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Author Topic: $10k????  (Read 19445 times)
thejaytiesto
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May 30, 2016, 09:38:38 PM
 #241

Bitcoin will not reach that high value and that is because it also needs a long time until the value will be more worth so that is really nice of the Bitcoin.
But it is still hard to know what will happen with the Bitcoin and it would be nice of course if we can earn a lot of profit with the Bitcoin.

The mass adoption of the bitcoin takes time. According to networking effect, when the user number double, the price will quadruple.

We don't really need mass adoption to make the price go x4 times higher than it is right now, we only need a handful of whales diversifying on their big wealth, and one of the best options to diversify which is getting increasingly better is Bitcoin, therefore Bitcoin will be used a lot by whales in the near future as a new way to spread their wealth, this can have a bigger impact than a ton of people owning small amounts.

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takingthis4
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May 30, 2016, 10:16:06 PM
 #242

Bitcoin will not reach that high value and that is because it also needs a long time until the value will be more worth so that is really nice of the Bitcoin.
But it is still hard to know what will happen with the Bitcoin and it would be nice of course if we can earn a lot of profit with the Bitcoin.

The mass adoption of the bitcoin takes time. According to networking effect, when the user number double, the price will quadruple.
uhmmm, any proof that it actually is a real thing? i have never heard about it to be honest though it would be really cool as it would mean that its easy to make money with bitcoin

it is surely possible that the price of the bitcoin will grow that much in the upcoming decades though we will need to wait for a while in order to benefit a lot from it
eddyubachs
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May 30, 2016, 10:19:35 PM
 #243

If you have patience to hold your coins for next 10 years then you will see that price not possible to achieve before that so hold it for higher profits.
zimmah
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May 31, 2016, 06:09:19 AM
 #244

That is a lot of money but it wont reach that high value soon and that is because it needs a long time until the value will be higher and in the end of the year it will only reach some $500 I think.
So it takes a really long time when you want to reach that high value so you need also the patience for it.

$10,000 is about 25 times of present price. It might take up to 10 years to achieve that value.

it may just as easily take 10 months to achieve that value.

you can't really tell

If the price rises 50% a year, it will take 8 years to rise 25 times. But it might be shorter as bitcoin is still very young.

in 2013 the price rose 100 times in 11 months

if this was the result of the halving in late 2012, then we might see something of a similar scale in 2017

No, that was not the result of halving. The rise due to block halving is about 10 times. The rest is due to Mt Gox manipulation.

There's no way to tell exactly how much of the rise was caused by which influences.     

It was a combination of factors, just like how the next rise will be a combination of factors.

In 2013 it was the halving+Cyprus+mtgox+some other shit.

In 2016/2017 it will be halving+Chinese capital flight + South American capital flight + blocksise increase + other factors.

GermanFoobla
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May 31, 2016, 07:41:13 AM
 #245

$10k=2016

your thoughts?
I do not know when the value of the Bitcoin is going to be 10,000 Dollar but it needs allot of time before we finally get there. It can be possible somewhere in 2019 or 2020.
I do not see it happening anytime sooner.
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May 31, 2016, 07:45:15 AM
 #246

$10k=2016

your thoughts?
I do not know when the value of the Bitcoin is going to be 10,000 Dollar but it needs allot of time before we finally get there. It can be possible somewhere in 2019 or 2020.
I do not see it happening anytime sooner.

2019 and 2020 are less than 4 years away. Seriously, how do you expect the price to get there in such a short time? It will need to increase with at least $2000 per year from now on to be $10,000 in 2020.

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May 31, 2016, 08:00:25 AM
 #247

$10k=2016

your thoughts?
I do not know when the value of the Bitcoin is going to be 10,000 Dollar but it needs allot of time before we finally get there. It can be possible somewhere in 2019 or 2020.
I do not see it happening anytime sooner.

