4000$ bitcoins in 4 months

[STT]

It is impossible that a nation or government will declare bitcoin as its national currency, how they can control it?

it is not impossible because they don't need to control it.  In Panama, they use United States dollars and don't control it.

Thats not the exception its the norm.   People need to realise most of the world does not live in USA yet the dollar is world currency.   So most people are wondering how it is you only accept things you can control, this is a luxury in monetary terms.   The whole concept a country sets its own interest rates rather then the circumstances they navigate is not a good working idea

Gold is not a currency controlled by government yet has been the baseline for many centuries, it was in national use in many places without any real mining source


An exponential chart recognises a trend more then a linear chart can show.   So so say technology growth is exponential which has been shown true, some tech companies might go grow similarly and be described best in that way.  BTC could also fit such a trend if we consider its growth globally still possible

[tyrexs]

i'm not wrong read this? 4k in 4 month
sorry i guess it will not happen, now for bitcoin back to $1000 it really hard

[tss]

once the greece thing passes, the hype will be over and we will see where prices settle. others will take note.

every financial crisis bitcoin gets some attention.  when there will be many, bitcoin will be there.

in the long run (not this time) i think there will be a lot of upward resistance around the 800s.  many will cash out then thinking its the top to say i told you so to others and hope to buy in again at a lower rate. 

[Amph]

if this is not another dead cat bounce(we are still in the range where it could be, if it go to 500 then one can consider it a non dead cat bounce) then there can be the possibility of crazy climb

i think everyone is waiting for the crazy ride, like it was with the 1200 but bigger this time, something could certainly trigger a wave like that, but it does not look like this is the case

[xDan]

moon confirmed

[AtheistAKASaneBrain]

In the beginning of 2013 bitcoin traded at 15$ and went up to 250$ in the following 4 months. That's 16x rise! We are currently at 270$, 5 weeks green in a row, exactly as it was before the Cyprus crisis.

270*16 = 4320

Are you serious? Or just another useless speculation of the price? Will you buy 1 btc for 4k dollars ? Oh sorry I forgot ... we are in the speculation forum section.

//sarcasm.

However, I will be happy if the price will raise to 500 dollars so I can dump al my coins XD (who wants 4k dollars per btc).

Im surprised how such dumb posters can be hero members. Did you really spend years here posting and still not learn how you aren't forced to buy 1 entire BTC? you didn't learn how BTC could go to 1 million per coin and still function perfectly because it can be divided as small of an unit as needed? Jesus Chirst. Im not sure if it's sarcasm or not at this point, because I see so many dumb comments like these.

[randy8777]

it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

[lorylore]

it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

It's more funny to believe that the bitcoin price will reach 4000$ in 4 months ? lol
Drop a bit, be real we want 300-350$ this month

[The Bad Guy]

not gonna happen for sure mate  , there won't be any big pump on Bitcoin price unless we reach the next halving block reward or two . which will be next 2016 and the other one on 2020 or something .

[jonald_fyookball]

it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

well there no fundamentals to the prediction.  OP is correctly identifying the start of a bull trend, but it is not THE trend that would take us to such a high level so soon.  I'd be stoked if we get back to the $500-$600 range in the next four months.

[molecular]

The separation between church and politics happened a while ago, it now is time for the separation between politics and money. 

I usually use "separation of state and money". But maybe your line is even better. Not sure yet.

Anyway... we all know we're working on it. Let's do this!

[molecular]

$4k in 24 months is more believable. We won't see similar timeframes as previous jumps, even if the scale is generally the same.

The reward halving should do the trick to get things going. So I'm betting we will have reached this target by end of 2016.

[molecular]

not gonna happen for sure mate  , there won't be any big pump on Bitcoin price unless we reach the next halving block reward or two . which will be next 2016 and the other one on 2020 or something .

Be careful with those bolded words and bitcoin.

I wouldn't rule it out. Depends on exactly what a "big pump" is, too.

[Hyena]

it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

Impossible? You clearly don't have a clue what bitcoin is capable of. BTW, I'm all in since 2012. Now there is simply no point for me to buy any more bitcoins because the bitcoins that I could buy today with my monthly salary would be just a drop in the ocean in comparison to the coins I accumulated in 2011 and 2012.

well there no fundamentals to the prediction.  OP is correctly identifying the start of a bull trend, but it is not THE trend that would take us to such a high level so soon.  I'd be stoked if we get back to the $500-$600 range in the next four months.

