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Topic: Is it possible that 1 BTC be worth $2,000 by the end of 2015? - page 7. (Read 26055 times)

full member
Activity: 123
Merit: 100
What are you guys saying about this https://www.tradingview.com/v/eW4PGnUW/

According to that one, we could be at $2000 by the end of next year.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
I would say it would be possible but we will just have to wait and see. I think most probably it will go up to atleast a 1000 by the end of the year 2015.

1K price by end of next year is possible and probable with current market demands.
IF we have luck maybe will pass and 2K but that is just luck.

full member
Activity: 140
Merit: 100
I think so. If the graphs i've seen are correct, whe should be around 1.500-2.000 next year by this time.

We will love to see this to go over 1000$ i think it might just stay there if passes 1K this time.
hero member
Activity: 1022
Merit: 500
I think 1 BTC only worth $1,500 by the end of 2015, why ?
-snip-
3. As long government said bitcoin is bad/not money some people won't use bitcoin
We don't need everyone to use bitcoin in order for it's value to increase. All that really matters is that overall adoption increases.

The Dollar is losing value every year and is likely to lose it at a faster pace in the near future. In that environment, Bitcoin is a digital safe heaven.
hero member
Activity: 924
Merit: 1000
I think 1 BTC only worth $1,500 by the end of 2015, why ?
-snip-
3. As long government said bitcoin is bad/not money some people won't use bitcoin
We don't need everyone to use bitcoin in order for it's value to increase. All that really matters is that overall adoption increases.
hero member
Activity: 770
Merit: 509
I think so. If the graphs i've seen are correct, whe should be around 1.500-2.000 next year by this time.
hero member
Activity: 1022
Merit: 500
I think 1 BTC only worth $1,500 by the end of 2015, why ?
1. As long some people only use bitcoin to get more fiat the price won't reach too high
2. There aren't any news (for now) that can increase bitcoin price
3. As long government said bitcoin is bad/not money some people won't use bitcoin

1.not all people
2.there may be in 2015
3.not all governments

1. Not enough fundamental to support the price.
2. Never.
3. All governments which catch money launderers.

1.Adoption, reward halv
2.Financial crisis
3.You can launder money with anything including Bitcoin, some governments are open to Bitcoin
full member
Activity: 140
Merit: 100
The truth is that its very difficult to tell at the moment. We know it won't by 2014 but who knows what will happen in another year.

My guess is probably no.

You got it there.
Still not end of this year but who nows what will occur in next month or next year.

legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
According to my simplistic model (https://bitcointalksearch.org/topic/non-spreadsheet-long-term-predictions-600802), by the end of 2015, we will likely be over 3,000. Though if things go bad, we could still be where we are right now. Smiley


From your mount to god ears if this happens.
Still good assumption on price.
full member
Activity: 315
Merit: 103
I think 1 BTC only worth $1,500 by the end of 2015, why ?
1. As long some people only use bitcoin to get more fiat the price won't reach too high
2. There aren't any news (for now) that can increase bitcoin price
3. As long government said bitcoin is bad/not money some people won't use bitcoin

1.not all people
2.there may be in 2015
3.not all governments

1. Not enough fundamental to support the price.
2. Never.
3. All governments which catch money launderers.
hero member
Activity: 1022
Merit: 500
I think 1 BTC only worth $1,500 by the end of 2015, why ?
1. As long some people only use bitcoin to get more fiat the price won't reach too high
2. There aren't any news (for now) that can increase bitcoin price
3. As long government said bitcoin is bad/not money some people won't use bitcoin

1.not all people
2.there may be in 2015
3.not all governments
sr. member
Activity: 252
Merit: 251
Knowledge its everything
I think 1 BTC only worth $1,500 by the end of 2015, why ?
1. As long some people only use bitcoin to get more fiat the price won't reach too high
2. There aren't any news (for now) that can increase bitcoin price
3. As long government said bitcoin is bad/not money some people won't use bitcoin
legendary
Activity: 3808
Merit: 1723
The truth is that its very difficult to tell at the moment. We know it won't by 2014 but who knows what will happen in another year.

