Topic: Now That We're Above $5000, how long until we hit $10,000 BTC (Read 1737 times)

You were right about 2020 being way too late.  However you were not bullish enough predicting 20k by next year's end... What do you think about it hitting 20k by this year's end now?

Maybe next year...A swing and a miss... gotta say the hero and senior members all got this one wrong...but I'm sure you're happy you were wrong 

You were almost right.  We saw $10k on November 29th

Now that you're eating crow...care to wager if we'll see $20,000 bitcoin by the end of the year???

Hey you were totally wrong but congratulations on now being rich... 

Possibly bitcoin will hit $10k this year ends, but not this november. With the current movement of bitcoin Im positive it will reach the target to $10k. Bitcoin will continue to rise even more this year, so let's watchout the price then.

I don’t think that Bitcoin will reach $10k in November (even in the end). However it can still reach this point by the end of 2017.

Well, this is a hard question when is the actual date we can hit $10,000 btc. Maybe we could reach probably year of 2018  because of the demand is increasing. So, I can say this is possible but not this year maybe next year, let's just see and wait it to be happen.

It may happen sooner, we are already above 6000 dollars and in 2020 we get another halving that is going to add 1000 or 2000 to the price months after the halving so as you can see we are not so far from the goal and if the lightning network is a success then more business will accept bitcoin and that will be enough to reach the goal of 10000.

A conservative estimate will be that we will see that price in four years but seeing how fast bitcoin is moving and the velocity at which improvements are being made on the network I will not be surprised if bitcoin was able to reach that price at the end of 2018.

I expect that BTC price can easily be doubled in 2018 based on this year price increase from 1000$ at the beginning of this year to these day where we have 5000-5800$ despite one hard fork who has passed,and more hard forks to come.Some may say this price increase have something with new created bitcoin cash or new bitcoin gold,maybe there is a little truth because people buy more BTC to profit with new coins.But the reasons are much more than that,BTC is become more interesting to big players and there is much more interest from governments to regulate cryptocurrency and this is help to wider adaptation.

As we can see price is easy moving up/down 1000$ in just a few days so to hit 10000$ is not so hard task.Things will be much clearer after hard fork and
and if all goes well rise of BTC to 10k can start.

That's way too late. $10k is possible by next year. Some so called experts are even predicting $20k by next year's end. That's awfully optimistic in my opinion.

 i always believe in bitcoin and now its cross 5600$.  day by day the price of bitcoin is increasing frequently. hope the price of bitcoin will cross 10k  at the middle of 2018.  and gonna hit 8k, at end of 2017

if bitcoin keep do what it do this years  from 1,200 to 5,700 will rich it by the end of 2018

10,000 is so high for btc to arrive it in one year But Generally price will up to 7,000$ in best position

In order to reach more than 5000$ it took nearly 5 years after sudden fall from 1200$ to 240$. Now Bitcoin is in strong position where many banks and government's about the present price of the Bitcoin. It will take sometime to reach more than 10,000$.

you're asking for a impossible thing. bitcoin has only a possibility of hitting the $7000 barrier before this year end and it will grow up to $8k at the mid of the month of january just like what happened last year. bitcoin always amazed me. now we're at $5700 barrier hope we could reach $6k even before the fork .

Yeah bitcoin will be more popular by that time and many new companies will start adopting bitcoins and many more people will become aware about it which will take demand to higher level and it will directly contribute in taking price higher and as we know that bitcoin is full of surprises so we may see that price even before 2020.

Yeah I think Dimon is definitely a hypocrite.  He's trying to divide and concur saying he loves Blockchain but hates bitcoin.  He's basically just saying he only likes blockchains that his company is invested in and stand to make the most profit from

You think the dip we just saw down to $5200 was enough for it to continue toward the moon?  I'm more bullish than ever.

I think it is possible by 2020 because many countries will accept bitcoin as another payment method for purchasing lot of things. By 2020 Bitcoin is going to build large community where it can have more value.

I would not really say Dimmon has shut his mouth yet cause he still seems angry his words did not make any impact and he is still talking based on the recent news on CNBC. However, he is a Jackass (no need being modest about it) and he would definitely end up getting what he deserves at the long run.

I only pity those who are taking his word for it knowing it is a piece of shit, and I am sure Dimmon has a wallet somewhere with BTC in it and that makes him a hypo!

