Bitcoin Forum

How high can bitcoin go in the next 2 years?

With 1000 new members joining this board in the last 18 hours you tell me where you think the price of something so limit as bitcoins is going?

depends on a) how many vendors will accept it as payment for goods and b) how many people adopt. these will determine its value and are rather related to each other. i estimate a rather large jump in the next 6 months if a major retail market starts to accept them, followed by a slow decline and then another large bump as more retailers start to accept BTC. after that it should be a rather steady rise as more people accept and adopt BTC as a useable currency.

i say 6 months as just an estimate for a large well known online retail outlet to start accepting BTC. if you're smart, you will hang onto your BTC in hopes for this to happen. i will be:)

1000 in the last 18 hours?  There are 19250 members at time of writing.  The number of users increased by 5%?  Extraordinary.

It could go up to 1 million dollars or down to 0.01$.

Don't know about the last 18 hours, but the stats page says over 5k in June so far.

Is that supposed to be a 95% CI?   :P

19262 (+0.062% since you posted, 17 mins ago, equivalent to 113,438% annual growth)

I voted 10k, and i believe we can reach Berkshire parity at some point.

Like most small cap stocks the short term value is going to be directly related to the volume of news. I think we'll see a slow decline to about $10, until the next big event happens (Big merchant accepting bitcoins, Silk road 2.0 etc). In the long term, if people actually start using bitcoins as a currency, the sky is the limit (but i'm not seeing a lot of evidence of this happening at the moment).

Just my 0.02bitcent

finally someone who knows the truth.

I think we could top off at $100 (Giving an eventual value of 2.1 Billion) if some major gambling sites and online stores start accepting BTC. But until then I see $10-20 being the average price. This latest drop shows $30 is still too high of a valuation.