Re: Price at end of 2014?
Yes it will have a price at end of 2014!
What I think it will be matters not.
I would like about $350K please and thank you.
Topic: Price at end of 2014? (Read 22846 times)
I think it will remain within the $300-$600 range throughout 2014. Bitcoin went through a lot of bad things this year in particular and people are more hesistant about it. It will take time to heal though I don't expect it to skyrocket again.
No, it won't skyrockets unless we get some massive good news, due to the problems earlier. 
"At that point, some fiat based currencies will be driven into extinction."
You mean Z$? Surely not US$? Pray, tell us.
You mean Z$? Surely not US$? Pray, tell us.
$502 on 12/31/2014.
Sadly I think that's accurate.
$502 on 12/31/2014.
I think it will remain within the $300-$600 range throughout 2014. Bitcoin went through a lot of bad things this year in particular and people are more hesistant about it. It will take time to heal though I don't expect it to skyrocket again.
looking back to the start of the thread, it is interesting to see the shift in public sentiment. I don't think we will see a new ATH in 2014, but I think we will at least get close to 1k/BTC. Ultimately I wholeheartedly believe we will see astronomical prices in the future, I just don't think the rise will ever be as rapid as Nov/Dec 2013. Bitcoin is under the microscope of almost every major government, and when prices grow the scrutiny of governments is quick to follow...
its about 13 months for each order of magnitude, around Jan this year by my calcs we just cleared $100 floor. 10 K is ok, in 26 months.
What I am really interested in though is the 13 months after that. That's when we see change. Big change. 10k to 100K.
At that point, some fiat based currencies will be driven into extinction.
What I am really interested in though is the 13 months after that. That's when we see change. Big change. 10k to 100K.
At that point, some fiat based currencies will be driven into extinction.
50 usd
What kind of attitude is that? Could you at least elaborate on what your predictions are based on? 
Sad but true.
Actually, I am a little more pessimistic. Bitcoin has a significant marketing problem for people who aren't already into it: Vulnerability.
So far early 2014 has done nothing but reinforce this image to the people I know.
Actually, I am a little more pessimistic. Bitcoin has a significant marketing problem for people who aren't already into it: Vulnerability.
So far early 2014 has done nothing but reinforce this image to the people I know.
Multi sig and insured wallets plus exchanges run by people whose job it is to make money rather than steal or be stolen from is what 2014 is going to be remembered for.
Maybe the price action will be pathetic compared to previous years. What really counts is that the building blocks are being laid for a system with some credibility and sustainability. That's what people should be caring about right now. Once that's in place the gains will flow.
Sad but true.
Actually, I am a little more pessimistic. Bitcoin has a significant marketing problem for people who aren't already into it: Vulnerability.
So far early 2014 has done nothing but reinforce this image to the people I know.
Actually, I am a little more pessimistic. Bitcoin has a significant marketing problem for people who aren't already into it: Vulnerability.
So far early 2014 has done nothing but reinforce this image to the people I know.
BTC can be 5000 USD, they are very useful and scarce, more useful and more scarce than USD certainly.
The inherent risk due to regulation is still on the table. Regulation can be good or bad, it depends.
But now there is another dark cloud, the Gox disease. Goxxing can only be bad for BTC. If the exchange ecosystem does not improve, it does not look good for cryptocurrencies. Gox, Poloniex, Coinex, Vircurex are recent examples, and cannot be considered teething problems anymore.
For large investors the best way forward right now would be to invest 50-50 into ecosystem and coins because the coins will not appreciate without the ecosystem.
We need stable reliable exchanges or decentralized exchanges. Insurance, segregated accounts are also options.
So 5000 and 50 are both on the table, targetwise.
The inherent risk due to regulation is still on the table. Regulation can be good or bad, it depends.
But now there is another dark cloud, the Gox disease. Goxxing can only be bad for BTC. If the exchange ecosystem does not improve, it does not look good for cryptocurrencies. Gox, Poloniex, Coinex, Vircurex are recent examples, and cannot be considered teething problems anymore.
For large investors the best way forward right now would be to invest 50-50 into ecosystem and coins because the coins will not appreciate without the ecosystem.
We need stable reliable exchanges or decentralized exchanges. Insurance, segregated accounts are also options.
So 5000 and 50 are both on the table, targetwise.
50 usd
Exactly $3,731.92
Your guess is as good as mine.
I suspect $2000 (hopefully higher
)
Best Quote for Bitcoin: "First rule of Wall Street, nobody, and I don’t care if you’re Warren Buffett or Jimmy Buffett, nobody knows if a stock’s going up or down, or *ucking sideways, least of all stock brokers. But we pretend to know." ~ The wolf of wall street.
I suspect $2000 (hopefully higher
)Best Quote for Bitcoin: "First rule of Wall Street, nobody, and I don’t care if you’re Warren Buffett or Jimmy Buffett, nobody knows if a stock’s going up or down, or *ucking sideways, least of all stock brokers. But we pretend to know." ~ The wolf of wall street.
Good words! Totaly agree woth you and I think that it's will reach 3,000 dollars by the end of the year
the trendline will be at $4k-5k in end of 2014
a line which bitcoin has followed since 2009
a line which bitcoin has followed since 2009
I'm gonna bloody screenshot everyone's huge increase predictions and PM
them to them at the end of 2014, to rub it in their faces that it didn't rise
to ******* 10 000 USD, rofl.
them to them at the end of 2014, to rub it in their faces that it didn't rise
to ******* 10 000 USD, rofl.
$3200
Your guess is as good as mine.
I suspect $2000 (hopefully higher )
Best Quote for Bitcoin: "First rule of Wall Street, nobody, and I don’t care if you’re Warren Buffett or Jimmy Buffett, nobody knows if a stock’s going up or down, or *ucking sideways, least of all stock brokers. But we pretend to know." ~ The wolf of wall street.
I suspect $2000 (hopefully higher
)Best Quote for Bitcoin: "First rule of Wall Street, nobody, and I don’t care if you’re Warren Buffett or Jimmy Buffett, nobody knows if a stock’s going up or down, or *ucking sideways, least of all stock brokers. But we pretend to know." ~ The wolf of wall street.
You know this was a movie, right? Some people have a much better idea of whether a stock is going up or down than others. I agree though that bitcoin is difficult to predict price-action wise.
Your guess is as good as mine.
I suspect $2000 (hopefully higher )
Best Quote for Bitcoin: "First rule of Wall Street, nobody, and I don’t care if you’re Warren Buffett or Jimmy Buffett, nobody knows if a stock’s going up or down, or *ucking sideways, least of all stock brokers. But we pretend to know." ~ The wolf of wall street.
I suspect $2000 (hopefully higher
)Best Quote for Bitcoin: "First rule of Wall Street, nobody, and I don’t care if you’re Warren Buffett or Jimmy Buffett, nobody knows if a stock’s going up or down, or *ucking sideways, least of all stock brokers. But we pretend to know." ~ The wolf of wall street.
You know this was a movie, right? Some people have a much better idea of whether a stock is going up or down than others. I agree though that bitcoin is difficult to predict price-action wise.
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