Bitcoin Just hit 6k, is it possible to cross 10k in another year?

Izarok

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Quote from: bakerlisa510 on October 21, 2017, 02:15:06 AM

OMG, the bitcoin value is above six thousand, The amount of this Virtual Currency, which passed the record more than $5647 before this week, it has turned into $6080 to fill the difference by yesterday’s seven days less.

Bitcoin’s cost has increased from last year, by using its record-breaking rally which appeared after its recent split into two separate Cryptocurrencies. And I think It will cross over 10 thousand by the end of 2018.

I think it is possible within a year. The price would hit a new all time high by 1st quarter of 2018 then normalize by 2nd quarter. From 3rd to 4th quarter will be a wild boost or dump in pricing.

hase0278

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Quote from: LFC_Bitcoin on October 25, 2017, 04:38:00 AM

$10,000 by the end of 2018 is not impossible but it’s a large increase on the current price. We’ll have to wait & see but I don’t see why not.

For sure bitcoin will reach $10,000 before 2018 ends. Bitcoin have built a lot of momentum and adoption rate increased which will make it possible for bitcoin to touch the speculated price even if for just a bit. It probably won't go any lower than 5000$ now since btc is legalized in some countries now. Still, I don't deny the possibility of it dumping below 5000$ in the next coming years. The only question is at what price would it consolidate for now?

LFC_Bitcoin

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$10,000 by the end of 2018 is not impossible but it’s a large increase on the current price. We’ll have to wait & see but I don’t see why not.

unknown-user

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Quote from: bakerlisa510 on October 21, 2017, 02:15:06 AM

OMG, the bitcoin value is above six thousand, The amount of this Virtual Currency, which passed the record more than $5647 before this week, it has turned into $6080 to fill the difference by yesterday’s seven days less.

Bitcoin’s cost has increased from last year, by using its record-breaking rally which appeared after its recent split into two separate Cryptocurrencies. And I think It will cross over 10 thousand by the end of 2018.

That's indeed true. Bitcoin's current market value is way far from its market value earlier this year and the reason is the continuous increase on the demand that Bitcoin is getting in the market caused by the recent fork last August. And since there'll be another this November, it became a factor to consider for Bitcoin to reach 10000$ of market value next year especially if it will be as successful as the recent one or more and hoping that it will be.

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Quote from: xFiber on October 25, 2017, 12:51:30 AM

Quote from: audrey12 on October 25, 2017, 12:48:54 AM

Everything is possible with bitcoin it can pump and reach $10000 even before the year end and may also drop and reach $3000 again we cannot tell and no can anticipate because that's the nature of bitcoin it fluctuates from time to time the good thing here is that even the value keeps on an up and down position majority of bitcoin cycle is to appreciation meaning if ever it drops today surely it will still go up in the future.

Now we've hit 6000$ its very possible that we will see 10000$ in the upcoming year. Don't forget the fact that in the past years we've built up quite a lot of momentum. Anything is possible.

Yes, in the past year during the same time period the price was much lower than the current price. The price increase happened in large scale from the starting of the ongoing year and has led to reach $6000. Now once again the price seems decreasing. The same price increase needs to start once again to take it towards $10000 or even higher.

leonair

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Quote from: xFiber on October 25, 2017, 12:51:30 AM

Quote from: audrey12 on October 25, 2017, 12:48:54 AM

Everything is possible with bitcoin it can pump and reach $10000 even before the year end and may also drop and reach $3000 again we cannot tell and no can anticipate because that's the nature of bitcoin it fluctuates from time to time the good thing here is that even the value keeps on an up and down position majority of bitcoin cycle is to appreciation meaning if ever it drops today surely it will still go up in the future.

Now we've hit 6000$ its very possible that we will see 10000$ in the upcoming year. Don't forget the fact that in the past years we've built up quite a lot of momentum. Anything is possible.

