I don't think it will reach $ 5000+ so soon. Maybe at end of 2015.
Never forget the law of big numbers.
Never forget the law of big numbers.
what's that law?
Topic: Do you see the price of BTC above $5000 by the end of 2014? (Read 6927 times)
what's that law?
I don't think it will reach $ 5000+ so soon. Maybe at end of 2015.
Never forget the law of big numbers.
Never forget the law of big numbers.
People may not want to risk losing money with bitcoin, or may not be interested in gambling, but as more people take the time to understand what bitcoin means in terms of change to the financial system, people will be willing to risk- not risk losing their money because of the hope of making more money, but be willing to risk their money to participate in the birth of a new global financial order. Sure, people argue that power corrupts, and the new digital currency elite will be corrupted, but it is these phases of renewal that make up the ebbs and flows of nature. So to purchase bitcoin and to transact in bitcoin and to minimize transactions in fiat is not only a potential means of profit and loss, like the ownership of any commodity or currency, it is supporting a movement to give the power of the issuing of currency back to the people- just as it was when grain or metals were used as currency, and anyone could mine or grow it if they had some basic tools and know-how.
never again 1000 usd
Hahahahahaha, $5000 he says.
Amazing that people are still so delusional to believe this bullshit!
Bubble with pop mid 2014. Back to sub $100 soon.
Amazing that people are still so delusional to believe this bullshit!
Bubble with pop mid 2014. Back to sub $100 soon.
Because 5k is a little bit to much and you're own statement sub$100 is just the same BS. Dude, even when the worlds biggest Bitcoin exchange went down it didnt even reached that lvl...
Go troll more.
I would say that there is no chance btc could reach over 5000 by the end of the year. ... BUT......each time I doubted bitcoin, whether it was when it broke $100, $250, or $1000, I have been wrong, so .... ya, maybe it is possible.
There is a lot of reasoning of this type on the forum - I doubted bitcoin price could double in the past, so it means that now that I doubt it again, it would double again ...
By the same logic, we can say " everybody was telling me I am gonna die one day, but I am still alive, so I am sure I will not die next year, either"
the big rise just started
I dont think so, but judge for yourself.
Hm, randomly drawn lines that don't match up with either candles or wicks, but do have cool bands of bright primary colors between them? I'm completely convinced.
Tough question.
I would say that there is no chance btc could reach over 5000 by the end of the year. ... BUT......each time I doubted bitcoin, whether it was when it broke $100, $250, or $1000, I have been wrong, so .... ya, maybe it is possible.
I think a point of view about this subject that isn't brought up much is important also, so I'll bring it up:
It's not so much that bitcoin is raising so fast in USD/BTC price, as it is that fiat is falling so fast against bitcoin. Like, to say, most people don't realize how fast our debt-fiat funny-money is inflated, every single year. Even if bitcoin did not raise so much on its own, it is bound to do well just because it is not created out of thin air and most nations of Earth are facing insolvency.
(Which is also sort of funny if you think of it. All the countries of the planet, even the 'richest' ones, are looking like they will go bankrupt in the next few years. I think any sane and reasonable person would have to question our economic system at this point, but most people can't be bothered. )
I would say that there is no chance btc could reach over 5000 by the end of the year. ... BUT......each time I doubted bitcoin, whether it was when it broke $100, $250, or $1000, I have been wrong, so .... ya, maybe it is possible.
I think a point of view about this subject that isn't brought up much is important also, so I'll bring it up:
It's not so much that bitcoin is raising so fast in USD/BTC price, as it is that fiat is falling so fast against bitcoin. Like, to say, most people don't realize how fast our debt-fiat funny-money is inflated, every single year. Even if bitcoin did not raise so much on its own, it is bound to do well just because it is not created out of thin air and most nations of Earth are facing insolvency.
(Which is also sort of funny if you think of it. All the countries of the planet, even the 'richest' ones, are looking like they will go bankrupt in the next few years. I think any sane and reasonable person would have to question our economic system at this point, but most people can't be bothered. )
very well put
Tough question.
I would say that there is no chance btc could reach over 5000 by the end of the year. ... BUT......each time I doubted bitcoin, whether it was when it broke $100, $250, or $1000, I have been wrong, so .... ya, maybe it is possible.
I think a point of view about this subject that isn't brought up much is important also, so I'll bring it up:
It's not so much that bitcoin is raising so fast in USD/BTC price, as it is that fiat is falling so fast against bitcoin. Like, to say, most people don't realize how fast our debt-fiat funny-money is inflated, every single year. Even if bitcoin did not raise so much on its own, it is bound to do well just because it is not created out of thin air and most nations of Earth are facing insolvency.
(Which is also sort of funny if you think of it. All the countries of the planet, even the 'richest' ones, are looking like they will go bankrupt in the next few years. I think any sane and reasonable person would have to question our economic system at this point, but most people can't be bothered. )
I would say that there is no chance btc could reach over 5000 by the end of the year. ... BUT......each time I doubted bitcoin, whether it was when it broke $100, $250, or $1000, I have been wrong, so .... ya, maybe it is possible.
