The $1000 Bitcoin, yes it's worth at least that. - page 2.

Dorrace

member

Activity: 70

Merit: 10

Quote from: teukon on August 31, 2013, 10:25:57 PM

Quote from: Dorrace on August 31, 2013, 05:46:54 PM

ıts a gamble you dont know exctly whıch way ıt wıll swıng because yes there ıs a chance ıt can drop down to 5 bucks and yes there ıs a chance ıt can go up to 1,000 but the 5 bucks ıs a bıt more belıevable sınce we have seen ıt there before, people seem to have a harder tıme tryıng to belıeve somethıng they have not seen before but ı dont blame them.

A market rate of more than 71 USD/BTC suggests that the market finds a future value of 1000 USD/BTC more likely than one of 5 USD/BTC. An investor that finds 5 USD/BTC more believable than 1000 USD/BTC should want to sell.

wel thats exactly what ım sayıng ı belıeve the coın wıll move up to 1,000 but also because ı want to belıeve.

but also ı see enough evıdence to suggest ıt wıll. but alot of people are skeptıcal and wont belıeve somethıng tıl they see ıt ın whıch case they wıll stop and say "oh well ı should have bought bıtcoın back when ıt was $150"

virtualmaster

hero member

Activity: 504

Merit: 500

The forces which are moving the bitcoin prices are changing in every stage.
Between 100$ and 1.000$ they are small to middle size economic interests.
When bitcoin prices will achieve 1.000 $ it will be enough liquidity for bigger deals also.
May be the OPEC countries will make a conference to sell oil only for bitcoins instead of USD and that will move the bitcoin price toward 10.000 USD. (only the rumor that could happen)

teukon

legendary

Activity: 1246

Merit: 1011

Quote from: Dorrace on August 31, 2013, 05:46:54 PM

ıts a gamble you dont know exctly whıch way ıt wıll swıng because yes there ıs a chance ıt can drop down to 5 bucks and yes there ıs a chance ıt can go up to 1,000 but the 5 bucks ıs a bıt more belıevable sınce we have seen ıt there before, people seem to have a harder tıme tryıng to belıeve somethıng they have not seen before but ı dont blame them.

A market rate of more than 71 USD/BTC suggests that the market finds a future value of 1000 USD/BTC more likely than one of 5 USD/BTC. An investor that finds 5 USD/BTC more believable than 1000 USD/BTC should want to sell.

Dorrace

member

Activity: 70

Merit: 10

Quote from: DyslexicZombei on August 31, 2013, 03:35:26 PM

Which is a 60% greater chance? BTC at oh $5 or BTC at $1K in 2014-2015? Huh

As a network engineer and an amateur futurist I think we'll see someone or some group ship low cost, self-powered pop up mesh networks by then as Moore's Law continues to take effect on IT hardware costs & demand for high speed wireless in non-traditional areas surges all over the world. I'll let you imagine a worldwide invisible mesh network that is best utilized via a non-centralized crytocurrency or set of cryptocurrencies (to the point where spell checkers quit flagging both of these terms!)

Nice find BTW! Way to mine the archives. Grin

ıts a gamble you dont know exctly whıch way ıt wıll swıng because yes there ıs a chance ıt can drop down to 5 bucks and yes there ıs a chance ıt can go up to 1,000 but the 5 bucks ıs a bıt more belıevable sınce we have seen ıt there before, people seem to have a harder tıme tryıng to belıeve somethıng they have not seen before but ı dont blame them.

but consıderıng network dıffıculty rıses and bıtcoın ıs beıng more wıdely accepted now though ı prefer ıt a method of hoardıng my moneys.

DyslexicZombei

sr. member

Activity: 364

Merit: 250

Which is a 60% greater chance? BTC at oh $5 or BTC at $1K in 2014-2015? Huh

As a network engineer and an amateur futurist I think we'll see someone or some group ship low cost, self-powered pop up mesh networks by then as Moore's Law continues to take effect on IT hardware costs & demand for high speed wireless in non-traditional areas surges all over the world. I'll let you imagine a worldwide invisible mesh network that is best utilized via a non-centralized crytocurrency or set of cryptocurrencies (to the point where spell checkers quit flagging both of these terms!)

