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Other => Beginners & Help => Topic started by: angelaC on December 08, 2013, 06:19:20 PM



Title: Will bitcoin reach $10,000 one day...?
Post by: angelaC on December 08, 2013, 06:19:20 PM
what do you think??
2014
2015
2016
.
2020
.
2025
.
2030
.
never?

https://bitcorati.com/wp-content/uploads/2013/10/10000-bill-bitcoin.jpg


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: angelaC on December 08, 2013, 06:36:18 PM
http://www.rawstory.com/rs/wp-content/uploads/2013/04/stack-of-bitcoins-via-shutterstock-615x345.jpg

:)

"What do you think a bitcoin is worth and why?"


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Open4lies on December 08, 2013, 06:44:39 PM
2014-2015
The 10,000 USD bill looks sweet  :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: JeffRKY on December 08, 2013, 07:01:44 PM
If it does, I think it will take quite some time. I would say no way, but I never thought it would hit anywhere close to $1000 either.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cdtc on December 08, 2013, 07:02:42 PM
I hope it will reach 10k by the end of the  next year so
I can get rich.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cyzoonic on December 08, 2013, 07:15:36 PM

I really hope so but right now it doesn't look like it at all. I think an anonymous crypto currency may replace bitcoin at some point.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: astro75 on December 08, 2013, 07:16:44 PM
It will never reach that high


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: musicchimp on December 08, 2013, 07:19:19 PM
Bitcoin could reach that figure one day. It's how you define one day which is the issue. As a single bitcoin reaching $10,000? Yes i think so. However don't think you maybe come rich on it. There are other people out there which can turn the lights off if they wish.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: macher on December 08, 2013, 07:40:35 PM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: CCoins on December 08, 2013, 07:53:30 PM
till 2015
http://img.pandawhale.com/post-32863-bitcoin-on-the-moon-gif-tumblr-licF.gif


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pcoin700 on December 08, 2013, 07:58:42 PM
2014-2015
The 10,000 USD bill looks sweet  :)

It might be that with 10k USD you just get bread and bottle of water at coming years.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: enekomh on December 08, 2013, 08:10:07 PM
Unfortunately, seeing how bad reputation banks are trying to give to Bitcoin, I doubt the price will be high any longer. Hopefully I will be wrong and some day we will all be in some tropical island having our riches party.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jovendoz on December 08, 2013, 08:21:59 PM
Don't need to wait for long time.

Bitcoins are highly volatile.

It may reach 10,000 soon, but will not be stable at all.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: niktitan132 on December 08, 2013, 08:24:00 PM
2019-2020 for sure  ;)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PenAndPaper on December 08, 2013, 08:46:33 PM
Seeing the usual "Bitcoin 10000$ when?" threads is always a good sign for people's psychology  8)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: matho on December 08, 2013, 09:12:26 PM
in a few years!! 
https://www.youtube.com/watch?v=K7LQu-eIOO0


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: dark143i on December 08, 2013, 09:35:28 PM
The market is unpredictable and has huge potential. Unless something extreme doesn't happen like Whole world banning BTC. It is likely to reach that Amount. But time cannot surely be predicted. It can even go next year who knows ? or Might not go for next 10 years also. So all in all it can go to 10k but cannot be predicted when.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: huadylmate on December 08, 2013, 09:50:39 PM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows


I pick a) but hard to believe Bitcoin would not reach $10,000 before stabilizing at $3,000-$7,000  within two years


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: il--ya on December 08, 2013, 09:58:39 PM
End of January 2014. Geek time has passed, many smart and clever people are now joining in, early adoption phase starts. Things are going to develop very quickly now.
Recent correction was not a crash, it was just a (fair) reflection of current market situation in China, but that was not a disaster. There are many legal uses for Bitcoin (including in China), and every smart person understand that.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: USB mining on December 08, 2013, 10:05:04 PM
I don't its possible, but who knows. Maybe I am wrong, only time will show.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: il--ya on December 08, 2013, 10:08:33 PM
I don't its possible, but who knows. Maybe I am wrong, only time will show.
Nobody knows for sure. But I think end of Jan next year it's highly possible. Almost certainly this will happen in the first half of 2014


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: macher on December 08, 2013, 10:31:59 PM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows


I pick a) but hard to believe Bitcoin would not reach $10,000 before stabilizing at $3,000-$7,000  within two years

i also think that second altcoin will be litecon... becaue bitecoin has one disadvantage - is not fast. i cant imagine the situation, that in restaurant i will pay with btc and then wait to 3 confirmations. this is the weakness of btc. so in my opinion is btc "gold" (fast and small transactions is not necessary) and litecon "silver"

next question is -  what value would have usd in two years? inflation....


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BasBloem on December 08, 2013, 10:33:54 PM
I don't think it will happen, however, at the start when I knew about bitcoins, and didn't even expect it to become worth more than a dollar


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: DoubleMoo on December 08, 2013, 10:37:26 PM
I really doubt it will reach 10k. I think it will only hit up to about 1,300 next year and stay around there for a few years.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PenAndPaper on December 08, 2013, 10:52:00 PM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows


I pick a) but hard to believe Bitcoin would not reach $10,000 before stabilizing at $3,000-$7,000  within two years

i also think that second altcoin will be litecon... becaue bitecoin has one disadvantage - is not fast. i cant imagine the situation, that in restaurant i will pay with btc and then wait to 3 confirmations. this is the weakness of btc. so in my opinion is btc "gold" (fast and small transactions is not necessary) and litecon "silver"

next question is -  what value would have usd in two years? inflation....

First of all you don't need 6 or 3 confirmations. Those are arbitrary numbers. 99.9% of time you 'll be fine with 1 especially for low amounts like a restaurant bill.
In any case for pos like starbacks even 0 confirmations will do the job. Of course some kids will try to take advantage and order a coffee and then double spend but it isn't worth the trouble anyway


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: macher on December 08, 2013, 10:58:40 PM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows


I pick a) but hard to believe Bitcoin would not reach $10,000 before stabilizing at $3,000-$7,000  within two years

i also think that second altcoin will be litecon... becaue bitecoin has one disadvantage - is not fast. i cant imagine the situation, that in restaurant i will pay with btc and then wait to 3 confirmations. this is the weakness of btc. so in my opinion is btc "gold" (fast and small transactions is not necessary) and litecon "silver"

next question is -  what value would have usd in two years? inflation....

First of all you don't need 6 or 3 confirmations. Those are arbitrary numbers. 99.9% of time you 'll be fine with 1 especially for low amounts like a restaurant bill.
In any case for pos like starbacks even 0 confirmations will do the job. Of course some kids will try to take advantage and order a coffee and then double spend but it isn't worth the trouble anyway

ok, now i dont understand why all merchants/exchanges need at least 3 confirmations? and also this is not the argument why any merchant will be use btc in real shop ("Of course some kids will try to take advantage and order a coffee and then double spend but it isn't worth the trouble anyway")

the system of credit/debit cards hates merchants (because of fee 2%), but it has one advantage - you can trust.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: rethyk on December 08, 2013, 11:00:18 PM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows


I pick a) but hard to believe Bitcoin would not reach $10,000 before stabilizing at $3,000-$7,000  within two years

i also think that second altcoin will be litecon... becaue bitecoin has one disadvantage - is not fast. i cant imagine the situation, that in restaurant i will pay with btc and then wait to 3 confirmations. this is the weakness of btc. so in my opinion is btc "gold" (fast and small transactions is not necessary) and litecon "silver"

next question is -  what value would have usd in two years? inflation....

First of all you don't need 6 or 3 confirmations. Those are arbitrary numbers. 99.9% of time you 'll be fine with 1 especially for low amounts like a restaurant bill.
In any case for pos like starbacks even 0 confirmations will do the job. Of course some kids will try to take advantage and order a coffee and then double spend but it isn't worth the trouble anyway

While it may not be worth the trouble to you or me, I think to greedy corporations that don't want to incur any losses it might be a bigger deal which is why I'm not looking away from litecoins.  That said tho, while we all would like btc to reach sky high levels, I don't see it going much higher than 2500-5000 in the next few years.  then again I could be totally wrong tho since back in april I thought it would never go higher that 200$ lol


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: juice2013 on December 08, 2013, 11:05:19 PM
Relative value of the US dollar will also have a big impact, as it is backed by other currencies as well.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: toy4lov3rs on December 08, 2013, 11:36:33 PM
Relative value of the US dollar will also have a big impact, as it is backed by other currencies as well.

Not much impact, $10,000 is reasonable to expect within 3 years


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: scarthan on December 09, 2013, 12:02:16 AM
Bitcoin will reach 10,000 dollars and well above in my opinion. Just as we all continually cash out as we think it won't get any higher we ourselves drive the interest in it. All crypto currencies have a much grander purpose and utilitarian existence well beyond what they are being used for now. What will drive them above these limits the most will be the ubiquitous integration into everyday transactions. This all to be taken with a large grain of salt as I'm not only an idealist but optimistic as well and my opinions are just that.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: TiagoTiago on December 09, 2013, 12:06:39 AM
It would surprise me if we get to the end of 2014 with less than 5 digits.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 09, 2013, 12:08:01 AM
Maybe, but the problem is that they buy and sell limit will decrease as more people will probably be selling instead of buying.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PenAndPaper on December 09, 2013, 12:30:03 AM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows


I pick a) but hard to believe Bitcoin would not reach $10,000 before stabilizing at $3,000-$7,000  within two years

i also think that second altcoin will be litecon... becaue bitecoin has one disadvantage - is not fast. i cant imagine the situation, that in restaurant i will pay with btc and then wait to 3 confirmations. this is the weakness of btc. so in my opinion is btc "gold" (fast and small transactions is not necessary) and litecon "silver"

next question is -  what value would have usd in two years? inflation....

First of all you don't need 6 or 3 confirmations. Those are arbitrary numbers. 99.9% of time you 'll be fine with 1 especially for low amounts like a restaurant bill.
In any case for pos like starbacks even 0 confirmations will do the job. Of course some kids will try to take advantage and order a coffee and then double spend but it isn't worth the trouble anyway

While it may not be worth the trouble to you or me, I think to greedy corporations that don't want to incur any losses it might be a bigger deal which is why I'm not looking away from litecoins.  That said tho, while we all would like btc to reach sky high levels, I don't see it going much higher than 2500-5000 in the next few years.  then again I could be totally wrong tho since back in april I thought it would never go higher that 200$ lol

It might be a bigger deal but bitcoin will give them so much more that kids trying to double spend every now and they would be nothing. Also Litecoin doesn't solves the problem. Remember that 2 mins or 5 mins or 10mins are average times.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: TiagoTiago on December 09, 2013, 12:47:17 AM
And what is the time you have to wait before you know the customer can't make a charge back on a credit card?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: YoyodyneSystems on December 09, 2013, 12:54:49 AM
I think it's very likely. If there is no catastrophic failure of some kind. As more businesses accept it then the demand will increase. My guess is

$1500 by jan 1rst
$2000 by feb 1rst
$10,000 by end of 2014.

Some are saying summer for 10k. But I like to be a little reserved. Those $5k to $3k slides will be interesting.

I think that $30,000k within 3 years from now is possible. But I think that after 6-12 months Bitcoin will have competetion for sure to eat
at it's market share. I think it may stay at $10k and slow down. Bitcoin transaction times are a bit slow. And security and other factors are average.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Revoleixel on December 09, 2013, 01:29:46 AM
Looks like its a good time to buy.

Does anyone know of a good bitcoin wallet I can use for my computer?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: terman45x on December 09, 2013, 01:32:21 AM
Does anyone know of a good bitcoin wallet I can use for my computer?

Use Bitcoin-qt, most secure wallet client, but it will take many hours to synchronize (but only once)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: wendell on December 09, 2013, 01:59:58 AM
Oh most definitely.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: rkam91 on December 09, 2013, 02:02:07 AM
I think it's very likely. If there is no catastrophic failure of some kind. As more businesses accept it then the demand will increase. My guess is

$1500 by jan 1rst
$2000 by feb 1rst
$10,000 by end of 2014.

