Bitcoin will plummet to $10 by first half of 2014 - page 25.

U1TRA_L0RD

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CAUTION: Angry Man with Attitude.

Quote from: pjviitas on December 29, 2013, 09:26:11 PM

Cheaper Bitcoin would be nice then maybe I could get a few and make it easier to spend a few.

Why would you say that a collapse in the price of Bitcoin would be the end of it?

I would think that a collapse would shake off a lot of the speculators out there which would be a good thing I would think.

Not just that, Bitcoin seems to be catching too much media right now...makes people nervous.

I agree, Buy more spend more then prices will fluctuate, Although, Im sorry I have to bring this up, those underground black markets have most of them tucked away greedy bastards.

skivrmt

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Quote from: bgman on December 29, 2013, 09:59:29 PM

http://www.zerohedge.com/news/2013-12-26/probability-stock-market-crash-soaring

Bitcoin will go to the moon in terms of dollars...

Will the stock market have a correction? Of course. 5-10% at some point, it always does. Do I forsee another 2001 or 2008 anytime soon? No. Simple based on valuations. The stock market was overpriced in 2001 and 2008. It is -getting- overpriced slightly right now, but companies continue to surpass earnings. I don't think we'll see a "crash" like the site predicts in 2014.

That being said I still think we'll see a nice steady climb in XBT next year...

bgman

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http://www.zerohedge.com/news/2013-12-26/probability-stock-market-crash-soaring

Bitcoin will go to the moon in terms of dollars...

pjviitas

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Cheaper Bitcoin would be nice then maybe I could get a few and make it easier to spend a few.

Why would you say that a collapse in the price of Bitcoin would be the end of it?

I would think that a collapse would shake off a lot of the speculators out there which would be a good thing I would think.

Not just that, Bitcoin seems to be catching too much media right now...makes people nervous.

U1TRA_L0RD

full member

Activity: 126

Merit: 100

CAUTION: Angry Man with Attitude.

I dont really see a jump in price yet, maybe its going to be like this for the next few months or so??

skivrmt

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Quote from: pjviitas on December 29, 2013, 03:53:36 PM

I hope your right, I have been waiting for this event for some time now.

You hope he's right about it plummeting to $10 next year? Because you don't believe in Bitcoin or you would like to buy at a lower price? If XBT ever gets to $10 again it will be because something fairly catastrophic has happened and will probably never recover again.

pjviitas

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I hope your right, I have been waiting for this event for some time now.

koosBR

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baseless in their arguments.

skivrmt

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Quote from: nodroids on December 29, 2013, 01:10:06 PM

this guy just is way off base on all his facts as pointed out by all you fine Bitcoiniacs. We already got to %8000 + appreciation this year with half of exchanges shutting down, mostly before 2013 even got going. The exchanges that are up and running now are the longest running, less volatility there. Also there is a clear trend in less and less price volatility. I am amazed that we're at $700 + with China (the very source of this run up) and now India arresting exchange operators.

There was a lot of negative press and happenings in 2013 for XBT, but there was WAY more positive press. And by positive, I don't mean each article being positive or pro XBT, I just mean press in genereal. Cyprus University, Richard Branson, Overstock etc all accepting or moving to accept XBT is huge.

Can it drop to $10 next year? Sure, but I doubt it. In 3 years times, it'll be $10 or $5,000+, all depends on so many factors including mainstream acceptance. Risk to reward a these levels I think is pretty good.

nodroids

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this guy just is way off base on all his facts as pointed out by all you fine Bitcoiniacs. We already got to %8000 + appreciation this year with half of exchanges shutting down, mostly before 2013 even got going. The exchanges that are up and running now are the longest running, less volatility there. Also there is a clear trend in less and less price volatility. I am amazed that we're at $700 + with China (the very source of this run up) and now India arresting exchange operators.

ZooKeeper74

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I predict the influx of newer crypto currencies will continue to kill their predecessor.

Pretty shit idea that no one will want bitcoin in 12 months, doge will be all the rage.

chemicalbruva

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Quote from: teukon on December 22, 2013, 09:46:20 AM

Quote

[Bitcoin] has not been bear-market tested...

Bitcoin dropped 15-fold over 5 months in 2011. Add a trip to the zoo to your general education todo list.

I shall steal your quote and use it as my own! On a serious note, btc seems to shoot up in any fiat related crisis situation (eg- cyprus, renewed QE etc)

bitpop

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