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Baitty
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July 14, 2014, 08:37:45 PM |
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It will never reach 100k, 10k not even 5k. I think it would be pushing it to get to 3k. 10k is a lot to ask for and I don't that will happen in our life time.
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Currently held as collateral by monbux
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earnabit
Newbie
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Activity: 56
Merit: 0
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July 14, 2014, 11:03:25 PM |
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It'll be a while. Average people don't have a huge interest to buy. Big companies like Walmart and Amazon have no incentive to disrupt the status quo and will wait for a long time before accepting bitcoin. I'd say we'd be lucky to see $1000 in the next year, $10,000 probably about ten years after that.
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hodlmybtc
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July 15, 2014, 02:30:56 AM |
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It will never reach 100k, 10k not even 5k. I think it would be pushing it to get to 3k. 10k is a lot to ask for and I don't that will happen in our life time.
This outlook is waaaaaay to bearish imo. 3k is less than a 3x increase from the current ATH, given the past performance and the potential user adoption increase the value will probably skyrocket past 3k in the next runup. I assume you have been through the november/december 2013 runup so I really don't understand why you think we won't see 10k in our life time. If the price hasn't passed 10k in 2-3 years it probably can be considered as a failure. And I really doubt it will be a failure. |
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hollowframe
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July 15, 2014, 04:06:47 AM |
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My guess would be bitcoin will never hit $10k, hope I'm wrong though.
hmm, why? i mean, i am not sure either way, but the historical trend says we could certainly get there. and with all these advancements in the industry/infrastructure, interest from institutional investors, green lights from governments.... i think we get there. If history is any indicator then bitcoin will likely reach 10k in either the next runup/bubble or the one after the next. True lol. The bitcoin price reached $230 and $1100 in the previous two bull trends in Apr and Dec 2013.  It really is too bad that we haven't had any runups in the price of bitcoin so far this year. Last year was so much more exciting about my newfound wealth. |
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Mt. Gox
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July 15, 2014, 08:30:17 AM |
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Bitcoin will almost touch $10,000 very late next year (actual price will be somewhere between $8,000 and $9,000) but we won't see it fully break the $10,000 barrier until perhaps 2017 or even later.
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Dear GOD/GODS and/or anyone else who can HELP ME (e.g. MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS): The next time I wake up, please change my physical form to that of FINN MCMILLAN of SOUTH NEW BRIGHTON at 8 YEARS OLD and keep it that way FOREVER. I am so sick of this chubby Asian man body! Thank you! - CHAUL JHIN KIM (a.k.a. A DESPERATE SOUL) P.S. If anyone is reading this then please pray for me! [ www.chauljhin.com ] |
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Lauda
Legendary
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Activity: 2674
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Terminated.
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July 15, 2014, 08:31:28 AM |
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in 2015 hopefully maybe sooner.
Sooner? No. 2015? Possibly, but highly unlikely. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Mt. Gox
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July 15, 2014, 08:55:48 AM |
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My guess would be bitcoin will never hit $10k, hope I'm wrong though.
hmm, why? i mean, i am not sure either way, but the historical trend says we could certainly get there. and with all these advancements in the industry/infrastructure, interest from institutional investors, green lights from governments.... i think we get there. If history is any indicator then bitcoin will likely reach 10k in either the next runup/bubble or the one after the next. True lol. The bitcoin price reached $230 and $1100 in the previous two bull trends in Apr and Dec 2013. It really is too bad that we haven't had any runups in the price of bitcoin so far this year. Last year was so much more exciting about my newfound wealth. Yup. This year is looking more and more like 2012. Which is weird because there is a lot more positive news about Bitcoin coming out every day and new developments happening in the field compared to back then. Between January 2012 and December 2012, the price of a single bitcoin only increased from about $5 to $13. It was a very gradual rise with only a couple of very minor bumps along the way. |
Dear GOD/GODS and/or anyone else who can HELP ME (e.g. MEMBERS OF SUPER-INTELLIGENT ALIEN CIVILIZATIONS): The next time I wake up, please change my physical form to that of FINN MCMILLAN of SOUTH NEW BRIGHTON at 8 YEARS OLD and keep it that way FOREVER. I am so sick of this chubby Asian man body! Thank you! - CHAUL JHIN KIM (a.k.a. A DESPERATE SOUL) P.S. If anyone is reading this then please pray for me! [ www.chauljhin.com ] |
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Domino
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July 15, 2014, 03:26:24 PM |
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If the price hasn't passed 10k in 2-3 years it probably can be considered as a failure. And I really doubt it will be a failure.
