The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Not sure if this guy is serious
Topic: Do you see the price of BTC above $5000 by the end of 2014? - page 4. (Read 6927 times)
Not sure if this guy is serious
The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Yup. I can't move for Bitcoin this and Bitcoin that where I am. I got so sick of people giving them to me that I went back to fiat. Everyone laughs at me and says it's a ponzi scheme but I have faith in its future.
The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Much less than 1% of the world owns bitcoins actually
The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Gentlemand, Yeah... I can see LTC going either way.. ZipZap said that in their first batch of thousands of ATM's are going to sell BTC/LTC.. This will let people buy LTC easily.
I can see BTC at $1000, While LTC at $250 January 2015.. Then a huge spike in 2015.
it could get to the 1000 area in an afternoon next week if conditions were right, not that they're likely to be.
i am very intrigued to see what litecoin will do this year. it's possible it'll drown in a sea of alts or perhaps it'll get an economy of its own going.
BTC will only ever reach a level like 5000 if the exchange system is seriously improved. There needs to be a reputable exchange in the United States, that everyday people can use that has the backing of regulation and insurance so that nobody has any fears about using it. Maybe integration with bank accounts like that bank in Africa. Also we'd probably need to see the U.S. federal government come out and officially recognize BTC as legal tender.
Is there any reason to think the exchange system will not be seriously improved?
I agree about the need for insurance. Andreas had some great comments about this on The Bitcoin Group #17.
I disagree about the need for the U.S. government to officialy recognize it as legal tender, which will never happen anyway. Not banning it would be sufficient to allow for continued growth. Banning it would be unconstitutional and the Tea Party would for once do something good and prevent Obama from doing it.
BTC will only ever reach a level like 5000 if the exchange system is seriously improved. There needs to be a reputable exchange in the United States, that everyday people can use that has the backing of regulation and insurance so that nobody has any fears about using it. Maybe integration with bank accounts like that bank in Africa. Also we'd probably need to see the U.S. federal government come out and officially recognize BTC as legal tender.
I can see BTC at $1000, While LTC at $250 January 2015.. Then a huge spike in 2015.
Possible, yes. Likely, no.
Top of the 2014 bubble could be 5k, but those prices can only be sustained for a few days. Then we will crash hard to 2k as a return to normal. Bitcoin is a perpetual bubble machine.
A bubble of 50 k seems more logical, then back to 25k. 100% to 200% growth in one year is totally illogical... 2014 will be booming.
Top of the 2014 bubble could be 5k, but those prices can only be sustained for a few days. Then we will crash hard to 2k as a return to normal. Bitcoin is a perpetual bubble machine.
Wouldn't be bitcoin if we didn't have a roller coaster of a graph
peak of $5k EASILY
i think we will see a stable price of $5k to but we might see dips down to $3, 4k
i think we will see a stable price of $5k to but we might see dips down to $3, 4k
Producers ASIC technology will massively to leave the Bitcoin mining,
when mining factor reach red line of 5 cents per Gh at 24h, and there is the beginning of the end.
sellout mining hardware is started;
https://bitcointalk.org/index.php?topic=417159.0;topicseen
https://bitcointalk.org/index.php?topic=170332.0;topicseen
https://bitcointalk.org/index.php?topic=294197.0;topicseen
when mining factor reach red line of 5 cents per Gh at 24h, and there is the beginning of the end.
sellout mining hardware is started;
https://bitcointalk.org/index.php?topic=417159.0;topicseen
https://bitcointalk.org/index.php?topic=170332.0;topicseen
https://bitcointalk.org/index.php?topic=294197.0;topicseen
Top of the 2014 bubble could be 5k, but those prices can only be sustained for a few days. Then we will crash hard to 2k as a return to normal. Bitcoin is a perpetual bubble machine.
nice chart...kudos if you made this.
no, it will be slightly above 1K:
Quite possible. $2-3,000 with ease.
Above that it's likely to need increasing numbers of legislators, regularish joes and a more refined breed of whale jumping on board if serious traction is to be gained.
Above that it's likely to need increasing numbers of legislators, regularish joes and a more refined breed of whale jumping on board if serious traction is to be gained.
Yeah. more worried about the bugs than anything else. I don't believe the encryption will be broken anytime soon and if it was then its a lot bigger problem than just bitcoin.
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