European Central Bank
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July 09, 2016, 09:06:12 PM |
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Not all the bitcoins are for sale at any price. If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".
sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift. 0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again. to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see.
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TrueCryptonaire
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July 09, 2016, 10:14:32 PM |
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Not all the bitcoins are for sale at any price. If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".
sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift. 0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again. to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see. Each time the price rises the coins of weak hands will get redistributed to fresh hands who get only smaller portion of coins and they are dreaming of becoming a millionaire one day. Therefore their target is higher price and they will not sell before their target has been met which works as self-fulfilling prophecy. Price will not shoot to 100 000 usd overnight. It takes around 24 months (in my speculation). Basically, what it requires is that it rises to 10 000 within upcoming 12 months, and from 10k to 100 000 within the next period of 12 months. Judging the past behavior of bitcoin it is not impossibility. 24 months is after all relatively long time in crypto and a lot can happen. Basically I think this block halving is even more serious than the one in 2012 because now the annual inflation rate approaches the inflation rate of fiat money. I think the bankers will get interested in bitcoin if it hits 100 000 usd and that also can mean they start a bidding war of the coins. The bidding war will take bitcoin to another new level, and there is a possibility the Central banks will start accumulate bitcoins as well in the same manner they are accumulating gold bullion.
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bitcoinci.com
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bitcoin bitcoinci den alınır . bitcoinci
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July 10, 2016, 12:01:57 AM |
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1 million usd ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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sishendaoye
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July 10, 2016, 12:47:46 AM |
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Around the 1600 dollar most likely, I really do not know what to expect to be honest because everything can happen. No one can predict this its a matter of time before we will see what is gonna happen with the price right ?
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spain cool
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July 10, 2016, 12:50:21 AM |
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bitcoin back to $300 in 2020 my predict
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bit1
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July 10, 2016, 03:22:23 AM |
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After seeing what happened in this halving, I think that it is useless make predictions for that so distant event.
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Elwar (OP)
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Viva Ut Vivas
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July 10, 2016, 01:25:00 PM |
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After seeing what happened in this halving, I think that it is useless make predictions for that so distant event.
I predicted $660 at the halving back in 2014. https://bitcointalk.org/index.php?topic=804059.0
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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European Central Bank
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July 10, 2016, 01:32:41 PM |
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Not all the bitcoins are for sale at any price. If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".
sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift. 0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again. to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see. Each time the price rises the coins of weak hands will get redistributed to fresh hands who get only smaller portion of coins and they are dreaming of becoming a millionaire one day. Therefore their target is higher price and they will not sell before their target has been met which works as self-fulfilling prophecy. Price will not shoot to 100 000 usd overnight. It takes around 24 months (in my speculation). Basically, what it requires is that it rises to 10 000 within upcoming 12 months, and from 10k to 100 000 within the next period of 12 months. Judging the past behavior of bitcoin it is not impossibility. 24 months is after all relatively long time in crypto and a lot can happen. Basically I think this block halving is even more serious than the one in 2012 because now the annual inflation rate approaches the inflation rate of fiat money. I think the bankers will get interested in bitcoin if it hits 100 000 usd and that also can mean they start a bidding war of the coins. The bidding war will take bitcoin to another new level, and there is a possibility the Central banks will start accumulate bitcoins as well in the same manner they are accumulating gold bullion. You seem to think rises take place in a vacuum. For something that big it takes millions and millions of real people putting their real money in. A 0-10 billion rise only needs a few tens of thousands. I can't see any sign of millions of new people all pumping at once on the horizon.
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Farma
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July 10, 2016, 02:50:52 PM |
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My prediction is 700-900 value in 2020 this is i think the best price will be with bitcoin if you notice the price 2013 halving its just looks same but different value.. so i think 700-900 value..
I think it's too low, I believe the price of bitcoin in 2020 of more than $ 1,000, and probably price at the time bitcoin About a $ 1300- $ 1500. most likely at the time bitcoin prices were stable as it is today. I also believe at the time that all the countries have accepted bitcoin as legal tender, and may also have a lot of companies that assesses employees with bitcoin
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Nimbulan
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July 10, 2016, 02:51:02 PM |
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oh wow, that was a great prediction, i think people will see like 5600 dollar price during the next halving, i think that the price is going to grow really fast and people will make money out of it
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European Central Bank
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July 10, 2016, 02:54:18 PM |
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If people are hoping for 1000 dollars then they should get out now and shop elsewhere.
You could get better returns with a stock fund with way less risk. Either go big or go home.
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martinacar
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 10, 2016, 03:41:40 PM |
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If people are hoping for 1000 dollars then they should get out now and shop elsewhere.
You could get better returns with a stock fund with way less risk. Either go big or go home.
Bitcoin is not a hedge fund for the price going to 1k, That's just not going to happen. But we have to be realistic and in that regard a correction is going to happen now. Although I am not sure how hard it will hit us.
