Bitcoin Forum

Economy => Speculation => Topic started by: trizma on September 15, 2014, 10:36:05 AM



Title: A Glimpse into the Future of Bitcoin
Post by: trizma on September 15, 2014, 10:36:05 AM
Found this interesting... thoughts?

In the year 2014, 1 Bitcoin will be worth approximately $1,455.
In the year 2015, 1 Bitcoin will be worth approximately $5,862.
In the year 2016, 1 Bitcoin will be worth approximately $12,652.
In the year 2017, 1 Bitcoin will be worth approximately $28,328.
In the year 2018, 1 Bitcoin will be worth approximately $56,812.
In the year 2019, 1 Bitcoin will be worth approximately $413,067.
In the year 2020, 1 Bitcoin will be worth approximately $1,000,000.
...
In the year 2035, 1 Bitcoin will be worth approximately $1,000,000,000.


Cryptocurrency shall be the very fabric in which the "middle-class" will be destroyed.
Many cryptocurrencies will be worth a far greater amount than will ever be seen by a dollar.
In fact, all dollars and other forms of currency will either be owned in bulk (collected by the wealthy enthusiasts) or none (by the poor).

Because within the next ten years, the price of the Bitcoin, and several other cryptocurrencies, will be so far out of reach for most people,
they will have no choice but to turn in the dollars they do have, in exchange for digital currency, as major corporations will no longer support the physical currency.

Grocery stores will no longer accept physical currency, for example, and if you don't pay them via digital, you're likely to starve.
There will be digital gangs, and crime will be less about violence, and more about theft.

Major corporations, that own skyscraping buildings, will run petaHash/s (and eventually exaHash/s) setups at the base of their buildings.
Building such machinery, will become one of the most lucrative jobs that a low-level investor could have.

All forms of cryptocurrency will be accepted everywhere, except for very small minority of rebel farmers that don't believe in going digital.
Even the now famed, Dogecoin, will hold a little value, though it will be nothing like it will be, in late 2014/early 2015, when it reaches its peak.
Doge will, for the most part, go the route of Tickle Me Elmo, Slinkies, My Buddy, Beanie Babies, and the likes..
It will have a very strong 2014, and perhaps a good 2015, but I don't see it lasting as strong, much longer than that, though it will always be respected, favored, and remembered in high regards, as one of the most influential of the cryptocurrencies. It's language will live on for decades to come (you have been warned).
By the end of this year, Doge will be mainstreamed, and will be HUGE!
But, when we're in 2017, and everyone's trying to get ahold of [coin removed], people will still use the [then] old, but modified phrase, "[coin removed] makes much rich!", as well as other similar phrases.

Within the next few months, the price of the Bitcoin will drop to as low as mid-to-high $2xx/low $3xx. When this happens, it will be time to BUY, because such prices will NEVER be seen again, and next year, you WILL kick yourself, for not investing. Pay very close attention to my warning, for it will be your last!

http://www.blackhatworld.com/blackhat-seo/cryptocurrency/650448-glimpse-into-future-bitcoin.html


Title: Re: A Glimpse into the Future of Bitcoin
Post by: TheNewAnon135246 on September 15, 2014, 10:44:35 AM
I'm sorry but those predictions are based on nothing. There are 21,000,000 bitcoins. With those predicitions the total bitcoin value in 2035 will be $ 21,000,000,000,000,000. I hope you understand how ridiculous that sounds......


Title: Re: A Glimpse into the Future of Bitcoin
Post by: giveBTCpls on September 15, 2014, 05:16:41 PM
So i'll be able to move from move parents basement in 2019?

Anyway, regardless of what the final number is, I think bitcoin (or some competing crypto currency) is going to bring about the most massive redistribution of wealth that the world has seen thus far.

I don't know the timescale - could be 5 years, could be 100 - but those early adopters are going to make incredible returns. NOT US, when I say early adopters, I mean lucky guys like rpietla and the rest. The poor pleb like me who will own like 1 or 2 BTC best case scenareo, will not make mega gains, unless it goes to like 100K per coin or something. But something is better than nothing, so not owning at least 1 BTC is more risky than having it all in FIAT.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: vuduchyld on September 15, 2014, 05:18:51 PM
Normally, I find facts (or at least fact-based speculation) more compelling than fiction.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: Chuckee on September 15, 2014, 05:28:35 PM
http://buttcoin.org/wp-content/uploads/2011/06/disco-stu.jpg


Title: Re: A Glimpse into the Future of Bitcoin
Post by: InwardContour on September 15, 2014, 07:34:53 PM
Quote
In the year 2035, 1 Bitcoin will be worth approximately $1,000,000,000.

I believe in bitcoins long term but this prediction is too unrealistic...


Title: Re: A Glimpse into the Future of Bitcoin
Post by: CryptoCarmen on September 15, 2014, 07:39:40 PM
BTC grow plenty in last 4 years, is time for stabilization.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: BrianM on September 15, 2014, 07:41:31 PM
I don't belive that shit. I read some kinda cleaver guy saying shit about that for BTC = 1 mil $ then would the whole world need to use BTC. Beside in some places in afrika they dont have computers, so they cannot use btc. so therefor no one mil for btc.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: trizma on September 15, 2014, 08:17:28 PM
I don't belive that shit. I read some kinda cleaver guy saying shit about that for BTC = 1 mil $ then would the whole world need to use BTC. Beside in some places in afrika they dont have computers, so they cannot use btc. so therefor no one mil for btc.

