Post
Topic
Board Beginners & Help
Re: Will bitcoin reach $10,000 one day...?
by
bitcoinCUkid
on 12/12/2013, 22:05:34 UTC
The only way for bitcoin to maintain it's value growth is for more businesses to start trusting it and accepting it as a form of payment. If the price of a bitcoin is $10,000, daily price swings will be too high and business will not be willing to take the risk. It could be at $10,000 one day but I don't see that happening for a while, maybe 20 years plus if it becomes widely accepted.