November is not a possible date for that moment. It would be either on the first or second quarter of year 2018. If ever I see bitcoin reached $10k before 2018 then I will be terrified because I know it'll be like an omen that bitcoin will have a possible huge crash. We don't need to hurry because we will be eventually going there.

That's the type of enthusiasm I like.   lol There are only about 18,000,000 bitcoin.  It could literally happen any moment lbvs

I have speculating here before that bitcoin may hit  $10,000 before end of this year but that was not realistic. Bitcoin has been making a lot of progress this year and last month was not all that good especially since the news of banned of bitcoin activities in China come out on 12 of last month. However I am seeing bitcoin hitting  $10,000 before end of first quarter of next year. Now is still the best time to buy bitcoin and by next year be able to double your investment.

It is too soon to predict it, but i think that we are going to go through a huge dip after this mess of the fork, and we are far away from $10k, that is more than 2x from now.
We need to face hundreds of good news to reach that price, and it is pretty impossible right now without the help of any governments or good financial assets.
But it still have some hope about it, i am going to sell my bitcoins at $8000 so i am close to that rate.

I agree.  The next day after Dimon said he wasn't talking about bitcoin anymore he went on a rant where he said Bitcoin users were stupid among other things and it seemingly had no effect.

Do you realize what it means for the next hard fork to be successful?

If a breakaway becomes successful, the remnant is then doomed, because the breakaway would have sapped it dry. The last hard fork that produced  Bitcoin Cash couldn't achieve what they had intended and Bitcoin remained stronger. If it were otherwise, we sure won't be talking of $5000 per Bitcoin today! By the way the journey to $5000 price level was so long coming, because of Bitcoin internal enemies, $10000 would be no different unless the current bullish pressure does so before the November hard fork.
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I think the only way a fork of bitcoin can be successful is if it is radically different with features unavailable on bitcoin.  Having a different block size just won't be enough to keep it alive especially when they're using names like Bitcoin_fill in the blank_.  To be successful it needs a totally different name to differentiate it's vision so it can begin on it's own journey.  However that doesn't seem to be the nature of forks at least until now.  They just end up being identical other than one or two features that a segment of the community feels strongly about. Any coin that's named Bitcoin Cash, Bitcoin Gold, Bitcoin Platinum, Bitcoin Diamond etc. etc. will just feel like a knock off in the long run and the majority of it's value will likely just flow back into bitcoin.  Based on what's happened with Bitcoin Cash everyone is gearing up to follow that same pattern.  The difference is, I think for these forks people will be even more keen to look for the top price and dump it right away.  Which is why I think we're going to see an even more exaggerated boost in Bitcoin's price

I think in 5 to 6 months from now bitcoin will hit $10,000 probably  by the end of march 2018. Price will continue to blow up  according to pattern. Possibly, Bitcoin will be the next world currency.

Probably will take at least a week

I think that the market has already shut itself off from those nasty and unnecessary FUDs and not even Putin was able to douse some cold water on the surge of Bitcoin lately. I am there would be corrections in value as the way for Bitcoin not be bubbling down but we known that once it got into a certain level it would be back soon with a vengeance. Yes, I am also optimistic and I see Bitcoin to be hitting $10,000 by next year maybe in the 2nd quarter of 2018.

It is indeed time for Dimon to stop saying anything bad against Bitcoin because even the firm he is working for has been conducting Bitcoin-related activities and it would be a big shame for him to be exposed as just another charlatan not worthy of big respect and following. Right now, there are many big financial companies who are already looking at ways they can have a slice of the big Bitcoin pie.

Do you realize what it means for the next hard fork to be successful?

If a breakaway becomes successful, the remnant is then doomed, because the breakaway would have sapped it dry. The last hard fork that produced  Bitcoin Cash couldn't achieve what they had intended and Bitcoin remained stronger. If it were otherwise, we sure won't be talking of $5000 per Bitcoin today! By the way the journey to $5000 price level was so long coming, because of Bitcoin internal enemies, $10000 would be no different unless the current bullish pressure does so before the November hard fork.

$10,000 is nearly very possible but as we all know this is happening because of the incoming hardfork we could not expect if this price will continue after this fork ,I really believe that finally we could hit a  $10,000 AHT by the beginning of 2018 IMHO.

