innocent93 (OP)
Legendary
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Activity: 896
Merit: 1000
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January 01, 2014, 10:03:12 AM |
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if chnia market still low
will MT bring the price back to $1,000?
share your point
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BTCisthefuture
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January 01, 2014, 11:00:13 AM |
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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. |
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T.Stuart
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January 01, 2014, 11:48:02 AM |
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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. |
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jamesc760
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January 01, 2014, 06:03:50 PM |
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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.
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TheMaze
Member
Offline
Activity: 133
Merit: 10
No way Out!
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January 01, 2014, 06:05:39 PM |
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if chnia market still low
will MT bring the price back to $1,000?
share your point
With BTC - Everything is possible  |
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laris2
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January 02, 2014, 03:47:07 PM |
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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 |
TEST
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kireinaha
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January 02, 2014, 06:00:58 PM |
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Oh yeah, MT has some big plans for bitcoin. Keep on the look out, y'all.
MT is the state of Montana, right?
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Night gathers, and now my bitcoinwisdom watch begins.
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black_swan
Newbie
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Activity: 42
Merit: 0
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January 02, 2014, 06:02:56 PM |
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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 |
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Rygon
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January 02, 2014, 06:21:09 PM |
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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.  |
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rampantparanoia
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January 02, 2014, 06:30:54 PM |
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how can one bring about a rally when his pockets are MT?
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T.Stuart
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January 02, 2014, 06:34:35 PM |
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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. |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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January 02, 2014, 06:40:16 PM |
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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. |
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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yogi
Legendary
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Activity: 947
Merit: 1042
Hamster ate my bitcoin
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January 02, 2014, 06:45:18 PM |
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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. |
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wobber
Legendary
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Activity: 1064
Merit: 1001
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January 02, 2014, 07:01:07 PM |
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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
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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mgburks77
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January 02, 2014, 07:03:46 PM |
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MT= Money Train  |
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piramida
Legendary
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Activity: 1176
Merit: 1010
Borsche
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January 02, 2014, 07:08:12 PM |
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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 |
i am satoshi
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humanitee
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January 02, 2014, 07:22:49 PM |
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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.  |
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piramida
Legendary
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Activity: 1176
Merit: 1010
Borsche
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January 05, 2014, 03:06:59 PM |
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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 |
i am satoshi
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jubalix
Legendary
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Activity: 2618
Merit: 1022
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January 06, 2014, 03:49:59 AM |
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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...? |
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YoYa
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January 06, 2014, 04:49:01 AM |
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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. |
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