We wont be seeing 1000 this year

[thedarksun]

I am right so far. This is not the year of Bitcoin, and not any other altcoin's either.

Most coins on btce are at 1 dollar and about to breach 0,X. I think we will see BTC at 500< for the rest of the year. Maybe more interesting stuff will happen enxt year?

[1714482586]

1714482586

[1714482586]

1714482586

[Traffic4u]

I didn't know about other altcoin, but I hope the price will never less than $700 in the end of this year.

[Benjig]

Maybe this year will be a slow year for bitcoin, however, this calm of rightnow doesnt mean it will be like this all year.

[statoshi]

No one knows the future, but predicting that the exchange rate of bitcoins will remain stagnant for 6 months is the most outrageous prediction that one can make.

[beetcoin]

No one knows the future, but predicting that the exchange rate of bitcoins will remain stagnant for 6 months is the most outrageous prediction that one can make.

he isn't saying it will be stagnant. he's just saying that it won't reach 1,000. that's not the same thing.

[Bobsurplus]

are you willing to put some money where your mouth is?

[Torque]

I am right so far. This is not the year of Bitcoin, and not any other altcoin's either.

Most coins on btce are at 1 dollar and about to breach 0,X. I think we will see BTC at 500< for the rest of the year. Maybe more interesting stuff will happen enxt year?

So why should anyone care what you think?  Are you a wizard? 

And yes I agree with Bobsurplus, care to put your money where your mouth is?

[r0ach]

Your post includes zero reasons why the price isn't going up.  If you want to know why, all you have to do is read the following paragraph:

The current Bitcoin model is already an obvious failure while people walk around in a delusional state pretending it isn't.  It's advertised as requiring "no trusted 3rd parties", yet the entire thing relies on them in the form of a small number of mining pools for block verification.  Since Bitcoin never solved the "no trusted 3rd parties" dilemma, it's time to admit that and come up with a solution, most likely assign a performance metric to regulate those parties (i.e. PoS with reputation variable).

Unless every single iota of Bitcoin dev manpower is redirected towards the solitary goal of getting rid of mining pools, they're operating under the textbook definition of insanity.

[falllling]

Your post includes zero reasons why the price isn't going up.  If you want to know why, all you have to do is read the following paragraph:

The current Bitcoin model is already an obvious failure while people walk around in a delusional state pretending it isn't.  It's advertised as requiring "no trusted 3rd parties", yet the entire thing relies on them in the form of a small number of mining pools for block verification.  Since Bitcoin never solved the "no trusted 3rd parties" dilemma, it's time to admit that and come up with a solution, most likely assign a performance metric to regulate those parties (i.e. PoS with reputation variable).

Unless every single iota of Bitcoin dev manpower is redirected towards the solitary goal of getting rid of mining pools, they're operating under the textbook definition of insanity.

crackers and governments and shit having 1200k coins(mtgox 200k, Ross Ulbricht 140k, crackers: 850k) + https://www.ethereum.org/ Over 8000 bitcoins is being held by this new project. As long as there are more investors, price of bitcoin will keep dropping due to cashing out.

[r0ach]

What you listed is not as big of an issue as the entire top down protocol being busted.  We have mining pool owners on the Bitcoin dev team, no wonder they are doing nothing to get rid of mining pools, the #1 core problem of Bitcoin.  The wolves, snakes, whatever the fuck are in the hen house so to speak.

[ThomasCrowne]

Maybe this year will be a slow year for bitcoin, however, this calm of rightnow doesnt mean it will be like this all year.

lmfao.  Your joking right?  A slow year for bitcoin price perhaps but to say it's been a slow year for bitcoin is really funny to me.

[beetcoin]

are you willing to put some money where your mouth is?

if he is, he could use betmoose.com or predictious.com to wager his coins.

[notserp]

its only alittle over half the year long time more to go

[TheNewAnon135246]

People said the same thing before the price went up to $1,200. Dell started accepting bitcoins, which is pretty positive news. If more big companies start adopting bitcoins we might see the price go up.

[futureazy]

I think we will see much more than 1000$ this year, if the trends continues like in the past.

[Brewins]

easy to say that when we are under a small fall in price.

When we have rise in price, we'll see lot of people saying that bitcoin price won't be lower than 1200 this year

[ScryptAsic]

You will be surprised if you see it hit 1000 next month.. Bitcoin is volatile..

[jcoin200]

Could be whales selling off before the hedge fund opens so they can buy back in in a week at a lower price.  It always seems like when the price drops 10% or so in just a few days its going to spike back up again

[minerpumpkin]

Has anyone though that maybe all those Altcoins could be soaking life out of bitcoin? I mean, if everyone's trying to diversify to catch 'the next big thing'? Then again, if a coin fails, the money isn't gone, it's simply with someone else, and those people (especially the creators and/or pumpdumpers) are investing it somewhere (BTC)

[DDBEK]

Maybe this year will be a slow year for bitcoin, however, this calm of rightnow doesnt mean it will be like this all year.

Yes, because last year's outbreak in November, so this year should be stable for 1 years