Silk Road forums

Discussion => Security => Topic started by: CallmeBruce on April 04, 2013, 12:37 am

Title: Bitcoin Fame and your predictions
Post by: CallmeBruce on April 04, 2013, 12:37 am
I've seen about four articles in mainstream news this week about the rise of Bitcoin and the potential bubble.

For me, I now have a comeback if ever a bank teller asks me what I am buying. I will say “Haven't you read the news. This is the latest and hottest investment”. Sadly no one ever asks.

Not sure if all this fame this is helping or hindering the Bitcoin. With the Cyprus crisis, Bitcoin ATM's  and more on-line traders accepting BTC will Bitcoin bloom into “the” online currency? Or will the establishments combine forces to bring it down? Will BTC speculators flood the market with hoarded coins and cause a crash?

Who has the best crystal ball out there and is willing to commit a prediction?
Title: Re: Bitcoin Fame and your predictions
Post by: radi8power on April 04, 2013, 01:47 am
Whoever's hoarding BTC probably has enough saved up by now to cash out just a bit at a time, enough to influence the media spin and corporate/political BS however they want. I dunno what's gonna happen, but I bet if you could find and ask the people holding all those virgin BTCs that at least a few of those people really do KNOW what's going to happen.
The manipulators.
Title: Re: Bitcoin Fame and your predictions
Post by: maple on April 04, 2013, 01:49 am
At some point, governments will probably kill BTC. It is the biggest financial threat to their power. No clue when it will happen, but I am willing to bet that it will.
Title: Re: Bitcoin Fame and your predictions
Post by: p3nd8s on April 04, 2013, 01:53 am
I can see BTC/USD hitting $10,000/BTC in the next five years. On a shorter term, I can see it hitting $1,500 in the next 12 months.