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Topic: BTC value at the end of May - page 2. (Read 2859 times)

newbie
Activity: 1
Merit: 0
May 09, 2013, 01:06:06 PM
#76
About $100 per bitcoin is pretty good to me . I think it will hit $250 again (fingers crossed)
newbie
Activity: 23
Merit: 0
May 09, 2013, 12:18:00 PM
#75
ASIC will show their real effect on September  Roll Eyes
newbie
Activity: 28
Merit: 0
May 09, 2013, 12:17:34 PM
#74
We can only hope $1000... lol right, but probably like most say about $130 I would say I think its going to steadily grow from now on .
newbie
Activity: 6
Merit: 0
May 09, 2013, 12:13:26 PM
#73
Really depends on how much value is being transacted by the network. Users count too. With this volatility I wouldn't be surprised to see anywhere from $50 to $200.
newbie
Activity: 12
Merit: 0
May 09, 2013, 11:59:03 AM
#72
Price too volatile to predict. $105 is my guess.
newbie
Activity: 24
Merit: 0
May 09, 2013, 11:54:22 AM
#71
 I think it will rise slightly but it's hard to guess what price based on current situation be because bitcoins is driven by news at the moment. That said, the issue is volatility because a rise of say, 10% overall this month but with a swing of 30% makes people who have yet to adopt less much less confident to do so.
member
Activity: 88
Merit: 10
May 09, 2013, 11:42:43 AM
#70
It seems reasonably stable atm, $100 low $120 high. Don't think it will go much over $120 for a while, there are a lot of people wanting to sell at that price.

The ASIC situation will be really interesting to watch, but it could just as easily go down as up. When it gets to the point where GPU mining is pointless and the only people making coins are the elite few, people might decide its a good time to get out. I wouldn't be at all surprised it we come to a stalemate, where the ASIC miners can't afford for the price to drop but noone else wants to buy at the prices they are offering.
newbie
Activity: 57
Merit: 0
May 09, 2013, 11:23:25 AM
#69
$100 - $130 seems like a safe bet, but if there are any f500 or large internet businesses that accept bitcoin we could see the price increase dramatically.
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
May 09, 2013, 09:53:51 AM
#68
Why don't they change the unit from BTC to a mBTC then everyone can afford bitcoin?
isnt 1 mBTC equaling 10 satoshi?

No, 1 mB is 0.001 btc or 100000 satoshis. You might be thinking of uB (microbitcoins) which are 100 satoshis.
newbie
Activity: 10
Merit: 0
May 09, 2013, 09:51:24 AM
#67
important Q is, are ASIC profitable at BTC < 100$ ?
or are they merely converting electrical energy ($) into coins?
I 've ran the online calcs in the past for my GPU, but probably someone here already has a figure for ASIC in June'13.
sr. member
Activity: 364
Merit: 250
Hash for Cash!
May 09, 2013, 09:50:18 AM
#66
as more asics come out and difficulty increases further the price will start to stabilize again. I think $75-$125 for most of May.
full member
Activity: 184
Merit: 100
May 09, 2013, 09:43:18 AM
#65
If only people would take constant trading for USD and leave it alone, there wouldn't be so much volatility...

What happened were guys with Avalons making $$$$ then dumping all at once.
newbie
Activity: 28
Merit: 0
May 09, 2013, 09:40:21 AM
#64
I really hope we beat the previous all-time high!

i think it won't happen so fast...

to stabilize BTC Price at 135$ there must be bought ~50000BTCs .... do you know anyone who wants to spend 5600000$ in BTC right now? Grin

whats needed for 250$ per BTC i cant say, my chart's max is at 135 atm
newbie
Activity: 34
Merit: 0
May 09, 2013, 09:21:50 AM
#63
I really hope we beat the previous all-time high!
newbie
Activity: 28
Merit: 0
May 09, 2013, 09:20:59 AM
#62
I think that the value of a BTC will depend on how many European nations are ready to fall over. Or whether the Koreas are at war.

Geopolitical stability is not good for the value for a BTC. More chaos is needed.

sad but true
member
Activity: 98
Merit: 10
May 09, 2013, 08:55:28 AM
#61
I'm guessing not much different to what it is now.
newbie
Activity: 14
Merit: 0
May 09, 2013, 08:30:09 AM
#60
The ASIC miners will start to control the main supply of new coins, mean that more people are going to want to buy them. I bet the price will go up and have sharp downs everynow and then when they dump their coins.
newbie
Activity: 19
Merit: 0
May 09, 2013, 08:26:25 AM
#59
Can't really see it staying below $150 much longer. More bank 'Bail-Ins' coming so expect another rush once that happens. Gox really need to get their act together though.
full member
Activity: 120
Merit: 100
May 09, 2013, 08:11:13 AM
#58
Any ideas what the price will be once the ASIC miners come into full play?

ASIC miners won't be "full play" by the end of May.  It is still going to be a slow process.  Avalon doesn't produce in quantity and BFL barely produces at all at this point. 
newbie
Activity: 4
Merit: 0
May 09, 2013, 07:43:13 AM
#57
~100USD exchange rate (not value)
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