Some are saying summer for 10k. But I like to be a little reserved. Those $5k to $3k slides will be interesting.

I think that $30,000k within 3 years from now is possible. But I think that after 6-12 months Bitcoin will have competetion for sure to eat
at it's market share. I think it may stay at $10k and slow down. Bitcoin transaction times are a bit slow. And security and other factors are average.
optimistic estimates, but possible

10,000 by end of 2015



Title: Re: Will bitcoin reach $10,000 one day...?
Post by: zeraTunerse on December 09, 2013, 02:03:30 AM
I think it's very likely. If there is no catastrophic failure of some kind. As more businesses accept it then the demand will increase. My guess is

$1500 by jan 1rst
$2000 by feb 1rst
$10,000 by end of 2014.

Some are saying summer for 10k. But I like to be a little reserved.


Your very reserved  :)
I believe your timeline is off by a factor of 2-3 (your timeline is quick)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: aget1 on December 09, 2013, 02:21:17 AM
look at the current bitcoin market i doubt the percentage of bitcoin exchange are for physical goods/services, without a asset base all coins are just bytes and bits.
currency are trusts, the trust so that when i have a dollar i believe i can get what i want valued a dollar. the trust so that when i have a dollar i believe it will always be at least a dollar
but current bitcoins... well if one day eBay accept bitcoins it may go 10k, or after a ultra-inflation when you paid 100 to buy a coke yes bitcoin may go 10k, but in near future, i don't see much hope.
For me, as a businessmen, i don't want a sudden high rise in exchange rate (better not) but a stable and usable currency.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: aget1 on December 09, 2013, 02:27:54 AM
I think it's very likely. If there is no catastrophic failure of some kind. As more businesses accept it then the demand will increase. My guess is

$1500 by jan 1rst
$2000 by feb 1rst
$10,000 by end of 2014.

Some are saying summer for 10k. But I like to be a little reserved. Those $5k to $3k slides will be interesting.

I think that $30,000k within 3 years from now is possible. But I think that after 6-12 months Bitcoin will have competetion for sure to eat
at it's market share. I think it may stay at $10k and slow down. Bitcoin transaction times are a bit slow. And security and other factors are average.

i doubt it's all about lowering the value of dollars?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: markitol on December 09, 2013, 04:00:31 AM
$10000    - 2015   :)
$100000   - 2016  ;D
$1000000 - 2017   :o


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bobsurplus on December 09, 2013, 04:01:14 AM
yes


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: wood9888 on December 09, 2013, 04:16:24 AM
I'm thinking around 5,000 in 2014, and 10,000 in 2015.  ;D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: toren on December 09, 2013, 05:09:22 AM
I don't think it will. But that's my opinion.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: hewho on December 09, 2013, 09:09:51 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: louis1584 on December 09, 2013, 09:16:13 AM
One day yes. If the demand for them keep up.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: riot319 on December 09, 2013, 09:19:14 AM
June 2014.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: tampazeus on December 09, 2013, 09:20:09 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

Yes, if it is not fast bubble going to $10,000 early next year, but rather stable rise to $10,000 over 2 years


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: lizle on December 09, 2013, 09:59:38 AM
short answer
yes
summer 2014!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pokerFace2 on December 09, 2013, 10:03:14 AM
$10000    - 2015   :)
$100000   - 2016  ;D
$1000000 - 2017   :o


The 2016 and 2017   figures are way off, but Bitcoin price depend on popularity and useability only


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Ceday on December 09, 2013, 10:23:45 AM
We'll get to $10,000 tomorrow if Walmart starts accepting bitcoins


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Elkuurbitcoins on December 09, 2013, 10:28:33 AM
It will eventually. Patience...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pasikisu on December 09, 2013, 11:52:27 AM
Seeing the usual "Bitcoin 10000$ when?" threads is always a good sign for people's psychology  8)
How so? If most people believe the insane increase in value will just continue and continue, they won't spend their bitcoins, meaning less demand, leading to a lower value in the end.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bSpend on December 09, 2013, 12:17:35 PM
it will get to 10k, up to 100k possibly


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Agsic on December 09, 2013, 12:36:40 PM
it sure will


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: macjd on December 09, 2013, 12:37:33 PM
Seems unlikely but I guess we are all hoping for it anyway.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Menahem on December 09, 2013, 12:38:45 PM
BTC will be $2500 in next year


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Rainy on December 09, 2013, 12:54:28 PM
I think BTC will go down


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Connact on December 09, 2013, 01:12:47 PM
i think it's only a matter of time before BTC hits $10k, the question is whether or not BTC will be overtaken by somthing else.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Pattes on December 09, 2013, 01:24:34 PM
Unless there's something deeply wrong with it in its code or something like that, I don't see why it couldn't reach 10K. But if it does, it's gonna be much sooner than 2020. Something started on November, the 20th, I don't know what but all coins have started soaring and now that they have some momentum, the best/more original ones will keep increasing in value.There isn't even that many services using Bitcoin (not to mention altcoins) so when it's a fully-fledged currency, it can do much better than it does now. Bottomline : if Bitcoin ever reaches 10K, it's gonna be by the end of 2014 I think, not a long time after that.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: igear2 on December 09, 2013, 02:07:34 PM
I guess the most people talking, using this forum hope BTC go to 10K, right?
I think BTC will go over 10K, just like it unbelievably goes to 1K.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: young3dvard on December 09, 2013, 02:15:41 PM
if Bitcoin ever reaches 10K, it's gonna be by the end of 2014 I think, not a long time after that.

I think it has to take longer, 10x more value might mean 10x more time to go to this value. It would make sence to me


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: slike321 on December 09, 2013, 02:40:42 PM
It will reach it if rich people keep putting lots of cash in - of course the problem is that they do not spend it either (long term investments) - which will defeat the use of bitcoin as a currency.

Bitcoin needs to be accepted by more retailers to make people spend the money and I think things will get better.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: neordicICE on December 09, 2013, 02:47:14 PM
Bitcoin needs to be accepted by more retailers to make people spend the money and I think things will get better.

I see more retailers accepting Bitcoin since I started, so there will be many places to spend Bitcoins soon. Once people spend more instead of selling coins, Bitcoin price will increase


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: HHvindenes on December 09, 2013, 03:06:48 PM
Might, might now. Depends, they say as long as people believe in it as a currency it will keep on growing, and be worth a lot because of the limits of how much there is!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Tonza on December 09, 2013, 03:30:13 PM
I don't see it climbing fast enough to get 10k next year but some day maybe.
It will be interesting to see if this cryptocurrencies will actually survive.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: MetalGuy on December 09, 2013, 04:49:27 PM
I don't think that it will be near 10k for next 2 years.And i don't think that people will forget more "ordinary" currencies(like euro or dollar) in next 20 years.Also we still don't know who is Satoshi and he holds a pretty big amounts of bitcoin, and capable to drop the price really low, also as i know bitcoin is open source so there can't be any "coding" backdoors but who knows about algorithmic and mathematical backdoors. As far as i know it wasn't inspected this way, was it?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: t3xasdolly on December 09, 2013, 06:04:06 PM
I don't see it climbing fast enough to get 10k next year but some day maybe.
It will be interesting to see if this cryptocurrencies will actually survive.

Bitcoin increased from $150 to $1200 in about one month. I would say this climb was very fast


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: MetalGuy on December 09, 2013, 06:36:30 PM
It's all was due Chinese interest, and it's just another stage of bubble.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: qwertyGuy on December 09, 2013, 06:46:53 PM
It's all was due Chinese interest, and it's just another stage of bubble.

Mainly from Chinese, but not completly. Bitcoin is getting popular in Europe, many local Exchanges started this year in Europe


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bitfix on December 09, 2013, 07:24:23 PM
the question is whether or not BTC will be overtaken by somthing else.
+1


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Pattes on December 09, 2013, 07:37:50 PM
if Bitcoin ever reaches 10K, it's gonna be by the end of 2014 I think, not a long time after that.

I think it has to take longer, 10x more value might mean 10x more time to go to this value. It would make sence to me
Only if it's linear. Now, look at this graph and tell me if it looks linear to you :) Maybe I'm being too optimistic, maybe getting from 1000$ to 10.000$ is much harder than from 1$ to 1000$ but I don't think so. What would make sense to me would be that the more people know Bitcoin the more people convey this news to other people and so on...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: MetalGuy on December 09, 2013, 07:39:51 PM
But by what? I think there is no optimal uberaltcoins, they all just variations of old good bitcoin or litecoin. I only remember one that have interesting possibility of "coins mining coins"


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: burnO on December 09, 2013, 07:40:47 PM
I don't think so. ;)
The Analytics from Bank of America (the second biggest bank in America) in their research report compare a Bitcoin currency to Gold. They appraise the real Bitcoin price on 1300 USD (so a 50% higher than today)
Here is orginal article: (in polish ;( ) http://bitcoin.pl/191-analitycy-bank-of-america-szacuja-uczciwa-wartosc-jednego-bitcoina-na-1300-i-porownuja-go-do-zlota
And here is the reoport: https://www.documentcloud.org/documents/885843-banks-research-report-on-bitcoin.html

You think it will be really 1300 USD?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: adworker on December 09, 2013, 07:42:37 PM
i think it's only a matter of time before BTC hits $10k, the question is whether or not BTC will be overtaken by somthing else.

Something like Ripple? I dont think so. It needs to be decentralized I believe (otherwise centralized banks and paypal would be enought)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Astryxx on December 09, 2013, 07:51:49 PM
I honestly can't see it reaching 10k ever. I think like most sites say it's like myspace or napster, it ushered in a new age but competition will come and wipe it out.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pasikisu on December 09, 2013, 07:59:34 PM
if Bitcoin ever reaches 10K, it's gonna be by the end of 2014 I think, not a long time after that.

I think it has to take longer, 10x more value might mean 10x more time to go to this value. It would make sence to me
Only if it's linear. Now, look at this graph and tell me if it looks linear to you :) Maybe I'm being too optimistic, maybe getting from 1000$ to 10.000$ is much harder than from 1$ to 1000$ but I don't think so. What would make sense to me would be that the more people know Bitcoin the more people convey this news to other people and so on...
you're right, it'll most likely continue the current trend of ~80x increase per year, resulting in 1btc being worth over the entire world economy by 2017 or w/e


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: MRDRMUFN on December 09, 2013, 08:04:56 PM
I sure hope so.  :D
maybe in 4 years who knows. I'm investing for the future of currency.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Pattes on December 09, 2013, 08:47:10 PM
if Bitcoin ever reaches 10K, it's gonna be by the end of 2014 I think, not a long time after that.

I think it has to take longer, 10x more value might mean 10x more time to go to this value. It would make sence to me
Only if it's linear. Now, look at this graph and tell me if it looks linear to you :) Maybe I'm being too optimistic, maybe getting from 1000$ to 10.000$ is much harder than from 1$ to 1000$ but I don't think so. What would make sense to me would be that the more people know Bitcoin the more people convey this news to other people and so on...
you're right, it'll most likely continue the current trend of ~80x increase per year, resulting in 1btc being worth over the entire world economy by 2017 or w/e
Thanks for you relevant reply. Something interesting to say ?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: corneliusw on December 09, 2013, 08:47:53 PM
I think 10,000 is highly unlikely. I can see it hitting the middle stages of that though. We have just seen the beginning stages of bitcoin.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pasikisu on December 09, 2013, 09:19:23 PM
if Bitcoin ever reaches 10K, it's gonna be by the end of 2014 I think, not a long time after that.

