Bitcoin Forum

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It might bubble up to it very soon.

Probably yes. But it might take one week.

No, i'd think it would take a lot longer than that.  My guess is that bitcoin will go up a bit more, then crash down some.
After that, perhaps it'll reach $300, perhaps by the end of this year if everything goes wild, but IMO it's a bit unlikely.

Unfortunately yes it will hit 300. Maybe even 350. But it will crash after that.

its reaching

I dont think so. 300$ it too much for BitCoin,maybe in a month or two if were lucky.

i think is the trader on mtgox doing the trick , they cant withdraw anyway

In the speculation forum, I predicted (https://bitcointalk.org/index.php?topic=316919.msg3399237#msg3399237) the next crash would stop at $300 :D

If I really knew where the next peak was going to be, I could become a very rich man ;)

Yaay! It's crashing! Now we all wish we had sold at 200!

LOL. I will sell at 400+. Time to invest soon.

But its dropping now, don't regret later :)

Not enough panic I don't think, when you see 2008 style panic then we'll see those kind of prices for Bitcoin.

We are back at 206 and rising. 300 is not out of question yet!

i think that it's going to crash soon..

I think that the correction should happen. But there are no reason to crash.

it is not of the question, but i think we will top out and fall hard before then. if we cross ATH, 300 is next big resistance i think.

consolidation time..... but do we go up or down?  ???

speculation forum is so uber bull that i think we must go down  :D

I hope it will :) Maybe when another large business starts accepting bitcoin. Next thing you know, amazon starts using bitcoin!

yes it will just a matter of when

Eventually yes, but exactly when is impossible to predict!

It's deflating currency - there will be many up / downs but overall it will grow. Every 4 years the amount of generated BTC will be - 50%.  If there will be demand, then if will grow for sure

Agreed, only if there will be not anti BTC laws. Hopefully freedom will be important for political representation.

Yes According to its speed it shows it will reach 300 $ soon.  :P

I think it is a yes  :)

While quite a lot of people seems sure that 300 is a doable limit... i´m not so sure, i think 250 and then people will unload such a large amount of coins that we will be back to around 180 :)

Anti-BTC laws will work as well as anti-filesharing laws or anti-drug laws or anti-speed laws? ;D

I'd still be bullish even if a few governments ban bitcoin (which they have shown no sign of doing; they just seem to wish to enforce AML/KYC protocol on exchanges/MSBs, especially in the USA), though I could see a short-term panic first.

I believe anything is possible, it could even crash to $5.00 if the popularity dies out...

I expect it would raise to atleast $300 or even $500 then it will crash

There's no real reason why bitcoin shouldn't be worth four, five or even more digits USD [per BTC], although I don't think the infrastructure as it stands right now - exchanges especially - is nearly robust enough to justify $1000+/BTC (yet). It will take time; the jury remains out as to whether an exchange like Bitstamp will be able to handle the load of sustained serious heavy trading (thousands of BTC daily, regardless of price movements).

it is not a question of IF but WHEN ...

you have to look at overall averages and not the $30 to $50 spikes up and down, that doesn't mean it's crashing. I believe it will continue to increase as the difficulty rate goes up and also now that it's becoming more mainstream. I think you can still make money on the ups and downs though. People need to start using bitcoins more in their everyday lives and I believe that's what will make the price of bitcoin more stable. The bitcoin ATM Machines that are launched in Vancouver are a very good start in stabilizing bitcoin. Hope to see one soon where I live!

The launch of the bitcoin ATMs in Vancouver has caused quite a bit of discussion as of late the office (Work in payments in Canada).  We even had an event a few months ago where one of the main speakers spoke specifically about BTCs to help get the general public more aware of it, how it is created, pros/cons, etc.  It's quite interesting to see how mainstream it has become in the last few months, and these ATMs are the latest thing which should help create some stability in the price.

If I may jump in, I think wide acceptance of Bitcoin for day-to-day transactions in local contexts e.g. in China or India (or even across large parts of Europe or Africa) will lead to a great demand for Bitcoin. Since the currency has a limit of 21 million BTC the logical thing to happen is that the price of 1BTC will skyrocket and people will eventually use satoshis (100 millionths of a bitcoin) for normal trade. So as long as Bitcoin continues to grow in usage among ordinary people for buying things offline in stores and probably even for salaries and bills, the price of a Bitcoin is guaranteed to rise significantly. 300$ will be trivial at such a time.

Right now 0.01 Bitcoin is around 2$. For say 10 satoshis to be that amount to support millions of users, the full Bitcoin would have to be about 20 million US$  :o
Of course this can take years or decades to achieve, but even with a case of 1 million users there's only 21 BTC per head maximum, which would force the price to grow exponentially for a while.

I really hope so. getting my mining machines in soon. $300 would def help me out.

that would be great!!