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Author Topic: BTC value at the end of May  (Read 2780 times)
ForShow5 (OP)
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May 08, 2013, 02:21:01 AM
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Any ideas what the price will be once the ASIC miners come into full play?
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ashaw596
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May 08, 2013, 02:22:54 AM
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Hopefully, it should stay about the same. The rate of BTC made should stay approximately contsant. I think. Maybe
n-gage
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May 08, 2013, 02:34:29 AM
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My bet is $130 per 1 btc
zero3112
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May 08, 2013, 02:47:46 AM
 #4

Probably not to far off.  We really need a stable coin for it to have any real success.

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May 08, 2013, 02:56:14 AM
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My opinion is that it will further mature the system and probably lower the exchange rate while lowering the volatility as well.
zero3112
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May 08, 2013, 02:57:16 AM
 #6

Why don't they change the unit from BTC to a mBTC then everyone can afford bitcoin?

Peter Lambert
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May 08, 2013, 03:00:01 AM
 #7

Why don't they change the unit from BTC to a mBTC then everyone can afford bitcoin?

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Bitcoin is no more useful if you hold 1 than in you hold 0.01, the price does not matter.

You can go change the unit in your client, it should be under settings.

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The best place for betting with bitcoin: BitBet.us
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May 08, 2013, 03:27:28 AM
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My bet is $130 per 1 btc

This or lower I think. If May is all about a gradual decline, it might slowly work it's way down to stable $70 - $80, and possibly have a spike up to $130 after that just for fun.
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May 08, 2013, 03:44:42 AM
 #9

Difficulty does not affect mining rate.  No one can predict prices with certainty, they can just speculate.  ASIC miners will affect the mining scene more than the financial one.
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May 08, 2013, 03:48:00 AM
 #10

Probably not to far off.  We really need a stable coin for it to have any real success.
1) While stability would make it easier, I bet there will be enough ways developed to utilize even a volatile Bitcoin.
2) My guess is you won't see a stable Bitcoin anytime soon.
Yeah? No?

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May 08, 2013, 03:48:40 AM
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Difficulty does not affect mining rate. 
It doesn't? Then I guess I STILL don't get it...

Kiders
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May 08, 2013, 04:38:49 AM
 #12

i would say the prices might go up. it gets harder to find BTC for every block we get. meaning they get more valuable meaning higher prices? really hoping for 160-180$ 1.6.13
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May 08, 2013, 05:43:36 AM
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Probably not to far off.  We really need a stable coin for it to have any real success.
I've sort of enjoyed the rollercoaster and would love for the price to keep going up, but yeah, more stability will be nice in the future.
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May 08, 2013, 05:45:41 AM
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Roller-coaster being a descent descriptor: look at that graph!
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May 08, 2013, 05:47:47 AM
 #15

been looking like a bumpy road the last few days  Grin

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May 08, 2013, 06:33:25 AM
 #16

I think around $300 (past BTC's high of $266).
demon
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May 08, 2013, 07:24:21 AM
 #17

a'am think in diapason 50-100$
bitcoinminerz
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May 08, 2013, 08:18:39 AM
 #18

I think it will be around $80-$110  Undecided
Peter Lambert
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May 08, 2013, 01:50:41 PM
 #19

Difficulty does not affect mining rate. 
It doesn't? Then I guess I STILL don't get it...

Any changes to the total network hash rate are offset by adjustment of difficulty, so the network always produces 150 new bitcoins per hour (for about 3.5 more years, when it will drop to 75 new bitcoins per hour).

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May 08, 2013, 02:00:30 PM
 #20

60-100. Steadily recorrecting towards the mean.
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