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Author Topic: We'll be at 10,000+ by 2026  (Read 4843 times)
greatr
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July 23, 2016, 06:13:50 PM
 #61

bitcoin is a netscape of digital currencies. there will be more advanced central bank coin in the future with regular people mass adoption which you can actually use at grocery store

IMO that is practically irrelevant.

Gold exists and it's not an accepted form of money, but almost exclusively used as a safe haven asset. There is $8 TRILLION invested in Gold.

If people use FiatCoin in the future there is still a case for an alternative safe haven crypto asset (BTC). If BTC reaches 2% of Gold market cap then we're at $10,000 BTC.

If 1 bitcoin is worth $10k, it will cost (1800 bitcoins mined per day) x ($10,000 per bitcoin) = $18 million per day to secure the bitcoin network at current level.

Eighteen million dollars every day, six billion five hundred seventy million dollars per year, forever and all time. Doesn't seem practical Undecided

Seems like a large amount I agree, but in the grand scheme it's still a drop in the bucket.

For a global payments system and store of value that 8 Billion people can potentially benefit from? I think money has been spent in far worse ways.

Didn't you say FiatCoin will be the global payment system, with BTC being an "alternative safe haven crypto asset"?
Bitcoin makes a pretty poor "global payments system," it can process 7 transactions per second max. That's enough for maybe two US shopping malls. On a slow day.
The reason bitcoin is developing is because to fix the issues we're facing like slow transactions.. Soon this things will be fix and there will be no reason as bitcoin won't be good payment system globally.
the transactions themselves are really fast because it is nearly instant, the confirmations what takes a really long time to happen unfortunately
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July 23, 2016, 08:38:14 PM
 #62

The reason bitcoin is developing is because to fix the issues we're facing like slow transactions.. Soon this things will be fix and there will be no reason as bitcoin won't be good payment system globally.
the transactions themselves are really fast because it is nearly instant, the confirmations what takes a really long time to happen unfortunately
[/quote]

The most important thing is the first confirmation. If that happen in the first 4 to 6 blocks, it is fine. If it is too long, it is  bad for user.
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July 23, 2016, 08:41:16 PM
 #63

$10k in 10 years sounds good to me, but 10 years still is a lot of time and many things may happen in the meantime.

I would not take 10k for granted, if it happens, good, if it don't, better have another way to be rich
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July 23, 2016, 08:57:48 PM
 #64

Yes, the coming central bank coin will be 10 000 in 2026.
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July 23, 2016, 09:06:33 PM
 #65

Enough time to reach 10k, when people understand the efficiency and importance of it, they will use it.
Demand up, price following the trend.
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July 23, 2016, 09:18:35 PM
 #66

People say that btc will take value compared to dollars. Well sure enough btc price is always going up mainly because the more time goes by, the more people use it and see it as a vauable currency.

But the other point that will make it worth much more than 10k is that dollar is shaking. USA economy is going down and down and so wil do the dollars in next years! Maybe until a point where 10k dollars is not so much ^^
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July 23, 2016, 09:35:32 PM
 #67

Yes, the coming central bank coin will be 10 000 in 2026.
central banks will never accept bitcoins i think, bitcoin will never go along with fiat, also if bitcoins would become big then it would destroy the banks for sure

 
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July 23, 2016, 09:47:25 PM
 #68

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

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July 23, 2016, 10:20:03 PM
 #69

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..
how you cannot imagine that? i guess people didnt imagine bitcoins at 660 too when they were at something like 50 dollars, 10000 will happen sooner or later

 
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July 24, 2016, 12:03:36 AM
 #70

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.
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July 24, 2016, 04:23:01 PM
 #71

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.

$10000 is just 16 times of the current bitcoin price. If the price of bitcoin double every year, it will just take 4 years.

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July 31, 2016, 12:51:19 PM
 #72

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.

$10000 is just 16 times of the current bitcoin price. If the price of bitcoin double every year, it will just take 4 years.

