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Author Topic: Bitcoin will surge to $25,000+  (Read 2934 times)
ProfessionalGoogler
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February 11, 2017, 07:56:11 AM
 #1

http://finance.yahoo.com/news/why-bitcoin-will-surge-to-25000-142402299.html

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We fought tooth and nails to get the media to cover gold when it traded at $300. These events work out over cycles measured in decades, which is the amount of time required to convince the majority.

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Whether tulips, housing or tech stocks, bubbles require public participation. And as blockchain becomes more ubiquitous, it lends credibility to the technology behind bitcoin. We feel that digital currencies, such as bitcoin, have now entered a similar cycle.

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It will take many years of great returns to remove the current skepticism on digital money. And there will be pressure from governments to regulate it, which in the end, will only lend it more legitimacy

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We suggest, however, that it will exceed everyone’s hopes, aspirations and dreams.
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February 11, 2017, 08:01:01 AM
 #2

I remember I have read similar articles back in late 2013 when bitcoin prices were testing $1000 levels for the very first time.

I am a believer of bitcoin prices and always speculating about million dollar prices for bitcoins, hence no surprises for me on seeing this article still thank you for sharing the link for another supportive article for my speculations.

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ProfessionalGoogler
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February 11, 2017, 08:03:36 AM
 #3

I remember I have read similar articles back in late 2013 when bitcoin prices were testing $1000 levels for the very first time.

Yup, you can blame Mt Gox for BTC crashing down.

If only Mt Gox didn't fail like it did... I can only imagine where BTC would be today... It certainly 100% would be higher than it is now.
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February 11, 2017, 08:36:54 AM
 #4

I remember I have read similar articles back in late 2013 when bitcoin prices were testing $1000 levels for the very first time.

Yup, you can blame Mt Gox for BTC crashing down.

If only Mt Gox didn't fail like it did... I can only imagine where BTC would be today... It certainly 100% would be higher than it is now.

you know that Mt Gox was the reason for that rise too, right?
price wouldn't have gone to $1200 overnight if it weren't for Mt Gox fake pump and the bubble of 2013.

the only difference in case Mt Gox never existed would have been an steadier rise with a more logical rate and then a higher price today. probably around $2000.

and as i always say prices such as the $10,000 which they always say and this one article about $25,000 can not happen in short term. unless there is a ridiculous amount of adoption happening overnight which is also impossible.

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ProfessionalGoogler
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February 11, 2017, 08:50:23 AM
 #5

I remember I have read similar articles back in late 2013 when bitcoin prices were testing $1000 levels for the very first time.

Yup, you can blame Mt Gox for BTC crashing down.

If only Mt Gox didn't fail like it did... I can only imagine where BTC would be today... It certainly 100% would be higher than it is now.

you know that Mt Gox was the reason for that rise too, right?
price wouldn't have gone to $1200 overnight if it weren't for Mt Gox fake pump and the bubble of 2013.

the only difference in case Mt Gox never existed would have been an steadier rise with a more logical rate and then a higher price today. probably around $2000.

and as i always say prices such as the $10,000 which they always say and this one article about $25,000 can not happen in short term. unless there is a ridiculous amount of adoption happening overnight which is also impossible.

Banks and others said Bitcoin was "impossible" too..  Roll Eyes
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February 11, 2017, 09:45:46 AM
 #6

how long prediction, bitcoin price can reach to 25k dollar
but if i think is very dificult bitcoin price can reach 25k dollar, i think imposible
you can see in sending fee , 100k satoshi/1Mb
so if bitcoin price 25k dollar, sending fee is fantastic 25dollar/1Mb, is many people not want sending bitcoin again is sending fee is very high


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February 11, 2017, 09:58:40 AM
 #7

Its always encouraging to see posts like this and id love to see 25k coins but i think the toip will be much lower. Its taken 8 years for us to break 1k properly (i assume) . Id guess it would be another 5 years to make any other serious movements, Maybe 2 k in 5 years but i doubt it. Weve still got the major hurdle of the blocksize debate which will kill the price once whatever happens happens. And if we dont get segwit/BU or anything else that pops up the bitcoin will be getting strangled more and more.

