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Topic: bitcoin worth $98500 says this article (Read 916 times)

full member
Activity: 191
Merit: 100
Dadice Fixed Rate.
December 04, 2013, 04:27:23 PM
#20
If you thought something was going be worth 98 times what it currently is worth would you:

a.) Write a report telling everyone.

b.) Buy as many as possible.


Many have predictions and estimates, I believe 1,000,000 is possible instead
newbie
Activity: 4
Merit: 0
December 04, 2013, 04:15:54 PM
#19
lol, thats too much, if that happens, anyone who holds more than 10 btc will be millionaire
newbie
Activity: 11
Merit: 0
December 04, 2013, 03:04:59 PM
#18
noooo way
full member
Activity: 169
Merit: 100
December 04, 2013, 03:02:10 PM
#17
maybe if more business start collecting / hoarding like a power company or two Tongue
hero member
Activity: 588
Merit: 500
December 04, 2013, 02:44:37 PM
#16
Not now at least,price depend on demand and sell which is at the $1xxx in most exchanger at this time and this is the actual price. Further estimations are predictions and nothing confirmed.
newbie
Activity: 8
Merit: 0
December 04, 2013, 02:42:49 PM
#15
Just divide all the fiat money supply that exists globally (in USD terms based on current exchange rates) by 21 million (= number of bitcoins). This will give you an upper bound, and it will be around 10 million USD per BTC.
sr. member
Activity: 476
Merit: 250
December 04, 2013, 02:36:13 PM
#14
Coindesk almost lost my respect after publishing this article.
meh they are just quoting wedbush analysts, that is respectable enough

they will be worth way more than $100k though, probably at least 10x more Wink
newbie
Activity: 3
Merit: 0
December 04, 2013, 02:35:26 PM
#13
I have to agree with Jacob on this one. Hype; opinion and article baiting.

If you thought something was going be worth 98 times what it currently is worth would you:

a.) Write a report telling everyone.

b.) Buy as many as possible.

newbie
Activity: 42
Merit: 0
December 04, 2013, 02:05:23 PM
#12
All aboard the hype train.

CHOOO CHOOOOOOOOO
hero member
Activity: 935
Merit: 1001
I don't always drink...
December 04, 2013, 01:57:13 PM
#11
My own personal calculations show Bitcoin going to $3500 by January.  $10,000 by March.  $30,000 by April.  Of course, I am free to make up any formula for determining my outcome as I desire.   Grin

In all honesty, I think that we are all the future very wealthy gentlemen.

Nice, to meet you.  Do you have any Grey Poupon?

Juan
full member
Activity: 224
Merit: 100
December 04, 2013, 01:30:28 PM
#10
If you thought something was going be worth 98 times what it currently is worth would you:

a.) Write a report telling everyone.

b.) Buy as many as possible.
newbie
Activity: 8
Merit: 0
December 04, 2013, 01:29:41 PM
#9
interesting the comments of the article, people need to start spending bitcoins buying things
I dont know how much it will worth, but it can be 100,000, as it is now 1000 after being 10 a year ago
full member
Activity: 196
Merit: 100
December 04, 2013, 01:20:02 PM
#8
This reeks of unfounded hype, but stranger things have happened Smiley
newbie
Activity: 11
Merit: 0
December 04, 2013, 01:19:19 PM
#7
I liked it, now if I have 10 btc that will be...bahaha, can't wait!
bcd
sr. member
Activity: 252
Merit: 250
December 04, 2013, 01:11:48 PM
#6
Coindesk almost lost my respect after publishing this article.
sr. member
Activity: 322
Merit: 250
December 04, 2013, 01:08:58 PM
#5
That's a horrible article, if you ask me...

Quote
The price of bitcoin could increase to as much as $98,500, according to analysts at financial services and investment firm Wedbush Securities.
Did they calculate that based off of a formula with 3 variables or something?
hero member
Activity: 812
Merit: 1000
Act #Neutral,Think y'self as a citizen of Universe
December 04, 2013, 11:05:34 AM
#4


Ha nice find! I guess they asked few wall street traders about final stable price and used the average (mean)
member
Activity: 70
Merit: 10
December 04, 2013, 11:05:22 AM
#3
And $98500 is not an exact number at all which makes it even more believable! Get in while you can!
legendary
Activity: 2604
Merit: 1036
December 04, 2013, 11:01:44 AM
#2
You simply don't question the wall street hotshots in the first place, they arguably know their stuff Grin
member
Activity: 78
Merit: 10
December 04, 2013, 10:57:19 AM
#1
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