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Topic: Bitcoin 10k when? - page 3. (Read 4190 times)

legendary
Activity: 1512
Merit: 1011
August 04, 2015, 07:37:14 PM
#27
from personal point of view, i wait the halving (end of 2016) ... but not to liquidate the btc holding.
in Bitcoin, i have find a safe heaven from LAW that they can FROOZE bank account with LIFE ECONOMIES.

like in Greek (2015) ... or Cyprus (2013).
legendary
Activity: 1022
Merit: 1000
August 04, 2015, 07:34:51 PM
#26
We missed it.  Most bitcoin users said it was supposed to have happened by now.

Seriously, there is no way to know, as the over optimism at the end of 2013 clearly illustrates.

However, I agree about bitcon being a big hit or a bust - so good luck everyone!
legendary
Activity: 1512
Merit: 1011
August 04, 2015, 07:28:22 PM
#25
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 ...
legendary
Activity: 1610
Merit: 1183
August 04, 2015, 07:15:02 PM
#24
Nasdaq is already dead.

because of the lack of trust in the stats.


Bitcoin is pure stats. system ... people and traders will like this when time come (trusted value = fondamental restored).

you are both dumb and delusional if you dont believe that bitcoin needs the legacy financial system to succeed.
Wrong, the Nasdaq needs Bitcoin to succeed. Nasdaq tranactions will all be run over the blockchain or over a sidechain in the next decade. All other options are objectively stupid and deprecated by Bitcoin's superior technology. All banks are old versions of what Bitcoin can do. Theres no turning back.
sr. member
Activity: 322
Merit: 250
August 04, 2015, 07:10:02 PM
#23
This should be in the speculation section. And it's way too hard to guess when (if) bitcoin will reach 10k/coin. But I'm hoping within the next 2-3 years.
legendary
Activity: 1512
Merit: 1011
August 04, 2015, 07:08:48 PM
#22
no, it's financial system that it's need ... a cleaning.  Roll Eyes
problem : bank, state and debt are linked.  Tongue
full member
Activity: 179
Merit: 100
August 04, 2015, 06:57:22 PM
#21
Nasdaq is already dead.

because of the lack of trust in the stats.


Bitcoin is pure stats. system ... people and traders will like this when time come (trusted value = fondamental restored).

you are both dumb and delusional if you dont believe that bitcoin needs the legacy financial system to succeed.
legendary
Activity: 1512
Merit: 1011
August 04, 2015, 06:47:40 PM
#20
Nasdaq is already dead.

because of the lack of trust in the stats.


Bitcoin is pure stats. system ... people and traders will like this when time come (trusted value = fondamental restored).
full member
Activity: 179
Merit: 100
August 04, 2015, 06:46:58 PM
#19
not sure why everyone is excited about a $10k bitcoin.. as that $10k will only buy you a weeks rent once the dollar fails..

.. people need to start thinking about bitcoin as:
1 bitcoin buys 10k loaves of bread
1 bitcoin buys a year of rent



get your head out of the sand.

There may be a day where you wont have to think about USD as the reserve currency, but since the USA owns all the guns and airplanes, and aircraft carriers there is basically zero chance that the dollar experiences a total collapse inside of the next 50 years. For that to happen, we will need World War 3 or even 4.

And since USA is basically cannot be beached by any foreign force, it makes your argument completely null and void. USA can do whatever it fucking wants when the world goes into the toilet, and while FIAT may literally be out of favor, USD will still be preferred over every other fiat.
full member
Activity: 179
Merit: 100
August 04, 2015, 06:44:12 PM
#18
inside of 5 years imo.

Once the ETF kicks off, and nasdaq opens the door for greater blockchain integration into their share tracking platform of colored coins, it will literally be overnight. Literally I can see a 10x increase inside of a few month span. Nasdaq opening the door is the real rocket ship.
legendary
Activity: 1512
Merit: 1011
August 04, 2015, 06:42:39 PM
#17
not sure why everyone is excited about a $10k bitcoin.. as that $10k will only buy you a weeks rent once the dollar fails..

.. people need to start thinking about bitcoin as:
1 bitcoin buys 10k loaves of bread
1 bitcoin buys a year of rent



i agree.

that's why  1 BTC = 100 000 000 Satoshis.
http://www.btcsatoshi.com/

so, when it's time ... Bitcoin can touch the satoshi unit.
hero member
Activity: 490
Merit: 500
Captain
August 04, 2015, 06:39:31 PM
#16
.. people need to start thinking about bitcoin as:
1 bitcoin buys 10k loaves of bread
1 bitcoin buys a year of rent

This is a very good way to put it. I like this a lot.
I will quote and use this in the future.

This "Bitcoin 10k when?", "Bitcoin 5k when?" "Bitcoin 100k when?" threads come up with a pretty constant interval.
legendary
Activity: 1512
Merit: 1011
August 04, 2015, 06:34:01 PM
#15
10-15 years sounds reasonable to me as well.

i agree.

bank account (for life economies) is in the same range ...
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 04, 2015, 06:32:14 PM
#14
$10k when? Bitcoin will be worth $10k if a single egg costs $500. A true bitcoiner will think of when will a single egg cost BTC0.00001 not when a single BTC is worth $10,000.
legendary
Activity: 4214
Merit: 4458
August 04, 2015, 06:29:41 PM
#13
not sure why everyone is excited about a $10k bitcoin.. as that $10k will only buy you a weeks rent once the dollar fails..

.. people need to start thinking about bitcoin as:
1 bitcoin buys 10k loaves of bread
1 bitcoin buys a year of rent

member
Activity: 94
Merit: 11
August 04, 2015, 06:24:42 PM
#12
a BTC unbeliever: "Bitcoin 10k when? I am eager to convert my bitcoins to dollars."
a BTC believer: "Bitcoin accepted everywhere, when? I am eager to shop with Bitcoin."
hero member
Activity: 490
Merit: 500
Captain
August 04, 2015, 06:11:10 PM
#11
This is a quote from Satoshi himself:

Feb. 14, 2010:
Quote
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume.

He is basically saying that in 2020, then will you either be rich or have nothing.

Not to be annoying, but 20 years from the date of that quote is 2030 AD.
So if by 2020 prices aren't as desired, don't worry, you got another 10 years.

HA ha ha, you are right. I cant add two numbers  Roll Eyes
Great you pointed that out.
legendary
Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
August 04, 2015, 05:53:33 PM
#10
10-15 years sounds reasonable to me as well.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
August 04, 2015, 05:42:33 PM
#9
So when everypony? I think 7 years and three months from now the price of one bitcoin will be 10 k  Wink


Maybe in 10 years, maybe never. I happen to believe we'll see 1 bitcoin's value as 10,000 USD in 10-15 years time.
I'm obviously aware that bitcoin could have next to zero value by then too but hopefully it's the former rather than the latter. Not knowing is what's so unsettling but I guess that's the high risk, high reward stakes that we are all so aware of when investing in bitcoin.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
August 04, 2015, 05:39:00 PM
#8
This is a quote from Satoshi himself:

Feb. 14, 2010:
Quote
I’m sure that in 20 years there will either be very large (bitcoin) transaction volume or no volume.

He is basically saying that in 2020, then will you either be rich or have nothing.

20 years from 2010 is 2030, not 2020. Heavily depends on the supply and demand. If there is continuous demand over a diminishing supply, then it's a big boom for us bitcoiners. If not, probably the miners would need to shut down their miners and sell everything, therefore disabling the whole network and as a result, no one to process bitcoin transactions = no more movement for bitcoin.
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