mskryxz (OP)
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October 20, 2014, 08:17:53 PM |
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![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Bonus questions: How long will it take for us to reach 1 million users based on our current growth rate?
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MrBig
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 08:36:21 PM |
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![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Bonus questions: How long will it take for us to reach 1 million users based on our current growth rate? I think we'll see 1 million members here before $10k btc.
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coinableS
Legendary
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Activity: 1442
Merit: 1186
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October 20, 2014, 09:41:54 PM |
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372,524 members 215 registrations per day
So at current rate we would hit 1 million members in 7.99 years
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Price went from $0 to over $1000 in less than 5 years… Price going up to $10,000 seems like the more obtainable goal
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hyphymikey
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 09:55:20 PM |
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When we break the old ATH new users will be flooding in.
I think we will see 10K first only because it doesn't take much to get there. To triple the amount of users isn't as easy
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BittBurger
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 09:56:41 PM |
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Price went from $0 to over $1000 in less than 5 years… Price going up to $10,000 seems like the more obtainable goal
Bot pumps dont count. More realistically: Price went from $0 to $350 in less than 5 years. The actual value of Bitcoin right now based on demand is basically $350. With a little speculation on top, bringing it to $390's. $1,000 was an anomaly powered by Bots and fake trades. -B-
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Armis
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 10:02:27 PM |
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372,524 members 215 registrations per day
So at current rate we would hit 1 million members in 7.99 years
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Price went from $0 to over $1000 in less than 5 years… Price going up to $10,000 seems like the more obtainable goal
the money is real however not all of the registrations are real -- like when facebook reached a billion members - I knew people with over 50 facebook accounts. Now given the sale of accounts and the rental of sigs, hahahaha bitcointalk is getting lots of new signups, but because of all of the market scams and wholesales losses of money, real people are leaving the community in droves.
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hyphymikey
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 10:04:17 PM |
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Price went from $0 to over $1000 in less than 5 years… Price going up to $10,000 seems like the more obtainable goal
Bot pumps dont count. More realistically: Price went from $0 to $350 in less than 5 years. The actual value of Bitcoin right now based on demand is basically $350. With a little speculation on top, bringing it to $390's. $1,000 was an anomaly powered by Bots and fake trades. -B- Not every buy up to 1000 was a bot. So some people out there considered the price to be that high and bought because it was worth it. You don't get to decide what bitcoin is worth.
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MrBig
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 10:05:09 PM |
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When we break the old ATH new users will be flooding in.
I think we will see 10K first only because it doesn't take much to get there. To triple the amount of users isn't as easy
If it doesn't take much to see $10k bitcoins, then why haven't we seen them yet? The price couldn't stay stable at $1,000 for long and came crashing down in the following months. I think it would take considerably more than 'not much' to reach $10k.
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coinableS
Legendary
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Activity: 1442
Merit: 1186
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October 20, 2014, 10:07:20 PM |
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372,524 members 215 registrations per day
So at current rate we would hit 1 million members in 7.99 years
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Price went from $0 to over $1000 in less than 5 years… Price going up to $10,000 seems like the more obtainable goal
Bot pumps dont count. More realistically: Price went from $0 to $350 in less than 5 years. The actual value of Bitcoin right now based on demand is basically $350. With a little speculation on top, bringing it to $390's. $1,000 was an anomaly powered by Bots and fake trades. -B- You don't really believe that willey crap do you? It was real demand. Take a look here. Looks familiar doesn't it? Sharp spike and then it settles before it launches again. It's natural movement of a volatile market.
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Armis
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2014, 10:09:01 PM |
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Price went from $0 to over $1000 in less than 5 years… Price going up to $10,000 seems like the more obtainable goal
Bot pumps dont count. More realistically: Price went from $0 to $350 in less than 5 years. The actual value of Bitcoin right now based on demand is basically $350. With a little speculation on top, bringing it to $390's. $1,000 was an anomaly powered by Bots and fake trades. -B- I have a different twist on that. BTC true value is about $500, however because of the media pumps it was inflated well above. When the media attention turned neg due to all of the scams (all internal) the value retarded to where it is now. If the btc community could make the CC industry a safer place to do business it will go back up instantly. The scandal at Mintpal will put another dent into the program.
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zimmah
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October 20, 2014, 10:40:40 PM |
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We're not even close to 1 million members, and as adoption grows by a large margin (about 3 times, looking at the numbers), the value of bitcoin will also increase by a large margin (not necessarily by 3 times).
So, by that logic i'd say $10 000 is reached much earlier than 1 million members.
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STT
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Merit: 1436
Exchange 250+ Coins With 0% Fees
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October 21, 2014, 12:16:16 AM |
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Inflation in dollars would likely exceed population growth in a more volatile short term way, so we could extrapolate that 10k btc is more probable to occur first. Price is not value though and this 10k may only buy a loaf of bread which would make us all poorer Certainly is absolute terms, its easier to add a zero on a balance sheet then create more people then are dying. Both are in positive growth but dollars do not naturally expire. Of course btc could just get more popular suddenly or just this forum, CNN features the web address or something like that might do it
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thew3apon
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October 21, 2014, 12:50:03 AM |
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1 million users on bitcointalk first, people need to come here to ask question before they buy BTC...
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Room101
Sr. Member
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Rules not Rulers
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October 21, 2014, 07:21:30 AM |
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372,524 members 215 registrations per day
208 of those are fallllling though!
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Bitcoin is the greatest form of protest there is. Vote in the only way that really counts: with your money.
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Bulletin
Member
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October 21, 2014, 07:26:45 AM |
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10000 will be first, 1M here will not be as soon possible.
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Wekkel
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yes
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October 21, 2014, 08:56:00 AM |
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10000 will be first, 1M here will not be as soon possible.
I agree. 1 million users here would be quite interesting to watch.
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cellard
Legendary
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October 21, 2014, 12:27:23 PM |
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1 million users on bitcointalk first, people need to come here to ask question before they buy BTC...
This makes sense. Anything you google about Bitcoin leads to this forum, and people will ask here before risking their money. Plus this forum has languages for everyone so its ideal.
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Equate
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October 21, 2014, 12:40:47 PM |
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1 million users on BTT before BTC reached 10k because as soon as BTC surpasses $1000 , more and more people will be again interested in BTC and by the time BTC rallies to 10k , we would have more than 1M users.
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cma3
Newbie
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October 21, 2014, 12:46:48 PM |
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1M subs would be first.
One drives the other.
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Armis
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 21, 2014, 01:51:46 PM |
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1M subs would be first.
One drives the other.
2014 has seen an uptick in subs, but a sharp decline in btc price what type of driving were you talking about, away?
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