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Author Topic: $10k????  (Read 19445 times)
Amph
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December 01, 2015, 12:37:00 PM
 #61

10K dollars is just to much money, so that means if I had just 0.1 Bitcoin tham I have 1000 dollars what that is to much.
But keep dreaming it won't happend in 2016.

you should not look at that way, you should look at this way

0.1 to achieve at that point would be fairly more difficult, very rare, only few people will have even a small amount like 0.2-0.1 and so on

going by your logic who had 100k bitcoin early, would have said the same, about bitcoin reaching $10

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NewInCryptoCurrency
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December 01, 2015, 01:08:42 PM
 #62

10K I wish that would happen. Than I am just happy. So that I can sell my bitcoins.

But that won't happend so yeah Sad
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December 01, 2015, 05:23:10 PM
 #63

I actually share most of your thoughts that seem a very 'reasonable speculation'. I also believe the new ATH would not go beyond $2-3k, however I expect a sub-$1000 stable price in 2016 (actually closer to $600, rather than $1k). In case we get to the bubble area too fast that will have a very negative effect on the perception of Bitcoin and definitely won't help with further spreading the adoption. Also the more steep the bubble, the longer time to recover from it. It took us about 18 months in case of Mt. Gox bubble, this next one may take twice as much (pretty much to the following halving).

I'm totally with you on this one. A spike to 2k will probably bring us to the next ATH before plummeting back to 500-600 to stabalize. A similar run to the last 2 years can then also happen again, but the general thing is that the price keeps trending upwards in the big picture.
I do not fully agree with the longer recovery. In the earlier spikes the movements percentage wise were much bigger and recovery was shorter as well. The news associated with the dump may have a much larger influence, as people lost trust due to Mt. Gox.
There is very interesting topic on cycles in which exactly discuss this issue: https://bitcointalk.org/index.php?topic=1256918.0.
According to the charts presented there we currently just started 3rd cycle that should bring us at least to 2-3k of the peak value.
Would be interested, if you share your thoughts there.

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richardsNY
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December 01, 2015, 06:48:27 PM
 #64

Let me ask you a question. What do you consider mass adoption? We can't achieve that as third world countries don't have proper internet connections to use Bitcoin. We can achieve an immense growth in third world countries as they can benefit the most from Bitcoin. Reaching all these people may cost 10 years, if not more.

I guess what I consider mass adoption is adopted in the way the internet or cell phones have been adopted. Yes there are many people around the world who don't even have basic internet connections still but the proliferation in the 1st world is obvious to them they want and need to get on the train eventually. 

I've just always made the argument if Bitcoin is supposed to be this revolutionary thing then the marketcap can't stay too low forever before it risks fading out as a fad.

I am sure the market cap won't stay another 2 years below $10 billion. Current market cap makes it very easy to be manipulated by wealthy players. I think we will hold the volatility as long as there are early adopters with a minimum of 5,000-10,000 Bitcoins. The higher the price is, the thinner the orderbooks are. An even easier target for whales.

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December 01, 2015, 08:30:38 PM
 #65

its really possible in my opinion though the price needs to start rising as soon as possible because it will surely take a lot of time for this to happen
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December 01, 2015, 08:56:35 PM
 #66

its really possible in my opinion though the price needs to start rising as soon as possible because it will surely take a lot of time for this to happen

The possibility of the same is in the hands of us - the Community...
If we are to take the responsibility and decide not to sell our coins below a fixed floor, we might easily start seeing the values we want our coins at, as the whales will definitely not ruin their empires they established based on Bitcoins by doing Business with it...
Not just that, but also by giving the development and media Bitcoin really needs in order to get exposed to a wider audience...

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December 01, 2015, 09:26:13 PM
 #67

I suggest you start wishing, hoping and praying really hard if you want this to happen.

I could see bitcoin reaching the value of $1000 again next year. That's what I'm going for.

It all depends on the market though, you'll never know what will actually happen with bitcoin.

Watjila
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January 15, 2016, 06:04:37 PM
 #68

$10k=2016

your thoughts?
$10k in 2016 ? Will never happen. Tongue

I also think it will not happen. $3000 is the highest that I can imagine. The adoption of the coin is not big enough yet.
sana54210
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January 15, 2016, 06:07:40 PM
 #69

$10k=2016

your thoughts?
$10k in 2016 ? Will never happen. Tongue

I also think it will not happen. $3000 is the highest that I can imagine. The adoption of the coin is not big enough yet.

