We're in a textbook bubble right now
A lot of people here are fanatical about Bitcoin because they have their life savings invested in it or are convinced that it will make them rich.
Unless you have significant insider knowledge I'm not sure you can make an informed prediction on where we will be in a year.
My uninformed guess is double digits. Maybe by then Bitcoin has already been replaced and it's worthless. Who knows really.
Topic: What do you think the price of bitcoin will be 1 year from today (feb 2015)? - page 4. (Read 6389 times)
February 07, 2014, 11:24:25 PM
February 07, 2014, 11:23:40 PM
with sites starting to accept bitcoin as payment, it looks good for btc future
there is no telling what will happen to btc but it looks like people will definitely invest in it if the price dips and what not
there is no telling what will happen to btc but it looks like people will definitely invest in it if the price dips and what not
Governments banning it.
US regulatory stance still not yet decided.
Market totally cornered by a relative handful of whales.
Exponentially growing computational demands that already requires the power of 50 Super computers.
Dodgy exchanges going under with everyone's funds and Bitcoins.
so what do you think the price will be in 1 year?
February 07, 2014, 11:21:16 PM
with sites starting to accept bitcoin as payment, it looks good for btc future
there is no telling what will happen to btc but it looks like people will definitely invest in it if the price dips and what not
there is no telling what will happen to btc but it looks like people will definitely invest in it if the price dips and what not
Governments banning it.
US regulatory stance still not yet decided.
Market totally cornered by a relative handful of whales who end up in a big fight to the death.
Exponentially growing computational demands that already requires the power of 50 Super computers.
Dodgy exchanges going under with everyone's funds and Bitcoins.
.......go and google E-Gold. An electronic digital payments system backed by precious metals, right through the period of precious metals expansive boom. Talk about Win-Win-Win. Over 5 million users. Where is it now?
February 07, 2014, 11:14:56 PM
with sites starting to accept bitcoin as payment, it looks good for btc future
there is no telling what will happen to btc but it looks like people will definitely invest in it if the price dips and what not
there is no telling what will happen to btc but it looks like people will definitely invest in it if the price dips and what not
February 07, 2014, 11:11:38 PM
I like to look at past trends and the history of bitcoin has been phenominal. What price do you think 1 btc will cost one year from today (feb 2015)?
From seeing the past trend it seems to be exponential to me.
From seeing the past trend it seems to be exponential to me.
You might do well to consider the possibility of Bitcoin not even existing by Feb 2015. I am not saying that I think this will happen; although it is certainly possible that this star has shone too bright too soon, I am just saying that it might do your frame of mind the world of good to consider this possibility and the many ways that a Bitcoin death event might be brought about.
If you came to Bitcoin back in October or November with your obvious level of enthusiasm and anxiety to get invested. You would have done very well. But it is a very different market right now. Instead of dreaming about exponential profits, try focussing on learning to read these markets and choosing a good entry point, and then nursing your position and ensuring that you aren't going to go underwater on it. Let Feb 2015 take care of Feb 2015 itself.
February 07, 2014, 11:04:14 PM
I like to look at past trends and the history of bitcoin has been phenominal. What price do you think 1 btc will cost one year from today (feb 2015)?
From seeing the past trend it seems to be exponential to me.
From seeing the past trend it seems to be exponential to me.
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