Is it possible that 1 BTC be worth $2,000 by the end of 2015? - page 10.

touhonoob

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Quote from: DustyRah on October 17, 2014, 10:11:04 PM

Quote from: Sakarias-Corporation on October 08, 2014, 07:35:40 AM

i think it would be possible, more and more people are using BTC now then ever, a lot can happen till end of 2015, for good and bad.

1) More and more people using BTC DOES NOT help the price go up. The reason is as soon as you use the BTC, it is sold and converted into FIAT. None of the merchants want to hold BTC because of ridiculous price changes on a daily basis. The best hope for BTC price to go up is a slow and steady growth and MORE stability in the price.

Merchant selling causing price to go down is "largely a myth"
https://bitcointalksearch.org/topic/merchant-selling-causing-price-to-go-down-is-largely-a-myth-826203

DustyRah

sr. member

Activity: 533

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Quote from: Sakarias-Corporation on October 08, 2014, 07:35:40 AM

i think it would be possible, more and more people are using BTC now then ever, a lot can happen till end of 2015, for good and bad.

1) More and more people using BTC DOES NOT help the price go up. The reason is as soon as you use the BTC, it is sold and converted into FIAT. None of the merchants want to hold BTC because of ridiculous price changes on a daily basis. The best hope for BTC price to go up is a slow and steady growth and MORE stability in the price.

2) Due to the speculative nature of BTC, LOADS of traders are into the game now and you will see massive profit taking at all levels resulting in big price swings. Those random price swings helps traders make money but does not help the stability of price resulting in wider usage of BTC.

The day merchants accept BTC and then once again use the BTC to buy services/products is the day BTC will go up in value. All that said BTC is currently available at a very good price to hoard for the long term though!

inca

legendary

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Merit: 1000

Honest answer: no one knows. Especially the three newbies above this post and their realistic TA Wink

BRE

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Lucky.lat | Marketing Solutions & Implementations

i hope that will happen.
but for real , nope. price will not hit $ 2k by the end 2015.
but miracle sometimes happen , let wait and see

Patel

legendary

Activity: 1320

Merit: 1007

Quote from: manselr on October 17, 2014, 10:58:56 AM

The last 1K rally took literally days.. so you never know. Realistically and judging by my own TA, we will not see ATH again until 2015+

Same, I am seeing October or November 2015 to peak

manselr

legendary

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The last 1K rally took literally days.. so you never know. Realistically and judging by my own TA, we will not see ATH again until 2015+

bajlox

full member

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Merit: 100

Quote from: arieq on October 09, 2014, 12:22:12 AM

Anything can happen in this market. I think BTC will become bigger and bigger and 2015 will be a great year for those who are holding their coins. Also remember that we have the first block halving

We will see. But yes 2015 will be turning point in this.
Holding will be key or maybe holding some promising altcoin and try to profit on it.

Patel

legendary

Activity: 1320

Merit: 1007

Quote from: arieq on October 09, 2014, 12:22:12 AM

Anything can happen in this market. I think BTC will become bigger and bigger and 2015 will be a great year for those who are holding their coins. Also remember that we have the ~~first~~ second block halving

fixed that

arieq

sr. member

Activity: 364

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Anything can happen in this market. I think BTC will become bigger and bigger and 2015 will be a great year for those who are holding their coins. Also remember that we have the first block halving

azguard

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Quote from: CryptoCarmen on October 08, 2014, 06:57:17 AM

Quote from: kingcoin111 on September 03, 2014, 05:29:44 AM

Bitcoin is now what? $470? Is it possible that bitcoin will reach that kind of worth a year and half from now?

if top1000 btc holders suddenly die and all their wallets gets lost.

good one.
but price will go up only in one condition if private holders dont sell off market to some third party.
if this stop we can expect price goes up

Sakarias-Corporation

hero member

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Call me Alice. just Alice.

i think it would be possible, more and more people are using BTC now then ever, a lot can happen till end of 2015, for good and bad.

CryptoCarmen

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Quote from: kingcoin111 on September 03, 2014, 05:29:44 AM

Bitcoin is now what? $470? Is it possible that bitcoin will reach that kind of worth a year and half from now?

if top1000 btc holders suddenly die and all their wallets gets lost.

bajlox

full member

Activity: 140

Merit: 100

I like litecoin and dogecoin.

But see more potential in doge right now.
Have better community and support.

azguard

legendary

Activity: 1484

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Crypto-News.net: News from Crypto World

Quote from: bitcoinlitcoinbtcltc on September 29, 2014, 07:54:15 AM

Exactly one year ago, Bitcoin was $125. The rally started somewhere at the end of October I believe. It went over $1100 within 1 or 2 months.
x 9 within a short period of time. If same happens, we could even see Bitcoin over $3000 by the end of this year

.

But more interestingly; LITECOIN (more growth potential).

Theory is good.

If you count that now price is ~330$ then price would be ~3000$ if we take last year happening off course.
If not then price may go down more.

Hard to see this but this year is more and more drop year for btc.

King Agamemnon

member

Activity: 109

Merit: 10

I think as of now, as the current standing of bitcoin now, it will not reach $2k.

polynesia

legendary

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Doesn't look remotely possible right now. Grin

bitcoinlitcoinbtcltc

hero member

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Exactly one year ago, Bitcoin was $125. The rally started somewhere at the end of October I believe. It went over $1100 within 1 or 2 months.
x 9 within a short period of time. If same happens, we could even see Bitcoin over $3000 by the end of this year

.

But more interestingly; LITECOIN (more growth potential).

matek

newbie

Activity: 57

Merit: 0

2k til end of this year

Zolly

newbie

Activity: 8

Merit: 0

Quote from: Winner on September 03, 2014, 05:31:38 AM

If people can hold their coins then yes.

It has nothing to to with holding their coins. There is simply not enough fresh money being pumped in to the system. And why is that? Too much uncertainty and big investors are not so sure that btc are the high class hooker they all want to fuck, at least not at these prices.

sgbett

legendary

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Merit: 1087

Quote from: giveBTCpls on September 16, 2014, 12:42:15 PM

Well it took a matter of hours to go from 300 to 1000 in the last mega rally...

if matter of hours is 3 weeks! Wink

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