Re: 2014: The Worst Year for BTC?

Quote from: Tai Zen on September 16, 2014, 02:05:38 AM

A year ago I never thought I would be able to:

-- buy the world's most powerful laptop from dell with btc...

-- book a flight with expedia...

-- see Bank of America take time out from pillaging the public to report on btc...
https://ciphrex.com/archive/bofa-bitcoin.pdf

-- see bank of england step away from the money printing presses to put out, not one, but 2 reports on btc today...
http://www.bankofengland.co.uk/publications/Pages/quarterlybulletin/2014/qb14q3prereleasedigitalcurrenciesbitcoin.aspx

As far as I'm concerned.... 2014 has been a GREAT year for btc and I'm sticking to my original $2,000-$9,800 price target for btc in 2014:
http://prisonorfreedom.com/currency-analysis-7-bitcoin-price-prediction-for-2014/

Enjoy!
Tai Zen

I agree. In terms of the potential uses for bitoin, it has been a great year. The same is true regarding investment in bitcoin related infrastructure.

I am not so sure about your price predictions though. If the price is increasing too rapidly then people will not want to spend their bitcoin which would hurt it over the long term