Topic: Bitcoin Launches SegWit, Max Keiser Raises ‘Interim’ Price to $10,000 (Read 1548 times)
August 28, 2017, 08:38:16 PM
Price has almost doubled in the month of August regardless of high transaction fees or long waiting time. This shows people doesn't really care for transaction fees and speed. They are more concerned about their investments and returns. Thus, Segwit activation wouldn't have any bigger impact on price. Of course, there would be a positive impact of less transaction fees on community and more people, vendors and merchants will join. Thus, accelerating the demand. Regarding Max Keiser price speculation. He didn't even stick to his earlier prediction and has already doubled his $5k prediction. So is the case with everyone here. Bitcoin has largely became unpredictable nowadays and people keep on changing their predicted price.
August 28, 2017, 02:45:15 PM
According to Bryce on Twitter. You will need $70billion new money while nobody sell for bitcoin to hit $10k this year
Nope. You just need one transaction at $10K for this to happen. Market capitalization by itself is a flawed concept because of this. It just looks at the price at which the last transaction took place.
Correct. As of right now, a single $40M buy on Bitstamp would take the price over 10,000.
August 27, 2017, 03:21:02 AM
Overoptimistic as always, imo. I would completely agree with him if he just gave it a bit more time with that prediction, i have no doubt that $10,000 is going to be an easy task to achieve if given the appropriate amount of time due to the fact that we are still in early adoption stages and fiat is inflationary.
However he seems to think that btc price can just double or triple in a few weeks, and stay up there.
It is true that we have seen these sorts of growth in btc but it's not going to be sustainable, at all. If it reaches $10k this year it'll only mean that we are just in absolutely mania and nobody is thinking logically. Segwit lock in has influenced bitcoin to a around 30% rise already, to call for another 250% rise isn't logical.
However he seems to think that btc price can just double or triple in a few weeks, and stay up there.
It is true that we have seen these sorts of growth in btc but it's not going to be sustainable, at all. If it reaches $10k this year it'll only mean that we are just in absolutely mania and nobody is thinking logically. Segwit lock in has influenced bitcoin to a around 30% rise already, to call for another 250% rise isn't logical.
August 27, 2017, 01:23:08 AM
I think we will see an increase if the 2x hardfork takes place (and is succesful).
August 27, 2017, 12:37:15 AM
According to Bryce on Twitter. You will need $70billion new money while nobody sell for bitcoin to hit $10k this year
Nope. You just need one transaction at $10K for this to happen. Market capitalization by itself is a flawed concept because of this. It just looks at the price at which the last transaction took place.
August 26, 2017, 07:13:57 PM
According to Bryce on Twitter. You will need $70billion new money while nobody sell for bitcoin to hit $10k this year
that's not how it works, lol.
Bahahaaaaa 
August 26, 2017, 05:03:42 PM
According to Bryce on Twitter. You will need $70billion new money while nobody sell for bitcoin to hit $10k this year
that's not how it works, lol.
August 26, 2017, 03:49:27 PM
According to Bryce on Twitter. You will need $70billion new money while nobody sell for bitcoin to hit $10k this year
August 26, 2017, 03:41:29 PM
Many people seem to be way in over their heads in this, selling their houses and shit to invest in bitcoin.
I'm sure jgray is quite happy with the bitcoin proceeds from his house.
https://bitcointalksearch.org/topic/m.15197910
Quote
sold my house for approximately $400,000 Canadian, and got approximately 648 BTC in the transaction.
648 * 5400 CAD = $3,500,000
August 26, 2017, 04:42:16 AM
Max Keiser has raised his Bitcoin price forecast to $10,000 as the cryptocurrency industry celebrates SegWit activation.
Joining figures such as Andreas Antonopoulos and Bobby Lee, Keiser, who is notoriously bullish on Bitcoin, said his “interim” price estimate had doubled from $5000.
Lee’s BTCC pool mined the first SegWit block for Bitcoin.
https://cointelegraph.com/news/bitcoin-launches-segwit-max-keiser-raises-interim-price-to-10000
Joining figures such as Andreas Antonopoulos and Bobby Lee, Keiser, who is notoriously bullish on Bitcoin, said his “interim” price estimate had doubled from $5000.
