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FeelTheBeat
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July 09, 2014, 10:10:11 PM |
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We will definitely see 1k $ again, question is just when  |
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pay
Newbie
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Activity: 19
Merit: 0
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July 10, 2014, 04:38:26 AM |
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The given answer depends on the point the person is at. If he wants to buy your BTC cheap speculating on a rise, he might act otherways then telling you straight out -> yeah it will go up. In a way - noone knows - everything is speculation, but i see bitcoin as the petrol of our time...  But it might also go down the Drain and we loose out asses We´re in the Darkage of something big - which may happen - but its not forced... |
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ShameOnYou
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July 10, 2014, 04:45:43 AM |
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Everyone who wants Bitcoin to reach high values can do something for it.
I am not talking only about marketing. Try to offer some good or service and accept BTC.
I think 1000 are reachable again, but not in the very short term. We are in a sideways phase. Which is good for the bitcoin ecosystem to develop.
True, but bitcoin tends to surprise very much in both directions. When has it gone sideways for too long? I have a feeling we will rally soon. But if it's a fakeout and we can't get above $1k/in range to test ATH, we will probably go back to retest $340. Just my two cents.  |
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dimez
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July 10, 2014, 05:54:06 AM |
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probably at the end of the year we see 1k $ again  |
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Loophole
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July 10, 2014, 06:08:25 AM |
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Possible but unlikely given the price today.
Not many investment can double in less than a year.
Bitcoin has already achieved lots of things in the past 5 years that people couldn't even imagine. |
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Loophole
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July 10, 2014, 06:11:17 AM |
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Everyone who wants Bitcoin to reach high values can do something for it.
I am not talking only about marketing. Try to offer some good or service and accept BTC.
Also, as a customer, you could ask the businesses to accept bitcoin payment. With enough people asking, the business owners would be more and more interested in bitcoin. |
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ALToids
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July 10, 2014, 07:37:31 AM |
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It's a catch 22. If BTC is expected to go up rapidly, people won't spend their coins. Non usage of coins leads to less adoption and less demand and then lower price.
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Velkro
Legendary
Offline
Activity: 2296
Merit: 1014
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July 10, 2014, 10:08:04 AM |
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It's a catch 22. If BTC is expected to go up rapidly, people won't spend their coins. Non usage of coins leads to less adoption and less demand and then lower price.
not really less usage should mean less coins in circulation which would cause bigger demand aka. bigger price  wishfull thinking, price will go up to 1000$ but it needs time |
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onlyu
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July 10, 2014, 01:32:40 PM |
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Possible but unlikely.
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lynn_402
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July 10, 2014, 01:48:09 PM |
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It's a catch 22. If BTC is expected to go up rapidly, people won't spend their coins. Non usage of coins leads to less adoption and less demand and then lower price.
not really less usage should mean less coins in circulation which would cause bigger demand aka. bigger price Less coins in circulation would mean a lower trade volume, this is quite bad for investor. They would not want to put money in something whose volume could not support them being dumped on by some of the many big holders. |
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Jamie_Boulder
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July 10, 2014, 01:51:23 PM |
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If you only have bitcoins for investment then you bought them from the wrong reasons.
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tooil
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July 10, 2014, 01:54:01 PM |
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If you only have bitcoins for investment then you bought them from the wrong reasons.
Problem is mostly everyone here expecting bitcoin price to sky-rock. |
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Jamie_Boulder
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July 10, 2014, 02:03:08 PM |
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If you only have bitcoins for investment then you bought them from the wrong reasons.
Problem is mostly everyone here expecting bitcoin price to sky-rock. One of the biggest hurdles for BTC/Cryptos will be ridding itself of people like that IMO, it's truly ruining the concept. |
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thew3apon
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July 11, 2014, 12:50:57 AM |
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I sure hope so, so my fauceting days become worth it  U sure? Bitcoin need to reach $10,000 for faucet to be worthwhile.. |
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transient858
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July 11, 2014, 02:00:55 AM |
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I sure hope so, so my fauceting days become worth it U sure? Bitcoin need to reach $10,000 for faucet to be worthwhile.. He is looking 3-5 years down the future, while living in a homeless shelter. |
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Bitsaurus
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July 11, 2014, 06:35:39 AM |
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If you only have bitcoins for investment then you bought them from the wrong reasons.
Problem is mostly everyone here expecting bitcoin price to sky-rock. One of the biggest hurdles for BTC/Cryptos will be ridding itself of people like that IMO, it's truly ruining the concept. why? that's good when people believe the coin will skyrocket they hold isn't that good for the price? The reason it has any value is because it can be accepted and used a currency legally in some areas. If Litecoin were to be accepted by Amazon tomorrow it's price would shoot up even though the coin's difficulty and distribution stay the same. |
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sponsorbitcoins
Newbie
Offline
Activity: 2
Merit: 0
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July 11, 2014, 07:14:41 AM |
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I guess it break 1000$ in January 2015 |
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LazerSMS
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July 11, 2014, 02:10:54 PM |
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soon, I guess
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lynn_402
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July 11, 2014, 02:15:56 PM |
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If you only have bitcoins for investment then you bought them from the wrong reasons.
Problem is mostly everyone here expecting bitcoin price to sky-rock. One of the biggest hurdles for BTC/Cryptos will be ridding itself of people like that IMO, it's truly ruining the concept. why? that's good when people believe the coin will skyrocket they hold isn't that good for the price? The reason it has any value is because it can be accepted and used a currency legally in some areas. If Litecoin were to be accepted by Amazon tomorrow it's price would shoot up even though the coin's difficulty and distribution stay the same. It's safe to say though that it's difficulty would skyrocket almost instantly if it's price would shoot up. Litecoin would drain hashpower from all the other scrypt coins, and thousands of scrypt asics would be bought as it would be profitable again to mine. |
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Coef
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July 11, 2014, 07:25:07 PM |
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If you only have bitcoins for investment then you bought them from the wrong reasons.
Problem is mostly everyone here expecting bitcoin price to sky-rock. One of the biggest hurdles for BTC/Cryptos will be ridding itself of people like that IMO, it's truly ruining the concept. why? that's good when people believe the coin will skyrocket they hold isn't that good for the price? The reason it has any value is because it can be accepted and used a currency legally in some areas. If Litecoin were to be accepted by Amazon tomorrow it's price would shoot up even though the coin's difficulty and distribution stay the same. IMO, with more people spending bitcoin and more merchants accepting bitcoin, the price should go up in the long term. But in the short term, the price may go down, as most of those bitcoin-accepting merchants use bitpay or coinbase to sell the bitcoin right away. |
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