bitcoin will return to the heyday?$10.000? why?

Amph

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Quote from: LFC_Bitcoin on November 02, 2015, 07:44:11 AM

Quote from: isvicre on November 02, 2015, 07:41:33 AM

$10.000 price is not impossible but simply unimaginable right now.
We need tons and tons of bitcoin businesses to make this happen. It is too early.

I agree that it's too early but definitely possible in time. People talking about 1 million USD bitcoin's are a bit fanatical at the moment but 10,000 USD bitcoin's could definitely be a reality within say 10 years.

remember that the growth is exponential, or at least it should be, every new spike or big bubble will shoot us into the sky, with two new big bubbles we might already be there in the 10k range

Republic of Coin

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The price of bitcoin may go to $10,000 in 5-7 years. It will not be so high in the next three years. We need more adoption.

tiggytomb

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It would be good to reach that level but it won't be any time soon, could be a good few years yet or a major event that destroys the banks.

smith coins

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In the other thread some pretends that the price will reach 1 Million.
There are many factors to boos the bitcoin price in upcoming years.
Some of them are, block size, advertisement, how much is implemented in big stores etc.

LFC_Bitcoin

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Quote from: isvicre on November 02, 2015, 07:41:33 AM

$10.000 price is not impossible but simply unimaginable right now.
We need tons and tons of bitcoin businesses to make this happen. It is too early.

I agree that it's too early but definitely possible in time. People talking about 1 million USD bitcoin's are a bit fanatical at the moment but 10,000 USD bitcoin's could definitely be a reality within say 10 years.

isvicre

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$10.000 price is not impossible but simply unimaginable right now.
We need tons and tons of bitcoin businesses to make this happen. It is too early.

gentlemand

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Welt Am Draht

Campbx managed a $9700 sale so the heyday lasted for a fraction of a second before someone went totally batty and smashed up their computer when they realised what happened.

LFC_Bitcoin

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The OP might not have a good grasp of English, let's stop pulling him apart shall we?

A return to bitcoin's heyday - He just means bitcoin to return to a time when it was in the media during a massive pump & positive way.

$10,000 is possible but maybe not until around 2020 or something.

LMGTFY

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Quote from: CrimBit on November 02, 2015, 01:52:31 AM

Quote from: Q7 on October 31, 2015, 07:24:57 AM

did I miss something over here? Heyday to my understanding indicated the good old days when and where it were and since bitcoin never touches 10000, how is that going to reflect things accurately in the first place? Probably at best, we should right now aim for the 1000 level that we achieved previously before we start thinking of something else.

please look your above coment

Just to be clear, I'm not suggesting that 21 August 2015 was Bitcoin's heyday, nor that Localbitcoins should be taken too seriously as a tool for price discovery.

Like other posters, I took "heyday" to refer to late 2013, when BTC/USD was approaching/reaching $1000 on multiple exchanges.

Localbitcoins isn't an exchange - it brings together traders wanting to make over-the-counter trades. There tends to be a premium for OTC trades. Some of those trades are "person-to-person" (P2P), and attract an additional premium (presumably for the anonymity cash trades provide). The >$10k trade we saw on 21 August was most likely a product of a P2P trade. (I can only speculate what the buyer's motivation was).

CrimBit

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Quote from: Q7 on October 31, 2015, 07:24:57 AM

did I miss something over here? Heyday to my understanding indicated the good old days when and where it were and since bitcoin never touches 10000, how is that going to reflect things accurately in the first place? Probably at best, we should right now aim for the 1000 level that we achieved previously before we start thinking of something else.

please look your above coment

Q7

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did I miss something over here? Heyday to my understanding indicated the good old days when and where it were and since bitcoin never touches 10000, how is that going to reflect things accurately in the first place? Probably at best, we should right now aim for the 1000 level that we achieved previously before we start thinking of something else.

LMGTFY

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Quote from: zimmah on October 31, 2015, 07:04:24 AM

Quote from: Dilla on October 31, 2015, 12:11:33 AM

Return to $10k? What did I miss?

the tardis

Localbitcoins caused an inter-dimensional shift! ( >$10k on 21 August 2015).

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Quote from: Dilla on October 31, 2015, 12:11:33 AM

Return to $10k? What did I miss?

the tardis

troleybüs

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When Bitcoin passed 300$ everybody think it goes to 10.000$ again. The psychology of a sheep. In the reality, Bitcoin just passed 300$ which is only half price of last year.

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Quote from: Mickeyb on October 31, 2015, 04:31:32 AM

Yes, how can it return to $10,000 when it was never there in the first place?

The title of this thread says so, so it must be true.

1Referee

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Quote from: Nahl on October 30, 2015, 09:57:07 PM

this is my wish someday...
but for reached $10.000 i think is very hard and perhaps that is impossible

Nothing is impossible when it comes to Bitcoin. It may take 10-20 years to reach that price, if ever. I am fairly sure that we will see a new ATH in the comming years. Let it be in 5 years. I have enough patience and trust in Bitcoin to hold my coins for plenty of years.

OmegaStarScream

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Quote from: r0ach on October 31, 2015, 12:01:51 AM

Yes, Bitcoin will return to $10,000 just like the good old days.

What old days lel , max Bitcoin reached was in 2013 with a vaue of 1300$ per BTC or something like that , However we will reach 10k $ for sure if you ask me , this may take couple of halving block rewards though (which means next year and the 2020 one) . In fact that's the price that I'm willing to sell my Bitcoins for but if it happens too fast , I may keep it for more time .

Mickeyb

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Move On !!!!!!

Quote from: Dilla on October 31, 2015, 12:11:33 AM

Return to $10k? What did I miss?

Yes, how can it return to $10,000 when it was never there in the first place?

But there is no doubt in my mind that one day, Bitcoin will reach $10,000. I wouldn't count on this happening before 2020 though. For this price to be reached, we need a lot more development and huge adoption from the outside world. And all of this simply takes time!

Dilla

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Return to $10k? What did I miss?

r0ach

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Yes, Bitcoin will return to $10,000 just like the good old days.

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