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Question: When to hit $10,000?
Jan 2016 - 3 (1.3%)
Feb 2016 - 1 (0.4%)
Mar 2016 - 3 (1.3%)
April 2016 - 11 (4.8%)
Longer than this - 210 (92.1%)
Total Voters: 228

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Author Topic: When to hit $10,000?  (Read 28156 times)
techgeek
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April 10, 2016, 08:53:29 PM
 #261

If Bitcoin manages to fix the following problems:

  • scalability
  • energy consumption (which leads to high real transaction costs)
  • usability for non-technical minded people

then 10.000 are a possibility in the next 5 years. But in other cases I think the long-term value of BTC is only slightly above the actual price. I predict $500-1000 as the maximum for the second half of 2016, so the poll is very far away from reality (as we are already seeing) Wink.

This is why everyone should have some partner in china lol.

Thats only sensible way to mine, and not by going with just getting a antminer, but getting a way to establish yourself outthere eventually.

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Ulloa
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April 10, 2016, 09:04:12 PM
 #262

Not sure if the price ever will reach 10k. Look at how much trouble we have to go over 500 dollar.
I guess we can hit 5k in a few years but not much higher. The moment it does it makes btc the same as monopoly's money.
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April 10, 2016, 10:03:26 PM
 #263

Your vote thanks  Grin

Please an an option, 'Never'.

I agree with you mate. Perhaps, in my best dreams, the bitcoin price will reach the $2000 level in some years, but even  I  have  several doubts about the continuity of bitcoin in the long run.
lottery248
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April 11, 2016, 01:57:50 AM
 #264

dammit bet for April this year and most likely failed. lol.
for the bitcoin to 10,000 is impossible unless most of the people accepts bitcoin as their alternative.
at least this month can go through 500.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
BombayChicken
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April 11, 2016, 08:47:58 AM
 #265

Your vote thanks  Grin

Please an an option, 'Never'.

I agree with you mate. Perhaps, in my best dreams, the bitcoin price will reach the $2000 level in some years, but even  I  have  several doubts about the continuity of bitcoin in the long run.
It takes a really long time indeed if it will reach the 10.000 but the bad thing is that you have also to wait a really long time with Bitcoin if you want to make some profit with it.
It will never reach the 10.000 I think, you see that the value is now rising slowly and difficulty so that is not good for the people who already have some Bitcoins.
BitsandBites
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April 11, 2016, 09:19:41 AM
 #266

This is not going to happen any time soon. We are just to far away from $10,000. We are now at just around $400 the deference is just to big at the moment. It can happen later on in the future but not right now. 
BombayChicken
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April 11, 2016, 02:54:49 PM
 #267

The hard thing is that you never know when it will reach and for how long so that is difficult and risky, but the chance is really small that it can happen or it must jump.
If it is going to jump than many people will be happy so they can sell it with a huge profit.
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April 11, 2016, 03:01:22 PM
 #268

This is not going to happen any time soon. We are just to far away from $10,000. We are now at just around $400 the deference is just to big at the moment. It can happen later on in the future but not right now. 

It will take a long time to hit that price as it seems to impossible for next couple of months, it can reach there only if there is mass adoption in future.
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April 11, 2016, 03:02:32 PM
 #269

This is not going to happen any time soon. We are just to far away from $10,000. We are now at just around $400 the deference is just to big at the moment. It can happen later on in the future but not right now. 

I think so too, because the actual price is really far away from $10k and that's need long time and waiting till reaching this level . In the other hand, i think that Bitcoin price will increase again may be it could reach 1000$ soon.
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April 11, 2016, 03:07:58 PM
 #270

It will take some time before the bitcoin is gonna hit the 10k most likely it will take a lot of years because its not as easy as the most people are saying in my opinion.
The bitcoin is something that is not something that can reach, it would firstly need a lot more users to succeed with this right ?
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April 12, 2016, 04:33:02 AM
 #271

It will take some time before the bitcoin is gonna hit the 10k most likely it will take a lot of years because its not as easy as the most people are saying in my opinion.
The bitcoin is something that is not something that can reach, it would firstly need a lot more users to succeed with this right ?



