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arbitrage
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February 10, 2016, 10:03:42 AM |
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by 2021, i'd be surprised if the price passed the $50,000 mark...
2021 is just 5 years away from now. I don't think we'll even see the price touch $5000 within 5 years, let alone $50,000 as that is simply not a realistic price to happen in a matter of some years. There was people thinking Btc would never reach $1,$5, $10 then $50, $100, $200 $500, $1000. My point obviously surprises can and will happen. Personally i dont think it will reach 100k because my financial luck has never been great so i cant see a simple investment of a few k turning me in to a millionaire.If it does reach it like a few others have said times would be very bad for the economy and the $ would be pretty much worthless. im happy where it is now to be honest. For the kind of surprise you need great money investment! Couple times more money than we have today invested..Maybe for a few years, but i doubt we will ever see glorious 10k$ or more?! |
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1Referee
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February 10, 2016, 10:09:59 AM |
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The majority of the new incomming money is being invested in Bitcoin related startups and not in the currency that Bitcoin is. If all this money is being put together and with the effort of some well respected investors we can have it listed somewhere on an exchange as the NASDAQ for example. That would make it possible to come even close to such a price. Otherwise it's simply impossible.
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2legit2
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February 26, 2016, 01:59:02 PM |
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I don't think that it will be soon, 2024 not earlier, people won't start to use bitcoin so fast, it needs time, and more people will use bitcoins, larger price of bitcoin
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LoyceV
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Thick-Skinned Gang Leader and Golden Feather 2021
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February 26, 2016, 02:01:04 PM |
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I feel like bitcoin can hit $10,000 by 2016 and $100,000 by 2017.
I agree: it can. But it's far from likely. If it does go up this much this fast, it will collapse again. So question is: at what value will you sell if it goes up fast day after day? $800? $1500? $10000? Do you cash in, risking to lose a chance to sell at a much higher price, or do you wait, risking to miss your chance when the price drops again? |
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Vivlore
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March 01, 2016, 07:33:09 PM |
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I feel like bitcoin can hit $10,000 by 2016 and $100,000 by 2017.
I agree: it can. But it's far from likely. If it does go up this much this fast, it will collapse again. So question is: at what value will you sell if it goes up fast day after day? $800? $1500? $10000? Do you cash in, risking to lose a chance to sell at a much higher price, or do you wait, risking to miss your chance when the price drops again? Total agreed. I think if the price rises too high, it will crash sooner or later. if th eprice is $1000, and $2000 in 2017, there will not be big crash. |
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thejaytiesto
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March 01, 2016, 07:39:58 PM |
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Bitcoin will not rise in a nice and smooth way... there will be massive buy-up phases like we saw before. It only takes a couple of billions coming from whales that are looking for alternative ways to store their wealth to drive the price to 5 figures, and 6 figures is definitely possible when the trend is set (more and more whales follow up the whales that did it first, and therefore the new gold is born). Everyday people like us that smart-up and seek for alternative way to store money will also get in massive way, specially in the post-cash physical cash society we are headed towards.
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randy8777
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March 01, 2016, 08:21:20 PM |
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Bitcoin will not rise in a nice and smooth way... there will be massive buy-up phases like we saw before. It only takes a couple of billions coming from whales that are looking for alternative ways to store their wealth to drive the price to 5 figures, and 6 figures is definitely possible when the trend is set (more and more whales follow up the whales that did it first, and therefore the new gold is born). Everyday people like us that smart-up and seek for alternative way to store money will also get in massive way, specially in the post-cash physical cash society we are headed towards.
if you look at the charts from 2011 till now, you will see that there have been plenty of peaks and sharp dumps. but if you only look at the starting price from 2011 till todays price, then you can see how the bitcoin price has grown throughout the years. this is what matters for long term holders. peaks and dumps are good for frequent traders. |
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kartaggen
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March 01, 2016, 08:23:12 PM |
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I don't think that it will be soon, 2024 not earlier, people won't start to use bitcoin so fast, it needs time, and more people will use bitcoins, larger price of bitcoin
Yeah, still a long way to go, it won't reach there overnight, it still needs time to be more popular and more powerful and it will done if we find adoption from the people across the globe. |
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mrhelpful
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March 01, 2016, 11:52:16 PM |
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In my life time, maybe never.
