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Topic: When in 2013 shall Bitcoin break its all-time-high of $31? - page 5. (Read 8831 times)

hero member
Activity: 547
Merit: 531
First bits: 12good
May/June is a great time for a spike  Grin
sr. member
Activity: 445
Merit: 251
I don't think so.  2015 or maybe 2014.  The surges in prices are less extreme now.  I don't think we will see any +100% years.  $20 maybe.

This.  There are simply too many holders of large collections of bitcoins and as the price increases it's easier and easier for less and less bitcoins to push it back down.  There'd need to be a lot more money on MtGox to get back to $31 and that's just to get there.  There'd need to be even more money to keep it there.  We're probably years away from that.



Hmmmm and what about the return of me.ga? If Kim decides to accept bit coin/litecoin? What would happen?
legendary
Activity: 2198
Merit: 1311
I don't think so.  2015 or maybe 2014.  The surges in prices are less extreme now.  I don't think we will see any +100% years.  $20 maybe.

This.  There are simply too many holders of large collections of bitcoins and as the price increases it's easier and easier for less and less bitcoins to push it back down.  There'd need to be a lot more money on MtGox to get back to $31 and that's just to get there.  There'd need to be even more money to keep it there.  We're probably years away from that.
copper member
Activity: 2310
Merit: 1032
Even though there has been some set back, The trend is still on a rise, The set limit of $31 was when bitcoin was much more new and volatile than now, And it's still very volatile, If we see another $30+ it will only be a spike, and fall back down, But to a level still above before it shoot up. so I will say 4th quarter, But I beleive a spike will hit before then.

In conclusion, When we look back in a few years we will see a slowly rising price, But is it BTC rising or fiat currency's devaluing?
legendary
Activity: 1498
Merit: 1000
4th quarter - 2$/month
sr. member
Activity: 350
Merit: 250
Trust me, these default swaps will limit the risks
I bet we see slightly more stable price action as more money enters the arena and the pump and dump becomes more capitally demanding.

My guess is we see a climb to $15 before the end of 2012, a correction to the $12's and maybe rise to a solid $16-$20 base by the end of 2013.

I hope you guys with the $20 guesses are correct.
hero member
Activity: 715
Merit: 500
I bet we see slightly more stable price action as more money enters the arena and the pump and dump becomes more capitally demanding.

My guess is we see a climb to $15 before the end of 2012, a correction to the $12's and maybe rise to a solid $16-$20 base by the end of 2013.
hero member
Activity: 518
Merit: 500
Nobody knows!

But the answer is 3rd quarter.
donator
Activity: 1218
Merit: 1079
Gerald Davis
I don't think so.  2015 or maybe 2014.  The surges in prices are less extreme now.  I don't think we will see any +100% years.  $20 maybe.
hero member
Activity: 1101
Merit: 512
why not in December 2012?
in December 2012 is most unlikely. My vote is in 4th quarter.
legendary
Activity: 1222
Merit: 1016
Live and Let Live
why not in December 2012?
hero member
Activity: 1101
Merit: 512
It seems most probably to my finger's bone that Bitcoin may break its all time high of $31 in 2013, but don't know in which quarter. Any input and vote shall be greatly appreciated.  Grin

- Goldlyre in Shanghai, China
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