As rpietila said, we are at the bottom and in my opinion a long and fast rise will start earlier than most people thinks.
We don't want it to go up to quickly that would pretty much end badly we need gradual increases in price.
Topic: $10,000 when? - page 24. (Read 51349 times)
We don't want it to go up to quickly that would pretty much end badly we need gradual increases in price.
As rpietila said, we are at the bottom and in my opinion a long and fast rise will start earlier than most people thinks.
When some big company (eg. Amazon) starts accepting bitcoin.
Amazon had a revenue of $74 Billion in 2013 and Dell was $56 Billion.
Dell is NOT small. Dell already started accepting Bitcoins and it didn't make any impact on BTC price.
Looks like Dell cashed out their BTC. I am pretty sure they held onto them initially, but now looking at the BTC market, this crash appears to be because a lot of people are cashing out to Fiat. also heard of some $1.4 million deal on some property in the US. I am sure the folks who accepted that huge amount in BTC wanted to get their hands on Fiat ASAP.
I believe Dell use Coinbase to sell the bitcoin right after receiving the payment, instead of holding the bitcoin.
https://coinbase.com/merchants
Quote
When a sale is made, you can instantly sell the bitcoin received to Coinbase to avoid exposure to bitcoin volatility.
probably next 2 years. Let's forget about 10k, for now let first think about 1k.
Finally someone being realistic we don't want it to go to 10k any time soon it would destroy Bitcoin because we haven't achieved mass adoption and haven't mined enough yet.
Not in this year, it seems.
The recent fall makes the 1000 region almost a miracle for this year
The recent fall makes the 1000 region almost a miracle for this year
In the next 3 to 5 years.
Tho I hope it happens sooner.
Tho I hope it happens sooner.
May be in 2020, when there would probably be hyperinflation.
The world is changing so fast, that is very hard to predict what will be in 2020.
May be in 2020, when there would probably be hyperinflation.
When some big company (eg. Amazon) starts accepting bitcoin.
Amazon had a revenue of $74 Billion in 2013 and Dell was $56 Billion.
Dell is NOT small. Dell already started accepting Bitcoins and it didn't make any impact on BTC price.
Looks like Dell cashed out their BTC. I am pretty sure they held onto them initially, but now looking at the BTC market, this crash appears to be because a lot of people are cashing out to Fiat. also heard of some $1.4 million deal on some property in the US. I am sure the folks who accepted that huge amount in BTC wanted to get their hands on Fiat ASAP.
my guess are traders. when you see spikes up or down, you can be sure by 51% its the effect of margin calls, stop or limit. alot of my swaps were closed at region 499-480. businesses usually dont speculate and dont sell at once their btc. they would just lose too much.
Forget the $1m & $100,000 predictions, what's everyone's opinion on when bitcoin will hit $10,000?
when one liter milk will cost $200? with the inflationrate of 3% it will need something like 180 years.
When some big company (eg. Amazon) starts accepting bitcoin.
Amazon had a revenue of $74 Billion in 2013 and Dell was $56 Billion.
Dell is NOT small. Dell already started accepting Bitcoins and it didn't make any impact on BTC price.
Looks like Dell cashed out their BTC. I am pretty sure they held onto them initially, but now looking at the BTC market, this crash appears to be because a lot of people are cashing out to Fiat. also heard of some $1.4 million deal on some property in the US. I am sure the folks who accepted that huge amount in BTC wanted to get their hands on Fiat ASAP.
It will be in 2015/2016 don't get your hopes up for this year.
if the price is that much tread I think a lot of risk
especially if bitcoin already started easily in search
especially if bitcoin already started easily in search
If? The adoption is still really low and it can hit big numbers in the next years, the question is when.
The question is If, not when. There is no proof that it will not crash and it is nothing much different than the stock market. If we all knew it would take off we would all be millionaires...right?
True. It is not a certainty that bitcoin will get mass adoption, world domination and the price goes up 100 times.
But most of the people here on bitcointalk expect these events to happen for sure.
probably next 2 years. Let's forget about 10k, for now let first think about 1k.
10k would make me very happy. Im hopping for next 5 years when it starts mainstream adoption.
If? The adoption is still really low and it can hit big numbers in the next years, the question is when.
The question is If, not when. There is no proof that it will not crash and it is nothing much different than the stock market. If we all knew it would take off we would all be millionaires...right?
If? The adoption is still really low and it can hit big numbers in the next years, the question is when.
The question is If, not when. There is no proof that it will not crash and it is nothing much different than the stock market. If we all knew it would take off we would all be millionaires...right?
If? The adoption is still really low and it can hit big numbers in the next years, the question is when.
Why is everyone so certain it will reach 10,000? If shouldn't just be a question of when, but also IF
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