My guess is probably no.
sr. member
Activity: 317
Merit: 252
According to my simplistic model (https://bitcointalksearch.org/topic/non-spreadsheet-long-term-predictions-600802), by the end of 2015, we will likely be over 3,000. Though if things go bad, we could still be where we are right now. Smiley
hero member
Activity: 1022
Merit: 500
Yes, i think this is very much possible.
Currenly there is just over 13.5 million coins, by 2015 it should be around 14-15 million coins. So with adoption gaining speed everyday you end up with lots more people that want bitcoins and only a few more available than today.
There is also more and more people hanging on to there stash, holding out for the promised 10k a coin.

The mining reward halt, growing adoption and running inflation will help us go to 2000$ then higher, probably in 2015
legendary
Activity: 1778
Merit: 1043
#Free market
Bitcoin is now what? $470? Is it possible that bitcoin will reach that kind of worth a year and half from now?

No , I think it's not possible maybe the next year.
legendary
Activity: 1162
Merit: 1004
Anything is possible with bitcoin give the past history. I am hearing lots of chatters around the forum that it might spike in the next month to reach 1000.

No. Only one thing is possible. This truth is valid both for the past and for the future. There is only one past and one future.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
Anything is possible with bitcoin give the past history. I am hearing lots of chatters around the forum that it might spike in the next month to reach 1000.
sr. member
Activity: 294
Merit: 250
I would say it would be possible but we will just have to wait and see. I think most probably it will go up to atleast a 1000 by the end of the year 2015.
hero member
Activity: 770
Merit: 629
You said it price is based on market cap and demand.
Perception is not in this, except if you are lucky.

The "steady state" price is based upon market cap and demand, which will be the ultimate goal.

However, the speculative part (which has to end one day, and whose sole basis is exactly the non-speculative steady-state outcome) will try to anticipate this.

See it as such, a gedanken experiment:
suppose nuclear power reactors don't exist yet, but the principles are known, and people propose to make them.  Uranium, its fuel, which has no specific value for anything else than nuclear power reactors (say, in this gedanken experiment), has no actual market demand.  Its "steady state" demand right now is essentially zero.  However, the steady state demand for uranium in 20 years, when there will be potentially a strong demand for it, will be high.  If there were no speculation, uranium would be cheap, until such power reactors are build everywhere, and one starts needing it as fuel, and then the price will rise (S-type curve).  Suppose that the demand for usage today for uranium is so low that its market price should be, if only depending on that usage, $1,- per kilogram.  However, suppose that once there are 3000 power plants powering all of the world, the demand for a kilogram of uranium would be $ 10 000,- per kilogram.  Without speculation, the price will remain $1,- until the reactors are there, and will then suddenly jump up to $ 10 000,-.

In reality, the price will not stay $1,- until those reactors are build.  People wanting to be smart, will try to buy uranium now, at $ 1,-, and will try to sell it 20 years from now at $ 10 000,-.  That will increase demand NOW, until the market price is such that speculators are not willing to take the risk anymore of buying uranium for much more than $ 1000,- if they think it has less than 10% chance for the scenario to come out and for uranium to be $ 10 000,-.  So the price will then rise NOW ALREADY to $ 1000,-, anticipating the future 'steady state' price of $10 000,-.

The difference comes from 1) the desire to still make a buck (for less than a factor of 10, speculators won't take the risk), 2) the probability people think it will work out or it will fail  3) risk aversion.

But the price right now will already contain everything one can reasonably expect for the future.  In the end, though, the future "steady state" price, when there is no significant speculation (to the moon) anymore, is the fundamental on which the current price is already based (together with probability of failure, risk aversion, and desire for profit).

If you "believe strongly in nuclear power" then you are willing to buy uranium at a higher price, than people being sceptical of it.  The average weighted expectation (with your money where your mouth is) determines current market prices in a speculative market.

Once speculation (to the moon) is over, the "steady state" price is determined by the fundamental of the market.  In advance, it is determined by the speculative expectation of that fundamental.
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