Bitcoin Forum

Economy => Speculation => Topic started by: Eriul_Pow on October 14, 2014, 06:28:05 PM



Title: How much is it going to be this time ?
Post by: Eriul_Pow on October 14, 2014, 06:28:05 PM
 ;D


Title: Re: How much is it going to be this time ?
Post by: blatchcorn on October 14, 2014, 06:37:56 PM
I am predicting $40k - a 100x increase is way overdue


Title: Re: How much is it going to be this time ?
Post by: criptix on October 14, 2014, 06:40:37 PM
point is, when we do reach last ath of ~1200$ everyone will turn bull.

to be honest if that happens we can reach 3000-5000 easily


Title: Re: How much is it going to be this time ?
Post by: Eriul_Pow on October 14, 2014, 06:52:34 PM
Let me drop an amount for posterity :

6500$


Title: Re: How much is it going to be this time ?
Post by: coinableS on October 14, 2014, 06:59:33 PM
If we break through the previous ATH, there's no telling how high this can go. The media would blow this up, but this time there is a foundation to work on. 80,000+ merchants, more apps, more understanding and places like circle making it super easy to buy in.


Title: Re: How much is it going to be this time ?
Post by: bassclef on October 14, 2014, 07:02:46 PM
If we break through the previous ATH, there's no telling how high this can go. The media would blow this up, but this time there is a foundation to work on. 80,000+ merchants, more apps, more understanding and places like circle making it super easy to buy in.

Precisely why growth has been logarithmic and not linear.


Title: Re: How much is it going to be this time ?
Post by: piramida on October 14, 2014, 07:21:07 PM
guys wait until the rally starts at least; you start drinking rocket fuel before we take off then we may never do :)


Title: Re: How much is it going to be this time ?
Post by: Spaceman_Spiff on October 14, 2014, 07:24:17 PM
guys wait until the rally starts at least; you start drinking rocket fuel before we take off then we may never do :)

I doubt we'll be taking off anytime soon.  Just a return to a higher level and stabilization there would be a healthy start.


Title: Re: How much is it going to be this time ?
Post by: Blazin604 on October 14, 2014, 07:27:23 PM
yeah im thinking well stay at 450 500 until early November and we will hit 800 by early Dec


Title: Re: How much is it going to be this time ?
Post by: culexevilman on October 14, 2014, 07:37:38 PM
Sit back and enjoy the ride, this is Bitcoin.


Title: Re: How much is it going to be this time ?
Post by: riiiiising on October 14, 2014, 07:38:59 PM
This will be a mega rally, probably $100,000 or even more. Where are you now, fallling? Probably crying.  :D :D


Title: Re: How much is it going to be this time ?
Post by: piramida on October 14, 2014, 08:02:03 PM
This will be a mega rally, probably $100,000 or even more. Where are you now, fallling? Probably crying.  :D :D

are you sure you are not the same person with a split personality? spell "cut your losses" for me? :)


Title: Re: How much is it going to be this time ?
Post by: navigator on October 14, 2014, 08:04:45 PM
You guys do realize that mining is coupled with the price, right?

Difficulty always lags behind the price.
Mining profitability always trends towards barely profitable.

Just a rough estimate, if the current network was made up of all S3's, it would be valued at about $100million. I would consider us currently in the tad too profitable range. We should be at around $300 or even less. Since price is up, you can expect the difficulty to continue gradually rising. But it can't rise instantly overnight. Miners have to be built, bought, shipped, setup, and turned on. Let's say our current difficulty supports the current price of $400. If we saw an increase to $800, expect another $100mil in mining equip to be added. If price stays up and no new equipment is added, expect miners to start selling everything they make since mining would be too profitable. It's a rubber band effect that always leads to mining being barely profitable. There are too many variables to really go over them all. If price goes up, just remember we need a network to support it.


Title: Re: How much is it going to be this time ?
Post by: BrewCrewFan on October 14, 2014, 08:10:54 PM
This will be a mega rally, probably $100,000 or even more. Where are you now, fallling? Probably crying.  :D :D

are you sure you are not the same person with a split personality? spell "cut your losses" for me? :)

Sorry, but I had to lutz at this!


Title: Re: How much is it going to be this time ?
Post by: Wilhelm on October 14, 2014, 08:14:49 PM
You guys do realize that mining is coupled with the price, right?

Difficulty always lags behind the price.
Mining profitability always trends towards barely profitable.

