Post
Topic
Board Speculation
Re: 2014 is NOT the year of bitcoin, sorry
by
hilariousandco
on 13/02/2014, 17:38:41 UTC
Two bad weeks in February and it's a "bad year"?

What was wrong with January? We had a very stable price and a steady stream of good if not amazing news.

People were even complaining that bitcoin got boring. It should be boring, because this is a time when tons of infrastructure work is being done behind the scenes. Remember all the VC that's been dumped into BTC startups last year? That money will take some time to surface as new services. By summer, if not sooner, we'll be seeing the fruits of that investment.

Time moves fast in Bitcoinworld. Two months is essentially 3-4 months in real time  Cheesy.


2014 will be the year of the bitcoin ATM! It's all about easing the transformation and making it accessible. Bitcoin is only 'crashing' right now to help those who feel they missed the boat also get on board... Satoshi probably built it into the source code  Wink

I'm sure these ATMs will start popping up all over the place during the course of the year. This year has gotten off to a arguably bad / slow start, but I'm sure this will change soon enough. I think people just start panicking if their money isn't growing like they'd hope, but those people are probably in Bitcoin for the wrong reasons anyway.