Bitcoin Forum

we're at $770... $1000 coming soon.

Is it time to start seriously talking about $5000 BTC in the next 3 years?

The key is stability, BTC has reached $1000 before but never stabilised for a significant period of time.

If BTC stabilised over $1000, I would say it's possible, although other factors are involved and have to be considered

You're right. I wouldn't actually even say we were over $1000 before... it was mostly gox fakery.
Today's ecosystem is much more decentralized as far as price discovery.

That's true. It was just a big pump then a huge dump so it's hard to compare that to now when there's been such a steady rise in price. Also there are a lot more people that know about bitcoins and are investing so the price is based on lots nore people around the world buying regular amounts rather than a whale buying a ton then when the price hits what they want they dump.

No it's not!
Why not before we break the actual ATH, build a new one and consolidate somewhere between these two.
Then we may can start to seriously talk about higher prices.
Right now I don't believe this is useful.
Let's do things step by step.

yeah but it reached $1200 in what speed? two weeks? i see this rally very different it's very slow so i expect a much greater stability than the previous ATH, we should all agree that if we go to 1200 again we won't see another time a dump to $200, or i'm incorrect here?

Lol just read the title and went with it eh buddy? *snaps fingers infront of your face* in the next three years champ.

Also, what the hell are you talking about let's do things step by step? What step? It's a price that the market decides. There's no next step that we need to take wtf. Unless you are about to single handedly buy enough bitcoins to bring us up to $1000 that makes no sense at all.

When topics like this come - it usually marks a (temporary at least) top.

I wouldn't say $1000 is coming soon. It could take another 6 months or more, unless that's soon to you.
$5000 is possible, even very likely if we look at those last 5 years of Bitcoin, but it's going to take time. Maybe in 2018.  ::)

No, it's time to start talking about a $50000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000000 BTC.

LOL

Absolutely right, when noobs start posting threads like this, btc is soon going to tank, tank hard.

As of now bitcoin price prediction is possible to some extent. Prediction of price for a time period of three years won't be much effective. These days we are in a way to experience $1000 as the price variation is continuing often.

You're just about one of the least credible posters on here regarding price predictions.

Your overly bearish agenda driven rambles are embarrassing. PM theymos & see if he will change your username to talks_shit.

OMG if that second chart is right im going to retire in less then 2 years.
Im printing it now and turning into wallpaper for my office.

Please come true
please come true
please come true.

$5000 would take a fundamental change in how bitcoin is viewed by way more of the world. great things have been happening consistently since 2013 but one thing that hasn't really happened is a massive uptake by new people. it's growing slowly and steadily but nothing crazy. i can't see that changing any time soon so that price is out of reach for anything other than an insane run up and massive crash back down and that would be bad.

if the price goes beyond that i am sure there will be more people to accompany you  ;D

The people who are into bitcoin are tech people or who rather monitor online stuffs you wont see casual surfers getting into bitcoin as for them it doesn't fascinate them and those people would not believe that these things are legal and would not care to understand about it .infact if you want more people to know about bitcoin there should be a movie or main stream publications to talk about it frequently then you would see new people 

Yeah, I hope this happens sooner. But I'm enjoying seeing a steady price increase. I hope when this happens it's not a quick pump, followed by a big drop, though that's very likely to happen.
For now, I think the price will drop a bit and stay in the range of $ 700-770, maybe even under $ 700. But after that the bullish trend will be stronger.

There wont be a price hike anytime soon like $5000 per BTC ,are you kidding me .Everyone enjoys a steady price increase but that does not mean that the price will reach five times the current value,lets see whether the price will touch $1000 in the coming months and it looks like it is finding it difficult to reach that level and why on earth people are talking about astronomical figures.

Hahahaha. Maybe years buddy. Im thinking of 20 years. That may be the year for bitcoin's price of $5000

I hope so mate. I'll have room for anyone who wants to join me. The more the merrier.

Really? We're not even close to reaching the $1000 level, and you're already speculating about something that might never happen. It's -> $800 -> $900 -> $1000 - $1100 -> $1200 and the list goes on. Let's stay with both feets on earth shall we? It's no moon time yet. On the other hand, it's not even sure we'll see the price reach $800 any time soon. Bitcoin is full of surprises. We may very well see the price go heavily south this month.

Whooaa. That escalates quickly. Well, bitcoin's price really is unstable but it goes higher than being going low. $5000 is big pricw for Bitcoin. Maybe 10 years, for that price. Or maybe 15 years. Many things can happen and it may affect bitcoins price. So saying that, lets aim first for $1000 price. That is really a big price dont you think?

