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Topic: Do you think bitcoin will reach it's $1000 mark again? - page 17. (Read 19483 times)

legendary
Activity: 3248
Merit: 1070
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
legendary
Activity: 3234
Merit: 1654
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Hmm, I was one of the guys who felt we may only get to $1000 by year end, now wondering if we are due a bit of a bull run before that

Yeah it will raise again. I think nd im sure it will reach 1000$ above in next year.
sr. member
Activity: 248
Merit: 252
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.







legendary
Activity: 1778
Merit: 1043
#Free market
I love all these cautious/pessimistic calls for $1000 coins only after the halving happens. Cheesy Pricing will be way more than that by then. Too much good news and the ease of acquisition for institutional investors going on between now and when COIN/Gemini comes out for many multipliers of higher pricing not to happen by then and then some.

It is only an opinion. Maybe the price will not raise after the next block reward halving, but if is rational | less bitcoin , same demand = rise of the bitcoin price | or maybe my supposition is wrong?
sr. member
Activity: 462
Merit: 250
Hmm, I was one of the guys who felt we may only get to $1000 by year end, now wondering if we are due a bit of a bull run before that
legendary
Activity: 1820
Merit: 1001
Well? Will it?

So far I've a lot of doubt.

Well in time but not right now too many people holding the price downland too many people panic sell but it is generality going on he up trend a little however needs a lot of work on it to get past the 1k figure and keep it above that. Will need a lot more people using it along with a much higher demand for BTC. right now all a  lot of people want is a quick RIO or quick $ to make on BTC and sell it and prices go down. If they continue to go down more ill buy more back up and sell much later on when ma retired on my BTC island somewhere. Only one can dream of such things but would be nice to see BTC at 1k again.
newbie
Activity: 56
Merit: 0
When difficulty or block value make it less profitable than yes.
sr. member
Activity: 392
Merit: 250
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Well? Will it?

So far I've a lot of doubt.

It will reach the $1000 mark, but when is the question!!

It might take over a year or even more, but it will reach it's $1000 mark again..
legendary
Activity: 1568
Merit: 1001
I love all these cautious/pessimistic calls for $1000 coins only after the halving happens. Cheesy Pricing will be way more than that by then. Too much good news and the ease of acquisition for institutional investors going on between now and when COIN/Gemini comes out for many multipliers of higher pricing not to happen by then and then some.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
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


And some of us are getting on a bit already. My ticker will probably have exploded like a hand grenade by then, but I'll watch it from my brain in a jar hopefully.
legendary
Activity: 1778
Merit: 1043
#Free market
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


sr. member
Activity: 274
Merit: 250
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
sr. member
Activity: 274
Merit: 250
the market is so thin that a single guy with 10 million usd can take it to 1000 in a heartbeat

Let's just hope he's going to buy in.
legendary
Activity: 1778
Merit: 1043
#Free market
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).
sr. member
Activity: 274
Merit: 250
I think so. We need one economic crisis in which most of the fiat currencies go into deep inflation. Ppl start to realise the intrinsic value of the anti inflation as fiat. Ppl flock to buy up bitcoin.

The chances of that is too slim.Well for at least now.
sr. member
Activity: 274
Merit: 250
Yes, but not this year

We might just get a pump towards the end of the year. Never know.
sr. member
Activity: 274
Merit: 250
sr. member
Activity: 308
Merit: 250
When we have some greedy exchange or mega whales want to pump it up to around that price, we will see around $1000 but it will take a long long time if we are waiting for user adoption to take us there..

Who knows though the future is a crazy thing and if we knew it for sure we would be extremely rich and probably not spend any time on here for starters which would be pretty cool to be fair  Cheesy
sr. member
Activity: 252
Merit: 250
Surely this is what we are all wanting. It is difficult, but we will get there.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
And once again we're right on track to our preliminary goal of a $1000 Bitcoin. I think once we've achieved levels of the previous ATH around $1200, we'll go up a lot more. Maybe only to $3500 or so for the time being, but there'll be still plenty room to grow!
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