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Author Topic: BTC value at the end of May  (Read 2779 times)
Smiley_01
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May 09, 2013, 08:19:58 PM
 #81

I really dont think ASICs will influence USD prices for 1 BTC that much. But it will influence mining profit for sure !
Might have to stop mining with my GPUs because of negative profit ;-)
...I'll try to get some more BTC/LTC before this happens.
I also expect some ASIC / FPGA like hardware solution for scrypt coins to show up in the next months.
But in the meantime scrypt GPU mining sucks a lot more power than SHA256 mining (at least with multi-GPU rigs).

I really dont like scrypt so much because of the increased energy waste compared to SHA256 (I know about
the other advantages though...)
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A.ryan2119
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May 09, 2013, 08:35:41 PM
 #82

They seem to be stabilizing around $110. not sure where they will go from here
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May 09, 2013, 08:38:53 PM
 #83

I guess I can make a guess: $120, since the market is stabilizing somewhere around this point.

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May 09, 2013, 10:45:26 PM
 #84

I think it will be around 150$  Shocked
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May 09, 2013, 10:55:59 PM
 #85

Seems to have found some stability in the $110-$130 range.
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May 09, 2013, 11:07:10 PM
 #86

$110?
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May 10, 2013, 12:27:45 AM
 #87

$110 +/- $20.
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May 10, 2013, 01:57:19 AM
 #88

Over $9,000! Grin

Seriously though, maybe around $135 or so.
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May 10, 2013, 02:03:20 AM
 #89

$100 +/- $100
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May 10, 2013, 02:09:42 AM
 #90

$133 +/- $133
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May 10, 2013, 02:18:50 AM
 #91

around $110 looks to be the spot.  last 24 hours has been pretty tight range
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May 10, 2013, 02:26:14 AM
 #92

I'm guessing on $120.
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May 12, 2013, 04:32:15 PM
 #93

150
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May 12, 2013, 05:11:34 PM
 #94

I am guessing $160

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arlekyn13
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May 12, 2013, 07:03:48 PM
 #95

I think, as many others, it should be traded at around $1000 per coin. I have a weird feeling some smart (and potent enough) people are doing a very good job at keeping the price this low in order to accumulate more and more bitcoins for when the time will be for it to be traded at $1000 or even more. When we talk big money, a 10X price increase it's just huge numbers that aren't passed so easily by the big sharks.
However, current events such as the coinlab vs mtgox claim or the closure of bitcoin-24.com (was the largest EUR market after mtgox if I'm not mistaken) and bitfloor, did have some impact on the price. To be honest, I'm surprized the market stabilized at $110-115, I was expecting it to be rather in the $40-50 area.
So, to conclude with my estimation, it will be around $125-$130 by the end of the month.

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May 12, 2013, 07:06:49 PM
 #96

I think, as many others, it should be traded at around $1000 per coin. I have a weird feeling some smart (and potent enough) people are doing a very good job at keeping the price this low in order to accumulate more and more bitcoins for when the time will be for it to be traded at $1000 or even more.

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