Just a rough estimate, if the current network was made up of all S3's, it would be valued at about $100million. I would consider us currently in the tad too profitable range. We should be at around $300 or even less. Since price is up, you can expect the difficulty to continue gradually rising. But it can't rise instantly overnight. Miners have to be built, bought, shipped, setup, and turned on. Let's say our current difficulty supports the current price of $400. If we saw an increase to $800, expect another $100mil in mining equip to be added. If price stays up and no new equipment is added, expect miners to start selling everything they make since mining would be too profitable. It's a rubber band effect that always leads to mining being barely profitable. There are too many variables to really go over them all. If price goes up, just remember we need a network to support it.

True

Miners mostly sell directly to the market. If the price bubbles it means more people will attempt to make a profit through mining.
Miners will get pissed because they can't mine fast enough to feed the market. Cloudminers will be understocked.
The market will shoot up since nobody can supply the coins, only those willing to sell.
Price will go to an ATH before people realize the price is insane. Then we go back into a bear phase to blow off.

Price therefore can go to 5 digits if it wants too.


Title: Re: How much is it going to be this time ?
Post by: Elwar on October 14, 2014, 08:15:20 PM
At least wait until the price doubles once :P


Title: Re: How much is it going to be this time ?
Post by: fewcoins on October 14, 2014, 09:28:14 PM
Sit back and enjoy the ride, this is Bitcoin.

Very well said! look out for the price correction!!


Title: Re: How much is it going to be this time ?
Post by: Omikifuse on October 14, 2014, 09:29:54 PM
$666

Not above that


Title: Re: How much is it going to be this time ?
Post by: gentlemand on October 14, 2014, 09:32:35 PM
$666

Not above that

Dunno if I can take another $666 phase. Let's hope it's 665 instead.


Title: Re: How much is it going to be this time ?
Post by: brg444 on October 14, 2014, 09:34:39 PM
You guys do realize that mining is coupled with the price, right?

Difficulty always lags behind the price.
Mining profitability always trends towards barely profitable.

Just a rough estimate, if the current network was made up of all S3's, it would be valued at about $100million. I would consider us currently in the tad too profitable range. We should be at around $300 or even less. Since price is up, you can expect the difficulty to continue gradually rising. But it can't rise instantly overnight. Miners have to be built, bought, shipped, setup, and turned on. Let's say our current difficulty supports the current price of $400. If we saw an increase to $800, expect another $100mil in mining equip to be added. If price stays up and no new equipment is added, expect miners to start selling everything they make since mining would be too profitable. It's a rubber band effect that always leads to mining being barely profitable. There are too many variables to really go over them all. If price goes up, just remember we need a network to support it.

True

Miners mostly sell directly to the market. If the price bubbles it means more people will attempt to make a profit through mining.
Miners will get pissed because they can't mine fast enough to feed the market. Cloudminers will be understocked.
The market will shoot up since nobody can supply the coins, only those willing to sell.
Price will go to an ATH before people realize the price is insane. Then we go back into a bear phase to blow off.

Price therefore can go to 5 digits if it wants too.

Even worse, if the price bubbles miners do not sell, creating much more scarcity in the market.

Right now an enormous amount of the demand is being satisfied off-market by miners. In a bull market, miners hold onto their coins for obvious reason therefore demand turns to exchange and price shoots up.


Title: Re: How much is it going to be this time ?
Post by: MrBig on October 14, 2014, 09:36:46 PM
This current rally is going to end before the price touches any of those numbers in your poll.


Title: Re: How much is it going to be this time ?
Post by: JimboToronto on October 14, 2014, 09:38:13 PM
$666

Such a gay little number isn't it?

I prefer to wait for $1337 to declare the rally on and $2600 to start taking some profits.

 :)


Title: Re: How much is it going to be this time ?
Post by: fewcoins on October 14, 2014, 09:40:35 PM
This current rally is going to end before the price touches any of those numbers in your poll.

No kidding! What kind of bias poll starts at $1,000?!


Title: Re: How much is it going to be this time ?
Post by: exocytosis on October 14, 2014, 09:42:04 PM
One million dollars.


Title: Re: How much is it going to be this time ?
Post by: spiderbrain on October 14, 2014, 09:48:24 PM
guys wait until the rally starts at least; you start drinking rocket fuel before we take off then we may never do :)
+1

It's going to take a long time to break 680. By a long time I mean six months ;)


Title: Re: How much is it going to be this time ?
Post by: spiderbrain on October 14, 2014, 09:50:24 PM
guys wait until the rally starts at least; you start drinking rocket fuel before we take off then we may never do :)
+1

It's going to take a long time to break 680. By a long time I mean three months ;)


Title: Re: How much is it going to be this time ?
Post by: Eriul_Pow on October 14, 2014, 10:12:21 PM
Guys, nobody said that the poll concerned the current rise of price.

