ANiceJewishBoy (OP)
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November 09, 2013, 07:41:11 PM |
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I really don't think it will take that long. It went up $100 in 2 days. Even if it falls $100, it will stabilize higher and tons of people will reap benefits from the fall. Then we will see an even MORE widespread attention paid to coins, which will make the price go even higher.
And each rise is going to get bigger and bigger.
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naphto
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November 09, 2013, 07:43:56 PM |
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I am really surprised with the price o_O Never thought it would go so high so quickly.
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naphto
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November 09, 2013, 07:49:01 PM |
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2014
If btc becomes worldwidely used. And if the price becomes higher than 500 usd by the end of the year.
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Altoidnerd
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November 09, 2013, 07:52:04 PM |
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Yes in the end, but I guess im not as certain as most people it wont take a nice dive first. Anything can happen we just have to sit back and watch.
I think people are just noticing that people are coing to the coin, which means there are entirely new economies and organizational structures being attached to Bitcoin, so the price will go up. But they don't see that it still does work kinda like a real market in that it is based on supply and demand. I covered that here http://altoidnerd.wordpress.com/2013/11/07/the-bitcoin-price-model-large-time-scale-calculations-of-the-bitcoin-price/The demand is an exponential in time at the moment. The supply is spooky and greatly affects the market in the short term.
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fufo
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November 09, 2013, 09:55:02 PM |
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I think in 2014, is a good, answer. But BTC, I think until reache 1000 it will have lots of bubles in the middle
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moneyisthereason
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November 09, 2013, 09:58:24 PM |
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my estimate at this going rate right now BTC will hit the 1000$ not later than December plus i doubt that this bubble will bust
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Kenshin
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November 09, 2013, 10:12:51 PM |
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I also think btc will reach $1000 in 2014.
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n00ber
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November 09, 2013, 10:19:04 PM |
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It will reach $1000 in late months of 2014.
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torrentheaven
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November 09, 2013, 10:23:39 PM |
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2014
If btc becomes worldwidely used. And if the price becomes higher than 500 usd by the end of the year. If BTC becomes worldwidely used (like PayPal) we will be talking about 5 digit numbers in my opinion
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KGBSlim
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CoinSlingin
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November 09, 2013, 10:50:01 PM |
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I see more hope than knowledge in the predictions of 1000USD a piece. Not saying it wont happen but, you cant base an entire forecast on a trend a few weeks in the running. There will be a huge selloff, who in their right mind wouldnt sell at 500-600USD when they were bought at under 300USD even?? And remember the more people holding coins and not doing transactions make value go down, Bitcoin was created to avoid what we are seeing. Spend them damn coins people if you want prices to climb.
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Tips - 16AbA3b2GRR37t6RasVJmoxXTGuGUE1PAP
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Valerian77
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November 09, 2013, 10:57:23 PM |
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who in their right mind wouldnt sell at 500-600USD when they were bought at under 300USD even??
Many because all of them expect more. the more people holding coins and not doing transactions make value go down,
wrong - the more coins are off the market the more the price goes up Spend them damn coins people if you want prices to climb.
true and false - basically it is very true that the market must adopt Bitcoin to be successful. But wrong because for the deflation phase it will be enough for Bitcoin to gain investors.
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600watt
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November 09, 2013, 11:03:57 PM |
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interesting vid. thanks for sharing!
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wearepoor
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November 09, 2013, 11:15:55 PM |
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I dont believe this bubble will reach $1000, but next one (hopefully) in 2014 might.
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marcotheminer
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┴puoʎǝq ʞool┴
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November 09, 2013, 11:31:11 PM |
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The way the price is skyrocketing, the market is bound to face a crash!
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tripppn
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November 09, 2013, 11:33:03 PM |
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I think this bubble will get us close to the $500 range then settle in the 250-300ish and sit for a bit before going up again and then we might see $1000 at it's top before it pops again. It'll be a while before we get a solid stable $1000+ Bitcoin.
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“You can't be a real country unless you have a beer and an airline - it helps if you have some kind of football team, or some nuclear weapons, but in the very least you need a beer.” ― Frank Zappa
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mearylll
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November 10, 2013, 12:08:11 AM |
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The way the price is skyrocketing, the market is bound to face a crash!
I would say correction. I feel the correction is almost comming. No $1000 this year I believe
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av4t4r68
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November 10, 2013, 12:11:12 AM |
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Before xmas 2014!
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