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Topic: Who else thinks Bitcoin is going to $1000 by Jan 1? (Read 6658 times)

legendary
Activity: 1722
Merit: 1000
Ok I just saw this is an old thread, I was like it's missing 1 zero at the end of the number or the OP is being very pessimistic.  Smiley

10K by Jan 1st 2018 should be feasible.  Smiley
jr. member
Activity: 103
Merit: 2
Writer
Just to make a point -

$1,000 seemed high only six years ago.

$10,000 seems high now.

When it hits $20,000 that will seem high too.
Until $50,000 ...

BTC is designed, and expected, to increase in price for ever,
it's fundamentals are sound, and the chance of everyone suddenly changing their minds is essentially zero.

It doesn't have to crash,
it may not crash,
I don't think it will ever crash.


Kapyong
sr. member
Activity: 378
Merit: 250
You have to think that we can not decide price of Bitcoin. Many people (me too) thought that bitcoin price in this period must be of 7-800$ and price now is 380$. So, don't hope that in 1Jan price will be 1000$. Anyway I think that price will move up to 1000-3000$ by 2016 years.
newbie
Activity: 11
Merit: 0
I highly doubt that the price will reach back to $1000 by January 2015... or any time soon.
There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.

You correctly predicted the Need and spark of interest that drove previous bubbles, right? Wait..

I'm just voicing my opinion. I'm not trying to convince anyone to believe that my predictions are accurate.
Were all of your previous predictions correct?

I simply don't see a very urgent need for most people to switch to using Bitcoins very soon.

A lot of infrastructure still needs to be put in place. It is still quite difficult for the average person to even be able to purchase Bitcoins for use, in the first place.

I am not saying that I think Bitcoins will be a Failure.
I strongly believe that Bitcoins will be the "Future"
; I think that is inevitable at this point.

I just don't think that the price of Bitcoins will stabilize over $1000 USD in the year 2015.
sr. member
Activity: 420
Merit: 250
I highly doubt that the price will reach back to $1000 by January 2015... or any time soon.
There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.

We just need rusia and china to un-ban bitcoin and we would easily reach that level..
legendary
Activity: 1176
Merit: 1000
I highly doubt that the price will reach back to $1000 by January 2015... or any time soon.
There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.

You correctly predicted the Need and spark of interest that drove previous bubbles, right? Wait..
newbie
Activity: 11
Merit: 0
I highly doubt that the price will reach back to $1000 by January 2015... or any time soon.
There is not enough spark of Interest or Need, from those outside of the Crypto-currency community.
legendary
Activity: 2170
Merit: 1094
...
Necro'd for re-relevance. $1,000 isn't out the question by Jan 1st, and the OP didn't specify a year...
I remember when everyone was certain the rise to $4,000 - $5,000 would come by the end of this year. Amazing how much sentiment has changed...

Not everyone. And during April 2013 some were sure that price will rise to 10k$ soon, during December 2013 more were sure it will rise to 40k$ soon.
The OP implied January 2012, and he was very wrong. Just like those who now still believe it will rise to 5k$ by 1st January 2015.
hero member
Activity: 675
Merit: 500
$1000 seems like a ridiculously high figure.
newbie
Activity: 42
Merit: 0
I can theoretically see Bitcoin at $1000+ by Jan 1, 2015. That would be the "wet dream" scenario. But as far as next Jan is concerned, I'd be surprised if we are $5+.

I don't think the thread is very funny, btw.
Grin
legendary
Activity: 1330
Merit: 1000
dafar consulting
I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...

Also, lol.

You do realize that you bumped a thread from 2011 right?

Necro'd for re-relevance. $1,000 isn't out the question by Jan 1st, and the OP didn't specify a year...

I remember when everyone was certain the rise to $4,000 - $5,000 would come by the end of this year. Amazing how much sentiment has changed...


I miss the happy days Sad
sr. member
Activity: 326
Merit: 250
King of all the land
I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...

Also, lol.

You do realize that you bumped a thread from 2011 right?

Necro'd for re-relevance. $1,000 isn't out the question by Jan 1st, and the OP didn't specify a year...

I remember when everyone was certain the rise to $4,000 - $5,000 would come by the end of this year. Amazing how much sentiment has changed...
sr. member
Activity: 369
Merit: 250
I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...

Also, lol.

You do realize that you bumped a thread from 2011 right?
sr. member
Activity: 326
Merit: 250
King of all the land
I'm pretty sure the bearish sentiment is just too damn heavy for us to reach $1,000 again by Jan 1st...

Also, lol.
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
Cassandra sums up all analysis. Well, except for the clear foresight (or hearing in her case).
legendary
Activity: 1692
Merit: 1018
But to do otherwise is to submit to Mara, the temptations of emotion, the sure strategy of loss.

I prefer to get my trading tips from Cassandra.  Problem is, I never believe her.
legendary
Activity: 2114
Merit: 1031
Ok, fess up, who's doing the buying right now?

This guy.  I'll by at anything less than $2.
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
To be honest, I suspect Elliott waves are a bit dubious as well and joke about numerology and my astrology charts. I post my charts to keep myself honest and to learn from others. But I really enjoy reading dismissive posts by people with no strategy at all, who share new theories about direction dreamed up on the spot at every arbitrary change of price. I can only imagine they are losing their fortunes. Whether luck, forced patience, or substance, Elliott waves have made me a much more successful trader. I've nailed some pretty accurate highs and lows which continue to amaze me. I'm still at a potential loss since yesterday, and I must say it's nerve racking to stick to the plan, continue selling as prices boldly rise or to choose a bottom and buy after prices have fallen off a cliff. But to do otherwise is to submit to Mara, the temptations of emotion, the sure strategy of loss.
legendary
Activity: 4690
Merit: 1276
If you are not planning to pop up with a yarn about how you were also cleverly hedged and made a bundle should some other scenario transpire that is.

I respect your respect. I've also posted all of my trade plans on this forum based on Elliott waves well in advance for the past two months. You're free to read them. I'm doing quite well on the whole despite this nervous little up tick. I'm off to walk the dog and hope to still have a shirt when I get back. Smiley

I think that that is true, Netrin, (your openness in posting) and in fact is a big factor in my continuing to hold hope for another dip.  In spite of being pretty dubious about Elliot wave stuff I've been holding funds earmarked for the $1.xx possibility.  About 1/3 of them was what I dumped this morning before heading out for Thanksgiving dinner.

I had had a buy in for 15 or 20 cents below market to catch another dip, but they had not happened for a long time.  Just minutes after I pulled it and made a purchase at market, there's another dip.  Oh well.  It's not like it's a great deal of money or anything...just the principle I guess.

hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
I hate how i posted here, Now it keeps popping up in New Relpies,
Anyone know how to turn that crap off?
You can't. The only way I found effective is killing the thread.
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