|
BitchicksHusband
|
 |
May 31, 2014, 04:24:02 AM |
|
So you think we could see $30,000 to $100,000 over the next couple of years?
Me? Yes. I think we'll see $30,000 next year and $100,000 probably after the halving to 1800 coins per day (around July 2016 now). |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
|
|
|
|
|
|
|
|
|
|
|
|
If you see garbage posts (off-topic, trolling, spam, no point, etc.), use the "report to moderator" links. All reports are investigated, though you will rarely be contacted about your reports.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
BombaUcigasa
Legendary
 Offline
Activity: 1442
Merit: 1000
|
|
May 31, 2014, 04:58:59 AM |
|
A price of above $840,000 by July 1 2017 is one of the most optimistic predictions I have seen. In percentage terms, how likely do you think it is that that will happen?
You just skipped over my optimistic prediction of $3,700,000 by July 1 2017. Remember that EVERYONE that predicted until now the price for more than a year into the future has severely undershot their numbers. |
|
|
|
|
|
BitchicksHusband
|
|
May 31, 2014, 05:00:31 AM |
|
Assuming bitcoin does take over a lot of traditional uses of money; People who think it will take 25-30 years for bitcoin to take hold are absolutely mental in my opinion.
Do you people not remember how quickly the the internet transformed purchasing and absolutely destroyed most brick and mortar outfits within 3-5 years? No, I remember ARPAnet which started in 1969. 25 years is 1994, the year the web started. 5 years after that (1999) you pretty much had to have a web site or you were out of business. So...30 years. How quickly did netflix put all video stores out of business? I fondly remember going to the video store to rent movies... it was only 2-3 years ago! But Netflix started in 1997 (I was a member when they had only 50 titles on DVD and half of them were IMAX movies). Some Blockbusters closed THIS YEAR. That's 17 years. from 2007 with the first iphone / android phones to 2014 where everyone has a smartphone / iphone. Also cell phone adoption... When I entered high school in 1999, 1% of kids maybe had a cell phone if any.. by the time my little sister graduated in 2005, every kid had a cell phone. I think that will be the speed at which this thing happens. 7 year boom. The first smartphone was the Samsung SPH-i300, (Palm PDA Phone) in 2001. That's 12-13 years before everyone has a smartphone. 25-30 years might be the range for TOTAL adoption.... but 80-90% of bitcoins major growth periods for bitcoin and bitcoin type technologies will happen within a decade, not a quarter of a century.
I think you are severely overestimating how far along bitcoin is right now. For full adoption, bitcoin has to look very different. |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
|
|
|
|
SlipperySlope
|
|
May 31, 2014, 05:04:57 AM |
|
Did rpietila check out?
I heard rumors he is on a cruise. Not sure if that is true but I would love an update. I am curious if he thinks we are still looking at the new ATH for August or are we back to thinking it is going to be late July. I shall soon begin recording the price doubling times. In the past, bitcoin when the price doubles in a week or less, then the peak is very close. What I anticipate, based upon the June 2011, April 2013 and November 2013 bubbles . . . The low recorded in the collapse of the November 2013 bubble - $340 First doubling - $680 (June) Second doubling - $1360 (July) Third doubling - $2720 (July) Fourth doubling - $5440 (I think the late July peak will be near this value) Fifth doubling - $10880 (probably will not happen unless the peak is in the fall) |
|
|
|
|
|
snowdropfore
|
|
May 31, 2014, 05:59:57 AM |
|
i will be happy with four doubling
|
|
|
|
sgbett
Legendary
Offline
Activity: 2576
Merit: 1087
|
|
May 31, 2014, 10:44:56 AM |
|
i will be happy with four doubling
I'd be pretty much wetting my pants  |
"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
|
|
|
zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
|
|
May 31, 2014, 11:38:03 AM |
|
I was checking the neural network predictions: http://www.btcpredictions.com/Indicates stability in 600-620 region for next 10-11 days then drops off a cliff  The neural network between your ears works much better. ye, i once tried some very advanced market-analyzing computer on bitcoin and it kept saying it would crash to 0 within weeks. Bitcoin is just too different for normal analyzing tools to understand it. |
|
|
|
|
dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
|
|
May 31, 2014, 12:05:01 PM |
|
i will be happy with four doubling
I'd be pretty much wetting my pants I would quit my job |
|
|
|
|
|
TERA
|
|
May 31, 2014, 12:50:16 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
|
|
|
|
|
|
pinksheep
|
|
May 31, 2014, 12:55:18 PM |
|
A price of above $840,000 by July 1 2017 is one of the most optimistic predictions I have seen. In percentage terms, how likely do you think it is that that will happen?
