What will BTC be worth in 12 months - page 4.

chmod755

legendary

Activity: 1526

Merit: 1021

Quote from: ECore on December 15, 2012, 10:28:58 PM

Quote from: w00ty on December 15, 2012, 03:46:26 PM

It'll depend more on the value of the currency you're comparing to than the value of bitcoin.

~~That's not true. As more people around the globe start using bitcoins the more scarce they become, which increases their value.~~

It is true.

Quote

1 BTC = ~13.5 USD (right now)
1 USD = ~2 BRL

→ 1 BTC = ~27.00 BRL

Let's say a lot of people start investing in Brazilian real for some reason:

1 BTC = 90 USD ↑
1 USD = 0.25 BRL ↓

→ 1 BTC = 22.50 BRL ↓

Bitco

sr. member

Activity: 746

Merit: 253

Quote from: DeathAndTaxes on December 15, 2012, 03:47:57 PM

Based on the poll choices, no possibility of going down? Hang on a second let me take out a second mortgage real quick.

LOL... Tell that to your customers at Bitcons Direct.

HDSolar

sr. member

Activity: 386

Merit: 250

More then what they are today.

LoweryCBS

sr. member

Activity: 364

Merit: 250

firstbits 1LoCBS

I'm starting to think you've asked the wrong question.

Perhaps: How many dollars will a Bitcoin buy in 12 months?

AlexNeto

hero member

Activity: 658

Merit: 536

Z-pay.io

Around 5-6 USD

coins4cash

newbie

Activity: 21

Merit: 0

Im not buying Bitcoins to put away for the future at the moment, I posted the poll just to see what other peoples thoughts were.

I see BTC like any other commodity and with there being a finite number being produced as more goods and services are able to be purchased with BTC and demand rises I can't see why they would ever go down in value.

In fact I was I speaking to a professional investor and mathematician yesterday who considers BTC the number one best investment in the world at this time.

One man's opinion of course.

c4c

Lethn

legendary

Activity: 1540

Merit: 1000

Quote from: greyscale on December 15, 2012, 10:37:43 PM

lol at poll results. I think people say 20+ because they want it to be 20+ not because they think it will actually be 20+

Seen the news lately?

Yuhfhrh

full member

Activity: 238

Merit: 100

I think we will be around $15-20/BTC a year from now.

evolve

hero member

Activity: 700

Merit: 500

daytrader/superhero

Where is the "lower than $13" option?

Gotta go fast!

newbie

Activity: 45

Merit: 0

I'd say something around $18-$20, since that is what will probably happen.

paraipan

legendary

Activity: 924

Merit: 1004

Firstbits: 1pirata

Quote from: greyscale on December 15, 2012, 10:37:43 PM

lol at poll results. I think people say 20+ because they want it to be 20+ not because they think it will actually be 20+

Think again Roll Eyes

greyscale

newbie

Activity: 45

Merit: 0

lol at poll results. I think people say 20+ because they want it to be 20+ not because they think it will actually be 20+

greyhawk

hero member

Activity: 952

Merit: 1009

0,1 EUR

ECore

sr. member

Activity: 420

Merit: 252

https://ubikiri.com/

Quote from: w00ty on December 15, 2012, 03:46:26 PM

It'll depend more on the value of the currency you're comparing to than the value of bitcoin.

That's not true. As more people around the globe start using bitcoins the more scarce they become, which increases their value.

evoorhees

legendary

Activity: 1008

Merit: 1023

Democracy is the original 51% attack

I think it'll be between $20-50 in Dec 2013

DeathAndTaxes

donator

Activity: 1218

Merit: 1079

Gerald Davis

Based on the poll choices, no possibility of going down? Hang on a second let me take out a second mortgage real quick.

w00ty

newbie

Activity: 4

Merit: 0

It'll depend more on the value of the currency you're comparing to than the value of bitcoin.

teesee150

newbie

Activity: 5

Merit: 0

My vote is on $17-$19 given how much it has went up this past year.

mjc

hero member

Activity: 588

Merit: 500

Available on Kindle

Quote from: coins4cash on December 15, 2012, 03:07:54 PM

A question for you guys who are buying BTC as an investment for the future.

c4c

What will the [Euro, USD, GBP, Gold, Silver, Apple Stock, Corn, Beef, Oil] be worth next week, in a year, in 2040?

It is a good question. I kow you are specifically asking the investors among us I am not, at least not on a large scale.

I do know that you have to understand the market forces that affect BTC in order to make such a evaluation.

The influx of new BTC has been halved. New business, new ways to move BTC in and out of currencies are being derived. It would be nice for someone with a financial analysts back ground to layout a model for evaluation.

coder_guy

newbie

Activity: 14

Merit: 0

I don't give a shit as long as its not less than it is now.

Wink

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