Topic: Predictions through 2016 - page 2. (Read 2584 times)

You are not still explaining how did you come to your conclusion. Therefore, your prediction is total bullshit.
Also can't you see I am telling you with 100% certainty (with confidence I might add) that you are total bullshit while you are only speculating with baseless assumptions?

Care to put your money where your mouth is?

$10k by the end of 2016:
http://betsofbitco.in/item?id=1532

It's not bs, it's speculation based on hypothetical situations dealing with business and consumer engagement moving forward. If it were bs, you could tell me with 100% certainty that I'm not correct (which you can't do unless you can predict the future).

Unless you can explain your speculation with some formula, it's all bs.
My simple speculation of gut feeling is about $2000/BTC around Dec 2016.

Think your curve is too smoothly linear, there will be greater peaks and troughs
But largely okay with the logic

I have done my own speculation over the past few months (like everyone else) and am confident in my theories.
This entire post does not take into consideration an Alt coin picking up steam and surpassing Bitcoin (because I don't see it happening).

Dec '14 = $1,600
Bitcoin will grow this year, but not as quickly as the following two years due to all of the recent negative press. There will surely be more coming this year, but this isn't necessarily a bad thing. What doesn't kill BTC will only make it stronger. We've seen growth through the nastiest news so far (cough mtgox). If the price can remain stable with $550 Million missing, I'm confident in Bitcoin moving forward.

Jul '15 = $2,900
Bitcoin is added as payment options for some more big companies after they have evaluated how it's worked with TigerDirect, Overstock, etc. Some jump on board and open the gates for more new Bitcoin users. Around this time, I see Google testing the implementation of some Bitcoin payment methods (paying for services such as Drive, etc).

(Between Jul '15 and Dec '15, we should see a smooth system to get Bitcoins to consumers much easier than now, preferably by a company with a long-standing reputation worldwide)

Dec '15 = $5,500
After business success with Bitcoin, we have our first Fortune 100 company adopt Bitcoin as a payment method. Sit back and watch the growth continue to skyrocket.

Jul '16 = $9,900
More businesses and average folks are adopting Bitcoin faster than ever before because they are seeing how easy it is to get Bitcoins and make purchases, and realize the freedom it offers. A switch to mBTC might be beneficial, since people unfamiliar with Bitcoin do not buy because they 'cannot afford the price'. mBTC will eliminate any confusion with this for the n00bs. Plus, as the price grows, it only makes sense to work in mBTC.

Dec '16 = $16,000+
I don't think Dec '16 needs an explanation based on the previous comments. More and more companies will adopt Bitcoin as a payment method. Wall Street takes it seriously and gets involved in one form or another. As Bitcoin becomes more popular, the price will continue to rise until demand slows down, which I see happening in later years (2018, 2019).

My anticipation is a peak price during it's lifetime of ~$25,000 (probably mid-end of 2017) and come 2019-2020, we'll see it drop and level out around $15,000

In any event, I currently don't have a whole lot of BTC but I do plan on buying more and holding.