dfox101 (OP)
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September 30, 2013, 04:59:22 PM |
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Despite the intensive mining on it, if there's no serious adoption by government or banks, etc, I see it will go no where. In a year it will probably stay at $100 per BTC.
I don't think any government will adopt it though, because of its decentralized nature.
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Gimmelfarb
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September 30, 2013, 05:46:49 PM |
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Despite the intensive mining on it, if there's no serious adoption by government or banks, etc, I see it will go no where. In a year it will probably stay at $100 per BTC.
I don't think any government will adopt it though, because of its decentralized nature.
it won't be adopted by government. but i think we will see increased adoption in the mobile/web payments industry, which is growing very fast. i hope bitcoin can keep up, though, because there is lots of vc money pouring into new mobile payments ventures.
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Bitconorama
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Just trust me.
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September 30, 2013, 06:40:45 PM |
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Despite the intensive mining on it, if there's no serious adoption by government or banks, etc, I see it will go no where. In a year it will probably stay at $100 per BTC. I don't think any government will adopt it though, because of its decentralized nature.
it won't be adopted by government. but i think we will see increased adoption in the mobile/web payments industry, which is growing very fast. i hope bitcoin can keep up, though, because there is lots of vc money pouring into new mobile payments ventures. Bitcoin doesn't necessarily need the adoption of government or banks to be effective and rise in value - in fact, it can do very well despite their involvement altogether as we've witnessed. The tremendous potential growth depends upon merchants accepting it directly as currency, which in turn, will be determinate upon the guidelines and legislation that governments establish. There is far too much gray area surrounding BTC for large, well established merchants (ie, WalMart, Amazon, etc) to simply begin accepting it. Bitcoin is really built for the web, and as such that is where we'll see the largest short-term growth. However, as Gimmelfarb mentions, the synergistic relationship between mobile and BTC is arguably even greater than a simple web payment method. Thanks to mobile, you will be able to spend Bitcoin as easily at a restaurant or gas station, as you would clicking a few buttons on a website. If you consider the driving force in innovation to be making the things we already do faster and more convenient, then just wait and see what BTC will do to a world that doesn't even know what it has yet. One thing I'm certain of; BTC won't be $100 in a year, it will either be nothing or worth much, much more.
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rabsie
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September 30, 2013, 06:53:41 PM |
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I think we will see 200+ at some point in the next 12 months. There is to much venture capital and investment possibilities for it not to. Gambling sites are also going to get bigger.
If local bitcoins can also reach a critical mass where most towns have a good supply of easily obtainable coins, that will be big.
Drop by the speculation forum for some bullish rhetoric.
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streazight
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September 30, 2013, 06:55:59 PM |
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i love bitcoin !
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JamesMorton
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September 30, 2013, 11:10:27 PM |
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I think we will see 200+ at some point in the next 12 months. There is to much venture capital and investment possibilities for it not to. Gambling sites are also going to get bigger.
If local bitcoins can also reach a critical mass where most towns have a good supply of easily obtainable coins, that will be big.
Drop by the speculation forum for some bullish rhetoric.
Exactly. Its like in 2012 again now, with price beeing too stable for all the good news.
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cowandtea
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October 01, 2013, 03:52:14 AM |
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1000$ due to the ever increasing difficulty and soon people will realize its cheaper to buy bitcoin.
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gingpark
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-All Investment Has its Risks and Rewards-
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October 01, 2013, 04:05:28 AM |
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I believe it should be at least $150 by the end of the year and based on terahash coming soon for 2014 , increase hashrate causing increase difficulty the value should jump to reasonable $300-$400. I'm thinking value should start reflecting based on supply especially since it is capped at 21 Million. No more inflation...so great.
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BTC: 1GuhJeyccy7Y39TCPLcBPxuYaXQotsWzfZ LTC: LhrLbraxjQHy1r7EU37wJhWsHvTMVmnZm9
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b!z
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October 02, 2013, 02:14:07 PM |
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IMO, $1000 by 2020. I hope that happens.
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huntsterunc
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October 02, 2013, 02:41:13 PM |
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I read a story yesterday about a guy that fiddled with bitcoin mining like 2-3 years ago and then slowly got out of it. He had almost forgotten about his earnings sitting over at Slush's pool. As it turns out, with the increase in BTC price, he was sitting on $35,000 in BTC and didnt even know it!!!
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briehost
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October 02, 2013, 02:44:40 PM |
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There is a lot of interest now from Venture Capital, Private Banking and Investment firms. SecondMarket has been purchasing several millions of dollars worth and will be listing it on their site. I can see Bitcoin price going through the roof. My estimate is $1000 by March of 2014.
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To brie or not to brie...
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wdu
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October 02, 2013, 09:57:40 PM |
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i think it will go higher!
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firstlast
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October 02, 2013, 10:02:31 PM |
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large price movement will happen on the next halving
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Welsh
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October 02, 2013, 10:55:23 PM |
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IMO, $1000 by 2020. I hope that happens. If that happens. We will all be very happy people.
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zubelutte
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October 02, 2013, 11:01:34 PM |
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i think it will go higher!
Maybe, but first small dip
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Welsh
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October 02, 2013, 11:06:32 PM |
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i think it will go higher!
Maybe, but first small dip It's going to hit a low point first I believe and maybe stay there for a week or so.
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terman45x
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October 02, 2013, 11:22:32 PM |
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It's going to hit a low point first I believe and maybe stay there for a week or so.
I agree, today SR closure is a big kick to Bitcoin
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cowandtea
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October 07, 2013, 08:11:30 AM |
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infinity due to the ever increasing difficulty. Probably will slow down at around $1000.
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b!z
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October 07, 2013, 10:44:54 AM |
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$150 by the end of the year?
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