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Author Topic: Will bitcoin ever reach $1000 dollars again?  (Read 20706 times)
CEG5952
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June 08, 2014, 08:13:04 PM
 #121

To be honest the 10k thread is more interesting right now! :>

$10k? It'll take a lot to get there. From the July bottom of the April 2013 bubble to the November 2013 top, it was about 19x. Same magnitude here puts us at about $6500. $10k is certainly not impossible in the not-so-far future, but we've built up a hell of a lot of resistance at the $1100 and below levels.

DolanDuck
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June 08, 2014, 08:18:21 PM
 #122

To be honest the 10k thread is more interesting right now! :>

1000$ is a realistic price and we will reach it in some months or sooner, 10000$ is still an ipothetical value which btc should have during 2015 or 2016.

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CEG5952
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June 08, 2014, 08:29:56 PM
 #123

To be honest the 10k thread is more interesting right now! :>

1000$ is a realistic price and we will reach it in some months or sooner, 10000$ is still an ipothetical value which btc should have during 2015 or 2016.

With bitcoin's volatility, there is no reason why we can't do it in 2014 (or why we wouldn't have to wait until 2020 either). Who knows? It's all pure speculation at this point.

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June 08, 2014, 08:53:46 PM
 #124

To be honest the 10k thread is more interesting right now! :>

1000$ is a realistic price and we will reach it in some months or sooner, 10000$ is still an ipothetical value which btc should have during 2015 or 2016.

Yet it will feel extremely good when the price hit 1000$ because optimism&positive news will come back

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June 08, 2014, 09:09:28 PM
 #125

To be honest the 10k thread is more interesting right now! :>

$10k? It'll take a lot to get there. From the July bottom of the April 2013 bubble to the November 2013 top, it was about 19x. Same magnitude here puts us at about $6500. $10k is certainly not impossible in the not-so-far future, but we've built up a hell of a lot of resistance at the $1100 and below levels.
Yes, that's why it's fun. 1000 is a value we've already reached before, and surely we will again.
CEG5952
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June 08, 2014, 09:19:14 PM
 #126

To be honest the 10k thread is more interesting right now! :>

$10k? It'll take a lot to get there. From the July bottom of the April 2013 bubble to the November 2013 top, it was about 19x. Same magnitude here puts us at about $6500. $10k is certainly not impossible in the not-so-far future, but we've built up a hell of a lot of resistance at the $1100 and below levels.
Yes, that's why it's fun. 1000 is a value we've already reached before, and surely we will again.

Well, nothing is set in stone! We still have plenty of people drawing charts to $260, $150, $50 and probably $0 as well, so you never know! Time will tell.

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June 08, 2014, 10:30:28 PM
 #127

At the end of the year bitcoin will surely go and surpass the 1000 mark.. too many merchant adoption incoming.
CEG5952
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June 08, 2014, 10:54:41 PM
 #128

At the end of the year bitcoin will surely go and surpass the 1000 mark.. too many merchant adoption incoming.

Incoming? Are there plans for more merchants to adopt that you have heard of? DISH is big, but that's got to be cooked into the price by now, I would have to think.

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June 09, 2014, 09:09:45 PM
 #129

At the end of the year bitcoin will surely go and surpass the 1000 mark.. too many merchant adoption incoming.

Incoming? Are there plans for more merchants to adopt that you have heard of? DISH is big, but that's got to be cooked into the price by now, I would have to think.

If Bitcoin gets big, big merchants will accept bitcoins

When the faith in fiat money will fade Bitcoin will rise even more and the percentage of the population that is geeky is going up every year

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June 09, 2014, 09:15:38 PM
 #130

At the end of the year bitcoin will surely go and surpass the 1000 mark.. too many merchant adoption incoming.

Incoming? Are there plans for more merchants to adopt that you have heard of? DISH is big, but that's got to be cooked into the price by now, I would have to think.

If Bitcoin gets big, big merchants will accept bitcoins

When the faith in fiat money will fade Bitcoin will rise even more and the percentage of the population that is geeky is going up every year

i don't think we need to concentrate on the geeks. we need to bring bitcoin beyond the geeks. bubbles will come with mainstream adoption -- at some point, geeks won't be enough. Tongue
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June 09, 2014, 09:29:42 PM
 #131

At the end of the year bitcoin will surely go and surpass the 1000 mark.. too many merchant adoption incoming.

Incoming? Are there plans for more merchants to adopt that you have heard of? DISH is big, but that's got to be cooked into the price by now, I would have to think.

If Bitcoin gets big, big merchants will accept bitcoins

When the faith in fiat money will fade Bitcoin will rise even more and the percentage of the population that is geeky is going up every year

i don't think we need to concentrate on the geeks. we need to bring bitcoin beyond the geeks. bubbles will come with mainstream adoption -- at some point, geeks won't be enough. Tongue

True but it will start with the kind of geeky

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June 19, 2014, 03:36:27 PM
 #132

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.

In my view there are obvious things and processes and each serious prediction is based on some facts. If not talking about just noise. Smiley
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June 19, 2014, 05:02:13 PM
 #133

Nobody can give you an answer to this as it's all speculation, but I think it's likely to go above and beyond 1k eventually. It all depends on adoption so spread the word and get people talking and discussing bitcoin. If bitcoin even goes semi-mainstream I think 1k will be peanuts in comparison.

Thinking the same.

The trend is already set, more and more mega companies jumping on board and we are still very early at adaptation phase.
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June 19, 2014, 05:11:14 PM
 #134

Don't think it should be too long now, larger companies are now accepting bitcoin as payment which can only be a good sign.


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June 19, 2014, 10:20:13 PM
 #135

Seem likely given the bullish sentiment.
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June 20, 2014, 04:45:48 AM
 #136

If the SR bitcoin auction goes well (in terms of price), we may see a strong uptrend very soon. Cheesy

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June 20, 2014, 05:08:44 AM
 #137

If the SR bitcoin auction goes well (in terms of price), we may see a strong uptrend very soon. Cheesy

How can it effect BTC value positively ?
CodyAlfaridzi
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June 20, 2014, 05:24:45 AM
 #138

If the SR bitcoin auction goes well (in terms of price), we may see a strong uptrend very soon. Cheesy

How can it effect BTC value positively ?

Hahaha i don't think it'll goes well in terms of price Cheesy
That auction is like a dump
CEG5952
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June 20, 2014, 05:39:02 AM
 #139

Sure, it could be thought of as a "dump." But some, possibly most of those coins, if still in circulation, likely would have made their way to market anyway. It's hard to say what off-exchange demand is like -- there could be a lot of players looking to get in with no slippage.

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June 20, 2014, 05:51:17 AM
 #140

Of Course it will
Keep the faith!

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