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Topic: I See bitcoin at $10,000 before end of this year. (Read 2710 times)
Idrisu
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I See bitcoin at $10,000 before end of this year.
September 25, 2017, 07:12:52 AM
#1
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 07:21:39 AM
#2
I disagree. The price may go up but I do not see it going that high. The most maybe double the current price. Most of the time the price goes up by nov to december by less than a hundred percent. So that would mean 7 to 8k.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 07:33:21 AM
#3
Amazon will not accept Bitcoin. Not in at least 5 years or so. It's just too quirky for them, and imagine all the money laundering the criminals could do thru Amazon and Bitcoin. That would make it waaay easier for them.
But I could see some mainstream merchants accept Bitcoin thru the Lightning Network, or some payment layer open to both crypto and fiat in the future. The best company I can see doing that would probably Ripple since they got all the banking partners. I know some are calling them a scam, but hey... The whole banking industry is a scam.
R
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User365
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 09:26:35 AM
#4
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
Very unlikely. 10k$ are just too much, even if Amazon would accept BTC starting this November, we would see like 7k$, maby.
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Nahl
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 09:29:21 AM
#5
i was hearing about this too that on october they will be announce the new update but i'm not really sure if they are really serious to accept bitcoin as a part of their payment method however although if Amazon really accept bitcoin but in my view $10k is too much and i don't think by the end of year new peak will be at that price
Samarkand
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 09:49:33 AM
#6
Quote from: tokeweed on September 25, 2017, 07:33:21 AM
Amazon will not accept Bitcoin. Not in at least 5 years or so. It's just too quirky for them, and imagine all the money laundering the criminals could do thru Amazon and Bitcoin. That would make it waaay easier for them.
...
I don´t think Amazon is a good place to launder money at all.
Besides, you can already order items from Amazon using services
like purse.io.
Therefore I highly doubt that fear of money laundering is the reason
why they haven´t started to accept BTC payments.
In my opinion a more likely explanation is that they have seen that other
business that started accepting BTC haven´t seen an increase in sales
or even much interest in BTC payments at all.
Bitcoin´s use case is savings and this is why most people just
hoard their coins instead of buying junk from Amazon.
Kyraishi
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 09:53:47 AM
#7
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
If Amazon does start accepting bitcoin then i have no doubt that we will see $6-7k per bitcoin by the end of the year. However it really depends on whether or not the news turns out to be legit and whether bitcoin actually gets integrated into amazon.
Otherwise, i think that we're still going to probably just slowly make our way down and the ATH remains at $5k.
$10k per bitcoin is extremely unlikely though, i wish that could happen but probably not going to happen.
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Mysterious01
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 10:00:24 AM
#8
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
Bitcoin has recover from its bad shape from China's ban and one of its reason for recovery is the acceptance and legality of bitcoin in other countries.
With this amazon acceptance of bitcoin will surely help to raise it's price but I have doubt that bitcoin will reach 10k usd by the end of the year.
7k usd will be the highest price of bitcoin by the end of the month, its my own opinion only and everything will depend on its flow.
okala
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 10:02:17 AM
#9
Amazon will not used Bitcoin as a mode of payment now maybe in years to come they may accept it. Bitcoin may like be above $10,000 in the year 2018! I doubt if Bitcoin will get to $10,000 in 2017.
Lampaster
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 10:18:34 AM
#10
Quote from: okala on September 25, 2017, 10:02:17 AM
Amazon will not used Bitcoin as a mode of payment now maybe in years to come they may accept it. Bitcoin may like be above $10,000 in the year 2018! I doubt if Bitcoin will get to $10,000 in 2017.
How can you be so sure? You know the intentions of the owners of Amazon? Or are you an expert on bitcoin? To predict the behavior of bitcoin, nobody can. I think that you just write posts for the sake of quantity.
timerland
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 11:04:04 AM
#11
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
Even though bitcoin is definitely oversold right now(because of Dimon as well as Chinese regulations), i don't think that we will go to $10000 this year. That would be more than 2 times the current ATH, and i don't think that there is enough driving force to make this happen.
But breaking the ATH again this year could be possible, before the year ends.
As long as some sort of major good media coverage occurs for bitcoin, $6k-7k could be possible.
ProTraderAltcoin
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 11:09:15 AM
#12
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
maybe you are right
im waiting bitcoin reach $10.000 then sell my 1bitcoin and buy new car
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 11:10:00 AM
#13
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
i see many people is saying that bitcoin price will reach more than $5k in this year and even you said that the price is at $10k before end of this year. the only problem we have, we don't know exactly what will happen in future and while many people said like that, we only can follow the price in the market. we need more than hope to see the price is increase but i am sure that bitcoin price will increase by itself no matter how much the price.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 11:12:19 AM
#14
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
There is a big if here.
