Bitcoin Forum

Economy => Speculation => Topic started by: mission on November 27, 2013, 09:46:53 AM



Title: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: mission on November 27, 2013, 09:46:53 AM
We are all used to the price heading m00n all the time. But as the market grows the price may be slowing down... I was wondering what are your predictions for the upcoming year 2014? Will it reach 5000$?


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Akka on November 27, 2013, 09:50:59 AM
Don't get to greedy or you will loose everything.  ;)

I for one would be very exited if Bitcoin manages to proof that it is able to substain a price level like this for a longer periode. But the longer and higher we rise the smaller the chance for this gets.  :(


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: hilariousandco on November 27, 2013, 11:11:00 AM
It's very possible that it will hit $5000, but any effort to guess how much BTC is going to be worth later today or tomorrow is pure speculation.


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Lewis2 on November 27, 2013, 11:55:10 AM
From here on in, adoption and adoption alone will drive value

The robustness of the protocol will be fully tested

Nah don't think so. I think speculation alone can drive the price to $5000,-. Only thing from preventing Bitcoin to be a bubble is adoptation.


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Foxpup on November 27, 2013, 12:12:27 PM
I was wondering what are your predictions for the upcoming year 2014? Will it reach 5000$?
Well, my prediction was (https://bitcointalk.org/index.php?topic=284778.msg3047183#msg3047183) that it would reach $5,000, but seeing as how that has so far turned out to be a gross underestimate, I feel I should revise it. $75,000 by the end of 2014 seems more reasonable, don't you think? ;D


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: kwest on November 27, 2013, 12:21:42 PM
If this is the effect of Second Market's trust (one little club of accredited investors) - just wait until the rest of Wall Street gets involved. I believe the potential for $10,000 is there, even without a speck of consumer adoption.. only investor adoption.


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: gagalady on November 27, 2013, 12:30:50 PM
it will hit it really fast or  it will drop really fast 50-50, but i believe it will go up


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Bitbuy on November 27, 2013, 01:55:20 PM
I was wondering what are your predictions for the upcoming year 2014? Will it reach 5000$?
Well, my prediction was (https://bitcointalk.org/index.php?topic=284778.msg3047183#msg3047183) that it would reach $5,000, but seeing as how that has so far turned out to be a gross underestimate, I feel I should revise it. $75,000 by the end of 2014 seems more reasonable, don't you think? ;D

That's not even the moon anymore...

http://1.bp.blogspot.com/-88NGZvn3M-w/TvEiL9gxuKI/AAAAAAAAAJA/SMuPqMPkQNI/s1600/voyage+to+the+bunny+planet.JPG


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Odrec on November 27, 2013, 02:06:19 PM
Think about it this way. Bitcoin became really popular this year mostly around July when it started skyrocketing. Now since bitcoin is a digital technology it needs digital services to sustain it. The increased popularity probably lured the interest of many companies and developers who now want to create services for bitcoin. Now development times for big projects could take 6 months to 1 year so my guess is that in 2014 there will be a flood of bitcoin related services which will make adoption by the regular population easier. This means that more growth is coming, how much? I can't say but I wouldn't be surprised if it is bigger than this year.


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Hyena on November 27, 2013, 02:57:32 PM
I'm totally betting on it. We just hit 1000 in gox and now it goes full berserk. Crazy times have just begun.
http://s17.postimg.org/sbv7qcnrz/btc_moon.png


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: jamesc760 on November 27, 2013, 03:46:47 PM
I expect a btc to be worth at least $10,000 by end of 2014. Remember the 10-fold increase every year on average.


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: zachcope on November 27, 2013, 04:21:03 PM
10K by mid 2015


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Hyena on November 27, 2013, 04:24:28 PM
~10000$ will be the new ~100$


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Ivica on November 27, 2013, 04:26:33 PM
End of 2014? Let's make it February 2014. ;D


Title: Re: What are the chances for the price to reach 5000$ by the end of 2014?
Post by: Hyena on November 27, 2013, 04:28:59 PM
End of 2014? Let's make it February 2014. ;D

LOL I didn't even notice that OP had "by the end of 2014" in the topic's name.

5k is very near future. by the end of 2013 would be the right wording.