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Re: Poll: What year will Bitcoin reach $10,000?
by
mikewillda
on 21/04/2016, 11:35:36 UTC
Quote from: haileysantos95 on April 16, 2016, 09:54:46 AM
Quote from: Vaskiy on April 16, 2016, 07:14:26 AM
Quote from: mikewillda on April 15, 2016, 08:26:25 PM
Quote from: fredashton on April 15, 2016, 08:46:45 AM
Quote from: gion2724 on April 15, 2016, 03:50:37 AM
It will never happen. Maybe in 2040+ year or maybe NEVER  Lips sealed HAHA.
this $10,000 is too much for the amount of bitcoin..


It will certainly not gonna happen even in the long years to come the 10k price of bitcoin is out of scale and no reason for that to achieve that price of bitcoin.

I think this year, the price of bitcoin will be over $1000. In 6 years, or 2022, the price will be over $10k.
Nope, there is no chance to happen in 2022 as it is only 6 years more that is not a too long period, may be it can happen in future, but to happen it takes some decade.

There is really no chance for that price to happen in 2022 it will take decades and mass number of user to bitcoin before that is possible.

The value of a network is proportional to the square of the number of users. If the user increase from 0.5 million now to 5 million, the price will rise 100 times.