Title: Bitcoin Value by Christmas Post by: koalana on November 19, 2013, 01:54:14 AM Bitcoin Value by Christmas?
Take your guess here. My guess: $10,000 USD Title: Re: Bitcoin Value by Christmas Post by: toomsie on November 19, 2013, 06:02:59 AM Bitcoin Value by Christmas? Take your guess here. My guess: $10,000 USD $10,000 your havin a bubble mate. Title: Re: Bitcoin Value by Christmas Post by: sonofliberty on November 19, 2013, 06:50:37 AM Title: Re: Bitcoin Value by Christmas Post by: BitchicksHusband on November 19, 2013, 08:46:09 AM Seriously, $1000 would be pretty good.
Title: Re: Bitcoin Value by Christmas Post by: alexeft on November 19, 2013, 09:28:29 AM My take: $1500-$2500
:o :D Title: Re: Bitcoin Value by Christmas Post by: Taras on November 20, 2013, 03:13:44 PM 1500 :)
Title: Re: Bitcoin Value by Christmas Post by: antoineph on November 20, 2013, 03:19:55 PM squid?
Title: Re: Bitcoin Value by Christmas Post by: Troll Toll on November 20, 2013, 03:22:24 PM somewhere between 400-500
Title: Re: Bitcoin Value by Christmas Post by: young3dvard on November 20, 2013, 03:22:46 PM About 2000 seems possible.
High demand could make it Title: Re: Bitcoin Value by Christmas Post by: darkshadowgirl on November 27, 2013, 09:55:21 PM My guess: $1300 - 1700 ;D
Title: Re: Bitcoin Value by Christmas Post by: mskryxz on November 27, 2013, 09:58:48 PM $1250 or surpass gold at least.
Title: Re: Bitcoin Value by Christmas Post by: zeroday on November 27, 2013, 09:59:54 PM $1899
Title: Re: Bitcoin Value by Christmas Post by: EuroTrash on November 27, 2013, 10:00:41 PM For Xmas I'd expect one USD to be worth around 0.8 millibits. But it could be much less.
Title: Re: Bitcoin Value by Christmas Post by: GriTBitS on November 27, 2013, 10:02:44 PM you ever see people when there is a 50% sale? just imagine a 50% sale if you use bitcoin all across america for christmas! If bitcoin black friday gets some good press, more and more biz will accept it. 2.5k easy
Title: Re: Bitcoin Value by Christmas Post by: Stikaz on November 27, 2013, 10:04:36 PM $1250 or surpass gold at least. Better start to forge jewelry made out of bitcoin. Nicolas Flamel's studies finally make sense! ;D Title: Re: Bitcoin Value by Christmas Post by: Open4lies on November 27, 2013, 10:19:43 PM $1250 - $2000
Or hopefully at least 100 ltc for 1 btc Title: Re: Bitcoin Value by Christmas Post by: exstasie on November 27, 2013, 10:20:30 PM I'm going to be realistic and say maybe $1250. not too crazy, but somewhat reasonable i think.
Title: Re: Bitcoin Value by Christmas Post by: Cryddit on November 27, 2013, 10:23:45 PM dudes. Look at the order book.
https://www.bitstamp.net/market/order_book/ See that very shallowly sloping line on the left? That's bids. See the cliff on the right? That's asks. Looking at this, it appears that you have deep demand and short supply. Usually that means a price goes down. Title: Re: Bitcoin Value by Christmas Post by: Cryddit on November 27, 2013, 10:26:39 PM Looks like somebody wants to sell 2500 coins the instant he can get US$1000 for them.
That is a price cliff that people are going to have to bid under if they want to sell their coins at all. So it'll be a little while I think before that gets demolished. Maybe another couple days. ;D Title: Re: Bitcoin Value by Christmas Post by: viper262 on November 27, 2013, 10:30:48 PM 1400 by Christmas.