You just skipped over my optimistic prediction of $3,700,000 by July 1 2017. Remember that EVERYONE that predicted until now the price for more than a year into the future has severely undershot their numbers. Apologies  I could certainly live with your prediction, but I don't think it'll happen. Hope I'm wrong though |
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
|
|
|
zakalwe
|
|
May 31, 2014, 12:55:51 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
Bear anxiety lol...... I'll never understand people like these. Who pays them to be haters? Anyway, we'll see. And it's not about being rich, it's about blockchain working and changing rules. But you can still dreaming on bitcoin to one cent and status quo not changing. Living in a world of fantasy it's free. |
|
|
|
|
|
TERA
|
|
May 31, 2014, 12:57:01 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
Bear anxiety lol...... I'll never understand people like these. Who pays them to be haters? Anyway, we'll see. And it's not about being rich, it's about blockchain working and changing rules. But you can still dreaming on bitcoin to one cent and status quo not changing. Living in a world of fantasy it's free. This posting makes no sense. Nowhere did I mention anything about a bear, a decline, or one cent. |
|
|
|
|
|
zakalwe
|
|
May 31, 2014, 01:01:04 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
Bear anxiety lol...... I'll never understand people like these. Who pays them to be haters? Anyway, we'll see. And it's not about being rich, it's about blockchain working and changing rules. But you can still dreaming on bitcoin to one cent and status quo not changing. Living in a world of fantasy it's free. This posting makes no sense. Nowhere did I mention anything about a bear, a decline, or one cent. Tera Tera......you are one of the most bear on this forum........anyway, I wish good luck to us all. Bears included We are all part of a changing. |
|
|
|
|
|
TERA
|
|
May 31, 2014, 01:01:21 PM |
|
Why is the mentality in this forum so bipolar and assumptive? It's like you either believe in $0.00001 or $1,000,000,000,000 and if you don't believe in one of them then you must believe in the other - there is no inbetween.
|
|
|
|
|
|
TERA
|
|
May 31, 2014, 01:02:46 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
Bear anxiety lol...... I'll never understand people like these. Who pays them to be haters? Anyway, we'll see. And it's not about being rich, it's about blockchain working and changing rules. But you can still dreaming on bitcoin to one cent and status quo not changing. Living in a world of fantasy it's free. This posting makes no sense. Nowhere did I mention anything about a bear, a decline, or one cent. Tera Tera......you are one of the most bear on this forum........anyway, I wish good luck to us all. Bears included We are all part of a changing. You assume I am a permanent bear now because I traded a 5 month long bear market but you are wrong. |
|
|
|
|
|
zakalwe
|
|
May 31, 2014, 01:05:57 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
Bear anxiety lol...... I'll never understand people like these. Who pays them to be haters? Anyway, we'll see. And it's not about being rich, it's about blockchain working and changing rules. But you can still dreaming on bitcoin to one cent and status quo not changing. Living in a world of fantasy it's free. This posting makes no sense. Nowhere did I mention anything about a bear, a decline, or one cent. Tera Tera......you are one of the most bear on this forum........anyway, I wish good luck to us all. Bears included We are all part of a changing. You assume I am a permanent bear now because I traded a 5 month long bear market but you are wrong. Ok I'm wrong. If you say so.... Let me hear a loud "CHOO CHOO MOTHERFUCKER!!!!!!" Come on you can do it!! Go go go!!  |
|
|
|
|
|
TERA
|
|
May 31, 2014, 01:16:54 PM |
|
|
|
|
|
|
|
zakalwe
|
|
May 31, 2014, 01:25:13 PM |
|
Wooooohooooooo!!!!! *high five* *pogues* *hugs* |
|
|
|
|
dnaleor
Legendary
Offline
Activity: 1470
Merit: 1000
Want privacy? Use Monero!
|
|
May 31, 2014, 01:59:21 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
there is nothing wrong with hoping you will live on bitcoin for the rest of your live. I would be fully availible for the cause: I would spread anarchism and try to code/help with projects. Try to increase adoption, etc. |
|
|
|
|
inca
Legendary
Offline
Activity: 1176
Merit: 1000
|
|
May 31, 2014, 02:29:22 PM |
|
I'd like to take a moment to remind everyone that the future is not written in stone and we are not all destined to be the super mega wealthy elite for doing nothing.
How do you know? |
|
|
|
|
|
