Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin fading away?
by
ixne
on 26/07/2014, 17:18:02 UTC
I notice that the people complaining about Bitcoin "fading" have only been registered through the latest boom-and-bust cycle.  Having been through 3 of these, this lull after the hype is pretty much standard.  That said, I don't expect anything huge to happen until late 2015/2016 when the next block halving happens.  Right now, bitcoin inflation is around 10%, which is huge for any currency.  Keeping prices level at this point is somewhat surprising, especially considering that loads of bitcoin are currently being exchanged for fiat through huge mining enterprises and major retailers accepting bitcoin.