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Author Topic: Bitcoin will hit $10,000 in 2014  (Read 6023 times)
Tirapon (OP)
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January 20, 2014, 06:26:38 AM
 #1

The multilevel marketing guys will take it mainstream this year. Its going to be awesome to watch.
notig
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January 20, 2014, 06:59:38 AM
 #2

I don't think the infrastructure is there for that. Not enough exchanges and ATM's yet or the ability for institutional investors to invest (like the winklevoss ETF that isn't approved) . If all of that was in place then maybe as long as the banks stopped trying to slow things down
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January 20, 2014, 07:17:45 AM
 #3

Yes, $10,000 BTC is very real in 2014. Only hurdle to reaching this number would be a continuous warfare from governments worldwide attempting to ban it / restrict it.

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January 20, 2014, 07:20:04 AM
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Not so high but i would say doubled or tripled value will be a fact ! Also many political events will take place !
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January 20, 2014, 09:01:08 AM
 #5

 I can see BTC triple in value by the end of 2014 but 10k possibly in 2016 when next halving is due to happen according to http://bitcoinclock.com/
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January 20, 2014, 09:10:28 AM
 #6

You are all very pessimistic.


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knightcoin
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January 20, 2014, 09:14:54 AM
 #7

You are all very pessimistic.

lol

http://www.introversion.co.uk/
mit/x11 licence 18.x/16|o|3ffe ::71
Elwar
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January 20, 2014, 09:21:39 AM
 #8

If you believe that, you should bet that it will hit $10k by 2016. If it hits in 2014 you could double your BTC.

Bitcoin will be worth $10,000 by 12/31/2016:
http://betsofbitco.in/item?id=1532

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
NUFCrichard
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January 20, 2014, 09:30:00 AM
 #9

If you believe that, you should bet that it will hit $10k by 2016. If it hits in 2014 you could double your BTC.

Bitcoin will be worth $10,000 by 12/31/2016:
http://betsofbitco.in/item?id=1532
I guess that if bitcoin hits $10.000 he will more than double his money!
BitBOOM
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January 20, 2014, 10:05:23 AM
 #10

The multilevel marketing guys will take it mainstream this year. Its going to be awesome to watch.

Very possible. I say 5K+ and we are doing ok  Smiley

Draino
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January 20, 2014, 01:18:14 PM
 #11

this time last year, many of us were hoping bitcoin would be $100 a coin by the end of the year, and that turned out pretty well

i'm willing to bet the amount of money poured into buying BTC itself as an investment over the past 6 months has been matched by VC money for bitcoin startups

over this year once these projects come to fruition..

god knows
Denni
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January 20, 2014, 03:46:33 PM
 #12

You are all very pessimistic.
I'd say we all very realistic. Smiley
As notig posted, infrastrucure is really not there yet. Lack of interesting, competitive services is dragging bitcoin down.
10k$ in 2015 - possible, in 2014 - too early.

mestar
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January 20, 2014, 03:51:21 PM
 #13

Ah, the exciting $10,000 per Bitcoin in 2014.  Let's see what this means. 

If miners decide to sell all their mined Bitcoins, (or 50%), this is how much daily fresh money is needed on the exchanges for the price to be stable:

2014-2016 :   $36 million ($18 million if 50% sold)
2017-2020:   $18 million ($9 million)
2021-2024:   $9 million ($4.5 million)
etc.

So, if Bitcoin is $10,000 in 2014, good luck in finding that daily tens of millions dollars.

notme
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January 20, 2014, 03:57:12 PM
 #14

If you believe that, you should bet that it will hit $10k by 2016. If it hits in 2014 you could double your BTC.

Bitcoin will be worth $10,000 by 12/31/2016:
http://betsofbitco.in/item?id=1532
I guess that if bitcoin hits $10.000 he will more than double his money!

But if he doubles his BTC, and it hits 10k, he will more than 20x his dollar value.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
kireinaha
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January 20, 2014, 04:18:21 PM
 #15

Not a chance in hell. Bernie Madeoff has a better chance of earning a presidential pardon than bitcoin hitting $2,000 this year.

Night gathers, and now my bitcoinwisdom watch begins.
Tirapon (OP)
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January 20, 2014, 04:19:52 PM
 #16

If you believe that, you should bet that it will hit $10k by 2016. If it hits in 2014 you could double your BTC.

Bitcoin will be worth $10,000 by 12/31/2016:
http://betsofbitco.in/item?id=1532
I guess that if bitcoin hits $10.000 he will more than double his money!

But if he doubles his BTC, and it hits 10k, he will more than 20x his dollar value.

That would be even better - any suggestions as to how? Plenty of good advice on these boards I guess...  Roll Eyes
notme
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January 20, 2014, 04:21:02 PM
 #17

If you believe that, you should bet that it will hit $10k by 2016. If it hits in 2014 you could double your BTC.

Bitcoin will be worth $10,000 by 12/31/2016:
http://betsofbitco.in/item?id=1532
I guess that if bitcoin hits $10.000 he will more than double his money!

But if he doubles his BTC, and it hits 10k, he will more than 20x his dollar value.

That would be even better - any suggestions as to how? Plenty of good advice on these boards I guess...  Roll Eyes

Maybe the way that was suggested, which I included in my quote?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
Tirapon (OP)
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January 20, 2014, 04:22:21 PM
 #18

If you believe that, you should bet that it will hit $10k by 2016. If it hits in 2014 you could double your BTC.

Bitcoin will be worth $10,000 by 12/31/2016:
http://betsofbitco.in/item?id=1532
I guess that if bitcoin hits $10.000 he will more than double his money!

But if he doubles his BTC, and it hits 10k, he will more than 20x his dollar value.

That would be even better - any suggestions as to how? Plenty of good advice on these boards I guess...  Roll Eyes

Maybe the way that was suggested, which I included in my quote?

Oh yeah. Sorry for stupid.
BitcoinAshley
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January 20, 2014, 05:01:21 PM
 #19

Not a chance in hell. Bernie Madeoff has a better chance of earning a presidential pardon than bitcoin hitting $2,000 this year.


QUOTED SO WE CAN COME BACK TO THIS LATER  Grin Grin Grin

(there are a hundred posts like this from years ago except replace $2,000 with "$100" or "$10" and minus a couple years.)
rocks
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January 20, 2014, 05:07:26 PM
 #20

Ah, the exciting $10,000 per Bitcoin in 2014.  Let's see what this means. 

If miners decide to sell all their mined Bitcoins, (or 50%), this is how much daily fresh money is needed on the exchanges for the price to be stable:

2014-2016 :   $36 million ($18 million if 50% sold)
2017-2020:   $18 million ($9 million)
2021-2024:   $9 million ($4.5 million)
etc.

So, if Bitcoin is $10,000 in 2014, good luck in finding that daily tens of millions dollars.

If the twins open their Bitcoin ETF I can promise you that more than $36M will be purchased every day. There are a lot of dollars out there.
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