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Topic: BTC to 5000$ soon - page 25. (Read 36740 times)

sr. member
Activity: 322
Merit: 250
March 20, 2016, 10:26:08 AM
yes there is the potential to hit also more... has the vast majority of user here hope... unless who sold during top bottom Cheesy of 2014-2015 Tongue

That would take many years but it is still possible...But I am not waiting for it to happen, or else I will be keeping my coins idle for a very long time and forgot the purpose on why I have it, which is to profit..
it will took decades for bitcoin to rise up at 5000$..cause this year there are no signs for the bitcoin to go up.


This year there are plenty of reasons for the price to go high.
Block halving.
Chinese people buying bitcoin to make sure they don't lose value on devaluation.

But no there are no indicators we will see a 5k price.
legendary
Activity: 2114
Merit: 1015
March 20, 2016, 10:01:46 AM
It's a nice to dream, but keeping it real here. There is no chance bitcoin will be anywhere near 210 000$ per coin as you want it to be.
Price tag of 2-5 k USD within the next 5 years is a much more likely scenario, and it's something that is slowly developing already, but good luck waiting for your goal price tho.

never said it was my goal price nor that I was hoping for 210k. It was just a proportional parallel to the prediction of the silver's price. Next time read more carefully before replying.
sr. member
Activity: 406
Merit: 250
March 20, 2016, 09:56:26 AM
Bitcoin Prediction: June 2016 will begin the next big bubble. Massive profits await bitcoiners.

Most posters in this topic are going to be sooooo butthurt for not listening to me.
Its not quite possible for the bitcoin price to reach $5000 per coin in such a small period of time.

If that happened I would be rich. Unfortunately I don't actually believe that this will happens within the next 20 years

Well i would not be richt but yes i would get quite some money. But no i am not considering this. It is far from what is possible.
Going over 1K is what i see as the limit right now. No way 5k.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
March 20, 2016, 09:54:40 AM
Bitcoin Prediction: June 2016 will begin the next big bubble. Massive profits await bitcoiners.

Most posters in this topic are going to be sooooo butthurt for not listening to me.
Its not quite possible for the bitcoin price to reach $5000 per coin in such a small period of time.

If that happened I would be rich. Unfortunately I don't actually believe that this will happens within the next 20 years

Just because you have some self-esteem issues and you think you don't deserve to be rich does not mean it's not going to happen. Perhaps you will be stupid enough to sell all your coins just before the big rally so that both parties could win --- you will remain poor and bitcoin will go to 5k.

But seriously, if Robert Kiyosaki Is Predicting A $6,000 oz Silver Price In The Next Few Years then surely bitcoin will get its proportional rise, blasting the prices to 210 000$ per bitcoin.

It's a nice to dream, but keeping it real here. There is no chance bitcoin will be anywhere near 210 000$ per coin as you want it to be.
Price tag of 2-5 k USD within the next 5 years is a much more likely scenario, and it's something that is slowly developing already, but good luck waiting for your goal price tho.
full member
Activity: 210
Merit: 100
March 20, 2016, 09:53:15 AM
yes there is the potential to hit also more... has the vast majority of user here hope... unless who sold during top bottom Cheesy of 2014-2015 Tongue

That would take many years but it is still possible...But I am not waiting for it to happen, or else I will be keeping my coins idle for a very long time and forgot the purpose on why I have it, which is to profit..
it will took decades for bitcoin to rise up at 5000$..cause this year there are no signs for the bitcoin to go up.
full member
Activity: 141
Merit: 100
March 20, 2016, 09:52:23 AM
When Bitcoin was up at 1300, noone expected it to go down to 100.
Now that its up at 400, there are skeptics for 5000 USD range.  I think it could go both ways .
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
March 20, 2016, 09:44:59 AM
yes there is the potential to hit also more... has the vast majority of user here hope... unless who sold during top bottom Cheesy of 2014-2015 Tongue

That would take many years but it is still possible...But I am not waiting for it to happen, or else I will be keeping my coins idle for a very long time and forgot the purpose on why I have it, which is to profit..
legendary
Activity: 2114
Merit: 1015
March 20, 2016, 09:44:24 AM
Bitcoin Prediction: June 2016 will begin the next big bubble. Massive profits await bitcoiners.

