Topic: Holy crap heading past $1,000 !!! (Read 4284 times)

I think the 0.02 bitcoin will be worth a lot in the next decades.

No you're not how if you only had 0.02 bitcoin left on your wallet? hahaha i don't think that it can make you reach but im sure those investors who already had tones of bitcoin from their wallet are going to be rich.

The price is over $1100.

I am glad I bought some in the past 12 months.

Early people who got into bitcoin when it was dirt cheap are the real rich people. If you had entered into bitcoin just recently then you will only make some money. But anyways, keep holding and perhaps one day you might just be rich. All the best!

The market is already retreating. A 5x increase in price would take Bitcoin's market capitalization to $75+Bn.
Not impossible, but very tough.

According to the latest blog past by Mike Casey you would be right.

https://medium.com/@mcasey0827/speculative-bitcoin-adoption-price-theory-2eed48ecf7da#.6vt0haan7

Ladies and Gentlemen !
We have a winner ! Finally someone understands ........

it is mostly real growth but not all of it.
the real growth would have been the rise to $800+ not the $900 range. this rise is a composite of real rise because of many good news that came out recently and also it is some small pump.

No, no, no. It is real growth not some coordinated pump like that bot driven race from 2013. I bet that this time price will say over $900 for longer time, maybe even it will be new stable "low" price?
There is no negative news, no bad signs, technical indicators of market are strong, pump is not over. If you have a friend who doesn't own BTC, tell him now - soon we might see $1200.

If history is any indication, we are probably seeing a breakout to $5000+...comeback to $1500, rinse and repeat....

To late? Dont be foolish.

Its just the beginning. Buying now is like buying back at $250 years ago.

A smart investment.

Nothing lasts that long. Currently the price is being driven by panic buyers that are basically too late, but they still think they can walk out with massive profits. I think for now, the peak will be $1000 or slightly above that, but after that we'll be subject to a correction that will push the price back towards the $800 levels. And to be honest, $800 seems to be a very fair price according to me.

Well, I particularly thought the price of bitcoin would not exceed $750, but here it's $973 and it's still going up, there are a lot of people who believe that by December 31, bitcoin's price will reach $1000.

Yesterday I read a news that said that the travel agency Destinia, took the decision to accept payments only in Bitcoin. They made that decision because the Venezuelan economy has steadily declined. Because the Venezuelan bolivar has a strict control.

News such as these may have some impact on bitcoin's price.

I thought it has reach this point already. And I just missed it.

The amount of the price increase in the last week has been unseen like anything before. Even when it reached it's all time high of $1200 such a very long time ago it seems.

For those who were predicting a value above USD 850, a few months ago, they were not wrong. At the time, it was possible to realize that Bitcoin was about to rise to much higher values, since the effect of halving was taking effect, and continues to take effect so far. In addition, there is growing demand in the market, because there are people who saw in Bitcoin a useful way to transfer and store value.

well for sure if the price gets more higher you'll gonna be rich bro . why not buy more bitcoin and hold it along with the amount you've already bought several months ago ? it could be risky but at least you have bitcoin kept to your wallet .

You know people work hard and earn money. buying 100 btc at 500 each is not that hard.

Getting rich isn't possible for the majority of the people here. People that keep creating threads and posts that we all will be rich when the price is reaching $1000, don't have much coins themselves. How on earth will it then be possible to get rich? Back when the price was around $500-$600 people were already struggling to collect even 1 BTC, imagine how that will be when the price is $5000 per coin. From my point of view, getting rich is when you make at least $1 million.

2014 nov 8th

Orig KNC Titan at $10,131.80 with shipping.

2nd KNC Titan used during march 2014 panic when 6 or 7 other scrypt miners
Supposed to come out at 2.6btc or 569 usd I think it was works yet full out.
Also KNC stopped production at this time. Thus till A4 only big miner game in town.
Panic only lasted 2 weeks to a month everyone thought no ROI with equip glut by July 2015
thus the panic. Dumb luck.

Found this last July 2016 a new unused corp default sale of 2 titan miners (orig) on ebay of buy it now 3.5k
split with a buddy my share was 1825 usd

Also tripped over with same buddy via an email to an old tech at knc proper that went thru to the bankruptcy lawyer
and fell into their first auction and prob over bid and won first round lot. He got 18. I got 6 knc 5 cube titans at 1900 each with shipping
we won that round of bids ...lost in a group buy to all others. imho knc insiders bid us into the dirt.

Anyway they sucked built by temps (no real knc employees for 2 years) and shipping damage so should have
got 400mh each ..really got like 342mh each . ROI'd on them recently. Paid off the 11.4K home loan to get
them on a bet BTC would go up. Got that right.

So I mine at 3150 mh (was 3200 plus but cube died and lightfoot can't fix it yet) at 10c kwh I currently get
with last ltc difficulty ..just looked 2034 profit a month.

But as you can see above it was all due to dumb luck. But hey ride the pony while I can

later