Bitcoin Forum

Economy => Economics => Topic started by: grondilu on April 22, 2011, 08:03:16 PM



Title: 1 BTC = 2 USD
Post by: grondilu on April 22, 2011, 08:03:16 PM

A little poll about your pricing propectives for bitcoin.


Title: Re: 1 BTC = 2 USD
Post by: AtlasONo on April 22, 2011, 08:21:42 PM
For a short time perhaps.


Title: Re: 1 BTC = 2 USD
Post by: theymos on April 22, 2011, 09:08:23 PM
I doubt it will even touch that.


Title: Re: 1 BTC = 2 USD
Post by: kiba on April 22, 2011, 09:10:16 PM
I think 2 dollars is touchable.

2 dollars is a sure thing, 95% probability.

5 dollars is 50% probably.

10 dollars is 10% probability.

25 dollars...you're kidding me? 1% probability.

50 dollars, .05% probability.


Title: Re: 1 BTC = 2 USD
Post by: tomcollins on April 22, 2011, 09:15:19 PM
I doubt it will even touch that.

All it needs is a slight increase in actual usefulness.


Title: Re: 1 BTC = 2 USD
Post by: goatpig on April 22, 2011, 11:31:28 PM
I doubt it will even touch that.

All it needs is a slight increase in actual usefulness.

It could be snowballing. Higher price rises interests in vendors, who start selling their goods for btc, which brings more ppl and so on


Title: Re: 1 BTC = 2 USD
Post by: DATA COMMANDER on April 23, 2011, 01:33:41 AM
I doubt it will even touch that.

Even though there are on the order of a million times as many dollars as there are bitcoins?


Title: Re: 1 BTC = 2 USD
Post by: theymos on April 23, 2011, 01:37:00 AM
Even though there are on the order of a million times as many dollars as there are bitcoins?

An incredibly small percentage of those dollars are part of the Bitcoin economy...


Title: Re: 1 BTC = 2 USD
Post by: Ian Maxwell on April 23, 2011, 04:36:24 PM
I don't think this is the big rally that will bring us to 2---but maybe the next one will be---or maybe the next one after that. Before December? I'm almost certain.


Title: Re: 1 BTC = 2 USD
Post by: deadlizard on April 23, 2011, 04:45:14 PM
I don't even think the USD will see out the year  :P

1 BTC = Infinity USD


Title: Re: 1 BTC = 2 USD
Post by: tomcollins on April 23, 2011, 07:17:25 PM
I don't even think the USD will see out the year  :P

1 BTC = Infinity USD

I'll bet you $1,000,000 it does!


Title: Re: 1 BTC = 2 USD
Post by: no to the gold cult on April 23, 2011, 07:42:14 PM
$1k to $2k would not surprise me over the next 5 to 10 years. In fact if bitcoin is around in 3 years time, I'd say a Two Thousand Dollar Bitcoin is inevitable within the next decade, barring canned food for for an AK.


Title: Re: 1 BTC = 2 USD
Post by: jtimon on April 23, 2011, 08:28:39 PM
I don't even think the USD will see out the year  :P

1 BTC = Infinity USD

I'll bet you $1,000,000 it does!

ey, that bet is tricky ;)


Title: Re: 1 BTC = 2 USD
Post by: Prze_koles on April 23, 2011, 10:33:05 PM
It should be "Will one bitcoin worth two dollars this month? "  :D  Price just hit $1.8  :o


Title: Re: 1 BTC = 2 USD
Post by: Ian Maxwell on April 23, 2011, 10:38:54 PM
Yeah... a few hours ago I was wondering if we'd reach GBP parity within the year.... now I'm wondering if we'll reach it today.


Title: Re: 1 BTC = 2 USD
Post by: kiba on April 23, 2011, 11:02:21 PM
Looks like my sure thing estimation is correct. Yay me for making an accurate prediction.


Title: Re: 1 BTC = 2 USD
Post by: Beremat on April 23, 2011, 11:02:32 PM
$1.94...


Title: Re: 1 BTC = 2 USD
Post by: epii on April 23, 2011, 11:06:30 PM
If this isn't a bubble, I don't know what is.  The price has been outside of the daily Bollinger bands for two days, and outside of the hourly ones for 6+ hours.


Title: Re: 1 BTC = 2 USD
Post by: kiba on April 23, 2011, 11:07:20 PM
If this isn't a bubble, I don't know what is.  The price has been outside of the daily Bollinger bands for two days, and outside of the hourly ones for 6+ hours.