If bitcoin takes 15 years to get to 5K, it would probably die beforehand.
Why? We have a difficulty mechanism that splits the block reward approx every 4 years.
In less than 16 years block reward would be 0.78125 BTC, which is 1/16 of the current. 767X16=12272.
EVEN if difficulty does not increase at ALL (fat chance), then prices would have to adjust upward accordingly or nobody will maintain the network.
tech improvement (chip going 14/16>10>7nm) and difficulty rise due to an increase in hashing would cancel each other at best. This did not happen before, which suggests a potential need for even higher prices in that timeframe.

Maybe but don't forget that any parameter can be changed if need be including difficulty adjustment, mining algorithm, etc.
If Bitcoin becomes mainstream and widely used anything could happen really if issues as you describe were to happen.

$5000 per Bitcoin in next 3 years...umm seem reachable not that hard anyway.

The way bitcoin is finding stable point on each rise is nice to see and that also shows price is growing naturally rather than some hype/manipulation making it jump high before dumping hard.

Eh, isn't that kind of what everyone does on the speculation forum?  Talk about arbitrary values of bitcoin and whether those values are going to happen or not, and when. 

I think $5000 is possible within years, and it may be closer to a decade or more, and that's only if nothing better shows up to replace bitcoin.  Definitely could happen.

Definitely not. $5000 isn't even part of the question while we haven't touched the $4000 level yet. Honestly speaking, there is a chance we may never get to experience such prices. I prefer to focus on what the price realistically is capable of in the coming years. If we manage to realize a growth of around $200-$300 per year, then that already is a fantastic achievement. So far this year has brought us exactly that. In that regard, there is not much more to wish for this year.

Re: is it time to start seriously talking about a $5000 BTC


BTC appears to be currently at either the early 2007 or the late 2009 point on that Amazon chart.

If we are at the late 2009 correlation, then $1000 will be scaled in 2017 and we will not go back below $1000 after that.

And yes something in range of $2500 - $5000 over the next couple of years looks plausible and even likely.

Just look at the events around us to see what is accelerating:

https://bitcointalk.org/index.php?topic=1703363.msg17077372#msg17077372
https://bitcointalk.org/index.php?topic=1699911.msg17077124#msg17077124
https://bitcointalk.org/index.php?topic=1703213.0
https://bitcointalk.org/index.php?topic=1687448.msg17056883#msg17056883
https://bitcointalk.org/index.php?topic=1082909.msg16842246#msg16842246
https://bitcointalk.org/index.php?topic=1082909.msg16921886#msg16921886
https://bitcointalk.org/index.php?topic=1082909.msg16972102#msg16972102


It Is Just Time.

Time is upon us for BTC to make another big move up. Don't be late to board the train because you are irrationally too cautious:

https://bitcointalk.org/index.php?topic=1663070.msg17049006#msg17049006

i always be serious if talking about the price of bitcoin and $5000 for next 3 years actually that was sounds good but i think it's too early to talking about these price and i personally quite doubt the price will reach at those price even for next 3 years and i think for now we are better focus for looking forward bitcoin price for the near future and 2017 maybe will happening new ATH $1000

Sentiment in this thread is very cautious and scared.

That is extremely bullish.

We are climbing the wall of worry now. Everybody is still remembering the $1200 to $150 crash.

When the "Bitcoin to $100,000" (to da moon) mania returns, that is the time to become cautious.

Not even close??

Open your eyes man. We are on the cusp of the next big push which I believe will take us to a new ath. And once that happens the sky is truly the limit.

All those who sees that will remember that,and we're hoping it'll never happen again,but if this things happen again we're just in a cycle ,I'm too scared in that scenarios,we all depends and hoping that Bitcoin price stabilize and no crash will ever happen again in the future.

To you a difference of $245 might not look like much, but for me it certainly is. Especially when you consider how much time it may cost to go from current levels to $1000. It's not a piece of cake situation. It may take a year to finally reach there. But hey, we all have different thoughts and views on how we think the market will perform.

I agree, ATH should be surpassed first then of course the following high prices next.  For me it is a bit extreme to talk about $5000 worth of BTC when BTC had not touched 20%(after the ATH) of that $5000 bitcoin price.  And in my opinion talking about bitcoin reaching $5000 is a nonsense when at the end of this year the possibility of bitcoin not reaching $950 is very clear.

Great graphs. Any bold prediction where we might be on the Amazon graph? I would say between 2002 and 2004.


That is an interesting remark and point of view. There is definitely some truth in this and for some in retrospective painfully obvious.

LOL

Why you mad, bro? Does your butt hurt? Go see a proctologist. You've been sitting too long on your butt, staring at your computer screen. Go outside, smell the shit your dog shat in your shoes, just don't put them on.

