2014 is NOT the year of bitcoin, sorry

[Jomppe]

This the golden age of bitcoin is just starting.  And I'm certain 2014 is one them.

What makes you think so?

[1714610314]

1714610314

[1714610314]

1714610314

[1714610314]

1714610314

[1714610314]

1714610314

[1714610314]

1714610314

[grifferz]

Did you know, that BTC used to cost like 0.01 USD so you can calculate how much it has already risen.

Did you know, that whichever altcoin you are today pumping used to cost like absolutely 0 USD, so you can calculate that it has already risen infinity percent?

We get that you think bitcoin is doomed. We get that over a long enough period of time, bitcoins of today are either going to be fabulously valuable or completely worthless. We get which side you fall on.

It doesn't need repeating over and over in every topic, unless you have something genuinely new to add.

[roslinpl]

This the golden age of bitcoin is just starting.  And I'm certain 2014 is one them.

What makes you think so?

what makes you think different?

Bitcoin is future of monetary system and each year it must get stronger to help us to live better lives!

[ChuckBuck]

This the golden age of bitcoin is just starting.  And I'm certain 2014 is one them.

What makes you think so?

what makes you think different?

Bitcoin is future of monetary system and each year it must get stronger to help us to live better lives!

Yup, definitely early days still.  Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year.   

[roslinpl]

Yup, definitely early days still.  Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year.   

Indeed everything is possible and we will see what will happen....

But sure is one thing 2014 will be a year of Bitcoin!

[boumalo]

Yup, definitely early days still.  Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year.   

Indeed everything is possible and we will see what will happen....

But sure is one thing 2014 will be a year of Bitcoin!

That is what we are all hoping for : 2014 being a huge year for Bitcoin but there has been a lot of bad news so the sentiment in the community is pretty bad

The price has been resisting during the mtgox fiasco so when it is all over we should go higher and higher because a lot of new people are getting involve in Bitcoin everyday and the system is still improving and gaining adoption

31/12/2014 1BTC=3241$

[roslinpl]

Yup, definitely early days still.  Every technological innovation goes through a growing phase.

This is essentially just year 5 of something most of us believe will be here awhile.

Once Gox is gone for good, you can believe 2014 will be another banner year.   

Indeed everything is possible and we will see what will happen....

But sure is one thing 2014 will be a year of Bitcoin!

That is what we are all hoping for : 2014 being a huge year for Bitcoin but there has been a lot of bad news so the sentiment in the community is pretty bad

The price has been resisting during the mtgox fiasco so when it is all over we should go higher and higher because a lot of new people are getting involve in Bitcoin everyday and the system is still improving and gaining adoption

31/12/2014 1BTC=3241$

I believe you are right but time will show ...
I really hope that it will hit $2000 at least

[Dafar]

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

[apsvinet]

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

Ok.
Why not stop shitposting and wait for the next 3/4 of the year, and we'll find out, won't we?

[pungopete468]

Until it falls below the support of the previous ATH, it's still appreciating in value. This looks cyclical to me... The fact that we've maintained so much momentum given the level of FUD is a testament to our resilience and to our growing immunity to FUD damage.

Bitcoin *should* by all means be trading at less than $100 given the intensity of the external negativity and the circumstances; I can draw only one conclusion: A positive attitude about Bitcoin is expanding more rapidly than the negative attitude spawned by external negativity. Bitcoin is an extremely attractive investment at $650.

Lots of whale blubber got trimmed, those who sold in the $500's probably should have been buying... This is looking like a historical base level of support. The equilibrium will be broken and considering how ineffective the FUD was at destroying the image, it looks like the next trend will be up again to a new ATH.

[BitcoinBobbeh]

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.

[Dafar]

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.

Hell no, that's very likely... but that doesn't make 2014 "the year of bitcoin" like 2013 was. $1200?! We used to be so much more ambitious

[BitcoinBobbeh]

I made this thread before all the GOX drama... told you this was the year of FUD. The common image for bitcoin is lower than it has been in a while.. price is still 50% below last year's ATH and we are midway through March.

Yeah it's only 1/4 of the year... but my stance is still the same for 2014.

I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.

Hell no, that's very likely... but that doesn't make 2014 "the year of bitcoin" like 2013 was. $1200?! We used to be so much more ambitious

Yes :p

$1200 was a joke and an inflated number in 2013. It was driven by Chinese mania and we have ricocheted between 400-800 ever since...

Meaning $1200 in 2014 would be Bitcoin DOUBLING its value during a year that saw the most popular exchange collapse, the first major flaw found in the protocol's code, and several countries either banning or enacting strict policies against it. Pretty amazing IMO and I think $1200 is a low guess for the highest value this year.

2014 is the year of Bitcoin. As is 2015.

[chessnut]

wow much fact, such information, very entailment, how sorry 

[Bit_Happy]

Everyone's expectations after 2013 were just way too high. This is the year of FUD! Mark my words, we're gonna be riding a shit storm all the way through the end of 2014.

This is the year that's gonna test your will and shake off the weak hands. This year will weed off the people who jumped into bitcoin thinking they will earn a quick buck, those who thought bitcoin's price just goes up every year like it's a pattern set in stone. I'm sure a lot of them jumped off by now thanks for mt. cox (btw-- the price is $635 right now... imo a good buy even if we go down further). The ones who remain will be the ones who believe in bitcoin for the longterm.

Let's be honest here... 2013 was the year of bitcoin. 2014 not so much... I think 2015 might be the next "year of bitcoin" ...Wrinklevoss ETF and Wallstreet might trigger the next rally, and that won't happen this year.

Did you expect everyone to safely ride the train to 10k? No. Only the ones who take the risk and hold on might enjoy the ride to $10K.. and even that is not a surefire bet anymore.

I have been sent from Dafar, Dafar to tell you this will be a great year.   

[NotoriousBIT]

This is the year I quit trying to day trade!

[roslinpl]

This is the year I quit trying to day trade!

I don't get it ? what you mean by that?

[testcoin]

This is the year I quit trying to day trade!

I am not a day trader too, but you may still consider to buy and hold.

Even though you think that 2014 may not be a good year of Bitcoin, it is likely that Bitcoin will come back soon after 2014 once public confidence is restored.

[grifferz]

I'll bet you exactly 1 BTC that by the end of this year, the price will have seen $1200, Bitstamp.

Hell no, that's very likely... but that doesn't make 2014 "the year of bitcoin" like 2013 was. $1200?! We used to be so much more ambitious

If you don't consider seeing $1,200 in 2014 to make 2014 "the year of bitcoin", then can you tell us what your criteria would be for 2014 to be the "year of bitcoin"?

(I'm not saying that I think $1,200 is the thing, either, but I as an optimist am interested in hearing what a pessimist like Dafar thinks)

[seleme]

This is the year I, if stay alive, healthy and don't lose majority of my BTC on some exchange or so, will become a millionaire and by some