2014: The Worst Year for BTC?

[keithers]

It may not have been the best year so far for price per BTC, but it has definitely been the best year so far in terms of new BTC businesses, as well as our ability to now use BTC at 10  times as many retailers as we were able to before 2014

[OrientA]

It may not have been the best year so far for price per BTC, but it has definitely been the best year so far in terms of new BTC businesses, as well as our ability to now use BTC at 10  times as many retailers as we were able to before 2014

It is the best year for adoption.

[BitCoinNutJob]

No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point.  This will be really interesting when we start hitting september/october.

[polynesia]

No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point.  This will be really interesting when we start hitting september/october.

We are already towards the end of September... And there is no recovery in sight.

[OrientA]

No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point.  This will be really interesting when we start hitting september/october.

We are already towards the end of September... And there is no recovery in sight.

I think he means 12 month period. If that is the case, then the price in Dec last year was over 1,100, we have to rise a lot to beat that.

[jjacob]

No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point.  This will be really interesting when we start hitting september/october.

We are already towards the end of September... And there is no recovery in sight.

I think he means 12 month period. If that is the case, then the price in Dec last year was over 1,100, we have to rise a lot to beat that.

13-Nov-13. That is the day bitcoin crossed $400.... and that too with a $45 jump.
By Nov-Dec we will know whether such a 12 month period exists.

[TrailingComet]

Careful with such drastic pronouncements, BTC may yet surprise us all
Three months left to go in 2014, and that's a long, long time to go

[shanem]

btc is still stable so no problem
I am more worried if btc continues to break new highs without building any support.

[borna_121136]

In my opinion, it's not the worst. Actually it's showing the signs of resilience, it's here to stay.

[Dr. Pepper]

I dunno why people worry so much about the price. We've got the rest of our lives to see it grow in value and adoption. One thing I'm sure of is this wont be the worst year we've had so if you guys get annoyed by the price fluctuations and get out as soon as you can.

[guzazaza]

Not true.. 2014 probably might be the best year to date.

[Traffic4u]

No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point.  This will be really interesting when we start hitting september/october.

We are already towards the end of September... And there is no recovery in sight.

Unfortunately it appears that the one year anniversary of the nov 2013 bubble will not hold true to this. I really do not see a catalyst that would cause the price of bitcoin to skyrocket significantly higher in the near term.

[LiberyOrDeath]

No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point.  This will be really interesting when we start hitting september/october.

We are already towards the end of September... And there is no recovery in sight.

Unfortunately it appears that the one year anniversary of the nov 2013 bubble will not hold true to this. I really do not see a catalyst that would cause the price of bitcoin to skyrocket significantly higher in the near term.

I second that. We are already in October - the peak was in November , right now BTC is under 400 USD and chances are very slim that it will move outside 350-600 USD levels that we have seen for most of the year.

As the Hero Member pointed out - no year in BTC history ended with a loss - if you held for 12 months. Only a few weeks to go until we are in November and face the moment of truth. The talk about 10,000 USD in a year or 100,000 in a couple of years was premature - we might get there but it will take years maybe even a decade - for 10,000 USD and several decades for 100,000 USD. Of course by then a cup of coffee will cost you a few thousands dollars

[Ayers]

Careful with such drastic pronouncements, BTC may yet surprise us all
Three months left to go in 2014, and that's a long, long time to go

bitcoin did already surprise us at launch, it was on a killing streak with his 1200 dollars peak, the bubble of this year already happened

[Rickdias]

Careful with such drastic pronouncements, BTC may yet surprise us all
Three months left to go in 2014, and that's a long, long time to go

haha yea three months seems forever in the world of BTC

[oblox]

I really do not see a catalyst that would cause the price of bitcoin to skyrocket significantly higher in the near term.

Bitcoin ETF = new capital for starters.

[ariyaromadhona]

In December 2013 BTC price Rising to $1000 then in February Slide to under $300 , in April up again to $400 , and now BTC reaching $300 ..
From that's Data , we can take that in world Btc anythink can happen in only few weeks , iff my predict was right , in december 2014 BTC price going to $600 or even Higher
Have a talent to predict price? Join us in Sparkprofit , you got right in your predict they'ill give you a reward .. Interested?
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Enjoy

[Beliathon]

No time in bitcoin history has anyone lost any money if they held for 1 year at any buy in point.  This will be really interesting when we start hitting september/october.

We are already towards the end of September... And there is no recovery in sight.

I think he means 12 month period. If that is the case, then the price in Dec last year was over 1,100, we have to rise a lot to beat that.

13-Nov-13. That is the day bitcoin crossed $400.... and that too with a $45 jump.
By Nov-Dec we will know whether such a 12 month period exists.

And then the question will become, what exactly is so important about the number 12, or the number 365, or the number 8,670 (hours) that we should place such emphasis on it as a determination of bitcoin's usefulness or value?

Answer: Nothing! There is absolutely no good reason to use the time it takes Earth to completely orbit Sol as an investment metric. It's sheer nonsense, the shallowest of logic.

[tzortz]

Everyone was saying it would be 1000 before September.

Nothing close happened.

[sidhujag]

Patience young boy patience