If amazon starts to accept bitcoin then bitcoin will probably hit $10k by the end of the year. Though this news isn't an official announcement by any means from Amazon but rather just speculation and rumors coming from a news outlet.
But if amazon does start to accept bitcoin, then people are going to get hyped and they will start buying bitcoin once again. Demand will soar for bitcoin, and doubling the current all time high is not impossible.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 11:18:47 AM
#15
I don't believe we will reach $10000 at the end of this year. Maybe at the end of next year, we could be there. I might also be wrong because of the instability and volatile nature of BTC. But I am positive that the value will rise and overcome the fear that is being created nowadays.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 11:31:25 AM
#16
Quote from: ipanks on September 25, 2017, 11:10:00 AM
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
Jamie Dimon's attack on bitcoin and China FUD will be a thing of the past and by the end of this month we expect to resume another bullish momentum.The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price. I see bitcoin at $10000 before end of this year, what is your thoughts.
i see many people is saying that bitcoin price will reach more than $5k in this year and even you said that the price is at $10k before end of this year. the only problem we have, we don't know exactly what will happen in future and while many people said like that, we only can follow the price in the market. we need more than hope to see the price is increase but i am sure that bitcoin price will increase by itself no matter how much the price.
Exactly! But we can't stop them to guess like that and I also think that guessing can be helpful for some weak handed since maybe they will be gotten for that prediction and that can contribute for themselves to hold there btc for little while. And your right for now since actually the only thing we need to do for now is to enjoy the current given rate since this one is not cheap actually.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 11:38:28 AM
#17
Amazon thing is just looking like a thought or maybe a FUD at least unless we see some facts about the news that's being spread all around and it's not less than a Hype atm. But just like you, I also think that Bitcoin could go to 10k this year itself and it won't be the positive that will drag it over there but the negatives, because whenever something negative happens, then whether it's a pump or a dump Bitcoin gains more momentum as well as attracts more people towards itself and that's what we need, more people to know more about it and invest more to help it go more in value.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 12:11:06 PM
#18
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price.
This isn't 2013/2014 anymore. I don't see any reason why the market would shoot up just because a merchant (regardless of its size) accepts Bitcoin. On top of that, there hasn't been any actual confirmation from Amazon itself that it will start accepting Bitcoin by whatever period of time, and as long as that isn't happening, it's pointless to start cheering already.
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
I see bitcoin at $10000 before end of this year, what is your thoughts.
I don't see any reason for the market to increase this much in just one year. We've been through an extremely bullish period already, and it's safe to say that with the 2MB hard fork coming closer, the market will likely move towards the South rather than North in the runup to this event. Whatever happens after that will be something we'll be dealing with at that time, but right now it's better to remain conservative. It's pointless to expect too much from the market with very important things going on that might heavily influence the market in a negative manner.
bitjoin
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 12:17:21 PM
#19
Quote from: 1Referee on September 25, 2017, 12:11:06 PM
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
The news that Amazon will start to use bitcoin as a mode of payment before the end of this year will definitely going to pump the price.
This isn't 2013/2014 anymore. I don't see any reason why the market would shoot up just because a merchant (regardless of its size) accepts Bitcoin. On top of that, there hasn't been any actual confirmation from Amazon itself that it will start accepting Bitcoin by whatever period of time, and as long as that isn't happening, it's pointless to start cheering already.
Quote from: Idrisu on September 25, 2017, 07:12:52 AM
I see bitcoin at $10000 before end of this year, what is your thoughts.
I don't see any reason for the market to increase this much in just one year. We've been through an extremely bullish period already, and it's safe to say that with the 2MB hard fork coming closer, the market will likely move towards the South rather than North in the runup to this event. Whatever happens after that will be something we'll be dealing with at that time, but right now it's better to remain conservative. It's pointless to expect too much from the market with very important things going on that might heavily influence the market in a negative manner.
I agree that amazon isn't enough of a reason to move us that far on its own, it could spark the move up though. But anyway regardless of that the biggest reason for $10k this year is fiat is garbage and no other investments are looking good or a safe place to have your money right now. Bitcoin is where i want my money no matter on the price.
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Re: I See bitcoin at $10,000 before end of this year.
September 25, 2017, 12:23:48 PM
#20
I would be surprised to see 10k hit before the end of the year. I would think the earliest we might see 5 figures is around about easter next year but more realistically maybe this time next year
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