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Question: Will Bitcoin to hit $300 USD by Tueday night?  (Voting closed: April 09, 2013, 04:07:14 PM)
Yes - 2 (7.7%)
No - 17 (65.4%)
Maybe - 7 (26.9%)
Total Voters: 26

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Author Topic: Bitcoin to hit $300 USD by Tueday night  (Read 693 times)
f1lt3r
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April 08, 2013, 04:07:14 PM
 #1

It's amazing to see Bitcoin flirting with the $200 mark on Monday. Anyone think this can hit $300 by the end of Tuesday in the USA?
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JohnnyBrick
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April 08, 2013, 04:15:40 PM
 #2

I wish not, cuz that possibly indicates that this bubble is expanding too fast and might burst.
I rather see it steadily rising Grin Grin
f1lt3r
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April 08, 2013, 04:23:33 PM
 #3

Yeah it's a scary thought. Funny thing is, even is you look at the crashes and watch it long term it keeps on moving up. I feel like it would categorically fail on a security level to really kill it.

I was showing the MTGOX candle stick to a finance guy on the weekend. He said reading the candle stick... "So many white soldiers, it's going up, and I mean... UP UP!" He compared it to Apple a while back. The whole idea freaked him out a bit I think, because it's so new, it could go anywhere.

Being someone that invested before it went up, I feel like there is less pressure than people getting involved now. But it sure is interesting.

For me the ideal situation is that a) the system is integrally strong enough to stop it being hacked, b) things become stable enough to use this as currency.

Two things I find might be a game changer in the long run...

1) Supply is limited, so can the GDP grow faster than the network can produce small change (even with the 8+ decimal system)?
2) It seems like most of the money is going to Americans. I live in America, but still... it's a concern. Equity is strength in my mind. Not monopoly.
ryanfromrethink
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April 08, 2013, 04:32:24 PM
 #4

Instability breeds the need for more practical means.  Bitcoin will be growing for a while.

I'm really excited about it, from a non-speculative view.
Xrim
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April 08, 2013, 04:58:32 PM
 #5

I'm in it for the sake of a free currency. Right now it looks like greedy people is doing every they can to make a profit. What bitcoin needs is a stable and safe increase in value and places to trade. This will crash and people will remember it as an unsafe currencyand shun it...

Did I do or write anything good?
1Dtztme4JLivFt2MnNi8AGry3gBwZm47tW
miyamoto
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April 08, 2013, 05:19:56 PM
 #6

My vote is no.  But it is possible by the end of the month  Smiley
chymsunsun
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April 08, 2013, 05:21:06 PM
 #7

maybe will hit 200$
opsd1
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April 08, 2013, 05:29:30 PM
 #8

Unlikely, but it could break $240 this week.
face melt
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April 08, 2013, 05:39:13 PM
 #9

It's amazing to see Bitcoin flirting with the $200 mark on Monday. Anyone think this can hit $300 by the end of Tuesday in the USA?

I hope so, but don't think so
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