Bitcoin Forum

I have been having a chat with my Dad about whether it is worth investing in five or ten bitcoins in the hope that their value may go even higher in the next 2 years. Can you guys give a quick opinion about where you see the value of Bitcoins in 2 years from now. Have they reached their peak or is there still a long way up from here? Your opinions would be appreciated.

 

Nobody can know that for sure. It depends if Bitcoin start out to be a success. If they are , then this is just the beginning. But this also requires for people to actually use BTC.

Either way. This is not a late stage as Bitcoin just got out of the shadows and into Mainstream.

As above. Nobody can guarantee you anything with an investment and with any investment there's always risk. However, if Bitcoin keeps growing and gaining more mainstream adoption, then it's very likely that the price will go along with that, but nothing is guaranteed. Only you can choose whether to take the gamble and invest.

It is not late. It'll be late when you can buy stuff in most highstreet stores. We're at least 6 months away from that and it could take a few years.

If Bitcoin replaced the USD, it would be worth like a million each or more. That's the potential

IMO, more realistically, provided bitcoin is not compromised, we could see BTC at over 5000 USD by next year.

If you haven't used bitcoin before, first buy a small amount and use it to get used to it. Experiment a little first.

Take your own risks, no-one knows the future.

Yes,its never too late,dont invest too much at the begging,start low and if you make profit do higher amounts. good luck

It's too late if you invest the day before the end.

This is just the beginning.

Of the end?

I think it's safe to say Bitcoin will go higher...or blow up entirely. So while you may not see a big increase anytime soon, it's still worth a shot. The platform is still in it's infancy. Even many IT professionals are only dimly aware of it. The fact that we found this forum means we're part of the 1%!

Personally, I would be glad with even a very modest (~5%) YoY value increase. Right now the community needs stability. Of course I would love to see my investments pay off in a very big way, but I'm trying to keep my head cool.

That said, in my most optimistic expectations, a single BTC will hit $10,000 this year. More than this would be cuckoo-insane and probably be a major disruption of the world economy.

https://www.gldtalk.org/devteam/einstein.png


In my opinion, the greatest returns (and the greatest risks) lie in the altcoin category. For example a $100 investment in Litecoin at the beginning of 2013 is now worth $30,000. There will be other coins in 2014 with similar returns. The question becomes "which ones?"

Your journey begins here: http://coinmarketcap.com

I think BTC will hit the $10k in 2 years

One should never engage in an investment unless they are sufficiently familiar with it to understand the various probable outcomes, and how they would effect their investment.

If it is indeed 'late stage' for bitcoin, that would imply that bitcoin is well past the 50th percentile of its lifespan and will soon be no more. If you believe this to be the case, of course it would be foolhardy to 'invest'.

I feel now is absolutely the right time to invest. There isn't really as much speculation as there used to be on whether or not the system can work. From massive network attacks to scammers and initial dismissal, bitcoin maintained it's course, thanks to the dedicated supporters . The networks only grow stronger from this point. If there was a time for it fail, bitcoin didn't get the memo and now it's too late.

It's now gaining support from the major financial institutions and the big players in business are rushing to join the fun too.

Overstock.com is now accepting bitcoin as payment it and I believe NewEgg is supposed to be following suit. Google is coming out with a nifty device to store all of your cryptocoin wallets on a secure device, which strengthens the positioning and appeal to some (certainly not all) of the other (mostly) scrypt based coins.

The direction is much more clear now and even the fact that it's a legitimately debatable topic to discuss the potential for Bitcoin to realistically replace USD and all the others for that matter.

IMHO, we have yet to even come close to seeing the level of success Bitcoin is capable of achieving.

Bitcoin no longer needs training wheels. Yeah it's a huge step but it's not even old enough to drive yet.

I think it is not too late to invest in Bitcoin at this stage. But if I am you, I will wait till the FBI sell their bitcoins to the market. There will be a bog drop in price, when that happens. In 2 years time, I don't know what price it will be, but some analyst in Wall Street, think it will be around $10,000 per bitcoin.

Good luck in your decision.  :)

Here are mostly Bitcoins believers (myselves included) so the opinions are biased.
I personally see Bitcoin is usefull in transfering wealth globally, so I give Bitcoin good future in continuing globalized world.

It might be beginning of the end. It is as usually no one else can tell you when to invest successfully. Or if you fail they do not take any responsibility.

Play with the play money only as usually and you will be just fine.

Don't invest any money you can't afford to lose. While Bitcoin has a lot of potential,  it is obviously volatile and could face challenges from other crypto-currency projects or aggressive government regulation.

