Topic: Do you think bitcoin will reach it's $1000 mark again? - page 16. (Read 19486 times)
Absolutely yes
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Do you think bitcoin will reach it's $1000 mark again?
$10 or $1000. Either way is quite possible.
one is /20, the other just x5, i think it's clear that it will be more easy to reach the latter
someone said that the next bubble is always a magnet of the value of the previous one, this mean that the next bubble will likely surpass at least the 1200 ath
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Do you think bitcoin will reach it's $1000 mark again?
$10 or $1000. Either way is quite possible.
Well? Will it?
So far I've a lot of doubt.
I think to answer this, or better predict the future price we should wait and see what will happen in 2016 after the block halving happened and market changes as the result of this. So far I've a lot of doubt.
I think block halving of 2016 is going to have significant impact on the market.
It will never go to zero. It will exist, even if it's worth 1.0e-10000 dollars.
That's not impossible, it can happen. The chances of it happening are miniscule.
Just as people still host ancient game emulators, there would always be a small hard core who would keep BTC running for fun or sentimental reasons. It would still have the tiniest amount of value between them.
It will never go to zero. It will exist, even if it's worth 1.0e-10000 dollars.
That's not impossible, it can happen. The chances of it happening are miniscule.
It will never go to zero. It will exist, even if it's worth 1.0e-10000 dollars.
As impossible itself says I'm possible, nothing's impossible except Bitcoin to go $0 as that won't happen, and the value will grow over time, so yes, it might be a probability for it to reach $1k sooner or later... 
What makes you think it's impossible? By your own logic it's 'I'm possible' (which there is no logic there). Bitcoin could very well run into trouble if the value drops below what is profitable to mine. If something better than bitcoin came along people would also dump it and move on. Put those two things together and you've got the death of bitcoin.
Ok, so we've heard from a bear. Are there any bulls who want to share their predictions?
As impossible itself says I'm possible, nothing's impossible except Bitcoin to go $0 as that won't happen, and the value will grow over time, so yes, it might be a probability for it to reach $1k sooner or later...
What makes you think it's impossible? By your own logic it's 'I'm possible' (which there is no logic there). Bitcoin could very well run into trouble if the value drops below what is profitable to mine. If something better than bitcoin came along people would also dump it and move on. Put those two things together and you've got the death of bitcoin.
As long as Bitcoin's core technology is still working and not compromised in any way, we won't see Bitcoin's value drop to $0 or even anywhere near those levels, that's right. But there will always be miners, no matter what happens. Even today some people mine Bitcoin without actually making a profit from it!
As impossible itself says I'm possible, nothing's impossible except Bitcoin to go $0 as that won't happen, and the value will grow over time, so yes, it might be a probability for it to reach $1k sooner or later...
What makes you think it's impossible? By your own logic it's 'I'm possible' (which there is no logic there). Bitcoin could very well run into trouble if the value drops below what is profitable to mine. If something better than bitcoin came along people would also dump it and move on. Put those two things together and you've got the death of bitcoin.
Well there more than enough people willing to bet on the odd chance that Bitcoin would still have some value in the future, therefore I also think that going to $0 is effectively a scenario that won't happen. We could see double digits, yeah. Maybe even single digits, but seeing $0? Only if the core principles and functionality of Bitcoin gets compromised badly.
As impossible itself says I'm possible, nothing's impossible except Bitcoin to go $0 as that won't happen, and the value will grow over time, so yes, it might be a probability for it to reach $1k sooner or later...
What makes you think it's impossible? By your own logic it's 'I'm possible' (which there is no logic there). Bitcoin could very well run into trouble if the value drops below what is profitable to mine. If something better than bitcoin came along people would also dump it and move on. Put those two things together and you've got the death of bitcoin.
Well? Will it?
So far I've a lot of doubt.
So far I've a lot of doubt.
