Post
Topic
Board Speculation
Re: Bitcoin goes to 10 000 within a moth!
by
Maesters1-
on 08/08/2016, 18:19:20 UTC
That is so unrealistic speculation, it will never happen with the current market state and I believe it will only be possible in terms of percentage of increase to the shit coins of altcoins as it can be manipulated, but with bitcoin this is not possible and we are just living in our dreams with that kind of thinking, we have to move on now and focus on the present to make a realistic projection.

You are right. That is very wild speculation. I think $10,000 is only possible after 3 to 10 more years of adoption.

I think the $10000 price could only be achieved after more than 5 million people in the world use the bitcoin.

This is nonsense. We only need a handful of big whales to move their gold and stocks into Bitcoin to reach 10000 dollars. This notion of Bitcoin needing mainstream support in terms of usage is just not true at all. We need fiat, gold and stockmarket whales, not average joes with their poverty pockets. The joes will be the last to enter.

If the price of $10,000 is only pumped by a few big whales, the price is not sustainable. It will drop again.
even not possible for the bit fishes to increase the price to such a high lever where a person cannot even think about, although it not impossible but it will take more than 30 years of time and if the price of bitcoin is steadily increasing.