podyx
Legendary
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Activity: 2338
Merit: 1035
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February 15, 2014, 06:59:21 PM |
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peak of $5k EASILY
i think we will see a stable price of $5k to but we might see dips down to $3, 4k
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technocoma
Newbie
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Activity: 56
Merit: 0
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February 15, 2014, 06:59:46 PM |
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Top of the 2014 bubble could be 5k, but those prices can only be sustained for a few days. Then we will crash hard to 2k as a return to normal. Bitcoin is a perpetual bubble machine.
Wouldn't be bitcoin if we didn't have a roller coaster of a graph  |
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Cyberlight
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February 15, 2014, 07:46:21 PM |
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Top of the 2014 bubble could be 5k, but those prices can only be sustained for a few days. Then we will crash hard to 2k as a return to normal. Bitcoin is a perpetual bubble machine.
A bubble of 50 k seems more logical, then back to 25k. 100% to 200% growth in one year is totally illogical... 2014 will be booming. |
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mp420
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February 15, 2014, 09:14:00 PM |
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Possible, yes. Likely, no.
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Einewton
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February 16, 2014, 02:42:19 AM |
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I can see BTC at $1000, While LTC at $250 January 2015.. Then a huge spike in 2015.
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-= Got BitCoin? =-
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TERA
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February 16, 2014, 03:15:10 AM |
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BTC will only ever reach a level like 5000 if the exchange system is seriously improved. There needs to be a reputable exchange in the United States, that everyday people can use that has the backing of regulation and insurance so that nobody has any fears about using it. Maybe integration with bank accounts like that bank in Africa. Also we'd probably need to see the U.S. federal government come out and officially recognize BTC as legal tender.
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Siegfried
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February 16, 2014, 03:30:59 AM |
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BTC will only ever reach a level like 5000 if the exchange system is seriously improved. There needs to be a reputable exchange in the United States, that everyday people can use that has the backing of regulation and insurance so that nobody has any fears about using it. Maybe integration with bank accounts like that bank in Africa. Also we'd probably need to see the U.S. federal government come out and officially recognize BTC as legal tender.
Is there any reason to think the exchange system will not be seriously improved? I agree about the need for insurance. Andreas had some great comments about this on The Bitcoin Group #17. I disagree about the need for the U.S. government to officialy recognize it as legal tender, which will never happen anyway. Not banning it would be sufficient to allow for continued growth. Banning it would be unconstitutional and the Tea Party would for once do something good and prevent Obama from doing it. |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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February 16, 2014, 04:08:58 AM |
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I can see BTC at $1000, While LTC at $250 January 2015.. Then a huge spike in 2015.
it could get to the 1000 area in an afternoon next week if conditions were right, not that they're likely to be. i am very intrigued to see what litecoin will do this year. it's possible it'll drown in a sea of alts or perhaps it'll get an economy of its own going. |
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Einewton
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February 16, 2014, 04:51:01 AM |
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Gentlemand, Yeah... I can see LTC going either way.. ZipZap said that in their first batch of thousands of ATM's are going to sell BTC/LTC.. This will let people buy LTC easily.
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-= Got BitCoin? =-
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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February 17, 2014, 05:49:58 PM |
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The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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CryptoPanda (OP)
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February 17, 2014, 05:50:46 PM |
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The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Much less than 1% of the world owns bitcoins actually |
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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February 17, 2014, 05:56:14 PM |
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The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Yup. I can't move for Bitcoin this and Bitcoin that where I am. I got so sick of people giving them to me that I went back to fiat. Everyone laughs at me and says it's a ponzi scheme but I have faith in its future. |
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Dafar
Legendary
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Activity: 1330
Merit: 1000
dafar consulting
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February 17, 2014, 06:38:09 PM |
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The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Not sure if this guy is serious |
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CryptoPanda (OP)
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February 17, 2014, 06:43:04 PM |
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yup probably joking but with very serious voice |
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Cyberlight
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February 17, 2014, 06:48:03 PM |
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The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Much less than 1% of the world owns bitcoins actually 0.014084 % max now with an increase of 14 million wallets in 2014 we get 0.211267 % ... still nothing Imagine several percent , the growth potential is enormous |
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CryptoPanda (OP)
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February 17, 2014, 06:51:29 PM |
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The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Much less than 1% of the world owns bitcoins actually 0.014084 % max now with an increase of 14 million wallets in 2014 we get 0.211267 % ... still nothing Imagine several percent , the growth potential is enormous cool data, how do you got to it? do we have reliable estimate on the current bitcoin users? |
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Cyberlight
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February 17, 2014, 06:57:48 PM |
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The market is already oversaturated. Practically everyone in the world now owns bitcoins. There is nowhere to go but down.
Much less than 1% of the world owns bitcoins actually 0.014084 % max now with an increase of 14 million wallets in 2014 we get 0.211267 % ... still nothing Imagine several percent , the growth potential is enormous cool data, how do you got to it? do we have reliable estimate on the current bitcoin users? We have max 1 million users currently (between 500,000 and 1 million) so 1 million : 7.1 billion |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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February 17, 2014, 07:02:02 PM |
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bill gates alone could probably push the price up to $20k-30k lol creating some wealth for others  |
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CryptoPanda (OP)
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February 17, 2014, 07:02:50 PM |
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yes i see
1 million really is nothing
if 1 million can drive the price to $1000 i can't imagine what will happen if it gets the adoption rate of credit cards or mobile phones.
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JimboToronto
Legendary
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Activity: 4018
Merit: 4505
You're never too old to think young.
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February 17, 2014, 07:14:21 PM |
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is it possible to try to ban straight up trolls, please!! (not OP just fucking lame trolls in general)
As annoying as lame trolls like Fonzie, MatTheCat, Revans and Bitcoinlitcoinbtcltc might be, even they have a right to their ridiculous opinions. You have the right to either put them on ignore or gain entertainment by laughing at their stupidity and ignorance. |
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