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crocko (OP)
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December 06, 2013, 08:07:30 AM |
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Hello !
At this moment the price of BTC is established around of value $1000.
This is something that can't be ignored. (by the banks and business media)
It is possible that the price to raise up to $10.000 in the Q1 of 2014 ?
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Triton
Newbie
 Offline
Activity: 47
Merit: 0
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December 06, 2013, 08:13:09 AM |
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Hello !
At this moment the price of BTC is established around of value $1000.
This is something that can't be ignored. (by the banks and business media)
It is possible that the price to raise up to $10.000 in the Q1 of 2014 ?
I watched an interview where the respondent said the 1st wave of investors were the common folk, 2nd wave which has already taken place are the VCs(venture capitalists), 3rd wave which he predicted would be next year are the Wall Street banks. Given a that few banks already have stakes in BTC and that only 1/10 people know of bitcoins so far. The growth potential is great. Just my opinion. If someone could give an opinion with their rationale that would be great. |
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mladen00
Legendary
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Activity: 2124
Merit: 1013
K-ing®
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December 06, 2013, 10:59:30 AM |
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depends on many things;
$, oil, gold, silver, nwo....
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IOTA
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zimmah
Legendary
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Activity: 1106
Merit: 1005
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December 06, 2013, 01:21:57 PM |
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The common folks have not yet mass-invested in bitcoin and will not do so until they understand the advantages of it. But right now hardly anyone explains it to them.
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Jcw188
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December 06, 2013, 05:16:19 PM |
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I was reading the other day that there was a big spike in value of BTC when the Cyprus nonsense was going on. So, if you think there might be any more destabilizing events, or more confiscations of wealth, BTC might go further up.
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zhinkk
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December 07, 2013, 01:45:33 AM |
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It depends. If it does, I think it will be on the US and not dependant on China driving up the prices again (since the announcement). I doubt it unless some major mainstream adoption happens.
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smithytzu
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December 07, 2013, 02:33:41 AM |
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Will it hit in Q1 of 2014. No.
Will it hit $10K, I think that's inevitable , when exactly is anyone's guess. It could very well hit 10k by the end of the year(2014) assuming continued adoption of bitcoin. i.e. imagine when/if google started accepting BTC in their google play store...
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TiagoTiago
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December 07, 2013, 02:36:28 AM |
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The way things have been going; it would surprise me if we don't reach 5 digits before the end of 2014.
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(I dont always get new reply notifications, pls send a pm when you think it has happened) Wanna gimme some BTC/BCH for any or no reason? 1FmvtS66LFh6ycrXDwKRQTexGJw4UWiqDX  The more you believe in Bitcoin, and the more you show you do to other people, the faster the real value will soar! |
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flexgroo
Newbie
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Activity: 56
Merit: 0
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December 07, 2013, 01:25:36 PM |
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i new i should have bought 20 btc when it was close to 500 dollars today
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mladen00
Legendary
Offline
Activity: 2124
Merit: 1013
K-ing®
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December 09, 2013, 09:55:45 AM |
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i new i should have bought 20 btc when it was close to 500 dollars today
yes...but too late |
IOTA
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nwbitcoin
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December 09, 2013, 09:58:52 AM |
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My own view is that it will reach $5k within 12 months.
Its just frustrating having no money to throw at it, although, I know if I was borrowing money, I would have wasted it on various alt coins! ;-)
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*Image Removed* I use Localbitcoins to sell bitcoins for GBP by bank transfer!
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Lewis2
Member
Offline
Activity: 70
Merit: 10
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December 09, 2013, 09:59:03 AM |
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5 days ago I would have said yes, right now, definitely not.
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seanneko
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December 09, 2013, 10:00:54 AM |
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No way. The network (exchanges, etc) are nowhere near mature enough to support a $100 billion+ economy.
Even now they all self destruct whenever there's even a moderate amount of trading going on.
So even if people wanted to put an extra $90 billion in (and I'm sceptical that they will so soon), it can't happen just yet.
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traderCJ
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December 09, 2013, 10:13:08 AM |
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Of course it's possible. All it takes is another pronounced depression of traditional investment vehicles like stocks and real estate to drive money into BTC.
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CoinGeneral
Full Member
Offline
Activity: 182
Merit: 100
The General
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December 09, 2013, 10:13:26 AM |
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I don't think it will... Then again when BTC was at $50 I didn't think it would ever pass $100 Few months later... *$1,000*  |
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pokerFace2
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December 09, 2013, 10:14:08 AM |
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No way so soon. Maybe at end of 2014, but I doubt this as well.
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sgbett
Legendary
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Activity: 2576
Merit: 1087
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December 09, 2013, 11:04:39 AM |
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Santa Clause rally incoming!!  hehe $10k by xmas. Now that would be funny. |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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GigaCoin
Sr. Member
Offline
Activity: 308
Merit: 251
Giga
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December 09, 2013, 11:09:44 AM |
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Santa Clause rally incoming!! hehe $10k by xmas. Now that would be funny. Santa on a Choo Choo motherfucking train  Need a Meme for this ! |
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Hfertig
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December 09, 2013, 11:11:33 AM |
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In order to get to 10.000 you need people willing to pay 10.000 per bitcoin. It might be possible in the very long term, but I don´t think this is going to happen in such a short timeframe.
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raskolnikovx
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December 09, 2013, 11:21:29 AM |
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The problem here is that 10K levels would imply a big adoption but to get that high BTC must go really volatil. I see a conflict here: Bitcoin could reach 10K if amazon starts accepting it BUT that wont happend if value keeps crazy jumping (and it will if somehow gets to 10K on 2014 Q1)
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