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February 11, 2017, 10:58:07 AM
 #8

how long prediction, bitcoin price can reach to 25k dollar
but if i think is very dificult bitcoin price can reach 25k dollar, i think imposible
you can see in sending fee , 100k satoshi/1Mb
so if bitcoin price 25k dollar, sending fee is fantastic 25dollar/1Mb, is many people not want sending bitcoin again is sending fee is very high
Actually, it possible happen, but not within a short time, because to achieve that price will take time and good conditions. Although bitcoin prices continue to rise will still need time to reach $ 25,000, especially if prices fluctuate, it requires a longer time. And you're right, it would require a very high fee to sending. Now I think too quickly to think like that.
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February 11, 2017, 11:01:59 AM
 #9

This Is not encouraging this is daydreaming. We can expect rise in the future but this is too much. Give us a math behind all those numbers and soon you will stop making such fantastic predictions. For this you will need really large money invested.
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February 11, 2017, 11:13:34 AM
 #10

This Is not encouraging this is daydreaming. We can expect rise in the future but this is too much. Give us a math behind all those numbers and soon you will stop making such fantastic predictions. For this you will need really large money invested.

This is exactly how people talked when BTC was just dollars. We were day dreaming to believe BTC would even touch $100..  Roll Eyes
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February 11, 2017, 11:16:28 AM
 #11

This title is beyond clickbait. I don't know that the people pushing such articles to yahoo news are trying to achieve but the fact that this piece was released just when BTC/USD breached below $1000 levels is more that suspicious. "News" articles like this won't achieve much in terms of manipulating a market that's solely based on demand.














 

 

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February 11, 2017, 11:18:31 AM
 #12

this is not only daydreaming but also i say it is more harmful to bitcoin's adoption than anything else.

think of it this way, articles like these that keep speculating about a huge rise (a surge to ridiculously high prices) are false promises and make bitcoin look like a "get rich quick" thing where people can buy now and become rich overnight!

and this is harmful because people start only seeing the investment part of bitcoin and we can never see the mass adoption ever. and besides when price doesn't rise with that speed and rises with slower logical speed and has some dips like 2 days ago, all those people who bought with the dream of getting rich will dump scared and run away.














 

 

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ProfessionalGoogler
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February 11, 2017, 11:46:48 AM
 #13

this is not only daydreaming but also i say it is more harmful to bitcoin's adoption than anything else.

think of it this way, articles like these that keep speculating about a huge rise (a surge to ridiculously high prices) are false promises and make bitcoin look like a "get rich quick" thing where people can buy now and become rich overnight!

and this is harmful because people start only seeing the investment part of bitcoin and we can never see the mass adoption ever. and besides when price doesn't rise with that speed and rises with slower logical speed and has some dips like 2 days ago, all those people who bought with the dream of getting rich will dump scared and run away.

Wow did you even read the article? It even says this won't happen over night.

 Roll Eyes Now who is the one spreading FUD?  Roll Eyes
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February 11, 2017, 02:12:37 PM
 #14

@OP i can help you find a good psychologist to help you with your issues of delusion.

Bitcoin economically and technically can't go even near those values.

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February 11, 2017, 02:24:26 PM
 #15



you know that Mt Gox was the reason for that rise too, right?
price wouldn't have gone to $1200 overnight if it weren't for Mt Gox fake pump and the bubble of 2013.

the only difference in case Mt Gox never existed would have been an steadier rise with a more logical rate and then a higher price today. probably around $2000.

Why don't people ever mention China any more in relation to the 2013 pump? Is it less fun somehow than a neat conspiracy theory? Bitstamp overtook gox during that pump too.

China was probably equally goxy too but they kept it up for longer and didn't fail at it.


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February 11, 2017, 02:28:35 PM
 #16

The article did not offer any new argument that will support the surge, just the old finite supply of bitcoin. As much as I want that to be true, I will not put too much hope in it. For now, I am happy if bitcoin can reach 2000$ within my lifetime. 25,000$ is just too good to be true for me.


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skycoinlab
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February 11, 2017, 07:11:47 PM
 #17

I think that Bitcoin value at a $25,000 will be just logic if we watch all the evolution of it since 2010.
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February 11, 2017, 08:24:23 PM
 #18

25 000$ is something very realistic, but what we just need to know is when it will be. If it is in a a few decades, then it will not be interesting, as maybe 25 000$ will be the price of a smartphone due to a great inflation. 10 years is the maximum interesting period of growth, but less than 5 years is even better.

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February 11, 2017, 08:32:48 PM
 #19

I hope it goes to $80k - then satoshi will be the richest man on Earth!
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February 11, 2017, 08:35:37 PM
 #20

I hope it goes to $80k - then satoshi will be the richest man on Earth!

Very unlikely to go that far, but I would be very happy since I will be very very rich. But even though Satoshi will be the richest direct man on Earth, there is people far more rich that he will be at this point. But for me we will not pass 10 000$, as I see already great difficulties for us to reach 5000$ in a decade.

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