Venture Capitalist Chris Dixon Believes Bitcoin Will Hit $100,000

[CryptoCurrencyInc.com]

Venture Capitalist Chris Dixon Believes Bitcoin Will Hit $100,000
Bitcoin was on a wild roller-coaster ride for much of 2013.

The digital currency has been trading in the triple digit territory for weeks, but there is no shortage of optimists who believe it will soon go north of $1,000 – and then some.

http://www.coindesk.com/venture-capitalist-chris-dixon-bitcoin-will-hit-100000/

[wiffwaff]

Careful there. Dixon said two additional words that change the feel: "could" and "if".

Dixon believes the $100,000 mark could be reached if bitcoin becomes the primary means of making online transactions.

There's a long way to go when we're still at the earliest of days.

[hilariousandco]

Venture Capitalist Chris Dixon Believes Bitcoin Will Hit $100,000
Bitcoin was on a wild roller-coaster ride for much of 2013.

The digital currency has been trading in the triple digit territory for weeks, but there is no shortage of optimists who believe it will soon go north of $1,000 – and then some.

http://www.coindesk.com/venture-capitalist-chris-dixon-bitcoin-will-hit-100000/

I don't know why predictions on the future price like this hold any weight or value. Regardless of it coming from a venture capitalist it's still just pure speculation. Bitcoin could become worth a million; it could also become worth little-to-nothing.

[Cryptopher]

Venture Capitalist Chris Dixon Believes Bitcoin Will Hit $100,000
Bitcoin was on a wild roller-coaster ride for much of 2013.

The digital currency has been trading in the triple digit territory for weeks, but there is no shortage of optimists who believe it will soon go north of $1,000 – and then some.

http://www.coindesk.com/venture-capitalist-chris-dixon-bitcoin-will-hit-100000/

I don't know why predictions on the future price like this hold any weight or value. Regardless of it coming from a venture capitalist it's still just pure speculation. Bitcoin could become worth a million; it could also become worth little-to-nothing.

Yeah, there was an article the other month which said that it could be worth a million, it could be worth a cent. While I agree with the principle, I can't see it ever be worth anything near as little as a cent.

Too much money has gone into it, and it will still serve a purpose, I can't see it going any less than $50. I mean who would sell for that little?

[hilariousandco]

Venture Capitalist Chris Dixon Believes Bitcoin Will Hit $100,000
Bitcoin was on a wild roller-coaster ride for much of 2013.

The digital currency has been trading in the triple digit territory for weeks, but there is no shortage of optimists who believe it will soon go north of $1,000 – and then some.

http://www.coindesk.com/venture-capitalist-chris-dixon-bitcoin-will-hit-100000/

I don't know why predictions on the future price like this hold any weight or value. Regardless of it coming from a venture capitalist it's still just pure speculation. Bitcoin could become worth a million; it could also become worth little-to-nothing.

Yeah, there was an article the other month which said that it could be worth a million, it could be worth a cent. While I agree with the principle, I can't see it ever be worth anything near as little as a cent.

Too much money has gone into it, and it will still serve a purpose, I can't see it going any less than $50. I mean who would sell for that little?

Unless there's a flaw exposed or becomes apparent, or a new coin comes out which is infinitely better.

[Acruzez]

Venture Capitalist Chris Dixon Believes Bitcoin Will Hit $100,000
Bitcoin was on a wild roller-coaster ride for much of 2013.

The digital currency has been trading in the triple digit territory for weeks, but there is no shortage of optimists who believe it will soon go north of $1,000 – and then some.

http://www.coindesk.com/venture-capitalist-chris-dixon-bitcoin-will-hit-100000/

I don't know why predictions on the future price like this hold any weight or value. Regardless of it coming from a venture capitalist it's still just pure speculation. Bitcoin could become worth a million; it could also become worth little-to-nothing.

Yeah, there was an article the other month which said that it could be worth a million, it could be worth a cent. While I agree with the principle, I can't see it ever be worth anything near as little as a cent.

Too much money has gone into it, and it will still serve a purpose, I can't see it going any less than $50. I mean who would sell for that little?

Unless there's a flaw exposed or becomes apparent, or a new coin comes out which is infinitely better.

Bitcoin isn't actually backed or regulated by any authorities so it could very much happen.

[murkster]

It would be great I it did go 1000+ again. Most other alts directly linked to it. It has become like the reserve crypto currency with out the fiat control.....

What aspects are dictating the price (BTC) in everyones opinion??

Thanks....

Still so much to learn and understand with digital currency, an accountant friend was totally fried when I tried to explain the subject and where the coins come from..(still dont completely understand coin creation genesis block etc)

Fried myself..!! Lol...