Everybodddddddddddy saying it's a bubble...ain't making it so.


Title: Re: 1 BTC = 2 USD
Post by: epii on April 23, 2011, 11:09:53 PM
If this isn't a bubble, I don't know what is.  The price has been outside of the daily Bollinger bands for two days, and outside of the hourly ones for 6+ hours.


Everybodddddddddddy saying it's a bubble...ain't making it so.
Well, actually the hope is kinda that it will make it so.  I sold just before this started.  ;P

EVERYBODY, GET OUT WHILE YOU STILL CAN!


Title: Re: 1 BTC = 2 USD
Post by: kiba on April 23, 2011, 11:10:43 PM
Well, actually the hope is kinda that it will make it so.  I sold just before this started.  ;P

EVERYBODY, GET OUT WHILE YOU STILL CAN!

Maybe, maybe not.


Title: Re: 1 BTC = 2 USD
Post by: grue on April 24, 2011, 02:25:28 AM
it was 1.95 earlier today, so i wouldn't be suprised if it reached $5 USD/BTC


Title: Re: 1 BTC = 2 USD
Post by: da2ce7 on April 24, 2011, 02:32:23 AM
Either Bitcoin Reaches $10 this year, or it never dose.  :D


Title: Re: 1 BTC = 2 USD
Post by: The Script on April 24, 2011, 02:35:15 AM

As I've stated elsewhere on this forum, I'm about to sell most of my 7 million coins so you all better get out now before bitcoin loses most of its value.  You have been warned.


Title: Re: 1 BTC = 2 USD
Post by: epii on April 24, 2011, 02:51:23 AM
Well, actually the hope is kinda that it will make it so.  I sold just before this started.  ;P

EVERYBODY, GET OUT WHILE YOU STILL CAN!

Maybe, maybe not.
Okay, I'm happy.  I bought in again at a reasonable price.

I probably shouldn't joke about trying to manipulate the market.  It was really obviously a joke to me (I'd only sold 4 BTC, I wound up losing 0.50), but nobody could have known I didn't really have anything to lose, and there are other people on here who are really serious about manipulating the market.


Title: Re: 1 BTC = 2 USD
Post by: FooDSt4mP on April 24, 2011, 03:05:36 AM
Well, actually the hope is kinda that it will make it so.  I sold just before this started.  ;P

EVERYBODY, GET OUT WHILE YOU STILL CAN!

Maybe, maybe not.
Okay, I'm happy.  I bought in again at a reasonable price.

I probably shouldn't joke about trying to manipulate the market.  It was really obviously a joke to me (I'd only sold 4 BTC, I wound up losing 0.50), but nobody could have known I didn't really have anything to lose, and there are other people on here who are really serious about manipulating the market.

You mean like someone claiming they are about to sell more BTC than exists? ;)


Title: Re: 1 BTC = 2 USD
Post by: The Script on April 24, 2011, 04:27:36 AM
Well, actually the hope is kinda that it will make it so.  I sold just before this started.  ;P

EVERYBODY, GET OUT WHILE YOU STILL CAN!

Maybe, maybe not.
Okay, I'm happy.  I bought in again at a reasonable price.

I probably shouldn't joke about trying to manipulate the market.  It was really obviously a joke to me (I'd only sold 4 BTC, I wound up losing 0.50), but nobody could have known I didn't really have anything to lose, and there are other people on here who are really serious about manipulating the market.

You mean like someone claiming they are about to sell more BTC than exists? ;)

What are you saying, man? 


Title: Re: 1 BTC = 2 USD
Post by: jtimon on April 24, 2011, 10:31:09 AM
Well, actually the hope is kinda that it will make it so.  I sold just before this started.  ;P

EVERYBODY, GET OUT WHILE YOU STILL CAN!

Maybe, maybe not.
Okay, I'm happy.  I bought in again at a reasonable price.

I probably shouldn't joke about trying to manipulate the market.  It was really obviously a joke to me (I'd only sold 4 BTC, I wound up losing 0.50), but nobody could have known I didn't really have anything to lose, and there are other people on here who are really serious about manipulating the market.

You mean like someone claiming they are about to sell more BTC than exists? ;)

There's only 5,995,950 BTC out there.
Next time visit http://bitcoinwatch.com/ before claiming you will sell t millions btc


What are you saying, man? 


