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Topic: Bitcoin to $50k before Xmas (Read 6529 times)

legendary
Activity: 1400
Merit: 1001
September 21, 2015, 11:46:22 PM
What's up with these analysis recently? Has everyone lost their mind because of Greece?
How about we rather hope that the price is going to stabilize a bit above $300 before the end of the year. Bitcoin is not ready for a price of that magnitude.
The network would not be able to support the influx of users and the number of unconfirmed transactions would skyrocket quickly.
Greece is not thing of the past and all we can say about it is:

1.If greece was not in the eurozone and still was using drachma as their currency - crisis would be more beneficent to bitcoin.
2. Expecting that suddenly every greek would use or know about bitcoin just because theirs economy is crumbling is stupid.
3. Even if they turn to bitcoin, price of btc would not be pumped to the moon at all.

For now Bitcoin reaching $500 is a fantasy scenario and won't happen before 2016 for sure, and even then it will be hard to achieve.
full member
Activity: 224
Merit: 100
September 21, 2015, 10:21:48 PM


Might be possible as the value of it keeps changing overtime and I noticed it is changing very fast that sometimes I cant keep tracked of it. It is we'll say $40 by now and the next day it will change and be $100 so it is really possible for it to reach $50k before xmas it be really amazing.
legendary
Activity: 1204
Merit: 1002
September 17, 2015, 03:44:13 PM
Meanwhile, back in the real world:


Bitcoin for 2015. (7 day moving average to filter out noise)

$220-$290 all year.
hero member
Activity: 840
Merit: 1000
September 17, 2015, 01:24:54 PM
this seems too good to be true but deep inside me, i want it to happen Cheesy
how i wish that will happen this christmas , if that's so , i'll treat my family and neighbors Cheesy
legendary
Activity: 1568
Merit: 1001
September 17, 2015, 12:16:43 AM
Thanks for your insight, fontas aka lamb's crotch. Please, go help a charity where you can actually do some good for mankind instead of making a mockery of yourself. Cool!
hero member
Activity: 714
Merit: 500
September 16, 2015, 03:14:00 PM
This is not going to happen this Xmas but at next Christmas it is quite possible to go that higher what you predicted.There are so many prediction about Bitcoin and I thin they are not without reason.We will see that price sooner.
Don't think that, maybe we will see 300$ at the end of this year, 500-600$ the next year (or of course less).
We may see btc reach 1k$ or more when the majority of btc got mined and this will take a while

When? My Crystall balls said bitcoin never reach to 1k$

like people say, when it goes to 10 USD ... that it will never be to 100 USD.
but, we are in 200 USD and not less.

the thing is ... trusted money (can not be false money) ... in electronic world, it's unbelieved now.

like the 100 USD when it goes to 10 USD max.





we will win (always).
I do agree with you.Whoever dumped Bitcoin at 31 $ and it went back to 1$ for a period of time.That didn't even imagine Bitcoin will be in few month over 100$ and then later on it saw even 1500$.This is world of possibilities and anything can happen.We all know Bitcoin will go higher in future but don't know exact when.If tomorrow tons of fiat money will be poured in Bitcoin it will reach even before Xmas to 50k$.
legendary
Activity: 1512
Merit: 1012
September 16, 2015, 02:47:06 PM
This is not going to happen this Xmas but at next Christmas it is quite possible to go that higher what you predicted.There are so many prediction about Bitcoin and I thin they are not without reason.We will see that price sooner.
Don't think that, maybe we will see 300$ at the end of this year, 500-600$ the next year (or of course less).
We may see btc reach 1k$ or more when the majority of btc got mined and this will take a while

When? My Crystall balls said bitcoin never reach to 1k$

like people say, when it goes to 10 USD ... that it will never be to 100 USD.
but, we are in 200 USD and not less.

the thing is ... trusted money (can not be false money) ... in electronic world, it's unbelieved now.

like the 100 USD when it goes to 10 USD max.





we will win (always).
hero member
Activity: 714
Merit: 500
Me, myself and I
September 16, 2015, 11:44:29 AM
This is not going to happen this Xmas but at next Christmas it is quite possible to go that higher what you predicted.There are so many prediction about Bitcoin and I thin they are not without reason.We will see that price sooner.
Don't think that, maybe we will see 300$ at the end of this year, 500-600$ the next year (or of course less).
We may see btc reach 1k$ or more when the majority of btc got mined and this will take a while

