Bitcoin Forum

http://bitcoinfaucetrelay.com/four-charts-that-suggest-bitcoin-value-could-be-at-10000-usd-next-year/ Click There For The story!!!

Looks promising. Let's hope they are correct! ;D

I do believe this is true

Sorry, it doesn't work that way.

This is a flawed analysis.  Just because
there is a trend on a logarithmic chart
(Bitcoin exploded from nothing to something),
doesn't mean it will continue, and 2014
proved that in no uncertain terms.

People were using same logarithmic charts
in early 2014 and expecting a huge bull
run that never happened.  (TOLD YOU.)
 
I do believe BTC will get to 10,000 but not
by next year.

There is still too much supply and not
enough demand.  Give it 5-10 years.

i believe from $0 go to $1200
and now around $200 i believe it will touch $10.000 or more .
but for a longest times .

No charts can define the price or rise in it's market value .
It might just fall to 100$ and go back up to 1000$ , there's no way to tell.
While investing in bitcoin , you must never invest your livelihood , just enjoy and earn.
It's FUN if you stay around

Have to agree with your analysis. And also, the bull run in the late 2013 was mostly as a result of MtGox rigging their trade-book. May be in another 4-5 years, when the demand exceeds the supply, we will witness another bull run, similar to the one in 2013.

Yes, this rigged trading book (Willy bot) is something most people seem to forget or not factor in. The $1200 price was (partially) artificially created! China jumped on board too, but how much of that was due to the Willy bot making the price continue to rise, enticing the Chinese in to the scam? Willy bot was a HUUGE factor imo. I think we just finally finished correcting from this within the past week. It took over a year-- that's how much damage the bot caused. Mark Karpeles is evil on so many levels.

Ive seen charts like these forever. draw some lines on a graph...better yet, suggest that past performance indicates future performance. Its called TA and it has been proven worthless. Go to the Speculation sub and look around. Actually go back a few pages and see the same predictions of "Da Moon!" backed up by the same charts...if this method worked, we would already be beyond 10 000$ per btc.

I get it, BTC is boring right now, the price is sluggish, disappointing, weak. We are all hoping for some kind of bubble, but you would be better off being realistic. Things may stagnate for a very, very long time. In fact, BTC could still fail completely. I hope not, but if I expect the very worst, then any upward movement, or even nice stable sideways movement, is a gift.

At this point I look at my stack as a 100% blind gamble. I might end up with zero, I might get rich. So far I am a teensy bit ahead.

go to bed, and come back in 5 years. Its easier on your nerves.

Hehe, love this nonsense chartism
No offence, would love for this to happen, but this is useless analysis

Learning from the past you can tell the future !!!! Who said anything about me saying i just found this.....everybody keep your heads up i believe  In what I wrote. ;D               "colinistheman Has His Pissy Pants On"........

I BELIEVE IN  10K

http://www.thebtcsociety.com/headlines/spanish-bank-backs-decentralised-bitcoin-exchange-coinffeine

This spanish based bank released a futures analysis and traced Bitcoin in 10K at 2016 as well.

LOL ROTFL LAMO

If the market could really be correctly predicted with just for charts, everyone would be making money. Sadly, that's not how it works. There is no such thing as a free lunch folks. Someone is paying for it on the other end

10k = moon?

More like 28k - expanding leading diagonal:: https://www.tradingview.com/v/dHbn7XZ4/

Delusion seems to be contagious around here.

Steady logarithmic growth is not unheard of...
http://2.bp.blogspot.com/-NB_rmjogZBI/UOTF74zhacI/AAAAAAAABnU/qYSISdlL9K4/s1600/Dow+Long+Range+Trend+Graph.jpg

lmao

make it 100k!

What's so funny? Those kinds of moves are not unusual in Bitcoin.

^
Not unusual--simply never happened.
Because $ million can't do to today's price what a $10 bill could once do (when barely any BTC was mined & price was less than a penny).  Things don't scale.

$10k ? You are dreaming
We always see dump & dump, never seen any huge pump since we reached $1000
Even $1000 is achieved because Willy Bot

Even 1k in this year is amazing

bitcoin wont reach 10k maybe in 50 or 100 years. I have invested for around 30 years. And I will tell you all right now thats not how investing works. Investing is built around manipulation of the market. I didn't touch bitcoin cause I know the big wigs will sell off kill the market and buy at low prices then kill the market again. I told a bitcoin miner all buy around 200 and he laughed at me this was when it was around 900 he said its going to 10k in a year.  History will teach you a lot. I think gold should be around 100k an ounce and its 1200. I do own gold as a hedge vs the dollar but i didn't buy gold for investing purposes. What i bought was junior gold miner stocks and made about 5x my profit then sold it all off. People listen to peter schiff balony scam stories how gold is going to 10k. I said ya in about 50 to 100 years maybe. People ripped me left and right well i sold off and now they lost ton of money I know few people have to un retire and go back to work. The market is 18k right now i will tell you all i would not touch it with 10 foot pole until the market is destroyed again.