Lee’s BTCC pool mined the first SegWit block for Bitcoin.
https://cointelegraph.com/news/bitcoin-launches-segwit-max-keiser-raises-interim-price-to-10000
I don't think that bitcoin is worth $10k right now, but if we look back from the future then i think we'll think that bitcoin was a steal at $10k. At each halving we have seen ibtcoin rise by at least triple the price, and i don't think that the next one will be any different.
$10k this year would be not likely but $10k by the next halving would be extremely likely, imo.
I don't need whatever implementations to understand that we at some point will reach $10K, $20K, $30K, etc. Bitcoin's demand has been increasing significantly throughout the years, and this is something that will continue to happen in the forthcoming years as well. Max Keiser is nothing more than an idiot and hypocrite. People that were here early enough will never forget how he maliciously prevented his MaxCoin from launching in a normal and fair manner. He has willingly abused his followers/fan base, where he made millions in profits in a very short time.
Exactly, this is the reason why you should take everyone's words with a grain of salt. Even the so called expert analysts are biased and if they are saying something there is usually an economic motive.
August 26, 2017, 04:30:56 AM
I don't need whatever implementations to understand that we at some point will reach $10K, $20K, $30K, etc. Bitcoin's demand has been increasing significantly throughout the years, and this is something that will continue to happen in the forthcoming years as well. Max Keiser is nothing more than an idiot and hypocrite. People that were here early enough will never forget how he maliciously prevented his MaxCoin from launching in a normal and fair manner. He has willingly abused his followers/fan base, where he made millions in profits in a very short time.
August 26, 2017, 04:17:26 AM
I've long moved on from my past mistakes.
I'm just here to warn everybody that will listen to reason and facts.
FACT: there is a very good chance that you have always been a desperate person shorting bitcoin.I'm just here to warn everybody that will listen to reason and facts.
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FACT: Bitcoin protocol is flawed.
not it is not. nearly 9 years of existence has proven that.bitcoin may not be perfect but it is far from being "flawed".
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FACT: SegWit transactions are extremely vulnerable to theft.
no they are not.there is a 1 million dollar reward in form of a litecoin segwit tx you can feel free to rob it and it has been available for months.
there has been a lot of SegWit transactions so far, you can feel free to rob any of them too while you are at it.
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FACT: November hard fork WILL cause chaos as the majority of miners will go to the SW2x chain.
it will be the same chaos we had 10-15 days before August 1st. nothing new to bitcoin world.Quote
I'm not here to spread FUD, i'm here to warn people so they don't lose money.
nice joke buddy Quote
Many people seem to be way in over their heads in this, selling their houses and shit to invest in bitcoin.
if someone is doing it then they are the idiots who deserve to lose all their money. it doesn't have anything to do with November, S2X or whatever else 
August 26, 2017, 03:52:31 AM
About 3 years ago, people were speculating about a 10000$ bitcoin and I think they were mad. But now I think it is possible. Would like it dumped a bit to get more, but probably it is good to buy as it is as it is likely to go much higher.
August 26, 2017, 03:22:25 AM
Bitcoin is far better to $. Transaction fee is what is killing my biz.
A much superior currency IMO due to its features, yes, but with those extreme fees, I might just keep my btc intact rather than spend them and be killed by tx fees.
$10,000 maybe attainable this year given the bullish trend that we have for 9 months now. But this trend could shift to the negative if some greedy miners continue to reject valid transactions in the network causing it to be clogged. These devs have good vision for BTC, but with its current state, I doubt if their vision would materialize sooner.
August 26, 2017, 01:30:46 AM
Max Keiser has raised his Bitcoin price forecast to $10,000 as the cryptocurrency industry celebrates SegWit activation.
Joining figures such as Andreas Antonopoulos and Bobby Lee, Keiser, who is notoriously bullish on Bitcoin, said his “interim” price estimate had doubled from $5000.