Man, I just can't believe this. Just over 2 years ago I was buying towards the bottom of the last downtrend at $170. Having been stung earlier buying at $1000 it worried me that I might be buying into a dying concept. Best $20k I ever invested... 

I think we might see $10k by end of the year.

Bitcoin doesn't have to be accepted by any retailer to be successful.  There are already plenty of Bitcoin debit cards that automatically exchange Bitcoin for fiat at the time of purchase.  Also bitcoin's primary value is as a private store of value.  As long as there someone that will accept bitcoin for currency we don't have to pay for our groceries in bitcoin for it to be valuable.  But make no mistake, bitcoin payments at retailers are already happening and will only increase

I would never use the word impossible when talking about bitcoin.  The rules that apply to forex and stocks don't apply the same to bitcoin.  When have we ever seen a chart like this before?  Just looking at the supply of Bitcoin compared to the interest it has around the world it could jump up $10,000 in one day.  It's now on every major nation and investment firm's radar.  It's really just who's going to capitalize first.  What if a company like Goldman Sachs decided they were going to quietly buy $50 Billion in Bitcoin one day. Or a government like China decided to buy 100 Billion in Bitcoin.  Both of these are totally within their power and would send the chart vertical.

i have no idea what's gonna happen so your predictions are just as good as anyone else's, but retail is irrelevant. all the places that want it to be persona non grata have already done so. on the flip side it's now as legit as the emperor's check in japan.

drug users and money launderers would have to be extremely stupid to use bitcoin these days. it's terrible for both purposes because everything is traceable.

the only thing that really matters is more people wanting to buy it than wanting to sell it. how long that remains is yet to be seen, but as more people learn what it's all about the people who already have it don't want to sell it and the people who want to get in will pay more.

I think bitcoin will likely have more bad news than good news for the coming months. No major retailers have adopted BTC, there are few legal frameworks to support its use as an exchanged currency, and there is a lot of opposition due to the fact it's mostly used for money laundering and drugs purchases. I'd be happy to use BTC for most of my routine purchases if a big company would accept crypto, but that is HIGHLY unlikely to occur within the next couple of years or so. I think my estimates are reasonable, I do not see it breaking $20,000 unless a major corporation embraces it.

I think anything past a few years is an eternity in crypto.  With the pace of the advances in trading and AI who knows what will be happening in 2025.  I will say I think your 2018 prediction is wayyy too low.  If we look at just the past year the price of bitcoin has doubled every few months.  With the supply limited to only 21 million, it could literally explode just from one big news story or one government or major investment firm launching some major project.  I think with BitIndia making bitcoin available to the 2 Billion citizens of India we could see some huge gains.  We haven't reached mass adoption yet but we're getting closer to mass awareness and mass curiosity. I think in general we're going to see some CRAZY charts this year and all the conventional wisdom for chart analysis carried over from the stock market or Forex will be almost completely useless

It wouldn't make concrete plans on it being $10,000 but I really think it's possible.  If bitcoin is going to reach the type of numbers like John "I'll eat my dick on live tv if Bitcoin doesn't reach $500,000 in three years" McAfee and others say, we're going to see some drastic jumps and the supply and demand numbers support that.  It's just a matter of when.  I wouldn't bet the farm on it hitting $10,000 after this fork but I wouldn't be shocked either.

My predictions are as follows;

2017 Peak = $6,900
2018 Peak = $13,000
2020 Peak = $28,000
2025 Peak = $89,000
2030 Peak = <$200,000

Still hodling.

I'll admit $10,000 by November is a stretch but I don't think it's outside the realm of possibility if the growth keeps accelerating.  $10,000 by January would actually be right in line with how bitcoin has been performing this year.  Started out the year at $998 and hit $5800 today so it's been doubling about every 3 months and some change

I agree with your former part, Bitcoin is going places, and poor Jamie didn't see that coming, all was going fine for him for Bitcoin and here he has to come and start a fight for what? This is why they they say not to mess with the king, the way Jp Morgan has handled the situation I actually feel sad, that his Job is on the line, I don't like what he did but if he were to loose his job, it would be sad. Now 10k by November 1st haha no I completely disagree, by no means can it go that high, 6k or 6.5k is a more realistic target and if both forks works to advantage of Bitcoins 7 - 8 K year end. But that's also high valuation according to me.

