Bitcoin will hit $10,000 in 2014 - page 2.

knightcoin

full member

Activity: 238

Merit: 100

Stand on the shoulders of giants

Quote from: jubalix on January 25, 2014, 07:28:43 AM

Quote from: Dalmar on January 22, 2014, 06:25:53 AM

IMO, it just all sounds too good to be true.. it would make me a millionaire, which I find laughable. If it was this predictable/reliable Wall Street would have already been all over it. The previous rises were just easy as fuck, but future significant rises from now require institutional and collective average joe money.
2014 might be an ultra-bear year for all we know. Perhaps it is much needed in order to get rid of the cult-like greedy fanboys and give the developers some room to work without the wrong incentives.

wall street is imaterial except for the fact all the value is being sucked out of their Fiat in the event horizon of BTC, the ones that don't get it are extinct

Fiat in the event horizon ...

cool gonna keep it in my note-book Wink

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: Dalmar on January 22, 2014, 06:25:53 AM

IMO, it just all sounds too good to be true.. it would make me a millionaire, which I find laughable. If it was this predictable/reliable Wall Street would have already been all over it. The previous rises were just easy as fuck, but future significant rises from now require institutional and collective average joe money.
2014 might be an ultra-bear year for all we know. Perhaps it is much needed in order to get rid of the cult-like greedy fanboys and give the developers some room to work without the wrong incentives.

wall street is imaterial except for the fact all the value is being sucked out of their Fiat in the event horizon of BTC, the ones that don't get it are extinct

jubalix

legendary

Activity: 2632

Merit: 1023

Quote from: mestar on January 20, 2014, 10:51:21 AM

Ah, the exciting $10,000 per Bitcoin in 2014. Let's see what this means.

If miners decide to sell all their mined Bitcoins, (or 50%), this is how much daily fresh money is needed on the exchanges for the price to be stable:

2014-2016 : $36 million ($18 million if 50% sold)
2017-2020: $18 million ($9 million)
2021-2024: $9 million ($4.5 million)
etc.

So, if Bitcoin is $10,000 in 2014, good luck in finding that daily tens of millions dollars.

hardly anyone sells, you looking at 10% ~ 1% of that.

knightcoin

full member

Activity: 238

Merit: 100

Stand on the shoulders of giants

Quote from: billyjoeallen on January 23, 2014, 04:05:37 PM

Bitcoin needs multi-level marketers the way Vin Diesel needs a haircut. Bitcoin was created to cut out the middleman and now you think introducing a dozen or more middlemen will make it better? You've been smoking too much herbalife.

wait what ? Grin

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Well, if people want the big valuations then they need institutional investors and corporations et al whether that's a good thing or not, probably not.

They're not going to dive in in numbers unless they know what the playing field looks like.

aminorex

legendary

Activity: 1596

Merit: 1030

Sine secretum non libertas

Regulation can kill bitcoin and insure the dominance of DOGE.

tabnloz

legendary

Activity: 961

Merit: 1000

My 2mBTC,

If we see the bitcoin ecosystem grow, then I see a price spike;

More Trading / Derivatives platforms (on the way....Winklevii, UltraCoin)

Major retailer acceptance (Amazon / Ebay / Google?)

The big one though is of course regulation.

Even though bitcoin doesn't want or need it to operate, surely there is a lot of money sitting on the sidelines just waiting to see where the bitcoin economy is headed.

LOADING.READY.RUN

full member

Activity: 133

Merit: 100

Quote from: wobber on January 24, 2014, 06:34:08 AM

Can't see any sign of 10,000. Or of 5000. Or of 2500. OR OF 1250.

No one saw a sign of 1250 in January 2013.

wobber

legendary

Activity: 1064

Merit: 1001

Can't see any sign of 10,000. Or of 5000. Or of 2500. OR OF 1250.

