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Topic: Bitcoin price prediction for 2014 (Read 3507 times)

sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
April 11, 2017, 08:45:54 PM
#32
Lol looks like time is repeating itself. "Even 2500 is possible" We will make history again. Big crash or lots of cash
The thread itself has reborn, so the cycle of ups and downs will continue and based on the support from governments and other investors the price will reach high or low in the future.
sr. member
Activity: 392
Merit: 250
April 11, 2017, 03:39:51 PM
#31
Lol looks like time is repeating itself. "Even 2500 is possible" We will make history again. Big crash or lots of cash
full member
Activity: 151
Merit: 100
April 24, 2014, 08:10:32 AM
#29
$3000 seems pretty possible.
hero member
Activity: 574
Merit: 500
Richard Coleman - Chief Executive @ CloudThink.IO
April 24, 2014, 07:51:20 AM
#28
I think if there comes good news out, the price can go very much upwards. Otherwise, it will stabilize a little bit i think. Lets hope for the first.
newbie
Activity: 38
Merit: 0
April 24, 2014, 07:49:03 AM
#27
Bitcoin growth should continue to be exponential as only early adopters have bitcoin. As in most innovative products, when bitcoin reaches the public the growth will continue to be exponential. We are only in the beginning of the take off. Much research was done about innovative products and bitcoin is definently one of them.
sr. member
Activity: 350
Merit: 250
April 24, 2014, 04:50:24 AM
#26
 In 2014, Bitcoin will continue increasing in popularity and value, Amazon or another major retailer will announce acceptance of the virtual currency.
lv0
newbie
Activity: 12
Merit: 0
April 17, 2014, 12:18:45 AM
#25
Will be lots of chances for making profit until the end of this year on the way up to $4k+, just gotta time it right... oh god I love panic sellers, giving me free $$$ and bitcoin... talk about a win-win  Grin Grin Grin Grin Wink Wink
newbie
Activity: 36
Merit: 0
April 16, 2014, 04:05:16 PM
#24
The thought of getting to a face-value in the same club of Disney, McDonalds, Amazon is pretty damned exciting.

One guy who built a class photo album online didn't expect a 150 billion valuation too Smiley I think bitcoin-the-idea is incomparable to the businesses you mentioned, it is much greater. What is the current valuation of internet? Is it even possible to value in terms of dollars? So what would be the value of a new world-wide financial system? No idea, but I guess there is a singularity in that graph at some point. Before we reach that, though, I fully expect bitcoin-the-rollercoaster to be an opposite of boring, as it was so far Smiley

Fully agreed.

Bitcoin represents a major paradigm shift in so many different fields and I'll continue to think it's wicked cool regardless of what happens to it.

It brings back that feeling I had back in the early 2000s playing an online multiplayer game for the first time and thinking "This is so f****** cool!", and then seeing internet gaming become a normal part of the average household in a decade.
newbie
Activity: 36
Merit: 0
April 16, 2014, 03:48:01 PM
#23
Look.  Bitcoin has gone up at least 10× every year (100× last year). 

And since it still seems early in its logarithmic adoption curve, the onus is on the newbs to explain why it WON'T go another 10× this year.

There are plenty of unpredictable nightmare situations that could conceivably happen and although I don't think any one of them would have the ability to "kill" bitcoin, they would assuredly throw a wrench in the trend machine.

I'm optimistic too, but it's folly to think this trend (or most trends for that matter) will go on with absolute certainty; hope for the best, prepare for the worst right?

legendary
Activity: 1176
Merit: 1010
Borsche
April 16, 2014, 03:42:55 PM
#22
The thought of getting to a face-value in the same club of Disney, McDonalds, Amazon is pretty damned exciting.

One guy who built a class photo album online didn't expect a 150 billion valuation too Smiley I think bitcoin-the-idea is incomparable to the businesses you mentioned, it is much greater. What is the current valuation of internet? Is it even possible to value in terms of dollars? So what would be the value of a new world-wide financial system? No idea, but I guess there is a singularity in that graph at some point. Before we reach that, though, I fully expect bitcoin-the-rollercoaster to be an opposite of boring, as it was so far Smiley
newbie
Activity: 36
Merit: 0
April 16, 2014, 03:35:18 PM
#21
1300 is the most funny one, you have to not understand markets completely to consider such a high is possible at all. Once the ATH is broken, it's going to multiply in no time. News are just a vehicle for bitcoin price movements, nothing more.

So yeah, OP has quite a legit price range prediction. 4-7k by end of summer, then retraction to 2500.