I am so positive too just like what you all thinking because I witnessed the massive growth of Bitcoin since I entered last year of this exact month of October, I remembered that the price of a single Bitcoin back then was only $600+ and now It already surpassed the $6000 mark, it almost multiply by times 10 so if I invested back then with a $1000 from my pocket then I would be getting a $10,000 with a $9,000 profit after 12 months of holding, how I wish.

xFiber

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Quote from: audrey12 on October 25, 2017, 12:48:54 AM

Everything is possible with bitcoin it can pump and reach $10000 even before the year end and may also drop and reach $3000 again we cannot tell and no can anticipate because that's the nature of bitcoin it fluctuates from time to time the good thing here is that even the value keeps on an up and down position majority of bitcoin cycle is to appreciation meaning if ever it drops today surely it will still go up in the future.

Now we've hit 6000$ its very possible that we will see 10000$ in the upcoming year. Don't forget the fact that in the past years we've built up quite a lot of momentum. Anything is possible.

audrey12

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Everything is possible with bitcoin it can pump and reach $10000 even before the year end and may also drop and reach $3000 again we cannot tell and no can anticipate because that's the nature of bitcoin it fluctuates from time to time the good thing here is that even the value keeps on an up and down position majority of bitcoin cycle is to appreciation meaning if ever it drops today surely it will still go up in the future.

bakerlisa510

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Quote from: procryptoguy on October 21, 2017, 06:02:48 AM

Quote from: Immakillya on October 21, 2017, 04:05:04 AM

Yes. The possibility is very high because of the massive demand of people for bitcoin. Actually in Zimbabwe, the price of Bitcoin there almost hits $10,000 due to lack of cash. https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/
The adoption of Bitcoin in the continent of Africa is massive especially on Nigeria. Over 100000 merchants there are now accepts Bitcoin. Imagine how large is that.

This rally is just a beginning. I expect Bitcoin could hit $7000 at the end of the year and $10000 next year. Bitcoin is unstoppable. No matter what other people say against it.

are you saying right now is the time when we should invest in bitcoin?I mean i had .5btc and poloniex stole it from me last month.after that i am sacred and negative with bitcoin though i can see price is rising everyday.What are the future possibiltys of bitcoin ,i need to get motivated in this.

How? I mean how did it got stolen?? You can trust bitcoin, loosing faith in just a simple business doesn't works! You just have to be aware. Yes, there are some frauds out there for this you have got to do some more research before doing some investments.

Irvinn

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As demand for bitcoin is constantly growing, its value will continue to grow. Based on this, it is theoretically possible that its rate next year will grow to $ 10,000. However, one should not forget about the considerable volatility of the crypto currency and its response to various bad news. As it will be in practice, you can not say for sure.

greeklogos

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I have met many talks on the forum that 10k$ is bitcoin's target for the next year and with such temps of growth I believe in that.

bornforfreedom

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I believe it can hit very close to $10k by the end of the year imo. There's too much potential so HODL now

sukamasoto

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I think it will not reach $ 10.000 in this year !
Recently bitcoin is on pumping trending and it will start decrease after 25 Oct and will start increase on December.
All thing we can do right now is holding as long as possible for maximize the profit

matuson

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Quote from: bitcoinvamp on October 21, 2017, 06:47:06 AM

Quote from: bakerlisa510 on October 21, 2017, 02:15:06 AM

OMG, the bitcoin value is above six thousand, The amount of this Virtual Currency, which passed the record more than $5647 before this week, it has turned into $6080 to fill the difference by yesterday’s seven days less.

Bitcoin’s cost has increased from last year, by using its record-breaking rally which appeared after its recent split into two separate Cryptocurrencies. And I think It will cross over 10 thousand by the end of 2018.

The potential of bitcoin at present seems to be really going high. So reaching 10 grand at the end of the next year seems to be very promising but i think bitcoin won't take too long to reach 10 grand i think by mid of the next year it could reach 10k if it continues to rise like it is increasing now.

