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Topic: Close your eyes, wait two years... how much is a bitcoin worth? - page 3. (Read 3827 times)

legendary
Activity: 1834
Merit: 1019
Either Bitcoin goes to $0 or Bitcoin wins
sr. member
Activity: 278
Merit: 251
A while back I saw a post that illustrated that since its inception the price of one Bitcoin has hit a rough benchmark baseline that it would never go below again every five months. The pattern was that every five months the lowest price would be twice what it was five months before. The post went through $8 and predicted that $16 would soon be the absolute lowest that BTC could go to.

In two years there are 24 months. Lets call that five periods of five months, because fuck it, this would mean that the price of one Bitcoin in two years would be $512 at the very minimum. (16*2*2*2*2*2)

If we are trading at a premium similar to what we are now (~$100:$16) the price would be about $3200.


Yet another reason I am thinking around 3k in 2 years time.
member
Activity: 98
Merit: 10
America, land of the free
Not if other countries tell you USAians to fuck yourselves in the arse.

Considering current international anti-money laundering treaties, that's not likely to happen soon (particularly with bitcoin).
legendary
Activity: 1400
Merit: 1005
A while back I saw a post that illustrated that since its inception the price of one Bitcoin has hit a rough benchmark baseline that it would never go below again every five months. The pattern was that every five months the lowest price would be twice what it was five months before. The post went through $8 and predicted that $16 would soon be the absolute lowest that BTC could go to.

In two years there are 24 months. Lets call that five periods of five months, because fuck it, this would mean that the price of one Bitcoin in two years would be $512 at the very minimum. (16*2*2*2*2*2)

If we are trading at a premium similar to what we are now (~$100:$16) the price would be about $3200.

Trends always hold true until they don't.

That said, I am a bull on Bitcoin.  It is an unstoppable monster now.
full member
Activity: 126
Merit: 100
But the US is not the center of the universe. 

No, but other countries will soon follow suit.  Don't underestimate the US gov's ability to influence financial law in other countries.
Not if other countries tell you USAians to fuck yourselves in the arse. Watch this(it has subtitles): http://youtu.be/9gF5MraRO60
hero member
Activity: 634
Merit: 500
A while back I saw a post that illustrated that since its inception the price of one Bitcoin has hit a rough benchmark baseline that it would never go below again every five months. The pattern was that every five months the lowest price would be twice what it was five months before. The post went through $8 and predicted that $16 would soon be the absolute lowest that BTC could go to.

In two years there are 24 months. Lets call that five periods of five months, because fuck it, this would mean that the price of one Bitcoin in two years would be $512 at the very minimum. (16*2*2*2*2*2)

If we are trading at a premium similar to what we are now (~$100:$16) the price would be about $3200.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
back to $100-150, but it's about to launch into superbubble nr. 3, which will be the last or second to last bubble with that kind of increase in magnitude.
sr. member
Activity: 278
Merit: 251
Sticking by my annual 550% rule.

https://bitcointalksearch.org/topic/monkeybars-btc-predictions-217773

The price could differ greatly from my prediction if there happens to be a spike or trough along the trajectory on this date in two years, but I'll go with $2875 per BTC on 6/28/15.
hero member
Activity: 826
Merit: 508
I think you may be right, OP, but I certainly won't be buying and holding!
vip
Activity: 113
Merit: 12
member
Activity: 98
Merit: 10
America, land of the free
But the US is not the center of the universe. 

No, but other countries will soon follow suit.  Don't underestimate the US gov's ability to influence financial law in other countries.
legendary
Activity: 1148
Merit: 1001
0.18$ since US closed all exchange markets and you cant sell them or buy them.

This sounds accurate.

But the US is not the center of the universe.  So, if this is the case, then the rest of the world will have BTC and the US will become a third world country.
sr. member
Activity: 308
Merit: 250
verified ✔
It' Forbidden to have or help someone to get Bitcoins,
because Tax Evasion is Terrorism, if you only write about Bitcoins you will face severe penalty's
even detainemet in Guantanamo.



legendary
Activity: 1148
Merit: 1001
So this will be pulled up in two years so we can pat ourselves on the back.

Being the ultra optimist I am going for $10,000 per BTC.   Grin

I would have put $100,000 but I was being conservative.  Wink



member
Activity: 84
Merit: 10
supernode
0.18$ since US closed all exchange markets and you cant sell them or buy them.

BTC5.55/1USD?

Quite the bull. I was thinking more along the lines of BTC8.12/USD

JUst wait for GOX being shut down and watch the price Smiley
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
0.18$ since US closed all exchange markets and you cant sell them or buy them.

You don't need an exchange to buy or sell bitcoins.
legendary
Activity: 896
Merit: 1000
0.18$ since US closed all exchange markets and you cant sell them or buy them.

BTC5.55/1USD?

Quite the bull. I was thinking more along the lines of BTC8.12/USD
hero member
Activity: 756
Merit: 500
It's all fun and games until somebody loses an eye
Here, let me check my spreadsheet ... 288.50 USD per BTC on 2015-06-28. Mark it in your calendar.
member
Activity: 98
Merit: 10
America, land of the free
0.18$ since US closed all exchange markets and you cant sell them or buy them.

This sounds accurate.
member
Activity: 84
Merit: 10
supernode
0.18$ since US closed all exchange markets and you cant sell them or buy them.
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