$10K at the end of 2017?

[iamTom123]

Last month, we have read many self-proclaimed Bitcoin analysts and experts proclaiming to the whole world that soon Bitcoin will hit $10,000 by the end of 2017. We have some corrections since then which pulled back Bitcoin a little bit from its $2800 high and right now as I speak it is hovering at the $2500-$2600 level.

Bitcoin is now priced higher than 1oz. of gold and has beaten any other financial instruments in terms of return on investment which result into many money managers noticing Bitcoin and transferring some of their eggs into it.

Do you think Bitcoin will really make it into $10K within this year, most especially after its August One "date with destiny"? 

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[poulembertus]

very imposible if bitcoin price can reach 10k in end year 2017

[Fatov]

i like your idea, but it isnt possible, sorry

[SHawk]

This all depends on the willingness of the whales, the mining company & Chinese government and investors.

Cryptocurrencies news can be a hype so i often disregard such but bitcoin price rose from $800 to $3000 withing 3 months and could have gotten to $10,000 if that tempo is maintained.

[sir.humus]

I don't believe it's possible.
Even of more countries will start using Bitcoins as accepted currency,
even if the big whales and the economic world will dive into the bitcoin world,
and even if we will survive the hardfork with no casualties,
even then - it might double its worth and get to $5k maybe $6k,
but $10k is looking like the moon right now.

[ktabb]

Last month, we have read many self-proclaimed Bitcoin analysts and experts proclaiming to the whole world that soon Bitcoin will hit $10,000 by the end of 2017. We have some corrections since then which pulled back Bitcoin a little bit from its $2800 high and right now as I speak it is hovering at the $2500-$2600 level.

Bitcoin is now priced higher than 1oz. of gold and has beaten any other financial instruments in terms of return on investment which result into many money managers noticing Bitcoin and transferring some of their eggs into it.

Do you think Bitcoin will really make it into $10K within this year, most especially after its August One "date with destiny"? 

Bitcoin's volatility is an extreme deterrent to money managers. Money managers look for favorable risk when choosing investments. The risk that comes with crypto versus the potential reward is extremely unfavorable. If they wanted to make high risk trades, they would look to the stock market, where risk is significantly lower and reward is at least as high as bitcoin.

Bitcoin will not hit $10k by 2017. In fact, it will be lower than it is now. The trend seems to be reversing, and bitcoin is continually facing resistance around $2800. It is very overvalued and will start to decline soon. I would bet that by the end of the year, it is at $1500 or lower.

People always make insane predictions like $10k in a few months or $100k in a year. People were making literally these same predictions in 2013.

[gilangIDR]

For the time being I'm not sure bitcoin can be up to 10,000USD in the end of 2017. There needs to be a very big news like regulation about bitcoin. If a stable price like this is probably 4,000USD is the largest nominal bitcoin can achieve. I prefer a steady increase because it can make bitcoin not fall off quickly.

[Duzter]

very imposible if bitcoin price can reach 10k in end year 2017

None can't say that it won't happen by the end of the year with 100% assurance, because price increase with bitcoin is simply big and happens anytime​ with accordance to the adoption happening with the bitcoin causing a increased circulation of bitcoin around the network. So, even $10k is possible but right now the speculations were to reach $3500 by the year end.

[bering]

i think it depend on 1 august just like you says that this is the date of destiny for bitcoin but if bitcoin could through this date with good situations then i would says it is possible to reach $10k by the end of this year

[Shawns]

I personally think $10K is not possible for the end of 2017. However, I think $4k is possible.
We just have to wait for 1 August & Segwit2x

[Janation]

I personally think $10K is not possible for the end of 2017. However, I think $4k is possible.
We just have to wait for 1 August & Segwit2x

That is right, having that $10000 bitcoin price is a bit high and it is impossible to reach this year, I think it will not be even reaching  $5000. Even after the network splitting this August, it will just pump little by little, it won't pump straight to where it normally was. Because after this month, there will be investors and users that will be doubting again bitcoin.

[marcuslong]

For real? This is possible to happen but not will take long for example bitcoin price will hit 10$k by the end of of 2017 for sure it will take 10minutes only because lots of people are gonna sell there bitcoin before the year ends and they need money to celebrate new year and it will back into normal pricing again just for christmas holiday lmao.

[Lancusters]

I don't believe in such a development. There are no prerequisites for this. Even if the price is above 3000 that's good. Many people dream to get rich thanks to bitcoin and therefore believe in such jumps. I don't believe. Even if there is a stable increase of $ 100 a month that's good.

[AK47-]

I can surely say $10k by the end of year is not at all possible. Right now bitcoin have became unpredictable. Lets see what happens on 1st August. Even if everything goes well after August. Still bitcoin can't reach $10k. Something near $4k might be possible.

[DrGuns4Hands]

i think bitcoin will only reach more than $5k this year as you can see there's a lot of methods or what we called process before it increase if you can see to dates bitcoin price graph it is pull down and push up price graph in short it's not stable to pushing the price up it is up and down right now so if you want to have an extra income this year don't convert it yet just stack it on your btc wallet.

[marseille]

I don't think that bitcoin will hit that high price in this year as its too high to expect from short term and I would be really happy even if touches the price of $5k in this year but that also seems to be unrealistic.

[jerowacik]

I don't think that bitcoin will hit that high price in this year as its too high to expect from short term and I would be really happy even if touches the price of $5k in this year but that also seems to be unrealistic.

I agree with you. It would be very difficult to reach the 10K $ price. Maybe 5K $ is a realistic number, but it all depends on the circumstances and situation in market share bitcoin. The more people who use bitcoin the higher the bitcoin price. It is the law of demand in the world economy.

[YuginKadoya]

We can really never tell what is gonna happen up to now, and right now the price is still at $2700 and still resisting in going ahead further up to the $3000 mark value I truly think that many will happen after the August 1 event that all of them are saying and we can really never sure in what movement it can gain if that occur, well $10,000 is a lot in the end of the year and I think people are just saying that and getting to the analyst type they are because of they really want to get the bitcoin price to badly skyrocket that much faster, well we can never tell for now until we are safe to say that the split will not gonna ruin bitcoin.

[coinzoid]

I don't think that bitcoin will hit that high price in this year as its too high to expect from short term and I would be really happy even if touches the price of $5k in this year but that also seems to be unrealistic.

I agree with you. It would be very difficult to reach the 10K $ price. Maybe 5K $ is a realistic number, but it all depends on the circumstances and situation in market share bitcoin. The more people who use bitcoin the higher the bitcoin price. It is the law of demand in the world economy.

No one has guessed going from 800 to 3000 in a few months. So, the price may hit 10K $ with a extreme rally. But end of 2017, I don't think so.

[Zicadis]

I don't think that bitcoin will hit that high price in this year as its too high to expect from short term and I would be really happy even if touches the price of $5k in this year but that also seems to be unrealistic.

I agree with you. It would be very difficult to reach the 10K $ price. Maybe 5K $ is a realistic number, but it all depends on the circumstances and situation in market share bitcoin. The more people who use bitcoin the higher the bitcoin price. It is the law of demand in the world economy.

I certainly agree with you guys it won't be possible if things remain the way they are at the moment but should we receive good news come August we should see a soar in price and probably hover around the 5k dollar range with ease and  who knows maybe $10k could be reality with bitcoins unpredictability