When to hit $10,000? - page 16. | Bitcointalksearch.org

znickelbackz

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Quote from: Vaskiy on April 22, 2016, 12:08:39 AM

Quote from: znickelbackz on April 21, 2016, 08:56:56 PM

Quote from: richjohn on April 21, 2016, 08:35:53 PM

The date in the choices already surpassed and the remaining is longer than this. Well I think it will that amount after 20 years I guess. Who knows.

or it will never happen, bitcoin price won't hit $10000 ever, who knows. there is not a 'never' option in the poll so people can't choose it. no one expect it here but to be fair it probably happens.

One can't say that it won't hit $10k ever, as the future of bitcoin is unpredictable anything can happen in future, if more users join this forum this can be achieved but what, it take some long days.

well, this is a poll, it should cover all the capabilities that can happen, because, as you said, future of bitcoin is unpredictable, anything can happen in future.
maybe someday $ will dissappear and can never be compare to bitcoin anymore Undecided

uki

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Quote from: 1Referee on April 24, 2016, 06:14:52 AM

Quote from: kingcrimson on April 24, 2016, 04:38:10 AM

lol at the 'it will never happen' crowd. One word: gold

Gold is different and is around for a few K years, so in that aspect I can't really see it as good comparison. That's why I can agree with some people that say that $10,000 is looking beyond insane at this point. We only don't know how things look after 10-20 years. Chances are low, but definitely not impossible.

Bitcoin, at least in theory, was supposed to emulate gold. That was the original idea behind it. But, I agree that it is to early to call this experiment successful. Gold, is by far, more recognised asset and in the event of a Armageddon-like crash of fiat currencies I bet most of the average Joe's will prefer gold rather than Bitcoin. That is yet another reason why $10k is a distant dreamland.

zalucia

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Quote from: Vaskiy on April 24, 2016, 10:09:06 AM

Quote from: michietn94 on April 24, 2016, 10:02:45 AM

I can say that it is possible but it require more time since some country still not implement bitcoin adoption yet.
If all country decide to accept bitcoin , there will be more demand on bitcoin that will impact into bitcoin's value.
So for who has known bitcoin, just hold it as much as possible !

If adoption rate increases too we can't expect the price to be $10k that is such a large amount, this may happen after few years, if the present users keeps on spreading bitcoin to others.

If the user of the bitcoin is increased from 0.5 million to 5 million people, the price could rise 100 times.

Vaskiy

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Quote from: michietn94 on April 24, 2016, 10:02:45 AM

I can say that it is possible but it require more time since some country still not implement bitcoin adoption yet.
If all country decide to accept bitcoin , there will be more demand on bitcoin that will impact into bitcoin's value.
So for who has known bitcoin, just hold it as much as possible !

If adoption rate increases too we can't expect the price to be $10k that is such a large amount, this may happen after few years, if the present users keeps on spreading bitcoin to others.

michietn94

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I can say that it is possible but it require more time since some country still not implement bitcoin adoption yet.
If all country decide to accept bitcoin , there will be more demand on bitcoin that will impact into bitcoin's value.
So for who has known bitcoin, just hold it as much as possible !

JessicaSe

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Quote from: romero121 on April 24, 2016, 08:36:56 AM

Quote from: Ulloa on April 24, 2016, 08:27:15 AM

It will not reach the $10,000 soon because the value is not rising now around this time and that is because the value keeps a long time stable and many people are not happy with it.
Maybe it will reach that value around some 10 years or something and you need of course some patience for it.

Even after years I don't think that bitcoin reaches 10,000$. If it happens bitcoin will get the attention of most of the government which is not good for bitcoin's long time survival.

Bitcoin will survive for a long time either it gets support from the government or not but achieving that value is impossible in near future.

romero121

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Quote from: Ulloa on April 24, 2016, 08:27:15 AM

It will not reach the $10,000 soon because the value is not rising now around this time and that is because the value keeps a long time stable and many people are not happy with it.
Maybe it will reach that value around some 10 years or something and you need of course some patience for it.