Nobody knows. If all remains as it is the price next year could be much higher. Bitcoin is not growing proportionally. You can't see it? But if governments will ban the use of bitcoin and begin to track users of the price can be significantly reduced. Now nobody knows.

bitcoinvamp

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Quote from: bakerlisa510 on October 21, 2017, 02:15:06 AM

OMG, the bitcoin value is above six thousand, The amount of this Virtual Currency, which passed the record more than $5647 before this week, it has turned into $6080 to fill the difference by yesterday’s seven days less.

Bitcoin’s cost has increased from last year, by using its record-breaking rally which appeared after its recent split into two separate Cryptocurrencies. And I think It will cross over 10 thousand by the end of 2018.

The potential of bitcoin at present seems to be really going high. So reaching 10 grand at the end of the next year seems to be very promising but i think bitcoin won't take too long to reach 10 grand i think by mid of the next year it could reach 10k if it continues to rise like it is increasing now.

procryptoguy

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Quote from: Immakillya on October 21, 2017, 04:05:04 AM

Yes. The possibility is very high because of the massive demand of people for bitcoin. Actually in Zimbabwe, the price of Bitcoin there almost hits $10,000 due to lack of cash. https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/
The adoption of Bitcoin in the continent of Africa is massive especially on Nigeria. Over 100000 merchants there are now accepts Bitcoin. Imagine how large is that.

This rally is just a beginning. I expect Bitcoin could hit $7000 at the end of the year and $10000 next year. Bitcoin is unstoppable. No matter what other people say against it.

are you saying right now is the time when we should invest in bitcoin?I mean i had .5btc and poloniex stole it from me last month.after that i am sacred and negative with bitcoin though i can see price is rising everyday.What are the future possibiltys of bitcoin ,i need to get motivated in this.

TravelMug

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Quote from: Aamir1 on October 21, 2017, 05:23:36 AM

Mostly people, including me, were predicting for the price to reach $6k mark by the end of this year, and this is really a surprise to see the price today and it is above that mark already. I'm not thinking about as long as a after one year, but i'm wondering if what will the price be by the end of 2017. As it already crossed $6k, and if things went normal, for sure we are gonna see it above $6.5k or $7k by the end of this year, and if that happens, $10k wont be a far target i guess.

Yeah mate. Its so funny that our predictions are way off, I'm predicting the we can got $6000 tops at the end of the year. But look at the price now, its way above $6000. Bitcoin again has proven most of us wrong, but in a very positive way. I'm considering the $1000 is within the realm of reality now. If that happens then what a good run we have this year. From less than ~$1000 starting this early January to $10000 at the end of the year. I will never really doubt bitcoin, every though their is a bumps that comes along, it very resilient and will surprises us all. Let's see what will the the final price before this year closes. I hope that $10000 can really be touch.

bubblebit

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Bitcoin as a currency is limitless. It is beyond what the book of economics and investments really made of. The trust on bitcoin from investors is more huge than the risked they’ve facing on daily basis.

At 6000$ that is more telling that can even think of what stock markets has made of. The reality that this cryptocurrency been painted from “fraud” to “bubble” but never back down. Bitcoin will always stay and I will be part of it. For now and until it worth a 10000$ this coming years.

neo444

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Now his price is 6 115,37 $ and he still increase more and more because the number of bitcoin users grown up

Aamir1

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Mostly people, including me, were predicting for the price to reach $6k mark by the end of this year, and this is really a surprise to see the price today and it is above that mark already. I'm not thinking about as long as a after one year, but i'm wondering if what will the price be by the end of 2017. As it already crossed $6k, and if things went normal, for sure we are gonna see it above $6.5k or $7k by the end of this year, and if that happens, $10k wont be a far target i guess.

neo444

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In that time the price of bitcoin on coinbase is 6102,93 $ and i think is steal increasing more and more

Kemarit

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Quote from: Lancusters on October 21, 2017, 04:22:14 AM

Quote from: Immakillya on October 21, 2017, 04:05:04 AM

Yes. The possibility is very high because of the massive demand of people for bitcoin. Actually in Zimbabwe, the price of Bitcoin there almost hits $10,000 due to lack of cash. https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/
The adoption of Bitcoin in the continent of Africa is massive especially on Nigeria. Over 100000 merchants there are now accepts Bitcoin. Imagine how large is that.

