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Author Topic: Bitcoin reaching $10,000 worth is possible this year.  (Read 2050 times)
CoinsCoinsEverywhere
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October 13, 2017, 11:33:14 AM
 #21

if price reaches $10,000 this year it means it has gone up about 900%!
i honestly don't know what to think of that. it would be a dangerous territory and i can go as far as call it a big bubble.

this is why i say $10k this year is impossible. bitcoin is nothing like the pump and dump altcoins, you can't even pump it that high. the market is too big for things like that. there will be a big sell off if price reaches higher prices that this. also there needs to be some new money coming in. and so far i don't see that happening more than current trend.
I think a good part of the answer has to do with the reason(s) behind this crazy ~$1k increase in the last day.  If it's just because we made another ATH, then I think $10k is going to be pretty hard to hit.  But if a significant part of it is because people are hoarding to get extra forked coins, then I think $10k might be possible even within the next week or two.  While bitcoin requires significantly more money to increase its price than other cryptos, it all comes down to supply and demand.  If exchange supply shrinks (e.g., if people are hoarding), then increased demand (e.g., for extra forked coins) will lead to an even greater rise in price than normal.  And with all of the recent talk of big institutions (e.g., Goldman Sachs) entering the crypto sphere, the extra attention may be attracting more investors/money.
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October 13, 2017, 11:49:49 AM
 #22

Maybe 7k or 8k, but $10.000 is not likely to happen. We need to understand that this sudden increase is happening because of the hard fork next month. Some people are desperate for the extra coins thanks to the fork and the demand is getting higher. But after the hard fork, we will probably see a correction on the price, it will dip and we'll see how the markets react. But 10k is very unlikely.

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najmul33
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October 13, 2017, 12:42:29 PM
 #23

Yes I agree with you and I hope I hope so Bitcoin well Reach 10K. if Bitcoin reach 10K I can make 2X profit with in 4 Month  Grin Grin Grin
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October 13, 2017, 01:17:57 PM
 #24

The user base keeps increasing as people are getting aware about it as well understands about the need of such a technology to the world. What has taken place from the starting of the year to the present day is big, if the same happens throughout the year reaching $10000 will take place shortly.
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October 13, 2017, 01:39:12 PM
 #25

Base on the current upward trend of bitcoin in recent time don't you think it is possible that bitcoin value will reach $10,000 in the nearest future? As for me I'm optimistic that bitcoin will reach $10,000 before end of December, 2017. And I believe that the sailing will start by November after Sewig2x. Do you agree with me?

The $10000 speculation probably will happen by next year simple because bitcoin takes time for almost 10 months in the timeline before it reach the $5000 mark with the two months remaining for this year with some people don't know what is sewig2x is i believed maybe $7000 to $8000 is the nearest possible speculation. Lets just wait and see.
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October 13, 2017, 02:47:43 PM
 #26

One cannot completely say yes or no as to whether Bitcoin will reach the height of $10,000 before end of the year. But I believe  $8,000 is a possibility before end of the year.
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October 13, 2017, 02:53:24 PM
 #27

It's very possible, Bitcoin has doubled-up in much less than three months at least twice this year already.  I was ready to come in here and type how I don't think it will go to $10,000 by years end but I'm going to change my mind.  I think after the Bitcoin Gold fork, there will be a huge surge into Bitcoin because people are more pumped about the BT2X coin and there will be a lot of selling of Bitcoin Gold to buy into other alts instead of selling BTC.  That's just my theory though.

