possible to back $1,200 ?

[innocent93]

if chnia market still low

will MT bring the price back to $1,000?

share your point

[BTCisthefuture]

if chnia market still low

will MT bring the price back to $1,000?

share your point

I'm not sure what MT means.  But certainly if bitcoin adoption continues to expand and more and more people start to realize bitcoin isn't going away and it wasnt just an insane 1 year speculative wonder ,  then yes it's very likely bitcoin will go back to $1,000+  possibly quite more.

Personally I think bitcoin is overvalued right now. But if you start to think about the role it will play in society in 5-10-15 years , then I would argue bitcoin is actually undervalued.

[T.Stuart]

But if you start to think about the role it will play in society in 5-10-15 years , then I would argue bitcoin is actually undervalued.

Today for Internet-based companies 5 years is a long time. In 5 years Bitcoin will be massively adopted (alongside fiat currency, not in place of), or it will have fallen long before.

[jamesc760]

No one, not even MT (who the h*ll he/she/it may be), can bring the btc price back to $1200.

Having said that, it's NOT only possible, but HIGHLY likely that it will hit $1200 some time this year and surpass it, maybe a few times before settling on a new ALL TIME HIGH.

I am betting with all my idle cash.

[TheMaze]

if chnia market still low

will MT bring the price back to $1,000?

share your point

With BTC - Everything is possible

[laris2]

if chnia market still low

will MT bring the price back to $1,000?

share your point

With BTC - Everything is possible

Yeah, especially if you look at the current prices from beginning of the last year perspective

[kireinaha]

Oh yeah, MT has some big plans for bitcoin. Keep on the look out, y'all.

MT is the state of Montana, right?

[black_swan]

But if you start to think about the role it will play in society in 5-10-15 years , then I would argue bitcoin is actually undervalued.

Today for Internet-based companies 5 years is a long time. In 5 years Bitcoin will be massively adopted (alongside fiat currency, not in place of), or it will have fallen long before.

Bitcoin is *not* a company, hello???
You clearly don't understand bitcoin, better cash out FIAT asap

[Rygon]

if chnia market still low

will MT bring the price back to $1,000?

share your point

Clearly OP is talking about Motor Trend magazine. They must be planning on writing a piece on how hip it is to buy cars with bitcoin. 

[rampantparanoia]

how can one bring about a rally when his pockets are MT?

[T.Stuart]

Bitcoin is *not* a company, hello???
You clearly don't understand bitcoin, better cash out FIAT asap

Good evening Black Swan. I like to try to use words like "company", "bubble", "shares", "IPO" (that last one not actually 1 word but 3) in order to be able to discuss Bitcoin easily and fluidly in the context of the existing Internet space. I think it is very useful to look at Internet companies when thinking about how Bitcoin can grow, particularly looking at "competition" such as other "digital currencies", the nature of "viral marketing" etc. etc.

I thought about your proposition to "cash out FIAT" - think I'll give it a miss for the time being if you don't mind!

Cheerio.  

[proudhon]

No one, not even MT (who the h*ll he/she/it may be), can bring the btc price back to $1200.

Having said that, it's NOT only possible, but HIGHLY likely that it will hit $1200 some time this year and surpass it, maybe a few times before settling on a new ALL TIME HIGH.

I am betting with all my idle cash.

Sorry, not possible.  Sources have confirmed from China, that bitcoin will continue to crash around the world.  I have some links somewhere, all in Chinese of course, but I can't be bothered to locate them right now.  Point is, 2013 was bitcoin's last flash in the pan.  It's all down hill from here.  Also, India, and sources.  Also, some other sources and such.  You know the drill.

[yogi]

No one, not even MT (who the h*ll he/she/it may be), can bring the btc price back to $1200.

Having said that, it's NOT only possible, but HIGHLY likely that it will hit $1200 some time this year and surpass it, maybe a few times before settling on a new ALL TIME HIGH.

I am betting with all my idle cash.

Sorry, not possible.  Sources have confirmed from China, that bitcoin will continue to crash around the world.  I have some links somewhere, all in Chinese of course, but I can't be bothered to locate them right now.  Point is, 2013 was bitcoin's last flash in the pan.  It's all down hill from here.  Also, India, and sources.  Also, some other sources and such.  You know the drill.

I spoke to MT last night, he said your status as a contra-indicator is still intact.

[wobber]

I wonder how many coins does Proudhon has and what's his real reason for saying bearish.

Because sometimes I also write bearish posts just because I need bulls to counter me and tell me what I need to hear: bitcoin = quazzilion!

Note: Sometimes

[mgburks77]

MT= Money Train 

[piramida]

I wonder how many coins does Proudhon has and what's his real reason for saying bearish.

Am I the only one who sees nothing but sarcasm and imitating bears with hollow arguments in his post? Nvm then, carry on

[humanitee]

I wonder how many coins does Proudhon has and what's his real reason for saying bearish.

Am I the only one who sees nothing but sarcasm and imitating bears with hollow arguments in his post? Nvm then, carry on

The collective IQ of this forum is about 70, which is pretty good considering the trollbox is around 50. Still, you shouldn't expect too much.   

[piramida]

I wonder how many coins does Proudhon has and what's his real reason for saying bearish.

Am I the only one who sees nothing but sarcasm and imitating bears with hollow arguments in his post? Nvm then, carry on

The collective IQ of this forum is about 70, which is pretty good considering the trollbox is around 50. Still, you shouldn't expect too much.   

collective as in sum? i do hope it's average

[jubalix]

No one, not even MT (who the h*ll he/she/it may be), can bring the btc price back to $1200.

Having said that, it's NOT only possible, but HIGHLY likely that it will hit $1200 some time this year and surpass it, maybe a few times before settling on a new ALL TIME HIGH.

I am betting with all my idle cash.

Sorry, not possible.  Sources have confirmed from China, that bitcoin will continue to crash around the world.  I have some links somewhere, all in Chinese of course, but I can't be bothered to locate them right now.  Point is, 2013 was bitcoin's last flash in the pan.  It's all down hill from here.  Also, India, and sources.  Also, some other sources and such.  You know the drill.

your back in spec? wow, when did this happen...?

[YoYa]

No one, not even MT (who the h*ll he/she/it may be), can bring the btc price back to $1200.

Having said that, it's NOT only possible, but HIGHLY likely that it will hit $1200 some time this year and surpass it, maybe a few times before settling on a new ALL TIME HIGH.

I am betting with all my idle cash.

Sorry, not possible.  Sources have confirmed from China, that bitcoin will continue to crash around the world.  I have some links somewhere, all in Chinese of course, but I can't be bothered to locate them right now.  Point is, 2013 was bitcoin's last flash in the pan.  It's all down hill from here.  Also, India, and sources.  Also, some other sources and such.  You know the drill.

Yep, looks like we might be heading back to 70 - 90 soon. BTC/LTC parity to happen by October, then competition will decide the true fate of bitcoin.