Topic: $10,000 per Bitcoin ??? - page 5. (Read 13138 times)

It can grow to $1000 maximum... But I dont think $10,000 is possible... If by any freaking chance that happens.... I would be more happier than a santa clause

$10k can't be achieved so easily, it will require huge market cap to reach there, and looking at the present growth I think we need to wait longer to see that price.

That is a lot of money for 1 Bitcoin and that is because you also can see that there will be more people that is holding but the chance is really low that it will reach that value.
And that is because it was already stable for a long time and it needs a long time to reach a higher value.

If the day comes that the price will be $10,000 per Bitcoin I will sell them all at once because that is allot of money. But what I really want to know is when this is going to happen.
It is hard to predict this happening because we are just so far away from it.

Starting from $1k price range , many will do the bearish activity to take profit so that $5k is really unrealisitic even we count for 1 decade. There are some serious problem that will happen if the price will reached $1k price. Also it's needs really a lot of coin supply since to make the price increase, demands must be large as in really large.

Even if it reaches to $5k in future majority of people will sell all their coins and make money from it as that would be the best price to sell off  all your coins.

We all know that the chance of this happening is pretty small so I personally do not get my hopes up for this to happen. But I have to say that if the price was this high at the moment I would sell everything and I would be done with Bitcoin.

I don't think he will ever reach the 10.000 each because that's it to much if the coin
will reach that amount there are allot of people who getting very rich.

The chance is really small that it can reach that value and that is because it was already a low value and it needs a long time until it will reach a high value again.
So we need the patience for it if we want to sell it at a higher value.

It would be nice to see $5000 after 10 years, but $10000 is way too much to happen within your given timeframe.

It means that the price must go up at least $1000 per year to meet your 5 to 8 year target, and that's not going to happen.

10000 dollar for the bitcoin is for the price in 5-8 years. We will not see it in the next few years at least.

10k for a bitcoin is just not realistic and this will also not happen in my opinion because the fact is that it will never happen in my opinion.
The halving will help to let the price rise but not to such a price.

I think so to Bitcoin needs allot more time for the price is finally going to hit $10,000. We are no where near the thousands so it is almost impossible to predict when it is going to happen. I guess that it will at least 5 more years before the price will be that high.

The value will not even reach that high value and that is the problem because you never know what the value will be also in the future and of course we want to make some profit.
But it is hard to know from before what will happen with Bitcoin and that is the problem.

Exactly, and no doubt mass adoption is important to take price higher, but we cannot judge that when it will reach to $10k may be it can also get stuck at same place in future.

Please explain me how you have calculated 2 million users will translate into a price of $10,000?? To me it sounds like pure nonsense.

When the bitcoin is used by 2 million people in the world, the price could be around $10,000. Mass adoptioin is very important.

Bitcoin will reach there someday, but cannot judge the exact time that when it can reach there as it is really difficult to predict anything about bitcoin.

10.000$ is nothing, if bitcoin ever only reaches 10k, it has failed.

7.5 billion people. If only 1% (75 mil) of the world's population has 100$ worth in bitcoin that is more than today's market cap (and actually a lot less, marketc isn't working that way, but forget that for a moment)...and i am sure there are more than 75 million, -these are just individuals, not corporates, banks, funds, states, etc. - people who can and willing 100$ to kept in btc.

Just play a bit with the numbers, do some calculations before saying "nah 10.000$, never".

Agree, and finally someone has math in them - which is weird, that 95% here don't understand math on a crypto forum..
Also, why we assume, or make it a condition, that the profitability of buying bitcoin at higher price ($10k+ for example) should be the same as buying at $1 value? The point of risk taking/early adoption/foresight is that it can and should yield larger profit!

Even more, at $10k+ prices, average Joe/corporations less likely to buy bitcoin for speculation, they will buy it because they HAVE TO, a lot of economic activity will start to say "bitcoin only, don't need pesos/bolivars/rands kthxbye", so for "laggards" it will becoming less of a choice day by day, but a necessity.

Just read the history of any shift, sudden change in the circulating money hyper-inflating/loosing liquidity en masse, and the new monetary unit spreading among the populace like the plague.

edit: now that i think of it, everything happens in sudden "unexpected" bursts in the economy (or in nature), stocks can crush in a day, complete industries can vanish in a couple of months due to innovation, countries can shoot up/down due to externalities, etc. The assumption, that somewhat bitcoin price won't follow an insane boom-bust trend in the future as well in the past, is naive, hence a big FOMO/mainstream press craziness can shoot it way over a "normal steady rise" price (and than collapse to some degree ofc!).