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re: Predict the 12/31/2014 bitcoin price (plus 2013 year in review)

Posted on 1/9/14 at 10:55 am to
Posted by Broke
AKA Buttercup
Member since Sep 2006
65065 posts
Posted on 1/9/14 at 10:55 am to
Wiki explained that everybody would switch to another crypto currency. Just like Silk Road being shut down had no impact on the market.
Posted by LSURussian
Member since Feb 2005
127112 posts
Posted on 1/9/14 at 11:19 am to
quote:

Wiki explained that everybody would switch to another crypto currency.

"Oh, look! The government just destroyed most of our wealth we had in bitcoin so let's go put what we have left in another play-like, funny money The government won't dare do it again!"

Posted by brucevilanch
Fort Worth, Tejas
Member since May 2011
24334 posts
Posted on 1/9/14 at 6:48 pm to
quote:

Just like Silk Road being shut down had no impact on the market.



I think this helped BTC more than it hurt it. The publicity from it opened it up to people who had not known about it before.

The Sild Road bust happened when? Late September/Early October? Just look at what happened after that. That's just my theory though.


Link to the chart.
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