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Poll
Question: Price for 1 BTC
1000$+ - 17 (34.7%)
10.000$+ - 7 (14.3%)
100.000$ - 1 (2%)
1.000.000$ - 3 (6.1%)
10.000.000$ - 3 (6.1%)
100.000.000$ - 2 (4.1%)
1 Billion $+ - 4 (8.2%)
No price is too high - 5 (10.2%)
I am high - 7 (14.3%)
Total Voters: 49

Pages: « 1 2 [3] 4 5 6 »  All
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Author Topic: What Bitcoin price is too high?  (Read 3278 times)
sana54210
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June 30, 2016, 11:53:34 AM
 #41

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
Bitcoin value too high? None.
The value of bitcoin cannot be considered overvalued for me because there will not be a time that I'd have to worry about that happening because it is most probably not going to happen anyway.
BTC's value is definitely high compared to gold and even stock market shares. The issue here is that if the price reaches $1000 one day and then drops by $200-$300, people won't feel safe to invest in BTC and incur such a huge loss while gold and stock market shares have a stable increase and don't drop in seconds. For me, $1K is a very high rate and $650 as well. $400 is just OK.


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June 30, 2016, 12:21:45 PM
 #42

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
From this choices for me i choose 1,000,000 because if i have 3 btc i get a lot of money. 😂 But we will never increase the price of bitcoin something like that. Because if that happened all people is never worked. And the second bitcoin price is never rise than 1,000,000. 😂 but maybe i just wanted to believe if the price of bitcoin is well become a 1000 plus. That's not possible to happen for now. 😂
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June 30, 2016, 12:54:09 PM
 #43

I think for bitcoin, none of the price is high as if the technology of bitcoin spread to al over the world and all of the coins are mined and everyone start to use bitcoin then the price will be much higher, out of our expectations.


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June 30, 2016, 01:08:04 PM
 #44

People is hyping block halving, and price is going up also cause miners will lose a lot of money when halving comes but nowdays price is not so high as week ago.

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June 30, 2016, 01:26:37 PM
 #45

All money in this world in btc=
1717898361btc

Maximum available btc= 21000000btc

So now all money stored in btc of world in btc=21000000*520$(standard exchange rate for 2016)=
20958526btc

money stored in bank of world in btc= 1717898361-20958526
1696939835btc

how much part of money stored in btc of world in btc=1717898361/2095852681.26~82

1/82money of world invested in bitcoin so the rate comes 520$/btc.

Now if 1/10 part of money stored in btc it's rate will be
 8.20000131×520=
4264$/btc


So now i think you got answer of your question neither bitcoin rate is high nor low it's price just depend in all how much money stored in btc.
If storing money in btc increase its demand will increase.

Don't blame me if you can't understand Grin

Neither this article on net i copied nor its any statement.i just made this with my hard work after spending an hour Smiley

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June 30, 2016, 03:38:02 PM
 #46

$1k+ is enough for the price now. $10k? omg is too high.
but we don't know if bitcoin goes mainstream and even the price can exceed that. Huh

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June 30, 2016, 03:49:27 PM
 #47

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~

Bitcoin is much worthy than the value I've quoted. In my view I've quoted a realistic price, if it had gone above $10000 more and more regulations will be generated by various government. This truly paves path for getting vanished.

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June 30, 2016, 03:57:04 PM
 #48

If we get the whole world to use Bitcoins, then I think that no price is too high for it as there are just 21M bitcoins and if spread among billions of people, it needs to be a lot worthy.

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June 30, 2016, 04:00:03 PM
 #49

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~

I voted for 1million value because I believe if all people will use to know and will use bitcoin for their everyday life just like USD then it will surely hit 1bitcoin that's equal to 1million USD.
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June 30, 2016, 04:11:45 PM
 #50

I think 10,000$ is quite high value if we consider 1-2 years time but this could be achievable after decades. The current price range of 700$ around seem to be reasonable value of coin and not high but relatively cheap. So this price can be considered as good entry point before halving.
Agreed,even i pick second poll,but honestly i believe if bitcoin price reach more tha $10.000 its was too damn high,people will think this is will not safe price,potentially drop so deep,its why safe price for me stable on $1000 or more,but not more than $10.000.