Nice find BTW! Way to mine the archives. Grin

Dorrace

member

Activity: 70

Merit: 10

Quote from: frente on August 31, 2013, 02:39:12 PM

Quote from: elor70 on August 31, 2013, 08:56:39 AM

It will be worth 1000$ somewhere in the future

I think there's 60% chance that it will touch $1000 in 2014 and 99% in 2015.

well thınk about how the coın jumped up ın the last 2 years. ıf you look at prıce averages over the last 6 months ıt has rısen a bıt. that 200 dollar was a bıg spıke but ıt stabılısed . perhaps ıt really can

frente

newbie

Activity: 24

Merit: 0

Quote from: elor70 on August 31, 2013, 08:56:39 AM

It will be worth 1000$ somewhere in the future

I think there's 60% chance that it will touch $1000 in 2014 and 99% in 2015.

Dorrace

member

Activity: 70

Merit: 10

readıng thıs at the fırst 1-2 pages realızıng the date ıt was posted ın early 2011. holy fuck

elor70

member

Activity: 84

Merit: 10

It will be worth 1000$ somewhere in the future

ronimacarroni

full member

Activity: 140

Merit: 100

I dont think bitcoins is worth $1000
Right now bitcoin is good for store value and speculation, but as a currency is a has a long way to go.
I want to see more bit signs on those price tags.

tclo

hero member

Activity: 518

Merit: 500

yes chart is looking very strong..could be another mini bubble but won't drop to 65 after this one.

I guess the volatility is here to stay but BTC has a bright future and we may see $1000 in the next couple of years...or sooner, who knows. A major currency crisis somewhere would obviously supercharge it.

Taras

legendary

Activity: 1386

Merit: 1053

Please do not PM me loan requests!

So how much longer until the first bitcoin that sells for $1,000 makes the press?
Place your bets, grab your popcorn...

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: BittBurger on July 11, 2013, 07:42:09 PM

i enjoyed it. its a good read.

And you're right. 5 years from now it will be interesting to see where this thread led to ...

Maybe an archive like the Pizza for Bitcoins XD

vintagetrex

sr. member

Activity: 490

Merit: 250

Yes those amazing investments from Zimbabwe are going to push BTC through the roof!!!

jk lol

Invest in innovation, invest in the world's first cryptographic corporation: Anarcorp

BittBurger

hero member

Activity: 924

Merit: 1001

i enjoyed it. its a good read.

And you're right. 5 years from now it will be interesting to see where this thread led to ...

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: lophie on June 04, 2013, 01:43:37 AM

Who revived this mummy? Huh

, But seriously, Bitcoin added so much value in my life ever since I was first introduced to the idea back in 2011, You have to actually put some effort into understanding Bitcoin in order to appreciate it otherwise either you are a blind speculator or a retarded flamer.

This thread is quite old I sort of revived it a while back and now it necro revives now and then Cheesy

That and smoothie probally wanted to necro own someone haha
Usually reappears when there are a lot of bears around saying bitcoin is doomed lol and or some bulls on the other end
That's why that quote is mummy tastic thread is old
My original intent was to illustrate a point when the bubble crashed from 220 to 100 and some in change and say that people were complaining at $8 bucks when there was another crash

Man have we come far hehe
That an the original conversation was quite interesting in 2013 time

lophie

hero member

Activity: 924

Merit: 1003

Unlimited Free Crypto

Who revived this mummy? Huh

, But seriously, Bitcoin added so much value in my life ever since I was first introduced to the idea back in 2011, You have to actually put some effort into understanding Bitcoin in order to appreciate it otherwise either you are a blind speculator or a retarded flamer.

