I want a stable rise to $1000. How much was that pizza again in bit coins?
Laszlo paid 10,000 BTC for two pizzas back in May 2010:
https://bitcointalksearch.org/topic/m.1195
Topic: Bitcoin price 'to hit $2000' by end of the year | ThecTelegraph | #bitcoinprice - page 2. (Read 6052 times)
July 15, 2014, 12:39:30 PM
Laszlo paid 10,000 BTC for two pizzas back in May 2010:
https://bitcointalksearch.org/topic/m.1195
July 15, 2014, 10:28:00 AM
2000$? That is too much ! Probably 1000-1300$ is the best price for the end of year, but 2000$ is too much because there aren't many news which justify this probably increasing.
July 15, 2014, 10:27:27 AM
MSM is the biggest contrarian indicator ever. If anything, such an article would suggest to me that Bitcoin is in for a bit of a correction.
July 15, 2014, 10:11:51 AM
I don't really get it. If we pass 1000 again, the price should go much migher than 2000. Once we surpass the ATH and a big milestone, gold price, news will hit the press and people will panic buy like crazy. But I really don't think we can pass 1000 that easy.
Bitcoin surpassing price of gold will be BIG in terms of press coverage and this will bring loads and loads of new buyers. However, once speculators do what they do, the crash will be also big.
Bitcoin surpassing price of gold will be BIG in terms of press coverage and this will bring loads and loads of new buyers. However, once speculators do what they do, the crash will be also big.
July 15, 2014, 10:04:20 AM
Last year it went from 200 to over 1000 in the last quarter off the year. Why couldn't we go from 600 to 2000 in the last quarter off this year? These investors probably know things we don't know about money coming in.
Because they aren't here right not, not really focusing on Bitcoin. July 15, 2014, 06:40:50 AM
Last year it went from 200 to over 1000 in the last quarter off the year. Why couldn't we go from 600 to 2000 in the last quarter off this year? These investors probably know things we don't know about money coming in.
I've changed my view on bitcoin and I do find it a good investment for a niche clientele. Those anarchistic, fiat-scared, goverment-hater people. Wall Street and other mainstream guys will only get on board when the stock crashes. And by then, it will be too late for them to buy a bitcoin. Or too expensive.
Anyway, there's also physical gold and silver on the market and people trust these more.
July 15, 2014, 06:00:41 AM
Last year it went from 200 to over 1000 in the last quarter off the year. Why couldn't we go from 600 to 2000 in the last quarter off this year? These investors probably know things we don't know about money coming in.
July 13, 2014, 12:30:55 AM
The dot.com bubble of the late 1990s was $7 trillion and the internet back then was largely an obscure thing to most people.
Then we also have gold which is a $2 trillion investment and a $4 trillion commodity. Even then gold has its' draw backs. If I am a wealthy person in Iraq or Syria and if I have to flee as a refugee, I can only physically carry so much gold on my possession ($1 million in gold = 25 kgs) and I risk my gold being seized by bandits or scrupulous border officials.
It's not a question of IF crypto currencies will be worth trillions but WHEN, and I think when is not decades but years.
Crypto currencies are still only $10 billion versus its' true realization that it'll be trillions someday. We are all technically early adopters.
Then we also have gold which is a $2 trillion investment and a $4 trillion commodity. Even then gold has its' draw backs. If I am a wealthy person in Iraq or Syria and if I have to flee as a refugee, I can only physically carry so much gold on my possession ($1 million in gold = 25 kgs) and I risk my gold being seized by bandits or scrupulous border officials.
It's not a question of IF crypto currencies will be worth trillions but WHEN, and I think when is not decades but years.
Crypto currencies are still only $10 billion versus its' true realization that it'll be trillions someday. We are all technically early adopters.
July 12, 2014, 08:06:30 PM
And another bubble prediction. In the end of the last year people was saying this year in April or May we will hit 1.000 again, and we are now in July so?
July 12, 2014, 07:51:55 PM
Sorry, but this is so far fetched ... So this guy has the guts to predict a 200-250 per cent increase in the value of BTC. 'cmon, guys - how can he be serious about such a call. These guys are as big of a damage to the reputation of BTC as the ones trying to discredit it.
people thought it hitting 1000 last year (500% gain) was far fetched too. they were laughed at, ridiculed, and then scorned when they were right and got rich when everyone else had already sold.
July 12, 2014, 05:23:04 PM
You people need to relax.
