solex (OP)
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100 satoshis -> ISO code
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January 01, 2014, 12:02:56 AM Last edit: January 01, 2014, 12:55:08 AM by solex |
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Bitcoin has posted a record annual gain, measured in USD. At the start of Jan 1st, 2013, Mt Gox had a bid/ask of 13.45-55, or mid-price of $13.50At the close of Dec 31st Bitstamp and BTC-E have 730.4-732 & 730-733, or mid-price of $731.35(Mt Gox is not comparable because its US$ withdrawals do not take < 1 week, hence its bitcoin price is biased upwards). Trace Mayer's statistics for previous years, now with 2013 completed: 2009 4,867% (uncertain price discovery period) 2010 387% 2011 1,320% 2012 170% 2013 5,317%One observation is that, so far, odd-numbered years exhibit high-growth, while even-numbered years are consolidation/growth periods. Even 170% gains in 2014 will be stellar. Happy New Year to all Bitcoin holders!
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beetcoin
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January 01, 2014, 12:44:05 AM |
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i wish i had 500+ activity points, then i'd feel like i was part of the cool original only club.. and then i'd talk all the newbies down. when losing an argument, i'd just retort with "psh, you weren't even here at the beginning."
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t1000
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January 01, 2014, 12:57:58 AM |
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It makes sense. 2014 could be honey badger time for bitcoin from authorities deciding how to regulate it.
On the other hand, there are new services and new businesses coming in 2014, so may be we should hold onto our hats just in case.
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Did you find my posts helpful? Did I say say something nice? Your generosity is much appreciate. BTC: 1G7chBLoYqGfdyfkrox53yDn6sS65PgFYk LTC: LiYeFdbv5oxin9S3Wmn4v84LuGZ9nsE4XZ
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jongameson
Member
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January 01, 2014, 02:26:54 AM Last edit: January 01, 2014, 02:55:41 AM by jongameson |
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next year we finish the year at $22,500
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cryptojoe
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January 01, 2014, 05:16:45 AM Last edit: January 01, 2014, 05:30:54 AM by cryptojoe |
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My prediction is $15,800 at the end of 2004.
UPDATE: Lol, 2014.
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beetcoin
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January 01, 2014, 05:21:43 AM |
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My prediction is $15,800 at the end of 2004.
mark me down for $15,8000 precisely on december 31, 2004.
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Bono
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January 01, 2014, 05:38:20 AM |
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Now, on the verge of a massive adoption phase, even a %1000 increase seems meager in 2014...
See you on the moon, gentlemen.
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ArticMine
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Merit: 1050
Monero Core Team
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January 01, 2014, 06:14:17 AM Last edit: January 01, 2014, 06:32:05 AM by ArticMine |
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Bitcoin has posted a record annual gain, measured in USD. At the start of Jan 1st, 2013, Mt Gox had a bid/ask of 13.45-55, or mid-price of $13.50At the close of Dec 31st Bitstamp and BTC-E have 730.4-732 & 730-733, or mid-price of $731.35(Mt Gox is not comparable because its US$ withdrawals do not take < 1 week, hence its bitcoin price is biased upwards). Trace Mayer's statistics for previous years, now with 2013 completed: 2009 4,867% (uncertain price discovery period) 2010 387% 2011 1,320% 2012 170% 2013 5,317%One observation is that, so far, odd-numbered years exhibit high-growth, while even-numbered years are consolidation/growth periods. Even 170% gains in 2014 will be stellar. Happy New Year to all Bitcoin holders! With respect to Trace Mayer the figures for 2010 come nowhere close to 387%. The closing price on December 31, 2010 was 0.293 USD per BTC. http://bitcoincharts.com/charts/mtgoxUSD#ig1-minzczsg2010-12-31zeg2011-01-01ztgSzm1g10zm2g25zv Now as for the valuation on December 31, 2009, there is a discussion on this in the following thread https://bitcointalk.org/index.php?topic=322058.0;all rpietila estimated 0.005 USD per BTC, I argued his figure was to high and that 0.000614866 to 0.00130719 USD per BTC was more appropriate. This would place the appreciation in 2010 between 5900% (low end) to 47700% (high end). Edit: 2013 is not a record annual gain. 2010 is since it is very hard to argue what Bitcoin was worth before Satoshi mined the genesis block in January 2009.
