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Topic: Bitcoin price! really dude? - page 4. (Read 5350 times)

hero member
Activity: 1456
Merit: 624
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October 20, 2016, 01:26:22 PM
#52
1k value is more possible to happen than the 3k value .. maybe in the future but it takes a long time before we can experience that bitcoin will hit 3k value.. for now we are waiting for the price to hit even 700 value before end of the this year and 2017 is a new price goal like 1k value..
legendary
Activity: 3010
Merit: 1280
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October 20, 2016, 12:34:59 PM
#51
There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath
The way the price reached the all time high back then so easily, has made a lot people think it's possible to happen once again.

They don't know how much money and effort is needed to get the price to reach $1000 again.

It's much better to focus on the price to increase per $100 at a time instead of directly speaking of a new all time high.

sigh

https://bitcointalksearch.org/topic/m.16217771
What sigh... Is it not clear enough what I have said or do you think I am totally off side with what I was saying?

An explanation would be nice since I am quite right with what I have said.

sigh because you guys keep repeating the same false logic over and over.

yes, we need more dollars for the price to increase the more bitcoin there are, and the higher the price is, the harder it becomes for it to go even higher.

But what you are forgetting is that userbases tend to grow exponentially, as shown in the post I linked.

Look at the adoption of ANYTHING and you will see exponential adoption.

And that effect only gets magnified by Metcalfe's Law https://en.wikipedia.org/wiki/Metcalfe%27s_law

Because of these two things, you'd expect the price to rise as an exponential function of an exponential function, which is exactly how the price has risen in the past, each and every time.

And it will continue to do so until we have reached the ceiling of user adoption, and as far as 'm concerned, we're not even close to the ceiling. As I expect bitcoin to be used by at least about a billion users. So we have a long way to go still, and it won't take decades to reach it.

Lol this is speculation thread, what would you expect?  No need to argue here because all speculation is wrong until proven or vice versa.  Anyway I agree that there is a mass adoption of bitcoin so seeing 100 USD is far from happening.  But seeing Bitcoin at 1k USD is far from happening too.  Though both would possibly happen, but it depends on what will happen next.
full member
Activity: 140
Merit: 100
October 20, 2016, 09:42:18 AM
#50
700 900 3k 4k lol al that speculation

I don't think it will ever hit 3k but 1k 2017/2018 is possible
yes i also think so that bitcoin will really cross 1k  but not so late, hope that bitcoin is going to cross 1000 USD level just in the end of 2016 or in the starting months of 2017.
hero member
Activity: 924
Merit: 505
October 20, 2016, 09:01:14 AM
#49
700 900 3k 4k lol al that speculation

I don't think it will ever hit 3k but 1k 2017/2018 is possible
Me too i think  next year or in the next will hit 1k per bitcoin but now the price is playing at 600$-650$ its too stable. So i think before the end of the year bitcoin goes up. But the 3k price its hard to hit that maybe in the next 5years before bitcoin hit that price. So we will wait that time to hit bitcoin price til 1k. Hope it will happen next year for we to get profit.
legendary
Activity: 1960
Merit: 1026
October 20, 2016, 04:02:45 AM
#48
as you say, I agree $1k in 2017/2018 because I think $1k is a realistic price and the price ever touch $1k, so it is likely touch back to $1k and it's possible. while $3k or higher it appears unrealistic and difficult to achieve.
sr. member
Activity: 406
Merit: 250
October 20, 2016, 03:28:29 AM
#47
We'll hit 1K by end of this year, 2016.

One caveat: my predictions have ALL been wrong, so far.
I really thought that it was possible for the bitcoin to rise to $1000 this year but it has not happened and we do not have much time left in 2016.
I do not think that it will happen with in 2016 but it will happen in 2017.
sr. member
Activity: 420
Merit: 250
October 05, 2016, 09:28:24 AM
#46
I want the price of the Bitcoin to reach $1000 soon because I am looking forward to sell some of mine Bitcoin for that price. I hope that the Bitcoin can still rise in 2016.
If not then we have to wait for 2017 to come by and see what then is going to happen.
sr. member
Activity: 298
Merit: 250
September 12, 2016, 03:10:35 AM
#45
the price of the bitcoin for now is 609 dollar and i think that he only will rise allot after the halving and that is not strange because the halving only affects the miners and not the peopel who are sellign coins.
legendary
Activity: 1106
Merit: 1005
September 11, 2016, 04:32:12 PM
#44
There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath
The way the price reached the all time high back then so easily, has made a lot people think it's possible to happen once again.

They don't know how much money and effort is needed to get the price to reach $1000 again.

