Topic: Will bitcoin reach $10,000 one day...? - page 2. (Read 10443 times)

Care to elaborate?

I agree with this

10 000$ won't happen overnight,probably not even this year

but in a year or two, who knows..

I think it will never reach.

Who thought Bitcoin would hit $1000 1 year ago not many.

I think everything is possible even $10000.

I am hopeful that we will have a rise in March 2014 and end 2014 at around $4000

Hopefully yes. But we may have quite a long way to reach 10k.

I am hopeful that Bitcoin will reach 10k one day but it is still very early days for BTC even though it is five years old now.
Much depends on the growth in merchant use.The more that people buy and transact with BTC will encourage the larger
merchants to get on board.This may take another couple of years and eventually BTC might rech a tipping point and it's
volatility will be reduced and replaced by steady growth.When this happens then it could go way beyond 10k value.
Perhaps one day 100k  

I agree that we are now in a phase of cryptos becoming mainstream, and non-techy investors moving into it with the promise of high returns. I think, like others have said, this year will see sharp price increases as the crypto economy sees a sharp rise in investors.

To put it another way, my computer-shy mum now knows about bitcoin, as well as my fiancé. It's reaching the masses, and the masses will reach bitcoin this year.

I agree, it is important for Bitcoin to keep value (under 100 would be bad now) so it is option as store of value.
And $10,000 possible within few years if Bitcoin can be used as the store of value

I have such a log chart and this is pretty much spot on, the power or the log chart is the that it keeps going, so 10K to 100K and possibly 100K to 1 million.

it seems the order of magnitude happens around 13 months.

Right now depending which line of the log chart you look at, we should be at between $150 and $550 right now, however I think that one miscalculation is that BTC is happening faster, because the more valuable it becomes, you just have more value on the table, so it gets stonger

Well. Raising optimism is the way to gain. I think we're good if the rate stays in the 800-1k range, and doesn't plummet badly.

only in bitcoin  world is 300% increase in a year is reserved...

Isn't there this logscale chart somewhere?

I think right now we're above the trendline, we should be at about 350 dollars, but we're at 800.
According to the trendline we get a stable 1000 around September 2014. But there could be a new bubble starting mid 2014,
leading us 5000+ per btc. I think in 2015 we'll be around 10.000, and late 2016 at 100.000 per btc.
The end price is about 1 million per btc in 2018.
All this of course under the premise that adoption of bitcoin continues and that major companies will continue accepting bitcoin,
like overstock did early this year. And I think the likelihood for this scenario is very high.
So hold on to your bitcoins 

    25 - 5            18 months   then
    260 - 100       8 months     then
    1200 - 700     3 months     then
    4800 - 3000    1 month      then
    16000 - 12000 1 week       then
    48000 - 39000 2 days        then
   130000 - 111000 6 hours     then
   550000 - 530000 1.5 hours then
   1.1 mil  -  1 mil    45 minutes  then
   4 mil - 3.7 mil      15 minutes then
   12 mil - 10 mil       4 minutes then
   40 mil - 38 mil       1 minute then
   110 mil - 100 mil    15 seconds then
   330 mil - 300 mil     4 seconds then
   

      At this point it goes vertical and the whole world economy implodes. All of the border guards in the whole world just quit, and Mexicans and Africans flood en masse into the US and Europe. Probably world war 3 begins as the old elite try to use what influence they have left to arrest bitcoin early adopters and torture them to get their private keys, while other early adopters form their own armies and go to battle with the old elite. The forces of evil are crushed and nations become irrelevant and a golden age of universal brother/sisterhood of humans begins where everyone realizes that the libertarian economists were right the whole time. The unimagined prosperity and peace allows the creativity and productivity of humans to be harnessed to address all environmental issues and new communications technology allows us to spend our time communicating with aliens, building crystal wind temples, swimming with dolphins, and converting our consciousness into pure energy and drifting off into the universe to find other sentient races and subtly guide them through crises like the one we are going through now, without them being aware of us being there...
       
   Anyway, bitcoin will hit infinite sometime this summer. (in the northern hemisphere) insha'Allah

     

The way things are going, I'm thinking 2014 it will hit $3000.00, then drop to ~2K-ish and hover there til 2015.  I may be wrong, but it seems to be the pattern.  If the fed finds a way to regulate it within our shores, I think it'll gain some serious value, then lose 30-40% and start a slow climb.  Meh, what do I know?  I'm just a hobbyist / noob.

i agree with you. if the btc reach 10000k, just imagine how high the difficulty will be? my guess would be 1000 to 1500.

it sounds impossible，but who knows. we are a magic world，everything could happen. i think all of us hope it rising，the reasonable price around 1500-2000.

I the username too, but thats not a bitcoin address, and assuming sarcasm. Although BTC address username is a fantastic idea. BTC donations alone you could pay your cable internet bill.   

I will go with the year 2270...  - Mark my words...

As inflation causes fiat currency to diminish in value and the block reward diminishes, quite possibly.

But not soon!