$10,000 when?

[DubFX]

I'm hoping by the end of this month

That would have to be dream.

[Dafar]

Hopefully $10k is many years away.  I say this as I'm interested in the long term health and viability of bitcoin.  If we continue to act like thousands of percent of growth in a year is normal we just look like massive pump and dump merchants looking for a sucker.

If bitcoin continues to appreciate in value like mad, why would you, or anyone else, ever spend one?  As soon as you get your hands on a bitcoin you're going to hold on to it for dear life as it's going to buy ten times more goods in a year's time.  This is not normal or healthy.

I rather be rich now than "many years away"... speak for yourself

Every time btc experiences a huge spike unlike any other investment, that's when it gets the most positive media attention and that's when new money jumps in. Using bitcoin as day-to-day currency doesn't have to be the #1 application. It can be a store of wealth, investment, a portal to transfer money, etc. Merchants automatically adjust prices to current dollar value and sell bitcoins immediately so it doesn't really matter. Take your steady, boring growth attitude back to the stock market if you want to wait 5 years to see a 10% profit

[bronco]

it probably never hits 10k in our life time. WHen nobody expected it at $100 it got there. WHen everybody anticipating 10k  it  will never get there, works other way around

[BitChick]

it probably never hits 10k in our life time. WHen nobody expected it at $100 it got there. WHen everybody anticipating 10k  it  will never get there, works other way around

There were plenty of people that thought it would get to $100 or $1000 or even $10,000 or more even a year or two ago. 

[bronco]

There were plenty of people that thought it would get to $100 or $1000 or even $10,000 or more even a year or two ago. 

nooo...everybody thinks it gets to 10k because twins say so...it started then

[Bronstad]

There were plenty of people that thought it would get to $100 or $1000 or even $10,000 or more even a year or two ago.  

nooo...everybody thinks it gets to 10k because twins say so...it started then

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

[BitChick]

There were plenty of people that thought it would get to $100 or $1000 or even $10,000 or more even a year or two ago.  

nooo...everybody thinks it gets to 10k because twins say so...it started then

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

In 2011 someone said this:

2013: $10,000+

That or Bust. If Bitcoin cannot pick up such a pace, it's not going to survive the wrath of its enemies.

Darn.  We are a little slow! 

[alexeft]

Hopefully $10k is many years away.  I say this as I'm interested in the long term health and viability of bitcoin.  If we continue to act like thousands of percent of growth in a year is normal we just look like massive pump and dump merchants looking for a sucker.

If bitcoin continues to appreciate in value like mad, why would you, or anyone else, ever spend one?  As soon as you get your hands on a bitcoin you're going to hold on to it for dear life as it's going to buy ten times more goods in a year's time.  This is not normal or healthy.

Nothing like bitcoin has existed before! How do you know what is normal and what is not?

[SlipperySlope]

Hopefully $10k is many years away.  I say this as I'm interested in the long term health and viability of bitcoin.  If we continue to act like thousands of percent of growth in a year is normal we just look like massive pump and dump merchants looking for a sucker.

If bitcoin continues to appreciate in value like mad, why would you, or anyone else, ever spend one?  As soon as you get your hands on a bitcoin you're going to hold on to it for dear life as it's going to buy ten times more goods in a year's time.  This is not normal or healthy.

Your point about pump and dump is correct - yet there is not much that we can do about it.

If the Bitcoin Economy follows the classical S-Curve model of technology adoption, the sort of exponential grow we have seen in the past four years will continue at the same sort of exponential growth until the half-way point of adoption. After that point, exponential growth will rapidly decline.

But how many more years will it take to reach the halfway point of adoption? I believe that we are three or four years away at least.

There is plenty of time left for more bitcoin price bubbles.

[bronco]

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

10k+ bitcoin means it used instead of visa, paypal. Will this happen? . Huge argument against 10k is that it would make me multimillionaire. Do you really think multimillionaires sound like me?

[BitChick]

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

10k+ bitcoin means it used instead of visa, paypal. Will this happen? . Huge argument against 10k is that it would make me multimillionaire. Do you really think multimillionaires sound like me?

In the 4th quarter of this year Second Market has already announced that they will be introducing a fund that will get some major players on Wall Street involved.  Bitcoin will not need to take over Visa and Paypal for millions of dollars to be invested.  This should easily propel the price of bitcoin up by several thousand, if not $10,000.

But if you don't believe in Bitcoin getting to that point feel free to sell whenever you want.

[ilpirata79]

I am afraid Mtgox was artificially inflating the price. So maybe we won't see 1000-2000 for a relatively long time.

Best regards,
ilpirata79

[wobber]

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

10k+ bitcoin means it used instead of visa, paypal. Will this happen? . Huge argument against 10k is that it would make me multimillionaire. Do you really think multimillionaires sound like me?

In the 4th quarter of this year Second Market has already announced that they will be introducing a fund that will get some major players on Wall Street involved.  Bitcoin will not need to take over Visa and Paypal for millions of dollars to be invested.  This should easily propel the price of bitcoin up by several thousand, if not $10,000.

But if you don't believe in Bitcoin getting to that point feel free to sell whenever you want.

Same thought. Would be too easy for some people to get multimillionaires. And Satoshi would have what, greatest wealth all-time? But that's not a an argument for which BTC can never be 10,000 usd. It will never be because we already are saturated. Many many people learn about bitcoin each day but very very few buy. Bitcoin is niche.

