teukon
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Activity: 1246
Merit: 1011
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September 01, 2013, 03:25:57 AM |
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ıts a gamble you dont know exctly whıch way ıt wıll swıng because yes there ıs a chance ıt can drop down to 5 bucks and yes there ıs a chance ıt can go up to 1,000 but the 5 bucks ıs a bıt more belıevable sınce we have seen ıt there before, people seem to have a harder tıme tryıng to belıeve somethıng they have not seen before but ı dont blame them.
A market rate of more than 71 USD/BTC suggests that the market finds a future value of 1000 USD/BTC more likely than one of 5 USD/BTC. An investor that finds 5 USD/BTC more believable than 1000 USD/BTC should want to sell. |
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virtualmaster
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September 01, 2013, 08:02:09 AM |
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The forces which are moving the bitcoin prices are changing in every stage.
Between 100$ and 1.000$ they are small to middle size economic interests.
When bitcoin prices will achieve 1.000 $ it will be enough liquidity for bigger deals also.
May be the OPEC countries will make a conference to sell oil only for bitcoins instead of USD and that will move the bitcoin price toward 10.000 USD. (only the rumor that could happen)
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Dorrace
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Activity: 70
Merit: 10
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September 01, 2013, 01:28:22 PM |
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ıts a gamble you dont know exctly whıch way ıt wıll swıng because yes there ıs a chance ıt can drop down to 5 bucks and yes there ıs a chance ıt can go up to 1,000 but the 5 bucks ıs a bıt more belıevable sınce we have seen ıt there before, people seem to have a harder tıme tryıng to belıeve somethıng they have not seen before but ı dont blame them.
A market rate of more than 71 USD/BTC suggests that the market finds a future value of 1000 USD/BTC more likely than one of 5 USD/BTC. An investor that finds 5 USD/BTC more believable than 1000 USD/BTC should want to sell. wel thats exactly what ım sayıng ı belıeve the coın wıll move up to 1,000 but also because ı want to belıeve. but also ı see enough evıdence to suggest ıt wıll. but alot of people are skeptıcal and wont belıeve somethıng tıl they see ıt ın whıch case they wıll stop and say "oh well ı should have bought bıtcoın back when ıt was $150" |
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ixne
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September 01, 2013, 03:27:29 PM |
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People are too eager to put significance on what is essentially only a psychological milestone. Bitcoin developments drive the price, not the other way around.
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Dorrace
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Activity: 70
Merit: 10
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September 01, 2013, 04:27:04 PM |
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People are too eager to put significance on what is essentially only a psychological milestone. Bitcoin developments drive the price, not the other way around.
yes thıs ıs what ım sayıng. but thıs has atleast a 40% factor ın the prıce as well. ıf more people belıeved the prıce would go to 1k more people would buy thus raısıng the value |
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monkeybars
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September 01, 2013, 05:18:37 PM |
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Bitcoin is already up 1000% this year, and it's only September.
Bitcoin's average annual rate is about 1275%. Even if it misses that level by 50%, it'll hit $1000 in Autumn next year (2014).
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ixne
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September 01, 2013, 10:16:26 PM |
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Bitcoin is already up 1000% this year, and it's only September.
Bitcoin's average annual rate is about 1275%. Even if it misses that level by 50%, it'll hit $1000 in Autumn next year (2014).
Ha, made me think of xkcd:  |
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Wary
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September 01, 2013, 11:55:19 PM |
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Bitcoin developments drive the price, not the other way around. Both ways around  It's a positive feedback loop. Infrastructure, awareness, price -they all push each other up. |
Fairplay medal of dnaleor's trading simulator.
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MoonShadow
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Activity: 1708
Merit: 1010
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November 27, 2013, 08:01:32 PM |
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Bitcoin broke through the $1000 per BTC price point today, November 27th, 2013 on the MtGox exchange.
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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jeppe
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November 27, 2013, 08:04:54 PM |
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As bitcoin has passed the 1000$ mark there is nothing to stop it !! in my opinion bitcoin should be worth a lot more !
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501
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Activity: 28
Merit: 0
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November 27, 2013, 08:28:49 PM |
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LOL @ some of the responses from 2011 saying "it's OBVIOUSLY a bubble and will never grow"
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malumeze86
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Activity: 88
Merit: 10
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October 07, 2014, 11:56:00 PM |
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LOL @ some of the responses from 2011 saying "it's OBVIOUSLY a bubble and will never grow"
So where do we stand today?  I know, this is an old thread, but I'm bored. |
1EaEzvenWz2nXNQxEyQmkHhfSKxpXeRsyD
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b!z
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Activity: 1582
Merit: 1010
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October 07, 2014, 11:59:17 PM |
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LOL @ some of the responses from 2011 saying "it's OBVIOUSLY a bubble and will never grow"
So where do we stand today? I know, this is an old thread, but I'm bored. bitcoin is OBVIOUSLY a bubble and will never grow past $5 |
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malumeze86
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Activity: 88
Merit: 10
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October 08, 2014, 12:30:17 AM |
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LOL @ some of the responses from 2011 saying "it's OBVIOUSLY a bubble and will never grow"
So where do we stand today? I know, this is an old thread, but I'm bored. bitcoin is OBVIOUSLY a bubble and will never grow past $5 I knew it couldn't break the five dollar mark. Never, ever, ever, it just wasn't possible.... :-) |
1EaEzvenWz2nXNQxEyQmkHhfSKxpXeRsyD
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caston
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December 08, 2017, 09:26:08 AM |
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I think the recent ATH proves that bitcoin is worth at least $1000. I'm struggling to believe it's worth $20,000 though. Who will keep buying btc past 20k, 30k and so on?
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bitcoin BTC: 1MikVUu1DauWB33T5diyforbQjTWJ9D4RF
bitcoin cash: 1JdkCGuW4LSgqYiM6QS7zTzAttD9MNAsiK
-updated 3rd December 2017
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gabmen
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February 01, 2018, 12:26:27 PM |
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I think the recent ATH proves that bitcoin is worth at least $1000. I'm struggling to believe it's worth $20,000 though. Who will keep buying btc past 20k, 30k and so on?
Its funny looking back at old threads and comparing the situation now to then. It did hit the 20k mark but went spiraling down from there. I don't think btc though is going ti be worth 1k only. Currently we're testing the 8-9k support with the market looking really bearish and india saying crypto isn't legal. Who knows, im pretty confident though as this has happened before already |
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Dudeperfect
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April 30, 2018, 04:41:20 PM |
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Well, crypto is a wild market in behaviour and hence they always recommend you to invest not more than what you can afford to lose. If you are not comfortable in investing in it then you shouldn't do it. However, I am sure you must have your exceptions from the market based on the research and if you have faith in your research then holding is recommended. I have seen 35% loss on my particular investment but I was still confident about it and as expected, I sold that investment with 15%+ profits within few weeks.
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jhonnydeep87
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May 03, 2018, 11:35:18 PM |
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Bitcoin like a shiny little metal bunch is a good tool for exchange and bitcoin does it better. Given the assumption the current level of technology is still functioning, but I am not making assumptions about it.  |
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ICBCOK
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May 04, 2018, 02:00:31 PM |
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BTC is a great idea, but it wasn't executed well enough. It will never widely be used as a currency but perhaps it will change the world by inspiring someone else to create a virtual currency that works better as currency.
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