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Author Topic: Five digits  (Read 11907 times)
Amph
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November 22, 2015, 03:20:41 PM
 #61

We have all got used to the 300s now. It's boring again. Ha ha

It may be boring but it's better to have a stable $300 rather than an unsteady $200.

Hopefully we can hit the 5 digits sometime next year

200 was very stable actually, 10 months straight with that price, let's see if this 300 is at least half as a stable, before judging

but i don't want another 10 months of stagnation, if we can go to a much higher value it will be confirmed that 300 was rock solid anyway
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November 22, 2015, 03:32:02 PM
 #62

5 digits will be something we get maybe in a few users.

4 digits will be something for 2016. I predict we will reach it end of 2016 or maybe mid 2017
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November 22, 2015, 04:14:27 PM
 #63

Maybe in 3 years. Wait better yet make it 5 years.

330 to 10K is like 30 times, perhaps 10 years is a better prediction.

The last bubble was 200 usd to 1200, that's 6 times and it hold only for a few weeks.
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November 22, 2015, 11:16:31 PM
 #64

Maybe in 3 years. Wait better yet make it 5 years.

330 to 10K is like 30 times, perhaps 10 years is a better prediction.

The last bubble was 200 usd to 1200, that's 6 times and it hold only for a few weeks.

The first bubble was .01 to 1200 in less than a few years.  Don't doubt the crazy fluctuations.  Everyone that doubted sold early and they're kicking themselves today.  I've noticed when bitcoin falls, it's generally gradual, but when it rises it can happen very quickly.  330 to 10k could happen in less than a year, it just depends on the external financial climates.

I don't see this happen..
Quadripples happen on gambling sites, not with trusted e-money like bitcoin, at most we are looking to go back to 1200 again (for 1 year)
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November 23, 2015, 08:00:27 AM
 #65

5 digits are quite a lot of money. It will only happen after several years of adoption and more people use bitcoin.
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November 23, 2015, 08:04:50 AM
 #66

We had a test pump to 500..

Get your facts straight.

Stop being extremists about the price of BTC, ffs. You act like terrorists, when someone has a different opinion than you.
Not sure if you have agendas, or you're just bored trolls, lol.

Just hold your bits and enjoy while you accumulate 'em.

I doubt we'll see 5 digits in the next 5 years, at least. But it's possible to see $2k in 1 year from now.
Halving will play a significant role in BTC's price, no matter what you think.
MM will push it to the ceiling before halving, so people go full retard FOMO mode, like they've always been doing.
That's when media jumps on the hype train.

Just my 2 satoshis.

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January 06, 2016, 11:57:58 AM
 #67

Maybe in 3 years. Wait better yet make it 5 years.

330 to 10K is like 30 times, perhaps 10 years is a better prediction.

The last bubble was 200 usd to 1200, that's 6 times and it hold only for a few weeks.

If the price rise 50% a year, it will take about 8 years to reach 5 digits. But the price of bitcoin is not stable.



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January 06, 2016, 01:18:34 PM
 #68

Maybe in 3 years. Wait better yet make it 5 years.

330 to 10K is like 30 times, perhaps 10 years is a better prediction.

The last bubble was 200 usd to 1200, that's 6 times and it hold only for a few weeks.

If the price rise 50% a year, it will take about 8 years to reach 5 digits. But the price of bitcoin is not stable.

Indeed, it raised 60% in the last 6 months alone. And this was not the bubble I was talking about, i feel like we're still going sideways....

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January 06, 2016, 02:50:40 PM
 #69

I think the price of bitcoin will go up in the end of december and in the beginning of year 2016. This rise will be in anticipation of the next halving, then in the middle of the 2016, the price will skyrocket to the 2000-5000$ zone.

You are pretty sure of that, aren't you? Smiley If we ever going to reach five digit prices then it will take at least 10 years from now. In that time you will see a lot early adopters dump a huge part of their coins to cash out. There are enough people with thousands of coins and even tens of thousands of coins in their wallets.