This rally is just a beginning. I expect Bitcoin could hit $7000 at the end of the year and $10000 next year. Bitcoin is unstoppable. No matter what other people say against it.

I do not think that Africa can have a significant impact on the development of bitcoin. In Africa are mostly poor people and they will not be able to significantly increase the capitalization. But as advertising it can be very good. Now a large demand for bitcoins because everyone wants to get free coins. This will be until October 25, and it is possible that the price will be even higher than $ 7,000. But then there will be a correction and the price will drop to 5000-5500 dollars.

If you look at the whole African continent then its a long way to go for them. But few African countries are really seeing bitcoin as alternative to their cash just like the news posted above. We may not see the effect today. But overtime we gonna see bitcoin acceptance in that continent. I firmly believed that they are the next part of the globe that will see benefits as some form of money, following Asia and North America. And the momentum has run started because the price has exponentially increase every year. We are at around 500% increased already. And the price is continuing and its really hard to see where its gonna end specially the fork is just around the corner. I'm very bullish that it can go and moved around $6500-$7000 prior to the fork this 25th.

fusepay

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Has just climbed 5 - 6 k in 8 days, 4-5k in 61 days. 3-4k in 62 days... anything is possible.

orions.belt19

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I did not expect it to reach this high and finally break to $6000 not until the after the November hard fork. In fact, just months ago I did not even expect this kind of price increase. I am still sometimes amazed whenever I take a look at the price chart of Bitcoin for the year 2017. Almost no one has expected this kind of trend or increase. It may be possible for it to hit 10K by 2018 as OP has suggested. At this rate, I think that anything is possible for the price increase of bitcoin.

Lancusters

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Quote from: Immakillya on October 21, 2017, 04:05:04 AM

Yes. The possibility is very high because of the massive demand of people for bitcoin. Actually in Zimbabwe, the price of Bitcoin there almost hits $10,000 due to lack of cash. https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/
The adoption of Bitcoin in the continent of Africa is massive especially on Nigeria. Over 100000 merchants there are now accepts Bitcoin. Imagine how large is that.

This rally is just a beginning. I expect Bitcoin could hit $7000 at the end of the year and $10000 next year. Bitcoin is unstoppable. No matter what other people say against it.

I do not think that Africa can have a significant impact on the development of bitcoin. In Africa are mostly poor people and they will not be able to significantly increase the capitalization. But as advertising it can be very good. Now a large demand for bitcoins because everyone wants to get free coins. This will be until October 25, and it is possible that the price will be even higher than $ 7,000. But then there will be a correction and the price will drop to 5000-5500 dollars.

Immakillya

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Yes. The possibility is very high because of the massive demand of people for bitcoin. Actually in Zimbabwe, the price of Bitcoin there almost hits $10,000 due to lack of cash. https://www.cryptocoinsnews.com/bitcoin-trading-at-nearly-10000-in-zimbabwe-due-to-a-lack-of-cash-in-the-country/
The adoption of Bitcoin in the continent of Africa is massive especially on Nigeria. Over 100000 merchants there are now accepts Bitcoin. Imagine how large is that.

This rally is just a beginning. I expect Bitcoin could hit $7000 at the end of the year and $10000 next year. Bitcoin is unstoppable. No matter what other people say against it.

bakerlisa510

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OMG, the bitcoin value is above six thousand, The amount of this Virtual Currency, which passed the record more than $5647 before this week, it has turned into $6080 to fill the difference by yesterday’s seven days less.

Bitcoin’s cost has increased from last year, by using its record-breaking rally which appeared after its recent split into two separate Cryptocurrencies. And I think It will cross over 10 thousand by the end of 2018.

Topic: Bitcoin Just hit 6k, is it possible to cross 10k in another year? (Read 581 times)