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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)
uki
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April 16, 2016, 06:26:52 PM
 #281

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.
value is stable for long time? since mid-January it is long time? Come on, give me a break.

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April 17, 2016, 04:46:18 AM
 #282

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.

Yes you are correct that it wont happen and never will be,10k is far from happening no matter what kind of speculation you go trough.
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April 17, 2016, 12:30:32 PM
 #283

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.

Yes you are correct that it wont happen and never will be,10k is far from happening no matter what kind of speculation you go trough.
$10k is a sci-fi section value, unless we go to a scenario of global financial meltdown that would destroy all fiat currencies, dollar included. Even then, I am not sure if Bitcoin (at its current development stage) would be the currency of choice. At  the moment the 'ancient barbarian relics' called gold and silver have much bigger recognition world-wide and thus better chances to be the emergency money. But the chances that such a scenario will happen are relatively low.

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April 17, 2016, 12:36:22 PM
 #284

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.

Yes you are correct that it wont happen and never will be,10k is far from happening no matter what kind of speculation you go trough.
$10k is a sci-fi section value, unless we go to a scenario of global financial meltdown that would destroy all fiat currencies, dollar included. Even then, I am not sure if Bitcoin (at its current development stage) would be the currency of choice. At  the moment the 'ancient barbarian relics' called gold and silver have much bigger recognition world-wide and thus better chances to be the emergency money. But the chances that such a scenario will happen are relatively low.

Let's pretend the economy in the world crashes down and all fiat currencies go down in value by a lot. If Bitcoin at that time reaches a price of $10,000, then that doesn't mean anything as fiat by that time is barely worth anything. Even if it reaches $10,000, then the real (non-economy crash) value would most likely be around $700-$1000 eventhough the price is sitting at $10,000. As you say, people will then most likely switch to precious metals as Gold and Silver.
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April 17, 2016, 12:37:22 PM
 #285

...
$10k is a sci-fi section value, unless we go to a scenario of global financial meltdown that would destroy all fiat currencies, dollar included. Even then, I am not sure if Bitcoin (at its current development stage) would be the currency of choice. At  the moment the 'ancient barbarian relics' called gold and silver have much bigger recognition world-wide and thus better chances to be the emergency money. But the chances that such a scenario will happen are relatively low.

No - it is just a bubble scenario. Nothing unsual actually.
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April 17, 2016, 12:51:54 PM
 #286

I dont think it will hit 10k for longer period of time or maybe will not ever gonna happen.
There wont be any reason or scenario that would take it to that price.
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April 17, 2016, 08:57:10 PM
 #287

...
$10k is a sci-fi section value, unless we go to a scenario of global financial meltdown that would destroy all fiat currencies, dollar included. Even then, I am not sure if Bitcoin (at its current development stage) would be the currency of choice. At  the moment the 'ancient barbarian relics' called gold and silver have much bigger recognition world-wide and thus better chances to be the emergency money. But the chances that such a scenario will happen are relatively low.

No - it is just a bubble scenario. Nothing unsual actually.
I would say the most bubblish scenario I can imagine does not exceed $2-3k at the peak value. This value comes from cycles analysis: we have finished two full 3 year cycles with either 1000 or 100 fold increase at the peak (from the start of the cycle), and thus the next one is supposed to have 10 fold increase from $250ish.

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techgeek
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April 17, 2016, 10:19:34 PM
 #288

...
$10k is a sci-fi section value, unless we go to a scenario of global financial meltdown that would destroy all fiat currencies, dollar included. Even then, I am not sure if Bitcoin (at its current development stage) would be the currency of choice. At  the moment the 'ancient barbarian relics' called gold and silver have much bigger recognition world-wide and thus better chances to be the emergency money. But the chances that such a scenario will happen are relatively low.

No - it is just a bubble scenario. Nothing unsual actually.

Pretty much on point there.

Its a similar case when manipulated events happen to make these prices rise like in 2012 mt.gox exchange. So if an exchange does shady acts in the same nature, Id see those prices.

