Do you really think bitcoin price will pump to 1000 dollars after.... - page 2.

redsn0w

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#Free market

Quote from: chmod755 on May 16, 2015, 06:50:07 AM

Quote from: redsn0w on May 16, 2015, 06:27:56 AM

I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...

Why do you think the price will go down if more people are keeping and using their BTC? That doesn't make any sense to me.

Fixed in the above post, you are right .. for one moment I thought the contrary.

chmod755

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Quote from: redsn0w on May 16, 2015, 06:27:56 AM

I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...

Why do you think the price will go down if more people are keeping and using their BTC? That doesn't make any sense to me.

redsn0w

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#Free market

Quote from: gentlemand on May 16, 2015, 06:39:07 AM

Quote from: redsn0w on May 16, 2015, 06:33:56 AM

It seems the 'actual developments' will not bring bitcoin to 1k dollars.

I was referring more to ecosystem developments, but they do go hand in hand with improved technical functioning which is indeed pretty stale. There's no point in building all this awesome stuff if only a tiny number of people can actually use Bitcoin itself.

Exactly, but if a lot of people will start to think bitcoin is better than actual economic system why should they convert (or change) BTC for FIAT currencies? I would like to edit and fix my previous post, maybe they will only start to buy a lot of bitcoin to use them directly and that thing can 'pump' the price. But as always, it need an external sort of manipulation and the developments will not cause the rise of the price.

gentlemand

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Quote from: redsn0w on May 16, 2015, 06:33:56 AM

It seems the 'actual developments' will not bring bitcoin to 1k dollars.

I was referring more to ecosystem developments, but they do go hand in hand with improved technical functioning which is indeed pretty stale. There's no point in building all this awesome stuff if only a tiny number of people can actually use Bitcoin itself.

redsn0w

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#Free market

Quote from: gentlemand on May 16, 2015, 06:28:26 AM

If it does get back there again it'll have to be for a far more convincing reason this time around. Considering the developments that are arriving thick and fast, it becomes more possible by the day.

Would I buy at $1000? Yes, but only replacing what I'm spending. I have enough coins.

It seems the 'actual developments' will not bring bitcoin to 1k dollars, in these months we have talked only about the "hard fork" of the blockSize - named "Gavin fork". So I sincerely think the bitcoin itself will not sustain itself, and we need again the willy bot

(sarcasm).

redsn0w

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#Free market

Quote from: Morecoin Freeman on May 16, 2015, 06:26:24 AM

When it reaches 1k again I will buy 1 bitcoin for $1000 to celebrate.

Fantastic, but remember if you want that the price remains around 1000 dollars a lot of people should continue to buy Wink

. However I like your optimism, but I think only the speculation will bring again bitcoin more high than now (or it will be destroyed/dumped to 10 dollars).

gentlemand

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If it does get back there again it'll have to be for a far more convincing reason this time around. Considering the developments that are arriving thick and fast, it becomes more possible by the day.

Would I buy at $1000? Yes, but only replacing what I'm spending. I have enough coins.

redsn0w

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#Free market

Quote from: WhatTheGox on May 16, 2015, 06:12:08 AM

Quote from: redsn0w on May 16, 2015, 06:02:17 AM

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.

Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

Yes it will happen unless something else which is the same comes along and takes it place. Whatever that is will have to be decentralized though else the current bitcoin community will stick with bitcoin. The community and smart minds who support bitcoin keep bitcoin coming back stronger.

Also $1k isnt very high, some clever people think way higher....https://www.youtube.com/watch?v=AvevkBg6ZU4

Wait if bitcoin will be mainstream (so used by a lot of person) I think the price wil go down, because a lot of people will start to use and keep always bitcoin instead to convert it for FIAT currencies...

I think something it will happen after (but also few days before) the next block reward halving but sincerely not 1'000 dollars per bitcoin (most probable around 500 dollars).

Morecoin Freeman

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When it reaches 1k again I will buy 1 bitcoin for $1000 to celebrate.

WhatTheGox

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Quote from: redsn0w on May 16, 2015, 06:02:17 AM

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.

Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

Yes it will happen unless something else which is the same comes along and takes it place. Whatever that is will have to be decentralized though else the current bitcoin community will stick with bitcoin. The community and smart minds who support bitcoin keep bitcoin coming back stronger.

Also $1k isnt very high, some clever people think way higher....https://www.youtube.com/watch?v=AvevkBg6ZU4

redsn0w

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#Free market

Continuation of the thread title:

... the next block reward halving? from 25 BTC to 12.5 BTC.

Or a modified question:

Do you really think the bitcoin price (not value) will jump again to 1000 dollars (without any manipulation)? and will you buy 1 bitcoin for 1000 USD?

Topic: Do you really think bitcoin price will pump to 1000 dollars after.... - page 2. (Read 1803 times)