Bitcoin Forum

Economy => Speculation => Topic started by: _smudger_ on May 28, 2014, 01:58:33 PM



Title: BTC to break $2,000 mark by Christmas say Experts
Post by: _smudger_ on May 28, 2014, 01:58:33 PM
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: philipma1957 on May 28, 2014, 02:20:14 PM
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

I read your article link.  Could be true.  I do see coins drifting upward maybe 1.2k- 1.5k

If this happens it will extend the life of older gear like ant miners s-1  .

Every fall the second benefit of mining occurs free heat.  Not for all miners, but lots of us want the free heat.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: spazzdla on May 28, 2014, 02:28:44 PM
http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

I read your article link.  Could be true.  I do see coins drifting upward maybe 1.2k- 1.5k

If this happens it will extend the life of older gear like ant miners s-1  .

Every fall the second benefit of mining occurs free heat.  Not for all miners, but lots of us want the free heat.

I still like my S1s... :(


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: OnkelPaul on May 28, 2014, 02:30:28 PM
Pessimists!


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: nickenburg on May 28, 2014, 02:35:16 PM
Could it be that a same scenario as last year is gonna happen?
A boom around christmas, and then I hope we see a steady 1k per bitcoin after that then.
I think we could maybe see even higher then 2000, but hey im no expert


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: ChuckBuck on May 28, 2014, 02:36:32 PM
Whoa whoa whoa, let's pump the breaks a little.

Can we first break $600 again before we even go there?   :D

No telling when it'll get to $2000, or if it does, this year.  Just need to keep piling on the good news first.

I like Bobby Lee's answer on this:

Quote
However, some were more bearish on Bitcoins growth. Bobby Lee from BTC China, who has been hit with uncertainties over regulation in China, offered a much more modest price, suggesting that it would be over US$500.

At least he thinks we won't be at a penny.   :)


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: alani123 on May 28, 2014, 02:37:25 PM
Nope.avi



Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: frienemy on May 28, 2014, 02:38:49 PM
Pessimists!

We'll break $2,000 by Christmas, but from north to south :D


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: calmindifference on May 28, 2014, 02:57:03 PM
BTC to break $2,000 mark by Christmas say Experts who want to sell you their mining equipment (non-refundable)


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: BCwinning on May 28, 2014, 03:00:01 PM
The word expert is used way too loosely and freely. There are no experts in this field.
Or any of the other 100 dozen fields I see the word used in.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: jamesc760 on May 28, 2014, 04:27:29 PM
An expert is someone who can bullsh1t better than others at a given time.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: atc1 on May 28, 2014, 04:34:57 PM
The word expert is used way too loosely and freely. There are no experts in this field.
Or any of the other 100 dozen fields I see the word used in.

This. What qualifies them as experts? Especially in a market driven largely by speculation,so called expert predictions may be self-fulfilling.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: wachtwoord on May 28, 2014, 04:45:23 PM
The word expert is used way too loosely and freely. There are no experts in this field.
Or any of the other 100 dozen fields I see the word used in.

This. What qualifies them as experts? Especially in a market driven largely by speculation,so called expert predictions may be self-fulfilling.

In the Netherlands I often hear the term "internet expert". They get invited to television programs and are used to advise judges on cases that have anything to do with a computer somewhere.

I would expect people that market themselves as "internet expert" to be fucking retarded and thus far my experience has verified that expectation. I guess "internet expert" is the synonym of dumbass  :D


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: frienemy on May 28, 2014, 05:01:27 PM
The word expert is used way too loosely and freely. There are no experts in this field.
Or any of the other 100 dozen fields I see the word used in.

This. What qualifies them as experts? Especially in a market driven largely by speculation,so called expert predictions may be self-fulfilling.

In the Netherlands I often hear the term "internet expert". They get invited to television programs and are used to advise judges on cases that have anything to do with a computer somewhere.

I would expect people that market themselves as "internet expert" to be fucking retarded and thus far my experience has verified that expectation. I guess "internet expert" is the synonym of dumbass  :D

In German television, there was a "bitcoin expert" on TV some months ago. He was the stereotypical geek. Long hair, unkempt, glasses, crooked teeth, somewhat shy. He was a guest in a early afternoon show usually watched by 40-60 year old females and he talked about the technical details of bitcoin. Perfect combination I would say ;)

Read a German article today, stating that the Netherlands are becoming Silicon Valley of Bitcoin, now with Mollie and Verotel providing easy access to bitcoin payments for 60,000 sellers. So cheers to you, Wachtwoord! You won't win the soccer world championship though ;)


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: BitchicksHusband on May 28, 2014, 05:12:54 PM
The word expert is used way too loosely and freely. There are no experts in this field.
Or any of the other 100 dozen fields I see the word used in.

This. What qualifies them as experts? Especially in a market driven largely by speculation,so called expert predictions may be self-fulfilling.

In the Netherlands I often hear the term "internet expert". They get invited to television programs and are used to advise judges on cases that have anything to do with a computer somewhere.

I would expect people that market themselves as "internet expert" to be fucking retarded and thus far my experience has verified that expectation. I guess "internet expert" is the synonym of dumbass  :D

Well, duh.  Anyone who is really technical and knows about the internet has a high-paying job!  They're not hanging around TV shows and courtrooms, because that would bore any real internet expert to tears.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: Ultros on May 28, 2014, 05:17:06 PM
As soon as a journalist says the word "expert" I know a deluge of bullshit is about to inundate my face.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: wachtwoord on May 28, 2014, 05:21:06 PM
The word expert is used way too loosely and freely. There are no experts in this field.
Or any of the other 100 dozen fields I see the word used in.

