Eric Cartman
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April 17, 2016, 02:18:22 PM |
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Still less than 1k, way below the 10k proposed in this topic. And I don't know, most professional financial advise most of times do badly, I don't know if trust them only because they said what I want to hear would be good for my pocket
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btcxyzzz
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April 17, 2016, 05:14:54 PM |
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Is this forum full of Bitcoin shills or what? Is it possible so many people are totally blind to see Bitcoin is in agony which will most probably end by proclaiming patient's death in July after halving event. Team of ridiculous maniacs paid by banksters are intentionally ruining it. Is it possible most of you are so blind?
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bit1
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April 17, 2016, 07:09:42 PM |
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I honestly do not think that it can reach this value in this year. However some day when it reach $10k will be on its route.
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gerXhonza
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April 17, 2016, 07:41:08 PM |
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I honestly do not think that it can reach this value in this year. However some day when it reach $10k will be on its route.
Yeah not in this year for sure and may be not possible in next year too, I think it will take at least a decade to reach there and that also if we see mass adaption in coming years.
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richardsNY
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April 17, 2016, 07:44:03 PM |
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Maybe in our dreams. But the reality will turn out to be not so friendly for us regarding the price. It will not even go above the $1000 level this year.
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reuschman
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April 17, 2016, 07:46:05 PM |
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Something's in the air. When it comes, it will come fast.
The halving will give a good fuel to price for bitcoin but it will not be so much high to touch 10k .... maybe bitcoin price will just add about more 300-500 dollars... no more... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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BitHodler
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April 17, 2016, 08:55:02 PM |
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Just no. It's an illusion at this point.
With enough luck, good sentiment and an ongoing bull run we might reach $600 after the block halving. But all things mentioned must be perfectly working together in order to happen.
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richjohn
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April 17, 2016, 08:59:25 PM |
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impossible to reach that kind of amount this year. 5 years after or more, the price only increase at $200 and yet how it going to increase at $10000 a few months?
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kingcrimson (OP)
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April 17, 2016, 09:04:37 PM |
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Just no. It's an illusion at this point.
With enough luck, good sentiment and an ongoing bull run we might reach $600 after the block halving. But all things mentioned must be perfectly working together in order to happen.
Block halving in 2012 led us to go from $10 to $260, the equivalent with this halving would be $10,000. It is possible $2,000-$3,000, I just think people way underestimate this train.
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techgeek
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April 17, 2016, 10:21:20 PM |
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Still less than 1k, way below the 10k proposed in this topic. And I don't know, most professional financial advise most of times do badly, I don't know if trust them only because they said what I want to hear would be good for my pocket I see more of $1k happening then 10k marker. But if we hit a $1k marker and see some crazy bubble happen to $7k then $10k, it would mean some exchange is ready to pop and open the can of worms they been holding..
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maokoto
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April 17, 2016, 11:39:12 PM |
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I am not hoping for such a high value. 600-700 is more likely, and I will feel comfortable with it staying at current prices.
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Wapinter
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April 17, 2016, 11:43:22 PM |
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I honestly do not think that it can reach this value in this year. However some day when it reach $10k will be on its route.
Yeah not in this year for sure and may be not possible in next year too, I think it will take at least a decade to reach there and that also if we see mass adaption in coming years. That true.Mass adoption can really fuel bitcoin price to reach new records.As more people adopt btc,its demand will go up.Short supply and high demand usually leads to high price.Thats a simple law of economic
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talks_cheep
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April 17, 2016, 11:51:50 PM |
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How is this even possible?
There's nothing in the horizon to indicate a rise to $1000, let alone $10000.
The last buble to $1K bitcoin was possible due to a confluence of factors such as MtGox and China. MtGox is DEAD; China is already in. Bitcoin can only attract so many people, it has reached its current limit. It's too difficult to understand, use, and take risk in; those of us who can understand, use and take risk in, have already done it. The rest of the world don't understand it, don't need it, and won't risk their shirts.
Bitcoin is NOT like smartphones which gave cheap portable internet-enabled computers to people; bitcoin is money for the internet which is totally cool and innovative but it's limited to those who can understand how to use it--this is a problem because money is an important thing to everyone's daily lives, who wants to risk losing their shirts to internet money? especially when there are simple and established ways (credit card, western union, bank wire) to send/receive money already?
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Jon Connor
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April 18, 2016, 02:27:14 AM |
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unfortunately i don't see that happening this year. i think 1k is very realistic but if we even reach that we will see a correction to the 500-600 range. for btc to reach 10k in such as short period of time we would need combination of factors to go along with the halving for which I can't seem to think of. i bought btc at $8 and never thought it would reach as high as it did...so yeah I've definitely been wrong.
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DaddyMonsi
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April 18, 2016, 02:30:38 AM |
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$10,000 is way too far for really if we are speculating only for this year. Rate should have climb or should I say jumped leaps and bounds before we can say yes it can reach even half of it. We cant even reach breach the $500 level.
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The Sceptical Chymist
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April 18, 2016, 03:24:13 AM |
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What do you think is in the air? I really don't think bitcoin is going to hit 1000 this year. I'm not even sure about 500.
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Mr.grin
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April 18, 2016, 03:50:16 AM |
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I think it will not happen this year. $ 10 000 price is too high for the current bitcoin, it might not happen even if halving happen, and maybe this year the highest price is $ 700 for bitcoin
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STT
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April 18, 2016, 04:36:18 AM |
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Something's in the air. When it comes, it will come fast.
10,000 only happens when the dollar drastically loses value. Yes its perfectly possible and the bitcoin price would be way higher if people realised just how shored up the value of US dollar is. There is an excess of supply to the basic demand for dollar based on its productive output, the distortion comes from foreign nationals using USA as a proxy for global trade. So vast change is possible but Im not sure this year is when it happens, maybe if Trump gets in he'll deliver the results promised by his predecessor real change; though maybe not all desirable
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vero
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April 18, 2016, 05:18:11 AM |
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I never thought bitcoin can reach $10,000 in the future or in this year, we need a little unrealistic with what we expected and we dreamed about.
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1Referee
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April 18, 2016, 07:41:09 AM |
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What's happening with the people here? It's pure insanity thinking the price has even the slightest chance of reaching $10,000 this year.
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