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Author Topic: Fair Price of Bitcoin: $518?  (Read 4605 times)
koelen3
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March 04, 2015, 06:03:36 PM
 #41

What actually do you/they consider as fair price ?
The price is always fair with one person's perspective but it will never be fair as same .
If you're looking for fair price , just put some in paper wallet for a year or two .
if you use them for buying/selling/trading , it's always fair price .
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March 04, 2015, 06:47:09 PM
 #42

Its hard to give a stable price to bitcoin. Sometimes I used to think 100$ would be it. But hard to put a price on it.
A stable price of $5000 would be great to, but we should try to focus on a realstic price, like $350-$550.
$5000 stable price is just a sweet dream and I don't think the price will go there but I hope the price become stable at around $500
You heard him China, wake up guys, get us to $500 by Monday Morning! /s But I think we can all agree that $500 is a good price to be stabled at.

You speak for everyone?

Well I don't agree.
What is a price you would like to realistically see? But I will correct it to most.

within 5 years i would like to see $10,000.


I said realistically.
certainly at the moment one stable price would be between 450$ and 550$.
But I have no doubt that in the coming years we will be hitting the home of the 1000$.

5 years for $1000, 15 years for $2500. Bitcoin had its huge growth, its not gonna go up 49900% again.

Do you have any facts or data to support your opinion?



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March 04, 2015, 06:55:20 PM
 #43

Its hard to give a stable price to bitcoin. Sometimes I used to think 100$ would be it. But hard to put a price on it.
A stable price of $5000 would be great to, but we should try to focus on a realstic price, like $350-$550.
$5000 stable price is just a sweet dream and I don't think the price will go there but I hope the price become stable at around $500
You heard him China, wake up guys, get us to $500 by Monday Morning! /s But I think we can all agree that $500 is a good price to be stabled at.

You speak for everyone?

Well I don't agree.
What is a price you would like to realistically see? But I will correct it to most.

within 5 years i would like to see $10,000.


I said realistically.
certainly at the moment one stable price would be between 450$ and 550$.
But I have no doubt that in the coming years we will be hitting the home of the 1000$.

5 years for $1000, 15 years for $2500. Bitcoin had its huge growth, its not gonna go up 49900% again.

Do you have any facts or data to support your opinion?



Do you? The price may swing down to under $100 in a month, but I don't think one btc is gonna reach $10,000 unless theres a ton of inflation.
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March 04, 2015, 07:46:05 PM
 #44

First of all, I said "I would like to see", I didn't make any prediction, whereas you not only made a prediction, you stated it as if it were fact.

Anyway the reason I would not be surprised with exponential growth is based on the possible displacement of several trillion dollar markets, such as gold.

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March 04, 2015, 07:54:18 PM
 #45

pfff i would be happy if it comes back to 300 dollars im not even thinking about 500

Yes but before I purchase some I hope it goes up.Today i will purchase about 10 btc and hold them til i see at least 100 usd in profit.
Seems like the best way to use the bitcoins holding and profit when price rises.

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March 04, 2015, 08:07:14 PM
 #46

I dunno, you can't really put an equation on the price. Like many others have stated it's a free market and people can sell for whatever price they'd like while other will buy at whatever price they like. THIS IS WHERE THE HUGE UPSIDE POTENTIAL IS. All you need is a large demand with a limited supply and the price could surge very quickly. We saw it in 2013, and I expect we'll see it again.

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March 04, 2015, 08:18:30 PM
 #47

There is no such thing as ''fair'' price in business.
In business value or price of something is always dependent on supply and demand.
It's simple like that Smiley