It always makes me laugh that everyone wants to guess what Bitcoin will be worth at some point in the future.

Everyone really needs to read their Taleb a little more...

I think there is no good or bad point to get into bitcoins at this stage. There are currently a lot of things going on and the near future of the bitcoin price is unpredictable.
As a long term investment I personally believe that it will turn out to be a successfull investment.

Just don't invest more than you can afford to loose or forced to hodl due to short term price drops.

dont know. Have been trying to mine the alt coins as replacement and hope they will be worth more later.

I'd say that this is still the goldrush stage of bitcoin and other alt-coins.

Invest a small amount now and see how that works out for you.

It is very complicated. Nobody knows big players of bitcoin. Who owns big sums of bitcoin. So they can manipulate the price of bitcoin. So at this moment there is no certainty in price stability. Nobody knows  Satoshi Nakamoto. It is all like big ponzi-scheme.
But  the idea of bitcoin is great. Any community could make it is own currency and be independent of government crooks. At this moment the best rational thing to do is to provide services in bitcoin to make this experiment in real life. So i think that before invest in bitcoin you should research all materials about bitcoin. Invest only things you understand and you have real idea why price will go your direction.

I think there is small chance of bitcoin (or other community based cryptocurency) replace USD or EURO. If that would be even close to reality, government will ban use of such cryptocurrency (because that would mean that rich guys will not be so rich anymore... no more (practically) free money from central bank to banks ...)

But short term, investing in btc will be profitable. Alt-coins can be even more profitable.
I myself have investmenst in btc, ltc, ppc, mnc, xpm, ftc, nvc, nxt :D
NXT has probably biggest future - 100% POS so no mining → nearly no energy needed to run network.

But you should definitely do your research before investing (especially for alt-coins).   

We are in the middle of 2nd 'Reward Era.'(https://en.bitcoin.it/wiki/Controlled_Currency_Supply) Considering there are 34 Reward Eras scheduled and each era is about four years, we are still at early stage of bitcoin phenomenon. Of course, big question is 'Can bitcoin endure next 130 years?'
And that's where investment comes into play. You will be rewarded by taking calculated risks.
 
According to Bobby Lee, CEO of BTC China (exchange), each bitcoin could be worth $400,000USD. (not sure how long this will take, though) Of course this is only his estimate if bitcoin is treated as gold.

My unfound, baseless speculation is that each bitcoin could be worth more than $1,000,000USD if you look into next 50 years or later. Bitcoin is designed to deflate in value over time. There will be occasional bubbles and bursts, but the value of bitcoin will keep raising. That is, of course, in a big assumption that bitcoin will thrive, and used by everyone in coming years.

Do not take my word, don't listen to anyone else in this forum. Do your own study and research and decide yourself.

Watch this seminar, don't take 100% of what they are saying, but it has good information.
http://www.youtube.com/watch?v=Piasa1WgHjA

I have my own question pertaining to this - a block is created every 10 minutes with a reward of 25BTC, so that makes 3,600 BTC every 24hrs. That to me indicates that punters are injecting 3,600 x ~$800 dollars (or CNY, JPY EUR equivalant) = ~ $3m daily into the BTC exchange network every day - by miners selling their newly-minted BTC. For BTC to maintain its price, there has to be that level of investment every day (until the block reward halves again in April 2017). Unless, of course, miners start buying real stuff with their BTC. Either way, I don't see how we can be sure that this level of investment will necessarily keep going (of course, it might go up, but every time it goes up, it requires more every day to keep it going at that level.)  Suppose the price rose to $10,000. Then that would need $36m daily investment. Unless the miners are actually only selling a fraction of their mined coins. But then they wouldn't be able to cash in on their spare coins without significantly depressing the price... Had Bitcoin "taken off" later on in the supply process, say when block reward was 6.25 or 3.125BTC the amount of fiat support needed would have been less.  Has it therefore "grown too quickly"?

Yes! To the moon and HODL baby!

some people predict that bitcoin at the end of 2015 will be wort around 10 000 $. maybe is that unrealistic but i belive it will rise more in value. today it's worth ~810 $ , it's max was at 1200 $ i think. his popularity is still rising so i belive he will rise to. 

Ofcourse, its like a lotto. You can be rich or you can loose all, but do you got the balls to take the risk?

probably yes but we can never know for sure, it all depends on one thing, how big the demand will be ;)

It's never late

I do believe that bitcoin has a bright future and the price will further go up a lot, as more and more merchants (especially those big ones like Overstock and Tigerdirect) are accepting bitcoin.