Of course it will. Is that even a question? If someone says otherwise just think that we are Bitcoiners and do this
I think the bitcoin will reach > 1000 dollars after the next block reward halving, but I'm not sure at 100% (Maybe we should wait until the block reward will be less than 1 bitcoin).
I don't think we'll be alive when the reward is <1btc
The block reward will be less then one bitcoin in the ~2032 : https://en.bitcoin.it/wiki/Controlled_supply#Projected_Bitcoins_Long_Term
Woah, thanks for showing me that.
after the continuous fluctuations at them moment I think bitcoin won't go higher than $250 this year. $250 seems to be the mark which it always come back to.
As impossible itself says I'm possible, nothing's impossible except Bitcoin to go $0 as that won't happen, and the value will grow over time, so yes, it might be a probability for it to reach $1k sooner or later...
Of course we will see multiple stabilizations as well as price dips and surges, but over-all the trend will be up and coins will hit $1000 again
I definitely think that it will reach 1000$ again soon enough, but its only a matter of time. You will have to be patient enroute, and only that way you will see it go up.
So "Portable wealth storage" would be my selling point to see it go up, though that may be of no interest at all to the majority.
I would think that Portable wealth storage is important to quite a few people.
When difficulty or block value make it less profitable than yes.
i'm still thinking that it will reach 1k, much early than the block value, like happened with doge or other alt-coin
The way I see it, we are still in a long term bear market.. until proved otherwise. I will just try and buy the dips and sell the tops in the meantime
I think it will go north of $1K in the next year or two, and if/when it does I think it'll sail straight past it to $2.5K - 3.5K or perhaps much more. The alternative is it becomes an irrelevant 'also ran' of questionable value of any kind.
I don't see success happening because of mainstream adoption as a currency in the west though, I think that's wishful thinking, as it's a crappy everyday currency compared to pocket paper currency. Things that could push it up though are more likely KimDotCom type followers, ETF's, and the 'Unbanked'.
For my own position (being a westerner in the east), I move countries once in a while, and am constantly wondering where I can store portable wealth. In Thailand the banks have insurance for 50,000,000 baht (USD$1= ~32 baht), but in August next year that will reduce to 25,000,000baht, and one year after that 1,000,000 baht (that's only about $31K insurance per bank account no matter how many gazillion USD equival you have stored there, never mind all the hassle of proving where you got it from in order to remove it from that country - they don't seem to mind if it's incoming money, they just don't like letting go of it). It's not much better in the west either.
That means that I have the conundrum of looking for ROI on my network building/supporting efforts, but in later days I'll be looking to carry any wealth I might have with me without having border issues, and that's where a non national currency based store of wealth is very interesting to me - I'd take a hit on the national currency value to reclaim that freedom.
So "Portable wealth storage" would be my selling point to see it go up, though that may be of no interest at all to the majority.
I don't see success happening because of mainstream adoption as a currency in the west though, I think that's wishful thinking, as it's a crappy everyday currency compared to pocket paper currency. Things that could push it up though are more likely KimDotCom type followers, ETF's, and the 'Unbanked'.
For my own position (being a westerner in the east), I move countries once in a while, and am constantly wondering where I can store portable wealth. In Thailand the banks have insurance for 50,000,000 baht (USD$1= ~32 baht), but in August next year that will reduce to 25,000,000baht, and one year after that 1,000,000 baht (that's only about $31K insurance per bank account no matter how many gazillion USD equival you have stored there, never mind all the hassle of proving where you got it from in order to remove it from that country - they don't seem to mind if it's incoming money, they just don't like letting go of it). It's not much better in the west either.
That means that I have the conundrum of looking for ROI on my network building/supporting efforts, but in later days I'll be looking to carry any wealth I might have with me without having border issues, and that's where a non national currency based store of wealth is very interesting to me - I'd take a hit on the national currency value to reclaim that freedom.
So "Portable wealth storage" would be my selling point to see it go up, though that may be of no interest at all to the majority.
That's quite a high insurance rate they have over there, in the EU they only insure your first 100000 euro.
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