Bitcoin will either die or stabilize around 200-500 dollars

Bobbydiggital

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Quote from: speedtrader on December 19, 2013, 07:07:12 AM

I don't see the price above $1,500 anytime soon. The 200-500 dollars is way off imo Roll Eyes

Why not $1,500 anytime soon? i guess it depends of what soon means to you but i think we could see it back around 1.5k whithin 2 months, ofc its all speculation and yeah 200-500 is way off.

speedtrader

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I don't see the price above $1,500 anytime soon. The 200-500 dollars is way off imo Roll Eyes

Simakki

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Quote from: RejectKid on December 17, 2013, 03:00:15 PM

Quote from: thedarksun on December 07, 2013, 09:58:58 AM

I sold my bitcoins i had bought at 1000dollars, yes i lost nearly half of my investment, but better than losing it all.
Bitcoins will stabilize around lower than the 500 dollars which would be its true value and it most likely won't rise beyond that number.
I think the best would be to sell now and save whatever you can.

I almost would agree with this because generally (minus huge spikes up) BTC has been increasing linear so I bet it'll "stabalize" around $500 as well +- $50.

I surely disagree with you guys. I cannot understand how you possible can make any relevant predictions for future based on very short period and very volatile market. I hope you are just trolling, otherwise i suggest to read a couple of books of Finance and economics. Of course we cannot now about future prices, but more likely selling when you had lost half of your investment not gonna make you rich...

RejectKid

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Quote from: thedarksun on December 07, 2013, 09:58:58 AM

I sold my bitcoins i had bought at 1000dollars, yes i lost nearly half of my investment, but better than losing it all.
Bitcoins will stabilize around lower than the 500 dollars which would be its true value and it most likely won't rise beyond that number.
I think the best would be to sell now and save whatever you can.

I almost would agree with this because generally (minus huge spikes up) BTC has been increasing linear so I bet it'll "stabalize" around $500 as well +- $50.

murzik

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Quote from: Jcw188 on December 17, 2013, 10:04:18 AM

I think there's still a need for BTC particularly on the black market so I can't see it "dying" at least until something else comes along that accepted enough that it can replace BTC.

What about ~90 other altcoins? What makes BTC so special?

murzik

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Quote from: hoewer4what on December 07, 2013, 02:29:47 PM

I believe next week will be around $900. I dont see the price above $1,000 anytime soon. The 200-500 dollars is way off imo

Could you please explain why $200 is way off, $900 is right, and $1000 is too high?

dopey

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Wild speculations on a very early marketplace.

Steqheu

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I think that the true test of Bitcoin will be long term. Sure, we could debate about how much its value will fluctuate for the next couple of months, but what about 1 year? 2 years? Bitcoin has risen in value substantially since its introduction, and only world events and news will allow it to grow any more. That and the fact that it's getting ridiculously hard to mine. I think within 5-10 years we could see BtC trading at $10,000-$100,000 per coin.

thedarksun

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Quote from: Sheldor333 on December 17, 2013, 11:54:39 AM

Well it looks like you were just for a quick cash and once price fell you bailed. This is not played like that.

They didnt just fall, they fell to stay at that level.

lindeanin

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Quote from: pegedee on December 17, 2013, 10:48:21 AM

Investing in stocks needs patience and if you don't have any then don't bother in bitcoins.

Bitcoin is not a stock, you wont get dividents, you can only sell or spend your Bitcoin

Sheldor333

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Well it looks like you were just for a quick cash and once price fell you bailed. This is not played like that.

Korth

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Quote from: zengryT on December 17, 2013, 10:55:35 AM

I dont believe it is posible to have decentralized cryptocurrency without blockchain recording all transactions

True, but it might be feasible to incorporate coin-mixing as a default feature of the blockchain.

Onews1990

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I call stable price if it holds at least one month...
The stable call was too early

zengryT

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Quote from: Korth on December 17, 2013, 10:22:24 AM

and the traceability of the transactions can compromise its fungibility.

The first cryptocurrency that achieves those goals (purchasing power stability, cash-equivalent liquidity, and 100% anonymity) will surpass it and become the standard.

I dont believe it is posible to have decentralized cryptocurrency without blockchain recording all transactions

pegedee

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It's just stupid to think that bitcoin will stabilize around 200 to 500$. It's so easily affected currency that it can go as high as hell. I think we've all seen it when black markets were dropping down and the price went 10x for a moment. Investing in stocks needs patience and if you don't have any then don't bother in bitcoins.

Korth

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Bitcoin has already succeeded as proof of concept, but I don't think it's here to stay. Its deflationary nature will prevent it from ever becoming liquid enough as an asset, and the traceability of the transactions can compromise its fungibility.

The first cryptocurrency that achieves those goals (purchasing power stability, cash-equivalent liquidity, and 100% anonymity) will surpass it and become the standard.

young3dvard

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Quote from: iPaulito on December 17, 2013, 10:15:39 AM

BTC has wider and wider acceptance over the world. So only ban from all countries or major flaw in the system will stop BTC. If you are buying on the top of the 3rd bubble when you seen how the last 2 ended, that is a poor decision from your site. Do not blame BTC for that

The last 2 showed no matter when you bought it get back to the value you bought and even higher

iPaulito

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1EDwkxCjCMGGNQqZdxa8FwheMHXSoQe4TU

BTC has wider and wider acceptance over the world. So only ban from all countries or major flaw in the system will stop BTC. If you are buying on the top of the 3rd bubble when you seen how the last 2 ended, that is a poor decision from your site. Do not blame BTC for that

Jcw188

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Carpe Diem

I think there's still a need for BTC particularly on the black market so I can't see it "dying" at least until something else comes along that accepted enough that it can replace BTC.

icem3lter

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Quote from: Sauzer00 on December 17, 2013, 08:33:07 AM

I have no idea how and where BTC will go, but selling just becouse it drops look quite stupid to me.
You should invest a part of money that u can afford to lose and if u belive in it keep buying when it drop ... this is how works on stock market.

This is really the best strategy I believe. And claiming it must stabilize around 200-500 dollars is bit too early claim

Topic: Bitcoin will either die or stabilize around 200-500 dollars (Read 4213 times)