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You and me both. Gox will add litecoin, of that I'm certain, and when it does, there will be lots of people interested enough to put money in what is an inexpensive alternative to bitcoin, which I believe will push LTC up to between $10-15 by years end. Eventually I see the BTC/LTC price falling in line with their designed ratio of 1:4, meaning at BTC $100 I see LTC around $25.Quote:
Originally Posted by Shami-Amourae
Bitcoin is at $137. Crazy
Heard a commercial on AM radio yesterday, for a company that will mine bitcoins for you. Didn't catch the name, sorry; & I think it was The Patriot Radio station in MN.
Bitcoin currently at $139. Virtual currencies such as bitcoin and litecoin are able to react to market conditions much, much faster than gold & silver due to market manipulation of the latter. Because of this, I expect to see bitcoin somewhat mimic gold from 2000-2013 in a few years. I expect bitcoin to be $1000+ within 2-3 years.
Now would be a good time to buy Bitcoin. Has been Holding steady at the $120 level on BTC-e for a few months now, despite the take-down of silk road which only depressed the price for a couple days if that.
Where is it going to be after the next financial crisis?
With the debt ceiling looming and china jumping aboard BTC now in the middle to upper 130's.
Gox is higher but is a arbitrage scam.
BTC performing much better then gold or silver which have been price capped by the bankers.
Price on bitstamp.net is 142.97. (U.S. based exchange)
Bitcoin had the rise that all the Gold/Silver pumpers famed Gold/Silver would have. Yet, in their eyes, people who support Bitcoin are still idiots/crazy.Quote:
Originally Posted by Son-of-Liberty
Yep. If PM's weren't so heavily manipulated they would be having the same reaction.
Unfortunately I am still too heavy on PM's so am not capitalizing like I should be.....
Now 152.24 on bitstamp.net
A lot of the naysayers around here are going to be butt hurt 6-12 months from now when they realize they missed the boat again....