Bitcoin price ready to increase ~$25 USD per day during this year.

[pooya87]

the 10000 USD price for bitcoin is one of the oldest predictions and it started in 2013 if i remember it correctly! and even back then i was skeptical that this is not going to happen in a short time.
and also since OP mentions it, i disagree with relating price of bitcoin with scaleability of bitcoin. so far, during all these years people have been investing in bitcoin rather than using it as a currency and an investor doesn't care much about scaleability. although we need bigger blocks to move forward in adoption but not price.

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[Juggy777]

At first when I saw the link I thought it would be just another link, but when I read the link and it's really nice to see the words like million dollar Bitcoin investor, now coming to his logic don't really know if that is really feasible but I would like to see it happening, this will make us all super rich. Though I think the global circumstances can send Bitcoin price up, like the trump policies let's hope for the best. I had a gut feeling that 2017 could be the year, and now let's hope it becomes a reality.

[Pettuh4]

https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

We all so wish it increases by that margin on a daily basis but realistically and historically looking at the first month of the year it's been a forward and backward dance and so I don't really feel it will soar up by $25 daily but it can of course rise by that margin some days.

[pikebu]

https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

Interisting use analysis fundamental for making prediction it is good for long time Investment in bitcoin,
unfortunately i don't use it for short Investment, I used analysis technical and thanks for your analysis.

[Kakmakr]

https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

We all so wish it increases by that margin on a daily basis but realistically and historically looking at the first month of the year it's been a forward and backward dance and so I don't really feel it will soar up by $25 daily but it can of course rise by that margin some days.

Bitcoin can be very volatile my friend. We have seen massive increases and decline in price, within a few hours. The smallest thing, sends the traders into a panic frenzy and then the bots kick in and everything goes to shit around here. A Chinese government official can only fart in his office, and it starts a ripple affect and eventually ends in a shit storm.

I do not think a increase like this will happen over a long period, it will happen in several days after a major announcement. ^smile^  

[lol3c]

Nothing is guaranteed about the future especially when it comes to bitcoin. Surely, bitcoin will make its way to the top and reach high price in this year but do you think that bitcoin increasing $25 per day is some kind of fairy tale? I mean its price would go sky high but it won't have a steady rise like that, it will fluctuating dramatically before reaching its goal.

[Gleb Gamow]

https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

We all so wish it increases by that margin on a daily basis but realistically and historically looking at the first month of the year it's been a forward and backward dance and so I don't really feel it will soar up by $25 daily but it can of course rise by that margin some days.

Bitcoin can be very volatile my friend. We have seen massive increases and decline in price, within a few hours. The smallest thing, sends the traders into a panic frenzy and then the bots kick in and everything goes to shit around here. A Chinese government official can only fart in his office, and it starts a ripple affect and eventually ends in a shit storm.

I do not think a increase like this will happen over a long period, it will happen in several days after a major announcement. ^smile^  

Conversely, a third-party payment provider's CCO can leak info about one of it's well-to-do client's recent purchases, picked up by periodicals around the globe, to send exchange participates into a buying frenzy. See https://bitcointalk.org/index.php?topic=1767039.0 if not versed as to what I'm alluding to.

[Senor.Bla]

Predictions are stupid as we all know, but we love them, especially if someone tells us some insane number, we want to believe. But such a high rise would go with many drop as people would try to sell their Bitcoins to make a profit.
If you want to see a dramatic change in price, then you should hope for a dramatic change in the Bitcoin economy or the world and i do not see the former, so only the latter seems possible and this would mean Bitcoin is a safe haven not a revolutionary currency.

[Mike8]

25$/day is way too much. Yet another silly prediction.
There's too much hope in the price and I fear that it may be far from justified.

[webtricks]

I thought technology and astrology are enemies but it is always lovely to hear such news. So, we got Tech Astrologers too who can predict the bitcoin future!
This is really absurd! Bitcoin is a product of 'perfect competition'. Its price increase or decrease with general trend followed by its users. Neither a single seller nor the single buyer can influence its price. So it is nearly joke to predict its future atleast without any conclusive factor!

