$10,000 per Bitcoin ???

[Ricche]

Tim Draper says bitcoin will hit $10,000 each within 3 years, check out the video:

http://chatwing.com/BITCOINVIDEOS

What do you think the price of bitcoin will be in 3 years?

[Za1n]

It's certainly possible. With the upcoming block halving there will be some immediate pressure on the price once the fresh supply of coins being generated is cut in half. Considering bitcoin has already hit above $1,000 in its short lifespan, I do not think $10,000 is too far-fetched.

If/when that point in time comes, I cannot help to think how many people will look back at the recent $200-$450 range and ask themselves why they didn't buy as much as they could, similarly to how people now sometimes regret not buying back when btc was trading under $20.

For example:

Bitcoin price January 1, 2013: $13.55  People buying at the time "no way bitcoin would ever be worth over $1,000"  $13.55 x 10 x 10 = $1355.00 (came close in Nov 2013)

Recent Bitcoin price: ~$400  People buying at the time "no way bitcoin would ever be worth over $10,000"  $400 x 10 x 10 = $40,000 (hopefully some-point in the future)

[SFR10]

To post the correct link, that you were trying to link to: https://www.youtube.com/watch?v=GMb77Ds-wfQ
He seem to be a reasonable person but I doubt it would reach $10,000 BTCitcoin, per coin in 3 years. It's such a wild guess and as much as I would like this to happen, I doubt it will go all the way up to $10,000 in 3 years but again we never know what could be the factor in future that might affect the price per coin.

[DimensionZ]

Everything is possible but I think it's highly unlikely. The Wall Street gurus proclaimed Bitcoin would be $5000 per coin till Christmas last year but it has been stagnation all year long.

[OgNasty]

I think it isn't unreasonable to predict we'll see bitcoins trading at $2,000-$10,000 within the next 3 years.  I think a top of $800-$2,000 in the next year is also highly possible.

[bitcoinmar]

Its not going to hit 10,000 $ in next 3 years its need some good time for this five figure touch currently first goal is touch of 1000 $ per bitcoin again in 2016 this could be very good for all of us

[Rizky Aditya]

I think that everyone hopes that the price reaches that. I definitely hope that it does. I would be rich.

[AliceWonderMiscreations]

10k in 3 years?

No.

When people make statements like that, it is one of two things:

1) Wishful Thinking

2) Pump attempt before a planned sell

[Amph]

i believe you need more time, 10k as a stable value will be true by the end of the 2020-2030 decade

if he talk as an unstable value then it may be, but i would predict that the price will then be dumped easily at the previous range

[Monnt]

It's always possible due to the always increasing monetary base of the US currency. Let's see if he's right.

[watashi-kokoto]

If U.S or China do QE then it's very possible

[helloeverybody]

There are plenty of wild accusations like this in the speculation thread everyday, Unfortunately i very much doubt we would be getting anywhere near that kind of numbers for atr least another 10 years, And even then its a big if. Everything would have to come together pretty well for prices to get so high and lately that seems unlikely.

[arbitrage]

That would be a very nice 10k btc!?
I suppose lot of people here could solve their problems with money.
If they don't spend on gamble or whores..

[calkob]

I havnt got a clue what the price of bitcoin will be in 3 years, and i suspect most people posting here dont either.  the big movers and shakers in the world will decide its fate....

[tokeweed]

Tim Draper says bitcoin will hit $10,000 each within 3 years, check out the video:

http://chatwing.com/BITCOINVIDEOS

What do you think the price of bitcoin will be in 3 years?

Dream on.

[1Referee]

Just lol. Reaching $1000 again will probably be one of the most difficult things for Bitcoin to achieve. Let alone $10000 within 3 years. Even if we do reach $1000, then we will see the price go down in no time.

[lottery248]

10k in 3 years?

No.

When people make statements like that, it is one of two things:

1) Wishful Thinking

2) Pump attempt before a planned sell

+1 but the sustainability of bitcoin price if exceed $10.000 , could be long, depends on the demand and the use of bitcoin, like popularity thing.

[greBit]

I think that everyone hopes that the price reaches that. I definitely hope that it does. I would be rich.

It would take atleast 7-10years as per the recent growth rate. Bitcoin could reach the expected 10000$ at the same time the economy of the world also seems to be high causing a huge profit to the users. So start collecting as much for better part in future

[randy8777]

high profile bitcoiners always tend to have ultra high predictions. i just laugh at these predictions and also the $100,000 predictions from other wealthy bitcoiners. winklevoss bro's for example, i am interested in finding out how many of their 100k bitcoins they still have. i am quite sure they secured some of their profits.

[Erkallys]

This is a certitude that Bitcoin will reach 10 000$ soon or later. However, I really doubt that it will be reached within 3 years.