Price at end of 2014? - page 10. | Bitcointalksearch.org

guybrushthreepwood

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Quote from: BitChick on December 26, 2013, 03:37:34 PM

What I am trying to say is that $2000 to $3000 is not realistic. That is way too low of a number. Call me crazy or just bring this thread back in December of 2014 and see who was right.

I think I am. I am holding.

So have you put your entire life savings into BTC?

BitChick

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Quote from: hilariousandco on December 26, 2013, 05:51:03 AM

Quote from: BitChick on December 26, 2013, 12:19:08 AM

We went from about $15 at the beginning of 2013 to about $700 right now (we are still not done with 2013 either) and most of you think all it will do in 2014 will rise to $2000-$7000? BTC increased in value about 50x this year. If we multiply $700 X 50 we get $35,000. I think that is totally realistic because people are just starting to hear about BTC and we are on the brink of more companies using and accepting BTC as well.

My expectations, that are based on the past behavior of BTC and the exponential growth rate is that we will hit $35,000 to even $50,000 by the end of next year.

Except it doesn't work like this. You can't assume that because it grew so much in one year it will continue to do so the next.

But it already has worked like this for the past couple of years, and next year should be an even bigger year with news, more companies investing, wall street getting involved. I think I am being really conservative with these numbers basing it on this year's growth. It could be even more then this. I am not the only one that believes this either and I am not just guessing at these numbers. This is just based on the adoption curve of new technologies and there has been proof already that we are on a logarithmic growth scale that seems to be fairly accurate. The big "crashes" just bring the price closer to this scale and we continue on. The really good traders out there are the ones that can predict when the price is over this growth rate and sell accordingly. I am not always confident that the price will keep dropping or when the top of the rises are so I just hold but there is some definite math involved here that can be used if studied.

What I am trying to say is that $2000 to $3000 is not realistic. That is way too low of a number. Call me crazy or just bring this thread back in December of 2014 and see who was right.

I think I am. I am holding.

Parazyd

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Space Lord

My prophecy is getting close Cheesy

Choo choo!

Timetwister

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There's so much optimism in this thread, that I don't think it will be much higher in 1 year. We need another big crash before it jumps.

igorr

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40-60 USD

Ducky1

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Quote from: black_swan on December 26, 2013, 09:46:55 AM

I think it will go up to $2k around February, slowly decreasing to $1k and have another bubble beginning in October up to $3k.
By the end of 2014 we should be at $1.5k-$1.7k. We will not see crazy rallies as for the past years anymore
If LTC is introduced in gox, add $500 to the numbers above

Bitcoin bubbles are not +50%, they are x10 to x25.

Ducky1

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Quote from: empoweoqwj on December 26, 2013, 03:34:44 AM

Quote from: Ducky1 on December 26, 2013, 02:28:52 AM

Quote from: empoweoqwj on December 25, 2013, 08:35:56 PM

Quote from: Ducky1 on December 25, 2013, 10:41:01 AM

If its the same distance to the exponential trendline as now the price would be at roughly $7000. If its at the trendline the price will be roughly $2500, and if its at the bottom trendline it will be around $750. The most optimistic value would be $10000. If there is a S-kurve developing, there can be no resonable upper price limit imho. So basically more than $750 and less than infinite (probaly less than $10000).

Less than infinite? You are a genius sir

It will become infinity when $ dies (not next year) Wink

1) $ isn't the only currency in the world. Hardly the most important these days.
2) Learn something about infinity before applying it to ..... anything.

1) Since everybody else was using $ I did that to.. We can use ounces of gold instead maybe?
2) What do you want me to learn about

black_swan

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I think it will go up to $2k around February, slowly decreasing to $1k and have another bubble beginning in October up to $3k.
By the end of 2014 we should be at $1.5k-$1.7k. We will not see crazy rallies as for the past years anymore
If LTC is introduced in gox, add $500 to the numbers above

stompix

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Blackjack.fun

Quote from: Parazyd on December 26, 2013, 08:43:36 AM

^^ "Let's print more cash so it's worth even less." That's what I think of USD.

And then , taking China into account , how does it sound to peg your currency (the yuan) to this worthless junk like the $.
Not the best move right?

empoweoqwj

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Quote from: Parazyd on December 26, 2013, 08:43:36 AM

^^ "Let's print more cash so it's worth even less." That's what I think of USD.

Exactly.

Parazyd

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Space Lord

^^ "Let's print more cash so it's worth even less." That's what I think of USD.

empoweoqwj

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Quote from: stompix on December 26, 2013, 07:58:51 AM

Quote from: empoweoqwj on December 26, 2013, 07:39:44 AM

Hybrids are all the rage these days. It can be currency, commodity, protocol and so much more.

As for the US$, I just don't believe in it as a viable currency going forward. You can only have your cake and eat it for so long. The US has gorged itself. What's the current debt? How many zeros does it have after it?

So its sunk right now. Just will take a while to "unwind". And the US owes most of the money they can't pay back to China, so draw your own conclusions from that.