He doesn't sound mad to me "bro". He's probably tired of you and your alt accounts trolling speculation, trying to sway noobs into panic selling. Either you do it for the lols or you're a paid troll, either way, everyone who frequents here knows your agenda.

talking about $5000 was always a serious topic and it only becomes not-so-serious when people start talking about a very short time frame like 1-2 months.

not really. those who matter remember the rise to $1200 and crash to $170 but also know and remember what happened during all that time and what the reasons were. for example they remember MtGox and the fake pump, they remember the FUD and they know the bubble had to burst and they also remember this is the real rise which took nearly 2 years to go from $200 to $700
there is no fear, bitcoin is resembling any other market with slower rise.

It is far from the time to start even thinking about $5000 BTC, right now we're looking at getting passed the $1000 point if anything, and we are very, very far away from getting to somewhere like $5000, at least over the next 4-8 years.

let me know once we've hit the ATH again, then we can start talking about how we're going to get to $5k.

I think $ 5,000 is still very far away and it was too soon to talk about it. I think although bitcoin prices continue to rise in 3 years will not be able to reach $ 5000, it still takes a long time. Bitcoin prices could go down at any time and it is fair because bitcoin fluctuate. So it is still a long way to think about it. Maybe it's better now to enjoy price increases ;D

I don't think as well that bitcoin price will reach such a level in 3 years.
Maybe in 10, but that's pure speculation and I do not see that it makes much sense to invest too much time with a fantasy.
Especially since none of us is able to influence it.
Bitcoin simply can't be predicted that far.

Too early ? Practically you can not say that. The rapid adoption of bitcoins may bring any miracle. We could never ignore the exponential growth of bitcoin adoptions and it consequences like value appreciations.

For example India is forcing their people to adopt any electronic payment system, they may come know about bitcoin payments at any time and rest of country may copy if India succeed against black economy.

it may take a very long time to see the price of bitcoin to $ 5000, it may take many years. Well, now we just need a target price of $ 1000, because it takes a long time for us, to see the world price of $ 1000 in bitcoin. Well, I feel that the price of bitcoin will reach $ 5000 in 2025 or even more  :D

It's pointless to look that far into the future. Especially when it comes to predicting the price of Bitcoin. While everything is definitely looking bright for Bitcoin, we still don't know whether or not the current demand will continue to increase to a level where we can justify seeing a price in the thousands. Bitcoin might very well be the first of what still has to come in terms of the technology aspect. And yes, the open source nature of Bitcoin allows it to be developed further, but as with everything tech related, nothing lasts long. I definitely hope Bitcoin will be an exception.

Pointless thread... $1k haven't even reach yet and you're talking about $5k ? Why not $10k ?

Enjoy and gold bitcoin is the best method to get profit. Before halving day maybe all peoples will said "impossible that price reach $750" but it happen. I sure not more 5 years again or waiting ones again halving day moment the price will reach $ 5,000.

When a genius points at the moon, the fool looks at the finger.

I disagree we should first stay positive but not talk about things that will most likely not happen anytime soon I just do not think it will add something towards the bitcoin.

Yes, makes no sense to talk about it now, it won't happen in the short-medium term. Surely we must be positive about good results for Bitcoins, but let's focus on $1000, that is the next achievement, a stable price near $1000 is very possible soon, if with have good events like Trump endorsing BTCs, and some failures of world currencies. $5000 at this moment is just daydreaming of some Bitcoin enthusiasts.

lol 5k a coin are u dreaming ?

No, I agree about the fact that this is not gonna happen and we should also not think about it, just be patient and let see what is gonna happen in the future with the bitcoin.

Dreams are the root-cause of reality. Only speculations will boost price increases. People here are not just dreaming but they are discussing about the possibility of having such a huge price levels for bitcoin. As long as bitcoin has all the reasons to have such a price levels, it will come into reality for sure.

I also do not think this will happen fast because its a very large amount and its not just something to be honest.

Never underestimate about the potential of bitcoin prices. It may surprise you when you are not expecting. Yes bitcoin prices will fly to moon when it will be testing its old all time high price levels. Because once bitcoin will be touching above $1200 levels, many new people will be joining and buying bitcoin for sure. Hence it will start flying ^^

In next 3 years it is pretty possible that bitcoin will get the point of 3000$ per 1 BTC. But I think in this case there is a risk of some hacking attack on wallets on exchangers again. cause who doesn't want to get rich fast by using some illegal way and with the idea cause of it's not some government protected thing - nobody will find you.

That will happen if all countries will adopt bitcoin. Massive adoption of bitcoin means massive increase of the price of bitcoin. The problem is some countries denied adoption of bitcoin. This is the hindrance that bitcoin is facing right now because governments are against to bitcoin. 3 years is too short to reach that price. Maybe 5-7 years i guess. We havent reach $1000 yet. Maybe it takes a lot of time to make it to $5000.

