Bitcoin Forum

Bitcoin price 2014 estimate

2009: Started 0.0, ended 0.01
2010: Started 0.01, ended 0.30 ( 29x )
2011: Started 0.30, ended 4.72 ( 14x )
2012: Started 4.72, ended 13.44 ( 1.84x  )

2013: Started 13.44, ended 500 [conservative estimate]  ( 36x )


2014: Started 500, ended ?
 if:
   (5x )  ended 2500
   (10x) ended 5000
   (20x) ended 10000
   (30x) ended 15000
   (40x) ended 20000


What is your estimate?

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History price source: http://bitcoinexaminer.org/how-to-deal-with-a-bitcoin-crash-infographic/

42k

420

$10k next year

Oversupply of new and better coins will cause bitcoin to be $175 at end of year.

$3000 at the end of next year, but anything could happen

Expecting another huge jump is almost too predictable. I feel like bitcoin has always been unpredictable/

I have a feeling we could see a slow year just like 2012, or even a first time negative trend the whole year (with increased FUD, bad news and more resistance form banks/govs). This could be the year that is unexpected, where more and more people lose confidence and start falling off the train, and only the true believers or delusional hopefuls continue to hold on. But once most people realize bitcoin brings financial control in the hands of individual, it will skyrocket. Most people again will miss the train again.

"Better coins"?  A bitcoin is a bitcoin regardless of how it's mind or equipment used, right?

I think he means better alt-coins.

If in fact your prediction is correct it sounds like something that could be by design allowing Gov's and whales to buy and hoard it all.
Excuse my ignorance with this question but wouldn't that much coin in the hands of ppl like that be able to greatly control it? ...and if they can control it then this makes it the same as fiat, is this correct?

They CAN'T control it.  All they can do is hoard it.  I mean, if it's going to replace fiat the govt needs to deal in some kind of currency, right?  And if they buy, the price will shoot up, and then their balls will be in our hands.

Am I alone in thinking that hoarding can have little to no effect on the potential of Bitcoin? Yeah, it might have an affect on the trade value of Bitcoin, but again, the purpose of Bitcoin is not to be some kind of valued commodity. With one bitcoin, we have one hunderd million uBTC. If all the governments in the world hoarded 98% of all the bitcoins available, there would still be PLENTY for the people to use. The power Bitcoin gives to the people can not be taken away.

All this speculation is fun and the thought of making a pretty penny is great...but let's not lose focus on the true potential of Bitcoin.

1 birron dollars

price range in 2014 would be 300-3k

This seems most plausible, except if some new way of Bubble forms...

Jan 2014 $500-$600
Nov 2014 $2000+

2-3k easily.

I can't believe how some people are shortsighted and can't see that stage is set for big players to enter. New investment funds keep coming in, angel investors sending millions to Bitcoin companies, we're few weeks/months from Bitcoin entering Wall Street etc, etc..

$40-$100

as much as i'd love to think about a $3k+ BTC this time next year, i don't think it'll happen. china embracing BTC a monthish ago was a huge catalyst for BTC market growth. something of this magnitude needs to spark a chain reaction of adoption in order for a 30x + increase in value to happen again. BTC is attractive because it comes off as being a low cost, GLOBAL payment network. excluding China from a GLOBAL payments system is bad news. when it comes to trading, especially in exports, China is a key player. without China, Bitcoin's "global" payment network seems weaker to the layman. and unfortunately, the layman's perspective is the one that matters when it comes to investing in the marketspace of innovation.

This was a good prediction, made at the time and not revised...

Thanks, and I agree... I've made several good predictions around here actually but no one listens  ;)



I am bitcoin god