Global economy forecasts say that 2014 will be great. Is this good or bad for BT

[bitbrasil]

So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.

[T.Stuart]

So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.

My 2 cents? Bitcoin is going to boom. Absolutely. The fear of it not being accepted is gone now in many countries. This was the biggest psychological barrier.

[Ibian]

It's good, because they are wrong. With peoples hopes pumped up, their despair and frantic search for alternatives will make bitcoin seem that much more attractive when the bad news come rolling in.

[NeedForBitcoin]

Haha I'm sure they said the same in 2008.

[Richard Branson]

So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.

My 2 cents? Bitcoin is going to boom. Absolutely. The fear of it not being accepted is gone now in many countries. This was the biggest psychological barrier.

Have you ever talked to non tech people?
90 don't see any advantage. 10% think it's a scam.

Actually there is really no advantage for the average joe. Transfer large amounts abroad very fast, is limited by 2 transactions from fiat to bitcoin and reverse. A simple online bank transfer is faster and cheaper.

Most people here are tech nerds (me too). But we are not the majority.

[Dafar]

So almost all global economy forecasts that I've read are very optimistic about global economy in 2014. Is this good or bad for BTC? I have this impression that BTC attracts more people when there are risks of financial trouble around the world.

My 2 cents? Bitcoin is going to boom. Absolutely. The fear of it not being accepted is gone now in many countries. This was the biggest psychological barrier.

Have you ever talked to non tech people?
90 don't see any advantage. 10% think it's a scam.

Actually there is really no advantage for the average joe. Transfer large amounts abroad very fast, is limited by 2 transactions from fiat to bitcoin and reverse. A simple online bank transfer is faster and cheaper.

Most people here are tech nerds (me too). But we are not the majority.

Good, that means we're still early in the game.


You're sort-of right about average Joes, which I'll assume are Americans, not desperately needing bitcoin at the moment. Bitcoin will probably become mainstream in developing countries first. But as far as online bank transfers being faster and cheaper.... how?

[piramida]

Actually there is really no advantage for the average joe.

except that every average joe is greedy, and dreams of becoming rich doing nothing.

[ElectricMucus]

Actually there is really no advantage for the average joe.

except that every average joe is greedy, and dreams of becoming rich doing nothing.

So Bitcoiners and the average joe have at least this thing in common.