2019 and 2020 are less than 4 years away. Seriously, how do you expect the price to get there in such a short time? It will need to increase with at least $2000 per year from now on to be $10,000 in 2020.

actually i think 4 years for reaching high prices is more than enough. but we should first consider if $10,000 is a possible price for bitcoin or not? my guess is that this price is not possible and more like a dream of someone who want to become rich overnight. half of that price seems more reasonable to me.

parmatiya
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May 31, 2016, 11:34:39 AM
 #248

$10k=2016

your thoughts?
I do not know when the value of the Bitcoin is going to be 10,000 Dollar but it needs allot of time before we finally get there. It can be possible somewhere in 2019 or 2020.
I do not see it happening anytime sooner.

2019 and 2020 are less than 4 years away. Seriously, how do you expect the price to get there in such a short time? It will need to increase with at least $2000 per year from now on to be $10,000 in 2020.

actually i think 4 years for reaching high prices is more than enough. but we should first consider if $10,000 is a possible price for bitcoin or not? my guess is that this price is not possible and more like a dream of someone who want to become rich overnight. half of that price seems more reasonable to me.

The price is 2020 will be 16 times of present value, so the price will be around $8,000 each. If there is more adopton, the price could be higher.

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June 07, 2016, 12:51:03 PM
 #249

$10k=2016

your thoughts?
I do not know when the value of the Bitcoin is going to be 10,000 Dollar but it needs allot of time before we finally get there. It can be possible somewhere in 2019 or 2020.
I do not see it happening anytime sooner.

2019 and 2020 are less than 4 years away. Seriously, how do you expect the price to get there in such a short time? It will need to increase with at least $2000 per year from now on to be $10,000 in 2020.

actually i think 4 years for reaching high prices is more than enough. but we should first consider if $10,000 is a possible price for bitcoin or not? my guess is that this price is not possible and more like a dream of someone who want to become rich overnight. half of that price seems more reasonable to me.


The price is 2020 will be 16 times of present value, so the price will be around $8,000 each. If there is more adopton, the price could be higher.

I think the $10,000 price range could be achieved in a few years, maybe in 5 years. It depends on the development of the coin.

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ElpadroBitcoin
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June 07, 2016, 03:37:40 PM
 #250

this is a fuckin shitpost, blacky
yeah people keep thinking about these high amounts of money without even being a little realistic. There are just investing and hoping that the price will be 10k out of no where.
Icathia
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June 08, 2016, 09:22:55 AM
 #251

I am looking forward to the price being 10,000 Dollar because I will sell some of my coins and it will earn me allot of money. I do not know when this is going to happen.
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June 08, 2016, 01:39:13 PM
 #252

The price of Bitcoin will not reach that high value and that is because it will takes also a long time until it will reach a higher value because it is rising slowly so that is nice.
But you dont even know for how long it will rise and that is the problem of Bitcoin.
Yakamoto
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June 08, 2016, 01:47:16 PM
 #253

It seems like every time one of these threads come up, the speculated value goes a few thousand dollars higher. Regardless of whenever the OP was created.

$10k would have to happen at least a decade and a half from now, probably further from there to be honest. We won't be seeing $10,000 for a long, long time, and we'd have to set at least a $6,000 ATH in order for such claims to be viable.














 

 

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randy8777
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June 08, 2016, 01:51:58 PM
 #254

The price of Bitcoin will not reach that high value and that is because it will takes also a long time until it will reach a higher value because it is rising slowly so that is nice.
But you dont even know for how long it will rise and that is the problem of Bitcoin.

it doesn't really matter whether or not it will be a slow journey to such insanely high price levels. if it's ever going to happen, then real holders will benefit the most from it. see it as a bonus on top of your retirement money. that's why it's not a problem if it takes 20 years before we come even close to that price. you know that you have something that will continue to grow. that for me is very important. growth of your wealth is everything.
parmatiya
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June 09, 2016, 05:58:55 AM
 #255

Bitcoin will not reach that high value and that is because it also needs a long time until the value will be more worth so that is really nice of the Bitcoin.
But it is still hard to know what will happen with the Bitcoin and it would be nice of course if we can earn a lot of profit with the Bitcoin.

