Topic: $10K by the end of 2016 (Read 3120 times)
Yesterday we said tomorrow, when is this rise going to happen? Dreams do come true, all we have to do is JUST DO IT!
do you guys think it is possible? 
Possible, yes, probability VERY low... With all the forces at work trying to disrupt the protocol, even from within the crypto communities trying to drive down bitcoin to promote their own shitcoin, it looks grim in my opinion.... Not evne talking about the banking cartels...
do you guys think it is possible?
I'm not sure, I'm a pessimist but it's be amazing if we could get anywhere near 10k per coin by the end of 2016. It'd make my life, I think I'd break down with tears of joy. I'm unsure if 10k is a bit too optimistic that soon though. I'd be happy to be on 1000 USD by the end of 2016, that'd be acceptable.
The only thing that can be write without hesitation and for sure is: everything is possible. Especially for the bitcoin.
But can be write even that no one can predict if this can be happen. There are no possibilities to make someone the finder of such prediction. To arrive at one prediction needed data to analyse; data that can help in such direction. For the price of bitcoin these data simply don't exists. The volatility and the freedom are the two main data that were emerged from the beginning of the bitcoin as a currency. Both don't give the possibility to find if this prediction will be true.
But can be write even that no one can predict if this can be happen. There are no possibilities to make someone the finder of such prediction. To arrive at one prediction needed data to analyse; data that can help in such direction. For the price of bitcoin these data simply don't exists. The volatility and the freedom are the two main data that were emerged from the beginning of the bitcoin as a currency. Both don't give the possibility to find if this prediction will be true.
A bubble peak of >$10k is possible, although unlikely. Sustained price above $10k is not possible in this time frame, if ever. Would need a very different kind of economy.
even I usually like similar bullish threads with mathematical calculations, graphs and complex equations, this can't really happen within 18 months. only if will happen something like:
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
We don't really need any sort of super impossible scenareo for it to happen IMO. All it takes is a couple of whales feeling like they are missing a very obvious boat and getting in causing a huge price surge. Consider that the marketcap of Bitcoin is tiny, it only takes a couple of whales to push the price x10 times what it is now.
Because if there is no reason behind it then everyone will understand that the whales are behind it and no one will buy Bitcoin at the manipulated prices.
i think like that too, look like price at the manipulated by some big player. if situation like this all time i'm not sure bitcoin can survive as a currency in the future
even I usually like similar bullish threads with mathematical calculations, graphs and complex equations, this can't really happen within 18 months. only if will happen something like:
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
We don't really need any sort of super impossible scenareo for it to happen IMO. All it takes is a couple of whales feeling like they are missing a very obvious boat and getting in causing a huge price surge. Consider that the marketcap of Bitcoin is tiny, it only takes a couple of whales to push the price x10 times what it is now.
Because if there is no reason behind it then everyone will understand that the whales are behind it and no one will buy Bitcoin at the manipulated prices.
even I usually like similar bullish threads with mathematical calculations, graphs and complex equations, this can't really happen within 18 months. only if will happen something like:
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
We don't really need any sort of super impossible scenareo for it to happen IMO. All it takes is a couple of whales feeling like they are missing a very obvious boat and getting in causing a huge price surge. Consider that the marketcap of Bitcoin is tiny, it only takes a couple of whales to push the price x10 times what it is now.
Maybe during a big bubble, but don't see 10k sustained by end of 2016
10k for coin and we would have a total of about 210.000.000.000$ market crap, for have this number bitcoin need a lot of people that buy it and don't convert in fiat after
do you guys think it is possible?
If it's too good to be true then it is .
There is a 99% that this will never happen , at least not on 2016 maybe five to ten years who knows . but 2016 is too soon and even halving block won't be able to do such change on the price.
even I usually like similar bullish threads with mathematical calculations, graphs and complex equations, this can't really happen within 18 months. only if will happen something like:
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
* major expansion of dark web, illegal stores and activities
* war, plague, epidemic disease or other catastrophic scenario
* collapse of banking system, as we know him until today
* paypal, visa, mastercard total collapse
* really massive adoption by major retail businesses
I mean, it can't happen because of some startup or fancy looking app for iphone (because we already had both)
no it is not.
unless bitcoin demand suddenly skyrocketed.
unless bitcoin demand suddenly skyrocketed.
do you guys think it is possible?
not possible by the end of 2016!
i think at least we need a couple of more block reward halvings and also it becomes mass adopted.
until them we will be lucky if it reaches 1000 USD.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Don't listen to people that say Bitcoin will "never" be mega valuable. Also, don't listen to people
that claim its going to be $50k by Christmas.
$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible.
$10k-$20k by 2025 is what I'm thinking.
Its to hard if you want Price back to $1000 by 2016that claim its going to be $50k by Christmas.
$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible.
$10k-$20k by 2025 is what I'm thinking.
Many player like dumbing price and i dont know what in they head and why they really like for dumbing price
I agree it will be hard, but possible because 18 months is a long time for demand to grow plus there is the block halving.
Don't listen to people that say Bitcoin will "never" be mega valuable. Also, don't listen to people
that claim its going to be $50k by Christmas.
$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible.
$10k-$20k by 2025 is what I'm thinking.
Its to hard if you want Price back to $1000 by 2016that claim its going to be $50k by Christmas.
$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible.
$10k-$20k by 2025 is what I'm thinking.
Many player like dumbing price and i dont know what in they head and why they really like for dumbing price
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
Don't listen to people that say Bitcoin will "never" be mega valuable. Also, don't listen to people
that claim its going to be $50k by Christmas.
$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible.
$10k-$20k by 2025 is what I'm thinking.
that claim its going to be $50k by Christmas.
$10k by the end of 2016 seems extremely ambitious, probably unrealistic.
$1k by the 2016 is much more possible.
$10k-$20k by 2025 is what I'm thinking.
no it is not possible. unless the world has another major financial crisis. but it is fun to dream now and again.
Another financial crisis? We're no where near fixing the one that started in 2007, and likely it can't be fixed. The fact that the only effect of the ongoing financial crisis most people see right now is abnormally low interest rates (which most people probably think is a good thing) doesn't mean the crisis isn't still there.
Yes. The rates are still low because they know if they raise them, the asset bubble will burst. I would say we are in the eye of the shit storm. They could fix it by making regulations, or just simply putting back some old regulations (Glass-Stegal anyone?). But no. Mr. Hope and Change in stead put the same goldman sachs asshats in charge, we get no good regulations, and the problem still continues. Welcome to the new world order.
no it is not possible. unless the world has another major financial crisis. but it is fun to dream now and again.
Another financial crisis? We're no where near fixing the one that started in 2007, and likely it can't be fixed. The fact that the only effect of the ongoing financial crisis most people see right now is abnormally low interest rates (which most people probably think is a good thing) doesn't mean the crisis isn't still there.
sure it is possible. but only if bitcoin managed to replace fiat by the end of this year. people will dump all of their USD and its price will drop while bitcoin soars 
10,000$ Bitcoin would represent roughly 150 B$ market cap. That is nowhere close to fiat-replacement value.
For reference Berkshire Hathaway has a market cap of 350 B$
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