Bitcoin price in 10 years..... | Bitcointalksearch.org

rjclarke2000

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Quote from: ensurance982 on April 25, 2015, 06:29:58 PM

Glad to see that there are still some people who are willing to put some decent money into the game without actually having their hopes up too high, or denying the possibility of losing it all - which may very well still happen! Just keep a cool head and everything will be fine

Well.....I may buy a little more!😉

I'd be a bit pissed off if it fails as I enjoy reading up on the forums each evening.

.......for this reason it can't fail.

ensurance982

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Trust me!

Glad to see that there are still some people who are willing to put some decent money into the game without actually having their hopes up too high, or denying the possibility of losing it all - which may very well still happen! Just keep a cool head and everything will be fine

rjclarke2000

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Quote from: shmadz on April 25, 2015, 05:18:31 AM

Ten years is a long time. I hesitate to put a dollar price on that timeframe, though I expect to be able to buy a nice house (current dollar value, around 500 k) for roughly 20 bitcoin in ten years - so in today's dollars I suppose I'm hoping for roughly 25k per bitcoin.

Or zero, zero is always possible.

This is exactly what I am hoping for. Same timeframe and roughly the same number of btc.

Enough to be in the game if it succeeds but not too much to be suicidal if it fails.

minerpumpkin

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Quote from: shmadz on April 25, 2015, 05:18:31 AM

Ten years is a long time. I hesitate to put a dollar price on that timeframe, though I expect to be able to buy a nice house (current dollar value, around 500 k) for roughly 20 bitcoin in ten years - so in today's dollars I suppose I'm hoping for roughly 25k per bitcoin.

Or zero, zero is always possible.

Wow that's really a decent price and also, if I may say so: a bold prediction during these bearish days. I'm rather worried about the weeks and months to come, but I also believe that we may achieve those prices if Bitcoin continues to gain traction and finds even more use-cases. A bold goal, but I think it's still possible in 10 years or so!

minerpumpkin

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Quote from: Amph on April 25, 2015, 04:08:25 AM

Quote from: minerpumpkin on April 24, 2015, 01:03:45 PM

Quote from: neurotypical on April 23, 2015, 07:07:15 PM

Quote from: minerpumpkin on April 23, 2015, 06:19:25 PM

Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.

Satoshi predicted everything thus far, including the centralization of mining. Guy was a genius, im pretty sure in 5 years we'll laugh at the current ATH since it will be nothing compared to the current price at that time.

He just really understood what he was doing. He saw the implications before they played out, which is remarkable. But I'm sure he couldn't predict every single thing happening over the last couple of years, I'm not even sure he would have predicted today's prices!

well today price doesn't matter much, since is a "passing price", i don't think he cared at all about all the swings, or if he follow the chart so desperately like many of us, if he did some math about the price he based it on block halving and hashrate increase.

I believe he was mainly concerned about the block-reward-halving times and the actual factor of the halvings (they could've been 1/3, 1/4, 1/x, or any other maybe even logarithmic or exponential factor). He made sure that they made sense (more or less) and sent Bitcoin on it's way. There are tons of altcoins with different difficulty-adjustment-formulas and reward-schemes. If one of them was really better than BTC, they would have the biggest market cap already!

shmadz

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Ten years is a long time. I hesitate to put a dollar price on that timeframe, though I expect to be able to buy a nice house (current dollar value, around 500 k) for roughly 20 bitcoin in ten years - so in today's dollars I suppose I'm hoping for roughly 25k per bitcoin.

Or zero, zero is always possible.

tokeweed

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Quote from: LFC_Bitcoin on April 16, 2015, 06:30:40 AM

Just a bit of fun speculation -

What price do you see one bitcoin being valued at in 10 years, take a guess?

I'd be absolutely fucking delighted with $5,000 per bitcoin.

In 10 years? I think this will be $10,000 per Bitcoin. So better buy now, it can go surge to +1000 really fast. Remember 2013?

Amph

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Quote from: minerpumpkin on April 24, 2015, 01:03:45 PM

Quote from: neurotypical on April 23, 2015, 07:07:15 PM

Quote from: minerpumpkin on April 23, 2015, 06:19:25 PM

Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.

Satoshi predicted everything thus far, including the centralization of mining. Guy was a genius, im pretty sure in 5 years we'll laugh at the current ATH since it will be nothing compared to the current price at that time.

He just really understood what he was doing. He saw the implications before they played out, which is remarkable. But I'm sure he couldn't predict every single thing happening over the last couple of years, I'm not even sure he would have predicted today's prices!

well today price doesn't matter much, since is a "passing price", i don't think he cared at all about all the swings, or if he follow the chart so desperately like many of us, if he did some math about the price he based it on block halving and hashrate increase.

minerpumpkin

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Quote from: neurotypical on April 23, 2015, 07:07:15 PM

Quote from: minerpumpkin on April 23, 2015, 06:19:25 PM

Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.

Satoshi predicted everything thus far, including the centralization of mining. Guy was a genius, im pretty sure in 5 years we'll laugh at the current ATH since it will be nothing compared to the current price at that time.

He just really understood what he was doing. He saw the implications before they played out, which is remarkable. But I'm sure he couldn't predict every single thing happening over the last couple of years, I'm not even sure he would have predicted today's prices!

minerpumpkin

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Quote from: rjclarke2000 on April 23, 2015, 06:33:59 PM

Quote from: minerpumpkin on April 23, 2015, 06:19:25 PM

Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.

