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Topic: Do you think 1.00 BTC will worth more than $10,000.00 USD at any time in 2015? (Read 28793 times)

hero member
Activity: 546
Merit: 500
Well in the end it didn't even happen in 2016 but in 2017 we could reach 1k. I don't know why people would think to reach 10k per coin in such a short period of time.
Now i'm holding my coins for very long till we can reach absurd amounts but it'll take a long while.
sr. member
Activity: 476
Merit: 250
Funny to read back the posts in this thread of people who thought it would get THAT high. That's a bit overambitious for 2015.
I hope it can reach the 1k in 2017, we should think babysteps. No rush we just have to up the value in a normal manner.
full member
Activity: 218
Merit: 101
And to end this thread, the highest price of one bitcoin in 2015 was $745, which is only a difference of $9254.  Roll Eyes

Source: http://www.investing.com/currencies/btc-usd-historical-data
full member
Activity: 215
Merit: 100
We can only hope can't we, 10k x 100 even being small time will be a very good day indeed. It will not go anywhere near that, in fact it will not go anywhere near 1k so 10k is so far from reality it is almost saddening. But.... Ya never know  Cheesy
sr. member
Activity: 406
Merit: 250
You need much more than a couple of halvings to schieve that price, and it sure wont happen in the next year or two.
I wouldnt bet a lot of money on this if i were you, who knows what might happen.

Halving does not necessary increase prices. If we can find more use of bitcoin then the price will rise because many people store the coin temperately for future transactions.
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
not in 2015. Maybe some time in the future but it doesnt necessarily need to.

at this point it would be good if BTC would just go above 300 and remain there for a while in order to regain peoples' confidence.

not i8n 2016 either, you need a copuple of halving block for this price to be achieved, miners are still playing their big role in the tanking fest

those small dump are coming from their action

You need much more than a couple of halvings to schieve that price, and it sure wont happen in the next year or two.
I wouldnt bet a lot of money on this if i were you, who knows what might happen.
sr. member
Activity: 462
Merit: 250
not in 2015. Maybe some time in the future but it doesnt necessarily need to.

at this point it would be good if BTC would just go above 300 and remain there for a while in order to regain peoples' confidence.

not i8n 2016 either, you need a copuple of halving block for this price to be achieved, miners are still playing their big role in the tanking fest

those small dump are coming from their action

Although the price is not determined by miners, it is affected by them.
legendary
Activity: 3248
Merit: 1070
not in 2015. Maybe some time in the future but it doesnt necessarily need to.

at this point it would be good if BTC would just go above 300 and remain there for a while in order to regain peoples' confidence.

not in 2016 either, you need a couple of halving block for this price to be achieved, miners are still playing their big role in the tanking fest

those small dump are coming from their action
full member
Activity: 196
Merit: 100
not in 2015. Maybe some time in the future but it doesnt necessarily need to.

at this point it would be good if BTC would just go above 300 and remain there for a while in order to regain peoples' confidence.
member
Activity: 84
Merit: 10
it didnt look like but wish if it will be
sr. member
Activity: 392
Merit: 250


He probably means the 200,000 (found) gox btc, to be returned to creditors. A sword of Damocles hanging over the market until they are returned, some will definitely be sold as disillusioned victims wash their hands of the whole thing.

Is that 200,000 figure confirmed? I would've thought that would be the only source of funding for the lawyers, bankruptcy proceedings etc.



The flurry of press from march 2014 says 180-200k. I've never seen the address nor a signed statement from the key, but it seems pretty confirmed.

Some will definitely be sold to pay for lawyers. With the victims getting the remainder in btc, or sold and transferred in fiat.

Edit: http://qntra.net/2015/04/mtgox-trustee-has-200k-bitcoins-creditors-to-line-up-as-bankruptcy-progresses/
legendary
Activity: 2590
Merit: 3015
Welt Am Draht


He probably means the 200,000 (found) gox btc, to be returned to creditors. A sword of Damocles hanging over the market until they are returned, some will definitely be sold as disillusioned victims wash their hands of the whole thing.