I have the impression you're avoiding the question

So , what's the currency or commodity or something that is more important than the $ right now?

The dollar is dead. Any major currency that isn't in the level of debt the $ is in is more important right now. I've already mentioned China. You can find the rest yourself. If that's avoiding the issue, so be it.

stompix

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Blackjack.fun

Quote from: empoweoqwj on December 26, 2013, 07:39:44 AM

Hybrids are all the rage these days. It can be currency, commodity, protocol and so much more.

As for the US$, I just don't believe in it as a viable currency going forward. You can only have your cake and eat it for so long. The US has gorged itself. What's the current debt? How many zeros does it have after it?

So its sunk right now. Just will take a while to "unwind". And the US owes most of the money they can't pay back to China, so draw your own conclusions from that.

I have the impression you're avoiding the question

So , what's the currency or commodity or something that is more important than the $ right now?

empoweoqwj

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Quote from: stompix on December 26, 2013, 07:31:50 AM

Quote from: empoweoqwj on December 26, 2013, 05:45:47 AM

Quote from: stompix on December 26, 2013, 04:01:46 AM

Quote from: empoweoqwj on December 26, 2013, 03:34:44 AM

Quote from: Ducky1 on December 26, 2013, 02:28:52 AM

Quote from: empoweoqwj on December 25, 2013, 08:35:56 PM

Quote from: Ducky1 on December 25, 2013, 10:41:01 AM

If its the same distance to the exponential trendline as now the price would be at roughly $7000. If its at the trendline the price will be roughly $2500, and if its at the bottom trendline it will be around $750. The most optimistic value would be $10000. If there is a S-kurve developing, there can be no resonable upper price limit imho. So basically more than $750 and less than infinite (probaly less than $10000).

Less than infinite? You are a genius sir

It will become infinity when $ dies (not next year) Wink

1) $ isn't the only currency in the world. Hardly the most important these days.
2) Learn something about infinity before applying it to ..... anything.

So , which is the most important in your view?
Because by the way you said that , there are a lot more important that $ and I really can't figure them out.

bitcoin obviously Wink

Seriously, the dollar has to collapse under the weight of its debt within the next 18 months. Other currencies will step up to fill the void, bitcoin included we all hope. But not to infinity or beyond...

Before that bitcoin should solve the Schrodinger dilemma and become either currency or commodity or god knows what it is right now

.

BUT
You said right now , not in the future.
So , which are more important right now? Not in the 18 months you think the dollar will collapse which I find it rather impossible.

Hybrids are all the rage these days. It can be currency, commodity, protocol and so much more.

As for the US$, I just don't believe in it as a viable currency going forward. You can only have your cake and eat it for so long. The US has gorged itself. What's the current debt? How many zeros does it have after it?

So its sunk right now. Just will take a while to "unwind". And the US owes most of the money they can't pay back to China, so draw your own conclusions from that.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: empoweoqwj on December 26, 2013, 05:45:47 AM

Quote from: stompix on December 26, 2013, 04:01:46 AM

Quote from: empoweoqwj on December 26, 2013, 03:34:44 AM

Quote from: Ducky1 on December 26, 2013, 02:28:52 AM

Quote from: empoweoqwj on December 25, 2013, 08:35:56 PM

Quote from: Ducky1 on December 25, 2013, 10:41:01 AM

If its the same distance to the exponential trendline as now the price would be at roughly $7000. If its at the trendline the price will be roughly $2500, and if its at the bottom trendline it will be around $750. The most optimistic value would be $10000. If there is a S-kurve developing, there can be no resonable upper price limit imho. So basically more than $750 and less than infinite (probaly less than $10000).

Less than infinite? You are a genius sir

It will become infinity when $ dies (not next year) Wink

1) $ isn't the only currency in the world. Hardly the most important these days.
2) Learn something about infinity before applying it to ..... anything.

So , which is the most important in your view?
Because by the way you said that , there are a lot more important that $ and I really can't figure them out.

bitcoin obviously Wink

Seriously, the dollar has to collapse under the weight of its debt within the next 18 months. Other currencies will step up to fill the void, bitcoin included we all hope. But not to infinity or beyond...

Before that bitcoin should solve the Schrodinger dilemma and become either currency or commodity or god knows what it is right now

.

BUT
You said right now , not in the future.
So , which are more important right now? Not in the 18 months you think the dollar will collapse which I find it rather impossible.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: hilariousandco on December 26, 2013, 06:11:41 AM

Quote from: empoweoqwj on December 26, 2013, 06:02:20 AM

Quote from: hilariousandco on December 26, 2013, 05:51:03 AM

Quote from: BitChick on December 26, 2013, 12:19:08 AM

We went from about $15 at the beginning of 2013 to about $700 right now (we are still not done with 2013 either) and most of you think all it will do in 2014 will rise to $2000-$7000? BTC increased in value about 50x this year. If we multiply $700 X 50 we get $35,000. I think that is totally realistic because people are just starting to hear about BTC and we are on the brink of more companies using and accepting BTC as well.

