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Topic: Bitcoins will intensify to over $1,500 in our lifetime (Read 3365 times)

sr. member
Activity: 654
Merit: 250
$5,000 is also possible!



It's amazing that a few years ago we talked about such amounts and now the BTC course reaches even ten times. Sometimes I need to pinch because I do not believe in what is happening.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
Here is my constructive criticism.

The essay could be more focused. There are only a few statements that support your premise, directly or indirectly. The rest seems unrelated.
A more complete essay would anticipate counter-arguments and address them also.
By picking a specific value, $1000, the reader expects you to describe how you arrived at that value.
Minor mistake: the title says $1500, but the body says $1000.

Good point, I agree. Also, it was quite a long but good read, if I may add. You should try to arrange your thoughts first before making an essay about this topic or any topic for that matter. Although you have mentioned good points, your thoughts and train of mentioning them seemed to be in disarray. It would support or showcase your point better if they are in a better arrangement and order.
member
Activity: 154
Merit: 10
10,000$ is also possible!
Lol, you are absolutely right!

I'm predicting $20,000 in 2018  Grin
member
Activity: 86
Merit: 10
 From my experience, I feel that conferences could be a good way to learn. I found this one https://blockshowasia.com/ and I'm thinking to go, but tickets are not so cheap, but I suppose it could worth it... what do you think guys? have you heard about it?
hero member
Activity: 784
Merit: 502
bump for lols
hero member
Activity: 1162
Merit: 568
I totally disagree.

Can't imagine that.
newbie
Activity: 43
Merit: 0
Try $100,000

I dont actually think bitcoins will be used as currency in 50 years - they'll be collectors items and status symbols for the rich.

The good altcoins are what will become genuine currencies - most will die off - most are rubbish - but Peercoin, Worldcoin and a dozen others or so that are around now will continue to appreciate in value.

And then there will be some genius that develops a crypto-currency or other type of digital currency that blows them all out of the water, even Bitcoin.

That's how these things evolve.
full member
Activity: 154
Merit: 100
It's easy to predict what may happen but no one really knows! That's what makes the whole thing exciting!

 Wink
newbie
Activity: 20
Merit: 0
First hope bitcoin will be alive in the next year, then hope more

I do think that bitcoin and alt coins will look more enticing as the dollar continues to devalue and eventually collapse.  I have serious doubts that the fed will truly be able to taper. 

I really love Peter Schiffs commentary on the recent so called "taper lite" http://www.youtube.com/watch?v=UkF3Wue7nj8
the fed said it will begin next february. I guess congress could actually close the budget deficit, but otherwise you is going to buy all of those bonds when china has already said they are going to cut back their bond purchases.

ko²a
newbie
Activity: 20
Merit: 0
First hope bitcoin will be alive in the next year, then hope more

I do think that bitcoin and alt coins will look more enticing as the dollar continues to devalue and eventually collapse.  I have serious doubts that the fed will truly be able to taper. 

I really love Peter Schiffs commentary on the recent so called "taper lite" http://www.youtube.com/watch?v=UkF3Wue7nj8
the fed said it will begin next february. I guess congress could actually close the budget deficit, but otherwise you is going to buy all of those bonds when china has already said they are going to cut back their bond purchases.
newbie
Activity: 38
Merit: 0
10,000$ is also possible!
newbie
Activity: 1
Merit: 0
It will move above 1500$ but will not be stable through out the year 2014. Hence, we must be cautious enough to trade.
legendary
Activity: 896
Merit: 1000
$5,000 is also possible!
newbie
Activity: 36
Merit: 0
7,000,000,000 people in the world but only 21,000,000 Bitcoins.

Interesting thoughts, but you're missing something.

Bitcoins can be easily replaced, they have no intrinsic value. Bitcoins are good for cheap money transfers, etc. But no one will ever pay 1000$. They'll just switch to LTC or some other fancy currency.

People will pay +$1000 for 1BTC (It has already been there).

If the exchange was that high people would still pay USD for BTC because you do not need to purchase "whole" coins; they can be purchased in decimal amounts.
newbie
Activity: 23
Merit: 0
First hope bitcoin will be alive in the next year, then hope more
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
7,000,000,000 people in the world but only 21,000,000 Bitcoins.

Interesting thoughts, but you're missing something.

Bitcoins can be easily replaced, they have no intrinsic value. Bitcoins are good for cheap money transfers, etc. But no one will ever pay 1000$. They'll just switch to LTC or some other fancy currency.

How far we have come from a year ago.
full member
Activity: 123
Merit: 100
It's simply a high price for something completly worthless. I would rather transfer 100$ in thousands of LTC than in 0.1 BTC because I know if that price is reached at some point it's a bubble price and I don't want to see the bubble burst during a money transfer, risk too high.

I hope you remember what happened after the 30$ bubble lol.
legendary
Activity: 3657
Merit: 1448
Bitcoins are good for cheap money transfers, etc. But no one will ever pay 1000$. They'll just switch to LTC or some other fancy currency.
The funny thing is, that the price for 1BTC doesn't really matter at all if you just want to transfer money.
If you want to send $100 to your good friend in Kualalumpur, it makes no difference if you send 1, 0.1, 0.001, or even less BTC, your friend will receive $100 worth of bitcoins, no matter what the price is.

No need to switch to any other currency just because. Makes no sense.
legendary
Activity: 1386
Merit: 1000
Interesting post, something a little different and with a bit more detail than usual Smiley

There is a good chance they will keep increasing in value as the demand for BTC keeps getting higher and higher - I am not sure if they will get to over $1500 though !
full member
Activity: 207
Merit: 100
I don't know if bitcoin will worth 1500 $ but from my analysis it is good time to start buying around 10-8 $ :
http://www.btcwallet.org/?p=172
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