why is it not going to $40000

[Shameless Beggar]

like Wrinklefloss brothers promised?

[hilariousandco]

like Wrinklefloss brothers promised?

When did they promise this? They only speculated about what it may be worth in the future.

[oxfardk]

they was speaking about the volatility of BTC's price anyways yes they was " imagining " this scenario

[odolvlobo]

It is going to $40,000. Just not today or tomorrow. Maybe next year.

[stork]

For 1BTC to be 40k USD, something groundbreaking must happen and before that there will be lot of road blocks that need to be cleared. It's possible but game will be getting harder when price climbs up from certain point.

[dbcmaster]

I can't see that happening at all.

[lassdas]

For 1BTC to be 40k USD, something groundbreaking must happen and before that there will be lot of road blocks that need to be cleared.

That's what everyone said about 1k USD too
and 100 USD before
and even 10 USD,
but it happened anyway.

Like odolvlobo said,
it's on its way, just give it some more time.

[Peter Lambert]

For 1BTC to be 40k USD, something groundbreaking must happen and before that there will be lot of road blocks that need to be cleared. It's possible but game will be getting harder when price climbs up from certain point.

For the price to rise to 40k USD would only require about 40x price increase, we saw a bigger price increase than that in 2013, so seeing this price in the next year or two is not beyond the realm of possibilities. The price might also drop back down to 10, who knows what will happen?

[JeremeyB]

If it can go to 0.01 Cents to $1000.

Why not $1000 to $40,000.


It's just going to take a while because I believe investors are worried about getting in when prices are at $1000 each bitcoin.

For now it's best to ride the trend.....

[jerelimZ]

It will come only with better merchant support and much easier ways to buy Bitcoins

[xen0cide]

Going to have to see..

[TalkingBit]

It is going to $40,000. Just not today or tomorrow. Maybe next year.

There are about BTC12,200,000 now at $40,000 the total worth of all coins would be $488,000,000,000 Apple's is only worth 415,683,300,000

[odolvlobo]

It is going to $40,000. Just not today or tomorrow. Maybe next year.

There are about BTC12,200,000 now at $40,000 the total worth of all coins would be $488,000,000,000 Apple's is only worth 415,683,300,000

Hmm, a global payment system being worth more than a single company -- it seems reasonable.

[Cryptobolics]

For btc to go to 40k...u.s. dollar has to go to 10cent worth /dollar

[dspje]

itll go up to 10k this year

[soulnecturn]

40k ? honestly?

I will said this - few days ago my wife said clearly to me this:
"You will see that our kids will be able to buy house for 1 BTC one day" ...

Well 40k looks low

I believe however you will look at this - how far btc can reach can ONLY be limited by our speculations hahaha

[Dannie]

https://bitcointalk.org/index.php?topic=137.0
When laszlo traded 10000BTC for a pizza in May 2010, I guess he never imagined the price could go to $1, let alone $1000.

[guybrushthreepwood]

For 1BTC to be 40k USD, something groundbreaking must happen and before that there will be lot of road blocks that need to be cleared. It's possible but game will be getting harder when price climbs up from certain point.

For the price to rise to 40k USD would only require about 40x price increase, we saw a bigger price increase than that in 2013, so seeing this price in the next year or two is not beyond the realm of possibilities. The price might also drop back down to 10, who knows what will happen?

How much did it rise in 2013?

[wachtwoord]

For 1BTC to be 40k USD, something groundbreaking must happen and before that there will be lot of road blocks that need to be cleared. It's possible but game will be getting harder when price climbs up from certain point.

Something groundbreaking has happened. In 2009 Satoshi released Bitcoin.

[Peter Lambert]

For 1BTC to be 40k USD, something groundbreaking must happen and before that there will be lot of road blocks that need to be cleared. It's possible but game will be getting harder when price climbs up from certain point.

For the price to rise to 40k USD would only require about 40x price increase, we saw a bigger price increase than that in 2013, so seeing this price in the next year or two is not beyond the realm of possibilities. The price might also drop back down to 10, who knows what will happen?

How much did it rise in 2013?

Went from 15 at the beginning of the year to 1000 near the end of the year, that is 67x. If you go by the beginning and end of the year, depending on which exchange you look at, it might be something like 15 to 850, which is 56x. Either way, that is more than the 40x increase we would need to get from 1k to 40k.