The inevitable is upon us...

[gloryninja]

I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value.  BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

[Amph]

I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value.  BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

you want that this happen only because you sold everything, but the chance are very slim, bitcoin will be the 1 first coins for many years, because it's very hard to come up with something completely different yet revolutionary like it was bitcoin, and a simple pure clone will not cut it....

[spazzdla]

I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value.  BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

The idea some alt coin will take BTC's place is such a joke.  The reason is the exact reason you accept $20 USD for payment, everyone believes it has value.

ALL Cryptocurrency users accept BTC has value,

Some accept altcoin 1
some altcoin121421
some altcoin 235432

and so on.

[gentlemand]

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

[notme]

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

$210B would be about 5x paypal's market cap, but only 1/30th of the gold market.

[eerygarden]

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

Because of our sub standard education dickwad. Now explain it again. Only this time S.L.O.W.ERRRR.

Haha.

My apologies for the "dickwad" comment. I'm just joshing with you.

[LFC_Bitcoin]

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

Maybe so but it'd make me pretty damn happy & a lot of people very, very wealthy. I dream of bitcoin becoming so very valuable that we can wipe our ass on gold plated toilet paper but in all honesty even if we were to reach a USD value of 1 bitcoin = 10,000 USD it'd be a dream to many of us. We'd have wealth not possible via our normal working lives.

[gentlemand]

Maybe so but it'd make me pretty damn happy & a lot of people very, very wealthy. I dream of bitcoin becoming so very valuable that we can wipe our ass on gold plated toilet paper but in all honesty even if we were to reach a USD value of 1 bitcoin = 10,000 USD it'd be a dream to many of us. We'd have wealth not possible via our normal working lives.

Well, I dunno about a lot. Most on here seem to have 0.05 that they piss away gambling the moment they have it.

Don't get me wrong, it's a very respectable amount and would make it much harder to discount than is possible now, but it still would be a minor spillage in the global ocean rather than a drop.

[dothebeats]

I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value.  BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

Conflicting ideas, I guess? I think bitcoin will be the coin that beats all for years long. If you sold all your coins earlier, then you're very eager to earn profits, which is bad I think, as most of the time it interrupts your potential earning. As for the coin to replace bitcoin in the future, it must surpass what already is within bitcoin's concept, and it must be accepted by a wide audience before we even call it as successful.

[oblivi]

People seem to keep hoping for the currency to appreciate in value when the USD is potentially on a run that repeats the prosperity of the 1980s. That's not going to happen.

At the same time, why does BTC even need to trade significantly higher than its current price. If it wants to function as a currency, why should it be dislocated with such magnitude from other currencies?

It doesn't work like that. BTC is more like a stock than a traditional currency. BTC can reach 1 million per coin and perfectly function. The idea that being far from the price of other currencies is somehow not good is nonsense.
More demand and less total supply available = higher price, period. It's as simple as that.

[inca]

People seem to keep hoping for the currency to appreciate in value when the USD is potentially on a run that repeats the prosperity of the 1980s. That's not going to happen.

At the same time, why does BTC even need to trade significantly higher than its current price. If it wants to function as a currency, why should it be dislocated with such magnitude from other currencies?

Mainly because unlike every other currency on the planet bitcoin is scarce. There are considerably more than 21 million dollars in the world.

[inca]

Mainly because unlike every other currency on the planet bitcoin is scarce.

Thousands of altcoiners would beg to differ.

Hundreds of altcoiners would, sure, and quite legitimately too.

True, instead of using currency I should have specified fiat currency.

There can be only one, network effect, first mover advantage etc etc

[pereira4]

Mainly because unlike every other currency on the planet bitcoin is scarce.

Thousands of altcoiners would beg to differ.

Hundreds of altcoiners would, sure, and quite legitimately too.

True, instead of using currency I should have specified fiat currency.

There can be only one, network effect, first mover advantage etc etc

Yep. If you think a million altcoins existing somehow make Bitcoin less scarce you are failing to understand what makes Bitcoin valuable. Cant blame a newbie on that one tho.

[kehtolo]

Not scarce at all...

If some altcoin has a hardcap of 21 billion coins.. then by default it is 1000 times less scarce than bitcoin.

Most altcoins have the supply fixed somewhere north of 21 million.

[NorrisK]

I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value.  BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

I don't understand why people get the sudden urge to start selling near the bottom.. Did you need the cash? In that case, it doesn't matter, you needed it. Otherwise you made a bad move. You can still re-enter at a small loss..

[Shiver]

I'd like to think that I never have to convert any BTC to cash (though I do find it interesting to compare it with USD).

Perhaps the use case is what will decide the price (whether for average purchases, gold alternative, or some other case we haven't seen yet).  Depending on what it becomes known for could add or remove several zeros to the price.

For the shorter term I think around $300 is all I would expect this year, then a few months before halving it could climb to maybe $400's, and then it will pause for a while, as people look around to see if that's a real price or not, then if it stays there for a few weeks we could go to $600-700 range fairly quickly.

Although there is potential for the very large numbers, I think it's still just a small seedling and not the oak tree we'd like it to be.  That I feel is 5-10+ years down the road.

[Mickeyb]

Just before the halving, I think we can see a new atm high, and to be more specific, I would say a $2,000. I am not saying Bitcoin would stabilize at this price, but it can sure touch it.

[Dafar]

Why do you want it to rise to 10'000$/BTC?

.....To buy more things.... are you stupid?

[eerygarden]

Why do you want it to rise to 10'000$/BTC?

.....To buy more things.... are you stupid?

Things? Things are shit. I would like more services. Services to provide me with more things..... oh wait!

[srgkrgkj]

Just before the halving, I think we can see a new atm high, and to be more specific, I would say a $2,000. I am not saying Bitcoin would stabilize at this price, but it can sure touch it.

before the halving is when everyone will be stockpiling their coins especially miners I'm sure we can see 5k hitting too as we haven't really had a bubble in a while lol