$10K by the end of 2016

[cambda]

Global events, block halving, the killer BTC app. The holy triangle of what is needed for what you are asking. Any one of the three could spark the rise.

[1715187923]

1715187923

[1715187923]

1715187923

[1715187923]

1715187923

[1715187923]

1715187923

[1715187923]

1715187923

[cellard]

Yes. But in the same way that I think it could be raining in exactly 1 year. That is to say, no one on Earth knows.

Well, planet earth is huge so there will be at least one place where it's raining exactly 1 year away from your message. 10K confirmed?
On a serious note, I think 10K is actually possible, the trend is obviously up, things are looking great for the future, and the halving hype may be insanely huge coupled with the rest of Bitcoin advancements. Im looking forward to it.

[RodeoX]

Yes. But in the same way that I think it could be raining in exactly 1 year. That is to say, no one on Earth knows.

Well, planet earth is huge so there will be at least one place where it's raining exactly 1 year away from your message. 10K confirmed?
On a serious note, I think 10K is actually possible, the trend is obviously up, things are looking great for the future, and the halving hype may be insanely huge coupled with the rest of Bitcoin advancements. Im looking forward to it.

Hehehe. Good one. Ok, rain is confirmed.
 And I do think it is "possible", but 10k is a high bar. Even if it ended the year at $400 it would be a stellar performance in value appreciation. I'd be cool with that.

[Amph]

no it is not possible.  unless the world has another major financial crisis.  but it is fun to dream now and again.

then you are saying that bitcoin will never be mainstream, unless you really think that bitcoin can be fully adopted an be mainstream with 4B market cap....

this financial crysis isn't helping so much bitcoin, people are only starting to learning why bank sucks and moving into something else, and bitcoin has captured their interest

[rivoke]

By looking into bitcoin chart price history, their value increase exponentially

Year 2009 price BTC 10^-2 USD = 0.01 USD
Year 2010 price BTC 10^-1 USD = 0.1 USD
Year 2011 price BTC 10^0 USD = 1 USD
Year 2012 price BTC 10^1 USD = 10 USD
Year 2013 price BTC 10^2 USD = 100 USD (At 2013 until early 2014 it's value up to 1000 USD)
Year 2014 price BTC 10^3 USD = 1000 USD
Year 2015 price BTC 10^4 USD = 10000 USD (Speculation)
Year 2016 price BTC 10^5 USD = 100000 USD (Speculation)

Everything till possible although the chance is very low

[uki]

By looking into bitcoin chart price history, their value increase exponentially

Year 2009 price BTC 10^-2 USD = 0.01 USD
Year 2010 price BTC 10^-1 USD = 0.1 USD
Year 2011 price BTC 10^0 USD = 1 USD
Year 2012 price BTC 10^1 USD = 10 USD
Year 2013 price BTC 10^2 USD = 100 USD (At 2013 until early 2014 it's value up to 1000 USD)
Year 2014 price BTC 10^3 USD = 1000 USD
Year 2015 price BTC 10^4 USD = 10000 USD (Speculation)
Year 2016 price BTC 10^5 USD = 100000 USD (Speculation)

Everything till possible although the chance is very low

expontial trends in all natural phenomena are rather very short-term and very hard to sustain over longer time periods, thus, I believe it will be very unlikely to see 10k USD this, or even next year.

[chaser15]

By looking into bitcoin chart price history, their value increase exponentially

Year 2009 price BTC 10^-2 USD = 0.01 USD
Year 2010 price BTC 10^-1 USD = 0.1 USD
Year 2011 price BTC 10^0 USD = 1 USD
Year 2012 price BTC 10^1 USD = 10 USD
Year 2013 price BTC 10^2 USD = 100 USD (At 2013 until early 2014 it's value up to 1000 USD)
Year 2014 price BTC 10^3 USD = 1000 USD
Year 2015 price BTC 10^4 USD = 10000 USD (Speculation)
Year 2016 price BTC 10^5 USD = 100000 USD (Speculation)

Everything till possible although the chance is very low

Extrapolating further:
Year 2017 price BTC 10^6 USD = 1000000 USD (Speculation)
...
Year 2027 price BTC 10^16 USD = 10000000000000000 USD (Speculation)

Haha lol.

I will be rich that year if that happens. "IF" . Im hoping.