I think it has to take longer, 10x more value might mean 10x more time to go to this value. It would make sence to me
Only if it's linear. Now, look at this graph and tell me if it looks linear to you :) Maybe I'm being too optimistic, maybe getting from 1000$ to 10.000$ is much harder than from 1$ to 1000$ but I don't think so. What would make sense to me would be that the more people know Bitcoin the more people convey this news to other people and so on...
you're right, it'll most likely continue the current trend of ~80x increase per year, resulting in 1btc being worth over the entire world economy by 2017 or w/e
Thanks for you relevant reply. Something interesting to say ?
These threads are worthless. (And yeah, so are these two posts of mine.)

I think it's a bit of a problem if enough BTC owners think the value will rise to jupiter and beyond in the coming years, because that'll lead to them just sitting on their coins -> less demand since it's not used as much as it could be for buying stuff in stores.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: miners78 on December 09, 2013, 10:51:55 PM
I hope it does. In the short time I've been watching them they have doubled in value so its not impossible.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 10, 2013, 12:26:47 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PenAndPaper on December 10, 2013, 12:31:10 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

I think people would be willing to spend 10000$ to buy 10 mbits.  :P


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: imamanandyou on December 10, 2013, 12:44:03 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.


If we reach 1 million/BTC, not many will have 1 BTC or more, probably between 100-1,000 million users will share all the bitcoins.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 10, 2013, 12:45:46 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.


If we reach 1 million/BTC, not many will have 1 BTC or more, probably between 100-1,000 million users will share all the bitcoins.

But then there are people like you and me who have a few btc's and the early investors who have 100's or 1000's!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bitcoincoinman on December 10, 2013, 12:46:35 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 10, 2013, 12:48:45 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: imamanandyou on December 10, 2013, 12:56:50 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.


If we reach 1 million/BTC, not many will have 1 BTC or more, probably between 100-1,000 million users will share all the bitcoins.

But then there are people like you and me who have a few btc's and the early investors who have 100's or 1000's!

Almost all coins will be redistributed in 20-50 years timeframe if price will keep rising, I and you will most likely not hold 1 BTC anymore


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 10, 2013, 12:57:54 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.


If we reach 1 million/BTC, not many will have 1 BTC or more, probably between 100-1,000 million users will share all the bitcoins.

But then there are people like you and me who have a few btc's and the early investors who have 100's or 1000's!

Almost all coins will be redistributed in 20-50 years timeframe if price will keep rising, I and you will most likely not hold 1 BTC anymore


Why is that? Every time I reach 0.05 I keep it in a paper wallet leaving only as much as I need.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Farce on December 10, 2013, 12:58:11 AM
I think if you consider the vast majority of the worlds population who dont own or have probably not even heard of bitcoin.
By the time they do hear about it, the price mayt be 1.5-2k
They will want a piece of the crypto currency pie to invest and trade with.
By that point, a few other crypto currencies that are much cheaper than bitcoin will be seen as attractive options.

Not everyone likes the idea of making purchases in miniscule fractions!
Its not attractive!

Thats where I think other lower prices crypto currencies will be seen as more attractive.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: imamanandyou on December 10, 2013, 01:00:25 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 10, 2013, 01:02:33 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull

Yes but think of the early onvesto once (if) bitcoin reaches 1 millions.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: imamanandyou on December 10, 2013, 01:03:16 AM
Not everyone likes the idea of making purchases in miniscule fractions!
Its not attractive!

Thats where I think other lower prices crypto currencies will be seen as more attractive.

Ok, make the lower prices crypto currencies actually usefull, then they might become attractive


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: imamanandyou on December 10, 2013, 01:06:52 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull

Yes but think of the early onvesto once (if) bitcoin reaches 1 millions.

And what, 1 Bitcoin costed penny very early, and now cost $1,000


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Farce on December 10, 2013, 01:43:19 AM
Not everyone likes the idea of making purchases in miniscule fractions!
Its not attractive!

Thats where I think other lower prices crypto currencies will be seen as more attractive.

Ok, make the lower prices crypto currencies actually useful, then they might become attractive


Thats were I think certain crypto coins will prevail over others.
Those with a large distribution of coins and a large market cap.
I'm considering buying into some as an investment and as something to trade with.
I have a couple of online businesses and already offer bitcoin as payment, but I want to offer something with a more stable price.
Taking bitcoins as payment for expensive items I sell right now is suicidal! for a business.
Say I sold one of my 24k Gold iPhones, and boom the prices crash the next day for BTC. leaving me screwed.

For trade, we need something more stable with a nice steady growth chart.

THAT is a key point when it comes to a CC being accepted as a useful method of trade..
Right now Quark Coin looks the most promising to me. With a large distribution, large amount of coins, and 1 million mined per year after the first 6 months.




Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 10, 2013, 02:10:50 AM
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull

Yes but think of the early onvesto once (if) bitcoin reaches 1 millions.

And what, 1 Bitcoin costed penny very early, and now cost $1,000


Lets say I was an early investor and bought 100 btc's. then I forgot about it until it was a million dollars. Now I try to sell all of it. Lets say people buy $100 worth of btc each transaction. 1 million people will have to buy btc which will take a while. Now there are people with 1000's of btc. How would the market be able to cope with that?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PenAndPaper on December 10, 2013, 02:58:26 AM
I think if you consider the vast majority of the worlds population who dont own or have probably not even heard of bitcoin.
By the time they do hear about it, the price mayt be 1.5-2k
They will want a piece of the crypto currency pie to invest and trade with.
By that point, a few other crypto currencies that are much cheaper than bitcoin will be seen as attractive options.

Not everyone likes the idea of making purchases in miniscule fractions!
Its not attractive!

Thats where I think other lower prices crypto currencies will be seen as more attractive.


This is happening already and thats why ltc for example had a higher rise than bitcoin. The cure for that is as many suggest to switch to mbtc like bitcoinity already did.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: smothbe on December 10, 2013, 04:07:37 AM
yeah why not ;D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jubalix on December 10, 2013, 05:11:00 AM
within 2 years, max BTC will hit 10k.

essentially bitcoin market cap, which can be spent and re-spent, leaves to much money on the table for a lot of industry and services seek to get a portion of this market. The higher the market cap the more and more services will appear which will make the bitcoin more and more useful.

State actors that try to marginalize BTC will experience capital loss against those that embrace btc for any better utiltiy which it may offer, in the form of common opportunity and human capital / innovation.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: hattorikun on December 10, 2013, 05:14:27 AM
Never say never  ;)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: karolwil on December 11, 2013, 05:25:23 AM
to da mooon  ;D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Jaslynn on December 11, 2013, 05:45:24 AM
I would be the happiest if bitcoin touch 5 digits  ;D
Can't really think of it!!

OMG!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: V38 on December 11, 2013, 05:48:12 AM
I hope so and I believe it will.
Although I think altcoins are going to change the game somewhat too.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: lizle on December 11, 2013, 11:59:54 PM
Are you Guys buying Bitcoin ??

Horde it :D


http://wallstreetinsanity.com/wp-content/uploads/Investing-In-Bitcoin-4-Major-Problems.jpg


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: tondaS on December 12, 2013, 12:09:01 AM
Are you Guys buying Bitcoin ??

Horde it :D


This is just rendered image or real picture? The coins looks sweet


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PenAndPaper on December 12, 2013, 01:08:11 AM
I would be the happiest if bitcoin touch 5 digits  ;D
Can't really think of it!!

OMG!

It can hit 5 digits with just a rally like we 've seen last month. 6 digits or nothing!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: exocytosis on December 12, 2013, 06:32:45 AM
I believe it will happen in 2014.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bitarchist on December 12, 2013, 06:54:13 AM
I think its only a matter of time.

The untapped potential of the Bitcoin protocol is staggering!

Almost all great ideas were initially ridiculed and violently opposed by the masses before eventually becoming widely accepted and commonplace.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: qomeeno on December 12, 2013, 07:00:03 AM
If one another high investing party join to fry bitcoin trading, it will immediately pass 10000$.

Hope it will be seen soon, as major financial powers are looking to it now.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: powacko on December 12, 2013, 07:09:42 AM
It will never reach 10000$. Not even 2000$. Who is ready invest and buy for such amount?

What is the purpose of spending too much for bitcoins in the future?



Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Kingbit64 on December 12, 2013, 10:03:54 AM
i think the fair market value of a bit coin todya is about 1250 over the next year we should see 1500 -2000 as a cap... as for 10000 coin that could happen when we reach the 21millon coin cap and when more major corps. allow coins for payment


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Lala on December 12, 2013, 10:11:53 AM
NASA told me by 2015 :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Elkuurbitcoins on December 12, 2013, 11:01:54 AM
It will never reach 10000$. Not even 2000$. Who is ready invest and buy for such amount?

What is the purpose of spending too much for bitcoins in the future?

I don't see your point. You will always be able to invest whatever amount you want. Right now you will get a little more than 1 mBitcoin for a single US Dollar. That's not that big an investment, is it?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cajsy on December 12, 2013, 12:24:18 PM
 Bitcoin  to WALL STREET !!
Wall Street is getting ready to dive into Bitcoin

http://finance.yahoo.com/news/secondmarket-ceo-wall-street-put-203000747.html (http://finance.yahoo.com/news/secondmarket-ceo-wall-street-put-203000747.html)



Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cinaro1 on December 12, 2013, 02:24:00 PM
Bitcoin is slow. Faster wins


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bryant.coleman on December 12, 2013, 03:19:01 PM
It will never reach 10000$. Not even 2000$. Who is ready invest and buy for such amount?

What is the purpose of spending too much for bitcoins in the future?



Activity of 1 and you are making such heavy predictions. You joined this forum today. Why you became suddenly interested in BTCs, when you think that the price is going to go down permanently?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pokerFace2 on December 12, 2013, 03:31:11 PM
Bitcoin is slow. Faster wins

Bitcoin is almost instant, if the amount is bigger, wait for 1st confirmation. Faster is only centralized payment where you might get confirmation instantly (but can be removed anytime later)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Nitromojo on December 12, 2013, 03:39:36 PM
Folks, I believe Bitcoin can go to $10,000 or $20,000. But I also believe it can go to 0.1 cent as well. The problem I see and my real concern is that 20/25% of all bitcoins are in 100 hands. Just the top of the list has 111.111 bitcoins. For some reason, if this guys ever sell a portion of his wallet, bitcoin could go to 0.1. So my concern is my investment is still in the hands of somebody else.

Please I love bitcoin, and I´m not a fear monger, neither negative. But this is what makes me no sleep at night.

Take care All
Nitromojo


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: DeboraMeeks on December 12, 2013, 03:46:50 PM
it already reached the $1,000 some time ago but I think there is a long way to go to reach the $10,000,I think it might be at that level after 5-10 years if the current growth continues at these rates or close to it.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: DodoB on December 12, 2013, 05:00:37 PM
i speculate in 2015. with the chinese ban on bitcoin we would be at 2000$ right now.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: NyanCat on December 12, 2013, 05:07:13 PM
I think it will reach 10 000 in 2-3 years. When price was $100 many people were talking that it is maximum value :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bumpk1nK on December 12, 2013, 05:11:18 PM
I think it will reach 10 000 in 2-3 years. When price was $100 many people were talking that it is maximum value :)

$10 was maximum value as well, I saw posts here saying buying over $5 is very expensive and way to loose money


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: gooki on December 12, 2013, 05:12:22 PM
Depends if there are people in the general public who have no coins that would be willing to drop that kind of money to have coins. Also there is the problem of early adopter wealth concentration right now.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cointrunk on December 12, 2013, 05:29:44 PM
Next financial crisis is coming and with it an all time high  :D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: HigsonPP on December 12, 2013, 07:13:37 PM
yes, it will reach 10k, maybe 100k and beyond. it will take a while though. i think we go down from here for a while.... just had huuuuuge growth in such little time.... need to return to exponential trend


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: dasource on December 12, 2013, 07:31:31 PM
... it's all a matter of time and how much easier it becomes to use on a day to day basis.
my two cents


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: gminerph on December 12, 2013, 07:40:34 PM
If it gets accepted by major banks then I could definitely see it happening.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: hieroglyph on December 12, 2013, 08:52:27 PM
I know it will, the thing that worries me is what will be the reason for it being so high.  I hope 10,000 bitcoin becomes the norm in the short term to be honest.  I think that is what we should all be focused on making a reality!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jchi18 on December 12, 2013, 08:55:35 PM
I certainly hope so but I wonder if an another coin becomes more attractive


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ajax3592 on December 12, 2013, 08:56:39 PM
You can never really tell, most of the guys that are bullish about BTC have invested in them.
It can go to $10,000 but it can go to $100 too. 10x fall is not big, it went from $32 to $2 once.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PenAndPaper on December 12, 2013, 09:04:00 PM
Folks, I believe Bitcoin can go to $10,000 or $20,000. But I also believe it can go to 0.1 cent as well. The problem I see and my real concern is that 20/25% of all bitcoins are in 100 hands. Just the top of the list has 111.111 bitcoins. For some reason, if this guys ever sell a portion of his wallet, bitcoin could go to 0.1. So my concern is my investment is still in the hands of somebody else.