Not going to happen. 2014 will be a slow year for bitcoin with price of 500-1100.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Bitcoin needs multi-level marketers the way Vin Diesel needs a haircut. Bitcoin was created to cut out the middleman and now you think introducing a dozen or more middlemen will make it better? You've been smoking too much herbalife.

daneldanny

newbie

Activity: 20

Merit: 0

Quote from: Wilhelm on January 22, 2014, 05:43:42 AM

Bitcoin block value will soon be halved that will make the price jump

doesn't look like that's happening for another 2 years according to http://bitcoinclock.com/

dave00

sr. member

Activity: 353

Merit: 250

*ahem* google Grin

kakobrekla

hero member

Activity: 714

Merit: 500

Psi laju, karavani prolaze.

Shut up and put up.

cr1776

legendary

Activity: 4256

Merit: 1313

When things like Japan and Argentina become more common (plus the bail-ins etc), people will be looking for ways to protect themselves. Gold, other PMs, probably bitcoin for some people, will become valuable stores of wealth. People who are smart are now putting some of their assets in these before it is more difficult. Think about if Argentinians had done so 2 years ago, they would be protected from the policies of madmen (madwomen).

Gold and PMs *can* be good, but if you wanted to take wealth out of Argentina today, bitcoin would be the best option.

Quote

Japan plans to raid dormant bank accounts to raise new revenue
Government resurrects proposal to help pay for welfare and education projects as the indebted country struggles to find new revenue

http://www.scmp.com/news/asia/article/1410614/japan-plans-raid-dormant-bank-accounts-raise-new-revenue

===========

Argentina restricts online shopping as foreign reserves drop
http://www.bbc.co.uk/news/world-latin-america-25836208

BitchicksHusband

sr. member

Activity: 378

Merit: 255

Quote from: Dalmar on January 22, 2014, 06:25:53 AM

IMO, it just all sounds too good to be true.. it would make me a millionaire, which I find laughable. If it was this predictable/reliable Wall Street would have already been all over it. The previous rises were just easy as fuck, but future significant rises from now require institutional and collective average joe money.
2014 might be an ultra-bear year for all we know. Perhaps it is much needed in order to get rid of the cult-like greedy fanboys and give the developers some room to work without the wrong incentives.

These types of investments are how most millionaires became millionaires.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

Quote from: Dalmar on January 22, 2014, 06:25:53 AM

IMO, it just all sounds too good to be true.. it would make me a millionaire, which I find laughable.

you can be only as rich as you allow yourself to be. i.e., if you find an idea of you being a millionaire laughable, you will not be, because you will chicken out once the price goes to 2000 and sell off Wink

Dalmar

hero member

Activity: 1106

Merit: 500

Life is short, practice empathy in your life

IMO, it just all sounds too good to be true.. it would make me a millionaire, which I find laughable. If it was this predictable/reliable Wall Street would have already been all over it. The previous rises were just easy as fuck, but future significant rises from now require institutional and collective average joe money.
2014 might be an ultra-bear year for all we know. Perhaps it is much needed in order to get rid of the cult-like greedy fanboys and give the developers some room to work without the wrong incentives.

pasikisu

newbie

Activity: 24

Merit: 0

Of course it's going to continue its 1000% raise every year. Can't you look at graphs? It's basically a fact! $1M by the end of 2016!!11 Whoo!

These threads and the mass hysteria/panic ones when there's a 10% dip in value are quite hilarious to read, thanks.

600watt

legendary

Activity: 2338

Merit: 2106

Quote from: wobber on January 22, 2014, 05:37:39 AM

Bitcoin can't hit more than 2000 because there are too many bitcoin hoarded (not hoarders). Simply put, going to 10,000, will make some people that own 10k to have more than 100 million dollars overnight. And the FBI to have 1.4 bln. USD. Do you want that? Because I don't.

they get 8 billion every year.

i don´t think an additional 1.4 billion will make such a difference.

http://www.fbi.gov/news/testimony/fbi-budget-for-fiscal-year-2012

Wilhelm

legendary

Activity: 1652

Merit: 1265

Bitcoin block value will soon be halved that will make the price jump

Topic: Bitcoin will hit $10,000 in 2014 - page 2. (Read 6042 times)