Topic: price over the next month (Read 2202 times)
Given how the price has risen significantly even though mtgox's dwolla account was taken down, the price will most likely continue going up
My guess is above $150 which is the first target. If Ebay or Paypal starts accepting bitcoin, it will rocket!
I think $150-$200+
..because China, India and Principality of Sealand
..because China, India and Principality of Sealand
LOL!
The Bitcoin Fund is going to be the #1 ETF on the planet.
Big money speculators will flood in.
>500
Big money speculators will flood in.
>500
Darf ich auch mal Eure Kristallkugel benutzen?
the Chinese government has come out publicly in favor of Btc as a global currency...
Do you have a link for this statement?
I think $150-$200+
..because China, India and Principality of Sealand
..because China, India and Principality of Sealand
......
I think $150-$200+
..because China, India and Principality of Sealand
..because China, India and Principality of Sealand
Just missed the vote...
But I can tell you that I fully expect Btc to be over $200 USD within a month...
The prices are being kept artificially low through the efforts of a few...
the Chinese government has come out publicly in favor of Btc as a global currency...
and once 1.3 billion chinese citizens get on board scrambling around for 11 million bitcoins...
the sky is the limit...
and being stuck in newbieville sucks balls...
But I can tell you that I fully expect Btc to be over $200 USD within a month...
The prices are being kept artificially low through the efforts of a few...
the Chinese government has come out publicly in favor of Btc as a global currency...
and once 1.3 billion chinese citizens get on board scrambling around for 11 million bitcoins...
the sky is the limit...
and being stuck in newbieville sucks balls...
I'll throw my guesstimate in at $185.
i suspect stability at around 120-130. and then a drop, once more and more asic hit the streets. and then a rise to 250-300 right after christmas, once everybody starts seeing theire coin income dry up in the wake of everybody sitting on some kind of asic or another.
I then say it hits 500 for the first time, around juli 2014. just before the next gen asics comes along.
My 2 cents
I then say it hits 500 for the first time, around juli 2014. just before the next gen asics comes along.
My 2 cents
I predict the next gen asics for 2013. Pretty sure, Team Avalon is already working on a 55nm chip.
i suspect stability at around 120-130. and then a drop, once more and more asic hit the streets. and then a rise to 250-300 right after christmas, once everybody starts seeing theire coin income dry up in the wake of everybody sitting on some kind of asic or another.
I then say it hits 500 for the first time, around juli 2014. just before the next gen asics comes along.
My 2 cents
I then say it hits 500 for the first time, around juli 2014. just before the next gen asics comes along.
My 2 cents
hoping for slow, steady rise
the price freeze at 120btc
as it goes past 130 lol 
I think it will go way up but instead of normal people mining it, it will be used as the backbone or support for other electronic currencies such as litecoin NMC etc.
the price freeze at 120btc
looks like people are starting to vote more in the 150-200 range now that its going up haha 
The price will spike during the next period of financial/social unrest or when the mainstream media picks up the stories again.
I found this site today: http://bitbet.us/
I guess you can make a bet if you feel one way or another?
I found this site today: http://bitbet.us/
I guess you can make a bet if you feel one way or another?
ya and for it to drop and not go as far down as one would think...i mean for it to be even worth more than one dollar is huge, let a lone that it is worth hundreds of dollars lets you know that these will just continue to go up.
The price will spike during the next period of financial/social unrest or when the mainstream media picks up the stories again.
I found this site today: http://bitbet.us/
I guess you can make a bet if you feel one way or another?
I found this site today: http://bitbet.us/
I guess you can make a bet if you feel one way or another?
IMO - the reason why BTC price is volatile right now is because it is priced low.
Imagine a $21 Billion economy. That makes 1 BTC worth about $1000. When you start to get to that level and then the price rises or falls by $20... it won't be such a big deal.
Right now, those swings are huge though - and hurt the usefulness of BTC as a purchasing tool.
I believe that long term the price will rise as more business accept BTC as payment... that is simply a matter of time. So many benefits yet to be realized. Many content businesses - big or small - can benefit from micro payments (it's one of those things that should have happened 20 years ago but couldn't because of the banking system). Porn... goes without saying.. they will embrace it. Brick and mortar... it's dead easy to set up and there is high incentive to do so because it is cheap. Obviously, online websites would do well to accept BTC... and again, dead simple.
Those are the reasons I have faith in the future of BTC and it's value going up significantly.
Imagine a $21 Billion economy. That makes 1 BTC worth about $1000. When you start to get to that level and then the price rises or falls by $20... it won't be such a big deal.
Right now, those swings are huge though - and hurt the usefulness of BTC as a purchasing tool.
I believe that long term the price will rise as more business accept BTC as payment... that is simply a matter of time. So many benefits yet to be realized. Many content businesses - big or small - can benefit from micro payments (it's one of those things that should have happened 20 years ago but couldn't because of the banking system). Porn... goes without saying.. they will embrace it. Brick and mortar... it's dead easy to set up and there is high incentive to do so because it is cheap. Obviously, online websites would do well to accept BTC... and again, dead simple.
Those are the reasons I have faith in the future of BTC and it's value going up significantly.
one of the first newbie statements that I like- your spot on. (as long as you mean volatility as in the big scheme of things. cuz as of now its the most stable ive seen it.)
ya the amount of money in the world is estimated at 60 trillion. i think this is low ball park though. anyways anyone want to guess what one percent of 60T is? easy 600B yep. that is one percent of the worlds fiat money 600 billion. if just one percent of the worlds money was in BTC then what do you get?
well first how many bitcoins are out there? lets go with a nice round number. so in the beginning of 2014 feb-march there will be 12million bitcoins. imagin if by that time or say this time next year we have that one percent of the worlds money in bitcoins.
so 600B divide by 12M you get your price per bitcoin. the answer is- 50,000.00 per bitcoin. you think that one hundred and fifty is to high for this currency? ha. i keep telling people that ANY PRICE UNDER THE LAST ATH IS THE BEST BERGEN EVER!!!!! hell even at 500 you are gold. but you get more if you buy now.
people think this 1,000 per bit is a pipe dream or some ridiculous idea. i think no. i think 1,000 is just the beginning.
this is all based on just one percent of the worlds money. imagine it...just one percent of what you make each year. hell in religion it is common to give 10% ... 1% is nothing. we give well over 33% to the government in taxes...thats JUST income taxes. then tax on top of tax of any purchase. another 3% and tax on land and almost everything else.
one percent is doable. and if you relay want to be conservative then halve that. say only 1/2 of 1% then you get 25,000. per bitcoin.
people need to wake up and get in now! BTC is so incredibaly undervalued that its as if you can buy BTC at LTC prices.
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