Bitcoin Forum>Economy>Economics>Speculation
Author

Topic: Looks like we are going to hit 1000 usd this year (Read 5227 times)

Amitabh S
legendary
Activity: 1001
Merit: 1005
Looks like we are going to hit 1000 usd this year
November 29, 2013, 03:38:10 AM
#43
Quote from: proudhon on November 27, 2013, 10:16:52 AM
Quote from: Amitabh S on November 27, 2013, 09:14:36 AM
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.



Time to necro another thread Cheesy Cheesy

BTW here's my address: 19Kpu7Mje3RHmnjUwn1sXQfi4iWtUTxWtt  


My past self was a real shit sometimes.  Give me some time, I only have ~0.75 in an online wallet.  The rest is offline, and I'm at work.  Might just buy ~$300 more so I don't have to dip into the offline wallets, unless somebody wants to chip in Wink

Hey Proudhon, any ETA on the 1 BTC?  Smiley
I can pitch in 0.0001 btc for covering the tx fee Tongue
amihh
newbie
Activity: 32
Merit: 0
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:53:32 AM
#42
Nice!
I'm so glad I convinced my brother to buy some bitcoins in the past few days.
Still trying to explain others in my family and friends circles that this is a rare opportunity.

Soon people will talk more and more about mBTC, it's like a stock split but a major one, 1000:1
If it reaches $1500 soon, I will start selling some in the hopes of buying back when it crashes back down to below $1000.

Interesting times ahead!
proudhon
legendary
Activity: 2198
Merit: 1311
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:52:28 AM
#41
Quote from: xxnewbiecoinerxx on November 27, 2013, 10:33:57 AM
Long term, it might have been one of the biggest bets in history.  Cheesy

I doubt that, but I won't be betting on it.  I've learned my lesson.
BadBear
legendary
Activity: 1652
Merit: 1128
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:48:25 AM
#40
Poor proudhon.  Wink
piramida
legendary
Activity: 1176
Merit: 1010
Borsche
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:47:59 AM
#39
Quote from: proudhon on November 27, 2013, 10:16:52 AM
My past self was a real shit sometimes.  Give me some time, I only have ~0.75 in an online wallet.  The rest is offline, and I'm at work.  Might just buy ~$300 more so I don't have to dip into the offline wallets, unless somebody wants to chip in Wink

Past sins always come haunting you back Smiley Giving some guy on the interwebs 1000$ that's something I wish all of the doomcallers on this forum would do! I like this new economy.

PS I'm actually surprised you still work Smiley Just for fun?
Heutenamos
hero member
Activity: 812
Merit: 1000
Act #Neutral,Think y'self as a citizen of Universe
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:40:23 AM
#38
Quote from: Amitabh S on November 27, 2013, 09:14:36 AM
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.



Time to necro another thread Cheesy Cheesy

BTW here's my address: 19Kpu7Mje3RHmnjUwn1sXQfi4iWtUTxWtt 



Nice, just a reminder: never say never
So it is $1000 just for a prediction, nice!
I might start $100,000 for next year  Wink
xxnewbiecoinerxx
member
Activity: 68
Merit: 10
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:33:57 AM
#37
Long term, it might have been one of the biggest bets in history.  Cheesy
proudhon
legendary
Activity: 2198
Merit: 1311
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:16:52 AM
#36
Quote from: Amitabh S on November 27, 2013, 09:14:36 AM
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.



Time to necro another thread Cheesy Cheesy

BTW here's my address: 19Kpu7Mje3RHmnjUwn1sXQfi4iWtUTxWtt  


My past self was a real shit sometimes.  Give me some time, I only have ~0.75 in an online wallet.  The rest is offline, and I'm at work.  Might just buy ~$300 more so I don't have to dip into the offline wallets, unless somebody wants to chip in Wink
porcupine87
hero member
Activity: 546
Merit: 500
hm
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 10:02:45 AM
#35
Quote from: Amitabh S on November 27, 2013, 09:14:36 AM
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.



Time to necro another thread Cheesy Cheesy

BTW here's my address: 19Kpu7Mje3RHmnjUwn1sXQfi4iWtUTxWtt 


I will send him 0.0001, if he sends it to you Smiley
Amitabh S
legendary
Activity: 1001
Merit: 1005
Re: Looks like we are going to hit 1000 usd this year
November 27, 2013, 09:14:36 AM
#34
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.



