What Will it Take For BTC to Reach $1000? - page 11.

rektDude

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Quote from: David19 on May 07, 2015, 03:49:34 AM

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.
It did not happen so I think that it has to happen the next time the Bitcoin is rising.

Luke2939

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If bitcoin need be at 1000$ mark then it needs more users and to get more users we need to actively promote bitcoins to our friends and family. Everything takes time to grow, so we need to be patient. I got this idea of paying the software developers and programmers in bitcoins. All major IT companies and block chain companies should make payments, at least some portion of the salary should be paid in bitcoin. This will help for the community to grow. I do not know how many companies would do that, but if they can we can see a huge growth in number of bitcoin users

Doms

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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.

Wind_FURY

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Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

The original post was made on May of 2015. More than a year later Bitcoin is still under $1000. Not even the halving has made it rise above it. Some people have mentioned that the halving was the biggest chance for Bitcoin to reach and go over $1000. But it isn't so.

Now let us think of a new scenario and start over again from the beginning. What will it take for Bitcoin rise to $1000 and go beyond it?

mark coins

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Quote from: GermanFoobla on October 05, 2016, 09:00:47 AM

Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

I am not sure what it is going to take but I am waiting a long time for the price to finally reach $1000. I thought that at the last rise we were going to reach it.
I was wrong and the price only reach $800, pretty sour.

That was the time before few weeks of halving when price touched $780 level and everyone was hoping that it will cross $1k at the time of halving but it didn't happen and the reality is that its never easy to touch that price and it will take a long time.

bitbunnny

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I'm not sure if there is receipe what takes Bitcoin to reach such high price again. Does anyone remember what were the circumstances that preconditioned last high price? Mass buying, selling, whales manipulations, hacking attacks on big exchangers all this can influence the price to go up and down but still users alone can't move price in desired direction.

GermanFoobla

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Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

I am not sure what it is going to take but I am waiting a long time for the price to finally reach $1000. I thought that at the last rise we were going to reach it.
I was wrong and the price only reach $800, pretty sour.

pitham1

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Quote from: sishendaoye on September 21, 2016, 08:52:30 AM

Time. It will take alot of time for bitcoin to reach amounts above 1k. Not much we can do about it since we are not major investors.
We have to wait till bitcoins infrastructure is finished and we get more users buying into bitcoin making the vaue go up and up.

Time is a very open-ended answer. If it takes 100 years for Bitcoin to reach $1000 most of us won't be interested.
The return on Bitcoin has to beat most other assets (given its riskiness) if it has to remain attractive to investors.

sishendaoye

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Time. It will take alot of time for bitcoin to reach amounts above 1k. Not much we can do about it since we are not major investors.
We have to wait till bitcoins infrastructure is finished and we get more users buying into bitcoin making the vaue go up and up.

ultrloa

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Quote from: Pursuer on September 21, 2016, 07:39:54 AM

Quote from: Noctis Connor on September 21, 2016, 07:17:43 AM

Quote from: ekoice on September 21, 2016, 06:29:40 AM

When demand for bitcoin becomes more, then it will cross $1000.For that, Bitcoin has to be made familiar to all sects of people all over the world which will cause a gradual increase in demand for bitcoins. By the end of 2017, it is expected to reach $1000.

I though the coinbase hack earlier or it just a hoax if coinbase hack those account probably the demand of bitcoin will go down again like benifix doo because of them thats why bitcoin price decrease and hoping it wont happen again where happy that bitcoin are now stable

I can not find any news about "coinbase being hacked" so I think you have heard some random news somewhere and you are quoting an obstructed version of it!

the only thing that I can find through searching is that "steam community" not "steam" has lost 25BTC because of using bots that were hacked due to using coinbase and their bots were exploited that is all.

and I should emphasize that this has nothing to do with steam and them using bitpay to accept bitcoin this is a complete different story.

I heard that also and theirs article i read earlier( i forgot where do i read that) but i think it is just another hoax so it can create panic maybe their are bad people behind for that hoax spreading so they cam buy bitcoins at cheapet price if the price would really go down if they succeed, but we shouldn't take he issue seriously untill proofs are present to support the fact, so thats why we should stick to our god feel and believe unto bitcoins and price will pump for sure.

Pursuer

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Quote from: Noctis Connor on September 21, 2016, 07:17:43 AM

Quote from: ekoice on September 21, 2016, 06:29:40 AM

When demand for bitcoin becomes more, then it will cross $1000.For that, Bitcoin has to be made familiar to all sects of people all over the world which will cause a gradual increase in demand for bitcoins. By the end of 2017, it is expected to reach $1000.

I though the coinbase hack earlier or it just a hoax if coinbase hack those account probably the demand of bitcoin will go down again like benifix doo because of them thats why bitcoin price decrease and hoping it wont happen again where happy that bitcoin are now stable

I can not find any news about "coinbase being hacked" so I think you have heard some random news somewhere and you are quoting an obstructed version of it!

the only thing that I can find through searching is that "steam community" not "steam" has lost 25BTC because of using bots that were hacked due to using coinbase and their bots were exploited that is all.

and I should emphasize that this has nothing to do with steam and them using bitpay to accept bitcoin this is a complete different story.

