Bitcoin Forum

Economy => Speculation => Topic started by: rajmagar on July 29, 2016, 05:56:30 PM



Title: sky rocketing bitcoins.......!!!!!!!
Post by: rajmagar on July 29, 2016, 05:56:30 PM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: vero on July 29, 2016, 07:38:00 PM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????
if you has know no one can predict what will happen with bitcoin so why you still asking us what will happen with bitcoin in the future and what is the prediction. i just realized the key of all this is a profit so after you get profit just wait the right time to buy it back again.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: takingthis4 on July 29, 2016, 07:50:26 PM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????
if you has know no one can predict what will happen with bitcoin so why you still asking us what will happen with bitcoin in the future and what is the prediction. i just realized the key of all this is a profit so after you get profit just wait the right time to buy it back again.
of course no one can predict what will be after some time, the price can go booming or it can just drop, thats why i like bitcoins that much and i think it is the best currency


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Matt Guy on July 29, 2016, 07:59:36 PM
Tim Draper predicts 10,000 USD per BTC in 2018, but I'm not sure how he came to this conclusion.
The fact is that bitcoin can make the live of many people better, I think it's good to reserve some to ensure.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: podyx on July 29, 2016, 08:04:11 PM
I believe just the mere fact of bitcoin's deflationary nature have to make the price go up.

And then there's a hundred other things that helps to that path too.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: MingLee on July 29, 2016, 08:34:36 PM
Tim Draper predicts 10,000 USD per BTC in 2018, but I'm not sure how he came to this conclusion.
The fact is that bitcoin can make the live of many people better, I think it's good to reserve some to ensure.
I personally don't think it'll hit $10,000 USD in 2018, but it might have been a good prediction back whenever he made it. Today that's highly unrealistic, and I think that the prediction was made during the rise up to $1,000.

You're right that Bitcoin can make the lives of many people much better, and you just have to look around the forum a bit to see it. It's honestly a great technology, and I personally think that it could be great.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Das on July 29, 2016, 09:21:14 PM
$10,000 is too high a prediction. Don't get your hopes too high guys, let's hope for $1000 by 2020.

Do not forget that altcoins are there as well... there is competition.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: NewBet on July 30, 2016, 02:07:00 AM
$10,000 is too high a prediction. Don't get your hopes too high guys, let's hope for $1000 by 2020.

Do not forget that altcoins are there as well... there is competition.
$10,000 obviously too high and $1,000 are just fine. Based on the current speed , $1,800 are highly possible.
Altcoins will never gonna beat the bitcoin. Bitcoin will always lead the line for all cryptocurrency . Even the toughest competitor like ETH , still haven't reach 5% price of Bitcoin.
Bitcoin are a starter and all altcoins are just follow up.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: yhansky on July 30, 2016, 02:28:15 AM
$10,000 is too high a prediction. Don't get your hopes too high guys, let's hope for $1000 by 2020.

Do not forget that altcoins are there as well... there is competition.
Even there is altcoin they can never beat bitcoin,and as far as i know bitcoin can go up to 2000$ by the end of the year.
And by 2020 another halving will occur ,and bitcoin can make it to 10,000$


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Xenophoto on July 30, 2016, 02:33:16 AM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????
Well, that was 4 years of difference. In 2009, bitcoin was just released. People are full of doubt, and didn't believe in it. Mostly people who are into computers are the ones who invested in bitcoins. When the modern technology took over, of course a lot of people have become aware of bitcoins. A lot of people wanted to invest, so the price has increased a lot.

Now, like you've said, almost everybody knows about bitcoin. Unfortunately, there's no more force that pushes people to invest a lot of money in bitcoins. Bitcoin isn't a thing anymore or maybe just yet. We don't know when would it sky rocket again so always watch the chart everyday.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Wind_FURY on July 30, 2016, 02:55:23 AM
Everyone does not know about it. Go around and ask random people if they know bitcoin, they will sure to give you a funny look like you are crazy. For my prediction I think it will go down below $600 this yeat and stay there for a while before the next pump that will make it stay above $700. No one is buying a lot at this price level and it will need to go down because the people are waiting for a bargain.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Karpeles on July 30, 2016, 03:10:42 AM
What is the future?

Moon prices, of course.

