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kireinaha
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August 18, 2014, 04:47:41 PM |
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Hate to say it but looks like you have been right so far, but everything could change. If we got one big merchant involved like ebay or amazon I'm sure the price would go back up as fast as it came down.
That will make zero difference. 2014 has clearly shown that average investors give a rat's ass about merchant adoption, because few people, if any, are joining the bitcoin economy just to convert from cash and spend them. It's mostly just long time holders spending them. |
Night gathers, and now my bitcoinwisdom watch begins.
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dompsairs
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Activity: 70
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August 18, 2014, 05:21:55 PM |
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Im not concerned if it isnt. It will eventually hit mainstream adoption. Poster above is right tho.
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Dafar (OP)
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dafar consulting
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August 18, 2014, 05:22:09 PM |
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Hate to say it but looks like you have been right so far, but everything could change. If we got one big merchant involved like ebay or amazon I'm sure the price would go back up as fast as it came down.
Merchant adoption helps bitcoin in the longterm because it makes bitcoin more "legit", more people become aware of bitcoin, and people find incentive to use bitcoin when more merchants support it. But don't expect news about merchant adoption to cause a rally, it really shouldn't. |
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xDan
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August 18, 2014, 08:15:04 PM |
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2014 may not be the year of the Bitcoin price, but it sure as hell is a good year so far for Bitcoin acceptance and services.
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HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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Zelek Uther
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August 18, 2014, 08:56:18 PM |
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August, and the OPs prediction is panning out so far for 2014...
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Run a Bitcoin node, support the network.
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Thelastcoin
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Activity: 35
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August 18, 2014, 09:09:34 PM |
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The year is not over!, anything can happen in 4 months.
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Wilhelm
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August 18, 2014, 09:18:38 PM |
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The year is not over!, anything can happen in 4 months.
Yep!!! We went from $2 (November 2011) to $1242 (November 2013) in 2 years!!!!! |
Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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Dafar (OP)
Legendary
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Activity: 1330
Merit: 1000
dafar consulting
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September 30, 2014, 06:46:00 PM |
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BUMP again for the truth. It's October 2014 tomorrow. This year is 75% over. BTC is currently at ~$380... I use a bit of logic and some common sense and I always end up being right. People posting highly complex TA and charts are bullshitting you and themselves, they don't know jack and I'd stop listening to them if I were you. Expecting another huge jump is almost too predictable. I feel like bitcoin has always been unpredictable/
I have a feeling we could see a slow year just like 2012, or even a first time negative trend the whole year (with increased FUD, bad news and more resistance form banks/govs). This could be the year that is unexpected, where more and more people lose confidence and start falling off the train, and only the true believers or delusional hopefuls continue to hold on. But once most people realize bitcoin brings financial control in the hands of individual, it will skyrocket. Most people again will miss the train again.
https://bitcointalk.org/index.php?topic=375372.0 |
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Cryptopher
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Activity: 1789
Merit: 1008
Keep it dense, yeah?
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September 30, 2014, 06:52:14 PM |
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To be fair what is your definition of a good year for Bitcoin?
Aside from the year not being out yet, it is fair to say that there has not been much positive momentum in terms of Bitcoin's exchange price, sure, but there's as many places as ever to spend your coins and there are more people aware of Bitcoin in some capacity.
For something that has been dragged through the mud it is doing alright. Given that the highs of 2013 were manipulated by Gox I would say that benchmarking market value against those highs would be foolish.
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Sign up to Revolut and do the Crypto Quiz to earn $15/£14 in DOT |
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intighet
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mene mene tekel upharsin
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September 30, 2014, 06:52:57 PM |
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I use a bit of logic and some common sense and I always end up being right. People posting highly complex TA and charts are bullshitting you and themselves, they don't know jack and I'd stop listening to them if I were you.
