Author

Topic: Will Bitcoin ever hit $50? (Read 4071 times)

hero member
Activity: 532
Merit: 500
March 19, 2013, 12:18:57 PM
#45
Change it to "Will Bitcoin ever hit $10k?" Grin

lets go for 60 first... we might get that within this week
60 has already been hit.Perhaps a 70 thread.
sr. member
Activity: 349
Merit: 250
March 18, 2013, 07:20:29 PM
#44
Change it to "Will Bitcoin ever hit $10k?" Grin

lets go for 60 first... we might get that within this week
hero member
Activity: 532
Merit: 500
March 18, 2013, 06:28:46 PM
#43
Who's up for a $60 thread?
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
March 18, 2013, 06:28:02 PM
#42
Change it to "Will Bitcoin ever hit $10k?" Grin
hero member
Activity: 812
Merit: 1001
-
March 18, 2013, 06:27:23 PM
#41
Ohh my, time to rename this thread.
full member
Activity: 183
Merit: 100
March 18, 2013, 06:22:38 PM
#40
Well well. You just couldn't help yourselves, could you. $50 broken way before the end of the month.
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
March 16, 2013, 03:35:15 PM
#39
Motion to rename this forum to "Take spot rate, add or subtract $3 to it, then make a thread about when it will hit the sum/difference"

Motion noticed
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
March 16, 2013, 12:23:51 PM
#38
Motion to rename this forum to "Take spot rate, add or subtract $3 to it, then make a thread about when it will hit the sum/difference"
hero member
Activity: 588
Merit: 500
March 16, 2013, 12:08:01 PM
#37
I think there is a decent chance that today's events in Cyprus will generate enough demand this week to push price permanently over $50.  And also gold over $1600.

I hope so. But how big is BTC in Cyprus? Do a lot of people know about it? I think that we should use this to advertize BTC in Cyprus so they don't all end up buying gold instead.

My guess is that the demand for BTC this week will be coming not from Cypriots, but from the rest of Europe, scared of seeing something similar happening at home...
full member
Activity: 227
Merit: 100
March 16, 2013, 11:54:08 AM
#36
Money in Cypriot banks are half Russian money. The problem in Cyprus is way more complex than you think.
member
Activity: 224
Merit: 10
March 16, 2013, 10:13:08 AM
#35
I think there is a decent chance that today's events in Cyprus will generate enough demand this week to push price permanently over $50.  And also gold over $1600.

I hope so. But how big is BTC in Cyprus? Do a lot of people know about it? I think that we should use this to advertize BTC in Cyprus so they don't all end up buying gold instead.
hero member
Activity: 588
Merit: 500
March 16, 2013, 09:44:52 AM
#34
I think there is a decent chance that today's events in Cyprus will generate enough demand this week to push price permanently over $50.  And also gold over $1600.
donator
Activity: 1722
Merit: 1036
March 16, 2013, 03:58:30 AM
#33
OK, one more day with weak trading action..

I have a purchasing plan for rather many bitcoins but I will suspend it until we see $3X's. The breaking of $50 is not really in the cards now. Sorry.

Yep. Once we hit $45 the ensuing panic will bring us to the figure you are waiting for.

Good. See you then. $35,000 -> BTC1000 sounds like much better than BTC1000 for a pizza slice.
hero member
Activity: 700
Merit: 500
March 16, 2013, 03:01:18 AM
#32
OK, one more day with weak trading action..

I have a purchasing plan for rather many bitcoins but I will suspend it until we see $3X's. The breaking of $50 is not really in the cards now. Sorry.

Yep. Once we hit $45 the ensuing panic will bring us to the figure you are waiting for.
donator
Activity: 1722
Merit: 1036
March 16, 2013, 01:38:45 AM
#31
OK, one more day with weak trading action..

I have a purchasing plan for rather many bitcoins but I will suspend it until we see $3X's. The breaking of $50 is not really in the cards now. Sorry.
member
Activity: 112
Merit: 10
March 15, 2013, 05:17:51 PM
#30
We will crack $50 on 4/20... call it the SR effect.

+1
hero member
Activity: 778
Merit: 1002
March 15, 2013, 04:37:21 PM
#29
We will crack $50 on 4/20... call it the SR effect.
legendary
Activity: 2101
Merit: 1061
March 15, 2013, 04:33:32 PM
#28
It will hit $50 before the end of March

 Cool
member
Activity: 82
Merit: 10
March 13, 2013, 04:20:14 AM
#27
Yes. Today it will hit 50.
donator
Activity: 1722
Merit: 1036
March 13, 2013, 01:37:51 AM
#26
I don't think rpietila has anything but speculation (pardon my french) and wild guesses to back up his postulations. Other than the volume comment, which is easy to see by looking at any graph that shows USD trade volume.

Well, considering that we are in the "Speculation" subforum, is this not how it's supposed to be?  Cheesy

We were nearing ATH when the blockchain bug was found, and the resulting selloff (technically, in TA) means, that we failed to confirm the recent high. This often gives the market a dampener and makes it unable to overcome the high for an extended period of time.

