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Topic: will the bitcoin reach $1000 one day...? - page 72. (Read 112647 times)

full member
Activity: 227
Merit: 100
October 19, 2013, 11:44:26 AM
With btc china and india, I somehow think that this will go up from here. A lot of new people are pouring in from those 2 countries. To answer the question, I don't think that 1000 is possible soon, but a consistent 200, I think that IS possible.
sr. member
Activity: 532
Merit: 250
October 19, 2013, 11:39:45 AM
$166.2 What the ...Huh


Why is the price going up?

´cause you are sitting on your coins all the time ... Cheesy


But soon everyone will sell and it will drop Tongue
newbie
Activity: 23
Merit: 0
October 19, 2013, 11:27:55 AM

And the nice thing about the entrepreneurs, that we the savers are in supporting the value of bitcoin, is that if we make the wrong decisions, our prosperity will evaporate and we fall back to the ranks of the wage-earning masses, as we deserve.


The sweet thing about bitcoin is that you don't have to convince anyone that it is good. You just put your money where your mouth is and bitcoin will win the argument for you. I remember discussions like this with colleagues in 2011, where I was like "but shouldn't you buy at least a few, there is so much upside and you can only lose the money you buy for", and they were like "I just don't believe in the idea", "But surely it has *some* chance of succeeding?", "No". That was around $5, at $10 I could taunt him, after that it became too cruel to mention.
legendary
Activity: 2338
Merit: 2106
October 19, 2013, 09:06:39 AM
$166.2 What the ...Huh


Why is the price going up?

´cause you are sitting on your coins all the time ... Cheesy
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
October 19, 2013, 07:51:36 AM
We see the price rising pretty fast now, with such pace 200 migh be hit at the end of this month and 1000 at the end of this year
hero member
Activity: 1492
Merit: 763
Life is a taxable event
October 19, 2013, 06:56:14 AM
$166.2 What the ...Huh


Why is the price going up?
full member
Activity: 140
Merit: 100
October 19, 2013, 03:00:28 AM
Well the bitcoin has reached more than 3.5M in Zimbambwean dollars.

I don't see why U.S. dollars will be much different in the long run. 

There is a lot differences between Zimbabwe and United states, dont you think?

Hyperinflation in United states is not likely in next decades, it would mean worldwide hyperinflation, while no one gave fuck about Zimbabwe hyperinflation  Smiley
hero member
Activity: 1492
Merit: 763
Life is a taxable event
October 18, 2013, 08:18:58 PM
Well the bitcoin has reached more than 3.5M in Zimbambwean dollars.

I don't see why U.S. dollars will be much different in the long run. Bitcoin has some real buying power, people already count their moneys in the thousands of bitcoin mBTC and soon they will be in μBTC or millionths of it. One day, we may even be spending BTC in satoshis....


1 BTC = 100,000,000 Satoshis
1 hamburger is around $4
1 BTC = $153.3 (currently)
1 Burger = 0.02609 BTC or 2,609,000 Satoshis

Personally I like thinking in satoshis, It makes me feel rich as hell!
newbie
Activity: 42
Merit: 0
October 18, 2013, 08:14:03 PM
i think bitcoin must be 300$  Roll Eyes
legendary
Activity: 1148
Merit: 1001
October 18, 2013, 08:07:14 PM
I believe last days incereasing of the price shows it has potential to hit 1000 sooner than most think. Maybe even this christmas - this would be wonderfull christmas present

My kids would be very happy that "Santa" has more funds to use this year. Wink
member
Activity: 115
Merit: 10
October 18, 2013, 07:51:31 PM
I believe last days incereasing of the price shows it has potential to hit 1000 sooner than most think. Maybe even this christmas - this would be wonderfull christmas present
hero member
Activity: 2688
Merit: 588
October 18, 2013, 04:58:05 PM
hope it will drop 50% from now
full member
Activity: 125
Merit: 100
October 18, 2013, 04:56:12 PM
it will worth nothing one day , i don know when but one day Smiley
hehe, yes, think of what happens when decryption methods have progressed so much and bitcoin encryption is broken! what then?!?!


Sha256 can be replaced with better encryption if Sha256 can be broken one day. I dont believe it will happens, but there is such possibility
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
October 18, 2013, 04:25:01 PM
The bubble, which never fully deflated, could easily get inflated again.

What would qualify as the bubble fully deflating?

just guessing, but maybe we some healthy capitulation!!  Grin

The summer collapse to $65 looked pretty capitulationish to me. Grin
hero member
Activity: 553
Merit: 500
October 18, 2013, 03:56:26 PM
it will worth nothing one day , i don know when but one day Smiley
hehe, yes, think of what happens when decryption methods have progressed so much and bitcoin encryption is broken! what then?!?!

think of gov control or pressure !
legendary
Activity: 2338
Merit: 2106
October 18, 2013, 03:54:51 PM
it will worth nothing one day , i don know when but one day Smiley
hehe, yes, think of what happens when decryption methods have progressed so much and bitcoin encryption is broken! what then?!?!

update.
or... if it is really getting tough: migration
sr. member
Activity: 479
Merit: 500
October 18, 2013, 03:44:38 PM
it will worth nothing one day , i don know when but one day Smiley
hehe, yes, think of what happens when decryption methods have progressed so much and bitcoin encryption is broken! what then?!?!
sr. member
Activity: 437
Merit: 255
October 18, 2013, 03:43:20 PM
it will worth nothing one day , i don know when but one day Smiley

Sure - but we all will die for sure one day. What kind of statement is that ?
hero member
Activity: 553
Merit: 500
October 18, 2013, 03:11:13 PM
it will worth nothing one day , i don know when but one day Smiley
sr. member
Activity: 479
Merit: 500
October 18, 2013, 03:00:43 PM
The bubble, which never fully deflated, could easily get inflated again.

What would qualify as the bubble fully deflating?

just guessing, but maybe we some healthy capitulation!!  Grin
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