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Topic: Will bitcoin reach $10,000 one day...? - page 7. (Read 10443 times)

newbie
Activity: 4
Merit: 0
December 17, 2013, 08:16:51 PM
Probably not. USD would have to increase as well to accommodate. Just think of it as the Gold Rush.
legendary
Activity: 1092
Merit: 1000
nahtnam.com
December 17, 2013, 07:11:17 PM
Well buddy maybe if btc survives until that happens cause btc is mostly know for the online drug market and the feds hate that

Btc was known for the drug market.
The public currently believes that SR was closed down , they don't have a clue SR2 is online , and the recent news have directed the attention to other things.
Buying a car with BTC , lots of services accepting BTC so you can almost survive with BTC only in some cities and much more.


Yes, its starting to get good publicity which boosts the market but then again people are soon to find out that the SR is back up.
sr. member
Activity: 413
Merit: 250
December 17, 2013, 11:27:36 AM
IMHO In a few years, prob 2016 at the earliest.
What would be the highest bitcoin ever reaches?


No one knows, Winklevoss twins thinks Bitcoin can go to $40,000
full member
Activity: 362
Merit: 100
December 17, 2013, 11:21:33 AM
IMHO In a few years, prob 2016 at the earliest.
What would be the highest bitcoin ever reaches?
full member
Activity: 196
Merit: 100
December 17, 2013, 06:41:45 AM
Bitcoin will most likely be a store of wealth within the crypto ecosystem, compareable to gold, while litecoin has the silver tag by now. Because of that prices that high might well be possible.
I don't see it as usable money at any point though. One of the second generation cryptocurrency will be used as money and maybe for other purposes. We're just seeing the emergance of cryptocurrencies in general and we're still in the earliest stages of this development.

Just don't think this will shake the establishment in any way. To use Bitcoins you have to use the infrastructure in existance. Guess who owns that....
legendary
Activity: 882
Merit: 1000
December 17, 2013, 06:01:50 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.
Then the one bought at $2000 will sell at $4000, and the one bought at $4000 will sell at $8000. It does not matter how many people sell as long as there are more and more capital enters.
full member
Activity: 504
Merit: 100
Option Blitz
December 17, 2013, 05:56:27 AM
I don't think that will happen until China accepts btc again Cry
legendary
Activity: 1176
Merit: 1019
I do not give financial advice .. do your own DD
December 17, 2013, 05:46:35 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.

Selling or spending coins helping redistribution of Bitcoins, it is good thing in my opinion.


I agree completely but as long as people take profits, it will be harder to push through higher resistance points. I guess it would have to come to the point where people holding a $5000 Bitcoin believe it is under priced and actually worth closer to $10,000. If it is going to happen, Bitcoin will have to prove to have more utility in the real world and not just being used for online trading.
full member
Activity: 123
Merit: 100
December 17, 2013, 05:42:17 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.

Selling or spending coins helping redistribution of Bitcoins, it is good thing in my opinion.
newbie
Activity: 51
Merit: 0
December 17, 2013, 05:39:29 AM
I would vote yes. I think if it is only used as an alternative store of wealth it can do 10,000 usd. When who knows, and of cause something better may come first.
legendary
Activity: 1176
Merit: 1019
I do not give financial advice .. do your own DD
December 17, 2013, 05:33:25 AM
I don't its possible, but who knows. Maybe I am wrong, only time will show.

Yeah, who knows what the future will hold for all cryptocurrencies. The only thing that I know is that they are probably here to stay.
newbie
Activity: 26
Merit: 0
December 17, 2013, 05:24:20 AM
i think that bitcoin has two possibilities in two years roadmap:

a) value near around 3000-7000$
b) value between 0 and 100$

..and what will be? nobody knows

I think this is way off.

If (b) were to be not true, that would mean that bitcoin has been around for 2 years, meaning the popularity/usage would have been very exposed to the mainstream.  So if it does and it doesn't hit zero, it will have skyrocketed to well above 7k
legendary
Activity: 1176
Merit: 1019
I do not give financial advice .. do your own DD
December 17, 2013, 04:59:42 AM
I don't think that it can happen in the near future. The problem is people are just greedy as hell. If you buy Bitcoin for $1000 and it goes up to $2000, I think most will simply take profits. In my opinion, there will have to be many resistance points broken to ever see $10,000.
hero member
Activity: 631
Merit: 500
December 17, 2013, 04:57:16 AM
I really hope so but right now it doesn't look like it at all. I think an anonymous crypto currency may replace bitcoin at some point.

You mean more anonymous ? I doubt because to stay anonymous you must be anonymous on all levels, from internet connection to depositing and withdrawing USD
newbie
Activity: 2
Merit: 0
December 17, 2013, 04:33:35 AM

I really hope so but right now it doesn't look like it at all. I think an anonymous crypto currency may replace bitcoin at some point.

How do you figure? There's just not a fat chance... I think there might be slight modifications and patches applied to the bitcoin schema but by and large, it's here to stay for a very long haul.
legendary
Activity: 1526
Merit: 1001
December 17, 2013, 03:59:46 AM
Yes it will...

People that know about bitcoin: 60%

People using bitcoin 0.1%

These numbers will go up and up!

Actually much less than 60% know about Bitcoin, the media attenion was only in United States and China. In some parts of the world, no  media attenion at all
newbie
Activity: 14
Merit: 0
December 17, 2013, 03:54:00 AM
yes, in 2045 Grin Grin Grin Grin
newbie
Activity: 2
Merit: 0
December 17, 2013, 03:44:51 AM
Yes it will...

People that know about bitcoin: 60%

People using bitcoin 0.1%

These numbers will go up and up!
newbie
Activity: 44
Merit: 0
December 17, 2013, 03:33:38 AM
Central banks can print infinite money.

Therefore, price level will be infinite.
newbie
Activity: 2
Merit: 0
December 17, 2013, 03:28:27 AM
I think it is not possible to earn it in one day but if they will have a jackpot they will earn it someday.In Finland i seen a lot of minner that getting only a little bit of gold and they can't earn it.Before i also use to invest in it but it ended me on having a loan or pikavippi .
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