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Author Topic: When will the price of BTC in USD exceed 12 USD?  (Read 725 times)
sron
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June 30, 2012, 04:41:25 PM
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When will the price of BTC in USD exceed 12 USD?

July 2012?
Oct 2012?
Dec 2012?

Later?

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Pappy
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Best question there is, Why?


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June 30, 2012, 05:04:47 PM
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Well being new to BitCoin, I don't think anyone can answer that question. It's like everything else on the market the price will go up and down. You, me and everyone else needs to decide to hold or sell and at which point do you sell? When you can make a $2 USD, $5 USD etc. profit. Myself I can see BitCoin's value going up over time. As long as nothing drastic happens. I was reading BitCoin was around $15 USD at one point and now it's about $6.50 or so. Will it get it's $15 value back? I don't think anyone knows that answer.

If your holding BitCoin's, you need to set a profit margin you are happy with and sell at that point in time.

I've had stocks in the past and now I am kicking myself for selling them. I made money, but I would have made a lot more if I didn't sell them at the price I did. You just don't know what's going to happen.
mystery2048
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June 30, 2012, 05:32:58 PM
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Price is gonna rise very quickly and unexpectedly... as is the price of namecoins and litecoins... Smiley Hold onto them if you can...

Important: https://bitcointalk.org/index.php?topic=92424.0;all

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June 30, 2012, 06:06:14 PM
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Nobody knows that. It's possible that the price exceeds 12 USD next month, but it's also possible that the price exceeds 12 USD in December 2013.
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June 30, 2012, 06:15:38 PM
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Dec 12th 2012 @ 12:12 utc

AmazonStuff
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June 30, 2012, 06:26:12 PM
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Dec 12th 2012 @ 12:12 utc

Best gift for my birthday LoL  Cheesy
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June 30, 2012, 08:00:15 PM
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Dec 12th 2012 @ 12:12 utc

Best gift for my birthday LoL  Cheesy

lol
Raoul Duke
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June 30, 2012, 08:09:23 PM
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Soon®

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June 30, 2012, 08:14:25 PM
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I say we spike above 12 (if we aren't there already) around the time the reward halves. But the reward decrease will be a "sell the news" event, resulting in approximately a 30% pullback before we reverse and head higher again. Mark my words! No, actually, don't b/c this comes from butt.  
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