As for the manipulation of the markets by big players, oh, I have been around in gold, silver, and currencies for too long, in order not to know how the things are managed. And I think it's fine.
420
hero member
Activity: 756
Merit: 500
March 13, 2013, 12:38:46 AM
#25
March 17
newbie
Activity: 15
Merit: 0
March 13, 2013, 12:33:29 AM
#24
Already hit $50 today on Bitfloor.
full member
Activity: 126
Merit: 100
March 13, 2013, 12:27:29 AM
#23
We have failed the ATH on massive volume. There has been massive pump on bitcoin and the selloff will take us down.

I am not part of the team, but I appreciate what they are doing. Bitcoin is already immensely valuable and the price needs to be kept in check to prevent disruptions in global economy. I expect $300 by the years end and a subsequent crash to $120. This correction will take us to $30-$35 because there will always be a buyer for every seller.

Would you mind expanding on that at all? I like this theory and feel it is close(ish) to the truth. What makes you mention the record volume failing to hit the ATH? If it was going to happen, it would have happened then?

Please excuse my ignorance.
full member
Activity: 183
Merit: 100
March 12, 2013, 04:22:01 PM
#22
We could've totally hit 50 this month if not for the glitch. Now it's a toss-up between March and April. Maybe if the Lannisters use part of their massive wealth to buy some bitcoins in Season 3 it will be just enough help. Tongue
full member
Activity: 218
Merit: 100
Firstbits: 19e3fc
March 12, 2013, 04:03:22 PM
#21
50$? Ever? Yes.
This month? Probably no.
Next month? Maybe.
donator
Activity: 1722
Merit: 1036
March 12, 2013, 03:56:27 PM
#20
We have failed the ATH on massive volume. There has been massive pump on bitcoin and the selloff will take us down.

I am not part of the team, but I appreciate what they are doing. Bitcoin is already immensely valuable and the price needs to be kept in check to prevent disruptions in global economy. I expect $300 by the years end and a subsequent crash to $120. This correction will take us to $30-$35 because there will always be a buyer for every seller.
legendary
Activity: 1025
Merit: 1000
March 12, 2013, 03:17:53 PM
#19
NZ$64.30 (US$53.37) on bitNZ.  I managed to sell a few at NZ$60 yesterday  Smiley
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
March 12, 2013, 03:02:02 PM
#18
Yes
legendary
Activity: 1106
Merit: 1001
March 12, 2013, 03:00:41 PM
#17
Ask me again in mid-April  Cheesy
member
Activity: 112
Merit: 10
March 12, 2013, 02:19:45 PM
#16
It already has on Cavirtex.com! 50 CAD
legendary
Activity: 1008
Merit: 1000
member
Activity: 112
Merit: 11
March 12, 2013, 01:40:12 PM
#14
Probably.

But might take a bit of time - how much damage has been done by the blockchain split remains to be seen, but it augers well that this technical problem has, as far as I can tell, caused no more grief than some delay in getting transactions processed. Does anybody have a real example of a double-spend or actual loss of coins?

I too am in the "Damn - wish I had some fiat on an exchange" camp but have recently been simply sitting back and watching with the bulk of my coins in an offline wallet.

sr. member
Activity: 329
Merit: 250
LTC -> BTC -> Silver!
March 12, 2013, 01:33:18 PM
#13
Sure.
sr. member
Activity: 350
Merit: 257
Trust No One
March 12, 2013, 01:30:00 PM
#12
influx of new users may stop which will cause slow downwards trend; I guess 50 is still possible but from long term view without new users we are heading down
legendary
Activity: 1722
Merit: 1004
March 12, 2013, 01:25:51 PM
#11
Yes.
member
Activity: 78
Merit: 10
March 12, 2013, 12:52:16 PM
#10
Aww come on take a Wild Guess.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
March 12, 2013, 12:51:28 PM
#9
No. It will peak at precisely 49.129837 then fall to precisely 6.92746453424567 and remain for exactly 127 hours before falling to 2.4826153538 for 16.986 days. All this can be considered fact, as I have written it on the Internet.
full member
Activity: 181
Merit: 100
March 12, 2013, 12:50:52 PM
#8
Maybe.
member
Activity: 158
Merit: 10
March 12, 2013, 12:49:18 PM
#7
only way to make money of bitcoin is to sell it. I always thought this rally supported by few big players who pushes price up in hopes that rest of market will pick it up. At some point there will be big sell off but nobody knows or can predict when. My guess it might go over 50 but always will come back
sr. member
Activity: 374
Merit: 250
Tune in to Neocash Radio
March 12, 2013, 12:38:57 PM
#6
No.
sr. member
Activity: 488
Merit: 254
The first is by definition not flawed.
March 12, 2013, 11:20:39 AM
#5
arriving at 50 has been moved to the next 2-3 weeks
legendary
Activity: 2097
Merit: 1071
March 12, 2013, 08:06:02 AM
#4
Yes
full member
Activity: 128
Merit: 100
March 12, 2013, 07:59:26 AM
#3
Hypothesize.
legendary
Activity: 1357
Merit: 1004
March 12, 2013, 07:46:09 AM
#2
Discuss?
b!z
legendary
Activity: 1582
Merit: 1010
March 12, 2013, 07:44:15 AM
#1
Speculate.
Jump to: