Bitcoin Forum

any one have an idea when we might break the $10 ceiling? $15? $20?

Tuesday 4:18pm.

When somebody starts buying.

haha, priceless ;0

what timezone?

All of them. It's a rolling...oh wait.

$10 EST
$15 PST
$20 HST

Be sure to post on the forum when that happens... I'm on GMT+1 so I'll miss it.

10$ in the next week. 20$ in the next month depending on the kind of media coverage this gets. If the mainstream media breaks a positive story on them I'd expect the price shoot up 50$+. These are my predictions not financial advise.

$10 in the next month, maybe $20 by the end of the year if they whole project doesn't come crashing down.  Again, if it doesn't go under, maybe $50 sometime next year.

I believe it very difficult for btc to reach 20$ by the end of the year-
My feeling is that it will be much much sooner or never-

My last prediction was for 10$ before July a while back-  solely based on the premise that I figured most polls were wrong and the majority voted for after July-

It's about to tip big time over the next months- my humble opinion of course-

Cautiously buying a few for 8.69 today... My last (small) purchase was at 7.05.

this reads like a sin graph

Volume should be low over the next three days (Sat,Sun,Mon) since it's a long holiday weekend in the USA.  Good time to buy I think

That's way too linear-

edit:
There are going to be new services, new businesses, more coverage and more people coming into bitcoin along with terrible news about our dear fiat currencies, so it seems very unlikely that we will deal with a linear progression regardless of the direction-

I think that the BTC:$ ratio will continue to increase (9:1->10:1).   BTC has increased in value among Bitcoin advocates and users, and the dollar is simultaneously loosing subjective value, albeit at a slow rate.

Further, as people trade Dollars for Bitcoins, the supply of Dollars will increase (duh!), and the 'price' or value of dollars will decrease.   That is price inflation, which is consumer-driven inflation; monetary inflation occurs when the issuer of the currency dumps more of the currency on the open market.   Difference lies in who is dumping, though monetary inflation is much more arbitrary than price inflation, because the market drives price inflation/deflation whereas a single entity drives monetary inflation/deflation.

As people generate Bitcoins, the supply of Bitcoins will increase (duh!), thus the 'price' or value of Bitcoins will decrease.   However, monetary inflation and price inflation are essentially conflated when it comes to Bitcoins, as anyone can generate (or issue) and trade Bitcoins.

However, I predict that the subjective value of Bitcoins will increase, even though the supply is increasing, because I believe that more and more people will embrace Bitcoin for more and more trading purposes, namely those that are doing the heavy mining.   Those miners gotta spend their Bitcoins sometime.   Thus, the 'price' of Bitcoins should become more and more stable as more and more people trade for Bitcoins and generate Bitcoins.

If people stop generating Bitcoins, then BTC may experience deflation; it depends on how much value people put in Bitcoins after generation peaks.   If people stop trading Bitcoins, then BTC will become absolutely worthless because they will dump BTC for $ (or whatever).   If Bitcoins are dumped, then the ratio of BTC:$ might just flip, depending on the relative subjective value of Dollars and the relative subjective value of Bitcoins.   However, a generation peak does not necessarily mean that people will dump Bitcoins.  OTOH, deflation will eventually kick in, and prices will necessarily fall, assuming that more and more people continue to embrace BTC.

I am very excited to see what will happen to Bitcoin.

Yeah, that's basically my optimistic outlook, though I am a bit skeptical of $20 by years end.

Due to rising activity on the forum, i am espect 10 in june.

Get Bitcoin featured on a big time financial show and you'll see it's worth explode.  Probably not a good thing though, I think that might induce a crash as people who have been holding it for awhile decide to cash-out.  Maybe not though.

$20 by August. $100 by Dec 31st.

$10 on June 5th, 6:44 PM
$25 on August 18th, 5:50 PM
$1 on August 19th, 4:18 AM
$46.58 on December 31, 11:59 PM

I bet this, or $0 at the end of the year.

so borrow BTC and buy options.

$ 1000 by Dec 31st. or substantially below today's price

BWAHAHAHAHAHA!!!