Those price predictions you quote would imply a market cap of 50-100 billion if i'm not mistaken. Do you think we'll actually get to that point this year? Not trying to troll or be bearish; I'm genuinely curious about what you think would pump the market up to that point. The fabled wall street money due to hit early summer? Something else?

you must understand that a market cap of 100 billion does not mean somebody spent 100 billion on buying coins; it's more like 2-3 billion of actual money. thats the way it works with any commodity. so yes, I do believe there are several billion curious dollars waiting on the sidelines now. for what? no idea, I'm not a billionaire. a publicly tradeable fund, a safe and reliable storage method, maybe a personal money manager suggesting to diversify into bitcoin, whatever. It will happen when it becomes obvious that bitcoin is not going to die now.

Yeah that all makes sense and by no means am I disagreeing with you, I just have trouble sifting for answers that aren't biased by my bull gut.

I know MC only represents the total value of all existing "shares" or units of a commodity or stock at the market price, but it's still staggering to think that a 100 billion could be achieved after hovering around 5-10 for so long.The thought of getting to a face-value in the same club of Disney, McDonalds, Amazon is pretty damned exciting.
sr. member
Activity: 378
Merit: 255
April 16, 2014, 03:31:26 PM
#20
Look.  Bitcoin has gone up at least 10× every year (100× last year). 

And since it still seems early in its logarithmic adoption curve, the onus is on the newbs to explain why it WON'T go another 10× this year.
full member
Activity: 238
Merit: 100
Stand on the shoulders of giants
April 16, 2014, 03:19:54 PM
#19
1300 is the most funny one, you have to not understand markets completely to consider such a high is possible at all. Once the ATH is broken, it's going to multiply in no time. News are just a vehicle for bitcoin price movements, nothing more.

So yeah, OP has quite a legit price range prediction. 4-7k by end of summer, then retraction to 2500.

Those price predictions you quote would imply a market cap of 50-100 billion if i'm not mistaken. Do you think we'll actually get to that point this year? Not trying to troll or be bearish; I'm genuinely curious about what you think would pump the market up to that point. The fabled wall street money due to hit early summer? Something else?

you must understand that a market cap of 100 billion does not mean somebody spent 100 billion on buying coins; it's more like 2-3 billion of actual money. thats the way it works with any commodity. so yes, I do believe there are several billion curious dollars waiting on the sidelines now. for what? no idea, I'm not a billionaire. a publicly tradeable fund, a safe and reliable storage method, maybe a personal money manager suggesting to diversify into bitcoin, whatever. It will happen when it becomes obvious that bitcoin is not going to die now, because when one direction is ruled out, only one remains - a path to profit Smiley

Sorry for the inconvenience on this post ... I am now doing a king of academic task to high light ideas on textbooks ... Cheesy
legendary
Activity: 1176
Merit: 1010
Borsche
April 16, 2014, 03:08:23 PM
#18
1300 is the most funny one, you have to not understand markets completely to consider such a high is possible at all. Once the ATH is broken, it's going to multiply in no time. News are just a vehicle for bitcoin price movements, nothing more.

So yeah, OP has quite a legit price range prediction. 4-7k by end of summer, then retraction to 2500.

Those price predictions you quote would imply a market cap of 50-100 billion if i'm not mistaken. Do you think we'll actually get to that point this year? Not trying to troll or be bearish; I'm genuinely curious about what you think would pump the market up to that point. The fabled wall street money due to hit early summer? Something else?

you must understand that a market cap of 100 billion does not mean somebody spent 100 billion on buying coins; it's more like 2-3 billion of actual money. thats the way it works with any commodity. so yes, I do believe there are several billion curious dollars waiting on the sidelines now. for what? no idea, I'm not a billionaire. a publicly tradeable fund, a safe and reliable storage method, maybe a personal money manager suggesting to diversify into bitcoin, whatever. It will happen when it becomes obvious that bitcoin is not going to die now, because when one direction is ruled out, only one remains - a path to profit Smiley
newbie
Activity: 36
Merit: 0
April 16, 2014, 03:03:13 PM
#17
1300 is the most funny one, you have to not understand markets completely to consider such a high is possible at all. Once the ATH is broken, it's going to multiply in no time. News are just a vehicle for bitcoin price movements, nothing more.

So yeah, OP has quite a legit price range prediction. 4-7k by end of summer, then retraction to 2500.

