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Topic: Official Bitcoin Price Prediction for Dec 31, 2014 - page 6. (Read 19784 times)

legendary
Activity: 1330
Merit: 1000
dafar consulting
The bitcoin value by the end of the year will increase alot, probably about 5000$.

Lol.... that is a ridiculous claim. 99.9999% chance that won't happen
member
Activity: 70
Merit: 10
The bitcoin value by the end of the year will increase alot, probably about 5000$.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
What a ridiculous poll, it should be

less than $0.01
$0.01+
$0.1+
$1+
$10-50
$51-100
$100-200
$200+
hero member
Activity: 994
Merit: 501
This poll should be kept alive, as an indicator of the relative weight of bears versus bulls.
Clearly the vast majority of speculators (on this forum) are wildly bullish...


Yeah but how things are changing!  This poll was started with almost no one predicting less than $1000.  Amazing how 6-8 months changes almost everyone's mind.  I've said it over and over and over.  I own and believe in Bitcoin, but there was NO WAY it was going to $10k+ a coin this year.  I even placed a good size bet on it not going there on Bitbet. 

Its just not ready yet for that.  Yes, it has increased in price greatly each year before but its the amount of NEW money needed to increase it more is exponentially increased each time the price increases.  $10MM in new money was needed to grow it to $10/coin.  A lot at the time, but nothing today with the current market cap of Bitcoin hovering in the $6-7 billion range.

$10k/coin we were talking close to $70 Billion in new money needed.  People forget how much money you need for the price to keep increasing.  (yes I know it technically doesn't need to be new money but all for all practical purposes it does)  $70 billion is A LOT.  Even with Wall Street involved.  Slow but steady...
full member
Activity: 215
Merit: 100
This poll should be kept alive, as an indicator of the relative weight of bears versus bulls.
Clearly the vast majority of speculators (on this forum) are wildly bullish...
hero member
Activity: 826
Merit: 1000
'All that glitters is not gold'
My bet: ~$500
sr. member
Activity: 406
Merit: 250
2014 = SHIT year for bitcoin, sorry but I've said it over and over again and it's true

The good news? There will be better years... lol at people who keep saying 2014 is "the year of bitcoin" haha

Don't say stupid things. 2014 is a good year for Bitcoin despite MtGox

http://www.coindesk.com/state-of-bitcoin-q2-2014-report-expanding-bitcoin-economy/
full member
Activity: 215
Merit: 100
Fascinating poll.
Only 5% think the price will be lower than today!
The problem is that people on this forum probably only have a tiny fraction of the bitcoins, have no resources to buy more, and don't believe enough in their convictions to take a leveraged position.
sr. member
Activity: 433
Merit: 250
C'mon 1,000 votes before the end of the year!
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
2014 = SHIT year for bitcoin, sorry but I've said it over and over again and it's true

The good news? There will be better years... lol at people who keep saying 2014 is "the year of bitcoin" haha

Totally shit for gains.

As for actual developments, things have been happening that would've had you electrocuted by this forum for suggesting two or more years ago.

The future is bright. The present either dull as ditch water or shit. You can't have it all all the time.
full member
Activity: 181
Merit: 100
$500-700
sr. member
Activity: 952
Merit: 281
2014 = SHIT year for bitcoin, sorry but I've said it over and over again and it's true

The good news? There will be better years... lol at people who keep saying 2014 is "the year of bitcoin" haha

2014 has been a good year for bitcoin. Maybe not for the price but let's look back for a moment.

- Survived 400+ China Bans
- Survived MtGOX exchange disaster
- Survived SilkRoad hack and auction
- ATMs launched
- Big retailer adoption
- etc.

Bitcoin has shown that it is not a Tulip Craze.

We will probably get better years but we now know Bitcoin is a sound investment with moderate risk (not high as previously).
Lol most of them were announced by fallling before China did  Grin
legendary
Activity: 1652
Merit: 1265
2014 = SHIT year for bitcoin, sorry but I've said it over and over again and it's true

The good news? There will be better years... lol at people who keep saying 2014 is "the year of bitcoin" haha

2014 has been a good year for bitcoin. Maybe not for the price but let's look back for a moment.

- Survived 400+ China Bans
- Survived MtGOX exchange disaster
- Survived SilkRoad hack and auction
- ATMs launched
- Big retailer adoption
- etc.

Bitcoin has shown that it is not a Tulip Craze.

We will probably get better years but we now know Bitcoin is a sound investment with moderate risk (not high as previously).
legendary
Activity: 1330
Merit: 1000
dafar consulting
2014 = SHIT year for bitcoin, sorry but I've said it over and over again and it's true

The good news? There will be better years... lol at people who keep saying 2014 is "the year of bitcoin" haha
legendary
Activity: 1473
Merit: 1086
Around 800$. 800 will be the new 500.

Bad year for bitcoin.  Roll Eyes
sr. member
Activity: 467
Merit: 250
Between 600-850$ max
I doubt the price will be over 1k again like last year, it look like its stabilized and it will stay less than 1k for a 2 year or more
hero member
Activity: 602
Merit: 500
I'd say between 100 and 500, but I would be happy to see 1K+
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
It's starting to look like the ole' 80/20 rule!
80% will lose so that the 20% can win
hero member
Activity: 742
Merit: 500
newbie
Activity: 44
Merit: 0
10k? are u kidding me...we'll be lucky if it even breaks 1k again this fall Cheesy
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