Do you think BTC will hit $200?

[rrvk]

i think it will hitt 200
in about a half year

[1714153596]

1714153596

[artbct]

Yes. I just hope that I can get better at buying & selling btc before then so that I can have a little more fun speculating. That's one of the reasons why I'm here.

[kolesozw]

Yes. I just hope that I can get better at buying & selling btc before then so that I can have a little more fun speculating. That's one of the reasons why I'm here.

Dont worry Im sucker in this area as well. Thats why I dont daytrade 

[coldbutter]

No

[artbct]

Yes. I just hope that I can get better at buying & selling btc before then so that I can have a little more fun speculating. That's one of the reasons why I'm here.

Dont worry Im sucker in this area as well. Thats why I dont daytrade 

Daytrading is so time-consuming too (I've only done enough of it to know that I didn't want to spend my time that way). At least if I could do it with btc there would be enough passion in it for a while that I wouldn't mind giving up my day to it --at least for a while

[marvolous]

Bitcoin will exceed $200.  The American and foreign governments should embrace this type of currency, however they will not because it will be difficult to tax. 

[sitya]

I think that price will rise after the difficulty increases substantially soon. As bitcoins get harder to mine, it will be harder to gain them, hence the price is pushed up (Supply and Demand.) Specifically, I think it will jump right after the difficulty causes each block to be worth 25 bitcoins vs 50. Then we will see some bigger numbers. But by 2014 dec it could be.

[sidewalk_swaree]

i think it will hit 200 within 6 months. i pay attention to the monthly and weekly avg.

[mjc]

If I buy some then no it will not, it I sell everything I have then it is morel likely to.

[mjc]

I think that price will rise after the difficulty increases substantially soon. As bitcoins get harder to mine, it will be harder to gain them, hence the price is pushed up (Supply and Demand.) Specifically, I think it will jump right after the difficulty causes each block to be worth 25 bitcoins vs 50. Then we will see some bigger numbers. But by 2014 dec it could be.

Keep in mind there are always 3,600 BTC available every day no matter what the difficulty is.  It just means that the BTC/GH ration is diluted and it is more difficult for everyone who has not increased their mining rate.  That said there is always 3,600 BTC per day entering the market. 

The opposite of what you say is true actually.  Right now with the big increases that could be even more, because once the difficulty is set, if the network hash rate continues to increase, rather than 1 new block (25 BTC) every 10 minutes (6 per hour), we might see 7 or 8 per hour.  So there might be closer to 4K or 5K BTC added per day.

[Tsukene]

i think it will hit 200 within 6 months. i pay attention to the monthly and weekly avg.

LOL

[flagel8]

If I buy some then no it will not, it I sell everything I have then it is morel likely to.

Can I pay you to come to Vancouver and carry an umbrella?

[zubelutte]

I think that price will rise after the difficulty increases substantially soon. As bitcoins get harder to mine, it will be harder to gain them, hence the price is pushed up (Supply and Demand.) Specifically, I think it will jump right after the difficulty causes each block to be worth 25 bitcoins vs 50. Then we will see some bigger numbers. But by 2014 dec it could be.

Keep in mind there are always 3,600 BTC available every day no matter what the difficulty is.  It just means that the BTC/GH ration is diluted and it is more difficult for everyone who has not increased their mining rate.  That said there is always 3,600 BTC per day entering the market. 

The opposite of what you say is true actually.  Right now with the big increases that could be even more, because once the difficulty is set, if the network hash rate continues to increase, rather than 1 new block (25 BTC) every 10 minutes (6 per hour), we might see 7 or 8 per hour.  So there might be closer to 4K or 5K BTC added per day.

The difficulty must stabilize at the end of next year I believe, so sitya comment seems very likely to me

[Ecrypton]

Yes. It will certainly fetch 200
My guess is that it will happen by the end of the year. There is a possibility that there will be another bubble soon but not as big as last time. When I say soon I mean in the next six months at least.

[btc4life]

I believe that it will in the next couple of months.    With all of the asics coming online there are a lot of people and companies putting faith into bitcoin.   My only fear is that it may be a bubble and will crash harder than the last one.

[zuerdemon]

I believe that it will in the next couple of months.    With all of the asics coming online there are a lot of people and companies putting faith into bitcoin.

I agree, a lot money is put to ASIC, which is good for bitcoin future

[tunctioncloud]

$200 does not seems impossible at all given enought time. Once it was over $200, so with big investments in ASIC network as of now it seems possibe

[Quixotic]

I think it's inevitable - although I'm bearish at present.

[Light]

Well although the value of Bitcoin doesn't seem to be rising proportional to the increased cost of mining bitcoins (due to more power and upfront cost of mining rigs), I do think we will see $200 by near the end of this year. However, I'm not sure whether this will simply be a bubble or whether it can hold steady at ~200.

[tunctioncloud]

Its very likely, but stable $200+ is another thing, much harder