We'll be at 10,000+ by 2026 - page 6.

thejaytiesto

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Quote from: FruitBucket on July 13, 2016, 04:03:20 PM

I think the OP is not very confident. With the general mass adoption of the bitcoin, the price will be over $100,000 each.

I am indeed being very conservative. But the thing is, we don't even need mass adoption of bitcoin, we only need whales moving their wealth on bitcoin. With a small % of gold and stocks moving in bitcoin ecosystem, price can be $100,000+. I said $10,000 as a conservative figure.

Farma

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I think it is still very long, but I guess that will not happen in a few years. if you look back, the price of bitcoin is also only 1 times up to $ 1000, and it has not happened again until today. and it was already past several years. I just predict that the current bitcoin prices around $ 3500- $ 3900

iv4n

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10 000 $ for ten years is pretty much in my opinion, I believe in rise but this is much more then I expect. In this case its gonna be safe to buy bitcoins in next 5 years, and this 650 $ means that btc is still very cheap.
I believe in miracles, and if this happen its gonna be big miracle. We will see, but around 5 000 $ will be more reasonable prediction.

FruitBucket

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Quote from: elyas772 on July 14, 2016, 04:15:37 AM

it's big amount im not sure we can reach $10.000 in 2026 but im sure the price will be stable at $5000

but im sure it's very hard to earn 1btc peryear like now.

$10,000 is just 16 times higher than the current $650 price. I think the bitcoin price will reach that level easily in 4 to 6 years.

elyas772

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it's big amount im not sure we can reach $10.000 in 2026 but im sure the price will be stable at $5000

but im sure it's very hard to earn 1btc peryear like now.

ASHLIUSZ

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Quote from: martinacar on July 14, 2016, 04:06:52 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.

Yeah it is possible that the price is $10,000 over 10 years but the price can even be higher because we do not know what will happen in the mean time.
I am worrying about that later because I like to focus on the present at the moment.

we cant predict anything, if the flow is the same as now it can reach $10k or even more, there is 10 years gap and anything could happen in the meantime.

martinacar

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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.

Yeah it is possible that the price is $10,000 over 10 years but the price can even be higher because we do not know what will happen in the mean time.
I am worrying about that later because I like to focus on the present at the moment.

FruitBucket

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I think the OP is not very confident. With the general mass adoption of the bitcoin, the price will be over $100,000 each.

Altynbekova

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No that is not going to happen in 2016 or the halving really has to surprise us but I do not think that t is going to happen.
It can be possible for the price to be $10,000 in 2026 but the only thing we can do is wait.

azguard

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Quote from: markj113 on July 11, 2016, 03:17:56 PM

Quote from: mrhelpful on July 11, 2016, 03:15:50 PM

The market cap will only increase due to failed economic turmoils that each country will go through.

And during this crisis people will find other ways to sustain their loss as much as possible - if they find bitcoin then they will take a stab at it.

Bitcoin has been proven enough despite being volatile that its still earned its place to be an option.

This hasnt shown to be true during the last few weeks of economic uncertainty. People have turned to gold for safety driving the price higher.

its gonna be always like struggle with to invest in bitcoin or gold some will do on one thing other will invest in both and some will not invest at all
still believe that both are good to invest and for that in 10 year price for bitcoin will go much higher then 10k

greatr

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of course we will be at 10 thousand dollars after ten years, thats a lot of time and a lot of people will be buying their bitcoins, in my opinion we might see even bigger price growths soon

markj113

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Quote from: mrhelpful on July 11, 2016, 03:15:50 PM

The market cap will only increase due to failed economic turmoils that each country will go through.

And during this crisis people will find other ways to sustain their loss as much as possible - if they find bitcoin then they will take a stab at it.

Bitcoin has been proven enough despite being volatile that its still earned its place to be an option.

This hasnt shown to be true during the last few weeks of economic uncertainty. People have turned to gold for safety driving the price higher.

mrhelpful

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The market cap will only increase due to failed economic turmoils that each country will go through.

