Bitcoin Forum

Economy => Speculation => Topic started by: b!z on March 12, 2013, 12:44:15 PM



Title: Will Bitcoin ever hit $50?
Post by: b!z on March 12, 2013, 12:44:15 PM
Speculate.


Title: Re: Will Bitcoin ever hit $50?
Post by: arruah on March 12, 2013, 12:46:09 PM
Discuss?


Title: Re: Will Bitcoin ever hit $50?
Post by: checkers6676 on March 12, 2013, 12:59:26 PM
Hypothesize.


Title: Re: Will Bitcoin ever hit $50?
Post by: samson on March 12, 2013, 01:06:02 PM
Yes


Title: Re: Will Bitcoin ever hit $50?
Post by: SaintFlow on March 12, 2013, 04:20:39 PM
arriving at 50 has been moved to the next 2-3 weeks


Title: Re: Will Bitcoin ever hit $50?
Post by: Rothgar on March 12, 2013, 05:38:57 PM
No.


Title: Re: Will Bitcoin ever hit $50?
Post by: aurora on March 12, 2013, 05:49:18 PM
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


Title: Re: Will Bitcoin ever hit $50?
Post by: MonadTran on March 12, 2013, 05:50:52 PM
Maybe.


Title: Re: Will Bitcoin ever hit $50?
Post by: RodeoX on March 12, 2013, 05:51:28 PM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: mr chong on March 12, 2013, 05:52:16 PM
Aww come on take a Wild Guess.


Title: Re: Will Bitcoin ever hit $50?
Post by: Melbustus on March 12, 2013, 06:25:51 PM
Yes.


Title: Re: Will Bitcoin ever hit $50?
Post by: GeoRW on March 12, 2013, 06:30:00 PM
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


Title: Re: Will Bitcoin ever hit $50?
Post by: randrace on March 12, 2013, 06:33:18 PM
Sure.


Title: Re: Will Bitcoin ever hit $50?
Post by: cdb000 on March 12, 2013, 06:40:12 PM
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.



Title: Re: Will Bitcoin ever hit $50?
Post by: SkRRJyTC on March 12, 2013, 07:18:12 PM
Probably.

Does anybody have a real example of a double-spend or actual loss of coins?


https://bitcointalk.org/index.php?topic=152348.0


Title: Re: Will Bitcoin ever hit $50?
Post by: Surpbitcoin on March 12, 2013, 07:19:45 PM
It already has on Cavirtex.com! 50 CAD


Title: Re: Will Bitcoin ever hit $50?
Post by: Piper67 on March 12, 2013, 08:00:41 PM
Ask me again in mid-April  :D


Title: Re: Will Bitcoin ever hit $50?
Post by: Spaceman_Spiff on March 12, 2013, 08:02:02 PM
Yes


Title: Re: Will Bitcoin ever hit $50?
Post by: keewee on March 12, 2013, 08:17:53 PM
NZ$64.30 (US$53.37) on bitNZ.  I managed to sell a few at NZ$60 yesterday  :)


Title: Re: Will Bitcoin ever hit $50?
Post by: rpietila on March 12, 2013, 08:56:27 PM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: Ivica on March 12, 2013, 09:03:22 PM
50$? Ever? Yes.
This month? Probably no.
Next month? Maybe.


Title: Re: Will Bitcoin ever hit $50?
Post by: donjoe on March 12, 2013, 09:22:01 PM
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. :P


Title: Re: Will Bitcoin ever hit $50?
Post by: zkay on March 13, 2013, 05:27:29 AM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: tbeau1 on March 13, 2013, 05:33:29 AM
Already hit $50 today on Bitfloor.


Title: Re: Will Bitcoin ever hit $50?
Post by: 420 on March 13, 2013, 05:38:46 AM
March 17


Title: Re: Will Bitcoin ever hit $50?
Post by: rpietila on March 13, 2013, 06:37:51 AM
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?  :D

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.


Title: Re: Will Bitcoin ever hit $50?
Post by: julius on March 13, 2013, 09:20:14 AM
Yes. Today it will hit 50.


Title: Re: Will Bitcoin ever hit $50?
Post by: afbitcoins on March 15, 2013, 09:33:32 PM
It will hit $50 before the end of March

 8)


Title: Re: Will Bitcoin ever hit $50?
Post by: CoinDiver on March 15, 2013, 09:37:21 PM
We will crack $50 on 4/20... call it the SR effect.


Title: Re: Will Bitcoin ever hit $50?
Post by: Surpbitcoin on March 15, 2013, 10:17:51 PM
We will crack $50 on 4/20... call it the SR effect.

+1


Title: Re: Will Bitcoin ever hit $50?
Post by: rpietila on March 16, 2013, 06:38:45 AM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: yokosan on March 16, 2013, 08:01:18 AM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: rpietila on March 16, 2013, 08:58:30 AM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: n8rwJeTt8TrrLKPa55eU on March 16, 2013, 02:44:52 PM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: Brushan on March 16, 2013, 03:13:08 PM
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.


Title: Re: Will Bitcoin ever hit $50?
Post by: 1Pakis on March 16, 2013, 04:54:08 PM
Money in Cypriot banks are half Russian money. The problem in Cyprus is way more complex than you think.


Title: Re: Will Bitcoin ever hit $50?
Post by: n8rwJeTt8TrrLKPa55eU on March 16, 2013, 05:08:01 PM
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...


Title: Re: Will Bitcoin ever hit $50?
Post by: Tomatocage on March 16, 2013, 05:23:51 PM
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"


Title: Re: Will Bitcoin ever hit $50?
Post by: Crypt_Current on March 16, 2013, 08:35:15 PM
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


Title: Re: Will Bitcoin ever hit $50?
Post by: donjoe on March 18, 2013, 11:22:38 PM
Well well. You just couldn't help yourselves, could you. $50 broken way before the end of the month.


Title: Re: Will Bitcoin ever hit $50?
Post by: Vladimir on March 18, 2013, 11:27:23 PM
Ohh my, time to rename this thread.


Title: Re: Will Bitcoin ever hit $50?
Post by: nobbynobbynoob on March 18, 2013, 11:28:02 PM
Change it to "Will Bitcoin ever hit $10k?" ;D


Title: Re: Will Bitcoin ever hit $50?
Post by: Beta-coiner1 on March 18, 2013, 11:28:46 PM
Who's up for a $60 thread?


Title: Re: Will Bitcoin ever hit $50?
Post by: Newscastix on March 19, 2013, 12:20:29 AM
Change it to "Will Bitcoin ever hit $10k?" ;D

lets go for 60 first... we might get that within this week


Title: Re: Will Bitcoin ever hit $50?
Post by: Beta-coiner1 on March 19, 2013, 05:18:57 PM
Change it to "Will Bitcoin ever hit $10k?" ;D

lets go for 60 first... we might get that within this week
60 has already been hit.Perhaps a 70 thread.