Do you think BTC will hit $300? - page 8.

rampalija

full member

Activity: 154

Merit: 100

Quote from: ?? on ??

Quote from: endoc on October 29, 2013, 11:23:43 PM

I think BTC will easily hit $300 this year. It might even stabilize above $300.

Here's some evidence:
1. The Chinese are starting to buy a bunch of it and the government practically endorses it.
2. The closure of silk road only temporarily depressed the price (although if/when the fbi sells the seized coins the price will certainly drop for a while, but it will be good to get bitcoin into the hands of honest people)
3. The first bitcoin atm's are opening up (in Canada) and it is becoming easier for businesses to accept the coin.

Plus, I think if bitcoin becomes large enough most stores will want to follow the rules and tax bit coin transactions. This would slow any negative potential government intervention. Once you can buy all of your groceries at Walmart with bitcoin I can see the market cap approaching $1 trillion (in several years).

If the current trend of bitcoin price continues (~1000% year) it could easily hit $1,000 next year, at which point it will be hard for me not to sell some Grin

Sell? Then wait another year for 10 000$ by your logic.. *sigh*

Why whould u sell if u can buy food and go to cafge with BTC ?!

rampalija

full member

Activity: 154

Merit: 100

Quote from: RichardForsyth on October 29, 2013, 02:32:26 PM

Definitely will hit $300. But the chicken haters are going to be eating crow.

1/4 next year deffinetly hits 300$

utarinues

member

Activity: 114

Merit: 10

Chinese dont have enought money

But now Im confident $300 will hit next year

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: endoc on October 29, 2013, 11:23:43 PM

I think BTC will easily hit $300 this year. It might even stabilize above $300.

Here's some evidence:
1. The Chinese are starting to buy a bunch of it and the government practically endorses it.
2. The closure of silk road only temporarily depressed the price (although if/when the fbi sells the seized coins the price will certainly drop for a while, but it will be good to get bitcoin into the hands of honest people)
3. The first bitcoin atm's are opening up (in Canada) and it is becoming easier for businesses to accept the coin.

Plus, I think if bitcoin becomes large enough most stores will want to follow the rules and tax bit coin transactions. This would slow any negative potential government intervention. Once you can buy all of your groceries at Walmart with bitcoin I can see the market cap approaching $1 trillion (in several years).

If the current trend of bitcoin price continues (~1000% year) it could easily hit $1,000 next year, at which point it will be hard for me not to sell some Grin

$10,000 if the chinese buy em up.

nviere

full member

Activity: 168

Merit: 100

Yes it probably will!

uk1

copper member

Activity: 546

Merit: 500

yes end off this year

WishIStartedSooner

sr. member

Activity: 252

Merit: 250

I think that btc will reach 300$ within 2014

(I hope)

TheNewAnon135246

legendary

Activity: 2198

Merit: 1989

฿uy ฿itcoin

I want to buy more coins, but I think it's too risky atm. Still have a feeling the price will drop in the next few weeks, don't know why though.

zeeshsnrehman

member

Activity: 66

Merit: 10

I'm pretty confident that btc will hit $300 before January 1, 2014. I'm willing to bet 3 btc for this.

painmaker

member

Activity: 71

Merit: 10

i'm pretty confident BTC value will hit $300 as well as i'm confident that there is a lot of hot air in it that is waiting to be let out.
the big question is which is going to happen first Roll Eyes

joeventura

hero member

Activity: 854

Merit: 500

Quote from: waltermot321 on October 26, 2013, 04:59:41 AM

Well if the price go to $100 you will see everyone panic and sell again...

BTC was at $103 just 28 days ago, I remember because I bought a bunch!!

Bwhahahahhahaha

cointraffic

newbie

Activity: 8

Merit: 0

Quote from: TheNewAnon135246 on October 30, 2013, 03:09:16 AM

I want to buy more coins, but I think it's too risky atm. Still have a feeling the price will drop in the next few weeks, don't know why though.

I have this feeling too but am pretty sure we will see 1k/BTC in 2014 (or so I hope Wink

) so worrying about the current ups and downs might be the wrong way to go about it.

bitthedust

newbie

Activity: 18

Merit: 0

Quote from: jawnzer on October 29, 2013, 11:35:27 PM

I hope so, but not before I can jump in and buy some!

At what price are you considering jumping in?

jawnzer

newbie

Activity: 28

Merit: 0

I hope so, but not before I can jump in and buy some!

endoc

newbie

Activity: 11

Merit: 0

I think BTC will easily hit $300 this year. It might even stabilize above $300.

Here's some evidence:
1. The Chinese are starting to buy a bunch of it and the government practically endorses it.
2. The closure of silk road only temporarily depressed the price (although if/when the fbi sells the seized coins the price will certainly drop for a while, but it will be good to get bitcoin into the hands of honest people)
3. The first bitcoin atm's are opening up (in Canada) and it is becoming easier for businesses to accept the coin.

Plus, I think if bitcoin becomes large enough most stores will want to follow the rules and tax bit coin transactions. This would slow any negative potential government intervention. Once you can buy all of your groceries at Walmart with bitcoin I can see the market cap approaching $1 trillion (in several years).

If the current trend of bitcoin price continues (~1000% year) it could easily hit $1,000 next year, at which point it will be hard for me not to sell some Grin

beegatewood

sr. member

Activity: 297

Merit: 250

Ganna take another 3 years until it hit $300 when the mining halve take into effects.

truongdhnh

sr. member

Activity: 870

Merit: 250

I think it will not reach to that level in this year.

ANiceJewishBoy

newbie

Activity: 42

Merit: 0

Quote from: btway on October 29, 2013, 03:46:18 PM

With so many new businesses and articles being created recently, I can easily see Bitcoin reaching and exceeding $300 in the next 6 months. We'll see how it goes for the rest of this year though. I don't see any reason why Bitcoins might explode during the holiday season.

Um... How bout, the Silk Road is closed, so now Bitcoins are viable presents. People buy gift cards all the time, and Bitcoin is now basically a giftcard that can be spent anywhere online, but not to buy crack.

And it's the gift card where "If you by it now, it will probably be worth more by Christmas" how many other giftcards can say that?

btway

newbie

Activity: 9

Merit: 0

#

ANiceJewishBoy

newbie

Activity: 42

Merit: 0

Not all fiat is going down.

There is something in the Forex world that is being talked about called an "R/V" and "Re-Evaluation". Apparently the Dinar and Dong are about to become more valuable than American dollars, and if you pay attention to what is happening, it almost seems like the American government is doing a 51% takeover of the Iraqi economy.

Everyone says that the American economy has billions invested already, and when you read about the "R/V" it basically sounds like a stimulus plan from America to other countries.

I think what is going to happen is the American government has been pumping Dinar so that American's would preform the 51% take over from home. Then the government will raise the value of Iraqi Dinar and buy it all from American's as they rush to sell.

But, yes, as the dollar falls (if it does indeed fall, instead of the Iraqi Dinar making a great rise. And it could really go either way) Bitcoin will probably see a rise as people look for something to store their money in while the American economy collapses.

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