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Topic: $10,000 when? - page 31. (Read 51349 times)

hero member
Activity: 762
Merit: 500
July 23, 2014, 08:30:45 PM
by the end of this year BTC will reach 5000$ Wink
let`s hope for the best:D
hero member
Activity: 532
Merit: 500
Currently held as collateral by monbux
July 22, 2014, 12:32:36 PM
Some people are predicting 5k by the end of this year based on a book written by a doctor I don't know whether they doctor/writer has evidence or some sort of theory which is plausible or not because I have not read the book.
member
Activity: 70
Merit: 10
July 22, 2014, 10:26:48 AM

hey this thread is awesome, thanks for the advice.
This isn't advice.
This is all just speculation.

Exactly.
Everyone in this thread were just stating their own speculation without any concrete evidence or argument to support it.

My prediction is 15k in 2015, or it's what I hope...
hero member
Activity: 778
Merit: 1002
July 22, 2014, 09:46:15 AM
I think we can all agree, we'd love for it to happen, but it won't.


Now $1500 is a good goal.  $10,000 is a fantasy.

This statement is nothing new. Only the decimal place keeps moving...

Now $1.50 is a good goal.  $10 is a fantasy.
Now $15 is a good goal.  $100 is a fantasy.
Now $150 is a good goal.  $1000 is a fantasy.
Now $1500 is a good goal.  $10,000 is a fantasy.
Now $15,000 is a good goal.  $100,000 is a fantasy.
Now $150,000 is a good goal.  $1,000,000 is a fantasy.

We are now entering law of large number. It takes a lot more money to pump it up.

LLN applies to probability. Totally unrelated. Let me explain this as simple and irrefutable as possible.

Bitcoin is a technology. Here is the adoption curve for many major new technologies.



Now, apply the supply and demand model. Demand will be proportional to adoption. The difference between the price of a TV and the price of a bitcoin is that you can't increase the rate of new bitcoin production to outpace the increase in adoption. You can however, divide a bitcoin in to 100 million pieces, without reducing their ability to perform as designed. What does supply and demand say about scarcity?

Get the picture? Adoption = price. It's as simple as that.
hero member
Activity: 499
Merit: 500
July 22, 2014, 09:36:43 AM

hey this thread is awesome, thanks for the advice.
This isn't advice.
This is all just speculation.

Exactly.
Everyone in this thread were just stating their own speculation without any concrete evidence or argument to support it.
full member
Activity: 176
Merit: 100
July 22, 2014, 09:22:35 AM
I think we can all agree, we'd love for it to happen, but it won't.


Now $1500 is a good goal.  $10,000 is a fantasy.

This statement is nothing new. Only the decimal place keeps moving...

Now $1.50 is a good goal.  $10 is a fantasy.
Now $15 is a good goal.  $100 is a fantasy.
Now $150 is a good goal.  $1000 is a fantasy.
Now $1500 is a good goal.  $10,000 is a fantasy.
Now $15,000 is a good goal.  $100,000 is a fantasy.
Now $150,000 is a good goal.  $1,000,000 is a fantasy.

We are now entering law of large number. It takes a lot more money to pump it up.
hero member
Activity: 778
Merit: 1002
July 22, 2014, 09:05:26 AM
I think we can all agree, we'd love for it to happen, but it won't.


Now $1500 is a good goal.  $10,000 is a fantasy.

This statement is nothing new. Only the decimal place keeps moving...

Now $1.50 is a good goal.  $10 is a fantasy.
Now $15 is a good goal.  $100 is a fantasy.
Now $150 is a good goal.  $1000 is a fantasy.
Now $1500 is a good goal.  $10,000 is a fantasy.
Now $15,000 is a good goal.  $100,000 is a fantasy.
Now $150,000 is a good goal.  $1,000,000 is a fantasy.
legendary
Activity: 2674
Merit: 2965
Terminated.
July 22, 2014, 07:34:33 AM

hey this thread is awesome, thanks for the advice.
This isn't advice.
This is all just speculation.
newbie
Activity: 48
Merit: 0
July 22, 2014, 07:23:41 AM

hey this thread is awesome, thanks for the advice.
hero member
Activity: 798
Merit: 1000
LIR Dev. www.letitride.io
July 22, 2014, 07:11:19 AM
Hoping by the time bitcoin hits the mainstream in a year or so, it should be at least $10K if not more. Keep trying to convince my friends of investing in btc but a lot of them still don't understand it  Huh
full member
Activity: 196
Merit: 100
July 22, 2014, 06:46:00 AM


I think we can all agree, we'd love for it to happen, but it won't.


Now $1500 is a good goal.  $10,000 is a fantasy.
member
Activity: 70
Merit: 10
July 21, 2014, 05:43:24 PM
$10K looks like impossible, even just to reach $1000 It's very difficult.
If we are aiming towards full adoption then it's not impossible, it's a necessity.

$1000 isn't very difficult, it's very likely, just look at the charts of the last years and predict where we are going.
member
Activity: 69
Merit: 10
July 21, 2014, 05:32:03 PM
$10K looks like impossible, even just to reach $1000 It's very difficult.
If we are aiming towards full adoption then it's not impossible, it's a necessity.
hero member
Activity: 614
Merit: 500
July 21, 2014, 03:32:26 AM
$10K looks like impossible, even just to reach $1000 It's very difficult.

I wouldn't be so sure after reading all those early speculation threads. Wink
True that it may not be easy to hit 10K soon, but with more people using and accepting bitcoin, it would reach the target IMHO.
hero member
Activity: 784
Merit: 500
DeFixy.com - The future of Decentralization
July 20, 2014, 03:42:00 PM
$10K looks like impossible, even just to reach $1000 It's very difficult.
legendary
Activity: 1078
Merit: 1441
July 20, 2014, 03:21:48 PM
Sooner than most think.....
hero member
Activity: 588
Merit: 500
Get ready for PrimeDice Sig Campaign!
July 20, 2014, 10:21:08 AM
Once the big companies start stepping in, and it has already started (dell.com, tigerdirect.com, and ebay/paypal has been talking about bitcoin), we will need an increase in the market cap, so I am predicting that it will happen (a massive increase) maybe by christmas this year
hero member
Activity: 868
Merit: 1000
July 20, 2014, 04:45:45 AM
I guess when employees of bigger corporations will get option to get paid in BTC. Hard to imagine this will happen any time soon though...

Nah, I don't think that will be the catalyst. I think it will be the investment funds. Once their initial supply gets bought up, they are going to buy up all the off-exchange coins.

And then I think less and less coins will make their way to exchanges. And then....

Even if the Wall Street guys put just a tiny portion of their money into bitcoin, it will already have a huge impact on bitcoin price as bitcoin total market cap is just 8 billion at this moment.
legendary
Activity: 1036
Merit: 1000
Thug for life!
July 20, 2014, 03:44:12 AM
I guess when employees of bigger corporations will get option to get paid in BTC. Hard to imagine this will happen any time soon though...

Nah, I don't think that will be the catalyst. I think it will be the investment funds. Once their initial supply gets bought up, they are going to buy up all the off-exchange coins.

And then I think less and less coins will make their way to exchanges. And then....
legendary
Activity: 1526
Merit: 1001
July 20, 2014, 03:36:36 AM
I guess when employees of bigger corporations will get option to get paid in BTC. Hard to imagine this will happen any time soon though...
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