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Author Topic: What was the turning point?  (Read 1408 times)
Aggressor66
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May 03, 2015, 06:55:47 PM
 #21

Originally valued by traders at less than $1, in 2013, its popularity began rising, along with its value.
As more people became interested in acquiring Bitcoins, demand overwhelmed supply.
By April 2013, 1 Bitcoin was valued as high as $230 USD.
The real turning point came in November 2013, within a month, the price shot up (and peaked) at $1230 per Bitcoin.
The Bitcoin craze had begun.
boopy265420
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May 03, 2015, 07:03:47 PM
 #22

I would say that real turning point is still has to come. This is primary stage of popularity in which we are watching announcements of adoption by different multinational business companies.A common man still does not know well about Bitcoin. Bitcoin is to be explored by millions then this will reach to its real value and right place.
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May 03, 2015, 07:41:45 PM
 #23

Not a specific even that I can remember. But it is related to a snowball effect, more people now about it and use, they get more new people in it and so on.

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May 03, 2015, 08:22:07 PM
 #24

The turning points were definitely the price increases and the exchanges fiascos. The negative events are the ones with bigger repercussions, and the ones that are brought to people. Also the ones people care about, really... That's how many people know Bitcoin.
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May 04, 2015, 12:36:01 AM
 #25

When and how did YOU get involved!? It will give you some pointers to most common turning points in bitcoin.
For 99% of the people here, it was insane ROI and value hype that got them(us) involved, and only later comes a realization of just how great potential this technology has.
Black market played(and somewhat still is playing) also a large role spreading the word.
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