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Author Topic: 10k$/BTC by the 31st December 2013?  (Read 1684 times)
Gordonium
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April 09, 2013, 06:02:09 PM
 #1

Discuss.

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noedaRDH
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April 09, 2013, 06:05:30 PM
 #2

Won't happen.

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Luckybit
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April 09, 2013, 06:05:44 PM
 #3

It's looking like it could hit 10k by the end of June.
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April 09, 2013, 06:06:29 PM
 #4

Discuss.

Nah, I don't think so.

I think it'll take at least until March 2014. Grin

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April 09, 2013, 06:10:41 PM
 #5

won't happen. There is a coordinated crack down in all of Europe on offshore holdings France Spain Italy, you name them. Lists are published daily about politicians high profiled individuals, but Bitcoin is flying under the radar as it doubles every few days?


 
 
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chiropteran
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April 09, 2013, 06:12:03 PM
 #6

I do not think it is likely to occur, but I think it is possible.  Bitcoin thus far has proven that typical expectations and assumptions are often false.

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April 09, 2013, 06:14:08 PM
 #7

An end price of around 1k or so by year's end is more likely, but even that is slim. Don't expect 10k any time soon.

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Gordonium
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April 09, 2013, 06:16:36 PM
 #8

won't happen. There is a coordinated crack down in all of Europe on offshore holdings France Spain Italy, you name them. Lists are published daily about politicians high profiled individuals, but Bitcoin is flying under the radar as it doubles every few days?

Aren't you contradicting yourself here?


Exactly.

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Luno
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April 09, 2013, 06:19:46 PM
 #9

won't happen. There is a coordinated crack down in all of Europe on offshore holdings France Spain Italy, you name them. Lists are published daily about politicians high profiled individuals, but Bitcoin is flying under the radar as it doubles every few days?

Aren't you contradicting yourself here?


It was an ironic rhetorical question, sorry that doesn't always come across on forum posts!


 
 
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Newscastix
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April 09, 2013, 06:23:35 PM
 #10

Won't happen.

Because there will be a point where people stop buying coins when they think they are too "expensive" ... "$1k for just 1 coin???"  Shocked

And they don't understand the divisibility. We need to change the units/decimals to make it look cheaper....

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April 09, 2013, 06:28:49 PM
 #11

Won't happen.

Because there will be a point where people stop buying coins when they think they are too "expensive" ... "$1k for just 1 coin???"  Shocked

And they don't understand the divisibility. We need to change the units/decimals to make it look cheaper....



We need to start using "Satoshi's". It'd be easier to get people in if they think they're buying 100's and 1000's of Satoshis instead of one Bitcoin.

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April 09, 2013, 06:50:00 PM
 #12

It would only need the exchanges to change to mbit as a unit of trade rather then using the full BTC unit. Just use the inbuilt divisability
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April 09, 2013, 06:57:44 PM
 #13


Yep many people say that. My point is that Bitcoin will be successful on its own ground and NOT because of some marketing BS and gimmicks.  People will figure out how to call things, no need for marketing BS.


+1

You should tell that the guys at The Bitcoin Foundation.

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April 09, 2013, 07:07:40 PM
 #14

Won't happen.

Because there will be a point where people stop buying coins when they think they are too "expensive" ... "$1k for just 1 coin???"  Shocked

And they don't understand the divisibility. We need to change the units/decimals to make it look cheaper....



agreed
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April 09, 2013, 07:16:30 PM
 #15

Don't worry, once 1 satoshi is $1 it will all be real simple again  Grin

Seriously, I doubt that it'll ever be at 10k$.

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April 09, 2013, 07:18:33 PM
 #16

We need to start using "Satoshi's". It'd be easier to get people in if they think they're buying 100's and 1000's of Satoshis instead of one Bitcoin.

Yep many people say that. My point is that Bitcoin will be successful on its own ground and NOT because of some marketing BS and gimmicks.  People will figure out how to call things, no need for marketing BS.


Indeed.  I haven't noticed any slowdown in people lusting after one share of BerkshireHathaway-A - at $140k or so.

Value is value.

Dankedan: price seems low, time to sell I think...
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April 09, 2013, 08:04:29 PM
 #17

Don't worry, once 1 satoshi is $1 it will all be real simple again  Grin

Seriously, I doubt that it'll ever be at 10k$.

If bitcoin is to be a widely used and reasonably stable currency, it pretty much has to ride at $10k+/BTC, barring an unlikely deflation of the dollar.

There are scaling issues that may need to be addressed, of course, before we can get up there. But bitcoin is traded at the margins, and if rich investors have enough appetite to vacuum up most of the loose bitcoins floating around...

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April 09, 2013, 08:05:42 PM
 #18

1000$ per bitcoin by apr 18th seems more accurate
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April 09, 2013, 08:13:10 PM
 #19

I think using a smaller unit like Satoshi also makes it easier for people who only want to buy a very small fraction of a one BTC, just to see how they can do it in everyday life. Sure, if 1 BTC = $10k, people could get out a calculator and see what their 5 dollars are worth in BTC but it just gets confusing for the average joe. And for wide adoption of Bitcoins, we need to cater to the average joe.

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April 09, 2013, 08:13:52 PM
 #20

I think using a smaller unit like Satoshi also makes it easier for people who only want to buy a very small fraction of a one BTC, just to see how they can do it in everyday life. Sure, if 1 BTC = $10k, people could get out a calculator and see what their 5 dollars are worth in BTC but it just gets confusing for the average joe. And for wide adoption of Bitcoins, we need to cater to the average joe.
tldr: we need more stupid suckers to buy
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