[brg444]

By looking into bitcoin chart price history, their value increase exponentially

Year 2009 price BTC 10^-2 USD = 0.01 USD
Year 2010 price BTC 10^-1 USD = 0.1 USD
Year 2011 price BTC 10^0 USD = 1 USD
Year 2012 price BTC 10^1 USD = 10 USD
Year 2013 price BTC 10^2 USD = 100 USD (At 2013 until early 2014 it's value up to 1000 USD)
Year 2014 price BTC 10^3 USD = 1000 USD
Year 2015 price BTC 10^4 USD = 10000 USD (Speculation)
Year 2016 price BTC 10^5 USD = 100000 USD (Speculation)

Everything till possible although the chance is very low

expontial trends in all natural phenomena are rather very short-term and very hard to sustain over longer time periods, thus, I believe it will be very unlikely to see 10k USD this, or even next year.

If we are to trust the typical S-curve adoption model of technologies we are only entering the exponential trend of Bitcoin`s adoption.

[uki]

expontial trends in all natural phenomena are rather very short-term and very hard to sustain over longer time periods, thus, I believe it will be very unlikely to see 10k USD this, or even next year.

If we are to trust the typical S-curve adoption model of technologies we are only entering the exponential trend of Bitcoin`s adoption.

that would be great, I am afraid however, that the assumption that it can be applied in case of Bitcoin may be not valid.

[BitcoinNewbie15]

$10,000 per Bitcoin is a very high price. I do not know if it is even possible or not for Bitcoin to hit a price point that high. I think that the end of 2016 may possibly be too soon for Bitcoin to rise that much though. But I could be wrong, nobody knows for sure.

[Brewins]

after some halvings will be possible, otherwise mining will be too profitable and will consume too much electricity, making countries ban ASIC things

[brg444]

after some halvings will be possible, otherwise mining will be too profitable and will consume too much electricity, making countries ban ASIC things

Unless countries get into the mining ASIC things

[--Encrypted--]

sure it is possible. but only if bitcoin managed to replace fiat by the end of this year. people will dump all of their USD and its price will drop while bitcoin soars 

[brg444]

sure it is possible. but only if bitcoin managed to replace fiat by the end of this year. people will dump all of their USD and its price will drop while bitcoin soars 

10,000$ Bitcoin would represent roughly 150 B$ market cap. That is nowhere close to fiat-replacement value.

For reference Berkshire Hathaway has a market cap of 350 B$

[Roy Badami]

no it is not possible.  unless the world has another major financial crisis.  but it is fun to dream now and again.

Another financial crisis?  We're no where near fixing the one that started in 2007, and likely it can't be fixed.  The fact that the only effect of the ongoing financial crisis most people see right now is abnormally low interest rates (which most people probably think is a good thing) doesn't mean the crisis isn't still there.

[jeannemadrigal2]

no it is not possible.  unless the world has another major financial crisis.  but it is fun to dream now and again.

Another financial crisis?  We're no where near fixing the one that started in 2007, and likely it can't be fixed.  The fact that the only effect of the ongoing financial crisis most people see right now is abnormally low interest rates (which most people probably think is a good thing) doesn't mean the crisis isn't still there.

Yes.  The rates are still low because they know if they raise them, the asset bubble will burst.  I would say we are in the eye of the shit storm.  They could fix it by making regulations, or just simply putting back some old regulations (Glass-Stegal anyone?).  But no.  Mr. Hope and Change in stead put the same goldman sachs asshats in charge, we get no good regulations, and the problem still continues.  Welcome to the new world order.

[jonald_fyookball]

Don't listen to people that say Bitcoin will "never" be mega valuable.  Also, don't listen to people
that claim its going to be $50k by Christmas.   

$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible. 

$10k-$20k by 2025 is what I'm thinking.

[lexuz]

Don't listen to people that say Bitcoin will "never" be mega valuable.  Also, don't listen to people
that claim its going to be $50k by Christmas.   

$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible. 

$10k-$20k by 2025 is what I'm thinking.

Its to hard if you want Price back to $1000 by 2016
Many player like dumbing price and i dont know what in they head and why they really like for dumbing price

[jonald_fyookball]

Don't listen to people that say Bitcoin will "never" be mega valuable.  Also, don't listen to people
that claim its going to be $50k by Christmas.   

$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible. 

$10k-$20k by 2025 is what I'm thinking.

Its to hard if you want Price back to $1000 by 2016
Many player like dumbing price and i dont know what in they head and why they really like for dumbing price

I agree it will be hard, but possible because 18 months is a long time for demand to grow plus there is the block halving.

[pooya87]

do you guys think it is possible?

not possible by the end of 2016!
i think at least we need a couple of more block reward halvings and also it becomes mass adopted.
until them we will be lucky if it reaches 1000 USD.