$10,000 when?

[BRE]

Jan 1 2025 we may see $10k coins.  seems like a lifetime away.

Yes but 1 pan med Pizza will cost you $1k on that year / 2025.
And yes that possible.

The only i hope now is bitcoin can have normal price range between $600 - $700.
Don't dream or think when bitcoin price will hit $10k , let it flows ......   

[picolo]

I doubt we will ever reach $1000 again in near future. The last bubble was never supposed to happen, now we are due for an extra long despair phase.

I wouldnt be surprised if we dont see a significant run up in price until Dec 2015

I disagree. The 2013 bubble was driven by people investing a lot of money into bitcoin at the same time. The price largely dropped from the bubble highs because of the loss of confidence that the imposition of gox caused. 

We had some big entrances by whales like Winklevos bros.
Gox contributed to price burst but in general people is not ready just yet.

People expected the price to go up, there were many buyers on the market, many news everywhere about Bitcoin and a positive regulation perspective in the US : it felt like Bitcoin could go to the moon.

[lexuz]

I think after end of year,bitcoin price 10.000

[scarsbergholden]

I doubt we will ever reach $1000 again in near future. The last bubble was never supposed to happen, now we are due for an extra long despair phase.

I wouldnt be surprised if we dont see a significant run up in price until Dec 2015

I disagree. The 2013 bubble was driven by people investing a lot of money into bitcoin at the same time. The price largely dropped from the bubble highs because of the loss of confidence that the imposition of gox caused. 

MtGox was probably 50% of the reason why the price crashed from $1200

Early adopters also have made the price drop real hard.

Several massive +10,000BTC dumps when price was over $900.

Buy orders didn't stand a chance.

From what I have seen the early adopters tend to sell their holding around the time the markets hits new peaks. Them seem to prevent the price from going too high when the price is increasing but do not put pressure on it when the price is falling.

It has been a long time since the price was over $900 so these dumps would really not matter where we are now

[picolo]

$10,000 when?

Tomorrow!

Not likely

Reaching 10,000$ in 2015 is achievable but still very unlikely.

[Rub3n]

10 years from now.

[leex1528]

Unfortunately 10,000 will never happen.  It had high hopes to begin with but it looks like it is finally going to crash:(

[Itun]

Eh, I highly doubt it's going to just crash because of the demand

but yeah, it is highly unlikely we're going to be at $10k any time soon.

I'm just hoping for that $1k back lol

[rikkie]

No one can predict this. We have to have a lot of patience. It's the same with everything on the market. Suddenly it goes very much up or down. If you can predict the future, you should be very rich. By low and sell high is what everone wants.
I think best is to keep it for a long time and see and wait.

[picolo]

No one can predict this. We have to have a lot of patience. It's the same with everything on the market. Suddenly it goes very much up or down. If you can predict the future, you should be very rich. By low and sell high is what everone wants.
I think best is to keep it for a long time and see and wait.

Yes I agree that people need to be patient, you see a lot of selling from people that thought they were going to do x2 or x10 in a few months. They bought a year ago and now they think Bitcoin is failing. They are wrong, the technology is still as good as before.

[bigtimespaghetti]

No one can predict this. We have to have a lot of patience. It's the same with everything on the market. Suddenly it goes very much up or down. If you can predict the future, you should be very rich. By low and sell high is what everone wants.
I think best is to keep it for a long time and see and wait.

It's impossible to predict, but not impossible to make some money up or down.

[scarsbergholden]

No one can predict this. We have to have a lot of patience. It's the same with everything on the market. Suddenly it goes very much up or down. If you can predict the future, you should be very rich. By low and sell high is what everone wants.
I think best is to keep it for a long time and see and wait.

Yes I agree that people need to be patient, you see a lot of selling from people that thought they were going to do x2 or x10 in a few months. They bought a year ago and now they think Bitcoin is failing. They are wrong, the technology is still as good as before.

Just because the technology is good does not mean that it will necessarily be useful. Bitcoin's biggest problem is the current lack of consumer and business adoption. It will only be when both businesses and consumers start to use bitcoin on a much larger scale that bitcoin (and blockchain technology) will have any major use.

10k+ levels of the price of bitcoin will likely not happen until we see the above kinds of adoption.

You do need to be patient 

[brg444]

No one can predict this. We have to have a lot of patience. It's the same with everything on the market. Suddenly it goes very much up or down. If you can predict the future, you should be very rich. By low and sell high is what everone wants.
I think best is to keep it for a long time and see and wait.

