$10,000 per bitcoin - page 6. | Bitcointalksearch.org

CrownPolly

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Quote from: batang_bitcoin on June 25, 2017, 10:30:50 AM

Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

India did already declared that bitcoin is legal to them and that's a very good news for the crypto market. Considering the next big country to adopt bitcoin is Australia and for sure there will be a lot of people that is going to like this adoption. Since Australia is one of the richest country in the world and Australians aren't that poor.

As for Australia, you are really right, I happen to be amazed at this, I remember how this country developed and who were the first settlers.

batang_bitcoin

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Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

India did already declared that bitcoin is legal to them and that's a very good news for the crypto market. Considering the next big country to adopt bitcoin is Australia and for sure there will be a lot of people that is going to like this adoption. Since Australia is one of the richest country in the world and Australians aren't that poor.

CryptoPro3

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$10,000 per BTC by August 1, 2018

jc89

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Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

Definitely. There will be a point in time where Bitcoin will definitely reach the 10,000 USD price mark. But despite of the acceptance and legalization of some countries, we still need more acceptance if we want to cross the target price. And with the fast growth it will not be very long now and we will see Bitcoin to reach the price of 10,000 USD per Bitcoin.

pereira4

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Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

We hit $3000 before a lot of people, if not most people, didn't expect it, so I don't see why $10000 isn't possible before again, most people expect it to be hitted.

Bitcoin grows in exponential cycles, so most people aren't ready to process those big numbers. A lot of people still can't believe we hit $3000 recently, the market is processing it, after it's clear that this is the new floor, $5000 is on sight and then $10000... and then nuclear reaction kicks in and you see $100000+

ekin4

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It will happen at some time but we never know the exact time for sure. It would happen in 3 years or 10 years. One thing is certain that we'll see 10.000 $ per coin.
I don't think countries have big effects on that. The more people come to crypto currency scene the more money bring in, better marketcap for the industry. We don't rely on countries or governments, we rely on people. More people equal bigger marketcap, obviously.

1Referee

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Quote from: DrGuns4Hands on June 24, 2017, 05:11:03 PM

but who knows what if all countries legalized the bitcoin maybe we can hit that price within 1 year

Legalizing Bitcoin as country is one thing, contributing to Bitcoin's growth as country is completely different. Japan has been a great source of growth for Bitcoin, but that doesn't mean this will automatically happen with each country that walks the same path. If we're talking about things that potentially may bring a decent bit of growth to Bitcoin, I would have preferred to see an ETF, as this will open the doors for institutional investors. I still find it weird that the ETF review hasn't been finalized yet. Lips sealed

DrGuns4Hands

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okay here's the thing we are currently hardly hit $3000 as you can see bitcoin is around $2500-2700 so if you're going to think when will bitcoin hit $10k maybe 2 years from now we can see that price. but who knows what if all countries legalized the bitcoin maybe we can hit that price within 1 year

Taskford

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Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

Nah, I don't think so.
This is so unrealistic, if we can see $3000 just by the 3rd quarter and $5000 by the end of the year I think it can be happen.
But for what happening right now, it could be just so impossible. There's so many issues are popping as August 1 is approaching.
Bitcoin has a long way to go.
Maybe by 2022 or afterwards this dream of yours can be happen but not this time.
Of course, we're all dreaming a sky rocket price for our btc investment but let's us all being realistic.

magneto

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Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

Countries legalizing bitcoin is a good thing, however it's not really making that much of a difference.

Take Australia for example, bitcoin trading was already legal anyways. All that has been done right now is the fact that GST(the australian equivalent of VAT) is being taken off from bitcoin purchases. This means that there is no "double taxing", because you'd have to pay another GST when you are buying something with your bitocin initially.

What we need is countries that can loosen their grip on the bitocin industry. A very good example is China. Give exchanges some sort of guideline as to how they should run, but don't go so far that it discourages everyone to use btc.

Slow death

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Quote from: unamis76 on June 23, 2017, 11:07:39 AM

Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

Yet again... It's been happening very frequently recently around here, can you post sources to backup your post?

Maybe you mean that double taxation will end in Australia?

Regarding India, maybe you mean this?

OP correct the thread, the true information has already been given

Sooner or later bitcoin will be worth $10.000, just do not expect it to happen this year... because I doubt bitcoin will reach $6000 that year.

The maximum I think bitcoin can reach in this year will be $4000

naidray

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Quote from: White sugar on June 23, 2017, 04:35:02 PM

Don't forget that Poloniex may collapse in the meanwhile and cause a bear market

Please come out of mt-cox era. We are not just depending on one or two exchanges for our all needs. There are plenty of choices to trade/invest/exchange hence any hacking attempts or shut down of any exchange will not impact bitcoin prices significantly. I believe poloniex is stronger with latest updates, in worst case even it will be falling, there will not be any big impact with bitcoins prices for sure.

