Bitcoin value?

[aNtiClocK]

I see quite a few posts of people predicting that btc will reach 2k this year, I just wondered what your reasonings for it were?

When gox fell completely I expected the price to go back up, but it seems to have just stalled around the 300 mark even after their dimise.

I am just wondering with all the other coins now out there, why do you think it will go straight back up and to 2k or beyond?

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[Bad Uncle]

2k this year? Not a chance. Maybe next or within the next couple of years maybe. And there's is never much reasonings behind people's speculations, just wishful thinking usually.

[irfan_pak10]

I think it's because lots of smaller miners are selling for cash look at any trades and there are some minute 0.00034 trades as an example, this I believe will mellow out once the bottom if the barrel has been cleared out

[jaredboice]

2k this year? Not a chance. Maybe next or within the next couple of years maybe. And there's is never much reasonings behind people's speculations, just wishful thinking usually.

No way that it takes 2 year to hit $2k.  Are you serious?  You do know that Microsoft, Time Inc, and PayPal have just recently start implementing it on a very basic level. There's 7 billion people on earth and only 21 Million bitcoins available.  In fact, in the near to mid term there's really only going to be like 16-8 Million bitcoins available due to how long it takes to mine them. There's going to be a lot of people bidding for the same bitcoins when it's all said and done.

in 2 years we'll be wishing we had to opportunity to buy at sub $2k levels

[Gianluca95]

Only chance that bitcoin will have a great raise of price is that in future the ETF of Winklevoss brother will start and many big company will start to invest in this system. Actually is too soon for see a bitcoin price around 1000-2000$.

[jjacob]

I see quite a few posts of people predicting that btc will reach 2k this year, I just wondered what your reasonings for it were?

When gox fell completely I expected the price to go back up, but it seems to have just stalled around the 300 mark even after their dimise.

I am just wondering with all the other coins now out there, why do you think it will go straight back up and to 2k or beyond?

6x times in 1 year?
That is wishful thinking.

[Jamacn]

firstly could you tell me who think the price to $ 2k, i never say it anyway

[Muuurrrrica!]

2k?

If it does it'll either be for only splitseconds caused by a fatfinger or catastrophic manipulation on huge scale (also selling off fairly quickly after reaching that high) but all in all we can be happy if this shit survives and everyone can get out to a profit ....

[carlosiness]

yes, it would reach 2k from next year, so buy as much as you can afford. more you buy more the price goes up

[unusualfacts30]

Too many people are invested..if you looked last year there weren't many people and majority were the ones who bought it earlier. People started jumping in bandwagon when it crossed $1000 and they lost money...now they've been fcking it up for everyone ever since. Buy low..sell high. They don't belive in technology...they believe in profit and greed.

that's what happens when you release a beautiful tech to people who have no fcking clue about what it is.

[newIndia]

Be happy if it touches 500 for once before March 31, 2014.

[resya]

I just dont understand why bitcoin reached 1000$ last year, there were far fewer uses for bitcoin and far fewer merchants and traders. Now we have more merchants and traders but the price keeps falling like a rock

[Gianluca95]

I just dont understand why bitcoin reached 1000$ last year, there were far fewer uses for bitcoin and far fewer merchants and traders. Now we have more merchants and traders but the price keeps falling like a rock

Last year there was a big PUMP which is created from chinese people which has invested a lot of money in bitcoin and alt-coin. But, with the China's BAN, price was reduced to 600$. Over this, another thing is that Mark Karpeles with his BOT has contributed to the PUMP 

[Amph]

2k this year? Not a chance. Maybe next or within the next couple of years maybe. And there's is never much reasonings behind people's speculations, just wishful thinking usually.

how do you know? for what it could be, it could skyrocket to 2k in 1 months

no one know, but with the incoming block reward halving, it may occur at some point

[var53]

I just dont understand why bitcoin reached 1000$ last year, there were far fewer uses for bitcoin and far fewer merchants and traders. Now we have more merchants and traders but the price keeps falling like a rock

Last year there was a big PUMP which is created from chinese people which has invested a lot of money in bitcoin and alt-coin. But, with the China's BAN, price was reduced to 600$. Over this, another thing is that Mark Karpeles with his BOT has contributed to the PUMP 

The fed's auctions also helped crash the price.

[carlosiness]

I just dont understand why bitcoin reached 1000$ last year, there were far fewer uses for bitcoin and far fewer merchants and traders. Now we have more merchants and traders but the price keeps falling like a rock

Last year there was a big PUMP which is created from chinese people which has invested a lot of money in bitcoin and alt-coin. But, with the China's BAN, price was reduced to 600$. Over this, another thing is that Mark Karpeles with his BOT has contributed to the PUMP 

The fed's auctions also helped crash the price.

yeah, thats true

[Q7]

I think nothing is impossible. It's just a matter of time. The problem with most people is that they want fast results. And because of that they grow impatient. What I see is that acceptance level has been steadily growing, number of companies into bitcoin have also picked up, the biggest thus far is microsoft (I just hope that worked out) and with the uptrend maintaining, I'm sure price will adjust itself to higher level. Forget about 2k. Let's aim lower at 1k first.

[scarsbergholden]

I see quite a few posts of people predicting that btc will reach 2k this year, I just wondered what your reasonings for it were?

When gox fell completely I expected the price to go back up, but it seems to have just stalled around the 300 mark even after their dimise.

I am just wondering with all the other coins now out there, why do you think it will go straight back up and to 2k or beyond?

6x times in 1 year?
That is wishful thinking.

The price of bitcoin went up more then 100x in 2013 and went up similarly huge amounts in previous years. For the price to only go up by 6x would mean that the rate of price increase would be slowing tremendously.

[dumbdragon]

To hit 2k it'd essentially need twice the newb hype it had a year ago roughly this time. That's very unlikely. I can't see it hitting $1k for a long time myself.

[ikydesu]

I see quite a few posts of people predicting that btc will reach 2k this year, I just wondered what your reasonings for it were?

When gox fell completely I expected the price to go back up, but it seems to have just stalled around the 300 mark even after their dimise.

I am just wondering with all the other coins now out there, why do you think it will go straight back up and to 2k or beyond?

Where you had a predict from? the link? pict?
im not really sure will hit 2k this year or 2015, maybe next year(halving).