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Author Topic: Bitcoin will surge to $25,000+  (Read 2912 times)
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February 12, 2017, 03:42:48 PM
 #41

$25.000 is something that I wouldnt dream of.
It is something too good to be true. Btc needs stabilized price.

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February 12, 2017, 03:53:51 PM
 #42

already two topics in this board about a way too simple article on yahoo! about 25K price!
the 10K price prediction didn't get this much attention back in 2013 Cheesy

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February 12, 2017, 04:11:27 PM
 #43

$25,000 yahoo finance sees dollar signs on the charts.  Grin I hope that I still have even a single bitcoin by that time it happens.

But as of now, I don't expect that to happen in the first place but if that happens suddenly, I'll do sell all I've got already.

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February 12, 2017, 05:44:45 PM
 #44

$25000 is far fetched unless we have a collapse in our economies, inflation, maybe a major drop in gold value and maybe we  support from major central banks around the world backing bitcoins and its technology that's the only way we can get to that much.

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February 12, 2017, 06:01:37 PM
 #45

$25000 is far fetched unless we have a collapse in our economies, inflation, maybe a major drop in gold value and maybe we  support from major central banks around the world backing bitcoins and its technology that's the only way we can get to that much.

Let's hope that does not happen because prices would be high, I speak of consumer products, food, clothing, etc..., but with the economic system that we currently have, inflation has been growing for years, without stopping, maybe if it is true if we compare it with a balloon, if the inflation point is exceeded at some point it must explode with serious consequences, perhaps it already happened before but now we have the disadvantage that we have much less natural resources than before and that is serious. On the other hand if the price of BTC were so high could be because of its use and not necessarily the product of an economic collapse.

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February 13, 2017, 03:40:37 PM
 #46

It would be really amazing to see Bitcoin go beyond four digits. But I'm not in a hurry for it, only a few months since Bitcoin has exceeded three digits. Reaching such a value will not be easy, and it's better not to occur quickly and inorganically.

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February 14, 2017, 04:01:01 AM
 #47

Friends, there's another thread on this exact topic - started within 12 hours of this one.

You all might want to check it out, read some of the various thoughts about the future price activity.

https://bitcointalk.org/index.php?topic=1787241.0

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February 14, 2017, 07:18:39 AM
 #48

Yes 25k is a completely achievable but its not gonna happen today or tomorrow, it may take a decade probable before btc comrs near to that number.
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February 14, 2017, 11:39:58 AM
 #49

I don't expect bitcoin can reach prices of $25.000 in the near future, I think the better price bitcoin can ride in a natural, so it can't be controlled so that it can create certainty.
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February 14, 2017, 11:58:56 AM
 #50

$25.000 is something that I wouldnt dream of.
It is something too good to be true. Btc needs stabilized price.
You can never tell never when it comes to the price of bitcoin ,when it all started no one expected the price would cross $15 and there were more skeptics telling that it wont reach $100 and when it crossed those figures the price rose to $1000 in a very few trading days and still the price is hovering around that value and it is a matter of time we would reach new price territories,who knows what the price would be five years from now.
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February 14, 2017, 12:38:36 PM
 #51

So I realized he's making a bitcoin price projection in the future.

It may be possible from here, for 30 years, the price of bitcoin is $25000 or more, who knows. But for now let's be realistic.

Being more realistic avoids disappointments.

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February 14, 2017, 02:12:35 PM
 #52

So I realized he's making a bitcoin price projection in the future.

It may be possible from here, for 30 years, the price of bitcoin is $25000 or more, who knows. But for now let's be realistic.

Being more realistic avoids disappointments.

Yes for this to happen you will probably need a very long breath!
So you will have to make the Buffett!Buy and hold!Not sure how many of us could do that over such a long time frame as many here are mostly speculating on some short to mid term profits!
So this voyage to $25k+ will be long and bumpy with several boom and bust cycles!

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February 14, 2017, 02:18:26 PM
 #53

So I realized he's making a bitcoin price projection in the future.

It may be possible from here, for 30 years, the price of bitcoin is $25000 or more, who knows. But for now let's be realistic.