White sugar

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Don't forget that Poloniex may collapse in the meanwhile and cause a bear market

BTC-BTC-BTC

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It will happen in one day and hope it will happen sooner than later.

25hashcoin

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10k bitcoin into next year easily as long as Core doesn't try to fuck things up.

Victorycoin

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Quote from: MadGamer on June 23, 2017, 10:08:40 AM

10,000$ is not impossible to achieve but when? I don't think we will see it anytime soon, we are currently finding hard times to go to 3000$ so 10k is a little bit unrealistic at the moment. Bitcoin regulation could definitely boost the price a little bit but we will never have a lot of demand until people know for sure that their money is safe, this is only achievable by putting the bitcoin scaling proposals behind us,"chain split" isn't something someone would like to read.

I quite agree with you, Bitcoin is not lacking in potentials to attain even $250,000 a piece in the long run, but the scaling problem need be addressed in the short run for confidence to be fully restored and stimulate the demand for Bitcoin. My only fear is that Bitcoin might end up its own true enemy if something is not done fast to reach a compromise between core and unlimited. Beyond that Bitcoin remains the coin to beat.

bamboylee

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Quote from: hardtime on June 23, 2017, 12:55:37 PM

If this coin gets anymore volatile, people are just going to think of it as a pump and dump, or scam shit, we have to get the volatility down so people actually join in on this.

Since the beginning it was already labeled as scam or shit but it survived and even reaching this high. I think that will not be a problem. The real problem is the scaling which I hope will be solved by segwit2x or bip 148, which ever pushed through.

Dudeperfect

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Quote from: haroldtee on June 23, 2017, 10:41:25 AM

Quote from: Dudeperfect on June 23, 2017, 10:29:18 AM

I strongly believe that bitcoin is worth $10K at this moment and it is undervalued but I also notice the increasing transaction fees, delayed confirmations & the volatility in the price are the main reasons of bitcoin's slow growth. Everyone out there is excited about bitcoin but not all of them are as risk takers and enthusiastic like us so they will probably enter in bitcoin when we will find the solution to these issues. I am sure a couple of years is the maximum time frame for this milestone.

I kinda agree with you. The huge civil war and scaling challenge going on could probably be one of the reasons why bitcoin ain't really targeting the moon yet. All these are challenges that would pass anyway and I am sure one day, we will look back and say it was worth it. However it is, we willl survive it but with what OP said, I ain't sure $10,000 is feasible anytime soon.

Considering the past performance, current user base, the potential of the technology and the need of an hour, I think $10K mark should not be far away. However, I respect the situation and market reactions that are restricting Bitcoin to float around $3K.

Quote from: youdacapt on June 23, 2017, 10:50:47 AM

Quote from: Dudeperfect on June 23, 2017, 10:29:18 AM

I strongly believe that bitcoin is worth $10K at this moment and it is undervalued but I also notice the increasing transaction fees, delayed confirmations & the volatility in the price are the main reasons of bitcoin's slow growth. Everyone out there is excited about bitcoin but not all of them are as risk takers and enthusiastic like us so they will probably enter in bitcoin when we will find the solution to these issues. I am sure a couple of years is the maximum time frame for this milestone.

High fees and slow management of blocksize are still the main reasons why bitcoin prices are still slowing. But I am sure it will be resolved by the end of this year. Bitcoin can go straight up but there are worries about high prices then it will not be balanced with ongoing business, the need to impose prices will always happen but cannot be too drastic, I think the current price is ideal, the next wave will occur at the end of this year.

Yes, I am optimistic about the future and we are on the same page that soon we would be able to control these issues which would directly impact not only the user base but also the price chart in a very positive way.

FasTroy

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Quote from: sumit513 on June 23, 2017, 10:02:43 AM

I think we are going to spend $10,000 per bitcoin sooner than we thought because more countries are legalizing bitcoin. Australia is going to do it on July 1st, India is on its way. What do you think?

I Exactly think like you, After few months or maybe few years bitcoin will be more powerful and maybe it will attract a big revolution in the world of technology. It's one of valuable things when we talk about money and wealth.
So don't panic and sell your bitcoin, bitcoin price will increase a lot soon. So save it is the best option to make a huge profit in the future.

hardtime

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Yall people who think this whole 'to the moon' thing is really going to happen are really an insane breed of human which I'm really not keen on understanding. I'd hope that you'd simply know that buyers now have to want to buy it at that price, and all the sellers have to be determined to be doing that as well. Pretty insane to think of a buy wall at 50,000 for a currency that is having issues right now simply deciding on something that can fix their congestion issue and get them to a point where they'll be able to be pushed to be used by more and more people.

If this coin gets anymore volatile, people are just going to think of it as a pump and dump, or scam shit, we have to get the volatility down so people actually join in on this.

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