[susila_bai]

https://cointelegraph.com/news/bitcoin-price-will-reach-10000-might-take-another-year-tim-draper

Three years ago, Draper predicted the Bitcoin price to reach $10,000 by now. He remains optimistic regarding the increasing Bitcoin value and expects it to reach $10,000 in a year:

“I predicted a $10000 price on Bitcoin in three years about three years ago. Might take another year.”

That equates to 9,000/365 = $24.66 per day. Luckily, the blockchain is now able to handle all them transactions. It is able to ain't it? Surely, them behind-close-doors meetings were producing such solutions, attendees only taking breaks to advance a rumor or two as fodder for respective trade rags, eh?

So as per the calculation of this prediction you mean to say is per day increase in price of bitcoin $25 will achieve the target of 10k price but if their is any bad news then it can go reverse also, so this are all guessing equations which cannot be said in reality but what lies in future is never been able to imagine.

Hope this happen and i become more rich.

[Sithara007]

Theoretically, it is possible. Right now, only around 1 million people are using BTC. Imagine what will happen if 25 million individuals invest $10,000 each in Bitcoin. That will mean a market cap of $250 billion, and an exchange rate of around $15,000 per coin.

[Senor.Bla]

Theoretically, it is possible. Right now, only around 1 million people are using BTC. Imagine what will happen if 25 million individuals invest $10,000 each in Bitcoin. That will mean a market cap of $250 billion, and an exchange rate of around $15,000 per coin.

Yes theoretically everything could happen. You should play the lottery, since theoretically you could win. Bitcoin took 8 years to go from 0 to 1 million, so the next 24 million (2 million per month) should be a piece of cake. And who would not have $10,000 each to spare just to invest in Bitcoin. It is almost done. Theoretically speaking.

[Taki]

25$/day is way too much. Yet another silly prediction.
There's too much hope in the price and I fear that it may be far from justified.

Yes, it looks too much to bitcoin add 25$ daily. But look on the price! It's already 980$ by now and yesterday the price was 930$. Looks like the prediction is coming true!

[Mike8]

25$/day is way too much. Yet another silly prediction.
There's too much hope in the price and I fear that it may be far from justified.

Yes, it looks too much to bitcoin add 25$ daily. But look on the price! It's already 980$ by now and yesterday the price was 930$. Looks like the prediction is coming true!

OK, let's talk again of this in 30 days. If Bitcoin will be 980+(30*25)=1730$ then I will come and apologize. Deal?

[Mometaskers]

It's too optimistic. Possible for it to change dramatically in a day when something happens in China but a sustained climb like that everyday seem unlikely. My concern if that should happen is that might reduce the number of people that can actually buy bitcoins.

[erickkyut]

A $25 per day increase in bitcoin price is too much but I can't say that it is impossible if we will consider the current value of bitcoin and how it increased this past few weeks! If ever that will happen, that will be beneficial for us and it is much better to save bitcoin now before that $25 daily increase will happen

[Qunenin]

Nothing is guaranteed about the future especially when it comes to bitcoin. Surely, bitcoin will make its way to the top and reach high price in this year but do you think that bitcoin increasing $25 per day is some kind of fairy tale? I mean its price would go sky high but it won't have a steady rise like that, it will fluctuating dramatically before reaching its goal.

Yeah, impossible yet the chance is there since we are growing in population and being known all over the world, though it was predicted years ago we hope that bitcoin value will reach that amount, and an increase of $25 will be great if so.

[mundang]

Even the bitcoin price is increasing 15$ per day,its not enough to drive bitcoin price to $10k. 2000$ is the highest price of bitcoin after 3 years. And the price of bitcoin will be doubled every 3 years.

[Gleb Gamow]

It's too optimistic. Possible for it to change dramatically in a day when something happens in China but a sustained climb like that everyday seem unlikely. My concern if that should happen is that might reduce the number of people that can actually buy bitcoins.

Sure it's too optimistic, hence converting the prediction into an equation in the OP to demonstrate how obscure the prediction truly is.