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Topic: Will bitcoin reach $10,000 one day...? - page 11. (Read 10435 times)

newbie
Activity: 3
Merit: 0
December 12, 2013, 02:09:42 AM
It will never reach 10000$. Not even 2000$. Who is ready invest and buy for such amount?

What is the purpose of spending too much for bitcoins in the future?

newbie
Activity: 2
Merit: 0
December 12, 2013, 02:00:03 AM
If one another high investing party join to fry bitcoin trading, it will immediately pass 10000$.

Hope it will be seen soon, as major financial powers are looking to it now.
newbie
Activity: 36
Merit: 0
December 12, 2013, 01:54:13 AM
I think its only a matter of time.

The untapped potential of the Bitcoin protocol is staggering!

Almost all great ideas were initially ridiculed and violently opposed by the masses before eventually becoming widely accepted and commonplace.
sr. member
Activity: 476
Merit: 250
December 12, 2013, 01:32:45 AM
I believe it will happen in 2014.
sr. member
Activity: 252
Merit: 250
December 11, 2013, 08:08:11 PM
I would be the happiest if bitcoin touch 5 digits  Grin
Can't really think of it!!

OMG!

It can hit 5 digits with just a rally like we 've seen last month. 6 digits or nothing!
full member
Activity: 122
Merit: 100
December 11, 2013, 07:09:01 PM
Are you Guys buying Bitcoin ??

Horde it Cheesy


This is just rendered image or real picture? The coins looks sweet
newbie
Activity: 45
Merit: 0
V38
newbie
Activity: 10
Merit: 0
December 11, 2013, 12:48:12 AM
I hope so and I believe it will.
Although I think altcoins are going to change the game somewhat too.
member
Activity: 73
Merit: 10
December 11, 2013, 12:45:24 AM
I would be the happiest if bitcoin touch 5 digits  Grin
Can't really think of it!!

OMG!
newbie
Activity: 1
Merit: 0
December 11, 2013, 12:25:23 AM
to da mooon  Grin
newbie
Activity: 6
Merit: 0
December 10, 2013, 12:14:27 AM
Never say never  Wink
legendary
Activity: 2632
Merit: 1023
December 10, 2013, 12:11:00 AM
within 2 years, max BTC will hit 10k.

essentially bitcoin market cap, which can be spent and re-spent, leaves to much money on the table for a lot of industry and services seek to get a portion of this market. The higher the market cap the more and more services will appear which will make the bitcoin more and more useful.

State actors that try to marginalize BTC will experience capital loss against those that embrace btc for any better utiltiy which it may offer, in the form of common opportunity and human capital / innovation.
newbie
Activity: 1
Merit: 0
December 09, 2013, 11:07:37 PM
yeah why not Grin
sr. member
Activity: 252
Merit: 250
December 09, 2013, 09:58:26 PM
#99
I think if you consider the vast majority of the worlds population who dont own or have probably not even heard of bitcoin.
By the time they do hear about it, the price mayt be 1.5-2k
They will want a piece of the crypto currency pie to invest and trade with.
By that point, a few other crypto currencies that are much cheaper than bitcoin will be seen as attractive options.

Not everyone likes the idea of making purchases in miniscule fractions!
Its not attractive!

Thats where I think other lower prices crypto currencies will be seen as more attractive.


This is happening already and thats why ltc for example had a higher rise than bitcoin. The cure for that is as many suggest to switch to mbtc like bitcoinity already did.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 09, 2013, 09:10:50 PM
#98
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull

Yes but think of the early onvesto once (if) bitcoin reaches 1 millions.

And what, 1 Bitcoin costed penny very early, and now cost $1,000


Lets say I was an early investor and bought 100 btc's. then I forgot about it until it was a million dollars. Now I try to sell all of it. Lets say people buy $100 worth of btc each transaction. 1 million people will have to buy btc which will take a while. Now there are people with 1000's of btc. How would the market be able to cope with that?
newbie
Activity: 3
Merit: 0
December 09, 2013, 08:43:19 PM
#97
Not everyone likes the idea of making purchases in miniscule fractions!
Its not attractive!

Thats where I think other lower prices crypto currencies will be seen as more attractive.

Ok, make the lower prices crypto currencies actually useful, then they might become attractive


Thats were I think certain crypto coins will prevail over others.
Those with a large distribution of coins and a large market cap.
I'm considering buying into some as an investment and as something to trade with.
I have a couple of online businesses and already offer bitcoin as payment, but I want to offer something with a more stable price.
Taking bitcoins as payment for expensive items I sell right now is suicidal! for a business.
Say I sold one of my 24k Gold iPhones, and boom the prices crash the next day for BTC. leaving me screwed.

For trade, we need something more stable with a nice steady growth chart.

THAT is a key point when it comes to a CC being accepted as a useful method of trade..
Right now Quark Coin looks the most promising to me. With a large distribution, large amount of coins, and 1 million mined per year after the first 6 months.


full member
Activity: 147
Merit: 100
December 09, 2013, 08:06:52 PM
#96
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull

Yes but think of the early onvesto once (if) bitcoin reaches 1 millions.

And what, 1 Bitcoin costed penny very early, and now cost $1,000
full member
Activity: 147
Merit: 100
December 09, 2013, 08:03:16 PM
#95
Not everyone likes the idea of making purchases in miniscule fractions!
Its not attractive!

Thats where I think other lower prices crypto currencies will be seen as more attractive.

Ok, make the lower prices crypto currencies actually usefull, then they might become attractive
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 09, 2013, 08:02:33 PM
#94
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull

Yes but think of the early onvesto once (if) bitcoin reaches 1 millions.
full member
Activity: 147
Merit: 100
December 09, 2013, 08:00:25 PM
#93
The real question is, "Would you be willing to spend $10,000 to buy a bitcoin if the price reached that high?"

See, thats the essential problem with bitcoin. People say that its going to go to 1 million, but its not. No one is going to buy a bitcoin for a million dollars. Most people will be selling all the BTC that they have and exchanges wont allow them to be sold since no one is really buying. That means the sell limit will be something low like 0.0001 BTC per day.

I could only afford 0.29 of a bitcoin when I started a few weeks ago. After playing around with other cryptocurrences I'm up to 1.568BTC. So I guess what I'm trying to say is. Why would you pay 10K for a full coin

Exactly, no one would buy and the price would drop to a reasonable price.

You can buy 0.01 BTC for $100 when price is 10K / BTC. Price does not matter if bitcoin is usefull
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