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justusranvier
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Merit: 1013
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January 01, 2014, 08:27:36 AM |
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mark me down for $15,8000 precisely on december 31, 2004.
That would be very impressive.
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T.Stuart
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January 01, 2014, 12:07:02 PM |
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Now, on the verge of a massive adoption phase, even a %1000 increase seems meager in 2014...
See you on the moon, gentlemen.
Hmmm... I'll go for a measly +/- 500% increase next year. Sorry to be so bearish folks!
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piramida
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Borsche
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January 01, 2014, 12:11:44 PM |
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Edit: 2013 is not a record annual gain. 2010 is since it is very hard to argue what Bitcoin was worth before Satoshi mined the genesis block in January 2009.
it was worth zero, so there was at least one period with an infinite growth, but nobody really cares as the total volume of that period was less than a thousand dollars
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i am satoshi
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Luckybit
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January 01, 2014, 12:57:44 PM |
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next year we finish the year at $22,500
This is actually a very reasonable prediction. I predict higher but this is reasonable.
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Wilhelm
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January 01, 2014, 01:43:50 PM |
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We're talking about percentages here so take into account that 100% in 2014 would be way more money than in previous years. I know we have exponential growth so it should be possible but I don't want to get hopes up to high like many on this forum. I'm joining T. Stuart in his low estimate but I'm going for a low 500% gain. Don't think we will hit the $10k but I do get wet dreams thinking of BTC hitting that value ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) My safe estimate gives a fantastic value for oncoming years and my price change is as follows - 500% per year - including halving of blocks in 2016 (resulting in doubling of price) Making the following ballpark figures 2014 $700 2015 $3500 2016 $17500 2017 $175000 2018 $875000 2019 $4375000 2020 $21875000 No more bitcoins so $21M would be the stabilization value per bitcoin. $21M hmmm the number 21 again hehehehe ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Looking at this "safe" estimate I still find the 2020 figure of $21M pretty high ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) This would make you 31250% on your money in 6 years ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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segeln
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January 01, 2014, 02:01:26 PM |
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I do get wet dreams thinking of BTC hitting that value ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Keep cool , bro
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Wilhelm
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January 01, 2014, 02:21:51 PM |
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I do get wet dreams thinking of BTC hitting that value ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Keep cool , bro I will keep cool and HODL but if $10k is hit in 2014 and I hold until 2020 with equal gains I start seeing these kinds of pictures ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.destinasian.com%2Fwp-content%2Fuploads%2FSong-Saa-Private-island.jpg&t=665&c=BREytMkIUuSO5A) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fpiximus.net%2Fmedia%2F3820%2Fa-luxurious-private-island-in-the-seychelles-2.jpg&t=665&c=GXulj56ryVw9eA)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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segeln
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January 01, 2014, 02:32:43 PM |
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I strongly suggest The Netherland Antilles should be your millionaire`s Resort!
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Carlton Banks
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January 01, 2014, 04:47:22 PM |
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Is it gains like this that cause investment professionals to constantly repeat "invest in the startups, not in the currency"? These guys could do so much better if they ignored their own advice...
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Vires in numeris
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Wilhelm
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January 01, 2014, 05:05:51 PM |
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I strongly suggest The Netherland Antilles should be your millionaire`s Resort!
I was thinking about the seychelles or maledives. Dutch antilles can be nice aswell, need to go there one day as we dutch owned it all a few years ago ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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theonewhowaskazu
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January 01, 2014, 05:52:45 PM |
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Personally, I'd be happy with only $2000 Its an even-numbered year. I'll accept record-low growth so long as its growth ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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GigaCoin
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Giga
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January 01, 2014, 05:55:50 PM |
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I do get wet dreams thinking of BTC hitting that value ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Keep cool , bro I will keep cool and HODL but if $10k is hit in 2014 and I hold until 2020 with equal gains I start seeing these kinds of pictures ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.destinasian.com%2Fwp-content%2Fuploads%2FSong-Saa-Private-island.jpg&t=665&c=BREytMkIUuSO5A) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fpiximus.net%2Fmedia%2F3820%2Fa-luxurious-private-island-in-the-seychelles-2.jpg&t=665&c=GXulj56ryVw9eA) Hopefully owning them not just renting for few days ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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