Author

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: 4760
Merit: 1283
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.
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
I hate how i posted here, Now it keeps popping up in New Relpies,
Anyone know how to turn that crap off?

On topic, I think the price of a btc is going to stay at around 2.2, So that the miners mining them pay for they're own power, And have heating
legendary
Activity: 2198
Merit: 1311
Here, if the MtGox price of bitcoin goes to $1000 by January 1st, 2012 I'll give Mr Owens a bitcoin for making such an outlandishly absurd claim and being right about it.

Will you buy and hold a coin just in case?

Just did.
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
Here, if the MtGox price of bitcoin goes to $1000 by January 1st, 2012 I'll give Mr Owens a bitcoin for making such an outlandishly absurd claim and being right about it.

Will you buy and hold a coin just in case?
legendary
Activity: 2198
Merit: 1311
Here, if the MtGox price of bitcoin goes to $1000 by January 1st, 2012 I'll give Mr Owens a bitcoin for making such an outlandishly absurd claim and being right about it.
sr. member
Activity: 280
Merit: 250
Firstbits: 12pqwk
why stop at $1000???
donator
Activity: 392
Merit: 252
I disagree that Bitcoin can't be stable at $1.

Bitcoin can be stable at $1 when market makers come in and put up 500k in non staggered ask at 1.04 and 500k in non staggered bid at 0.96. Everyone else can trade in that window.

sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
Am i the only one that was understanding what he was saying to me all the way until "unwound"

Was the reference too esoteric? You expressed conclusions based on unsound conclusions based on views (perhaps your own fears and concerns) based on further presumptuous views.

I do not want bitcoin to drop. I have not alluded to bitcoin parity. It's a pity that you hate people with different desires. It's a greater pity if you hate them because you incorrectly believe their desires conflict with your own. If you want bitcoin prices to go up, should you then hate anyone who does not buy? Anyway, your liberal use of absolutes such as 'all', 'only', 'never', 'need', and enumeration should be a warning to check yourself, as whatever you are saying, you are probably incorrect.

So, if you would like your tangle of views unwound, just ask and I will do my best to enlighten you.
legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
I hate all these people who want the bitcoin value to drop, FOR FUCK SAKES, $1 IS JUSTA REFERANCE POINT.
THE VALUE OF ONE BITCOIN IS NOT THE SAME AS ONE DOLLAR, AND SHALL NEVER be the same.

The only damn reason i can see asto why people want value to drop is this:
1.To buy and resell
2.So that coins get "adopted" as a type of money.

It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise!

That's a whole lot of presumption there. Fuck you too. You can just ask, if you'd like your tangle of views unwound.
Am i the only one that was understanding what he was saying to me all the way until "unwound"
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
I hate all these people who want the bitcoin value to drop, FOR FUCK SAKES, $1 IS JUSTA REFERANCE POINT.
THE VALUE OF ONE BITCOIN IS NOT THE SAME AS ONE DOLLAR, AND SHALL NEVER be the same.

The only damn reason i can see asto why people want value to drop is this:
1.To buy and resell
2.So that coins get "adopted" as a type of money.

It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise!

That's a whole lot of presumption there. Fuck you too. You can just ask, if you'd like your tangle of views unwound.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise!
Indeed, $1 makes no sense and the price will never be stable at $1. In fact the price will not be "stable" at all until the market and the economy are a lot bigger. But what we do need is bottom stabilization, meaning that the price drop needs to stop.

Right now it certainly looks like $2 is the place it stops, we've had a bounce from $2 three times already and the first one was way back, in Bitcoin time. No one can no for sure but what we do know is that $2 is the strongest support price Bitcoin has ever had (at least after the peak).

I personally hope $2 remains as the bottom because it's about time we establish one. A bottom is something Bitcoin needs desperately.
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
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
legendary
Activity: 4760
Merit: 1283
I'll preemptively brag about admit to current highly leveraged short loss.

You're a bigger man then most then and win/lose/draw, you have some respect from me for it.  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.

In kind, I'll admit to having just made another relatively small purchase at market (on Tradehill.)  This mainly because I am shooting for another round number for deep storage, and I'll be gone most of the day.  The ask-face is huge there, and I should be able to pick up coins for this price for some time, but I fear that a large percentage of the asks are controlled by one person who may move things.  Also, I was playing the drop-outs on Tradehill over the last week and made a little bit.

legendary
Activity: 1428
Merit: 1001
Okey Dokey Lokey
I hate all these people who want the bitcoin value to drop, FOR FUCK SAKES, $1 IS JUSTA REFERANCE POINT.
THE VALUE OF ONE BITCOIN IS NOT THE SAME AS ONE DOLLAR, AND SHALL NEVER be the same.

