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Topic: Bitcoin 10k when? (Read 4186 times)

jr. member
Activity: 157
Merit: 1
August 16, 2015, 11:39:36 AM
#67
We don't know this. Bitcoin can never reach 10k as far I know. Future is hard to predict, 2 years ago bitcoin cost was over $1000 for brief period of time and here we are under $300.
Bitcoin price is no something that can be predicted with knowledge alone. And if you think someone with 51% hash power gonna destroy bitcoin network you are gravely mistaken.
Why would someone try to destroy something which gives him money? It is like someone rich suddenly try to burn all his money...

some people in this world just want to see tho world burn even if they make tons of money.

newbie
Activity: 57
Merit: 0
August 16, 2015, 11:09:35 AM
#66
Soon, maybe by the end of the year. Big Wall Street money is coming in right now, bigger money than bitcoin has ever seen. They haven't hit the bottom of their liquidity pool yet, but they will.

This is utter nonsense that you are pulling out of your ass. 

There is no big money going in to Bitcoin at this time, otherwise you wouldn't be able to afford it.  Also, the currency is still primarily used for dark web purchases.

Feeding lies (whether you believe in them or not) is irresponsible.
hero member
Activity: 770
Merit: 509
August 15, 2015, 02:52:18 PM
#65
Bitcoin is an amazing system, and it's potential is enormous. On top of that, it's a global currency. Right now we have a market cap of 4b$. That's not even half of Bill gate's net worth, FOR A GLOBAL CURRENCY. 4b$ is peanuts on global scale. If bitcoin really breaks through, expect atleast a 100-1000 times increase.

There are endless ventures that are way worth more than 4 billion, the famous Uber app for example surpasses bitcoin's market cap, it's unbelievable how undervalued is and how most people seem not to get this fact.
full member
Activity: 235
Merit: 250
August 15, 2015, 02:22:37 PM
#64
Bitcoin is an amazing system, and it's potential is enormous. On top of that, it's a global currency. Right now we have a market cap of 4b$. That's not even half of Bill gate's net worth, FOR A GLOBAL CURRENCY. 4b$ is peanuts on global scale. If bitcoin really breaks through, expect atleast a 100-1000 times increase.
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
August 08, 2015, 03:37:34 AM
#63
Soon, maybe by the end of the year. Big Wall Street money is coming in right now, bigger money than bitcoin has ever seen. They haven't hit the bottom of their liquidity pool yet, but they will.

I hope it too
but we must be realistic in view it

bitcoin now we know the price is still below $ 300 and are very difficult to penetrate $ 350
legendary
Activity: 2170
Merit: 1427
August 08, 2015, 03:14:34 AM
#62
Soon, maybe by the end of the year. Big Wall Street money is coming in right now, bigger money than bitcoin has ever seen. They haven't hit the bottom of their liquidity pool yet, but they will.

Can you tell me what you smoke? Not sure if you're serious or just trolling. If indeed serious, then I feel sorry for you.
sr. member
Activity: 336
Merit: 250
August 07, 2015, 08:25:03 PM
#61
Soon, maybe by the end of the year. Big Wall Street money is coming in right now, bigger money than bitcoin has ever seen. They haven't hit the bottom of their liquidity pool yet, but they will.
hero member
Activity: 490
Merit: 500
Captain
August 07, 2015, 07:07:26 PM
#60
and with sidechain linked to hard asset (bitcoin address) ... banks will not able to shit the "stress test".  Roll Eyes
that's why i talk about fondamental restored ...

everyone keeps talking about the side chain..

can you explain where I can find this sidechain? is it a option of some sort on the blockchain or bitcoin wallet im not looking at? or is this something discussed being built?

I will try to say it without any wrappings... SIDE CHAIN SUCKS.
They will not solve anything they are just a lame excuse for amatures dev that have no idea how to make a system design.

Why do they suck? What if you are a bank or something, and you want to take advantage of the blockchain supporting Bitcoin but you want your own rules? what if the devs of Bitcoin make a change in the way the main blockchain works but you don't like it? what if you are a country and you want to stablish your own coin and your own release of coins (inflation rate)... etc.

