$10,000 in three years - page 2. | Bitcointalksearch.org

Febo

legendary

Activity: 2744

Merit: 1288

Quote from: Odalv on September 12, 2014, 03:16:23 PM

Long term support goes up more than 500% every year.

31.12.2012 $12
31.12.2013 $60
31.12.2014 $300
31.12.2015 $1,500
31.12.2016 $7,500
31.12.2017 $37,500

So Draper is really conservative. :-)

it went more then 500%, but in future might not be that high anyone.

srgkrgkj

legendary

Activity: 1218

Merit: 1000

$10k in 3 years may sound impossible but can happen Cheesy

the Bitoin foundations allow anything to happen.

DeadCoin

sr. member

Activity: 1246

Merit: 261

★ Investor | Trader | Promoter

Quote from: inca on September 13, 2014, 06:07:18 AM

Quote from: Buffer Overflow on September 13, 2014, 01:06:23 AM

I can't see 10K in 3 years. Remember 12.5 BTC will be created every 10 minutes that need to be absorbed.

Could you see the previous 10x movements upward every year preceding this? What is the difference?

Bigger the market cap, more difficult and less likely to have 10x upward movement

inca

legendary

Activity: 1176

Merit: 1000

Quote from: exocytosis on September 13, 2014, 05:25:29 AM

Quote from: lyth0s on September 13, 2014, 01:30:09 AM

As soon as price starts increasing miners start holding more coins, which then in turn fuels higher prices as supply decreases.

And what, exactly, would make the price increase in the first place? Roll Eyes

You know full well..

inca

legendary

Activity: 1176

Merit: 1000

Quote from: Buffer Overflow on September 13, 2014, 01:06:23 AM

I can't see 10K in 3 years. Remember 12.5 BTC will be created every 10 minutes that need to be absorbed.

Could you see the previous 10x movements upward every year preceding this? What is the difference?

exocytosis

sr. member

Activity: 476

Merit: 250

Quote from: lyth0s on September 13, 2014, 01:30:09 AM

As soon as price starts increasing miners start holding more coins, which then in turn fuels higher prices as supply decreases.

And what, exactly, would make the price increase in the first place? Roll Eyes

lyth0s

legendary

Activity: 1260

Merit: 1000

World Class Cryptonaire

Quote from: Buffer Overflow on September 13, 2014, 01:06:23 AM

I can't see 10K in 3 years. Remember 12.5 BTC will be created every 10 minutes that need to be absorbed.

As soon as price starts increasing miners start holding more coins, which then in turn fuels higher prices as supply decreases. $10,000 in 3 years is very bearish IMO.

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

I can't see 10K in 3 years. Remember 12.5 BTC will be created every 10 minutes that need to be absorbed.

Soros Shorts

donator

Activity: 1617

Merit: 1012

Quote from: Dalmar on September 12, 2014, 01:25:45 PM

This reminds me of gold bagholders who bought at the top and are still hoping for $10,000 per ounce of gold.

With the way the US dollar is being systematically "eased" most of us might see this in our lifetimes.

Wilhelm

legendary

Activity: 1652

Merit: 1265

Quote from: ?? on ??

Quote from: Kupsi on September 12, 2014, 06:18:18 PM

The ETF will take us there in 12 months if it gets approved.

wrong. this is a dangerous assumption.

if anyone wanted to buy bitcoin, they would have done it by now. there is no money waiting on the sidelines for an ETF approval. they would have used an exchange or bought directly from a miner on contract if they wanted.

That's the reason nobody trades in paper gold Roll Eyes

ETF will make Bitcoin accessible to trading companies and make investing easier, safer and legitimate.

Kupsi

legendary

Activity: 1193

Merit: 1003

9.9.2012: I predict that single digits... <- FAIL

The ETF will take us there in 12 months if it gets approved.

Ektra

full member

Activity: 137

Merit: 106

Quote from: Sir Barken Hyena on September 12, 2014, 03:41:31 PM

Very little attention has been payed to Bitcoin by the mainstream media since the collapse of Gox. Those of us who follow bitcoin obsessively know there has been a ton of important progress made but for the larger world, it's off the radar entirely. I often encounter people who think that Bitcoin completely died in March and are shocked to learn that it still exists and has held value.

The breakout, if it comes, will be fueled by media hype. What could cause that? Who knows.

More or less this.

FUR11

sr. member

Activity: 378

Merit: 250

FURring bitcoin up since 1762

$10k in three years sounds reasonable! I think we could get there sooner if there's a healthy climb in 2015, and we may cross the $10k in 2016 then. A bubble in 2014 seems very unlikely at this point, though...

riiiising

newbie

Activity: 45

Merit: 0

Quote from: Odalv on September 12, 2014, 11:37:53 AM

Quote

Draper told CoinDesk:

“I guess the markets aren’t seeing what I am seeing. An entire economy is being rebuilt. I have a price target of $10,000 in three years. Even that may be pessimistic.”

http://www.coindesk.com/tim-draper-bitcoins-price-still-headed-10k/

In three years? Huh, that's a long time for $10k, I say! We'll be there much sooner!

Sir Barken Hyena

newbie

Activity: 3

Merit: 0

Very little attention has been payed to Bitcoin by the mainstream media since the collapse of Gox. Those of us who follow bitcoin obsessively know there has been a ton of important progress made but for the larger world, it's off the radar entirely. I often encounter people who think that Bitcoin completely died in March and are shocked to learn that it still exists and has held value.

The breakout, if it comes, will be fueled by media hype. What could cause that? Who knows.

Odalv

legendary

Activity: 1414

Merit: 1000

Long term support goes up more than 500% every year.

31.12.2012 $12
31.12.2013 $60
31.12.2014 $300
31.12.2015 $1,500
31.12.2016 $7,500
31.12.2017 $37,500

So Draper is really conservative. :-)

trabitc

newbie

Activity: 13

Merit: 0

I would answer $10,000 in one year, or at least is what I'm hoping..

tex99

member

Activity: 78

Merit: 10

Quote from: ChuckBuck on September 12, 2014, 12:40:30 PM

Of course he's trying to pump up his 30,000 BTC investment, he lost $5mill FIAT on it since July! Shocked

I believe in Bitcoin, I'm just trying to figure out why it's declined from $650 in July to $470 now, with mostly positive news, investors and entrepeneurs alike trying to jump in, and increasing adoption.

Something's holding it back besides the proposed NY Bit license regulation, I just have no idea what it is. Sad

The Mt Gox and silk road bitcoins are still in limbo. That could affect the price.

zimmah

legendary

Activity: 1106

Merit: 1005

Quote from: Chuckee on September 12, 2014, 12:55:25 PM

Quote from: DeadCoin on September 12, 2014, 12:42:39 PM

Bitcoin pumper says price will go up? Shocked

I'm shocked.

We're pretty much left with this crap now, since they've banned and are apparently trying to extort fees from anyone who has a negative outlook.

omg, at first i thought he was just joking, but now that i look at his post history i realized who he really is

Mellnik

sr. member

Activity: 242

Merit: 250

Quote from: Chuckee on September 12, 2014, 11:49:25 AM

draper sunk his money into a poor investment and now he is attempting to pump it so he can sell it to a "newer idiot".

don't be fooled by his biased assertion and do not buy into a false recovery!

Yes!!1 ofc what an obvious intention of Draper, well recognized Shocked

Topic: $10,000 in three years - page 2. (Read 3756 times)