Most posters in this topic are going to be sooooo butthurt for not listening to me.
Its not quite possible for the bitcoin price to reach $5000 per coin in such a small period of time.

If that happened I would be rich. Unfortunately I don't actually believe that this will happens within the next 20 years

Just because you have some self-esteem issues and you think you don't deserve to be rich does not mean it's not going to happen. Perhaps you will be stupid enough to sell all your coins just before the big rally so that both parties could win --- you will remain poor and bitcoin will go to 5k.

But seriously, if Robert Kiyosaki Is Predicting A $6,000 oz Silver Price In The Next Few Years then surely bitcoin will get its proportional rise, blasting the prices to 210 000$ per bitcoin.
full member
Activity: 210
Merit: 100
March 20, 2016, 09:29:09 AM
Bitcoin Prediction: June 2016 will begin the next big bubble. Massive profits await bitcoiners.

Most posters in this topic are going to be sooooo butthurt for not listening to me.
Its not quite possible for the bitcoin price to reach $5000 per coin in such a small period of time.

If that happened I would be rich. Unfortunately I don't actually believe that this will happens within the next 20 years
full member
Activity: 155
Merit: 100
March 20, 2016, 09:27:57 AM
yes there is the potential to hit also more... has the vast majority of user here hope... unless who sold during top bottom Cheesy of 2014-2015 Tongue
member
Activity: 98
Merit: 10
March 20, 2016, 09:26:38 AM
this is too much of a price to dream. rule one is, there must not be no other coin to choose from if you dream about these prices in the first place
hero member
Activity: 616
Merit: 500
March 20, 2016, 09:16:14 AM
Nobody would be stupid enough to buy it at 5k and eventually the price would go to a fair value.
I am sure many have said such statements about 20$ when it was around 3-4 bucks but it hardly matters and nothing of what we say is going to bring any amount of difference.However,if it goes 5k at this point then it's obvious that it wont survive & thus not going to happen anytime soon.

The problem with Opening post is that it is pure speculation, not really backed by real life events and paradigms. So what if gold market cap is xxx and bitcoin is xx?
These two commodities are not related in direct way whatsoever and while I (as probably everyone here on bitcointalk) agree that bitcoin price is underwhelming atm.
There is NO real evidence that we will reach $5000 anytime soon, and certainly not before 2020. (I wish I was wrong on this...)
Yes, considering the bitcoin's market cap is somewhere near 1% of gold's, there are also a lot of factors that'll affect the price of bitcoins, competition (in mining) will be high, difficulty will be high, this all affects the price of Bitcoin.
Yes, If the price is too good then there is a high chance that it might increase the network hashrate and again bring the price to a non profitable value.
Yeah it would again be profitable to turn on old mining hardware that became unprofitable due to difficulty.
sr. member
Activity: 410
Merit: 250
March 20, 2016, 09:11:35 AM
Nobody would be stupid enough to buy it at 5k and eventually the price would go to a fair value.
I am sure many have said such statements about 20$ when it was around 3-4 bucks but it hardly matters and nothing of what we say is going to bring any amount of difference.However,if it goes 5k at this point then it's obvious that it wont survive & thus not going to happen anytime soon.

The problem with Opening post is that it is pure speculation, not really backed by real life events and paradigms. So what if gold market cap is xxx and bitcoin is xx?
These two commodities are not related in direct way whatsoever and while I (as probably everyone here on bitcointalk) agree that bitcoin price is underwhelming atm.
There is NO real evidence that we will reach $5000 anytime soon, and certainly not before 2020. (I wish I was wrong on this...)
Yes, considering the bitcoin's market cap is somewhere near 1% of gold's, there are also a lot of factors that'll affect the price of bitcoins, competition (in mining) will be high, difficulty will be high, this all affects the price of Bitcoin.
Yes, If the price is too good then there is a high chance that it might increase the network hashrate and again bring the price to a non profitable value.
hero member
Activity: 616
Merit: 500
March 20, 2016, 09:07:55 AM
Bitcoin Prediction: June 2016 will begin the next big bubble. Massive profits await bitcoiners.