Title: Re: Bitcoin Value by Christmas Post by: EuroTrash on November 27, 2013, 11:09:48 PM dudes. Look at the order book. https://www.bitstamp.net/market/order_book/ See that very shallowly sloping line on the left? That's bids. See the cliff on the right? That's asks. Looking at this, it appears that you have deep demand and short supply. Usually that means a price goes down. You're cute. Title: Re: Bitcoin Value by Christmas Post by: sgbett on November 27, 2013, 11:12:27 PM $720
Title: Re: Bitcoin Value by Christmas Post by: the_sunship on November 28, 2013, 12:01:15 AM 1500-2000 at least....
we've got a almost a month before Dec 25th. Remember the price a month ago? :) Title: Re: Bitcoin Value by Christmas Post by: jonat3 on November 28, 2013, 03:51:16 AM dudes. Look at the order book. https://www.bitstamp.net/market/order_book/ See that very shallowly sloping line on the left? That's bids. See the cliff on the right? That's asks. Looking at this, it appears that you have deep demand and short supply. Usually that means a price goes down. Orderbooks are only part of the story. Those walls on bitstamp have been up for awhile, yet each time the price went crashing down, someone has been buying back up. The price has been kept stable for quite awhile. Why, even though those walls are like the walls of Jericho? Simply because people are eager to get past the 1000 dollar wall. They know that this is the cheapest that coins will get, because competition for those coins is fierce when right in front of a psychological treshold. And people who have large btc holdings know that people get frenzied right before a psychological treshold, so they make use of this situation in order to safely monetize their stock of btc without affecting the price too much. This results in a stalemate. But that wall won't last forever. Expect an explosion in price when it comes down. Title: Re: Bitcoin Value by Christmas Post by: shmadz on November 28, 2013, 04:52:27 AM dudes. Look at the order book. https://www.bitstamp.net/market/order_book/ See that very shallowly sloping line on the left? That's bids. See the cliff on the right? That's asks. Looking at this, it appears that you have deep demand and short supply. Usually that means a price goes down. Orderbooks are only part of the story. Those walls on bitstamp have been up for awhile, yet each time the price went crashing down, someone has been buying back up. The price has been kept stable for quite awhile. Why, even though those walls are like the walls of Jericho? Simply because people are eager to get past the 1000 dollar wall. They know that this is the cheapest that coins will get, because competition for those coins is fierce when right in front of a psychological treshold. And people who have large btc holdings know that people get frenzied right before a psychological treshold, so they make use of this situation in order to safely monetize their stock of btc without affecting the price too much. This results in a stalemate. But that wall won't last forever. Expect an explosion in price when it comes down. agreed on the orderbooks part, I prefer to just watch the price action and see if it matches or defies my expectations. Right now price on gox has been just bashing it's head against a roughly 1090 resistance. Someone once told me the more times you test resistance, the more likely that you will break through. On the flipside are the stamp and -e prices, -e is at 907 right now! with gox at 1078! It appears we have some non-believers. Title: Re: Bitcoin Value by Christmas Post by: shmadz on November 28, 2013, 05:45:18 AM 1255 on christmas day, just a hunch
Title: Re: Bitcoin Value by Christmas Post by: Foxpup on November 28, 2013, 07:40:14 AM $1,750
Title: Re: Bitcoin Value by Christmas Post by: BitchicksHusband on November 28, 2013, 03:56:12 PM Seriously, $1000 would be pretty good. I didn't realize I was such a bear... Title: Re: Bitcoin Value by Christmas Post by: Cryddit on November 28, 2013, 07:53:42 PM Holy Crap!
Look at the order book today! Someone has placed a 1.8 million-dollar wall on the 'bid' side! If the price goes down to 925, he or she or they wants to buy damn near 2 million bucks worth of coin. That looks like a strong price support. I bet the price won't hit 924 before New years, now, and I had been thinking it would dip below 900. Or, if anybody with large holdings wants to sell, they can sell right now without moving the market much. https://www.bitstamp.net/market/order_book/ Title: Re: Bitcoin Value by Christmas Post by: Okurkabinladin on November 28, 2013, 07:57:09 PM Title: Re: Bitcoin Value by Christmas Post by: Okurkabinladin on November 28, 2013, 08:01:05 PM Holy Crap! Look at the order book today! Someone has placed a 1.8 million-dollar wall on the 'bid' side! If the price goes down to 925, he or she or they wants to buy damn near 2 million bucks worth of coin. That looks like a strong price support. I bet the price won't hit 924 before New years, now, and I had been thinking it would dip below 900. Or, if anybody with large holdings wants to sell, they can sell right now without moving the market much. https://www.bitstamp.net/market/order_book/ It is decent support, but let me ask you a question. Were you around in april? 100k+ of coins were dumped on Gox in several hours. And today 2k wall at Bitstamp was eaten in about five minutes. Several thousands coins are still nothing in this market, if the pressure is strong enough. Title: Re: Bitcoin Value by Christmas Post by: Carra23 on November 28, 2013, 08:04:59 PM $800-$900
Title: Re: Bitcoin Value by Christmas Post by: blacksails on November 28, 2013, 08:34:38 PM $1500-$2000? Maybe more. I hope for it to stabilize a bit during december. It should still rise, but not as fast as it has done the last couple of days.