And during this crisis people will find other ways to sustain their loss as much as possible - if they find bitcoin then they will take a stab at it.

Bitcoin has been proven enough despite being volatile that its still earned its place to be an option.

Adriandmen

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Quote from: rekinthis on July 11, 2016, 01:24:42 PM

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.

i doubt that bitcoin will ever die, in my opinion people will surely be using bitcoinis all the time and there will always be miners, i think that we might reach such price in 2026

Hmm, maybe you're right. Maybe it will be substituted by something else that is even better than bitcoins. But only time will tell.

Dafar

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Quote from: thejaytiesto on July 11, 2016, 11:07:51 AM

Listen, it doesn't fucking matter if you get in at 1000 or at 100

It kinda does... if I have 1000 to spend on BTC I would either have 1 BTC or 10 BTC depending on when I get in.

At 10K/btc... I would either have $10K with a single BTC or $100K with 10 BTC, huge difference

And 2026? Wow.... I hope we get to $10K a lot sooner

gentlemand

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Quote from: hermanhs09 on July 11, 2016, 01:54:06 PM

I think the thing you are doing right now is getting just over-excited about bitcoin.
It is a great tool,but you cannot expect THAT big rise,it may really go up very high,but just dont say things like that...

Yes, He Must Be Stopped.

Of course it's possible. Nobody knows how likely it is. Whatever happens there's going to be so much rich reading for people perusing this forum in a decade.

Hello, futurepeople. Either you envy or pity us. Don't judge.

hermanhs09

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Quote from: thejaytiesto on July 11, 2016, 11:07:51 AM

I can't believe people that still don't own any Bitcoins are waiting for it to get any lower to get in. Anyone that isn't a complete moron should known by now that Bitcoin is insanely underpriced at only 10 billion dollar marketcap at the potential to grow is immense. I can't believe so many short sighted idiots are watching such a once-in-a-lifetime opportunity to pass by like this, time after time as they are always waiting for a perfect price.

Listen, it doesn't fucking matter if you get in at 1000 or at 100, in the long term, anyone that didn't buy when the price was this cheap, will cry and have suicidal thoughts over it. But I guess some people can't put things into perspective only after those things happen, which is ironically why few get rich while most stay poor and mediocre as they cry about missed opportunities. Those pussies don't deserve to be right anyway.

I think the thing you are doing right now is getting just over-excited about bitcoin.
It is a great tool,but you cannot expect THAT big rise,it may really go up very high,but just dont say things like that...

Denker

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I agree with OP.
A price of 10k+ in 10 years is not unlikely if Bitcoin still should be the number one coin in that time.
I think it was the world economic forum who said to expect 10% of global gdp being stored in blockchain in 2027!
As a metric they used the world money supply of $80 trillion I believe.I'm too lazy to search for that stuff now. Lol
Let's assume these guys are right and 10% of global gdp will be stored in blockchain and that 1% of that would be in Bitcoin.
That would be a $800million market cap and $40k per coin if we assume having 20million coins (satoshi coins lost).

gentlemand

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Quote from: Biodom on July 11, 2016, 12:11:06 PM

People with large amounts of money, aka wallstreet, mutual funds, hedge funds, etc. look to be reluctant to invest in an asset where majority of trading and vast majority of transaction confirmations are chinese-based.

Is not the world's largest buyer of gold China? And they own lots of lovely US debt too.

The Chinese bucket shops need to become an irrelevance. That'll require better exchanges and some actual demand, of which there is little to none in the real world. If and when there is a few sprinkles of it then off it'll go.

I'm sure the average human is bright enough to know that the Chinese trading thing is a mirage but I don't think mining is going anywhere else any time soon.

rekinthis

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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.

i doubt that bitcoin will ever die, in my opinion people will surely be using bitcoinis all the time and there will always be miners, i think that we might reach such price in 2026

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