$10,000 per Bitcoin ???

[European Central Bank]

Jesus Christ you guys are lame. What is the average trading volume for bitcoin globally in dollars? Maybe 20-30 million if you forget the Chinese bullshit? This is amateur hour still. It's nowhere.

[lister storm]

Jesus Christ you guys are lame. What is the average trading volume for bitcoin globally in dollars? Maybe 20-30 million if you forget the Chinese bullshit? This is amateur hour still. It's nowhere.

well even though the price is not too high at the moment i honestly believe that it will start climbing really fast pretty soon because people will start buying coins because of halving

10 thousand dollars per bitcoin will surely be possible in the future, i think to see such big numbers well have to wait for something like a decade when bitcoin will be adopted that much

[European Central Bank]

That's what I meant. Pro finance guys might, just might, start to show some interest at a 100-200 billion market cap. Even then it's still small compared to the big commodities and forex.

[Bitcoinbro]

If you ask me this will never happen, the price is to high compared with the bitcoin market price if you ask me.
I never see this happen even if there where 5 halvings...

[tabas]

You can write a letter and you can send it to the North Pole. Maybe someone will grant this wish and if that happens.
We will just thank you and send you some tip. I'm dreaming of this too.

[italianobitcoin]

Bitcoin will never reach that value and that is because the currency was already for a long time stable so it cant never reach that high value so that is already quite bad for all of us.
As you can see now you see also that the value is not going to that high this year and many people dont like it.

[Oralmat]

Jesus Christ you guys are lame. What is the average trading volume for bitcoin globally in dollars? Maybe 20-30 million if you forget the Chinese bullshit? This is amateur hour still. It's nowhere.

well even though the price is not too high at the moment i honestly believe that it will start climbing really fast pretty soon because people will start buying coins because of halving

10 thousand dollars per bitcoin will surely be possible in the future, i think to see such big numbers well have to wait for something like a decade when bitcoin will be adopted that much

Yes, the price will be increasing and it will increase more as the bitcoins become popular but i think considering bitcoins to reach $10000 is a bit unrealistic.

[katiecbell]

Jesus Christ you guys are lame. What is the average trading volume for bitcoin globally in dollars? Maybe 20-30 million if you forget the Chinese bullshit? This is amateur hour still. It's nowhere.

well even though the price is not too high at the moment i honestly believe that it will start climbing really fast pretty soon because people will start buying coins because of halving

10 thousand dollars per bitcoin will surely be possible in the future, i think to see such big numbers well have to wait for something like a decade when bitcoin will be adopted that much

Impossible yes, but for the coming decade.
Eventually there are no more bitcoins mined which means the price can increase.

[Nimbulan]

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?

10000$ price in 2019 is pretty realistic, if we will be lucky and we won't kill price ( by panic waves when selling all of our bitcoins) then we might see that large price

and if we won't, then we still have halving in 2020 year,so if not 10 000$ then atleast 7000$ and this still be good for bitcoin as then it will be very, very popular

[interbtc]

10000$ price in 2019 is pretty realistic, if we will be lucky and we won't kill price ( by panic waves when selling all of our bitcoins) then we might see that large price

and if we won't, then we still have halving in 2020 year,so if not 10 000$ then atleast 7000$ and this still be good for bitcoin as then it will be very, very popular

There's little chance we will see 10 000 per bitcoin in just a few years. Dont get fooled by bitcoin rising insane amount of folds thus far because the higher you go, the
slower the momentum gets , due to increased amount of fiat needed for it to happen.
I would speculate that somewhere by 2025 that pricetag of 10k USD per coin is possible, but dreaming about it in under 3 years is just too optimistic by my count.

[martinacar]

To be honest I do not see this happen every because the number of the market price the bitcoin has now is way too low the accomplish this and the bitcoin is also still way too small compared with other currency's..
Even with a very good future what the bitcoin has its never gonna happen its just a unrealistic price.

[goldsun]

$10 000 per bitcoin? It would be very nice, but I don't see that happening anytime soon...I am sorry.

Heck, I would be happy even with $1000 per bitcoin soon, around this halving.

[richardsNY]

$10 000 per bitcoin? It would be very nice, but I don't see that happening anytime soon...I am sorry.

Heck, I would be happy even with $1000 per bitcoin soon, around this halving.