In the long run, owning a few Bitcoins ought to be enough to let you retire. The ride is a long one though. Short term speculators are in for a world of hurt, IMO.
In the long run, owning a few Bitcoins ought to be enough to let you retire. The ride is a long one though. Short term speculators are in for a world of hurt, IMO.
Watch out. The system has enslaved us to the extent that people no longer even know the meaning of that word -- retired.
At least one area of the world where people live the longest, they do not have a word that means retired.
July 12, 2014, 12:54:41 PM
You people need to relax.
In the long run, owning a few Bitcoins ought to be enough to let you retire. The ride is a long one though. Short term speculators are in for a world of hurt, IMO.
In the long run, owning a few Bitcoins ought to be enough to let you retire. The ride is a long one though. Short term speculators are in for a world of hurt, IMO.
Watch out. The system has enslaved us to the extent that people no longer even know the meaning of that word -- retired.
July 12, 2014, 12:15:51 PM
You people need to relax.
In the long run, owning a few Bitcoins ought to be enough to let you retire. The ride is a long one though. Short term speculators are in for a world of hurt, IMO.
In the long run, owning a few Bitcoins ought to be enough to let you retire. The ride is a long one though. Short term speculators are in for a world of hurt, IMO.
July 12, 2014, 08:27:25 AM
Sorry, but this is so far fetched ... So this guy has the guts to predict a 200-250 per cent increase in the value of BTC. 'cmon, guys - how can he be serious about such a call. These guys are as big of a damage to the reputation of BTC as the ones trying to discredit it.
lol why? why is a 250% increase more far fetched than last years 550%? or the prior years nearly 1000% seems pretty conservative considering a bitcoin hedge fund is launching in like 3 weeks.
What bitcoin hedge fund you talking about?
http://www.coindesk.com/first-regulated-bitcoin-investment-fund-launch-island-jersey/
July 12, 2014, 08:25:14 AM
Sorry, but this is so far fetched ... So this guy has the guts to predict a 200-250 per cent increase in the value of BTC. 'cmon, guys - how can he be serious about such a call. These guys are as big of a damage to the reputation of BTC as the ones trying to discredit it.
lol why? why is a 250% increase more far fetched than last years 550%? or the prior years nearly 1000% seems pretty conservative considering a bitcoin hedge fund is launching in like 3 weeks.
What bitcoin hedge fund you talking about?
July 12, 2014, 08:16:45 AM
What some short sighted speculators fail to understand is that we are looking at a possible paradigm-shift, the dawn of the first truly global currency! If Bitcoin performs to its potential I fully agree with the predictions of at least 100 k for 1 btc in 2-3 years, the growth could become explosive.
I would not be surprised if the price was 10 k by christmas.
I would not be surprised if the price was 10 k by christmas.
July 12, 2014, 07:35:34 AM
Sorry, but this is so far fetched ... So this guy has the guts to predict a 200-250 per cent increase in the value of BTC. 'cmon, guys - how can he be serious about such a call. These guys are as big of a damage to the reputation of BTC as the ones trying to discredit it.
lol why? why is a 250% increase more far fetched than last years 550%? or the prior years nearly 1000% seems pretty conservative considering a bitcoin hedge fund is launching in like 3 weeks.
July 11, 2014, 08:04:22 PM
the whole $1200~$1100 last year was completely unexpected.......
In the BTC market anything is possible....I expext 10K with in 2 years from now, and 100K within 3~4 years from now however.
In the BTC market anything is possible....I expext 10K with in 2 years from now, and 100K within 3~4 years from now however.
July 11, 2014, 04:56:49 PM
That price sounds some realistic but stills being a little fantasy to me, i believe on Bitcoin prices rising but not that much, maybe $1000 dollars would
be just fine at years end, and six months later those $2ks will indeed be true...
be just fine at years end, and six months later those $2ks will indeed be true...
July 11, 2014, 01:42:59 PM
This has been my Bitcoin Price prediction for 2014 since the beginning of the year and I'm still sticking with it.
http://prisonorfreedom.com/currency-analysis-7-bitcoin-price-prediction-for-2014/
Enjoy!
Tai Zen
http://prisonorfreedom.com/currency-analysis-7-bitcoin-price-prediction-for-2014/
Enjoy!
Tai Zen
it's completely wrong though
I think he's just off by a few months, but otherwise correct. For whatever reason he omitted the amount of time that has normally been passing between each price spike top. Got a little excited maybe.
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