Bitcoin will NOT Hit the $10,000 mark this year :(

[LittleD]

Bitcoin will not hit the $10,000 mark this year

Every day we hear of hacker hacking in to accounts... what going on with this world  and WHY cant we catch this suckers

If this keep on happening no one will believe in BTC, we need the regular JOE's to have confidence and invest

[HorseCoin]

it's only worth BTC0.00000001 mon

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcTRHIuND6NCDphkQlpftSAifOqyspuERgDdTh_h7TlxIPdmcXG5SA

[gentlemand]

Stranger things have happened. $10,000 this year would be rather strange, though. If it wants to hit that level this year then I'm not going to try and stop it.

[serje]

Bitcoin will not hit the $10,000 mark this year

Every day we hear of hacker hacking in to accounts... what going on with this world  and WHY cant we catch this suckers

If this keep on happening no one will believe in BTC, we need the regular JOE's to have confidence and invest

Quoted! Let's see what happens!

What Bitcoin industry needs are people that don't want to get rich fast! As I saw there are a lot of people who believe in shady websites, if only that websites wont vanish and just earn their way to the top than 10.000$ will be a piece of cake!

At the moment almost every site that made a few thousand dollars got hacked! Isn't that strange? I mean it's very simple to keep your BTC protected!

[Pruden]

There is no time for two growth spurts within the next 9 months. Therefore, it will only get one shot at $10,000 this year.

I place my hopes in your hodling.

[DustyRah]

Ever wondered if there is foul play in sites getting hacked? They are Bitcoins after all and untraceable if sent off...

[BittBurger]

Yeah it sucks that hackers, who could be showing the weaknesses of the current banking system are instead hacking Bitcoin.

I mean talk about short sighted.  You're stopping BTC from increasing in value, which negates your own purposes.

Smart thinking you guys!

Why don't you focus on showing the world how unstable and fragile the current banking system is instead?   Don't you realize your coins will go up in value much faster that way?

Think!

-B-

[GreekBitcoin]

Yeah it sucks that hackers, who could be showing the weaknesses of the current banking system are instead hacking Bitcoin.

I mean talk about short sighted.  You're stopping BTC from increasing in value, which negates your own purposes.

Smart thinking you guys!

Why don't you focus on showing the world how unstable and fragile the current banking system is instead?   Don't you realize your coins will go up in value much faster that way?

Think!

-B-

i am pretty sure they also use or used bitcoins to wash their banking system hack loot so its both ways...

[@ThisWeeksCoin]

I believe that can happen, when we hear:

"Wall St. has started to pump BTC"

Besides joking. It can happen in the next 4-7 years. Depends on how people will react after bad news media serves us each day.

[master-P]

Given all the recent bad news, I think it's more likely that another exchange goes down this year than BTC hitting $10K.

[Broseph Stalin]

I didn't expect bitcoin to hit $1200 last year, but it did. So I'm just gonna shut up and wait and see.
There is a lot of development going on in the background.. how that will affect the price I have no idea, but this beast is far from dead yet.

[Cluster2k]

I hope bitcoin doesn't hit anywhere near US$10k this year.  Not because I don't enjoy watching my stash appreciate in value, it's just that having bitcoin double in value every couple of months makes it look like a grand pump and dump scheme to most sane people.

[windjc]

Bitcoin will not hit the $10,000 mark this year

Probably not. But who cares?

If Bitcoin ever hits $10k, then it will probably hit $20k or 40k or more. Because at $10k it will have a 100 billion dollar market cap and it will enter a new stage for what it can be utilized for.

However, it might take a year or three before its $10k. So what?

[pungopete468]

The price isn't what's important...

Bitcoin is constantly growing despite the FUD; the funny thing is that the recent FUD affected the long term holders a lot more than the new adoption...

The holders who owned more than 1,000 XBT were selling while new investors were buying... The distribution of wealth shifted by 3% in the last month. The greatest area of growth was in the wallets containing amounts between 1-5, 5-10, 10-25, and 50-100. The wallets containing 100-500, and 500-1000 grew very slightly, and the wallets containing greater than 1,000 decreased dramatically.

Basically, if it weren't for some of the large players getting shaky hands, the price would have reflected a period of heavy growth.

[Tx2000]

Bitcoin will not go to new highs this year.  This is a year for bitcoin to strengthen itself in other ways that don't necessarily have anything to do with worth.

[ThirdRenaissance]

There is no time for two growth spurts within the next 9 months. Therefore, it will only get one shot at $10,000 this year.

Right, no time for that, could never happen. Except last year.

[BittBurger]

The greatest area of growth was in the wallets containing amounts between 1-5, 5-10, 10-25, and 50-100. The wallets containing 100-500, and 500-1000 grew very slightly, and the wallets containing greater than 1,000 decreased dramatically.

I hate to be "that guy" but this is probably people holding large quantities, splitting up their coins into wallets of 5, 10, 20, 100.  Thats the first thing one with a brain does, when one hears that coins are being hacked/stolen.

-B-

[pungopete468]

The greatest area of growth was in the wallets containing amounts between 1-5, 5-10, 10-25, and 50-100. The wallets containing 100-500, and 500-1000 grew very slightly, and the wallets containing greater than 1,000 decreased dramatically.

I hate to be "that guy" but this is probably people holding large quantities, splitting up their coins into wallets of 5, 10, 20, 100.  Thats the first thing one with a brain does, when one hears that coins are being hacked/stolen.

-B-

The safest place is offline cold storage. The more accounts you have the more complicated it becomes to keep track of the keys. The risk isn't worth it unless you need to hide your wealth...

I know that's likely what MtGox did recently, but the only benefit to doing this is to obfuscate your known addresses and launder the coins through a tumbler service, avoiding legal confiscation at risk of potentially indefinite detention. (refusing to provide keys will put you in contempt until you comply; potentially for life.)

I think trading in the most secure method of storing (the equivalent buying power) of hundreds of thousands/millions of dollars for a complicated/less secure method of storage is unlikely without an alternate motive...

[@ThisWeeksCoin]

To be honest, I'd be okay if 1 BTC's price would stable at $1k. Forever.

[cr1776]

Feb 2013 (2012, 2011...) no one would've thought it would've hit $50, let alone $100, $266, or $1200. 

The one thing you can be certain of is that the price of bitcoin in 9 months is completely uncertain.

:-)

Bitcoin will not hit the $10,000 mark this year

Every day we hear of hacker hacking in to accounts... what going on with this world  and WHY cant we catch this suckers

If this keep on happening no one will believe in BTC, we need the regular JOE's to have confidence and invest