Will it hit $1000 again?

[Wekkel]

if we survive this in a decent shape, confidence will be very high, price will recover

This is a free market. Unless something changes, it will return at a certain moment. Just be patient.

[toy4lov3rs]

If someone bought at $32 in 2011, then they had to wait about 18 months to make a profit, fyi.

Two years is nothing, and if sold today 2000% increase 
Patience is rewarded in this case

[JimboToronto]

The best strategy, it seems, is to buy bitcoins and then unplug the internet for 6 months and wait

6 months is much too short a time. 24 months is a better minimum hold time for a big fat greasy profit.

As some bears have been quick to point out, there have actually been 6-month periods (e.g. late 2011) when the price fell.

5 years is probably a better minimum hoarding time. By then the s-curve will have probably been through the vertical phase, no longer parabolic, and leveling off.

[toy4lov3rs]

5 years is probably a better minimum hoarding time. By then the s-curve will have probably been through the vertical phase, no longer parabolic, and leveling off.

I have to agree, at this time Bitcoin will be accepted online everywhere, offline many places, Bitcoin ATMs in every bigger city

[proudhon]

Bitcoin probably won't hit $1000 again because of sources.

[TERA]

OK keep bashing bears. You can count your fiat profits while I count my btc profits.

[JimboToronto]

Bitcoin probably won't hit $1000 again because of sources.

LOL 

[JimboToronto]

OK keep bashing bears. You can count your fiat profits while I count my btc profits.

Who's bashing bears?

Sell, sell, sell...

at least until I finish buying.

 

[zuerdemon]

Bitcoin probably won't hit $1000 again because of sources.

Care to elaborate? Does it have anything with United States trying to regulate Bitcoin ?

[JimboToronto]

Bitcoin probably won't hit $1000 again because of sources.

Care to elaborate? Does it have anything with United States trying to regulate Bitcoin ?

I think his "sources" are trollbox permabears.

[Bobsurplus]

Bitcoin probably won't hit $1000 again because of sources.

Excuse me??

I'd expect FUD from the trolls but not from you!

Whats going on here?

[JimboToronto]

Bitcoin probably won't hit $1000 again because of sources.

Excuse me??

I'd expect FUD from the trolls but not from you!

Whats going on here?

I'm pretty sure he was joking, just like with his Satoshi Secret Backdoor Code silliness.

[opentoe]

Bitcoin is global, and China closing their exchanges is a pretty big deal. It's not some small company voicing their opinion, but an entire government making pro-active changes towards bitcoin. This will set us back big time. People laughed when someone said we may hit $100 before $1000 again, but from what I'm looking at, it could very well possibly hit $100. A terrible low.

[piramida]

People laughed when someone said we may hit $100 before $1000 again, but from what I'm looking at, it could very well possibly hit $100. A terrible low.

make some money on your understanding then: http://bitbet.us/bet/672/btc-will-hit-1000-without-dropping-to-100/

need some serious people with bets on NO there.

[EvilPanda]

People laughed when someone said we may hit $100 before $1000 again, but from what I'm looking at, it could very well possibly hit $100. A terrible low.

make some money on your understanding then: http://bitbet.us/bet/672/btc-will-hit-1000-without-dropping-to-100/

need some serious people with bets on NO there.

I'm with the majority here.

[amencon]

If things hold to past patterns we will see a bear market for awhile that ends in some length of sideways trading then slow steady growth that bubbles up into mania with hugh price increases then back down to well above before the mania started.  Will be interesting to see if things play out this way again.

So I'd say we won't see $1000 for at least a few month or more, but who knows what 2014 will bring.

[Stunna]

When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.

[freethink2013]

When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.

China is fucked but despite that I think we'll hit 1000 in jan/feb

[R2Pleasent]

When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.

The odds of this happening are very low in the short term, low in the long-term, and still under 50% in the long-term.

[I_bitcoin]

When china reintroduces deposits I firmly believe the price will reach $1000+ again within that month.

The odds of this happening are very low in the short term, low in the long-term, and still under 50% in the long-term.

+1, Neither China or India are going to drive this.    Look towards those countries with less aggressive controls.