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Quote from: noictib on August 14, 2016, 01:01:11 AM

i am not thinking that price will reach 4000$ but i think i will reach atleast 2000$ . since no one can accurately say that what price will be but in my openion the price will be above of 2000$.

4000 dollars will definitely be reached in like 2 years or so, bitcoin is going to grow at a very rapid pace because of a really fast adoption

i think two year is very short time for bitcoin price reach to 4000$ , i think it will take too long time like 4 or 5 years that bitcoin price will be reach to 4000$ because bitcoin recent price is 565$.

Yeah don't expect $4k price before next 5 years as its never gonna happen and we all know that how long its taking even to touch the price of $1k and I think it will not even touch this price in next halving in 2020.

If the bitcoin block size is increased, more people will use it. if the number of users doubled, the price will be $2500.

$2500 price is not possible in next 3 years as price is below $600 now and it will take long time even to touch the price of $1k so $2500 is impossible in next few years.

If the user number of the bitcoin doubles in the next three years, the price of the bitcoin will quadruple. So the price will be $2500.

That's some fuzzy math. How do you even figure that? If you were saying the number of bitcoins stays constant and demand doubles, price would only double. So how do you figure that twice as many users equals 4x the price, while supply is increasing? Doesn't make sense.

I don't also know how he arrived that amount, but regardless I will not think that big amount will be easily reach in a short period of time. Bitcoin has its ups and downs so that is too ambitious, although I think there is an increase but for sure not that big.

It would be more satisfactory to see the price of $1k in coming months instead of hoping too high from it and $4k is never possible to achieve in such small duration.