5 digits before the end of the year. - page 3.

kibblesnbits

hero member

Activity: 557

Merit: 500

Quote from: elianite on May 25, 2014, 05:46:15 AM

Quote from: zimmah on May 25, 2014, 04:12:49 AM

Quote from: kibblesnbits on May 24, 2014, 09:53:42 PM

Quote from: adamstgBit on May 24, 2014, 08:18:02 PM

Quote from: kibblesnbits on May 24, 2014, 08:13:38 PM

There's no way it's five digits unless there's a decimal in between there somewhere.
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC. The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC. Deal?

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

Ok so far we have:
zimmah: .5BTC
elianite: .5BTC

The terms are: The price on bitcoinaverage.com does not go above $1,000 USD between 5/25/14 and 12/31/14 at 23:59 UTC. In the case where bitcoinaverage.com does not exist at the end of the bet, bitcoinity.org will be used.

BitchicksHusband

sr. member

Activity: 378

Merit: 255

Quote from: ranlo on May 24, 2014, 11:40:16 PM

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

And yet, last time we zoomed right by $266 like it didn't exist.

frienemy

full member

Activity: 235

Merit: 100

I was promised da moon

Bitcoin has by definition only ONE important digit: one bit is either 1 or 0. That means you either have one or none. THAT is the essential thing about bitcoin

pinksheep

full member

Activity: 196

Merit: 100

Quote from: BitchicksHusband on May 25, 2014, 07:11:50 AM

Quote from: pinksheep on May 24, 2014, 08:45:53 PM

Quote from: wachtwoord on May 24, 2014, 08:38:05 PM

Quote from: pinksheep on May 24, 2014, 07:32:21 PM

Quote from: zimmah on May 24, 2014, 07:25:33 PM

If we reach $40K, I'm out

And I do think $10K is possible this year.

Why would you ever trade away all your Bitcoins? Just re-balance your portfolio.

OK, I'll admit I'll probably keep 1 just in case, we hit really BIG money. But I have a figure in mind that I need to build my dream house & when we get there, I'll sell the vast majority of my coins.

Patience will reward you. I know you're somewhat new here. Have you looked at Risto's SSS plan thread? You really should read it.

https://bitcointalksearch.org/topic/sss-a-sane-and-simple-bitcoin-savings-plan-345065

Thanks, I'll read it now, it looks very interesting

BitchicksHusband

sr. member

Activity: 378

Merit: 255

Quote from: pinksheep on May 24, 2014, 08:45:53 PM

Quote from: wachtwoord on May 24, 2014, 08:38:05 PM

Quote from: pinksheep on May 24, 2014, 07:32:21 PM

Quote from: zimmah on May 24, 2014, 07:25:33 PM

If we reach $40K, I'm out

And I do think $10K is possible this year.

Why would you ever trade away all your Bitcoins? Just re-balance your portfolio.

OK, I'll admit I'll probably keep 1 just in case, we hit really BIG money. But I have a figure in mind that I need to build my dream house & when we get there, I'll sell the vast majority of my coins.

Patience will reward you. I know you're somewhat new here. Have you looked at Risto's SSS plan thread? You really should read it.

https://bitcointalksearch.org/topic/sss-a-sane-and-simple-bitcoin-savings-plan-345065

BitchicksHusband

sr. member

Activity: 378

Merit: 255

Quote from: BittBurger on May 24, 2014, 08:36:48 PM

Quote from: kibblesnbits on May 24, 2014, 08:13:38 PM

There's no way it's five digits unless there's a decimal in between there somewhere.
I'll predict we don't break $1,000 this year, any takers?

I am super bullish on Bitcoin long term, but I agree that $1,000 is feeling a lot more iffy than it was in January.

-B-

We'll hit $1000 in July.

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: elianite on May 25, 2014, 05:46:15 AM

Quote from: zimmah on May 25, 2014, 04:12:49 AM

Quote from: kibblesnbits on May 24, 2014, 09:53:42 PM

Quote from: adamstgBit on May 24, 2014, 08:18:02 PM

Quote from: kibblesnbits on May 24, 2014, 08:13:38 PM

There's no way it's five digits unless there's a decimal in between there somewhere.
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC. The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC. Deal?

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

i agree to this terms, we'd need to find a reliable escrow though i think.

https://bitcointalksearch.org/user/psychoticboy-54752 maybe?

painlord2k

sr. member

Activity: 453

Merit: 254

http://bitbet.us/

http://bitbet.us/bet/635/1btc-10-000-usd/

or write a claim for your bet.

Wolf Rainer

legendary

Activity: 1960

Merit: 1022

I bet ANYONE 10 BTC, bitcoin will break the $1000 again THIS YEAR.

elianite

legendary

Activity: 1401

Merit: 1143

The Cryptonumist

Quote from: zimmah on May 25, 2014, 04:12:49 AM

Quote from: kibblesnbits on May 24, 2014, 09:53:42 PM

Quote from: adamstgBit on May 24, 2014, 08:18:02 PM

Quote from: kibblesnbits on May 24, 2014, 08:13:38 PM

There's no way it's five digits unless there's a decimal in between there somewhere.
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC. The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC. Deal?

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

tescomatty

full member

Activity: 143

Merit: 100

Quote from: lyth0s on May 24, 2014, 11:22:26 PM

Quote from: pinksheep on May 24, 2014, 07:32:21 PM

Quote from: zimmah on May 24, 2014, 07:25:33 PM

The only way we are still at 5 digits at the end of the year is if we go into a double run (which happened in 2011 IIRC) and only dip back once by the end of the year. In that case we could even see prices close to 40k during fall. Although the chances of that happening are probably below 1%

If we reach $40K, I'm out

And I do think $10K is possible this year.