India is the most higher price for bitcoin if you had a friend who using bitcoin ask then why the bitcoin price is high in their country and bitcoin will be at that price soon because of india they start investing their money into bitcoin. Maybe in next 3 years bitcoin will be use worldwide as normal currency.

You might be meaning the obvious reasons for bitcoins to reach some huge price levels. But in my opinion until bitcoin gains some strong user base across countries, expecting such a huge price levels may disappoint us. Spread bitcoin and make people adopt bitcoins then even $10,000 levels also will be achievable.

   5000 $ is exaggerated, we are close to 1000 that is true, but when we get there it would be nice to stay there for a while. Its a dream, maybe we can get there one day, who knows, maybe even in our lifetime, that would be great, but for now that is too far too even think about it. In any case I`m keeping my coins, and I`m hoping for price to increase as high as it is possible.

This is probably true. First it is necessary to think about more attainable goals, many are predicting, for example, that 1k per Bitcoin is an attainable goal until next year, because there is a considerable number of technological, economic and political factors that can make this possible. Then, after the events leading up to that result, it becomes easier to make bolder predictions.

It seems that your $5000 per BTC1 is still far away from the true situtation at the moment yet it looks like many things to do before attaining that money to valued to bitcoin now.

Anyway dreaming is unlimited..

Our $750 threshold is kind of like the $120 of October 2013. When we move toward the all time high in earnest, we will blow by it quickly and shoot up. $5000 seems like a reasonable estimate for the new ATH one year from now after we crash back down to ~$2500.

Adoption is happening in a big way all over the world, but what will happen before mass adoption is smart money adoption, and this is the phase we are in right now. The buy demand is there, it is just in no hurry to get in for fear of moving the market.

I'm starting to believe that we can get to $5000 in a few years. Mainly because the number of Bitcoins being mined each month is dropping and almost 3/4 of all Bitcoins have already been mined. The deflation factor should make the price continue to increase.

yup, this dream will still be dream and its not be happen in this end of the year, maybe its need more years when we can see this price and it would need more preparation from bitcoin dev and community.

Well, think positive is a very good thing. I also want to see the price of bitcoin is more than $ 5,000 within a few years. but, I do not see things that will make bitcoin has a high price. even, in case of halving, I am still confused whether bitcoin prices will reach $ 5,000 or not. Well, now I just focus on collecting bitcoin.

Honestly I would say no because 5000 dollar is just way too high its something that is not possible in my eyes and what is also not needed too...

In the technology world 3 years are very long and through this time many things changes and new inovation come to us. But still I think that it is not the right time to discuss about $5k because that target is really too far. Let's see if we can reach $1k within next year and so on.

Right, its truly hard to tell that it is already the time to talk and speculate about reaching the 5000$ of bitcoins price since we haven't reach yet the 1000$ target speculation. And 5000$ is to much and super high that i can't imagine to be reach by the price itself,  and the thing we need to do for now is just speculate and wait for the further more news, lets be happy for the current price and let the price go upwards.

i agree that it is too soon to start speculating about moon and prices that seem to be out of reach but they are like this at this point but if you look at the bigger picture like the rise that bitcoin had in the past 7 years starting from 2009 and then take into consideration the adoption that has not yet came and is a thing of future, you can start seeing $5000 happen too.

Buy dude. You and i both know it.

No. Not until the block size issue is resolved.

Either the limit is removed or off chain networks are implemented and proven. Preferably both. Then we'll have moon.

its time to start seriously talking about a $500-600 BTC

Miners will be ok with that price till bigg news co.es out

Just by looking at charts you'll see we only going to see increase in price over time.
Yes there might be temp downs and deep drops but we recover every time, proven so far.
We just need more advertising and spreading awareness about bitcoin around the world, that is all needed imho.

Both will happen, though not sure in which order. But $5k might happen before either.

To be honest, I am not so optimistic about such a high price and I prefer to be a bit more conservative. I have read some studies of financial analyst and most of them thing the maximum price that bitcoin could achieve is around $1300, and any other price above would be caused only by an inflationary bubble.

You are too new to bitcoin. When it was $2 and people were talking about it going to $50 people had the same stance as you and look where we are a few years later. 5K is in reach for 2017.

100%

Yes, it might be better to talking bitcoin price becomes $ 1,000, because it can be predicted now because the price was approaching. We focus on bitcoin prices at $ 1,000, and if it is reached it would be better to discuss the price of the nearest like $ 1,500. We must talking gradually and patiently because bitcoin will continue to fluctuate. $ 5000 is still a long way in three years in the future, so it is better to be patient and enjoy every increase bitcoin.

