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Author Topic: POP! (and up we go again....)  (Read 2562 times)
Aozora21
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April 04, 2013, 01:04:00 AM
 #21

i dunno, im starting to get a little nervous
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April 04, 2013, 01:07:37 AM
 #22

If you're not in over your head, there's no need to be nervous. Proportionally, if this were like the 2011 bubble, the price would already be $600+ per BTC now. Makes ya think.

If/when bitcoin really hits the prime time and real money flows in, the exchange rate will be well north of $10k, probably well well north. But I don't think bitcoin is really ready for that right now; the protocol may be (block-size controversies/debates aside) but the overlying infrastructure not as much.

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April 04, 2013, 02:27:08 AM
 #23

Once the asics come in a couple of months difficulty will be so high I bet it could get that high.

But with such a high inflation rate currently I can't see it breaking as high as some people think until 2017 when the reward is halved again. By then USD inflation will have just started kicking in big time, meaning big money will want to come in to protect itself, just as the inflation rate decreases.

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April 04, 2013, 06:33:05 PM
 #24


well maybe on that time scale  Roll Eyes
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April 04, 2013, 06:47:38 PM
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But with such a high inflation rate currently I can't see it breaking as high as some people think until 2017 when the reward is halved again.

3Q 2016. actually!
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