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Title: 10k$/BTC by the 31st December 2013? Post by: Gordonium on April 09, 2013, 06:02:09 PM Discuss.
Title: Re: 10k$/BTC by the 31st December 2013? Post by: noedaRDH on April 09, 2013, 06:05:30 PM Won't happen.
Title: Re: 10k$/BTC by the 31st December 2013? Post by: Luckybit on April 09, 2013, 06:05:44 PM It's looking like it could hit 10k by the end of June.
Title: Re: 10k$/BTC by the 31st December 2013? Post by: nobbynobbynoob on April 09, 2013, 06:06:29 PM Discuss. Nah, I don't think so. I think it'll take at least until March 2014. ;D Title: Re: 10k$/BTC by the 31st December 2013? Post by: Luno on April 09, 2013, 06:10:41 PM won't happen. There is a coordinated crack down in all of Europe on offshore holdings France Spain Italy, you name them. Lists are published daily about politicians high profiled individuals, but Bitcoin is flying under the radar as it doubles every few days?
Title: Re: 10k$/BTC by the 31st December 2013? Post by: chiropteran on April 09, 2013, 06:12:03 PM I do not think it is likely to occur, but I think it is possible. Bitcoin thus far has proven that typical expectations and assumptions are often false.
Title: Re: 10k$/BTC by the 31st December 2013? Post by: noedaRDH on April 09, 2013, 06:14:08 PM An end price of around 1k or so by year's end is more likely, but even that is slim. Don't expect 10k any time soon.
Title: Re: 10k$/BTC by the 31st December 2013? Post by: Gordonium on April 09, 2013, 06:16:36 PM won't happen. There is a coordinated crack down in all of Europe on offshore holdings France Spain Italy, you name them. Lists are published daily about politicians high profiled individuals, but Bitcoin is flying under the radar as it doubles every few days? Aren't you contradicting yourself here? Exactly. Title: Re: 10k$/BTC by the 31st December 2013? Post by: Luno on April 09, 2013, 06:19:46 PM won't happen. There is a coordinated crack down in all of Europe on offshore holdings France Spain Italy, you name them. Lists are published daily about politicians high profiled individuals, but Bitcoin is flying under the radar as it doubles every few days? Aren't you contradicting yourself here? It was an ironic rhetorical question, sorry that doesn't always come across on forum posts! Title: Re: 10k$/BTC by the 31st December 2013? Post by: Newscastix on April 09, 2013, 06:23:35 PM Won't happen. Because there will be a point where people stop buying coins when they think they are too "expensive" ... "$1k for just 1 coin???" :o And they don't understand the divisibility. We need to change the units/decimals to make it look cheaper.... Title: Re: 10k$/BTC by the 31st December 2013? Post by: noedaRDH on April 09, 2013, 06:28:49 PM Won't happen. Because there will be a point where people stop buying coins when they think they are too "expensive" ... "$1k for just 1 coin???" :o And they don't understand the divisibility. We need to change the units/decimals to make it look cheaper.... We need to start using "Satoshi's". It'd be easier to get people in if they think they're buying 100's and 1000's of Satoshis instead of one Bitcoin. Title: Re: 10k$/BTC by the 31st December 2013? Post by: mrbitbank on April 09, 2013, 06:50:00 PM It would only need the exchanges to change to mbit as a unit of trade rather then using the full BTC unit. Just use the inbuilt divisability
Title: Re: 10k$/BTC by the 31st December 2013? Post by: IIOII on April 09, 2013, 06:57:44 PM Yep many people say that. My point is that Bitcoin will be successful on its own ground and NOT because of some marketing BS and gimmicks. People will figure out how to call things, no need for marketing BS. +1 You should tell that the guys at The Bitcoin Foundation. Title: Re: 10k$/BTC by the 31st December 2013? Post by: XXthetimeisnowXX on April 09, 2013, 07:07:40 PM Won't happen. Because there will be a point where people stop buying coins when they think they are too "expensive" ... "$1k for just 1 coin???" :o And they don't understand the divisibility. We need to change the units/decimals to make it look cheaper.... agreed Title: Re: 10k$/BTC by the 31st December 2013? Post by: blockbet.net on April 09, 2013, 07:16:30 PM Don't worry, once 1 satoshi is $1 it will all be real simple again ;D
Seriously, I doubt that it'll ever be at 10k$. Title: Re: 10k$/BTC by the 31st December 2013? Post by: BTC Books on April 09, 2013, 07:18:33 PM We need to start using "Satoshi's". It'd be easier to get people in if they think they're buying 100's and 1000's of Satoshis instead of one Bitcoin. Yep many people say that. My point is that Bitcoin will be successful on its own ground and NOT because of some marketing BS and gimmicks. People will figure out how to call things, no need for marketing BS. Indeed. I haven't noticed any slowdown in people lusting after one share of BerkshireHathaway-A - at $140k or so. Value is value. Title: Re: 10k$/BTC by the 31st December 2013? Post by: nobbynobbynoob on April 09, 2013, 08:04:29 PM Don't worry, once 1 satoshi is $1 it will all be real simple again ;D Seriously, I doubt that it'll ever be at 10k$. If bitcoin is to be a widely used and reasonably stable currency, it pretty much has to ride at $10k+/BTC, barring an unlikely deflation of the dollar. There are scaling issues that may need to be addressed, of course, before we can get up there. But bitcoin is traded at the margins, and if rich investors have enough appetite to vacuum up most of the loose bitcoins floating around... Title: Re: 10k$/BTC by the 31st December 2013? Post by: wopwop on April 09, 2013, 08:05:42 PM 1000$ per bitcoin by apr 18th seems more accurate
Title: Re: 10k$/BTC by the 31st December 2013? Post by: noedaRDH on April 09, 2013, 08:13:10 PM I think using a smaller unit like Satoshi also makes it easier for people who only want to buy a very small fraction of a one BTC, just to see how they can do it in everyday life. Sure, if 1 BTC = $10k, people could get out a calculator and see what their 5 dollars are worth in BTC but it just gets confusing for the average joe. And for wide adoption of Bitcoins, we need to cater to the average joe.
Title: Re: 10k$/BTC by the 31st December 2013? Post by: wopwop on April 09, 2013, 08:13:52 PM I think using a smaller unit like Satoshi also makes it easier for people who only want to buy a very small fraction of a one BTC, just to see how they can do it in everyday life. Sure, if 1 BTC = $10k, people could get out a calculator and see what their 5 dollars are worth in BTC but it just gets confusing for the average joe. And for wide adoption of Bitcoins, we need to cater to the average joe. tldr: we need more stupid suckers to buyTitle: Re: 10k$/BTC by the 31st December 2013? Post by: noedaRDH on April 09, 2013, 08:18:06 PM I think using a smaller unit like Satoshi also makes it easier for people who only want to buy a very small fraction of a one BTC, just to see how they can do it in everyday life. Sure, if 1 BTC = $10k, people could get out a calculator and see what their 5 dollars are worth in BTC but it just gets confusing for the average joe. And for wide adoption of Bitcoins, we need to cater to the average joe. tldr: we need more stupid suckers to buyNah it's not about stupid suckers or anything like that. If Bitcoin grows to be really big in the next couple of months/years, the average person can't think of buying a single Bitcoin, they simply can't afford to. Use smaller units to help them out, that's all I'm saying. Title: Re: 10k$/BTC by the 31st December 2013? Post by: jerk on April 09, 2013, 08:40:17 PM It seems like the shift to decimal places is already starting, most of the listings on ebay are for fractional Bitcoins.
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