The only damn reason i can see asto why people want value to drop is this:
1.To buy and resell
2.So that coins get "adopted" as a type of money.

It doesnt fucking have to be worth $1USD to be accepted!, It just needs to stabilise!
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
I'll preemptively brag about admit to current highly leveraged short loss.
legendary
Activity: 4760
Merit: 1283
Ok, fess up, who's doing the buying right now?

I imagine that a lot of people don't want to get left behind and are at least hedging in.

But why would one want to respond to your query?  I mean if you wait until after the fact, you can come back on these forum boards and brag about what a genius you are no matter what happens.

legendary
Activity: 1050
Merit: 1000
speculation gone wild =)
hero member
Activity: 714
Merit: 504
^SEM img of Si wafer edge, scanned 2012-3-12.
Would if my money had arrived yet Tongue
legendary
Activity: 2198
Merit: 1311
Ok, fess up, who's doing the buying right now?
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
hero member
Activity: 955
Merit: 1002
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.

Would you like to make a gentleman's wager of one bitcoin that your wet dream will be fulfilled long before then?

EDIT: Damn, you guys are fast posters!

I'm fast at everything - ask my wife
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
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.

Would you like to make a gentleman's wager of one bitcoin that your wet dream will be fulfilled long before then?

EDIT: Damn, you guys are fast posters!
hero member
Activity: 955
Merit: 1002
I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?

That would probably be more reasonable the other way around.

Eh? I can afford 1btc - and I'm happy to take $1000. Perhaps you'd like to take the bet. It's reasonable for me. And that is exactly what the OP is proposing.

All I meant was it's more in line with the odds (1000:1?), but odds are subjective so then again maybe not.

besides, if it did go to $1000 per BTC then you'd be able to afford $1000 Smiley

Ok - yeah I see what you mean
full member
Activity: 181
Merit: 100
I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?

That would probably be more reasonable the other way around.

Eh? I can afford 1btc - and I'm happy to take $1000. Perhaps you'd like to take the bet. It's reasonable for me. And that is exactly what the OP is proposing.

All I meant was it's more in line with the odds (1000:1?), but odds are subjective so then again maybe not.

besides, if it did go to $1000 per BTC then you'd be able to afford $1000 Smiley
hero member
Activity: 955
Merit: 1002
I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?

That would probably be more reasonable the other way around.

Eh? I can afford 1btc - and I'm happy to take $1000. Perhaps you'd like to take the bet. It's reasonable for me. And that is exactly what the OP is proposing.
full member
Activity: 181
Merit: 100
I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?

That would probably be more reasonable the other way around.
hero member
Activity: 955
Merit: 1002
I'll give you 1 bitcoin if it does - you give me $1000 if it doesn't. Do you agree to the bet?
legendary
Activity: 826
Merit: 1001
rippleFanatic

Million dollar idea: Bitcoin for loaves of bread. Shipped.


Do twinkies count as bread?

In all seriousness, the Christmas present I'm wishing for is $5 BTC.  I'd be ecstatic with that.
legendary
Activity: 2198
Merit: 1311
I don't think it'll be much longer before we see all the bids above 2.15 wiped out, the big walls disappear, and the price finally move below $2.00.
legendary
Activity: 1652
Merit: 1128



Bears representing.  Quoting this on the second.  
legendary
Activity: 2198
Merit: 1311


Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready?

More "$100 by Christmas" trolling I see ?

I'm 100% serious. $1000 by Christmas. Don't be such a bear, balanula.

I'm 100% serious.  No higher than $3 by Christmas.  Don't be such a bull.
donator
Activity: 392
Merit: 252
It's going to hit $1000 by Jan 1 for sure. 

$1000 Zimbabwean dollars.

At least when my currency devalues, it doesn't get heavier to buy a loaf of bread.




Million dollar idea: Bitcoin for loaves of bread. Shipped.

Look on the bright side.  At least they had no shortage of toilet paper.

Savvy speculators snapped up mint condition Zimbabwean banknotes and put them on eBay.  I bought a $1 trillion Zimbabwean banknote a few months ago, to go with my Yugoslavian 500 billion dinar banknote.  A 50 million Weimar Republic banknote also joined the collection.


New Million Dollar Idea: Bitcoin Toilet Paper, each sheet with its own private key.
legendary
Activity: 1692
Merit: 1018
It's going to hit $1000 by Jan 1 for sure. 