Title: Re: Bitcoin Value by Christmas Post by: 600watt on November 28, 2013, 10:43:41 PM it depends on when the correction comes. if it continues like the last two weeks (very doubtful) it would go past $5000,-
if correction comes tomorrow: $ back up to $ 1500,- by christmas. if correction comes on the 23rd: down to .... hm... $1500.... ;) Title: Re: Bitcoin Value by Christmas Post by: terman45x on November 28, 2013, 10:47:05 PM Between $1500 and $2500.
Dont underestimate the increased demand after recent media attention... Title: Re: Bitcoin Value by Christmas Post by: Bitcopia on November 29, 2013, 08:33:11 AM dudes. Look at the order book. https://www.bitstamp.net/market/order_book/ See that very shallowly sloping line on the left? That's bids. See the cliff on the right? That's asks. Looking at this, it appears that you have deep demand and short supply. Usually that means a price goes down. Deep demand would imply there is a lot of demand. Short supply would imply that there is not much supply. Usually that means price goes up. I think you just chose your words wrong, because the market depth lines that you're describing imply that opposite of deep demand and short supply. But just in case nobody here realized. I don't want the rest of the world believing this community isn't capable of grasping the most elementary aspect of economics. :P Also, I don't know how long you've been looking at order books on digital currency exchanges, but they rarely are useful for anything other than very short term price predictions. Title: Re: Bitcoin Value by Christmas Post by: Cryddit on November 29, 2013, 02:43:25 PM Right, I misspoke.
And today the situation appears to be reversed, if you're looking at BTCE. Title: Re: Bitcoin Value by Christmas Post by: johnyj on November 30, 2013, 03:58:09 AM The mass delivery of BFL ASIC devices have been finished, it means the hash rate won't rise as fast as before and soon investing in mining devices will be the popular method of acquiring coins again, this will put a limit on how high the price will reach, I think the current rally will stop around $1500 to $2000
Title: Re: Bitcoin Value by Christmas Post by: FNG on November 30, 2013, 04:03:05 AM $7,360
Title: Re: Bitcoin Value by Christmas Post by: bitcon on November 30, 2013, 04:04:02 AM 8675.309
Title: Re: Bitcoin Value by Christmas Post by: pinacolada on November 30, 2013, 06:53:46 AM 18,291.12
Title: Re: Bitcoin Value by Christmas Post by: Zangelbert Bingledack on November 30, 2013, 09:21:52 AM The mass delivery of BFL ASIC devices have been finished, it means the hash rate won't rise as fast as before and soon investing in mining devices will be the popular method of acquiring coins again, this will put a limit on how high the price will reach, I think the current rally will stop around $1500 to $2000 How long until this happens? Days? Weeks? Months? Title: Re: Bitcoin Value by Christmas Post by: CalibrataBG on November 30, 2013, 09:29:21 AM around 2745$ if we remain the pace
Title: Re: Bitcoin Value by Christmas Post by: bitleif on November 30, 2013, 10:00:32 AM $913
Title: Re: Bitcoin Value by Christmas Post by: chrsjrcj on November 30, 2013, 01:19:15 PM $1,700
Title: Re: Bitcoin Value by Christmas Post by: bitleif on December 26, 2013, 07:59:14 PM Title: Re: Bitcoin Value by Christmas Post by: 600watt on December 26, 2013, 11:05:10 PM nice one! Title: Re: Bitcoin Value by Christmas Post by: BitchicksHusband on December 27, 2013, 03:29:42 AM Seriously, $1000 would be pretty good. I didn't realize I was such a bear... Still too bullish, even as the thread's megabear. Go figure. |