Is that 200,000 figure confirmed? I would've thought that would be the only source of funding for the lawyers, bankruptcy proceedings etc.

sr. member
Activity: 392
Merit: 250
No... its not possible... we need halving, mtgox btc, winklevos...
5 years maybe

mt.gox? or you mean like having no more mt.gox situations.

All the elements you mentioned can actually happen within the same year. Its just a matter of time those twins get something right.

He probably means the 200,000 (found) gox btc, to be returned to creditors. A sword of Damocles hanging over the market until they are returned, some will definitely be sold as disillusioned victims wash their hands of the whole thing.
hero member
Activity: 826
Merit: 1000
No... its not possible... we need halving, mtgox btc, winklevos...
5 years maybe

mt.gox? or you mean like having no more mt.gox situations.

All the elements you mentioned can actually happen within the same year. Its just a matter of time those twins get something right.
legendary
Activity: 1456
Merit: 1002
there was a thread not long ago, but it mentioned about being 1% of any of the following categories to hit.

It has a serious point, but thats if you had the metrics to see where its at currently.

https://bitcointalk.org/index.php?topic=1066414.new#new
member
Activity: 92
Merit: 10
So, within the past month or so BTC has seen acceptance in the world trade markets, IE the New York Stock Exchange has Invested into BTC as well as having a Bitcoin Price Index Launched.  Coinbase got $75 Million worth of funding.  So I don't see BTC Dropping out anytime soon.  The fact is BTC is getting massive world wide attention right now, that could be a good thing or a bad thing honestly.  I Hope it's a good thing but that of course remains to be seen.  At the end of the day though a lot of investments have been happening recently so take that as you will but I am hopeful that we will see a rise in price over the year, maybe break out of $300.

Highly doubt it will reach anywhere near $10k within the year though, as the governments need to get their grubby little hands in it.  As is the IRS in the US seems to think that people dealing in BTC need to pay Capital Gains if you make a gain.  Like say you buy $10 worth of BTC Now and a month later it is worth $20, they think you should pay capital gains on that $10 you made.  Might make people flee from BTC at that point.  Just hope not but time will tell.

I mean after all who thought cars would be everywhere in the 1800's, let alone cellphones, televisions, space stations etc. 

New technology is always hit or miss.
legendary
Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
No... its not possible... we need halving, mtgox btc, winklevos...
5 years maybe
hero member
Activity: 616
Merit: 500
no way, sir.

not even $500, I must say
sr. member
Activity: 249
Merit: 250
10k is too high ...
I have a feeling that reaching 1K again will take some time. The Gox effect will linger around for some time. Possibly a 1-2 years.
sr. member
Activity: 1148
Merit: 252
Undeads.com - P2E Runner Game

How they bought bitcoins below 100$? If they could then the market have alraedy gone below 100$, thats not how price discovery works  Grin

Your BID order wont get executed unless the one above you got executed, you can put any amound of chunk orders to sell, if there is 1 guy selling 10000 Bitcoins at a price just above you. Also if the Ask orders cumulatively have a larger volume than those 10000 volume bid orders, then your chunk orders will never get executed and the price will go up again (and another guy will bid up the price above you to fill in the spread created void, there is no incentive for traders to sell at a lower than fair price to you) Grin

It all depends on demand from the perspective of buyers.Learn how the markets work bro  Wink

I bought some Bitcoin for less than $15 each back in 2012.

You might not realise it but there are going to be lots of people out there who purchased Bitcoins when they were priced well under $100 a few years ago and they still have them.

One little example of this is the Winklevoss brothers who reportedly hold around 100,000 Bitcoin which they purchased for around $11 each. They still have them.

 Roll Eyes

I bought bitcoin at 250€ (ask price) and now i can sell them at 200 € (bid price). The BID<->ASK didnt moved alot, but the spread is definitely fucking huge due to comissions/regulation/VAT and other crappy extra payments that you have to pay generally.
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