Threads like this one make me feel that the bottom is slowly approaching.
No kidding. This board has always seemed to be the best indication of where in the cycle we are at. Here's a pro-tip that will (probably) make you a lot of money: When we're in a bubble, don't sell until there are a massive amount of "To the moon!"-type posts around here. When you're seeing posts like "$10,000 by the end of the week!" when we've just broken $1k and the week is half-over, sell. 
Topic: Do you guys remember the poll about if bitcoin will be 10 000usd this year? - page 2. (Read 2732 times)
February 10, 2014, 02:05:18 PM
February 10, 2014, 01:36:57 PM
The blockchain got forked last year. The price was below $50 at the time. In the same year it rose to over $1000.
If the death of gox is anything like a blockchain fork, we may see $10000 this year. I genuinely think we will.
If the death of gox is anything like a blockchain fork, we may see $10000 this year. I genuinely think we will.
February 10, 2014, 01:31:52 PM
when '$10,000 next week' threads appear, sell. when '$10 next week' threads appear, buy.
February 10, 2014, 01:29:04 PM
This place cracks me up. In november, I tried to serve as a reality check for the community when we were getting three or four "to the moon!" threads a day, and I'd get abused by all corners everytime I countered the absurd projections. Now, we go into a bear market and it's all gloom and doom. This is bitcoin! We always go through boom and bust cycles, only to rise again from the ashes shortly after. There is no reason why this year will be any different. Sometimes I feel like I'm the only person around here with a memory longer than two weeks.
Herd psychology is strong in any community. The positive feedback of patting each others back and confirming the "truth" of majority opinion just feels too irresistibly good to many people. Don't worry, you're not the only one with a longer attention span than a goldfish around here. It's just that the more clueless you are, the more likely it is you'll find yourself shouting your "opinion" at the top of your lungs
Threads like this one make me feel that the bottom is slowly approaching.
February 10, 2014, 01:15:17 PM
Threads of this nature have occurred a thousand times before. There'll be tens of thousands more. There must be a secret level of the Bitcoin protocol that corrodes perspective.
February 10, 2014, 01:11:24 PM
5000dollars by this year?
How is that possible?
Its all up to mtgox really. If mtgox dies out int he near future then we will see a great drop and slow recovery.
If mtgox doenst die, well then price will still recover. I dont thin kwe will see a new all time high anytime soon. Maybe around christmas/fall.
How is that possible?
Its all up to mtgox really. If mtgox dies out int he near future then we will see a great drop and slow recovery.
If mtgox doenst die, well then price will still recover. I dont thin kwe will see a new all time high anytime soon. Maybe around christmas/fall.
February 10, 2014, 01:06:39 PM
Anything can happen. Maybe 10 000$ is a bit too high for 2015, then again you never know where and when the next spike will bring us.
Maybe $5000 sounds a bit more realistic?
Maybe $5000 sounds a bit more realistic?
February 10, 2014, 01:02:10 PM
China will remove their restriction to bitcoin once they have obtained high enough coins then pump it high enough so late comers buy at a high price
February 10, 2014, 12:59:37 PM
This place cracks me up. In november, I tried to serve as a reality check for the community when we were getting three or four "to the moon!" threads a day, and I'd get abused by all corners everytime I countered the absurd projections. Now, we go into a bear market and it's all gloom and doom. This is bitcoin! We always go through boom and bust cycles, only to rise again from the ashes shortly after. There is no reason why this year will be any different. Sometimes I feel like I'm the only person around here with a memory longer than two weeks.
February 10, 2014, 12:44:55 PM
You never know. Thinking btc would reach $1,000 last year when it was about $16 at the start of year would have seemed crazy as well.
We are only 6 weeks into the new year, way too short to know where bitcoin will be at the end of the year.
I had voted that no bitcoin wont be $10,000 by the end of the year and I still agree that it wont be. However, if it did reach those numbers I wouldn't be surprised either considering how things have gone in the past year
We are only 6 weeks into the new year, way too short to know where bitcoin will be at the end of the year.
I had voted that no bitcoin wont be $10,000 by the end of the year and I still agree that it wont be. However, if it did reach those numbers I wouldn't be surprised either considering how things have gone in the past year
February 10, 2014, 12:39:38 PM
I agree, I also think that if Bitcoin ever reaches $10,000 hyper inflation will have hit and it will be pointless selling them anyway, it's a bit like these Jewellers I've heard of gathering the Silver and Gold dust up to save so they can sell it, if the dust is that high a price then it isn't the metal that's valuable the currency your selling it for is worthless.
February 10, 2014, 12:33:03 PM
The majority of people said they believe it will be 10000USD.
Ha. Delusional optimists.
I say we will recover to 900-1000 by either summer or end of the year.
Ha. Delusional optimists.
I say we will recover to 900-1000 by either summer or end of the year.
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