gerXhonza
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October 26, 2013, 11:57:52 AM |
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I believe once people are no longer buying ASIC and hold, the price would go up. I am thinking those corporate have been selling all the BTC they get..
You mean ASICminer ? They will continue sell BTC as soon as they mine it I guess
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oser41eric
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October 26, 2013, 12:01:47 PM |
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It will be above $500 next year.
What are you basing this on? The price won't rise without something that triggers it. The recent price rise was triggered by BTChina, what would trigger a $300 rise in a year? I believe the difficulty of mining Bitcoin will increase the price next year
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Endgame
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October 26, 2013, 12:30:29 PM |
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It will hit $300 within a year, in my opinion. Possibly much sooner than that.
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accyoda
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October 26, 2013, 12:34:11 PM |
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Hi Maybe 250, but 300?, I don't think so, maybe next year I am more concern that the price doesn't drop from 100 (which i also think won't happen)
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Inedible
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October 26, 2013, 12:46:25 PM |
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You can make Bitcoin hit almost any value.
You could give someone $1 for 0.00001 Bitcoin. That values Bitcoin at $100K/Bitcoin!
Woot! Bitcoin just hit $100K!!!
(It's a bit like how laser powers are quoted.)
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lucaspm98
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October 26, 2013, 12:57:05 PM |
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I think it will hit $300 sometime next year, but its hard to make predictions that far in the future with such a volatile market.
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rampalija
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October 26, 2013, 01:24:18 PM |
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Ofcourse it will!
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inform
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October 26, 2013, 01:44:46 PM |
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I think yes, people trust btc now, and are not panic selling like before.
Yeah i lost all my bitcoins but i hope some guys be rich this posible be 1 coin 300$ this just 35% or 40% up price this real i think 100% you absolutley right!
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Hoffman
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October 26, 2013, 02:11:47 PM |
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It will hit $300 by end of year and will stabilize to $400-500 next year.
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JessicaSe
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October 26, 2013, 02:19:31 PM |
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It will be above $500 next year.
What are you basing this on? The price won't rise without something that triggers it. The recent price rise was triggered by BTChina, what would trigger a $300 rise in a year? I believe the difficulty of mining Bitcoin will increase the price next year Do difficulty increase the bitcoin price? I dont think so.
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oser41eric
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October 26, 2013, 02:49:07 PM |
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I believe the difficulty of mining Bitcoin will increase the price next year
Do difficulty increase the bitcoin price? I dont think so. The reason it might is because ASIC miners cannot be used for different task and hard to imagine people will turn these off. So these might mine at a loss if owners sell BTC immediatelly, so they might hold mined BTC instead
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pokeraces
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October 26, 2013, 05:47:34 PM |
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Of course it will hit even 500 on next 1-2 year
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ekiro
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October 26, 2013, 05:58:56 PM |
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I believe it will... eventually.
We need another October to happen for that type of growth. Otherwise it'll be gradual.
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amadeo
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October 26, 2013, 07:23:45 PM |
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$300 is a realistic price in the long term, maybe only within one, but of course that is just my opinion. The reason I think this it is because of the law of offer and demand, if more people get interested in bitcoin it will be more demanded and more people will be willing to pay a higher price. Of course that the first time we see bitcoin reach that price the volatility might be higher. What I wonder is instead, will bitcoin ever be in an stable price, at $300 or at any other?
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ajaxmoor
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October 26, 2013, 07:30:44 PM Last edit: February 06, 2015, 04:33:20 AM by ajaxmoor |
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it looks like going after 300 now . Should be over 500 by end of month hopefull. Really nice rally the past week.
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Rick Storm
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October 26, 2013, 07:36:38 PM |
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Bitcoin will only go up in my opinion. Maybe stable above $300 in February 2014 when the next generation of mining hardware have been adopted.
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ON
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October 26, 2013, 09:00:19 PM |
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Do you think BTC will hit $300? Yup
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s.roulette
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October 26, 2013, 09:02:37 PM |
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im exited to check this topic in one year again
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Vancityguy
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October 26, 2013, 09:04:06 PM |
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300 is a long way off. I see it getting there but there needs to be far more adoption by local business's for this thing to gain more traction. It's wonderful that a lot of e-services are starting to accept it but we need far more real world adoption for it to really grow. It's an amazingly fun thing to be a part of however, hopefully we get there!
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BitchicksHusband
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October 27, 2013, 03:53:34 AM |
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It will be above $500 next year.
What are you basing this on? The price won't rise without something that triggers it. The recent price rise was triggered by BTChina, what would trigger a $300 rise in a year? We're basing it on having an order of magnitude growth every 10 months so far. And with the Second Market fund bringing in a lot of wealthy old-money people and with the Winklevoss twins' new ETF bringing in everyone's 401ks and IRAs, there's no reason to believe it won't continue at that rate until proven otherwise. Oh, and I think we'll see 300 in March 2014.
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