It will take either time or a lot of money. The bitcoin halving is designed to make the difficulty twice than it is every now and then. That will make the price of Bitcoin higher. Imagine if there is no halving and the difficulty is still low, then people can easily mine Bitcoins and that makes the amount of Bitcoins in circulation much higher. Making it less scarce and have less value.
A lot of money is needed to pump the price of Bitcoin. Millions or thousands of dollars is needed in order for Bitcoin to pump at that price. I guess you wouldn't be spending your time being in this forum if you have that much money.
Topic: What Will it Take For BTC to Reach $1000? - page 10. (Read 21683 times)
it is very simple. bitcoin will reach $1000 when. there is high supply for it and there are people willing to buy with this price. I hope we will see this price before 2017
No bro. In high supply we would not get the price rise. As per supply and demand in bitcoin then only price will move to high value and we need some good adoption with big MNC companies over the salary payment and business transaction via bitcoin will be make changes in btc value to high.
in order bitcoin to reach that high, it needs a really high demand so in order to up the price we need a lot of people to use bitcoin, and the transaction rate need to be really high, the other way is through halving
it is very simple. bitcoin will reach $1000 when. there is high supply for it and there are people willing to buy with this price. I hope we will see this price before 2017
What Will it Take For BTC to Reach $1000?
Let's discuss.
Let's discuss.
A hard dump when the price reached $2,000 lol. People will start buying bitcoin and this will be trending like gold and bitcoin is spread everywhere and the price will gradually increase to $1k.
I do not think it so hard needed good upgrades but that it needs way more publicity and more people that are willing to work with it.
Only than we can reach such numbers.
The current system is already good with bitcoin, it is the support of the people that will make the price go up like that, the demand should increase and since we are seeing big businesses that accepts bitcoin and big contributor is the gambling industry, they really make the price of bitcoin good.Only than we can reach such numbers.
Yeah and I think the adoption is key here, price can go much higher in future if we find new investors and big companies that are willing to put their money in bitcoins, if that happens $1k price won't be hard to achieve.
Indeed, it wont be hard to achieve such price if the adoption would increase and many big investors would tend to put money into bitcoin and for sure price would increase and as expected it would still go down when that price point because all of those long bitcoin holders would definitely sold out their coins espcially to those who bought on $600 price mark.
I do not think it so hard needed good upgrades but that it needs way more publicity and more people that are willing to work with it.
Only than we can reach such numbers.
The current system is already good with bitcoin, it is the support of the people that will make the price go up like that, the demand should increase and since we are seeing big businesses that accepts bitcoin and big contributor is the gambling industry, they really make the price of bitcoin good.Only than we can reach such numbers.
Yeah and I think the adoption is key here, price can go much higher in future if we find new investors and big companies that are willing to put their money in bitcoins, if that happens $1k price won't be hard to achieve.
I do not think it so hard needed good upgrades but that it needs way more publicity and more people that are willing to work with it.
Only than we can reach such numbers.
The current system is already good with bitcoin, it is the support of the people that will make the price go up like that, the demand should increase and since we are seeing big businesses that accepts bitcoin and big contributor is the gambling industry, they really make the price of bitcoin good.Only than we can reach such numbers.
yeah, with lacking investing,gambling seem the main market make bitcoin price go up
I do not think it so hard needed good upgrades but that it needs way more publicity and more people that are willing to work with it.
Only than we can reach such numbers.
The current system is already good with bitcoin, it is the support of the people that will make the price go up like that, the demand should increase and since we are seeing big businesses that accepts bitcoin and big contributor is the gambling industry, they really make the price of bitcoin good. Only than we can reach such numbers.
I do not think it so hard needed good upgrades but that it needs way more publicity and more people that are willing to work with it.
Only than we can reach such numbers.
Only than we can reach such numbers.
Not only upgrades but more on adoption and more people would tend to buy even more bitcoin and with this the supply would lessen and demand would rise which means the price of bitcoin would definitely rise and it would really need a high demand in able to reach it on $1000 mark but for now we would hard to see that price for sure.
I do not think it so hard needed good upgrades but that it needs way more publicity and more people that are willing to work with it.
Only than we can reach such numbers.
Only than we can reach such numbers.
For Bitcoin to reach 1000$, it needs improvements. Besides improvements, it needs more whales to invest in it and a low supply in my opinion. The improvement they need to implement for it to reach 1000$ I think is the transaction confirmation time since sometimes, it is slow and delayed. If it is lightning fast, it would attract more whales to invest in bitcoin and it will cause a price rise.
yeah i think it needs a lot of things that must be prepared for bitcoin prices could rise to $ 1,000 back, I do not want prices to rise quickly and fall very quickly as well, such as a few years ago, I would like bitcoin prices could stabilize in the $ 1000 price
For Bitcoin to reach 1000$, it needs improvements. Besides improvements, it needs more whales to invest in it and a low supply in my opinion. The improvement they need to implement for it to reach 1000$ I think is the transaction confirmation time since sometimes, it is slow and delayed. If it is lightning fast, it would attract more whales to invest in bitcoin and it will cause a price rise.
yeah i think it needs a lot of things that must be prepared for bitcoin prices could rise to $ 1,000 back, I do not want prices to rise quickly and fall very quickly as well, such as a few years ago, I would like bitcoin prices could stabilize in the $ 1000 price 
a hardfork and a bigger block size.
the math is quite easy.
metcalfes law suggests that the value of a network increases by a factor that relates to the number of active users squared.
More users means more transactions, so bigger block sizes are needed.
the math is quite easy.
metcalfes law suggests that the value of a network increases by a factor that relates to the number of active users squared.
More users means more transactions, so bigger block sizes are needed.
It is definitely going to take some time before that price is reached. I think it is not a matter of how, but a matter of when. We don't know exactly when but the long term trend is still intact, and that is going up. Let's just wait a while and before we know it, the price will be in the four digit level already.
yeah true what you say that I'm sure the price of bitcoin sure to touch $ 1,000 back. I do not know when it happened, but look at the development of bitcoin is getting better again, I can ensure that the future certainly bitcoin prices will be more than $ 1,000 just wait
For Bitcoin to reach 1000$, it needs improvements. Besides improvements, it needs more whales to invest in it and a low supply in my opinion. The improvement they need to implement for it to reach 1000$ I think is the transaction confirmation time since sometimes, it is slow and delayed. If it is lightning fast, it would attract more whales to invest in bitcoin and it will cause a price rise.
It takes what it always takes for a price increase: The supply of bitcoin must decrease or the demand increase, or both together.
That could be reached with a growth of the bitcoin community. More people here who want to buy coins leads to both of the above.
Or a big investor enters bitcoin and buys. Then the supply decreases as well.
That could be reached with a growth of the bitcoin community. More people here who want to buy coins leads to both of the above.
Or a big investor enters bitcoin and buys. Then the supply decreases as well.
I think that another scenario which can pump the price to $1,000 is when all people from other cryptocurrencies move to bitcoin.
We understand that people trade from bitcoin to altcoins and vice versa but what if they leave the altcoins and focus only on bitcoin/fiat exchange, by this the price could reach $1,000 easier.
It is definitely going to take some time before that price is reached. I think it is not a matter of how, but a matter of when. We don't know exactly when but the long term trend is still intact, and that is going up. Let's just wait a while and before we know it, the price will be in the four digit level already.
It would actually be really great if we could reach that limit in coming year, 2017, because there would be a massive adoption level increase in that year that is what i feel because it is already increasing and spreading in the world in terms of population and the more its population grows the more places would take interest in it and then the price will have a chance to grow.
It takes what it always takes for a price increase: The supply of bitcoin must decrease or the demand increase, or both together.
That could be reached with a growth of the bitcoin community. More people here who want to buy coins leads to both of the above.
Or a big investor enters bitcoin and buys. Then the supply decreases as well.
That could be reached with a growth of the bitcoin community. More people here who want to buy coins leads to both of the above.
Or a big investor enters bitcoin and buys. Then the supply decreases as well.
What Will it Take For BTC to Reach $1000?
Let's discuss.
I am not sure on what it is going to take but I can tell you that I have been waiting a long time for this to happen and I thought that it would happen at the previous rising. Let's discuss.
It did not happen so I think that it has to happen the next time the Bitcoin is rising.
It has all to do with expectations that are way too high. Back in June of this year people seriously were thinking the price would reach $1000 this year. I must admit that at the peak it was looking like a possibility, but people simply overlooked the bubble that was created by the hype and speculation around the block halving. It had to burst, and it did.
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