Four Charts That Suggest Bitcoin Value Could Be At 10,000 USD Next Year

[colinistheman]

More like 28k - expanding leading diagonal:: https://www.tradingview.com/v/dHbn7XZ4/

lmao

make it 100k!

[SmoothCurves]

More like 28k - expanding leading diagonal:: https://www.tradingview.com/v/dHbn7XZ4/

lmao

make it 100k!

What's so funny? Those kinds of moves are not unusual in Bitcoin.

[NotLambchop]

^
Not unusual--simply never happened.
Because $ million can't do to today's price what a $10 bill could once do (when barely any BTC was mined & price was less than a penny).  Things don't scale.

[shangerlaa]

bitcoin wont reach 10k maybe in 50 or 100 years. I have invested for around 30 years. And I will tell you all right now thats not how investing works. Investing is built around manipulation of the market. I didn't touch bitcoin cause I know the big wigs will sell off kill the market and buy at low prices then kill the market again. I told a bitcoin miner all buy around 200 and he laughed at me this was when it was around 900 he said its going to 10k in a year.  History will teach you a lot. I think gold should be around 100k an ounce and its 1200. I do own gold as a hedge vs the dollar but i didn't buy gold for investing purposes. What i bought was junior gold miner stocks and made about 5x my profit then sold it all off. People listen to peter schiff balony scam stories how gold is going to 10k. I said ya in about 50 to 100 years maybe. People ripped me left and right well i sold off and now they lost ton of money I know few people have to un retire and go back to work. The market is 18k right now i will tell you all i would not touch it with 10 foot pole until the market is destroyed again.

I never touched bitcoin until recently. And im slowly pyramiding into it. I bought it around 160 dollars. To be at 240 is amazing for anything a few years ago was what 30 or 40 bucks a coin? You should be happy with that but believing its going to be 10k is just gold fever imo. It went over 1k and got crushed that should be all the proof you need. The transactions are up over 150% last year its more popular then ever and more businesses are going into it and the price keeps sinking and people dont' understand why. It should be 10k an ounce but rich people are not going to let you buy some internet coins and get rich. They buy it all up and if it goes to high they sell off. Bitcoin is the easiest market to manipulate cause you can remain anonymous. So I do like the idea of bitcoin. I think it has a very bright future but in 5 to 10 years if its 500 bucks I am happy with that. Instead find businesses built around bitcoin that will have a huge future from it and invest in that if you want to make money. Rich people can't kill a strong business. Whos gonna put coke out of business? Rich people cant make us stop drinking coke. Or like a company like amazon. We will continue to purchase things on amazon. But hoping bitcoin 10k a coin without any manipulation getting in the way is not realistic. So this is sound advice find businesses built around it and find ways to invest into them. I have a few I am gong to invest into but not until the stock market at least cuts in half and slowly invest into things dont jump into it or your going to be broke.

[Fabrizio89]

Yeah good luck with that, US rates will increase by the end of the year, noone will touch risky shits for quite a while.

[mrhelpful]

$10k is a large number.

What would allow bitcoin to scale so high to that point? If you need backed up with your reasons of it outside from charts, then maybe like how its new core helps to prevent double spending or something technical.

We still have the block size issue 1mb, so until small details are fixed I dont see it to scale. So no.

[ssmc2]

bitcoin wont reach 10k maybe in 50 or 100 years. I have invested for around 30 years. And I will tell you all right now thats not how investing works.

That's great. Lucky for us one doesn't "invest" in bitcoin and there hasn't been anything like it in the past 30 years.

[1Referee]

$10k is a large number.

What would allow bitcoin to scale so high to that point? If you need backed up with your reasons of it outside from charts, then maybe like how its new core helps to prevent double spending or something technical.

We still have the block size issue 1mb, so until small details are fixed I dont see it to scale. So no.

There is no block size issue at this point. So many blocks don't even use more than 50% of the 1MB limit. The need for change right now is not there.