I do expect bitcoin price to reach 10k within the next few years, but I don't think it should be considered a failure for not hitting the mark. I mean, a "16x price increase" in 3 year isn't the norm for assets and properties lol. |
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Baitty
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July 15, 2014, 06:49:10 PM |
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If the price hasn't passed 10k in 2-3 years it probably can be considered as a failure. And I really doubt it will be a failure.
I do expect bitcoin price to reach 10k within the next few years, but I don't think it should be considered a failure for not hitting the mark. I mean, a "16x price increase" in 3 year isn't the norm for assets and properties lol. Thats true but its very hard imagining it getting to that high surely there would be too many millionaires in the world and the cost of living would just go up. there is going to be a lot of people with more than 100 Bitcoin which is a lot of money and a lot of people with 500+. |
Currently held as collateral by monbux
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Sydboy
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July 15, 2014, 08:14:09 PM |
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july 28th 2019.
write that down!
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Sydboy
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July 15, 2014, 09:14:52 PM |
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I am at work now, at the aquarium.
I have consulted the price picking sea otter. he confirms 28th july 2019 which is inline with my prediction.
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minerpumpkin
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July 15, 2014, 11:43:07 PM |
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Just make sure to keep your coins safe, everybody! Most people just lose their coins on the way to the moon. They fall for scams and/or get greedy in shady schemes. Hold on tight, you don't want to get shaken off this wild rollercoaster ride!
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I should have gotten into Bitcoin back in 1992...
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Skrillex
Member
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Activity: 84
Merit: 10
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July 16, 2014, 01:51:59 AM |
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Skrillex
Member
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Activity: 84
Merit: 10
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July 16, 2014, 02:05:28 AM |
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Not for several years at least if ever
Sadly I have to agree with this fella. Given the number of people holding large #'s of coins I suspect bitcoin will have a really difficult time ever reaching $10,000 and that if it does it won't be for at least 3-5 years. It seems there is at least 1 out of every 5 BTC being held by somebody somewhere that was acquired via less than honorable means. These people are in it for the get rich quick aspect and I suspect will keep bitcoin in the sub $10,000 for years to come. True, but also you have to keep in mind how the supple gets inevitably smaller every year, as more and more people lose their wallets forever, this incidentally increases the price along with bigger demand. Who knows what would happen if it gets on that ebay time. I wish it goes higher anyway since im late to the party already  |
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Gianluca95
Legendary
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Activity: 1582
Merit: 1196
Reputation first.
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July 16, 2014, 09:55:11 AM |
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mmm When market cap will reach 150.000.000.000$  Seriously, you have to consider that for this result many company will have to accept Bitcoin like payment method. 10.000$ is too much expensive for me, I consider that 5.000$ is the best price for the end of 2015. |
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Spayse
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July 16, 2014, 10:11:19 AM |
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It might reach that over the next few years if the Chinese government stop fucking it up for everyone by causing panic dumping every time they announce banning the shit out of every crypto and exchange as and when they feel like it.
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giveBTCpls
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July 16, 2014, 11:25:16 AM |
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If you do the math is almost an obligation that the price goes a lot higher as the supply shrinks daily at ridiculous speed, and there's only more and more demand.
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Domino
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July 16, 2014, 01:13:31 PM |
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I thought someone predicts bitcoin price to go down to $5 before actually clicking the link, and it turns out to be $5 million lol. |
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Domino
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July 16, 2014, 01:15:46 PM |
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It might reach that over the next few years if the Chinese government stop fucking it up for everyone by causing panic dumping every time they announce banning the shit out of every crypto and exchange as and when they feel like it.
To be honest, I don't care about the Chinese government any more now after it banned bitcoin, then banned it again, and again... |
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boumalo
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Activity: 1904
Merit: 1018
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July 19, 2014, 12:17:55 PM |
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If you do the math is almost an obligation that the price goes a lot higher as the supply shrinks daily at ridiculous speed, and there's only more and more demand.
Yes and when the market will understand that the USD is doomed and USA/Europe will print to save the bank deposits and/or their banks Bitcoin will seem stronger and more reliable to most and the price of BTC will rise tremendously |
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