If I could change my vote, I would say 10k actually.
Topic: Official Bitcoin Price Prediction for Dec 31, 2014 - page 8. (Read 19784 times)
2k April
3k August
4k December
!
3k August
4k December
!
A lot of people seem to be thinking along the 10-100-1000-10000 line, but even with catalysts that's a stretch. However a multiple of 1,000 seems reasonable, given growing adoption & traffic.
Exactly. What exactly does 10-100-1000 mean? Sure they are they are nice round numbers and psychologically investors like those numbers. Whether Dow at 5000, 10000, 15000. Bitcoin has to become a lot more mainstream for it to have a market cap over $100B and then $400B...
But I do believe in the long run it will get there...
The bigger the market cap, the more chance we have about bitcoin getting more adopted.
So far, this year looks like the year of the adoption with big companies getting in.
A lot of people seem to be thinking along the 10-100-1000-10000 line, but even with catalysts that's a stretch. However a multiple of 1,000 seems reasonable, given growing adoption & traffic.
Exactly. What exactly does 10-100-1000 mean? Sure they are they are nice round numbers and psychologically investors like those numbers. Whether Dow at 5000, 10000, 15000. Bitcoin has to become a lot more mainstream for it to have a market cap over $100B and then $400B...
But I do believe in the long run it will get there...
A lot of people seem to be thinking along the 10-100-1000-10000 line, but even with catalysts that's a stretch. However a multiple of 1,000 seems reasonable, given growing adoption & traffic.
It's gone up at least 10× every year so far. Don't see any reason why 2014 will be slower. Based on the adoption curve and where we are on it, it should be FASTER. 
LATE EDIT: Forgot to guess: $45,000
LATE EDIT: Forgot to guess: $45,000
People feel intellectually/morally superior by not making optimistic predictions. They believe they are smarter because they say something that could not be considered enthusiastic.
I am intellectually superior. Probably morally superior also
. I am also an optimistic realist. $45k by years end is kind of ridiculous. Think about how much NEW money needs to flow into Bitcoin on 1 year? Almost $350 Billion. Will that ever happen? Probably. 1 year? Too quick I think.would you have thought $1000+ was possible in 2013 when it was ~$10 at the beginning of the year?
Yes, easily
But who cares abt 1000... 5 figures or bust
all the people that got in at 0,1,2,3 figures care
It's gone up at least 10× every year so far. Don't see any reason why 2014 will be slower. Based on the adoption curve and where we are on it, it should be FASTER.
LATE EDIT: Forgot to guess: $45,000
LATE EDIT: Forgot to guess: $45,000
People feel intellectually/morally superior by not making optimistic predictions. They believe they are smarter because they say something that could not be considered enthusiastic.
I am intellectually superior. Probably morally superior also
. I am also an optimistic realist. $45k by years end is kind of ridiculous. Think about how much NEW money needs to flow into Bitcoin on 1 year? Almost $350 Billion. Will that ever happen? Probably. 1 year? Too quick I think.would you have thought $1000+ was possible in 2013 when it was ~$10 at the beginning of the year?
Yes, easily
But who cares abt 1000... 5 figures or bust
It's gone up at least 10× every year so far. Don't see any reason why 2014 will be slower. Based on the adoption curve and where we are on it, it should be FASTER.
LATE EDIT: Forgot to guess: $45,000
LATE EDIT: Forgot to guess: $45,000
People feel intellectually/morally superior by not making optimistic predictions. They believe they are smarter because they say something that could not be considered enthusiastic.
I am intellectually superior. Probably morally superior also
. I am also an optimistic realist. $45k by years end is kind of ridiculous. Think about how much NEW money needs to flow into Bitcoin on 1 year? Almost $350 Billion. Will that ever happen? Probably. 1 year? Too quick I think.would you have thought $1000+ was possible in 2013 when it was ~$10 at the beginning of the year?
It's gone up at least 10× every year so far. Don't see any reason why 2014 will be slower. Based on the adoption curve and where we are on it, it should be FASTER.
