Will BTC hit $10.000 in Q1 of 2014 ?

[crocko]

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 ?

[Triton]

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.

[mladen00]

depends on many things;

$, oil, gold, silver, nwo....

[zimmah]

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.

[Jcw188]

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.

[zhinkk]

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.

[smithytzu]

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...

[TiagoTiago]

The way things have been going; it would surprise me if we don't reach 5 digits before the end of 2014.

[flexgroo]

i new i should have bought 20 btc when it was close to 500 dollars today

[mladen00]

i new i should have bought 20 btc when it was close to 500 dollars today

yes...but too late

[nwbitcoin]

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! ;-)

[Lewis2]

5 days ago I would have said yes, right now, definitely not.

[seanneko]

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.

[traderCJ]

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.

[CoinGeneral]

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*

 

[pokerFace2]

No way so soon. Maybe at end of 2014, but I doubt this as well.

[sgbett]

Santa Clause rally incoming!! hehe

$10k by xmas. Now that would be funny.

[GigaCoin]

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 !

[Hfertig]

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.

[raskolnikovx]

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)