Those price predictions you quote would imply a market cap of 50-100 billion if i'm not mistaken. Do you think we'll actually get to that point this year? Not trying to troll or be bearish; I'm genuinely curious about what you think would pump the market up to that point. The fabled wall street money due to hit early summer? Something else?
hero member
Activity: 728
Merit: 500
April 16, 2014, 03:03:04 PM
#16
1300 is the most funny one, you have to not understand markets completely to consider such a high is possible at all. Once the ATH is broken, it's going to multiply in no time. News are just a vehicle for bitcoin price movements, nothing more.

So yeah, OP has quite a legit price range prediction. 4-7k by end of summer, then retraction to 2500.

The timeline I've really got no clue on, but I really like the range and retraction numbers you mentioned!
legendary
Activity: 1176
Merit: 1010
Borsche
April 16, 2014, 02:24:10 PM
#15
1300 is the most funny one, you have to not understand markets completely to consider such a high is possible at all. Once the ATH is broken, it's going to multiply in no time. News are just a vehicle for bitcoin price movements, nothing more.

So yeah, OP has quite a legit price range prediction. 4-7k by end of summer, then retraction to 2500.
newbie
Activity: 2
Merit: 0
April 16, 2014, 01:50:41 PM
#14
i dont think such a prediction can be accurate. good/bad news have to much impact
hero member
Activity: 588
Merit: 500
Will Bitcoin Rise Again to $60,000?
April 16, 2014, 01:39:42 PM
#13
I'm guessing 2800$ by january
sr. member
Activity: 390
Merit: 250
April 16, 2014, 09:17:51 AM
#12
or maybe between $100-200 also possible, all depends on the news and laws yet to come
legendary
Activity: 1960
Merit: 1022
April 16, 2014, 08:31:13 AM
#11
Somewhere between $1500 and $3000 seems possible.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
April 16, 2014, 03:39:42 AM
#10
you guys know yesterday price was $500 hope in end nov-dec it will be double 
legendary
Activity: 1148
Merit: 1001
April 15, 2014, 11:50:44 PM
#9
We need some really big names accepting the Bitcoins to take it past the 2K mark. (reaching the 1K mark doesn't need that, as we have previously seen). These big names can be Amazon, Ebay, Facebook or even Twitter. But right now, the chances of any such acceptance is near Zero. So in an optimistic scenario, I would expect the prices to be in the $1,200-1,500 range.

Second Market's Bitcoin ETF on wall street coming out in the fourth quarter isn't big enough?
legendary
Activity: 3766
Merit: 1217
April 15, 2014, 11:22:15 PM
#8
We need some really big names accepting the Bitcoins to take it past the 2K mark. (reaching the 1K mark doesn't need that, as we have previously seen). These big names can be Amazon, Ebay, Facebook or even Twitter. But right now, the chances of any such acceptance is near Zero. So in an optimistic scenario, I would expect the prices to be in the $1,200-1,500 range.
legendary
Activity: 1806
Merit: 1090
Learning the troll avoidance button :)
April 15, 2014, 11:10:12 PM
#7
Bitcoin is volatile so peak at 5,000 to 10,000 in 8 months if some interesting news comes out
Or just a modest climb back to 1200 and the rise is in next year
newbie
Activity: 3
Merit: 0
April 15, 2014, 11:05:09 PM
#6
Interesting prediction. However, I would be quite surprised if bitcoin price would reach $2500 level this year (given the current turmoil on bitcoin market).
newbie
Activity: 29
Merit: 0
April 15, 2014, 10:57:01 PM
#5
I hope that you're right Sad
legendary
Activity: 1148
Merit: 1001
April 15, 2014, 10:25:07 PM
#4
That actually looks about right.  Many people are predicting that we might see around $5000 on the next run.  Should be fun.  Smiley
sr. member
Activity: 266
Merit: 250
April 15, 2014, 07:33:34 PM
#3
You're such a (greedy) optimist! Cheesy Sorry, but highest Bitcoin (with no bad news on the horizon for the entire year) is $1,300.

Care to place a wager?
member
Activity: 94
Merit: 10
My name is Nikolay and am a webaholic.
April 15, 2014, 06:18:26 PM
#2
You're such a (greedy) optimist! Cheesy Sorry, but highest Bitcoin (with no bad news on the horizon for the entire year) is $1,300.
sr. member
Activity: 266
Merit: 257
Enthusiast
April 15, 2014, 05:53:39 PM
#1


This is an exploration of the possible future price of BTC with the assumption that historical price charts are an indication of future valuation of bitcoin.

Short version: Buy now for $500, sell in August for $2,500.

Longer version: http://bitcoinowl.com/bitcoin-price-prediction-2014
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