Bitcoin Forum

Other => Beginners & Help => Topic started by: emmanuel645 on March 28, 2013, 03:36:43 PM



Title: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: emmanuel645 on March 28, 2013, 03:36:43 PM
http://betsofbitco.in/item?id=1377 (http://betsofbitco.in/item?id=1377)

Quote
The price of bitcoin will be exchanged for $1000 USD or more at any time before 12:00am January 1st, 2015. It need not hold for any period of time, bet closes as soon as it hits $1000 or at the end of the time period.

In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use.

So what do you think ?


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: Lethn on March 28, 2013, 03:59:58 PM
I'm optimistic for it but I think 2015 might be more realistic.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: TCollar on March 28, 2013, 04:08:36 PM
I actually bet it will crsah within a year,  I hope not. I really hope not but I think it will.

Now I could bet on this, but if I lose, then I lose btc X 1000 in dollars.  If I win, then I win zero.  So the best bet for me is to not bet.



Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: imbladednow on March 28, 2013, 04:21:12 PM
I hope this statement is true, but im not gambler so i wouldnt bet now.



Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: DannyHamilton on March 28, 2013, 04:50:18 PM
So what do you think ?

I think it is impossible to predict the exchange rate that far in the future.  It certainly won't surprise me if it gets to $1000 before the end of 2014, but it also won't surprise me if it never exceeds $100 and drops to $0.01 before the end of 2014.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: pbnkb on March 28, 2013, 04:56:21 PM
$200 possibly


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: samyaza on March 28, 2013, 07:58:46 PM
Not a chance. the bitcoin can fall at any moment! is not a safe investment. Is true could reach few hundred dollars, but is the risk of falling every time. Like just another Wall Street thing.  ;)


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: ar9 on March 28, 2013, 08:38:39 PM
That's a really high number.

While it's of course possible, I really just don't see it happening...


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: mctrix on March 28, 2013, 09:27:19 PM
with the same growth it has shown for the past ~3 months it will take ~27 more months or 2.25 years which will be mid way through 2015 to get to 1k


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: World Commerce on March 28, 2013, 11:36:45 PM
That's a really high number.

While it's of course possible, I really just don't see it happening...

Agreed.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: Joe_Bauers on March 29, 2013, 01:09:48 AM
Probably both $30 and $1000 before 2014  :o


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: TsuyokuNaritai on March 29, 2013, 01:29:36 AM
Hmm... would anyone care to sell me 1k satoshis for 1 cent?

(or does it have to be a whole bitcoin?)


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: baritus on March 29, 2013, 01:32:41 AM
I think that's a bit too high, especially with ASIC's making it so much easier to mine them.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: fixyourtech on March 29, 2013, 02:05:42 AM
I think that's a bit too high, especially with ASIC's making it so much easier to mine them.
Remember the more power on the network, the more the difficulty increases.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: AKH on March 29, 2013, 02:23:25 AM
It's really anyone's guess at this stage!


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: Zooey on March 29, 2013, 02:57:06 AM
http://betsofbitco.in/item?id=1377 (http://betsofbitco.in/item?id=1377)

Quote
The price of bitcoin will be exchanged for $1000 USD or more at any time before 12:00am January 1st, 2015. It need not hold for any period of time, bet closes as soon as it hits $1000 or at the end of the time period.

In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use.

So what do you think ?

If you believed this enough to place the bet in favour, what possible argument could make placing it a better idea than simply holding onto said-coin?


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: shockvibee on March 29, 2013, 03:06:27 AM
I think if the bitcoin does what its intended for that there will be some sort of medium, determined within the next year I guess, that will result in a flat-fiat-value.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: Ares on March 29, 2013, 03:07:13 AM
Yup.


Will bump when it happens to confirm my Wizard status.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: TsuyokuNaritai on March 29, 2013, 03:38:01 AM
http://betsofbitco.in/item?id=1377 (http://betsofbitco.in/item?id=1377)

Quote
The price of bitcoin will be exchanged for $1000 USD or more at any time before 12:00am January 1st, 2015. It need not hold for any period of time, bet closes as soon as it hits $1000 or at the end of the time period.

In the event that MtGox does not exist anymore, the site moderator here at betsofbitco.in will determine which exchange's data we use.

So what do you think ?

If you believed this enough to place the bet in favour, what possible argument could make placing it a better idea than simply holding onto said-coin?

Presumably he'd still get it back when he won the bet.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: Franki23 on April 07, 2013, 06:39:02 PM
Maybe up to 2000 USD if more people buy bitcoins


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: thesilentbob on April 07, 2013, 06:46:02 PM
$982 on Dec 31st 2014


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: exynos645 on August 28, 2013, 09:15:39 AM
I am sure that it will reach 1000 dollar because Greece will need another bailout before the end of this year and all the other economic disasters that are going to happen next year.


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: Clou7 on August 28, 2013, 09:27:47 AM
I think it will all depend on how governments see if they see it as a currency (like Germany) ya i think it will easy hit 1K+


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: reannypleas on August 28, 2013, 09:31:55 AM
Quote
Total agree bets: 1.50
Total disagree bets: 1.50

I would disagree, but the worst part is you have to wait more than one year to win


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: WatSuzi on August 28, 2013, 09:32:28 AM
1000$ unstable spike? Maybe within 5 next years.
1000$+ stable? Maybe even 3k$? 10-20 years.
8)


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: elor70 on August 28, 2013, 10:21:21 AM
no way,too much maybe 200


Title: Re: bitcoin will reach $1000 USD before the end of 2014 (BET)
Post by: exynos645 on August 28, 2013, 12:12:43 PM
http://bitcoincharts.com/charts/chart.png?width=940&m=mtgoxUSD&SubmitButton=Draw&r=&i=&c=0&s=&e=&Prev=&Next=&t=S&b=&a1=&m1=10&a2=&m2=25&x=0&i1=&i2=&i3=&i4=&v=1&cv=0&ps=0&l=0&p=0&

waiting for the third bubble !!!