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Bitcoin Forum > Bitcoin > Bitcoin Discussion > Press > [2014-12-26] Bitcoin Bulls Made the Worst Predictions of 2014
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zakoliverz (OP)
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December 26, 2014, 08:44:17 AM
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http://time.com/money/3645842/bitcoin-predictions-2014/

Okay, you’d expect bitcoin fans to be a little overenthusiastic about the currency’s future, but some professional analysts also published extremely inflated predictions. In a December 2013 report, analysts at Bank of America Merrill Lynch assessed bitcoin’s maximum fair market value at $1,300 per coin, which at the time was framed as a cautionary estimate. (That number looks silly now, but the prediction appears to be for the life of bitcoin, so it may still come to pass.)
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December 27, 2014, 07:36:54 AM
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This will be the first calendar year with a negative return.  Certainly a different situation than the past few years!
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December 29, 2014, 11:38:39 AM
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Quote from: kjlimo on December 27, 2014, 07:36:54 AM
This will be the first calendar year with a negative return.  Certainly a different situation than the past few years!

Indeed it marks a point of interest historically on the development of digital currencies.
Whether we see significant price appreciation and developments for Bitcoin or new developments in alt coins will be the thing to watch for in 2015
Believing in Bitcoins and it's ability to change the world
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