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Author Topic: Will bitcoin ever reach $1000 dollars again?  (Read 20652 times)
waqas
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August 17, 2014, 08:42:24 PM
 #401

I think reach in this year Smiley
No its very difficult we can hope in Jan or Feb if not then take too much time to touch this figure

BTCfan1
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August 17, 2014, 09:04:01 PM
 #402

I think the major rally will come right before the holidays just like last year
Wilhelm
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August 17, 2014, 09:55:51 PM
 #403

It will come when you least expect it .... since everyone is expecting it, it will never come  Cool

P.S. I do believe in Bitcoin and I do believe it will become 10k+.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
tc61
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August 18, 2014, 03:06:26 AM
 #404

It will come when you least expect it .... since everyone is expecting it, it will never come  Cool

P.S. I do believe in Bitcoin and I do believe it will become 10k+.
I'll have what your smoking...lol 10K
Cluster2k
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August 18, 2014, 04:26:51 AM
 #405

We need to identify a new group of cashed up investors or speculators who haven't yet been tapped.  We've tapped the Chinese, and many got burned by the fall in bitcoin and collapse of litecoin.  Previously we tapped the speculators in Europe and North America.  We've had plenty of large internet businesses say they're accepting bitcoin, so that's all priced in already. 

What's next?  How do we convince, for example, Japanese retirees to dump their yen into bitcoin?  With a government debt to GDP ratio of 250% and increasing it's only a matter of time before Japanese retirees' savings are eroded away by a collapsing currency.  It might be in 5 years or 10, but it's inevitable.  Once the collapse starts it's too late to act (currency controls, bitcoin being ruled illegal, bank controls, etc).
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August 18, 2014, 05:02:03 AM
 #406

We need to identify a new group of cashed up investors or speculators who haven't yet been tapped.  We've tapped the Chinese, and many got burned by the fall in bitcoin and collapse of litecoin.  Previously we tapped the speculators in Europe and North America.  We've had plenty of large internet businesses say they're accepting bitcoin, so that's all priced in already. 

What's next?  How do we convince, for example, Japanese retirees to dump their yen into bitcoin?  With a government debt to GDP ratio of 250% and increasing it's only a matter of time before Japanese retirees' savings are eroded away by a collapsing currency.  It might be in 5 years or 10, but it's inevitable.  Once the collapse starts it's too late to act (currency controls, bitcoin being ruled illegal, bank controls, etc).

Don't think there is any sucker with deep pocket left beside mutual fund managers.

botany
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August 18, 2014, 10:52:37 AM
 #407

We need to identify a new group of cashed up investors or speculators who haven't yet been tapped.  We've tapped the Chinese, and many got burned by the fall in bitcoin and collapse of litecoin.  Previously we tapped the speculators in Europe and North America.  We've had plenty of large internet businesses say they're accepting bitcoin, so that's all priced in already. 

What's next?  How do we convince, for example, Japanese retirees to dump their yen into bitcoin?  With a government debt to GDP ratio of 250% and increasing it's only a matter of time before Japanese retirees' savings are eroded away by a collapsing currency.  It might be in 5 years or 10, but it's inevitable.  Once the collapse starts it's too late to act (currency controls, bitcoin being ruled illegal, bank controls, etc).

You have to convince existing investors who have started deserting bitcoin...
wasserman99
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August 19, 2014, 04:18:40 AM
 #408

We need to identify a new group of cashed up investors or speculators who haven't yet been tapped.  We've tapped the Chinese, and many got burned by the fall in bitcoin and collapse of litecoin.  Previously we tapped the speculators in Europe and North America.  We've had plenty of large internet businesses say they're accepting bitcoin, so that's all priced in already. 

What's next?  How do we convince, for example, Japanese retirees to dump their yen into bitcoin?  With a government debt to GDP ratio of 250% and increasing it's only a matter of time before Japanese retirees' savings are eroded away by a collapsing currency.  It might be in 5 years or 10, but it's inevitable.  Once the collapse starts it's too late to act (currency controls, bitcoin being ruled illegal, bank controls, etc).
I think wall street and retail investors will be next to invest in bitcoin in mass, causing the price to skyrocket once again. Once the BTC EFT is launched and able to be traded on the stock market, I think that a lot of people will buy and invest in bitcoin as it would become a much more mainstream investment.

gelross2014
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August 27, 2014, 02:34:39 AM
 #409

It went down but I guess its going a little bit back up again, I hope it would stop being unstable.
waqas
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September 01, 2014, 03:07:12 PM
 #410

It went down but I guess its going a little bit back up again, I hope it would stop being unstable.
Its going more down now touching almost 479$ now waiting for big jump because every time its touch under 480$ then suddenly jump very good

minerpumpkin
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September 01, 2014, 03:10:58 PM
 #411

I believe it will see $1000 at some point again, yes. But I wouldn't bet on it to do this in 2014 still. I guess it could be well into 2015 or maybe even later that we see those prices again. I guess we're in a long phase of consolidation and technological development now!

I should have gotten into Bitcoin back in 1992...
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September 01, 2014, 03:13:17 PM
 #412

It went down but I guess its going a little bit back up again, I hope it would stop being unstable.
Its going more down now touching almost 479$ now waiting for big jump because every time its touch under 480$ then suddenly jump very good

Yes this is the right time to buy more bitcoins, some bearish people thinks that we will reach $300 but in my opinion the downtrend stops here.
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September 01, 2014, 07:27:22 PM
 #413

guys, i hope you are right
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September 05, 2014, 11:31:57 AM
 #414

Probably, but who knows when. Just look at recent price history, it could happen really fast, in 1 month or less. But it can also take years. Be patient, it's just a matter of time.
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September 05, 2014, 04:27:29 PM
 #415

We'll see again 1000 next year with 99.99% certainty.
waqas
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September 05, 2014, 07:00:49 PM
 #416

We'll see again 1000 next year with 99.99% certainty.
Yes I believe we will see this figure in January or February

BetMoose
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September 05, 2014, 09:29:03 PM
 #417

We'll see again 1000 next year with 99.99% certainty.
Yes I believe we will see this figure in January or February

You guys should make a bet on this...

BetMoose.com - Wager on real world events. Profit from predicting the future. Create and share your own contracts.
bitcoboss
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September 05, 2014, 09:41:15 PM
 #418

many say it will happen again in November
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September 06, 2014, 01:56:34 PM
 #419

many say it will happen again in November

November-February

The USD will collapse and the sand castle of the western financial system will collapse as well

furlong
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September 06, 2014, 04:44:57 PM
 #420

The USD (AND EUR) will collapse, but not that soon. We'll see 1000 anyway next year, any month.
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