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Topic: A Single Bitcoin will Worth $100K - Do You Believe it? - page 2. (Read 13621 times)

hero member
Activity: 504
Merit: 500
100K, can't say anything about this but
we will see price over $2000 mark this year
full member
Activity: 224
Merit: 100
VocalPlatform.com
So much talking about the price, why you don't just accept Bitcoin as a new innovative and amazing economy step for humanity ? 
full member
Activity: 176
Merit: 101
Cryptographic money will be the bedrock in time.
I don't think we will see it hit $100,000 although I would love to see it. I suspect that altcoins and upgrades to math based currencies will bleed away a lot of bitcoin's marketshare over time. I wouldn't be surprised to see it hit 20-30K though.
sr. member
Activity: 322
Merit: 250
Decentralize All The Things!
When did he make that prediction? 

Can't really laugh at people for making guesses though...And thats all it is, a guess on what will happen to the price!

You don't think a professor should be able to at least make a qualified guess on something in his area of expertise, a guess that is more than a total joke from day one?
legendary
Activity: 1106
Merit: 1005
it's funny when it comes from a professor who teaches economy though. And the fact that it was so obviously wrong even at the time he predicted it.

In fact most people would probably take him more seriously if he predicted $10 per millibitcoin.
hero member
Activity: 784
Merit: 1000
When did he make that prediction? 

Can't really laugh at people for making guesses though...And thats all it is, a guess on what will happen to the price!
hero member
Activity: 490
Merit: 500
the price of Bitcoin is exceeding 64 bitcorns on the last day of June..
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...


Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that.

I think he is officially wrong in half of the world now.
sr. member
Activity: 322
Merit: 250
Decentralize All The Things!
Well I doubt that it would be worth that much ever.  I mean everyone would start mining bit coins, if you could spend 7000 dollars and mine 1 bit coin over a month or something, it would easily be worth it.  Hell could retire quickly...

You are not thinking it through. Think harder.
legendary
Activity: 3892
Merit: 4331
the price of Bitcoin is exceeding 64 bitcorns on the last day of June..
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
hero member
Activity: 784
Merit: 1000
Well I doubt that it would be worth that much ever.  I mean everyone would start mining bit coins, if you could spend 7000 dollars and mine 1 bit coin over a month or something, it would easily be worth it.  Hell could retire quickly...
legendary
Activity: 2268
Merit: 1278
How could it possibly go to 100k when both US and China trying to discourage its usage?


China probably but the us? thats was a good joke, if US would like to discourage its usage, they had destroyed the bitcoins they got from SR not auctioning them, they would be proving by an example that bitcoin is not good.
Destroying them would just increase scarcity, thus driving price up. Sadly they were not so kind.
sr. member
Activity: 462
Merit: 250
How could it possibly go to 100k when both US and China trying to discourage its usage?


China probably but the us? thats was a good joke, if US would like to discourage its usage, they had destroyed the bitcoins they got from SR not auctioning them, they would be proving by an example that bitcoin is not good.
sr. member
Activity: 476
Merit: 250
if china and US can accept bitcoin as their secondary currency
we'll see that price
but since FuckingED can't print bitcoin, they won't do that
i'll believe $100k when i see $10k first and mass adoption of BTC happen
sr. member
Activity: 322
Merit: 250
Decentralize All The Things!
How could it possibly go to 100k when both US and China trying to discourage its usage?


Care to back that up with some documentation?
full member
Activity: 169
Merit: 100
How could it possibly go to 100k when both US and China trying to discourage its usage?
hero member
Activity: 588
Merit: 500
Get ready for PrimeDice Sig Campaign!
I am currently just holding my bitcoins, because in theory once the limit of the amount of bitcoins is reached, demand will indefinitely go up, increasing the price. Although I think that in the future bitcoin will need to stay at more or less a stable fixed price like CAD or USD. People don't want to randomly lose 25% of their entire bank account, and then have it go up later. Holding money shouldn't be gambling.
hero member
Activity: 728
Merit: 500
it is quite possible to reach 10k within 2 years, and later who knows, you cant realy predict further than that.
we still didnt experience the power of global marketing, and also we are still in the early phase where errors and corrections are fixed "on the fly", which needs to be given much more attention.

I still don't think that is possible, but I would absolutely love it if it did.  I don't even think experts can predict what will happen in 2 weeks let alone 2 years. 

Don't get me wrong though, if this happened I would be absolutely thrilled!

I've watched Bitcoin for a long time now and owned some for a bit less time, but long enough to know that the actual possibilities have already exceeded what I thought was possible a few times over.

I no longer have too many concrete expectations for it, but +$10k in less than two years would not be surprising to me.
legendary
Activity: 2268
Merit: 1278
Most of them lose money. Just as a lot of people lose their nerve on long time investing. But it is possible for some.
hero member
Activity: 784
Merit: 1000
I guess I don't think people can guess anything.  A lot of it has to due based on something they know the public doesn't know.  Which makes it not a guess.

Or they guess and get lucky.

I mean if all of these traders were as good as anyone thinks.  You should be able to almost double your money everyday.  After 1 month you should be able to retire a millionaire...

Just my thoughts
sr. member
Activity: 462
Merit: 250
it is quite possible to reach 10k within 2 years, and later who knows, you cant realy predict further than that.
we still didnt experience the power of global marketing, and also we are still in the early phase where errors and corrections are fixed "on the fly", which needs to be given much more attention.

I still don't think that is possible, but I would absolutely love it if it did.  I don't even think experts can predict what will happen in 2 weeks let alone 2 years.  

Don't get me wrong though, if this happened I would be absolutely thrilled!
Something I noticed is that most people either think in the short term or the long term. Successful daytraders are good at predicting what the price will be in an hour, tomorrow or in a week but most of them don't have a long term perspective. Others can clearly see the long term picture but have no idea what the price will be tomorrow. So it's not really a matter of one being easier than the other but of some people being specialized in different timeframes.

Triying to day trade bitcoin is gambling.. unless you know are in a clearly bullrun.. and sometimes not even in those possitions.
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