I never touched bitcoin until recently. And im slowly pyramiding into it. I bought it around 160 dollars. To be at 240 is amazing for anything a few years ago was what 30 or 40 bucks a coin? You should be happy with that but believing its going to be 10k is just gold fever imo. It went over 1k and got crushed that should be all the proof you need. The transactions are up over 150% last year its more popular then ever and more businesses are going into it and the price keeps sinking and people dont' understand why. It should be 10k an ounce but rich people are not going to let you buy some internet coins and get rich. They buy it all up and if it goes to high they sell off. Bitcoin is the easiest market to manipulate cause you can remain anonymous. So I do like the idea of bitcoin. I think it has a very bright future but in 5 to 10 years if its 500 bucks I am happy with that. Instead find businesses built around bitcoin that will have a huge future from it and invest in that if you want to make money. Rich people can't kill a strong business. Whos gonna put coke out of business? Rich people cant make us stop drinking coke. Or like a company like amazon. We will continue to purchase things on amazon. But hoping bitcoin 10k a coin without any manipulation getting in the way is not realistic. So this is sound advice find businesses built around it and find ways to invest into them. I have a few I am gong to invest into but not until the stock market at least cuts in half and slowly invest into things dont jump into it or your going to be broke.

Yeah good luck with that, US rates will increase by the end of the year, noone will touch risky shits for quite a while.

$10k is a large number.

What would allow bitcoin to scale so high to that point? If you need backed up with your reasons of it outside from charts, then maybe like how its new core helps to prevent double spending or something technical.

We still have the block size issue 1mb, so until small details are fixed I dont see it to scale. So no.

That's great. Lucky for us one doesn't "invest" in bitcoin and there hasn't been anything like it in the past 30 years.

There is no block size issue at this point. So many blocks don't even use more than 50% of the 1MB limit. The need for change right now is not there.

Regarding op; keep dreaming.

Well I definitely prefer the "RALLY!!!!!!" Thread.

Everyone here is too realistic. We can all dream here guys come on. Don't piss on my fire.

Not realistic enough lol.

Not downing on your dream, but some of us want to see realistic scenarios, not like what we saw at mt.gox.

I know you want to see those kinda events again, I mean who wouldnt, but now its more of what will actually move us forward.  :)

After looking at it, I'm still skeptical especially if you are saying 10k? That's a bit off isn't it? The most I expect the price to be is something like at the 800-ish range and that is if we get lucky. Results from charts and analysis most of the time didn't turn up as expected even though the indicators might tell you it is right.

50x rise in less than 2 years would be too big, even when you compare rises that happened when market cap was way smaller

Bitcoin could be $10k, but not in 5 years.

Don't mistake cynicism for realism. The dreamers win in the end.

1 bitcoin is 100million bits. 10K USD / BTC is entirely within the realm of possibilities.
I remember someone sold their ~2k BTC for a Toyota prius way back in 2012, and may people applauded and some thought it was unwise. Time will tell.

If some of the startups that are getting this VC come up big and can help generate popularity and demand, these high price numbers are entirely possible. If we stay alive and growing, we'll get to those numbers anyway. If and when the Winks get their shit up and running we're likely gonna see some huge money coming in in bundles.

1k ever is amazing!

Could be, with the help of a heavy buying pressure and some bots rigging up the order books, another pump to another ATH. But it could probably be reached without the pump, maybe, just maybe, with widespread adoption and a constant demand for it. Next 5 years would be too short; 10 years could hit the bulls-eye, but this is purely speculation.

Why 5 years is short bro ?

I know it's speculation as you said, but why you see 5 years is short and you preferred 10 years as you said.

I like the idea of heavy buying due to adoption. If that is a S curve, it might take just 10 years

Just so everyone knows  "A NEW COUNTRY WAS BORN THIS YEAR 2015 its called  https://liberland.org/en/main/ (https://liberland.org/en/main/) The currency is bitcoin,its the most free country on the planet you can even do drugs,protitute walk around naked.  Their law is if there is no victim then there is no crime !!    Liberland came into existence due to a border dispute between Croatia and Serbia. This area along the west bank of the Danube river is not claimed by Croatia, Serbia or any other country. It was therefore terra nullius, a no man’s land, until Vít Jedlička seized the opportunity and on 13 April 2015 formed a new state in this territory – Liberland. The boundary was defined so as not to interfere with the territory of Croatia or Serbia. Its total area of approximately 7 km² is now the third smallest sovereign state, after the Vatican and Monaco. For more information regarding the border dispute between Croatia and Serbia see an article on Wikipedia.   i love there constitution https://liberland.org/en/constitution/ (https://liberland.org/en/constitution/)  so yes it could be worth that much soon !!!! ;D