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$500 bitcoin by mid-July
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Topic: $500 bitcoin by mid-July (Read 5144 times)
nwbitcoin
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You are a geek if you are too early to the party!
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Re: $500 bitcoin by mid-July
April 21, 2013, 09:33:14 PM
#41
If you want bitcoins to be worth $500 soon, I would suggest you find a big celebrity, and get them to buy a few, and tell their friends about why its such a good idea!
If you got a nice guy like Tom Hanks tell TMZ that he just went and spent $10 million on bitcoins - that would make a huge difference!
Get someone like Daniel Radcliffe using bitcoins and the world is your oyster!
The trick is that to get public acceptance of bitcoins you need to work on famous authority not facts and figures!
Marketing 101!
*Image Removed*
I use Localbitcoins to sell bitcoins for GBP by bank transfer!
dorift_it
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Re: $500 bitcoin by mid-July
April 22, 2013, 02:06:46 AM
#42
Quote from: xgf666 on April 21, 2013, 10:41:30 AM
I don't think that BTC will ever rich $500 because 100% of average Joe which is 95% of bitcoin "traders" will sell at $300 maybe $260 like the last time.
you clearly dont understand how market works then lol
SlipperySlope
Hero Member
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Stephen Reed
Re: $500 bitcoin by mid-July
April 22, 2013, 02:20:56 AM
#43
Quote
Price is outpacing fundamentals and infrastructure growth right now
Agreed. Lacking anything better I use the long term bitcoin price support trend as an indicator of the bitcoin economy growth rate. I estimate this rate to be approximately 5x annually - which is incredibly awesome. But speculators outpace this 5x annual rate during bubbles. From a possible start of the bubble, which I think could be January at 13.50, the price reached 266 on April 10, with a double exponential growth rate. The final doubling from 133 on April 3 to 266 on April 10 took in just 7 days!
noedaRDH
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Finding Satoshi
Re: $500 bitcoin by mid-July
April 22, 2013, 06:07:47 AM
#44
Quote from: Vladimir on April 22, 2013, 04:40:34 AM
Quote from: nwbitcoin on April 21, 2013, 09:33:14 PM
If you want bitcoins to be worth $500 soon, I would suggest you find a big celebrity, and get them to buy a few, and tell their friends about why its such a good idea!
If you got a nice guy like Tom Hanks tell TMZ that he just went and spent $10 million on bitcoins - that would make a huge difference!
Get someone like Daniel Radcliffe using bitcoins and the world is your oyster!
The trick is that to get public acceptance of bitcoins you need to work on famous authority not facts and figures!
Marketing 101!
Dare I say Justin Bieber.
Bieber won't endorse Bitcoins, his handlers wouldn't allow it.
1NwGKiLcAngD1KiCCivxT6EDJmyXMGqM9q
Ask not what Bitcoin can do for you - ask what you can do for Bitcoin.
smoothie
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LEALANA Bitcoin Grim Reaper
Re: $500 bitcoin by mid-July
April 22, 2013, 06:27:57 AM
#45
Quote from: wobber on April 20, 2013, 07:12:49 PM
56 days until then.
What kind of power, action or event would be needed for that?
- more European economic problems, Cyprus-like: Spain, Portugal, Greece.
- more mainstream news about bitcoin
- more big "investors"
- more options to buy with, exchanges, apps, games etc
Are you from the future?
Currently it is more like 70 days until July.
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History of Monero development Visualization
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ANA
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nwbitcoin
Sr. Member
Offline
Activity: 294
Merit: 250
You are a geek if you are too early to the party!
Re: $500 bitcoin by mid-July
April 22, 2013, 09:03:48 AM
#46
Quote from: noedaRDH on April 22, 2013, 06:07:47 AM
Quote from: Vladimir on April 22, 2013, 04:40:34 AM
Quote from: nwbitcoin on April 21, 2013, 09:33:14 PM
If you want bitcoins to be worth $500 soon, I would suggest you find a big celebrity, and get them to buy a few, and tell their friends about why its such a good idea!
If you got a nice guy like Tom Hanks tell TMZ that he just went and spent $10 million on bitcoins - that would make a huge difference!
Get someone like Daniel Radcliffe using bitcoins and the world is your oyster!
The trick is that to get public acceptance of bitcoins you need to work on famous authority not facts and figures!
Marketing 101!
Dare I say Justin Bieber.
Bieber won't endorse Bitcoins, his handlers wouldn't allow it.
I'm not sure if Bieber would be a good choice, although when he does say bad stuff, it hits the news!
*Image Removed*
I use Localbitcoins to sell bitcoins for GBP by bank transfer!
Notanon
Sr. Member
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Activity: 388
Merit: 250
Re: $500 bitcoin by mid-July
April 22, 2013, 01:14:58 PM
#47
More morally-acceptable services (i.e. not Silk Road) accepting Bitcoins would go a long way. That, and more exchanges beyond Mt.Gox and BTC-e, especially those that cater more for non USD and Euro currencies like the Australian dollar would help as well and be less likely to fall victim to a DDOS attack.
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