LATE EDIT: Forgot to guess: $45,000
LATE EDIT: Forgot to guess: $45,000
People feel intellectually/morally superior by not making optimistic predictions. They believe they are smarter because they say something that could not be considered enthusiastic.
I am intellectually superior. Probably morally superior also
. I am also an optimistic realist. $45k by years end is kind of ridiculous. Think about how much NEW money needs to flow into Bitcoin on 1 year? Almost $350 Billion. Will that ever happen? Probably. 1 year? Too quick I think.
210 votes
cmon guys lets keep the votes coming in
cmon guys lets keep the votes coming in
It's gone up at least 10× every year so far. Don't see any reason why 2014 will be slower. Based on the adoption curve and where we are on it, it should be FASTER.
LATE EDIT: Forgot to guess: $45,000
LATE EDIT: Forgot to guess: $45,000
People feel intellectually/morally superior by not making optimistic predictions. They believe they are smarter because they say something that could not be considered enthusiastic.
i think it will rise to 10,000 somewhere in the year, but it will crash back to about 3000 and then, depending on when the crash and rise happened, it will slowly increase towards 4000~5000 and probably be around that price at the end of the year.
+1 My guess as well.
I dont care what anyone says ITT... 5 figures or bust
Wake me up when btc is at least $10k
Wake me up when btc is at least $10k
What happens at $10k? It's like the magic ceiling we had int he past with the DOW reaching $10k. It's just a number. Do you sell? Do you hold? Are we all richer?
I'll be very rich, that's what will happen. I dunno about you but I like financial freedom. That's why it bugs me when people say "the price does not matter"....umm, yes it does.
Financial freedom seems nice. $10k will do that for you? I'd need more like $40k.
But I honestly don't think we can do much more than $2k by year's end. I hope I'm wrong and you're right.Nah, $10k actually won't do that for me either... but it would be a heck lot of capital for my age and I could quit my job for a few years and try to figure out some other ventures. It would be good capital to make more money and pay off all my debts. With $40k I can possibly retire and live a decent life without being too lavish.
I'll say $3,500.
I dont care what anyone says ITT... 5 figures or bust
Wake me up when btc is at least $10k
Wake me up when btc is at least $10k
What happens at $10k? It's like the magic ceiling we had int he past with the DOW reaching $10k. It's just a number. Do you sell? Do you hold? Are we all richer?
I'll be very rich, that's what will happen. I dunno about you but I like financial freedom. That's why it bugs me when people say "the price does not matter"....umm, yes it does.
Financial freedom seems nice. $10k will do that for you? I'd need more like $40k.
But I honestly don't think we can do much more than $2k by year's end. I hope I'm wrong and you're right.
75000 seems reasonable
I dont care what anyone says ITT... 5 figures or bust
Wake me up when btc is at least $10k
Wake me up when btc is at least $10k
What happens at $10k? It's like the magic ceiling we had int he past with the DOW reaching $10k. It's just a number. Do you sell? Do you hold? Are we all richer?
I'll be very rich, that's what will happen. I dunno about you but I like financial freedom. That's why it bugs me when people say "the price does not matter"....umm, yes it does.
I dont care what anyone says ITT... 5 figures or bust
Wake me up when btc is at least $10k
Wake me up when btc is at least $10k
What happens at $10k? It's like the magic ceiling we had int he past with the DOW reaching $10k. It's just a number. Do you sell? Do you hold? Are we all richer?
It is another one of those psychologically pleasing numbers that may cause a big sell-off.
If it can hit plateaus like this and keep growing, that is a sign of strength.
I dont care what anyone says ITT... 5 figures or bust
Wake me up when btc is at least $10k
Wake me up when btc is at least $10k
What happens at $10k? It's like the magic ceiling we had int he past with the DOW reaching $10k. It's just a number. Do you sell? Do you hold? Are we all richer?
I dont care what anyone says ITT... 5 figures or bust
Wake me up when btc is at least $10k
Wake me up when btc is at least $10k
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