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Topic: Will Bitcoin Reach $10,000 One Day? (Read 5348 times)

staff
Activity: 1316
Merit: 1610
The Naija & BSFL Sherrif 📛
January 31, 2021, 11:57:46 AM
My opinion is that either bitcoin will hit the $10,000 point, or it'll drop down and fall dead.
Don't question my unexplained logic. Smiley
@monbux hey just a reminder that Bitcoin chooses the first path to live Grin today we hit $30k+
legendary
Activity: 1736
Merit: 1029
December 07, 2013, 09:52:00 AM
My opinion is that either bitcoin will hit the $10,000 point, or it'll drop down and fall dead.
Don't question my unexplained logic. Smiley
legendary
Activity: 3766
Merit: 1217
December 07, 2013, 09:13:41 AM
I guess the next big peak will be around 3.000.. 10.000 might be a realistic step for a horizon of 20 years

20 years? Really? I think that the 10K mark will be reached before 2014 December. Mining difficulty is exponentially increasing and the supply is thinning out. The demand, on the other side has grown many times. A lot of important markets (Brazil, India.etc) are yet to be explored.
newbie
Activity: 7
Merit: 0
December 07, 2013, 09:05:44 AM
I guess the next big peak will be around 3.000.. 10.000 might be a realistic step for a horizon of 20 years
newbie
Activity: 11
Merit: 0
December 07, 2013, 06:47:57 AM
to moon  Wink
Let see what happens.
newbie
Activity: 2
Merit: 0
December 07, 2013, 06:39:23 AM
10k? Maybe not.

It'll definitely rise though as there's more media attention about bitcoins and more demand for them.

I suppose there's no reason why it can't hit 10k, but I just can't imagine it myself. I suppose 1k wasn't expected, but it happened.
hero member
Activity: 656
Merit: 501
XBY - New Tech Coin (POSIGN) xtrabytes.global
December 07, 2013, 06:22:08 AM
End of this year will be about 2000$
hero member
Activity: 490
Merit: 504
December 07, 2013, 06:14:48 AM
it will reach a lot more.
legendary
Activity: 1148
Merit: 1000
December 07, 2013, 05:02:41 AM
glad this dip gave me an opportunity to get a better price. I want to have a nice little egg to sit on for a few years and some to play with. a dip to $100 wouldn't bum me out at all cuz I could buy up my goal fairly easily.
newbie
Activity: 4
Merit: 0
December 07, 2013, 03:22:33 AM
I don't think that will be the zenith. With Cloud Computering grows, any limitation will find its solving.
newbie
Activity: 6
Merit: 0
December 07, 2013, 03:13:35 AM
i think it will reach $10k and beyond, but this rally is over!! Undecided
Time to buy! Jeez, y'all should be happy when the price is low in a volatile market.
hero member
Activity: 658
Merit: 500
December 07, 2013, 01:31:44 AM
i think it will reach $10k and beyond, but this rally is over!! Undecided
newbie
Activity: 14
Merit: 0
December 07, 2013, 12:51:24 AM
BTC star crashing last night but this morning gone up again seem that 1k is the for now until christmas and new year then it can go higher maybe 1.5k

The price means nothing. 1k means nothing if someone sells 1000btc price will go down 100$. Stop looking at price alone and start checking market depth.

Nah man trade volume is to high, nee much more than 1000 btc to crash the market like that.

I didn't said down to 100$ but 100$ lower than it is now. 1000 - 100 = 900$ that is.

Right, which as he was saying, someone needed to sell 5300btc or 5MM$ to drop it 100 bucks.

Now, the thing that bugs me...

you all know about Market Makers in stocks? 5 Million bucks isn't a lot of money. If all you need is 5 million bucks to shift BTC 100 bucks that's scary as hell.

Now bear with me...

Didn't DPC (dread pirate roberts, founder of silk road, for those who are unfamiliar) get 26 THOUSAND BTC seized by the us govt?

Regardless of if they're using it or not, that means roughly $25 million dollars of BTC is sitting somewhere, in one place.

I'm SURE there is someone else with 15MM sitting around who can shake up the market by a few hundred bucks a day just by buying and selling a lot.

lastly, does anyone know how transparant the markets are? Can people see every buy and sell on every market from every exchange? Can we see if these large orders are going through like LEVEL 2 in stocks or are we just going blind? Or is it just mass hysteria that is causing the market to shift by 30% a f*cking day?

hero member
Activity: 840
Merit: 1000
December 04, 2013, 09:16:10 PM
I think it will go way beyond 10K. I wouldn't thought it would 1,200 by the end of the year

Yes, but better if not next year, slowly rising is best and I need to buy more cheaply.
sr. member
Activity: 476
Merit: 250
December 04, 2013, 08:00:46 PM
bitcoin is over inflated if you look at the actual conversion and use of BTC in the real world.
It does not have the impact of a multi billion currency. Maybe that'll change with governemental acceptance Smiley

Because it's not only a currency. It's value as currency is only a part of it's actual value.

From bitcoin.org:
Quote
Bitcoin is an innovative payment network and a new kind of money.
newbie
Activity: 10
Merit: 0
December 04, 2013, 07:44:12 PM
I think it will go way beyond 10K. I wouldn't thought it would 1,200 by the end of the year
newbie
Activity: 7
Merit: 0
December 04, 2013, 06:48:31 PM
My gut feeling tells me 1k is only the beginning!
full member
Activity: 182
Merit: 100
December 04, 2013, 05:58:33 PM
bitcoin is over inflated if you look at the actual conversion and use of BTC in the real world.
It does not have the impact of a multi billion currency. Maybe that'll change with governemental acceptance Smiley
sr. member
Activity: 476
Merit: 250
December 04, 2013, 05:41:41 PM
BTC star crashing last night but this morning gone up again seem that 1k is the for now until christmas and new year then it can go higher maybe 1.5k

The price means nothing. 1k means nothing if someone sells 1000btc price will go down 100$. Stop looking at price alone and start checking market depth.

Nah man trade volume is to high, nee much more than 1000 btc to crash the market like that.

I didn't said down to 100$ but 100$ lower than it is now. 1000 - 100 = 900$ that is.
legendary
Activity: 1274
Merit: 1000
December 04, 2013, 03:38:34 PM
BTC star crashing last night but this morning gone up again seem that 1k is the for now until christmas and new year then it can go higher maybe 1.5k

The price means nothing. 1k means nothing if someone sells 1000btc price will go down 100$. Stop looking at price alone and start checking market depth.

Nah man trade volume is to high, nee much more than 1000 btc to crash the market like that.

Someone need sell 5300BTC and it drop from 1190$ to 1060$.
You can look at it yourself here http://bitcoinity.org/markets/mtgox/USD

This was useful. Thanks!

The amount of off the cuff speculation in these threads scares me.

Np, I'm glad that I can help Smiley
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