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Author Topic: When do you think Bitcoin will go back to $1,000? And some worries  (Read 8396 times)
bitcoinsrus (OP)
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February 12, 2014, 05:37:04 PM
 #1

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

(side question, if knc comes out with a new machine next year what do you think the hashrate will be and what
do you think it will be called ex: knc 5 th uranus)
kolev
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February 12, 2014, 05:51:25 PM
 #2

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

(side question, if knc comes out with a new machine next year what do you think the hashrate will be and what
do you think it will be called ex: knc 5 th uranus)
Not anytime soon - only after the general public starts buying, which we don't see happening.

Bitrated user: nikolay.
crypto2k
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February 12, 2014, 05:51:45 PM
 #3

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

(side question, if knc comes out with a new machine next year what do you think the hashrate will be and what
do you think it will be called ex: knc 5 th uranus)

Im sure every one of us wondered about that too - LOL Im optimistic that it will go up back where it was.  Grin
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February 12, 2014, 06:57:31 PM
 #4

When will BTC go back to $1,000?
What even needs to happen to trigger this (another nation taking this up)

It is hard to predict but I am confident that it will rise to over $1000 by the end of the year. Increasing adoption will drive the price up.

What will happen to bitcoin when scrypt miners for LTC come out and raise the difficulty level?
Will this negatively/positively affect bitcoin?

I don't think there will be much of an effect on bitcoin prices, but it will kill the alt coin mining industry. Some alt coin owners may dump there coins and buy bitcoins.

What about the knc/cointerra machines coming out soon (how will the rising difficulty affect
the price of BTC)

Difficulty has no direct affect on price. There may be some minor indirect effects such as miners losing interest when the difficulty rises and selling their bitcoins.

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February 12, 2014, 07:09:17 PM
 #5

Most likely in month or two.  When people realize that Bitcoin is not "dead" as some press seem to post everytime we have a crash at all in price and that this supposed "bug" is not as big of an issue as it was made out to be, then renewed confidence will return and with a new bottom price being around $650 or so it is a very bullish sign.  With all the bad press we had that is the lowest we went to?  The demand is gaining and I have great confidence we will reach an ATH within a couple months and very likely $10,000 by the end of the year.

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peonminer
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February 12, 2014, 07:16:07 PM
 #6

FUD everywhere!!! $5 price inbound!



muahahahah now I can buyy in again *twiddles fingers like Mr. Burns*
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February 12, 2014, 08:03:06 PM
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Most likely in month or two.  When people realize that Bitcoin is not "dead" as some press seem to post everytime we have a crash at all in price and that this supposed "bug" is not as big of an issue as it was made out to be, then renewed confidence will return and with a new bottom price being around $650 or so it is a very bullish sign.  With all the bad press we had that is the lowest we went to?  The demand is gaining and I have great confidence we will reach an ATH within a couple months and very likely $10,000 by the end of the year.

I agree with the part about $1,000 in a few months, but $10,000 by the end of the year? For what it's worth, I hope you're right. Grin
thedarksun
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February 12, 2014, 08:05:25 PM
 #8

When china news came out and the priced dumped to 450, it took a month for the price to nearly return to 1000dollars again.
If we consider the last days of a crash then maybe in a month we will be back at 1000 granted no other bad news come out
peonminer
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February 12, 2014, 08:06:14 PM
 #9

I honestly think we will see $100-$300 again soon... When gold hits $1450-$1500 then we will see BTC surpass $1,200.00
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February 12, 2014, 09:14:07 PM
 #10

I honestly think we will see $100-$300 again soon... When gold hits $1450-$1500 then we will see BTC surpass $1,200.00

why do you think the price of bitcoin and gold are related?

nobbynobbynoob
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February 12, 2014, 09:16:36 PM
 #11

I honestly think we will see $100-$300 again soon... When gold hits $1450-$1500 then we will see BTC surpass $1,200.00

$300 is pretty bearish TBH. My trigger for selling my soul - and possibly even my gold - to stack extra bitcoin will likely be triggered at a minimum well above that, barring extraordinary bad news (i.e. protocol collapse).

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Jungian
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February 12, 2014, 10:38:57 PM
 #12

2015

I think Monero (XMR) is very interesting.
https://moneroeconomy.com/faq/why-monero-matters
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February 13, 2014, 08:57:33 AM
 #13

Before yes, I thought we might. But Bitcoin seem to be having allot of problems, at least in the public side of it. We have the Bitcoin foundation, 2nd in command who is CEO of Mt.Gox, as a Bored Member.

I think we are going down, hopefully not I do have allot in stake.
malace
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February 13, 2014, 10:11:34 AM
 #14

Hoping bit coin price will start moving up it is very low a ATM.

Cyberlight
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February 13, 2014, 10:47:26 AM
 #15

Before spring 2014 , at the end of the year we see at least 8k.
Mythul
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February 13, 2014, 11:19:11 AM
 #16

Or maybe next week. This is bitcoin, it can go from -1 to 1000 in one day.
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February 13, 2014, 03:19:55 PM
 #17

currently, the being may be bounced back to 800 usd first.

if that happened, then muhahahaha
Jcw188
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February 13, 2014, 06:01:26 PM
 #18

Who knows?  I don't think anyone seriously thought it would go below $600 a couple weeks ago, and 1 year ago no one thought it would be $1k.  As long as it doesn't totally crash and no one use it anymore, it will have a decent value.



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horseman
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February 14, 2014, 03:07:58 AM
 #19

I think it will get more stabilized and hit $700 in a few weeks to a month
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February 14, 2014, 03:21:23 AM
 #20

I think it will get more stabilized and hit $700 in a few weeks to a month
I just think it would be great if people stopped dumping, at this point I would even welcome $700 which would be huge lose
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