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Question: When will 1 BTC = $1,000
2013 - 110 (27.2%)
2014 - 216 (53.5%)
2015 - 50 (12.4%)
2016 - 9 (2.2%)
2017 - 3 (0.7%)
2018 - 3 (0.7%)
2019 - 0 (0%)
2020 - 2 (0.5%)
2021 onwards - 1 (0.2%)
Never - 10 (2.5%)
Total Voters: 404

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Author Topic: When will 1 BTC = $1,000 Prize Competition.  (Read 16141 times)
Hannah
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October 28, 2013, 08:45:41 PM
 #21

2014 04 28 to 2014 05 31 inclusive - Hannah

https://blockchain.info/tx/fd8c8594a18005c95bdddfaf36db2dc2cf1673563b7c426c66a2089dce1a2fe1

Edit: or the next 34 dates available.

1HannahHJJe2b7TGw9MLb5BSPCEUDsTG4p
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October 28, 2013, 08:53:10 PM
 #22

It looks like my block bet goes over 600watts bet on the 25th. Whoops, I'll let yo udecide what to do

Opps, let me check, brb...

ah yes so it does, I'll just roll you & any others forward by one day to account for that one already taken in the middle by watt600, brb...

wow, it's a mess atm, please give me 10 minutes to sort this all out before any more entries, ty

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October 28, 2013, 09:09:31 PM
 #23

I hope I got that right now, if not then I will just roll everyone affected forward a bit, please let me know if any of you see that it's still incorrect, many thanks.

If I messed up & you're chosen date/s are already taken then I'll allocate you the next one/s available, sorry for any confusion Embarrassed

OK, I think that it's now all sorted out correctly, I will refund anyone who is unhappy with their changes & buy their dates for myself, please let me know ASAP if so, many thanks.

See post #2 for correct dates taken, all others are currently available, but best to check the blockchain address first too for any that may be incoming.

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October 28, 2013, 10:06:16 PM
 #24

2014 04 28 to 2014 05 31 inclusive - Hannah

https://blockchain.info/tx/fd8c8594a18005c95bdddfaf36db2dc2cf1673563b7c426c66a2089dce1a2fe1

Edit: or the next 34 dates available.


Your latest dates are:

2014 04 29 to
2014 06 01 inclusive - Hannah (34 days)

Prize = 3.57 btc atm Shocked with 157 days taken so far, all in 2014.

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October 29, 2013, 11:42:33 AM
 #25

It seems that all is well with the date allocations, after getting some advice I have now removed the cut off date for entries & changed it to a BTC price one, but this remains flexible & it will be up to those who participate to decide how long they wish it to be open for further entries, in any case good notice will be given.

OP changed to:

Please express dates as YYYY MM DD or as 29th Feb 2017 say, entries will be closed on the 1st May 2014 when the Bitcoin price hits $500 (but this may be extended by popular demand up to say $750-ish if the majority of those playing wish). Closest guess wins obviously, dates are by GMT/UTC time.

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October 29, 2013, 06:45:58 PM
 #26

It seems that all is well with the date allocations, after getting some advice I have now removed the cut off date for entries & changed it to a BTC price one, but this remains flexible & it will be up to those who participate to decide how long they wish it to be open for further entries, in any case good notice will be given.

OP changed to:

Please express dates as YYYY MM DD or as 29th Feb 2017 say, entries will be closed on the 1st May 2014 when the Bitcoin price hits $500 (but this may be extended by popular demand up to say $750-ish if the majority of those playing wish). Closest guess wins obviously, dates are by GMT/UTC time.
Whatever you do, the sooner it's set in stone the better. I'd pick $750 myself.

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Otoh
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October 29, 2013, 06:53:21 PM
 #27

Thanks for the input, I'll go with whatever most participants recommend, yep $750 is still plenty far enough away from $1000 to be an OK cut off point, I don't see that it needs to be set in stone as early as possible as people can continue to choose further dates as it goes along & all money in the pot goes to the eventual winner, maybe I've missed why it would be better to decide on this early - if so please let me know anyone who prefers that.

