Bitcoin price hits $100 000 in 2017 | Bitcointalksearch.org

rjclarke2000

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Quote from: Biodom on November 19, 2016, 05:53:32 PM

Quote from: rjclarke2000 on November 19, 2016, 05:37:46 PM

100k?

Not a chance.....but if it did I would be retiring 30+ years premature for sure.

I agree that 1k would be a good target for 2017.

what is good about retiring at 30-35, unless you absolutely hate your job.
Retiring at 30=life filled with boredom.

Ok, I should rephrase and say that I would continue my passion of building, renovating and wiring houses but for myself and my own properties instead of Mrs bloggs house down the road. I am my own boss now but I dream of working on my own projects for myself.

Still a job, yes....but not working at the coal face so to speak.

Biodom

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Quote from: rjclarke2000 on November 19, 2016, 05:37:46 PM

100k?

Not a chance.....but if it did I would be retiring 30+ years premature for sure.

I agree that 1k would be a good target for 2017.

what is good about retiring at 30-35, unless you absolutely hate your job.
Retiring at 30=life filled with boredom.

rjclarke2000

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100k?

Not a chance.....but if it did I would be retiring 30+ years premature for sure.

I agree that 1k would be a good target for 2017.

JimboToronto

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You're never too old to think young.

I won't comment on the ridiculousness of $100k in 2017 but if it reached say $10k by 2020, I'd probably spend a few coins to buy some dollars to trade for what I couldn't buy with bitcoins.

The rest would stay where it is now, safe and sound in offline wallets.

sakinaka

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Nothing, absolutely nithing, would be big enough for such a price to be reach in the next year. Even all the economical crisis that happened thought the history reunited wouldn't be enough.

rally

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Quote from: hawkins on November 19, 2016, 02:08:55 PM

although not impossible, but in reality it is a difficult thing to achieve bitcoin in 2017. Well, I guess there is no potential in 2017 which could lift the price of bitcoin be $ 10,000, especially if the price of bitcoin be $ 100,000. Well, the expectation was too high, I just hope that the price of bitcoin in 2017 can be stabilized at a price of $ 1,000 or more

100000 is indeed much too high. But around 1000 should be possible i think. If you see that the price went the last months up to a good 700.
But if one day (you never know) we reach the 100000. I think i should sell 1BTC and buy some presents for myself and my kids. Things i don't have the money for at this moment. I should be great. The rest i should keep for ... you never know where we arrive.
Maybe if Trump brings out some good news around bitcoin. Than everything is possible.

Biodom

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Quote from: OROBTC on November 18, 2016, 10:38:04 PM

...

It is extremely unlikely that Bitcoin could reach a price of over, say, $3000 in 2017.

There are way too many people who would sell at $1200 - $1400 (over its previous all-time high) vs. potential new buyers. I see nothing in the current dynamics of BTC mining, BTC demand, and BTC acceptance by merchants to give me hope of a huge & majestic move to very high numbers in a year or so.

However...

It is very possible that in the next 2 - 5 years (or so) that BTC demand could take off as more people get into it (and we hope) more merchants will accept BTC as payment. The long-term prospects are not bad at all (that assumes, of course, that BTC does NOT have a fatal flaw nor that a new coin does not destroy it).

$100,000 per Bitcoin could come, but not until demand goes UP and the mining reward gets slashed in half again. But, this is all unknowable...

Of course, 100K in 2017 is unrealistic, but quite possible in the log run.
At 100K, bitcoin would still be just 29% of gold above ground value.
I am sure that sidechain could be developed for everyday transactions.
say, "coin" or "btc light" exchanged at fixed 1:100000 to btc.
Then, such "coin" would be $1-a practical value for everyday purchases.
You would have 10-200 coins on your phone.
BTW, I am fully ware about bits (1:1000000), but they are smallish.

lolikop

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Op is on bath salts 100k? Lol maybe in 3017 we can see that price in the cementary

ArdiPrabowo

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Quote from: hawkins on November 19, 2016, 02:08:55 PM

although not impossible, but in reality it is a difficult thing to achieve bitcoin in 2017. Well, I guess there is no potential in 2017 which could lift the price of bitcoin be $ 10,000, especially if the price of bitcoin be $ 100,000. Well, the expectation was too high, I just hope that the price of bitcoin in 2017 can be stabilized at a price of $ 1,000 or more

iam aggre with you about say bitcoin price in stable 1000dollar in 2017
but your say bitcoin price can incraese to 10k or 100k every one bitcoin posible (not imposible your write, is good site is nothing imposible)
iam say very imposible only speculation without analys if bitcoin price can reach to 100k dollar/bitcoin

hawkins

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although not impossible, but in reality it is a difficult thing to achieve bitcoin in 2017. Well, I guess there is no potential in 2017 which could lift the price of bitcoin be $ 10,000, especially if the price of bitcoin be $ 100,000. Well, the expectation was too high, I just hope that the price of bitcoin in 2017 can be stabilized at a price of $ 1,000 or more

shinratensei_

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Quote from: iqlimasyadiqa on November 18, 2016, 11:32:22 PM

Quote from: BlackPanda on November 18, 2016, 11:23:05 PM

I think it is a difficult thing. probably bitcoin could reach 2,000 USD in 2017. I strongly believe that in 2017 the price of bitcoin will rise high enough.

absolutely right, it is a number that is too high. 100,000 USD is too big and looks impossible. an increase in the price of bitcoin is pretty good, but all is not as easy as imagined and predictable.

