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Author Topic: Five digits  (Read 11906 times)
takingthis4
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July 27, 2016, 12:44:04 PM
 #161

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.
i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days
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July 28, 2016, 04:28:26 PM
 #162

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.
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July 29, 2016, 09:34:20 AM
 #163

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.

I think the new all time high could be reach in 12 to 24 months. Earlier than that could mean a price bubble.

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July 29, 2016, 10:22:38 AM
 #164

5 digits, Jeez I don't know. I can't see it becoming a reality any time soon. We're probably looking at 5 years plus unless we see some real, mass adoption.

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July 29, 2016, 10:57:59 AM
 #165

5 digits, Jeez I don't know. I can't see it becoming a reality any time soon. We're probably looking at 5 years plus unless we see some real, mass adoption.
The factors like increased bitcoin adoption and acceptance, rapidly growing interest in blockchain technology and increased demand from China due to a weakening economy and currency will contribute to the rise of bitcoin and make it touch four digit value. 5 digits is even so far.


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July 30, 2016, 02:17:04 PM
 #166

5 digits, Jeez I don't know. I can't see it becoming a reality any time soon. We're probably looking at 5 years plus unless we see some real, mass adoption.
The factors like increased bitcoin adoption and acceptance, rapidly growing interest in blockchain technology and increased demand from China due to a weakening economy and currency will contribute to the rise of bitcoin and make it touch four digit value. 5 digits is even so far.

The inflation in China is quite high at the moment. So people will buy the bitcoin to hedge the inflation.
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July 30, 2016, 03:19:08 PM
 #167

5 digits, Jeez I don't know. I can't see it becoming a reality any time soon. We're probably looking at 5 years plus unless we see some real, mass adoption.
The factors like increased bitcoin adoption and acceptance, rapidly growing interest in blockchain technology and increased demand from China due to a weakening economy and currency will contribute to the rise of bitcoin and make it touch four digit value. 5 digits is even so far.

The inflation in China is quite high at the moment. So people will buy the bitcoin to hedge the inflation.
hopefully it is able to make bitcoin prices to be higher, but I guess the price will not be up to five digits. maybe this time we just have to hope that it will bring the price of bitcoin into 4 digit, or over $ 1000, if it really happened this year, maybe it will trigger the development of a broader bitcoin


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July 31, 2016, 09:02:08 AM
 #168

5 digits, Jeez I don't know. I can't see it becoming a reality any time soon. We're probably looking at 5 years plus unless we see some real, mass adoption.
The factors like increased bitcoin adoption and acceptance, rapidly growing interest in blockchain technology and increased demand from China due to a weakening economy and currency will contribute to the rise of bitcoin and make it touch four digit value. 5 digits is even so far.

The inflation in China is quite high at the moment. So people will buy the bitcoin to hedge the inflation.
hopefully it is able to make bitcoin prices to be higher, but I guess the price will not be up to five digits. maybe this time we just have to hope that it will bring the price of bitcoin into 4 digit, or over $ 1000, if it really happened this year, maybe it will trigger the development of a broader bitcoin

The $1000 could be reached in December this year. But it is more likely to be around $900 to $950 range.
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July 31, 2016, 09:53:16 AM
 #169

I don't think Bitcoin will ever see price in five digit because there is nothing such thing which can make it so much valuable. It was best time to see this happening 2-3 years ago when there was increase which took price to all time high. Bitcoin's fair price will take it to a maximum of 2000 $ in my opinion without exaggeration in coming years. This is too much to think a Bitcoin worth of $10000.
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July 31, 2016, 10:43:56 AM
 #170

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.

I think the new all time high could be reach in 12 to 24 months. Earlier than that could mean a price bubble.

but if the price started to increase within a month or two from now then I think it will be a permanent bubble and from that the price increase will start once again, and after that till the end of the year or maybe in the next year it will reach to a peak of stability.

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July 31, 2016, 11:42:39 AM
 #171

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.

I think the new all time high could be reach in 12 to 24 months. Earlier than that could mean a price bubble.

but if the price started to increase within a month or two from now then I think it will be a permanent bubble and from that the price increase will start once again, and after that till the end of the year or maybe in the next year it will reach to a peak of stability.
A bubble is not permanent and permanent is not bubble, the current price is real and not just bubble that would easily disappear. I believe the price will increase but will not reach 5 digits this year alone and I am even doubting if it will reach at least 4 digits before year ends.



