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Author Topic: By December 31st, 2014 we will have touched $5000/BTC  (Read 5318 times)
smoothie (OP)
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February 22, 2014, 04:57:13 AM
 #1

By December 31st, 2014 we will have touched $5000/BTC


Could I be right once again???  Grin Grin Grin

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February 22, 2014, 04:58:37 AM
 #2

well, that would be nice  Grin

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February 22, 2014, 06:02:18 AM
 #3

I guess if I remember I will dig this thread up, otherwise I'm sure someone will find it and necro it.

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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fallinglantern
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February 22, 2014, 06:03:08 AM
 #4

btctrend.py (based on rpietila's formula) says 6519.44 for Dec 31, 2014. I'm thinking probably.
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February 22, 2014, 06:14:01 AM
 #5

That's not much of a prediction.

Look inside yourself, and you will see that you are the bubble.
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February 22, 2014, 06:22:10 AM
 #6

That's not much of a prediction.

Okay please make a prediction and show me how to make one.

Despite all of the correct ones I have had. I'm willing to hear you out. Teach me o wise one.  Cheesy

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February 22, 2014, 06:26:58 AM
 #7

That's not much of a prediction.

Okay please make a prediction and show me how to make one.

Despite all of the correct ones I have had. I'm willing to hear you out. Teach me o wise one.  Cheesy

You can't always be right, the momentum is dead. Even Goldman Sachs released a new study saying crypto is shitty investment and is all hype that makes no sense. Doesn't really offer anything and current systems can be easily upgraded to match all features of bitcoin

I can make predictions in a bull market and always look like a prophet. But the bitcoin bull market is over .

$5000 won't happen and if does I'll give u my hot girlfriend that I posted about earlier u can view her in off topic.

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February 22, 2014, 06:35:25 AM
 #8

I agree with the OP. Legit  Cheesy
I think $5000 will be eventually reached. Bitcoin either goes main stream or it dies. I do not see a middle solution.
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February 22, 2014, 06:53:39 AM
 #9

I agree with the OP. Legit  Cheesy
I think $5000 will be eventually reached. Bitcoin either goes main stream or it dies. I do not see a middle solution.

The middle solution is what you have now: a "steady" rise in value and visibility. The other 2 extremes seem more unlikely to me, as much as I would like to see it going mainstream as soon as possible.

EDIT:

[...]

$5000 won't happen and if does I'll give u my hot girlfriend that I posted about earlier u can view her in off topic.

I don't know about $5000, but you're not very attached to your hot girlfriend, are you?  Tongue
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February 22, 2014, 07:01:16 AM
 #10

That's not much of a prediction.

Okay please make a prediction and show me how to make one.

Despite all of the correct ones I have had. I'm willing to hear you out. Teach me o wise one.  Cheesy

You can't always be right, the momentum is dead. Even Goldman Sachs released a new study saying crypto is shitty investment and is all hype that makes no sense. Doesn't really offer anything and current systems can be easily upgraded to match all features of bitcoin

I can make predictions in a bull market and always look like a prophet. But the bitcoin bull market is over .

$5000 won't happen and if does I'll give u my hot girlfriend that I posted about earlier u can view her in off topic.

Dont make empty promises lol.

You are on haha!

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February 22, 2014, 07:07:15 AM
 #11

By December 31st, 2014 we will have touched $5000/BTC


Could I be right once again???  Grin Grin Grin
yeah hopeso
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February 22, 2014, 07:07:36 AM
 #12

Could somebody give me a quote on cosmofly's girlfriend in BTC so we can bet using BTC instead?

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February 22, 2014, 07:18:55 AM
 #13

Could somebody give me a quote on cosmofly's girlfriend in BTC so we can bet using BTC instead?

0.001337 BTC?

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February 22, 2014, 07:38:41 AM
 #14

Could somebody give me a quote on cosmofly's girlfriend in BTC so we can bet using BTC instead?

0.001337 BTC?

Oh mate that hurts

This heavenly beauty is worth a lot more


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February 22, 2014, 07:47:31 AM
 #15

I'm quoting you prices in year 2017 then lol.  Cheesy

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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February 22, 2014, 07:48:17 AM
 #16

I agree with the OP. Legit  Cheesy
I think $5000 will be eventually reached. Bitcoin either goes main stream or it dies. I do not see a middle solution.

The middle solution is what you have now: a "steady" rise in value and visibility. The other 2 extremes seem more unlikely to me, as much as I would like to see it going mainstream as soon as possible.

EDIT:

[...]

$5000 won't happen and if does I'll give u my hot girlfriend that I posted about earlier u can view her in off topic.

I don't know about $5000, but you're not very attached to your hot girlfriend, are you?  Tongue

I am, but it shows you how much confidence i have in smoothie's prediction failure.

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February 22, 2014, 08:00:15 AM
 #17

Time will tell if I am wrong.

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bangersdad
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February 22, 2014, 08:09:27 AM
 #18

I think the question of BTC being worth $5000 or more is a no brainer - but i think it maybe far slower than the OP states.

The infrastructure behind BTC is just too much in its infancy. Once/If we have stable, trusted decentralised exchanges established, things will change.

Until this happens we will have many more peaks and troughs along the way.

Far too many people bought into BTC in the $1000 frenzy we had last year - and they all seemed to have such an unrealistic understanding of BTC - treating it as a guaranteed ticket to profits....its still a baby at the moment and will have many tantrums along the way.

These weak hands need shaking out!

But i have managed to loosen my addiction of checking btc prices daily - as long as the blockchain is working and the protocol is secure then i am happy. whenever my friends ask me "how is bitcoin doing today" and what they really mean is "how much is btc valued at today" and my answer is always "btc is doing great - satoshi is a genius" no matter what the price is doing.

having a fundamental belief in btc is what gives me strength.....i do not care what manipulators and the media and market are doing to its price...nor does the honeybadger.
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February 22, 2014, 08:26:12 AM
 #19

I think the question of BTC being worth $5000 or more is a no brainer - but i think it maybe far slower than the OP states.

The infrastructure behind BTC is just too much in its infancy. Once/If we have stable, trusted decentralised exchanges established, things will change.

Until this happens we will have many more peaks and troughs along the way.
...

Many said the same thing when predictions of $100 or even $1000 were made.


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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
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February 22, 2014, 08:38:27 AM
 #20

I think the question of BTC being worth $5000 or more is a no brainer - but i think it maybe far slower than the OP states.

The infrastructure behind BTC is just too much in its infancy. Once/If we have stable, trusted decentralised exchanges established, things will change.

Until this happens we will have many more peaks and troughs along the way.
...

Many said the same thing when predictions of $100 or even $1000 were made.



I'm not going to commit like Smoothie did, but I do think the fundamentals are coming together. While many have decried the slow adoption of bitcoin, I think it was probably good for it, as now the network is so strong that no entity could really derail it without being brutal and open, if at all.

So, now it's time to get it functional at the retail level. This is doable. We need to get something similar to Visa for Point of Sale in BTC. Being actually Visa would be even better, but one thing at a time.

Despite what some have said, it's not that Bitcoin settles slower than credit cards, it's that it don't have credit cards. Credit cards make a near instant transaction LEDGER, but settle days to weeks later. Bitcoin could easily have such a system, and it would or at least could settle inside of an hour. When that comes about, the value will likely skyrocket, and 5k will be chickenfeed.

Another wildcard is California voting to make bitcoin a form of legal tender. Cali can break or boost anything. That culture has a lock on bizarre.
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