Yes I agree that people need to be patient, you see a lot of selling from people that thought they were going to do x2 or x10 in a few months. They bought a year ago and now they think Bitcoin is failing. They are wrong, the technology is still as good as before.

Just because the technology is good does not mean that it will necessarily be useful. Bitcoin's biggest problem is the current lack of consumer and business adoption. It will only be when both businesses and consumers start to use bitcoin on a much larger scale that bitcoin (and blockchain technology) will have any major use.

10k+ levels of the price of bitcoin will likely not happen until we see the above kinds of adoption.

You do need to be patient 

Bitcoin can very well reach 10k just by being adopted as an asset class the likes of gold.

[inca]

Bitcoin can very well reach 10k just by being adopted as an asset class the likes of gold.

It surely can. Although I still think of bitcoin as a modern day gold, but one with incredible potential currency utility far outstripping what is possible with fiat currency presently.

As long as the network and protocol survive whilst the utility of bitcoin rises, then barring a usurper (which should be obvious in it's ascendancy), bitcoin should gradually fill the role of sound money and digital gold.

If you forget the price for a moment then bitcoin remains an incredibly exciting project, even six years in. It just has to exist and be useful.

[giletto]

Bitcoin can very well reach 10k just by being adopted as an asset class the likes of gold.

You can't compare Bitcoin and Gold. Bitcoin is invented as a payment method, Gold is in many case different. Some People want to show gold jewelry, its needed by industry, its ofc even a investment. But its not a payment method anymore. How much of this characteristics you can adopt to Bitcoin?

Completely different. Bitcoin will never reach the class of Gold.

To make Bitcoin more atractive and often used with a bigger crowd it need to be more stable first. A Price of 300-320$ for few Year would be helpful, to get more Investor atraction. There is no reason to buy and keep Bitcoin like Gold for wait the Price raise. You guys should use it for what it is invented, to pay for goods, for expenses! Otherwise it will be a niche Nerd thing which never will reach the crowd.

[bitkanu]

Bitcoin can very well reach 10k just by being adopted as an asset class the likes of gold.

You can't compare Bitcoin and Gold. Bitcoin is invented as a payment method, Gold is in many case different. Some People want to show gold jewelry, its needed by industry, its ofc even a investment. But its not a payment method anymore. How much of this characteristics you can adopt to Bitcoin?

Completely different. Bitcoin will never reach the class of Gold.

To make Bitcoin more atractive and often used with a bigger crowd it need to be more stable first. A Price of 300-320$ for few Year would be helpful, to get more Investor atraction. There is no reason to buy and keep Bitcoin like Gold for wait the Price raise. You guys should use it for what it is invented, to pay for goods, for expenses! Otherwise it will be a niche Nerd thing which never will reach the crowd.

you are right we guys need to focus on stability of BTC first and we can say this is our duty to use it more and more into the market ! don't take it like investment Means purchase and hold for few year you will get good profit ! Try to spend this into market with people make it stable method of payment into the world

[sandykho47]

Before you realize it 

[Denker]

First of all adoption of Bitcoin is growing. More and more bigger and smaller companies recognized bitcoin, take it serious and give it a try. So from these poit of view it looks much better than 12 months ago.
The actual price shouldn't be so important right now as long as you believe in the technology. Think long term

Any idea how long it took for the mp3 data format from being invented to used in mainstream to make the break through?
If not do some research and you may be surprised how much breath you might need.So relax and BE PATIENT.

I believe in the success of blockchain technology. And for Bitcoin it might happen or not. And if not it will be replaced by another coin.
As I read here somewhere in the forum: google was not the first search engine, iphone was not the first smart phone etc.!!

Keep your eyes open for new things and companies which might use blockchain technology in the next years. Companies who offer apps or services on top of a blockchain. There will be so many inventions the next years we may not think about right now.
As I said I'm sure that blockchain technology will 100% go mainstream. And if Bitcoin will make it I don't know, I hope so. But I recommend to open your eyes also for the one or other additional coin.

[asdlolciterquit]

if you believe in math, here's your answer-->22-11-2017

Look at this thread-->https://bitcointalk.org/index.php?topic=831547.0

[Silverspoon]

if you believe in math, here's your answer-->22-11-2017

Look at this thread-->https://bitcointalk.org/index.php?topic=831547.0

That's not math, that's called making silly assumptions and curve fitting.  The curve fits very poorly, BTW, even when plotted over log scale.