Future value of bitcoin | Bitcointalksearch.org

nobbynobbynoob

hero member

Activity: 784

Merit: 1000

Annuit cœptis humanae libertas

Quote from: davidrools on June 06, 2013, 11:17:54 AM

That's not going to happen. $260 was, I think, largely due to currency speculation.

The price is always in large part due to speculation, as with any commodity. We should consider that while a good deal of future potential may be priced in, that potential still includes the significant chance of falling to zero.

We are over $100 per full bitcoin and the real bull hasn't even started yet.

iamlordvoldy7

newbie

Activity: 4

Merit: 0

haha that post really spoils a lot of optimism. btw, what do you guys think of the current stability of BTC/USD? it hasn't changed much since May

Rampion

legendary

Activity: 1148

Merit: 1018

Have fun with this Bitcoin value calculator that Techcrunch published a couple of days ago Wink

https

newbie

Activity: 56

Merit: 0

who can say that?

Alexander The Great

newbie

Activity: 28

Merit: 0

Time will only tell.

Eva Braun

newbie

Activity: 28

Merit: 0

id say a million to a billion per btc

davidrools

newbie

Activity: 6

Merit: 0

You can estimate a near-best case situation: Bitcoin completely replaces the US Dollar outside the US. Inside the US, they'll probably try to prevent that from happening. There are obviously many other currencies used outside the US, but the dollar gets used a lot. About 800 billion dollars worth. Say that all goes to the 21 million total Bitcoins to ever be minted. 800B divided by 21M = about $38,000 per bitcoin.

That's not going to happen. $260 was, I think, largely due to currency speculation. But as Bitcoins become more and more spendable, which they are, it's quite possible that they could be int he $500-$1000 range within 5 years. That's my guess, anyway.

nobbynobbynoob

hero member

Activity: 784

Merit: 1000

Annuit cœptis humanae libertas

$200-$400 is future? No, that was in the past already!

Long term I'd hazard a complete guess at >>$10k/BTC, or zero. Both are very possible.

KizunaAikawa

newbie

Activity: 9

Merit: 0

$200-400 a few years down the road, depending on how received it will be with vendors.

jezzyjensen

newbie

Activity: 21

Merit: 0

I'd say it has no long-term future. It's slow and cumbersome. It's also associated with Pump and Dump, so few reputable vendors would accept it as payment (unless somehow it was hedged to the dollar).

In the short-term, I think about $300, maybe $500 is possible.

But if Silk Road went out of business ...

KSV

sr. member

Activity: 398

Merit: 250

SVERIGES VIRTUELLA VALUTAVÄXLING

1K in 2015

sidhujag

legendary

Activity: 2044

Merit: 1005

about $0.001, devcoin will probably take over.

dandannn

full member

Activity: 242

Merit: 110

No-one knows... however, I have a good idea of how much i would LIKE them to be worth

KSV

sr. member

Activity: 398

Merit: 250

SVERIGES VIRTUELLA VALUTAVÄXLING

how far out in the future are you talking about?

AlternaPost

newbie

Activity: 14

Merit: 0

I think that the current coins won't be around for very long as better coins emerge, but I'm certain there is a very positive future for virtual currencies in general.

niko

hero member

Activity: 756

Merit: 501

There is more to Bitcoin than bitcoins.

Quote from: merdlb on June 05, 2013, 11:00:06 AM

There's a lot of talk of how much 'coins will be worth in the future. some say 13k/btc some say 100+k/btc some say 0. What do you all think?

Your question implies that there is one future price that we are to predict here. What is the future price of anything? Look at gold, euro, heroin, wheat, roses, internet connection - do you ever see price fluctuating, then finding some equilibrium "future price" and staying there forever??? WTF?!

Rethink your question, this is not working out.

nor9869

newbie

Activity: 6

Merit: 0

100k per btc. in 2030.

Crindon

sr. member

Activity: 434

Merit: 250

Those big numbers you referenced seem quite optimistic, but it doesn't hurt to see the cup half full.

L-Pow

newbie

Activity: 12

Merit: 0

the future's not ours to see. que sera sera

merdlb

newbie

Activity: 10

Merit: 0

There's a lot of talk of how much 'coins will be worth in the future. some say 13k/btc some say 100+k/btc some say 0. What do you all think?

Topic: Future value of bitcoin (Read 1135 times)