Newcoins2020
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February 08, 2016, 10:09:30 AM |
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I think it will never happen, I think its to much to ask from the bitcoin. I think it just to much, maybe it will rise to a high amount but not such a high amount.
Indeed, it will not happen its to much for the bitcoin 10k is the max. Maybe it will not even survive 10 years. The bitcoin is unpredictable, but its will never reach the 100k.
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Dekker3D
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February 08, 2016, 10:12:52 AM |
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I don't think we can even hit $10000. At $1000, most will go to altcoins as a cheaper alternative plus there will be a lot of Sell orders once it hits a thousand bucks.
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romero121
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February 08, 2016, 10:36:01 AM |
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Its just like a currency that we use in our day to day life. Its not a commodity or property that goes high when there is demand. So any time its not gonna reach the value $100000 which has been predicted by only few speculators.
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NordicRanger
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February 08, 2016, 12:31:28 PM |
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I think it will never happen, I think its to much to ask from the bitcoin. I think it just to much, maybe it will rise to a high amount but not such a high amount.
Indeed, it will not happen its to much for the bitcoin 10k is the max. Maybe it will not even survive 10 years. The bitcoin is unpredictable, but its will never reach the 100k. True, Bitcoin is very difficult to predict. But I think he's going to get 100,000 disagree. I think up to 10,000. But then again you never know what can happen with Bitcoins.
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randy8777
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February 08, 2016, 01:28:12 PM |
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I don't think we can even hit $10000. At $1000, most will go to altcoins as a cheaper alternative plus there will be a lot of Sell orders once it hits a thousand bucks.
the $10,000 price level looks like it is a million miles away at this point, let alone $100,000. but i find the $10,000 to be somewhat of a realistic price target after 10-15 years. bitcoin will either go up to insanely high price levels, or it will end up being nearly worthless. i definitely think the first scenario will be reality at some point in the future.
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disclaimer201
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February 08, 2016, 05:37:32 PM |
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Bitcoin will go up to $100.000 the moment USD loses most of its value due to United States insolvency, loss of the petro dollar, socio-economic unrest, or the effects of "quantitative easing". Although this could happen, but it rather unlikely in the near future.
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Mr.grin
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February 08, 2016, 06:00:25 PM |
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I guess it will not be until this year, it was too far from the target bitcoin, bitcoin is currently not pass the price of $ 500. but I think this year will reach the highest price of $ 1000, probably by the end of 2016
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paffie
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February 08, 2016, 06:02:04 PM |
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by 2021, i'd be surprised if the price passed the $50,000 mark...
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ivanst776
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February 08, 2016, 09:25:08 PM |
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What year will Bitcoin reach $100,000? Most people have less than 10 Bitcoins and this could be life changing, compared to it reaching $10,000. I feel like bitcoin can hit $10,000 by 2016 and $100,000 by 2017. What I do know is that it'll be an interesting ride! Since in 2020 is the halving period i expect that bitcoin will rise a year after 2020 and 100k it's really a high amount.
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richardsNY
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February 08, 2016, 09:36:03 PM |
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by 2021, i'd be surprised if the price passed the $50,000 mark...
2021 is just 5 years away from now. I don't think we'll even see the price touch $5000 within 5 years, let alone $50,000 as that is simply not a realistic price to happen in a matter of some years.
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Ruzka
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February 08, 2016, 11:30:23 PM |
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Its just like a currency that we use in our day to day life. Its not a commodity or property that goes high when there is demand. So any time its not gonna reach the value $100000 which has been predicted by only few speculators.
It is indeed a digital currency. When there is demand for something regardless of what that is, there will be a price increase. How much depends how much demand there is, that is the only time it can break 1000k+. 100K will never happen.
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arbitrage
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February 08, 2016, 11:53:11 PM |
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We probably will never see this price! Imagine 500 time more money involved in bitcoin in next 5 years.. No, maybe from 3 to 10 times and this will be great!
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mrhelpful
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February 09, 2016, 01:27:30 AM |
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I don't think we can even hit $10000. At $1000, most will go to altcoins as a cheaper alternative plus there will be a lot of Sell orders once it hits a thousand bucks.
I think we can seeing the prices are now closer to $400 mark. I mean yeah its going to take time obviously, like how our current price is been holding up. It`ll take probably another 6-10 years maybe.
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bitcoin-hunter
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February 09, 2016, 08:02:44 AM |
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I think that does not exist this year. I honestly think that it will not go that high. I think the effect that it will be worth more.
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MaritiJames3
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February 09, 2016, 08:40:56 AM |
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I think it will never hit the amount of 100k its too much for the bitcoin, I think the bitcoin will rise to a high amount but not such a high amount. I think its also unpredictable, so we have to see what the future will bring us.
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arbitrage
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February 09, 2016, 12:59:24 PM |
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We must admit 400$ for one bitcoin is very good price. If you look back few years ago bitcoin was 100 times lower, dont forget that. This is already Bitcoin outbreak!
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DaveJones
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February 10, 2016, 12:48:16 AM |
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I'll be sitting on a beach, retired when it hits $5000.
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gentlemand
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February 10, 2016, 12:56:16 AM |
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Its just like a currency that we use in our day to day life. Its not a commodity or property that goes high when there is demand. So any time its not gonna reach the value $100000 which has been predicted by only few speculators.
There's a strong possibility that it will become a commodity in which case all bets are off when it comes to values. I'd say the ratio of 'currency' users is dwarfed by those with the expectation that it'll increase their buying power
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shogdite
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February 10, 2016, 03:05:13 AM |
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by 2021, i'd be surprised if the price passed the $50,000 mark...
2021 is just 5 years away from now. I don't think we'll even see the price touch $5000 within 5 years, let alone $50,000 as that is simply not a realistic price to happen in a matter of some years. There was people thinking Btc would never reach $1,$5, $10 then $50, $100, $200 $500, $1000. My point obviously surprises can and will happen. Personally i dont think it will reach 100k because my financial luck has never been great so i cant see a simple investment of a few k turning me in to a millionaire.If it does reach it like a few others have said times would be very bad for the economy and the $ would be pretty much worthless. im happy where it is now to be honest.
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gentlemand
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February 10, 2016, 03:21:16 AM Last edit: February 10, 2016, 03:40:26 AM by gentlemand |
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Perhaps a relevant question is - what would a $100,000 price actually mean? Then you might get a clearer idea of the year.
For starters it would surely have to mean that every conceivable issue that Bitcoin currently has - actually understanding what it is, its benefits, distribution, security, acceptance, legality, use of resources, centralisation, governance - is solved to the satisfaction of a huge chunk of the global population.
That's a lot of stuff to clear up in anything approaching a short space of time.
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