Be careful, you are falling prey to hindsight bias. Well done on your prediction, but do not let it go to your head. The moment you convince yourself that you always end up being right is the moment you lose the doubt that keeps your ideas critical and acts as the selective force for accurate predictions. |
Malus pro bono surrepat, et bonus pro malo displiceat; fallaces enim sunt rerum species, quibus credidimus.
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Dafar (OP)
Legendary
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Activity: 1330
Merit: 1000
dafar consulting
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December 02, 2014, 02:04:19 PM |
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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.
EVERYONE NEEDS TO WORSHIP ME OR APOLOGIZE BECAUSE I WAS RIGHT!!! Especially all the IDIOTS in the first few pages lmao. I know exactly what will happen in 2015 as well, but you guys don't deserve my predictions Jesus...
Do you realize we are 11.5% through the year?
That's about 42 days.
Last year's meteoric rise from 200 to 1200 took place in less time than that.
The fact is nobody has a fucking clue what is going to happen despite you thinking you know otherwise.
You are not an Amazon.com executive who is "in the know" about the next big move, you are not the FBI agent with his finger on the sell button for those Silk Road coins, you are not a professor of economics, are you are not Marty fucking McFly.
In July the price could be nearing $2,000 and every post will be talking about how close we are to "da moon". Nobody knows.
I don't like the speculation forum - I only use it a few minutes each day to fantasize about $100,000 Bitcoins, then I snap back into reality. Welcome to it.
Edit: Nevermind, I'm like 90% sure I just got trolled.
No...... 90% sure you got schooled, because I was right and you were wrong |
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BitmoreCoin
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December 02, 2014, 02:18:12 PM |
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2014 is the year of start of adoption of BTC.
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ChuckBuck
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December 02, 2014, 03:55:22 PM |
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2014 is the year of start of adoption of BTC.
Correct, we're still very very very early days in this technology:  We have a long ways to go, but with all the venture capitalism, development, and slow but steady adoption, we all must stay patient, use Bitcoin, and continue to spread the word. |
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NotLambchop
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December 02, 2014, 04:02:51 PM |
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2014 is the year of start of adoption of BTC.
Correct, we're still very very very early days in this technology:  We have a long ways to go, but with all the venture capitalism, development, and slow but steady adoption, we all must stay patient, use Bitcoin, and continue to spread the word. FTFY |
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sniveling
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December 02, 2014, 04:08:00 PM |
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EVERYONE NEEDS TO WORSHIP ME OR APOLOGIZE BECAUSE I WAS RIGHT!!! Especially all the IDIOTS in the first few pages lmao. I know exactly what will happen in 2015 as well, but you guys don't deserve my predictions
Is this your prediction in the quoted post below? ............. And one day you realize you lost all your money because the price never stopped going down, great plan  |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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December 02, 2014, 04:17:05 PM |
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Good call!
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xDan
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December 02, 2014, 04:39:45 PM |
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2014 may not be the year of the Bitcoin price, but it sure as hell is a good year so far for Bitcoin acceptance and services.
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HODLing for the longest time. Skippin fast right around the moon. On a rocketship straight to mars.
Up, up and away with my beautiful, my beautiful Bitcoin~
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Brewins
Legendary
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Activity: 1120
Merit: 1000
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December 02, 2014, 05:51:18 PM |
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2014 was the year of Bitcoin consolidation.
People shacked from their moon illusion, and more and more people hearing about BTC , and more and more places accepting it.
Plus some bad amateurs collapsing, and opening space for the professionals.
Also BTC is not anymore a gray juridic area.
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brg444
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December 02, 2014, 05:56:01 PM |
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2014 was the year of Bitcoin consolidation.
People shacked from their moon illusion, and more and more people hearing about BTC , and more and more places accepting it.
Plus some bad amateurs collapsing, and opening space for the professionals.
Also BTC is not anymore a gray juridic area.
I feel like it absolutely still is. This is one aspect I hope will be settled in 2015 |
"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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