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Author Topic: $10k????  (Read 19358 times)
peta4e
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March 17, 2016, 07:15:21 PM
 #101

we can all dream about a day that bitcoin price is at $10K but honestly i don't see it happening in reality.
i am more interested in real prices especially if they are close like 6 months not 6 years.

Yeah that price is hardly to believe that bitcoin will reach that value in next couple of years, as expecting this high price would be wasting our time its better we believe in reality.
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uki
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March 17, 2016, 10:59:28 PM
 #102

The halving is priced in. The halving after that is priced in. Everything about Bitcoin is priced in. Any predetermined event (e.g. halvings) or number (e.g. 21,000,000 maximum coins) based upon the original Bitcoin source code was priced in as soon as people started trading bitcoin.

Bitcoin may go up this year, but it won't have anything to do with the halving.
I agree that most of the price action this year will depend on the real development and not halving. We may get a pump similar to the one last November but that is it.
That won't get us beyond $500-600.

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panju1
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March 18, 2016, 04:57:04 PM
 #103

The halving is priced in. The halving after that is priced in. Everything about Bitcoin is priced in. Any predetermined event (e.g. halvings) or number (e.g. 21,000,000 maximum coins) based upon the original Bitcoin source code was priced in as soon as people started trading bitcoin.

Bitcoin may go up this year, but it won't have anything to do with the halving.

You are assuming that the markets are efficient.  Wink
A lot of trading happens based on sentiments and anticipation.
The myth that the price has to increase because of the halving is a self fulfilling prophecy.

sishendaoye
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March 18, 2016, 06:21:18 PM
 #104

We are very far from 10k in my opinion this will still take a couple of years maybe even more years.
Plus its also depending on this year if the halving is good and the price and users are growing it could happen in a couple years.
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March 19, 2016, 04:29:46 AM
 #105

We are very far from 10k in my opinion this will still take a couple of years maybe even more years.
Plus its also depending on this year if the halving is good and the price and users are growing it could happen in a couple years.

Even with the effect of the halving, this years price won't grow that much, not even in two years, it needs more and more user and buyer so that price would jump, but the problem is that people are buying it and selling it very early, and I think the effect of that is not good..

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iram66680
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March 19, 2016, 04:51:22 AM
 #106

$10k=2016

your thoughts?

Wishing, hoping, but if that happens, bitcoin would be illigal in a few weeks...
You mean if price ever increases to 10K, it will make bitcoin illegal?

May I ask why do you think so?
Illegal for what reason? It would just mean a lot of people would be billionaires just like Trump.
Then those people would use they new found valuable asset to do stupid and illegal things such as drugs and hookers. Then yes, I can see that.

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March 19, 2016, 04:55:14 AM
 #107

We are very far from 10k in my opinion this will still take a couple of years maybe even more years.
Plus its also depending on this year if the halving is good and the price and users are growing it could happen in a couple years.

if it takes 10 years to reach $10,000 then it means that it will grow with more than $900 per year, which is insanely high. even that will not happen. we must be extremely happy if we see the price somewhere around $1000 after 2 or 3 years. that can be considered a great achievement. i think the upcoming block halving will lead to a temporary growth as i believe the price will get dumped down again. let's not expect too much from it.
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March 19, 2016, 08:00:35 AM
 #108

We are very far from 10k in my opinion this will still take a couple of years maybe even more years.
Plus its also depending on this year if the halving is good and the price and users are growing it could happen in a couple years.

if it takes 10 years to reach $10,000 then it means that it will grow with more than $900 per year, which is insanely high. even that will not happen. we must be extremely happy if we see the price somewhere around $1000 after 2 or 3 years. that can be considered a great achievement. i think the upcoming block halving will lead to a temporary growth as i believe the price will get dumped down again. let's not expect too much from it.
I agree. People forget what a bear market is too fast. We had 18 month long bear, but it seems like a distant memory. I don't understand where all these optimism and $10k prices come from. There are no arguments other than wishful thinking to support that.

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bit1
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March 19, 2016, 04:17:48 PM
 #109

Yeah, That sounds very very  optimistic but it seems unlikely for 2016 considering the current trend.

