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Topic: Bitcoin will hit $50 this month. - page 3. (Read 7786 times)

sr. member
Activity: 363
Merit: 250
March 06, 2013, 05:14:32 AM
#46
It's funny how many people that were much more wealthy then I am to invest in Bitcoin and not a single one of them did.

A lot of them I told back when coins were going for about 4.50$ each.

Why do my friends never listen to me?
member
Activity: 82
Merit: 10
March 06, 2013, 05:07:54 AM
#45
Last trade in bitstamp was for 47.37. We are almost there!
sr. member
Activity: 420
Merit: 250
March 06, 2013, 04:58:31 AM
#44
I was sure we were going to hit 50 a few minutes ago... but nope, panic sells all the way to -gasp- 43.90!
Seriously though, this market is nuts. Feels very different from 2011 though. I'm excited, can't wait for the bubble to pop... Tongue
sr. member
Activity: 363
Merit: 250
March 06, 2013, 04:54:27 AM
#43
We are going to 50 real soon unless someone can trigger a panic and honestly with this amount of buying pressure I just don't think it's gonna happen in time.

legendary
Activity: 1147
Merit: 1001
March 06, 2013, 04:40:30 AM
#42
Maybe by the end of this week even.
vip
Activity: 1316
Merit: 1043
👻
March 06, 2013, 04:24:47 AM
#41
Bitcoin will hit $50 this month week.
Probably before I wake up in the morning.
Actually, it's pretty close to $50 now.
hero member
Activity: 868
Merit: 1000
March 05, 2013, 11:49:21 PM
#40
Bitcoin will hit $50 this month week.
Probably before I wake up in the morning.

LOL
legendary
Activity: 1400
Merit: 1013
March 05, 2013, 10:06:45 PM
#39
Bitcoin will hit $50 this month week.
Probably before I wake up in the morning.
legendary
Activity: 1078
Merit: 1003
March 05, 2013, 08:17:09 PM
#38
Feels like it was just a week ago people were saying it'd never hit $30 Tongue
legendary
Activity: 1260
Merit: 1000
Drunk Posts
March 05, 2013, 08:16:18 PM
#37
Bitcoin will hit $50 this month week.
hero member
Activity: 784
Merit: 1000
March 05, 2013, 08:11:32 PM
#36
Seconded  Smiley

I don't really see how it can go down - Bitcoin seems to have evolved and many of the problems such as hackers taking off with very large chunks of BTC from exchanges and crashing prices seem to be a thing of the past ...

I agree with the $50 prediction. As for the hacking of exchanges, unfortunately as the price of bitcoin increases, so does the incentive to hack exchanges. So I think we are actually more likely to see exchange hacks/thefts/inside jobs in the coming weeks.

If you think about it, bitcoin itself is ridiculously simple to secure, though tedious.

What needs to be done, that's tedious, to secure it? Just a curiosity.

http://bitcoinarmory.com/using-offline-wallets-in-armory/

See the offline transaction part.
full member
Activity: 183
Merit: 100
March 05, 2013, 03:26:07 PM
#35
That would mean: soon.

But I don't buy it.
No, it doesn't seem realistic on its own. It will probably be something in between, with optimism surviving longer because of the slower growth, but I still don't see any reason to assume there will be the same number of doublings.
donator
Activity: 2772
Merit: 1019
March 05, 2013, 02:56:59 PM
#34
the volume in currency says: you can't compare what's happening now to 2011:

donator
Activity: 2772
Merit: 1019
March 05, 2013, 02:52:00 PM
#33
I imagine somewhere from $200 to $400
You're doing it rong. You should use the same horizontal, not vertical interval, because it's more likely that the duration the optimism survives will be the same, not the doubling rate. The doubling rate is obviously lower this time.

That would mean: soon.



But I don't buy it.
full member
Activity: 183
Merit: 100
March 05, 2013, 02:16:21 PM
#32
I imagine somewhere from $200 to $400
You're doing it rong. You should use the same horizontal, not vertical interval, because it's more likely that the duration the optimism survives will be the same, not the doubling rate. The doubling rate is obviously lower this time.
member
Activity: 60
Merit: 10
March 05, 2013, 02:11:08 PM
#31
Yeah, $50 seems about right, following the trend from January and February.

Yes, but the real question is - when does it end? $100? $500? More?

I imagine somewhere from $200 to $400

full member
Activity: 196
Merit: 100
Another block in the wall
March 05, 2013, 01:33:34 PM
#30
Correction. Bitcoin will hit $60 this month.
full member
Activity: 237
Merit: 250
March 05, 2013, 01:21:20 PM
#29
Seconded  Smiley

I don't really see how it can go down - Bitcoin seems to have evolved and many of the problems such as hackers taking off with very large chunks of BTC from exchanges and crashing prices seem to be a thing of the past ...

I agree with the $50 prediction. As for the hacking of exchanges, unfortunately as the price of bitcoin increases, so does the incentive to hack exchanges. So I think we are actually more likely to see exchange hacks/thefts/inside jobs in the coming weeks.

If you think about it, bitcoin itself is ridiculously simple to secure, though tedious.

What needs to be done, that's tedious, to secure it? Just a curiosity.
legendary
Activity: 1036
Merit: 1000
March 05, 2013, 01:10:57 PM
#28
Already predicted two weeks ago.
full member
Activity: 166
Merit: 101
March 05, 2013, 11:24:27 AM
#27
Nothing too difficult, you just tear the paper in half, and put it in two secure storage places, also everyone has access to the storage place should sign a NDA. Doubt they will think it's something worth further ado.

Don't do this.  Split the key securely, for example using Shamir's secret sharing algorithm.
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