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Author Topic: $10,000 when?  (Read 51303 times)
Lauda
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April 23, 2014, 01:06:17 PM
 #121

Block halving is in 2017. We will see 10k $ before this happens. I think in 2017 we have already seen 50k $.
Stop talking nonsense without doing proper research first!
This is completely wrong. The ETA for the halving is in August 2016!

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Tammy Chan
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April 23, 2014, 03:19:47 PM
 #122

This is completely wrong. The ETA for the halving is in August 2016!

+1

With the difficulty (hashrate) continuously rising, we are finding blocks at a faster rate.
Instead of 14 days, it usually takes 12-13 days to find 2016 blocks.
Instead of 4 years, it takes less than that to find 210000 blocks.



pinksheep (OP)
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April 23, 2014, 03:27:54 PM
 #123

so do you think the halving will happen before August 2016?

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txbt
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April 23, 2014, 03:28:59 PM
 #124

When those who use their PC/laptop only for email/Skype/browsing will have a simple way of using it (and trust it also) - then BTC will go over $10000.

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boumalo
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April 23, 2014, 03:57:07 PM
 #125

When those who use their PC/laptop only for email/Skype/browsing will have a simple way of using it (and trust it also) - then BTC will go over $10000.

I think the faith in fiat currencies in the US and EU have to go down as well

Zebra
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April 23, 2014, 04:06:25 PM
 #126

so do you think the halving will happen before August 2016?

IMO, it will.

We are at block 297333 now, and the halving will happen at block 420000.
So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016).
If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016).



oureptsC
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April 23, 2014, 04:25:01 PM
 #127

Maybe in 5-6 years? just making a random guess as it's hard to see when and if this kind of price rise will happen.

Lauda
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April 23, 2014, 06:36:01 PM
 #128

so do you think the halving will happen before August 2016?

IMO, it will.

We are at block 297333 now, and the halving will happen at block 420000.
So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016).
If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016).
That's your opinion based on math from 3rd grade. Right now the ETA is around the 20th of August. In a few months it might move back to around the 10th and so on. Satoshi planned for it to happen in 2016, and we are solving blocks at a faster rate, due to which the halving is going to happen sooner.

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pinksheep (OP)
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April 23, 2014, 06:40:36 PM
 #129

LaudaM, the 20th August of what year?

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Yuki1988
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April 23, 2014, 06:50:03 PM
 #130

Satoshi planned for it to happen in 2016

 Huh

we are solving blocks at a faster rate, due to which the halving is going to happen sooner.

Isn't it the opposite case?
Because we are solving blocks at a faster rate, halving will happen sooner.

tuneman1980
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April 23, 2014, 06:52:57 PM
 #131

so do you think the halving will happen before August 2016?

IMO, it will.

We are at block 297333 now, and the halving will happen at block 420000.
So, if we have a block every 10 minutes, it takes (420000-297333)*10/60/24 = 852 days to reach block halving (in Aug 2016).
If we have a block every 9 minutes, it takes (420000-297333)*9/60/24 = 767 days (in May 2016).




The block reward adjustment is about 2 years, 4 months away.  http://www.cryptocoinstats.com/

http://cryptocoinstats.com/

BTC: 19YQqtEdtuWhT6nk6ArBgMTiKMEjoJ5eww  LTC: Li1RLpZm8Rx7txSnQdvZvtLMsd4XDN2vMJ  FTC: 6qAU4vtyf9LPW4yV4m4Vx1jm4ZkXJHTFP7
Lauda
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April 23, 2014, 06:56:39 PM
 #132

Satoshi planned for it to happen in 2016

 Huh

we are solving blocks at a faster rate, due to which the halving is going to happen sooner.

Isn't it the opposite case?
Because we are solving blocks at a faster rate, halving will happen sooner.
Opposite case? The rate isn't that faster!  It's happening as planned, only a bit faster. There is no way that we will see the halving in 2017.
It will happen in mid 2016.

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Velkro
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April 23, 2014, 07:24:54 PM
 #133

in 2024
.cryptic.
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May 17, 2014, 06:16:30 AM
 #134

Going to be a long wait... Cheesy
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May 17, 2014, 06:18:33 AM
 #135

probably never because the $ will be no longer..
dumbdragon
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May 17, 2014, 06:57:13 AM
 #136

Still waiting for it to happen... its been awhile now lol. Give it another 4 years?

pandacoin
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May 17, 2014, 07:11:16 AM
 #137

I don't think we will wait much longer than 1.5 years.
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May 17, 2014, 09:19:50 AM
 #138

It might be around 2018 or 2019,,,,,, Huh
bitsmichel
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May 17, 2014, 03:36:08 PM
 #139

Say in 1 month + 1000. It would require at least 9 months. Now the coin will fluctuate in between, say it is fluctuating 50% of the time. This would lead to 18 months or 1.5 year. I would say between 2015.5 and 2018 it could be at $10.000. If it happens, people are really going to regret it.. there will be new forum members wondering when it rises to $100.000  Cheesy




dbshck
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May 17, 2014, 04:09:51 PM
 #140

Well we need some event to rise the price, How ? Being legalized in some country maybe Cheesy

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