We'll be at 10,000+ by 2026 - page 4.

Nimbulan

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Quote from: ebookscreator on July 23, 2016, 05:47:25 PM

That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

how you cannot imagine that? i guess people didnt imagine bitcoins at 660 too when they were at something like 50 dollars, 10000 will happen sooner or later

ebookscreator

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That price is very high and i think i cant imagine right now that the price of bitcoin will hit at that price..
I think the price of bitcoin can be in the future 2026 is 5k value or below..

buyinbtc

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Quote from: mv__ on July 23, 2016, 04:57:48 PM

Yes, the coming central bank coin will be 10 000 in 2026.

central banks will never accept bitcoins i think, bitcoin will never go along with fiat, also if bitcoins would become big then it would destroy the banks for sure

yugo23

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People say that btc will take value compared to dollars. Well sure enough btc price is always going up mainly because the more time goes by, the more people use it and see it as a vauable currency.

But the other point that will make it worth much more than 10k is that dollar is shaking. USA economy is going down and down and so wil do the dollars in next years! Maybe until a point where 10k dollars is not so much ^^

d@nte

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Enough time to reach 10k, when people understand the efficiency and importance of it, they will use it.
Demand up, price following the trend.

mv__

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Yes, the coming central bank coin will be 10 000 in 2026.

Karpeles

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$10k in 10 years sounds good to me, but 10 years still is a lot of time and many things may happen in the meantime.

I would not take 10k for granted, if it happens, good, if it don't, better have another way to be rich

Deepcleen

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Quote from: greatr on July 23, 2016, 02:13:50 PM

The reason bitcoin is developing is because to fix the issues we're facing like slow transactions.. Soon this things will be fix and there will be no reason as bitcoin won't be good payment system globally.

the transactions themselves are really fast because it is nearly instant, the confirmations what takes a really long time to happen unfortunately
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The most important thing is the first confirmation. If that happen in the first 4 to 6 blocks, it is fine. If it is too long, it is bad for user.

greatr

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Quote from: escrowboy on July 18, 2016, 12:23:34 PM

Quote from: BitCinderella on July 16, 2016, 11:44:23 AM

Quote from: btcbug on July 16, 2016, 11:26:23 AM

Quote from: BitCinderella on July 16, 2016, 10:51:22 AM

Quote from: btcbug on July 16, 2016, 10:24:58 AM

Quote from: RealityTruth on July 15, 2016, 01:04:09 PM

bitcoin is a netscape of digital currencies. there will be more advanced central bank coin in the future with regular people mass adoption which you can actually use at grocery store

IMO that is practically irrelevant.

Gold exists and it's not an accepted form of money, but almost exclusively used as a safe haven asset. There is $8 TRILLION invested in Gold.

If people use FiatCoin in the future there is still a case for an alternative safe haven crypto asset (BTC). If BTC reaches 2% of Gold market cap then we're at $10,000 BTC.

If 1 bitcoin is worth $10k, it will cost (1800 bitcoins mined per day) x ($10,000 per bitcoin) = $18 million per day to secure the bitcoin network at current level.

Eighteen million dollars every day, six billion five hundred seventy million dollars per year, forever and all time. Doesn't seem practical Undecided

Seems like a large amount I agree, but in the grand scheme it's still a drop in the bucket.

For a global payments system and store of value that 8 Billion people can potentially benefit from? I think money has been spent in far worse ways.

Didn't you say FiatCoin will be the global payment system, with BTC being an "alternative safe haven crypto asset"?
Bitcoin makes a pretty poor "global payments system," it can process 7 transactions per second max. That's enough for maybe two US shopping malls. On a slow day.

The reason bitcoin is developing is because to fix the issues we're facing like slow transactions.. Soon this things will be fix and there will be no reason as bitcoin won't be good payment system globally.

the transactions themselves are really fast because it is nearly instant, the confirmations what takes a really long time to happen unfortunately

CloudStrife

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It can be before 2026, but we need a safe and stable network over the coming years.

FruitBucket

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Quote from: retrocoingames on July 22, 2016, 09:15:05 AM

10,000+ sounds good to me. Kind of makes it tough spending the bitcoins I have now thinking about that!

There is no need to wait 10 years for the bitcoin price to reach $10,000. It might take much shorter than that.

retrocoingames

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10,000+ sounds good to me. Kind of makes it tough spending the bitcoins I have now thinking about that!

CryptoBjorn

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Quote from: FruitBucket on July 22, 2016, 04:32:20 AM

Quote from: dmarine on July 21, 2016, 12:06:46 PM

It is possible, given the long period of time to gain space.

That is right. 10,000 is just 16 times of present value. In the past 7 years, the price more than doubled every year on average.

Where did you get this information from? If you count 2012 200, then 2013 would be 400, 2015 800 and 2016 1600. We are not even close tot that figure, not even half..
So no it's bad math/ investment advice. Expecting 20% per year, is ok.

FruitBucket

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Quote from: dmarine on July 21, 2016, 12:06:46 PM

It is possible, given the long period of time to gain space.

That is right. 10,000 is just 16 times of present value. In the past 7 years, the price more than doubled every year on average.

angaper

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I would like to know what are your theoretical basis to think that bitcoin will achieve that price at that precise time. I think it is almost impossible to foresee what will happen on the altcoin world in ten years because of the continuous advances that we are seeing in technological innovations every day. And I don't think the bitcoin price can achieve a price above $1500 ever.

Vikingr

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In 2016 it will be very hard for the bitcoin to reach to the value of $10 000 , I think the price will increase but only to around $1000, and the price will then continue and will take some more years to reach to $10 000.

dmarine

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It is possible, given the long period of time to gain space.

sishendaoye

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Quote from: Bitcoinbro on July 20, 2016, 03:50:27 AM

Quote from: Adriandmen on July 11, 2016, 11:09:35 AM

In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.

It can be possible if the price is going to be that high in 2026 but we can not be sure about that right now because we have a couple of years that we need to get trough.
I hope that it is going to be that high because I would for sure sell it for that price.

It can be possible but that is a really long time that we have to wait for the price to be that high and that is what I do not like about Bitcoin.
The waiting process can sometimes be way to long.

yubsep

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I think 1 Bitcoin will be over $10,000 in 2032 and 1 satoshi = $0.0001

2016 2nd halving to reward block 12.5 BTC
2020 3rd halving to reward block 6.25 BTC
2024 4th halving to reward block 3.125 BTC
2028 5th halving to reward block 1.5625 BTC
2032 6th halving to reward block 0.78125 BTC

- Mining bitcoin will be so difficult but not impossible.. To mine you must be get Antminer s100000 Cheesy

- Bitcoin the future of currency and most of websites 85% will be add bitcoin for payment systems...
- May be fees of transactions will be increase little but never be late for 1 day maximum 30-60 min to receive your transaction.. Technology upgrading every hour to be smartest and fastest...

Remember 1 bitcoin was $1032 in the middle of 2013...

Bitcoinbro

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Quote from: Adriandmen on July 11, 2016, 11:09:35 AM

In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.

It can be possible if the price is going to be that high in 2026 but we can not be sure about that right now because we have a couple of years that we need to get trough.
I hope that it is going to be that high because I would for sure sell it for that price.

Topic: We'll be at 10,000+ by 2026 - page 4. (Read 4779 times)