Or "katashi takamoto" as my wife thinks he's called.........

You're talking with your wife about Bitcoin? Is she also involved with it or just accepting it as your "weird hobby". I think when it comes to BTC you may either end up a genius or a total fool in 10 years (or maybe even earlier).

neurotypical

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Quote from: minerpumpkin on April 23, 2015, 06:19:25 PM

Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.

Satoshi predicted everything thus far, including the centralization of mining. Guy was a genius, im pretty sure in 5 years we'll laugh at the current ATH since it will be nothing compared to the current price at that time.

rjclarke2000

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Quote from: minerpumpkin on April 23, 2015, 06:19:25 PM

Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.

Or "katashi takamoto" as my wife thinks he's called.........

minerpumpkin

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Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.

pereira4

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Quote from: ensurance982 on April 23, 2015, 04:47:10 PM

Quote from: pereira4 on April 21, 2015, 08:44:39 AM

Quote from: ensurance982 on April 21, 2015, 08:19:28 AM

Quote from: chaoman on April 21, 2015, 08:16:28 AM

You guys are all too conservative. I can see bitcoin being 1 million a piece. This is to money what the internet is to information.

You don't need money to enter the Internet - well at least not to that extent. Also, the Internet is an even more basic technology and provides an incredible amount of utility to the people using it. Just don't fall too hard for that analogy!

How do you enter the internet without paying an ISP?
Also, we could say Bitcoin is to money what TCP/IP was to internet, and it's a pretty accurate analogy, even Andreas agrees with this view.

When you pay an ISP you exactly know what you're getting, there're no surprises and no risk of losing your money. Also the investment is relatively small. People may see at their friends houses how the Internet works and what the benefits are. If I really want to profit from BTC I have to buy some coins.

Dude we are talking at an analogy level, we are comparing protocols and putting things in context. You are missing the point completely.
Of course when you pay an ISP you know what you are getting and no surprises, because its 2015. In the early days no one got internet because it was a mess, just like Bitcoin today.

ensurance982

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Quote from: pereira4 on April 21, 2015, 08:44:39 AM

Quote from: ensurance982 on April 21, 2015, 08:19:28 AM

Quote from: chaoman on April 21, 2015, 08:16:28 AM

You guys are all too conservative. I can see bitcoin being 1 million a piece. This is to money what the internet is to information.

You don't need money to enter the Internet - well at least not to that extent. Also, the Internet is an even more basic technology and provides an incredible amount of utility to the people using it. Just don't fall too hard for that analogy!

How do you enter the internet without paying an ISP?
Also, we could say Bitcoin is to money what TCP/IP was to internet, and it's a pretty accurate analogy, even Andreas agrees with this view.

When you pay an ISP you exactly know what you're getting, there're no surprises and no risk of losing your money. Also the investment is relatively small. People may see at their friends houses how the Internet works and what the benefits are. If I really want to profit from BTC I have to buy some coins.

LFC_Bitcoin

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Quote from: Baghead on April 23, 2015, 02:08:13 PM

Quote from: LFC_Bitcoin on April 16, 2015, 06:30:40 AM

Just a bit of fun speculation -

What price do you see one bitcoin being valued at in 10 years, take a guess?

I'd be absolutely fucking delighted with $5,000 per bitcoin.

I bet you would i would as well lol!

I will play your game and have a wild guess at saying it will be either under $100 or over $3000, if it is under $100 i think $56 if it is over $3000 i think it will be $3899.

It is funny to think about because if we knew we would be filthy rich wouldn't we.

We certainly would.

Baghead

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Quote from: LFC_Bitcoin on April 16, 2015, 06:30:40 AM

Just a bit of fun speculation -

What price do you see one bitcoin being valued at in 10 years, take a guess?

I'd be absolutely fucking delighted with $5,000 per bitcoin.

I bet you would i would as well lol!

I will play your game and have a wild guess at saying it will be either under $100 or over $3000, if it is under $100 i think $56 if it is over $3000 i think it will be $3899.

It is funny to think about because if we knew we would be filthy rich wouldn't we.

ThatDGuy

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Quote from: rjclarke2000 on April 21, 2015, 03:02:29 PM

Quote from: LFC_Bitcoin on April 21, 2015, 09:18:58 AM

Quote from: minerpumpkin on April 21, 2015, 08:34:13 AM

I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!

5000 USD would make a lot of us very comfortable.
I wouldn't be rich as such but it'd give us mortgage free lives etc.

No mortgage would be a dream for me. You said it all right there.

Agreed. Would be wonderful and anything more would just be bonus.

manselr

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Quote from: LFC_Bitcoin on April 21, 2015, 09:18:58 AM

Quote from: minerpumpkin on April 21, 2015, 08:34:13 AM

I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!

5000 USD would make a lot of us very comfortable.
I wouldn't be rich as such but it'd give us mortgage free lives etc.

10K is a conservative price for me long term. 5000 is pretty much guaranteed. When comparing the current marketcap of BTC with other's of similar nature (even tho there is nothing similar to BTC, but for example, VISA, Mastercard, Paypal etc). When BTC takes the world, it will have the marketcap of all of those combined.

rjclarke2000

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Quote from: LFC_Bitcoin on April 21, 2015, 09:18:58 AM

Quote from: minerpumpkin on April 21, 2015, 08:34:13 AM

I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!

5000 USD would make a lot of us very comfortable.
I wouldn't be rich as such but it'd give us mortgage free lives etc.

No mortgage would be a dream for me. You said it all right there.

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