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Author Topic: Bitcoin might rise $1000 unexpectedly soon  (Read 10651 times)
vokain
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November 03, 2013, 05:21:26 PM
 #61

what do you guys consider to be a whale nowadays?

Maybe >10 000 BTC?

>BTC1.000 IMHO.

My definition would be Vladimir club membership namely > 2100 BTC


so 2100 in the orderbooks, or 2100 in possession is a whale?
muyuu
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November 03, 2013, 07:09:26 PM
 #62

Maybe there is a chance that it could happen in a few years. Not this year, though.

early next year?

I think if we break the ATH, which could be this month (who knows), then anything is possible. I guess there are only 60 or so days left of this year... so yeah, $1,000 would be a Christmas miracle Cheesy




 Grin Cheesy

It's not even December yet, m8.

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haightst
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November 03, 2013, 07:26:27 PM
 #63

Maybe there is a chance that it could happen in a few years. Not this year, though.

early next year?

I think if we break the ATH, which could be this month (who knows), then anything is possible. I guess there are only 60 or so days left of this year... so yeah, $1,000 would be a Christmas miracle Cheesy

https://i.imgur.com/1Dkqa9m.png


 Grin Cheesy

It's not even December yet, m8.


TO THE MOON? LMAO  Grin
Birdy
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November 03, 2013, 07:32:11 PM
 #64

Quote
It's not even December yet, m8.
And it's not a bubble yet Wink
gaston909
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November 03, 2013, 09:26:58 PM
 #65

Nice pic!

Cheesy
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November 03, 2013, 09:44:46 PM
 #66

Nice pic!

Cheesy

thx  Cheesy

I think i will print it and give it as a christmas card to my bitcoin friends Wink
romerun
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November 04, 2013, 12:02:28 AM
 #67

how soon ? like in 2 weeks(tm) ?
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November 04, 2013, 01:57:58 PM
 #68

OK, but don't be the guy who chickens out and sells when the price crashes 80% on its way there, because that kind of rise will be gut-wrenchingly volatile.

Not more volatile than the run from 20 to 200.. even less..  20 to 200 we saw 10X increase, 200 to 1000 is just 5X increase..

Fasten your seatbelt !
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November 04, 2013, 04:05:17 PM
 #69

much easy to rise with low values, than bigger ones, you know....
jzcjca00
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November 04, 2013, 04:24:47 PM
 #70

much easy to rise with low values, than bigger ones, you know....

I think the bigger investors feel more comfortable investing in things with a higher price.  Penny stocks typically perform poorly compared to some of those that have grown fast and not split.  Berkshire Hathaway BRK.A, at $172,651 per share, springs to mind.

Big investors are the ones who will take Bitcoin to the moon.

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wachtwoord
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November 04, 2013, 04:51:37 PM
 #71

much easy to rise with low values, than bigger ones, you know....

I think the bigger investors feel more comfortable investing in things with a higher price.  Penny stocks typically perform poorly compared to some of those that have grown fast and not split.  Berkshire Hathaway BRK.A, at $172,651 per share, springs to mind.

Big investors are the ones who will take Bitcoin to the moon.

BRK.A and BRK.B shares trade in tandem and BRK.B shares aren't expensive individually so that doesn't show anything.

IMO BRK.A should trade at a premium btw as BRK.B shares lack voting rights.
vokain
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November 04, 2013, 05:03:43 PM
 #72

much easy to rise with low values, than bigger ones, you know....

I think the bigger investors feel more comfortable investing in things with a higher price.  Penny stocks typically perform poorly compared to some of those that have grown fast and not split.  Berkshire Hathaway BRK.A, at $172,651 per share, springs to mind.

Big investors are the ones who will take Bitcoin to the moon.

BRK.A and BRK.B shares trade in tandem and BRK.B shares aren't expensive individually so that doesn't show anything.

IMO BRK.A should trade at a premium btw as BRK.B shares lack voting rights.

at the same time though, one or two shares of BRK.A don't really mean you have voting power.
wachtwoord
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November 04, 2013, 08:15:09 PM
 #73

at the same time though, one or two shares of BRK.A don't really mean you have voting power.

