Will Bitcoin Reach $10,000 One Day?

[pand70]

bitcoin is over inflated if you look at the actual conversion and use of BTC in the real world.
It does not have the impact of a multi billion currency. Maybe that'll change with governemental acceptance

Because it's not only a currency. It's value as currency is only a part of it's actual value.

From bitcoin.org:

Bitcoin is an innovative payment network and a new kind of money.

[terman45x]

I think it will go way beyond 10K. I wouldn't thought it would 1,200 by the end of the year

Yes, but better if not next year, slowly rising is best and I need to buy more cheaply.

[willpower101]

BTC star crashing last night but this morning gone up again seem that 1k is the for now until christmas and new year then it can go higher maybe 1.5k

The price means nothing. 1k means nothing if someone sells 1000btc price will go down 100$. Stop looking at price alone and start checking market depth.

Nah man trade volume is to high, nee much more than 1000 btc to crash the market like that.

I didn't said down to 100$ but 100$ lower than it is now. 1000 - 100 = 900$ that is.

Right, which as he was saying, someone needed to sell 5300btc or 5MM$ to drop it 100 bucks.

Now, the thing that bugs me...

you all know about Market Makers in stocks? 5 Million bucks isn't a lot of money. If all you need is 5 million bucks to shift BTC 100 bucks that's scary as hell.

Now bear with me...

Didn't DPC (dread pirate roberts, founder of silk road, for those who are unfamiliar) get 26 THOUSAND BTC seized by the us govt?

Regardless of if they're using it or not, that means roughly $25 million dollars of BTC is sitting somewhere, in one place.

I'm SURE there is someone else with 15MM sitting around who can shake up the market by a few hundred bucks a day just by buying and selling a lot.

lastly, does anyone know how transparant the markets are? Can people see every buy and sell on every market from every exchange? Can we see if these large orders are going through like LEVEL 2 in stocks or are we just going blind? Or is it just mass hysteria that is causing the market to shift by 30% a f*cking day?

[Gimmelfarb]

i think it will reach $10k and beyond, but this rally is over!!

[uncelestial]

i think it will reach $10k and beyond, but this rally is over!!

Time to buy! Jeez, y'all should be happy when the price is low in a volatile market.

[mailhot]

I don't think that will be the zenith. With Cloud Computering grows, any limitation will find its solving.

[crazywack]

glad this dip gave me an opportunity to get a better price. I want to have a nice little egg to sit on for a few years and some to play with. a dip to $100 wouldn't bum me out at all cuz I could buy up my goal fairly easily.

[salsacz]

it will reach a lot more.

[bikerleszno]

End of this year will be about 2000$

[Bugged]

10k? Maybe not.

It'll definitely rise though as there's more media attention about bitcoins and more demand for them.

I suppose there's no reason why it can't hit 10k, but I just can't imagine it myself. I suppose 1k wasn't expected, but it happened.

[bullakahvi]

to moon 
Let see what happens.

[Misekop]

I guess the next big peak will be around 3.000.. 10.000 might be a realistic step for a horizon of 20 years

[bryant.coleman]

I guess the next big peak will be around 3.000.. 10.000 might be a realistic step for a horizon of 20 years

20 years? Really? I think that the 10K mark will be reached before 2014 December. Mining difficulty is exponentially increasing and the supply is thinning out. The demand, on the other side has grown many times. A lot of important markets (Brazil, India.etc) are yet to be explored.

[monbux]

My opinion is that either bitcoin will hit the $10,000 point, or it'll drop down and fall dead.
Don't question my unexplained logic.

[Igebotz]

My opinion is that either bitcoin will hit the $10,000 point, or it'll drop down and fall dead.
Don't question my unexplained logic.

@monbux hey just a reminder that Bitcoin chooses the first path to live today we hit $30k+