Topic: Price of BTC end of 2014 - page 3. (Read 4698 times)

I think it will stay a little bit the same for a long time now. No big changes i think.

Around $150 with bearish tendency.

I think, all crypto coins will be regulated nearly to it's death and solely continues to exist in the underground economy, primary for
a) small illegal business
b) hiding assets from the wife during a divorce
c) hiding assets from the authorities during living off social security (some countries requires you to spend almost all your money before you get help in case of unemployment)
d) hiding assets from the authorities while pretent to be insolvent

Because of the regulation and an obscure overcomplicated taxation system, BTC will never exists as an easy-to-use payment like PayPal, Credit Card or some future Apple or Amazon payment method. If the avarge Joe choices to invest to BTC anyway, he has the choice between weeks long verification marathons OR travelling a long distance for a meeting with a shady person or even a cop which arrests him, accusing him to laundry money (maybe not a problem if smart Joe will convert his fiat to BTC in many but small portions).

I think, the EU will also regulate Bitcoin sooner or later.

Maybe $700

that will be cool   to  buy some coins

and let's not forget to mention that it will soon be banned in China, Vietnam, Russia, India (raid), prob. Japan and regulated in the US. IMO, it would take something phenomenal to bring BTC up to $5K. (Do you even realize how much fresh capital we need for $5K?)

I'm in accord to some of the comments above with respect to btc going anywhere and also to comments about the fact that the common person seems to give two satoshis about it (with all due respect to common people and the use of the phrase in a very clearly elitist sense, but colloquial nonetheless, and ironic if you think about it's use in that sense...); also agree about btc being niche. It is. It's very white techie male, western world, etc.

Anyway, my opinion on price is that we will eventually get to a handsome point, but we will have to go under the knife, look in the mirror, and take the bandages off, and we may not see what we like, which makes the epistemological exercise of bitcoin sort of suspicious in the long run as a profit-driven thing.

VC money is a good indicator, but not a unilateral one, of course. Flows of money and brains in look good. Will it translate to value by end of year? I don't know. Maybe. Not a yes.

While were on it, what is value? We define it benchmarked to USD. And that's fair. But it's the endpoint for which real value works backward from--ie I trade fiat units for real value: food, shelter, power, time, etc.

Bitcoin helps in those real value 'things' above, but we haven't teased out the best ways to do it yet, and the public doesn't see it. People on bitcointalk are prescient in the sense that they are here to know 'something' is happening, but they have no idea the course it's going to take in detail. So we all gather here because we're invested I it and most of us believe in it to some extent--a context ripe for bias.

Go with what your intuition says and think back to when you first heard about bitcoin--before you invested. What did you think? It was tabula rasa then. It is now a muddy dark and ugly picture. What does your old self do given that?

Extrapolate.

But,
Let's throw a number at the wall and see if it sticks:

End of 2014: bitcoin value in USD: 950

Ohh I wish ... They I could buy many cheap coins ... but this is relatively not really possible

(not impossible either..)

Somewhere around $200

Theres no reason for the average joe to invest in BTC. after gox, china, etc... everyone has lost quite a bit of faith in the technology. btc is supposed to be a currency, not a trading item built out of speculation. also it wont ever replace the tools we use in modern life. its a niche item where all investors feel entitled to become millionnaires, so ridiculous

I will say ... $4000. This is quite possible and I wouldn't be surprised

$2000 at year end but will hit $5000 before that

$2000 to $5000 depending on the timing of the bubble followed by correction.

around $2500

I will go out on a limb and say that we may his $1337. Dont know if it will be sustainable, i think once we get close to $1k again there will be significant resistance

$471

True lol, at least 95% people here on bitcointalk are holding bitcoin and believe bitcoin will be a big success

yet another feel good survey, for pple obviously invested in bitcoin already.

I say it will go above 1000 

$1500 is my prediction, sounds the most logical to me. Some people saying $6000? Sounds unrealistic to me in case miracle happens.

For the end of 2014, I think I'll call it at $1,557.03

I think it will be in the $800-1000 range.  And an increase in BTC means an increase in value of other solid alts that have been weighed down by the low BTC prices.  I'm excited to see it finally take off after the rough year we've had.