Bitcoin will be 10k+ Q1 2014.

[Luckybit]

I've run some calculations and have been tracking the growth trend. The rate of growth that new people are coming into Bitcoin is very high, media attention is high, and that means demand is high.

I believe Bitcoin is growing faster now than it was in April and will be growing even faster in Q1 2014 because there will be better infrastructure. Once we have an easy way to buy and store Bitcoins the demand will so far outweigh the supply that the price will go from $1000 to $10,000 within a matter of weeks. We will see growth spurts of $1000+ in a matter of 48hrs or less.

I predict it will peak out at around $15,000 and that all of this will happen between January 2014 and May 2014.  Remember this thread to see if I'm right when the time comes and if I am right you can tip me.
16AgTxbEARQN2BnxVfZcLgtBFb1TBjbJiw

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[Carra23]

Cocaine is good for your health.

[AWSOM]

I've run some calculations

However you do not post any of your "calculations" which makes this thread worth nothing. Basically you are just guessing.

[babeq]

It will be great if you show us that calculations. Just pure words don't show your standpoint

[aazssx]

I've run some calculations and have been tracking the growth trend. The rate of growth that new people are coming into Bitcoin is very high, media attention is high, and that means demand is high.

I believe Bitcoin is growing faster now than it was in April and will be growing even faster in Q1 2014 because there will be better infrastructure. Once we have an easy way to buy and store Bitcoins the demand will so far outweigh the supply that the price will go from $1000 to $10,000 within a matter of weeks. We will see growth spurts of $1000+ in a matter of 48hrs or less.

I predict it will peak out at around $15,000 and that all of this will happen between January 2014 and May 2014.  Remember this thread to see if I'm right when the time comes and if I am right you can tip me.
16AgTxbEARQN2BnxVfZcLgtBFb1TBjbJiw

Translation: I'm making a random unsubstantiated guess hoping that some inbred cretin will tip me.

[exstasie]

I have also made some calculations but I come closer to $23000:

1000*23= 23000 

i was just about to post a similar calculation.  Just as scientific as yours.  Maybe throw in a graph with a few points on it too for good measure!
One can dream I guess.

[Carra23]

I have also made some calculations but I come closer to $23000:

1000*23= 23000 

i was just about to post a similar calculation.  Just as scientific as yours.  Maybe throw in a graph with a few points on it too for good measure!
One can dream I guess.

The graph should have a few triangles.

[emanymton]

I have also made some calculations but I come closer to $23000:

1000*23= 23000 

i was just about to post a similar calculation.  Just as scientific as yours.  Maybe throw in a graph with a few points on it too for good measure!
One can dream I guess.

The graph should have a few triangles.

and a picture of the moon 

[Siegfried]

Unlikely.

[AWSOM]

I have also made some calculations but I come closer to $23000:

1000*23= 23000 

This

[MindGrenade]

Price predictions often run in line with what people want the coin to go to, not what it will go to...

$10,000 in Q1? You're running solely on hope. In 2014? Highly unlikely, but maybe. I'm thinking $4-5000 top in '14.

$10,000 and beyond is 2015 territory

[Luckybit]

I've run some calculations

However you do not post any of your "calculations" which makes this thread worth nothing. Basically you are just guessing.

I could reveal my calculations but that takes the fun and mystery away. Just check back on this thread when the time comes.

For a hint:

Others here have done similar calculations with charts and have extrapolated the market cap for 2014 based on what happened in 2013. It's not hard to figure out that if growth happens at the exact same rate as in 2013 that we will surpass $10,000 in Q1 2014. You can look at the chart from 2013 and put it side by side with the chart from 2012, 2011, and then base it on the growth rate in the past.

People who don't think Bitcoin can surpass $10,000 in 2014 Q1 are day traders who never once took a look at the all time logarithmic chart, or looked at the untapped potential market cap, or the rate of growth of new users. For example Coinbase has 600,000 users right now and is growing at a rate of hundreds of thousands of new years a month. Coinbase will pass 1 million users in Q1 2014 and they just received 25 million in investment.

I will reiterate, $10,000-15,000 Q1 2014. If I'm right by May 2014 then remember to tip my Bitcoin address.

[Luckybit]

I've run some calculations and have been tracking the growth trend. The rate of growth that new people are coming into Bitcoin is very high, media attention is high, and that means demand is high.

I believe Bitcoin is growing faster now than it was in April and will be growing even faster in Q1 2014 because there will be better infrastructure. Once we have an easy way to buy and store Bitcoins the demand will so far outweigh the supply that the price will go from $1000 to $10,000 within a matter of weeks. We will see growth spurts of $1000+ in a matter of 48hrs or less.

I predict it will peak out at around $15,000 and that all of this will happen between January 2014 and May 2014.  Remember this thread to see if I'm right when the time comes and if I am right you can tip me.
16AgTxbEARQN2BnxVfZcLgtBFb1TBjbJiw

Translation: I'm making a random unsubstantiated guess hoping that some inbred cretin will tip me.