The mass adoption of the bitcoin takes time. According to networking effect, when the user number double, the price will quadruple.

Bitcoin has an ability to achieve this price in future for sure, but we have to wait for a long time to see this price, may be in next 5 years it can achieve that price.


I think the price will double in the next 5 years, so it is possible to achieve $10,000 in 5 years. Then the price rise rate will decrease.

NorrisK
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June 09, 2016, 06:02:56 AM
 #256

Bitcoin will not reach that high value and that is because it also needs a long time until the value will be more worth so that is really nice of the Bitcoin.
But it is still hard to know what will happen with the Bitcoin and it would be nice of course if we can earn a lot of profit with the Bitcoin.

The mass adoption of the bitcoin takes time. According to networking effect, when the user number double, the price will quadruple.

Bitcoin has an ability to achieve this price in future for sure, but we have to wait for a long time to see this price, may be in next 5 years it can achieve that price.


I think the price will double in the next 5 years, so it is possible to achieve $10,000 in 5 years. Then the price rise rate will decrease.

Becuase doubling will make it it $10,000? That would only make it 1,200 if my calculations are correct Wink

Or if you mean double every year for the next 5 years, than it would be possible to break the 10,000, but that is very unlikely as there will probably be years where the price stagnates or goes down, just like the past 2 years.

We all have seen what Ethereum did, even at market caps and adoptation rates that nobody expected. Captial is flowing into cryptocurrency, and more positive momentum might result into this new capital finding its way into bitcoin.

dumpida
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June 09, 2016, 07:02:53 AM
 #257

Bitcoin will not reach that high value and that is because it also needs a long time until the value will be more worth so that is really nice of the Bitcoin.
But it is still hard to know what will happen with the Bitcoin and it would be nice of course if we can earn a lot of profit with the Bitcoin.

The mass adoption of the bitcoin takes time. According to networking effect, when the user number double, the price will quadruple.

Bitcoin has an ability to achieve this price in future for sure, but we have to wait for a long time to see this price, may be in next 5 years it can achieve that price.


I think the price will double in the next 5 years, so it is possible to achieve $10,000 in 5 years. Then the price rise rate will decrease.

Becuase doubling will make it it $10,000? That would only make it 1,200 if my calculations are correct Wink

Or if you mean double every year for the next 5 years, than it would be possible to break the 10,000, but that is very unlikely as there will probably be years where the price stagnates or goes down, just like the past 2 years.

We all have seen what Ethereum did, even at market caps and adoptation rates that nobody expected. Captial is flowing into cryptocurrency, and more positive momentum might result into this new capital finding its way into bitcoin.

I think for the next 10 years, the user will increase gradually. The increase will not stagnate for very long time.

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Cyaren
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June 09, 2016, 08:58:43 AM
 #258

$10k=2016

your thoughts?

That seems pretty unlikely for a such short timespan right now. However, if there were to be a major currency crisis in 2016, which is possible but not probable, then well, even $50k is possible.

Everything is possible with bitcoin, it's just that some are more probable than others.
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June 09, 2016, 05:48:16 PM
 #259

$10k=2016

your thoughts?

That seems pretty unlikely for a such short timespan right now. However, if there were to be a major currency crisis in 2016, which is possible but not probable, then well, even $50k is possible.

Everything is possible with bitcoin, it's just that some are more probable than others.

$10,000 is unlikely. I think the price could reach $1,000 by the end of this year. $10,000 is for 2020 to 2022.

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June 09, 2016, 06:59:55 PM
 #260

I thought this topic will dry out, as there no logical reasons to talk about $10k price in the next five years. If Bitcoin is still around five years from now, we may come back to this discussion and see if things changed enough to get this price, but for today it is a sci-fi section.

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