When will Bitcoin hit $500?

[matt608]

hmmm this is a tough one.  I have quite high confidence we will reach $400 during this bubble, 2-4 weeks is my guess for $400.  $500 however I'm not sure if we will reach it this time, bitcoin might crash before then.  But I'll be bold and say this bubble will self-sustain until next year and then buttercoin will launch and shoot us up to $500 in January.  Or we could crash back to $100-$200 in a few weeks.

[bitboyben]

Another graph with lines!

Not likely but Bitcoin never ceases to amaze.

Maybe this time we can skip the spike and stabilize at $300 and growing.
Unless we need more publicity.

[ThatDGuy]

Maybe this time we can skip the spike and stabilize at $300 and growing.
Unless we need more publicity.

I don't think we have a choice.  If growth continues at anything close to this rate, Bitcoin is going to get a lot more attention, money, and violent spikes.

[phlogistonq]

The later the better. At the current rate, I'd say we'd hit it within two weeks. I would rather slow down a bit and keep going up for longer. Ofcourse, we'll crash again to the normal exponential growth, but that's fine. I didn't hurt me a bit last time 

[bitrider]

I think $500 by January is pretty reasonable. I'm interested to see if the big money players now in the market actually serve a stabilizing effect and lessen the explosive boom bust cycles and just keep the bull going relatively steady. That's my guess, as they have a lot of incentive to do that and keep the fear level low. And we are still at a stage where it does not take very much $ to move the market - at least smooth the market.

Does not really matter in the big picture, but would just nicely speed the adoption process along.

[barbs]

I think $500 by January is pretty reasonable. I'm interested to see if the big money players now in the market actually serve a stabilizing effect and lessen the explosive boom bust cycles and just keep the bull going relatively steady. That's my guess, as they have a lot of incentive to do that and keep the fear level low. And we are still at a stage where it does not take very much $ to move the market - at least smooth the market.

Does not really matter in the big picture, but would just nicely speed the adoption process along.

Agreed. Incentive is to keep fear low, no reason for being greedy right? Unfortunately we humans prove ourselves every time. So we'll see what the future holds, for now we're optimistic

[600watt]

on november 17th


 

[cctvtech]

soon.

Soon^tm

[SOSLOVE868]

Another graph with lines!

Oh, dude ,why don't you make the line with more shape slope ,so we can touch the sky like 1000USD in tomorrow....

[DAN444]

With all the panicking American Swiss bank account holders, it will

[SOSLOVE868]

With all the panicking American Swiss bank account holders, it will

U got the point!!!!!!

[antimattercrusader]

With all the panicking American Swiss bank account holders, it will

Oh what juicy tidbit of news did I miss?

[DAN444]

With all the panicking American Swiss bank account holders, it will

Oh what juicy tidbit of news did I miss?

The Swiss bank voluntary disclosure program is just another way of disclosing information on American taxpayers

50 percent maximum penalty for banks that come forward by Dec. 31....
http://www.bloomberg.com/news/2013-09-08/secret-swiss-accounts-said-no-longer-safe-for-tax-dodging.html

[Inedible]

I think this one will hit around the $400 mark and then burst. It'll be the next bubble before it hits $500.

[silversurfer]

If we get through 2000CNY (~330USD) then we have a shot.  But I think 2000CNY is the next hurdle.

[antimattercrusader]

With all the panicking American Swiss bank account holders, it will

Oh what juicy tidbit of news did I miss?

The Swiss bank voluntary disclosure program is just another way of disclosing information on American taxpayers

50 percent maximum penalty for banks that come forward by Dec. 31....
http://www.bloomberg.com/news/2013-09-08/secret-swiss-accounts-said-no-longer-safe-for-tax-dodging.html

"Another 38,000 Americans moved $5.5 billion to the U.S. and avoided prosecution by saying who helped them offshore."

#1: Stinkin RATs.
#2: What the hell did the people offshore helping do wrong? Is it locally illegal for someone in another country to help a US Citizen avoid taxes? That's on the US citizen I'd think but who knows thesedays.
#3: *Sigh*

[assortmentofsorts]

I agree with 14 days. I have something cooking which will boost the value to 500$ minimum. You guys just have to wait for few more days for the announcement

[FNG]

Tomorrow

[RenegadeMind]

soon.

+1

Now, once more with feeling!

[LOADING.READY.RUN]

At current rate next week