$10,000 when? - page 2. | Bitcointalksearch.org

asdlolciterquit

hero member

Activity: 1666

Merit: 565

Quote from: molecular on December 30, 2014, 05:29:00 AM

Quote from: leex1528 on December 29, 2014, 01:02:08 PM

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94.

It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time.

you say right, probably , that's the important word!

picolo

hero member

Activity: 1022

Merit: 500

Quote from: molecular on December 30, 2014, 05:29:00 AM

Quote from: leex1528 on December 29, 2014, 01:02:08 PM

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94.

It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time.

The volatility is very high and the 3600 new BTC mined everyday doesn't help support a price when the sentiment is very negative.

yrask

full member

Activity: 153

Merit: 100

Quote from: molecular on December 30, 2014, 06:09:52 AM

Quote from: jertsy on December 30, 2014, 05:41:49 AM

Quote from: molecular on December 30, 2014, 05:29:00 AM

Quote from: leex1528 on December 29, 2014, 01:02:08 PM

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94.

It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time.

In 2011 it hit bottom far faster then slowly started climbing. This year it took far longer to reach the current low point and if there are lower lows to come it will have been going down for over a year. The current cycle seems much slower than the 2011 one.

Yes, there are way more market participants and everything is bigger, so things move slower. That's how I see it, too. Where does it put us regarding a recovery above $1200 (maybe even $10k)? My best bet is that 2015 will look like 2012 (generally sideways) and we'll see a rocket in 2016, which incidentally is the year of the next halfing. (But I would be pleasantly surprised and have no objections if we break out 2015.) If 2016 doesn't bring prices well above 1200, paint me worried.

Every point of your view is in agree with mine. Think the your same thing. But no one can know what will happen, so if you trust in this technology go next, if you not trust withdrawal your money and don't think what will happen.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: jertsy on December 30, 2014, 05:41:49 AM

Quote from: molecular on December 30, 2014, 05:29:00 AM

Quote from: leex1528 on December 29, 2014, 01:02:08 PM

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94.

It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time.

In 2011 it hit bottom far faster then slowly started climbing. This year it took far longer to reach the current low point and if there are lower lows to come it will have been going down for over a year. The current cycle seems much slower than the 2011 one.

Yes, there are way more market participants and everything is bigger, so things move slower. That's how I see it, too. Where does it put us regarding a recovery above $1200 (maybe even $10k)? My best bet is that 2015 will look like 2012 (generally sideways) and we'll see a rocket in 2016, which incidentally is the year of the next halfing. (But I would be pleasantly surprised and have no objections if we break out 2015.) If 2016 doesn't bring prices well above 1200, paint me worried.

jertsy

sr. member

Activity: 341

Merit: 250

Quote from: molecular on December 30, 2014, 05:29:00 AM

Quote from: leex1528 on December 29, 2014, 01:02:08 PM

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94.

It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time.

In 2011 it hit bottom far faster then slowly started climbing. This year it took far longer to reach the current low point and if there are lower lows to come it will have been going down for over a year. The current cycle seems much slower than the 2011 one.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: leex1528 on December 29, 2014, 01:02:08 PM

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

Dude, Bitcoin price went from $32 to $2.5 in 2011. That's the same as going from $1200 to $94.

It looked like it was failing to many people back then. Yet it wasn't, it was just a correction. Bitcoin does this and it will probably continue doing so for some time.

Mieehayii

hero member

Activity: 490

Merit: 500

Now is not the opportunity to discuss this. Firstly, stabilize the polisario of $300

Silverspoon

member

Activity: 112

Merit: 10

Quote from: picolo on December 29, 2014, 01:53:37 PM

3600 new bitcoins are created everyday and the price we had a year ago was apparently not sustainable

Just a touch, yep.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: leex1528 on December 29, 2014, 01:02:08 PM

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

On January 1st 2014 the price was about 800$ not 1200$

Going from 800$ to 320$ doesn't mean it's failing! 3600 new bitcoins are created everyday and the price we had a year ago was apparently not sustainable

Paashaas

legendary

Activity: 3512

Merit: 4557

$10.000 within 5 years.

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: picolo on December 29, 2014, 12:18:08 PM

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

It lost quite a bit of value in one year actually. It went from 1200 to 300 in 1 year. It has consistently gone down this year too, with a few spikes here and there, but the trend has been downward since January. Of course I don't want it to fail, but if it looks like it is, I am going to say, it looks like it is failing.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

It loses some value during one year and you don't believe anymore. Please sell your coins to someone with a bit more belief.

oblivi

hero member

Activity: 700

Merit: 501

Quote from: leex1528 on December 27, 2014, 11:30:57 PM

Unfortunately 10,000 will never happen. It had high hopes to begin with but it looks like it is finally going to crash:(

Dude it's not going to crash. And a crash only means more cheap Bitcoins for people like me who are in the long long long run (10+ year). We'll see who wins at the end.