We're talking here about the next rally which may have not started yet.


Title: Re: How much is it going to be this time ?
Post by: Wilhelm on October 14, 2014, 10:19:32 PM
Every bubble has hit an unimaginable ATH so $1000 is a good point to start the poll :P


Title: Re: How much is it going to be this time ?
Post by: cafucafucafu on October 14, 2014, 10:58:19 PM
its going to be a very long time before another bubble. maybe one year. right now we will have a slow and steady growth.


Title: Re: How much is it going to be this time ?
Post by: favelle75 on October 15, 2014, 12:05:29 AM
If we break through the previous ATH, there's no telling how high this can go. The media would blow this up, but this time there is a foundation to work on. 80,000+ merchants, more apps, more understanding and places like circle making it super easy to buy in.

THIS. The crazy thing is, our BTC will actually be usable now. Before it was like 1BTC was  $1K (or whatever)...cool, but I don't want to trade out for cash. Imagine if BTC gets to $5k in a short period and you can get a gaming laptop for 0.3BTC. Or you can get the latest smartphone for 0.15BTC. That kind of stuff right there blows my mind. Especially when mining 0.5BTC per day.

Rock on.


Title: Re: How much is it going to be this time ?
Post by: Guido on October 15, 2014, 12:08:58 AM
I think in the next 2 months we will be around the old high, $900 - $1200


Title: Re: How much is it going to be this time ?
Post by: jaybits on October 15, 2014, 12:10:23 AM
One million dollars.

http://www.youtube.com/watch?v=l91ISfcuzDw (http://www.youtube.com/watch?v=l91ISfcuzDw)


Title: Re: How much is it going to be this time ?
Post by: Robert Paulson on October 15, 2014, 12:20:15 AM
Sit back and enjoy the ride, this is Bitcoin.

https://i.imgflip.com/d2yl0.jpg


Title: Re: How much is it going to be this time ?
Post by: touhonoob on October 15, 2014, 12:31:28 AM
3 months to 10K


Title: Re: How much is it going to be this time ?
Post by: jaybits on October 15, 2014, 02:11:29 AM
http://www.youtube.com/watch?v=yBHydlP5E_w (http://www.youtube.com/watch?v=yBHydlP5E_w)

http://www.youtube.com/watch?v=qx0pA2iT_q0 (http://www.youtube.com/watch?v=qx0pA2iT_q0)


Title: Re: How much is it going to be this time ?
Post by: brg444 on October 15, 2014, 02:31:34 AM
If we break through the previous ATH, there's no telling how high this can go. The media would blow this up, but this time there is a foundation to work on. 80,000+ merchants, more apps, more understanding and places like circle making it super easy to buy in.

THIS. The crazy thing is, our BTC will actually be usable now. Before it was like 1BTC was  $1K (or whatever)...cool, but I don't want to trade out for cash. Imagine if BTC gets to $5k in a short period and you can get a gaming laptop for 0.3BTC. Or you can get the latest smartphone for 0.15BTC. That kind of stuff right there blows my mind. Especially when mining 0.5BTC per day.

Rock on.

I don't need all those gadgets.

If you are so shortsighted as to spend your BTC on trivial stuff when it gets to 5k then you're doing it wrong.


Title: Re: How much is it going to be this time ?
Post by: favelle75 on October 15, 2014, 02:38:55 AM
I'm going to say $390.


Title: Re: How much is it going to be this time ?
Post by: MNDan on October 15, 2014, 03:02:29 AM
My plan is to cash out at $4500, then rebuy at $1000. Seems reasonable.


Title: Re: How much is it going to be this time ?
Post by: MelodyRowell on October 15, 2014, 03:22:35 AM
$800 is the highest that It can go...


Title: Re: How much is it going to be this time ?
Post by: vipgelsi on October 15, 2014, 03:24:25 AM
$800 is the highest that It can go...

Double that.


Title: Re: How much is it going to be this time ?
Post by: dbshck on October 15, 2014, 03:28:37 AM
My plan is to cash out at $4500, then rebuy at $1000. Seems reasonable.

If it ever go to $4500, i'm sure it won't ever hit $1000 anymore :D

Now we still waiting BTC to reach $1000ish again :-/