It's much better to focus on the price to increase per $100 at a time instead of directly speaking of a new all time high.

sigh

https://bitcointalksearch.org/topic/m.16217771
What sigh... Is it not clear enough what I have said or do you think I am totally off side with what I was saying?

An explanation would be nice since I am quite right with what I have said.

sigh because you guys keep repeating the same false logic over and over.

yes, we need more dollars for the price to increase the more bitcoin there are, and the higher the price is, the harder it becomes for it to go even higher.

But what you are forgetting is that userbases tend to grow exponentially, as shown in the post I linked.

Look at the adoption of ANYTHING and you will see exponential adoption.

And that effect only gets magnified by Metcalfe's Law https://en.wikipedia.org/wiki/Metcalfe%27s_law

Because of these two things, you'd expect the price to rise as an exponential function of an exponential function, which is exactly how the price has risen in the past, each and every time.

And it will continue to do so until we have reached the ceiling of user adoption, and as far as 'm concerned, we're not even close to the ceiling. As I expect bitcoin to be used by at least about a billion users. So we have a long way to go still, and it won't take decades to reach it.
legendary
Activity: 1526
Merit: 1179
September 11, 2016, 03:27:57 PM
#43
There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath
The way the price reached the all time high back then so easily, has made a lot people think it's possible to happen once again.

They don't know how much money and effort is needed to get the price to reach $1000 again.

It's much better to focus on the price to increase per $100 at a time instead of directly speaking of a new all time high.

sigh

https://bitcointalksearch.org/topic/m.16217771
What sigh... Is it not clear enough what I have said or do you think I am totally off side with what I was saying?

An explanation would be nice since I am quite right with what I have said.
legendary
Activity: 1106
Merit: 1005
September 11, 2016, 03:23:22 PM
#42
There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath
The way the price reached the all time high back then so easily, has made a lot people think it's possible to happen once again.

They don't know how much money and effort is needed to get the price to reach $1000 again.

It's much better to focus on the price to increase per $100 at a time instead of directly speaking of a new all time high.

sigh

https://bitcointalksearch.org/topic/m.16217771
hero member
Activity: 938
Merit: 503
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September 11, 2016, 12:47:23 PM
#41
We'll hit 1K by end of this year, 2016.

One caveat: my predictions have ALL been wrong, so far.

eventually it will come true.    

I think there's still a reasonable chance for the price to reach ~$5000 by Q4 2016.

I think you are ready for the ignore button, $5k in the next 3 months is beyond stupid. However, I expect a new all time high before the years end.

$5000 to happen this year is indeed beyond insane, but a new ATH this year isn't that realistic either... It would mean that the price needs to go up like 100% while I don't even believe the price will come close to $1000 this year.

Earlier this year, we were expecting price to reach @1000 or more. but it did not happen. So now in just 2 months how can bitcoin price can reach to $5000. I think if it reaches $800, it will be good.
legendary
Activity: 1526
Merit: 1179
September 11, 2016, 12:14:33 PM
#40
There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath
The way the price reached the all time high back then so easily, has made a lot people think it's possible to happen once again.

They don't know how much money and effort is needed to get the price to reach $1000 again.

It's much better to focus on the price to increase per $100 at a time instead of directly speaking of a new all time high.
legendary
Activity: 2590
Merit: 1022
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September 11, 2016, 11:35:19 AM
#39
There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

yeah but that was fake, was made artificially high with a scam system and a bot, from chinese, i don't think it's that easy to reach 5k, which is x5 higher than the last ath
hero member
Activity: 560
Merit: 502
September 11, 2016, 11:29:01 AM
#38

$5k price of bitcoin is  truly insane and  too unrealistic speculation. Thats hwy we are in these  thread of  Speculation to state our opinion but its not right  to say something thats  beyond too far to happen. As we can see the bitcoin price as of on it even  can hardly surpass $700+ how much more on $5k on the end of the year which is  really unbelievable.
$1000 for Bitcoin is 2013 was insane as well. I doubt that we will see any dramatic price shift until next halving in 2020.
Bitcoin would be sitting stable on $700 if not that Bitfinex hack.
hero member
Activity: 672
Merit: 500
September 11, 2016, 11:19:37 AM
#37
We'll hit 1K by end of this year, 2016.

One caveat: my predictions have ALL been wrong, so far.

eventually it will come true.     

I think there's still a reasonable chance for the price to reach ~$5000 by Q4 2016.

I think you are ready for the ignore button, $5k in the next 3 months is beyond stupid. However, I expect a new all time high before the years end.

$5000 to happen this year is indeed beyond insane, but a new ATH this year isn't that realistic either... It would mean that the price needs to go up like 100% while I don't even believe the price will come close to $1000 this year.

