A year from now (2013/04/15)

[oakpacific]

The good thing about predicting doom and gloom: You're always happy to be wrong.

Unless of course you truly believe your own predictions, sell everything at $14 and sit with open orders at $5 for a year like a complete moron.

Or even worse, goes all in short bitcoins at $3 on Bitcoinica, then....

[1714838334]

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[1714838334]

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[piramida]

The good thing about predicting doom and gloom: You're always happy to be wrong.

Unless of course you truly believe your own predictions, sell everything at $14 and sit with open orders at $5 for a year like a complete moron.

Or even worse, goes all in short bitcoins at $3 on Bitcoinica, then....

then first loses everything while shorting, takes a mortgage-backed loan to go leveraged long on bitcoin, and then bitcoinica runs with the money...

I think we figured out how perma-bears are born. When you live under the bridge, doom and gloom is all you see

[oakpacific]

The good thing about predicting doom and gloom: You're always happy to be wrong.

Unless of course you truly believe your own predictions, sell everything at $14 and sit with open orders at $5 for a year like a complete moron.

Or even worse, goes all in short bitcoins at $3 on Bitcoinica, then....

then first loses everything while shorting, takes a mortgage-backed loan to go leveraged long on bitcoin, and then bitcoinica runs with the money...

I think we figured out how perma-bears are born. When you live under the bridge, doom and gloom is all you see

Hmmm...guess we all have buried the word "Zhoutonged" somewhere in our memory lane.

[proudhon]

[ElectricMucus]

Being wrong by two orders of magnitude isn't something totally unheard of. 

[Piper67]

Being wrong by two orders of magnitude isn't something totally unheard of. 

It's also not a trivial error 

[ElectricMucus]

Being wrong by two orders of magnitude isn't something totally unheard of. 

It's also not a trivial error 

I've seen documentaries about cosmology and astrophysics where they actually call it that. And when dealing with astronomical gains and losses that actually makes sense too.

[Troll Toll]

proudhon's sense of humor is refreshing.

[Piper67]

Being wrong by two orders of magnitude isn't something totally unheard of. 

It's also not a trivial error 

I've seen documentaries about cosmology and astrophysics where they actually call it that. And when dealing with astronomical gains and losses that actually makes sense too.

Hah... you're right, Proudhon was bang on with his predictions. He always is. You just have to adjust for the cosmological constant 

[bitcon]

proudhon reminds me of synaptic

[ElectricMucus]

Well, for what its worth this would be an epic crash, at a rate of over 30% per day for 10 days.

[superside]

I've been lurking here for a while as an unregistered member. Honestly, I've used proudhons predictions as what 'not' to do.
Honestly, I don't think proudhon believes his/her own predictions either. If I was sitting on a mountain of btc and I wanted to keep it circulating without spending my own coins I would try to convince people to quickly sell theirs.
Or he/she has terrible foresight, in proudhons defense, no one could have predicted the recent boom in btc

[BitcoinTate]

Or he/she has terrible foresight, in proudhons defense, no one could have predicted the recent boom in btc

The law of mathematics did

[Adrian-x]

bump
 

LOL
So I average the predictions, some interpretation was used:
Double digest = $10
Single digests = $5   
Pushing past = +1 
Between X and Y = average of X and Y. 

The Average price predictions a year ago was: $14.54 off by a whole decimal place. 

Calling for more prediction a year from today:

[serenitys]

Since I just posted this on another thread:

ou probably won’t see widespread adoption of Eaze soon but it’s an interesting mobile payment system that ties Google Glass with BitCoin. Using the app and a QR code for transactions, you simply nod twice to make a payment

http://gigaom.com/2014/02/26/hands-free-bitcoin-payments-with-google-glass-and-eaze-just-nod-twice/

Google Glass launch - late 2014

http://www.pcadvisor.co.uk/features/gadget/3436249/google-glass-release-date-price-specs/

I predict the value is beyond 4 digits this time 2015.

Read this very carefully before you go all "single digits" and pennies:

So how does Eaze work? The client app runs on Google Glass and can read QR codes that have transactional information at the point of sale. Glass shows the details of the payment on its viewscreen and you simply nod twice to approve the transaction with payment made in BitCoins. Eaze users will have to deposit BitCoins in what the company calls a ”deterministic wallet” which is unlocked with a passphrase locally. In this way, the BitCoins are never stored on the Eaze servers.


So...if that's happening later this year and GG users have to use Bitcoin, and a shit ton of people are waiting on GG, they're inevitably going to be buying BTC for use, which drives the value



Wait for it...

to da moon bitches  

In all seriousness, toward the summer when Google starts hyping up Glass for release, more people will be encountering "bitcoin" and having to bone up, and will start a buying run. Glass isn't going to fail...and there's also Rift and games for it to consider, who are also accepting btc.

Mid summer this year should kick up the hype and push it through the end of the year and into 2015...no way btc will be in double digits...if it jumped to 4 digits for lesser reasons, it should shoot well beyond that for the launch of a Google backed product that is being greatly anticipated.