Will bitcoin reach $10,000 one day...?

[Bittzy78]

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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[stuartcharles]

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.

[ferda2mx]

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.

[Bittzy78]

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.

[Aaroenz0r]

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

[BitThink]

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.

[Secondleo]

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....

[Onews1990]

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

[udet4food]

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

[nahtnam]

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.

[FoolishSleuth]

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

[majorX]

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

[specgamer]

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

[woutersteven]

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.

[UKmint]

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]

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]

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.

[DubFX]

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

[cckurs]

I don#t think so, the hype is over. It will be more stable about 1000 USD

[pyrotechz]

I don#t think so, the hype is over. It will be more stable about 1000 USD

everyone used to say the hype is over and that it would settle at around $100