BTC to 5000$ soon

[Amadues]

It depends on what you call soon. That's a truth that you can't ignore than in a dozen of years, the price will be around 5000$ per Bitcoin, if not more ! Exciting times are definitly coming !

Op was posted 1 month ago and bitcoin is going up by day.I hope this speculation come true and by the time we reach halving,bitcoin price cross $1000 mark

Yeah this will be a great satisfaction for our faith and for the good way for the btc adoption process.

every day there is a little increase...step by step... we are near to halving so probably price will get strongly affected!!!!

[Grillo]

Would be nice. But not gonna happen soon.

[uki]

1.) Up to now already 73% of all coins are mined. It will be 75% when we get to the halving point. That means that 75% of 21 million coins will be already in circulation, not being subject to the mining business. Now you are arguing that these 25% yet to be mined will overweight the supply-demand  of the remaining 75%, shooting the price ten fold from where we are now. Interesting, to say the least.

You fail to understand that there are big chunks of coins that are not circulating. Take Satoshi's stash, for example. Those 25% of coins are not the only thing to increase demand. You must always take into account the FOMO factor and speculation. Finally, bitcoins are still vastly undervalued so there is natural growth potential.

2.) remind us, kindly, what were conditions back in 2013 when the two pumps in question happened? You may mention 'Mt. Gox' and 'Wally' in your description. Write how it relates to halving, that happened in the end of November 2012.

Those two pumps happened after halving, what is here to remind you? The Cyprus crisis and Mt. Gox drama only amplified the pumps that were bound to happen anyway.

3.) back to 2016. There is no Mt. Gox and no Wally any more. Do you expect even bigger pump that will attract even more money than the one in the end of 2013? Based on what? Look, what happened during the last pump in November 2015. Price touched $500 and immediately went down to $350. Why it should be different this time? Nothing has fundamentally changed (in terms of adoption of Bitcoin) from the November till now, to support such a rally.  

Read the first post. You seem to be very determined at ignoring the global financial meltdown factor that will give bitcoin the boost it needs. This is the first time in Bitcoin's history when it can actually prove its usefulness during a major financial crisis. This is why Satoshi invented Bitcoin in the first place, read it from the genesis block and stop asking dumb questions.

Who is arguing with facts?

You are, dumbass. Block reward halving is a fact, hard-coded into the protocol. Before you continue, educate yourself about the nature of inflation and its effect on prices. And always, always leave room for the human emotions and market overreactions. This is how bubbles happen.

First of all, be a bit more polite when writing your answers. I believe you are long enough in this forum to know its etiquette. And calling someone dumbass does not belong to it.
Now, ad rem.
My main point is that I disagree that the financial meltdown will happen soon. Back in 2011, I read a lot of blogs, post, articles, etc. on how the financial world would melt down and how gold will skyrocket to $10k and beyond in a matter of days.  That never happened, as it won't any time soon. What is soon for you btw.?

[Ulloa]

$5000 is a really high value and that is very good that you are positive about Bitcoin, but that I dont think that it will happen soon.
If Bitcoin is going to rise you must have some patience for it because it will not rise that fast now around this time.
And I know it is hard to wait such a long time, but you must have the patience otherwise you cant make profit.

[maxj57634]

Would be nice. But not gonna happen soon.

It will really not gonna happen in the next 5 years or so but maybe in 10 more years it will as there will be so 2 more halving pass by that time.

[SquallLeonhart]

Would be nice. But not gonna happen soon.

It will really not gonna happen in the next 5 years or so but maybe in 10 more years it will as there will be so 2 more halving pass by that time.

Yes I don't think that it can reach to that higher value in next couple of years as it is too high to expect that price as it is taking too long to reach $500, so $5k seems to be impossible at a moment.

[Hyena]

First of all, be a bit more polite when writing your answers. I believe you are long enough in this forum to know its etiquette. And calling someone dumbass does not belong to it.
Now, ad rem.
My main point is that I disagree that the financial meltdown will happen soon. Back in 2011, I read a lot of blogs, post, articles, etc. on how the financial world would melt down and how gold will skyrocket to $10k and beyond in a matter of days.  That never happened, as it won't any time soon. What is soon for you btw.?

Stupid questions get stupid answers, don't whine about it. There is no etiquette. The etiquette is a lie.

You should have started from your main point then, because if we disagree on the fundamentals then there is nothing for us to discuss here. Would you honestly believe, for example, that it would be possible to debate a Muslem into Christinaty?

By soon I mean this Summer the earliest and by the end of this year the latest.

For reference, watch this:
SUPER SHEMITAH: Elite's Jubilee Year Plan to Crash World Economy by October 2016 [HD]

[KennyR]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

[greghansel89]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

I think so too,if there are many competition at the market the price of bitcoin wont hit that high,when all people use bitcoin then it can reach 5k.

[Hyena]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

Or when the dollar collapses, which is getting more and more likely every day.

[Amph]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

Or when the dollar collapses, which is getting more and more likely every day.

well another strong fiat will take it's place, unless you're implying that we are near the end of fiat altogether, which i doubt

[landoadog]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

Or when the dollar collapses, which is getting more and more likely every day.

well another strong fiat will take it's place, unless you're implying that we are near the end of fiat altogether, which i doubt

If dollars collapse then Euro,Pounds or Yen might replace dollar but bitcoin wont replace dollar there are many highly develop countries with a strong currency.

