$5000 way to soon to speculate about this market price but 2017 am betting on it that we shall see 1btc fetching a handsome 1300 dollars no doubt it but first let's get to the $1000 mark
By the middle of 2017, I would not be surprised if the currency reached a value above $ 2000. Many of the projects in which some investors are working, among them development of new applications, are scheduled for the first few months of the next year, some other events may happen months later. So, I think it will not be long before we see Bitcoin rising to such levels. 
Topic: is it time to start seriously talking about a $5000 BTC - page 2. (Read 7383 times)
$5000 way to soon to speculate about this market price but 2017 am betting on it that we shall see 1btc fetching a handsome 1300 dollars no doubt it but first let's get to the $1000 mark
is still very much to speak bitcoin price of 5000USD. bitcoin now be in the range 900USD up to 1000USD. still quite a long time to be able to predict the price could reach 5000USD bitcoin. we still need patience and strength to achieve that position.
When bitcoin gains strength through mass adoption, I believe we do not need patience. Yes, mass adoption and big price levels will occur simultaneously.Some corporate employees are opting for salary in bitcoins. This kind of news were omnipresent when bitcoin was $1000+ in 2013, again we start come across. Hopefully this time many will implement process of buying/getting bitcoin regularly and that may get frequent media attraction so that new mass adoptions keep on happening.
Mass adoption will lead to exponential growth, so we do not need to wait for long to see bitcoin hits $5000 levels.
is still very much to speak bitcoin price of 5000USD. bitcoin now be in the range 900USD up to 1000USD. still quite a long time to be able to predict the price could reach 5000USD bitcoin. we still need patience and strength to achieve that position.
The key is stability, BTC has reached $1000 before but never stabilised for a significant period of time.
If BTC stabilised over $1000, I would say it's possible, although other factors are involved and have to be considered
If BTC stabilised over $1000, I would say it's possible, although other factors are involved and have to be considered
You're right. I wouldn't actually even say we were over $1000 before... it was mostly gox fakery.
Today's ecosystem is much more decentralized as far as price discovery.
Stability in bitcoin affected by bigger market cap of bitcoin which means we need more adopters, more merchants/stores, big companies to adopt and accept bitcoin payment. The most factor that makes bitcoin price always fluctuate is daily trader, buy and sell. It's a common thing in bitcoin world of course, but we need to pump by increase the adoption and market cap.
As you said, adoption is what really brings growth, but this adoption is something that has been growing in number for a long time. It is important to remember that many people are satisfied adopting Bitcoin as a means of storing value, rather than using the functionality for micropayments as the main use.
To answer the OP, not sure about 5k for the next year... but something close to that is possible. To some it seems like an absurd number to be achieved in one or two years, but something like that was already being speculated several years ago. At that time it was an exaggeration, but we are probably closer than many people think.
we're at $770... $1000 coming soon.
Is it time to start seriously talking about $5000 BTC in the next 3 years?
Is it time to start seriously talking about $5000 BTC in the next 3 years?
For real ? It will never happen man, $5000 for each bitcoin is really big amount for a currency. But we never know what happen in the next 3 year. This year is really amazing for bitcoin, the price increasing so high and i'm not sure for the next 3 years.
$5000 would take a fundamental change in how bitcoin is viewed by way more of the world. great things have been happening consistently since 2013 but one thing that hasn't really happened is a massive uptake by new people. it's growing slowly and steadily but nothing crazy. i can't see that changing any time soon so that price is out of reach for anything other than an insane run up and massive crash back down and that would be bad.
Maybe not in the Western world, but I'd say there are definitely tons of new people in India, Venezuela, etc.
It's of course great to realize growth in third world and developing countries, but these people don't add much value to Bitcoin in the way that they cause the price to go up massively. Because that's all what people here care about. For that to happen we need wealthy individuals to start using Bitcoin as a long term store of value tool. If that happens, then a price in the higher thousands range is just a matter of time.
5000 is realistic if really _everything_ works well in the next years.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
Not years. Next year. Mark my words.
