Quote from: BitCoinDream on September 26, 2014, 05:38:52 PM

Quote from: boumalo on September 20, 2014, 02:15:43 PM

Quote from: faiza1990 on September 19, 2014, 04:10:55 PM

Quote from: Youghoor on September 06, 2014, 02:06:11 PM

Quote from: ihuntbtc on September 06, 2014, 12:40:46 PM

Cant wait till we hit 2000 and fallling leaves the forum Roll Eyes

that will take some time in order to achieve $2000 trade of bitcoin should be in billion.

I think this will take too much time or if we are lucky then just one big jump and all is done we have both options open right now for this

We saw 1000% in 2months already including last year which would give us a price of 4000$; it will happen when the market will understand that the western financial fiat system will go to the toilets : the USD will plunge, the FED will do more of what has not been working : more QE, more liquidity in the system and low interests rate; they will say it is the fault of russia, the war, ebola, banks ect. when it is actually the fault of central banks, governments and people that want free stuff from the government and more "security"

The more traders get into Bitcoin, the more this fluctuation increase, because all these traders will try to make some money using "Buy Low, Sell High". On the contrary, the more merchants get into Bitcoin, the more price will lead towards stabilization. These 2 facts are contrary to each other.

Right now, a lot of merchants are coming in and hence traders are taking down the price as they know the price have to go up. They are collecting coins at low price. By normal economics price will go up with grwoing usage and then these traders will make HUGE profit.

If you have more traders and more people shorting you should find the correct price more rapidly thus having going faster to a price stability