5 digits before the end of the year.

[Marbit]

I think we are definitely going to maintain bitcoin's long term history of..... UP......but I think 5 figures is pretty optimistic, just thinking about the last bubble and the way it fizzled out after only what, less than 5x the previous ATH? I wonder if the next bubble will be bigger than that....

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

Im not even convinced of this rally yet. But, if it does test the ATH, I tend to agree with you here. There is a lot more money at stake now than in the early 2013 bubble or the 2011 bubble. But also, if we dont break the ATH in the next year and dont keep up pace with the 2013 bubbles, what effect do you think that will have on people that are currently bullish in the market?

[1715162810]

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[ranlo]

I think we are definitely going to maintain bitcoin's long term history of..... UP......but I think 5 figures is pretty optimistic, just thinking about the last bubble and the way it fizzled out after only what, less than 5x the previous ATH? I wonder if the next bubble will be bigger than that....

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

Im not even convinced of this rally yet. But, if it does test the ATH, I tend to agree with you here. There is a lot more money at stake now than in the early 2013 bubble or the 2011 bubble. But also, if we dont break the ATH in the next year and dont keep up pace with the 2013 bubbles, what effect do you think that will have on people that are currently bullish in the market?

I have the feeling we're going to push towards the ATH, if for no other reason than people manipulating the market to make it happen just to show that Bitcoin is "healthy." I think if we didn't hit the ATH in the next year (or, really, much less than that) it may cause the value to stop dropping because it's going to be a sign that the Bitcoin bubble, as a whole, has burst.

[elianite]

There's no way it's five digits unless there's a decimal in between there somewhere. 
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC.  The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC.  Deal? 

Can i get in on this? Not betting quite 2btc, but i could throw in some against kibble

[zimmah]

There's no way it's five digits unless there's a decimal in between there somewhere. 
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC.  The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC.  Deal? 

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

[tescomatty]

The only way we are still at 5 digits at the end of the year is if we go into a double run (which happened in 2011 IIRC) and only dip back once by the end of the year. In that case we could even see prices close to 40k during fall. Although the chances of that happening are probably below 1%

If we reach $40K, I'm out And I do think $10K is possible this year.

$40,000 a coin means bitcoin is clearly doing something right. If anything that should be more incentive to stay IN, and like another forum member has stated, just rebalance your portfolio or take a percentage rake (look up SSS Simple and Sane Savings plan for Bitcoin).

Depends on timeline, if $40,000 is reached quicly, like in one year, selling makes sence. Hopefully it will take at least 5 years of developments to get there, not just quick bubble speculation

[elianite]

There's no way it's five digits unless there's a decimal in between there somewhere. 
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC.  The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC.  Deal? 

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

[Wolf Rainer]

I bet ANYONE 10 BTC, bitcoin will break the $1000 again THIS YEAR.

[painlord2k]

http://bitbet.us/

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

or write a claim for your bet.

[zimmah]

There's no way it's five digits unless there's a decimal in between there somewhere.  
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC.  The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC.  Deal?  

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

i agree to this terms, we'd need to find a reliable escrow though i think.

https://bitcointalk.org/index.php?action=profile;u=54752 maybe?

[BitchicksHusband]

There's no way it's five digits unless there's a decimal in between there somewhere. 
I'll predict we don't break $1,000 this year, any takers?

I am super bullish on Bitcoin long term, but I agree that $1,000 is feeling a lot more iffy than it was in January.

-B-

We'll hit $1000 in July.

[BitchicksHusband]

If we reach $40K, I'm out And I do think $10K is possible this year.

Why would you ever trade away all your Bitcoins? Just re-balance your portfolio.

OK, I'll admit I'll probably keep 1 just in case, we hit really BIG money. But I have a figure in mind that I need to build my dream house & when we get there, I'll sell the vast majority of my coins.

Patience will reward you.  I know you're somewhat new here.  Have you looked at Risto's SSS plan thread?  You really should read it.

https://bitcointalk.org/index.php?topic=345065.0

[pinksheep]

If we reach $40K, I'm out And I do think $10K is possible this year.

