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Topic: $10,000 per Bitcoin ??? - page 9. (Read 13138 times)

sr. member
Activity: 350
Merit: 250
April 25, 2016, 09:16:01 AM
The chance that it will reach that value is really small and especially around this time because the value is keeping stable for a long time and that is quite bad for the most people.
We all want to make some profit with Bitcoin but it can takes a long time.
hero member
Activity: 770
Merit: 500
Forza Roma
April 25, 2016, 05:30:11 AM
Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..


$10,000 is the price for 2025. The price will rise slower when the market cap grows. At $10,000, the mc is 210 billion.

It is possible for the bitcoin price to double every year, so in 2022, it is 64 times of present value, or $25,000.

Everything is possible but does it happen? No
So no it won't happen. Nor the 10k nor the doubling every year. Wen you making predictions. make sure to analyze them
hero member
Activity: 644
Merit: 503
April 25, 2016, 04:58:25 AM
Tim Draper says bitcoin will hit $10,000 each within 3 years, check out the video:

http://chatwing.com/BITCOINVIDEOS

What do you think the price of bitcoin will be in 3 years?
I personally do not think it will be that high. And is the price being that high really a good thing because people will never be able to buy coins anymore if the price is that high, at least I don't.

How? Why?

You have, as an example, $1000. BTC/USD is $1, you buy $1000's worth of BTC (yielding 1000 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

Alternatively, BTC/USD is $10,000, you buy $1000's worth of BTC (yielding 0.1 BTC), BTC/USD rises 5% - you make 5% (i.e. $50).

What's the magic price at which people are somehow mysteriously unable to buy BTC? 1 BTC is subdivided into 100,000,000 smaller parts ("satoshis"). The cost of one satoshi right now is vanishingly small. Wake me up when 1 satoshi is over $1000 - then we can talk about unaffordability. Until then this "unaffordable coins" nonsense is just nonsense.
sr. member
Activity: 308
Merit: 250
April 25, 2016, 04:45:30 AM
Tim Draper says bitcoin will hit $10,000 each within 3 years, check out the video:

http://chatwing.com/BITCOINVIDEOS

What do you think the price of bitcoin will be in 3 years?
I personally do not think it will be that high. And is the price being that high really a good thing because people will never be able to buy coins anymore if the price is that high, at least I don't.
newbie
Activity: 33
Merit: 0
April 25, 2016, 04:31:32 AM
Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..


$10,000 is the price for 2025. The price will rise slower when the market cap grows. At $10,000, the mc is 210 billion.

It is possible for the bitcoin price to double every year, so in 2022, it is 64 times of present value, or $25,000.
newbie
Activity: 47
Merit: 0
April 21, 2016, 06:27:58 AM
Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..


$10,000 is the price for 2025. The price will rise slower when the market cap grows. At $10,000, the mc is 210 billion.
hero member
Activity: 2310
Merit: 532
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April 04, 2016, 11:15:55 PM
I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.

Good thing it's divisible so you can buy any amount you can afford.

Bitcoin reaching $10000 is highly imaginary. Really bitcoin divisible to any of the smallest portion is a added advantage for the bitcoin users to make purchase based on requirement and affordability.
sr. member
Activity: 266
Merit: 250
April 04, 2016, 10:26:37 AM
Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.

$10,000 per bitcoin is still far from happening right now, even if someone would manipulate it, $10,000 right now or in the coming months is still unreasonable...Even after 2020 that price is still far from happening..But who knows, the price movement is very unpredictable..



newbie
Activity: 42
Merit: 0
April 04, 2016, 07:35:07 AM
Well, I not entirely sure, but I think it all depends on how much major Bitcoin "banks" are selling a bitcoin for, the supply and demand and the difficulty mining.
legendary
Activity: 896
Merit: 1000
April 04, 2016, 07:16:23 AM
I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.

Good thing it's divisible so you can buy any amount you can afford.

that's right. many people directly start to think that when bitcoin reaches a very high price level that people can't afford to buy bitcoin anymore. but that's not true. you can still buy bitcoin with low amounts. even if the price reaches $100,000 at some point.
hero member
Activity: 588
Merit: 500
April 04, 2016, 06:41:18 AM
I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.

