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Topic: What are the chances for the price to reach 5000$ by the end of 2014? (Read 1611 times)

legendary
Activity: 2114
Merit: 1015
End of 2014? Let's make it February 2014. Grin

LOL I didn't even notice that OP had "by the end of 2014" in the topic's name.

5k is very near future. by the end of 2013 would be the right wording.
full member
Activity: 218
Merit: 100
Firstbits: 19e3fc
End of 2014? Let's make it February 2014. Grin
legendary
Activity: 2114
Merit: 1015
~10000$ will be the new ~100$
full member
Activity: 209
Merit: 100
sr. member
Activity: 448
Merit: 250
I expect a btc to be worth at least $10,000 by end of 2014. Remember the 10-fold increase every year on average.
legendary
Activity: 2114
Merit: 1015
I'm totally betting on it. We just hit 1000 in gox and now it goes full berserk. Crazy times have just begun.
member
Activity: 112
Merit: 10
Think about it this way. Bitcoin became really popular this year mostly around July when it started skyrocketing. Now since bitcoin is a digital technology it needs digital services to sustain it. The increased popularity probably lured the interest of many companies and developers who now want to create services for bitcoin. Now development times for big projects could take 6 months to 1 year so my guess is that in 2014 there will be a flood of bitcoin related services which will make adoption by the regular population easier. This means that more growth is coming, how much? I can't say but I wouldn't be surprised if it is bigger than this year.
sr. member
Activity: 308
Merit: 250
I was wondering what are your predictions for the upcoming year 2014? Will it reach 5000$?
Well, my prediction was that it would reach $5,000, but seeing as how that has so far turned out to be a gross underestimate, I feel I should revise it. $75,000 by the end of 2014 seems more reasonable, don't you think? Grin

That's not even the moon anymore...

legendary
Activity: 938
Merit: 1000
it will hit it really fast or  it will drop really fast 50-50, but i believe it will go up
sr. member
Activity: 476
Merit: 250
If this is the effect of Second Market's trust (one little club of accredited investors) - just wait until the rest of Wall Street gets involved. I believe the potential for $10,000 is there, even without a speck of consumer adoption.. only investor adoption.
legendary
Activity: 4466
Merit: 3090
Vile Vixen and Miss Bitcointalk 2021-2023
I was wondering what are your predictions for the upcoming year 2014? Will it reach 5000$?
Well, my prediction was that it would reach $5,000, but seeing as how that has so far turned out to be a gross underestimate, I feel I should revise it. $75,000 by the end of 2014 seems more reasonable, don't you think? Grin
member
Activity: 70
Merit: 10
From here on in, adoption and adoption alone will drive value

The robustness of the protocol will be fully tested

Nah don't think so. I think speculation alone can drive the price to $5000,-. Only thing from preventing Bitcoin to be a bubble is adoptation.
global moderator
Activity: 3934
Merit: 2676
Join the world-leading crypto sportsbook NOW!
It's very possible that it will hit $5000, but any effort to guess how much BTC is going to be worth later today or tomorrow is pure speculation.
legendary
Activity: 1232
Merit: 1001
Don't get to greedy or you will loose everything.  Wink

I for one would be very exited if Bitcoin manages to proof that it is able to substain a price level like this for a longer periode. But the longer and higher we rise the smaller the chance for this gets.  Sad
newbie
Activity: 21
Merit: 0
We are all used to the price heading m00n all the time. But as the market grows the price may be slowing down... I was wondering what are your predictions for the upcoming year 2014? Will it reach 5000$?
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