5 digits before the end of the year.

[DolanDuck]

5 digits before the end of 2014 is very unlikely, eventually in the following years bitcoin will be valued 10.000$ and more, but not so early.
I won't bet anything btw 

[jubalix]

btc is going over 10k its just a question of when 1~2 years likely, 3 years almost definite.

[gondel]

Why most of the people are sure that when th price hit 5 digits then it will go back to normal ? I think if it goes to 20000$ it will dip not less but 5000$.
BR

[Bit_Happy]

Putting my head on the block. I see people talking about 3-6k, and from what I gather predictions for the big jumps tend to be too low. That plus really big money looking at us right now.

...really big money looking at us right now.
We are being checked out by a herd of whales much bigger than any we have seen before:

All the important BTC indicators are pointed Up.  

[Taras]

I don't see it happening. Five grand tops, and I think that even is unrealistic.

[bitrider]

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.

Completely disagree. The potential for great returns and speculation volatility is what is driving adoption and awareness at this stage. At every bubble new players hear about bitcoin because of the price, get excited and start researching and using btc. Some disappear when the bubble pops, but now millions stay connected. Setting the stage for real usage, trust and the next bubble. This is how bitcoin grows- at least right now. Don't fear the "craziness". Bitcoin is strong, fundamentally sound and can handle the wild speculations. Enjoy the ride.

I think likely $5K
Strong possible: $7K
Unlikely $10K

[bitbaby]

Putting my head on the block. I see people talking about 3-6k, and from what I gather predictions for the big jumps tend to be too low. That plus really big money looking at us right now.

I don't see it hitting 5 figures by the end of this year. In-fact I don't think it will go over 1500 in this year.

[g35fan]

Putting my head on the block. I see people talking about 3-6k, and from what I gather predictions for the big jumps tend to be too low. That plus really big money looking at us right now.

I don't see it hitting 5 figures by the end of this year. In-fact I don't think it will go over 1500 in this year.

I think you are right on. Never forget, all bitcoin holders were Goxxed. That $1,100+ ATH was artificially inflated...and imo I think the $700 range is what the ATH *should* have been without that whole mess. I could see $1600 as the new ATH this year but once it creeps up to the $900-1,000 range a lot of people will probably sell off and figure another dip will come and buy back in lower once that happens. If the past is any indicator expect resistance, corrections, and of course, lots of despair.

Unless a protocol flaw is discovered or the US drops a bomb with overregulation, I can't imagine prices going under $500 USD again - ever. I only think 5 digits is possible this year if there is a large stock market correction and/or a loss of faith in the USD/economy - but even then it'd be a long shot due to many factors. Henry Paulson warned congress there'd be martial law if they didn't get the 08' bailout - and I think I read after that they got the power to not even need to go to congress in the future when an emergency happens. I just don't see "them" allowing it to come that close ever again...and for damn good reason.

[Wilhelm]

Putting my head on the block. I see people talking about 3-6k, and from what I gather predictions for the big jumps tend to be too low. That plus really big money looking at us right now.

I don't see it hitting 5 figures by the end of this year. In-fact I don't think it will go over 1500 in this year.

I think you are right on. Never forget, all bitcoin holders were Goxxed. That $1,100+ ATH was artificially inflated...and imo I think the $700 range is what the ATH *should* have been without that whole mess. I could see $1600 as the new ATH this year but once it creeps up to the $900-1,000 range a lot of people will probably sell off and figure another dip will come and buy back in lower once that happens. If the past is any indicator expect resistance, corrections, and of course, lots of despair.

Unless a protocol flaw is discovered or the US drops a bomb with overregulation, I can't imagine prices going under $500 USD again - ever. I only think 5 digits is possible this year if there is a large stock market correction and/or a loss of faith in the USD/economy - but even then it'd be a long shot due to many factors. Henry Paulson warned congress there'd be martial law if they didn't get the 08' bailout - and I think I read after that they got the power to not even need to go to congress in the future when an emergency happens. I just don't see "them" allowing it to come that close ever again...and for damn good reason.

I'm not arguing your opinion on $1500 this year (although I believe it will be higher) but I don't find your comments too convincing.
You are correct in assuming there is possible fraudulent behaviour in bitcoin land, we all know it's being manipulated by people with loads of money.

That said:
Is it me or was China the main driver of the last ATH (and ATL)?
Is it me or did Gox only crumble after we hit the bear market and people wanted to go fiat and it wasn't there?
Do you really think America is the main driver of bitcoin?
Why do you think America will be able to "overregulate" it?
If the USD economy blows out do you think most will go for bitcoin? Why not EUR, CNY or RUR?

In my opinion all the bad news events are relatively normal for growth. Looking at the graphs this cycle wasn't much different than other years.

[bitcon]

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.

i said this when it hit $30 the second time.  shortly after is when it began its run up to $1000

[okthen]

Putting my head on the block. I see people talking about 3-6k, and from what I gather predictions for the big jumps tend to be too low. That plus really big money looking at us right now.

...really big money looking at us right now.
We are being checked out by a herd of whales much bigger than any we have seen before:

All the important BTC indicators are pointed Up.  

That's what I feel as well, everyone is starting to look at bitcoin with a it more seriousness, when one of the huge companies decides to dive in, more will follow

[DeadCoin]

Well, maybe December will be better 

[DeadCoin]

This old chestnut again?

I'll say the same as I did 6 months ago or a month ago.

We'll probably reach our old ATH by mid summer, and hit anywhere from $7000 to $12,000 before crashing down to $2000-$2500, possibly before year's end.

We should be above $10,000 for good by this time next year.

Unless something comes along to break Bitcoin before then.

How do you have dignity to write on this forum after this?

[hopenotlate]

Well, maybe December will be better  

yep, it is also made by 31 days so a bit more likely it's going to happen than November  

[spiderbrain]

This old chestnut again?

I'll say the same as I did 6 months ago or a month ago.

We'll probably reach our old ATH by mid summer, and hit anywhere from $7000 to $12,000 before crashing down to $2000-$2500, possibly before year's end.

We should be above $10,000 for good by this time next year.

Unless something comes along to break Bitcoin before then.

How do you have dignity to write on this forum after this?

Have you noticed many people on this forum with any dignity? It mostly seems to be childish mud slinging, dick jokes and misogyny.

[NotLambchop]

This old chestnut again?

I'll say the same as I did 6 months ago or a month ago.

We'll probably reach our old ATH by mid summer, and hit anywhere from $7000 to $12,000 before crashing down to $2000-$2500, possibly before year's end.

We should be above $10,000 for good by this time next year.

Unless something comes along to break Bitcoin before then.

How do you have dignity to write on this forum after this?

Be kind to grampa #1, he's senile a mature, respected member of this community.

[sgbett]

HOW VERY DARE YOU POST ON THIS INTERNET OF MINE AFTER HAVING PREVIOUSLY POSTED AN OPINION THAT HAS BEEN PROVEN WRONG!

Nobody *ever* does that.

[BitCoinNutJob]

OP didnt say what year, obviously he means 2015 cut him some slack 

[Tzupy]

HOW VERY DARE YOU POST ON THIS INTERNET OF MINE AFTER HAVING PREVIOUSLY POSTED AN OPINION THAT HAS BEEN PROVEN WRONG!

Nobody *ever* does that.

Being wrong by 20% is acceptable, although it might lead to massive losses when trading.
Being wrong by over an order of magnitude means the OP and others who agreed with him are delusional.

[inca]

Bearish divergence in 15 min MACD. To confirm it, more dumps needed in a couple of hours and down to 360$ tomorrow.

*glances at the price. Erm.