Quote from: Unbelive on October 03, 2014, 11:38:20 AM

Quote from: DannyHamilton on September 04, 2014, 03:49:29 AM

Quote from: LiberyOrDeath on September 04, 2014, 03:29:34 AM

Even though we still have a few months to go until the end of 2014, chances are that this year might turn out to be the worst for BTC. By this I mean the first year so far that BTC will end up in negative territory, 2011, 2012, 2013 all ended with huge upward movements, yet this year we have fallen from January high of $900-$1000 to what we have know $475.

What does this signal in your opinion? This year has seen many breakthroughs and positive news, yet we are down more than 50% this year - unprecedented event in the history of BTC, since all the previous years ended with high gains. Does this mean that 2015 will be a huge year or is it just a small detour along the way?

What do you cryptoheads think about this phenomenon ?

Cheers,
Jay

September 4, 2013
1 BTC = $123

September 4, 2014
1 BTC = $475

That's an increase of $352 (286%) over 1 year.

It'll be interesting to see what happens in the remaining 4 months.

October 3, 2013
1 BTC = $103

October 3, 2014
1 BTC = $375

Like I said in the "Crunch time!" thread, a diff chart subtracting the current daily price from a year ago would be interesting. If we don't take off pretty soon, this diff will begin to approach zero pretty rapidly here. We're about a month and a half away from going negative after 365 days.