Topic: Bitcoin will be worth more than $10,000 by 2016 (Read 3925 times)
I think we'll see a BIG price rise after the reward halving if it's still alive by then. Bitcoin right now is has a very high rate of inflation and when it lessens it will do wonders for the value of it.
With the price dropping so low...SURELY it can never reach $10,000.
So you may want to bet against it. Some easy bitcoin to be made on a sure thing.
So you may want to bet against it. Some easy bitcoin to be made on a sure thing.
Please make this on bets of bitcoin. I will bet against this.
that comes as surprise, very out of character for you proudhon
To be honest it seems there is pretty good reason not to trust bets of bitcoin.
They declared a bet with hundreds of btc wagered as a draw when it was clear that BFL hadn't shipped any product. They claimed the bet terms were ambiguous, why was the bet accepted in the first place then?
They declared a bet with hundreds of btc wagered as a draw when it was clear that BFL hadn't shipped any product. They claimed the bet terms were ambiguous, why was the bet accepted in the first place then?
I have also lost out on a decent amount of bitcoins on another bet that was made a draw, and although I didn't agree with the way they handled things, I can understand why they did it. You have to remember that they lose out on a lot of profit on these bets when they call it a draw.
Yes it is possible that they themselves were on the other side of the bet, but I think it is much more likely that now and then a bet was less clear than they thought it was, and they make it a draw if they feel that is the correct thing to do. It's harder than you think to make things unambiguous.
So they still have my trust.
To be honest it seems there is pretty good reason not to trust bets of bitcoin.
They declared a bet with hundreds of btc wagered as a draw when it was clear that BFL hadn't shipped any product. They claimed the bet terms were ambiguous, why was the bet accepted in the first place then?
They declared a bet with hundreds of btc wagered as a draw when it was clear that BFL hadn't shipped any product. They claimed the bet terms were ambiguous, why was the bet accepted in the first place then?
I want to place a bet but given the track record of Bitcoin related sites I do not expect the bets of bitcoin site to still be around when the bet expires, so I can't participate.
Exactly that's my problem, too.
Nothing agains this site, but I have yet to find a Bitcoin Site that I would trust with my money for more than a ~6 Month time frame.
I want to place a bet but given the track record of Bitcoin related sites I do not expect the bets of bitcoin site to still be around when the bet expires, so I can't participate.
No matter what I thought of that wager, I'd never leave my coins on the site for 3 years. Especially not on the site that cheated everyone who bet against BFL shipping.
Care to elaborate, i missed what happened.
Scam accusation thread here: https://bitcointalksearch.org/topic/coinjedi-betsofbitcoin-scammers-declares-push-on-obvious-win-for-bfl-bet-165500
No matter what I thought of that wager, I'd never leave my coins on the site for 3 years. Especially not on the site that cheated everyone who bet against BFL shipping.
Care to elaborate, i missed what happened.
Please make this on bets of bitcoin. I will bet against this.
It is up on bets of bitcoin now.
Though they only accept bitcoins. Do you have any?
No way
prouhon still thinks we're hwaded to single digits... 
Are we talking accumulatively?
The bet, which is still awaiting approval, is:
1 Bitcoin will be worth at least $10,000 by 12/31/2016
Success of this bet will occur if 1 Bitcoin is valued at $10,000 or more on one of the largest exchanges of the time (based upon top 4 trading volumes/day).
The $10,000 is in Federal Reserve Notes (US dollars).
Are we talking accumulatively?
Please make this on bets of bitcoin. I will bet against this.
Bitcoin will be worth more than $10,000 by 2016.
If you do not believe this, put your worthless bitcoins where your mouth is at:
http://betsofbitco.in/item?id=1532
I am pretty sure that bet will result in a draw... https://bitcointalksearch.org/topic/coinjedi-betsofbitcoin-scammers-declares-push-on-obvious-win-for-bfl-bet-165500 If you do not believe this, put your worthless bitcoins where your mouth is at:
http://betsofbitco.in/item?id=1532
I do belive that Bitcoin will be worth more than that by 2016, but I don't see any point to bet for it. If it will come true I will make so much money just by buying Bitcoins and hoarding them. No reason whatsoever to risk any Bitcoins by giving on this site.
I thought these sort of thread died after last week? 
No matter what I thought of that wager, I'd never leave my coins on the site for 3 years. Especially not on the site that cheated everyone who bet against BFL shipping.
This!
Totally forgot the BFL BS.
No matter what I thought of that wager, I'd never leave my coins on the site for 3 years. Especially not on the site that cheated everyone who bet against BFL shipping.
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