You have a good point about the bank using sidechains to support cryptocurrency, this is a valid scenarory where sidechains can be useful. I was provoking a bit, what I mean is that the common answer all the challanges with cryptocurrency is always, "ooohhh just use sidechains". Good example is the bitcoin blocksize; "ooohhh just use sidechains".
hero member
Activity: 770
Merit: 509
August 07, 2015, 11:11:21 AM
#59
Not anytime close, that's for sure. And I wouldn't want to increase the number that high. I man it's good for short term profit, yes. But it's bad for long term establishment.

Well, something seems clear to me, we will not reach mainstream status without a couple more bubble and burst cycles, continued growth in a stable fashion is impossible, bitcoin is too revolutionary and disruptive, it will trigger people's panic a lot of times, both up and down.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
August 07, 2015, 10:55:46 AM
#58
Not anytime close, that's for sure. And I wouldn't want to increase the number that high. I man it's good for short term profit, yes. But it's bad for long term establishment.
legendary
Activity: 1512
Merit: 1011
August 07, 2015, 10:51:51 AM
#57
A bug in bitcoins code, fork gone bad or a worldwide currency crisies? I think the crisis is much more likely.

sorry, i laugh on the first and second argument ...  Grin Bitcoin is nothing more than a perfect tool for financial system, it don't lie and you can trace everything you want.

the inverse of the actual system (and shadow banking that it must saves by deposits of client).
legendary
Activity: 1232
Merit: 1091
August 07, 2015, 08:55:02 AM
#56
by 2020 if nothing global happens

that's way too fast to happen in that very short time. We must be happy if we see $1000 again by 2020.
legendary
Activity: 1473
Merit: 1086
August 07, 2015, 08:37:25 AM
#55
by 2020 if nothing global happens

What do you mean by "if nothing global happens"? A bug in bitcoins code, fork gone bad or a worldwide currency crisies? I think the crisis is much more likely.
full member
Activity: 280
Merit: 100
August 07, 2015, 02:41:07 AM
#54
by 2020 if nothing global happens
legendary
Activity: 1120
Merit: 1000
August 07, 2015, 01:30:51 AM
#53
2017.

2017 ?
not sure with it bitcoin have more problem
also need more merchands accept it to get 10.000$

I think 2050 bitcoin price will be up to 10000$

u mad bro?

by 2050 10k probably will be nothing, I don't think BTC will fails that much
copper member
Activity: 1218
Merit: 1007
Post your ann & bounty just contact me
August 06, 2015, 11:01:05 PM
#52
2017.

2017 ?
not sure with it bitcoin have more problem
also need more merchands accept it to get 10.000$

I think 2050 bitcoin price will be up to 10000$
legendary
Activity: 1512
Merit: 1011
August 06, 2015, 05:17:30 PM
#51
and with sidechain linked to hard asset (bitcoin address) ... banks will not able to shit the "stress test".  Roll Eyes
that's why i talk about fondamental restored ...

everyone keeps talking about the side chain..

can you explain where I can find this sidechain?

P2Pool is a sidechain.
legendary
Activity: 868
Merit: 1004
August 06, 2015, 05:07:13 PM
#50
and with sidechain linked to hard asset (bitcoin address) ... banks will not able to shit the "stress test".  Roll Eyes
that's why i talk about fondamental restored ...

everyone keeps talking about the side chain..

can you explain where I can find this sidechain? is it a option of some sort on the blockchain or bitcoin wallet im not looking at? or is this something discussed being built?

I will try to say it without any wrappings... SIDE CHAIN SUCKS.
They will not solve anything they are just a lame excuse for amatures dev that have no idea how to make a system design.

Why do they suck? What if you are a bank or something, and you want to take advantage of the blockchain supporting Bitcoin but you want your own rules? what if the devs of Bitcoin make a change in the way the main blockchain works but you don't like it? what if you are a country and you want to stablish your own coin and your own release of coins (inflation rate)... etc.
hero member
Activity: 490
Merit: 500
Captain
August 06, 2015, 01:03:02 PM
#49
and with sidechain linked to hard asset (bitcoin address) ... banks will not able to shit the "stress test".  Roll Eyes
that's why i talk about fondamental restored ...

everyone keeps talking about the side chain..

can you explain where I can find this sidechain? is it a option of some sort on the blockchain or bitcoin wallet im not looking at? or is this something discussed being built?

I will try to say it without any wrappings... SIDE CHAIN SUCKS.
They will not solve anything they are just a lame excuse for amatures dev that have no idea how to make a system design.
legendary
Activity: 889
Merit: 1013
August 06, 2015, 06:43:36 AM
#48
2017.
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