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what do you think about Bitcoin's cost for next years ?

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davisconfuse

In past weeks there was a change of bitcoin's cost and I wanted to know what will happen in maybe next month or next year , it was 600 $ and then it becomes 580$ , If it goes down , then its so bad for Bitcoins future , and all the people who work hard to make Bitcoins , people who search and click , people who buy and use it on bets and people who mining bitcoins with hardwares , this is not a Joke for all of us , I wish it goes more up than low , I think that maybe there is someone who know about statics of its costs and its low and high .

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  • sammir

    i think the price will rise at the end of the year or in the early 2015, btw when the bitcoin go up for $1000 i was my moment thanks for this now i have a new car woohaa! :p

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  • davisconfuse

    this is great sammir . i wish its rising up . i had some questions . which way do you use to make bitcoins . when u buyed bitcoin and how much u had to buy a car :d ?

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  • Apple

    @sammir i think the price will rise at the end of the year or in the early 2015, btw when the bitcoin go up for $1000 i was my moment thanks for this now i have a new car woohaa! :p

    I dont think there's any predictable timeframe for the next rise in price, it will rise out of circumstances that cause bitcoin to show it's true value to the world. I expect something like Cyprus to happen again but on a larger scale.

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  • jamesmm

    Keep in mind, Bitcoin has no want or intent to have a high price. It's software, it does not value $$$. It also wasn't necessarily created for people to profit from.

    I'm not saying I don't want my Satoshis to be worth more than they are now, I do of course. But I really don't expect it.

    Also remember that high price of $1000-$1100 could have easily been 'faked' or artificial from the whole Mt Gox and Willie bot thing. I'm not going to pretend I fully understand that whole thing, but I don't feel I can trust the price at those times. Honestly I ignore all price data from pre March 2014.

    Anyways, just my two Satoshis, :)

    I think @Apple said it well. I also think it's going to be an event like that that causes it.

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  • frog

    I'm pretty sure we will see 5k next year, mark my words :)

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  • bitsol

    I think it will rise to be $20,000

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  • bitsol

    Here is a World Bitcoin Network model creator, that I used for my post above ^ http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html

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  • Alchemix

    @bitsol I think it will rise to be $20,000

    I think you will be right, BTC will be worth 20k...but 20k pesos. 2015 will be a year of regulation, which will lead to a slow steady rise in price.

    disclaimer I would love for BTC to be worth $20,000 USD in the near future though

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  • asdolino

    The next BIG rise will be in 2016 with the block reward halving, it could skyrocket up to 10,000$ in my opinion.

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  • zonda

    2k in the next year or so!

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