Please I love bitcoin, and I´m not a fear monger, neither negative. But this is what makes me no sleep at night.

Take care All
Nitromojo

Those are the guys that want bitcoin to succeed more than everyone else. Also if those guys sell bitcoin might go to 0 for a second but it will bounce up immediately if it has the real value that most of us think.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: WNxRip on December 12, 2013, 09:06:59 PM
Bitcoin growing as a whole in value cannot be seen as anything but good.

Generally if bitcoin goes up in price then the other coins will follow up in price, Litecoin will go up in price aswell, aswell as the dreaded Quark (in my opinion), all coins will grow in value if Bitcoin continues to rise. in 5 years if there is mainstream acceptance of Cryptocurrencies around the world then this will explode.
It's hard to believe by looking at the price of Bitcoins currently but cryptocurrencies are still in their infancy, the sky truly is the limit price wise.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: huadylmate on December 12, 2013, 09:13:37 PM
You can never really tell, most of the guys that are bullish about BTC have invested in them.
It can go to $10,000 but it can go to $100 too. 10x fall is not big, it went from $32 to $2 once.

Very true, $100 is good price, why most want the price go to $10,000 ? I preffer lower price, so I can buy more coins  :P


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: HigsonPP on December 12, 2013, 09:34:25 PM
just a question of when....


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bitcoinCUkid on December 12, 2013, 10:05:34 PM
The only way for bitcoin to maintain it's value growth is for more businesses to start trusting it and accepting it as a form of payment. If the price of a bitcoin is $10,000, daily price swings will be too high and business will not be willing to take the risk. It could be at $10,000 one day but I don't see that happening for a while, maybe 20 years plus if it becomes widely accepted.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: poewerden on December 12, 2013, 10:09:54 PM
The only way for bitcoin to maintain it's value growth is for more businesses to start trusting it and accepting it as a form of payment. If the price of a bitcoin is $10,000, daily price swings will be too high and business will not be willing to take the risk. It could be at $10,000 one day but I don't see that happening for a while, maybe 20 years plus if it becomes widely accepted.


20 years is way off, 2 years is more likely for more businesses accepting Bitcoin


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Essex343 on December 12, 2013, 10:19:52 PM
yes, give it time. :D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bombeano on December 12, 2013, 10:31:41 PM
Probably around 2015 or 2016 with the high inflation rate :D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: efc17 on December 12, 2013, 10:40:53 PM
2015 my guess. 

based on $250 April 2013 'bubble' recent ~$1200 next ~$5000

one after that will top ten grand.  No technical analysis just a total hunch  :-\


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bitcoinCUkid on December 12, 2013, 11:00:41 PM
The only way for bitcoin to maintain it's value growth is for more businesses to start trusting it and accepting it as a form of payment. If the price of a bitcoin is $10,000, daily price swings will be too high and business will not be willing to take the risk. It could be at $10,000 one day but I don't see that happening for a while, maybe 20 years plus if it becomes widely accepted.


20 years is way off, 2 years is more likely for more businesses accepting Bitcoin

I agree, more businesses will be accepting Bitcoin within the next 2 years. I'm saying that we won't see it value at $10,000 per BTC for another 20 years plus.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: hollowframe on December 12, 2013, 11:02:12 PM
$10k next year.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: tyme on December 12, 2013, 11:04:37 PM
It can reach 10k but before it has to drop to 400-300$ again, time will tell...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: chuang on December 12, 2013, 11:05:20 PM
today


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: maikel100 on December 12, 2013, 11:28:32 PM
I think it will be..in a few years


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Gemminyc on December 12, 2013, 11:33:05 PM
2015 my guess. 

based on $250 April 2013 'bubble' recent ~$1200 next ~$5000

one after that will top ten grand.  No technical analysis just a total hunch  :-\

Price patterns does not happens so predictable. It would be much easier to make money just trading instead


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: karnekaj on December 12, 2013, 11:50:33 PM
Oneday, since it can't inflate. It's a gold rush right now (well now it's over) and if you got any, you got gold. It will probably stabilise after a time and then rise but that depends on the inflation of other currencies.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Ardenyham on December 12, 2013, 11:53:21 PM
Oneday, since it can't inflate. It's a gold rush right now (well now it's over) and if you got any, you got gold. It will probably stabilise after a time and then rise but that depends on the inflation of other currencies.

Yes the inflation of USD will help increase Bitcoin price over time (as long as Bitcoin is used)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: zolace on December 12, 2013, 11:55:36 PM
Oneday, since it can't inflate. It's a gold rush right now (well now it's over) and if you got any, you got gold. It will probably stabilise after a time and then rise but that depends on the inflation of other currencies.

Yes the inflation of USD will help increase Bitcoin price over time (as long as Bitcoin is used)

we need to promote btc more to much negative media on google.com

Need a media news for bitcoin and alt currencies im shock no one thought of this yet?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jones31 on December 13, 2013, 01:34:03 AM
It can reach 10k but before it has to drop to 400-300$ again, time will tell...

Why?
Do you have any reasons to believe that?
Do you have any arguments to believe that?

Also , I like how you say "IT HAS".


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: JohnsonRobinson on December 13, 2013, 03:10:09 AM
Hopefully 'they' don't use their capacity to essentially print unlimited amounts of money (85 billion per month currently) to buy up a bunch of cryptocurrency and manipulate their price to their agenda.  Look what they've done with gold and silver.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Sunnyqueen on December 13, 2013, 03:22:21 AM
My forecast:
October, 2014 BTC will reach 10 K$


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: labken on December 13, 2013, 03:40:48 AM
It will be $10000 a coin on 9/11/14


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: speedtrader on December 13, 2013, 04:03:04 AM

before bitcoin have many regulation from their country, it's impossible mindset.  ;D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: JohnsonRobinson on December 13, 2013, 04:33:46 AM
Bill Still (the guy who is plugging Quarkcoin) is THE guy on monetary reform and has a huge following.

Check out his excellent free YouTube film:  "The Money Masters" (3.5 hours, so get comfortable).

He also has a more recent, shorter free YouTube film called "The Secret of Oz" which is great.

The best one-hour overviews of how our current debt-based money system works are:  "Money as Debt I, II, III."

The best book that I have come across is by Michael Rowbotham:  "The Grip of Death:...".  Bill Still also has a book:  "No more national debt."

Bill Still also does. "The Still Report."  on YouTube.

The best website/organisation that I have come across on the topic of money reform is:  www.positivemoney.com

Bill Still's two key recommendations are:  1) Governments should no longer be allowed to lend money that they don't have; and 2) Banks should no longer be able to lend money that they don't have (i.e., no more fractional reserve lending...1 to 1 only).




Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bryant.coleman on December 13, 2013, 06:21:14 AM
It can go to $10,000 but it can go to $100 too. 10x fall is not big, it went from $32 to $2 once.

No. That fall can't be repeated. The number of Bitcoin users now is about 100 times of the amount we had in 2011. So there is no chance of such a fall repeating.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ducatiphil on December 13, 2013, 06:35:30 AM
By January 2015 bitcoin will hit $2000

I trade in forex currency markets and have done for 8 years, and making money from it, I suggest that everyone needs to watch the GOLD price, currently at around $1252, gold will hit $2000 by October 2014, there is a lot of talk and rumours flying about, especially about Bitcoin and Quarkcoin, the Gold price is the one to watch, when it goes up, the Bitcoin and Quarkcoin will follow.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: spinozist on December 13, 2013, 07:01:04 AM
Yes, gold seems relatively inexpensive at the moment (not that I know much about such things). It seems possible that we'll see western currencies devalued significantly over the next 5-10 and if bitcoins remain/become a viable alternative then who knows where it'll end up.

For now I see bitcoin growing but my greatest fear is that there will be some form of regulation imposed upon it, or an alternative currency created and really promoted across the board.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: RarsMover11 on December 13, 2013, 07:10:32 AM
In a few years, prob 2016 at the earliest.
What would be the highest bitcoin ever reaches?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bryant.coleman on December 13, 2013, 07:48:39 AM
What would be the highest bitcoin ever reaches?

Who knows?... May be in 3-4 years it will surpass the market cap of Master / Visa.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Quacko on December 13, 2013, 07:53:34 AM
I believe that somewhere in the future a cryptocoin will fully replace the normal currency of today. The ease of transactions and everything that comes with it make it superior in many ways. Yet I don't think it will be Bitcoin that wil lbe the all replacing currency. Probably one of the follow ups that has yet to be released.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: 229032 on December 13, 2013, 08:40:00 AM
Absolutely, probably 2014-2015.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Simpy12 on December 13, 2013, 09:25:51 AM
I hope so!!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: PincoPluto on December 16, 2013, 04:14:00 PM

well bitcoin is a limited value you cannot produce more than some million and since I guess it will be of larger use I guess it will reach this value...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: LightningBlade on December 16, 2013, 04:21:31 PM
End of this year......


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: miner4coin on December 16, 2013, 04:29:03 PM
i believe it could due to the limitation in the amount of coins produced.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Exther on December 16, 2013, 07:48:42 PM
I think it will reach 10 000 in 2-3 years. When price was $100 many people were talking that it is maximum value


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Faince1985 on December 17, 2013, 02:11:32 AM
Bitcoin growth is sometimes unpredictable (from few cents to over a thousand dollar). therefore you can never tell but I think it won't reach $10,000 in the few coming years.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pand70 on December 17, 2013, 02:30:35 AM
I think we can use some optimistic threads like this one now that price drops like a rock... (And to think that this is a week's old thread... Damn that volatility)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: EnderHf on December 17, 2013, 02:44:33 AM
Well buddy maybe if btc survives until that happens cause btc is mostly know for the online drug market and the feds hate that


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nate008 on December 17, 2013, 06:28:17 AM
Well buddy maybe if btc survives until that happens cause btc is mostly know for the online drug market and the feds hate that

Btc was known for the drug market.
The public currently believes that SR was closed down , they don't have a clue SR2 is online , and the recent news have directed the attention to other things.
Buying a car with BTC , lots of services accepting BTC so you can almost survive with BTC only in some cities and much more.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jeremy70 on December 17, 2013, 08:28:27 AM
I think it is not possible to earn it in one day but if they will have a jackpot they will earn it someday.In Finland i seen a lot of minner that getting only a little bit of gold and they can't earn it.Before i also use to invest in it but it ended me on having a loan or pikavippi (https://reissuvippi.fi/) .


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: maximum on December 17, 2013, 08:33:38 AM
Central banks can print infinite money.

Therefore, price level will be infinite.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Cryptconnect on December 17, 2013, 08:44:51 AM
Yes it will...

People that know about bitcoin: 60%

People using bitcoin 0.1%

These numbers will go up and up!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: llumho on December 17, 2013, 08:54:00 AM
yes, in 2045 ;D ;D ;D ;D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: n691309 on December 17, 2013, 08:59:46 AM
Yes it will...