ThatDGuy

hero member

Activity: 728

Merit: 500

Quote from: smoothie on May 10, 2013, 06:22:21 AM

Quote from: PeterSchiff on May 14, 2011, 08:47:48 AM

"The Geeks will inherit the earth" have just turned into, "Geeks are the new aristocracy", and this is why:

Who owns BitCoins.. There must be some individuals hoarding a large amount, and I wish I was one them. If BitCoins were universally adopted, a BitCoin may well be worth 10,000$, in fact it would probably be worth a whole lot more. On top of that we would have deflation, due to no more BitCoins being generated, ever, and so the value would increase further. If there are 1 Billion people who may adopt this system, and 21 Million BitCoins, you'd be very fortunate (and rich) to own just a single BitCoin. Owning a single BitCoin may be the equivalent of being a multi millionaire today. Having a whopping 1000 BitCoins would rival Gates in his glory days.

The BitCoin system, is perfect, and perfectly flawed. I think we've just discovered how to turn Freetards into Bankers, our new financial overlords.

I have done my research, and conclusion is, it's gonna crash as soon as one of the Hoarders get's scared, and dumps his BitCoins on the exchange. I love the idea, but it reminds me to much of a time when many of my friends got into these "pyramid schemes" selling various crap. And let me just say, pyramid schemes work, when we all buy into them...

I think I will hold out for the next BitCoin, we can probably just reuse the software, it's open source right Wink

, be an early adapter, promoter and make my exit.

Good luck to all you scammers, you don't deserve the money.

Someone sounds butthurt they missed the bitcoin train. lol

Damn, no kidding! That guy definitely burned out instead of fading away!:

Date Registered: May 14, 2011, 09:18:54 AM
Last Active: May 17, 2011, 10:50:33 AM

Here are his last words to all of us:

Quote from: PeterSchiff on May 17, 2011, 08:57:16 AM

...
OMFG, can you hear yourselves. Hypocrites, hypocrites, hypocrites!!!

I'd like to hear at least some of you admit that you're a greedy mofo in it only for it's speculative value and that you don't give a shit about the rest.
Amen

coinnewb

full member

Activity: 155

Merit: 100

Quote from: marcus_of_augustus on May 09, 2013, 09:41:06 PM

Quote from: molecular on April 20, 2013, 02:06:02 AM

Quote from: Hei_ on April 18, 2013, 03:17:46 AM

all asics out > high diff > bitcoin over 300$+?

no. difficulty follows price, not the other way around.

... it is not just that simple, more nuanced than that ... as vladimir is saying, I think?

I think so. One of the attack vectors against Bitcoin depends on network hash rate (i.e., difficulty), so one could argue that higher difficulty will make potential attacks against the network more costly. Assuming that the price of Bitcoin factors in this very potential cost, higher difficulty will give room for higher price IMHO.

smoothie

legendary

Activity: 2492

Merit: 1491

LEALANA Bitcoin Grim Reaper

Quote from: PeterSchiff on May 14, 2011, 08:47:48 AM

"The Geeks will inherit the earth" have just turned into, "Geeks are the new aristocracy", and this is why:

Who owns BitCoins.. There must be some individuals hoarding a large amount, and I wish I was one them. If BitCoins were universally adopted, a BitCoin may well be worth 10,000$, in fact it would probably be worth a whole lot more. On top of that we would have deflation, due to no more BitCoins being generated, ever, and so the value would increase further. If there are 1 Billion people who may adopt this system, and 21 Million BitCoins, you'd be very fortunate (and rich) to own just a single BitCoin. Owning a single BitCoin may be the equivalent of being a multi millionaire today. Having a whopping 1000 BitCoins would rival Gates in his glory days.

The BitCoin system, is perfect, and perfectly flawed. I think we've just discovered how to turn Freetards into Bankers, our new financial overlords.

I have done my research, and conclusion is, it's gonna crash as soon as one of the Hoarders get's scared, and dumps his BitCoins on the exchange. I love the idea, but it reminds me to much of a time when many of my friends got into these "pyramid schemes" selling various crap. And let me just say, pyramid schemes work, when we all buy into them...

I think I will hold out for the next BitCoin, we can probably just reuse the software, it's open source right Wink

, be an early adapter, promoter and make my exit.

Good luck to all you scammers, you don't deserve the money.

Someone sounds butthurt they missed the bitcoin train. lol

Topic: The $1000 Bitcoin, yes it's worth at least that. - page 2. (Read 41589 times)