Maybe my future grand grand great grand kids maybe. And thats if the bitcoin is even passed down correctly.
The $100k remark makes me sad, cause I only got good 30 more years left and who knows what kind of disease I`ll be getting when I`m old.
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nickenburg
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March 02, 2016, 12:01:17 AM |
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I voted for never. I think the price will surely go over $10,000 at some point in the future, but nothing close to the $100,000 mark. Of course I hope I am wrong, but it's just my realistic view on the moment.
You are wrong my friend   Ore if only 5% of the 7 trillion market cap from gold moves into Bitcoin as a store of value, Bitcoin's market cap wil increase to a nice 70x. That makes 1 coin $31k. Bitcoin can be used in so many markets, do not underestimate Bitcoin potential, it is enormous. Really nice picture, I saved it and i am going to show it to my friends:D But to think only 10+ of all money have to be in bitcoin and it is already 570k damn. And I think we should really see a good price increase we seen the low above 200$ Now it is time to see a high again, that would make people think bitcoin is safe again. After the mtgox debacle some people are led to believe bitcoin is unsafe. |
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GermanFoobla
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March 02, 2016, 12:27:26 AM |
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I voted for never. I think the price will surely go over $10,000 at some point in the future, but nothing close to the $100,000 mark. Of course I hope I am wrong, but it's just my realistic view on the moment.
You are wrong my friend Ore if only 5% of the 7 trillion market cap from gold moves into Bitcoin as a store of value, Bitcoin's market cap wil increase to a nice 70x. That makes 1 coin $31k. Bitcoin can be used in so many markets, do not underestimate Bitcoin potential, it is enormous. Really nice picture, I saved it and i am going to show it to my friends:D But to think only 10+ of all money have to be in bitcoin and it is already 570k damn. And I think we should really see a good price increase we seen the low above 200$ Now it is time to see a high again, that would make people think bitcoin is safe again. After the mtgox debacle some people are led to believe bitcoin is unsafe. The graphic speaks the truth. But let's face it, it will take a long time before we will get there. Adoption, cooperation within a community.. really a lot has to happen. |
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7Priest7
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March 02, 2016, 06:21:26 AM |
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thats a huge number, 100 000$, and that will take time, lots of time, so 2030 not earlier, unless magic for bitcoin will happen and it's price will rise faster than now
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techgeek
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March 02, 2016, 06:25:08 AM |
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Price is always unpredictable.
You seen how easily price can be manipulated esp with exchanges, so its possible in that sense.
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BruceLee007
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March 24, 2016, 07:28:28 PM |
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What year will Bitcoin reach $100,000? Most people have less than 10 Bitcoins and this could be life changing, compared to it reaching $10,000. I feel like bitcoin can hit $10,000 by 2016 and $100,000 by 2017. What I do know is that it'll be an interesting ride!  I think that we will go to 100 000$ and end of 2035 year only, don't even think that it go to 10000$ at emd of 2016 or 2017 because it won't happen, even halvinf won't change price so much |
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Oriannaa
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March 24, 2016, 07:33:30 PM |
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I think the op should re-edit the poll years lol.
2020 isnt that far away.. its only in 4 years.
And we seen so far what 4 years in price wise for bitcoin has done.. lol.
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Vivlore
Member
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March 25, 2016, 09:12:23 AM |
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I think the op should re-edit the poll years lol.
2020 isnt that far away.. its only in 4 years.
And we seen so far what 4 years in price wise for bitcoin has done.. lol.
yes. I think the bitcoin price will not be $100,000 in 4 years. It might go to $10,000 or a little less in four years. |
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