I think a point of view about this subject that isn't brought up much is important also, so I'll bring it up:
It's not so much that bitcoin is raising so fast in USD/BTC price, as it is that fiat is falling so fast against bitcoin. Like, to say, most people don't realize how fast our debt-fiat funny-money is inflated, every single year. Even if bitcoin did not raise so much on its own, it is bound to do well just because it is not created out of thin air and most nations of Earth are facing insolvency.
(Which is also sort of funny if you think of it. All the countries of the planet, even the 'richest' ones, are looking like they will go bankrupt in the next few years. I think any sane and reasonable person would have to question our economic system at this point, but most people can't be bothered. )
if it goes in 800 area we're out of the downtrend my friend . We'll see at the end of the week.
. We'll see at the end of the week. the big rise just started
I dont think so, but judge for yourself.
the big rise just started
One cuts of the dead wood from a plant and then it blooms in the spring. The dead wood was just cut from Bitcoin, so I voted yes.
it's not over until it's over. I'd like to see more capitulation here before starting to be overtly bullish.
But during an exponential growth you can be prudent up to a point I guess.
All in all if we establish a new bottom around $1000 in 2014 I'm happy enough. Anything more is manna from the sky.
One cuts of the dead wood from a plant and then it blooms in the spring. The dead wood was just cut from Bitcoin, so I voted yes.
Before we see 5000$, we will see double digits again (not GOX).
BTC-e will default in less than 365 days.
Arguments Mr. BransonBTC-e will default in less than 365 days.
It will be bad for Bitcoin if it goes that high. Will be good for traders but not goo for average user. We need Bitcoin to have stabilized rate, then it will be accepted by average men.
How good is for somebody to buy Bitcoin for lets say he wanted to buy something from dinodirect. And he doesn't buy it right away, and wakes up next day see his bitcoins are worth 1/2 price
? Volatility isn't a good or bad thing for Bitcoin in a black and white sense. Volatility is a naturally occurring phenomenon.
We don't need Bitcoin to have a stabilized rate.
I only say what i hear. People are afraid to buy bitcoin coz ot its big price ups and downs. People that don't love gambling with their money think that bitcoin is to much of a gamble. Every currency needs stable rate as possible. And bitcoin is one ! I am not arguing this with u. That is my opinion and opinion of people around me in Serbia.
Before we see 5000$, we will see double digits again (not GOX).
BTC-e will default in less than 365 days.
Arguments Mr. BransonBTC-e will default in less than 365 days.
It will be bad for Bitcoin if it goes that high. Will be good for traders but not goo for average user. We need Bitcoin to have stabilized rate, then it will be accepted by average men.
How good is for somebody to buy Bitcoin for lets say he wanted to buy something from dinodirect. And he doesn't buy it right away, and wakes up next day see his bitcoins are worth 1/2 price
? Volatility isn't a good or bad thing for Bitcoin in a black and white sense. Volatility is a naturally occurring phenomenon.
We don't need Bitcoin to have a stabilized rate.
Before we see 5000$, we will see double digits again (not GOX).
BTC-e will default in less than 365 days.
Arguments Mr. BransonBTC-e will default in less than 365 days.
It will be bad for Bitcoin if it goes that high. Will be good for traders but not goo for average user. We need Bitcoin to have stabilized rate, then it will be accepted by average men.
How good is for somebody to buy Bitcoin for lets say he wanted to buy something from dinodirect. And he doesn't buy it right away, and wakes up next day see his bitcoins are worth 1/2 price
? I don't think Bitcoin will stabilize until we reach full saturation in the market, which means it will be several years and probably hundreds of thousands of dollars worth of growth before we get there.
Although Bitcoin should not be treated like a stock, in many ways it does have some similarities. Like any stock there is a period of growth where the price increases substantially until it eventually levels out. Then there will still be ups and downs but for the most part it will be stable.
Before we see 5000$, we will see double digits again (not GOX).
BTC-e will default in less than 365 days.
Arguments Mr. BransonBTC-e will default in less than 365 days.
It will be bad for Bitcoin if it goes that high. Will be good for traders but not goo for average user. We need Bitcoin to have stabilized rate, then it will be accepted by average men.
How good is for somebody to buy Bitcoin for lets say he wanted to buy something from dinodirect. And he doesn't buy it right away, and wakes up next day see his bitcoins are worth 1/2 price
?
Do you know the guys which are operating BTC-e ?
GOX was very bad, but BTC-e is on the same level.
Bitstamp is one step above, but they lost a few % of their BTC stash because of the malability "bug".
I'm still optimistic for btc, but I will buy more coins soon. They will get a lot cheaper. Selling is not an option.
GOX was very bad, but BTC-e is on the same level.
Bitstamp is one step above, but they lost a few % of their BTC stash because of the malability "bug".
I'm still optimistic for btc, but I will buy more coins soon. They will get a lot cheaper. Selling is not an option.
Before we see 5000$, we will see double digits again (not GOX).
BTC-e will default in less than 365 days.
BTC-e will default in less than 365 days.
Arguments Mr. Branson
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