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Topic: will the bitcoin reach $1000 one day...? - page 79. (Read 112647 times)

sr. member
Activity: 350
Merit: 250
September 29, 2013, 05:33:59 AM
why $1000 and why not 1 million?


1 million is not possible, come on Roll Eyes
full member
Activity: 198
Merit: 100
September 29, 2013, 05:26:05 AM
I doubt we will break $150 in the short term unless some really positive news comes out .

Currently the order books of the major exchanges has lots more volume of sellers at the $140 ish level while the buyer volumes look weak in comparison .

Personally I feel the sellers are dominant approaching $140-$150 area for now .

Personally I would use the $120 ish area for buying, dollar cost averaging to as close the that figure as possible.

And try to sell over $140 .

On Mtgox we have in recent weeks tested resistance at $148 ish but have seen a sharp rejection .

I personally would not short bitcoin since there are few news events that can take the value to zero .

Yet there are thousands of news events that could raise the value of bitcoin .

 
staff
Activity: 3304
Merit: 4115
September 29, 2013, 04:47:31 AM
scratch that -- i think it may even be sooner than one month. 3 weeks -- i think we are going to be above $1000 in 3 weeks. you heard it here!!  Grin


Wow. I must disagree with you. But, you look confident it will happen. I doubt it very much though.
sr. member
Activity: 348
Merit: 250
September 29, 2013, 04:44:17 AM
why $1000 and why not 1 million?
newbie
Activity: 3
Merit: 0
September 29, 2013, 04:41:28 AM
If the bitcoin price manages to stay above 140 (at MtGox), 1000 is likely within a year, I think. If, however, the 140 resistance level holds, we will probably have to go down first.

I expect bitcoin to reach $1000 without doubt, unless the coin is hacked or a competitive coin emerges very soon.
legendary
Activity: 1036
Merit: 1000
Thug for life!
September 29, 2013, 04:14:26 AM
scratch that -- i think it may even be sooner than one month. 3 weeks -- i think we are going to be above $1000 in 3 weeks. you heard it here!!  Grin
hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
September 29, 2013, 02:14:30 AM

what if it becomes trendy to own at least one bitcoin ? there are probably 500 mio people in the world who could afford 1 btc at current prices.


That's like saying there are 349 people who wish to eat these 2 pieces of cake in front of me... Smiley

Let's try again, to make your point clear:

Quote

what if it becomes trendy to own at least one some bitcoin ? there are probably 500 mio people in the world who could afford 1 btc at current prices - that's a total value of 60 000 000 000 invested (or converted) into bitcoins. At maximum 21 million coins, assuming no coins were ever lost, this turns out to be ~ USD $2,800 per coin.

hero member
Activity: 658
Merit: 500
September 28, 2013, 11:42:42 PM
not for a while. we have to go down first!  Smiley
legendary
Activity: 1610
Merit: 1004
September 28, 2013, 11:35:54 PM
no doubt it will reach 1000
full member
Activity: 126
Merit: 101
September 28, 2013, 10:21:19 PM
Considering that there will always be a limited number of Bitcoins, the greater the use the greater the value that must be stored in each Bitcoin. I expect the exchange rate to exceed $1000 USD soon.
newbie
Activity: 6
Merit: 0
September 28, 2013, 09:39:35 PM
Assuming BTC displaces companies like Western Union (market cap $10.2 billion vs $1.6 billion for BTC), yes, it will reach $1,000.
hero member
Activity: 784
Merit: 1000
Annuit cœptis humanae libertas
September 28, 2013, 09:07:40 PM
i think it will reach $1000 in 1 month.  Cool

Haha, I don't, and I'm almost as bullish as Vladimir, rpietila and Rick Falkvinge before he started shorting bitcoin. Grin
legendary
Activity: 1036
Merit: 1000
Thug for life!
September 28, 2013, 08:07:22 PM
i think it will reach $1000 in 1 month.  Cool
legendary
Activity: 1680
Merit: 1035
September 28, 2013, 06:16:06 PM
i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now.  Cool


Then buy one btc, and sell it when it is higher than 1k usd Smiley

Sell for what, USD/EUR? Why? That's like saying, "As soon as my classic 1960's Aston Martin reaches $100,000, I'll sell it and get an AMC Gremlin Tongue

Just spend it on something you need, or hold on to it until you need to buy something.
sr. member
Activity: 350
Merit: 250
September 28, 2013, 05:53:00 PM
Ok, good luck Smiley
sr. member
Activity: 476
Merit: 250
September 28, 2013, 05:48:17 PM
i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now.  Cool


Then buy one btc, and sell it when it is higher than 1k usd Smiley
But still, you could wait a long time ^^
i plan to do that, but i am also trying to tuck more away for when they are worth much, much more than 1k usd  Grin
sr. member
Activity: 532
Merit: 250
September 28, 2013, 05:02:36 PM
i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now.  Cool


Then buy one btc, and sell it when it is higher than 1k usd Smiley
But still, you could wait a long time ^^
sr. member
Activity: 476
Merit: 250
September 28, 2013, 04:59:26 PM
i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now.  Cool
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
September 28, 2013, 03:20:08 PM
Wasnt the price around 320 back in April?

No, the high was at arround 270 usd.
member
Activity: 84
Merit: 10
September 28, 2013, 12:47:52 PM
Wasnt the price around 320 back in April?
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