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Topic: Bitcoin price (Read 1435 times)

newbie
Activity: 17
Merit: 0
January 19, 2014, 09:58:47 PM
#38
1. Back to ~$1000/btc by Jan 15th.
2. Upwards of ~$5000/btc or more by end of 2014.

Bullish....I think 700$ is probably a pretty fair price at this point. Maybe another bubble could break to 5k mark but I honestly don't see that happening for a while. Too many growing pains right now.
Hit the $1k mark twice now and is about to run right over it again.  Wink
newbie
Activity: 5
Merit: 0
January 02, 2014, 02:17:34 PM
#37
And if, of course, the Chinese market will be able to buy bitcoins again somehow, and the Indian market opens up as well, then the prices will rice even quicker and probably higher.
newbie
Activity: 42
Merit: 0
January 02, 2014, 01:55:28 PM
#36
In my opinion bitcoin will cross $1200 soon in 2014. In fact majority of voters on your survey even think that bitcoin will cross $1200 in 2014. Currently little fall in prices is just a temporary one hence it will bounce back upwards within 1 or 2 months.
member
Activity: 92
Merit: 10
January 02, 2014, 12:12:10 PM
#35
What will happen, if some day Bitcoin price rises so high that for some payments even 1 Satoshi would be too large unit?

The devs will add one or more decimal places.
member
Activity: 98
Merit: 10
January 02, 2014, 11:16:24 AM
#34
I'd hoard them, if only i got some..
newbie
Activity: 18
Merit: 0
January 02, 2014, 11:02:27 AM
#33
I think bitcoin goes to over 5000$ in this year
newbie
Activity: 5
Merit: 0
January 02, 2014, 10:42:52 AM
#32
I think it depends a lot on how many major retailers and other 'normal' companies would accept bitcoin in 2014. Overstock is planning to do so, but if other major retailers would also accept bitcoin and at the same time governments, central banks and other institutions won't undertake actions that would undermine bitcoin, then IMO the price can go sky high.

Overstock will use BitPay or anything similar -> Dump the coins immediatly @ market price to get fiat -> selling pressure will be high

True, but if a lot of businesses start accepting, then it could well be that automatically the price level would stabilize and lessening the need to immediately sell to get fiat.
But - and I'm thinking out loud here - isn't it the case that buyers wouldn't have the need anymore to sell their bitcoins to purchase things? In other words instead of the buyer getting fiat, it shifts to the retailers. And therefore the total effect wouldn't be as much selling pressure??

But yes, a lot of ifs... we will see what happens!
newbie
Activity: 45
Merit: 0
January 02, 2014, 09:34:05 AM
#31
What will happen, if some day Bitcoin price rises so high that for some payments even 1 Satoshi would be too large unit?
hero member
Activity: 515
Merit: 506
Screw It, Let's Do It
January 02, 2014, 09:23:54 AM
#30
I think it depends a lot on how many major retailers and other 'normal' companies would accept bitcoin in 2014. Overstock is planning to do so, but if other major retailers would also accept bitcoin and at the same time governments, central banks and other institutions won't undertake actions that would undermine bitcoin, then IMO the price can go sky high.

Overstock will use BitPay or anything similar -> Dump the coins immediatly @ market price to get fiat -> selling pressure will be high
newbie
Activity: 14
Merit: 0
January 02, 2014, 08:42:33 AM
#29
> 1000 & < 1200
newbie
Activity: 5
Merit: 0
January 02, 2014, 08:28:10 AM
#28
I think it depends a lot on how many major retailers and other 'normal' companies would accept bitcoin in 2014. Overstock is planning to do so, but if other major retailers would also accept bitcoin and at the same time governments, central banks and other institutions won't undertake actions that would undermine bitcoin, then IMO the price can go sky high.
newbie
Activity: 2
Merit: 0
January 02, 2014, 08:19:30 AM
#27
Its going to change all the time..

just how it is
newbie
Activity: 14
Merit: 0
January 02, 2014, 08:18:16 AM
#26
I think value of BTC will go up , who knows by how much, but it will definetly be more than 1200$.
hero member
Activity: 756
Merit: 500
January 02, 2014, 08:10:04 AM
#25
hello happy new year and BTC price will be at 0

Lol. Why do you say this or are you just trolling?
sr. member
Activity: 518
Merit: 250
January 02, 2014, 08:05:40 AM
#24
hello happy new year and BTC price will be at 0
newbie
Activity: 1
Merit: 0
January 02, 2014, 05:56:18 AM
#23
If you want to earn money with your current bitcoins, a price increase would be nice. If you want to gamble on earning money by trading bitcoins, a fluctuating value gives nice opportunities.

But if the bitcoin is to be used for what it was intended to be used, a more stable price currently is probably the most important challenge and anything between $1 and $100k would be ok.
newbie
Activity: 15
Merit: 0
January 02, 2014, 05:49:31 AM
#22
I think that it will go up to 1,500$ buy the end of the year and that it will stay at that for a long time. I'll probably sell my bitcoins when it hits 1,000$ just to be sure.
newbie
Activity: 17
Merit: 0
January 02, 2014, 05:42:18 AM
#21
Price will go up. But how much, no one knows.
Last year from $13 to $1k.
Maybe this year will go to $10k  Smiley
newbie
Activity: 6
Merit: 0
January 01, 2014, 04:05:38 PM
#20
If you have no hurry to sell it, I'd say hold it for as long as you possibly can. The price will only move up from here on.
newbie
Activity: 19
Merit: 0
January 01, 2014, 04:00:06 PM
#19
I'd keep them. There's been some bad news around it recently but I feel like the price would go back up
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