When do you think Bitcoin will go back to $1,000? And some worries - page 2.

odolvlobo

legendary

Activity: 4438

Merit: 3387

Quote from: bitcoinsrus on February 12, 2014, 01:37:04 PM

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

It is hard to predict but I am confident that it will rise to over $1000 by the end of the year. Increasing adoption will drive the price up.

Quote from: bitcoinsrus on February 12, 2014, 01:37:04 PM

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

I don't think there will be much of an effect on bitcoin prices, but it will kill the alt coin mining industry. Some alt coin owners may dump there coins and buy bitcoins.

Quote from: bitcoinsrus on February 12, 2014, 01:37:04 PM

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

Difficulty has no direct affect on price. There may be some minor indirect effects such as miners losing interest when the difficulty rises and selling their bitcoins.

crypto2k

newbie

Activity: 36

Merit: 0

Quote from: bitcoinsrus on February 12, 2014, 01:37:04 PM

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

(side question, if knc comes out with a new machine next year what do you think the hashrate will be and what
do you think it will be called ex: knc 5 th uranus)

Im sure every one of us wondered about that too - LOL Im optimistic that it will go up back where it was. Grin

kolev

member

Activity: 94

Merit: 10

My name is Nikolay and am a webaholic.

Quote from: bitcoinsrus on February 12, 2014, 01:37:04 PM

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

(side question, if knc comes out with a new machine next year what do you think the hashrate will be and what
do you think it will be called ex: knc 5 th uranus)

Not anytime soon - only after the general public starts buying, which we don't see happening.

bitcoinsrus

hero member

Activity: 518

Merit: 500

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

(side question, if knc comes out with a new machine next year what do you think the hashrate will be and what
do you think it will be called ex: knc 5 th uranus)

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