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April 18, 2016, 02:46:51 PM
 #289

We now that it is not going to happen this year or even next year we are just far away from it. We have not even hit the thousand yet and are still in the hundreds.
It would be pretty rare to jump from $500 the current price to $10,000. We would at least have to wait another 10 years or so.
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April 18, 2016, 04:37:38 PM
 #290

We now that it is not going to happen this year or even next year we are just far away from it. We have not even hit the thousand yet and are still in the hundreds.
It would be pretty rare to jump from $500 the current price to $10,000. We would at least have to wait another 10 years or so.

It will take more than 10000$ in the year 2040. Mostly I have saw many speculations which is indicating this thing only. even satoshi's speculations is also same OP said. Oneday I will reach soon...
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April 18, 2016, 05:48:19 PM
 #291

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.

Indeed, it will take a very long time to even reach the 2000 dollar so 10k is still very far away in my opinion its even the question if we gonna make this happen.
I honestly do not think it will ever hit this amount, its just too much.
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April 18, 2016, 08:29:50 PM
 #292

10000 is such a high number, I think its gonna be very difficult to reach this number to be honest.
10k its a very large amount and I even think we never gonna hit it, due to the future the price is gonna rise to a high amount but 10k is just too much for the whole future of the bitcoin itself.
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April 18, 2016, 08:40:33 PM
 #293

...
$10k is a sci-fi section value, unless we go to a scenario of global financial meltdown that would destroy all fiat currencies, dollar included. Even then, I am not sure if Bitcoin (at its current development stage) would be the currency of choice. At  the moment the 'ancient barbarian relics' called gold and silver have much bigger recognition world-wide and thus better chances to be the emergency money. But the chances that such a scenario will happen are relatively low.

No - it is just a bubble scenario. Nothing unsual actually.

Pretty much on point there.

Its a similar case when manipulated events happen to make these prices rise like in 2012 mt.gox exchange. So if an exchange does shady acts in the same nature, Id see those prices.
The scale of manipulation would have to be much bigger than that of Mt. Gox to move us from here to $10k (25 fold growth). It is very, very unlikely in my opinion.

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co5hike
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April 18, 2016, 09:28:24 PM
 #294

Looking at the present price of bitcoin I think its not easy to hit $10k very easily, as it will take a long time and really don't know whether it is achieveable or not in coming years.
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April 18, 2016, 09:40:35 PM
 #295

I was 127 voice for longer than this, so I think many of us here agree about that.
We will need more then 10 years for sure to see that price. Anything before that will be a big surprise in my humble opinion.



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April 18, 2016, 09:47:06 PM
 #296

I was 127 voice for longer than this, so I think many of us here agree about that.
We will need more then 10 years for sure to see that price. Anything before that will be a big surprise in my humble opinion.
While it's true that 10'000 dollars per BTC is an astronomical price, 10 years is an astronomical time when dealing with crypto-currencies. BTC is only 8 years old; and starting from zero is much slower.
I belive that in 10 years time BTC will be either dead or super-valuable... there will be 2 more halvings in the next 10 years!!
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April 18, 2016, 10:14:10 PM
 #297

Looking at the present price of bitcoin I think its not easy to hit $10k very easily, as it will take a long time and really don't know whether it is achieveable or not in coming years.

If you ask 100 realistic people here if they think the price will reach $10,000 in the coming years, then they will most likely think it won't even happen, ever. It's better to ask the question; When to hit $1000 again? No need to think about anything greater than $1000 while we haven't even touched it.
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April 19, 2016, 05:32:19 AM
 #298

I was quite dubious bitcoin figure could reach 10,000 USD. The most realistic is bitcoin touched the figure of 1,000 USD. but once again, the world bitcoin is a remarkable world. there is no single person who can predict anything can happen against bitcoin.
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April 19, 2016, 06:39:52 AM
 #299

Even to touch 1000$ price its hard for bitcoin as looking at the price manipulation going on. So i dont think price will ever touch 10000$. So oon my opinion price will never reach that level.

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April 19, 2016, 08:55:43 AM
 #300

It will never reach the $10.000 I think because the value now is for a long time stable and that is bad for the most people who are waiting for a price increase because they want to make profit.
And that is logic that they want to make profit but they have to wait a longer time until it will be higher.
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