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Author Topic: $10 VS. $10,000 - What Say You?  (Read 2120 times)
uMMcQxCWELNzkt (OP)
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October 24, 2013, 05:53:33 PM
 #1

I would like to find out which of the two prices you think is most likely to happen (first) in the future. Obviously this is purely out of interest just to find out which of the two extremes the majority are leaning towards. Also please don't make up random prices like "I think it will reach $250,000 Cheesy!", this is all about which you feel is most likely to happen first not what it could ultimately reach.

Two Options:
$10 per Bitcoin
$1000 per Bitcoin
$10,000 per Bitcoin
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October 24, 2013, 05:54:14 PM
 #2

1k
SheHadMANHands
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October 24, 2013, 05:55:11 PM
 #3

One is a 400% gain. The other is a 95% lose.  So I'm going to go with $1,000, based on pure mathematics.
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October 24, 2013, 05:56:05 PM
 #4

this question is too easy.

1,000$

Mike Christ
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October 24, 2013, 05:56:17 PM
 #5

$10 for one Bitcoin is a signal of Bitcoin's death; I see no signs of this happening in the near future so $1000 is the way to go.

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October 24, 2013, 05:56:48 PM
 #6

$1000
uMMcQxCWELNzkt (OP)
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October 24, 2013, 05:58:23 PM
 #7

To be honest I thought $1000 might not be enough, I am going to make a sneaky edit and change the price to $10,000 otherwise we wont see much variation. Or perhaps I should make it £100,000?  Tongue
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October 24, 2013, 06:00:06 PM
 #8

To be honest I thought $1000 might not be enough, I am going to make a sneaky edit and change the price to $10,000. I am sure some would like to see £100,000.  Tongue

You sneaky bastard.

I'd still say $10k, the high side.  If btc hits $1k, which is more likely than $10, it would seem extremely less probably it'd go back to $10 (or even $200-) at that point.
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October 24, 2013, 06:00:28 PM
 #9

Well $10 is a 20x loss, so you might want to compare it with a 20x gain: $4000.

I think $4000 is way more likely, like maybe 10 to 1 odds.
uMMcQxCWELNzkt (OP)
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October 24, 2013, 06:06:05 PM
 #10

To be honest I thought $1000 might not be enough, I am going to make a sneaky edit and change the price to $10,000. I am sure some would like to see £100,000.  Tongue

You sneaky bastard.

I'd still say $10k, the high side.  If btc hits $1k, which is more likely than $10, it would seem extremely less probably it'd go back to $10 (or even $200-) at that point.

I agree, I cannot see Bitcoin's price going below $50 from now on to be honest.

Well $10 is a 20x loss, so you might want to compare it with a 20x gain: $4000.

I think $4000 is way more likely, like maybe 10 to 1 odds.

I could but this question is not so much about the math, but rather if you feel Bitcoin will fail or succeed. Let's stick to 10k otherwise the thread will get confusing lol.
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October 24, 2013, 06:09:30 PM
 #11

To be honest I thought $1000 might not be enough, I am going to make a sneaky edit and change the price to $10,000. I am sure some would like to see £100,000.  Tongue

You sneaky bastard.

I'd still say $10k, the high side.  If btc hits $1k, which is more likely than $10, it would seem extremely less probably it'd go back to $10 (or even $200-) at that point.

I agree, I cannot see Bitcoin's price going below $50 from now on to be honest.
why i miss read that...

IF the floor is tested i would assume its in the 90-70 range.



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October 24, 2013, 06:29:51 PM
 #12

$10K way more likely than $10, though maybe not this year...

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October 24, 2013, 06:39:29 PM
 #13

$10K way more likely than $10, though maybe not this year...

It is crazy to think that $10K is now more plausible than $10!  If that is true, and it probably is, we should all be buying coin up like crazy, even at $200. 

Wish I had more cash lying around.  I guess we all do. Wink

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Ozymandias
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October 24, 2013, 06:41:36 PM
 #14

10 vs 10,000 is actually a pretty difficult question to answer. 10 would represent failure while 10,000 is nearing the upper realistic limit (not to say that it can't go beyond a realistic limit, but if it did, I would spend a while pinching myself). I doubt that bitcoin the protocol will be broken in the short-mid future <3-5 years, and I know enough people who would [possibly literally] give up a limb to buy btc at $10.01 that it seems to me to be slightly more likely that $10k/btc would be visited first.
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October 24, 2013, 06:45:43 PM
 #15

1K! latest september 2014 Cool
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October 24, 2013, 07:10:37 PM
 #16

$10,000 seems more likely. To see $10 something way more popular than bitcoin would have to be introduced and gradually adopted.

I don't see ripple or LTC catalyzing that change.
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October 24, 2013, 07:21:20 PM
 #17

10 k
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October 24, 2013, 07:36:56 PM
 #18

probably $10k, but that's a pretty wide range, probably a long time off from now

uMMcQxCWELNzkt (OP)
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October 24, 2013, 07:41:49 PM
 #19

I do think it looks promising for Bitcoin, it would take a major catastrophe to knock it down to $10. Plus we would need an alternative as I doubt crypto would just die off, if it did hit $10 I don't feel there are any worthy alternatives yet.  I can imagine in a year or so we will being saying the same about $100 as an unlikely possibility.
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October 24, 2013, 08:06:13 PM
 #20

1k or 10k are much more likely than $10.

$10 (or less) will only happen if there is some major flaw discovered in the protocol.

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