Way too fucking early for a rally.
First off, nobody is going anywhere without Gemini and the Bitlicense. Any premature rally will get dumped on by miners from China.
Secondly and somewhat related to first point: nobody is going anywhere without the big ETF, which is dependent on Gemini proving that the market in the West won't easily be raped by the Chinese dump monkeys.
Lastly and most importantly, we're constantly skirting with the blocksize limit. The moment volume picks up and we see tens of thousands of unconfirmed transactions disregarded into the void, the media will scream about how flaky bitcoin is as a method of payment, to which the newbs will dump coins faster than fat kid after eating Taco Bell.
In 2015, we are in the "2012" phase of quiet transition. Nobody is going anywhere after the 80% slow bleed. None. Infrastructure is building at a rapid phase and the mainstream media is none the wiser. This is in fact, a good thing.
Just wait until the Winkies gets their hall pass from Uncle Ben, the ETF gets their stamp from Uncle Sam, and Gavincoin goes live, then perhaps we are due for The Big Fucking Rally, and then it's lights out for fiat.
First off, nobody is going anywhere without Gemini and the Bitlicense. Any premature rally will get dumped on by miners from China.
Secondly and somewhat related to first point: nobody is going anywhere without the big ETF, which is dependent on Gemini proving that the market in the West won't easily be raped by the Chinese dump monkeys.
Lastly and most importantly, we're constantly skirting with the blocksize limit. The moment volume picks up and we see tens of thousands of unconfirmed transactions disregarded into the void, the media will scream about how flaky bitcoin is as a method of payment, to which the newbs will dump coins faster than fat kid after eating Taco Bell.
In 2015, we are in the "2012" phase of quiet transition. Nobody is going anywhere after the 80% slow bleed. None. Infrastructure is building at a rapid phase and the mainstream media is none the wiser. This is in fact, a good thing.
Just wait until the Winkies gets their hall pass from Uncle Ben, the ETF gets their stamp from Uncle Sam, and Gavincoin goes live, then perhaps we are due for The Big Fucking Rally, and then it's lights out for fiat.
I agree that 2015 is like 2012.
In 2012 the price went from around 2 to around 10. Thats a 400% gain.
Perhaps in 2015 the price will go from around 200 to around 1000. Personally, I'd rather buy closer to 200 than to 1000.
I think not 2015, but 2016, and near 2017 we will smash the last ATH HARD and people that didn't amass as much BTC as possible during 2015 will cry tears of lava.