Quote from: Frost on February 01, 2017, 05:54:11 PM

Quote from: acroman08 on February 01, 2017, 06:18:56 AM

Quote from: Frost on January 15, 2017, 09:50:27 AM

I am just wondering if the $2000 mark is realistic for the next years... what is you opinion?

It won't hurt to believe if bitcoin will reach $2k, In my own opinion it will be a struggle or advantage for bitcoin to reach $2k,
Advantage: Higher price means more eyes will be watching, means more publicity and can result in reaching the mainstream etc..
Struggle: Higher price means more online wallet will be hacked more scams will be performed more illegal transaction involving bitcoin etc.., but us users/dev bitcoin reaching $2k is an achievement and I myself will be more happy if this happens.

Not only this... I think it could also be the price point where the majority of people say "Enough is enough" and sell, resulting in a huge dump and panic.

It doesn't work like that, lots of people who see it go over 1k will decide to invest

Even more people who see it go to 10k will invest

Market is so young, needs time to mature...