Bitcoin Forum
December 12, 2017, 10:41:28 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Will Bitcoin ever hit $1,000?  (Read 1282 times)
SgtSpike
Legendary
*
Offline Offline

Activity: 1358



View Profile
March 18, 2013, 11:29:49 PM
 #1

Speculate away.  Smiley
1513075288
Hero Member
*
Offline Offline

Posts: 1513075288

View Profile Personal Message (Offline)

Ignore
1513075288
Reply with quote  #2

1513075288
Report to moderator
1513075288
Hero Member
*
Offline Offline

Posts: 1513075288

View Profile Personal Message (Offline)

Ignore
1513075288
Reply with quote  #2

1513075288
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513075288
Hero Member
*
Offline Offline

Posts: 1513075288

View Profile Personal Message (Offline)

Ignore
1513075288
Reply with quote  #2

1513075288
Report to moderator
1513075288
Hero Member
*
Offline Offline

Posts: 1513075288

View Profile Personal Message (Offline)

Ignore
1513075288
Reply with quote  #2

1513075288
Report to moderator
1513075288
Hero Member
*
Offline Offline

Posts: 1513075288

View Profile Personal Message (Offline)

Ignore
1513075288
Reply with quote  #2

1513075288
Report to moderator
gimme_bottles
Sr. Member
****
Offline Offline

Activity: 317



View Profile
March 18, 2013, 11:32:07 PM
 #2

the only question: how long until this thread becomes obsolete?
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 756


Annuit cœptis humanae libertas


View Profile WWW
March 18, 2013, 11:33:33 PM
 #3

Yes. But I don't know when.

Actually, I originally thought that, within about five years, one BTC would be worth either about $1k or nothing.

Then I was thinking $10k per BTC...

But honestly, within 5-7 years, I think it will be either $100k+ per BTC or pretty much zero, and probably not much in between. (Ł might be between, say, zero and $2k per Ł.) And I mean $100k at today's prices, excluding any future printing actions by Helicopter Ben & Co.

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
ArticMine
Legendary
*
Offline Offline

Activity: 2086


Monero Core Team


View Profile
March 18, 2013, 11:36:07 PM
 #4

1000 USD and 10000 USD or higher are, given time, very likely. The more interesting question is whether to road to say 10000 USD takes a detour via 40 USD, 30 USD, 20 USD or even 10 USD.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
Newscastix
Sr. Member
****
Offline Offline

Activity: 349


View Profile
March 18, 2013, 11:36:38 PM
 #5

yes it will....

only question is when... 2016? 2026?
Gab1159
Member
**
Offline Offline

Activity: 75


View Profile
March 18, 2013, 11:37:41 PM
 #6

Yes.

With a maximum of 21 million bitcoins that can be mined, just imagine IF huge websites such as Amazon or eBay started to use them...21 million isn't even 1% of America's population! It will become very scarce eventually and 21 million is really a small number.

nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 756


Annuit cœptis humanae libertas


View Profile WWW
March 18, 2013, 11:40:32 PM
 #7

1000 USD and 10000 USD or higher are, given time, very likely. The more interesting question is whether to road to say 10000 USD takes a detour via 40 USD, 30 USD, 20 USD or even 10 USD.

Part of me is still a little bearish, somehow (this rocket is too powerful!), so I've held off on buying BTC, preferring the comfort of cheaper Ł instead. By exchanging between BTC and Ł one can speculate without touching fiat.

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
goldlyre
Hero Member
*****
Offline Offline

