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Topic: Coindesk: There wasn’t much doubt that bitcoin would surpass $2,000 soon (Read 2730 times)

legendary
Activity: 2338
Merit: 1035
I've said it a couple times before

Most people say that price will go very high but they don't have a fucking clue what bitcoin really is and they really don't believe it

the few who do however is gonna reap some well-ass profits the coming years

It's very unrealistic that bitcoin will not reach $2k this year
hero member
Activity: 1470
Merit: 504
The infrastructure is rapidly expanding. The price of XBT is a direct function of the utility and velocity of trade. The price of BTC will grow until the price of BTC is no longer priced against fiat.
legendary
Activity: 1148
Merit: 1001
Quote
The $10,000 bitcoin

Lingham took an informal survey of hands from the audiences about bitcoin’s future price prospects, and there wasn’t much doubt that bitcoin would surpass $2,000 soon:

“The broad consensus is that bitcoin will be over $2,000 within two years. I’m kind of fearful if bitcoin hits over $10,000 this year.”

Many believe that the $10,000 bitcoin will come in 2014.
.......

Then why are so many bitcoins sold out these days and no one want to buy up these so called cheap "$500" bitcoins?
Why is the bitcoin price dropping from $1200 -> $1000 -> $800 -> $700 -> $600 -> $500 -> $0 and no one buy all these 20% - 50% cheap coins?

Because most of us know that bitcoin is now going to drop to near $0, this is the true voice telling you from your mind, we don't like to accept, however saddly have to face it

10,000 bitcoins = 1 pizza will happen again soon and Coindesk is just talking bullshit to fool us


Link: http://www.coindesk.com/will-10000-bitcoin-help-hurt-transactions/

Why was there several months in the Summer when Bitcoins were around $100 and they were not "sold out" as you put it?  The price then rose to over $1200 in November.  There are always seasons of consolidation.  People panic and sell but when there appears to be growth these same people, or others that are waiting on the sidelines, will jump in and buy as soon as the price starts to go up.

$2000 per Bitcoin would be very easy to reach, even in a month or two.
newbie
Activity: 56
Merit: 0
Quote
The $10,000 bitcoin

Lingham took an informal survey of hands from the audiences about bitcoin’s future price prospects, and there wasn’t much doubt that bitcoin would surpass $2,000 soon:

“The broad consensus is that bitcoin will be over $2,000 within two years. I’m kind of fearful if bitcoin hits over $10,000 this year.”

Many believe that the $10,000 bitcoin will come in 2014.
.......

Then why are so many bitcoins sold out these days and no one want to buy up these so called cheap "$500" bitcoins?
Why is the bitcoin price dropping from $1200 -> $1000 -> $800 -> $700 -> $600 -> $500 -> $0 and no one buy all these 20% - 50% cheap coins?

Because most of us know that bitcoin is now going to drop to near $0, this is the true voice telling you from your mind, we don't like to admit it, however saddly have to face it

10,000 bitcoins = 1 pizza will happen again soon and Coindesk is just talking bullshit to fool us


Link: http://www.coindesk.com/will-10000-bitcoin-help-hurt-transactions/
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