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July 01, 2016, 01:50:13 PM
 #51

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
It depends on what price has been considered a stable price for bitcoins. Earlier it was stable at $250-$300 for over a year and people considered that as a stable price for BTC while since November 2015, it has seen prices like $400-$800 till date which is not considered a stable rate. For me, the highest price that bitcoin has reached is $1300 which is too high to consider buying bitcoins.



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July 01, 2016, 02:08:01 PM
 #52

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
For me it's better the price of bitcoin is 1 billion + because i have a lot of bitcoin now. 😂 So i should sell my bitcoin now if the price of bitcoin is up to 1 billion + 😂 that was so amazing if that happens now.  But it is impossible to do that. ,😂 But i believe that 1 Bitcoin is goes up like a $1000 + because it will happen that before. As far as I know. I think it's more than $1500 the price of bitcoin before..
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July 01, 2016, 02:17:52 PM
 #53

The fact that a lot of people are voting for 1000 proves that they will kill themselves in 10 years when Bitcoin is 100,000 to 1 million years. They think 1,000 is high when 1,000 is shit nothing.


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July 01, 2016, 02:34:05 PM
 #54

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~

From this choices for me i choose 1,000,000 because if i have 3 btc i get a lot of money. 😂 But we will never increase the price of bitcoin something like that. Because if that happened all people is never worked. And the second bitcoin price is never rise than 1,000,000. 😂 but maybe i just wanted to believe if the price of bitcoin is well become a 1000 plus. That's not possible to happen for now. 😂


For me it's better the price of bitcoin is 1 billion + because i have a lot of bitcoin now. 😂 So i should sell my bitcoin now if the price of bitcoin is up to 1 billion + 😂 that was so amazing if that happens now.  But it is impossible to do that. ,😂 But i believe that 1 Bitcoin is goes up like a $1000 + because it will happen that before. As far as I know. I think it's more than $1500 the price of bitcoin before..
Shitty spammer again, when you will getting bored to always make a spam post. every day and everytime just post in the same topic.


For op I think I do not have a big target or dream for the price of bitcoin, only want to see the price of bitcoin is getting rational and more than their starting price
it was more than enough. the bitcoin price can reach $10000,$100000 and more. it just dreams for now. anything can happen at any time but I keep my brain to be a rational person.

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July 01, 2016, 02:41:35 PM
 #55

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
It depends on what price has been considered a stable price for bitcoins. Earlier it was stable at $250-$300 for over a year and people considered that as a stable price for BTC while since November 2015, it has seen prices like $400-$800 till date which is not considered a stable rate. For me, the highest price that bitcoin has reached is $1300 which is too high to consider buying bitcoins.
The stability of bitcoin is depend on how many user is using it. If we have billion of user then hundred thousand value should be the stable value of bitcoin.
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July 01, 2016, 02:49:37 PM
 #56

My opinion price of bitcoin will going down after halving block because we can see last halving block the price of bitcoin going down. And history will repeat itself.
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July 01, 2016, 03:00:22 PM
 #57

The fact that a lot of people are voting for 1000 proves that they will kill themselves in 10 years when Bitcoin is 100,000 to 1 million years. They think 1,000 is high when 1,000 is shit nothing.

Hell yeah, that price is nothing compared to the one we will see in the next few days.
It is all about distribution, and if bitcoin gets mass adoption, its price will rise accordingly with the increase in demand.

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July 01, 2016, 03:22:54 PM
 #58

Well, the local currency will influence your perception of what you thing Bitcoin's price should be. Let's take the Kazakhstane Tenge for instance, today you can get 223,600 KZT for one bitcoin. If you

use the Zimbabwian dollar for instance, you would be a Billionaire by now, in their currency.  Grin .... I do not even know, how these countries will handle a $ 1 000 000 US per BTC price, when that

happens. Most people cannot even count or understand the amount when it reach 1 000 000 000 000.00  Roll Eyes

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ImHash
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July 01, 2016, 03:28:46 PM
 #59

I think mining bitcoin and selling at $600 to $800 range is pretty much profitable, I even think after halving you could profit with $800 to $900
Price range. but bad thing about bitcoin is that they are dictating the terms to markets and I fear that markets wont stand  those terms.


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wuvdoll
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July 01, 2016, 04:07:49 PM
 #60

For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
Going by your choices, I can say that the value of bitcoin can be considered too high if it touches $1000+ because it just is. Comparing to all the other stocks that can be traded, bitcoin's value is definitely way up top. Hoping still this halving will bring many miracles to us.

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