Most posters in this topic are going to be sooooo butthurt for not listening to me.
Its not quite possible for the bitcoin price to reach $5000 per coin in such a small period of time.
legendary
Activity: 2114
Merit: 1015
March 20, 2016, 09:04:01 AM
Bitcoin Prediction: June 2016 will begin the next big bubble. Massive profits await bitcoiners.

Most posters in this topic are going to be sooooo butthurt for not listening to me.
full member
Activity: 154
Merit: 100
I2VPN Lead developer.Antidote to 3-letter agencies
March 20, 2016, 08:40:27 AM
The problem with Opening post is that it is pure speculation, not really backed by real life events and paradigms. So what if gold market cap is xxx and bitcoin is xx?
These two commodities are not related in direct way whatsoever and while I (as probably everyone here on bitcointalk) agree that bitcoin price is underwhelming atm.
There is NO real evidence that we will reach $5000 anytime soon, and certainly not before 2020. (I wish I was wrong on this...)
Yes, considering the bitcoin's market cap is somewhere near 1% of gold's, there are also a lot of factors that'll affect the price of bitcoins, competition (in mining) will be high, difficulty will be high, this all affects the price of Bitcoin.
legendary
Activity: 2114
Merit: 1015
March 20, 2016, 08:36:20 AM
Even if the price would go to 5000. what would it say about bitcoin?
Exactly some kind of monopoly money. Nobody would be stupid enough to buy it at 5k and eventually the price would go to a fair value.




Yeah, and who would be stupid enough to buy 1200$ gold?!
sr. member
Activity: 350
Merit: 250
March 20, 2016, 08:34:46 AM
Even if the price would go to 5000. what would it say about bitcoin?
Exactly some kind of monopoly money. Nobody would be stupid enough to buy it at 5k and eventually the price would go to a fair value.
legendary
Activity: 2114
Merit: 1015
March 20, 2016, 07:26:49 AM
There are a few reasons I can think of that might help bitcoin on another moonshot.

1. Supply will half in next couple of months
2. Investors from falling stock markets looking for new investments.
3. Negative interest rates and capital controls imposed by banks on the fiat system.
4. Some kind of debt default or bankruptcy causing another global crisis

+1

People who fail to understand these points are pretty short-sighted. But most people are, and some even call normality a virtue, although it is actually a sign of mental degeneration.

Some poster attempted to say something as laughable as
Quote from: uki
halving - it applies only to the coins not yet mined. There are actually enough coins already in circulation to keep the price surpressed arbitrary long. Halving will fuel some growth, but it shouldn't bring us beyond $500-600.

Couldn't be more wrong, did you even read the topic?

USB-S posted a link to answer this one:
3 Signs the Demand for Bitcoins is Growing

Quote
When you consider that 3600 new bitcoins are created daily (with that number dropping to 1800 by mid-2016) then Bitcoin’s price just holding steady means that buyers are absorbing thousands of coins daily at or near the market price. In fact, Bitcoin’s market cap, a measure of price multiplied by existent coins, is steadily rising even during spells when price remains as idle as a painted quote upon a painted ticker.

edit:
for illustration, here's the chart of bitcoin's market cap, as you can see, it is steadily rising even though the price is the same. now add halving to the equation and you will get a big phat rally



edit2:
also this:
hero member
Activity: 616
Merit: 500
March 20, 2016, 01:44:22 AM
I didn't see convincing reasons why should price go over 1000$ not to mention more.
When i see hard evidence the we can talk. This is speculation till then!

I would be much happy and satisfied if the price reaches to $1k as it is taking too long to even reach $500 so expecting $5k would be something unrealistic dream to watch for.

Yeah that is right, bitcoin price is having  a hard time crossing the $500 this months, so that $5000 price is still far from becoming true but there is still a possibility..
Yeah there is a possibility but that possibility is very very low but it might be possible after a few years.
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