1 BTC = 2000 USD

[Ian Maxwell]

Since we've had threads for 2, 20, and now 200, I figured I might as well get this one over with as well.

If someone else wants to start the 20000 USD poll, be my guest.

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[Sean]

Should I go ahead and reserve the 1 BTC = 200,000 USD thread as well?

[kajoman]

Should I go ahead and reserve the 1 BTC = 200,000 USD thread as well?

haha...

[Urquan]

i' d say 2012 or later, but i hope by then bitcoin is seen as a Currency, not as a speculation or a 'money laundering'

[Nesetalis]

i say later simply because there are alot of people out there with some vast hordes of bitcoins... the scarcity we feel right now driving the price up, is artificial, once those hordes release, the prices will drop and normalize...
some people iwll horde longer.. so we will probably see the price hit 100-500$ this year i suspect, then drop below 100$ for a year or two and take much longer to climb back up.

maybe. 

[Sean]

i' d say 2012 or later, but i hope by then bitcoin is seen as a Currency, not as a speculation or a 'money laundering'

I am really looking forward to this as well, and I'm certain that it will happen, and perhaps only after a
huge market crash. Until then the price goes up though! I don't think BitCoin will do too well as a
money laundering utility once some legal trusted BitCoin companies pop up.

[em3rgentOrdr]

Since we've had threads for 2, 20, and now 200, I figured I might as well get this one over with as well.

If someone else wants to start the 20000 USD poll, be my guest.

I think a betting market in bitcoin would be more appropriate.  And can have smart contract and automatic payout to the winners who predict the correct date.

[legendster]

i' d say 2012 or later, but i hope by then bitcoin is seen as a Currency, not as a speculation or a 'money laundering'

Made it to 250 in 2013 & still not considered as a currency !

[bit777]

At least it is starting to shape up as a serious business now.

[Joerii]

Wow why did you dig up this old thread ? Let it rest piece bro

[Peter Lambert]

i' d say 2012 or later, but i hope by then bitcoin is seen as a Currency, not as a speculation or a 'money laundering'

Made it to 250 in 2013 & still not considered as a currency !

Depends on who you ask. Some people consider it a currency, some people do not.

[Evo]

I think that bitcoin is too unstable, and if this trend continues, it'll  never reach a value of even $1000 per coin.

[bitcon]

my bitcoins are already worth $2000 each.   i cant believe ppl are selling so low.     

[Ferdinandreyes]

I think that bitcoin is too unstable, and if this trend continues, it'll  never reach a value of even $1000 per coin.

Really agree.

I think that BTC don't will be strong stable never (or not in the nexts 5-10 years). But maybe we will see this price caused for the reduced number of bitcoins compared to population.

[Stunna]

I think that bitcoin is too unstable, and if this trend continues, it'll  never reach a value of even $1000 per coin.

Really agree.

I think that BTC don't will be strong stable never (or not in the nexts 5-10 years). But maybe we will see this price caused for the reduced number of bitcoins compared to population.

I also agree, just imagine how many people would sell their bitcoins when they hit $1000 or $500 even. People fear the instability and want to cash out and hedge their losses generally. The bitcoin would have to crush fiat to truly climb.

[Liquid]

5 Years

[Peter Lambert]

I think that bitcoin is too unstable, and if this trend continues, it'll  never reach a value of even $1000 per coin.

Really agree.

I think that BTC don't will be strong stable never (or not in the nexts 5-10 years). But maybe we will see this price caused for the reduced number of bitcoins compared to population.

I also agree, just imagine how many people would sell their bitcoins when they hit $1000 or $500 even. People fear the instability and want to cash out and hedge their losses generally. The bitcoin would have to crush fiat to truly climb.

6 months ago people would have been saying the same thing about getting to 100 USD. But the people who sell have to be selling to somebody, so for every person who sold at 100 because they thought the price was going too high, there is somebody who bought at 100 because they think the price could go higher still and/or they think 100 is a good price.

[kderaymond]

I think that bitcoin is too unstable, and if this trend continues, it'll  never reach a value of even $1000 per coin.

Really agree.

I think that BTC don't will be strong stable never (or not in the nexts 5-10 years). But maybe we will see this price caused for the reduced number of bitcoins compared to population.

I also agree, just imagine how many people would sell their bitcoins when they hit $1000 or $500 even. People fear the instability and want to cash out and hedge their losses generally. The bitcoin would have to crush fiat to truly climb.

6 months ago people would have been saying the same thing about getting to 100 USD. But the people who sell have to be selling to somebody, so for every person who sold at 100 because they thought the price was going too high, there is somebody who bought at 100 because they think the price could go higher still and/or they think 100 is a good price.

It's interesting when you put it that way. It's a good thing to know someone has high hopes for the future of bitcoin.

[kurious]

I think that bitcoin is too unstable, and if this trend continues, it'll  never reach a value of even $1000 per coin.

Really agree.

I think that BTC don't will be strong stable never (or not in the nexts 5-10 years). But maybe we will see this price caused for the reduced number of bitcoins compared to population.

I also agree, just imagine how many people would sell their bitcoins when they hit $1000 or $500 even. People fear the instability and want to cash out and hedge their losses generally. The bitcoin would have to crush fiat to truly climb.

6 months ago people would have been saying the same thing about getting to 100 USD. But the people who sell have to be selling to somebody, so for every person who sold at 100 because they thought the price was going too high, there is somebody who bought at 100 because they think the price could go higher still and/or they think 100 is a good price.

It's interesting when you put it that way. It's a good thing to know someone has high hopes for the future of bitcoin.

Hmmm....  Unless it stablises, it cannot be used to buy and sell things in the real world, until then it is only worth what speculation means it is perceived as being worth.   I am a believer, but it's a long road to these kind of values and if it does 'spike' to 2000 bucks, a lot of damage when it crashes back down will make a lot of mess. People were buying at 250USD + recently, and they got burned.   there will be a lot more money at stake at the 2000 mark, and it may not be good news.  The price now is what we make it, it does not reflect a real value - there isn't one that is measurable other than in the actual bitcoin market propped up by the beliefs of those who hold - and trade in it.

[zero3112]

Haha