Topic: $10,000 when? - page 51. (Read 51349 times)
Until chinese peeps don't buy heck a lot i'll never reach 10$K
Let's forget about 10k, first think of 1k, unless china into the game, don't expect that it will hit so soon.
Forget the $1m & $100,000 predictions, what's everyone's opinion on when bitcoin will hit $10,000?
Forget about 10k..! hitting the 1k$ mark again should be the point of discussion. 
When 1 burger meal will cost 100$, bitcoin will be 10.000$ worth. How many more of senseless threads like this we need? Op, did you expect here are few fortune-teller or diviner?
You need at least 4 years. Unless there is another thing that beats ASIC mining race.
Not for several years at least if ever
Probably tomorrow? Maybe next year? Or maybe 2080? Or never?
Sorry, but probably no one can answer this unless you have a time machine
Sorry, but probably no one can answer this unless you have a time machine
I am just waiting for it to move a step by step, the $700-$800-$900-$1000 each on their own is the milestones that should be discussed IMO.
I do not think 10,000 is a possibility. By the time some form of digital currency comes along where it will be worth that bitcoin will have been replaced by something better. A thousand or 2 I feel is the market cap.
It will happen when some rich person decides to buy all of your bitcoins and mine the rest them sell them back at extremely inflated prices because the demand will be high and supply will be at a near zero. Imagine that. Bitcoin is only around 450 dollars at the moment. Someone rich enough could buy all of the bitcoins for a little under 10 billion (assuming all 21,000,000 bitcoins are mined). At that point, he can manipulate the hell out of the market. If he were to sell possibly a million of the coins before the price starts going down due to saturation, he'd make back all the money he spent on all the bitcoins. He could sell maybe another 10 million for maybe 2000-5000 a pop.
All in all, in my opinion, this will be the only way the price would ever reach that high. It is like you owning a small piece in the company through stocks. The market is full of manipulations due to media coverage and lies many of the times. Those are associated as pump and dumps which is exactly what would happen with a person owning so much bitcoin. They hype you up, get you to invest in it, and then they dump, liquidate, and file for bankruptcy and run with the money. Simple as that.
All in all, in my opinion, this will be the only way the price would ever reach that high. It is like you owning a small piece in the company through stocks. The market is full of manipulations due to media coverage and lies many of the times. Those are associated as pump and dumps which is exactly what would happen with a person owning so much bitcoin. They hype you up, get you to invest in it, and then they dump, liquidate, and file for bankruptcy and run with the money. Simple as that.
End 2015/early 2016
Also possibly never
Also possibly never
Around mass adoption of HUGE companies, not giving a date because idk when that will ever be. If amazon started accepting.... That be huge.
Probably never.
Forget the $1m & $100,000 predictions, what's everyone's opinion on when bitcoin will hit $10,000?
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