Pages:
Author

Topic: How valuable will 1 Bitcoin be 2 years from now? Make an educated guess. - page 2. (Read 1755 times)

full member
Activity: 217
Merit: 100
Over 1k, how much i'm not sure. maybe around 3.5k per BTC.

Thats ballparking that it can grow just .5% per day for the next 2 years.

But remember the worth of the $ will also be less in 2 years.

full member
Activity: 147
Merit: 100
I picked $1000, but think that $300-$400 is more likely.  When (if) a large number o ASIC devices go online then the value may go down as supply could increase slightly faster.  I guess the increase in difficulty should nip that in the bud, but if BTC availability rapidly increases the value may level off.  Or it could be the opposite as people scramble to hold on to a few for speculation...
newbie
Activity: 21
Merit: 0
I'm going to guess around $200.

But IMO bitcoin is better off without the investors because it needs long term sustainability.  Investors will leave once a bubble and subsequent crash occurs.  Long term users who use it to buy and sell will not leave as long as bitcoin does what they need.
hero member
Activity: 518
Merit: 500
OK - the recent rise has been largely "blamed" on the trouble in Cyprus. Cyprus is a tiny economy.

But the EU has been full of near disasters in the last 5 years. Anyone in the UK will remember Northern Rock bank. The bitcoin didn't exist then, not in the public consciousness anyway.

In the future, when banking crises occur in Europe, and they will occur due to the EU putting sticking plasters on massive economic problems, people from those countries will head to the bitcoin.

If lots of Germans or Brits headed to the bitcoin for example, you can wave $200, $300 per bitcoin goodbye very easily.

So my guess is the genie is out of the bag thanks to Cyprus. Every new major EU banking crisis will add $50 to $100 to the bitcoin price, more for the major EU economies.
newbie
Activity: 56
Merit: 0
Depends, if the Euro or USD are still around in 2 years.  Cheesy
newbie
Activity: 27
Merit: 0
It is hard to make an educated guess.

I think the price will be closely linked to its real-life-real-objects usage. Can you buy milk with Bitcoins in two years? If yes: Very valuable If no: Not so much.

(Substitute Milk with any other product)
hero member
Activity: 504
Merit: 500
I think around 1.000$ would be normal.
sr. member
Activity: 288
Merit: 251
In one year from now, somewhere between $400 and $1000.
In two years from now, somewhere between $1000 and $3000.

Regardless of the recent rise (which is history and thus should be ignored), there is much, SO MUCH more potential in Bitcoin. Combined with all the shit that's going on with the euro and dollar (which can only go one way: down hill) and the new possibilities, freedom, independency and safety that Bitcoin offers for people's money, I see things going sky high in the near future.

newbie
Activity: 5
Merit: 0
This is really simple but I want the newbie perspective on this even though I lurk in the speculator section I consider myself new because I barely have 4-5 Bitcoins. The question is, how many much will those 4-5 Bitcoins be worth in a couple years?

Do you seriously believe that we can make a living doing this?

Make a living doing *what*? Trading virtual currency? Only if you are very lucky. Mining virtual currency? Only if you have a shit ton of money to spend on a mining rig.
newbie
Activity: 5
Merit: 0
I'm putting my money on them becoming either really expensive ($300+) or really cheap (under $15)
newbie
Activity: 5
Merit: 0
might have to change that second last option, it's already over 100!  Smiley http://blockchain.info/charts/market-price
legendary
Activity: 1428
Merit: 1000
I see $300 end 2013 provided continuing turmoil in eurozone .If the euro cripples down, then $900 is a fair price..
legendary
Activity: 1540
Merit: 1000
Such a guess can only be speculation and not an "educated" guess.

I disagree, someone who is far better than math at me could look at the current rate of printing going on as well as various political activities like Cyprus to make a very good educated guess on how much it's going to be worth in USD. As for the other currencies, it depends on what the other countries are planning, but they all seem desperate to hold onto power so they'll probably go the same way as the USD eventually.
hero member
Activity: 714
Merit: 510
Such a guess can only be speculation and not an "educated" guess.

Feel free to speculate my friend.
hero member
Activity: 714
Merit: 510
This is really simple but I want the newbie perspective on this even though I lurk in the speculator section I consider myself new because I barely have 4-5 Bitcoins. The question is, how many much will those 4-5 Bitcoins be worth in a couple years?

Do you seriously believe that we can make a living doing this?
Pages:
Jump to: