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Topic: What Bitcoin price is too high? - page 3. (Read 3754 times)

hero member
Activity: 966
Merit: 507
July 02, 2016, 06:56:38 PM
#67
I am totally convinced that the current high price only can be understood since a speculative explanation, because I can't see an intrinsic value behind the alleged advantages of the involved technology required to develop the bitcoin. And when all the world realize it, we will see a spectacular fail in the altcoins prices.
sr. member
Activity: 447
Merit: 250
July 02, 2016, 05:21:26 PM
#66
Well considering it's current prices I think 1000$ is too high now for bitcoin's price. I would really love to see bitcoin over 1000$. If that will happen I will sell.  Grin
i doubt that 1 thousand dollars per bitcoin is already too much, the price could grow even more up not only 1 thousand dollars because there are a lot of interest in bitcoins at the moment

hopefully the price will not start falling any time soon, the price is surely not too high right now and i doubt that it will ever be too big for bitcoins, in my opinion bitcoin will be much more valuable soon
sr. member
Activity: 339
Merit: 250
July 02, 2016, 04:13:24 PM
#65
For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
Going by your choices, I can say that the value of bitcoin can be considered too high if it touches $1000+ because it just is. Comparing to all the other stocks that can be traded, bitcoin's value is definitely way up top. Hoping still this halving will bring many miracles to us.

You can not compare bitcoin with Stocks.  Bitcoin is diffrent animal.  Is like saying for example 20, 000 USD is too much for autographed  letter from JFK. Sure might be for you and me , but there will always be some one wanting to buy. If bitcoin grows and  people are willing to  collect / own / trade then 1000 USD per BTC is nothing
legendary
Activity: 1232
Merit: 1091
July 02, 2016, 04:12:24 PM
#64
Well considering it's current prices I think 1000$ is too high now for bitcoin's price. I would really love to see bitcoin over 1000$. If that will happen I will sell.  Grin

Maybe that we'll get to finally see $1000 somewhere at the end of this year, but one thing is sure, as soon as the price hits $1000 again, it will cause a massive selling wave as people have set their selling target price at $1000. It will probably cause the price to fall back to $800 prices.
I am personally going to doubt a lot of the predictions that we'll hit $1,000 within the year, maybe within a few years time we can see something like that happen. Maybe not within the next three years even, but during the next halving I'm about 95% sure that we'll see over $1,000, and maybe something to rival the previous ATH. As for now, though, probably very little is going to happen. I think we've hit about where we're going to be.

I understand where you are coming from. A lot people here like to share their wildest price predictions while they in fact don't make much sense. However, I am a bit more optimistic about the price than you are. By the time the next halving will happen, the price must be higher than $2000 otherwise block rewards will not be that rewarding at all. I personally find the $1000 barrier to be an achievable target for this year. Only time will tell what will happen.
sr. member
Activity: 266
Merit: 250
July 02, 2016, 04:07:24 PM
#63
I can say that $1000 is the price level that i can say its too high also the other poll is too much price for bitcoin that its impossible to happen so i choose $1k value because this is i think will happen in this year.
hero member
Activity: 490
Merit: 520
July 02, 2016, 04:02:53 PM
#62
Well considering it's current prices I think 1000$ is too high now for bitcoin's price. I would really love to see bitcoin over 1000$. If that will happen I will sell.  Grin

Maybe that we'll get to finally see $1000 somewhere at the end of this year, but one thing is sure, as soon as the price hits $1000 again, it will cause a massive selling wave as people have set their selling target price at $1000. It will probably cause the price to fall back to $800 prices.
I am personally going to doubt a lot of the predictions that we'll hit $1,000 within the year, maybe within a few years time we can see something like that happen. Maybe not within the next three years even, but during the next halving I'm about 95% sure that we'll see over $1,000, and maybe something to rival the previous ATH. As for now, though, probably very little is going to happen. I think we've hit about where we're going to be.
legendary
Activity: 1232
Merit: 1091
July 02, 2016, 02:46:12 PM
#61
Well considering it's current prices I think 1000$ is too high now for bitcoin's price. I would really love to see bitcoin over 1000$. If that will happen I will sell.  Grin

Maybe that we'll get to finally see $1000 somewhere at the end of this year, but one thing is sure, as soon as the price hits $1000 again, it will cause a massive selling wave as people have set their selling target price at $1000. It will probably cause the price to fall back to $800 prices.
hero member
Activity: 910
Merit: 502
July 02, 2016, 02:22:11 PM
#60
No price is high or low for bitcoins and even if we go by charts, $0.01 has been the minimum and $1.2k has been the max. Currently, the highest price is $800 which is very expensive and I don't consider buying bitcoins at that rate while for traders, every price is beneficial as they are buying and selling their trades instantly. It's always recommended to buy when the bitcoin price drops by 25%.
legendary
Activity: 1442
Merit: 1025
July 01, 2016, 11:07:49 AM
#59
For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
Going by your choices, I can say that the value of bitcoin can be considered too high if it touches $1000+ because it just is. Comparing to all the other stocks that can be traded, bitcoin's value is definitely way up top. Hoping still this halving will bring many miracles to us.
hero member
Activity: 924
Merit: 506
July 01, 2016, 10:28:46 AM
#58
I think mining bitcoin and selling at $600 to $800 range is pretty much profitable, I even think after halving you could profit with $800 to $900
Price range. but bad thing about bitcoin is that they are dictating the terms to markets and I fear that markets wont stand  those terms.
legendary
Activity: 1904
Merit: 1074
July 01, 2016, 10:22:54 AM
#57
Well, the local currency will influence your perception of what you thing Bitcoin's price should be. Let's take the Kazakhstane Tenge for instance, today you can get 223,600 KZT for one bitcoin. If you

use the Zimbabwian dollar for instance, you would be a Billionaire by now, in their currency.  Grin .... I do not even know, how these countries will handle a $ 1 000 000 US per BTC price, when that

happens. Most people cannot even count or understand the amount when it reach 1 000 000 000 000.00  Roll Eyes
legendary
Activity: 3052
Merit: 1273
July 01, 2016, 10:00:22 AM
#56
The fact that a lot of people are voting for 1000 proves that they will kill themselves in 10 years when Bitcoin is 100,000 to 1 million years. They think 1,000 is high when 1,000 is shit nothing.

Hell yeah, that price is nothing compared to the one we will see in the next few days.
It is all about distribution, and if bitcoin gets mass adoption, its price will rise accordingly with the increase in demand.
legendary
Activity: 910
Merit: 1000
July 01, 2016, 09:49:37 AM
#55
My opinion price of bitcoin will going down after halving block because we can see last halving block the price of bitcoin going down. And history will repeat itself.
full member
Activity: 154
Merit: 100
July 01, 2016, 09:41:35 AM
#54
For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
It depends on what price has been considered a stable price for bitcoins. Earlier it was stable at $250-$300 for over a year and people considered that as a stable price for BTC while since November 2015, it has seen prices like $400-$800 till date which is not considered a stable rate. For me, the highest price that bitcoin has reached is $1300 which is too high to consider buying bitcoins.
The stability of bitcoin is depend on how many user is using it. If we have billion of user then hundred thousand value should be the stable value of bitcoin.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
July 01, 2016, 09:34:05 AM
#53
For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~

From this choices for me i choose 1,000,000 because if i have 3 btc i get a lot of money. 😂 But we will never increase the price of bitcoin something like that. Because if that happened all people is never worked. And the second bitcoin price is never rise than 1,000,000. 😂 but maybe i just wanted to believe if the price of bitcoin is well become a 1000 plus. That's not possible to happen for now. 😂


For me it's better the price of bitcoin is 1 billion + because i have a lot of bitcoin now. 😂 So i should sell my bitcoin now if the price of bitcoin is up to 1 billion + 😂 that was so amazing if that happens now.  But it is impossible to do that. ,😂 But i believe that 1 Bitcoin is goes up like a $1000 + because it will happen that before. As far as I know. I think it's more than $1500 the price of bitcoin before..
Shitty spammer again, when you will getting bored to always make a spam post. every day and everytime just post in the same topic.


For op I think I do not have a big target or dream for the price of bitcoin, only want to see the price of bitcoin is getting rational and more than their starting price
it was more than enough. the bitcoin price can reach $10000,$100000 and more. it just dreams for now. anything can happen at any time but I keep my brain to be a rational person.
legendary
Activity: 1204
Merit: 1028
July 01, 2016, 09:17:52 AM
#52
The fact that a lot of people are voting for 1000 proves that they will kill themselves in 10 years when Bitcoin is 100,000 to 1 million years. They think 1,000 is high when 1,000 is shit nothing.
full member
Activity: 210
Merit: 100
July 01, 2016, 09:08:01 AM
#51
For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
For me it's better the price of bitcoin is 1 billion + because i have a lot of bitcoin now. 😂 So i should sell my bitcoin now if the price of bitcoin is up to 1 billion + 😂 that was so amazing if that happens now.  But it is impossible to do that. ,😂 But i believe that 1 Bitcoin is goes up like a $1000 + because it will happen that before. As far as I know. I think it's more than $1500 the price of bitcoin before..
legendary
Activity: 1232
Merit: 1029
July 01, 2016, 08:50:13 AM
#50
For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~
It depends on what price has been considered a stable price for bitcoins. Earlier it was stable at $250-$300 for over a year and people considered that as a stable price for BTC while since November 2015, it has seen prices like $400-$800 till date which is not considered a stable rate. For me, the highest price that bitcoin has reached is $1300 which is too high to consider buying bitcoins.
legendary
Activity: 1414
Merit: 1002
= jasad =
June 30, 2016, 11:11:45 AM
#49
I think 10,000$ is quite high value if we consider 1-2 years time but this could be achievable after decades. The current price range of 700$ around seem to be reasonable value of coin and not high but relatively cheap. So this price can be considered as good entry point before halving.
Agreed,even i pick second poll,but honestly i believe if bitcoin price reach more tha $10.000 its was too damn high,people will think this is will not safe price,potentially drop so deep,its why safe price for me stable on $1000 or more,but not more than $10.000.
full member
Activity: 154
Merit: 100
June 30, 2016, 11:00:03 AM
#48
For u personally what is a Bitcoin price that u would consider too high?

What can be the maximum Bitcoin's worth?

~CfA~

I voted for 1million value because I believe if all people will use to know and will use bitcoin for their everyday life just like USD then it will surely hit 1bitcoin that's equal to 1million USD.
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