Even after years I don't think that bitcoin reaches 10,000$. If it happens bitcoin will get the attention of most of the government which is not good for bitcoin's long time survival.

randy8777

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Quote from: Ulloa on April 24, 2016, 08:27:15 AM

It will not reach the $10,000 soon because the value is not rising now around this time and that is because the value keeps a long time stable and many people are not happy with it.
Maybe it will reach that value around some 10 years or something and you need of course some patience for it.

i think even 10 years is a very short time to see the price reach anything near the $10,000 price level. that means that from now on the price must go up with $1000 each year. not going to happen without institutional investors.

Ulloa

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It will not reach the $10,000 soon because the value is not rising now around this time and that is because the value keeps a long time stable and many people are not happy with it.
Maybe it will reach that value around some 10 years or something and you need of course some patience for it.

1Referee

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Quote from: kingcrimson on April 24, 2016, 04:38:10 AM

lol at the 'it will never happen' crowd. One word: gold

Gold is different and is around for a few K years, so in that aspect I can't really see it as good comparison. That's why I can agree with some people that say that $10,000 is looking beyond insane at this point. We only don't know how things look after 10-20 years. Chances are low, but definitely not impossible.

vrzo

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Bitcoin is designed so that its price will always grow (with bubbles and busts of course), so it will reach $10k eventually. You can argue that something can stop it (altcoins, goverments etc.), but I think the chances for that are <50% (see history so far).

Does it really matter when it'll reach $10,000? If you wait for the sign that $10k is near (so that you can buy BTC and not wait too long), you are lost.

JumperX

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Quote from: MoneyChanger on April 24, 2016, 03:31:19 AM

I won't be disappointed after all, i do not expecting to get close to 1000$ in the next few years.

$1k seems to be possible at the end of the year, but if we are waiting that bitcoin will reach to $10k someday then we are really wasting our time as that is not possible ever.

kingcrimson

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lol at the 'it will never happen' crowd. One word: gold

MoneyChanger

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I won't be disappointed after all, i do not expecting to get close to 1000$ in the next few years.

Bought

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I chose longer than this. theres no way we are hitting 10k this year or within the next 5. Further adoption from here i predict will be slow with a slow rise in price. if we are at 500 dollars by teh end of this year i will be impressed.

mark coins

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Quote from: zimmah on April 23, 2016, 08:24:14 PM

Not as soon as OP hoped for, but still sooner than most expect.

Lets hope it reaches to that level someday, but it will be surely very time consuming I guess, as its a huge milestone to achieve and not that easy to reach there.

zimmah

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Not as soon as OP hoped for, but still sooner than most expect.

uki

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Quote from: BitHodler on April 21, 2016, 05:52:47 PM

Quote from: BombayChicken on April 21, 2016, 05:23:58 PM

It's simple. Never.
Bitcoin will never reach this value. It's just not going to happen. The potential is big but there is a cap, even when you are dreaming.

Without billions of liquidity from very wealthy investors it will indeed not happen.

But if they do enter the market, then it's definitely possible to see these prices in the far future.

We can only wait to figure out what will happen in the coming years.

Even $5000 as ultimate high will also be more than fine for most people here.

in the current shape of Bitcoin market, where the speculation is the main driving force, I don't see the motivation from big wealthy investors to enter it.
The risk/reward is simply a red flag.

davinchi

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Quote from: 1Referee on April 19, 2016, 04:10:41 AM

Quote from: ~Bitcoin~ on April 19, 2016, 01:39:52 AM

Even to touch 1000$ price its hard for bitcoin as looking at the price manipulation going on. So i dont think price will ever touch 10000$. So oon my opinion price will never reach that level.

In order to see Bitcoin reach the level of $10,000 it must be tradable on an exchange such as NASDAQ, NYSE, etc. Otherwise forget about it. Without these exchanges, professional investors will not come on board with hundreds of millions of fresh money.

Yes for reaching that much amount bitcoin need that exchanges, with that the big whales will have get their face to it and will invest their big piles of wealth in bitcoin, then there is a chance that bitcoin get that value.

martinacar

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I honestly think the 10k will not be reached anytime soon it will take a lot more years to do this, I even think it will take more than 10 years to even get on the point it will maybe be possible.
I honestly really doubt if it every is gonna make it to be honest.

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