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Author Topic: Do you think BTC will hit $200?  (Read 22082 times)
Valerian77
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October 08, 2013, 06:34:23 PM
 #421

Much hanging on the situation in the US right now and how that impacts the $. Remember that BTC is always marked on $ so if we see exchange rates move on the $, we will also see value change in BTC. If I can suddenly start getting 2$ for my GBP my BTC is also worth less.

complete nonsense - if the USD goes down in a rush BTC will skyrocket like anything, because it is not bound to any other asset or currency. but in difference to USD nobody can print BTC
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October 08, 2013, 07:02:23 PM
 #422

Price will rise for sure in the future. There is no way people now will start to use Bitcoins less, it's spreading.
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October 08, 2013, 07:25:19 PM
 #423

I do not see bitcoin hitting the $200 mark any time soon. If I had to guess I would say 1-1.5 years.

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October 11, 2013, 12:30:03 PM
 #424

I do not see bitcoin hitting the $200 mark any time soon. If I had to guess I would say 1-1.5 years.

1-2 years pass quickly mate...

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October 12, 2013, 02:58:53 AM
 #425

6 months to reach, assuming no more government closing down bitcoin market.

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October 12, 2013, 08:35:33 AM
 #426

Within 2 months we will see +$200 for coins

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October 12, 2013, 08:46:26 AM
 #427

No one know when (if), but Im confident not this year, because the money is put in minners now and not BTC directly
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October 12, 2013, 06:10:24 PM
 #428

It will hit $200 soon because the BTC difficulty is -- and has been -- rising exponentially. Whenever something becomes more scarce (or more difficult to obtain), it becomes more valuable. Economics 101.

To be a profitable miner now, you need to have scores of GHz, and most people don't have that.

 

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October 12, 2013, 08:03:53 PM
 #429

It will hit 200 when the new asics come and let the diff go up and the rewards will half again.....
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October 12, 2013, 08:07:49 PM
 #430

It will hit 200 when the new asics come and let the diff go up and the rewards will half again.....

I think so too

 
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October 12, 2013, 08:08:17 PM
 #431

It will hit 200 when the new asics come and let the diff go up and the rewards will half again.....

Block reward halving will happen in about 3 years. I Believe before it happens, 200 will not only hit, but 200 will be stable
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October 13, 2013, 01:26:50 PM
 #432

The next step for bitcoin will be foreign workers using it to remit money back home.  Since most of these workers are agricultural, we can expect to see a few early adopters in the spring when these people really get working, and systems start coming online that enables them to do it easily.

Thus, I say a stable $175 by the end of Spring, and a stable $200 by late 2014
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October 13, 2013, 10:49:53 PM
 #433

With the Chinese boom just starting, and "Plunder Woman" to take over the Fraudulent Reserve, my expectation of $400 by about the middle of next year looks fairly conservative now. I think it may reach at least $600 within about a year.

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October 13, 2013, 10:51:34 PM
 #434

It sure will.

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October 13, 2013, 10:54:02 PM
 #435

With the Chinese boom just starting, and "Plunder Woman" to take over the Fraudulent Reserve, my expectation of $400 by about the middle of next year looks fairly conservative now. I think it may reach at least $600 within about a year.

Definitively it seems reasonable if you plot these expected future values with existing history values.

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October 13, 2013, 10:55:02 PM
 #436

It's hit 200 before. What's stopping it again?

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October 13, 2013, 11:20:33 PM
 #437

It's hit 200 before. What's stopping it again?

200 is psychological barrier. 1xx = Im buying. 2xx = its too expensive. It is how our brain works. 1000 is another huge psychological barrier, hard to overcome
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October 13, 2013, 11:49:59 PM
 #438

It's hit 200 before. What's stopping it again?

200 is psychological barrier. 1xx = Im buying. 2xx = its too expensive. It is how our brain works. 1000 is another huge psychological barrier, hard to overcome

It's going to. It has exceeding 220. Its not going to be this year I don't think.

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October 14, 2013, 12:25:31 AM
 #439

The next step for bitcoin will be foreign workers using it to remit money back home.  Since most of these workers are agricultural, we can expect to see a few early adopters in the spring when these people really get working, and systems start coming online that enables them to do it easily.

Thus, I say a stable $175 by the end of Spring, and a stable $200 by late 2014

I like your numbers, but I think we may see those a little sooner. I say $175 by February 2014 and $200+ by the summer!

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cowandtea
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October 14, 2013, 01:32:00 AM
 #440

Almost, its about to hit $200, 3 years is max...

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