$5k price of bitcoin is  truly insane and  too unrealistic speculation. Thats hwy we are in these  thread of  Speculation to state our opinion but its not right  to say something thats  beyond too far to happen. As we can see the bitcoin price as of on it even  can hardly surpass $700+ how much more on $5k on the end of the year which is  really unbelievable.

There are plenty of these kind of topics here. I have to say it make no sense to even think of such a figure while we win fact just encountered a huge drawback.
The price at this moment will become more stable because with the next halving so long away I don't expect any miracles in this regard.
legendary
Activity: 3094
Merit: 1127
September 10, 2016, 10:34:23 PM
#36
We'll hit 1K by end of this year, 2016.

One caveat: my predictions have ALL been wrong, so far.

eventually it will come true.    

I think there's still a reasonable chance for the price to reach ~$5000 by Q4 2016.

I think you are ready for the ignore button, $5k in the next 3 months is beyond stupid. However, I expect a new all time high before the years end.

$5000 to happen this year is indeed beyond insane, but a new ATH this year isn't that realistic either... It would mean that the price needs to go up like 100% while I don't even believe the price will come close to $1000 this year.

$5k price of bitcoin is  truly insane and  too unrealistic speculation. Thats hwy we are in these  thread of  Speculation to state our opinion but its not right  to say something thats  beyond too far to happen. As we can see the bitcoin price as of on it even  can hardly surpass $700+ how much more on $5k on the end of the year which is  really unbelievable.
hero member
Activity: 1204
Merit: 500
September 10, 2016, 09:50:54 PM
#35
so much speculation that people say, but the price I wait for the moment is when the bitcoin prices rose to $ 1,000, and it would be very good if bitcoin prices rise when the end of this year. most likely it will make a very significant impact in subsequent years. but, whatever was said, we can only see the end at the end of the year
legendary
Activity: 1106
Merit: 1005
September 10, 2016, 04:33:03 PM
#34
1k mid 2017 is very possible. In fact, I think we might hit 1.5k by the next halving.

Honestly we would be in the 1k+ area by now or by November if the Bitfinex hack didn't happen.
Next halving will be after almost 4 years from now, so price may even hit $2k by that time or even higher. Yes it is quite sure that if bitfinex didn't have got hacked recently we may have already crossed $1k by now.

you guys dropped a zero or 3.    

seriously, by the next halving, bitcoin shouldn't be anywhere near the $2000 range.

completely ridiculous to expect such a slow rise.

You guys need to stop thinking with your feelings, and start thinking mathematically.

Seriously you guys analyze like woman.

700 900 3k 4k lol al that speculation

I don't think it will ever hit 3k but 1k 2017/2018 is possible

Well, people scoffed and lol'ed back in the day when others speculated bitcoin price would reach such ridiculous highs of  $1, $10, $100, etc.

that's because they keep thinking with what they 'feel' is right, instead of actually doing the math.

stop 'thinking' with your feelings.

There is really no limit on where the price will go. It could take 20 years, but I don't think $5000 per bitcoin is impossible. In fact, we've already seen the price go over $1000 a couple of years ago.

exactly, and when that happened the ATH before that was like $260 or so, and it was even like $30 in that very same year.

And then people call me retarded because they don't believe it will eventually happen again.

All while saying 'bitcoin will rise slowly, and in the next 10 years we will reach $2000'    

BITCOIN HAS NEVER INCREASED IN PRICE SLOWLY, WHY WOULD IT DO SO NOW. Seriously, look at the charts and show me one time we have reached the ATH by a slow rise.

Bitcoin has about 3 modes which it has historically shown:

1) Rocket, a few months of accelerating price increase. Which always result in prices that seems ridiculous just a few months before.
2) Fall. Usually a few months after 'rocket' mode, a sharp decrease in price, often followed by a few weeks of volatility.
3) Sideways. Long periods in between the above two modes, where the price doesn't increase or decrease by a lot.

We seem to be transitioning from mode 3 to mode 1.
legendary
Activity: 1414
Merit: 1000
September 10, 2016, 11:52:51 AM
#33
We'll hit 1K by end of this year, 2016.

One caveat: my predictions have ALL been wrong, so far.

eventually it will come true.    

I think there's still a reasonable chance for the price to reach ~$5000 by Q4 2016.

I think you are ready for the ignore button, $5k in the next 3 months is beyond stupid. However, I expect a new all time high before the years end.

$5000 to happen this year is indeed beyond insane, but a new ATH this year isn't that realistic either... It would mean that the price needs to go up like 100% while I don't even believe the price will come close to $1000 this year.

I would agree with you if not for the halving that just occurred. Because of that, don't assume more of the same.
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