Title: Re: 1 BTC = 2 USD
Post by: molecular on April 24, 2011, 11:02:41 AM

As I've stated elsewhere on this forum, I'm about to sell most of my 7 million coins so you all better get out now before bitcoin loses most of its value.  You have been warned.

If it was intentional (which I assume), I congratulate you for making a very good joke.


Title: Re: 1 BTC = 2 USD
Post by: S3052 on April 24, 2011, 11:05:07 AM
It hit already 2 $ in bitcoinmarket.com in past 24 hrs.

New poll  is needed.


Title: Re: 1 BTC = 2 USD
Post by: Alex Beckenham on April 24, 2011, 11:15:51 AM
It hit already 2 $ in bitcoinmarket.com in past 24 hrs.

New poll  is needed.

I think "Will bitcoin reach $20 this year?" would be a reasonable question.


Title: Re: 1 BTC = 2 USD
Post by: The Script on April 24, 2011, 10:25:12 PM
Well, actually the hope is kinda that it will make it so.  I sold just before this started.  ;P

EVERYBODY, GET OUT WHILE YOU STILL CAN!

Maybe, maybe not.
Okay, I'm happy.  I bought in again at a reasonable price.

I probably shouldn't joke about trying to manipulate the market.  It was really obviously a joke to me (I'd only sold 4 BTC, I wound up losing 0.50), but nobody could have known I didn't really have anything to lose, and there are other people on here who are really serious about manipulating the market.

You mean like someone claiming they are about to sell more BTC than exists? ;)

There's only 5,995,950 BTC out there.
Next time visit http://bitcoinwatch.com/ before claiming you will sell t millions btc


What are you saying, man? 

I thought it was so patently absurd that no one would take it seriously.  It was supposed to be a joke.


Title: Re: 1 BTC = 2 USD
Post by: The Script on April 24, 2011, 10:26:28 PM

As I've stated elsewhere on this forum, I'm about to sell most of my 7 million coins so you all better get out now before bitcoin loses most of its value.  You have been warned.

If it was intentional (which I assume), I congratulate you for making a very good joke.



Yes.  Thank you.  I'll include a disclaimer next time for the people who have broken humor detectors. 


Title: Re: 1 BTC = 2 USD
Post by: dust on April 25, 2011, 03:37:56 AM
It hit already 2 $ in bitcoinmarket.com in past 24 hrs.

New poll  is needed.

I don't think this counts :)  The trade was for 20btc on a low volume market.  If I traded 10btc to a friend for $3/btc would that count as the price hitting $3?


Title: Re: 1 BTC = 2 USD
Post by: grondilu on April 25, 2011, 03:42:32 AM
It hit already 2 $ in bitcoinmarket.com in past 24 hrs.

New poll  is needed.

I don't think this counts :)  The trade was for 20btc on a low volume market.  If I traded 10btc to a friend for $3/btc would that count as the price hitting $3?

I think it would, if you can convince us that this trade really happened and that you and your friend didn't fake it.


Title: Re: 1 BTC = 2 USD
Post by: molecular on April 25, 2011, 09:13:52 PM
It hit already 2 $ in bitcoinmarket.com in past 24 hrs.

New poll  is needed.

I don't think this counts :)  The trade was for 20btc on a low volume market.  If I traded 10btc to a friend for $3/btc would that count as the price hitting $3?

I think it would, if you can convince us that this trade really happened and that you and your friend didn't fake it.

I don't think it would: I gave a friend 1 BTC for nothing, so bitcoins are officially worthless?


Title: Re: 1 BTC = 2 USD
Post by: N12 on April 28, 2011, 04:16:34 PM
I doubt it will even touch that.
Just for the record: Six days later, the all-time high BTC/USD is 2.4$.

Bitbears lost! :D


Title: Re: 1 BTC = 2 USD
Post by: Alex Beckenham on April 28, 2011, 04:19:08 PM
I doubt it will even touch that.
Just for the record: Six days later, the all-time high BTC/USD is 2.4$.

Bitbears lost! :D

Anyone want to revise their vote on the $20 poll? :D


Title: Re: 1 BTC = 2 USD
Post by: tomcollins on April 29, 2011, 12:37:28 AM
I doubt it will even touch that.
Just for the record: Six days later, the all-time high BTC/USD is 2.4$.

Bitbears lost! :D

Anyone want to revise their vote on the $20 poll? :D


$20 still gonna be real tough without a big player getting in there.  That's a lot of Bitcoins to buy.  I think a lot of people might start cashing in if it gets above $10, which should slow things down.