Topic: Do you think BTC will hit $200? - page 28. (Read 22158 times)
My partner and i do not think it will be regarding a few months at the very least, although that is aware of? I am just just basing this away the instinct and also prior knowledge. I had rather this gradually climbed and also slept somewhat constant compared to a step anyway.
When bitcoin is more used more widespread, then it will maintain at stable price at $200. Otherwise, its price would just spike up, peak and fall back down.
It obviously will hit $200, probably when a major website starts to except them or something else newsworthy happens.
200 days
365 days 
Yes, by January 2014.
Maybe till end this year, price will be 200 usd per btc
I think yes but not too many will have chance to sell at 200+ because we will see next drop
What do you think BTC will hit $200 again?
If yes, how many days we have to wait?
If yes, how many days we have to wait?
It will either surpass $200 greatly -- or go to zero.
I love the optimism. I'm that way in the long term. But when the US fed govt declares bitcoin illegal (via another executive order) and starts to seize citizens' bank accounts, the price will fall 90% within a week and stay that way for months until congress makes Obama take it back. Also, if Mt.Gox shuts down, the price will take another 30% drop for a week. Going against that risk, is the positive pressures of more companies accepting bitcoin. When Amazon.com joins in, the price will go up 100% and snowball upward from there. So here is my WAG: in 4Q13 feds seize bitcoin accounts, price falls to $10, then Gox fails so price falls to $7, but then in 1Q14 Congress makes bitcoin legal again - sending price back to $200, and then 2Q14 Amazon accepts bitcoin and price jumps to $1000...pops 3 times over the next 8 years but on average goes to $10,000 by 2022. So the sooner that exec order comes, the sooner congress will declare finally and clearly that it IS legal....the sooner Amazon will take the critical step marking bitcoin's mainstream debut.
1What about with all the FPGA rigs hitting the market soon? Wont that drive the price in a sharp direction either way?
It depends on how much faith people have in fiat currency. When faith in fiat currency decreases, BTC along with all alt currencies will go up? Hint: It's gonna get crazy! 
I don't think it will hit within short time.
If we compare the period of time that BTC hit 200 USD, I'd expect it to happen correspondingly during the next financial turmoil in fiat-land.
The drivers behind BTC appreciation are naturally:
1. trust in alternatives
2. usefulness of the currency (what you can buy with it)
3. public awareness of the currency
Number 1 seems to be the bubble driver.
Number 2 seems to be what changes the fundamentals.
Number 3 does not seem to be the bubble driver yet, but might evolve into becoming more critical than 1 in this respect. As BTC becomes more mainstream, the trust dynamics will reinforce the effect of 3.
Hope that gives a relatively simple 'strategic level' overview of this market.
The drivers behind BTC appreciation are naturally:
1. trust in alternatives
2. usefulness of the currency (what you can buy with it)
3. public awareness of the currency
Number 1 seems to be the bubble driver.
Number 2 seems to be what changes the fundamentals.
Number 3 does not seem to be the bubble driver yet, but might evolve into becoming more critical than 1 in this respect. As BTC becomes more mainstream, the trust dynamics will reinforce the effect of 3.
Hope that gives a relatively simple 'strategic level' overview of this market.
I dont know but i have feeling bitcoin will hit 10 USD next year
1st week of October $200.
Next January, $350.
I know for sure. I am expert.
Next January, $350.
I know for sure. I am expert.
yes, but before it hits 200 it hit 50 - fingers crossed 
Yes, I think november or december...
Yes, within 3 months it will hit $200 again
Maybe, I would say at least 365 days.
It was $260 on March. I think it will hit again
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