But in the recent article I have read, the bitcoin ecosystem almost testing mainstream adoption comparing to any other digital currencies/payment processors.
There are plenty of direct and indirect payment options for bitcoin to shop each and every human needs.
So, there are lot of possibilities to hit $10k price levels within this year.


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Watjila
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January 28, 2016, 11:09:50 AM
 #70

$10k=2016

your thoughts?
$10k in 2016 ? Will never happen. Tongue

I also think it will not happen. $3000 is the highest that I can imagine. The adoption of the coin is not big enough yet.

But in the recent article I have read, the bitcoin ecosystem almost testing mainstream adoption comparing to any other digital currencies/payment processors.
There are plenty of direct and indirect payment options for bitcoin to shop each and every human needs.
So, there are lot of possibilities to hit $10k price levels within this year.

The price could spike to $10k, but I think it might not stay there for long. There is too much incentive to sell at that price.
quadriple7
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March 15, 2016, 04:15:43 PM
 #71

$10k=2016

your thoughts?

no, it won't rise so fast, bitcoin can rise fast and high, but not to 10000$ and not in 10 months form 400$ only

on other side, it can fall down really fast, in month it can go to 10$ in case of panic or anything else, so we need to secure this price first then think about 10000$
randy8777
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March 15, 2016, 06:07:36 PM
 #72

$10k=2016

your thoughts?

no, it won't rise so fast, bitcoin can rise fast and high, but not to 10000$ and not in 10 months form 400$ only

on other side, it can fall down really fast, in month it can go to 10$ in case of panic or anything else, so we need to secure this price first then think about 10000$

when something isn't very likely to happen still doesn't mean that it isn't possible. we have seen how our price predictions got trashed plenty of times already. and yes, you are right about the fact that the price can go down quite fast. building up the price takes quite some time and effort, while dumping the price down takes only a few hours. in these few hours months of building up the price have been vanished. Sad but the hard reality.
sallymeeh27
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March 15, 2016, 06:12:43 PM
 #73

This might happen but it would be in the future for long years. Well what can we say maybe as per any person may know I should always stay positive for a long run. This will happen to encourage more positive energy then our future for this amount will be in a short span of time..

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March 15, 2016, 07:05:02 PM
 #74

I do not see this happen anytime soon if I'm honest its just too much for a short time, the halving can create a jump but not such a jump in my opinion.
The fact the halving will let the price rise is true but max to a amount of 1,3k or something in that range, not of 10k, its even unrealistic if I'm honest.

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March 15, 2016, 07:12:49 PM
 #75

I don't think anything is going to happen till the block size is resolved, and I understand that the Core group timetable has it penciled in for mid 2017

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March 15, 2016, 07:22:07 PM
 #76

I don't think anything is going to happen till the block size is resolved, and I understand that the Core group timetable has it penciled in for mid 2017

it's just a matter of time before the block size will get a bump to 2mb. but then again, i don't expect much impact on the price beside a short term peak once the block size is increased. after that all will be back to normal and probably another block size debate might come to life as the fudders will do everything to derail bitcoin.
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March 15, 2016, 09:45:11 PM
 #77

I don't think anything is going to happen till the block size is resolved, and I understand that the Core group timetable has it penciled in for mid 2017

it's just a matter of time before the block size will get a bump to 2mb. but then again, i don't expect much impact on the price beside a short term peak once the block size is increased. after that all will be back to normal and probably another block size debate might come to life as the fudders will do everything to derail bitcoin.
we need much more on the fundamental side to happen. Just talking and hyping halving won't bring anything but deception. The price won't go significantly up until we have something on the table. Till then, the most we can expect is the pump similar to the one we had last November.

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March 16, 2016, 01:00:04 AM
 #78

if you mean bitcoin prices in 2016 became $ 10,000, it will never happen, even to get through the $ 1,000 price for the year is not necessarily going to  Sad


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March 16, 2016, 01:07:38 AM
 #79

if you mean bitcoin prices in 2016 became $ 10,000, it will never happen, even to get through the $ 1,000 price for the year is not necessarily going to  Sad

Never say Never... - "Justin Bieber"

Yeah just like that song, you never know! lol. You cant read the future, but the price predictions can happen if people see bigger increments to be "blieberable" see what I did there lol.

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March 16, 2016, 08:18:07 AM
 #80

We must think realistic. And of course it wont happen because you can see that the value is not that high now on this moment.
And the value is now rising slowly. And you dont even know when it stops so if it is going to happen. It will take a long time.
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