Over 70BTC bet that Bitcoin will be $10,000 by end of 2014

[Lauda]

1/4 of 2014 has already passed. This isn't a smart bet, as we would need a really major event for such a price increase.

Not quite a 100% fact though LaudaM very likely though that it will not be 10K

Guess an annotation is do you think Bitcoin can reach the utility level of google this year
http://www.zerohedge.com/news/2014-03-12/complete-annotated-price-history-bitcoin

http://venturebeat.com/2013/11/27/bitcoin-was-worth-10-a-year-ago-today-its-worth-1000/

So a lot can happen in one year of course now its 500-600
So that 1000% Movement probably won't be replicated this year but the year is young

Also relating to my previous post based a bit on this
https://www.tradingview.com/v/7YEmxS3K/

Well I'm not saying that it won't happen, but the chances are very slim.

[1715053851]

1715053851

[1715053851]

1715053851

[rohnearner]

The exchange rate of btc on this point of time is 525$/btc..! I would be more then happy if bitcoin stabilizes around 1k$-2.5k$  by the end of 2014. the chances of btc hitting the 10k mark is asking for too much but we never know with bitcoin everything is possible .

[Malin Keshar]

Considering that some Mr 102 made a big buy and dropped the price to $102 this year, it is possible that we have a reverse mr 102 during a rise and hit the $10000. But I doubt we stay in the 10000 for more than a few seconds. I would be really happy if we come back to $1000

[Swordsoffreedom]

1/4 of 2014 has already passed. This isn't a smart bet, as we would need a really major event for such a price increase.

Not quite a 100% fact though LaudaM very likely though that it will not be 10K

Guess an annotation is do you think Bitcoin can reach the utility level of google this year
http://www.zerohedge.com/news/2014-03-12/complete-annotated-price-history-bitcoin

http://venturebeat.com/2013/11/27/bitcoin-was-worth-10-a-year-ago-today-its-worth-1000/

So a lot can happen in one year of course now its 500-600
So that 1000% Movement probably won't be replicated this year but the year is young

Also relating to my previous post based a bit on this
https://www.tradingview.com/v/7YEmxS3K/

Well I'm not saying that it won't happen, but the chances are very slim.

I agree very slim but the risk could be worth it since its a gamble after all
Then again the No side gives you 17% more Bitcoins than you had originally so hedge lol

[keithcpaulk]

No this will not happen in this year. May be it reach $1000 but not 10000.A nice 65% return if you take no bet.

[rohnearner]

No this will not happen in this year. May be it reach $1000 but not 10000.A nice 65% return if you take no bet.

why take risk in gambling when you can just make money by keeping your btc in your wallet..!

[Icardi09]

Considering that some Mr 102 made a big buy and dropped the price to $102 this year, it is possible that we have a reverse mr 102 during a rise and hit the $10000. But I doubt we stay in the 10000 for more than a few seconds. I would be really happy if we come back to $1000

you're right
if BTC suddenly hit $10k
all of BTC holder will drop their BTC and go to bahamas for vacation

[Lauda]

you're right
if BTC suddenly hit $10k
all of BTC holder will drop their BTC and go to bahamas for vacation

I wouldn't sell mine.

[jiosefjd]

insane.

[boumalo]

10,000$ before the end of November 2014 will not be that easy to achieve but it is possible

Betting 1 BTC pays: 4.34275277 BTC if the price is 10,000$ or more on Bitstamp, it's tempting but I think I would need better odds

[zolace]

A healthy and safe growing for bitcoin will be if it reach $2000 by the end of 2014.Reaching from almost $600 to $10.000 in 9 months is kinda risky and too fast.The slow growing is the key to success !!!!!

[kuroman]

A one way to start the rise of bitcoin, is that MTGOX issue get solved, the second thing would be, regulation issues are solved, and that bitcoin is not endangered by plain bans in some areas, taxing bitcoin is logical and some might not like it but I find it normal that people get taxed of what they own and they earn, and some are trying to do fiscal fraud, and tax evasion using bitcoin.

[Kiki112]

A one way to start the rise of bitcoin, is that MTGOX issue get solved, the second thing would be, regulation issues are solved, and that bitcoin is not endangered by plain bans in some areas, taxing bitcoin is logical and some might not like it but I find it normal that people get taxed of what they own and they earn, and some are trying to do fiscal fraud, and tax evasion using bitcoin.

something like that, but we shuould be more like the dogecoin community

for example raise a foundation to return bitcoins lost on MtGox = faith in bitcoin restored, massive media coverage,publicity, price goes up

[kuroman]

A one way to start the rise of bitcoin, is that MTGOX issue get solved, the second thing would be, regulation issues are solved, and that bitcoin is not endangered by plain bans in some areas, taxing bitcoin is logical and some might not like it but I find it normal that people get taxed of what they own and they earn, and some are trying to do fiscal fraud, and tax evasion using bitcoin.

something like that, but we shuould be more like the dogecoin community

for example raise a foundation to return bitcoins lost on MtGox = faith in bitcoin restored, massive media coverage,publicity, price goes up

While it is a good idea, it will be impossible to do such a thing for the simple reason, that the last amount of BTC by MTGOX is just unrecoverable, it's impossible to raise 600k-800k BTCs...

[dotcom]

http://bitbet.us/bet/635/1btc-10-000-usd/

Which side do you think is right?

It's tough to predict so early, but I'm quite sure it won't be $10,000 for at least a few years.

$10,000? I highly doubt it.

If it were $2-3,000 that would still be a risky bet, but atleast plausible.

[rmines]

I also don't think it will make 10 000$ by the end of the year.
2000$ would be a more realistic scenario in my opinion.

I find it however remarkable and funny to see people are more pessimistic now than a few weeks ago, last time I made this remark people were laughing with my bearish attitude.

[Swordsoffreedom]

you're right
if BTC suddenly hit $10k
all of BTC holder will drop their BTC and go to bahamas for vacation

I wouldn't sell mine.

I probally wouldn't either do some cash ins from signature ads as a reward to self and keep holding the rest
(That and level up wallet security a few more gages in natural fear and paranoia)

[boumalo]

you're right
if BTC suddenly hit $10k
all of BTC holder will drop their BTC and go to bahamas for vacation

I wouldn't sell mine.

I probally wouldn't either do some cash ins from signature ads as a reward to self and keep holding the rest
(That and level up wallet security a few more gages in natural fear and paranoia)

That is exactly what I will do myself

It all depends if you have 20BTC or 1.28765567BTC; 10,000$ is sweet but if you have 0.7-3BTC it doesn't change your life, it is a just nice result

[kingaltcoins]

btc $ 3000 by end 2014
ltc  $ 100  by end 2014

[epplercharles]

easy money for those who bet against $10000 price. It is already march end. In eight  months the bitcoin price will not soar to $10k.