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Author Topic: Will bitcoin reach $10,000 one day...?  (Read 10110 times)
Nitromojo
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December 12, 2013, 03:39:36 PM
 #121

Folks, I believe Bitcoin can go to $10,000 or $20,000. But I also believe it can go to 0.1 cent as well. The problem I see and my real concern is that 20/25% of all bitcoins are in 100 hands. Just the top of the list has 111.111 bitcoins. For some reason, if this guys ever sell a portion of his wallet, bitcoin could go to 0.1. So my concern is my investment is still in the hands of somebody else.

Please I love bitcoin, and I´m not a fear monger, neither negative. But this is what makes me no sleep at night.

Take care All
Nitromojo
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DeboraMeeks
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December 12, 2013, 03:46:50 PM
 #122

it already reached the $1,000 some time ago but I think there is a long way to go to reach the $10,000,I think it might be at that level after 5-10 years if the current growth continues at these rates or close to it.
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December 12, 2013, 05:00:37 PM
 #123

i speculate in 2015. with the chinese ban on bitcoin we would be at 2000$ right now.
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December 12, 2013, 05:07:13 PM
 #124

I think it will reach 10 000 in 2-3 years. When price was $100 many people were talking that it is maximum value Smiley
bumpk1nK
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December 12, 2013, 05:11:18 PM
 #125

I think it will reach 10 000 in 2-3 years. When price was $100 many people were talking that it is maximum value Smiley

$10 was maximum value as well, I saw posts here saying buying over $5 is very expensive and way to loose money

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December 12, 2013, 05:12:22 PM
 #126

Depends if there are people in the general public who have no coins that would be willing to drop that kind of money to have coins. Also there is the problem of early adopter wealth concentration right now.
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December 12, 2013, 05:29:44 PM
 #127

Next financial crisis is coming and with it an all time high  Cheesy
HigsonPP
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December 12, 2013, 07:13:37 PM
 #128

yes, it will reach 10k, maybe 100k and beyond. it will take a while though. i think we go down from here for a while.... just had huuuuuge growth in such little time.... need to return to exponential trend

dasource
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December 12, 2013, 07:31:31 PM
 #129

... it's all a matter of time and how much easier it becomes to use on a day to day basis.
my two cents

^ I am with STUPID!
gminerph
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December 12, 2013, 07:40:34 PM
 #130

If it gets accepted by major banks then I could definitely see it happening.
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December 12, 2013, 08:52:27 PM
 #131

I know it will, the thing that worries me is what will be the reason for it being so high.  I hope 10,000 bitcoin becomes the norm in the short term to be honest.  I think that is what we should all be focused on making a reality!

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December 12, 2013, 08:55:35 PM
 #132

I certainly hope so but I wonder if an another coin becomes more attractive
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December 12, 2013, 08:56:39 PM
 #133

You can never really tell, most of the guys that are bullish about BTC have invested in them.
It can go to $10,000 but it can go to $100 too. 10x fall is not big, it went from $32 to $2 once.

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PenAndPaper
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December 12, 2013, 09:04:00 PM
 #134

Folks, I believe Bitcoin can go to $10,000 or $20,000. But I also believe it can go to 0.1 cent as well. The problem I see and my real concern is that 20/25% of all bitcoins are in 100 hands. Just the top of the list has 111.111 bitcoins. For some reason, if this guys ever sell a portion of his wallet, bitcoin could go to 0.1. So my concern is my investment is still in the hands of somebody else.

Please I love bitcoin, and I´m not a fear monger, neither negative. But this is what makes me no sleep at night.

Take care All
Nitromojo

Those are the guys that want bitcoin to succeed more than everyone else. Also if those guys sell bitcoin might go to 0 for a second but it will bounce up immediately if it has the real value that most of us think.
WNxRip
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December 12, 2013, 09:06:59 PM
 #135

Bitcoin growing as a whole in value cannot be seen as anything but good.

Generally if bitcoin goes up in price then the other coins will follow up in price, Litecoin will go up in price aswell, aswell as the dreaded Quark (in my opinion), all coins will grow in value if Bitcoin continues to rise. in 5 years if there is mainstream acceptance of Cryptocurrencies around the world then this will explode.
It's hard to believe by looking at the price of Bitcoins currently but cryptocurrencies are still in their infancy, the sky truly is the limit price wise.
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December 12, 2013, 09:13:37 PM
 #136

You can never really tell, most of the guys that are bullish about BTC have invested in them.
It can go to $10,000 but it can go to $100 too. 10x fall is not big, it went from $32 to $2 once.

Very true, $100 is good price, why most want the price go to $10,000 ? I preffer lower price, so I can buy more coins  Tongue
HigsonPP
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December 12, 2013, 09:34:25 PM
 #137

just a question of when....

bitcoinCUkid
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December 12, 2013, 10:05:34 PM
 #138

The only way for bitcoin to maintain it's value growth is for more businesses to start trusting it and accepting it as a form of payment. If the price of a bitcoin is $10,000, daily price swings will be too high and business will not be willing to take the risk. It could be at $10,000 one day but I don't see that happening for a while, maybe 20 years plus if it becomes widely accepted.
poewerden
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December 12, 2013, 10:09:54 PM
 #139

The only way for bitcoin to maintain it's value growth is for more businesses to start trusting it and accepting it as a form of payment. If the price of a bitcoin is $10,000, daily price swings will be too high and business will not be willing to take the risk. It could be at $10,000 one day but I don't see that happening for a while, maybe 20 years plus if it becomes widely accepted.


20 years is way off, 2 years is more likely for more businesses accepting Bitcoin
Essex343
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December 12, 2013, 10:19:52 PM
 #140

yes, give it time. Cheesy

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