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Topic: Bitcoin price in 2014 (Estimate) (Read 2862 times)

legendary
Activity: 1330
Merit: 1000
dafar consulting
September 30, 2014, 02:22:45 PM
#21
Expecting another huge jump is almost too predictable. I feel like bitcoin has always been unpredictable/

I have a feeling we could see a slow year just like 2012, or even a first time negative trend the whole year (with increased FUD, bad news and more resistance form banks/govs). This could be the year that is unexpected, where more and more people lose confidence and start falling off the train, and only the true believers or delusional hopefuls continue to hold on. But once most people realize bitcoin brings financial control in the hands of individual, it will skyrocket. Most people again will miss the train again.

This was a good prediction, made at the time and not revised...



Thanks, and I agree... I've made several good predictions around here actually but no one listens  Wink



I am bitcoin god
full member
Activity: 215
Merit: 100
September 30, 2014, 10:10:51 AM
#20
Expecting another huge jump is almost too predictable. I feel like bitcoin has always been unpredictable/

I have a feeling we could see a slow year just like 2012, or even a first time negative trend the whole year (with increased FUD, bad news and more resistance form banks/govs). This could be the year that is unexpected, where more and more people lose confidence and start falling off the train, and only the true believers or delusional hopefuls continue to hold on. But once most people realize bitcoin brings financial control in the hands of individual, it will skyrocket. Most people again will miss the train again.

This was a good prediction, made at the time and not revised...
sr. member
Activity: 454
Merit: 250
Technology and Women. Amazing.
December 18, 2013, 05:28:49 AM
#19
as much as i'd love to think about a $3k+ BTC this time next year, i don't think it'll happen. china embracing BTC a monthish ago was a huge catalyst for BTC market growth. something of this magnitude needs to spark a chain reaction of adoption in order for a 30x + increase in value to happen again. BTC is attractive because it comes off as being a low cost, GLOBAL payment network. excluding China from a GLOBAL payments system is bad news. when it comes to trading, especially in exports, China is a key player. without China, Bitcoin's "global" payment network seems weaker to the layman. and unfortunately, the layman's perspective is the one that matters when it comes to investing in the marketspace of innovation.
full member
Activity: 238
Merit: 100
December 18, 2013, 04:14:48 AM
#18
$40-$100
legendary
Activity: 2772
Merit: 1028
Duelbits.com
December 18, 2013, 04:14:39 AM
#17
2-3k easily.

I can't believe how some people are shortsighted and can't see that stage is set for big players to enter. New investment funds keep coming in, angel investors sending millions to Bitcoin companies, we're few weeks/months from Bitcoin entering Wall Street etc, etc..
sr. member
Activity: 308
Merit: 251
Giga
December 18, 2013, 04:14:35 AM
#16
Jan 2014 $500-$600
Nov 2014 $2000+
sr. member
Activity: 308
Merit: 250
December 18, 2013, 04:13:42 AM
#15
price range in 2014 would be 300-3k

This seems most plausible, except if some new way of Bubble forms...
legendary
Activity: 1176
Merit: 1010
Borsche
December 18, 2013, 04:12:25 AM
#14
price range in 2014 would be 300-3k
full member
Activity: 238
Merit: 100
December 18, 2013, 03:01:22 AM
#13
1 birron dollars
newbie
Activity: 32
Merit: 0
December 18, 2013, 02:59:29 AM
#12
If in fact your prediction is correct it sounds like something that could be by design allowing Gov's and whales to buy and hoard it all.
Excuse my ignorance with this question but wouldn't that much coin in the hands of ppl like that be able to greatly control it? ...and if they can control it then this makes it the same as fiat, is this correct?

Am I alone in thinking that hoarding can have little to no effect on the potential of Bitcoin? Yeah, it might have an affect on the trade value of Bitcoin, but again, the purpose of Bitcoin is not to be some kind of valued commodity. With one bitcoin, we have one hunderd million uBTC. If all the governments in the world hoarded 98% of all the bitcoins available, there would still be PLENTY for the people to use. The power Bitcoin gives to the people can not be taken away.

All this speculation is fun and the thought of making a pretty penny is great...but let's not lose focus on the true potential of Bitcoin.
sr. member
Activity: 253
Merit: 1413
DTCxNMC
December 18, 2013, 02:44:09 AM
#11
If in fact your prediction is correct it sounds like something that could be by design allowing Gov's and whales to buy and hoard it all.
Excuse my ignorance with this question but wouldn't that much coin in the hands of ppl like that be able to greatly control it? ...and if they can control it then this makes it the same as fiat, is this correct?

They CAN'T control it.  All they can do is hoard it.  I mean, if it's going to replace fiat the govt needs to deal in some kind of currency, right?  And if they buy, the price will shoot up, and then their balls will be in our hands.
member
Activity: 70
Merit: 11
December 18, 2013, 01:52:09 AM
#10
Expecting another huge jump is almost too predictable. I feel like bitcoin has always been unpredictable/

I have a feeling we could see a slow year just like 2012, or even a first time negative trend the whole year (with increased FUD, bad news and more resistance form banks/govs). This could be the year that is unexpected, where more and more people lose confidence and start falling off the train, and only the true believers or delusional hopefuls continue to hold on. But once most people realize bitcoin brings financial control in the hands of individual, it will skyrocket. Most people again will miss the train again.

If in fact your prediction is correct it sounds like something that could be by design allowing Gov's and whales to buy and hoard it all.
Excuse my ignorance with this question but wouldn't that much coin in the hands of ppl like that be able to greatly control it? ...and if they can control it then this makes it the same as fiat, is this correct?
newbie
Activity: 32
Merit: 0
December 18, 2013, 01:46:51 AM
#9
Oversupply of new and better coins will cause bitcoin to be $175 at end of year.

"Better coins"?  A bitcoin is a bitcoin regardless of how it's mind or equipment used, right?

I think he means better alt-coins.
member
Activity: 70
Merit: 11
December 18, 2013, 01:42:12 AM
#8
Oversupply of new and better coins will cause bitcoin to be $175 at end of year.

"Better coins"?  A bitcoin is a bitcoin regardless of how it's mind or equipment used, right?
legendary
Activity: 1330
Merit: 1000
dafar consulting
December 18, 2013, 01:35:09 AM
#7
Expecting another huge jump is almost too predictable. I feel like bitcoin has always been unpredictable/

I have a feeling we could see a slow year just like 2012, or even a first time negative trend the whole year (with increased FUD, bad news and more resistance form banks/govs). This could be the year that is unexpected, where more and more people lose confidence and start falling off the train, and only the true believers or delusional hopefuls continue to hold on. But once most people realize bitcoin brings financial control in the hands of individual, it will skyrocket. Most people again will miss the train again.
newbie
Activity: 5
Merit: 0
December 18, 2013, 12:50:04 AM
#6
$3000 at the end of next year, but anything could happen
hero member
Activity: 717
Merit: 501
December 18, 2013, 12:34:01 AM
#5
Oversupply of new and better coins will cause bitcoin to be $175 at end of year.
legendary
Activity: 1316
Merit: 1000
December 18, 2013, 12:15:30 AM
#4

$10k next year
newbie
Activity: 12
Merit: 0
December 18, 2013, 12:13:44 AM
#3
420
legendary
Activity: 2912
Merit: 1060
December 18, 2013, 12:00:16 AM
#2
42k
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