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Author Topic: will the bitcoin reach $1000 one day...?  (Read 112647 times)
Dafar
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November 29, 2013, 01:49:14 AM
 #1481

With btc china and india, I somehow think that this will go up from here. A lot of new people are pouring in from those 2 countries. To answer the question, I don't think that 1000 is possible soon, but a consistent 200, I think that IS possible.

Lmao!




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psybits
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November 29, 2013, 02:08:06 AM
 #1482

This thread is so awesome for historic purposes  Cheesy
DustyRah
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November 29, 2013, 02:20:38 AM
 #1483

I really don't think so but you never know.

Haha!!
DustyRah
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November 29, 2013, 02:30:26 AM
 #1484

Quote

Please tell me what "FIAT" is ? And why can't it be withdrawn ? Let's take Coinbase.. If you bought 5 coins there 6 months ago and they are just sitting there in your wallet. Should I be able to go to coinbase and sell my coin ASAP ? I ask because that is my situation. I hold less, but am curious because I bought for invesment purposes only. Thanks for your reply.



Yo FIAT is basially cash or paper money. You should sell that holding right now given the price cause its a good time to do so.

You could hold on longer if you are willing to take a bit of a risk, the rewards could be ridiculous like $10,000 a bitcoin but no guarantees is the issue.

CoinGeneral
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November 29, 2013, 02:51:22 AM
 #1485

Maybe the BTC will reach the $1000 ceiling soon, but maybe not
sarcasm

SonofPegasus
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November 29, 2013, 03:08:52 AM
 #1486

Quote

Please tell me what "FIAT" is ? And why can't it be withdrawn ? Let's take Coinbase.. If you bought 5 coins there 6 months ago and they are just sitting there in your wallet. Should I be able to go to coinbase and sell my coin ASAP ? I ask because that is my situation. I hold less, but am curious because I bought for invesment purposes only. Thanks for your reply.



Yo FIAT is basially cash or paper money. You should sell that holding right now given the price cause its a good time to do so.

You could hold on longer if you are willing to take a bit of a risk, the rewards could be ridiculous like $10,000 a bitcoin but no guarantees is the issue.



10,000 would be nice
BananaNipples
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November 29, 2013, 03:12:06 AM
 #1487

I think we'll be laughing at this thread even more when BTC reaches 10,000 in the next 5 years
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November 29, 2013, 03:21:25 AM
 #1488

Here in Brazil you can sell your bitcoins easily for USD 1300/BTC. Contact me at thiroch@gmail.com and/or read my post at the Newbies section for more info.

Cheers!

Thiago
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November 29, 2013, 04:28:39 AM
 #1489

I said forcibly broken, I was not referring to anyone supporting it. Government control, corrupted bitcoin foundation, corporatisation of the network. The utopian dreams of satoshi hippies will not go on forever, it's my view that the ceiling will be removed far sooner than anyone anticipates.

Just a hunch, nothing more Wink

In order to break the 21 million limit, all users and miners would have to agree to switch to the new fork.  If only one country forces everyone to switch, the blocks they mine will be rejected by all other wallets and all other miners, making their currency into an altcoin that isn't part of the bitcoin system. Even if most countries switch, and some small country with a few miners remains, that small country will still be the only one running and mining Bitcoin, while the rest of the world will fork off.

So, basically, the only way to break the 21 mil limit is to create an altcoin, which we already have many of.
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November 29, 2013, 04:40:57 AM
 #1490

I said forcibly broken, I was not referring to anyone supporting it. Government control, corrupted bitcoin foundation, corporatisation of the network. The utopian dreams of satoshi hippies will not go on forever, it's my view that the ceiling will be removed far sooner than anyone anticipates.

Just a hunch, nothing more Wink

In order to break the 21 million limit, all users and miners would have to agree to switch to the new fork.  If only one country forces everyone to switch, the blocks they mine will be rejected by all other wallets and all other miners, making their currency into an altcoin that isn't part of the bitcoin system. Even if most countries switch, and some small country with a few miners remains, that small country will still be the only one running and mining Bitcoin, while the rest of the world will fork off.

So, basically, the only way to break the 21 mil limit is to create an altcoin, which we already have many of.

You don't think it is possible for Bitcoin ITSELF, the founder and the one that overseas it, allows it to be mined, etc. to put in a mulitple ? It is just like a Reverse Split on a stock. 4 for 1. Or better yet, to stablize it he could Lock the FLOAT. Then split that allowing for no more to be mined. I know in the backgorund he is laughing at it all. Can't believe he pulled it off. At anytime I am Positive he cant put a stop to the mining, allows who he wants to figue it out, etc..... It is not centralized, insured, anything... So somewhere is a room full of techies laughing it up and cashing in...
azguard
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November 29, 2013, 05:51:21 AM
 #1491

Quote
The sonner it reach your target 5000$, the higher likelihood to crash very big. I preffer only slow steady rise, not this hype

Yes it is better to rise slowly but considering in coming Christmas and new year maybe it will go up or it will break down rapidly



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Light
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November 29, 2013, 05:55:21 AM
 #1492

Well here we are, who'd have thought? I certainly never thought it would get this big, but then again this might all just be another bubble. Still I'm rather blown away by the fact we've finally hit $1K.
Cyberdyne
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November 29, 2013, 06:48:28 AM
 #1493

After hearing about Korea's plan to fund their own exchange

Citation please? I haven't logged in for a while.
azguard
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November 29, 2013, 07:26:07 AM
 #1494

Currently prices are changing

BTC ~1000$
LTC dropping bellow 40$
FTC is sky rocketing 3x in past 24h

something big is gonna happens



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beetcoin
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November 29, 2013, 07:32:48 AM
 #1495

there are so many cryptocurrencies that i don't even know where to begin... i already missed the train on LTC since i had to wait 10 days for my coinbase transaction to go through.
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November 29, 2013, 07:34:54 AM
 #1496

there are so many cryptocurrencies that i don't even know where to begin... i already missed the train on LTC since i had to wait 10 days for my coinbase transaction to go through.

I've never thought NVC was anything other than pure whale feces, however I have noticed that it seems to like catching up to LTC after some delay. Going by this I decided to take a punt and buy a few for $24 each, reasoning that it might again try to catch LTC ($40).

After that, I'll flush them.
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November 29, 2013, 07:39:06 AM
 #1497

Wow looks like btc finally went pasted the 1000 dollar mark I think it could go high too if exchangers didn't add so many fees
MoneyGod
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November 29, 2013, 09:44:36 AM
 #1498

Wow looks like btc finally went pasted the 1000 dollar mark I think it could go high too if exchangers didn't add so many fees

yes its possible but if exchangers do this then they lost many customers because always decisions like this not in favor of exchangers

duravello
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November 29, 2013, 10:01:31 AM
 #1499

Currently prices are changing

BTC ~1000$
LTC dropping bellow 40$
FTC is sky rocketing 3x in past 24h

something big is gonna happens


Your right, big correction is comming soon !
Hopefully it will be healthy long term
ReBoRn
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November 29, 2013, 10:07:42 AM
 #1500

Currently prices are changing

BTC ~1000$
LTC dropping bellow 40$
FTC is sky rocketing 3x in past 24h

something big is gonna happens


Your right, big correction is comming soon !
Hopefully it will be healthy long term
but I still hope full if some big correction is also coming but its must stable over 1000$ now just because of bitcoinchina its going more stable and solid

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