Topic: UPDATE - page 3. (Read 3999 times)

i have to says no and never and i'm so doubt bitcoin will reach to 1M$ even for next 10 years i think that is impossible for me
and the highest prices for next 10 years might be approximately $3000 but it could be less than that

No it will not. I know that people are hoping for something like this to happen so they will not have to work ever again. But I think it will not be that high, maybe in the thousands could be possible.

Impossible to predict.
I hope it goes that way.
It is possible if most of the big countries accept bitcoin as the dollar or the euro , ...
There should come out a hope more positive comments in the press. Then it will go up bit by bit and who knows where we end ...

I dont think it would ever reach 1 million in a lifetime. Looking upon the price of 1 bitcoin right its to hard to believe it would reach 10k also atleast.

To reach that amount of money I think a lot of people need to use bitcoin that and that will be take a lot of time.

But who know mabe in 30 years can happen.

I voted as yes but there is lots of thing that may change with time and also that will impact on bitcoin price. If quantum computer or so called DNA computer get into market than bitcoin will never reach that mark and i doubt it will eventually die. Lets hope it will not be developed within 10 years.

This kind of report which offer to many data (even extreme ones) have not taken in consideration one very important thing: its decentralization. That mean that no one can cares for it. No one can command it. Bitcoin is like a newborn, newrace "frantic" horse which do what it want. Every model is make based in data taken from the market but not for things out of every kind of control like it is bitcoin. A currency without Central Bank or other Authorities which can regulate (not control like must be and like it is for every other currency) it; or at least to influence the markets where it act.

The above things make any kind of prediction or hypothesis very less probable to verified or to have some real point on it. For more when don't holds no clear stance. The article show the make of a very big voluminous work but you can find even sentences like that: "Despite a mostly positive outlook, Wedbush acknowledged that the price of bitcoin could ultimately fall to $0 or otherwise rise and fall erratically."

For what was all that work and all those calculations if is written such sentence? Where is the value of the work made? The only meaning of this phrase is that bitcoin can go even in zero or in every other value over the zero. Or in some of those. Always conclusions issued from data regarding a currency out of every kind of control. But who cannot have other values. If bitcoin is out of control it was enough that only of the factors taken in consideration from the authors go a little different from the one used by the authors to make their predictions and everything go down. Fact this that can be verified with big probabilities. Repeat: bitcoin is out of every kind of control. As such can do what it want. This fact bring new predictions. If will continue in this way bitcoin can have all the possible values.  If so, for what is needed the study. Everyone know this fact.

A lot are made, but only the right ones will be quoted

Enjoy!

http://www.coindesk.com/wedbush-report-projects-400-bitcoin-price-by-2016/

no one know, but in 10 years the mining supply will be useless, so it is as we are already in 2140, hence i would say that from 10+ years there is ahcances for a big value in bitcoin

not that i think miners are putting a big pressur eon the market even right now...they are probably holding 50% also

Bitcoin price in 10 years can be over 10k/100k$ (or worthless which I don't think it will happens).
I voted the 4th suggestion - even thinking that in the future we will not compare btc/usd but mbtc(better to find a cute name for it)/usd

To be on the safer side of speculating I would say only time would tell. We should probably let Bitcoin roll on the steep and low roller coaster and attain some form of long term stability in its price which could make a big difference.

I think we should be more realistic about price predictions.
It may definitely hit $1m but it is more likely to hit $10k.

Well if fiat collapses, there is no point in measuring things in dollars. We should be saying that in 10 years everything will be denominated in bitcoins

I surely hope so, but I don't think it will happen if I look at it from a realistic point of view. There are too much people with at least 10K BTC. And do you remember the hamburger king and experienced pussy lover, Mark Karpeles? Don't you think he'll get mad and start dumping like there is no tomorrow?

all what i think is it won't happen, don't even dream nor wish for it 'cause you'll just be disappointed and frustrated. personally i am happy with btc going back to $1k once again, definitely more possible in just years or maybe even in just months...

If fiat collapses the world will be in melt down mode and Bitcoin won't be an easy savior. Especially if we've lost the ability to access the internet (which is perfectly possible if the economy is breaking down).

ALso, if Bitcoin becomes the only monetary system imagine how all the people in power will want to control and manipulate and dominate the bitcoin world - it's already happening!

III WW ?

If fiat collapses, then for sure, btc will rise to its true value.

Yeah, that's a great point. The growth will be sporadic and exponential (hopefully at times!) I still can't imagine a $10,000 per coin valuation. It's not like people are putting numbers to their claims or predictions...which makes it worse. It hypes people up with no fact or logic or math to the predictions...