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Author Topic: Btc Price Was Higher Last Year Than Today  (Read 2220 times)
oblivi
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November 21, 2014, 04:24:52 PM
 #21

Then it is time to buy.  Tongue
I agree with poster above. We'll be down for a couple of months, so a couple of months to buy.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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November 21, 2014, 04:44:35 PM
 #22

Some stability can only be good at that point. It's kinda hard to use bitcoin as money and do business with it in such a long bear market trend. I expect the next few months to be pretty boring in term of price action (hopefully).

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November 23, 2014, 06:39:51 AM
 #23

The Bitcoin price in June 2012 was lower than in June 2011 due to the latter having been a bubble. There was another major bubble in November/December 2013 as well as a minor one in April 2013. So I'm not surprised that the price is lower this time around. And while the price of BTC valued in terms of USD has risen every January year-to-year, I expect this won't be the case in January 2015. Sad
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November 23, 2014, 06:52:23 AM
 #24

Curve is slowing but 100k is still there
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November 23, 2014, 02:47:34 PM
 #25

If we won't see a mayor pump this year, 2014 is the most dumbest btc year so far, we must hit the news in a good way

cinder
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November 23, 2014, 03:44:05 PM
 #26

If we won't see a mayor pump this year, 2014 is the most dumbest btc year so far, we must hit the news in a good way

Possible be the last good year for bitcoin.
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November 23, 2014, 04:22:51 PM
 #27

If we won't see a mayor pump this year, 2014 is the most dumbest btc year so far, we must hit the news in a good way

Possible be the last good year for bitcoin.

Yes, this will be the last good one because next one is going to be Legen...Wait for it...Dary - Legendary lol  Cheesy
jk last year there was gox and sc clouds in the air but this year is almost dry. 
247casino
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November 23, 2014, 09:27:40 PM
 #28

price is irrelevant, it's only need is growing user base and the data on blockchain.info shows a huge growth in wallets

the next bubble is 7M wallets, the last bubble was 700K wallets

Last I checked we were over 2M wallets

so that's the real world data that moves the needle to new areas of support

the more things you have like bitcoin casinos, and silkroads and adult stuff that feed human vices that refuse old world fiat

the more need people have to fuel the vice needs of 7 billion humans with bitcoin

so it's just educating vice suppliers and vice consumers to use bitcoin

then that will trickle into the main world currency type of spending

grow vice with btc and btc will be huge

there's no need for anyone to use btc for the real world, it's a vice currency

vice are huge industries

drugs
gambling
adult stuff

so educate vice operators and btc will be huge
Ron~Popeil
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November 23, 2014, 09:28:40 PM
 #29

Price stability after a few bubbles is exactly what we need. Wild spikes and valleys are not signs of a stable currency. Just saying.........

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November 23, 2014, 11:01:36 PM
 #30

If we won't see a mayor pump this year, 2014 is the most dumbest btc year so far, we must hit the news in a good way
Unfortunately, it looks like it is going to be that way. Although the last bubble from 2013 took only a few days for the price to go up 10x so it would not be 100% out of the question to have a late year massive rally.

I would say that one good thing about the lack of a big pump/rally is that the price has stabilized substantially and as a result more people are likely now willing to invest in bitcoin and bitcoin related infrastructure. 

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November 24, 2014, 12:00:56 AM
 #31

Price stability after a few bubbles is exactly what we need. Wild spikes and valleys are not signs of a stable currency. Just saying.........

Price stability after a few bubbles... Definitely not price stability in the $300-$400 range.  Grin

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