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March 04, 2015, 08:47:34 PM
 #48

pfff i would be happy if it comes back to 300 dollars im not even thinking about 500
300 dollars is only a few weeks away , dont worry. im thinking we'll get at 500 in maybe 2 Months or so ?
Price have slowly been going up , but been sinking because of people losing hopes ( exchanges getting hacked etc )
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March 04, 2015, 08:59:14 PM
 #49

pfff i would be happy if it comes back to 300 dollars im not even thinking about 500
300 dollars is only a few weeks away , dont worry. im thinking we'll get at 500 in maybe 2 Months or so ?
Price have slowly been going up , but been sinking because of people losing hopes ( exchanges getting hacked etc )
Lets hope all these exchange hacks teach people that their btc is only safe with them  Smiley .
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March 04, 2015, 09:56:57 PM
 #50

pfff i would be happy if it comes back to 300 dollars im not even thinking about 500
300 dollars is only a few weeks away , dont worry. im thinking we'll get at 500 in maybe 2 Months or so ?
Price have slowly been going up , but been sinking because of people losing hopes ( exchanges getting hacked etc )
Lets hope all these exchange hacks teach people that their btc is only safe with them  Smiley .
hopefully it does , i dont understand why exchanges keep getting " hacked " tho , maybe its just scams : <
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March 04, 2015, 10:48:29 PM
 #51

pfff i would be happy if it comes back to 300 dollars im not even thinking about 500
300 dollars is only a few weeks away , dont worry. im thinking we'll get at 500 in maybe 2 Months or so ?
Price have slowly been going up , but been sinking because of people losing hopes ( exchanges getting hacked etc )
Lets hope all these exchange hacks teach people that their btc is only safe with them  Smiley .
hopefully it does , i dont understand why exchanges keep getting " hacked " tho , maybe its just scams : <
Exchanges are not sercuring their coins, and I'm sure some of them are inside jobs.
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March 05, 2015, 02:09:48 AM
 #52

Maybe I am too optimistic, but I feel right now is the time to buy . but only time will tell
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March 05, 2015, 02:18:49 AM
 #53

I'm just over here waiting for the day the 21 millionth bit coin is made so I can sell my bitcoins while the price is high. Wink
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March 05, 2015, 02:25:00 AM
 #54

First of all, I said "I would like to see", I didn't make any prediction, whereas you not only made a prediction, you stated it as if it were fact.

Anyway the reason I would not be surprised with exponential growth is based on the possible displacement of several trillion dollar markets, such as gold.

Well, that is a good point if just some of the gold investors decided to hope onto the bitcoin train then it would really be a train lol

We would not need many of them to notice a big difference and where that would take us is unknown to me but it would be pretty exciting time in bitcoin.

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Btcvilla
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March 05, 2015, 02:38:42 AM
 #55

First of all, I said "I would like to see", I didn't make any prediction, whereas you not only made a prediction, you stated it as if it were fact.

Anyway the reason I would not be surprised with exponential growth is based on the possible displacement of several trillion dollar markets, such as gold.

Well, that is a good point if just some of the gold investors decided to hope onto the bitcoin train then it would really be a train lol

We would not need many of them to notice a big difference and where that would take us is unknown to me but it would be pretty exciting time in bitcoin.
We need all investors to hop on the Bitcoin train, it would be really amazing.
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March 05, 2015, 05:56:36 AM
 #56

makes no difference to me nor alot of other members here.  why is everyone so obsessed with the price of bitcoin without buying any.  those that want high prices are just waiting to sell.  enjoy the low prices and buy.
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March 05, 2015, 09:26:52 AM
 #57

So, some whales suppress the price and eat as much bitcoins as they want and then burn the sparkle?

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March 05, 2015, 09:29:33 AM
 #58


With the ability to short coming into play over the last year its one of the reasons we are lower than expected.  It was something new that everyone wanted to try out and it timed very well with a bear market.  Perhaps we'd be still $500-$600 else.
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March 05, 2015, 12:10:54 PM
 #59

Without looking at the formula, it's certainly still undervalued considering the potential for growth and for world wide mainstream adoption, years down the road. If you consider the market size of existing money remittance service, it should be far higher than that. that is the area where I see bitcoin will most likely excel at.

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March 05, 2015, 12:41:52 PM
 #60

Bitcoin already seems to be fair at it's price.
Also, 1 BTC will always be = 1 BTC however much it is valued at, so instead of going for fiat, I would prefer a stable price at which we will be able to spend our BTC and don't regret if a price hike happens the next minute, which I am sure nobody wants...

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