AMA you want about bitcoins!

[gweedo]

You are new, have questions ask them here, I will answer anything about bitcoins. You looking to run a business ask your questions here.

[evgamine]

when will it reach 10,000 dollars?

[gweedo]

Should you invest long term or short term (day / week trade) to maximize the most profit?

EDIT: Also, why isn't litecoin going to 1/4 bitcoin? It's stuck around 20.

Long term, I been long term, only taking out bitcoins to pay huge bills.

I don't know I think it has to do with that exchange that was faking trades, I am not update on litecoin news as much as bitcoins.

[gweedo]

when will it reach 10,000 dollars?

By the end of this year, I think we are going to get to a point where companies will be jumping on aboard left and right just pushing us higher and higher.

[Welsh]

when will it reach 10,000 dollars?

By the end of this year, I think we are going to get to a point where companies will be jumping on aboard left and right just pushing us higher and higher.

Do you think it will get any higher? 

[gweedo]

when will it reach 10,000 dollars?

By the end of this year, I think we are going to get to a point where companies will be jumping on aboard left and right just pushing us higher and higher.

Do you think it will get any higher? 

I think the point at which we are saying bitcoin is too high for me would be $100,000 a coin. That is when I will be like that is our peek. I doubt bitcoins could go to $1million but I hope I am wrong . I am longing bitcoin until I am dead or bitcoin is worth $0 even then I probably keep using it unless it had some flaw.

[Welsh]

I think the point at which we are saying bitcoin is too high for me would be $100,000 a coin. That is when I will be like that is our peek. I doubt bitcoins could go to $1million but I hope I am wrong . I am longing bitcoin until I am dead or bitcoin is worth $0 even then I probably keep using it unless it had some flaw.

Very optimistic, I hope you indeed right. I also want to keep using Bitcoin, although I will be withdrawing around about 50% when the price is right.

[gweedo]

I think the point at which we are saying bitcoin is too high for me would be $100,000 a coin. That is when I will be like that is our peek. I doubt bitcoins could go to $1million but I hope I am wrong . I am longing bitcoin until I am dead or bitcoin is worth $0 even then I probably keep using it unless it had some flaw.

Very optimistic, I hope you indeed right. I also want to keep using Bitcoin, although I will be withdrawing around about 50% when the price is right.

Optimistic probably, but bitcoin is so amazing, I get giddy talking about it.

[R0yalAir]

Why is MT. Gox's price per Bitcoin is all the time higher than the price per BTC of similar exchanges ?

[gweedo]

Why is MT. Gox's price per Bitcoin is all the time higher than the price per BTC of similar exchanges ?

Because Mt. Gox takes a lot of time to withdraw USD. So they are creating an artificial higher demand due to people buying but not selling as much.