Bitcoin Forum

Why do you think the price is so?

Why is there no range lower than $50-100?


I vote for $10-$50

$6000 is my prediction

are you for real?   That is a realistic range for LTC, not BTC

I vote between $300 and $5000.

I would love to hear some data crunching reasons as to why you guys think so. Just a gut feeling?

I am bullish on BTC this year, mainly because of the investment flowing into it from VCs and the overall acceptance that BTC is a legitimate "thing"

propably 1800$ - 2600$

50-100$

Everyone whose getting interested in it right now is interested in using it to make money, whether that is mining and dumping of altcoins and or bitcoins, or just pure speculating altcoins then dumping.

Too much manipulation.

Not enough public interest yet.

And huge inflation as well.

At the end of the year, around 1600, but we might see some spikes before that.

I will go with $ 2k

I think it will be in the $800-1000 range.  And an increase in BTC means an increase in value of other solid alts that have been weighed down by the low BTC prices.  I'm excited to see it finally take off after the rough year we've had.

For the end of 2014, I think I'll call it at $1,557.03

$1500 is my prediction, sounds the most logical to me. Some people saying $6000? Sounds unrealistic to me in case miracle happens.

I say it will go above 1000  :)

yet another feel good survey, for pple obviously invested in bitcoin already.

True lol, at least 95% people here on bitcointalk are holding bitcoin and believe bitcoin will be a big success

$471

I will go out on a limb and say that we may his $1337. Dont know if it will be sustainable, i think once we get close to $1k again there will be significant resistance

around $2500

$2000 to $5000 depending on the timing of the bubble followed by correction.

$2000 at year end but will hit $5000 before that

I will say ... $4000. This is quite possible and I wouldn't be surprised :)

Somewhere around $200

Theres no reason for the average joe to invest in BTC. after gox, china, etc... everyone has lost quite a bit of faith in the technology. btc is supposed to be a currency, not a trading item built out of speculation. also it wont ever replace the tools we use in modern life. its a niche item where all investors feel entitled to become millionnaires, so ridiculous

Ohh :) I wish ... They I could buy many cheap coins ... but this is relatively not really possible :)

(not impossible either..)

I'm in accord to some of the comments above with respect to btc going anywhere and also to comments about the fact that the common person seems to give two satoshis about it (with all due respect to common people and the use of the phrase in a very clearly elitist sense, but colloquial nonetheless, and ironic if you think about it's use in that sense...); also agree about btc being niche. It is. It's very white techie male, western world, etc.

Anyway, my opinion on price is that we will eventually get to a handsome point, but we will have to go under the knife, look in the mirror, and take the bandages off, and we may not see what we like, which makes the epistemological exercise of bitcoin sort of suspicious in the long run as a profit-driven thing.

VC money is a good indicator, but not a unilateral one, of course. Flows of money and brains in look good. Will it translate to value by end of year? I don't know. Maybe. Not a yes.

While were on it, what is value? We define it benchmarked to USD. And that's fair. But it's the endpoint for which real value works backward from--ie I trade fiat units for real value: food, shelter, power, time, etc.

Bitcoin helps in those real value 'things' above, but we haven't teased out the best ways to do it yet, and the public doesn't see it. People on bitcointalk are prescient in the sense that they are here to know 'something' is happening, but they have no idea the course it's going to take in detail. So we all gather here because we're invested I it and most of us believe in it to some extent--a context ripe for bias.

Go with what your intuition says and think back to when you first heard about bitcoin--before you invested. What did you think? It was tabula rasa then. It is now a muddy dark and ugly picture. What does your old self do given that?

Extrapolate.

But,
Let's throw a number at the wall and see if it sticks:

End of 2014: bitcoin value in USD: 950

and let's not forget to mention that it will soon be banned in China, Vietnam, Russia, India (raid), prob. Japan and regulated in the US. IMO, it would take something phenomenal to bring BTC up to $5K. (Do you even realize how much fresh capital we need for $5K?)

that will be cool :)  to  buy some coins

Maybe $700

Around $150 with bearish tendency.

I think, all crypto coins will be regulated nearly to it's death and solely continues to exist in the underground economy, primary for
a) small illegal business
b) hiding assets from the wife during a divorce
c) hiding assets from the authorities during living off social security (some countries requires you to spend almost all your money before you get help in case of unemployment)
d) hiding assets from the authorities while pretent to be insolvent

Because of the regulation and an obscure overcomplicated taxation system, BTC will never exists as an easy-to-use payment like PayPal, Credit Card or some future Apple or Amazon payment method. If the avarge Joe choices to invest to BTC anyway, he has the choice between weeks long verification marathons OR travelling a long distance for a meeting with a shady person or even a cop which arrests him, accusing him to laundry money (maybe not a problem if smart Joe will convert his fiat to BTC in many but small portions).

