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Topic: Chances for a 10x price this summer - page 2. (Read 1956 times)

sr. member
Activity: 378
Merit: 250
Super Smash Bros. Ultimate Available Now!
June 16, 2014, 08:21:31 AM
#4
I said a few months ago that hedge funds need bitcoin to go quiet while they accumulate. It did go quiet and they did accumulate. Once they accumulate some more at the auction, US exchanges go live and an ETF is approved, they're going to pump this to $5,000+

I predict this will happen within the next three months.
legendary
Activity: 1764
Merit: 1002
June 16, 2014, 08:17:33 AM
#3
Since last bubble went up 9x, could we go about the same magnitude this summer? Something like $6000 per coin?

I'm not too optimistic about that but it sure doesn't seem impossible. However, wouldn't that price be too high? I mean, what stock/commodity costs $6000 per unit?

Berkshire Hathaway
sr. member
Activity: 378
Merit: 250
June 16, 2014, 08:15:04 AM
#2
Lol by that logic gold should've 1000x'd a few times now.

IMO if BTC overtook paypal and adoption by small/medium/large corporations continues to grow we'll see 3k by the end of next year.

Assuming we don't have another MT Gox situation (with blockchain or something).

legendary
Activity: 1064
Merit: 1001
June 16, 2014, 08:04:44 AM
#1
Since last bubble went up 9x, could we go about the same magnitude this summer? Something like $6000 per coin?

I'm not too optimistic about that but it sure doesn't seem impossible. However, wouldn't that price be too high? I mean, what stock/commodity costs $6000 per unit?
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