With bitcoin there is always more.
Just learn to accept that. We will break every frontier - people are skeptical because BTC is new concept.
If they realize that bitcoin is here to stay market will go crazy. Just don't be that FUD spreading dude.

nope this is not the time to start talking about $5000 per bitcoin barrier because we're not currently hitting the 1000usd but if this happen before the year end thats a good news. but $5000 per bitcoin could actually happen because theres no impossible in bitcoin as long as there are many users using it and it will be more powerful if all companies will invest on bitcoin

people should watch this if anyone still has doubts :

https://www.youtube.com/watch?v=fuH8tdQpWrU

https://www.youtube.com/watch?v=fuH8tdQpWrU

Won't go above 1k imho till bitcoin core gets seq witness up and all involved come to consensus on on hard fork block size
(very unlikely seq witness as an example will be turned on in 2017 imho)

IF every one would on the above play nice we'd imho be about 1250 usd btc price

Anyway hope I'm getting this wrong. But how I see such.

People definitely believe SW will give Bitcoin a massive push forward, but as has been the case with nearly everything, the price jumps forward in advance of the happening.

Exactly the same has happened with the block halving where some people are still waiting for the price to increase as result of that. Doesn't make much sense.

However, the main difference is that with the block halving people were knowing when it would happen, and that bit of information is missing with SW.

this is impossible because as you know there's a lot of businessman who owns a millions of bitcoin so if it happens we know what will happen. thats a great unbalance of the economy and it would be the reason on how the bitcoin could lose its journey so $1000 per bitcoin is enough because thats too high price per bitcoin compare on the other year that has past.

As much as I liked that compilation of experts giving us their thought on bitcoin, it is hard to belive that in 5 to 10 years 1 bitcoin might reach 1 million USD.
I still refuse to believe it until I see it. Seems very unlikely.

BTC is a child, we cannt talk about a 5k now, but im sure that 5k will be a low price in a few years, we are on the correct boat

I think that it is not possible because i think that this situation will happent:Many countries will use laws to move bitcoin from own country and bitcoin price will go donwn and local crpto coins will win the battle what is bad for us because we will need to use so often exchanges to get bitcoin.

the solution to your problem is  **DECENTRALISED EXCHANGES**

Yeah but name one.

 ::)

BITSQUARE
COINFFEINE
BLACKHALO

Do i get a prize ? ::)

Not needed in my eyes at all, I even think it would be stupid we do not have to go to fast because it can destroy the bitcoin too by doing that.

Bitcoin will reach to 1000$ that is possible because already it reached before, but coming to 5000$ it will be very hard because once it reaches 5000$ many bag holders will start keep selling the bitcoin, so definitely there will be fall in the price. Many people are holding for their future return nobody don't know how many coins are being really trading. The price will increase only demand of the coins is more so may be once after reaching more than 2000$ people will start selling and again price will be at 1000$.

It can be hard but i think it can be happen in the future because the adoption of bitcoin is gradually increasing and more business will invest in bitcoin an they will start accepting bitcoin as payment in their business.. The possible year that bitcoin could be reach in $5k value is around 2025-2030 this is i think that the price can reach $5k value.

Price stability is the big question or should be consider here regarding on bitcoin price. As we can see on bitcoins price now its not really possible to reach even $1k on this year but possible on next year and i see on the price that it has a good support on which theres no possibility of dipping its price soo hard.

Let's talk about $1001 when we get to $1000, talk about $5000 when we get $4999. Hopeful thinking is good but that is crazy lol

Marketcap is too small for stability. Sure we will see long periods of stability, but the rises will be abrupt and heavy. We will be sitting at 1200 ish, we will see a dip because of the psychological factor of the ATH, idiots will wait for too long and smart money will quickly join in to be loaded for the actual rise. We will peak high as the sky and we will see a strong correction. It will not be a nice and smooth growth in my book.

To be honest guys. Its so close to being real that on thursday I have a meeting at the bank. Going to get a mortgage on my house and im using all the money to buy as many btc as possible.
That's serious.

I still not experience bitcoin become stable.. and i think we will never experience that thing unless in the future since blockhalving events is happening every 4 or 5 years.. or there is no exact time because every block halving they are giving another year. the source of bitcoin to be mine still high also according to other the capital still low so stability is impossible to happen.
$5 value it is a hardest challenge to reach and i think it takes a long time ago before we can seen the price will touch in that value.. or i think we will not seen this price in the future..  we are still not touching even in $1k value..

If you think btc adoption will grow in an  orderly fashion at 1 usd  increases you must really be new to this game lol

You got balls dude! Let's just hope this thing called Bitcoin don't implode.

It wont. It's too big to implode now. If this was 2012 it would have been a different story but bitcoin has a long history now and its only going to get longer. But yeah, I got some big balls.

I hope you can come back here in a few years a millionaire and me along with you  ;D

Yeah we are not near to the required adoption level. With the current user rate reaching such a huge price of $5000 is really impossible. When continuous adoption happens we might touch $5000 but it needs long time than the targeted year of 2020.