A right to do something which is both valuable and transferable has value. So, there should be a premium. Someday someone is going to want to acquire voting rights is BRK.


How well did those funny shares perform last year ? (I mean : more or less than 1000% ?)

http://finance.yahoo.com/echarts?s=BRK-A+Interactive#symbol=brk-a;range=1y;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
phlogistonq
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November 04, 2013, 08:48:27 PM
 #74

I think if we break the ATH, which could be this month (who knows), then anything is possible. I guess there are only 60 or so days left of this year... so yeah, $1,000 would be a Christmas miracle Cheesy

Dude, it is only the 4th of this month and we may well break ATH this very evening.
During the last stages of the april 'bubble' we were doubling in price every few days.

I think you are underestimating what is about to happen.
wobber
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November 04, 2013, 08:59:11 PM
 #75

I think if we break the ATH, which could be this month (who knows), then anything is possible. I guess there are only 60 or so days left of this year... so yeah, $1,000 would be a Christmas miracle Cheesy

Dude, it is only the 4th of this month and we may well break ATH this very evening.
During the last stages of the april 'bubble' we were doubling in price every few days.

I think you are underestimating what is about to happen.

What is about to happen? Going to 350 and back, that's all.

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jzcjca00
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November 05, 2013, 12:35:39 AM
 #76

I think if we break the ATH, which could be this month (who knows), then anything is possible. I guess there are only 60 or so days left of this year... so yeah, $1,000 would be a Christmas miracle Cheesy

Dude, it is only the 4th of this month and we may well break ATH this very evening.
During the last stages of the april 'bubble' we were doubling in price every few days.

I think you are underestimating what is about to happen.

What is about to happen? Going to 350 and back, that's all.

It depends on whether hedge funds start taking "small" positions, whether we get some mechanism like the Winklevoss EFT which would allow individuals to invest money in their retirement accounts, and whether the China explosion is actual buying interest or just day trading gone wild.  These are things that could add rocket fuel to the fire.

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haightst
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November 07, 2013, 02:22:10 AM
 #77

Maybe there is a chance that it could happen in a few years. Not this year, though.

early next year?

I think if we break the ATH, which could be this month (who knows), then anything is possible. I guess there are only 60 or so days left of this year... so yeah, $1,000 would be a Christmas miracle Cheesy

https://i.imgur.com/1Dkqa9m.png


 Grin Cheesy

It's not even December yet, m8.

$BTC BOOMING NOW!!!! Cool
Tirapon
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December 03, 2013, 03:04:17 PM
 #78

This doesn't seem to have been bumped yet...

Good prediction OP.
wachtwoord
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December 03, 2013, 03:50:26 PM
 #79

Just out of curiosity. Vladimir, how much do you think that price will be in 2020?

For several reasons I doubt you are able to messure BTC in USD in 2020, so I think you need to redefine your question. Cheesy

What I meant was in todays purchasing power of dollars.

This. Can someone put this in some sticky? When dealing with monopoly money (fiat) we always mean in today's purchasing power and not tomorrows inflated variant. You'd think this'd be natural for people that are into Bitcoin ....
aminorex
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December 03, 2013, 04:37:43 PM
 #80

much easy to rise with low values, than bigger ones, you know....

I think the bigger investors feel more comfortable investing in things with a higher price.  Penny stocks typically perform poorly compared to some of those that have grown fast and not split.  Berkshire Hathaway BRK.A, at $172,651 per share, springs to mind.

Big investors are the ones who will take Bitcoin to the moon.

BRK.A and BRK.B shares trade in tandem and BRK.B shares aren't expensive individually so that doesn't show anything.

IMO BRK.A should trade at a premium btw as BRK.B shares lack voting rights.

Until 2011 BRK.B was 3000 per share and did well.  BRK.B split 50:1 due to technicals of an acquisition, not because the stock was undervalued.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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