It is really impossible for bitcoin to reach that price and wont be reaching it unless all people are using bitcoin and companies have already join the use of bitcoin.
Yakamoto
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April 12, 2016, 04:40:16 AM
 #272

It will take some time before the bitcoin is gonna hit the 10k most likely it will take a lot of years because its not as easy as the most people are saying in my opinion.
The bitcoin is something that is not something that can reach, it would firstly need a lot more users to succeed with this right ?



It is really impossible for bitcoin to reach that price and wont be reaching it unless all people are using bitcoin and companies have already join the use of bitcoin.
I think it is possible to hit $10k towards the end of the Bitcoin halving cycles, but we're taking about 208x here, nothing soon.

Maybe we can get there closer if inflation goes nuts, but you never know.
Hashminers
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April 12, 2016, 08:47:06 AM
 #273

This is not going to happen any time soon. We are just to far away from $10,000. We are now at just around $400 the deference is just to big at the moment. It can happen later on in the future but not right now. 

I think so too, because the actual price is really far away from $10k and that's need long time and waiting till reaching this level . In the other hand, i think that Bitcoin price will increase again may be it could reach 1000$ soon.
Yeah it is possible for Bitcoin to hit $1000 bit $10,000 is just to far away from were we are now. We have to see things like $1000 and $2000 before we start talking about $10,000.
AsaroUk
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April 12, 2016, 08:55:53 AM
 #274

Your vote thanks  Grin

Please an an option, 'Never'.

I agree with you mate. Perhaps, in my best dreams, the bitcoin price will reach the $2000 level in some years, but even  I  have  several doubts about the continuity of bitcoin in the long run.
Yes indeed, it is almost not possible that it can reach that value, you already can see that the value is now not even rising even the halving is coming so that is already bad.
It is good that many people are positive but we have to be realistic and dont dream.
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April 13, 2016, 09:20:51 PM
 #275

If Bitcoin manages to fix the following problems:

  • scalability
  • energy consumption (which leads to high real transaction costs)
  • usability for non-technical minded people

then 10.000 are a possibility in the next 5 years. But in other cases I think the long-term value of BTC is only slightly above the actual price. I predict $500-1000 as the maximum for the second half of 2016, so the poll is very far away from reality (as we are already seeing) Wink.

Even the best case scenario can't make the price reach $10,000 levels in 5 years (if ever). Where are the billions of dollars that we need to support a much higher price? Without this money not much will happen, and it allows semi whales to dump down the price easily.
Finally some reasonable posts in this thread. Good to see that I am not alone with my feet still on Earth and not out there on the moon.
$10k is a long way from here, if at all, and if and only if, the three points d5000 mentioned will be fully in place. For now these price levels are pure sci-fi.

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April 14, 2016, 03:17:59 AM
 #276

I agree from 1000$ it will face heavy sell off
but some $800 or $700 only possible
then it will bounce back to $2000 for sure
luciann
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April 14, 2016, 11:37:38 PM
 #277

10.000$ is really high price, i don't know if Bitcoin will reach this price soon, but it's of course not simple.

$10000 is really high, but such a big rise can be expected only when users can mass adoption take place in accordance to the time period of existence.

I can see the adoption only because we seen how responsive the bitcoin debit card has been.

And overall people like the fact they use bitcoin offline using it with their debit cards, so I can see the same for the non-informed person.

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April 15, 2016, 09:39:15 AM
 #278

I agree from 1000$ it will face heavy sell off
but some $800 or $700 only possible
then it will bounce back to $2000 for sure
Yeah I thought reaching $1000 means it is a great amount, I can't imagine $10,000, I don't know when it may happen. If it happen sure we all can become rich within a very short period.

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April 15, 2016, 01:53:16 PM
 #279

It will take a long time until it will reach that value and that is because the value is now stable for a long time and there are lot of people that is mad because of gambling.
But it would be nice if there will be more people that will have some profit, but it cant reach that value soon.
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April 16, 2016, 02:20:33 PM
 #280

It will take a long time until it will reach that value and that is because the value is now stable for a long time and there are lot of people that is mad because of gambling.
But it would be nice if there will be more people that will have some profit, but it cant reach that value soon.

will not happen. Anyhow the next years will not happen. I also think the value it goes up.
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