For me, I would say its too early to talk about $5k dollars per bitcoin when we are still hovering between $770-$780 but at the same time its not impossible.


But seriously you got some balls to go to that extent of using mortgage loan for Bitcoin and I would even want to ask, on what basis? or you have access to some information quite a number of us does not have? As in why are you so extremely sure of this course of action? because for me, I wont even come close to taking this kind of decision.

I believe some bloke previously sold his house for bitcoin a few years back when BTC was higher than today. He is either broke, poor or held on for dear life. In all cases his health probably suffered.

"Manage your risk. Risk only what you are willing to lose"
"You only hear the success stories. The HOBOs under the bridge don't tell their stories online."

My 2cts

It's not only depend on the adoption because those early adopters may not so active thus the demand of this coin won't increase significantly unless the adopters were massive and about millions in just short time (5 years) . even if in 2020 i'm still not sure that bitcoin might touch $5000 dollars, the price are always dumped and pumped when the time is come in order to gain some profit but the people who just use bitcoin for spending can do nothing

That's the dream we all share and I too hope this dream comes true.

Yeah the adoption has started but imagine when 1 billion people are using btc everyday. That's when things get real interesting.

it is everybody's dream. but I think it will not happen in the near future. maybe 5 coming years it could happen. for now I think it is an impossibility. but everyone is entitled to argue.  ;D

Anyone would really argue since we really have different perspectives in bitcoins price in the future. 5 years more on bitcoin could possibly reach that amount but still its not guaranteed because it will really need huge adoption to bitcoin in order to reach that price.

In my eyes this is not gonna happen and also not needed why would we ever need this, such prices are just too insane to think of honestly!!

the train is leaving the station
CHU CHUU motherfuckers .....

https://cdn.meme.am/cache/instances/folder605/400x400/33569605.jpg

Let's be serious, this is not going to happen. At least not in the near future. So far nothing leads to such enourmous price. And if bitcoin become very widely addopted with huge amount of users price like this is not very likely. To my opinion bitcoon price would go to the moon, so 5000 or even more in the case that it become elitistic currency with limited number of users.

You dont make much sense do you lad?

i think $5000 is to high to reach in short until middle term because we need more than the market, people adopt, but its more large for the scale to increase the price. i think if bitcoin is already know by the most people in the world, they use bitcoin in anytime and any place, the government give a good statement and support bitcoin, the supply and demand of bitcoin have a big differences, then i think we can jump into that price but its need a long time before we can see this happen.

honestly this is not the time to talk about that huge price because right now we can't evenly hit $1000 barrier that's why this is not the time to talk about it but still it's free to dream that's why I'm still hoping that one day we could hit that price so i can evenly tripple my bitcoin wallet right now. im doing trading also so it's a good advantage for me.

$1000 will be the new bottom, $5k is not that far away from that, 5x pump can be seen quite easily in this market it on need more people involved

i think theres no time to talk about $5000 per btc as we all know next year will be the last price of bitcoin accept it or not bitcoin will be $1000 next year and it could be stable than other currency but if all people in the world would use and invest bitcoin i think there's a chance that bitcoin could hit atleast $1500 per bitcoin. its okay to dream but dont expect.

It wont be stable when it runs up to 5k but when its comes down and settles then it will become stable again.

Yes, indeed
It will probably retrace a bit after breaking $5k and when it leaps again it will break $10k and eventually stay up there.... Most people who are here today will have sold though so I think there maybe less fud on the threads in future because the new owners of bitcoin will be professional investors and not kids with their pocket money  ;)

That's the dream, aint it  ;D

5000 usd price is a triviality and 3 years is a long time in crypto in general. It is realistic based on bitcoin's previous behavior to assume 5000 is achievable within months. To maintain that price for longer after the initial pump is harder one.
What I see as the most probable scenario is that bitcoin reaches ATH in the coming 6 months or so, then a breather and new ATH towards the end of 2017. Just like in 2013.
The logic behind is that the first bubble will bring bitcoin to the eyes of a lot of new people and when that bubble pops those people who followed in the sidelines (but did not buy in because it was going to crash) will create the second wave.
The longer bitcoin price is capable rising "only" 10 % a month, the higher the price will shoot.

Well said!
5000 is peanuts for a gold 2.0 and it will be breached within the next 2 yrs and maybe even less....
I would advise you to buy a few btc when they can still be bought for 3 digits, I guarantee that will not be possible much longer....

I've heard from people like you  before some  back when I bought my first bitcoins for $3 people said I was crazy and I told them to buy some as well...