When one doesn't know the future then the only viable option is make it be whatever he wants, that is, big and bigger prices every day


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: pooya87 on July 30, 2016, 03:54:44 AM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????

you said it yourself not one can predict it for sure. but one thing is clear and you can never deny it. and that the fact that bitcoin has a lot of potential. and this potential has not yet found. and since bitcoin is growing day by day i think it is safe to say that bitcoin price will rise a lot in the long term.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: maydna on July 30, 2016, 04:51:22 AM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????

if people still believe in bitcoin in future, then bitcoin should be high value, but no one can make right prediction, its only just prediction and its depend on people and the market. if many people know and use bitcoins then it will up into sky. just sit and watch it.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: bajing on July 30, 2016, 04:56:17 AM
so you ask about my prediction for bitcoin price may be the prices will skyrocket later in the next halving that would occurs in the year of 2020.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: The Sceptical Chymist on July 30, 2016, 05:15:45 AM
Errm, you're going to get a nearly infinite number of predictions, and still no one knows where we're headed. People may be very sure of their predictions,  but those folks are full of it. 

And if I knew for sure where bitcoin would be a month from now,  do you think I'd f-ing tell you?


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Leonard2016 on July 30, 2016, 05:36:07 AM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????

bitcoin is going to go to the moon sooner or later. it is only a matter of time at this point because it has been stuck at a very stable price to build the ground work for the launch to the moon.

that is why i am expecting another huge rise this year to the prices above $1000 very soon.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Hellacopter on July 30, 2016, 08:16:56 AM
Bitcoin is already growing up daily, and if we check the price's history since 2009 till now, we will notice easily it's increasing quickly. And i think the price will still increasing highly with time


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Edwardard on July 30, 2016, 08:30:22 AM
bitcoin is well known for its fluctuating prices. we bitcoiners always think positive about the future of bitcoin. but dont forget that it is totally unpredictable. if it had grew positively from 2009 till now, then it doesnt mean that it will grow in the same way in the next few years also. but as more and more people are becoming aware of btc and investing in it daily, i think the future would be very bright for btc. thats just my opinion.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: trafficolaa on July 30, 2016, 08:40:33 AM
Tim Draper predicts 10,000 USD per BTC in 2018, but I'm not sure how he came to this conclusion.
The fact is that bitcoin can make the live of many people better, I think it's good to reserve some to ensure.

We all aware of this that nobody can predict about the cryptocurrency, at this point when $10,000 looking very high for 2018, maybe when will get closer to that year than it will be possible to get that price for each bitcoin, I' also quite sure price will increase for sure but don't know how much it will be.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: shizuska on July 30, 2016, 08:52:55 AM
10x current market cap by 2020 is reasonable prediction. That would mean about 6000 usd per coin.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: angaper on July 30, 2016, 08:55:04 AM
Remember that in this forum there are many experts and old members that don't need this kind of useless explanations about what is bitcoin. It seems that you are just trying to talk to newbies about bitcoin for the first time.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Denker on July 30, 2016, 09:14:19 AM
$10,000 is too high a prediction. Don't get your hopes too high guys, let's hope for $1000 by 2020.

Do not forget that altcoins are there as well... there is competition.


$10.000 might be too high for 2018 but definitely not too high in general.
And $1000 in 2020 is very very conservative prediction.I think we will be higher than that.
Regarding altcoins they are mostly by traders to increase their Bitcoin stash if they are good at it.Also Altcoins never will replace Bitcoin as long as there will be no real serious issue with Bitcoin than can not be fixed.
However I believe a good hand full of alts will find a niche with some nice value.But finding them is like searching for the needle in the haystack.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: electronicfactura on July 30, 2016, 09:38:43 AM
Bitcoin will go up gradually and there will not be any sudden price increase which many people are expecting to see a dramatic rise over the night. Bitcoin already has reached to best prices in comparison to last year's price. I will say there will be increase on permanent basis as Bitcoin is inflation free but thinking to see in 5 digits this is too much in my opinion. I will say $1000 is reasonable to see at first step.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: helloeverybody on July 30, 2016, 09:39:32 AM
Bitcoins were introduced in 2009 but it became viral over the world in recent 2015 and now each and every person knows about it............ As learned in schools and business, when supply decreases, demand increases and price increases........Bitcoin is like a chameleon changing its price at seconds . No one can assure what will happen ....At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ? what is the prediction????

Not quite accurate, Basically everyone i approach who ive never discussed bitcoin have still never heard of it and those that have heard of it know very little about it, They may have heard that its internet money, Used for drugs or they just recognise hearing the word "bitcoin" somewhere. We are still a long long way from even minor adoption. As it stands we have less than 1 percent adoption and im not sure how fast thats growin if at all? If in the future we actually do get major adoption then the skys the limit but getting new blood in is the biggest problem at the moment.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: kwukduck on July 30, 2016, 10:10:36 AM
You should really educate yourself.
Bitcoin is fundamentally flawed, not anonymous and does not scale.
All this bitcoin promotion you see is just guys afraid to lose their tulips imaginary worth and sell asap to the next fool.
Invest in crypto 2.0.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: 1Referee on July 30, 2016, 10:20:22 AM
10x current market cap by 2020 is reasonable prediction. That would mean about 6000 usd per coin.

