Topic: Wall of Fame: Quotes of Bold Predictions - page 3. (Read 7544 times)

Any hard predictions in the "next hour" span are generally pretty bold.  long term trends on bitcoin are pretty easy "it's gonna go up"  midterm ones, well, they can be trickier, short term it is pretty difficult to guage, barring something obvious like giant fake bidwalls.

1 Satoshi will be on par with the Dollar by the end of the decade.

C'mon! That's not even remotely bold!

I have a bold prediction.

We will not see 1 btc for $70 again.

No.  

My guess is $100 in less than 5 hours.

Edit:
Because magic!

But its same technology like bitcoin ? so why not use them insted they are chepper. If you can have coca-cola for 90$ and pepsi for 3$ what you will choose ?

Bitcoin will be worth over $10,000 by the end of 2016.

I think we can all agree that we have no idea what BTC will be worth in the future. But we're still here because we believe in it. But it just makes me angry when so-called experts on this forum write shit and sound so sure about it, it looks like they know something nobody else knows. I think alot of people can be influenced by these people and lose money. Because, to be honest, i've seen that these "experts" have been wrong MORE than 50% of the time. You could make more money flipping a coin to make decisions than to listen to these people.

FWIW $80 was the low for a long-time, maybe forever. 

$115 is Fair Value for Bitcoin NOW.

sqrt (Peak $266 / Low $50)  = 2.31

sqrt (Retrace peak $166.4 / Retrace low $79) = 1.45

$266 / 2.31 = $115.2
$166 / 1.45 = $114.5
  $79 * 1.45 = $114.5
  $50 * 2.31 = $115.2

Expect Bitcoin fx rate to oscillate with a median value of $115 for some time, at least until next major news-fed feeding frenzy!

This guy comes as close as I've seen recently to calling SD.

the price ran up $10 yesterday. today its down $10 and back where it started

this is a non-event. stop wasting everyones time just cause you bought higher yesterday and now are scared

I have a background in trading speculative stocks, and I can tell you that this kind of speculative price explosion usually collapses back to nearly nothing eventually (thanks Timothy Sykes).

However, I have my own reasons for believing that bitcoins won't collapse, and may in fact reach the astronomical values people are dreaming about. I'm keeping those reasons to myself for now until I get a chance to gather more bitcoins.

$1000/bitcoin won't make me filthy rich, but I might be rich enough to quit my day job and devote the rest of my life to ministry, raising my kids (and maybe foster kids?), and developing bitcoin-powered websites.

I'm going to step out on a limb and make some predictions about bitcoin price increases:

1) A lot of kids with graphics cards are going to get a LOT of spending money just because they saved the few bitcoins they mined after reading about it in a forum somewhere
2) The term "bitcoin billionaire" is going to become somewhat commonplace, and will refer to someone who became a billionaire through bitcoin investment.
3) The world's first trillionaire (by USD valuation) will be one of the first big investors in bitcoins.
4) This will all happen WITHOUT the collapse of the US dollar, and without bitcoins becoming a commonplace way to pay at the grocery store.

I guess we'll see if I'm right.

Note for posterity: current bitcoin price is in the $5-$6 range after a big run-up.

It's actually pretty simple. Basis Elliott Wave knowledge is sufficient to understand the BTC market.

Wave C will go down to where the "bubble" started. OK maybe not the full way ($10), but something like $20 or $25.