People that know about bitcoin: 60%

People using bitcoin 0.1%

These numbers will go up and up!

Actually much less than 60% know about Bitcoin, the media attenion was only in United States and China. In some parts of the world, no  media attenion at all


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: c0d34w4y on December 17, 2013, 09:33:35 AM

I really hope so but right now it doesn't look like it at all. I think an anonymous crypto currency may replace bitcoin at some point.

How do you figure? There's just not a fat chance... I think there might be slight modifications and patches applied to the bitcoin schema but by and large, it's here to stay for a very long haul.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nerFohanzo on December 17, 2013, 09:57:16 AM
I really hope so but right now it doesn't look like it at all. I think an anonymous crypto currency may replace bitcoin at some point.

You mean more anonymous ? I doubt because to stay anonymous you must be anonymous on all levels, from internet connection to depositing and withdrawing USD


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bittzy78 on December 17, 2013, 09:59:42 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: CoinGroin on December 17, 2013, 10:24:20 AM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows

I think this is way off.

If (b) were to be not true, that would mean that bitcoin has been around for 2 years, meaning the popularity/usage would have been very exposed to the mainstream.  So if it does and it doesn't hit zero, it will have skyrocketed to well above 7k


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bittzy78 on December 17, 2013, 10:33:25 AM
I don't its possible, but who knows. Maybe I am wrong, only time will show.

Yeah, who knows what the future will hold for all cryptocurrencies. The only thing that I know is that they are probably here to stay.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: stuartcharles on December 17, 2013, 10:39:29 AM
I would vote yes. I think if it is only used as an alternative store of wealth it can do 10,000 usd. When who knows, and of cause something better may come first.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ferda2mx on December 17, 2013, 10:42:17 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.

Selling or spending coins helping redistribution of Bitcoins, it is good thing in my opinion.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bittzy78 on December 17, 2013, 10:46:35 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.

Selling or spending coins helping redistribution of Bitcoins, it is good thing in my opinion.


I agree completely but as long as people take profits, it will be harder to push through higher resistance points. I guess it would have to come to the point where people holding a $5000 Bitcoin believe it is under priced and actually worth closer to $10,000. If it is going to happen, Bitcoin will have to prove to have more utility in the real world and not just being used for online trading.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Aaroenz0r on December 17, 2013, 10:56:27 AM
I don't think that will happen until China accepts btc again :'(


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BitThink on December 17, 2013, 11:01:50 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.
Then the one bought at $2000 will sell at $4000, and the one bought at $4000 will sell at $8000. It does not matter how many people sell as long as there are more and more capital enters.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Secondleo on December 17, 2013, 11:41:45 AM
Bitcoin will most likely be a store of wealth within the crypto ecosystem, compareable to gold, while litecoin has the silver tag by now. Because of that prices that high might well be possible.
I don't see it as usable money at any point though. One of the second generation cryptocurrency will be used as money and maybe for other purposes. We're just seeing the emergance of cryptocurrencies in general and we're still in the earliest stages of this development.

Just don't think this will shake the establishment in any way. To use Bitcoins you have to use the infrastructure in existance. Guess who owns that....


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Onews1990 on December 17, 2013, 04:21:33 PM
IMHO In a few years, prob 2016 at the earliest.
What would be the highest bitcoin ever reaches?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: udet4food on December 17, 2013, 04:27:36 PM
IMHO In a few years, prob 2016 at the earliest.
What would be the highest bitcoin ever reaches?


No one knows, Winklevoss twins thinks Bitcoin can go to $40,000


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nahtnam on December 18, 2013, 12:11:17 AM
Well buddy maybe if btc survives until that happens cause btc is mostly know for the online drug market and the feds hate that

Btc was known for the drug market.
The public currently believes that SR was closed down , they don't have a clue SR2 is online , and the recent news have directed the attention to other things.
Buying a car with BTC , lots of services accepting BTC so you can almost survive with BTC only in some cities and much more.


Yes, its starting to get good publicity which boosts the market but then again people are soon to find out that the SR is back up.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: FoolishSleuth on December 18, 2013, 01:16:51 AM
Probably not. USD would have to increase as well to accommodate. Just think of it as the Gold Rush.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: majorX on December 18, 2013, 01:20:33 AM
Probably not. USD would have to increase as well to accommodate. Just think of it as the Gold Rush.

There are so many dollars and so little Bitcoins. Seems possible to me


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: specgamer on December 18, 2013, 02:43:08 AM
I believe that BTC will either die in a year or rise to $5000 - $10000 b 2016.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: woutersteven on December 18, 2013, 02:57:30 AM
With increasing adoption (which I'm assuming), the demand will outpace the supply driving the unit price upwards. I'm guessing we'll hit the 10.000 USD mark before Q4 of 2014 or Q1 of 2015.



Title: Re: Will bitcoin reach $10,000 one day...?
Post by: UKmint on December 18, 2013, 03:17:58 AM
With the price of inflation i wont be surprised to see reach that high.


Only problem is that it will become very exclusive and lose its popular appeal and thus value. Something else will replace it but it will continue to grow at a steady rate as do other curriences


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: aquarius12 on December 18, 2013, 03:18:57 AM
I've read an article and the author predicted that Bitcoin will go up to $98,000 someday....hmm Is that make any sense?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: woutersteven on December 18, 2013, 03:28:45 AM
The technology will mature and despite regulatory hurdles, bitcoins will become more accessible to everybody. In 2014 and 2015 we will see many new companies making it easier for people to get started using cryptocurrencies.

The more people that are using it, whether for investment purposes or for actual transactions, the more demand will outpace supply and the unit price will go up.

The only way I can see the bitcoin losing value is when people start losing faith in the technology.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: DubFX on December 19, 2013, 07:30:51 PM
If it will not get banned by central banks, then why not?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cckurs on December 19, 2013, 07:41:15 PM
I don#t think so, the hype is over. It will be more stable about 1000 USD


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pyrotechz on December 19, 2013, 08:23:52 PM
I don#t think so, the hype is over. It will be more stable about 1000 USD

everyone used to say the hype is over and that it would settle at around $100


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: sneeze on December 19, 2013, 08:36:45 PM
Since bitcoin slowly is getting accepted as payment method IRL and the popularity increases, the demand will also increase = higher value. If our governments doesn't kill it somehow..

Edit; my answer is YES! It will reach 10K some day. :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jongameson on December 19, 2013, 08:58:56 PM
it will be at $12 in a year

that's when you stock up!  ;D

for the ride up to $25000 ;D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ropegut on December 19, 2013, 09:05:45 PM
10k is a lofty goal


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BitcoinAllianceCanada on December 19, 2013, 09:09:51 PM
This is an article written for Bitcoin Magazine BEFORE China decided to not allow the settling of accounts via Bitcoin. I still think a lot of the reasoning in it applies, and I still believe BTC will be > $10,000 in the coming three years.

Disregard the point about China buying.

I fully believe in the idea that the price of a bitcoin can safely floor itself at $10,000 in the following two years. I also assume that the bull market bitcoin currently finds itself becoming will show prices above $10,000 in the interim.

I believe we will hit $2,000 in February; and while I don’t suggest it, I would not be surprised if it happened before 2013 ends.

That being said...

Differentiating between intelligent and not-so speculation is the most valuable asset to any endeavour carried forth in the arms of more than one person; Bitcoin included.

Speculation is a huge aspect of Bitcoin, hate it or love it. Speculation has to be a significant piece of Bitcoin, if you understand what an investment is.

An investment operation – as dictated in 6th Edition of Security Analysis – has the property of being, “... justified on both qualitative and quantitative grounds.” (Dodd, Graham. 107)

Quantitatively, Bitcoin is fantastic. There are a lot of things I can say, but I’d rather be lean and put it this way: It started at, “you can buy one thousand of them for a dollar”, and now it’s, “you can buy one for one thousand dollars.”

It’s been a volatile upward trend, day-to-day; when looked at over four years the increase in price has been anything but. The price from 2009 to present has been a positive exponential hike .

Understanding the satellite-price of Bitcoin falls to the realm of qualitative reasoning.

Who is buying them? What are the financial objectives of these buyers and sellers? When have the prices fluctuated most? Why did they fluctuate the way they did at these times? Where is the discrepancy that has to fall back to the mean? How does each domino come to knock over the next?

Before I continue, I must claim that I do recognize Bitcoin as investment that will return your principal, and a satisfactory return. But this belief only applies to a long-term holding strategy.

Bitcoin, as it is now, is a speculatively deadly game for the second wave of early adopters. Why?

New adopters are two years behind in a certification undefined by standards, wrought only with highly motivated and knowledgeable people. New adopters have no stomach for watching a price drop, and much less the foresight to anticipate some of the rebounds – as was the case with the Silk Road Scare.

While many in-the-know readers frequent Bitcoin Magazine, some proportion will find themselves marginally less-than-informed. This is for you, because I know what it’s like. It isn’t conclusive, just a window at what I – no top grade analyst – believe is going on in the meshwork.





The Buyers

China is buying them , at least to the extent that the person checking out the $1000+ price-tag is concerned.

Here it is, point-blank and blunt: China doesn’t want the USD to be the center of economic gravity. It’s not personal, it’s not aggressive. They have, along with India, one of the largest emerging middle classes in the world. China needs to be liquid. It needs to be able to pay its people now, because today and tomorrow are history’s past and present.

China can’t service its labour as effectively if a great deal of its value is tied up in US debt. It can’t wait around for the Fed to run a hedge fund with the sole aim of offsetting short-term debt payments. For China the only option is to accept as many options as a free market will provide, Bitcoin is another out.

Diversification has been a long-time strategy of the shrewd.

The Financial Objectives of Buyers

As a Bitcoin advocate, I believe it would serve China well to keep diversifying its checks and balances so that they’re not bottlenecked by the business cycles and inflation of American currency. I wouldn’t have endorsed and used Bitcoin myself if it didn’t possess spectacular advantages.

The USA already knows this so they’re buying too. If China is going to chalk up the price of Bitcoin, it’s a good way for the US to chalk down their debt and make real gains by getting into a currency-commodity-asset for which they expect an increasing global demand, regardless if they can fully regulate their citizens or not.

Whether you’ve watched the vagaries of the consensus reached by the Department of Homeland Security or not, the underlining themes of the rather stale progression were...

“This can be innovative. People have used it illicitly. We don’t know what to do yet.”

Assuming that the government is run by people not too superior in ability and foresight than our own – and assuming that the average government employee in the financial division of the Federal government is about as informed as the new adopter, I am inclined to assume that China and USA are pushing each other forward in a race for the future of finance.

 It’s a race neither wants to lose via lack of action.

People in government need be perceived as being actively productive. They will take steps to make sure that any metric of their actions be twisted into some form of advertisement for their upcoming elections. No government wants to be the government that let the golden ship sale while the bureaucracy was counting tickets up along the docks.

They’d rather go down after the Heart of the Ocean like in 2008, than let things take course by themselves in every way a social agenda via minimalist governments should.


Largest Fluctuations

As far as I’m conservatively concerned, there have only been two really majour crashes.

The first huge crash was one that found Bitcoin coming down from $33 to less than $2.  The second crash happened in April of this year – having a peak of $266 fall over 60%.

The Causes

In the first case, Mt. Gox got hacked. In the second case, Mt. Gox shut down because too much traffic was stressing their servers. In both cases Mt. Gox was a central point of failure.

After the liquidity and business risk issues were addressed, Bitcoin got onto its merry road again. Mt. Gox is no longer the big player it is, and thus cannot create the liabilities it once did.

This happened with the Silk Road Scare as well.

The Discrepancy That has to Fall back to the Mean

Right now, the price is inflating. Part of it is a bubble.  ‘How much?’ is the important question.

This question is directly dependant on how many buyers are speculators as opposed to investors. Adopters in developed countries, who aren’t infrastructure-builders, are mostly speculators. Insofar as traffic is coming in from the G8 countries at rates faster than the launches of new services, you can bet that this growth is all speculative.