You clearly have no idea how quickly and unexpectedly things can change.

not gonna happen for sure mate  , there won't be any big pump on Bitcoin price unless we reach the next halving block reward or two . which will be next 2016 and the other one on 2020 or something .

How is the current situation any different from 15th of October 2013 when I made this post? No one was expecting 1200$ bitcoins. People were telling the same shit that we should wait for the next halving and what not.

We have only 6 months left in 2015 and last year I saw 3 dreams:

• 2014 is the consolidation centre.
• 150$ is the bottom.
• 2015 shit hits the fan, bitcoin conquers unbelievable heights.

2014 indeed turned out to be rather conservative in terms of price. This leaves only 6 months for the shit to hit the fan. Something big will happen this year and bitcoin will profit from it. Should we get to the ATH, 4000$ bitcoins are a rather pessimistic prediction.

[jonald_fyookball]

well there no fundamentals to the prediction.  OP is correctly identifying the start of a bull trend, but it is not THE trend that would take us to such a high level so soon.  I'd be stoked if we get back to the $500-$600 range in the next four months.

You clearly have no idea how quickly and unexpectedly things can change.

I hope you're right and we'll see fantastic unexpected gains. 

[greBit]

I highly doubt that we are going to even come close to this. However, there is a slight possibility in case that something happens.
If Greece declares Bitcoin as its national currency then Bitcoin is going places. Although the odds aren't really in favor of this one.

It is impossible that a nation or government will declare bitcoin as its national currency, how they can control it? Only an anarchy can support bitcoin as currency not even a democracy.

It is not impossible for a nation or a government to declare bitcoin as its national currency, just because they cannot control it. Ofcourse they will have all their attempts of copying it, banning it, whatever it... but if people just keep using it and fucking adopt it, it causes an economic revolution and things just change. They have to adopt it, they won't have any options left.

[jaredboice]

it's quite funny to see how a very high ranked hero member thinks the impossible will happen within a few months. if you really believe yourself then go all in right now.

Regardless of what they say, I very much doubt some of the people on this form would go all in right now... since they probably already went all in at $190  

[redsn0w]

In the beginning of 2013 bitcoin traded at 15$ and went up to 250$ in the following 4 months. That's 16x rise! We are currently at 270$, 5 weeks green in a row, exactly as it was before the Cyprus crisis.

270*16 = 4320

Are you serious? Or just another useless speculation of the price? Will you buy 1 btc for 4k dollars ? Oh sorry I forgot ... we are in the speculation forum section.

//sarcasm.

However, I will be happy if the price will raise to 500 dollars so I can dump al my coins XD (who wants 4k dollars per btc).

Im surprised how such dumb posters can be hero members. Did you really spend years here posting and still not learn how you aren't forced to buy 1 entire BTC? you didn't learn how BTC could go to 1 million per coin and still function perfectly because it can be divided as small of an unit as needed? Jesus Chirst. Im not sure if it's sarcasm or not at this point, because I see so many dumb comments like these.

Have you noticed the //sarcasm, come on guys





I know how bitcoin works, don't worry .... keep posting to get paid from the signature campaign (I'm out).

Have a great day.

[tss]

I know how bitcoin works, don't worry .... keep posting to get paid from the signature campaign (I'm out).

Have a great day.

i am happy to see you are no longer participating in the signature campaigns also.  care to share the reason why?

[solid12345]

Impossible? You clearly don't have a clue what bitcoin is capable of. BTW, I'm all in since 2012. Now there is simply no point for me to buy any more bitcoins because the bitcoins that I could buy today with my monthly salary would be just a drop in the ocean in comparison to the coins I accumulated in 2011 and 2012.[/url]

This is what I find funny about the btc community, $4k btc sounds crazy yet it is nowhere near as crazy to me as the idea a couple of nerds cpu mined thousands of bitcoins for winter heating prices and turned those into $1,000 a piece.

Bitcoin's market cap is tiny, tiny tiny compared to a typical fortune 500 company or a few blocks of prime real estate in a major American city, it has alot of room to grow.