You must be living in a bubble or wishful thinking that shit to 1k to 5k, it is going down like a broken ship
. Probably betting the market is my thought. Good luck sir!$1k to $5k in a single year? I think it is not realistic. 3 or 4 years maybe. But it is still a probability not an actuality. Let Bitcoin breaks $100 at a time. That is more real than jumping over a high wall. Who knows we are at it before we know it
$5000 would take a fundamental change in how bitcoin is viewed by way more of the world. great things have been happening consistently since 2013 but one thing that hasn't really happened is a massive uptake by new people. it's growing slowly and steadily but nothing crazy. i can't see that changing any time soon so that price is out of reach for anything other than an insane run up and massive crash back down and that would be bad.
Maybe not in the Western world, but I'd say there are definitely tons of new people in India, Venezuela, etc.
A very modest estimate - how much will it cost bitcoin after the stabilization of its value. To understand this very simple. With capitalization of 12 billion $ and volume of the currency 12 million bitcoins real price is about 1000 $ per coin. It is logical to assume that when the capitalization will take the scale of a large country (for the rest of the world, it may be a lot more), for example of the order of Russia's GDP, say 1200 billion $ and the number of 21 million coins (the maximum), then a linear increase of cost is to give 50,000 $ per coin. But in fact, it will be much more - since the dependence between market capitalization and the number of coins and cost is not linear, but exponential. I would guess that rather the final cost upon reaching 21 million coins can exceed 1,000,000 $ per coin or more - and much, much more, if we assume that bitcoin-economy will take a larger portion of global GDP, say, 10 % of the entire global economy by 2020.
5000 is realistic if really _everything_ works well in the next years.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
Not years. Next year. Mark my words.
I would be pleasantly surprised if this does happen. In any case, I plan to retain a major portion of my bitcoin holdings till the next halving.
I guess we should be over $5000 at that point. 6x return over ~4 years is not bad at all.
5000 is realistic if really _everything_ works well in the next years.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
Not years. Next year. Mark my words.
You must be living in a bubble or wishful thinking that shit to 1k to 5k, it is going down like a broken ship
. Probably betting the market is my thought. Good luck sir! The key is stability, BTC has reached $1000 before but never stabilised for a significant period of time.
If BTC stabilised over $1000, I would say it's possible, although other factors are involved and have to be considered
If BTC stabilised over $1000, I would say it's possible, although other factors are involved and have to be considered
You're right. I wouldn't actually even say we were over $1000 before... it was mostly gox fakery.
Today's ecosystem is much more decentralized as far as price discovery.
Stability in bitcoin affected by bigger market cap of bitcoin which means we need more adopters, more merchants/stores, big companies to adopt and accept bitcoin payment. The most factor that makes bitcoin price always fluctuate is daily trader, buy and sell. It's a common thing in bitcoin world of course, but we need to pump by increase the adoption and market cap.
Not years. Next year. Mark my words.
I doubt it, but maybe you're right ... I won't cry
5000 is about eight times the actual price and would mean a market cap of about 70 billion USD. An 8x multiplication happened in previous bubbles. But it is much more difficult to reach a $70 billion marketcap than a 10 billion one (the November 2013 bubble).
That only can happen next year if not only "everything works well" like I outlined in my previous post, but also there is a really strong buy hype that we've never seen before. Maybe the injection of Wall Street capital could be a possible reason. Or Trump's remittance tax, if he really implements it (and he at the same time doesn't over-regulate or even prohibit Bitcoin).
If we hadn't the block size problem I would see $5000 in 2017 as an very optimistic, but possible scenario, but taking into account the current evolution of the transaction number/blocksize statistics, for me it's almost impossible. A mass adoption necessary for $5000 would mean permanently 100.000 or more unconfirmed transactions, at any time, even with SegWit enabled.
5000 is realistic if really _everything_ works well in the next years.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
Not years. Next year. Mark my words.