Good thing it's divisible so you can buy any amount you can afford.
legendary
Activity: 1946
Merit: 1137
April 04, 2016, 05:42:48 AM
I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.

It will definitely not happen within 5 years. I don't even think this will happen within 10 years (if ever). We need the price to rise gradually so we can sustain any price above the current price level for a long period of time. Slow growth is always better than seeing peaks make new highs. Peaks don't last.

nothing is certain with bitcoin, but for reaching $10,000 per bitcoin, it needs to go mainstream first and maybe some of the biggest financial corporations start investing in it, or even entering wall-street might be able to push it that high.
hero member
Activity: 770
Merit: 500
Forza Roma
April 04, 2016, 05:38:01 AM
The 10000 dollar is maybe possible in a couple years or something, but it will be very difficult for the bitcoin to achieve this of course.
I do not consider it as impossible because the bitcoin is of course unpredictable so its possible most likely.
sr. member
Activity: 336
Merit: 250
April 04, 2016, 05:23:43 AM
I doubt that it will reach $10,000 any time soon. If it would hit $10,000 would it really be good for the Bitcoin community? If bitcoin would opparate in the thousands it would not be really good because not everyone would be able to afford that.
hero member
Activity: 896
Merit: 1000
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April 04, 2016, 04:29:34 AM
I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.
Indeed, 10000 dollar is just too much for the bitcoin in my opinion, I also think its unrealistic, the bitcoin has of course a good future but the halving maybe not even let the price rise and its also that the bitcoin still has to proof this year.
Overall I think 5000 dollar is the maximum what the bitcoin can reach in the next 5 years honestly.
legendary
Activity: 2170
Merit: 1427
April 04, 2016, 04:07:52 AM
I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.

It will definitely not happen within 5 years. I don't even think this will happen within 10 years (if ever). We need the price to rise gradually so we can sustain any price above the current price level for a long period of time. Slow growth is always better than seeing peaks make new highs. Peaks don't last.
sr. member
Activity: 364
Merit: 250
April 04, 2016, 03:37:15 AM
I do not see this happen this year or the next 5 years honestly because the bitcoin is now to small and I even think the bitcoin is good but not so good, I think 10000 dollar is just unrealistic right now.
The fact is also that its of course not to predict but the price is now around 400 dollar, I do not see this rise to such a high price in the upcoming years.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
April 04, 2016, 03:07:27 AM
10k on 2020 maybe ?

or next year .. will be good for me  Cool Cool

seeing the price reach the $10,000 level is good for all people, but for this to happen next year, that's quite impossible in reality. 
Of course it will be very good for all of us if Bitcoin is going to hit $10.000, but I am for sure that it will not happen.
It needs take a long time if that is going to happen, you can already see that the value is not rising that fast now.

With the price movement right now, and the halving is the only hope to pump the price to a higher lever, I don't  think that it is possible to reach $10k before 2020 or even after that...
legendary
Activity: 1232
Merit: 1091
April 03, 2016, 02:22:16 PM
10k on 2020 maybe ?

or next year .. will be good for me  Cool Cool

seeing the price reach the $10,000 level is good for all people, but for this to happen next year, that's quite impossible in reality. 
Of course it will be very good for all of us if Bitcoin is going to hit $10.000, but I am for sure that it will not happen.
It needs take a long time if that is going to happen, you can already see that the value is not rising that fast now.

The market cap of Bitcoin is already $6 billion. It means for the price to double, $6bn more money has to flow into it.

You clearly don't understand how markets work. The current market cap being over $6 billion doesn't mean you need another $6 billion to double the price/market cap. I am sure that you can double the market cap with only $300 million in fiat funds.
newbie
Activity: 33
Merit: 0
April 03, 2016, 02:01:33 PM
10k on 2020 maybe ?

or next year .. will be good for me  Cool Cool

seeing the price reach the $10,000 level is good for all people, but for this to happen next year, that's quite impossible in reality. 
Of course it will be very good for all of us if Bitcoin is going to hit $10.000, but I am for sure that it will not happen.
It needs take a long time if that is going to happen, you can already see that the value is not rising that fast now.

The market cap of Bitcoin is already $6 billion. It means for the price to double, $6bn more money has to flow into it.
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