Topic: When will BTC be worth $100,000 per BTC??? - page 5. (Read 6871 times)

In difference to my former estimations the target valuation will be 10 million USD / BTC. That means 1 Satoshi will be 10 US Cent.

The simple reason is the Internet development:



Take this curve - we are in 1985 - values from the y axis my be divided by ten. Only question the scaling of the x axis - maybe 2020 will be 2010 in the chart - who knows ...

2016. If it continues to follow the current trend.

Ya, you can go out, eat, ask "Have you got change for a bitcoin?" and when they don't, promise to pay them next week when you break it.

When it raised to 1E5 USB / BTC there will not be need anymore to change Bitcoin into anything else.

Friends and family discount here, $199,999.95 for two

Definately wallets needs to improve even aesthetically. The guys behind armory btw got a large funding some time ago so we should expect something better soon.

By step 2016 as the exp chart say

this time next year btc will be 100,000 i hope 

I also think that the use of wallets need to be more user-friendly. People get problems with the updates on the wallet(no more data anymore after update) or don't know how to backup properly and its also not well explained.. For regular people this can be an issue not to start with Bitcoins what needs to get fixed soon..

Yeah, in the next century.

I can see 15-20k usd per coin, 100k looks very optimistic

Who knows though?

Gold and silver are not as secure as bitcoin. For the simple reason that physical assets can be seized, while bitcoin can not. Serious Money have people to take care of the technical details for this kind of stuff, all they need is the big picture.

Bitcoin needs to be heavily exchanged in the product and services market in order for it to be sustainable.

As I see it the market will keep growing, making it more stable. In the next year or so the current price will keep rising because of speculation, with many intermediate corrections.

I don't think it will hit $100k, unless the dollar goes bust. And in that case the big bucks will probably flee to gold and silver.

Those currencies are national currencies and there are political reasons on top of economical ones for their coexistance. In the cryptoworld for an alt coin to rise against bitcoin or even to coexist along side with bitcoin it must bring something new to the table. And no lowering confirmation times isn't that type of new.

Just keep in mind that 2 years ago the price was 1$. Imagine what people would think of someone that was saying back then that the price will rise to 1000$.   
And for the price to move from 1000$ to 100.000$ is much easier and more probable than a rise from 1$ to 1000$

The problem with these dreams of bitcoin being at $100,000 per BTC is that the early adopters will always cash in a much lower prices in order to buy real assets: a house, a new car, a new jet, etc... After all, money is needed to buy things.

I doubt it will be this expensive anytime in the coming years,even positive people suggest things like 2000-3000 dollars but getting 100,000 dollars for each BTC seems too far.

You need to understand that it remains to be determined if BTC is actually the facebook or google, and not actually the myspace, or aol. Being the first isn't synonymous with being the best. Even if it were, their respective exponential growth rates happened for a limited time only, and today they are growing at much smaller rates. More sustainable rates, I might add. And a sustainable rate is much better for the future of anything then an exponential one. Keeping in mind that things can exponentially decrease as well. This tremendous period of growth for BTC is normal as critical mass takes place, however, it cannot be expected to maintain. The volatility is a turn off to new adopters, and new adopters are what the future of this currency depends on for its success.

people need to understand, the biggest supporters of the 100,000 dollar bitcoin are those who are early adopters of bitcoin. They want to hype it up, because the more people who buy in at high prices the more they make. Use your common sense, what human would value a set of numbers at tens of thousands of dollars, versus physical goods?

This type of thinking is completely contrary to the purpose of bitcoin. It should be used as currency, not as  a volatile speculative, asset/stock investment. The current growth rates aren't sustainable, just simply not. Imagine you don't own any bitcoins, and you want to start using them. Are you going to spend all your money on btc or some other crypto that is cheaper and more suitable to what you intend to use.

BTC is going to be a reserve currency that other currency will be measured in, it's missing the mark as pr an actual transactional currency. It would be just as easy for a vendor to accept ltc, xpm, ppc, etc as btc. Just as cc machines accept visa, mastercard, discover, amex, etc. Any technology or publicity gained by BTC, will also be gained for alternative currencies. There are also many cases in history where the forerunner has been outdone by a competing alternative. I like to use oreo's as an example, because they were the knock off cookie at the time they began.

Although you can buy .000001 bitcoins, that doesn't mean people like to trade in that type of number. People are much more willing to trade in 10,000 or 100,000 $ bills (as in countries like Indonesia, Vietnam, etc) then in .000001 whatever. There are so many currencies in the world coexisting, there is no reason to believe why crypto will not do the same.

I want to buy Microsoft with my btc too.....

You underestimate how much some ideas are worth when going mainstream, like facebook or google.