I was on YouTube last night and Richard Heart seems positive that BTC will go to $20,000 by years end because of some rule that will allowed BTC to be traded on Wall Street.  I've heard that one before so I take it with a grain of salt.  It doens't influence me either way because I'm not looking for short-term gains; I'm in it for the long-haul.
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October 13, 2017, 03:35:33 PM
 #28

Maybe 7k or 8k, but $10.000 is not likely to happen. We need to understand that this sudden increase is happening because of the hard fork next month. Some people are desperate for the extra coins thanks to the fork and the demand is getting higher. But after the hard fork, we will probably see a correction on the price, it will dip and we'll see how the markets react. But 10k is very unlikely.
Yes we must see the rational price that can be achieved. If the current price of bitcoin is  5500 $ then further increases may range from 1000 $ to 2000 $ within 2 months. It will happen if there is no negative news about bitcoin. There must be a positive sentiment that can make the bitcoin price stable and also increase compared to now. Overall I am very confident that there will be a rise in bitcoin prices, it will happen and we all just wait until the time comes.
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October 13, 2017, 06:35:32 PM
 #29

Bitcoin appreciate positively this past few days and it really amazing how its value almost reach $6000. I believe this grow will continue and bitcoin will still goes up but not to reach $10000 thats far enough to reality I guess...for this year it could reach $7000-8000...thats more likely to happen for me
kanayaTabitha
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October 14, 2017, 02:33:51 PM
 #30

in my opinion only reach $ 8000 no more although reportedly there will be segwit2. there would be a time to stop to equate the price between btc with altcoin.
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October 14, 2017, 03:49:31 PM
 #31

Base on the current upward trend of bitcoin in recent time don't you think it is possible that bitcoin value will reach $10,000 in the nearest future? As for me I'm optimistic that bitcoin will reach $10,000 before end of December, 2017. And I believe that the sailing will start by November after Sewig2x. Do you agree with me?
That's true. It is really possible. And as of this moment, it is continuously increasing and getting more expensive knowing that it came from a hard downfall recently. The hardfork in November will be the key for this to happen. If it will succeed, the value of Bitcoin will again go skyrocket as what happened last month of august when the most recent fork, happened.
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October 14, 2017, 05:21:11 PM
 #32

in my opinion only reach $ 8000 no more although reportedly there will be segwit2. there would be a time to stop to equate the price between btc with altcoin.
Bitcoin possibly will reach to $10,000 by next year with the currenct price now. I can see it will reach probably to $6000-7000 because after the hard fork I think it will happen to downtrend little but it will rise the value.
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October 14, 2017, 06:53:20 PM
 #33

Probably, because $10K is hope all of us who invest in bitcoin. For me, today's value is already a tremendous blessing. Because with value as now, i can bring family finances into prosperity.

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October 14, 2017, 07:10:46 PM
 #34

in my opinion only reach $ 8000 no more although reportedly there will be segwit2. there would be a time to stop to equate the price between btc with altcoin.
Bitcoin possibly will reach to $10,000 by next year with the currenct price now. I can see it will reach probably to $6000-7000 because after the hard fork I think it will happen to downtrend little but it will rise the value.

I have the similar opinion. The pump we see at the moment could last for a while, at least until the next fork in November and then probably the dump will follow. But I don't expect to be enormous or last for long, probably some slight correction. But it could cause panic selling. So for the 10000$ we should probably wait the next year.

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October 14, 2017, 10:12:13 PM
 #35

I think $10k is a bit too much by the end of this year. I expect $10k by April 2018. I'd say $7000 would be good for the end of this year, though its certainly possibly it could go higher, but a stable price at $7000 would be great.
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October 15, 2017, 09:25:53 AM
 #36

Base on the current upward trend of bitcoin in recent time don't you think it is possible that bitcoin value will reach $10,000 in the nearest future? As for me I'm optimistic that bitcoin will reach $10,000 before end of December, 2017. And I believe that the sailing will start by November after Sewig2x. Do you agree with me?
The price is increasing steadily day by day, even with high volatility rates there is high hope for bitcoin to least touch the 6,500 mark if not 10,000. It still has to become more popular to hold its price.Due to low supply the price can still go higher.
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October 15, 2017, 09:38:40 AM
 #37

Base on the current upward trend of bitcoin in recent time don't you think it is possible that bitcoin value will reach $10,000 in the nearest future? As for me I'm optimistic that bitcoin will reach $10,000 before end of December, 2017. And I believe that the sailing will start by November after Sewig2x. Do you agree with me?
The price is increasing steadily day by day, even with high volatility rates there is high hope for bitcoin to least touch the 6,500 mark if not 10,000. It still has to become more popular to hold its price.Due to low supply the price can still go higher.
Yes the increase is happening is still very possible at all. this is visible from the increasing number of bitcoin users, now the price increases from 4,000 $ to 5800 $ which only happens about a month. of course this has proved that bitcoin is now one of the most sought after investments by people. I see the most optimal conditions for an increase is at the price of 7,000 $. but it is also possible that the price could reach 10,000 $  by the end of 2017. all possibilities can still happen because sometimes bitcoin shows miracles to all of us.
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October 15, 2017, 09:50:22 AM
 #38

Base on the current upward trend of bitcoin in recent time don't you think it is possible that bitcoin value will reach $10,000 in the nearest future? As for me I'm optimistic that bitcoin will reach $10,000 before end of December, 2017. And I believe that the sailing will start by November after Sewig2x. Do you agree with me?
The price is increasing steadily day by day, even with high volatility rates there is high hope for bitcoin to least touch the 6,500 mark if not 10,000. It still has to become more popular to hold its price.Due to low supply the price can still go higher.
Yes the increase is happening is still very possible at all. this is visible from the increasing number of bitcoin users, now the price increases from 4,000 $ to 5800 $ which only happens about a month. of course this has proved that bitcoin is now one of the most sought after investments by people. I see the most optimal conditions for an increase is at the price of 7,000 $. but it is also possible that the price could reach 10,000 $  by the end of 2017. all possibilities can still happen because sometimes bitcoin shows miracles to all of us.
You cannot expect a miracle from bitcoin. I do not the first year already trying to figure out why the price increases and do not understand. The only explanation I find is that the bitcoin pumped their money whales. The only logical way of capitalization of the bitcoin is mining. But this is not enough for such price increases. What will happen to bitcoin if the whales agree with each other and withdraw their capital? I can't imagine life without bitcoin so that it could earn rather than buy.
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October 15, 2017, 10:57:44 AM
 #39

Base on the current upward trend of bitcoin in recent time don't you think it is possible that bitcoin value will reach $10,000 in the nearest future? As for me I'm optimistic that bitcoin will reach $10,000 before end of December, 2017. And I believe that the sailing will start by November after Sewig2x. Do you agree with me?
The price is increasing steadily day by day, even with high volatility rates there is high hope for bitcoin to least touch the 6,500 mark if not 10,000. It still has to become more popular to hold its price.Due to low supply the price can still go higher.
Yes the increase is happening is still very possible at all. this is visible from the increasing number of bitcoin users, now the price increases from 4,000 $ to 5800 $ which only happens about a month. of course this has proved that bitcoin is now one of the most sought after investments by people. I see the most optimal conditions for an increase is at the price of 7,000 $. but it is also possible that the price could reach 10,000 $  by the end of 2017. all possibilities can still happen because sometimes bitcoin shows miracles to all of us.
You cannot expect a miracle from bitcoin. I do not the first year already trying to figure out why the price increases and do not understand. The only explanation I find is that the bitcoin pumped their money whales. The only logical way of capitalization of the bitcoin is mining. But this is not enough for such price increases. What will happen to bitcoin if the whales agree with each other and withdraw their capital? I can't imagine life without bitcoin so that it could earn rather than buy.
Investment is driving the price higher.  People see the price going up and want to get on the bandwagon, so they buy in, too, and the price climbs even more.  It doesn't have anything to do with mining.  If anything, mining decreases the price as miners sell the bitcoin they mine to cover their costs.

It's possible that the upcoming forks are decreasing the available supply of bitcoins for sale as owners hoard their coins so they can get the extra coins when the forks happen.  Decreased supply makes it even easier for price to rise.
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October 15, 2017, 11:32:09 AM
 #40

It is possible, but I am still confusing with that amount to reach by the end of the year since it is too huge to reach with just months. Maybe by next year with same Month would be possible. I think $6000 is possible to reach by bitcoin by the end of this year.
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