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Topic: bitcoin will reach $1000 USD before the end of 2014 (BET) (Read 1827 times)

member
Activity: 84
Merit: 10
no way,too much maybe 200
newbie
Activity: 5
Merit: 0
1000$ unstable spike? Maybe within 5 next years.
1000$+ stable? Maybe even 3k$? 10-20 years.
Cool
full member
Activity: 152
Merit: 100
Quote
Total agree bets: 1.50
Total disagree bets: 1.50

I would disagree, but the worst part is you have to wait more than one year to win
newbie
Activity: 7
Merit: 0
I think it will all depend on how governments see if they see it as a currency (like Germany) ya i think it will easy hit 1K+
newbie
Activity: 52
Merit: 0
I am sure that it will reach 1000 dollar because Greece will need another bailout before the end of this year and all the other economic disasters that are going to happen next year.
newbie
Activity: 7
Merit: 0
$982 on Dec 31st 2014
newbie
Activity: 14
Merit: 0
Maybe up to 2000 USD if more people buy bitcoins
hero member
Activity: 574
Merit: 500
http://betsofbitco.in/item?id=1377

Quote
The price of bitcoin will be exchanged for $1000 USD or more at any time before 12:00am January 1st, 2015. It need not hold for any period of time, bet closes as soon as it hits $1000 or at the end of the time period.

In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use.

So what do you think ?

If you believed this enough to place the bet in favour, what possible argument could make placing it a better idea than simply holding onto said-coin?

Presumably he'd still get it back when he won the bet.
full member
Activity: 238
Merit: 100
Yup.


Will bump when it happens to confirm my Wizard status.
newbie
Activity: 34
Merit: 0
I think if the bitcoin does what its intended for that there will be some sort of medium, determined within the next year I guess, that will result in a flat-fiat-value.
sr. member
Activity: 241
Merit: 250
Time you enjoy wasting is not wasted time.
http://betsofbitco.in/item?id=1377

Quote
The price of bitcoin will be exchanged for $1000 USD or more at any time before 12:00am January 1st, 2015. It need not hold for any period of time, bet closes as soon as it hits $1000 or at the end of the time period.

In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use.

So what do you think ?

If you believed this enough to place the bet in favour, what possible argument could make placing it a better idea than simply holding onto said-coin?
AKH
newbie
Activity: 7
Merit: 0
It's really anyone's guess at this stage!
newbie
Activity: 5
Merit: 0
I think that's a bit too high, especially with ASIC's making it so much easier to mine them.
Remember the more power on the network, the more the difficulty increases.
legendary
Activity: 966
Merit: 1052
I think that's a bit too high, especially with ASIC's making it so much easier to mine them.
hero member
Activity: 574
Merit: 500
Hmm... would anyone care to sell me 1k satoshis for 1 cent?

(or does it have to be a whole bitcoin?)
hero member
Activity: 802
Merit: 1003
GCVMMWH
Probably both $30 and $1000 before 2014  Shocked
newbie
Activity: 43
Merit: 0
That's a really high number.

While it's of course possible, I really just don't see it happening...

Agreed.
newbie
Activity: 16
Merit: 0
with the same growth it has shown for the past ~3 months it will take ~27 more months or 2.25 years which will be mid way through 2015 to get to 1k
ar9
sr. member
Activity: 352
Merit: 250
That's a really high number.

While it's of course possible, I really just don't see it happening...
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