Why would you ever trade away all your Bitcoins? Just re-balance your portfolio.

OK, I'll admit I'll probably keep 1 just in case, we hit really BIG money. But I have a figure in mind that I need to build my dream house & when we get there, I'll sell the vast majority of my coins.

Patience will reward you.  I know you're somewhat new here.  Have you looked at Risto's SSS plan thread?  You really should read it.

https://bitcointalk.org/index.php?topic=345065.0

Thanks, I'll read it now, it looks very interesting

[frienemy]

Bitcoin has by definition only ONE important digit: one bit is either 1 or 0. That means you either have one or none. THAT is the essential thing about bitcoin

[BitchicksHusband]

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

And yet, last time we zoomed right by $266 like it didn't exist.

[kibblesnbits]

There's no way it's five digits unless there's a decimal in between there somewhere. 
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC.  The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC.  Deal? 

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

Ok so far we have:
zimmah: .5BTC
elianite: .5BTC

The terms are: The price on bitcoinaverage.com does not go above $1,000 USD between 5/25/14 and 12/31/14 at 23:59 UTC.  In the case where bitcoinaverage.com does not exist at the end of the bet, bitcoinity.org will be used. 

[zimmah]

Ok so far we have:
zimmah: .5BTC
elianite: .5BTC

The terms are: The price on bitcoinaverage.com does not go above $1,000 USD between 5/25/14 and 12/31/14 at 23:59 UTC.  In the case where bitcoinaverage.com does not exist at the end of the bet, (the volume-weighted average of the two biggest exchanges (in volume USD)) bitcoinity.org will be used.  

bitcoinity.org is not an exchange (it can be used to track exchanges, but you'd have to specify which one), it's not unambigious. Also, how will we settle the bet? We all send coins to a reliable forum member who will send the bitcoins to the winner(s)?

[Alexenlee]

Let's see it on bitbet.us

It's really win-win.

[DustyRah]

I think we are definitely going to maintain bitcoin's long term history of..... UP......but I think 5 figures is pretty optimistic, just thinking about the last bubble and the way it fizzled out after only what, less than 5x the previous ATH? I wonder if the next bubble will be bigger than that....

Due to how long it has taken us to get back to the previous ATH, a lot of people are going to dump when we're near/at it again. This is going to create a ton of resistance. People are going to be afraid that as soon as we get to 1.2k again it'll drop and will want to exit before that happens.

We will be facing a lot of that all along too. There are traders who are getting in a out but the flipside of it is that the price will be more stable and that is good for BTC in the long term.

I just hope BTC stays stable and grows to about $1000 this year. Any type of major craziness will scare off traders and users alike.

[zimmah]

There's no way it's five digits unless there's a decimal in between there somewhere. 
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC.  The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC.  Deal? 

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

Ok so far we have:
zimmah: .5BTC
elianite: .5BTC

The terms are: The price on bitcoinaverage.com does not go above $1,000 USD between 5/25/14 and 12/31/14 at 23:59 UTC.  In the case where bitcoinaverage.com does not exist at the end of the bet, bitcoinity.org will be used. 

Still want to do this? It's been quite for a while.

[elianite]

There's no way it's five digits unless there's a decimal in between there somewhere. 
I'll predict we don't break $1,000 this year, any takers?

thats crazy talk!!!

how much you wana bet?

I'll do up to 2BTC.  The price on bitcoinaverage.com does not go above $1,000 USD between now and 12/31/14 at 23:59 UTC.  Deal? 

Can I also accept this deal for 0.5 bitcoin? I'd like myself some free money.

me and zimmah will both pool 0.5 to bet 1btc against kibble; kibble bet 1btc against us and we can set this up

Ok so far we have:
zimmah: .5BTC
elianite: .5BTC

The terms are: The price on bitcoinaverage.com does not go above $1,000 USD between 5/25/14 and 12/31/14 at 23:59 UTC.  In the case where bitcoinaverage.com does not exist at the end of the bet, bitcoinity.org will be used. 

Still want to do this? It's been quite for a while.

If Kibble will step up to the challange