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Author Topic: What will we see first? BTC=$300? or BTC=$500?  (Read 1342 times)
Bitarchist (OP)
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November 15, 2013, 07:30:33 PM
 #1

The price as of this posting is 428 USD on both BitStamp & Coinbase.

Will it rally and blow past 500?

Or will it stall and dip below 300?

Predictions?
DannyHamilton
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November 15, 2013, 07:43:39 PM
 #2

The price as of this posting is 428 USD on both BitStamp & Coinbase.

Will it rally and blow past 500?

Or will it stall and dip below 300?

Predictions?

You missed an option.

Isn't it also possible that it stays between $300 and $500 for near future?  Perhaps neither rallying nor dipping?
Bitarchist (OP)
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November 15, 2013, 07:54:25 PM
 #3

My question was aimed at finding out what people think will happen FIRST, it was a long term question, not which will happen immediately or in the next few days.

I agree it will hover where it is for a while, but when it moves, where will it go first?

curious to know what people think. =)
vn
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November 15, 2013, 07:57:39 PM
 #4

I'm guessing bitcoin >$500.  I have noticed that hardware prices (per GH/s) are going up but I can't imagine that's going to continue.  Sites like cex.io have the GH/s cost on a continual (nearly) downtrend, as it should be.
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November 15, 2013, 08:20:42 PM
 #5

Right now, looks like it'll be hitting $500 before it hits $300.
Too much demand right now for it to stop.

DannyHamilton
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November 15, 2013, 08:20:49 PM
 #6

My question was aimed at finding out what people think will happen FIRST, it was a long term question, not which will happen immediately or in the next few days.

I agree it will hover where it is for a while, but when it moves, where will it go first?

curious to know what people think. =)

I know what your question was.  My suggestion was that there is a possibility that it stays between $300 and $500 for the next few decades (or few centuries, or whatever you consider "long term").

It might exceed $500 and NEVER drop below $300 again.

It might collapse and be replaced by a new crypto-currency that is in some way better than bitcoin, NEVER to exceed $500.

It might waver back and forth between the two values crossing each more than once (in which case one of them would happen "first" as you've suggested).

However, you are creating a bias in your selection sample by excluding the possibility that it doesn't cross either threshold within the timeframe you have in mind.
cschoeny
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November 15, 2013, 09:32:44 PM
 #7

It's looking very likely that it will hit $500 sometime in the next week.  After that, if BTC gets down below $300 it it probably for some actual reason --such as government regulation-- and not just random market fluctuations. 

Of course this is just my prediction and isn't really based off anything.
irpirate
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November 15, 2013, 09:34:37 PM
 #8

I'll go with the BTC=500$
Lizard
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November 15, 2013, 09:40:36 PM
 #9

Price will drop to below USD400 this weekend and then increase to around USD500 by the end of next week. That's my guess.
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November 15, 2013, 09:51:27 PM
 #10

I think that it will go to 500$. Since yesterday the amount of bitcoins on the sell side till 500$ has halved from ~6k to ~3k.

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Sindelar1938
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November 15, 2013, 10:03:23 PM
 #11

500s first then will likely correct to the low 300s....

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November 15, 2013, 10:38:51 PM
 #12

500s first then will likely correct to the low 300s....
That's a bit too low.

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November 15, 2013, 10:46:49 PM
 #13

500 for sure.
Lauda
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November 15, 2013, 10:48:24 PM
 #14

It's right in the middle.

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exstasie
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November 15, 2013, 11:26:14 PM
 #15

If it stays at $400 right now I'd be happy!

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November 16, 2013, 12:01:10 AM
 #16

If it stays at $400 right now I'd be happy!
It's possible, the buy side is strong.

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November 16, 2013, 12:31:46 AM
 #17

I feel like there's a big drop coming....

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Lauda
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November 16, 2013, 12:52:55 AM
 #18

I feel like there's a big drop coming....
This is not a bubble, so no.

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siikfo
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November 16, 2013, 01:12:41 AM
 #19

It has been really stable around $425 for the last 2 days. I'm guessing it'll go to $500.

thats what i would say to.. the fact that it is still holding stroung at around the $400 mark is a pretty good sign i would say

BitcoinAddicts
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November 16, 2013, 01:28:32 AM
 #20

I believe it would hit $500 first, but correctly is likely before hitting $1000...

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