Reasonable? I don't think so. With less than 4 years left the price must increase with around $5350 in order to meet your price target. It means that the price would need to increase with $1337 per year. Please tell me, what on earth can trigger such a massive price increase?


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: ASHLIUSZ on July 30, 2016, 05:05:31 PM
As the use of bitcoin becomes more easier, and it becomes more common, and more value is transmitted through the network, the market cap will necessarily increase. If that increase outstrips the minting of new coins, the value of each coin goes up. Maybe moon, but more than it is now.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Meuh6879 on July 30, 2016, 06:05:54 PM
At NOV 2009 a bitcoin was worth 2 US dollars and in NOV 2013 it was 1000 US dollars per bitcoin........... So what is the future ?

what is the prediction????


http://imagizer.imageshack.us/a/img922/8543/5CUEzM.jpg

http://imagizer.imageshack.us/a/img922/4153/fS75lz.jpg

https://twitter.com/bitpump et https://twitter.com/TuurDemeester/


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: StoreBit on July 31, 2016, 08:18:56 AM
yes most of the people are expecting so and the reason is very clear because there is no negative news about bitcoin, the interest of the people is increasing more and more they are investing their money here, they have full confidence on bitcoin, in present position no one is ready to sell their bitcoin they are holding it for price increase therefore i think there is no reason that stop bitcoin from sky rocket.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: MaritiJames3 on July 31, 2016, 07:33:09 PM
yes most of the people are expecting so and the reason is very clear because there is no negative news about bitcoin, the interest of the people is increasing more and more they are investing their money here, they have full confidence on bitcoin, in present position no one is ready to sell their bitcoin they are holding it for price increase therefore i think there is no reason that stop bitcoin from sky rocket.

The price is seeing a downwards trend again. I am not sure where and if it will stop but on the long term it should be fine.
We should however prepare for something more drastic.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: ask on July 31, 2016, 07:39:03 PM
RSI is telling:

Time to go ALL IN.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: outatime1 on July 31, 2016, 07:39:29 PM
I don't think every person knows about bitcoin. I think very few people understand what it is. We still have a long way to go but it is promising that the price it beginning to rise again and is fairly stable right now.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: 2legit2 on July 31, 2016, 07:58:25 PM
10x current market cap by 2020 is reasonable prediction. That would mean about 6000 usd per coin.
i think it will definitely happen, there is a lot of time till that and in my opinion the price will grow a lot because there will be not a lot of time left till another halving


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Superways on July 31, 2016, 08:04:01 PM
We are just waiting for another boost of demands and in that time the price will continue to increase like chameleon and once again we will be able to see the price of bitcoin around $1000, that time will be the time for bitcoin sky rocketing, and that sky rocketing will also play an important role to increase the rate of adoption of people from all over the world.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: funbarrel on July 31, 2016, 08:21:53 PM
10x current market cap by 2020 is reasonable prediction. That would mean about 6000 usd per coin.
it will definitely be a really hard thing to achieve so i wouldnt put too much hope into it because nearly anything might happen to the price in my opinion


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: CloudStrife on September 02, 2016, 12:40:13 AM
As many here know, T. Draper made the prediction of 10,000 USD per Bitcoin, for something around two years from now, but I'm still a bit skeptical about it.
Thanks for the chart above. It is really useful, I will perform an analysis about it.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: Slark on September 02, 2016, 02:15:53 AM
Tim Draper predicts 10,000 USD per BTC in 2018, but I'm not sure how he came to this conclusion.
The fact is that bitcoin can make the live of many people better, I think it's good to reserve some to ensure.
There is now way to accurate 'predict' price of bitcoin in a long time. Unlike anything else bitcoins are traded on the free market, which is exposed to many different influences.
Predicting bitcoin price is nothing more than gambling.

That prediction Draper 'commited' is from 2014. It was right after that historical ATH of BTC was achieved. So it turned out to be overly optimistic, because of that.
There is no way that bitcoin will reach $1000 in near future, so we can forget about 10k in 2018.


Title: Re: sky rocketing bitcoins.......!!!!!!!
Post by: ImHash on September 02, 2016, 02:24:28 AM
It's not about bitcoin and it never was, but it's about the technology behind it and what it represent.
You can be assured that any technology based on block chain and with bitcoin's transparency could reach those highs easily.
One of which would be ETH.