Post
Topic
Board Beginners & Help
Re: Will Bitcoin Reach $10,000 One Day?
by
toy4lov3rs
on 04/12/2013, 10:44:48 UTC
Can someone explain to me the hype going on in this thread? It seems incredibly unrealistic for BTC to go much above 1k even in the next year! But people are hoping for 4-5k by the end of 2014? Come on!?

This reminds me of the exact same crap that goes on in the penny stock forums. People with money make accounts to pump up the hype on penny stocks, and then when noone suspects it they sell 10MM worth at once and swipe everyone's savings in a heartbeat.

I just don't see how everyone here can realistically be buying into this and not fearing for their cash.

Look at previous year price increase %, nothing unusual if price hits 10k next year.
About the penny stock, Bitcoin is worldwide payment processing technology with a lot of money in this business, and much cheaper/faster/safer than western union or paypal.