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Topic: Would Bitcoin price reach $10K by the end of 2017? - page 3. (Read 1267 times)

member
Activity: 230
Merit: 10
An month back I started to know about bitcoin as well regularly check the price of bitcoin. The price difference that has taken place between the day I came to know about it and the preset price is much different. So, we have one month to end the year. Upon the same I believe we'll be touching $10000 before year end.
member
Activity: 74
Merit: 10
After new year btc becomes 10000
sr. member
Activity: 322
Merit: 250
If the price of Bitcoin keeps increasing fast like this I think it's totally impossible. But there are more than 1 month left so I think we need to wait to see if there are any special events or occasions will be happened and see which way will it affect to Bitcoin price, maybe it'll help Bitcoin price increasing very quickly or maybe not. Although there are very little time left until the end of this year but I still hope that Bitcoin price will reach to 10k$ before 2018 Cheesy
full member
Activity: 350
Merit: 101
Funny that I just saw this news now:
http://money.cnn.com/2017/11/20/investing/bitcoin-prices/index.html

"The virtual currency is now trading at a record high above $8,200 -- just a little more than a month after bitcoin first passed the $5,000 level. If this keeps up, bitcoin could be trading at $10,000 before the end of the year."

full member
Activity: 350
Merit: 101
Nah, i won't be disappointed if price doesn't reach $10k or goes $9.8k and comes down. i'm gonna wait another 4 years before i sell my coins to buy a house. Wink

House price varies greatly in different area, may I ask where are you planning to get your house? Smiley

I am planning to sell 50% of my BTCs after 10 years and keep the other half for apprepriation.  
full member
Activity: 294
Merit: 101
Lead generation one-stop shop platform powered AI
I would not be surprised if it happens. I already am surprised to nothing. I think it is quite possible.
full member
Activity: 350
Merit: 101
(Love the avatar)

Thank you.  I love it too.   Grin

10,000 is within the higher reaches of possibility, but it would take a push to make it happen before new year. Maybe lighting will help, maybe BCH will lie down. who knows.


LN will probably not be available this year.  Maybe news on China relexing the ban on Bitcoin or one or two institutional investors start investing in Bitcoin  would do.  A 25% increase in 6 weeks is not easy but it does happen before.

10.000 is just a psychological boundary, .... what if it will be 9.800 USD on December 31? Will you be disappointed? I really don't care what the price it today or on December 31, most important for me is that I'm glad that I have Bitcoin. HODL.

Honestly, 10K is a very optimistic expectation.  Given the price is at record high right now, hopefully, it will not have a dramatic drop again.  Because when that happened, it may take a month or more to recover.
legendary
Activity: 1400
Merit: 1009
Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately.  Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?
I think $10k is possible by end of this year. waiting for CME futures launch on december 10, price will moon!

10.000 is just a psychological boundary, .... what if it will be 9.800 USD on December 31? Will you be disappointed? I really don't care what the price it today or on December 31, most important for me is that I'm glad that I have Bitcoin. HODL.
Nah, i won't be disappointed if price doesn't reach $10k or goes $9.8k and comes down. i'm gonna wait another 4 years before i sell my coins to buy a house. Wink
member
Activity: 116
Merit: 10
10.000 is just a psychological boundary, .... what if it will be 9.800 USD on December 31? Will you be disappointed? I really don't care what the price it today or on December 31, most important for me is that I'm glad that I have Bitcoin. HODL.
member
Activity: 126
Merit: 10
I don't think we will see it within this year, not enough time left. Early next year we will definitely hit $10K, though.
full member
Activity: 334
Merit: 110
Endless Horizons!
(Love the avatar)

10,000 is within the higher reaches of possibility, but it would take a push to make it happen before new year. Maybe lighting will help, maybe BCH will lie down. who knows.
hero member
Activity: 3038
Merit: 634
Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately.  Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?
I didn't expect it too before that the price of bitcoin will be good at $7,000 and now at $8,000. I'm only thinking that it will be stable at $1,000 but luckily we're really far from before.

But $10,000 at the end of this year, if the price continues to reach $9,000 before this November ends maybe we can see it possible for the month of December.

If it didn't went at $9,000 on the first day of December, $9,000 is a very good and stable guess at the end of this year.
full member
Activity: 350
Merit: 101
Please move this thread to Economics>Speculation.
The problem here is that nobody can give you an accurate answer. Everyone would love to see BTC hit $10k by the year's end and current trends wouldd suggest that it is indeed possible. Having been said, trends aren't anything to stand by and the price can drop drastically in the few weeks we have left of 2017.

It is true that no one can give us an accurate answer, but we can based on projection and rational expectation to see where the price is going if the historic data holds.

We assume the price history will repeat itself.  Given that, a log transformation regression model based on only this year of data would explain 95.5% of the data and gives us a year-end price prediction of $9000 - not quite make it to $10,000.  However, with some positive news and intervention, it may be possible that the price hits $10,000 by the end of 2017.  If some unexpected unwelcome surprises during these times came up, then it would be a different story.
newbie
Activity: 19
Merit: 0
Good post, things are on the uppy up.  When I 1st read LedgerX Leap, thought it was for Dec. 28, 2017, but turns out 2018.  An entire year to reach $10k, that's a good bet!
legendary
Activity: 3178
Merit: 1348
Please move this thread to Economics>Speculation.
The problem here is that nobody can give you an accurate answer. Everyone would love to see BTC hit $10k by the year's end and current trends wouldd suggest that it is indeed possible. Having been said, trends aren't anything to stand by and the price can drop drastically in the few weeks we have left of 2017.
hero member
Activity: 490
Merit: 501
Six months ago I did not expect this to happen, but now I think it is possible. Many encouraging news lately.  Here is one of them: https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/ Bitcoins futures implementation and the participation from institutional investors. What do you think?

You can be right. Institutional money will soon be entering the Bitcoin market and that means that Bitcoin right now is already counting this possibility as it is slowly making its way towards the goal of $10,000. It would be a happy day if soon it can reach that level before the end of the year. Bitcoin is now having a big revenge after it experienced one of the many crashes in its history. Usually, there is that rebound after Bitcoin will crash and this is happening now. Finally, we can really say that despite of the many people telling us that Bitcoin is just a fad and even a fraud, it is here to stay and getting ready for the best run in its life. Long live, Bitcoin!
newbie
Activity: 10
Merit: 0
I think that it will not reach 10,000$. But after the new year bitcoin will grow. Although, I hope it will be faster)
full member
Activity: 350
Merit: 101
Six months ago I did not expect this to happen, but now I think it is possible.

Many encouraging news lately.  Here is one of them:

https://qz.com/1133670/bitcoin-price-at-8000-institutional-money-poised-to-enter-the-market/

Bitcoins futures implementation and the participation from institutional investors.

What do you think?
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