will the bitcoin reach $1000 one day...?

[Anon135246]

Wasnt the price around 320 back in April?

[LiteCoinGuy]

Wasnt the price around 320 back in April?

No, the high was at arround 270 usd.

[wasserman99]

i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now. 

[xypos]

i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now. 

Then buy one btc, and sell it when it is higher than 1k usd
But still, you could wait a long time ^^

[wasserman99]

i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now. 

Then buy one btc, and sell it when it is higher than 1k usd
But still, you could wait a long time ^^

i plan to do that, but i am also trying to tuck more away for when they are worth much, much more than 1k usd 

[marcovaldo]

Ok, good luck

[Rassah]

i believe the price will be even much more than 1000$ one day (even without US hyperinflation, hehe), that's why i am trying to stock up as much as i can now. 

Then buy one btc, and sell it when it is higher than 1k usd

Sell for what, USD/EUR? Why? That's like saying, "As soon as my classic 1960's Aston Martin reaches $100,000, I'll sell it and get an AMC Gremlin

Just spend it on something you need, or hold on to it until you need to buy something.

[Argwai96]

i think it will reach $1000 in 1 month. 

[nobbynobbynoob]

i think it will reach $1000 in 1 month. 

Haha, I don't, and I'm almost as bullish as Vladimir, rpietila and Rick Falkvinge before he started shorting bitcoin.

[xaxidk]

Assuming BTC displaces companies like Western Union (market cap $10.2 billion vs $1.6 billion for BTC), yes, it will reach $1,000.

[plogank]

Considering that there will always be a limited number of Bitcoins, the greater the use the greater the value that must be stored in each Bitcoin. I expect the exchange rate to exceed $1000 USD soon.

[saddambitcoin]

no doubt it will reach 1000

[Gimmelfarb]

not for a while. we have to go down first!  

[niko]

what if it becomes trendy to own at least one bitcoin ? there are probably 500 mio people in the world who could afford 1 btc at current prices.

That's like saying there are 349 people who wish to eat these 2 pieces of cake in front of me...

Let's try again, to make your point clear:

what if it becomes trendy to own at least one some bitcoin ? there are probably 500 mio people in the world who could afford 1 btc at current prices - that's a total value of 60 000 000 000 invested (or converted) into bitcoins. At maximum 21 million coins, assuming no coins were ever lost, this turns out to be ~ USD $2,800 per coin.

[Argwai96]

scratch that -- i think it may even be sooner than one month. 3 weeks -- i think we are going to be above $1000 in 3 weeks. you heard it here!! 

[rklopman]

If the bitcoin price manages to stay above 140 (at MtGox), 1000 is likely within a year, I think. If, however, the 140 resistance level holds, we will probably have to go down first.

I expect bitcoin to reach $1000 without doubt, unless the coin is hacked or a competitive coin emerges very soon.

[tonino]

why $1000 and why not 1 million?

[Welsh]

scratch that -- i think it may even be sooner than one month. 3 weeks -- i think we are going to be above $1000 in 3 weeks. you heard it here!! 

Wow. I must disagree with you. But, you look confident it will happen. I doubt it very much though.

[overunity]

I doubt we will break $150 in the short term unless some really positive news comes out .

Currently the order books of the major exchanges has lots more volume of sellers at the $140 ish level while the buyer volumes look weak in comparison .

Personally I feel the sellers are dominant approaching $140-$150 area for now .

Personally I would use the $120 ish area for buying, dollar cost averaging to as close the that figure as possible.

And try to sell over $140 .

On Mtgox we have in recent weeks tested resistance at $148 ish but have seen a sharp rejection .

I personally would not short bitcoin since there are few news events that can take the value to zero .

Yet there are thousands of news events that could raise the value of bitcoin .

 

[marcovaldo]

why $1000 and why not 1 million?

1 million is not possible, come on