Time to necro another thread Cheesy Cheesy

BTW here's my address: 19Kpu7Mje3RHmnjUwn1sXQfi4iWtUTxWtt 
ninjaboon
legendary
Activity: 2128
Merit: 1002
Re: Looks like we are going to hit 1000 usd this year
April 03, 2013, 02:43:40 AM
#33
Quote from: Amitabh S on March 24, 2013, 01:31:08 PM
With the recent screwps.. Cyprus, Chase bank, etc. and so many new adopters, it looks like we will cross 1000 this year, a couple of years too soon in my opinion.. And im not complaining Cheesy

I see USD 100K per BTC in 2023.
jhansen858
sr. member
Activity: 364
Merit: 250
Re: Looks like we are going to hit 1000 usd this year
April 03, 2013, 02:27:36 AM
#32
We have gone from 33 to 140 in 30 days.  if we increase at that rate for 12 months it will be at over 1200 in 12 months time. but I think it will happen sooner.
MiracleRiver
newbie
Activity: 23
Merit: 0
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 08:01:12 PM
#31
Sign me up for $1,000 USD by the end of the year. I think that's an easy figure.

There are an endless list of folks who will/are buying big time - including all the rich Silicon Valley lot who can see the potential and are now developing apps etc.

How about more like $5,000?
Crazy
full member
Activity: 182
Merit: 106
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 04:38:02 PM
#30
So what's the hold up?
Richy_T
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 04:30:40 PM
#29
I agree that 1k is not likely but... Well, who knows what shenanigans governments will get up to next. They're out of money and can't print their way out of more. What happens when they start plundering retirement funds?
Crazy
full member
Activity: 182
Merit: 106
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 04:28:55 PM
#28
Well if I were to buy something today, the service provider would get shafted if the value crashed. So that's a two way street.

Anything is possible, you're definitely right, but I don't think that's likely. I think I saw it would take $3.2M in new capital to get to ~$220/BTC. I don't see that happening anytime soon, and once the new money dries up, all the speculators will get bored with holding what they can't spend, see a slow (if they're lucky) descent to more reasoned pricing, and jump on the sell bandwagon.

I'm a long term bull (defined as probably 5 years*), but short term I'm bearish for obvious reasons I guess.

* A major collapse would change this, possibly destroying BTC in the process.
Amitabh S
legendary
Activity: 1001
Merit: 1005
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 04:16:02 PM
#27
I know, even I'm not that optimistic. But I expected Proudhon to give 1 BTC anyway, so I speculated it Grin Grin Grin Grin

Crazy
full member
Activity: 182
Merit: 106
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 04:11:33 PM
#26
I don't either, I was just pointing out the math was wrong. I've corrected 2 or 3 people on percent increase mistakes. Ironically, they're also all bulls dumping money into a speculative bubble. Perhaps based on bad math? Go figure.
deathcode
copper member
Activity: 1428
Merit: 253
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 04:08:15 PM
#25
Quote from: Crazy on April 02, 2013, 04:05:32 PM
Quote from: Elwar on March 25, 2013, 04:46:57 PM
For it to reach $1,000/BTC a year from today it would have to go up over 1300%!!!
$114 -> $1000 is 777% increase. No?

Although possible, I do not think we will hit $1000 this year. And I'm one of the biggest bulls here.
I do think that U$S300-U$S500 is very possible.
I believe the rate of speculators will decrease overtime and the coin will start to get used more and more as a trading currency.



Crazy
full member
Activity: 182
Merit: 106
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 04:05:32 PM
#24
Quote from: Elwar on March 25, 2013, 04:46:57 PM
For it to reach $1,000/BTC a year from today it would have to go up over 1300%!!!
$114 -> $1000 is 777% increase. No?
Amitabh S
legendary
Activity: 1001
Merit: 1005
Re: Looks like we are going to hit 1000 usd this year
April 02, 2013, 03:55:30 PM
#23
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.



Just quoting you in case you delete your post Grin
Elwar
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 04:46:57 PM
#22
For it to reach $1,000/BTC a year from today it would have to go up over 1300%!!!


It has not done that since...hmm...what is $75 divided by $4 (price this time last year) * 100%?
justusranvier
legendary
Activity: 1400
Merit: 1013
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 04:43:54 PM
#21
Since Bitcoin started being traded at Mt Gox it has increased by an average of 6.8% per week. Based on that the exchange rate should be around $300 by the end of the year.

Since the beginning of 2013 the exchange rate has increased by an average of 15.4% per week. Based on that the exchange rate should be around $12000 by the end of the year.

My guess is somewhere in between those two numbers.

