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Topic: Bitcoin (BTC/USD) Price Prediction. $4000-$6500 by August/September 2014. - page 5. (Read 27695 times)

sr. member
Activity: 336
Merit: 260
There is a chance for $1k in 2014, but no higher this year.
hero member
Activity: 532
Merit: 500
Price will be 3-700 until mid/late 2015 where it will skyrocket to 50k.

This is my prediction, HODL.

No way it's not going above 700 for such a long time.
One of the ETFs will open for sure before long, and then the bubble will follow.


I agree.  I think ETFs have huge potential for increasing the price (although note that I say "potential").  But if everyone thinks that will be the case (I've seen others voice the same opinion), will the rally happen when an ETF launch is announced?  Or when the ETF actually launches?  Or both?
hero member
Activity: 490
Merit: 500
Price will be 3-700 until mid/late 2015 where it will skyrocket to 50k.

This is my prediction, HODL.

No way it's not going above 700 for such a long time.
One of the ETFs will open for sure before long, and then the bubble will follow.
legendary
Activity: 1722
Merit: 1000
Price will be 3-700 until mid/late 2015 where it will skyrocket to 50k.

This is my prediction, HODL.
hero member
Activity: 565
Merit: 501
S> Cheap SocialMedia Hype's
The fact us NOBODY KNOWS THE FUTURE PRICE.

But predictions are always possible, even with the fact that it may become less popular etc, it can all be calculated. But its just too random, so there are lots of scenarios.
full member
Activity: 140
Merit: 100
People on another tread votes mostly for august this year?

Is it gonna be this year or next?
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
Every now and then there is a price jumping.

Its same with BTC on 7-9 month base price jump then stabilize on certain % of former price. This happen before and it will happen again. Will it be in avg/sep that is another question but it will happen more like to be around okt/nov, my personal prediction on this.

For price reasonable is to be around 2-2.5K in USD again that is my opinion.

sr. member
Activity: 378
Merit: 255
I wouldn't be surprised if it's delayed once again till next year.

Isn't there a block halving scheduled for next spring?

That should be helpful.
Last time I checked, the block propagation rate (averaging a block for every 8ish minutes) coincides with the next block halving being sometime at the end of 2015 which is a while from now.

bitcoinclock.com has it as: Reward-Drop ETA: 2016-08-11.  Is that accurate?
Thanks for posting that.

I wasn't sure if he was asking for the current rate or the exponential rate. I was recalling the calculation that was done for a rate of exponential increase over the next year (that assumed 20nm/18nm ASIC geometric technologies being taped out). I remember it concluding that if rate increase was something like e^.08t it would coincide with the end of 2015/early 2016.

Yeah, it was originally supposed to be Jan 2017, so we've come a long way.
legendary
Activity: 896
Merit: 1000
I wouldn't be surprised if it's delayed once again till next year.

Isn't there a block halving scheduled for next spring?

That should be helpful.
Last time I checked, the block propagation rate (averaging a block for every 8ish minutes) coincides with the next block halving being sometime at the end of 2015 which is a while from now.

bitcoinclock.com has it as: Reward-Drop ETA: 2016-08-11.  Is that accurate?
Thanks for posting that.

I wasn't sure if he was asking for the current rate or the exponential rate. I was recalling the calculation that was done for a rate of exponential increase over the next year (that assumed 20nm/18nm ASIC geometric technologies being taped out). I remember it concluding that if rate increase was something like e^.08t it would coincide with the end of 2015/early 2016.
full member
Activity: 182
Merit: 100
Too much hard that price will reach 4000$ by August/September. You saying that market cap will increase by 10x from the actual, namely from 8 billion to 80 billion..

While I don't believe the price can go so high, I know that it wouldn't take 72 billion to go there. If we would get 20-30 million on each exchange today, price would go up like hell.


There has been analysis done twice on this site.  The answers were 15 and 60 multipliers, IIRC (I can't find the posts).  I.e., if  $1M is added to the market, the valuation of btc as a whole rises between $15M and $60M.

To put the market at a $80B valuation would require an additional $1.2-5B to be invested in btc, assuming their analysis was correct.  Definitely possible.
sr. member
Activity: 441
Merit: 250
You saying that market cap will increase by 10x from the actual,

That is because the term "market cap" is pretty useless when applied to Bitcoin. That is in no way reflective of how many coins are for sale.
legendary
Activity: 1064
Merit: 1001
Too much hard that price will reach 4000$ by August/September. You saying that market cap will increase by 10x from the actual, namely from 8 billion to 80 billion..

While I don't believe the price can go so high, I know that it wouldn't take 72 billion to go there. If we would get 20-30 million on each exchange today, price would go up like hell.
legendary
Activity: 1624
Merit: 1196
Reputation first.
Too much hard that price will reach 4000$ by August/September. You saying that market cap will increase by 10x from the actual, namely from 8 billion to 80 billion..
legendary
Activity: 1596
Merit: 1000
The fact us NOBODY KNOWS THE FUTURE PRICE.
sr. member
Activity: 378
Merit: 255
I wouldn't be surprised if it's delayed once again till next year.

Isn't there a block halving scheduled for next spring?

That should be helpful.
Last time I checked, the block propagation rate (averaging a block for every 8ish minutes) coincides with the next block halving being sometime at the end of 2015 which is a while from now.

bitcoinclock.com has it as: Reward-Drop ETA: 2016-08-11.  Is that accurate?
legendary
Activity: 896
Merit: 1000
I wouldn't be surprised if it's delayed once again till next year.

Isn't there a block halving scheduled for next spring?

That should be helpful.
Last time I checked, the block propagation rate (averaging a block for every 8ish minutes) coincides with the next block halving being sometime at the end of 2015 which is a while from now.
sr. member
Activity: 441
Merit: 250
I wouldn't be surprised if it's delayed once again till next year.

Isn't there a block halving scheduled for next spring?

That should be helpful.
full member
Activity: 862
Merit: 100
I don't see it happening. Where is all this money going to come from? Huh
It won't need much to move the market.

We do not need $80b to reach an $80b market cap just as we can crash the market price now with only a few thousand bitcoins.

The money will simply come from new comers and the same people who sold.
hero member
Activity: 938
Merit: 501
Absolutely no chance
Pass the weed you are smoking please Wink
legendary
Activity: 1722
Merit: 1000
10% reserve.... I thought it was down to 1.5/2%....
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