bitcoin worth $98500 says this article

[feebs]

i wonder how they calculated a $98500 valuation

http://www.coindesk.com/bitcoin-price-reach-98500-say-wall-street-analysts/

[Wendigo]

You simply don't question the wall street hotshots in the first place, they arguably know their stuff

[Lewis2]

And $98500 is not an exact number at all which makes it even more believable! Get in while you can!

[Heutenamos]

i wonder how they calculated a $98500 valuation

http://www.coindesk.com/bitcoin-price-reach-98500-say-wall-street-analysts/

Ha nice find! I guess they asked few wall street traders about final stable price and used the average (mean)

[Martijnvdc]

That's a horrible article, if you ask me...

The price of bitcoin could increase to as much as $98,500, according to analysts at financial services and investment firm Wedbush Securities.

Did they calculate that based off of a formula with 3 variables or something?

[bcd]

Coindesk almost lost my respect after publishing this article.

[glite]

I liked it, now if I have 10 btc that will be...bahaha, can't wait!

[CrytoEnthusiast]

This reeks of unfounded hype, but stranger things have happened

[ALbitcoins]

interesting the comments of the article, people need to start spending bitcoins buying things
I dont know how much it will worth, but it can be 100,000, as it is now 1000 after being 10 a year ago

[TheJacob]

If you thought something was going be worth 98 times what it currently is worth would you:

a.) Write a report telling everyone.

b.) Buy as many as possible.

[JuanHungLo]

My own personal calculations show Bitcoin going to $3500 by January.  $10,000 by March.  $30,000 by April.  Of course, I am free to make up any formula for determining my outcome as I desire.   

In all honesty, I think that we are all the future very wealthy gentlemen.

Nice, to meet you.  Do you have any Grey Poupon?

Juan

[cctekh]

All aboard the hype train.

CHOOO CHOOOOOOOOO

[thankyou]

I have to agree with Jacob on this one. Hype; opinion and article baiting.

If you thought something was going be worth 98 times what it currently is worth would you:

a.) Write a report telling everyone.

b.) Buy as many as possible.

[wasserman99]

Coindesk almost lost my respect after publishing this article.

meh they are just quoting wedbush analysts, that is respectable enough

they will be worth way more than $100k though, probably at least 10x more

[cryptonic]

Just divide all the fiat money supply that exists globally (in USD terms based on current exchange rates) by 21 million (= number of bitcoins). This will give you an upper bound, and it will be around 10 million USD per BTC.

[DeboraMeeks]

Not now at least,price depend on demand and sell which is at the $1xxx in most exchanger at this time and this is the actual price. Further estimations are predictions and nothing confirmed.

[RAVENCROW]

maybe if more business start collecting / hoarding like a power company or two

[raporeyiz]

noooo way

[thesituation]

lol, thats too much, if that happens, anyone who holds more than 10 btc will be millionaire

[GhanaGamboy]

If you thought something was going be worth 98 times what it currently is worth would you:

a.) Write a report telling everyone.

b.) Buy as many as possible.

Many have predictions and estimates, I believe 1,000,000 is possible instead