This. What qualifies them as experts? Especially in a market driven largely by speculation,so called expert predictions may be self-fulfilling.

In the Netherlands I often hear the term "internet expert". They get invited to television programs and are used to advise judges on cases that have anything to do with a computer somewhere.

I would expect people that market themselves as "internet expert" to be fucking retarded and thus far my experience has verified that expectation. I guess "internet expert" is the synonym of dumbass  :D

In German television, there was a "bitcoin expert" on TV some months ago. He was the stereotypical geek. Long hair, unkempt, glasses, crooked teeth, somewhat shy. He was a guest in a early afternoon show usually watched by 40-60 year old females and he talked about the technical details of bitcoin. Perfect combination I would say ;)

Read a German article today, stating that the Netherlands are becoming Silicon Valley of Bitcoin, now with Mollie and Verotel providing easy access to bitcoin payments for 60,000 sellers. So cheers to you, Wachtwoord! You won't win the soccer world championship though ;)

We won't make it through the first round I'm afraid and if we do Brazil awaits in the second ;)

A while ago there was an "internet expert" in a Dutch program with many many viewers. They always call him in to talk about technical stuff. He doesn't know what the hell he's talking about.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: RodeoX on May 28, 2014, 05:28:59 PM
"Say Experts"  ??? What experts? There are none, IMO. Honestly, anyone who calls themselves an expert on bitcoin prices is not to be trusted. They are just guessing like everyone else.

I'm with Lauri Anderson on the subject of experts.
http://www.youtube.com/watch?v=5yVBRDNnt1o


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: frienemy on May 28, 2014, 05:54:43 PM
In case (or if you like it better: When) bitcoin reaches 5 digits, anyone who has bought bitcoin below 500USD will be interviewed as "expert" :D

We're all experts!!!


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: wachtwoord on May 28, 2014, 05:56:29 PM
In case (or if you like it better: When) bitcoin reaches 5 digits, anyone who has bought bitcoin below 500USD will be interviewed as "expert" :D

We're all experts!!!

They'll call people like that experts and they'll be wrong in doing so. The should look up the word in the dictionary.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: trashman43 on May 28, 2014, 06:14:52 PM
who are these experts? seems like some people that are just trying to sell you shit.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: wachtwoord on May 28, 2014, 06:15:59 PM
who are these experts? seems like some people that are just trying to sell you shit.

And they're an expert at it.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: DolanDuck on May 28, 2014, 08:27:38 PM
“Large financial players are entering the market this year. I am talking to some of them.
If they are to become involved they need the coin to be valued at around US$2,000 to US$3,000…
So I am predicting around US$2,000 to US$3,000.”

Value should be higher than that, according to bitcointalk forum experts  :P


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: beetcoin on May 28, 2014, 08:32:50 PM
"Say Experts"  ??? What experts? There are none, IMO. Honestly, anyone who calls themselves an expert on bitcoin prices is not to be trusted. They are just guessing like everyone else.

I'm with Lauri Anderson on the subject of experts.
http://www.youtube.com/watch?v=5yVBRDNnt1o

if they say they are experts, then they are experts. because they are experts.

this reminds me how you can meet a stranger for the first time, and he'll say "trust me." right, i'll just trust some random stranger on the internet or someone i've never met   ???


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: Plento on May 29, 2014, 12:23:42 AM
I can certainly see BTC hitting 2K soon.  By Christmas... not sure, but definitely in 2015.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: Dafar on May 29, 2014, 02:07:57 AM
I have a feeling we will slowly creep back up to $1000, maybe break ATH and float around the $1300-$1400 mark for a while...... I don't think we will see an explosive bubble that takes us up 5-10X above ATH like we did the previous years. I just feel like a lot of things have been changing and too many people are expecting another bubble.

But fuck man.... I really want to experience going through an explosive bubble where my wealth suddenly increases multiple times.... must be nice  :'(


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: healthandwealth on May 29, 2014, 03:18:47 AM
Yep.  A year ago I'm sure there were people looking for a bubble that matched the previous one...but since the price was relatively 'low'...it may not have been on many people's minds.  The last bubble got a ton of attention from the media and new players in the BTC market.  As much as I'd like to be optimistic...I'll take the realistic viewpoint that we won't see an 'explosive' next bubble like 2013...but rather, a slow ascent to $1k by the end of the year.  Beyond that it depends on new developments and a lack of China (anything) or exchange train wrecks.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: Skele on May 29, 2014, 05:40:49 AM
Probably it can be good if it goes to 2000, but in fact i feel like btc will go much more than that by the end of the year, im seeing 5k very easy.


Title: Re: BTC to break $2,000 mark by Christmas say Experts
Post by: nickenburg on May 29, 2014, 12:33:07 PM
Yep.  A year ago I'm sure there were people looking for a bubble that matched the previous one...but since the price was relatively 'low'...it may not have been on many people's minds.  The last bubble got a ton of attention from the media and new players in the BTC market.  As much as I'd like to be optimistic...I'll take the realistic viewpoint that we won't see an 'explosive' next bubble like 2013...but rather, a slow ascent to $1k by the end of the year.  Beyond that it depends on new developments and a lack of China (anything) or exchange train wrecks.

I think if it reaches 1000 again, it will proberly attract new people again, and it could drive the price up even further.
1000$ as the new Bitcoin standart would be really nice, i hope we dont see a big burst to under 1000 after that.