But, but, BUT! I did say that Bitcoin from my perspective is an investment! And the day that this is truly reflected by stable price growth and circulation is when countries outside of the G8 begin to produce goods and services tied to the infrastructure of Bitcoin.

The adoption of Bitcoin by the developing world will remove so much speculation from the space because these less-than-developed outlets have no other currency with the same advantages as Bitcoin with which to speculate against. Litecoin doesn’t have the infrastructure in place to accommodate this gargantuan feat, and we haven’t even heard the names of most all other alternative coins.

Litecoin, for matters other than developing the world, is nowhere near Bitcoin in infrastructure, and its advantages aren’t as hard-set as everyone seems to think they are. Beyond a faster hash-rate, it really doesn’t provide much more than additional volume.

Now that people in the space are speculating about ASICs for Litecoin, that’s just a signal that the currency is about to be turned into another mining game, and every time it fluctuates it will make Bitcoin seem more stable by comparison, even if only for the sake that Bitcoin has been around longer and will have a longer track record by consequence. For that reason alone, anyone valuing Bitcoin on a security basis will have reasons to choose Bitcoin over Litecoin.

In a nutshell: China and USA are buying them in the race for the potential future of finance. The majour sources of crashes have been decentralized and thus minimized as a liability (i.e. Mt. Gox isn’t what it used to be). To make yourself more than a speculator you have understand that new coins are all coming out as hedges to Bitcoin, insofar as Bitcoin is the measuring stick, it’s going to keep paying dividends; buy Bitcoin and hold for longer than the speculative short term, even if it is intelligently speculative.

Disclaimer: I’m not on Wall Street (which is probably why you should listen to me). I claim no omniscience.

If you liked the article, please donate whatever you feel is equitable to the following address:

14LX84QAQnwAYgTkTKMhi1YxkLYbbM1YQ7


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cckurs on December 20, 2013, 02:50:30 AM
I don#t think so, the hype is over. It will be more stable about 1000 USD

everyone used to say the hype is over and that it would settle at around $100

be a realist - china has kicked it up in the last two months...

why I don't see big jumps over 1000 USD in the next month:
- Chinese people have problems to buy CC
- Other people see ups and downs and will decide not to invest
- Many venturers are already in the market
- BTC must be stable to be accepted for payments
- there are many forks on the market, which will bind a part of invested money (selling BTC -> BTC rate down)
- goverments will try to regulate or to kill CC - the last week has shown how bad-news-sensitive is the market

many reasons for stability, but not for big jumps to 10000 USD in the next time


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cozk on December 20, 2013, 03:25:47 AM
They will need to fraction it at some point.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Kaligulax on December 20, 2013, 07:04:21 AM
i dont know....
If it does, I think it will take quite some time (4-5 years)!

I think it would be better to stabilize in 2000-2500$


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jackey_coin on December 20, 2013, 07:48:21 AM
If there are a lot of people want BTC, it will increase quickly...I think.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: asolis1 on December 20, 2013, 08:00:34 AM
Once it has all been mined, the value will probably shoot up to +$5000. I don't know when it'll happen (with the rising difficulty and all) but I'd say in 2 or 3 years. Although if the price shoots up, you know you're getting closer to a huge dip. Bitcoin's like that.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: sneeze on December 20, 2013, 08:06:15 AM
Once it has all been mined, the value will probably shoot up to +$5000. I don't know when it'll happen (with the rising difficulty and all) but I'd say in 2 or 3 years. Although if the price shoots up, you know you're getting closer to a huge dip. Bitcoin's like that.

According to Wikipedia (https://en.bitcoin.it/wiki/FAQ#How_long_will_it_take_to_generate_all_the_coins.3F):
Quote from: Wikipedia
How long will it take to generate all the coins?
The last block that will generate coins will be block #6,929,999 which should be generated at or near the year 2140.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Rotarynerd on December 20, 2013, 08:21:04 AM
I feel as though bitcoins would reach 2-3000 max.
I mean, that is just me. It's just a weird feeling I get.
But in reality there are already about half of the proposed 21 million bitcoins in circulation.
I feel like once we get closer to the max, the price would slowly settle down and hit it's peak of about double/triple of what we peaked at early/late last month.
I'm still quite optimistic. I see BTC/LTC being the leading cryptocurrency and the other cryptocurrencies that seem to have potential, will follow suite in increasing value, just, not as dramatically/high as BTC/LTC has.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: lazeeboy on December 20, 2013, 08:26:05 AM
I highly doubt that bitcoin would ever reach a figure of that magnitude even if China allowed full freedom for bitcoin.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: andyrays on December 20, 2013, 10:00:38 AM
I highly doubt that bitcoin would ever reach a figure of that magnitude even if China allowed full freedom for bitcoin.

Btc have resisted to China news.
Lost a lot but not everything. New markets are knocking imho


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: weblog on December 20, 2013, 10:05:14 AM
Yes, bitcoin will reach $10,000 in few years  ;)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: GhanaGamboy on December 20, 2013, 10:15:38 AM
I highly doubt that bitcoin would ever reach a figure of that magnitude even if China allowed full freedom for bitcoin.

Bitcoin does not need Communistic China to prosper, a lot of free economies around the world where Bitcoin can really be used


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Shadovka on December 20, 2013, 10:35:32 AM
I dont think it will, 10k is too much, i would be suprised if it will reach more than even 2k.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: soilworker on December 20, 2013, 10:47:32 AM
Nobody knows, but im pretty sure it wouldn't crash to 0...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Sunnyqueen on January 16, 2014, 04:29:44 AM
what would be the effects if BTC get listed and traded on u.s. big stock markets?
>5000$


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bitcopia on January 16, 2014, 04:37:33 AM
Bitcoin has established too large of a network effect to fail. Short of an undiscovered bug, bitcoin is very likely to reach $10k. And that is likely to happen in the next year or two.

Here is Andreas Antonopolous speaking at a bitcoin meetup in LA. One of the more insightful talks on bitcoin that I've seen, and I've seen a lot. Watch. Learn. Understand.

http://www.youtube.com/watch?v=bTPQKyAq-DM


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: mathew564 on January 16, 2014, 04:41:23 AM
maybe


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ducatitalia on January 16, 2014, 04:48:46 AM
Chris Dixon set a potential price target today at $100k via WIRED.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: inspiredinvestor on January 16, 2014, 05:05:57 AM
April 2014 $10,000 sounds good to me!  :D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: rb420det on January 16, 2014, 05:18:37 AM
its been estimated by some (even an article written) that it will possibly reach over $100,000 per coin.

a wired article actually

http://www.wired.com/wiredenterprise/2014/01/chrisdixon/


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Damanuelman on January 16, 2014, 05:44:08 AM
It is possible but for that we would need to begin taking some commodities and payment processors like Paypal, Visa, and Mastercard's market share. In order for us to be at 10k these things need to happen. For BTC to rule the world! And maybe we will all have islands.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BitThink on January 16, 2014, 06:11:02 AM
its been estimated by some (even an article written) that it will possibly reach over $100,000 per coin.

a wired article actually

http://www.wired.com/wiredenterprise/2014/01/chrisdixon/

"He says he owns less than one bitcoin himself." How could one believes 1 BTC will worth $100000 but doesn't have 1 BTC yet. ???


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bitcopia on January 16, 2014, 06:21:43 AM
its been estimated by some (even an article written) that it will possibly reach over $100,000 per coin.

a wired article actually

http://www.wired.com/wiredenterprise/2014/01/chrisdixon/

"He says he owns less than one bitcoin himself." How could one believes 1 BTC will worth $100000 but doesn't have 1 BTC yet. ???

I was asking myself the same thing, and had a few thoughts.

Maybe because he thinks hoarding is bad for functionality. Which, it kind of is, but still, if you expect a 10,000% return, would you reject it out of principle? If so, kudos.
Maybe he's lying because he doesn't want to publicly disclose his holdings. I can think of a few reasons this would make sense.
Maybe he believes that investing in the infrastructure will prove more profitable. It will certainly prove more valuable for the entire community. Although, even with this mindset, I'm sure he still has enough USD left to hold more than 1BTC!!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BitThink on January 16, 2014, 07:06:09 AM
its been estimated by some (even an article written) that it will possibly reach over $100,000 per coin.

a wired article actually

http://www.wired.com/wiredenterprise/2014/01/chrisdixon/

"He says he owns less than one bitcoin himself." How could one believes 1 BTC will worth $100000 but doesn't have 1 BTC yet. ???

I was asking myself the same thing, and had a few thoughts.

Maybe because he thinks hoarding is bad for functionality. Which, it kind of is, but still, if you expect a 10,000% return, would you reject it out of principle? If so, kudos.
Maybe he's lying because he doesn't want to publicly disclose his holdings. I can think of a few reasons this would make sense.
Maybe he believes that investing in the infrastructure will prove more profitable. It will certainly prove more valuable for the entire community. Although, even with this mindset, I'm sure he still has enough USD left to hold more than 1BTC!!

Anyway, to me I think he either lied about his holding or lied about his belief in BTC, and therefore makes what he said means little to me.

Certainly I could be wrong and he could be just like those who spend all of his income and have no saving at all.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BiTJack on January 16, 2014, 07:09:56 AM
Sure, Why not cryptocurrencies are made to grow up.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cryptoastrotrader on January 16, 2014, 08:29:53 AM
I believe 10K to be an achievable target within the first quarter of 2014. If some crisis a la Cyprus hits the Fed, we might even hit the 100K mark that Max Keiser talks about.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ak111in on January 16, 2014, 08:32:42 AM
obviously $10000 is easy, so the question is not will but when :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: nezarkadhem on January 16, 2014, 09:09:19 AM
its been estimated by some (even an article written) that it will possibly reach over $100,000 per coin.

a wired article actually

http://www.wired.com/wiredenterprise/2014/01/chrisdixon/

It will reach $10,000 easy. Here is why:
1. At $10,000 * 21million coins: $210 billion market cap = companies listed on the stock exchange
2. At $100,000 * 21million coins: $2.1 trillion market cap = market cap of gold
3. At $1,000,000 * 21 million coins: $21 trillion market cap = leverage US GDP

Scenario 1: Bitcoin is equivalent to less than most companies listed on the stock exchange. Today's bitcoin media hype and value potential > companies on the stock exchange. We could see the $10,000 mark IF the hype remains the same and merchant adoption continues to rise. See: Bitcoinpulse

Scenario 2: Bitcoin can replace gold, because unlike gold, bitcoin has an intrinsic store of value. You can sell it for any currency anywhere in the world instantly. Whereas gold has a speculative value of roughly $200 an ounce, and the remaining $1000 is speculation. I can't fly to London with an OZ of gold and start chipping it in exchange for goods. And pawn shops won't pay $1200 for an OZ of gold. Fact.  

Scenario 3: This is a long haul, but what if governments would leverage every printed note in exchange for bitcoin. The US wants to print $10 million dollars worth of notes? ok, in exchange buy bitcoins. So that if ever you wanted to cash out your dollars, there is real intrinsic value for them. That was the idea for Gold, but it never seemed to work.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bitcopia on January 16, 2014, 05:06:24 PM
its been estimated by some (even an article written) that it will possibly reach over $100,000 per coin.

a wired article actually

http://www.wired.com/wiredenterprise/2014/01/chrisdixon/

"He says he owns less than one bitcoin himself." How could one believes 1 BTC will worth $100000 but doesn't have 1 BTC yet. ???

I was asking myself the same thing, and had a few thoughts.

Maybe because he thinks hoarding is bad for functionality. Which, it kind of is, but still, if you expect a 10,000% return, would you reject it out of principle? If so, kudos.
Maybe he's lying because he doesn't want to publicly disclose his holdings. I can think of a few reasons this would make sense.
Maybe he believes that investing in the infrastructure will prove more profitable. It will certainly prove more valuable for the entire community. Although, even with this mindset, I'm sure he still has enough USD left to hold more than 1BTC!!