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fravia
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July 10, 2016, 03:53:56 PM |
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1 million usd ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) yeah right, i really doubt that such price will be possible in just 4 years, in my opinion we might see something like 10-20 thousand dollars but surely not 1 million dollars per bitcoin
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European Central Bank
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July 10, 2016, 04:31:01 PM |
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Bitcoin is not a hedge fund for the price going to 1k, That's just not going to happen.
then if you have some money invested why are you leaving it in bitcoin? it could go to zero tomorrow. if it takes nearly 4 years to make a double digit return considering the risks involved then i don't class that as anything like a worthwhile investment. if those were the returns i was hoping for it would tell me i've lost touch with reality. i could do better with a fraction of the possibility of losing it all.
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TrueCryptonaire
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July 10, 2016, 04:48:17 PM |
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Not all the bitcoins are for sale at any price. If you go to the bitcoin exchanges, only a fraction of current money supply is for sale there (both in asks and in selling reserves). The majority of bitcoins are held in cold storages "for ever".
sure, but a $100,000 price would certainly tempt some lost coins out of the ether. i guess it would depend on the nature of the rise. if it looked like it was sticking around then sellers would sit back and do nothing. if it was a parabola then the fall would be brutal and swift. 0 to 1-10 billion market cap can happen without alot of people or money and can happen over and over again. to get into the trillions, even when it's just market cap, that's a once in a bunch of generations deal and will not happen in a couple of years. maybe bitcoin is it. we'll see. Each time the price rises the coins of weak hands will get redistributed to fresh hands who get only smaller portion of coins and they are dreaming of becoming a millionaire one day. Therefore their target is higher price and they will not sell before their target has been met which works as self-fulfilling prophecy. Price will not shoot to 100 000 usd overnight. It takes around 24 months (in my speculation). Basically, what it requires is that it rises to 10 000 within upcoming 12 months, and from 10k to 100 000 within the next period of 12 months. Judging the past behavior of bitcoin it is not impossibility. 24 months is after all relatively long time in crypto and a lot can happen. Basically I think this block halving is even more serious than the one in 2012 because now the annual inflation rate approaches the inflation rate of fiat money. I think the bankers will get interested in bitcoin if it hits 100 000 usd and that also can mean they start a bidding war of the coins. The bidding war will take bitcoin to another new level, and there is a possibility the Central banks will start accumulate bitcoins as well in the same manner they are accumulating gold bullion. You seem to think rises take place in a vacuum. For something that big it takes millions and millions of real people putting their real money in. A 0-10 billion rise only needs a few tens of thousands. I can't see any sign of millions of new people all pumping at once on the horizon. No I don't think it is a vacuum. Even now the price is hoovering between 610 and 690 for some days, and that's not a vacuum. There are real buyers and real sellers. However, I think 1000 usd was unsustainable 2013 because of inflation which generated 3600 new coins each day (around 10 % pa back then). I think you did not read my message carefully enough. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It is FOMO that makes these extreme highs with btc. First the price of bitcoin rises slowly and steadily to 3000 usd, then some early gamblers buy in and tell others also to buy which pushes the price to 10 000 usd. After that there is a crash to 1000-2000 usd and then stability over there for a while. Once the price has been stagnant for a while, smart money starts to move in and the price rises around 5000-7000 usd and then some early gamblers will enter, also a bankers and Wall Street might buy in and if that happens, the price of bitcoin will for sure go to 1000 000 usd/btc.
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funbarrel
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July 10, 2016, 05:03:59 PM |
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i would predict the price to go up significantly as a lot of people will be buying their bitcoins but anything can happen so i dont know what to think about it to be honest, my prediction 10 thousand dollars
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European Central Bank
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July 10, 2016, 05:27:07 PM |
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Once the price has been stagnant for a while, smart money starts to move in and the price rises around 5000-7000 usd and then some early gamblers will enter, also a bankers and Wall Street might buy in and if that happens, the price of bitcoin will for sure go to 1000 000 usd/btc.
i like your big sky thinking but it don't feel that simple to me. people were saying the same in 2013/2014 by the looks of things and they ended up having a bad time. we need to wipe out the current breed of manipulators to step on up. the only thing that'll do that is more buyers. let's see if there's a compelling reason for them to show up.
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crairezx20
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July 10, 2016, 05:42:35 PM |
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i would predict the price to go up significantly as a lot of people will be buying their bitcoins but anything can happen so i dont know what to think about it to be honest, my prediction 10 thousand dollars
Honestyly its very high value for bitcoin after 2020 but we dont know what will happen in the future. but for me i will stay at the price of 700-900 value this is i think will be happen after 4 years..
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European Central Bank
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July 10, 2016, 05:53:11 PM |
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Honestyly its very high value for bitcoin after 2020 but we dont know what will happen in the future. but for me i will stay at the price of 700-900 value this is i think will be happen after 4 years..
it was between 700 and 900 a few weeks ago. that's in the past and four years early. are you trapped in some type of temporal loop?
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iv4n
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July 10, 2016, 05:58:59 PM |
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We still didn't see effects of this halving, and it looks lime many of us here eas wrong. Almost everyone expected higher then 800 $ this time, but looks lime price is stabilized around 650 $.
I think its hard to predict price 4 years from now, if we see more then 1500 $ i think that would be good, I don't know how much people expect btc to tise, where is the limit of your predictions. Crazy and fast rise is not for kong run, its better to have steady rise over the years in my opinion.
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