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Topic: Bitcoin still destined for $100,000? (Read 1307 times)

member
Activity: 86
Merit: 10
April 02, 2014, 08:11:57 PM
#22
hero member
Activity: 518
Merit: 500
April 02, 2014, 07:37:07 PM
#21
I'm not a 1200 bagholder actually Grin

are you "hodler" or "to-da-mooner!" ?  Grin



all in
legendary
Activity: 1202
Merit: 1015
April 02, 2014, 07:33:50 PM
#20
the more people are waiting for high price to come the less chances we are gonna get there. we need new people moving in with fresh capital. only then we have chance. to stimulate that all we need is another financial cock up and off we go. we need fear and uncertency in fiat realm for people to buy btc without any hesitation. though the wit up open minded persons that are upto date and follow trends in technology already researched bitcoin mostly, some invested a little. we might need a little bump for them to trigger off. i believe we are at least two pumps/busts away from society finally accepting it.
member
Activity: 86
Merit: 10
April 02, 2014, 07:29:06 PM
#19
I'm not a 1200 bagholder actually Grin

are you "hodler" or "to-da-mooner!" ?  Grin
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
April 02, 2014, 07:22:56 PM
#18
so are you all buying more now?

I'm personally trying to take advantage of arbitrage opportunities between different currency markets. So right now I'm trying to increase my fiat holdings with the aim of cashing out my investment while making some coin to hold moving forward.

Will probably all go tits up and I'll lose money haha.
legendary
Activity: 1148
Merit: 1001
April 02, 2014, 07:22:21 PM
#17
so are you all buying more now?

Yes.  Smiley  As much as I can afford to.

full member
Activity: 196
Merit: 100
April 02, 2014, 07:21:10 PM
#16
so are you all buying more now?
legendary
Activity: 1789
Merit: 1008
Keep it dense, yeah?
April 02, 2014, 07:20:21 PM
#15
In order for the price of BTC to rocket into new levels I think that it needs some kind of governmental backing, or rather none of this IRS BS that makes everything such a headache for folk. I guess if you're hodling then it isn't too much of an issue?
hero member
Activity: 518
Merit: 500
April 02, 2014, 07:17:50 PM
#14
1 million well in the future may not mean much. So I expect BTC to reach that.

+1
100 dollars today was not what it was 50 years ago.  As prices go high, who knows what might happen
legendary
Activity: 980
Merit: 1000
Need a campaign manager? PM me
April 02, 2014, 07:15:40 PM
#13
1 million well in the future may not mean much. So I expect BTC to reach that.
legendary
Activity: 3430
Merit: 3080
April 02, 2014, 07:13:06 PM
#12
$100,000 and more. Eventually (5-10 years hence), there will be no dollar price, as dollars/bretton woods fiats will no longer be viable money.

Real "top" question is, at what price do we hit that point? I would suspect the answer to be sometime after the total liquid monetary base of dollars is matched by the bitcoin monetary base in dollars. $100,000 price in 2017 would mean ~$16 trillion monetary base for bitcoin. Seems like a big mountain to climb, but I suspect that black markets and organised crime will get pushed into cryptocurrency more and more as time goes on.
hero member
Activity: 518
Merit: 500
April 02, 2014, 06:20:45 PM
#11
Well, 2016 the reward will halve to 12.5 (mining)
Coins would be more scarce.  If its still popular it might i guess
hero member
Activity: 504
Merit: 500
Moderator
April 02, 2014, 06:20:02 PM
#10
Forget $100,000... will never happen. Real question is, how long until bitcoin is trading under $10 again? It's completely hopeless.

It might take 4-5 months until we reach that. But if Wall Street should enter we might climb back to the double digit range. IF!
sr. member
Activity: 350
Merit: 253
April 02, 2014, 06:18:16 PM
#9
Forget $100,000... will never happen. Real question is, how long until bitcoin is trading under $10 again? It's completely hopeless.
hero member
Activity: 700
Merit: 500
April 02, 2014, 06:12:36 PM
#8
Yes 100k, cumulative value for all coins   Cry
Sorry I had to
sr. member
Activity: 462
Merit: 253
April 02, 2014, 06:05:35 PM
#7
Well, what do you all think? Has Bitcoin still a chance of hitting $100,000? If so, when will it happen? Smiley

When people will have understood its fundamentals, when they'll be ready to take their finance into their own hands and when they'll have understood that the economy should not be based on the whims of a short-term sighted government.
Also, Bitcoin will need to have proven itself as a legit investment that is not at the mercy of incompetent exchanges and way too powerful manipulators. The huge recent investments on its infrastructure and a few months should take care of that part.

When all theses conditions are met, a Bitcoin will be at $100,000 Smiley
full member
Activity: 196
Merit: 100
April 02, 2014, 06:04:10 PM
#6
I'm not a 1200 bagholder actually Grin
sr. member
Activity: 378
Merit: 255
April 02, 2014, 05:58:39 PM
#5
So, was that a yes or no?  What do you think the top is TeeBone?
sr. member
Activity: 502
Merit: 251
April 02, 2014, 05:54:28 PM
#4
Another 1200 bagholder sweatin' bullets. Popping up left and right in threads..
legendary
Activity: 924
Merit: 1001
April 02, 2014, 05:52:35 PM
#3
At this rate, YES
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