Hard to walk 2014, bitcoin Outlook New Year's atmosphere

At the end of 2013, the market price of Bitcoin soared to $1000 trillion and went downhill after 2014. Fortunately, the situation has improved slightly, the market price rebounded, currently in the 350 dollar fluctuation, basically in a stable position.

For the time being, the golden years of the spike in the value of Bitcoin have been yesterday.

The bitcoin is all around us.

At the turn of the past decade, we have always known little about Bitcoin. People do not know enough about Bitcoin, and the random speculation of the encrypted currency, under the influence of these factors, Bitcoin has unwittingly felt a road, a set of systems.

There are a lot of rumors about people who make money overnight and become millionaires. The price of bitcoin is rising too fast, and many people regret not investing in Bitcoin by the end of 2012, until the market price is 12 dollars. The Winklevoss brother of the bitcoin exchange Trading fund predicts that the price of Bitcoin will rise to $40,000 a day, eventually accounting for $400 billion trillion in dollar market capital.

WordPress began accepting Bitcoin at the end of 2012. Dell, Overstock.com, and many other companies have expressed support for Bitcoin, albeit through partner services. Many start-ups and financial investment companies are starting a dedicated Bitcoin system. Even a man and his wife swore to live on bitcoin three months before their wedding.

For a time, it seems that there are bitcoin everywhere. If you don't use it, you'll lose a lot of money. But the phenomenon did not last long.

The way we Live now

Investors now don't seem to know what to do with Bitcoin. But there has been a general consensus in some views that the bitcoin of individual users does have value, but there will not be a large influx of new users in the short term. This also directly indicates that in the near future, Bitcoin will not appear in the huge buyer market.

The whole research and development of Bitcoin wallet is in progress, which indirectly reflects the interest of potential buyers in Bitcoin. A Bitcoin purse is an electronic document that takes care of your private key and unlocks the Bitcoin in your wallet for you to use and consume. It's the same thing as a real wallet with a credit card.

At the end of the third quarter, users of bitcoin wallets had risen from 1.3 million in the year to 6.5 million. But according to official data obtained by Reuters, most of the wallets are empty. It is estimated that only about 250,000 to 500,000 wallets are really bitcoin. This means that a lot of people just opened bitcoin wallets, but didn't have bitcoin; as some human tools continued to emerge, the process was becoming simpler, but still more troublesome than extracting cash directly.

In addition, investors and social media have noted that the investment prospects for Bitcoin this year are not optimistic, the market percentage has been falling. Of course, these facts do not affect the real Bitcoin defenders. However, a question that has been debated among Bitcoin users deserves our attention: the basic technology blockchain of Bitcoin is the key, not the price.

Of course, in order to make Bitcoin the ideal tool for the transfer of capital, some pricing mechanisms are necessary to ensure that prices can be linked to it.

"In my opinion, Bitcoin has been a pretty good performance over the past two years as an asset," said Adam Draper, founder of the Bitcoin investment company boost VC. "We're in the commissioning phase, so there's not a lot of speculative investment going into Bitcoin, and people are looking for where the Bitcoin really applies." ”

Draper is the son of venture capital's Tim Draper. His father, like him, was a loyal fan of bitcoin.

For Bitcoin, rising prices can lead to a variety of bragging. Whether you think that part of the Bitcoin economy is the most important, it's always right to get a broad understanding. Therefore, even if we cannot foresee that the price of Bitcoin will rebound in 2015 years, we may foresee a restrictive increase in its use in 2015.

Microsoft has also recently begun to sell its olive branch to bitcoin, establishing a partnership with BitPay and starting to authenticate with Bitcoin. But while Microsoft, the world's second-largest market share, began to incorporate bitcoin into its business, the price of bitcoin seems to have not changed much. As a result, many other companies ' certification of Bitcoin should not have much material impact on their prices.

The past and future of Bitcoin

If you expect Bitcoin to rise in the 2015-year price, you may have to ask yourself, what kind of situation or set of conditions will achieve this effect?

Adam Draper firmly believes that the hope lies in product development, especially blockchain-related technical products, thus making Bitcoin more integrated into people's lives. "I still have a mania for Bitcoin, and the next six months will certainly be different, inspiring," he told TechCrunch.

Draper's company invests 20-30 companies two times a year. Boost has recently turned to investing in 100% authentic Bitcoin startups. They plan to help 100 companies with Bitcoin as their core business 2017 years ago. "Those who have a unique vision and choose to enter the field of Bitcoin will launch great products to create value for the world," he said. ”

Bitcoin has been difficult in the past year, and the previous growth was almost wiped out. Draper and other Bitcoin advocates are still sticking to the bottom, but as the economic bubble of Bitcoin fades, the development of the 2015 seems particularly important.

The virtual currency of Bitcoin, we have doubts, there are expectations, there is a check, all the time to wait to test it.

Source: Gold Rating Media

The article is only for the Personal Study Institute, if the infringement of copyright matters, please inform, in order to promptly delete