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Author Topic: Five digits  (Read 11921 times)
md1120
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June 25, 2016, 01:49:47 PM

So, It's time to buy?
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Fatanut
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June 25, 2016, 02:15:53 PM

Expecting it goes to 10.000 dollar just crazy, are you on drugs man! 1 Dollar could be 100 euro too looking at the 'market size', but that's not going to happen.
nor bitcoin going to 10k.

It is not crazy to imagine the bitcoin price to be $10000 in 2020. If we have 5 million active users, it is possible.

~Snip~

An altcoin can only surpass bitcoin if it has more users, because of the network effect. And every day that is not happening, it will become harder to happen in the future. It won't take long before bitcoin will reach critical mass, at which point it won't ever be surpassed.



It is almost impossible for an alt coin to surpass bitcoins because the total amount of all the altcoin users is just a portion of the total bitcoin users. Never have I seen a variant of something surpass the original one. If we think of the amount of audience as a race, bitcoin is already far far away and alt coins are just still in the beginning.

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Bitcoin Brazil
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June 25, 2016, 02:24:12 PM

So, It's time to buy?


Well, if you wanna make a quick profit, maybe buying right now and selling two weeks from now will do.  Or maybe depending after halving, the price will drop and you could buy then.

My suggestion, buy right now
Gotottack
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June 29, 2016, 08:21:39 PM

Expecting it goes to 10.000 dollar just crazy, are you on drugs man! 1 Dollar could be 100 euro too looking at the 'market size', but that's not going to happen.
nor bitcoin going to 10k.

It is not crazy to imagine the bitcoin price to be $10000 in 2020. If we have 5 million active users, it is possible.

~Snip~

An altcoin can only surpass bitcoin if it has more users, because of the network effect. And every day that is not happening, it will become harder to happen in the future. It won't take long before bitcoin will reach critical mass, at which point it won't ever be surpassed.

It is almost impossible for an alt coin to surpass bitcoins because the total amount of all the altcoin users is just a portion of the total bitcoin users. Never have I seen a variant of something surpass the original one. If we think of the amount of audience as a race, bitcoin is already far far away and alt coins are just still in the beginning.

that is right. there are also many bitcoin shills. They will try their best to troll in other "successful" altcoins.
ASHLIUSZ
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June 30, 2016, 06:05:02 AM

Expecting it goes to 10.000 dollar just crazy, are you on drugs man! 1 Dollar could be 100 euro too looking at the 'market size', but that's not going to happen.
nor bitcoin going to 10k.

It is not crazy to imagine the bitcoin price to be $10000 in 2020. If we have 5 million active users, it is possible.

~Snip~

An altcoin can only surpass bitcoin if it has more users, because of the network effect. And every day that is not happening, it will become harder to happen in the future. It won't take long before bitcoin will reach critical mass, at which point it won't ever be surpassed.



It is almost impossible for an alt coin to surpass bitcoins because the total amount of all the altcoin users is just a portion of the total bitcoin users. Never have I seen a variant of something surpass the original one. If we think of the amount of audience as a race, bitcoin is already far far away and alt coins are just still in the beginning.
altcoins are already based on the Bitcoin blockchain. The only real possible scenario where an altcoin could overtake Bitcoin is if there is some serious flaw in the code that basically causes Bitcoin to stop working. other than that altcoins can never surpass bitcoin.

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socks435
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June 30, 2016, 11:14:23 AM

Expecting it goes to 10.000 dollar just crazy, are you on drugs man! 1 Dollar could be 100 euro too looking at the 'market size', but that's not going to happen.
nor bitcoin going to 10k.

It is not crazy to imagine the bitcoin price to be $10000 in 2020. If we have 5 million active users, it is possible.

~Snip~

An altcoin can only surpass bitcoin if it has more users, because of the network effect. And every day that is not happening, it will become harder to happen in the future. It won't take long before bitcoin will reach critical mass, at which point it won't ever be surpassed.



It is almost impossible for an alt coin to surpass bitcoins because the total amount of all the altcoin users is just a portion of the total bitcoin users. Never have I seen a variant of something surpass the original one. If we think of the amount of audience as a race, bitcoin is already far far away and alt coins are just still in the beginning.
altcoins are already based on the Bitcoin blockchain. The only real possible scenario where an altcoin could overtake Bitcoin is if there is some serious flaw in the code that basically causes Bitcoin to stop working. other than that altcoins can never surpass bitcoin.
Altcoin is altcoin and your right bitcoin will still remain because bitcoin is already publish and many stores right now are accepting bitcoin and i think more will come about bitcoin..
According to the op five digit for bitcoin is its impossible right now to think and i think bitcoin price will stay at 3 digit until end of this year..

"If money was being invented now, it wouldn't be designed to look like cash or credit cards. It would look more like Bitcoin."
Eternadars
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July 06, 2016, 03:49:56 PM

Well IMO it is hard for bitcoin to reach 5 digit price. I think it is possible though but it will be hard maybe about 30% chance for that to happen. Well only time will tell so let's just watch.  Cool

It is possible for the bitcoin to reach 5 figure price in 5 to 10 years. But it depends of the adoption of the coin.
Piladeer
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July 09, 2016, 06:51:27 AM

Well IMO it is hard for bitcoin to reach 5 digit price. I think it is possible though but it will be hard maybe about 30% chance for that to happen. Well only time will tell so let's just watch.  Cool

It is possible for the bitcoin to reach 5 figure price in 5 to 10 years. But it depends of the adoption of the coin.