Activity: 590



View Profile
March 19, 2013, 12:00:13 AM
 #8

Yeah, sure, absolutely!!!! Grin

                               
           ░▓█████████████████▓░
          ▒▓██▓▓▓▓▓▓▓▓▓▓▒▓▒▒▒██▓▒░
      ░▒▓███▓                 ▒██▓▓▒░░    ░
▓▒███████▓▒        ░▒▒▒▒▒▒▒░    ░▓▓▓██▓▓▓▒▓
▒░██▒░░         ▒▓▓▓▓▒▒▒▒▓▓██▓▒     ░ ▒▓▓░▓
░▒▓█▒         ▒█▓▓▒▒▒▒▒▒▒▓▓▓████▓▓▒   ▒█▓▒▒
 ▒░██        ██▒▒▒▒▒▒▒▒▒▒▒▒▒░▒▒░██▒   ██▒▒
 ▓░▓█▒      ██▒▒▒▒▒▒░▒░░▒▒▒░░▒▓██▓   ▒██░▒
 ░▓░█▓     ▓█▓▒░▒▒▒▒▒▒▒░░░▒▒▓▓▓▓▓▒   ██░▓░
  ▓▒▒█▓  ▓▒█▓▒▒▓▓▒░▒░░░▒▒▒▒▒▒▒▒ █▒  ██▓░▓
   █░▒█▓ ▓███▓▒▒░░▒▒▒▒▒▒▒▒▒▒▒░ ▓█  ██▓ ▓
    █░▓█▓ ░██▓███▓▓▒▒▒▒▒▒▒░▒▒▓██  ██▓░▓
    ░█░▒██  ░ ░▓███████▓██████▒  ██▒░▓
      █▒░██▓      ░▒▒▓▓▓▓▒▒░   ▓██░▒▓
       ▓▓░▒██▒               ▒██▓░▓▓
        ░█▓░▓██▒           ▒██▓░▓█░
          ▒█▓░▓██▓       ▓██▓▒▓█▒
            ▒█▓▒▒███░ ▒███▒▒▓█▒
              ▒██▓▒▓███▓▒▒██▒
                ░▓██▒▒▒███░
                   ▒███▒














goldlyre
Hero Member
*****
Offline Offline

Activity: 590



View Profile
March 19, 2013, 12:04:31 AM
 #9


                               
           ░▓█████████████████▓░
          ▒▓██▓▓▓▓▓▓▓▓▓▓▒▓▒▒▒██▓▒░
      ░▒▓███▓                 ▒██▓▓▒░░    ░
▓▒███████▓▒        ░▒▒▒▒▒▒▒░    ░▓▓▓██▓▓▓▒▓
▒░██▒░░         ▒▓▓▓▓▒▒▒▒▓▓██▓▒     ░ ▒▓▓░▓
░▒▓█▒         ▒█▓▓▒▒▒▒▒▒▒▓▓▓████▓▓▒   ▒█▓▒▒
 ▒░██        ██▒▒▒▒▒▒▒▒▒▒▒▒▒░▒▒░██▒   ██▒▒
 ▓░▓█▒      ██▒▒▒▒▒▒░▒░░▒▒▒░░▒▓██▓   ▒██░▒
 ░▓░█▓     ▓█▓▒░▒▒▒▒▒▒▒░░░▒▒▓▓▓▓▓▒   ██░▓░
  ▓▒▒█▓  ▓▒█▓▒▒▓▓▒░▒░░░▒▒▒▒▒▒▒▒ █▒  ██▓░▓
   █░▒█▓ ▓███▓▒▒░░▒▒▒▒▒▒▒▒▒▒▒░ ▓█  ██▓ ▓
    █░▓█▓ ░██▓███▓▓▒▒▒▒▒▒▒░▒▒▓██  ██▓░▓
    ░█░▒██  ░ ░▓███████▓██████▒  ██▒░▓
      █▒░██▓      ░▒▒▓▓▓▓▒▒░   ▓██░▒▓
       ▓▓░▒██▒               ▒██▓░▓▓
        ░█▓░▓██▒           ▒██▓░▓█░
          ▒█▓░▓██▓       ▓██▓▒▓█▒
            ▒█▓▒▒███░ ▒███▒▒▓█▒
              ▒██▓▒▓███▓▒▒██▒
                ░▓██▒▒▒███░
                   ▒███▒














Elwar
Legendary
*
Offline Offline

Activity: 2310


www.bitpools.com


View Profile WWW
March 19, 2013, 12:13:25 AM
 #10

The price still cannot go too far beyond the cost of mining bitcoin.

As mining equipment becomes easier to use for the average person, several people may just opt to buy an ASIC to stick in the corner as opposed to buying through the exchange.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
BitPirate
Full Member
***
Offline Offline

Activity: 238


RMBTB.com: The secure BTC:CNY exchange. 0% fee!


View Profile
March 19, 2013, 01:57:32 AM
 #11

That sends the cost of mining BTC up, as the supply rate does not change.

More people will be invested in ASIC, will barely be able to break even, and will want good prices for their BTC.

Yes we will hit $1000.

zoinky
Hero Member
*****
Offline Offline

Activity: 811


Web Developer


View Profile
March 19, 2013, 02:00:04 AM
 #12

1000 USD and 10000 USD or higher are, given time, very likely. The more interesting question is whether to road to say 10000 USD takes a detour via 40 USD, 30 USD, 20 USD or even 10 USD.

I think the ride will be much more wild than anyone can even imagine.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!