Being more realistic avoids disappointments.
true, realistic is a good trait. we must believe that the price of bitcoin will reach 25,000USD. may look like a dream, but this will become a reality in the future. we will see a rapid development.



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February 14, 2017, 02:59:17 PM
 #54

It would be awesome to see bitcoin above 25,000 dollars. But before that bitcoin will have to break many resistance and build solid support levels too. And if bitcoin sees some good developments in the coming months, we can see it getting appreciating in value.

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February 14, 2017, 03:12:49 PM
 #55

With some math you could calculate the future price of bitcoin, what is difficulty right now and what is price and how much does it cost to mine a single bitcoin? lets say with cheapest electricity you could mine a coin at $750 cost and with more expensive electricity between $800 and $970. so at least you need to be mining a single coin at $22000 cost to sell with $3000 pure profit.
Now just consider difficulty increase over time and calculate the future price, though that's just raw speculation because you'll need to include new mining chips might be much more powerful than they are now comparing their price to their productivity and alternative energies and even cheaper energy costs with new technologies in the future as well not to mention somehow exploding demands that pushes the price exponentially high.


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February 14, 2017, 04:15:30 PM
 #56

With some math you could calculate the future price of bitcoin, what is difficulty right now and what is price and how much does it cost to mine a single bitcoin? lets say with cheapest electricity you could mine a coin at $750 cost and with more expensive electricity between $800 and $970. so at least you need to be mining a single coin at $22000 cost to sell with $3000 pure profit.
Now just consider difficulty increase over time and calculate the future price, though that's just raw speculation because you'll need to include new mining chips might be much more powerful than they are now comparing their price to their productivity and alternative energies and even cheaper energy costs with new technologies in the future as well not to mention somehow exploding demands that pushes the price exponentially high

I'd rather say at highest than at least

Since no one can prevent you from mining Bitcoin at the cost of 100 dollars per coin but still sell it at 25k, right? Further, mining difficulty is a bad choice for calculating future prices as well as costs simply because it depends on the number of miners and them competing between themselves (more specifically, on the current hash rate), not so much on price. Though I generally agree that the higher the price the tougher will be this competition (and higher the hash rate)

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February 14, 2017, 04:47:13 PM
 #57

$25.000 is something that I wouldnt dream of.
It is something too good to be true. Btc needs stabilized price.

au contraire, If price stabilizes, bitcoin dies (eventually).
mining block size decrease and difficulty rise are "supposed" to occur in parallel with btc price increase, otherwise miners would not be able to mine profitably and transaction validation stops, therefore network wanes and eventually dies off.
this is all according to Satoshi's design.
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February 14, 2017, 05:00:08 PM
 #58

$25.000 is something that I wouldnt dream of.
It is something too good to be true. Btc needs stabilized price.

au contraire, If price stabilizes, bitcoin dies (eventually).
mining block size decrease and difficulty rise are "supposed" to occur in parallel with btc price increase, otherwise miners would not be able to mine profitably and transaction validation stops, therefore network wanes and eventually dies off.
this is all according to Satoshi's design.

Yeah, we need constant growth, that's what people need to understand. Bitcoin is deflationary in nature, so there has to be growth so good profits for miners are sustained as the supply and mining reward both decrease.

The marketcap is tiny. Bitcoin will reach 5 figures before  2025 guaranteed.

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February 14, 2017, 06:32:47 PM
 #59

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.

It is early to say that Bitcoin will not pass $10,000 if we consider Bitcoin being use for more than centuries.  If we can assume that every decade, Bitcoin will increase by $1000 then we can see Bitcoin reaching $10,000 in 100 years.  But well as I say, it is still early to say it will or will not reach that price since we cannot tell what future brings.


     
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February 14, 2017, 07:04:46 PM
 #60

IMO for bitcoin to reach any of the prices that we see like this 25k we would need to wait many years. Right now there are still far too many early adopters with 100s up to 1000s of bitcoins just waiting to cash out. The only time i could see these prophecies becoming fulfilled is when the market is far more diluted, Right now if we jumped to prices of 10k plus there would be too many people dumping massive amounts in a short time.

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