Anyway, to me I think he either lied about his holding or lied about his belief in BTC, and therefore makes what he said means little to me.

Certainly I could be wrong and he could be just like those who spend all of his income and have no saving at all.

I doubt he lied about his belief in bitcoin or else Andressen Horowitz is wasting a lot of time and money in Coinbase. Although I can understand investing in a coin agnostic infrastructure as something of an ETF for all digital currencies, present and future, but still.... less than 1BTC?! He's gotta be kidding.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: reckt26 on January 16, 2014, 05:11:57 PM
never


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: yntro on January 16, 2014, 06:11:01 PM
never

You should be more optimistic about this :/ Well realistic is good too but..


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: TradeAnalyst on January 16, 2014, 09:17:31 PM
Coming back from a tiny trip in the future aboard my quantic time traveler model Nexus 7XV

I had the opportunity to have a quick look on the market and 1 satoshi will be worth in 2059 :

3.5236 International Electronic Units ( the new world currency as described in Blade Runner Sci-Fi movie )

Quantic Time traveler NEXUS 7XV are available

PM me for price

 :)



Title: Re: Will bitcoin reach $10,000 one day...?
Post by: pickaname on January 16, 2014, 09:21:24 PM
How about we reach 1000 again first :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: totalslacker on January 16, 2014, 09:39:09 PM
$10k would be great but I'm hoping for more stability first!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: asic_miner on January 16, 2014, 09:40:03 PM
dont think it will ever happen.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Starscream on January 16, 2014, 09:47:37 PM
10k means the market will grow 10x of its current state and that no significant amount of new BTC will enter the market which I don't think will happen this year. Maybe in 4-5 years or if there will be another crisis similar to the one in 2007-2008 that will drive people to buy BTC.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: arczi19 on January 16, 2014, 09:54:25 PM
Any increase is more than welcome!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: demonserbia on January 16, 2014, 09:57:26 PM
10k FTW, I hope it wont be at least a few moths so I can earn some mtc BTC "easy". :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: apple_talk on January 16, 2014, 11:01:19 PM
Mid of 2015 possible.

I did analysis & found if businesses started supporting it & it no major objection of Govts then yes $10k will be reached in 2015.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: eqjunk829 on January 17, 2014, 12:58:51 AM
it will go that high when everyone starts dumping the us dollar and the economy crashes.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: satooshi_denton on January 17, 2014, 01:06:04 AM
mass inflation of the dollar will make this inevitable


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: CryptoReaper on January 17, 2014, 01:36:02 AM
I think it's possible within a year or two, though i'm more curious to see when it becomes stable.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: joyztik on January 17, 2014, 01:45:32 AM
It probably will if we stop seeing new of hacked exchanges and online wallets or pools. I think ppl are scared of this, since theres usually no one to complain at.
Insurance companies could come into play here.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cryptoastrotrader on January 17, 2014, 01:54:32 AM
I seriously doubt Bitcoin will achieve a stable price vs fiat currency. If and when BTC breaks through $100K, prep yourself to see rises and dips in the tens of thousands of dollars on a daily basis.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Merlinn on January 17, 2014, 04:47:38 AM
I believe that once the number of Bitcoins left to be mined diminishes and there is more widespread merchant acceptance, there is a strong possibility that a single Bitcoin could be worth $10,000, similar to a blue chip stock like, Berkshire Hathaway.

However, I believe that such an increase in BTC value would take at least 3 years to occur.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cryptoastrotrader on January 17, 2014, 09:21:50 AM
I believe that once the number of Bitcoins left to be mined diminishes and there is more widespread merchant acceptance, there is a strong possibility that a single Bitcoin could be worth $10,000, similar to a blue chip stock like, Berkshire Hathaway.

However, I believe that such an increase in BTC value would take at least 3 years to occur.
Perhaps. But with an out-of-control Fed bound to answer for its excesses sooner rather than later, I'll give it till the end of the year for this to happen.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: wasamata on January 17, 2014, 09:31:10 AM
Yes even 100k
you can get your GH.S here:

https://cex.io/r/1/siamway/0/ (https://cex.io/r/1/siamway/0/)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: torry28 on January 17, 2014, 10:06:24 AM
Im now more sceptical for $10,000 in next 3 years, but I could be wrong


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: prince_k on January 17, 2014, 04:39:43 PM
One my friend told me that it will be 6k in February then drops to 3k
Seems unreal but many of his predictions was true


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Zorlock on January 17, 2014, 05:18:19 PM
Bitcoin will forever be famous because it was the first of its kind but like every other first of its kind, it is sooner or later replaced by a model that picks up and fixes flaws in the originator.
You have seen it in everything around us, computers, cars, phones, washers/dryers, dishwashers, beta max/VHS, Laserdisk/DVD/Blu ray, TVs, health care, and the list can go on for days.
We are now using 20th+ generation models of common everyday use items and not even bat an eye when a new model comes out.

Bitcoin is a good foundation but it will be replaced and probably in short order.
Retail marketers wont care because its just a few short key strokes and they can accepts any new coin out there.
So there is nothing that latches to keep Bitcoin as the go to coin except the current commodity coin market.

Cheers


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bitcopia on January 17, 2014, 05:36:47 PM
One my friend told me that it will be 6k in February then drops to 3k
Seems unreal but many of his predictions was true

6k before the end of the year is a common sentiment. 6k in February is a bit too soon I believe.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Zzzack on January 17, 2014, 06:44:44 PM
I originally thought so... But the rise of cryptos has made me think differently.

I think having a sea of alternatives to BTC (sometimes they're better like LTC, QRK, PPC) devalues the currency.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bytedice on January 17, 2014, 08:01:03 PM
Anythings possible though there are better alts out there now (faster) Bitcoin just has the upper hand, I see it more as gold with other cryptos trading against it as they do now.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: inthemud on January 17, 2014, 08:06:01 PM
Nobody knows what the future will bring. Speculation is nothing more than soothsaying. But, with that being said, I believe that bitcoin will go past $10,000 a coin. I speculate that it will reach about $43,000 a coin within the next 5 years. That is assuming that it hits 1% of world transaction market share. That is my prediction. I think it will reach $10,000 by December of this year or December of next year. So, yes, bitcoin will hit $10,000 between 2014 and 2015.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BXecQsgdpKUIwBcQPo88 on January 17, 2014, 08:30:47 PM
Bitcoin should hit $10,000 in the next rally. It was cut short by the Chinese central bank announcement. You can tell the last rally at ~1,200 didn't get to reach it's peak because the crash wasn't sharp enough, it was stepped. This means people didn't feel like it was outrageously overbought. Proportional to the previous rallies,  it should have hit $3,000 before crashing back down. The next one should easily cross $10,000.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: inthemud on January 17, 2014, 09:03:29 PM
Bitcoin should hit $10,000 in the next rally. It was cut short by the Chinese central bank announcement. You can tell the last rally at ~1,200 didn't get to reach it's peak because the crash wasn't sharp enough, it was stepped. This means people didn't feel like it was outrageously overbought. Proportional to the previous rallies,  it should have hit $3,000 before crashing back down. The next one should easily cross $10,000.

What this guy said.

And I love the username. I think I might start doing that with all of my usernames. Making them a bitcoin address. Fantastic idea.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Sigmarsson on January 17, 2014, 09:50:50 PM
I am getting a bit sceptical, market seems to ignore good news and overreact to bad news.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: tester88 on January 17, 2014, 09:55:24 PM
2014 will be the year of pump!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jongameson on January 17, 2014, 09:59:51 PM
2015 will be $16,000+


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: zeraTunerse on January 17, 2014, 10:22:02 PM
2014 will be the year of pump!

You scared me for a second, I saw dump first time.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: XPM on January 17, 2014, 10:53:40 PM
My friend said $10,000,000/BTC in six months the other day and told me I was wasting his time telling him to be careful right now.  I got him in at $200 and told him to sell at 1150.  He says he's almost got 3 coins and they're going to make him RICH beyond ALL belief.  He says a 51% attack would be good.  He has denied any possibility of alternate cryptos and the money they can make.  He works 2 jobs for tips and lives with his parents at 29 years old.  Laughable.  

And what has happened, the price has dropped $200 since that conversation. 

My personal opinion is that it will take 2-3 years or more to hit $10,000 with many bumps on the way.  If Amazon or Walmart accept BTC it will be quicker.  


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: drtng on January 17, 2014, 11:48:32 PM
My friend said $10,000,000/BTC in six months the other day and told me I was wasting his time telling him to be careful right now.  I got him in at $200 and told him to sell at 1150.  He says he's almost got 3 coins and they're going to make him RICH beyond ALL belief.  He says a 51% attack would be good.  He has denied any possibility of alternate cryptos and the money they can make.  He works 2 jobs for tips and lives with his parents at 29 years old.  Laughable.  

And what has happened, the price has dropped $200 since that conversation. 

My personal opinion is that it will take 2-3 years or more to hit $10,000 with many bumps on the way.  If Amazon or Walmart accept BTC it will be quicker.  
Is it at all possible that Amazon is going to accept cryptocurrencies in the near future? For a company that big, it seems to be gambling due to the large turnover and unstable currencies.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: kossi on January 17, 2014, 11:54:12 PM
I doubt it will never reach that price.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: crazymike79 on January 17, 2014, 11:54:58 PM
Think it'll be at least 5K by the end of the year.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: XPM on January 18, 2014, 12:03:37 AM
My friend said $10,000,000/BTC in six months the other day and told me I was wasting his time telling him to be careful right now.  I got him in at $200 and told him to sell at 1150.  He says he's almost got 3 coins and they're going to make him RICH beyond ALL belief.  He says a 51% attack would be good.  He has denied any possibility of alternate cryptos and the money they can make.  He works 2 jobs for tips and lives with his parents at 29 years old.  Laughable.  

And what has happened, the price has dropped $200 since that conversation. 

My personal opinion is that it will take 2-3 years or more to hit $10,000 with many bumps on the way.  If Amazon or Walmart accept BTC it will be quicker.  
Is it at all possible that Amazon is going to accept cryptocurrencies in the near future? For a company that big, it seems to be gambling due to the large turnover and unstable currencies.

To me it would make good business sense for them to start stacking BTC, knowing if they do accept it prices will skyrocket and they can hedge the dips with the amount they could acquire. 

But there are a lot of whales in BTC.  If I was them, I'd pick LTC or another alt.  . 


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: 7950sforsale on January 18, 2014, 02:20:47 AM
the real question is whether or not mooncoin will get to 10,000$!!?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: BITA on January 18, 2014, 02:44:29 AM
I think in Q2-Q3 2014 Bitcoin will be priced about $10,000 8)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: thecoinjournal on January 18, 2014, 02:49:16 AM
There's a "1BTC >= $10,000 USD before Dec, 2014 " bet On BitBet (http://d.pr/tzlI)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Euphonious on January 18, 2014, 02:53:23 AM
As inflation causes fiat currency to diminish in value and the block reward diminishes, quite possibly.

But not soon!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Ass0nFire on January 18, 2014, 03:28:03 AM
I will go with the year 2270...  ;D - Mark my words...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: mobile on January 18, 2014, 04:25:45 AM
Bitcoin should hit $10,000 in the next rally. It was cut short by the Chinese central bank announcement. You can tell the last rally at ~1,200 didn't get to reach it's peak because the crash wasn't sharp enough, it was stepped. This means people didn't feel like it was outrageously overbought. Proportional to the previous rallies,  it should have hit $3,000 before crashing back down. The next one should easily cross $10,000.

What this guy said.