The higher the price will be, the weaker the buy walls will become. If for example you place a buy wall of 6700BTC at $300 to support the price, which is worth just over $2 million currently, it will offer a much better support than when the price per Bitcoin for example is $10,000. Then the $2 million buy wall will translate in just 200 Bitcoins. Early adopters and large holders will then easily eat through any active buy order with their thousands of coins.

While i do not see 10k$ coins in a year, people tend to forget one thing: IF bitcoin is at 10k$, you might not need to "sell" for dollars anymore, to take "profit". You can just use bitcoins directly to use on whatever you would use dollars on it. With that huge price rise, bitcoin will be accepted AS IS directly by a lot, and i mean in a LOT of economic exchange directly (merchants try to grab some, because their suppliers demands it instead of fiat, people selling their houses for btc, etc) and stays inside the bitcoin ecosystem, without ever transferring back to "fiat land" again. So, we might not need strong "buy walls" anymore, since 1 bitcoin gonna be simply 1 bitcoin, and not really stepping in fiat land any more.
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January 06, 2016, 03:09:26 PM
 #70

I think the price of bitcoin will go up in the end of december and in the beginning of year 2016. This rise will be in anticipation of the next halving, then in the middle of the 2016, the price will skyrocket to the 2000-5000$ zone.

You are pretty sure of that, aren't you? Smiley If we ever going to reach five digit prices then it will take at least 10 years from now. In that time you will see a lot early adopters dump a huge part of their coins to cash out. There are enough people with thousands of coins and even tens of thousands of coins in their wallets.

The higher the price will be, the weaker the buy walls will become. If for example you place a buy wall of 6700BTC at $300 to support the price, which is worth just over $2 million currently, it will offer a much better support than when the price per Bitcoin for example is $10,000. Then the $2 million buy wall will translate in just 200 Bitcoins. Early adopters and large holders will then easily eat through any active buy order with their thousands of coins.

While i do not see 10k$ coins in a year, people tend to forget one thing: IF bitcoin is at 10k$, you might not need to "sell" for dollars anymore, to take "profit". You can just use bitcoins directly to use on whatever you would use dollars on it. With that huge price rise, bitcoin will be accepted AS IS directly by a lot, and i mean in a LOT of economic exchange directly (merchants try to grab some, because their suppliers demands it instead of fiat, people selling their houses for btc, etc) and stays inside the bitcoin ecosystem, without ever transferring back to "fiat land" again. So, we might not need strong "buy walls" anymore, since 1 bitcoin gonna be simply 1 bitcoin, and not really stepping in fiat land any more.
[/quote

True 5 digits is a thing for the future. Even if we had a super pump we would not go to 10k since it is too high.
But with steady development, news and investors the prices will go there eventually
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January 06, 2016, 03:42:23 PM
 #71

5 digits will be something we get maybe in a few users.

4 digits will be something for 2016. I predict we will reach it end of 2016 or maybe mid 2017
to see the progress we may have to wait a few months longer, is it really going to achieve 4-digit or not, the point still believe and hold bitcoin that we have because if we sell it at the same time will make the others panic and sell bitcoin they have so can lower the price of bitcoin

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January 06, 2016, 03:50:18 PM
 #72

Maybe in 3 years. Wait better yet make it 5 years.

330 to 10K is like 30 times, perhaps 10 years is a better prediction.

The last bubble was 200 usd to 1200, that's 6 times and it hold only for a few weeks.

If the price rise 50% a year, it will take about 8 years to reach 5 digits. But the price of bitcoin is not stable.

there was an increase of x4000 since bitcoin is born, in 7 years, from january 2009, if we expect it again, it mean that in 2023, basically before the third halving from now, there will be another x4000, and you know what this mean for value...
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January 06, 2016, 06:13:14 PM
 #73

Maybe in 3 years. Wait better yet make it 5 years.