Silverspoon

member

Activity: 112

Merit: 10

Quote from: asdlolciterquit on December 29, 2014, 10:14:42 AM

if you believe in math, here's your answer-->22-11-2017

Look at this thread-->https://bitcointalksearch.org/topic/logarithmic-non-linear-regression-bitcoin-estimated-value-831547

That's not math, that's called making silly assumptions and curve fitting. The curve fits very poorly, BTW, even when plotted over log scale.

asdlolciterquit

hero member

Activity: 1666

Merit: 565

if you believe in math, here's your answer-->22-11-2017

Look at this thread-->https://bitcointalksearch.org/topic/logarithmic-non-linear-regression-bitcoin-estimated-value-831547

Denker

legendary

Activity: 1442

Merit: 1016

First of all adoption of Bitcoin is growing. More and more bigger and smaller companies recognized bitcoin, take it serious and give it a try. So from these poit of view it looks much better than 12 months ago.
The actual price shouldn't be so important right now as long as you believe in the technology. Think long term

Any idea how long it took for the mp3 data format from being invented to used in mainstream to make the break through?
If not do some research and you may be surprised how much breath you might need.So relax and BE PATIENT.

I believe in the success of blockchain technology. And for Bitcoin it might happen or not. And if not it will be replaced by another coin.
As I read here somewhere in the forum: google was not the first search engine, iphone was not the first smart phone etc.!!

Keep your eyes open for new things and companies which might use blockchain technology in the next years. Companies who offer apps or services on top of a blockchain. There will be so many inventions the next years we may not think about right now.
As I said I'm sure that blockchain technology will 100% go mainstream. And if Bitcoin will make it I don't know, I hope so. But I recommend to open your eyes also for the one or other additional coin.

sandykho47

sr. member

Activity: 252

Merit: 251

Knowledge its everything

Before you realize it Cool

bitkanu

hero member

Activity: 2184

Merit: 513

Moonbet.io | Web3 Casino

Quote from: giletto on December 28, 2014, 10:31:18 PM

Quote from: brg444 on December 28, 2014, 01:25:48 PM

Bitcoin can very well reach 10k just by being adopted as an asset class the likes of gold.

You can't compare Bitcoin and Gold. Bitcoin is invented as a payment method, Gold is in many case different. Some People want to show gold jewelry, its needed by industry, its ofc even a investment. But its not a payment method anymore. How much of this characteristics you can adopt to Bitcoin?

Completely different. Bitcoin will never reach the class of Gold.

To make Bitcoin more atractive and often used with a bigger crowd it need to be more stable first. A Price of 300-320$ for few Year would be helpful, to get more Investor atraction. There is no reason to buy and keep Bitcoin like Gold for wait the Price raise. You guys should use it for what it is invented, to pay for goods, for expenses! Otherwise it will be a niche Nerd thing which never will reach the crowd.

you are right we guys need to focus on stability of BTC first and we can say this is our duty to use it more and more into the market ! don't take it like investment Means purchase and hold for few year you will get good profit ! Try to spend this into market with people make it stable method of payment into the world

giletto

sr. member

Activity: 812

Merit: 250

Quote from: brg444 on December 28, 2014, 01:25:48 PM

Bitcoin can very well reach 10k just by being adopted as an asset class the likes of gold.

You can't compare Bitcoin and Gold. Bitcoin is invented as a payment method, Gold is in many case different. Some People want to show gold jewelry, its needed by industry, its ofc even a investment. But its not a payment method anymore. How much of this characteristics you can adopt to Bitcoin?

Completely different. Bitcoin will never reach the class of Gold.

To make Bitcoin more atractive and often used with a bigger crowd it need to be more stable first. A Price of 300-320$ for few Year would be helpful, to get more Investor atraction. There is no reason to buy and keep Bitcoin like Gold for wait the Price raise. You guys should use it for what it is invented, to pay for goods, for expenses! Otherwise it will be a niche Nerd thing which never will reach the crowd.

inca

legendary

Activity: 1176

Merit: 1000

Quote from: brg444 on December 28, 2014, 01:25:48 PM

Bitcoin can very well reach 10k just by being adopted as an asset class the likes of gold.

It surely can. Although I still think of bitcoin as a modern day gold, but one with incredible potential currency utility far outstripping what is possible with fiat currency presently.

As long as the network and protocol survive whilst the utility of bitcoin rises, then barring a usurper (which should be obvious in it's ascendancy), bitcoin should gradually fill the role of sound money and digital gold.

If you forget the price for a moment then bitcoin remains an incredibly exciting project, even six years in. It just has to exist and be useful.

Topic: $10,000 when? - page 2. (Read 51349 times)