$421 boring action man. Somebody wake me up from hibernation if/when we hit $700 or something.
Even in the best-case scenarios, $700 is going to be a while... Maybe 4 months or longer....?
I would think that if we get into the $480s (and possibly into the $470s would be sufficient), then it is very likely that we would be able to experience the $600s within that same price run... and the $700s seem to be quite a longer shot, especially without some correction (profit-taking) period, first.. which could cause several months of delay... but really, I would like to be wrong, and it does seem difficult to deny that bitcoin is due for some kind of upwards price explosion... I just fear that getting into the $800s would likely require movement to a new ATH (and we may not be quite ready for that, yet?).
680 is next stop
You may be correct, but frequently I am skeptical when price predictions are too specific and lacking in qualifiers. That's a decent number, though... I frequently am hypothesizing that once prices go past $502 (which really seems to become inevitable after $480, then prices are going to shoot into the $600 to $650 territories... and certainly overshooting towards $680 is not outside of normal irrational bitcoin history, which seems quite likely to continue.
Sounds good. I bought my first bitcoin at $1200... thought about joining the forum right around then, but put it off. If one considers that things can go one of two directions, either up, or down, and within a relative range either way... we can be confident that the price will do
something soon. My thoughts are that it will shoot past brg444's conservative estimate, up to $880. I assign this a 51.5% probability. The remaining 48.5% probability is assigned to another integer of dollars. (USD pls.)
The first use of BTC as a central bank reserve settlement will probably take place this summer, after the miners activate seg wit. People are already enamored with the capabilities of the network, with segwit and the lightning hubs active,
the sky deep space is the limit. Mewn sewn boyz, sell the heirlooms, mortgage the house, pumpkin's college fund... get that on a wire to the exchange, your family will thank you later.