I guess it would matter if the price went from $200-ish to $400 plus really fast, then sure it would be best to decide on the cut off level, I think we still have a while though, ie no dates from 2013 picked so far..

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October 29, 2013, 07:04:42 PM
 #28

I think we need to decide now, whether it is $500 or $750. Rules must be clear.

My proposal is $750.

(Bitcoin's average growth rate is 0.65% per day and using this average, it takes 44 days from $750 to $1000.)
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October 29, 2013, 07:25:40 PM
 #29

I think we need to decide now, whether it is $500 or $750. Rules must be clear.

My proposal is $750.

(Bitcoin's average growth rate is 0.65% per day and using this average, it takes 44 days from $750 to $1000.)

I'm cool with $750, 1 vote so far from participants for that, 2 if you count me - I'm going to play but am letting others choose any of the more likely dates first.

Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized and responsive. I've dozens of nodes with them.    
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October 29, 2013, 07:46:08 PM
 #30

$1000 will be after next reward for block halving IMHO.
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October 29, 2013, 08:11:38 PM
 #31

$1000 will be after next reward for block halving IMHO.

no, by then it will be on its way to $10 000...
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October 29, 2013, 08:12:39 PM
 #32

$1000 will be after next reward for block halving IMHO.

So 2017 then, that's when I predict mass adoption in the US, once some funds & trusts kick in over the next year or two I expect we'll see + $1000 np & an epic bubble/s.


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October 29, 2013, 08:16:23 PM
 #33

$1000 will be after next reward for block halving IMHO.

no, by then it will be on its way to $10 000...

*buys 1 btc for the 1 btc = $10,000 prize competition & another for the party afterwards*

Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized and responsive. I've dozens of nodes with them.    
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November 04, 2013, 10:22:14 AM
 #34

Bump for this, still the whole second half of 2014 up for grabs, see post #2 for available dates & OP for instructions.

I see that BTC China has now overtaken Mt. Gox for highest volume.


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November 04, 2013, 01:06:12 PM
 #35

Everyone seems to be so optimistic about Bitcoin, another 100 years until it hit that much Smiley
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November 04, 2013, 01:11:20 PM
 #36

Everyone seems to be so optimistic about Bitcoin, another 100 years until it hit that much Smiley

you are talking about 100 "bitcoin-years" ?

translates into: 120 regular days.

approved  Wink
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November 04, 2013, 04:06:45 PM
 #37

2014, but probably later
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November 04, 2013, 04:57:05 PM
 #38


http://blockchain.info/tx-index/5a0d5291b43bd817763b548dbc0474e7c3f8141147df03e506fe993871cc1919

1st to 31st July 2014

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November 04, 2013, 05:19:14 PM
 #39


(Bitcoin's average growth rate is 0.65% per day [...])

So it will take about a full year to reach a factor 10 in price.
If that is true, sell your house, your car and your wife and go all in  Cool

                                 
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November 04, 2013, 05:56:10 PM
 #40


Thanks sgbett, adding you now, good luck!

Just spotted that there was an entry from Equus on 2013 10 29, so I'll do that first & add any days that he may have got in July to the next available dates after the 31st July for you sgbert, hope that's OK, I haven't looked to see if he did choose any yet, will edit.

Cool seems he didn't pick any in July 2013 so all is good, adding you both to post #2 now.

https://blockchain.info/address/1ThousandAF3VeVnQtteX6htvjZoREs35

Node40.com is a leader in DASH hosting, dedicated exclusively to fully managed masternode hosting. Professional, organized and responsive. I've dozens of nodes with them.    
BTC = $c²     BTC = 1otohotohMoQoxHuxLBveQiZcV3Pji3Tc     DASH, Digital Cash = www.dash.org   
CHARITY | MY REP
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