My expectations, that are based on the past behavior of BTC and the exponential growth rate is that we will hit $35,000 to even $50,000 by the end of next year.

Except it doesn't work like this. You can't assume that because it grew so much in one year it will continue to do so the next.

Yep. If only life was so simple. If it did increase the same amount % as 2013 year on year for several years we would indeed get pretty close to infinity pretty quickly. Its not gonna happen. I would settle for a 2 to 3 times increase in 2014.

Yeah, I mean don't get me wrong, I think it is going to grow by quite a bit in 2014, but it could also crash quite a lot too. Governments may start clamping down or restricting it, and just look what effect China alone had on the value.

On the plus side, it went from $20 to $1000 this year, and currently $750, so its been a good 2013

hilariousandco

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Quote from: empoweoqwj on December 26, 2013, 06:02:20 AM

Quote from: hilariousandco on December 26, 2013, 05:51:03 AM

Quote from: BitChick on December 26, 2013, 12:19:08 AM

We went from about $15 at the beginning of 2013 to about $700 right now (we are still not done with 2013 either) and most of you think all it will do in 2014 will rise to $2000-$7000? BTC increased in value about 50x this year. If we multiply $700 X 50 we get $35,000. I think that is totally realistic because people are just starting to hear about BTC and we are on the brink of more companies using and accepting BTC as well.

My expectations, that are based on the past behavior of BTC and the exponential growth rate is that we will hit $35,000 to even $50,000 by the end of next year.

Except it doesn't work like this. You can't assume that because it grew so much in one year it will continue to do so the next.

Yep. If only life was so simple. If it did increase the same amount % as 2013 year on year for several years we would indeed get pretty close to infinity pretty quickly. Its not gonna happen. I would settle for a 2 to 3 times increase in 2014.

Yeah, I mean don't get me wrong, I think it is going to grow by quite a bit in 2014, but it could also crash quite a lot too. Governments may start clamping down or restricting it, and just look what effect China alone had on the value.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: hilariousandco on December 26, 2013, 05:51:03 AM

Quote from: BitChick on December 26, 2013, 12:19:08 AM

We went from about $15 at the beginning of 2013 to about $700 right now (we are still not done with 2013 either) and most of you think all it will do in 2014 will rise to $2000-$7000? BTC increased in value about 50x this year. If we multiply $700 X 50 we get $35,000. I think that is totally realistic because people are just starting to hear about BTC and we are on the brink of more companies using and accepting BTC as well.

My expectations, that are based on the past behavior of BTC and the exponential growth rate is that we will hit $35,000 to even $50,000 by the end of next year.

Except it doesn't work like this. You can't assume that because it grew so much in one year it will continue to do so the next.

Yep. If only life was so simple. If it did increase the same amount % as 2013 year on year for several years we would indeed get pretty close to infinity pretty quickly. Its not gonna happen. I would settle for a 2 to 3 times increase in 2014.

hilariousandco

global moderator

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Join the world-leading crypto sportsbook NOW!

Quote from: BitChick on December 26, 2013, 12:19:08 AM

We went from about $15 at the beginning of 2013 to about $700 right now (we are still not done with 2013 either) and most of you think all it will do in 2014 will rise to $2000-$7000? BTC increased in value about 50x this year. If we multiply $700 X 50 we get $35,000. I think that is totally realistic because people are just starting to hear about BTC and we are on the brink of more companies using and accepting BTC as well.

My expectations, that are based on the past behavior of BTC and the exponential growth rate is that we will hit $35,000 to even $50,000 by the end of next year.

Except it doesn't work like this. You can't assume that because it grew so much in one year it will continue to do so the next.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: stompix on December 26, 2013, 04:01:46 AM

Quote from: empoweoqwj on December 26, 2013, 03:34:44 AM

Quote from: Ducky1 on December 26, 2013, 02:28:52 AM

Quote from: empoweoqwj on December 25, 2013, 08:35:56 PM

Quote from: Ducky1 on December 25, 2013, 10:41:01 AM

If its the same distance to the exponential trendline as now the price would be at roughly $7000. If its at the trendline the price will be roughly $2500, and if its at the bottom trendline it will be around $750. The most optimistic value would be $10000. If there is a S-kurve developing, there can be no resonable upper price limit imho. So basically more than $750 and less than infinite (probaly less than $10000).

Less than infinite? You are a genius sir

It will become infinity when $ dies (not next year) Wink

1) $ isn't the only currency in the world. Hardly the most important these days.
2) Learn something about infinity before applying it to ..... anything.

So , which is the most important in your view?
Because by the way you said that , there are a lot more important that $ and I really can't figure them out.

bitcoin obviously Wink

Seriously, the dollar has to collapse under the weight of its debt within the next 18 months. Other currencies will step up to fill the void, bitcoin included we all hope. But not to infinity or beyond...

Topic: Price at end of 2014? - page 10. (Read 22855 times)