And I love the username. I think I might start doing that with all of my usernames. Making them a bitcoin address. Fantastic idea.
I the username too, but thats not a bitcoin address, and assuming sarcasm. Although BTC address username is a fantastic idea. BTC donations alone you could pay your cable internet bill.   ;D


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: cheeseburger123 on January 18, 2014, 05:23:21 AM
it sounds impossible,but who knows. we are a magic world,everything could happen. i think all of us hope it rising,the reasonable price around 1500-2000.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Gogreen on January 18, 2014, 06:08:10 AM
it sounds impossible,but who knows. we are a magic world,everything could happen. i think all of us hope it rising,the reasonable price around 1500-2000.

i agree with you. if the btc reach 10000k, just imagine how high the difficulty will be? my guess would be 1000 to 1500.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: percykwong on January 18, 2014, 06:32:16 AM
The way things are going, I'm thinking 2014 it will hit $3000.00, then drop to ~2K-ish and hover there til 2015.  I may be wrong, but it seems to be the pattern.  If the fed finds a way to regulate it within our shores, I think it'll gain some serious value, then lose 30-40% and start a slow climb.  Meh, what do I know?  I'm just a hobbyist / noob.



Title: Re: Will bitcoin reach $10,000 one day...?
Post by: semaforo on January 18, 2014, 08:05:33 AM
    25 - 5            18 months   then
    260 - 100       8 months     then
    1200 - 700     3 months     then
    4800 - 3000    1 month      then
    16000 - 12000 1 week       then
    48000 - 39000 2 days        then
   130000 - 111000 6 hours     then
   550000 - 530000 1.5 hours then
   1.1 mil  -  1 mil    45 minutes  then
   4 mil - 3.7 mil      15 minutes then
   12 mil - 10 mil       4 minutes then
   40 mil - 38 mil       1 minute then
   110 mil - 100 mil    15 seconds then
   330 mil - 300 mil     4 seconds then
   

      At this point it goes vertical and the whole world economy implodes. All of the border guards in the whole world just quit, and Mexicans and Africans flood en masse into the US and Europe. Probably world war 3 begins as the old elite try to use what influence they have left to arrest bitcoin early adopters and torture them to get their private keys, while other early adopters form their own armies and go to battle with the old elite. The forces of evil are crushed and nations become irrelevant and a golden age of universal brother/sisterhood of humans begins where everyone realizes that the libertarian economists were right the whole time. The unimagined prosperity and peace allows the creativity and productivity of humans to be harnessed to address all environmental issues and new communications technology allows us to spend our time communicating with aliens, building crystal wind temples, swimming with dolphins, and converting our consciousness into pure energy and drifting off into the universe to find other sentient races and subtly guide them through crises like the one we are going through now, without them being aware of us being there...
       
   Anyway, bitcoin will hit infinite sometime this summer. (in the northern hemisphere) insha'Allah

     


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Todorius on January 18, 2014, 10:06:51 AM
Isn't there this logscale chart somewhere?

I think right now we're above the trendline, we should be at about 350 dollars, but we're at 800.
According to the trendline we get a stable 1000 around September 2014. But there could be a new bubble starting mid 2014,
leading us 5000+ per btc. I think in 2015 we'll be around 10.000, and late 2016 at 100.000 per btc.
The end price is about 1 million per btc in 2018.
All this of course under the premise that adoption of bitcoin continues and that major companies will continue accepting bitcoin,
like overstock did early this year. And I think the likelihood for this scenario is very high.
So hold on to your bitcoins  :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jubalix on January 18, 2014, 10:07:43 AM
I think it's very likely. If there is no catastrophic failure of some kind. As more businesses accept it then the demand will increase. My guess is

$1500 by jan 1rst
$2000 by feb 1rst
$10,000 by end of 2014.

Some are saying summer for 10k. But I like to be a little reserved. Those $5k to $3k slides will be interesting.

I think that $30,000k within 3 years from now is possible. But I think that after 6-12 months Bitcoin will have competetion for sure to eat
at it's market share. I think it may stay at $10k and slow down. Bitcoin transaction times are a bit slow. And security and other factors are average.

only in bitcoin  world is 300% increase in a year is reserved...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: progo on January 18, 2014, 10:11:14 AM
Well. Raising optimism is the way to gain. I think we're good if the rate stays in the 800-1k range, and doesn't plummet badly. :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jubalix on January 18, 2014, 10:12:12 AM
Isn't there this logscale chart somewhere?

I think right now we're above the trendline, we should be at about 350 dollars, but we're at 800.
According to the trendline we get a stable 1000 around September 2014. But there could be a new bubble starting mid 2014,
leading us 5000+ per btc. I think in 2015 we'll be around 10.000, and late 2016 at 100.000 per btc.
The end price is about 1 million per btc in 2018.
All this of course under the premise that adoption of bitcoin continues and that major companies will continue accepting bitcoin,
like overstock did early this year. And I think the likelihood for this scenario is very high.
So hold on to your bitcoins  :)

I have such a log chart and this is pretty much spot on, the power or the log chart is the that it keeps going, so 10K to 100K and possibly 100K to 1 million.

it seems the order of magnitude happens around 13 months.

Right now depending which line of the log chart you look at, we should be at between $150 and $550 right now, however I think that one miscalculation is that BTC is happening faster, because the more valuable it becomes, you just have more value on the table, so it gets stonger


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bumpk1nK on January 18, 2014, 10:20:38 AM
Well. Raising optimism is the way to gain. I think we're good if the rate stays in the 800-1k range, and doesn't plummet badly. :)

I agree, it is important for Bitcoin to keep value (under 100 would be bad now) so it is option as store of value.
And $10,000 possible within few years if Bitcoin can be used as the store of value


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Sutters Mill on January 18, 2014, 11:23:29 AM
I agree that we are now in a phase of cryptos becoming mainstream, and non-techy investors moving into it with the promise of high returns. I think, like others have said, this year will see sharp price increases as the crypto economy sees a sharp rise in investors.

To put it another way, my computer-shy mum now knows about bitcoin, as well as my fiancé. It's reaching the masses, and the masses will reach bitcoin this year.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ierapetraian on January 18, 2014, 11:24:37 AM
I am hopeful that Bitcoin will reach 10k one day but it is still very early days for BTC even though it is five years old now.
Much depends on the growth in merchant use.The more that people buy and transact with BTC will encourage the larger
merchants to get on board.This may take another couple of years and eventually BTC might rech a tipping point and it's
volatility will be reduced and replaced by steady growth.When this happens then it could go way beyond 10k value.
Perhaps one day 100k :)  


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: trek27 on January 18, 2014, 11:55:05 AM
Hopefully yes. But we may have quite a long way to reach 10k.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: kazi098 on January 18, 2014, 12:14:20 PM
I am hopeful that we will have a rise in March 2014 and end 2014 at around $4000


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: AZIZ1977 on January 18, 2014, 03:16:40 PM
Who thought Bitcoin would hit $1000 1 year ago not many.

I think everything is possible even $10000.



Title: Re: Will bitcoin reach $10,000 one day...?
Post by: tomatocoin on January 18, 2014, 03:32:50 PM
I think it will never reach.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Kiki112 on January 18, 2014, 03:40:14 PM
I agree that we are now in a phase of cryptos becoming mainstream, and non-techy investors moving into it with the promise of high returns. I think, like others have said, this year will see sharp price increases as the crypto economy sees a sharp rise in investors.

To put it another way, my computer-shy mum now knows about bitcoin, as well as my fiancé. It's reaching the masses, and the masses will reach bitcoin this year.

I agree with this

10 000$ won't happen overnight,probably not even this year

but in a year or two, who knows..


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: ferall on January 18, 2014, 03:59:40 PM
I think it will never reach.

Care to elaborate?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Kiki112 on January 18, 2014, 04:25:34 PM
I think it will never reach.

Care to elaborate?

that's what they said about reaching a 1000$ when bitcoin cost 1$ ;)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Bitcopia on January 21, 2014, 12:23:48 AM
I think it will never reach.

Care to elaborate?

that's what they said about reaching a 1000$ when bitcoin cost 1$ ;)

Actually, that's what 26% of forum members said about reaching $31 when bitcoin cost $5. $31 seemed unrealistic. A year later we hit $1000.

https://bitcointalk.org/index.php?topic=129169.0

And the short answer to this thread:
Yes.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Mr G on May 04, 2014, 11:11:20 PM
Speculation is a 1 000 000+ valuation per BTC by the year 2140, if Bitcoin reaches its full potential. with network effect and liquidity.

The more people to use it the more its going to be worth spread the word about bitcoin tell a neighbour.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Coin_Master on May 04, 2014, 11:33:45 PM
Will bitcoin reach $10,000 one day...?
what do you think??
Yes it will reach $10,000 USD
That should be obvious by now!


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: fancyboy on May 05, 2014, 06:10:31 AM
 To tell the truth , that's the reason I came into this crypto world as I am sure that Bitcoin will reach $10K in 5 years. And even go higher. Just hodling my coins for that time


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: lay785 on May 05, 2014, 08:58:33 AM
no one knows


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: CoinMin3r on May 06, 2014, 09:44:53 AM
Well nothing is impossible.So it can go up to that mark one day.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: mescalito on September 02, 2018, 06:05:26 PM
More or less a continuation of this thread https://bitcointalk.org/index.php?topic=2491121.0 and the same one for 100k target https://bitcointalk.org/index.php?topic=1291155.0


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Duskow on September 02, 2018, 07:58:19 PM
I think we reach 10k in this year


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: jiniyaakter on September 03, 2018, 05:39:37 AM
I think next year Bitcoin reach 12000$ . Now we hope that Bitcoin price rise again. It's better for everyone


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Appiah95 on September 03, 2018, 02:55:30 PM
what do you think??
2014
2015
2016
.
2020
.
2025
.
2030
.
never?

https://bitcorati.com/wp-content/uploads/2013/10/10000-bill-bitcoin.jpg
So this post was made in 2013. They were speculating bitcoin would reach 10k and  it even went pass that to 20k in December 2017. Those who held theirs as at time would make huge amount of profit


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Jundax on September 03, 2018, 03:00:30 PM
Now it's worthwhile to ask "will bitcoin reach 10.000 again?". In my opinion, it definitely should in late fall.
Any other thoughts?


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Jerryzack2 on September 03, 2018, 03:01:48 PM
patiently waiting for it to reach 100k. i believe it reach...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Risoruni on September 03, 2018, 03:58:50 PM
patiently waiting for it to reach 100k. i believe it reach...

100k is too optimistic or insane but 10,000 is quite real figure that should be achieved during this year I hope.
Can't wait for alts recovery.


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: bananaunana on September 03, 2018, 09:37:55 PM
Let me guess:

2014  done
2015  done
2016  done
.
2020  50000
.
2025  150000
.
2030  500000

But only time will tell...


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Velkro on September 03, 2018, 10:16:45 PM
patiently waiting for it to reach 100k. i believe it reach...
Looking at this old post speculating that it will reach someday $10 000 and now it reached already $20000 i really see BTC price reaching $100 000 at least. Maybe even $150 000 in next bubble couple years from now. We will see :)


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Pitagora87 on September 04, 2018, 12:15:30 AM
what do you think??
2014
2015
2016
.
2020
.
2025
.
2030
.
never?

https://bitcorati.com/wp-content/uploads/2013/10/10000-bill-bitcoin.jpg
I think until 2020 that he will hit and more then 10k$ , this is and will be a bad year for btc , but who knows question like this are hard xd


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: Sapphire88 on September 04, 2018, 07:53:24 AM
Now it's worthwhile to ask "will bitcoin reach 10.000 again?". In my opinion, it definitely should in late fall.
Any other thoughts?

Definitely it will be again, cause it was in past one time. And now it's worthwhile to ask about 20.000+


Title: Re: Will bitcoin reach $10,000 one day...?
Post by: brooklynian on September 06, 2018, 08:11:22 AM
I was impressed to see that this topic was created since the year 2013. That is five years ago. To see that bitcoin has doubled the $10000 in the topic is awesome. It is easy to learn from this that people views concerning anything can vary from one person to another but if you are sure of what you believe in, you will remain committed to it.