Lee’s BTCC pool mined the first SegWit block for Bitcoin.
https://cointelegraph.com/news/bitcoin-launches-segwit-max-keiser-raises-interim-price-to-10000
Joining figures such as Andreas Antonopoulos and Bobby Lee, Keiser, who is notoriously bullish on Bitcoin, said his “interim” price estimate had doubled from $5000.
Lee’s BTCC pool mined the first SegWit block for Bitcoin.
https://cointelegraph.com/news/bitcoin-launches-segwit-max-keiser-raises-interim-price-to-10000
What exactly does "interim" price even supposed to mean? Does it mean that they think this is where bitcoin is supposed to be at naturally right now or something else?
Personally i think that bitcoin price is currently somewhat overvalued. Not overvalued by a lot but still, i can see a correction happening this year. Over the long term growth of bitcoin will sustain but in the short term i can't see it going to $10k any time soon, honestly. Segwit hasn't affected transaction fees much - yet.
Obviously, Bobby Lee probbaly knows better about btc than me. Who knows. But Keiser is way too bullish.
August 25, 2017, 08:15:29 AM
Bitcoin is far better to $. Transaction fee is what is killing my biz.
August 25, 2017, 08:06:31 AM
I'm so glad that Max Keiser and other bitcoin experts can look into their crystal balls and keep us up to date on where the price will be.
So how's that MaxCoin thing working out so far, Max? (zing!)
https://coinmarketcap.com/currencies/maxcoin/
So how's that MaxCoin thing working out so far, Max? (zing!)
https://coinmarketcap.com/currencies/maxcoin/
August 25, 2017, 08:02:20 AM
i think the price will be around $6500~$7000 at the end of the year ,and $15000 by the time of 2019.anyway ,just holding the bitcoin and enjoy the ride . do not be off the train .
August 25, 2017, 07:56:32 AM
Yea you can be all yelling about his new estimates of $10.000, let's just forget that a few years ago he was predicting $500.000-$1.000.000, i see a trend here... it's not a positive one for the value of Bitcoin.
He knows what is coming and it's not good.
He knows what is coming and it's not good.
Damn dude for years you spread FUD. If you just had bought some coins even last year, you would have reduce your loss that you made as you sold your coins at $10. You really still hope for $50 coins lol...
I've long moved on from my past mistakes.
I'm just here to warn everybody that will listen to reason and facts.
FACT: Bitcoin protocol is flawed.
FACT: SegWit transactions are extremely vulnerable to theft.
FACT: November hard fork WILL cause chaos as the majority of miners will go to the SW2x chain.
I'm not here to spread FUD, i'm here to warn people so they don't lose money.
Many people seem to be way in over their heads in this, selling their houses and shit to invest in bitcoin. When November hits, those people can live on the streets, that's something i don't wish on anyone.
Even with smaller investments or loans people got to get bitcoin, they will probably lose it and be in serious trouble!
August 25, 2017, 06:52:51 AM
$10,000 looks possible by end of this year if not price will be atleast over $7500. Even after segwit activation we haven't seen any significant dump on market which shows that people are still buying bitcoin at this high price. Last bull run was not fueled by high speculation over segwit and nobody is selling on the actual segwit activation like many have predicted.
Holding all my bitcoins for next round of bull run.....
The price is only getting higher. $10k don't look impossible indeed. But I am thinking whether it is worth to keep btc even more, after it reaches $10000. Where's the limit in price growth? Keeping btc forever won't make any sense, for one has to spend something he/she has. Otherwise having money doesn't make any sense and is actually worth nothing.Holding all my bitcoins for next round of bull run.....
You can spend BTC of course.However I would make sure to replace the spent BTC as fast as possible as the price will probably continue moving up in the future.
In it's actual stage BTC is more like an investment with awesome ROI and a safe haven asset. You can use it as currency of course but it doesn't make much sense imo at the moment. Before this will could be done without having the feeling of missing the train, Bitcoin needs mass adoption and a price which is significantly higher before showing any signs of "stability". Bitcoin has to the potential to reach 6 figures in long term, speaking in 10 years imo. Once we hit exponential phase of s-curve adoption, expect a wild upwards ride. Nobody wants to miss that, that's why there are so many hodlers out there!
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