Bitcoin Forum

on what price do you expect BTC will stabilize after this roller coaster?

in april on mt. gox it was around half of max 266 usd. if that would be case now with max 900 usd, it should be around 450 usd.

what do you think? will it be higher or lower?

it will go higher but might fall at the beginning of next year.

600usd will be the new normal...

Wishful thinking rather than reason may underpin my belief..

Perhaps a good indicator is its one month moving average? It's pretty much a dice roll I think.

I think with such hype, price of BTC will be not stable anytime soon, I expect rises following with corrections

Bitcoin is already valued well above what eBay paid for PayPal $1.5bn...

so lets speculate what it's value is worth if it could pull off as many transactions as the VISA payment system...

you would need a price of around $6000 per BTC!

Buy, hold, and promote Bitcoin in every store you use by asking "do you take Bitcoin?" ;)

Seems like $250 was a major psychological hurdle for people, i'm assuming we're well clear of that now, the next looks like $800-$1000
we may well find every time we approach these figures it continually falls back as before, until some point where by media coverage and general acceptance allows it to move on, after that $3000-$4000 maybe ? who knows  :D

The price might stabilize right before $1000, this is huge psychological barrier. But next year might be crazy again

looking similar burble graphics maybe 191-193

I'm just wondering whether LiteCoin is going to damage bitcoins growth or price? Is it not the case that one major factor holding BTC back is its inability to process large volumes of transactions at the same time whereas litecoin can ?

 another crypto currency might emerge further down the line making BTC and LTC both redundant ( i hope not but who knows)

Litecoin does not provide any advantage over Bitcoin. It is just Bitcoin clone with different hashing algorithm and set block creation 4x faster (traded for lower security).