This post is going to provide me with great amusement this spring when the price is above $10,000. I gave hints on the data points required to make the calculation but I'll reiterate one more time.

You need the highest market cap of 2013. The highest market cap of 2012. The highest market cap of 2011. This forms a trend line on a chart.

You need to look at rate of the growth in users of blockchain.info an Coinbase which also forms a trend line on a chart.

You need to look at the pace of that growth, how long did it take to reach an 8, no a 10, 12 billion dollar market cap? Then you have to determine if its possible that we could reach 100 billion dollar market cap sometime thing spring.

I say yes it's not only possible but it's going to happen. I believe we have reached the tipping point which generally is reached before exponential growth. We saw the same trend with twitter, facebook, etc. After we reach a certain level of users the tipping point is reached and the exponential growth phase is entered. I believe we are entering that phase now.

You'll see the evidence of what I'm talking about in early February when the price should pass $2000, then $5000. By April or May it will be $10,000+.

[RHCwebhosting]

Given BTC rose from $13 to current prices in the span of less than a year this is completely possible. Sprinkle in some irrational exuberance and we have 30k noproblem.

[Luckybit]

Given BTC rose from $13 to current prices in the span of less than a year this is completely possible. Sprinkle in some irrational exuberance and we have 30k noproblem.

Most of the people commenting didn't watch Bitcoin go from $13 to $260. No one thought it was possible that Bitcoin could go over $100 in 2013 and it went over $1200.

In 2014 I think it will go over $100,000 but the next bubble will take it to $10,000 and that is only a couple months away. By February we will see the next bubble. We aren't seeing it right now because it's the Christmas season so people aren't going to be buying as much but also because it's just not reaching the tipping point. 2014 you'll see a flood of institutional investors, hedge funds, oh yeah and the new crowd funding legislation will open the door to non-accredited investors.

It's not hard to figure out that once the flood gates are open 100 billion is really not a lot of money at all. It probably will be a bubble for sure, but that is how Bitcoin grows. It has never grown slowly, so the people saying it will be $2000 this summer aren't basing it on the trends from previous years. If Bitcoin has the exact same year it had in 2013 with all the negative media attention and difficulty in buying it then it reaches $10,000 by this summer. If we factor in the positive media attention, better infrastructure, and institutional investment like hedge funds and IRAs then you have $20,000 this summer and $100,000+ next winter when the market cap will be in the hundreds of billions.

The demand is there. The people are sold on it and are trying to figure out how to buy it. When they can call their broker and order it then you'll see $10,000. When it goes over $10,000 people will go into a buying frenzy and push it to $100,000.

[Open4lies]

Price predictions often run in line with what people want the coin to go to, not what it will go to...

$10,000 in Q1? You're running solely on hope. In 2014? Highly unlikely, but maybe. I'm thinking $4-5000 top in '14.

$10,000 and beyond is 2015 territory

With this year % increase, anything can be possible. No need to say $10,000 is too much, wont happen next year 

[AWSOM]

Given BTC rose from $13 to current prices in the span of less than a year this is completely possible. Sprinkle in some irrational exuberance and we have 30k noproblem.

Most of the people commenting didn't watch Bitcoin go from $13 to $260. No one thought it was possible that Bitcoin could go over $100 in 2013 and it went over $1200.

In 2014 I think it will go over $100,000 but the next bubble will take it to $10,000 and that is only a couple months away. By February we will see the next bubble. We aren't seeing it right now because it's the Christmas season so people aren't going to be buying as much but also because it's just not reaching the tipping point. 2014 you'll see a flood of institutional investors, hedge funds, oh yeah and the new crowd funding legislation will open the door to non-accredited investors.

It's not hard to figure out that once the flood gates are open 100 billion is really not a lot of money at all. It probably will be a bubble for sure, but that is how Bitcoin grows. It has never grown slowly, so the people saying it will be $2000 this summer aren't basing it on the trends from previous years. If Bitcoin has the exact same year it had in 2013 with all the negative media attention and difficulty in buying it then it reaches $10,000 by this summer. If we factor in the positive media attention, better infrastructure, and institutional investment like hedge funds and IRAs then you have $20,000 this summer and $100,000+ next winter when the market cap will be in the hundreds of billions.

The demand is there. The people are sold on it and are trying to figure out how to buy it. When they can call their broker and order it then you'll see $10,000. When it goes over $10,000 people will go into a buying frenzy and push it to $100,000.

ASSUMPTIONS

Y'all exponentially multiplying, hoping for the best, not calculating in the worst

[uininPeter]

The demand is there. The people are sold on it and are trying to figure out how to buy it. When they can call their broker and order it then you'll see $10,000. When it goes over $10,000 people will go into a buying frenzy and push it to $100,000.

No, price does not work this way. Going from $1,000 to $10,000 is ten times harder than going from $100 to $1,000

[AWSOM]

Q1? Dont think so

Q3-4 - Very possible

"Very possible"

and your arguments are what exactly?

sometimes it looks like the average bitcoin-believer has an IQ of a dead goat

[exocytosis]

I think you're right, Luckybit.