The chance that the price will double in just one years is minimal. The chance of that happening 4 times in a row is near impossible.
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July 31, 2016, 01:01:34 PM
 #73

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.

$10000 is just 16 times of the current bitcoin price. If the price of bitcoin double every year, it will just take 4 years.

The chance that the price will double in just one years is minimal. The chance of that happening 4 times in a row is near impossible.
we will never know what will happen in bitcoin in every year. I think it's really going to happen if in one year bitcoin prices continue to rise to the height. if bitcoin really have such a high price in the year 2026, I think bitcoin is something very important and very luxurious at the time, and I'm sure it would be money that has the highest value.

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July 31, 2016, 02:38:21 PM
 #74

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.

$10000 is just 16 times of the current bitcoin price. If the price of bitcoin double every year, it will just take 4 years.

The chance that the price will double in just one years is minimal. The chance of that happening 4 times in a row is near impossible.
we will never know what will happen in bitcoin in every year. I think it's really going to happen if in one year bitcoin prices continue to rise to the height. if bitcoin really have such a high price in the year 2026, I think bitcoin is something very important and very luxurious at the time, and I'm sure it would be money that has the highest value.

10,000 USD pre BTC is one of thsoe numbers that has been around for a very long time ever since the price went to the moon the first time (the big pump of $1200) and ever since i was using bitcoin i can't really wrap my hear around this number and think of any possible way at all that bitcoin can reach it even in 2026 or any more time in the future.

Buying the dip...
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August 01, 2016, 09:47:51 AM
 #75

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.

$10000 is just 16 times of the current bitcoin price. If the price of bitcoin double every year, it will just take 4 years.

The chance that the price will double in just one years is minimal. The chance of that happening 4 times in a row is near impossible.

The bitcoin price has risen over 200% in the last 12 months. When more people use it, the price will rise a lot.

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August 01, 2016, 10:45:43 AM
 #76

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.

$10000 is just 16 times of the current bitcoin price. If the price of bitcoin double every year, it will just take 4 years.

The chance that the price will double in just one years is minimal. The chance of that happening 4 times in a row is near impossible.

The bitcoin price has risen over 200% in the last 12 months. When more people use it, the price will rise a lot.
The price is good before halving and after that we could never see an improvement in the price, just was stable for long term which could drop or rise heavily, if no big drops occur it can be $ 3000 by 2026.
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August 02, 2016, 07:52:59 AM
 #77

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

Yeah we already got a very high price for bitcoin. And I don't see it happening it just to 10.000 in 9 years. My idea about the price of bitcoin is that it is limited.
At max i see the price some day would reach 5000 dollar. From there a period of stability will come, just like we have in traditional currencies.

$10000 is just 16 times of the current bitcoin price. If the price of bitcoin double every year, it will just take 4 years.

The chance that the price will double in just one years is minimal. The chance of that happening 4 times in a row is near impossible.

The bitcoin price has risen over 200% in the last 12 months. When more people use it, the price will rise a lot.
The price is good before halving and after that we could never see an improvement in the price, just was stable for long term which could drop or rise heavily, if no big drops occur it can be $ 3000 by 2026.

I agree with most part of the above comments. But I think the $3000 price could be reached in 3 to 5 years.

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August 02, 2016, 09:33:34 AM
 #78

In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.

yes and miners only hope of the fees, so the fees may have to be increased, so that miners keep walking and every transaction we can be confirmed. but the price of bitcoin must be at a high price for it, in order to remain mutually beneficial.

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August 02, 2016, 01:19:07 PM
 #79

10 years from now... Maybe it could happen, I believe we can achieve that as so much will happen for 10 years and since the world is so fast technology will be huge in that time. With the technology taking over, I believe digital currency will also grow and since bitcoins is the most popular trusted coins now we should see a good future comes with a great price.
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August 02, 2016, 01:26:01 PM
 #80

that is not true we still did not reached 1000$ so its impossible to reach 10000$ in 20years.its not just going to multiply our price to increase it we need more people adopinting the bitcoin system and we need even more miners tp make the network fast and secure
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