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Author Topic: Will bitcoin ever reach $1000 dollars again?  (Read 20652 times)
tuneman1980
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May 22, 2014, 06:08:53 PM
 #21

pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

http://cryptocoinstats.com/

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May 22, 2014, 06:27:14 PM
 #22

Short answer... Yes
How long will it take... your guess is as good as mine, there are a lot of factors to consider and recent indications shows a uptrend is a bout to begin... so watch this space
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May 22, 2014, 06:29:19 PM
 #23

pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

CharityAuction
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tuneman1980
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May 22, 2014, 06:35:33 PM
 #24

pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.

http://cryptocoinstats.com/

BTC: 19YQqtEdtuWhT6nk6ArBgMTiKMEjoJ5eww  LTC: Li1RLpZm8Rx7txSnQdvZvtLMsd4XDN2vMJ  FTC: 6qAU4vtyf9LPW4yV4m4Vx1jm4ZkXJHTFP7
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May 22, 2014, 06:38:51 PM
 #25

pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.

Interesting, thanks.  I'll definitely remember that number if we approach it anytime soon.

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May 22, 2014, 06:48:42 PM
 #26

Bitcoins is moved up mostly in long term period, This is not guarantee of course that it will do the same this time but it might specially with the relatively increased interest and press coverage.
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May 22, 2014, 06:53:01 PM
 #27

pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.

Interesting, thanks.  I'll definitely remember that number if we approach it anytime soon.

Take a look at the "Current Trend Price" on http://cryptocoinstats.com/priceforecaster.php
That's the price we should be at today if the price followed a perfect regression line.  In theory anytime we are below the line BTC is undervalued and above the line is a bubble.  That is, if everything else remains constant.

http://cryptocoinstats.com/

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May 22, 2014, 06:55:19 PM
 #28

pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

interesting. what is the significance of 742? tested support/resistance? fibonnacci levels? confluence?

edit: i seem to have missed a reply in there. Cheesy
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May 22, 2014, 07:04:33 PM
 #29

It will go to 10000 usd per coin considering it is still at early stage of bubble.

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May 22, 2014, 07:20:20 PM
 #30

pretty sure we will go far above and beyond $1000 given time. with everyone recently talking about another bubble beginning though, part of me doubts that it will happen for a while. Smiley

I don't think we're in a bubble until we cross $742.

Why $742 again?  Is that a historical or technical price to look for?

That's the number that I've come up with using regression analysis.
That iw q cool webaite. I have never seen it before. I think we are at the start of a bubble, but the price was at $600 only a couple months a go.

Interesting, thanks.  I'll definitely remember that number if we approach it anytime soon.

Take a look at the "Current Trend Price" on http://cryptocoinstats.com/priceforecaster.php
That's the price we should be at today if the price followed a perfect regression line.  In theory anytime we are below the line BTC is undervalued and above the line is a bubble.  That is, if everything else remains constant.
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May 22, 2014, 07:55:23 PM
 #31

Quote
Take a look at the "Current Trend Price" on http://cryptocoinstats.com/priceforecaster.php
That's the price we should be at today if the price followed a perfect regression line.  In theory anytime we are below the line BTC is undervalued and above the line is a bubble.  That is, if everything else remains constant.

These are very interesting charts. $6,543 in one year.. one can only hope   Smiley Bitcoin and litecoin will still be around, Im sure about that. Dogecoin forecast seems about right, I  dont think itll be used for much more than tipping.

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May 22, 2014, 08:05:05 PM
 #32

I have to think that bitcoin will have another major bubble and will pass $1k by a mile. HOWEVER, i also think that this bubble may be a little further off than a lot of people think..

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May 22, 2014, 08:28:19 PM
 #33

... It all depends on adoption so spread the word and get people talking and discussing bitcoin. ...

This.

Does it really matter if it reaches a 1000 dollar? Probably if you want to invest.
But if you believe in the idea behind Bitcoin, just use it as much as you can, and tell everybody about it.
If it's intrinsically good, than it will prevail.

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May 22, 2014, 08:53:35 PM
 #34

Sure, it will. Some predictions are that it will cost about $10 000. Smiley In 10 years. Smiley
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May 22, 2014, 08:58:48 PM
 #35

Sure, it will. Some predictions are that it will cost about $10 000. Smiley In 10 years. Smiley

Yes, and other predictions are that it will cost about $0. In 10 years.
Most of those predictions are based on nothing or gut feeling.
In my opinion, a 1000 people can make a 1000 predictions, and sure one of them is right.
But it all doesn't mean sh*t.

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May 22, 2014, 11:19:15 PM
 #36

I think we may see $1000 bitcoins again in the second half of the year. Right now we are in a consolidation phase. I reckon bitcoins will be trading in a range between $400 and $800 for a few months.


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May 22, 2014, 11:23:09 PM
 #37

I really believe that bitcoin will reach over 1000$ this year again,
But my friends say its to expensive already to jump in, so the price will never reach such hights again.
So i hope im right!
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May 22, 2014, 11:25:07 PM
 #38

I just don't feel that 2014 is he year of btcoin. We would need some massively good news so it would reach a big price again. But the whales pumping the market helped. Seems to be going up since then.

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May 23, 2014, 01:43:13 PM
 #39

The BTC is aiming at reaching 2000dollars at the end of the year. In the last 4days I ve seen 10percent rise in the price of the bitcoin, and now every time i open preev i see a rise of 5dollars. It is soon gonna touch 1000 Cheesy

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Sonny
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May 23, 2014, 04:25:19 PM
 #40

Does it really matter if it reaches a 1000 dollar? Probably if you want to invest.
But if you believe in the idea behind Bitcoin, just use it as much as you can, and tell everybody about it.
If it's intrinsically good, than it will prevail.

Very true.

But sadly, quite a proportion of people here have no interests in understand how cryptography and cryptocurrencies work, but only looking for "quick easy profits"...
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