Topic: Final Price of bitcoin to stabilize at? - page 2. (Read 5054 times)
About $400 to $600. Will crash much lower before rising back to that level.
BTC can reach more than $100K.... but there is also a chance that BTC might become worthless in the future.
For example, what happens if US and its allies decide to ban BTC?
If government makes the possession of BTC a criminal offence, then the value of BTC can come down to near-zero in no time. Right now there is no such possibility... but there is a small chance in the future.
I have friends working in the banking industry. When I discussed about BTCs with them, they always try to scare me saying that the possession of BTC will soon be a criminal offense, as it is used for money laundering or the purchase of drugs. These people are not high level employees.... but if BTC becomes a threat to the monopoly of the bankers and services like Paypal, there is a real chance that they will lobby to the government to ban the same.
For example, what happens if US and its allies decide to ban BTC?
If government makes the possession of BTC a criminal offence, then the value of BTC can come down to near-zero in no time. Right now there is no such possibility... but there is a small chance in the future.
I have friends working in the banking industry. When I discussed about BTCs with them, they always try to scare me saying that the possession of BTC will soon be a criminal offense, as it is used for money laundering or the purchase of drugs. These people are not high level employees.... but if BTC becomes a threat to the monopoly of the bankers and services like Paypal, there is a real chance that they will lobby to the government to ban the same.
The price will stabilize at the point where the "value created" by the Bitcoin network is equal to the costs of running the network.
Today, its very little BTC economic activity, and a whole lot of speculation going on. Bubble tops usually don't last long.
Today, its very little BTC economic activity, and a whole lot of speculation going on. Bubble tops usually don't last long.
So what you are saying is that the value will never stabilize right?
The price will stabilize at the point where the "value created" by the Bitcoin network is equal to the costs of running the network.
Today, its very little BTC economic activity, and a whole lot of speculation going on. Bubble tops usually don't last long.
Today, its very little BTC economic activity, and a whole lot of speculation going on. Bubble tops usually don't last long.
IMHO it will go to 10 to 100x the final 'stable' value at some point during the mainstream adoption gold rush. Then the sell-off will be epic. There will be the largest redistribution of wealth in history. It will make/or break millions. After the final grand oscillation period it will settle in to the 5 or 6 figure range. I think this is 5-10 years out.
I also think there is about 0.1% chance that I am accurate
I also think there is about 0.1% chance that I am accurate
Dude, I like your posts.
Thanks! I think it best not to take anything *too* seriously, but in particular oneself. For that road leads to a dark place!
All options are approximate obviously !
“Paper money eventually returns to its intrinsic value – zero.” (Voltaire, 1694-1778)
So where you think the stable value of Bitcoin will be at, in USD? Or do you want to know the price in NewDollar? New-D-Mark, SDR?
Maybe its better posing such a question in relation of something that can actually be compared to Bitcoin. Gold, for example.
This poll is only meant as a bit of speculative fun, we all know about inflation and the fact that all fiat currencies throughout history eventually became history.
All options are approximate obviously !
“Paper money eventually returns to its intrinsic value – zero.” (Voltaire, 1694-1778)
So where you think the stable value of Bitcoin will be at, in USD? Or do you want to know the price in NewDollar? New-D-Mark, SDR?
Maybe its better posing such a question in relation of something that can actually be compared to Bitcoin. Gold, for example.
I reckon around $300k a coin, not lower than $100k and not higher than $1M. Those are today's dollars.
Between $50k and $100k
Bitcoin will stabilize around 2,000 usd for few months, but the trend will always be bit upward because of USD inflationary nature
I don't think the exchange price of Bitcoin (versus USD) will ever stabilize.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
deflationary
/thread
It will take some years to break the 100,000 usd mark and this will only happen if it becomes a major, mainstream commodity.
Speculation will anticipate this valuation by many years as it will be quite a safer bet than buying bitcoin @ $35Maybe im missing something but:
Im talking about btc stabilizing at 100000 usd as a result of its maturity.
You're talking about it reaching that price as a result of speculation. Imo, speculation tends to cause bubbles and doesnt necessarily promote stability (keep in kind there are no btc watchdogs/ stabilization mechanisms as such today).
Also, according to your statement. Do you think 1 btc = 100000 usd within a year as a result of speculation?
IMHO it will go to 10 to 100x the final 'stable' value at some point during the mainstream adoption gold rush. Then the sell-off will be epic. There will be the largest redistribution of wealth in history. It will make/or break millions. After the final grand oscillation period it will settle in to the 5 or 6 figure range. I think this is 5-10 years out.
I also think there is about 0.1% chance that I am accurate
I also think there is about 0.1% chance that I am accurate
Dude, I like your posts.
It will take some years to break the 100,000 usd mark and this will only happen if it becomes a major, mainstream commodity.
Speculation will anticipate this valuation by many years as it will be quite a safer bet than buying bitcoin @ $35
IMHO it will go to 10 to 100x the final 'stable' value at some point during the mainstream adoption gold rush. Then the sell-off will be epic. There will be the largest redistribution of wealth in history. It will make/or break millions. After the final grand oscillation period it will settle in to the 5 or 6 figure range. I think this is 5-10 years out.
I also think there is about 0.1% chance that I am accurate
I also think there is about 0.1% chance that I am accurate
According to the following sourcehttp://www.dailyfinance.com/2013/11/17/bitcoin-bubble-or-value/ btc will stabilize at around 38,000 usd if it achieves 5% of the value of gold. In my opinion, it would be a disaster if it doesn't achieve at least this level. It will take some years to break the 100,000 usd mark and this will only happen if it becomes a major, mainstream commodity.
Probably it will stabilize at goldbar price of roughly half a million dollars a coin in about 5 years. 
There isn't a thing like "final price of bitcoin" thats why every other bullish thread is like "bitcoin 1000000000000000$ when?"
Bitcoin mining will carry on until about 2140.
At that point, the dollar may no longer exist and the "price" of Bitcoin will be expressed in terms of a commodity like gold or copper.
At that point, the dollar may no longer exist and the "price" of Bitcoin will be expressed in terms of a commodity like gold or copper.
Why did you post 50$ and 250$ ?
Want to troll some bears with this?
Want to troll some bears with this?
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