$1000 will not happen this year. We might be lucky if we see the price stay above $500 for the rest of the year. Don't count yourself rich already.

[angaper]

No, I don't think so my friend. I will be happy if the bitcoin price reaches the $2,000 level, but it is still needed a lot of variables to see that level of price. Besides, we should avoid overconfidence in any technological or digital development, because we don't know the time when a new development will displace the previous one.

[peta4e]

$10 000 per bitcoin? It would be very nice, but I don't see that happening anytime soon...I am sorry.

Heck, I would be happy even with $1000 per bitcoin soon, around this halving.

$1000 will not happen this year. We might be lucky if we see the price stay above $500 for the rest of the year. Don't count yourself rich already.

Yeah and bitcoin will test our patience for sure, as it will not be easy to achieve the landmark of $1k may be we need to wait longer to see that price.

[romero121]

$10 000 per bitcoin? It would be very nice, but I don't see that happening anytime soon...I am sorry.

Heck, I would be happy even with $1000 per bitcoin soon, around this halving.

$1000 will not happen this year. We might be lucky if we see the price stay above $500 for the rest of the year. Don't count yourself rich already.

Yeah and bitcoin will test our patience for sure, as it will not be easy to achieve the landmark of $1k may be we need to wait longer to see that price.

I think the patience that required to see a price around $10000 is something very high. As most users described $10000 is an achievable value but it won't sustain for long time.

[gerXhonza]

$10 000 per bitcoin? It would be very nice, but I don't see that happening anytime soon...I am sorry.

Heck, I would be happy even with $1000 per bitcoin soon, around this halving.

$1000 will not happen this year. We might be lucky if we see the price stay above $500 for the rest of the year. Don't count yourself rich already.

Yeah and bitcoin will test our patience for sure, as it will not be easy to achieve the landmark of $1k may be we need to wait longer to see that price.

I think the patience that required to see a price around $10000 is something very high. As most users described $10000 is an achievable value but it won't sustain for long time.

I don't think that bitcoin to reach to that high level in coming years, that is too high to expect and if it can reach there no one can predict the exact time when it can achieve that price.

[AZwarel]

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.

Buying bitcoin for speculation and profit.
Sure there will always be a market for buying bitcoin to spend, but with a higher price the speculation aspect will decrease which means you can have more ROI with other investments.

So it's not a case of "people will never be able to buy coins anymore if the price is that high", but rather the argument Amph advanced - that people may choose not to buy.

Agree, and finally someone has math in them - which is weird, that 95% here don't understand math on a crypto forum..
Also, why we assume, or make it a condition, that the profitability of buying bitcoin at higher price ($10k+ for example) should be the same as buying at $1 value? The point of risk taking/early adoption/foresight is that it can and should yield larger profit!

Even more, at $10k+ prices, average Joe/corporations less likely to buy bitcoin for speculation, they will buy it because they HAVE TO, a lot of economic activity will start to say "bitcoin only, don't need pesos/bolivars/rands kthxbye", so for "laggards" it will becoming less of a choice day by day, but a necessity.

Just read the history of any shift, sudden change in the circulating money hyper-inflating/loosing liquidity en masse, and the new monetary unit spreading among the populace like the plague.

edit: now that i think of it, everything happens in sudden "unexpected" bursts in the economy (or in nature), stocks can crush in a day, complete industries can vanish in a couple of months due to innovation, countries can shoot up/down due to externalities, etc. The assumption, that somewhat bitcoin price won't follow an insane boom-bust trend in the future as well in the past, is naive, hence a big FOMO/mainstream press craziness can shoot it way over a "normal steady rise" price (and than collapse to some degree ofc!).

[AZwarel]

10.000$ is nothing, if bitcoin ever only reaches 10k, it has failed.

7.5 billion people. If only 1% (75 mil) of the world's population has 100$ worth in bitcoin that is more than today's market cap (and actually a lot less, marketc isn't working that way, but forget that for a moment)...and i am sure there are more than 75 million, -these are just individuals, not corporates, banks, funds, states, etc. - people who can and willing 100$ to kept in btc.

Just play a bit with the numbers, do some calculations before saying "nah 10.000$, never".

[dezoel]

Bitcoin will reach there someday, but cannot judge the exact time that when it can reach there as it is really difficult to predict anything about bitcoin.