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mike49
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November 21, 2013, 04:24:23 PM
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on what price do you expect BTC will stabilize after this roller coaster?

in april on mt. gox it was around half of max 266 usd. if that would be case now with max 900 usd, it should be around 450 usd.

what do you think? will it be higher or lower?
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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xchanga.com
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November 21, 2013, 04:30:21 PM
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it will go higher but might fall at the beginning of next year.

Bitcoins at rate 430 - 440 usd. www.xchanga.com Is d The Best Place to get Your Bitcoins. Try us & See the Difference.
Sindelar1938
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November 21, 2013, 04:36:53 PM
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600usd will be the new normal...

Wishful thinking rather than reason may underpin my belief..

MicroGuy
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November 21, 2013, 04:41:42 PM
 #4

on what price do you expect BTC will stabilize after this roller coaster?

in april on mt. gox it was around half of max 266 usd. if that would be case now with max 900 usd, it should be around 450 usd.

what do you think? will it be higher or lower?

Perhaps a good indicator is its one month moving average? It's pretty much a dice roll I think.

"The Internet unshackled information, Satoshi Nakamoto unshackled money. And money makes the world go round."
honky1492
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November 21, 2013, 04:49:28 PM
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I think with such hype, price of BTC will be not stable anytime soon, I expect rises following with corrections
Gator-hex
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November 21, 2013, 04:50:41 PM
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Bitcoin is already valued well above what eBay paid for PayPal $1.5bn...

so lets speculate what it's value is worth if it could pull off as many transactions as the VISA payment system...

you would need a price of around $6000 per BTC!

Buy, hold, and promote Bitcoin in every store you use by asking "do you take Bitcoin?" Wink

redwoods
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November 21, 2013, 04:56:20 PM
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on what price do you expect BTC will stabilize after this roller coaster?

in april on mt. gox it was around half of max 266 usd. if that would be case now with max 900 usd, it should be around 450 usd.

what do you think? will it be higher or lower?

Seems like $250 was a major psychological hurdle for people, i'm assuming we're well clear of that now, the next looks like $800-$1000
we may well find every time we approach these figures it continually falls back as before, until some point where by media coverage and general acceptance allows it to move on, after that $3000-$4000 maybe ? who knows  Cheesy

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November 21, 2013, 05:06:39 PM
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The price might stabilize right before $1000, this is huge psychological barrier. But next year might be crazy again
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November 21, 2013, 05:11:06 PM
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looking similar burble graphics maybe 191-193

 
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11 DEC 2018
redwoods
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November 21, 2013, 05:39:40 PM
 #10

I'm just wondering whether LiteCoin is going to damage bitcoins growth or price? Is it not the case that one major factor holding BTC back is its inability to process large volumes of transactions at the same time whereas litecoin can ?

 another crypto currency might emerge further down the line making BTC and LTC both redundant ( i hope not but who knows)
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November 21, 2013, 05:47:45 PM
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I'm just wondering whether LiteCoin is going to damage bitcoins growth or price? Is it not the case that one major factor holding BTC back is its inability to process large volumes of transactions at the same time whereas litecoin can ?

Litecoin does not provide any advantage over Bitcoin. It is just Bitcoin clone with different hashing algorithm and set block creation 4x faster (traded for lower security).
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