100k a coin, not that high....really

[joe 90]

I looked at some very old threads discussing whether bitcoin could possibly hit $100 a coin, and it was full of "experts" explaining why it was impossible. Maybe bitcoin will 100k a coin, but I suppose it depends a lot on events.

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[Chalkbot]

I looked at some very old threads discussing whether bitcoin could possibly hit $100 a coin, and it was full of "experts" explaining why it was impossible. Maybe bitcoin will 100k a coin, but I suppose it depends a lot on events.

Well, first we need some experts explaining why it's impossible....

[TheNewAnon135246]

Something needs to happen for bitcoin to reach such an high price. We've seen the price rise to $1200 because China started adopting bitcoins, which caused an immense demand for bitcoins. This caused the price to rise. It won't just rise to $100,000 out of itself. We need something huge to happen, which I don't see happening within 5 years.

[gentlemand]

Something needs to happen for bitcoin to reach such an high price. We've seen the price rise to $1200 because China started adopting bitcoins, which caused an immense demand for bitcoins. This caused the price to rise. It won't just rise to $100,000 out of itself. We need something huge to happen, which I don't see happening within 5 years.

'China' was probably a few tens of thousands at the very most. I think the biggest exchange there said they had something like 10,000 unique users per day. That leaves rather a lot of room for others to get excited about it.

[joe 90]

Something needs to happen for bitcoin to reach such an high price. We've seen the price rise to $1200 because China started adopting bitcoins, which caused an immense demand for bitcoins. This caused the price to rise. It won't just rise to $100,000 out of itself. We need something huge to happen, which I don't see happening within 5 years.

It seems to be unexpected big events that really push bitcoin prices one way or the other. Maybe China will ban, and then unban bitcoin again soon. That should make the price yo-yo up and down for a while.

[DjPxH]

Something needs to happen for bitcoin to reach such an high price. We've seen the price rise to $1200 because China started adopting bitcoins, which caused an immense demand for bitcoins. This caused the price to rise. It won't just rise to $100,000 out of itself. We need something huge to happen, which I don't see happening within 5 years.

'China' was probably a few tens of thousands at the very most. I think the biggest exchange there said they had something like 10,000 unique users per day. That leaves rather a lot of room for others to get excited about it.

Let's see what happens when even more people there start to buy in. As I understand it, they now have to deal in USD, right? So they may go and exchange their CNY to USD and get going?

[beetcoin]

it's possible, but i think people are expecting it to happen. as of now, it's a possibility, but it's too hard to imagine it as likely.

[Ejaculation]

100K by March 2017, that is the funniest joke I've ever seen.

[Elwar]

If as many drug deals were done with bitcoins as the media and governments claim are done we'd be up over $100k/bitcoin.

[Febo]

I'm in it for a million dollar Bitcoin

No way that would not happen. IS a sure thing.

[bitpop]

I'm in it for a million dollar Bitcoin

No way that would not happen. IS a sure thing.

It'll happen as fiat becomes worthless