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Title: bitcoin worth $98500 says this article Post by: feebs on December 04, 2013, 03:57:19 PM i wonder how they calculated a $98500 valuation
http://www.coindesk.com/bitcoin-price-reach-98500-say-wall-street-analysts/ Title: Re: bitcoin worth $98500 says this article Post by: Wendigo on December 04, 2013, 04:01:44 PM You simply don't question the wall street hotshots in the first place, they arguably know their stuff ;D
Title: Re: bitcoin worth $98500 says this article Post by: Lewis2 on December 04, 2013, 04:05:22 PM And $98500 is not an exact number at all which makes it even more believable! Get in while you can!
Title: Re: bitcoin worth $98500 says this article Post by: Heutenamos on December 04, 2013, 04:05:34 PM i wonder how they calculated a $98500 valuation http://www.coindesk.com/bitcoin-price-reach-98500-say-wall-street-analysts/ Ha nice find! I guess they asked few wall street traders about final stable price and used the average (mean) Title: Re: bitcoin worth $98500 says this article Post by: Martijnvdc on December 04, 2013, 06:08:58 PM That's a horrible article, if you ask me...
Quote The price of bitcoin could increase to as much as $98,500, according to analysts at financial services and investment firm Wedbush Securities. Did they calculate that based off of a formula with 3 variables or something?Title: Re: bitcoin worth $98500 says this article Post by: bcd on December 04, 2013, 06:11:48 PM Coindesk almost lost my respect after publishing this article.
Title: Re: bitcoin worth $98500 says this article Post by: glite on December 04, 2013, 06:19:19 PM I liked it, now if I have 10 btc that will be...bahaha, can't wait!
Title: Re: bitcoin worth $98500 says this article Post by: CrytoEnthusiast on December 04, 2013, 06:20:02 PM This reeks of unfounded hype, but stranger things have happened :)
Title: Re: bitcoin worth $98500 says this article Post by: ALbitcoins on December 04, 2013, 06:29:41 PM interesting the comments of the article, people need to start spending bitcoins buying things
I dont know how much it will worth, but it can be 100,000, as it is now 1000 after being 10 a year ago Title: Re: bitcoin worth $98500 says this article Post by: TheJacob on December 04, 2013, 06:30:28 PM If you thought something was going be worth 98 times what it currently is worth would you:
a.) Write a report telling everyone. b.) Buy as many as possible. Title: Re: bitcoin worth $98500 says this article Post by: JuanHungLo on December 04, 2013, 06:57:13 PM My own personal calculations show Bitcoin going to $3500 by January. $10,000 by March. $30,000 by April. Of course, I am free to make up any formula for determining my outcome as I desire. ;D
In all honesty, I think that we are all the future very wealthy gentlemen. Nice, to meet you. Do you have any Grey Poupon? Juan Title: Re: bitcoin worth $98500 says this article Post by: cctekh on December 04, 2013, 07:05:23 PM All aboard the hype train.
CHOOO CHOOOOOOOOO Title: Re: bitcoin worth $98500 says this article Post by: thankyou on December 04, 2013, 07:35:26 PM I have to agree with Jacob on this one. Hype; opinion and article baiting.
If you thought something was going be worth 98 times what it currently is worth would you: a.) Write a report telling everyone. b.) Buy as many as possible. Title: Re: bitcoin worth $98500 says this article Post by: wasserman99 on December 04, 2013, 07:36:13 PM Coindesk almost lost my respect after publishing this article. meh they are just quoting wedbush analysts, that is respectable enoughthey will be worth way more than $100k though, probably at least 10x more ;) Title: Re: bitcoin worth $98500 says this article Post by: cryptonic on December 04, 2013, 07:42:49 PM Just divide all the fiat money supply that exists globally (in USD terms based on current exchange rates) by 21 million (= number of bitcoins). This will give you an upper bound, and it will be around 10 million USD per BTC.
Title: Re: bitcoin worth $98500 says this article Post by: DeboraMeeks on December 04, 2013, 07:44:37 PM Not now at least,price depend on demand and sell which is at the $1xxx in most exchanger at this time and this is the actual price. Further estimations are predictions and nothing confirmed.
Title: Re: bitcoin worth $98500 says this article Post by: RAVENCROW on December 04, 2013, 08:02:10 PM maybe if more business start collecting / hoarding like a power company or two :P
Title: Re: bitcoin worth $98500 says this article Post by: raporeyiz on December 04, 2013, 08:04:59 PM noooo way
Title: Re: bitcoin worth $98500 says this article Post by: thesituation on December 04, 2013, 09:15:54 PM lol, thats too much, if that happens, anyone who holds more than 10 btc will be millionaire
Title: Re: bitcoin worth $98500 says this article Post by: GhanaGamboy on December 04, 2013, 09:27:23 PM If you thought something was going be worth 98 times what it currently is worth would you: a.) Write a report telling everyone. b.) Buy as many as possible. Many have predictions and estimates, I believe 1,000,000 is possible instead |