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Author Topic: 2013-12-03 CoinDesk - Bitcoin Price Could Reach $98,500  (Read 1704 times)
Cunningham
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December 03, 2013, 07:46:14 PM
 #1

Bitcoin Price Could Reach $98,500, Say Wall Street Analysts
http://www.coindesk.com/bitcoin-price-reach-98500-say-wall-street-analysts/

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Carlton Banks
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December 03, 2013, 08:22:39 PM
 #2

Total nonsense, it will reach $98,503. Idiots.

Vires in numeris
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December 03, 2013, 08:26:39 PM
 #3

And that analysis takes in account its value only as an alternative payment network.
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December 04, 2013, 01:13:09 AM
 #4

Total nonsense, it will reach $98,503. Idiots.

wow, even better, 3 $ more   Grin 




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December 04, 2013, 01:40:24 AM
 #5

There has to be a selling spree sometime. There are too many skeptics in this world  Tongue I think at 2k, everyone will sell, and BTC would be ~500 maximum.

...each currency has its Great Depressions.  Lips sealed
cr1776
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December 04, 2013, 01:56:51 AM
 #6

There has to be a selling spree sometime. There are too many skeptics in this world  Tongue I think at 2k, everyone will sell, and BTC would be ~500 maximum.

...each currency has its Great Depressions.  Lips sealed

This same thing has been said since dollar parity and some people sell, some just keep using it to buy and some hold.  

I might sell one or two at the 98,500 figure, but not trade it for a currency that is losing value each year due to inflation. Smiley
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December 04, 2013, 03:09:29 AM
 #7

It all depends on what you value BTC.  If you don't think its worth anything near $98,500 then you're going to sell it way before it gets there.

I think at $98,500 most people will wait until its worth $100k before they start selling.

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December 04, 2013, 04:53:25 AM
 #8

There are too many skeptics in this world 
Then it will go up.

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December 04, 2013, 05:05:53 AM
 #9

There has to be a selling spree sometime. There are too many skeptics in this world  Tongue I think at 2k, everyone will sell, and BTC would be ~500 maximum.
Why is it so hard to believe that there are more people out there who are learning how awesome bitcoin is than there are bitcoin holders that suddenly lose faith in it?

There are 8 Billion people in the world, most of them without a milibit nor even a bank account to their names. There are FAR less than that who have any bitcoin at all, and only a Tiny fraction of that handful that have enough bitcoin to actually move the market if they got spooked.

This pessimism is silly. Volatility will continue to go up and down psuedo-normally until the day that bitcoin has eaten all of its' competition... On that day volatility won't even be noticeable anymore, and bitcoin can be actual Money to the world.

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December 04, 2013, 05:24:01 AM
 #10

I have seen all sort of crazy future valuation predictions ever since I started collecting BTCs. Some of them:

1. 1 BTC = $ 1,000,000

2. 1 BTC = $ 98,500

3. 1 BTC = $ 700,000

4. 1 BTC = $ 40,000


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December 04, 2013, 06:31:12 AM
 #11

I have seen all sort of crazy future valuation predictions ever since I started collecting BTCs. Some of them:

1. 1 BTC = $ 1,000,000

2. 1 BTC = $ 98,500

3. 1 BTC = $ 700,000

4. 1 BTC = $ 40,000

and they will all be true.

Coinbase for selling BTCs or Vircurex for trading alt cryptocurrencies like DOGEs
CoinNinja for exploring the blockchain.
PM me with any questions on these sites!  Happy to help!
beetcoin
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December 04, 2013, 06:34:11 AM
 #12

I have seen all sort of crazy future valuation predictions ever since I started collecting BTCs. Some of them:

1. 1 BTC = $ 1,000,000

2. 1 BTC = $ 98,500

3. 1 BTC = $ 700,000

4. 1 BTC = $ 40,000

and they will all be true.

because.. we want it to be?
bryant.coleman
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December 04, 2013, 06:40:24 AM
 #13


and they will all be true.

Don't forget these as well:

1. 1 BTC = $25 (July 2012)

2. 1 BTC = $1,500 (January 2013)

3. 1 BTC = $2,950 (May 2011)


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December 04, 2013, 11:08:19 AM
 #14

It all depends on what you value BTC.  If you don't think its worth anything near $98,500 then you're going to sell it way before it gets there.

I think at $98,500 most people will wait until its worth $100k before they start selling.

i would agree here, thats psychological  Smiley

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December 04, 2013, 01:32:57 PM
 #15

Why does that number reminds me of sheepmarket "hack" ?
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