Topic: What Will it Take For BTC to Reach $1000? - page 21. (Read 21551 times)
Well, bitcoin has already been at $1000, so it's possible again. The only, and I mean ONLY, thing it would take is for people to bid up the price that high again. It doesn't matter if more people adopt it, it doesn't matter if people hold it--folks just have to want to pay more for it. If there was only 1 bitcoin left on the planet and people would only pay $1 for it, that's what the market price would be.
We're still a year out from the next halving which will help the price climb if it doesn't doesn't drop more from here. Price is very accurate right now and showing the real demand. But the real answer is "Time". Give it 2-3 years.
First, price needs to stop falling. After stabelizing it can grow, but if the demand for bitcoins will be high. More people must start accepting btc as payment...more online stores, more physical stores.
And...something has to be done about all this scams. Bitcoin is not about scaming, but about trust. We need trust, we need it badly.
And...something has to be done about all this scams. Bitcoin is not about scaming, but about trust. We need trust, we need it badly.
If the rate of adoption is high then it would definitely reach $1000. But its like dreaming with an open eyes. The awareness level is not upto the mark as it should be. And it will take time for people to start having faith in bitcoin as people are more scared of scams.
User adoption. Teach people how they can use bitcoin to buy things online and save money.
The day when entire world start using bitcoin for even paying for minute things it will reach $1000 and to be honest that's simply not possible. It would be dream come true for the bitcoin community if it reaches at that level or atleast near to it but lets be practical.
I think you've missed out at least three zeroes there.
The world economy is just a teensy weensy bit larger than 14 billion dollars. Only a little bit though.
The day when entire world start using bitcoin for even paying for minute things it will reach $1000 and to be honest that's simply not possible. It would be dream come true for the bitcoin community if it reaches at that level or atleast near to it but lets be practical.
There was hope about a month and a half ago when Bitcoin rose over $300, then it dropped about $50 in 24 hours it was unreal. I think it will take a miracle to be honest. One day you will wake up, and Bitcoin will just keep rising and rising! Thats probably the only hope it has because I don't see anything by the looks of it which can give us more concrete evidence for predicting that price jump.
Summon the Willy bot 
This. People who believe that price of $1000 from end of 2013 were 'real' are blind. This situation can be achieved once more. All we need to do is establish a group of "Willy bots" on 2-3 major bitcoin exchanges and price will reach the moon once more. All we need for that is a bot and a whale. What Will it Take For BTC to Reach $1000?
Let's discuss.
FUD. period. Let's discuss.
If thats what can get us down, that is also what can get us up. Apart from that, people not supporting other coins like Ethereum or funding companies through bitcoin. As ultimately all that gets dumped.
Summon the Willy bot
Supply to be choked nearly to death.
Was supply choked nearly to death last year?
Bitcoin hit 1000$
And I've been waiting for it to get back there ever since
Basically mass adoption, bigger user of daily activities, like shopping, groceries, mundane shit. Thats what raises volume. But for that to happen, we need regulations, we need time, we need people seeing clear advantages to do so, and making it a cool thing to do so as well.
I doubt it will reach this high. It will be just too much.
No it depends on supply and demand, $1000 is possible but yes need time and some good issues which can lift btc price up.
We need more people to use bitcoins in this world.
May be one day that bitcoin become rare so the price will skyrocketing or may be more than $1000 but still its hard to become rare nowadays because people still dont know about it and for bitcoin, it need to become mainstream to every one first, so it will have a chance the price will go high
What Will it Take For BTC to Reach $1000?
Let's discuss.
Let's discuss.
Every night before you go to sleep...you need to pray for btc to reach $1000.
You need to pray to Jesus (the white prophet), Mohammed (the black prophet), and Santa Claus (the red prophet).
Every day you pray to the Gods, is another good day for bitcoin adoption and price. If you pray 5 times a day btc price will increase by 20 x 5 (the 5 is because you prayed 5 times)..so 100 dollars if you pray 5 times that day.
If you forget to do your prayers, btc price will go down, and bitcoin adoption will get reversed because people will be manipulated by the gods to forget about bitcoin (because you didn't do your prayers).
If you pray with other people, like friends or family, there is a multiplier effect which will increase bitcoin price even more.
Good luck with your prayers, i'm counting on you.
I doubt it will reach this high. It will be just too much.
Give us a detailed and reasoned explanation why then.
Regardless of willy bots and fractional reserves and fake Chinese numbers, coins were bought and sold by real people at that price level.
less dumping from everyone, less holding, less fud, and certainly more buyng
the usually duo about supply and demand
the usually duo about supply and demand
less holding? how so? if people don't hold their coins, how would you expect the price to reach $1000 holding is a crucial part of a high price.
if everything they do is holding, then the price won't magically rise, this is what i mean
I doubt it will reach this high. It will be just too much.
less dumping from everyone, less holding, less fud, and certainly more buyng
the usually duo about supply and demand
the usually duo about supply and demand
less holding? how so? if people don't hold their coins, how would you expect the price to reach $1000 holding is a crucial part of a high price.
Jump to: