Topic: Bitcoin will surge to $25,000+ - page 3. (Read 3246 times)
Like I said in the other thread, thats impossible by now. The bitcoin network dont have enough structure to provide that massive adoption. 25,000 will mean the global bankup and the replacement of the entire economy system.
Having hope is good but 25k is a very high amount considering current price, $1000 itself was a major achievement for btc even a 2.5k would be a major event for btc right now, so 25k doesn't seems something that we will see soon maybe in a decade?
It isnt realistic at all considering and hoping for that price on a short period of time and surely it takes how many years to reach that amount and as you said we are just on 1000 price and even reaching 2k is soo hard and even we didnt know when it would reach that price point. 
Having hope is good but 25k is a very high amount considering current price, $1000 itself was a major achievement for btc even a 2.5k would be a major event for btc right now, so 25k doesn't seems something that we will see soon maybe in a decade?
25k Is not realistic. Not even close to realistic. At best we can see a steadily grow to perhaps 1500 - 2000. With more years to come and the halving in 2020 i hope to see the price around 3/4k, but I am well aware this is not realistic.
More economic and financial mumbo jumbo from Yahoo Finance. Try to find out who wrote that article and ask yourself "If the writer is really that good, then why is he not rich right now?"
Those finance writers get paid to make all those articles which you all think comes from the "experts". No, those writers are as the same as us. They have no clue and make things up just to keep you reading on their site.
Those finance writers get paid to make all those articles which you all think comes from the "experts". No, those writers are as the same as us. They have no clue and make things up just to keep you reading on their site.
I can only see this price in dreams, on real life (on next 3-5 years) i saw it very difficult. Or dollar had a crash on its value, or Bitcoin is used by central banks as store of value (like now they have gold). I don't see it impossible (on next 2 or 3 halvings).
Yeah, price of bitcoin is increasing gradually. But the mentioned $25000 is not gonna happen in reality. The price surge in the past took place in accordance to the China's bitcoin market. This has changed a lot due to the recent inspection took place. Now the growth is the true growth of bitcoin's technology not a fake one to attract corporates or other high profiting sectors.In late 2013 'China' probably consisted of a few tens or a couple of hundred thousand people at the absolute max. Adoption in any significant way hasn't happened. People still get excited when someone places a $500,000 order on an exchange. In adult finance terms that's laughable.
If BTC ever did manage to get beyond its wee niche then tens of thousands are eminently achievable.
I can only see this price in dreams, on real life (on next 3-5 years) i saw it very difficult. Or dollar had a crash on its value, or Bitcoin is used by central banks as store of value (like now they have gold). I don't see it impossible (on next 2 or 3 halvings).
Yeah, price of bitcoin is increasing gradually. But the mentioned $25000 is not gonna happen in reality. The price surge in the past took place in accordance to the China's bitcoin market. This has changed a lot due to the recent inspection took place. Now the growth is the true growth of bitcoin's technology not a fake one to attract corporates or other high profiting sectors.
It could take decades before Bitcoin gets to that price. $1000 may be high for now and we may see a correction, but I agree that overall, the price will gradually increase over time as long as it isn't made illegal or over-regulated.
The analysis is rather optimistic, but I would not say that this is unrealistic, since when an asset is in its early stages, there is great potential. And when that asset is making the transition to the stage of expansion, chances are great that a lot of people start investing and using it.
This is something easy to see in the case of Bitcoin, in which there are more and more people realizing that this may be a more favorable way of storing and transferring money.
This is something easy to see in the case of Bitcoin, in which there are more and more people realizing that this may be a more favorable way of storing and transferring money.
I saw the article and the possibility are really high considering the limited supply of bitcoin and if more and more people started investing heavily into bitcoin the chances of a price above $10k might be a reality and even with news from China recently about new regulation and stuff the price recovered instantly and these are good signs and you never know what will happen.
I can only see this price in dreams, on real life (on next 3-5 years) i saw it very difficult. Or dollar had a crash on its value, or Bitcoin is used by central banks as store of value (like now they have gold). I don't see it impossible (on next 2 or 3 halvings).
I hope it goes to $80k - then satoshi will be the richest man on Earth!
Very unlikely to go that far, but I would be very happy since I will be very very rich. But even though Satoshi will be the richest direct man on Earth, there is people far more rich that he will be at this point. But for me we will not pass 10 000$, as I see already great difficulties for us to reach 5000$ in a decade.
I hope it goes to $80k - then satoshi will be the richest man on Earth!
25 000$ is something very realistic, but what we just need to know is when it will be. If it is in a a few decades, then it will not be interesting, as maybe 25 000$ will be the price of a smartphone due to a great inflation. 10 years is the maximum interesting period of growth, but less than 5 years is even better.
I think that Bitcoin value at a $25,000 will be just logic if we watch all the evolution of it since 2010.
The article did not offer any new argument that will support the surge, just the old finite supply of bitcoin. As much as I want that to be true, I will not put too much hope in it. For now, I am happy if bitcoin can reach 2000$ within my lifetime. 25,000$ is just too good to be true for me.
you know that Mt Gox was the reason for that rise too, right?
price wouldn't have gone to $1200 overnight if it weren't for Mt Gox fake pump and the bubble of 2013.
the only difference in case Mt Gox never existed would have been an steadier rise with a more logical rate and then a higher price today. probably around $2000.
Why don't people ever mention China any more in relation to the 2013 pump? Is it less fun somehow than a neat conspiracy theory? Bitstamp overtook gox during that pump too.
China was probably equally goxy too but they kept it up for longer and didn't fail at it.
@OP i can help you find a good psychologist to help you with your issues of delusion.
Bitcoin economically and technically can't go even near those values.
Bitcoin economically and technically can't go even near those values.
this is not only daydreaming but also i say it is more harmful to bitcoin's adoption than anything else.
think of it this way, articles like these that keep speculating about a huge rise (a surge to ridiculously high prices) are false promises and make bitcoin look like a "get rich quick" thing where people can buy now and become rich overnight!
and this is harmful because people start only seeing the investment part of bitcoin and we can never see the mass adoption ever. and besides when price doesn't rise with that speed and rises with slower logical speed and has some dips like 2 days ago, all those people who bought with the dream of getting rich will dump scared and run away.
think of it this way, articles like these that keep speculating about a huge rise (a surge to ridiculously high prices) are false promises and make bitcoin look like a "get rich quick" thing where people can buy now and become rich overnight!
and this is harmful because people start only seeing the investment part of bitcoin and we can never see the mass adoption ever. and besides when price doesn't rise with that speed and rises with slower logical speed and has some dips like 2 days ago, all those people who bought with the dream of getting rich will dump scared and run away.
Wow did you even read the article? It even says this won't happen over night.
Now who is the one spreading FUD? 
this is not only daydreaming but also i say it is more harmful to bitcoin's adoption than anything else.
think of it this way, articles like these that keep speculating about a huge rise (a surge to ridiculously high prices) are false promises and make bitcoin look like a "get rich quick" thing where people can buy now and become rich overnight!
and this is harmful because people start only seeing the investment part of bitcoin and we can never see the mass adoption ever. and besides when price doesn't rise with that speed and rises with slower logical speed and has some dips like 2 days ago, all those people who bought with the dream of getting rich will dump scared and run away.
think of it this way, articles like these that keep speculating about a huge rise (a surge to ridiculously high prices) are false promises and make bitcoin look like a "get rich quick" thing where people can buy now and become rich overnight!
and this is harmful because people start only seeing the investment part of bitcoin and we can never see the mass adoption ever. and besides when price doesn't rise with that speed and rises with slower logical speed and has some dips like 2 days ago, all those people who bought with the dream of getting rich will dump scared and run away.
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