$10,000 per Bitcoin ???

[Piltover]

I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.

[1Referee]

I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.

It will definitely not happen within 5 years. I don't even think this will happen within 10 years (if ever). We need the price to rise gradually so we can sustain any price above the current price level for a long period of time. Slow growth is always better than seeing peaks make new highs. Peaks don't last.

[HarryKPeters]

I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.

Indeed, 10000 dollar is just too much for the bitcoin in my opinion, I also think its unrealistic, the bitcoin has of course a good future but the halving maybe not even let the price rise and its also that the bitcoin still has to proof this year.
Overall I think 5000 dollar is the maximum what the bitcoin can reach in the next 5 years honestly.

[FabioDelcatto]

I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.

[Zaun]

The 10000 dollar is maybe possible in a couple years or something, but it will be very difficult for the bitcoin to achieve this of course.
I do not consider it as impossible because the bitcoin is of course unpredictable so its possible most likely.

[Herbert2020]

I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.

It will definitely not happen within 5 years. I don't even think this will happen within 10 years (if ever). We need the price to rise gradually so we can sustain any price above the current price level for a long period of time. Slow growth is always better than seeing peaks make new highs. Peaks don't last.

nothing is certain with bitcoin, but for reaching $10,000 per bitcoin, it needs to go mainstream first and maybe some of the biggest financial corporations start investing in it, or even entering wall-street might be able to push it that high.

[Dilla]

I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.

Good thing it's divisible so you can buy any amount you can afford.

[randy8777]

I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.

Good thing it's divisible so you can buy any amount you can afford.

that's right. many people directly start to think that when bitcoin reaches a very high price level that people can't afford to buy bitcoin anymore. but that's not true. you can still buy bitcoin with low amounts. even if the price reaches $100,000 at some point.

[ronaldo2]

Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

[Kollor]

Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..

[KennyR]

I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.

Good thing it's divisible so you can buy any amount you can afford.

Bitcoin reaching $10000 is highly imaginary. Really bitcoin divisible to any of the smallest portion is a added advantage for the bitcoin users to make purchase based on requirement and affordability.

[Nasdam]

Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..

$10,000 is the price for 2025. The price will rise slower when the market cap grows. At $10,000, the mc is 210 billion.

[Trasamania]

Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..

$10,000 is the price for 2025. The price will rise slower when the market cap grows. At $10,000, the mc is 210 billion.

It is possible for the bitcoin price to double every year, so in 2022, it is 64 times of present value, or $25,000.

[Nameless Coin]

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?

I personally do not think it will be that high. And is the price being that high really a good thing because people will never be able to buy coins anymore if the price is that high, at least I don't.

[LMGTFY]

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?

I personally do not think it will be that high. And is the price being that high really a good thing because people will never be able to buy coins anymore if the price is that high, at least I don't.

How? Why?

You have, as an example, $1000. BTC/USD is $1, you buy $1000's worth of BTC (yielding 1000 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

Alternatively, BTC/USD is $10,000, you buy $1000's worth of BTC (yielding 0.1 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

What's the magic price at which people are somehow mysteriously unable to buy BTC? 1 BTC is subdivided into 100,000,000 smaller parts ("satoshis"). The cost of one satoshi right now is vanishingly small. Wake me up when 1 satoshi is over $1000 - then we can talk about unaffordability. Until then this "unaffordable coins" nonsense is just nonsense.

[Zaun]

Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..

$10,000 is the price for 2025. The price will rise slower when the market cap grows. At $10,000, the mc is 210 billion.

It is possible for the bitcoin price to double every year, so in 2022, it is 64 times of present value, or $25,000.

Everything is possible but does it happen? No
So no it won't happen. Nor the 10k nor the doubling every year. Wen you making predictions. make sure to analyze them

[Sandroxa]

The chance that it will reach that value is really small and especially around this time because the value is keeping stable for a long time and that is quite bad for the most people.
We all want to make some profit with Bitcoin but it can takes a long time.

[Oscoda]

I do not think we are gonna make this number anytime soon but I also think we never gonna hit this amount to be honest.
I think this amount is just too high to reach honestly.

[Amph]

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?

I personally do not think it will be that high. And is the price being that high really a good thing because people will never be able to buy coins anymore if the price is that high, at least I don't.

How? Why?

You have, as an example, $1000. BTC/USD is $1, you buy $1000's worth of BTC (yielding 1000 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

Alternatively, BTC/USD is $10,000, you buy $1000's worth of BTC (yielding 0.1 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

What's the magic price at which people are somehow mysteriously unable to buy BTC? 1 BTC is subdivided into 100,000,000 smaller parts ("satoshis"). The cost of one satoshi right now is vanishingly small. Wake me up when 1 satoshi is over $1000 - then we can talk about unaffordability. Until then this "unaffordable coins" nonsense is just nonsense.

this example is correct if we don't consider that when the price is very low there ar emore chances for the price to skyrocket in comaprson to when it is low

this is can be seen easily by comparing how bitcoin increase fast to 1200, and how much still we have to wait for 10k, without a doubt much more than the time frame from 1 to 1200

[LMGTFY]

How? Why?

You have, as an example, $1000. BTC/USD is $1, you buy $1000's worth of BTC (yielding 1000 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

Alternatively, BTC/USD is $10,000, you buy $1000's worth of BTC (yielding 0.1 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

What's the magic price at which people are somehow mysteriously unable to buy BTC? 1 BTC is subdivided into 100,000,000 smaller parts ("satoshis"). The cost of one satoshi right now is vanishingly small. Wake me up when 1 satoshi is over $1000 - then we can talk about unaffordability. Until then this "unaffordable coins" nonsense is just nonsense.

this example is correct if we don't consider that when the price is very low there ar emore chances for the price to skyrocket in comaprson to when it is low

this is can be seen easily by comparing how bitcoin increase fast to 1200, and how much still we have to wait for 10k, without a doubt much more than the time from from 1 to 1200

Not really - the same holds true at nearly any price (below "1 satoshi is unaffordable", but see the disclaimer) - BTC is affordable, because it's hugely divisible.

Your argument is different - that the potential for profit decreases as price rises. That may well prove to be correct (you'll recall that I believe the "halving effect" may diminish with each halving), but it won't affect affordability. If you're correct, and higher prices mean less profit or less chance to profit, then that may be a factor is someone's decision to buy - but it doesn't change their ability to buy.

(Disclaimer: in the future 1 BTC could be subdivided further than 100,000,000 satoshi - 1 satoshi could be divided, etc, in which case Bitcoin affordability would be possible even if 1 satoshi was unaffordable).