Happy new year 2014!
21.2% of the voters predicted the price correctly! Rate ended up well over $310, at about $740.
Thanks to everyone who voted!
Topic: POLL: BTC/USD rate at the end of December 2013? (Read 3865 times)
Bitcoin seems to spike every 7 to 8 months as per the price history. 7 months is at November 10th....so to be safe I expect a spike higher than the ATH between November to occur between NOVEMBER 10 and DECEMBER 10.
Of course I could be completely wrong.
Or the price could continue to spike higher even after December 10th.
Of course I could be completely wrong.
Or the price could continue to spike higher even after December 10th.
Yay! Poll is now closed after 3 months of voting. We got 212 votes and a nice dispersion of votes.
It's funny, because the $266 bubble started at $13.
Double digits to triple digits.
Now, we are in triple digits and many people (who think in linear numbers not % movement) simply cannot comprehend going from $130 to $2660. "That's too high! That's ridiculous!" Even though we have made such moves numerous times in the past.
But the chinamen wouldn't mind going from CNY1000 to CNY26600!
We could go to quadruple digits.
Or we could crash again and land in single digits.
Or you could die in a car accident tomorrow and never find out.
Double digits to triple digits.
Now, we are in triple digits and many people (who think in linear numbers not % movement) simply cannot comprehend going from $130 to $2660. "That's too high! That's ridiculous!" Even though we have made such moves numerous times in the past.
But the chinamen wouldn't mind going from CNY1000 to CNY26600!
We could go to quadruple digits.
Or we could crash again and land in single digits.
Or you could die in a car accident tomorrow and never find out.
thanks for reminding
we make history. this is the best games of all. or a tragedy. let´s better enjoy it as long as it is wild. (life is short.)
It's funny, because the $266 bubble started at $13.
Double digits to triple digits.
Now, we are in triple digits and many people (who think in linear numbers not % movement) simply cannot comprehend going from $130 to $2660. "That's too high! That's ridiculous!" Even though we have made such moves numerous times in the past.
But the chinamen wouldn't mind going from CNY1000 to CNY26600!
We could go to quadruple digits.
Or we could crash again and land in single digits.
Or you could die in a car accident tomorrow and never find out.
Double digits to triple digits.
Now, we are in triple digits and many people (who think in linear numbers not % movement) simply cannot comprehend going from $130 to $2660. "That's too high! That's ridiculous!" Even though we have made such moves numerous times in the past.
But the chinamen wouldn't mind going from CNY1000 to CNY26600!
We could go to quadruple digits.
Or we could crash again and land in single digits.
Or you could die in a car accident tomorrow and never find out.
Now when the bitcoin price starter going up again, it's a bump time.. and soon the voting closes!
Vote now before it's too late.
Vote now before it's too late.
hm... voted 151- 170
guess that was to conservative...
Now when the bitcoin price starter going up again, it's a bump time.. and soon the voting closes!
Vote now before it's too late.
Vote now before it's too late.
I've got my money on the price being higher than $266 sometime from now until the end of the year.
Trace Mayer has these numbers for Bitcoin/USD fx rate growth each year:
2009 4,867%
2010 387%
2011 1,320%
2012 170%
So a guesstimate of $131-150 at the end of this year would be about 900-1000% growth, which is pretty phenomenal.
Maybe 2014 will be a "lowish" growth year of about 200%
http://www.runtogold.com/bitcoin-price/
i dont think the price will drop off bit it wont grow either. 2009 4,867%
2010 387%
2011 1,320%
2012 170%
So a guesstimate of $131-150 at the end of this year would be about 900-1000% growth, which is pretty phenomenal.
Maybe 2014 will be a "lowish" growth year of about 200%
http://www.runtogold.com/bitcoin-price/
Time for a bump.. almost 2/3 of the voting time has passed. A bit over month to go and we're done!
bump!!!
I guess we would've break 300 USD easily if MtGox didn't start to have issues (which was the main reason for big drop I think).
The main reason was the over-inflated bubble, which everybody knew would burst.
MtGox's server problems were the spark that ignited the powder keg. I had my sell order in at 320 at Virtex which went up to 290 before crashing. Close, but no cigar. Might have missed by a day.
The 6 week downtrend starting in the 130s was completely different. It was sparked by the US DHS seizures at Dwolla and Liberty Reserve, MtGox introducing KYC identification two days later, and the ensuing withdrawal suspension. It culminated with panic selling all the way down to 66 a few days after withdrawals resumed (sort of). The big benefit to Bitcoin was the reduction in market share of the one exchange whose problems had the potential to seriously affect the market. That and the opportunity to buy coins while they were ridiculously cheap.
I can't tell if the poll is full of trolls or if we will actually break 300 in 4 months... 
Well, only 1/5 of votes.
I think it wouldn't be -that- amazing if we actually broke 300. I guess we would've break 300 USD easily if MtGox didn't start to have issues (which was the main reason for big drop I think).
I can't tell if the poll is full of trolls or if we will actually break 300 in 4 months...
bump
if we are on the bottom line $100
if we are on the top line, $700
so between those two
if we are on the top line, $700
so between those two
The last week of the year is precisely when the price will beat the last high in April 2013.
The price will slowly decrease after the end of the year, from $100 to $75
I think might stabilise at it's current levels because more and more people are getting into it now, either that or it will start getting higher and higher depending on what our governments do with their money but it will definitely be a lot more stable.
Trace Mayer has these numbers for Bitcoin/USD fx rate growth each year:
2009 4,867%
2010 387%
2011 1,320%
2012 170%
So a guesstimate of $131-150 at the end of this year would be about 900-1000% growth, which is pretty phenomenal.
Maybe 2014 will be a "lowish" growth year of about 200%
http://www.runtogold.com/bitcoin-price/
2009 4,867%
2010 387%
2011 1,320%
2012 170%
So a guesstimate of $131-150 at the end of this year would be about 900-1000% growth, which is pretty phenomenal.
Maybe 2014 will be a "lowish" growth year of about 200%
http://www.runtogold.com/bitcoin-price/
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