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Author Topic: Will bitcoin reach $10,000 one day...?  (Read 10093 times)
Bittzy78
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December 17, 2013, 09:59:42 AM
 #181

I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.

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December 17, 2013, 10:24:20 AM
 #182

i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows

I think this is way off.

If (b) were to be not true, that would mean that bitcoin has been around for 2 years, meaning the popularity/usage would have been very exposed to the mainstream.  So if it does and it doesn't hit zero, it will have skyrocketed to well above 7k
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December 17, 2013, 10:33:25 AM
 #183

I don't its possible, but who knows. Maybe I am wrong, only time will show.

Yeah, who knows what the future will hold for all cryptocurrencies. The only thing that I know is that they are probably here to stay.

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December 17, 2013, 10:39:29 AM
 #184

I would vote yes. I think if it is only used as an alternative store of wealth it can do 10,000 usd. When who knows, and of cause something better may come first.
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December 17, 2013, 10:42:17 AM
 #185

I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.

Selling or spending coins helping redistribution of Bitcoins, it is good thing in my opinion.
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December 17, 2013, 10:46:35 AM
 #186

I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.

Selling or spending coins helping redistribution of Bitcoins, it is good thing in my opinion.


I agree completely but as long as people take profits, it will be harder to push through higher resistance points. I guess it would have to come to the point where people holding a $5000 Bitcoin believe it is under priced and actually worth closer to $10,000. If it is going to happen, Bitcoin will have to prove to have more utility in the real world and not just being used for online trading.

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December 17, 2013, 10:56:27 AM
 #187

I don't think that will happen until China accepts btc again Cry

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December 17, 2013, 11:01:50 AM
 #188

I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.
Then the one bought at $2000 will sell at $4000, and the one bought at $4000 will sell at $8000. It does not matter how many people sell as long as there are more and more capital enters.
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December 17, 2013, 11:41:45 AM
 #189

Bitcoin will most likely be a store of wealth within the crypto ecosystem, compareable to gold, while litecoin has the silver tag by now. Because of that prices that high might well be possible.
I don't see it as usable money at any point though. One of the second generation cryptocurrency will be used as money and maybe for other purposes. We're just seeing the emergance of cryptocurrencies in general and we're still in the earliest stages of this development.

Just don't think this will shake the establishment in any way. To use Bitcoins you have to use the infrastructure in existance. Guess who owns that....
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December 17, 2013, 04:21:33 PM
 #190

IMHO In a few years, prob 2016 at the earliest.
What would be the highest bitcoin ever reaches?
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December 17, 2013, 04:27:36 PM
 #191

IMHO In a few years, prob 2016 at the earliest.
What would be the highest bitcoin ever reaches?


No one knows, Winklevoss twins thinks Bitcoin can go to $40,000
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December 18, 2013, 12:11:17 AM
 #192

Well buddy maybe if btc survives until that happens cause btc is mostly know for the online drug market and the feds hate that

Btc was known for the drug market.
The public currently believes that SR was closed down , they don't have a clue SR2 is online , and the recent news have directed the attention to other things.
Buying a car with BTC , lots of services accepting BTC so you can almost survive with BTC only in some cities and much more.


Yes, its starting to get good publicity which boosts the market but then again people are soon to find out that the SR is back up.

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December 18, 2013, 01:16:51 AM
 #193

Probably not. USD would have to increase as well to accommodate. Just think of it as the Gold Rush.
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December 18, 2013, 01:20:33 AM
 #194

Probably not. USD would have to increase as well to accommodate. Just think of it as the Gold Rush.

There are so many dollars and so little Bitcoins. Seems possible to me
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December 18, 2013, 02:43:08 AM
 #195

I believe that BTC will either die in a year or rise to $5000 - $10000 b 2016.

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woutersteven
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December 18, 2013, 02:57:30 AM
 #196

With increasing adoption (which I'm assuming), the demand will outpace the supply driving the unit price upwards. I'm guessing we'll hit the 10.000 USD mark before Q4 of 2014 or Q1 of 2015.


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UKmint
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December 18, 2013, 03:17:58 AM
 #197

With the price of inflation i wont be surprised to see reach that high.


Only problem is that it will become very exclusive and lose its popular appeal and thus value. Something else will replace it but it will continue to grow at a steady rate as do other curriences
aquarius12
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December 18, 2013, 03:18:57 AM
 #198

I've read an article and the author predicted that Bitcoin will go up to $98,000 someday....hmm Is that make any sense?
woutersteven
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December 18, 2013, 03:28:45 AM
 #199

The technology will mature and despite regulatory hurdles, bitcoins will become more accessible to everybody. In 2014 and 2015 we will see many new companies making it easier for people to get started using cryptocurrencies.

The more people that are using it, whether for investment purposes or for actual transactions, the more demand will outpace supply and the unit price will go up.

The only way I can see the bitcoin losing value is when people start losing faith in the technology.

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DubFX
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December 19, 2013, 07:30:51 PM
 #200

If it will not get banned by central banks, then why not?
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