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Meuh6879
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March 19, 2016, 04:24:04 PM
 #110

https://bitcointalk.org/index.php?topic=178336.msg13481673#msg13481673

Altynbekova
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March 19, 2016, 07:41:06 PM
 #111


There are many scenario's possible but 10 k makes no sense. The charts at itself can look right, but you will find it very unrealistic when you compared it with realit.
A price going this high would make no sense to me.
Altcoinsupporter
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March 19, 2016, 08:10:22 PM
 #112

For me the price going this high would mean a big bonus. but i don't see it happening at all.
Most of us are here for a quit win but this would be just a dream come true. I may be that the price will never reach this high.
pissedoff
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March 19, 2016, 08:29:05 PM
 #113

For me the price going this high would mean a big bonus. but i don't see it happening at all.
Most of us are here for a quit win but this would be just a dream come true. I may be that the price will never reach this high.
Don't give your hopes up the bitcoin price could reach over $10k provided there are enough users.
richardsNY
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March 19, 2016, 09:25:05 PM
 #114

For me the price going this high would mean a big bonus. but i don't see it happening at all.
Most of us are here for a quit win but this would be just a dream come true. I may be that the price will never reach this high.
Don't give your hopes up the bitcoin price could reach over $10k provided there are enough users.

Normal users don't make that much impact on the price. We need very wealthy investors to enter the Bitcoin market to see a real increase in the price. They have millions to throw into a certain investment. We need these kind of people.

SquallLeonhart
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March 19, 2016, 10:06:18 PM
 #115

For me the price going this high would mean a big bonus. but i don't see it happening at all.
Most of us are here for a quit win but this would be just a dream come true. I may be that the price will never reach this high.
Don't give your hopes up the bitcoin price could reach over $10k provided there are enough users.

Normal users don't make that much impact on the price. We need very wealthy investors to enter the Bitcoin market to see a real increase in the price. They have millions to throw into a certain investment. We need these kind of people.

But I think at present we don't have that kind of investors, majority of bitcoin community involves normal users who are trying hard to earn bitcoins.
richardsNY
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March 19, 2016, 10:20:44 PM
 #116

For me the price going this high would mean a big bonus. but i don't see it happening at all.
Most of us are here for a quit win but this would be just a dream come true. I may be that the price will never reach this high.
Don't give your hopes up the bitcoin price could reach over $10k provided there are enough users.

Normal users don't make that much impact on the price. We need very wealthy investors to enter the Bitcoin market to see a real increase in the price. They have millions to throw into a certain investment. We need these kind of people.

But I think at present we don't have that kind of investors, majority of bitcoin community involves normal users who are trying hard to earn bitcoins.

Well, the Gemini exchange was aiming to attract these high level investors, but so far they failed in doing so. Not sure what their future plans are, but their so called "Nasdaq of Bitcoin" exchange is quite a disappointment so far.

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March 21, 2016, 04:00:12 PM
 #117

That will take a long time I think. And that is impossible almost or you must wait a very long time and not everyone has that patience for it.
But we all know that it will take a long time and that we can have some profit, but we need to be realistic.

BitMaxz
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March 21, 2016, 04:26:10 PM
 #118

10k is impossible and i think it will happen maybe in year 2050 for now this year we will see the price i think around 600-700 after halving..
I believe for that than saying that the price will increase to 5k each this year..
Just lets hope that the price will increase more after halving..

bakingbad
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March 21, 2016, 05:48:38 PM
 #119

10k is impossible and i think it will happen maybe in year 2050 for now this year we will see the price i think around 600-700 after halving..
I believe for that than saying that the price will increase to 5k each this year..
Just lets hope that the price will increase more after halving..
it will surely happen way earlier in about 2020 because people will start adopting bitcoin at a very fast pace in the future and nothing will stop it

i think that bitcoin has a lot of potential to reach even bigger heights and become the national currency of a wide variety of countries
phreaky
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March 22, 2016, 04:00:50 PM
 #120

10k is impossible and i think it will happen maybe in year 2050 for now this year we will see the price i think around 600-700 after halving..
I believe for that than saying that the price will increase to 5k each this year..
Just lets hope that the price will increase more after halving..
it will surely happen way earlier in about 2020 because people will start adopting bitcoin at a very fast pace in the future and nothing will stop it

i think that bitcoin has a lot of potential to reach even bigger heights and become the national currency of a wide variety of countries
It will not happen fast. Because you can see that the value is rising very slowly so that is bad. I hope later that there will be more people that use Bitcoin.
And that the value will be more in the future. But it is really hard to predict the value and that is quite scary.
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