The price of the bitcoin increases with the general usage and mass adoptoin. We should encourage people to use it.
ASHLIUSZ
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July 09, 2016, 07:21:37 AM

Well IMO it is hard for bitcoin to reach 5 digit price. I think it is possible though but it will be hard maybe about 30% chance for that to happen. Well only time will tell so let's just watch.  Cool

It is possible for the bitcoin to reach 5 figure price in 5 to 10 years. But it depends of the adoption of the coin.

The price of the bitcoin increases with the general usage and mass adoptoin. We should encourage people to use it.
I think it is hard to reach five digits for few years, may be it can happen after years when usage grows heavily.

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FruitBucket
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July 18, 2016, 03:46:44 PM

The lowest 5 digits is just $10,000. That is 16 times of the current price. It could be reached in 3 to 6 years.

Eternadars
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July 20, 2016, 08:38:33 AM

The lowest 5 digits is just $10,000. That is 16 times of the current price. It could be reached in 3 to 6 years.

As long as there are good adoptions about the bitcoin, the price will rise. We will still on the bottom of the S curve.
Farma
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July 20, 2016, 08:59:43 AM

The lowest 5 digits is just $10,000. That is 16 times of the current price. It could be reached in 3 to 6 years.
yes, it probably would require a very long time to wait bitcoin prices reached five digits. it may be better to use it for other businesses rather than waiting for that moment to happen. It may be time that you need to wait for prices to reach $ 10,000, could make generate $ 20,000 if you use it for other businesses

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miayama
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July 25, 2016, 11:36:58 AM

The lowest 5 digits is just $10,000. That is 16 times of the current price. It could be reached in 3 to 6 years.

As long as there are good adoptions about the bitcoin, the price will rise. We will still on the bottom of the S curve.

When the number of bitcoin users increase by 100% in the next two years, the bitcoin price will increase 400%.
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July 25, 2016, 04:00:42 PM

The lowest 5 digits is just $10,000. That is 16 times of the current price. It could be reached in 3 to 6 years.

As long as there are good adoptions about the bitcoin, the price will rise. We will still on the bottom of the S curve.

When the number of bitcoin users increase by 100% in the next two years, the bitcoin price will increase 400%.

The network effect is the square of the number of users. I wish the bitcoin is developed to attract more users.

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July 25, 2016, 04:47:04 PM

Im sure in 10 years time if bitcoin is still alive then we will still be referencing these old threads for 2015 and saying how maybe some day the price will reach 5 digits. Maybe the cold hard truth is that bitcoin has a limit of how high it can actually go and we are their right now? Maybe we can push slightly higher yet but i think we could be almost at the very top.

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July 26, 2016, 05:40:11 PM

Im sure in 10 years time if bitcoin is still alive then we will still be referencing these old threads for 2015 and saying how maybe some day the price will reach 5 digits. Maybe the cold hard truth is that bitcoin has a limit of how high it can actually go and we are their right now? Maybe we can push slightly higher yet but i think we could be almost at the very top.

We are not ready for the 5 digits now. It could be reached in the five to ten years if the bitcoin is fully developed.
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July 26, 2016, 06:37:55 PM

So, It's time to buy?
i think it is really a great time to buy your bitcoins right now because the price of the bitcoin is going to increase pretty soon and give a chance for you to make money
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July 26, 2016, 06:52:32 PM

In my eyes a 5 digit number is just not gonna happen its way too much for the bitcoin and it cannot even simply rise to the 1k these days.
Maybe in about 10 years this is possible and even than its the question if it can.

5 digits will not happen in the next two years. But with the help of more adoptions and devleopments, it could happen in 5 to 10 years.

More adoptions and developments will just lead for an increase of bitcoin usage as a currency.

If that is the case, bitcoin price will not that go for a surge even for many years as coins will now be on a regular circulation in the world of currency.
Not exactly, more usage=more users=new users=more bitcoin purchases= more expensive bitcoin. More adoption is exactly what we want to push price higher.
Plus, we need more people to know about bitcoin it is the only way to evolve and grow.
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July 26, 2016, 07:18:21 PM

In my eyes a 5 digit number is just not gonna happen its way too much for the bitcoin and it cannot even simply rise to the 1k these days.
Maybe in about 10 years this is possible and even than its the question if it can.

5 digits will not happen in the next two years. But with the help of more adoptions and devleopments, it could happen in 5 to 10 years.

More adoptions and developments will just lead for an increase of bitcoin usage as a currency.

If that is the case, bitcoin price will not that go for a surge even for many years as coins will now be on a regular circulation in the world of currency.
Not exactly, more usage=more users=new users=more bitcoin purchases= more expensive bitcoin. More adoption is exactly what we want to push price higher.
Plus, we need more people to know about bitcoin it is the only way to evolve and grow.

That is true. The more people use the bitcoin, the higher the price it will be. That is the network effect.

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July 27, 2016, 12:26:50 PM

In my eyes a 5 digit number is just not gonna happen its way too much for the bitcoin and it cannot even simply rise to the 1k these days.
Maybe in about 10 years this is possible and even than its the question if it can.

5 digits will not happen in the next two years. But with the help of more adoptions and devleopments, it could happen in 5 to 10 years.

More adoptions and developments will just lead for an increase of bitcoin usage as a currency.

If that is the case, bitcoin price will not that go for a surge even for many years as coins will now be on a regular circulation in the world of currency.
Not exactly, more usage=more users=new users=more bitcoin purchases= more expensive bitcoin. More adoption is exactly what we want to push price higher.
Plus, we need more people to know about bitcoin it is the only way to evolve and grow.

That is true. The more people use the bitcoin, the higher the price it will be. That is the network effect.

I think the $10000 price could be achieved in 3 to 7 years when the bitcoin user number reaches 2 to 5 million.
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