I think, the EU will also regulate Bitcoin sooner or later.

I think it will stay a little bit the same for a long time now. No big changes i think.

Possible like any other. Isn't?

It went in the same time-frame up from $10 to $1200, so the other way is also possible

IMO $1200 is more possible than $10 ...

But I will but a lot of BTCs if price will be $10 :) :)

I will have more then EVER then :D hehe

Bitcoin has gone up 10× every year.  Last year it went from $13 to $1200, almost 100×.  Why should this year be any different when we are just starting the vertical portion of the technology adoption curve?

Heck, I don't think the correct answer is even on the board, because we could easily go over $10,000 this year.

In a couple of months my $10-$50 is added in another poll and this thread is "forgotten"

Zero

Long way to go troll!

but surely there's no guarantee that we'll ever hit the vertical stage of the S-curve. Widespread adoption may never happen.

There are very few guarantees in life. I'm expecting the sun to rise tomorrow but I cannot guarantee it ;)

lots of people here talk as if it's a dead cert!

Who will know? My best guess is around 2000$.

Is there a reason why 500-800 is missing on the poll?

Impossible!

300

I am curious at what price people gonna realize this is what happened. How many people have to be robbed about their money when they realize this was one big project with just one bull period which ended in zero or nearby zero.

Such is the risks that we take.

I think the high estimation for most people is getting lower by the day. I still think we have a big year ahead of us, but think it is going to be very difficult to break 1k levels

ZERO

Not sure where we are headed, but the distance between niche item and global standard isn't as far as you think these days. Especially given that no one really knows what bitcoin can be.... in broad esoteric terms.

I belive the price is going to be between 800-1200$ by the end of 2014. i dont think we will see 2000 unless something big happens for bitcoin . we are in a rut and need something new to help. the debit card coming in june if its a big hit could push us over 2000 but maybe not who knows. could also kill us

My trend line says $350+ (maybe $5k :-), maybe not)

http://img835.imageshack.us/img835/9904/blt7.jpg (http://img835.imageshack.us/i/blt7.jpg/)View Screen Capture (http://img835.imageshack.us/i/blt7.jpg/)

Now thinking around 1500usd

I think, buy for $1 and resell for $1.5

I vote for $1468.603

http://www.cryptocoinstats.com/priceforecaster.php

lol @ people still bullish about BTC on 2014.... this is the year of FUD. Sometimes we trail low for a long time, I have a feeling this will be our longest sideways movement yet... there were just too many bad news/events one after another.

The end of July would have been around the time we would normally expect to see the next rally based on history... but I think it will be longer this time. 

And we get this useless chart again  :-\

You r reading my mind. Agree about people who are scared every time something unusual is happening with BTC.
Good point to call this year a FUD year. Indeed, there has been already some bad things which shattered btc's reputation but time will show that btc is far more strong and will survive as it has a potential to become an international currency.

$3k is my guess

Would take $1000 the way things are...

We are at a much higher price than a year ago at this time.

Bitcoin is not about price. Look at development and constantly rising difficulty. Bitcoin is huge success and I dont see one reason why it should not get better (I dont count traders FUD here or media FUD like scammy MtGox company)

I am curious at what price people gonna realize this is what happened. How many people have to be robbed about their money when they realize this was one big project with just one bull period which ended in zero or nearby zero.
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tins, if you really think bitcoin is over & done with why do you still visit the forum & write about it? If I believed that, I would never think of it again & get on with life.

my estimation for the end of 2014 -$6000.

What the fuck are you talking about? When did I EVER say anything remotely close to that?
Are you confusing me with someone else?

Apologies tins - it was MykelSilver that said something along the lines of 'when are people going to realise that the bull run is over & it's going to end in zero'. You had quoted him in a reply & I mistook it for your comment. Sorry!

Fine, all forgiven.

That's very optimistic.  That's closer to my estimate for May of 2015.

BTC price is up 322.52% from 1 year ago: http://www.cryptocoinstats.com/performancetracker.php

Estimated price for 1 year from now is $6,024.822: http://www.cryptocoinstats.com/priceforecaster.php

At this moment it can be 100-2000 it´s hard to say, all depends on chineses and medias.

Why is there no option for $2000-$5000??

Because that's where I see it at the end of 2014.