$40,000 a coin means bitcoin is clearly doing something right. If anything that should be more incentive to stay IN, and like another forum member has stated, just rebalance your portfolio or take a percentage rake (look up SSS Simple and Sane Savings plan for Bitcoin).

Depends on timeline, if $40,000 is reached quicly, like in one year, selling makes sence. Hopefully it will take at least 5 years of developments to get there, not just quick bubble speculation

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: kibblesnbits on May 24, 2014, 09:53:42 PM

Quote from: adamstgBit on May 24, 2014, 08:18:02 PM

Quote from: kibblesnbits on May 24, 2014, 08:13:38 PM

There's no way it's five digits unless there's a decimal in between there somewhere.
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC. The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC. Deal?

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

elianite

legendary

Activity: 1401

Merit: 1143

The Cryptonumist

Quote from: kibblesnbits on May 24, 2014, 09:53:42 PM

Quote from: adamstgBit on May 24, 2014, 08:18:02 PM

Quote from: kibblesnbits on May 24, 2014, 08:13:38 PM

There's no way it's five digits unless there's a decimal in between there somewhere.
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC. The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC. Deal?

Can i get in on this? Not betting quite 2btc, but i could throw in some against kibble

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: Marbit on May 24, 2014, 11:43:40 PM

Quote from: ranlo on May 24, 2014, 11:40:16 PM

Quote from: harlenadler on May 24, 2014, 11:34:23 PM

I think we are definitely going to maintain bitcoin's long term history of..... UP......but I think 5 figures is pretty optimistic, just thinking about the last bubble and the way it fizzled out after only what, less than 5x the previous ATH? I wonder if the next bubble will be bigger than that....

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

Im not even convinced of this rally yet. But, if it does test the ATH, I tend to agree with you here. There is a lot more money at stake now than in the early 2013 bubble or the 2011 bubble. But also, if we dont break the ATH in the next year and dont keep up pace with the 2013 bubbles, what effect do you think that will have on people that are currently bullish in the market?

I have the feeling we're going to push towards the ATH, if for no other reason than people manipulating the market to make it happen just to show that Bitcoin is "healthy." I think if we didn't hit the ATH in the next year (or, really, much less than that) it may cause the value to stop dropping because it's going to be a sign that the Bitcoin bubble, as a whole, has burst.

Marbit

hero member

Activity: 686

Merit: 500

Quote from: ranlo on May 24, 2014, 11:40:16 PM

Quote from: harlenadler on May 24, 2014, 11:34:23 PM

I think we are definitely going to maintain bitcoin's long term history of..... UP......but I think 5 figures is pretty optimistic, just thinking about the last bubble and the way it fizzled out after only what, less than 5x the previous ATH? I wonder if the next bubble will be bigger than that....

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

Im not even convinced of this rally yet. But, if it does test the ATH, I tend to agree with you here. There is a lot more money at stake now than in the early 2013 bubble or the 2011 bubble. But also, if we dont break the ATH in the next year and dont keep up pace with the 2013 bubbles, what effect do you think that will have on people that are currently bullish in the market?

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: harlenadler on May 24, 2014, 11:34:23 PM

I think we are definitely going to maintain bitcoin's long term history of..... UP......but I think 5 figures is pretty optimistic, just thinking about the last bubble and the way it fizzled out after only what, less than 5x the previous ATH? I wonder if the next bubble will be bigger than that....

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

harlenadler

sr. member

Activity: 430

Merit: 250

Agent of Chaos

I think we are definitely going to maintain bitcoin's long term history of..... UP......but I think 5 figures is pretty optimistic, just thinking about the last bubble and the way it fizzled out after only what, less than 5x the previous ATH? I wonder if the next bubble will be bigger than that....

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Quote from: pinksheep on May 24, 2014, 07:32:21 PM

Quote from: zimmah on May 24, 2014, 07:25:33 PM

The only way we are still at 5 digits at the end of the year is if we go into a double run (which happened in 2011 IIRC) and only dip back once by the end of the year. In that case we could even see prices close to 40k during fall. Although the chances of that happening are probably below 1%

If we reach $40K, I'm out

And I do think $10K is possible this year.

$40,000 a coin means bitcoin is clearly doing something right. If anything that should be more incentive to stay IN, and like another forum member has stated, just rebalance your portfolio or take a percentage rake (look up SSS Simple and Sane Savings plan for Bitcoin).

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

Quote from: chessnut on May 24, 2014, 08:31:02 PM

Quote from: JimboToronto on May 24, 2014, 07:59:41 PM

This old chestnut again?

who is chestnut?

Not who, what.

http://en.wikipedia.org/wiki/Chestnut_%28joke%29

Quote

Chestnut is a British slang term for an old joke, often as old chestnut. The term is also used for a piece of music in the repertoire that has grown stale or hackneyed with too much repetition.

Old, stale, hackneyed.

Like the question of when bitcoins first reach $10,000.00.

ranlo

legendary

Activity: 1988

Merit: 1007

Quote from: kibblesnbits on May 24, 2014, 08:13:38 PM

There's no way it's five digits unless there's a decimal in between there somewhere.
I'll predict we don't break $1,000 this year, any takers?

I'm pretty certain that we'll reach our previous ATH. I'm thinking we might hit 1.5k. But 5 figures? That's a bit of a stretch at this point.

Topic: 5 digits before the end of the year. - page 3. (Read 8740 times)