I would say 2 or 3 months maybe.  Remember bitcoin started the year at $998 and it just hit $5800 today.  That's almost 6 time the price i.e. it's been been doubling about every 14 weeks.  I think this exponential growth is only going to accelerate not only for Bitcoin but for other Altcoins as well.

I agree, my bet is on January 2018. That might even be conservative, judging by the development this year.

Maybe $10000 next year? I don't see it going $10000 by November. The pricing really went wild but given the Segwit2x we can expect a slow down but not necessarily a halt in pricing. I do enjoy bitcoin's value going up and it is safe to assume that we might be heading to the moon faster that we thought it would.

I got excited when bitcoin finally hit the $5000 price - it's just like what others predicted
Well I hope this goes higher in December and hit the $10,000 mark by early 2018.

I think 2018 or 2020 it will hit $10000. More and more places will accept bitcoin, as it will be more stable, and then it will really main currency. In this year, it can but who can know? It's very hard.

I don't think we'll hit 10k this year but I believe we'll get there early 2018.  The fork itself isn't enough to almost double the price by that time.  6.5k-7k looks way more reasonable for the fork.

I'm glad bitcoin has reached more than $5000 but for it to hit $10000 I am not confident we can expect it this year maybe after few more years because what we want to add in the current price of bitcoin is 100% that's why its quite impossible but who knows with bitcoin everything is possible.

Hopefully bitcoin will be a 10k by nextyear, we all want that to be happen. But for now that the bitcoin price is so high. We need to expect that anytime the price can down again, but atleast for now bitcoin is more than 5k USD it is a good news for us.

You are totally right!  just wish i entered midjuly was the last great opportunity,but i just watched it going down and up...

That would be possible by the end of this year or maybe early 2018 especially if the next hardfork that will happen in November, will be successful that will again  make the market value of bitcoin to go skyrocket like the previous one. Backdrops before November are expected since the fork is getting near, the best thing to do is to hold because surely, after the fork ,it will again increase and be more expensive.

It's pretty cool that Bitcoin has reached 5k. There's no doubt that the price will keep growing as more people start getting into the crypto space. However I think we are going to see the price crash with the incoming hard fork. If Bitcoin's growth continues like it has, we might see 10k by next year.

Hitting $10k mark is a difficult task and I am sure that is not going to happen anytime soon. Definitely not within this year. I like your positive nature and we need more people like you who have a positive outlook towards bitcoin. But technically speaking, it is not going to happen in this year. Probably by the end of next year we may see that bitcoin price is moving towards 10k USD.

I don't want to discourge you but to reach 10k USD, the market cap needs to be at least 1.3 trillion USD for bitcoin which is way higher than the GDP of majority of the countries. To reach that market cap, bitcoin needs mass adoption. However, like you, I will also hope that bitcoin price will reach 10k USD mark pretty soon because then I will be able to call myself rich.

No doubt BTC will reach 10k someday but in order to reach that value, BTC must go down again to make futher accumulation to pump at 10k.
10k this year is impossible,, BTC has a chart pattern he walk to.

I have been studying the market trend for sometime now. I believe the prices are going to continue rising. Don't be shocked if we reach 10k before 2018.

I know $10k is far from today's price but I've always thinking positively that it would be reach within 2-3 years from now maybe. Is just a kind of great and fast movement of bitcoin in the market. Is just a long run but we all can benefit on this in the future.

It's amazing, isn't it. 10k was just so far away a few month ago, now the BTC price does not need to even double and we will be there. Besides the bullish trend in trading, due to the upcoming forks of Bitcoin Gold and Segwit2x many people are currently transfering altcoins to BTC. This helps to move BTC even higher and interestingly, the altcoins are dropping in BTC value, but not in $ value. If everything works fine until November without trouble regarding the forks, I am also positive, that BTC will get to 10k soon - most likely at the end of this year or beginning of 2018.

We will probably hit $10,000 BTC in 2018. It is not too difficult because the current market trend is pushing the price to new scores.  Bitcoin's value will increase and increase further.

With Bitcoin basically making Dimon shut his mouth and his own company helping to make him look like even more of a Jack*ss, plus the hardfork that's coming, I wouldn't be surprised if we saw $10,000 bitcoin by the first of November