I don't know what ETF/ SecondMarket is. But I do know that there is no place of "financial businesses" in Bitcoin world. No investments, no derivatives, nothing else than buyers and sellers of good or services. No even exchanges.

So 2000 = never.

[BitChick]

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

10k+ bitcoin means it used instead of visa, paypal. Will this happen? . Huge argument against 10k is that it would make me multimillionaire. Do you really think multimillionaires sound like me?

In the 4th quarter of this year Second Market has already announced that they will be introducing a fund that will get some major players on Wall Street involved.  Bitcoin will not need to take over Visa and Paypal for millions of dollars to be invested.  This should easily propel the price of bitcoin up by several thousand, if not $10,000.

But if you don't believe in Bitcoin getting to that point feel free to sell whenever you want.

Same thought. Would be too easy for some people to get multimillionaires. And Satoshi would have what, greatest wealth all-time? But that's not a an argument for which BTC can never be 10,000 usd. It will never be because we already are saturated. Many many people learn about bitcoin each day but very very few buy. Bitcoin is niche.

I don't know what ETF/ SecondMarket is. But I do know that there is no place of "financial businesses" in Bitcoin world. No investments, no derivatives, nothing else than buyers and sellers of good or services. No even exchanges.

So 2000 = never.

People are not buying right now because they are nervous about it. The price dropped so rapidly, just like after it did last April, that it will take some time to recover from that.  But once people start buying again there are more players in the "game" so to speak than the last run in November.  It will sky rocket again and this time to new heights.  People will throw money in so fast it will make our heads spin.  It will be insane.  Just wait.

[RodeoX]

March 6th. 2015 at exactly 2:12GMT.

Does that make you feel better. 

[wobber]

I understand this is what you want, but not going to happen. Or, to be explicit, we can have a few bubbles, maybe some ATHs but all less than 2000.

[bitcoinsrus]

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

10k+ bitcoin means it used instead of visa, paypal. Will this happen? . Huge argument against 10k is that it would make me multimillionaire. Do you really think multimillionaires sound like me?

In the 4th quarter of this year Second Market has already announced that they will be introducing a fund that will get some major players on Wall Street involved.  Bitcoin will not need to take over Visa and Paypal for millions of dollars to be invested.  This should easily propel the price of bitcoin up by several thousand, if not $10,000.

But if you don't believe in Bitcoin getting to that point feel free to sell whenever you want.

Same thought. Would be too easy for some people to get multimillionaires. And Satoshi would have what, greatest wealth all-time? But that's not a an argument for which BTC can never be 10,000 usd. It will never be because we already are saturated. Many many people learn about bitcoin each day but very very few buy. Bitcoin is niche.

I don't know what ETF/ SecondMarket is. But I do know that there is no place of "financial businesses" in Bitcoin world. No investments, no derivatives, nothing else than buyers and sellers of good or services. No even exchanges.

So 2000 = never.

People are not buying right now because they are nervous about it. The price dropped so rapidly, just like after it did last April, that it will take some time to recover from that.  But once people start buying again there are more players in the "game" so to speak than the last run in November.  It will sky rocket again and this time to new heights.  People will throw money in so fast it will make our heads spin.  It will be insane.  Just wait.

better?

[BitChick]

I don't understand why you act so certain about something like this. How would you even begin to believe you can speak for everybody.

Check this thread out (and then check the timestamps):
https://bitcointalk.org/index.php?topic=22619.0

10k+ bitcoin means it used instead of visa, paypal. Will this happen? . Huge argument against 10k is that it would make me multimillionaire. Do you really think multimillionaires sound like me?

In the 4th quarter of this year Second Market has already announced that they will be introducing a fund that will get some major players on Wall Street involved.  Bitcoin will not need to take over Visa and Paypal for millions of dollars to be invested.  This should easily propel the price of bitcoin up by several thousand, if not $10,000.

But if you don't believe in Bitcoin getting to that point feel free to sell whenever you want.

Same thought. Would be too easy for some people to get multimillionaires. And Satoshi would have what, greatest wealth all-time? But that's not a an argument for which BTC can never be 10,000 usd. It will never be because we already are saturated. Many many people learn about bitcoin each day but very very few buy. Bitcoin is niche.

I don't know what ETF/ SecondMarket is. But I do know that there is no place of "financial businesses" in Bitcoin world. No investments, no derivatives, nothing else than buyers and sellers of good or services. No even exchanges.

So 2000 = never.

People are not buying right now because they are nervous about it. The price dropped so rapidly, just like after it did last April, that it will take some time to recover from that.  But once people start buying again there are more players in the "game" so to speak than the last run in November.  It will sky rocket again and this time to new heights.  People will throw money in so fast it will make our heads spin.  It will be insane.  Just wait.

Couldn't you have at least found a picture of a head spinning? 

[iluvpie60]

Forget the $1m & $100,000 predictions, when will bitcoin hit $10,000 (if ever)?

It will happen when the dollar is worth 20 times less than it is at this exact second.

[leopard2]

- Gox surprises everyone with a revival under new management. Investors buy the company and lots of cheap BTC, then pay everyone off 100%

- IRS ruling is overturned because it is impractical and this Texas senators bill passes

- China news turns out as FUD, more regulation but no ban

- Wall street money is pouring in

Then all we need is a "bank holiday" of some sort or a similar event, maybe a Japanese bank this time, they are ripe. $10K is as likely as zero.