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Topic: Bitcoin Price Increase Per Year - page 2. (Read 631 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
December 03, 2017, 03:49:59 AM
#8
satisfy? haha, people are never satisfied. that is the greediness in human nature and we are all like this. some more than others. and because of that if you have 1 then you want 2, if price is $1000, you want it to be $10,000 and so on.

the rise and how much it is, have nothing to do with your main subject though! the rise happens only because of supply and demand of bitcoin. since the demand is constantly rising, the price rises with it too. and how much of it depends on how much adoption grows that year.
for example this year we had a mass adoption take place in Japan and on some smaller scale in a couple of other countries. we also had a couple of big news this year including scaling solutions and major mainstream adoption by NASDAQ.
hero member
Activity: 770
Merit: 500
December 03, 2017, 02:56:17 AM
#7
I think you are in a shock state seeing bitcoin's sudden surge in price. You know whats the current world population? Its nearly around 7585359140 and the total supply of bitcoin is 21million. Just imagine if the everyone decides or wants to own a portion of bitcoin, then what will be its price. Bitcoin is getting popular day by day and that's the only reason for its price increase. The logic behind this simple. When the demand increases and the supply is limited, then definitely its price will also increase with the demand.
full member
Activity: 280
Merit: 111
December 03, 2017, 01:32:27 AM
#6
10,000 dollars for some people is just like pocket money, people are desiring that the value of Bitcoin goes up even higher than what it is now. Now the question is how much will the price rise up in coming years, I would say that Bitcoin could go up to 10,000 dollars in the next 2 years. Currently cannot say would Bitcoin reach 50,000 dollars in next three or four years and also I think it is not possible because the price gap is too much.
copper member
Activity: 490
Merit: 105
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December 03, 2017, 01:22:51 AM
#5
The price has tremendously increased this year and every bitcoin holder would be feeling very happy about it. I am not holding a big amount but wish I could somehow collect 1 BTC . My prediction is that BTC will reach $50k in the next 5 years. There are many big investors who are investing in BTC these days and with the growing demand and limited supply the price might skyrocket just in a few years. It would be best to collect as much BTC as possible now as it will be tougher later to acquire more BTC.
hero member
Activity: 1190
Merit: 534
December 03, 2017, 01:20:36 AM
#4
There is a reason for the rise in the price every year, the supply is reducing every year and on the other hand, the demand is rising due to various reasons including the realization of the hidden potential of blockchain based crypto-currencies. If I am not wrong, then Bitcoin is rising continuously every year with the exception of the single year and I believe that it will perform very well in the long run. For me, I think 1 BTC should be enough to have a stable financial lifestyle in next 10 years.
full member
Activity: 196
Merit: 109
December 02, 2017, 11:55:52 PM
#3
You say "even $10,000 is a lot of money", while this is true, there are still hundreds of millions of people who think this amount is just pocket money, and are aiming at a much bigger profit. And the same logic is applicable to a price of $100,000.
I think you underestimate the greed of people when it comes to money. I worked in sports betting before, and we had customers depositing 500 Euros and winning until they go up to 15,000 EUR, when they reach this amount, they won't withdraw and try to earn more, aim at 20k or 30k and end up losing all.
Of course cryptos is not gambling, but just to tell you how human nature is.
I am sure some people have 1 million dollars in their wallets right now but are waiting for Bitcoin's price to at least double and reach the twenty or thirty thousands before cashing out.
sr. member
Activity: 322
Merit: 250
December 02, 2017, 01:31:29 PM
#2
Bitcoin has went up a lot.  People talk about bitcoin now hitting 50k or 100k.  And some even mention 500k or 1 million.


Now if you put 10k in anything, i know 10 percent is very good as a bank gives less than 1 percent.  I believe if you could make 10 percent in stocks in a year, that is great.  But 10k only nets you 1000.  With how much bitcoin has gone up and people talking about bitcoin being 20k, 50k, 100k, 500k and 1 million in the future, how much in price increase with bitcoin per year would satisfy most bitcoin holders/investors?


If bitcoin on average say goes up 5000 usd every year, would most investors be happy happy?  Thus 10k, then 15k, 20k etc?  That would be a 50 percent roi, then 33 percent roi and then it would keep lowering.  But it would still increase 5k a year.  Would most bitcoin holders take that immediately?  Obviously if bitcoin never went up that much recently, then of course.  But with how much bitcoin has risen, are bitcoin holders/investors wanting that 10k to go to 30k or 50k in a year now?  In a way its making us want it to go higher than we even expect it to be.


