4000$ bitcoins in 4 months - page 3.

molecular

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Quote from: Raize on July 05, 2015, 08:22:19 PM

$4k in 24 months is more believable. We won't see similar timeframes as previous jumps, even if the scale is generally the same.

The reward halving should do the trick to get things going. So I'm betting we will have reached this target by end of 2016.

molecular

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Activity: 2772

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Quote from: Ivanhoe on July 05, 2015, 04:03:45 PM

The separation between church and politics happened a while ago, it now is time for the separation between politics and money.

I usually use "separation of state and money". But maybe your line is even better. Not sure yet.

Anyway... we all know we're working on it. Let's do this!

jonald_fyookball

legendary

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Core dev leaves me neg feedback #abuse #political

Quote from: randy8777 on July 06, 2015, 08:29:03 AM

it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

well there no fundamentals to the prediction. OP is correctly identifying the start of a bull trend, but it is not THE trend that would take us to such a high level so soon. I'd be stoked if we get back to the $500-$600 range in the next four months.

The Bad Guy

sr. member

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not gonna happen for sure mate , there won't be any big pump on Bitcoin price unless we reach the next halving block reward or two . which will be next 2016 and the other one on 2020 or something .

lorylore

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Quote from: randy8777 on July 06, 2015, 08:29:03 AM

it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

It's more funny to believe that the bitcoin price will reach 4000$ in 4 months ? lol
Drop a bit, be real we want 300-350$ this month

randy8777

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Activity: 896

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it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

Quote from: redsn0w on July 05, 2015, 03:07:04 PM

Quote from: Hyena on July 05, 2015, 02:59:54 PM

In the beginning of 2013 bitcoin traded at 15$ and went up to 250$ in the following 4 months. That's 16x rise! We are currently at 270$, 5 weeks green in a row, exactly as it was before the Cyprus crisis.

270*16 = 4320

Are you serious? Or just another useless speculation of the price? Will you buy 1 btc for 4k dollars ? Oh sorry I forgot ... we are in the speculation forum section.

//sarcasm.

However, I will be happy if the price will raise to 500 dollars so I can dump al my coins XD (who wants 4k dollars per btc).

Im surprised how such dumb posters can be hero members. Did you really spend years here posting and still not learn how you aren't forced to buy 1 entire BTC? you didn't learn how BTC could go to 1 million per coin and still function perfectly because it can be divided as small of an unit as needed? Jesus Chirst. Im not sure if it's sarcasm or not at this point, because I see so many dumb comments like these.

xDan

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ヽ( ㅇㅅㅇ)ﾉ ~!!

moon confirmed

Amph

legendary

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if this is not another dead cat bounce(we are still in the range where it could be, if it go to 500 then one can consider it a non dead cat bounce) then there can be the possibility of crazy climb

i think everyone is waiting for the crazy ride, like it was with the 1200 but bigger this time, something could certainly trigger a wave like that, but it does not look like this is the case

tss

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Activity: 742

Merit: 500

once the greece thing passes, the hype will be over and we will see where prices settle. others will take note.

every financial crisis bitcoin gets some attention. when there will be many, bitcoin will be there.

in the long run (not this time) i think there will be a lot of upward resistance around the 800s. many will cash out then thinking its the top to say i told you so to others and hope to buy in again at a lower rate.

tyrexs

sr. member

Activity: 266

Merit: 250

i'm not wrong read this? 4k in 4 month
sorry i guess it will not happen, now for bitcoin back to $1000 it really hard

STT

legendary

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Quote from: jonald_fyookball on July 05, 2015, 04:06:33 PM

it is not impossible because they don't need to control it. In Panama, they use United States dollars and don't control it.

Thats not the exception its the norm. People need to realise most of the world does not live in USA yet the dollar is world currency. So most people are wondering how it is you only accept things you can control, this is a luxury in monetary terms. The whole concept a country sets its own interest rates rather then the circumstances they navigate is not a good working idea

Gold is not a currency controlled by government yet has been the baseline for many centuries, it was in national use in many places without any real mining source

An exponential chart recognises a trend more then a linear chart can show. So so say technology growth is exponential which has been shown true, some tech companies might go grow similarly and be described best in that way. BTC could also fit such a trend if we consider its growth globally still possible

Raize

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$4k in 24 months is more believable. We won't see similar timeframes as previous jumps, even if the scale is generally the same.

Greendragon

member

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Quote from: redsn0w on July 05, 2015, 03:07:04 PM

Quote from: Hyena on July 05, 2015, 02:59:54 PM

In the beginning of 2013 bitcoin traded at 15$ and went up to 250$ in the following 4 months. That's 16x rise! We are currently at 270$, 5 weeks green in a row, exactly as it was before the Cyprus crisis.

270*16 = 4320

Are you serious? Or just another useless speculation of the price? Will you buy 1 btc for 4k dollars ? Oh sorry I forgot ... we are in the speculation forum section.

//sarcasm.

However, I will be happy if the price will raise to 500 dollars so I can dump al my coins XD (who wants 4k dollars per btc).

Who wants to pay 30k for a golden 1 kg bar? I bet your mother opens her legs for 0.1g gold.

gentlemand

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Activity: 2590

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Welt Am Draht

Quote from: spiderbrain on July 05, 2015, 06:52:09 PM

Sounds about right. I for one will be very happy when we break the last ATH, if only because we will get to flush out a whole bunch of whiners from this forum.

They'll find something new to whine about. And it will bring a fresh generation of whiners who'll be ready to whine when the next lull pops along. It'll be a never ending cycle but regardless of what they get up to in future, it would be very nice to put this one to bed.

spiderbrain

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Sounds about right. I for one will be very happy when we break the last ATH, if only because we will get to flush out a whole bunch of whiners from this forum.

afbitcoins

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I like the idea in opening post. Only thing I'd add is that time seems to be stretching out. The last bear correction from bubble peak took a lot longer to deflate than after previous bubbles. I can imagine next bubble peaking likewise stretched out in time.

Valerian77

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Activity: 437

Merit: 255

Quote from: molecular on July 05, 2015, 03:17:15 PM

Quote from: Hyena on July 05, 2015, 02:59:54 PM

In the beginning of 2013 bitcoin traded at 15$ and went up to 250$ in the following 4 months. That's 16x rise! We are currently at 270$, 5 weeks green in a row, exactly as it was before the Cyprus crisis.

270*16 = 4320

I used similar logic to make an 'insane' projection in February '13 (EDIT: incidentally very close to the "we are here" hyena drew above):

Quote from: molecular on February 21, 2013, 01:17:32 PM

Quote from: Technomage on February 20, 2013, 05:55:57 AM

Quote from: zby on February 20, 2013, 05:06:31 AM

Assuming that the two boom patterns should be similar (i.e. the whole thing be a fractal) - then the second is still very far from the top, it still might grow maybe 10 times.

Exactly. In my opinion the current situation is at most a "small bubble", meaning that there can be a correction, but it's unlikely to be a deep one. To experience a "massive bubble" we would need to see the all time high broken and then panic buys from there. That is the point when it's smart to become skeptical.

there have been 3 "steps" in the 2011 runup to the bubble (from base of about $1):

the jump to $2
the jump to $4
the jump to $9

So the top of the current bubble is either 450, 225 or 100 depending what "jump" the current one is similar to.

I don't believe in this fractal stuff applying to markets somehow, though.

I clearly remember being ridiculed for putting such insanely high numbers, but I can't find the posts. Maybe deleted in shame.

So I'm with you, hyena, and we'll laugh last Wink

Just to mention this prediction from September 27, 2014:
Next spike $560,000 14 months from now

Hyena

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Quote from: redsn0w on July 05, 2015, 03:07:04 PM

Are you serious? Or just another useless speculation of the price?

I am seriously speculating and yes, we are in the speculation forum section, this is what we do here, all day every day.

Quote from: redsn0w on July 05, 2015, 03:07:04 PM

Will you buy 1 btc for 4k dollars ?

It doesn't matter what the price is if you need to transfer wealth. I personally don't need to buy a single bitcoin ever again but I'm more than sure that there are people willing to pay 4k for a bitcoin.

Quote from: redsn0w on July 05, 2015, 03:07:04 PM

Oh sorry I forgot ... we are in the speculation forum section.

//sarcasm.

WTF. Learn to use sarcasm.

Quote from: redsn0w on July 05, 2015, 03:07:04 PM

However, I will be happy if the price will raise to 500 dollars so I can dump al my coins XD (who wants 4k dollars per btc).

And you will become yet another duck fucker, bitter for selling their bitcoins at 500$ when the price has stabilized at 5000$.

jonald_fyookball

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Core dev leaves me neg feedback #abuse #political

Quote from: redsn0w on July 05, 2015, 04:00:43 PM

Quote from: Lauda on July 05, 2015, 03:58:48 PM

I highly doubt that we are going to even come close to this. However, there is a slight possibility in case that something happens.
If Greece declares Bitcoin as its national currency then Bitcoin is going places. Although the odds aren't really in favor of this one.

It is impossible that a nation or government will declare bitcoin as its national currency, how they can control it? Only an anarchy can support bitcoin as currency not even a democracy.

it is not impossible because they don't need to control it. In Panama, they use United States dollars and don't control it.

Topic: 4000$ bitcoins in 4 months - page 3. (Read 4820 times)