Topic: We Are Making History (Read 7911 times)

Most active members are very poor, they do not have money to buy 100 bitcoins. They just have time to fud.

I agree with that totally. Each active forum member should buy 100 bitcoin. If there are 100,000 active members, that is 10 million bitcoins.

how is it so hard to believe bitcoin will reach $5000?

Seriously, it's harder to believe it WON'T go there because $7 billion market cap is NOTHING.

Warren buffet alone has more money than all of bitcoin combined times 9.

Warren buffet could easily buy 200 bitcoin at the current price, but there aren't even 200 bitcoin

and that's just 1 person.

You see how unsustainable this price is?

we are WAY TOO LOW.

It's not even a matter of being a few $100 too low, or even a few $1000. We are too low by a few orders of magnitude.

It's necessary that bitcoin will reach prices of at least $100,000, if not $10,000,000 before it can get any kind of stability.

You may call me delusional, but really, think about it. 21 million bitcoin divided over 7,4 billion people. On average there's not even 0.003 bitcoin per person.

This means that even 1/333th of a bitcoin is too expensive for most people.

Right now, most people can easily afford a full bitcoin. Bitcoin has to be at least a 1000 times more expensive before it becomes at the price it should be at, considering how scarse it is.

You can't have only 21 million bitcoin and still having a bitcoin be $600, because we'd run out of bitcoin. That's not how free markets work.

If everyone wants bitcoin, and there's a finite amount of bitcoin, the price will HAVE to go up, it's simple economics.

There's no other way i can explain it, if you don't understand this, well, sorry for you.

There is only 1 reason why bitcoin should not go up, and that is if people will not use bitcoin.

We know that it is very likely that the world will use bitcoin. It's already happening.

If we push the price to higher than $500 in June or July, then it could rise further and may not come down.

If it will be happened so that is a good new,also it is most biggest new than Halving. 
But it is too fast, so a lot of number people don't believe in it.
Otherwise it is really making the history.
But in this way, bitcoin is very expensive thing, so mostly people can't afford it to buy the bitcoins, and all of us will sell the bitcoins.

i couldn't retire on bitcoin alone with $5000 bitcoin but if you have 1000 bitcoin or something why not?

some people have tons of bitcoin

meh, i would never put all my faith into one possible thing which is price rise of bitcoin.

i think the price of bitcoin will soon reach $5000 in a couple of years but at the same time i don't think planning on retiring on this single thing is wise either.

That means work for 5-10 years and then retire. I can live with that. 5 digits and I am hanging up my work boots.

you lack faith, or you're really impatient and/or old.

it won't take very long at all before we see 5 digits.

i predict anywhere between 5 and 10 year that we will see 5 digits, maybe even 6.

The price is ultimately determined by the adoption. The more useful the bitcoin, the higher the price.

When looked in  terms of adoption it is therefore being responsible for a rising price .  The Bitcoin community is growing, evolving and changing constantly. Lot's of debates happened recently but i think the market cap will increase day by day.

i think you are right, we might see a new all time high at the end of this year or in the begining of the next year, and even bigger increases in the upcoming decade what will make me some good money

of course we are making history as we are using a new currency that will be really popular in the near future and that will make us a lot of money if we invest into it right now

i am mostly agreeing with the last part of your comment, they are accumulating while the price is low and if you watch the market closely and do some analysis over time you will see that they are indeed keeping the price down to accumulate more at this rate.

YEs bitcoin is making history

Lower 4 digits might happen some time next year. High 4 digits will happen in 2 to 5 years or longer.

I'd expect high 4 digits. I would really, really doubt Bitcoin going up just because of pension plans starting to accept Bitcoin. It would mean that Bitcoin is a bigger commodity at that point, and the government and multiple other agencies are interested in Bitcoin and recognize it, so having more people interested in investing isn't necessarily something that is completely out of the cards.

5 digits for Bitcoin would be nuts, and I eagerly await the day it hits that sort of value, but I doubt it'll be within my span of interest in Bitcoin, maybe even my lifetime.

If this should happen we will surpass moon and heading directly to mars!!
5-6 digits would be easy targets then.

When the pension funds are allowed to invest into bitcoin, the bitcoin price will rise many times.

No Matter, Bitcoin is less market cap than Wall street, but sooner it will over this