What about it going up by 50 percent every year?  Thus a 50 percent roi every year?  Thus goes from 10k to 15k then 22500 then 33750 then about 50k etc.  Would most people here gladly take this?  Would there be people here that would not be satisfied with it since many want to to 5x, 10x, 50x, 100x etc?  I feel like if you have a decent amount of btc, almost everyone would take it.  But you have very little btc, its not worth it.


Also when i hear bitcoin being 50k or 100k or 500k or 1 million in the future... i mean one guy said he think btc hit 500k in 3 years but now says 1 million.  If thats the case, let say 500k... that btc would go from 10k to 50k to 150k to 500k... something like that right?


The other thing is if btc did went up to 100k... i mean could you imagine the daily swings?  I mean btc could go from 100k to 90k in one day or more.  That would be insane.  Because the higher the price, the bigger the dollar swings right?


Also im curious but when will people cash out their bitcoin?  If you have very little, i could understand you not cashing out until it hits 50k or more etc.  But you have a have say a decent amount... let just say 5 or more... i mean who here would not cash it out if it were to hit 500k?  That would be 2.5 million dollars.  Actually since btc is up to 10k already, even 1 btc is a lot of money already.  I mean how many people even have at least 1 btc?


But im curious what would make the general bitcoin holder/investor happy in terms of price increase.  I mean if it doubles every year, surely everyone would take that right... those who own a decent amount?  I mean if you have 1 btc, you would be ecstatic if it doubles right?


A lot of text, but the general meaning is clear. The question could be included in one sentence) what to do when bitcoin grows 10 times more? What's the difference, invest and happiness will come to you. Maybe while you were writing this text, you could earn a fortune) Wink
full member
Activity: 1750
Merit: 186
December 02, 2017, 01:21:15 PM
#1
Bitcoin has went up a lot.  People talk about bitcoin now hitting 50k or 100k.  And some even mention 500k or 1 million.


Now if you put 10k in anything, i know 10 percent is very good as a bank gives less than 1 percent.  I believe if you could make 10 percent in stocks in a year, that is great.  But 10k only nets you 1000.  With how much bitcoin has gone up and people talking about bitcoin being 20k, 50k, 100k, 500k and 1 million in the future, how much in price increase with bitcoin per year would satisfy most bitcoin holders/investors?


If bitcoin on average say goes up 5000 usd every year, would most investors be happy happy?  Thus 10k, then 15k, 20k etc?  That would be a 50 percent roi, then 33 percent roi and then it would keep lowering.  But it would still increase 5k a year.  Would most bitcoin holders take that immediately?  Obviously if bitcoin never went up that much recently, then of course.  But with how much bitcoin has risen, are bitcoin holders/investors wanting that 10k to go to 30k or 50k in a year now?  In a way its making us want it to go higher than we even expect it to be.


What about it going up by 50 percent every year?  Thus a 50 percent roi every year?  Thus goes from 10k to 15k then 22500 then 33750 then about 50k etc.  Would most people here gladly take this?  Would there be people here that would not be satisfied with it since many want to to 5x, 10x, 50x, 100x etc?  I feel like if you have a decent amount of btc, almost everyone would take it.  But you have very little btc, its not worth it.


Also when i hear bitcoin being 50k or 100k or 500k or 1 million in the future... i mean one guy said he think btc hit 500k in 3 years but now says 1 million.  If thats the case, let say 500k... that btc would go from 10k to 50k to 150k to 500k... something like that right?


The other thing is if btc did went up to 100k... i mean could you imagine the daily swings?  I mean btc could go from 100k to 90k in one day or more.  That would be insane.  Because the higher the price, the bigger the dollar swings right?


Also im curious but when will people cash out their bitcoin?  If you have very little, i could understand you not cashing out until it hits 50k or more etc.  But you have a have say a decent amount... let just say 5 or more... i mean who here would not cash it out if it were to hit 500k?  That would be 2.5 million dollars.  Actually since btc is up to 10k already, even 1 btc is a lot of money already.  I mean how many people even have at least 1 btc?


But im curious what would make the general bitcoin holder/investor happy in terms of price increase.  I mean if it doubles every year, surely everyone would take that right... those who own a decent amount?  I mean if you have 1 btc, you would be ecstatic if it doubles right?

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