Topic: Official Bitcoin Price Prediction for Dec 31, 2014 (Read 19854 times)
I'll be posting another Poll on Jan 1, 2016. Just wanted to bump to show others the results back in 2014.
GG Happy New year!
What will the price be at the end of the year?
I will bump this thread at the end of the year to display the % of whom were correct.
I will bump this thread at the end of the year to display the % of whom were correct.
it will be $100+
Not that hard to guess I guess.
Just take a look at 1d chart, the wedge is getting smaller and smaller, I think it will explode up or down very soon. if it explodes it will goto 400+ and everyone holding fiat will cry
Those folks were all making predictions based on the November 2013 bull run. Just goes to show that even the so-called bitcoin experts are really just as clueless as your average Joe.
What the experts predicted a year ago:
http://foundersgrid.com/bitcoin-price
http://foundersgrid.com/bitcoin-price
lol at most of people voting for 10k+
also please close the poll before people start to troll the results
also please close the poll before people start to troll the results
So, 31st Dec is here and I'm looking at the poll results now.
Apparently, 12.9% people reported it correctly, predicting BTC price at $100+ levels but below $500.
Majority of the people (18.4%) said the price would cross $10,000 !! I wish it was true
Apparently, 12.9% people reported it correctly, predicting BTC price at $100+ levels but below $500.
Majority of the people (18.4%) said the price would cross $10,000 !! I wish it was true
it will not change a bit...the price will remain the same.
We are all fucking idiots.
-B-
-B-
The end is nigh
Its funny to see this thread on year after ...
All them 1000+ guesses on the first pages. Delusional it was in hindsight. But hindsight is always better 
.
.The poll shows 18.5% thought it will be $10,000+ but only 12.3% thought it will be between $100 and $500. Only a small minority are probably going to be right. In future polls I'm considering assuming the majority could be wrong.
In any poll where most people have a financial incentive for the price to be higher rather than lower I wouldn't go with the majority.
All them 1000+ guesses on the first pages. Delusional it was in hindsight. But hindsight is always better .
.The poll shows 18.5% thought it will be $10,000+ but only 12.3% thought it will be between $100 and $500. Only a small minority are probably going to be right. In future polls I'm considering assuming the majority could be wrong.
By the time Gox went down its market share had shrunk, so it was important, but didn't "change everything", the bubble had to deflate anyway.
Unless you believe that Willy the bot could have continued to pump up the price with fake fiat up to 10k$.
Reading the first pages of this thread made me LOL, even the creator of this thread was a delusional permabull back then.
Unless you believe that Willy the bot could have continued to pump up the price with fake fiat up to 10k$.
Reading the first pages of this thread made me LOL, even the creator of this thread was a delusional permabull back then.
Part of the reason why Gox's demise changed everything was that Willy's existence wasn't discovered until Gox went down.
Hopefully even a permabear can grasp that concept.
So YOU DO believe that the price could have been pumped to 10k$ with fake fiat if the bot wouldn't have stopped.
I am for a genuine market, not a heavily manipulated one, and couldn't understand how easy some resistance levels were broken in 2013, now I know: it was faked.
The manipulator's plan (MtGox inside job IMO) was to build what looked like a genuine bubble with fake fiat, and then true fiat would come to the bubble.
He succeeded, but now the bubble has to deflate harder than "normal", because it has been faked for a long time.
Why don't you insert a parameter from 100$ and 500$ because at the end of year price will go around 100$ and 500$ ! Waiting for a future raise, maybe in the next year
By the time Gox went down its market share had shrunk, so it was important, but didn't "change everything", the bubble had to deflate anyway.
Unless you believe that Willy the bot could have continued to pump up the price with fake fiat up to 10k$.
Reading the first pages of this thread made me LOL, even the creator of this thread was a delusional permabull back then.
Unless you believe that Willy the bot could have continued to pump up the price with fake fiat up to 10k$.
Reading the first pages of this thread made me LOL, even the creator of this thread was a delusional permabull back then.
Part of the reason why Gox's demise changed everything was that Willy's existence wasn't discovered until Gox went down.
Hopefully even a permabear can grasp that concept.
By the time Gox went down its market share had shrunk, so it was important, but didn't "change everything", the bubble had to deflate anyway.
Unless you believe that Willy the bot could have continued to pump up the price with fake fiat up to 10k$.
Reading the first pages of this thread made me LOL, even the creator of this thread was a delusional permabull back then.
Unless you believe that Willy the bot could have continued to pump up the price with fake fiat up to 10k$.
Reading the first pages of this thread made me LOL, even the creator of this thread was a delusional permabull back then.
just quick statistics based on 151 votes
139 - 92% of respondents believe it will be at least $2,000 by december
if we're to go by the majority, it looks like entering the bitcoin market at under $2,000 is a REASONABLE RISK if we believe it will be at least $2k by the end of the year.
139 - 92% of respondents believe it will be at least $2,000 by december
if we're to go by the majority, it looks like entering the bitcoin market at under $2,000 is a REASONABLE RISK if we believe it will be at least $2k by the end of the year.
The prevailing opinion at the time was that 4 digits was pretty much a given. 3k-7.5k was considered realistic.
Bear in mind though that this was before Gox crashed and burned. That changed everything.
It's easy for those who didn't join in until springtime to laugh at those numbers as being too high.
That's why they only make themselves look like fools when they smugly drag up old predictions that didn't pan out but were mainstream at the time.
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