Regarding op; keep dreaming.

[rjclarke2000]

Well I definitely prefer the "RALLY!!!!!!" Thread.

Everyone here is too realistic. We can all dream here guys come on. Don't piss on my fire.

[techgeek]

Well I definitely prefer the "RALLY!!!!!!" Thread.

Everyone here is too realistic. We can all dream here guys come on. Don't piss on my fire.

Not realistic enough lol.

Not downing on your dream, but some of us want to see realistic scenarios, not like what we saw at mt.gox.

I know you want to see those kinda events again, I mean who wouldnt, but now its more of what will actually move us forward. 

[Q7]

After looking at it, I'm still skeptical especially if you are saying 10k? That's a bit off isn't it? The most I expect the price to be is something like at the 800-ish range and that is if we get lucky. Results from charts and analysis most of the time didn't turn up as expected even though the indicators might tell you it is right.

[Brewins]

50x rise in less than 2 years would be too big, even when you compare rises that happened when market cap was way smaller

[BitmoreCoin]

Bitcoin could be $10k, but not in 5 years.

[dasein]

Well I definitely prefer the "RALLY!!!!!!" Thread.

Everyone here is too realistic. We can all dream here guys come on. Don't piss on my fire.

Not realistic enough lol.

Not downing on your dream, but some of us want to see realistic scenarios, not like what we saw at mt.gox.

I know you want to see those kinda events again, I mean who wouldnt, but now its more of what will actually move us forward. 

Don't mistake cynicism for realism. The dreamers win in the end.

[goxed]

1 bitcoin is 100million bits. 10K USD / BTC is entirely within the realm of possibilities.
I remember someone sold their ~2k BTC for a Toyota prius way back in 2012, and may people applauded and some thought it was unwise. Time will tell.

[Chef Ramsay]

If some of the startups that are getting this VC come up big and can help generate popularity and demand, these high price numbers are entirely possible. If we stay alive and growing, we'll get to those numbers anyway. If and when the Winks get their shit up and running we're likely gonna see some huge money coming in in bundles.

[Natalia_AnatolioPAMM]

$10k ? You are dreaming
We always see dump & dump, never seen any huge pump since we reached $1000
Even $1000 is achieved because Willy Bot

Even 1k in this year is amazing

1k ever is amazing!

[dasein]

Well I definitely prefer the "RALLY!!!!!!" Thread.

Everyone here is too realistic. We can all dream here guys come on. Don't piss on my fire.

Not realistic enough lol.

Not downing on your dream, but some of us want to see realistic scenarios, not like what we saw at mt.gox.

I know you want to see those kinda events again, I mean who wouldnt, but now its more of what will actually move us forward.  

Don't mistake cynicism for realism. The dreamers win in the end.

That's so true! Let greedy money-changers sell holy Bitcoins for money, growing fat on our poverty. Let their children bask in luxury. Let their satanic spawn study godlessness ad other so-called "sciences" in fancy ivy-league universities, while ours pick through their trash!

For The Good Book tells us, "It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God."
The poorer and humbler our Bitcoin makes me, the sooner I will return to Him, to dwell in His tabernacle for ever and ever!

Selah, Brother Bitcoiner, Selah!

[dothebeats]

Could be, with the help of a heavy buying pressure and some bots rigging up the order books, another pump to another ATH. But it could probably be reached without the pump, maybe, just maybe, with widespread adoption and a constant demand for it. Next 5 years would be too short; 10 years could hit the bulls-eye, but this is purely speculation.

[Fakhoury]

Could be, with the help of a heavy buying pressure and some bots rigging up the order books, another pump to another ATH. But it could probably be reached without the pump, maybe, just maybe, with widespread adoption and a constant demand for it. Next 5 years would be too short; 10 years could hit the bulls-eye, but this is purely speculation.

Why 5 years is short bro ?

I know it's speculation as you said, but why you see 5 years is short and you preferred 10 years as you said.