Noctis Connor

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Quote from: ekoice on September 21, 2016, 06:29:40 AM

When demand for bitcoin becomes more, then it will cross $1000.For that, Bitcoin has to be made familiar to all sects of people all over the world which will cause a gradual increase in demand for bitcoins. By the end of 2017, it is expected to reach $1000.

I though the coinbase hack earlier or it just a hoax if coinbase hack those account probably the demand of bitcoin will go down again like benifix doo because of them thats why bitcoin price decrease and hoping it wont happen again where happy that bitcoin are now stable

Viyamore

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That needed a demand for it to reach $1000 more people who will buy and keep storing of bitcoins i think it is merely possible as this next year ,this week it fluctuates almost to $1000 ,i think somebody a big bag holder of bitcoins rolls it.
For now on we need more people who will join and buy more bitcoins itnis the only way for it to reach this top.

coynedterm

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Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

i think it will take a whole year to reach this amount of btc because the price of btc is most stable at the current time . there is only small little fluctuation of $2-3 usd only . so i think it will take over complete year to reach at the target of $1k USD

Barbut

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Bigger demand, and for bigger demand market need to be even bigger. More people need to join bitcoin movement, and that is key for success. I think that will happen with the time, bitcoin community is constantly growing, and that is visible.
Also we need more places where we can spend our bitcoins that we earn, it would be great if some companies adopt btc as salary for their workers. There are many things that can make bitcoin price increase, one of them is recognizing bitcoin as currency from different governments, that will make people to have more trust in bitcoin.

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Quote from: David19 on May 07, 2015, 03:49:34 AM

What Will it Take For BTC to Reach $1000?

Let's discuss.

in this year it is very tough for bitcoin to reach at $1000 but i think in next year there will something like this . if any matter comes like brexit ( bretain + exit ) then surely its price will cross the limit of $1000/btc .

ekoice

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When demand for bitcoin becomes more, then it will cross $1000.For that, Bitcoin has to be made familiar to all sects of people all over the world which will cause a gradual increase in demand for bitcoins. By the end of 2017, it is expected to reach $1000.

Mrmoney2

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Quote from: tampazeus on September 20, 2016, 08:45:57 AM

Quote from: passwordnow on September 20, 2016, 08:40:45 AM

Quote from: romero121 on September 20, 2016, 01:55:04 AM

Quote from: 23dzmaz on September 19, 2016, 09:37:00 AM

I think it will takes a long time to reach $1000 for the price of bitcoin. Because after the halving, the price of bitcoin is stable right now. It might increase again in the end of the year, but it will not reach $1000.

As there is no similar events similar to halving, the price might touch $1000 with its gradual increase. For this gradual rise time is required which might happen around the middle of the year 2017.

I am also hoping that the price of bitcoin is going to reach $1,000 for next year and I hope that is going to keep on increasing as the next year is going to come. But if we are going to expect too much for this then if this is not going to happen what possible to happen is that we are going to get hurt too much too.

Yes $1k is difficult to achieve in this year and it can reach there only if we find massive adoption and new investors bringing their money into it and which can take some time.

I don't think that is so difficult to reach 1k $ if you see the charts is more than possible to reach 800/900 in the next rally.
I think that the price for the end of the year will be near 900 and more than 1k in first quarter of 2017.
But this is just my opinion we will see

tampazeus

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Quote from: passwordnow on September 20, 2016, 08:40:45 AM

Quote from: romero121 on September 20, 2016, 01:55:04 AM

Quote from: 23dzmaz on September 19, 2016, 09:37:00 AM

I think it will takes a long time to reach $1000 for the price of bitcoin. Because after the halving, the price of bitcoin is stable right now. It might increase again in the end of the year, but it will not reach $1000.

As there is no similar events similar to halving, the price might touch $1000 with its gradual increase. For this gradual rise time is required which might happen around the middle of the year 2017.

I am also hoping that the price of bitcoin is going to reach $1,000 for next year and I hope that is going to keep on increasing as the next year is going to come. But if we are going to expect too much for this then if this is not going to happen what possible to happen is that we are going to get hurt too much too.

Yes $1k is difficult to achieve in this year and it can reach there only if we find massive adoption and new investors bringing their money into it and which can take some time.

passwordnow

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Quote from: romero121 on September 20, 2016, 01:55:04 AM

Quote from: 23dzmaz on September 19, 2016, 09:37:00 AM

I think it will takes a long time to reach $1000 for the price of bitcoin. Because after the halving, the price of bitcoin is stable right now. It might increase again in the end of the year, but it will not reach $1000.

As there is no similar events similar to halving, the price might touch $1000 with its gradual increase. For this gradual rise time is required which might happen around the middle of the year 2017.

I am also hoping that the price of bitcoin is going to reach $1,000 for next year and I hope that is going to keep on increasing as the next year is going to come. But if we are going to expect too much for this then if this is not going to happen what possible to happen is that we are going to get hurt too much too.

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