If you don't think  btc and xmr is the future, you're beyond help and you will be another one of those pour souls who "missed the train"  lol

There is a lot of people taht got kicked out of the game last time because they didn't buy back in, now it will be the same, people will sell at around 1k, thinking we will crash hard, but we will only backtrace a bit, and they will not buy back on time so they will be left with no bitcoins while holders are going to see 3k+ next year.

5000 is realistic if really _everything_ works well in the next years.

That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.

Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.

Not years. Next year. Mark my words.

I doubt it, but maybe you're right ... I won't cry ;)

5000 is about eight times the actual price and would mean a market cap of about 70 billion USD. An 8x multiplication happened in previous bubbles. But it is much more difficult to reach a $70 billion marketcap than a 10 billion one (the November 2013 bubble).

That only can happen next year if not only "everything works well" like I outlined in my previous post, but also there is a really strong buy hype that we've never seen before. Maybe the injection of Wall Street capital could be a possible reason. Or Trump's remittance tax, if he really implements it (and he at the same time doesn't over-regulate or even prohibit Bitcoin).

If we hadn't the block size problem I would see $5000 in 2017 as an very optimistic, but possible scenario, but taking into account the current evolution of the transaction number/blocksize statistics, for me it's almost impossible. A mass adoption necessary for $5000 would mean permanently 100.000 or more unconfirmed transactions, at any time, even with SegWit enabled.

Stability in bitcoin affected by bigger market cap of bitcoin which means we need more adopters, more merchants/stores, big companies to adopt and accept bitcoin payment.  The most factor that makes bitcoin price always fluctuate is daily trader, buy and sell. It's a common thing in bitcoin world of course, but we need to pump by increase the adoption and market cap.

You must be living in a bubble or wishful thinking that shit to 1k to 5k, it is going down like a broken ship :'(. Probably betting the market is my thought. Good luck sir!

I would be pleasantly surprised if this does happen. In any case, I plan to retain a major portion of my bitcoin holdings till the next halving.
I guess we should be over $5000 at that point. 6x return over ~4 years is not bad at all.  :)

A very modest estimate - how much will it cost bitcoin after the stabilization of its value. To understand this very simple. With capitalization of 12 billion $ and volume of the currency 12 million bitcoins real price is about 1000 $ per coin. It is logical to assume that when the capitalization will take the scale of a large country (for the rest of the world, it may be a lot more), for example of the order of Russia's GDP, say 1200 billion $ and the number of 21 million coins (the maximum), then a linear increase of cost is to give  50,000 $ per coin. But in fact, it will be much more - since the dependence between market capitalization and the number of coins and cost is not linear, but exponential. I would guess that rather the final cost upon reaching 21 million coins can exceed 1,000,000 $ per coin or more - and much, much more, if we assume that bitcoin-economy will take a larger portion of global GDP, say, 10 % of the entire global economy by 2020.

Maybe not in the Western world, but I'd say there are definitely tons of new people in India, Venezuela, etc.

$1k to $5k in a single year?  I think it is not realistic. 3 or 4 years maybe.  But it is still a probability not an actuality.  Let Bitcoin breaks $100 at a time.  That is more real than jumping over a high wall.  Who knows we are at it before we know it  ;)

It's of course great to realize growth in third world and developing countries, but these people don't add much value to Bitcoin in the way that they cause the price to go up massively. Because that's all what people here care about. For that to happen we need wealthy individuals to start using Bitcoin as a long term store of value tool. If that happens, then a price in the higher thousands range is just a matter of time.

For real ? It will never happen man, $5000 for each bitcoin is really big amount for a currency. But we never know what happen in the next 3 year. This year is really amazing for bitcoin, the price increasing so high and i'm not sure for the next 3 years.

As you said, adoption is what really brings growth, but this adoption is something that has been growing in number for a long time. It is important to remember that many people are satisfied adopting Bitcoin as a means of storing value, rather than using the functionality for micropayments as the main use.

To answer the OP, not sure about 5k for the next year... but something close to that is possible. To some it seems like an absurd number to be achieved in one or two years, but something like that was already being speculated several years ago. At that time it was an exaggeration, but we are probably closer than many people think.

is still very much to speak bitcoin price of 5000USD. bitcoin now be in the range 900USD up to 1000USD. still quite a long time to be able to predict the price could reach 5000USD bitcoin. we still need patience and strength to achieve that position.

When bitcoin gains strength through mass adoption, I believe we do not need patience. Yes, mass adoption and big price levels will occur simultaneously.

Some corporate employees are opting for salary in bitcoins. This kind of news were omnipresent when bitcoin was $1000+ in 2013, again we start come across. Hopefully this time many will implement process of buying/getting bitcoin regularly and that may get frequent media attraction so that new mass adoptions keep on happening.

Mass adoption will lead to exponential growth, so we do not need to wait for long to see bitcoin hits $5000 levels.

