Bitcoin Forum

So what is everyones prediction for the average USD price of Bitcoin in 2014?  

$10/$1000

$750

here have a graph

http://i44.tinypic.com/21ct5ih.png

here here
:-)

Most accurate prediction I have seen so far :)

2014 Yearly Avg $425

2014 Monthly Breakdown:

Jan: 150
Feb: 200
March:250
April:300
May:350
June:400
July:450
Aug:500
Sep:550
Oct:600
Nov:650
Dec:700

Confidence: 0-100%

0-500$

If it wasn't already, Bitcoin is definitely on its way to an interesting adventure.
Grab as much as you can, buy as much stuff with it as you can,
and please leave arms and legs in the bitcoin bandwagon, it's like a tron semi and it's going at 200m/s.

bitcoin has been following the price of gold. With the government shutdown next week it should spike to around $200. The longer the shutdown the higher it will go. Notice how the trading volume has increase several fold on mtgox. BTC has become a store of value since the Cyprus crisis

The question to ask which may lead to the answer to this one is what could/may/is likely to occur that could affect the price of Bitcoin.

I think sooner rather than later it would be no longer good to measure price in USD. Dollar is back on the way to shit IMHO, exchange price has already dropped to 6 month minimum here, and it's not that CZK price is rising - Euro is still high. If it would go another 0,5 CZK/USD, than it would be lowest price in 2 years. It is now <19 CZK/USD, lowest price in history was 16,35 in may 2011.

Agreed but there wont be a US shutdown next week.  there will be a last minute, saved by the bell deal where all sides will claim political credit for saving the world economy while just kicking the can a few months further down the road.

However, if the world economy tanks (which it is due to) then BTC may well spike again!

I hope it doesn't because is better for everyone and in particular the families that are dependent on their federal salary. Depending on your age, you may remember the shutdown during the clinton years. As a side note DHS has been moving their civil unrest resources to region 3 (DC,Virgina,Marylan) and troops have their leave canceled after oct 1st. The administration  maybe preparing for a long fight (youtubers claim is because of ISON of course lol), so we'll see on Tuesday.

I predict a new years/spring rally in 2014 from anything between 500-2000 USD.

Average about 150, many scenarios possible, the most intreresting is rise to about 250 and fall to under 1 in 3rd or 4th quarter of 2014. Life is bitch if it really happens

￥2000 ;D

Middle of next year, my estimation is at least about $350-$400, and would be disappointedly surprised were it much below that.

2014 Monthly :

Jan: 150
Feb: 150
March:200
April:250
May:200
June:200
July:180
Aug:210
Sep:240
Oct:210
Nov:300
Dec:280

Did you draw up that graph when you were drunk?  lol ...

The prediction scale is awesome.

Everything around it is a convoluted mess.  Its a great concept though.  You should put it on an actual graph with actual X and Y axis with proper labels at the various increments.

5000 hrs on ms paint!

 

volume-weighted or daily average or what?

$2800 vwap across exchanges

2014 -     $300
2015 -   $1,500
2016 -   $7,500
2017 - $37,500

this means that $60 in 2013 is fine.  (because we started at $12)

In the year 2014, bitcoin will explode in value on a grand scale.  By November, expect 1 bitcoin to be accepted payment for a G5.

By spring of 2016, expect that same 1 bitcoin to buy the manufacturer.



You heard it here first kids.

it will reach 1000,- € within 2014

then this community must be full of million airs and have good fun and enjoyment

it will a funny forum 8)

& keep in mind:

https://bitcointalk.org/index.php?topic=285771.msg3055867#msg3055867

but I don't want to go on moon as bitcoin hit 1000 I want to enjoy here on this earth I always afraid to be on top of floor

If the current bubble period deflates completely (no new bubble starts after capitulation), then the average price for 2014 could be about 100$,
with a slow rise eventually leading to a new ATH (when will it happen, I don't have a clue).
If the current bubble period reaches final capitulation around 80$, but a new bubble period forms immediately, with some more fiat injected into
exchanges, the average price for 2014 could reach about 200$ (I find this the most probable scenario).
The uber-bullish scenarios imply huge amounts of fiat hitting the exchanges, and IMO this won't happen. On the contrary, the big investors may
try to suppress (manipulate downwards) the price on the exchanges.

how would 80 be capitulation? Capitulation would mean going below 55, testing old ATH of 33 and going lower if it failed. I don't see it happening. Drop to 80 would not be capitulation.

looks like the SR shutdown is already dropping the price :(

http://www.reuters.com/article/2013/10/02/crime-silkroad-raid-idUSL1N0HS12C20131002
http://krebsonsecurity.com/wp-content/uploads/2013/10/UlbrichtCriminalComplaint.pdf

https://i.imgur.com/7jfZLgw.png

IMO, considering the current ratio of BTC to fiat on MtGox, 80s for final capitulation is credible.
Just like 67$ was at the beginning of July. Capitulation is not defined by a particular value, but by price evolution.
If it's going to be at 100$ instead of 80$, will still be capitulation. You may call it partial capitulation if you want to.

You clearly do not understand the bubble cycle and meaning of capitulation in this cycle.