Post
Topic
Board Beginners & Help
Re: will the bitcoin reach $1000 one day...?
by
Rassah
on 18/08/2013, 05:42:02 UTC
I doubt bitcoin will hit $1k anytime soon. I know I won't pay $1k for a bitcoin.

Would you pay $100 for a bitcoin? People said they'd never pay $100 for one, when it was worth $4.

Logically this doesn't work. You can always say well it started at X and once was X. This doesn't hold any weight in how the price is determined. 

So, logically you will pay $1k for a Bitcoin when it's worth $1,000?