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Question: What will be bitcoin's all time high?
We already saw it in novemeber - 11 (6.7%)
$1500 - $5000 per coin - 13 (7.9%)
$5000 - $25,000 per coin - 31 (18.9%)
$25,000 - $100,000 per coin - 27 (16.5%)
$100,000 - $1,000,000 per coin - 66 (40.2%)
$1,000,000+ - 16 (9.8%)
Total Voters: 164

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Author Topic: [POLL] - Predict Bitcoin's all time high  (Read 2110 times)
Timetwister
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January 25, 2014, 07:22:32 PM
 #21

I would be happy with $10.000 but cant imagine that it will happen. But then again, as it was $200 I was not able to imagine $1.000... Lets see what will happen. I changed 60% of my FIAT to BTC.

You are crazy if that means that 60% of your savings are in BTC.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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aminorex
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January 25, 2014, 07:29:42 PM
 #22

it is going to tough to have significant buy support

math is hard.  let's go shopping

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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January 25, 2014, 07:30:29 PM
 #23

You are crazy if that means that 60% of your savings are in BTC.

Crazy?  Try 140% for a while.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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January 25, 2014, 07:35:20 PM
 #24

I have to think that a lot of people losing money in the stock market may be unable or unwilling to get into BTC now and in the near future. They've lost their shirts and will have to adjust before embracing a risky thing like BTC. Ultimately BTC will prevail, but there could be a slowing of new money into the economy for a bit while people recover their ground. They will see the value of BTC all the more through their fiat-based losses, but they may not be able to spend any money at all for a while.

Or maybe they will finally realize that risk and volatility are two totally different things on a human discounting horizon, and decide that its better to be rich and autonomous than to be a poor slave.

It could happen.  Not likely, I admit, but possible.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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January 25, 2014, 09:18:58 PM
 #25

I would be happy with $10.000 but cant imagine that it will happen. But then again, as it was $200 I was not able to imagine $1.000... Lets see what will happen. I changed 60% of my FIAT to BTC.

You are crazy if that means that 60% of your savings are in BTC.


Um.. I must be insane because I already converted 100% of mine into BTC even when I have credit card debt




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chessnut
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January 25, 2014, 09:33:38 PM
 #26

I would be happy with $10.000 but cant imagine that it will happen. But then again, as it was $200 I was not able to imagine $1.000... Lets see what will happen. I changed 60% of my FIAT to BTC.

You are crazy if that means that 60% of your savings are in BTC.


Um.. I must be insane because I already converted 100% of mine into BTC even when I have credit card debt

I invested 20% of my fiat into bitcoin........ now I guess it must be around about 99%

eiskalt
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January 25, 2014, 11:39:09 PM
 #27

This poll confirms contrarian perspective.

Shotr bitcoin into the abyss of 2$.
UnDerDoG81
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January 26, 2014, 02:27:08 AM
 #28

I would be happy with $10.000 but cant imagine that it will happen. But then again, as it was $200 I was not able to imagine $1.000... Lets see what will happen. I changed 60% of my FIAT to BTC.

You are crazy if that means that 60% of your savings are in BTC.

Yes it means 60% of my savings. But I was too late, was thinking to do that on april 2013 but only invested 10% @$200 and now 50% @$750...  Undecided
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January 26, 2014, 02:35:30 AM
 #29

I guess around 50000 USD, maybe a spike towards 100000 USD.

All those numbers in CURRENT USD (not future inflated USD)

edit: >70% of my savings (at current prices) are in BTC and I am feeling well Smiley
I am even planning to put my future savings in BTC and PM also. I do not need fiat unless for my daily expenses Wink
Timetwister
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January 26, 2014, 08:37:18 AM
 #30

I invested 20% of my fiat into bitcoin........ now I guess it must be around about 99%

If your fiat part hasn't changed, that means you bought at about $2. Congratulations!
Timetwister
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January 26, 2014, 08:38:44 AM
 #31

I really hope those of you with high percentages of your savings in BTC are a small number of people...
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