[Sindelar1938]

Man is talking his own book
Even so let's all hope he is right

[Flashman]

He could be right.

You do any projections of bitcoin gaining modest market penetration into any sector, say 15% or so, and the numbers go astronomical quickly... and it only seems to have to be a modest success in any ONE of those sectors to be in the mid to high five figures.

[hilariousandco]

Venture Capitalist Chris Dixon Believes Bitcoin Will Hit $100,000
Bitcoin was on a wild roller-coaster ride for much of 2013.

The digital currency has been trading in the triple digit territory for weeks, but there is no shortage of optimists who believe it will soon go north of $1,000 – and then some.

http://www.coindesk.com/venture-capitalist-chris-dixon-bitcoin-will-hit-100000/

I don't know why predictions on the future price like this hold any weight or value. Regardless of it coming from a venture capitalist it's still just pure speculation. Bitcoin could become worth a million; it could also become worth little-to-nothing.

Yeah, there was an article the other month which said that it could be worth a million, it could be worth a cent. While I agree with the principle, I can't see it ever be worth anything near as little as a cent.

Too much money has gone into it, and it will still serve a purpose, I can't see it going any less than $50. I mean who would sell for that little?

Unless there's a flaw exposed or becomes apparent, or a new coin comes out which is infinitely better.

Bitcoin isn't actually backed or regulated by any authorities so it could very much happen.

What does that have to do with anything I said?

[kazi098]

I just hope it comes true but deep inside feel maximum it can reach is $10,000

[pand70]

It just proves that venturers aren't that much different from forum trolls when it comes to speculation 

[Sutters Mill]

Agreed. It could go either way. Nobody knows at this point, venturer or not. There are factors that can both help and hinder the price. Way too early to tell but like others said, who'd have thought it would reach $1000 a year ago!

[d3rrial]

It'll hit $100,000 eventually when the $ inevitably dies from hyperinflation. Be it today or in 50 years, doesn't matter. Why compare the btc to the usd?

[Cryptopher]

Why compare the btc to the usd?

I've often thought this too - that we measure the precious relative to the very thing that fuels the very thing it was created to replace.

I suppose we have to seek value in some way, and as it is early days the USD will have to do. The more ubiquitous Bitcoin becomes commercially, the less we are likely to draw such a comparison.

[hilariousandco]

Why compare the btc to the usd?

I've often thought this too - that we measure the precious relative to the very thing that fuels the very thing it was created to replace.

I suppose we have to seek value in some way, and as it is early days the USD will have to do. The more ubiquitous Bitcoin becomes commercially, the less we are likely to draw such a comparison.

Maybe one day the USD will be pegged to BTC.

[Cryptopher]

Why compare the btc to the usd?

I've often thought this too - that we measure the precious relative to the very thing that fuels the very thing it was created to replace.

I suppose we have to seek value in some way, and as it is early days the USD will have to do. The more ubiquitous Bitcoin becomes commercially, the less we are likely to draw such a comparison.

Maybe one day the USD will be pegged to BTC.

Maybe the bankers who fuelled the demise of the USD will be pegged?

[hilariousandco]

Why compare the btc to the usd?

I've often thought this too - that we measure the precious relative to the very thing that fuels the very thing it was created to replace.

I suppose we have to seek value in some way, and as it is early days the USD will have to do. The more ubiquitous Bitcoin becomes commercially, the less we are likely to draw such a comparison.

Maybe one day the USD will be pegged to BTC.

Maybe the bankers who fuelled the demise of the USD will be pegged?

This kind of getting pegged? 

[Cryptopher]

Why compare the btc to the usd?

I've often thought this too - that we measure the precious relative to the very thing that fuels the very thing it was created to replace.

I suppose we have to seek value in some way, and as it is early days the USD will have to do. The more ubiquitous Bitcoin becomes commercially, the less we are likely to draw such a comparison.

Maybe one day the USD will be pegged to BTC.

Maybe the bankers who fuelled the demise of the USD will be pegged?

This kind of getting pegged? 

Precisely that kind of getting pegged haha.

[Cryptedge]

People need to stop speculating and evaluating coins in cash. Cryptocurrencies should really only be evaluated in other cryptocurrencies. People who continue to care about the cryptocurrency cash prices seem to fail to understand the ideology behind cryptos, and that the foundations of paper cash in general are extremely faulty.

By the time Bitcoin hits 100,000 dollars, you could easily expect one dollar from today to be the equivalent of 3 or 4 dollars by that point.

But perhaps the other altcoins will only gain more in relation to bitcoin, so it could be quite possible for it to drop more in relation to altcoins.