Topic: You heard it hear 1st - page 5. (Read 14516 times)

100% certainty... eventually. Bitcoin is not the future. It may be a stepping stone  to it. It won't be adopted by the masses without major, major changes.

Bitcoin to 120 dollars is a 70% certainty! Someone tell Paypal! These threads are ridiculous.

Would you care to explain how you see that happening instead of just posting some numbers.

WHEN?

Lol, nah we talk to people daily on the streets and all are intersted,unless already super rich.

Wall Street has been wrong for tens of years, what they say is irrelevant in terms of what will happen in the future

Here is my prognosis:

The chances of sub $50: only 10% chance

sub $100: 20% chance

70% chance of:

"Final capitulation" .... looks to stand at around $120-$250

This was my warning back in December:

Heard this before actually.

Well unless paypal/amazon/ebay start to accept bitcoin in which case price will jump or another exchange folds (or similar adverse event) like Mt Gox in which case it will dive  ..nothing much will change the range bound price by the end of Sept  450-550....November is a likely time for a price rise when some substantial good news is expected re new adopters/services and sales/transaction volumes. However the truth is most people do not and cannot know where the price is going unless they are large enough to manipulate the market in the direction they want it to go. Barring that, significant increased/decreased demand will drive the price in either direction.

EDIT

Just saw this

http://www.bloomberg.com/news/2014-09-08/ebay-s-paypal-unit-to-start-accepting-bitcoin-payments.html

So by the end of this month, what will happen?

So when do you expect this to happen?

http://www.coindesk.com/bitcoin-venture-capital/

1. Of the $95million VC invested in 2013  2/3rds or $60M was invested from Oct to December...

2 Of the $185 million invested so far in 2014 the fruits of these investments in terms of bitcoin volume/ increased turnover and demand will not be seen for 6 - 18 months which is a normal "lead time" for any investment.

Those that have invested these large sums do not do so on a whim and have studied and produced business plans that they are implementing and expect to see results in the not to distant future and this is why the $100 dollar price is most unlikely barring any cataclysmic event.

see this year is the 1st year that a new trend will start with BTC... the start of a multi year down swing.  I see it stabilizing at around $100 perhaps for years to come before anything interesting happens now.

the fact remains there is a lot more poeple into bitcoin ( more die hard believers  ) than ever, i can't believe price is inflated.... price was inflated at 1000$, but its not like there wasn't massive dumps at these "inflated" levels, and it snapped back over and over. now price is depressed because everyone that was in it for a quick buck has left. even some "sophisticated investors", are leaving because of the poor performance bitcoins has been showing the past year.

so what, good riddance, we don't need them, they will probably come back at the worst possible entry point anyway, lol.

meanwhile, a buttload of newbies are waiting for predictions like " if we break 440 its going to crash to 350 in hours " to come true b4 buying, i bet most of them haven't even bothered signing up to a exchange and getting ready, when / if that price comes, that will be the kick in the ass they need to send in the AML paper work, only there will be a backlog, we're gonna see the stampede coming, market will have no choice to go back above 500, newbies are going to "wait for bitcoin to crash again b4 buying in" only it will not crash... then some ETF will come out, brokers gonna call people,  the roof will be on fire, "sophisticated investors" are going to come back full force, and bam 5000$ pre bitcoin, and no sign of topping out.

Who cares, think long term and you are winning man.

Oh falling, I know you want to buy in bitcoins for as low as possible but please do be a little more realistic. You WOULD be hoping that bitcoin falls below $400 (me too, if the market grants such an opportunity) but sometimes the greedier you are the more you lose

So basically you are just talking crap like usual.  

you are in the downtrend to a much lower place, better talk about this at least when the price stop dropping

Fallling, what will you do when we eventually are at 2000USD tho?