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Author Topic: Any bets on BTC?  (Read 1101 times)
coinage577 (OP)
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March 28, 2013, 04:29:03 AM
 #1

As BTC continues to climb on mtgox... I'm wonderin' if anybody has a good guess as to when 1BTC will hit $100?

I say it will happen by 4/2/2013.  Anyone?
BigJohn
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March 28, 2013, 04:31:14 AM
 #2

I say this time in 2015.
swappermall
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March 28, 2013, 04:32:01 AM
 #3

I'd guess on April Fool's Day Roll Eyes
MisterMelancholy
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March 28, 2013, 04:35:46 AM
 #4

End of March. Maybe even the 30th,
AgeraS
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March 28, 2013, 05:12:27 AM
 #5

The twenty ninth of March; In two days!
MisterMelancholy
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March 28, 2013, 05:30:18 AM
 #6

I change my vote. Bitcoins are going for $92+ on MtGox right now. Mid-tomrrow to tomorrow night.
potatorage
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March 28, 2013, 05:54:18 AM
 #7

I say it's going to hit a wall soon. Maybe by may Smiley
mokahless
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March 28, 2013, 06:04:57 AM
 #8

It would be hilarious if somehow Bitcoin crashed down to $20 on the first, then recovered the day after.

MisterMelancholy
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March 28, 2013, 06:20:32 AM
 #9

It would be hilarious if somehow Bitcoin crashed down to $20 on the first, then recovered the day after.
I'd buy so hard.
michellj
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March 28, 2013, 09:38:51 AM
 #10

Right now BTC is already at $101 (€79) on bitcoin-central.net - when I bought at €17 a few weeks ago I guessed they'd reach $100 by September - so now I'm saying $500 by June - after a bit of a rough ride of course!
robinhood9845
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March 28, 2013, 09:44:40 AM
 #11

I guess it'll go up in the long run, but with some crashes here and there.
Zaih
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March 28, 2013, 09:59:20 AM
 #12

Have a feeling it won't hit it. But if I was to guess, I'd say 5th of April Smiley
Vycid
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March 28, 2013, 10:01:13 AM
 #13

Damn, the market insight in this thread is insane. I'm gonna be rich.

coinage577 (OP)
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March 28, 2013, 04:33:11 PM
 #14

I think I'm going to have to revise my guess to 3/30/13 in light if BTC's continued awesome performance against the dollar!
coinage577 (OP)
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April 02, 2013, 01:58:22 AM
 #15

In light of today's performance on MtGox, it looks like my first instinct was right.  They say you should never change your mind as one is often correct the first time!
ColdHardMetal
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April 02, 2013, 02:06:40 AM
 #16

I'd guess on April Fool's Day Roll Eyes

Good call.

jackofspades
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April 02, 2013, 02:10:49 AM
 #17

$1000 by 2014 probe

Sky is tthe limit
David Rabahy
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April 02, 2013, 02:30:54 AM
 #18

Let's be real men (well, the women can be men if they want but I hope not); when will it hit 2^10 = $1,024 or approximately $1 trillion in market cap?

1) it could go to zero and never come back, e.g. fatal architecture flaw, etc. -> people die (hitmen hired, etc.)
     unlikely? but not impossible
     this situation would be a rather ugly push (everyone (or next of kin) get's their bets back)

2) it could level out at some amount below our target held down by some unexpected constraint
     confidence shaken but not broken
     if/when other currencies lose value against the Bitcoin the constraint won't hold it back
     potentially long delay until payout

3) word spreads, an ETF is not stood up very quickly
     in this day and age of instant news enough non-retirement funds battle their way in through Bitinstant, Coinbase, etc. walking the exchange rate up in a few years to our target

4) word spreads, an ETF is stood up soon
     An ETF could bring enough value in rocketing the exchange rate to the target in mere months.

5) it could eventually become the new global reserve currency replacing the US dollar
    It just can't scale as is to handle untold zillions of micro-transactions but it's plenty good enough for a low enough transaction rate for long term investments, i.e. Bitcoins effectively become a collectable like rare art

6) some other scenario

I'll take a stab at it; Tuesday, January 14, 2014.
andrewattheu
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April 02, 2013, 02:33:29 AM
 #19

the new bet should be when it hits $200 August?
ltcminer
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April 02, 2013, 02:36:12 AM
 #20

how about parity with gold, this is possible.
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