When? My Crystall balls said bitcoin never reach to 1k$
I believe bitcoin will up but not in that price maybe $500
newbie
Activity: 9
Merit: 0
September 16, 2015, 10:28:04 AM
Wow that would be nice.
But if the prices were at around $5k at this time, then it would have been more realistic.
legendary
Activity: 3178
Merit: 1140
#SWGT CERTIK Audited
September 16, 2015, 09:13:05 AM
#99
This is not going to happen this Xmas but at next Christmas it is quite possible to go that higher what you predicted.There are so many prediction about Bitcoin and I thin they are not without reason.We will see that price sooner.
Don't think that, maybe we will see 300$ at the end of this year, 500-600$ the next year (or of course less).
We may see btc reach 1k$ or more when the majority of btc got mined and this will take a while
hero member
Activity: 728
Merit: 500
September 16, 2015, 07:35:59 AM
#98
This is not going to happen this Xmas but at next Christmas it is quite possible to go that higher what you predicted.There are so many prediction about Bitcoin and I thin they are not without reason.We will see that price sooner.
Q7
sr. member
Activity: 448
Merit: 250
September 16, 2015, 07:28:54 AM
#97
I don't know how you intrepret that graph and coming to conclusion without concrete technical analysis and with firm indicator, but for sure it won't be going to 50k. Plus with all the uncertainties surrounding the coin, it's a big no. We'll be lucky if it even breach 300 and stay there.
legendary
Activity: 1442
Merit: 1016
September 15, 2015, 12:52:19 PM
#96
I dont know why people still say bitcoin price will reach 10k,50k,100k without a reason. But if what you have said is coming true i will give you $100 worth in bitcoin
The reason is in 10 years the halving will shrink so much that we better are at about 5 figures a coin.
There are no intermediate scenarios. Either Bitcoin fails to scale and become mainstream, or it becomes mainstream and the price of a single coin can buy you a house. Period. None of this 1k per coins tops bullshit. 10k+ or death.

Second time I quote you today. Grin
And again I totally agree with you. Either Bitcoin takes off in future and one single coin will be worth 10k+ or this whole thing is going down and will fail.
legendary
Activity: 1204
Merit: 1028
September 15, 2015, 12:16:57 PM
#95
I dont know why people still say bitcoin price will reach 10k,50k,100k without a reason. But if what you have said is coming true i will give you $100 worth in bitcoin
The reason is in 10 years the halving will shrink so much that we better are at about 5 figures a coin.
There are no intermediate scenarios. Either Bitcoin fails to scale and become mainstream, or it becomes mainstream and the price of a single coin can buy you a house. Period. None of this 1k per coins tops bullshit. 10k+ or death.
sr. member
Activity: 350
Merit: 250
September 15, 2015, 09:42:19 AM
#94
Even the santa claus will leave giving gifts and will be buying btc then...... Grin

Dont you think $50k is too much... For a instance i could have expected it $1k but not $50k
staff
Activity: 3500
Merit: 6152
September 15, 2015, 09:39:58 AM
#93
It's always nice to make take a real chart , and add shit here and there using Paint .
Anyway let's be realistic nothing is going to happen not before Christmas and not after it because nothing will make supply less and nothing either will make the demand rise  , Bitcoin is just not ready to go mainsteam for the moment .
legendary
Activity: 1722
Merit: 1000
September 15, 2015, 09:37:14 AM
#92
I dont know why people still say bitcoin price will reach 10k,50k,100k without a reason. But if what you have said is coming true i will give you $100 worth in bitcoin

It becomes a trusted store of value... bam..$50k per btc EASY.. EASY $50k.

When the USD starts to fall apart things will get interesting.. probably terrible for any America as the pigs now have unlimited power and answer to no one.. they will come for you.. if not on the govs orders on their own greed as they have guns and you do not.
hero member
Activity: 988
Merit: 1000
September 15, 2015, 06:59:42 AM
#91
Lol this prediction is absurd. Maybe when the US releases $10,000 dollar bills as a result of inflation.
newbie
Activity: 21
Merit: 0
September 15, 2015, 05:08:03 AM
#90
Christmas is always a depressing time for me because it reminds me of how much bitcoin was worth at xmas 2013. I felt rich back then. Not so much now but I still hold out hope for the future.
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