Quote from: jerry0 on December 02, 2017, 06:21:15 PM

Bitcoin has went up a lot. People talk about bitcoin now hitting 50k or 100k. And some even mention 500k or 1 million.

Now if you put 10k in anything, i know 10 percent is very good as a bank gives less than 1 percent. I believe if you could make 10 percent in stocks in a year, that is great. But 10k only nets you 1000. With how much bitcoin has gone up and people talking about bitcoin being 20k, 50k, 100k, 500k and 1 million in the future, how much in price increase with bitcoin per year would satisfy most bitcoin holders/investors?

If bitcoin on average say goes up 5000 usd every year, would most investors be happy happy? Thus 10k, then 15k, 20k etc? That would be a 50 percent roi, then 33 percent roi and then it would keep lowering. But it would still increase 5k a year. Would most bitcoin holders take that immediately? Obviously if bitcoin never went up that much recently, then of course. But with how much bitcoin has risen, are bitcoin holders/investors wanting that 10k to go to 30k or 50k in a year now? In a way its making us want it to go higher than we even expect it to be.

What about it going up by 50 percent every year? Thus a 50 percent roi every year? Thus goes from 10k to 15k then 22500 then 33750 then about 50k etc. Would most people here gladly take this? Would there be people here that would not be satisfied with it since many want to to 5x, 10x, 50x, 100x etc? I feel like if you have a decent amount of btc, almost everyone would take it. But you have very little btc, its not worth it.

Also when i hear bitcoin being 50k or 100k or 500k or 1 million in the future... i mean one guy said he think btc hit 500k in 3 years but now says 1 million. If thats the case, let say 500k... that btc would go from 10k to 50k to 150k to 500k... something like that right?

The other thing is if btc did went up to 100k... i mean could you imagine the daily swings? I mean btc could go from 100k to 90k in one day or more. That would be insane. Because the higher the price, the bigger the dollar swings right?

Also im curious but when will people cash out their bitcoin? If you have very little, i could understand you not cashing out until it hits 50k or more etc. But you have a have say a decent amount... let just say 5 or more... i mean who here would not cash it out if it were to hit 500k? That would be 2.5 million dollars. Actually since btc is up to 10k already, even 1 btc is a lot of money already. I mean how many people even have at least 1 btc?

But im curious what would make the general bitcoin holder/investor happy in terms of price increase. I mean if it doubles every year, surely everyone would take that right... those who own a decent amount? I mean if you have 1 btc, you would be ecstatic if it doubles right?

bitcoin increased its price and I always compare its price with last year bitcoin have almost nine years and every year was better than last year and this year is very good then last year so I hope neat year will be also good then this year because in this year a lot of countries have join bitcoin and some of them have make it legal so there is no doubt that day by day its users are going to increased just because of its performance.