[2014-05-28] BTC to break $2,000 mark by Christmas – Experts

[aliceHortrex]

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

In an exclusive to CoinTelegraph, 58 high-flyers from the Bitcoin community attending Amsterdam Bitcoin2014, predict where Bitcoin will be on Christmas day 2014. While some experts compared the task to attempting to forecast the weather on Christmas day – the time of year gives us a pretty good indication what the weather will be doing, and the predictions of some of our experts make a lot of sense given the current Bitcoin climate.

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[BenTuras]

How will they call the bot this time ?
hint: Willy and Markus have already been used...

[hilariousandco]

Ha, I think this thread should be moved to speculation. 'Experts' or not, at least they admit it's virtually unpredictable so it's redundant really (as speculating on the price always is).

[Bit_Happy]

They are too conservative, BTC has a great chance to hit $3,400 by late this year. 
Still it's nice to see "experts" finding such high value in Bitcoin.

[Lethn]

Conservative estimates are always the best way to go, even pessimistic, especially when it comes to spending and profit outlook because if you constantly make almost arrogant statements about how high something is going to go you're going to get a nasty shock further on in the year and people won't trust you as well.

[smoothie]

http://cointelegraph.com/news/111597/btc_to_break_2_000_mark_by_christmas_experts

In an exclusive to CoinTelegraph, 58 high-flyers from the Bitcoin community attending Amsterdam Bitcoin2014, predict where Bitcoin will be on Christmas day 2014. While some experts compared the task to attempting to forecast the weather on Christmas day – the time of year gives us a pretty good indication what the weather will be doing, and the predictions of some of our experts make a lot of sense given the current Bitcoin climate.

The dollar lost that fight a long time ago. Not an issue anymore.

[Chef Ramsay]

Yeah, $2k is an easy and safe low ball figure which won't threaten anyone's credibility. But, I have a line into the whale community that is calling for $4k-ish and the height of the next bubble. The bottom line is, nobody really knows but passed trends indicate a rise into the ballpark in the not too distant future. The shelling out of ATMs, the extra startups popping up in the crypto community and the media attention + institutional investment additions to the ecosystem makes it hard to not envision the repeated rise of the price as BTC's utility becomes a highly valued commodity.

[LiteCoinGuy]

or the 20 USD mark 

[Bit_Happy]

or the 20 USD mark 

Even at $20/btc a surprising number of people would still be panic selling, similar to when BTC hit $1.9996 at the bottom of the first big Bear.
Fortunately, we (probably) will not need to ever go through seeing the price below $200/$300/$400 ever again.