It is possible, given the long period of time to gain space.
That is right. 10,000 is just 16 times of present value. In the past 7 years, the price more than doubled every year on average.
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You can do that if you want to but you will to think twice before you make a move like that because it is not sure that Bitcoin is going to pay off. If you are doing good with your stocks then I suggest that you should do them both.
In the long term, if you buy 1 bitcoin now, it will be $1000000 in a few decades. In short term, the price is not known.
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In the long term, the bitcoin price will rise due to mass adoption. In 14 years, the bitcoin price could be $200,000.
I think you are pretty conservative here. Despite the adaption rate will decline when the majority of the masses have adopted bitcoin as their currency, the inflation is also getting lower. Therefore I think 10 000 % increase after each blockhalving is actually quite realistic. That means, the current blockhalving should result price of around 60 000 usd/btc sometime in the coming years. The block halving of 2020 will make the price to millions of dollars per bitcoin so 2030 holding even 0.1 btc should be able to make you a millionaire not to mention of holding 10 btc. The advantage of owning more bitcoins is sooner millionaire status. I don't see how the inflation rate decrease once more people use to give demand on coin, isn't it should be the other way around? Inflation should increase fast because it will be use for more users. The inflation of the bitcoin is limited and known. The newly mined coin will be fewer and fewer in the future.
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My price now as of this moment needs to be hit a minimum of $800.
The closer towards $1k would be even better but realistically if the price does reach to the # I need I`m willing still sell off as long its a close difference.
But my position is just a safety net really to save on price.
Why would you sell for fiat though? If it reaches a certain price then you won't use bitcoin anymore? That makes no sense at all. I get if you would spend some bitcoins but selling doesn't make sense in the long run. It depends on the strategy you adopt. If you trade, you can buy low and sell high. That will make you some profit.
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The bitcoin price is not so volatile recently. I think that is a good time to adopt the coin and invest in it.
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How about the Chinese pools? They have about 32% of the total hashing power. It would be better if they switch as well.
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I do think that it is possible for the price to be $10,000 in 2026 it may be even higher then that we just have to wait and see what will happen. With Bitcoin you will never know what is going to happen in the future.
2026 is 10 years away from now. The price could be around $50,000 at the time if there is good mass adoption.
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Thats not a realistic speculation for that bitcoin would reach that amount , maybe $5k would be possible in 2030. No one knows what would be the price of bitcoin in upcoming years. If ill own 1000BTC then i guess i would be a millionaire to that year.
even if at this moment you have 1000 BTC you may already be classed as a millionaire. but has 10 BTC in 2030 will not make you a millionaire, maybe you'll be a rich man, but not classified as a millionaire. if the price of bitcoin amount to $ 10,000 in the year, you only have $ 100,000 if it has 10 BTC, I think it is money that is fitting to build a family 2030 is 14 years away from now. I think the price could be between 12,000 to 100,000 dollars. So 10 bitcoin could make you a millionaire.
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I will sell my bitcoin if price atleast reach $1200 I am already hold it long time, Hope it will happen next month
If the bitcoin price reaches $1500 next month, there is a price bubble. I will sell. If it reaches $800, I will not sell.
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If the price reaches $1500, I will sell, as it is a price bubble. If the price reaches $800, I will not sell.
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The lowest 5 digits is just $10,000. That is 16 times of the current price. It could be reached in 3 to 6 years.
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I think the AMD RX 470 could be a good card for the Etheruem mining as long as the memory width is 256 bit.
not better than the 480 already, scaling between the two should be very akin, so i see now point in buying one unless you want a low budget build The 470 has few cores so that it can save some power consumption as there is no need for the 2300 cores.
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The price of bitcoin could be $10,000 in 5 to 10 years. But it depends on the mass adoption of bitcoin.
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2030 is 14 years from now. If the bitcoin price double every 2 years, the price will be 100 times highers, So each coin is about $60,000. You need more than 16.
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From the performance we see from the AMD RX 480 in the Ethereum mining, the RX470 could be a good card.
etheruem is not the top notch anymore, it does not matter how they are good on etheruem if they are shit on other algo That is right. Maybe it is time to buy the nVidia cards. It seems the 1070 is better than 480 in most algorithms.
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The Ethereum mining hash rate is still increasing. That makes me think the miners are very confident.
No, i don't think its because of confidence, everyone wants a money making machine and the most profitable is still eth, just! However, it has been neck and neck between eth and eth clones and feathercoin since the Dao thing. (feathercoin has only a small market cap and is not carried by all exchanges). REF: https://www.whattomine.com Sia is now on the scene so it looks like eth has growing competition. Miners that have wealth may mine a coin through loyalty (or blind faith), but miners that are not have power bills to pay and will mine what is most profitable. Oh! if it survives, i will buy it at $2 If it survives, you will not be able to buy at $2. the price is over $10 now, and it is rising at the moment.
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I thaught it was funny... It happend just hours after i sold all of my eth that i had mined over the previous 3 months. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I got a real good price, i got out at $19, havent mined it since. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I may buy back in at $2... After all,.... things blow over.... You lot still enjoy eating British Beef 15 years after we inadvertently managed to export Creutzfeldt-Jakob disease around the world? ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) I wish you can buy back at $2. But if the Etheruem price drops to 2 dollars, it means it is a dead coin, there is no point to buy.
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it's big amount im not sure we can reach $10.000 in 2026 but im sure the price will be stable at $5000 ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) but im sure it's very hard to earn 1btc peryear like now. $10,000 is just 16 times higher than the current $650 price. I think the bitcoin price will reach that level easily in 4 to 6 years.
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The marketing is behaving like there is another pump coming up. Flirting with 680 means 2 thing. The price will go up or we may find it go back to 600.
The price may down a bit but it will recover days later and climb it's way again to 4-digits value. There will be an ups and downs because that's how volatility works but expect the ending value we have at the end of the year is at 4-digit. There is small up and down toady. There is nothing to worry. As long the price rises in long term, I am happy.
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I think the OP is not very confident. With the general mass adoption of the bitcoin, the price will be over $100,000 each.
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