Edit: It helps to look at the right line on the spreadsheet.
oOoOo
full member
Activity: 238
Merit: 100
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 04:35:55 PM
#20
Quote from: mb300sd on March 25, 2013, 04:29:59 PM
Quote from: oOoOo on March 25, 2013, 04:22:13 PM
threads like this are typical at bubble peak

There has been one bubble peak in the history of bitcoin. typical > 1

yeah, because bitcoin is the only thing that has ever bubbled in financial history  Roll Eyes
mb300sd
legendary
Activity: 1260
Merit: 1000
Drunk Posts
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 04:29:59 PM
#19
Quote from: oOoOo on March 25, 2013, 04:22:13 PM
threads like this are typical at bubble peak

There has been one bubble peak in the history of bitcoin. typical > 1
oOoOo
full member
Activity: 238
Merit: 100
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 04:22:13 PM
#18
threads like this are typical at bubble peak
goxed
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 01:20:39 AM
#17
Quote from: Zotia on March 25, 2013, 12:26:34 AM
Anyone want to bet on it?

http://betsofbitco.in/item?id=1402

Yeah, if USD is no longer the reserve currency.
Zotia
hero member
Activity: 686
Merit: 501
TokenUnion-Get Rewarded for Holding Crypto
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 12:26:34 AM
#16
Anyone want to bet on it?

http://betsofbitco.in/item?id=1402
jl2012
legendary
Activity: 1792
Merit: 1121
Re: Looks like we are going to hit 1000 usd this year
March 25, 2013, 12:08:11 AM
#15
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.


Didn't you sell all your bitcoin at $10?
BitPirate
full member
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 09:10:26 PM
#14
Quote from: zif33rs on March 24, 2013, 09:08:14 PM
And so that begs the question...what will you do if it does?

Wait for 10k
zif33rs
full member
Activity: 196
Merit: 100
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 09:08:14 PM
#13
And so that begs the question...what will you do if it does?
Aztec
newbie
Activity: 56
Merit: 0
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 09:05:11 PM
#12
Quote from: Richy_T on March 24, 2013, 04:20:43 PM
Quote from: malevolent on March 24, 2013, 04:13:22 PM
Quote from: Jaw3bmasters on March 24, 2013, 04:09:59 PM
Must be a typo...OP probably meant $100.

Twice? in the title and in the post.

So $200 then?

Heh
BTC Books
member
Activity: 84
Merit: 10
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 04:46:02 PM
#11
Quote from: keewee on March 24, 2013, 02:45:22 PM
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.

pic

Now that's gotta be worth quoting. Although I tend to agree with you on this one

I know, right?

Agreeing with proudhon makes me feel... shit.  There's not even a word for it.
Richy_T
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 04:20:43 PM
#10
Quote from: malevolent on March 24, 2013, 04:13:22 PM
Quote from: Jaw3bmasters on March 24, 2013, 04:09:59 PM
Must be a typo...OP probably meant $100.

Twice? in the title and in the post.

So $200 then?
malevolent
legendary
Activity: 3472
Merit: 1727
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 04:13:22 PM
#9
Quote from: Jaw3bmasters on March 24, 2013, 04:09:59 PM
Must be a typo...OP probably meant $100.

Twice? in the title and in the post.
Jaw3bmasters
full member
Activity: 196
Merit: 100
Another block in the wall
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 04:09:59 PM
#8
Must be a typo...OP probably meant $100.
Xian01
legendary
Activity: 1652
Merit: 1067
Christian Antkow
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 03:51:54 PM
#7
Quote from: Amitabh S on March 24, 2013, 01:31:08 PM
it looks like we will cross 1000 this year, a couple of years too soon in my opinion.. And im not complaining Cheesy

I would like whichever drugs you are on. Mine don't seem to be as good as yours.
Dargo
legendary
Activity: 1820
Merit: 1000
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 02:54:43 PM
#6
Whoa cowboy, let's take it one step at a time. Next step is over 75, see how that goes and maybe we can start thinking about 100.  
Richy_T
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 02:53:31 PM
#5
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.



You may want to put an upper limit on that Wink
keewee
legendary
Activity: 1025
Merit: 1000
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 02:45:22 PM
#4
Quote from: proudhon on March 24, 2013, 02:44:00 PM
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.

pic

Now that's gotta be worth quoting. Although I tend to agree with you on this one
proudhon
legendary
Activity: 2198
Merit: 1311
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 02:44:00 PM
#3
I'll give OP a bitcoin if it hits $1000/BTC this year.  Will not happen.

ehoffman
sr. member
Activity: 378
Merit: 250
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 02:38:06 PM
#2
Hmmmm...  Transactions in micro-BTC getting the norm Smiley  Smell lovely!
Amitabh S
legendary
Activity: 1001
Merit: 1005
Re: Looks like we are going to hit 1000 usd this year
March 24, 2013, 01:31:08 PM
#1
With the recent screwps.. Cyprus, Chase bank, etc. and so many new adopters, it looks like we will cross 1000 this year, a couple of years too soon in my opinion.. And im not complaining Cheesy
Bitcoin Forum>Economy>Economics>Speculation
Jump to: