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Re: [2014-01-02] CoinDesk : 56% of Bitcoiners Believe Bitcoin Will Reach $10000
by
kjlimo
on 03/01/2014, 00:20:35 UTC
Not really surprising, I mean - they are asking people who are personally vested in Bitcoin if it will do well. I think it will be just fine of course, but I had to comment on the sillyness of this poll. Sure they're going to say higher, hardly anyone ever says "This is the year of the slide back to $100".

This is the year of the slide back to $100.


I see this as very possible.  Especially once all of the great bitcoin tools realizehow easy it is to put litecoin & ppc into use.

My question is what should the market cap of all cryptocurencies be?

I'm totally pro bitcoin, but I'm shocked by current prices & don't know whether $10k per btc is good or bad for 2014.

I'm thinking probably good, but Idont believe the answer is a slam dunk.

Put another way: why do I need bitcoin  to be $10k each for it to be useful

Or how is bitcoin adopted more when its value is higher?