$1000 Zimbabwean dollars.

At least when my currency devalues, it doesn't get heavier to buy a loaf of bread.




Million dollar idea: Bitcoin for loaves of bread. Shipped.

Look on the bright side.  At least they had no shortage of toilet paper.

Savvy speculators snapped up mint condition Zimbabwean banknotes and put them on eBay.  I bought a $1 trillion Zimbabwean banknote a few months ago, to go with my Yugoslavian 500 billion dinar banknote.  A 50 million Weimar Republic banknote also joined the collection.
donator
Activity: 392
Merit: 252
It's going to hit $1000 by Jan 1 for sure. 

$1000 Zimbabwean dollars.

At least when my currency devalues, it doesn't get heavier to buy a loaf of bread.




Million dollar idea: Bitcoin for loaves of bread. Shipped.
legendary
Activity: 1692
Merit: 1018
It's going to hit $1000 by Jan 1 for sure. 

$1000 Zimbabwean dollars.
donator
Activity: 392
Merit: 252
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.

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Ok, where is Cosby? I know he's here somewhere.
legendary
Activity: 2184
Merit: 1056
Affordable Physical Bitcoins - Denarium.com
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.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
OK, maybe I'm too serious sometimes so I'll play along. Bitcoin will be eleventy 'leven bazillion tomorrow. Yayz
donator
Activity: 392
Merit: 252
Well, I hope it gets to that price, that way you'll be able to pay for the rights to use a picture that's not watermarked...

legendary
Activity: 1145
Merit: 1001
Which year?
newbie
Activity: 39
Merit: 0
The $-price for bitcoins will be over 9000, at least,
but the €-price will be 2 or so.

PS: I had to write this.
legendary
Activity: 1358
Merit: 1002
Well, I hope it gets to that price, that way you'll be able to pay for the rights to use a picture that's not watermarked...
legendary
Activity: 1092
Merit: 1001
Everyone in this thread is a bear, It'll be over nine thousand by Christmas for sure.
I personally guarantee I'm willing to sell at that price - which makes me a bear too!

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Now I think the fundamentals are there.
The fundamentals aren't even close to being there. The core development team is working hard on making Bitcoin sound. They are doing epic work and will deserve statues one day. We need a lot more development before mass adoption. At this rate it will be 1-2 years before really useful smartphone apps are developed. Then another 1-2 years before people realize that Bitcoin is not a Ponzi scheme. Then another 1-2 years before people start designing powerful business tools that take advantage of Bitcoin's unique properties not accessible by traditional currencies. I guesstimate 3-6 years before we have real fundamentals. I'm hoping to hear some good news from Prague.

repugnant reply removed. poster ignored.
sr. member
Activity: 322
Merit: 251
FirstBits: 168Bc
2013-01-01 $1000+
donator
Activity: 392
Merit: 252
Now I think the fundamentals are there.
The fundamentals aren't even close to being there. The core development team is working hard on making Bitcoin sound. They are doing epic work and will deserve statues one day. We need a lot more development before mass adoption. At this rate it will be 1-2 years before really useful smartphone apps are developed. Then another 1-2 years before people realize that Bitcoin is not a Ponzi scheme. Then another 1-2 years before people start designing powerful business tools that take advantage of Bitcoin's unique properties not accessible by traditional currencies. I guesstimate 3-6 years before we have real fundamentals. I'm hoping to hear some good news from Prague.

donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
Now I think the fundamentals are there.
The fundamentals aren't even close to being there. The core development team is working hard on making Bitcoin sound. They are doing epic work and will deserve statues one day. We need a lot more development before mass adoption. At this rate it will be 1-2 years before really useful smartphone apps are developed. Then another 1-2 years before people realize that Bitcoin is not a Ponzi scheme. Then another 1-2 years before people start designing powerful business tools that take advantage of Bitcoin's unique properties not accessible by traditional currencies. I guesstimate 3-6 years before we have real fundamentals. I'm hoping to hear some good news from Prague.
full member
Activity: 121
Merit: 100
I see it hitting 1001$.

donator
Activity: 392
Merit: 252
What is it they say? Aim for the stars, maybe you'll get chorus girls.
donator
Activity: 392
Merit: 252


Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready?

More "$100 by Christmas" trolling I see ?

I'm 100% serious. $1000 by Christmas. Don't be such a bear, balanula.
hero member
Activity: 518
Merit: 500


Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready?

More "$100 by Christmas" trolling I see ?
donator
Activity: 392
Merit: 252


Now I think the fundamentals are there. It's time for $1000 Bitcoin. Everyone ready?
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