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1  Economy / Speculation / Re: Bitcoin price 1 year from now on: December 12, 2013, 07:03:13 PM
63% of voters think that Bitcoin will be $5000+

I think it will be around 3000 but i hope to be proven wrong  Wink
2  Bitcoin / Bitcoin Discussion / Re: Why should I use Bitcoin instead of Paypal? on: December 12, 2013, 06:55:02 PM
A few months ago i sold 15 LTC on ebay. The buyer used a hacked paypal account to pay for them.
I recived a chargeback so i opened a paypal dispute but was told becuase i sold "virtual goods" i was not covered with paypal buyer protection.

Lesson learned and faith lost in paypal.

Those LTC would be worth $458 right now  Angry

3  Bitcoin / Bitcoin Discussion / Re: Long term bitcoin unit on: December 12, 2013, 06:47:44 PM
Bitcoin is getting more media exposure per week now than it did in it's first 3 years. If its going to catch on now is the time
4  Economy / Speculation / Bitcoin price 1 year from now on: December 12, 2013, 12:56:35 PM
Analysts from the bank of America recently valued Bitcoin at a price of $1300 each. Bitcoin enthusiasts have said that the price could easily hit $10,000 each within a year

How much do you think 1 Bitcoin will cost a year from now?
Cast your vote here http://latestbtc.com/price-poll/
5  Bitcoin / Bitcoin Discussion / Re: This is the biggest reason stopping general public from converting to bitcoin. on: December 11, 2013, 03:30:35 PM
One major problem is people not being able to get BTC.  I mean I have tried and it's such a pain, that sometimes it's not worth it for the advantages of BTC.  I mean I ocassionally mine them too but the exchanges seem incompetent.

Totally agree with that. Bitcoins are still hard to purchase. If you could buy Bitcoins at BTC-e MtGOX and Bitstamp with your credit or debit card bitcoin would be vastly more popular
6  Bitcoin / Bitcoin Discussion / Re: Wikipedia Donation Campaign and still no Bitcoin on: December 11, 2013, 03:03:57 PM
I just tweeted Jimmy Wales (Wikipedia co founder) asking why they have not added it yet

https://twitter.com/LatestBTC/statuses/410785790579331073

It would be a Boost to the legitamacy of bitcoin while helping Wikipedia
Win win situation

I will be sending a donation if it is added  Smiley
7  Bitcoin / Bitcoin Discussion / Re: Now On CNN: Can Bitcoin Replace PayPal? on: December 11, 2013, 02:50:14 PM
If Bitcoin price became stable and an e-commerce giant like Amazon added it as a payment option then 100% yes.
Once a giant online retailer ads it thousands more will follow
8  Bitcoin / Bitcoin Discussion / Re: Why should I use Bitcoin instead of Paypal? on: December 11, 2013, 02:41:02 PM
Bitcoin won't put a 40 day hold on your money
Bitcoin won't limit your account
Bitcoin won't report you to tax officials
Bitcoin won't let people scam you with charge backs
9  Economy / Speculation / Re: Why is there a sell off again ? on: December 11, 2013, 12:28:11 PM
Due to the recent JPMorgan news there has been a lot of panic selling

http://latestbtc.com/bitcoin-price-dropping/
10  Economy / Economics / Re: 927 People Own Half of All Bitcions on: December 11, 2013, 08:26:23 AM
In a way it's a good thing. People putting so much trust and Millions of their money into Bitcoin.

Good until they decide to cash out....
11  Other / Beginners & Help / Re: Where would you like to see Bitcoin in 10 years? on: December 10, 2013, 04:46:28 PM
$10,000 per coin would be nice

The future of Bitcoin rests on how deeply it can get embedded in e-commerce with the next few years
12  Other / Beginners & Help / Re: Invest in btc or ltc? on: December 10, 2013, 07:23:14 AM
Right now I would wait for the price to come down a bit.

The price is still sky high due to all the recent media attention but I think by February the price will have dropped to $300
If you really wanted to invest now I would buy some Litecoins. Rumours are MTGOX will be adding LTC in January....

Although it was rumoured LTC would be added 5 or so months ago too....

13  Other / Beginners & Help / Re: THE CRASH OF THE BITCOIN BUBBLE HAS BEGUN! SEE CHART. on: December 10, 2013, 07:17:01 AM
For now I think Bitcoin will continue to rise and possibly reach $1500 by late January due to the massive amounts of
mainstream media attention (both good and bad). After that I think there will be a big drop down to settle around $300 for a few months.

Ultimately I would expect Bitcoin to reach $10,000 in the future whenever it becomes much easier to purchase them with debit / credit cards and as it becomes stabler more and more online retailers will start accepting Bitcoin as a form of payment
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