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Question: What do you think should be the right BTC price as of Februray 2017?
<500 USD
800-1'200 USD
2'000 - 3'000 USD
about 5'000 USD
about 10'000 USD
Much more than 10'000 USD

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Author Topic: What do you think should be the right Bitcoin price as of Februray 2017?  (Read 1652 times)
w00t
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February 07, 2017, 02:40:25 PM
 #1

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

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February 07, 2017, 02:55:53 PM
 #2

The current price of bitcoin is the amount of money people are willing to give for 1 bitcoin and then that's it. There's nothing more to it. It's not undervalued or overvalued when you consider the adoption and infrastructure. If it was undervalued, traders/whales should already be rushing in buying more and more coins until they got no more fiat. If it was overvalued, people should be rushing selling their coins. I think whatever's the current price of bitcoin is it's "right" value.

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February 07, 2017, 03:01:16 PM
 #3

As nothing much is going to happen this month , I don't think the price will go anywhere above 1200$ assuming that there is no manipulation by the big whales. I'm definitely optimistic for the rest of the year though , with both Segwit , Lightning network and other implementations coming.

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February 07, 2017, 03:03:14 PM
 #4

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

I think it is valued right. Unless we solve the problems regarding blocksize and increase transaction throughput, the price will be restrained.
Once we cross those hurdles, the moon will be the limit.

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February 07, 2017, 03:06:58 PM
 #5

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

For me it always works best when 1 BTC is 100 million satoshi.  I like the stable price.

Okay. The old man told me to take any rug in the house.
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February 07, 2017, 03:07:11 PM
 #6

The market says $1055.53 US
The market is not an opinion about the price, it is the price. But my gut feeling is that speculation adds say 10% to the utility valuation. So, $950.

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February 07, 2017, 03:37:13 PM
 #7

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

You have seen it over $1000, and it is real $1000. but bitcoin is on his steady way. In this month the price of bitcoin will be stable on $1050 - $1100. based on some news about the adoption of bitcoin. it may grow more.

 
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February 07, 2017, 03:43:18 PM
 #8

according to my observations it is still the standard price for bitcoin should it be more than the figure for the month of February with a price 1044usd / BTC at this time, it still could rise again, judging from the movement of the graph can penetrate 1150usd / BTC for this month
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February 07, 2017, 03:52:08 PM
 #9

The range 800-1,200 USD is most likely where BTC will be in February 2017. No wonder almost everybody voted for that.

I think to make this poll more interesting we should split that at least in two parts.
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February 07, 2017, 03:54:41 PM
 #10

I think that Staying at the current price is just perfect because Im afraid of bitcoin price decrease because usually at February it drops.

We may want to see bitcoin price at leasr to $1200 but its a bit hard (but achievable) within the next 3 weeks.
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February 07, 2017, 04:04:28 PM
 #11

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

If "SHOULD" ok? Well then my guess is around $4,000 if there is no such thing as MT. GOX epic fail happen and no such thing as "NEGATAIVE" news rise while bitcoin is taking on it's journey in the financial world. Meaning just a continue increase even a slow one.

But that is not possible obviously in the first place. By going back in the reality, the price today is just appropriate and reasonable even bitcoin was already 8 years in existence.

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February 07, 2017, 04:12:32 PM
 #12

I think the price for bitcoin will stay approximately the same till the end of the month, the same as today 1030$ add or take couple of tens dollars. That is not so bad, bitcoin cost a lot even now and I think creators didn't even expect such success.
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February 07, 2017, 04:34:04 PM
 #13

800 to 1200 usd per btc i think is the most realistic and logical figure that we can look at at this point. Btc price has been in a way consistent within that range for the start of this year and i think there won't be any drastic change we'll see up to around march and then we'll see if the price of btc would go beyond the record or remain as it is, but i'm feeling good about how the prices are moving

 
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February 07, 2017, 04:39:15 PM
 #14

I think the price for bitcoin will stay approximately the same till the end of the month, the same as today 1030$ add or take couple of tens dollars. That is not so bad, bitcoin cost a lot even now and I think creators didn't even expect such success.
As mentioned price is expected to stay in the current price till the month end. The price of bitcoin is found quite stable without sudden steep variation. So in a short the price won't fall very low than the price from which the price started to increase to reach the ongoing increase.

 
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February 07, 2017, 05:02:49 PM
 #15

So i hope bitcoin will stay above 1000$,best will be above 1050$ and at early spring attack on all time high
Will be more data about inflation in Europe in April,with that what EBC is doing can be very high inflation and real danger of hyperinflation

 
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February 07, 2017, 05:05:49 PM
 #16

the month of February to coincide with the event feast of Chinese New Year, so this could be dampat of it then the price before the Chinese New Year is around $ 880, but after the Lunar bitcoin always rise slowly but surely my forecast prices bitcoin highest for the month of February is $ 1150 / BTC btidak more of it for less than it is likely


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February 07, 2017, 05:06:33 PM
 #17

I think its undervalue still knowing its being adopted by known merchants around the world. Currently, there have been a lot of start up companies wanting to be funded by the bitcoin users as investors which makes it more valuable because company value also grows by the time it achieve goals. We keep shouting these companies to be scam but some of them are really passionate to make it big and give back to the community. Bitcoin has got to have more value than how much it has, its just a matter of time before we see its real value.

 
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February 07, 2017, 10:17:18 PM
 #18

Hi,
I'm really curious what in your personal opinion the price should be - where do you think we should be in means of adoption and infrastructure.

We currently have price of about $1000 per 1 BTC, do you consider it as about right, overvalued or undervalued in all and all?

Please vote and if possible please explain why you voted in this way below.

Thanks.

If "SHOULD" ok? Well then my guess is around $4,000 if there is no such thing as MT. GOX epic fail happen and no such thing as "NEGATAIVE" news rise while bitcoin is taking on it's journey in the financial world. Meaning just a continue increase even a slow one.

But that is not possible obviously in the first place. By going back in the reality, the price today is just appropriate and reasonable even bitcoin was already 8 years in existence.

I think with this answer I'm most happy because it actually answers what I'm talking about - market is market and from time to time it seems not get it. Considering that Bitcoin allows to move money from one part of the world to another at anytime for couple dollars worth - I think that deserves at least double the valuation that it currently has but people are just focusing on the number. I think I will make a new poll later with different question.

First PC game is using Bitcoin as the currency: Fallout 2
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February 07, 2017, 10:59:30 PM
 #19

The price is good right now, and it's going to stabilize, as it does since some days. I will prefer to see the price stabilizedd at his rate instead to see it growing by 20% and decrase by 30% one week after. So far i am happy with how it  is righ now. It continues to grow slowly but surely. I am surely it will go up to 1400$ before the summer or just after.. Keep the fingers crossed guys xx

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February 07, 2017, 11:18:28 PM
 #20

If everything worked fine i predicted bitcoin will be around 1200$, judging from the user enthusiastic and the bitcoin popularity, but due to the china's government investigation,this has set back the price and transaction volume, so i predicted it will be around 1000$
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