Bitcoin Forum

let's look back

2010 - 0.01$ (famous pizza event)
2011 - 10$
2012 - 100$
2013 - 1000$

I am officially giving my opinion that Bitcoin as we know it will not exist, or if it does, it won't be the major cryptocurrency in use.

Cryptocurrencies are here to stay, but I doubt Bitcoin will be a major player in the long run.

I believe in Bitcoin.  That said, I don't believe Bitcoin will be around in 2040.  It will be replaced by something else in the same vain, that is more efficient, accessible and secure.

By that time either Bitcoin will be the world currency, or else it will no longer exist.

Bitcoin value will be 1 000 000 $ for 1000 Bitcoins, I guess. ;)

I don't think we will see 10,000 this year.  I know that has been the patern but the Market Cap of Bitcoin will be a drag on its valuation.  Its easy to go up 10x when the market cap is small. However for Bitcoin to keep up this pace A 10x Move will push us close to the $100B in market cap....that's real money and its going to take a lot of mass adoption to move us to that valuation. We may get there in a few years but don't expect bitcoin to put up the gains it has in the past.

$0
SHA256 gets cracked and everyone flee  ;D ;D ;D

What if in 2040 dollar won't exist anymore?

It won't exist because all of the speculation and profit taking will have driven it into the ground.

Speculation is the topic of market analaysis to try and determine/predict market movements.

Well, I should say it's supposed to be, or it was.  Now it's mostly just full of idiot trolls because the mod is asleep at the wheel.

2014 - 10000$
2015 - 100000$
...
2040 - 1000000000000000000000000000000$

OMFG! it'll be like 1000000000000000000000 Billion $

We'ze all be rich!!!!

The US dollar won't exist or won't be relevant anyway.

No fiat currency managed to keep the status of world reserve currency over two full centuries so far.

We will be fat and balding, no point in being rich in 2040

lol, yeah, I'd be 63 then.

0...

One google dollars.

Neither Bitcoin nor humans will exist in 2040. In the ruins of a war-torn planet, there might still be some cyborgs and/or robots, but they won't have any need for money or similar archaic concepts.

In the short to medium term:

Bitcoin will soon be succeeded by another cryptocurrency. One that is user-friendly, safe, fast and anonymous. The Bitcoin community is, sadly, failing to build a reliable, secure and -- most importantly -- user-friendly infrastructure. That will be the downfall of this particular cryptocurrency, but not of cryptos as such. I think Bitcoin's ATH was reached in November 2013. BTC price for most of 2014 will stay in the 300-700 USD price range, giving short-term traders decent opportunities to make money.

What do you predict to be our extinction event?

Probably worth this much:

https://s3.amazonaws.com/lardbiscuit/pix/idiotcash.jpg


Bitcoin in 2040 will be like comparing technology as it existed in 1988 to the tech of today.


1988:

http://www.rescuepost.com/.a/6a00d8357f3f2969e2013480169095970c-pi

2014:

http://www.digitaltrends.com/wp-content/uploads/2014/01/2014-good-gaming-2.jpg

Nuclear meltdown of more than 400 fission reactors + lack of food production due to runaway global warming caused by the activation of several self-reinforcing feedback loops. On a severely overpopulated Earth, this leads to nuclear and biological warfare for the remaining food, clean water, oil and other scarce natural resources. Famine, pandemics and cannibalism ensues, lasting until the last humans go extinct.

Have a look at some statistics, e.g. arable land per capita, if you want to be frightened. And take into account the fact that human civilization represents the sixth big extinction event in Earth's history. We're decimating biological diversity, just to accelerate the cancerous growth of our depraved economy.

http://www.peakfish.com/page/2/  (http://www.peakfish.com/page/2/)

Also: Guy McPherson's work is interesting if you're into the doom and gloom stuff.

It will be worth seven chickens and one rooster to inseminate them.

Give a man a chicken and he'll eat for a week. Teach a man to make chickens fuck and he'll eat for a lifetime.

But how many dollars for an egg?

$10,000 in 2015
Obsolete in 2040

I'll be 92, hopefully not fat (too much S&D&R&R) but the balding part has already started.

Even more reason to be rich. I don't pay for the S but the D and the R&R seem to cost more with each passing decade. Hopefully my bitcoins and Ethers will keep my twilight years rocking.

You guys intend on dying?  :o

We all die eventually but with proper stress avoidance and advances in medical science, living for over a century is well within the scope of reason.

When I was a kid in my 20s, we all thought we'd be dead before we reached 30, given the excesses of our partying.

Well guess what, many of us are still going strong in our 60s and 70s. It seemed like all the goody-two-shoes straight Johns with dead-end careers were the ones who dropped dead early. (Touch wood!)

Maybe we'll all get nuked tomorrow, but I'll make my plans based on the fact that if I do live another half century, I want to be comfortable.

This is a sad thread :D. It's the #1 bear speculation thread on life itself.

About bitcoin. My outlook right now long term is so dark that i'll get banned from bitcointalk.org if I spell it out!

Something in the line of total world reticule and condemnation ending up as a collectibles amongst ANCAP geeks on right wing computer rallies.
Paper wallets and Cascasious coins once in a while being traded on Ebay a curiosities, like Liberty Dollars are now.

meanwhile global banking invent other cryto currencies for it's self accounting properties, and in time will issue personal double keyed wallets to the masses, keeping governments in control. Historically Rulers have had periods where usury has been banned because of inflation / corruption. If we ever get to a post bubble world, a bitcoin like currency will fit the bill exactly.

Polling options should be like
0-100$
100$-1000$
1,000$-10,000$
10,000$+
it will make more sense..!

BTC was still double digits in 2012. 

what happened to newbie jail?

It is even difficult sometimes to tell what is going to be tomorrow and you about what will happen in 2040

I wish it will grow up a lot but I don't wanna think about what will be in 2040 as I will be so old  :(

It did not reach 100$ in 2012.  $15.60 was the high in 2012.

Microsoftcoin released, with wallets mandatory on all OS versions.