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Topic: [2014-05-28] BTC to break $2,000 mark by Christmas – Experts (Read 1114 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
or the 20 USD mark  Wink

Even at $20/btc a surprising number of people would still be panic selling, similar to when BTC hit $1.9996 at the bottom of the first big Bear.
Fortunately, we (probably) will not need to ever go through seeing the price below $200/$300/$400 ever again.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
or the 20 USD mark  Wink
legendary
Activity: 1568
Merit: 1001
Yeah, $2k is an easy and safe low ball figure which won't threaten anyone's credibility. But, I have a line into the whale community that is calling for $4k-ish and the height of the next bubble. The bottom line is, nobody really knows but passed trends indicate a rise into the ballpark in the not too distant future. The shelling out of ATMs, the extra startups popping up in the crypto community and the media attention + institutional investment additions to the ecosystem makes it hard to not envision the repeated rise of the price as BTC's utility becomes a highly valued commodity.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

Quote
In an exclusive to CoinTelegraph, 58 high-flyers from the Bitcoin community attending Amsterdam Bitcoin2014, predict where Bitcoin will be on Christmas day 2014. While some experts compared the task to attempting to forecast the weather on Christmas day – the time of year gives us a pretty good indication what the weather will be doing, and the predictions of some of our experts make a lot of sense given the current Bitcoin climate.



The dollar lost that fight a long time ago. Not an issue anymore.
legendary
Activity: 1540
Merit: 1000
Conservative estimates are always the best way to go, even pessimistic, especially when it comes to spending and profit outlook because if you constantly make almost arrogant statements about how high something is going to go you're going to get a nasty shock further on in the year and people won't trust you as well.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
They are too conservative, BTC has a great chance to hit $3,400 by late this year.  Smiley
Still it's nice to see "experts" finding such high value in Bitcoin.
global moderator
Activity: 3990
Merit: 2717
Join the world-leading crypto sportsbook NOW!
Ha, I think this thread should be moved to speculation. 'Experts' or not, at least they admit it's virtually unpredictable so it's redundant really (as speculating on the price always is).
hero member
Activity: 826
Merit: 1001
How will they call the bot this time ?
hint: Willy and Markus have already been used...
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

Quote
In an exclusive to CoinTelegraph, 58 high-flyers from the Bitcoin community attending Amsterdam Bitcoin2014, predict where Bitcoin will be on Christmas day 2014. While some experts compared the task to attempting to forecast the weather on Christmas day – the time of year gives us a pretty good indication what the weather will be doing, and the predictions of some of our experts make a lot of sense given the current Bitcoin climate.

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