The speculation and prediction were meaning nothing.

davis196

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Quote from: Kprawn on November 18, 2016, 11:29:17 AM

Let's say something happens in 2017 and Bitcoin's price per bitcoin reach $100 000 per bitcoin, what would you do first? I know most people

would sell at that price, but who would do the buying? Security will have to be your first concern, because at that price... Bitcoin will garner a

lot of attention from hackers and scammers.

Would Bitcoin reach a price, where it is simply not economically viable to buy it... { even if you buy only a few Satoshi's }

A lot of people {those who did not do their research} seem to think, bitcoins can only be bought as a whole unit.. 1 bitcoin at a time. I think,

as the price rise, we should emphasize the fact that you can buy fractions of a bitcoin. Some of my friends thought you can only buy whole

bitcoins, and they only started buying, when I explained it to them. We have our work cut out for us, when Bitcoin reach higher price

brackets. Grin

If this is a stable growth,there`s no problem for people to buy at that price.

If this is a speculation bubble,nobody will buy because this will be a 100% loss,when the price collapse.

We need to fight with scammers and hackers and make bitcoin even more secure.

Yuuto

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If you are willing to sell at $100k but nobody is willing to buy that means the price isn't at $100k lol. Common sense there. I think it is 99.9999% impossible for that to happen, however anything can happen. Fiat could collapse next year. Something wrong could go with the mortgage market again and create a catastrophic financial crisis. Who knows.

If fiat is worth 1/100 of its previous value it would only make sense that bitcoin is more than 100k.

Huge Black Woman

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Ain't no way BTC is hitting 100K next year, at least hopefully not. If that happened, you know Trump done dropped the A-bomb on one of the bigger countries. Probably Israel. Or his wig done got stuck on the stinky end of the poop stick, if you know what I mean. For bitcoin to have exploded up that high, the world would have to be in trouble. Like zombies rising from their graves type o' trouble. Like a loaf of bread being $1,000,000,000 type o' trouble.

But let's say that wasn't the case. Hell to the yes I'd be selling my bitcoin. I'd buy me a new toaster.

iqlimasyadiqa

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Quote from: BlackPanda on November 18, 2016, 11:23:05 PM

I think it is a difficult thing. probably bitcoin could reach 2,000 USD in 2017. I strongly believe that in 2017 the price of bitcoin will rise high enough.

absolutely right, it is a number that is too high. 100,000 USD is too big and looks impossible. an increase in the price of bitcoin is pretty good, but all is not as easy as imagined and predictable.

BlackPanda

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I think it is a difficult thing. probably bitcoin could reach 2,000 USD in 2017. I strongly believe that in 2017 the price of bitcoin will rise high enough.

choppork

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Quote from: Kprawn on November 18, 2016, 11:29:17 AM

Let's say something happens in 2017 and Bitcoin's price per bitcoin reach $100 000 per bitcoin, what would you do first?

Sell some of my coins just enough to start a business in real life. That would be an investment for me. It's quite hard to sell all our coins at that point because it might pump even more in the future. You don't want to sell all your coins and then see other people enjoying even much more higher price the next time you visit.

pooya87

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Quote from: Kprawn on November 18, 2016, 11:29:17 AM

Let's say something happens in 2017 and Bitcoin's price per bitcoin reach $100 000 per bitcoin, what would you do first? I know most people would sell at that price, but who would do the buying? Security will have to be your first concern, because at that price... Bitcoin will garner a lot of attention from hackers and scammers.
Would Bitcoin reach a price, where it is simply not economically viable to buy it... { even if you buy only a few Satoshi's } A lot of people {those who did not do their research} seem to think, bitcoins can only be bought as a whole unit.. 1 bitcoin at a time. I think, as the price rise, we should emphasize the fact that you can buy fractions of a bitcoin. Some of my friends thought you can only buy whole bitcoins, and they only started buying, when I explained it to them. We have our work cut out for us, when Bitcoin reach higher price brackets. Grin

this is never going to happen and certainly it will never happen in one year -till 2017- since there is no reason for why that many people start buying bitcoin besides bitcoin network can not handle that many people yet, so maybe in a couple of years.
and as for buying there is always option to buy a fraction of bitcoin which is also going as small as 1 satoshi (10e-8) what else do you want

coinableS

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Maybe.

On 5 November 2007, A shares of Petrochina on the first day of trading after its IPO on Shanghai Stock Exchange skyrocketed from the IPO price of 16.7 RMB to 43.96 RMB by the close (the opening price was even 48.6 RMB). That gave a market capitalization of about $1 trillion.

Bitcoin with a 1 trillion dollar market cap would be $62,500 per coin (assuming there are 16 million coins).

traderethereum

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its too far to reach that price but if we are only imagine first, then i will do selling my bitcoin for the mostly amount i have, and then i will buy house for me. i am sure that there are still many people will be buying bitcoin but for buying 1 bitcoin in one order buy, i think its only few people will do it, the rest maybe will buy with small satoshi.

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