5000 is realistic if really _everything_ works well in the next years.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
That means: if we manage to deal with the blockchain size problem (Segwit?) without a hard fork or another kind of community split, if there is more acceptance for online payments and remittances, if there is not too much volatility (speculator attacks, exchange dramas etc.), if there is no real competitor (there are some interesting alternative blockchains) and if there is not too much hostility from the politic sphere. It should also be noted that a open, liberal/libertarian dominating ideology favours Bitcoin's acceptance as an international currency, and the US particularly have moved in the opposite direction, unfortunately.
Myself I think we will hover some time more around $500-1000, with perhaps an occasional peak near the old ATH, but I think only when the blockchain/block size problem is resolved we can think of >1200$ prices.
There is a lot of people taht got kicked out of the game last time because they didn't buy back in, now it will be the same, people will sell at around 1k, thinking we will crash hard, but we will only backtrace a bit, and they will not buy back on time so they will be left with no bitcoins while holders are going to see 3k+ next year.
i think theres no time to talk about $5000 per btc as we all know next year will be the last price of bitcoin accept it or not bitcoin will be $1000 next year and it could be stable than other currency but if all people in the world would use and invest bitcoin i think there's a chance that bitcoin could hit atleast $1500 per bitcoin. its okay to dream but dont expect.
It wont be stable when it runs up to 5k but when its comes down and settles then it will become stable again.
Yes, indeed
It will probably retrace a bit after breaking $5k and when it leaps again it will break $10k and eventually stay up there.... Most people who are here today will have sold though so I think there maybe less fud on the threads in future because the new owners of bitcoin will be professional investors and not kids with their pocket money
That's the dream, aint it
I've heard from people like you before some back when I bought my first bitcoins for $3 people said I was crazy and I told them to buy some as well...
If you don't think btc and xmr is the future, you're beyond help and you will be another one of those pour souls who "missed the train" lol
5000 usd price is a triviality and 3 years is a long time in crypto in general. It is realistic based on bitcoin's previous behavior to assume 5000 is achievable within months. To maintain that price for longer after the initial pump is harder one.
What I see as the most probable scenario is that bitcoin reaches ATH in the coming 6 months or so, then a breather and new ATH towards the end of 2017. Just like in 2013.
The logic behind is that the first bubble will bring bitcoin to the eyes of a lot of new people and when that bubble pops those people who followed in the sidelines (but did not buy in because it was going to crash) will create the second wave.
The longer bitcoin price is capable rising "only" 10 % a month, the higher the price will shoot.
What I see as the most probable scenario is that bitcoin reaches ATH in the coming 6 months or so, then a breather and new ATH towards the end of 2017. Just like in 2013.
The logic behind is that the first bubble will bring bitcoin to the eyes of a lot of new people and when that bubble pops those people who followed in the sidelines (but did not buy in because it was going to crash) will create the second wave.
The longer bitcoin price is capable rising "only" 10 % a month, the higher the price will shoot.
Well said!
5000 is peanuts for a gold 2.0 and it will be breached within the next 2 yrs and maybe even less....
I would advise you to buy a few btc when they can still be bought for 3 digits, I guarantee that will not be possible much longer....
5000 usd price is a triviality and 3 years is a long time in crypto in general. It is realistic based on bitcoin's previous behavior to assume 5000 is achievable within months. To maintain that price for longer after the initial pump is harder one.
What I see as the most probable scenario is that bitcoin reaches ATH in the coming 6 months or so, then a breather and new ATH towards the end of 2017. Just like in 2013.
The logic behind is that the first bubble will bring bitcoin to the eyes of a lot of new people and when that bubble pops those people who followed in the sidelines (but did not buy in because it was going to crash) will create the second wave.
The longer bitcoin price is capable rising "only" 10 % a month, the higher the price will shoot.
What I see as the most probable scenario is that bitcoin reaches ATH in the coming 6 months or so, then a breather and new ATH towards the end of 2017. Just like in 2013.
The logic behind is that the first bubble will bring bitcoin to the eyes of a lot of new people and when that bubble pops those people who followed in the sidelines (but did not buy in because it was going to crash) will create the second wave.
The longer bitcoin price is capable rising "only" 10 % a month, the higher the price will shoot.
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