330 to 10K is like 30 times, perhaps 10 years is a better prediction.

The last bubble was 200 usd to 1200, that's 6 times and it hold only for a few weeks.

If the price rise 50% a year, it will take about 8 years to reach 5 digits. But the price of bitcoin is not stable.

there was an increase of x400 since bitcoin is born, in 7 years, from january 2009, if we expect it again, it mean that in 2023, basically before the third halving from now, there will be another x4000, and you know what this mean for value...
before halving we will see another x4000? why not after halving because in my opinion big increase will happened after halving
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January 06, 2016, 06:19:26 PM
 #74

With many new bitcoins mined and more investors it's hard to pump the price to even 4 digits, let alone 5 digits.
It's the reason why the pump to 500 dollar failed so hard.
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January 07, 2016, 02:27:41 PM
 #75

With many new bitcoins mined and more investors it's hard to pump the price to even 4 digits, let alone 5 digits.
It's the reason why the pump to 500 dollar failed so hard.

I don't think it's too hard to pump to five digits by considering the upcoming block reward halving. Once bitcoin hit its previous high level of $1000, it will start attract to new users as well as new investments. It will automatically take bitcoin into new higher price like $10k.

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January 07, 2016, 02:33:44 PM
 #76

I would like to see 5 digits with bitcoin.
I don't think that will happen soon. I think we will just be around the 400 to 800 dollars for now.
We will see what this year will give.
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January 07, 2016, 02:54:09 PM
 #77

That is what I was hoping when I was starting with bitcoin.
We will see if bitcoin can reach to five digits.
I think it can go that high, but I am not that sure if it will happen in 5 year.
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January 07, 2016, 02:59:36 PM
 #78

That is what I was hoping when I was starting with bitcoin.
We will see if bitcoin can reach to five digits.
I think it can go that high, but I am not that sure if it will happen in 5 year.

I do believe that bitcoin will grow to 5 digits but it will take a couple of years to see this happen, bitcoin isn't even in the 4 digits so we can't expect to see this happening this year.

Even some people say here that bitcoin will stabilize at 1k this year, I don't see this happening either. Yes I do believe bitcoin wil lreach 4 digits this year but it won't be a stable one.
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January 07, 2016, 04:08:12 PM
 #79

That is what I was hoping when I was starting with bitcoin.
We will see if bitcoin can reach to five digits.
I think it can go that high, but I am not that sure if it will happen in 5 year.

I do believe that bitcoin will grow to 5 digits but it will take a couple of years to see this happen, bitcoin isn't even in the 4 digits so we can't expect to see this happening this year.

Even some people say here that bitcoin will stabilize at 1k this year, I don't see this happening either. Yes I do believe bitcoin wil lreach 4 digits this year but it won't be a stable one.

And there goes our hope Tongue Oh well if the price is around 500 dollars is still fine with me.
I am not that concern about the price I am just hoping that bitcoin can survive more than 50 years.
Also that a lot of people will use bitcoin so that bitcoin can be a daily think in the store.
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January 08, 2016, 10:01:35 AM
 #80

That is what I was hoping when I was starting with bitcoin.
We will see if bitcoin can reach to five digits.
I think it can go that high, but I am not that sure if it will happen in 5 year.

I do believe that bitcoin will grow to 5 digits but it will take a couple of years to see this happen, bitcoin isn't even in the 4 digits so we can't expect to see this happening this year.

Even some people say here that bitcoin will stabilize at 1k this year, I don't see this happening either. Yes I do believe bitcoin wil lreach 4 digits this year but it won't be a stable one.

And there goes our hope Tongue Oh well if the price is around 500 dollars is still fine with me.
I am not that concern about the price I am just hoping that bitcoin can survive more than 50 years.
Also that a lot of people will use bitcoin so that bitcoin can be a daily think in the store.

If the bitcoin can survive for more than 50 years, its price will be 6 or 7 digits. Most people will know bitcoin in 20 years.
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