$5000 way to soon to speculate about this market price but 2017 am betting on it that we shall see 1btc fetching a handsome 1300 dollars no doubt it but first let's get to the $1000 mark

By the middle of 2017, I would not be surprised if the currency reached a value above $ 2000. Many of the projects in which some investors are working, among them development of new applications, are scheduled for the first few months of the next year, some other events may happen months later. So, I think it will not be long before we see Bitcoin rising to such levels.

To talk about a valuation of above $2000 you have to first break the $1000 barrier and the price is really having a difficulty to cross than barrier and it is evident when the price came closer a couple of times this week making me think that the price would blow the barrier out but then it came down as usual.It is really interesting to see how the price would be if it could cross the barrier.

there is no $1000 barrier because all time high is NOT $1000, but $1160-1170. The real selloff might be expected at or around ATH, but it also depends on the news. ETF approval would overwhelm any such dip if they coincide (and they just may).

$800 was a huge barrier that was flirted with and failed multiple times. once it was breached it was a breeze to go above. same goes for $1000. it may take a while but once it's gone then it'll feel like a distant memory.

Who knows where this goes but all i know its here to stay.  It might hover around 1k or it might shoot to 5k, but one thing i do know is its not going to $0  ;D

we have reached $1002 USD. I believe 3000-5000 USD will be reached this year  8)

If, and it is a big IF, bitcoin follows previous patterns in a linear fashion,
then btc will have a first peak at $3892-4000 during spring/early summer, then decline to $1132-1500, then peak in Nov-Dec at $13-19K.
Then, there will be a brutal bear market during all of 2018, stabilization and slight recovery in 2019 and another bull market in 2020.
I know, these numbers are too high, but this is what I get.

There! If  even 2x  of that the price is now it could take time, 3x,4x or 5x it's too much to reach in short time(talking about months or one year), so far people use traditional  method of payment  or sending money easier and methods more efficient and with less associated risk, eventually with the course of time could change it, perhaps with some great application that can compete with the rest of the services offered would generate such sudden interest to cause drastic changes in the price.

Bitcoin price may reach $2000 six months from now. There may be many reasons for the pump. But as an indian, what i assume is, due to demonitisation of high value currencies in india, black money holders and corrupt politicians are suffering a lot to save their holdings. Government is not even allowing them to invest in gold. So their only option is buying bitcoins and for that reason, it will not be a surprise even if bitcoin price goes more than $2000

I have heard of this "supposed' theory with women...if you have 100 BTC in 2013 worth 150 usd you are considered 'interesting'

IF you have 100 BTC in say 2020 at $5000 per btc in usd you are suddenly a 'hunk on a stick' ....

Wonder why this is? Maybe all this BTC to $$$ ratio makes us 'smell better' to the opposite sex....

hmmmmmm...go figure BTC = upward price of 5000 per btc  x 100 btc and blamo: You are suddenly 'attractive'! Seems kinda arbitrary?

(Silly me I thought the Stargate bobble necks were the bomb for scoring) :)

*shuffles back to bedroom..scratching crotch and burping, I wonder what the connection is?, very, very mysterious*

https://s-media-cache-ak0.pinimg.com/236x/2c/5c/90/2c5c904381a33912b25fe52b77294d1e.jpg

smooooth...............

It just depends on what people you are talking about. People with insanely large amounts of black money have plenty of options to reinvest their money, or to buy expensive paintings, Gold, etc. Money moves mountains. There is nothing that can't get done. If you're talking about people with small chunks of black money, then yes, the options to escape will be on the lower side. But still, if you act wisely, there will always be options to buy Gold or whatever other valuable item face to face. It's not the safest option since you don't know what the intentions of the other party are, but at least it's something that you can use in your advantage to cheat the system.

It is already $1010. So $2000 could be reached this year.

to everyone who said: "lets get to a $1000 first before we start talking $5000"...

DONE.  :D

like you said, $5000 is too soon, but if $1300, i think the price will go in that range in the middle of this year. there are many number before we can reach $5000 and its need time to go that price.

TOLD YOU.

You prediction was late by over 2 years  :o

you mean the 5k price came earlier. yes, much faster than expected. but most people were doubting even that!

I think people must have had a faint hope at the bottom of their hearts, but may not have expected it to happen. I am happy that it happened, but let us wait and see whether this is a flash in the pan or the price can be sustained for the next 2.5 years.

Price will be at $20k in the next 2 years.

I hope your prediction will become the truth in the next 2 years. Honestly, I also have thought the price of Bitcoin can reaches $5,000 in next 5 years from 2016, it means the price of Bitcoin needs to increases ~ $1,000 every year. But everything is unexpected, Bitcoin always make me surprise.

True.  Perhaps Bitcoin Cash will do a flippening over Bitcoin Segwit.