$10,000 when?

[Youghoor]

no one can speculate that price as only that market decides , but when the jump starts then its just a matter of time to reach to that place soon.

[Lauda]

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.

Seems like a lot doesn't it?
People are too optimistic, it's time to become realistic.

[gkv9]

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.

Seems like a lot doesn't it?
People are too optimistic, it's time to become realistic.

You guys may be true, but know knows the fundamentals may show their magic and people only throw the price of each bitcoin to the amount they are talking about, based on the scarcity of coins they will experience in the near future...

Maybe we see a day when a satoshi will be worth $10.... hehe... :p

[Mt. Gox]

Maybe we see a day when a satoshi will be worth $10.... hehe... :p

If 1 satoshi = 1 cent, then 1 BTC = $1 million. Bitcoin market cap = $21 trillion.
If 1 satoshi = $10, then 1 BTC = $1 billion. Bitcoin market cap = $21 quadrillion.

[rohnearner]

Maybe we see a day when a satoshi will be worth $10.... hehe... :p

If 1 satoshi = 1 cent, then 1 BTC = $1 million. Bitcoin market cap = $21 trillion.
If 1 satoshi = $10, then 1 BTC = $1 billion. Bitcoin market cap = $21 quadrillion.

WOW mate Come back to reality , as of now we are floating around 610$-620$ /btc mark , I hope that we reach 1K$ mark that's the only reasonable mark that bitcoin can hit in upcoming few months

[Mt. Gox]

Maybe we see a day when a satoshi will be worth $10.... hehe... :p

If 1 satoshi = 1 cent, then 1 BTC = $1 million. Bitcoin market cap = $21 trillion.
If 1 satoshi = $10, then 1 BTC = $1 billion. Bitcoin market cap = $21 quadrillion.

WOW mate Come back to reality , as of now we are floating around 610$-620$ /btc mark , I hope that we reach 1K$ mark that's the only reasonable mark that bitcoin can hit in upcoming few months

Yeah, $10 (at today's USD value) per satoshi is obviously impossible. 1 cent per satoshi is probably the absolute maximum upper limit that is still possible.

[williamj2543]

Maybe we see a day when a satoshi will be worth $10.... hehe... :p

If 1 satoshi = 1 cent, then 1 BTC = $1 million. Bitcoin market cap = $21 trillion.
If 1 satoshi = $10, then 1 BTC = $1 billion. Bitcoin market cap = $21 quadrillion.

WOW mate Come back to reality , as of now we are floating around 610$-620$ /btc mark , I hope that we reach 1K$ mark that's the only reasonable mark that bitcoin can hit in upcoming few months

Yeah, $10 (at today's USD value) per satoshi is obviously impossible. 1 cent per satoshi is probably the absolute maximum upper limit that is still possible.

1 cent per satoshi would be good. Of course 1 million per bitcoin seems insane, bitcoin will need to have a massive market cap to become a large form of currency. Currently the market cap with 21 million bitcoins would be 14 million dollars at a price of 676, which is very small for billionares, and imagine if the total cash in the world would be 14 million dollars. It needs to be big enough that it would be impossible to hold a large percentage of it.

[scarsbergholden]

no one can speculate that price as only that market decides , but when the jump starts then its just a matter of time to reach to that place soon.

Pretty much. I've heard this term FOMO -- fear of missing out. When it hits, it will hit hard, and the rush to get in will be very fast. Can't wait! Just don't know when....

[rohnearner]

1 cent per satoshi would be good. Of course 1 million per bitcoin seems insane, bitcoin will need to have a massive market cap to become a large form of currency. Currently the market cap with 21 million bitcoins would be 14 million dollars at a price of 676, which is very small for billionares, and imagine if the total cash in the world would be 14 million dollars. It needs to be big enough that it would be impossible to hold a large percentage of it.

21 million bitcoins would be 14 billion one hundred ninety-six million at a price of 676.

[Mt. Gox]

1 cent per satoshi would be good. Of course 1 million per bitcoin seems insane, bitcoin will need to have a massive market cap to become a large form of currency. Currently the market cap with 21 million bitcoins would be 14 million dollars at a price of 676, which is very small for billionares, and imagine if the total cash in the world would be 14 million dollars. It needs to be big enough that it would be impossible to hold a large percentage of it.

21 million bitcoins would be 14 billion one hundred ninety-six million at a price of 676.

There are not 21 million bitcoin in existence right now. It will be several decades until it will become anywhere close to that.

It will actually take hundreds of years to mine the last million bitcoin because of the way block subsidies half 

I thought Bitcoin would be fully mined by 2140:

The last block that will generate coins will be block #6,929,999 which should be generated at or near the year 2140. The total number of coins in circulation will then remain static at 20,999,999.9769 BTC.

Even if the allowed precision is expanded from the current 8 decimals, the total BTC in circulation will always be slightly below 21 million (assuming everything else stays the same). For example, with 16 decimals of precision, the end total would be 20,999,999.999999999496 BTC.

[confirmation120]

I would speculate that BTC will hit 10k the next time we are in a bubble (during the runup). If not during the next bubble, then it would be the bubble after next.

[BitCoinNutJob]

Some time in 2015, but get ready for a price surge soon we are right in the calm before the storm.  With dell dish and others joining BTC recently i can image 3 times as many big merchants within 2 months. 

[bitmaster111]

Some time in 2015, but get ready for a price surge soon we are right in the calm before the storm.  With dell dish and others joining BTC recently i can image 3 times as many big merchants within 2 months. 

yeah this is good news to us Dell starts accepting bitcoins as payment in America . so if we are in America and wants to buy a Dell laptop for entertainment we can also pay with our bitcoins . this is really one good news to us about growth in BTC market .

[n691309]

I guess when employees of bigger corporations will get option to get paid in BTC. Hard to imagine this will happen any time soon though...

[Argwai96]

I guess when employees of bigger corporations will get option to get paid in BTC. Hard to imagine this will happen any time soon though...

Nah, I don't think that will be the catalyst. I think it will be the investment funds. Once their initial supply gets bought up, they are going to buy up all the off-exchange coins.

And then I think less and less coins will make their way to exchanges. And then....

[Minnlo]

I guess when employees of bigger corporations will get option to get paid in BTC. Hard to imagine this will happen any time soon though...

Nah, I don't think that will be the catalyst. I think it will be the investment funds. Once their initial supply gets bought up, they are going to buy up all the off-exchange coins.

And then I think less and less coins will make their way to exchanges. And then....

Even if the Wall Street guys put just a tiny portion of their money into bitcoin, it will already have a huge impact on bitcoin price as bitcoin total market cap is just 8 billion at this moment.

[williamj2543]

Once the big companies start stepping in, and it has already started (dell.com, tigerdirect.com, and ebay/paypal has been talking about bitcoin), we will need an increase in the market cap, so I am predicting that it will happen (a massive increase) maybe by christmas this year

[empowering]

Sooner than most think.....

[valvalis]

$10K looks like impossible, even just to reach $1000 It's very difficult.

[Yuki1988]

$10K looks like impossible, even just to reach $1000 It's very difficult.

I wouldn't be so sure after reading all those early speculation threads.
True that it may not be easy to hit 10K soon, but with more people using and accepting bitcoin, it would reach the target IMHO.