[Hyena]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

Or when the dollar collapses, which is getting more and more likely every day.

well another strong fiat will take it's place, unless you're implying that we are near the end of fiat altogether, which i doubt

If dollars collapse then Euro,Pounds or Yen might replace dollar but bitcoin wont replace dollar there are many highly develop countries with a strong currency.

yeah, keep saying that to yourself. it's a house of cards. if one of those leading currencies goes down it will bring down everything else with it. btw, no one here is telling that bitcoin is ought to REPLACE dollar. but it will sure win from dollar's collapse.

[Zaun]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

Or when the dollar collapses, which is getting more and more likely every day.

well another strong fiat will take it's place, unless you're implying that we are near the end of fiat altogether, which i doubt

If dollars collapse then Euro,Pounds or Yen might replace dollar but bitcoin wont replace dollar there are many highly develop countries with a strong currency.

Indeed, there are too much currency's that are still a lot stronger than the bitcoin itself so I also do not think this will happen.
Although everything is gonna be digital its even not gonna happen because every currency is getting digital.

[uki]

First of all, be a bit more polite when writing your answers. I believe you are long enough in this forum to know its etiquette. And calling someone dumbass does not belong to it.
Now, ad rem.
My main point is that I disagree that the financial meltdown will happen soon. Back in 2011, I read a lot of blogs, post, articles, etc. on how the financial world would melt down and how gold will skyrocket to $10k and beyond in a matter of days.  That never happened, as it won't any time soon. What is soon for you btw.?

Stupid questions get stupid answers, don't whine about it. There is no etiquette. The etiquette is a lie.

You should have started from your main point then, because if we disagree on the fundamentals then there is nothing for us to discuss here. Would you honestly believe, for example, that it would be possible to debate a Muslem into Christinaty?

By soon I mean this Summer the earliest and by the end of this year the latest.

For reference, watch this:
SUPER SHEMITAH: Elite's Jubilee Year Plan to Crash World Economy by October 2016 [HD]

End of the fiat currencies by the end of 2016? ok, EoT for me. I will come back in January 2017 to check if you are still there.
If you are on the northern hemisphere, then the spring is just around the corner. If you are so sure about $5k, you may sell your house and put all your money where your mouth is. You would win big in 9 months time, before next winter.
Myself, I will wait for the end of the world to come on me unprepared this year.

[Adrorecia]

$5000 is not going to happen. Do not get your hopes up for this amount. We are now at around $400.
As you can see the difference is to big. It can happen later in on the future, but not any time soon.

[Hyena]

End of the fiat currencies by the end of 2016? ok, EoT for me. I will come back in January 2017 to check if you are still there.
If you are on the northern hemisphere, then the spring is just around the corner. If you are so sure about $5k, you may sell your house and put all your money where your mouth is. You would win big in 9 months time, before next winter.
Myself, I will wait for the end of the world to come on me unprepared this year.

Who said end of fiat currencies by the end of 2016? you are clearly hallucinating, fucking moron. learn to interpret sentences written in the English language.

[romero121]

Bitcoin would reach $5000 only if it gets universal acceptance same as dollar. At the same time there shouldn't be any other currency in use over the entire world.

Or when the dollar collapses, which is getting more and more likely every day.

well another strong fiat will take it's place, unless you're implying that we are near the end of fiat altogether, which i doubt

If dollars collapse then Euro,Pounds or Yen might replace dollar but bitcoin wont replace dollar there are many highly develop countries with a strong currency.

Indeed, there are too much currency's that are still a lot stronger than the bitcoin itself so I also do not think this will happen.
Although everything is gonna be digital its even not gonna happen because every currency is getting digital.

Truly as quoted bitcoins place might get occupied by other currencies if this kind of imagination come to reality. Bitcoin as a currency to get such a huge price is really unbelievable even after very long time.

[thejaytiesto]

First of all, be a bit more polite when writing your answers. I believe you are long enough in this forum to know its etiquette. And calling someone dumbass does not belong to it.
Now, ad rem.
My main point is that I disagree that the financial meltdown will happen soon. Back in 2011, I read a lot of blogs, post, articles, etc. on how the financial world would melt down and how gold will skyrocket to $10k and beyond in a matter of days.  That never happened, as it won't any time soon. What is soon for you btw.?

Stupid questions get stupid answers, don't whine about it. There is no etiquette. The etiquette is a lie.

You should have started from your main point then, because if we disagree on the fundamentals then there is nothing for us to discuss here. Would you honestly believe, for example, that it would be possible to debate a Muslem into Christinaty?

By soon I mean this Summer the earliest and by the end of this year the latest.

For reference, watch this:
SUPER SHEMITAH: Elite's Jubilee Year Plan to Crash World Economy by October 2016 [HD]

End of the fiat currencies by the end of 2016? ok, EoT for me. I will come back in January 2017 to check if you are still there.
If you are on the northern hemisphere, then the spring is just around the corner. If you are so sure about $5k, you may sell your house and put all your money where your mouth is. You would win big in 9 months time, before next winter.
Myself, I will wait for the end of the world to come on me unprepared this year.

Lol fiat currencies have still a good couple of decades to go to hell, if it ever happens, which is nothing but an assumption.
I think banks have a high possibility of disappearing as we know them, but actual government issued currency will exist as long as government exists I think.
This is not incompatible with Bitcoin going to 1 million dollars or whatever.

[gerXhonza]

$5k seems to be impossible at a moment, and I don't think it can reach there in future too, we have high hopes from it but we also need to accept the reality.