Impros88 (OP)
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September 16, 2014, 10:15:38 PM |
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think one second before answering. We all hope it will be 1000 next Month but how is this likely to happen? Let's take into account all possibilities... even the negative ones. We don't need to be pessimistic but even not stupidly optimistic. At present situation, is btc going to do a big rise again any time soon? Or is it likely to go down?
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Skrillex
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Activity: 84
Merit: 10
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September 16, 2014, 10:24:26 PM |
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In the long term is only going up inevitably, on the short-mid term no one knows what will happen. My guess is we'll see a rally out of fucking nowhere. When? I dont know.
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keithers
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This is the land of wolves now & you're not a wolf
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September 16, 2014, 10:38:56 PM |
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My gut tells me that once paypal integrates BTC, that we should see an increase in price because there will probably be so many more BTC transactions per day, and so many more BTC needed worldwide. Theoretically, it should grow exponentially from there...
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seriouscoin
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September 16, 2014, 10:51:30 PM |
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when idiots stop posting about how bitcoin is useless and then make another thread begging for money (btc) by telling a story.
I hope that answer your question. Actually i think you should take loss, sell btc and gtfo.
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lemfuture
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September 16, 2014, 10:52:36 PM |
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might be never
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1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
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1Referee
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September 16, 2014, 11:12:40 PM |
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At this moment I hope the price will go lower, might want to buy some more if it goes down a lot.
I think it will dip below $300 eventually, but only for a short time.
Don't even think we will see $1000 in 2015....
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dKingston
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September 16, 2014, 11:15:18 PM |
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We have to wait a lot! Surely not now!
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iGotSpots
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CPU Web Mining 🕸️ on webmining.io
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September 16, 2014, 11:23:58 PM |
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Up hundreds of % from a year ago still. Expect $1k again soon
Winter is coming
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Verse
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Activity: 48
Merit: 0
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September 16, 2014, 11:26:34 PM |
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think one second before answering. We all hope it will be 1000 next Month but how is this likely to happen? Let's take into account all possibilities... even the negative ones. We don't need to be pessimistic but even not stupidly optimistic. At present situation, is btc going to do a big rise again any time soon? Or is it likely to go down?
Don't be pessimistic. If we work together, we can make Bitcoin's price $1000 even if only for a moment! How? I'll sell you 1 BTC for $1000 USD => BTC is worth $1000. Free market, woo! Bitcoin prices are going to get worse before they get better, their cross-currency value tends to fluctuate with USD. When the U.S. FED stops QE and starts increasing rates we'll likely see stocks, startup valuations, and Bitcoin prices (considered an investment currency aka risky) decrease as yields return to lower risk assets (Treasuries and Agency MBS.) Of course we can always sport another bubble in the interim.
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TaunSew
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September 16, 2014, 11:29:04 PM |
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think one second before answering. We all hope it will be 1000 next Month but how is this likely to happen? Let's take into account all possibilities... even the negative ones. We don't need to be pessimistic but even not stupidly optimistic. At present situation, is btc going to do a big rise again any time soon? Or is it likely to go down?
It's going to dip to $300 and even less. If I were you, I would cut my losses and sell.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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TheButterZone
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RIP Mommy
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September 16, 2014, 11:33:47 PM |
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Saying that you don't trust someone because of their behavior is completely valid.
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zolace
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September 16, 2014, 11:42:33 PM |
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I honelsty think once we find a way to get rid of middle man, and stop charging high rates for btc then more adoption will come to play I have to go thru western union and the Peer fee to exchange my btc to Fiat.
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e1ghtSpace
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Crypto since 2014
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September 17, 2014, 12:00:02 AM |
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I think it's going to hit 1k at the end of this year.
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wasserman99
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September 17, 2014, 12:26:02 AM |
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think one second before answering. We all hope it will be 1000 next Month but how is this likely to happen? Let's take into account all possibilities... even the negative ones. We don't need to be pessimistic but even not stupidly optimistic. At present situation, is btc going to do a big rise again any time soon? Or is it likely to go down?
Don't be pessimistic. If we work together, we can make Bitcoin's price $1000 even if only for a moment! How? I'll sell you 1 BTC for $1000 USD => BTC is worth $1000. Free market, woo! Bitcoin prices are going to get worse before they get better, their cross-currency value tends to fluctuate with USD. When the U.S. FED stops QE and starts increasing rates we'll likely see stocks, startup valuations, and Bitcoin prices (considered an investment currency aka risky) decrease as yields return to lower risk assets (Treasuries and Agency MBS.) Of course we can always sport another bubble in the interim. This actually would not be farther from a free market. Your example would be that exactly two people would be manipulating the market/price of bitcoin. A free market is when the natural forces of supply and demand set the price of something. It would also not be all that unrealistic to see bitcoin at 1,000 in a month as this has happened before. The price has gone up ~10x in the span of a month just last year
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juju
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September 17, 2014, 01:03:14 AM |
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think one second before answering. We all hope it will be 1000 next Month but how is this likely to happen? Let's take into account all possibilities... even the negative ones. We don't need to be pessimistic but even not stupidly optimistic. At present situation, is btc going to do a big rise again any time soon? Or is it likely to go down?
You will get better answers if you posted this thread to the speculation forum, alot of users their track the price of BTC with traditional technical analysis etc. Some people probably have models they would share where they think BTC will cross 1000 again and at roughly what time. My best advice would be to have patience hold your coins strong, the price will go up and down, but the technology remains the same and we all know it should be worth way more than what we see today in the future.
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Verse
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September 17, 2014, 01:05:50 AM |
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This actually would not be farther from a free market. Your example would be that exactly two people would be manipulating the market/price of bitcoin. A free market is when the natural forces of supply and demand set the price of something.
You are correct. That was not an example of a perfect capitalist market. That was an example which might occur in a market that actually exists, a practical implementation of the free market if you will. It is of the same kind of manipulative transaction that may lead to a bubble, aka what you're looking to cash out on - which, by the way, does not help the market. Watch the daily transaction volume if you want to get a feel for Bitcoin's valuation as a payment processor. Watch USD if you want to know where exchange rates will go. Watch the news if you want to see a bubble, then watch the entire Bitcoin economy curse when the price normalizes. I do not like these "Why isn't my BTC worth m0@r??" threads when we should have "When will Bitcoin be used for corporate wire transfers?" threads. They're essentially the same question, but one is infinitely more intelligent than the other.
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koshgel
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September 17, 2014, 01:19:04 AM |
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Still waiting for more massive adoption. Some time of event which introduces Bitcoin to even larger masses will help increase the price.
I don't think we've seen the last of $1000
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electricmarbles
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September 17, 2014, 01:21:16 AM |
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it may never get that high again, but it should jump a little near the end of the year....hopefully
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r3wt
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September 17, 2014, 01:24:17 AM |
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Up hundreds of % from a year ago still. Expect $1k again soon
Winter is coming
You're more optimistic then i am. I was thinking we might stay in the 400 to 500 bounce for the next 6 months atleast. I really don't see another wave of mass adoption hitting anytime soon, and the chinese seem to have lost interest in hording BTC
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My negative trust rating is reflective of a personal vendetta by someone on default trust.
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electricmarbles
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September 17, 2014, 01:26:00 AM |
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you've also got to look at it in the sense of a long term investment. even people investing in stocks don't expect to see a profit within 2-3 months. it takes years.
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