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July 31, 2016, 08:21:14 PM
 #172

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.
yeah, the price is definitely not going to grow that fast even though we might see some small increases in price but definitely not that big

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August 01, 2016, 09:50:36 AM
 #173

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.
yeah, the price is definitely not going to grow that fast even though we might see some small increases in price but definitely not that big

In the short term, the bitcoin price could still be around $700 in the next 6 to 10 weeks. But after that, the price will rise.
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August 03, 2016, 07:36:17 AM
 #174

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.
yeah, the price is definitely not going to grow that fast even though we might see some small increases in price but definitely not that big

In the short term, the bitcoin price could still be around $700 in the next 6 to 10 weeks. But after that, the price will rise.

You might be right in the long term. The bitcoin price could trade at $500 in the short term after the hack.
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August 03, 2016, 11:11:47 AM
 #175

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.
yeah, the price is definitely not going to grow that fast even though we might see some small increases in price but definitely not that big

In the short term, the bitcoin price could still be around $700 in the next 6 to 10 weeks. But after that, the price will rise.

You might be right in the long term. The bitcoin price could trade at $500 in the short term after the hack.

It is very probably for the bitcoin price to trade around the $500 range in the next few weeks.
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August 05, 2016, 04:19:21 PM
 #176

i think you might be right, i believe such price will be reached sooner or later, besides that in my opinion we will reach a new all time high in like 30 days

Did you say net all time high in 30 days? I think it is not possible. If that is the case, that will be a big bubble.
yeah, the price is definitely not going to grow that fast even though we might see some small increases in price but definitely not that big

In the short term, the bitcoin price could still be around $700 in the next 6 to 10 weeks. But after that, the price will rise.

You might be right in the long term. The bitcoin price could trade at $500 in the short term after the hack.

It is very probably for the bitcoin price to trade around the $500 range in the next few weeks.

The bitcoin price is already $570 now. It could trade between $550 to $650 in the next few months.

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August 05, 2016, 04:35:35 PM
 #177

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.
such price will be reached definitely way faster as a lot of people will be buying their coins pretty soon as more and more people come to bitcoin, i would predict such price in 2 years

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August 05, 2016, 09:49:12 PM
 #178

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.
such price will be reached definitely way faster as a lot of people will be buying their coins pretty soon as more and more people come to bitcoin, i would predict such price in 2 years

This can happen, but I am not counting on it... ever. Sure potential is great, but come on on 10k. At this moment the distance is to far and yes time will maek it up.
But never to 10k. At least i don't believe it.


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August 05, 2016, 11:24:02 PM
 #179

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.
such price will be reached definitely way faster as a lot of people will be buying their coins pretty soon as more and more people come to bitcoin, i would predict such price in 2 years

This can happen, but I am not counting on it... ever. Sure potential is great, but come on on 10k. At this moment the distance is to far and yes time will maek it up.
But never to 10k. At least i don't believe it.

For that to happen we need wealthy people to take a position into Bitcoin as investment, and as store of wealth. Only then we may have a chance to go higher than $2000-$3000 levels. And then I'm not even talking about prices of $10,000 and higher. That's not part of the story yet. First $1000, then $2000, then $3000, and so on. After that we'll see what will happen.

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August 06, 2016, 01:55:27 PM
 #180

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.
such price will be reached definitely way faster as a lot of people will be buying their coins pretty soon as more and more people come to bitcoin, i would predict such price in 2 years

This can happen, but I am not counting on it... ever. Sure potential is great, but come on on 10k. At this moment the distance is to far and yes time will maek it up.
But never to 10k. At least i don't believe it.

For that to happen we need wealthy people to take a position into Bitcoin as investment, and as store of wealth. Only then we may have a chance to go higher than $2000-$3000 levels. And then I'm not even talking about prices of $10,000 and higher. That's not part of the story yet. First $1000, then $2000, then $3000, and so on. After that we'll see what will happen.
That's true, one step at a time fellas don't be too excited as we will totally reach that level in due time. That will happen in the future if we will continue to support bitcoin as we are one of the supporters who will make bitcoin a success.



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