not a must to have a computer ,  phones will be used.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: instacalm on September 15, 2014, 09:21:08 PM
In the year 2014, 1 Bitcoin will be worth approximately $455
In the year 2015, 1 Bitcoin will be worth approximately $62
In the year 2016, 1 Bitcoin will be worth approximately $5,20
In the year 2017, 1 Bitcoin will be worth approximately $2,80
In the year 2018, 1 Bitcoin will be worth approximately $1,20
In the year 2019, 1 Bitcoin will be worth approximately $0,67
In the year 2020, 1 Bitcoin will be worth approximately $0,23

The above numbers are more realistic than those in the original post imho


Title: Re: A Glimpse into the Future of Bitcoin
Post by: Chef Ramsay on September 15, 2014, 09:36:42 PM
In the year 2014, 1 Bitcoin will be worth approximately $455
In the year 2015, 1 Bitcoin will be worth approximately $62
In the year 2016, 1 Bitcoin will be worth approximately $5,20
In the year 2017, 1 Bitcoin will be worth approximately $2,80
In the year 2018, 1 Bitcoin will be worth approximately $1,20
In the year 2019, 1 Bitcoin will be worth approximately $0,67
In the year 2020, 1 Bitcoin will be worth approximately $0,23

The above numbers are more realistic than those in the original post imho
Good one!! And very bullish too. ;D


Title: Re: A Glimpse into the Future of Bitcoin
Post by: exocytosis on September 15, 2014, 11:07:47 PM
Bitcoin value will never again be as high as $500.

The trend is clear. It's only down from here, with a few dead cat bounces along the way.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: Wilhelm on September 16, 2014, 12:17:29 AM
I'm HODLing until 2047 8)


Title: Re: A Glimpse into the Future of Bitcoin
Post by: antibitcoinconsortium on September 16, 2014, 12:55:01 AM
here is a correct version for you

In the year 2014, 1 Bitcoin will be worth approximately $230
In the year 2015, 1 Bitcoin will be worth approximately $60
In the year 2016, 1 Bitcoin will be worth approximately $5
In the year 2017, 1 Bitcoin will be worth approximately $1
In the year 2018, 1 Bitcoin will be worth approximately $0
In the year 2019, 1 Bitcoin will be worth approximately $0
In the year 2020, 1 Bitcoin will be worth approximately $0


Title: Re: A Glimpse into the Future of Bitcoin
Post by: CryptoCarmen on September 16, 2014, 10:10:29 AM
here is a correct version for you

In the year 2014, 1 Bitcoin will be worth approximately $230
In the year 2015, 1 Bitcoin will be worth approximately $60
In the year 2016, 1 Bitcoin will be worth approximately $5
In the year 2017, 1 Bitcoin will be worth approximately $1
In the year 2018, 1 Bitcoin will be worth approximately $0
In the year 2019, 1 Bitcoin will be worth approximately $0
In the year 2020, 1 Bitcoin will be worth approximately $0

In the year 2014, 1 Bitcoin will be worth approximately $455
In the year 2015, 1 Bitcoin will be worth approximately $62
In the year 2016, 1 Bitcoin will be worth approximately $5,20
In the year 2017, 1 Bitcoin will be worth approximately $2,80
In the year 2018, 1 Bitcoin will be worth approximately $1,20
In the year 2019, 1 Bitcoin will be worth approximately $0,67
In the year 2020, 1 Bitcoin will be worth approximately $0,23

The above numbers are more realistic than those in the original post imho
Good one!! And very bullish too. ;D


I think both specially first are not possible. I believe it will stabilize at around $200-300, with few % inflation then.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: BrianM on September 16, 2014, 11:10:34 AM
here is my prediction:

In the year 2014, 1 Bitcoin will be worth approximately $450
In the year 2015, 1 Bitcoin will be worth approximately $999
In the year 2016, 1 Bitcoin will be worth approximately $230.2
In the year 2017, 1 Bitcoin will be worth approximately $20
In the year 2018, 1 Bitcoin will be worth approximately $21000
In the year 2019, 1 Bitcoin will be worth approximately $40010.2
In the year 2020, 1 Bitcoin will be worth approximately $10000


Title: Re: A Glimpse into the Future of Bitcoin
Post by: Wilhelm on September 16, 2014, 12:26:21 PM
Thank me if it comes true  ;D

In the year 2014, 1 Bitcoin will be worth approximately $10k
In the year 2015, 1 Bitcoin will be worth approximately $100k
In the year 2016, 1 Bitcoin will be worth approximately $1M
In the year 2017, 1 Bitcoin will be worth approximately $10M
In the year 2018, 1 Bitcoin will be worth approximately $100M
In the year 2019, 1 Bitcoin will be worth approximately $1B
In the year 2020, 1 Bitcoin will be worth approximately $10B


Title: Re: A Glimpse into the Future of Bitcoin
Post by: trizma on September 16, 2014, 04:52:54 PM
Thank me if it comes true  ;D

In the year 2014, 1 Bitcoin will be worth approximately $10k
In the year 2015, 1 Bitcoin will be worth approximately $100k
In the year 2016, 1 Bitcoin will be worth approximately $1M
In the year 2017, 1 Bitcoin will be worth approximately $10M
In the year 2018, 1 Bitcoin will be worth approximately $100M
In the year 2019, 1 Bitcoin will be worth approximately $1B
In the year 2020, 1 Bitcoin will be worth approximately $10B


anything is possible ;D


Title: Re: A Glimpse into the Future of Bitcoin
Post by: Paashaas on September 16, 2014, 05:13:53 PM
If only a shameless 1% of the off-shore money moves into Bitcoin, will make 1 coin worth much higher than $1.000.000.

It isnt needed for a world-wide adoption to make that prices.

There are many markets out there, think big.


Title: Re: A Glimpse into the Future of Bitcoin
Post by: DieJohnny on September 17, 2014, 04:43:05 PM
I'm sorry but those predictions are based on nothing. There are 21,000,000 bitcoins. With those predicitions the total bitcoin value in 2035 will be $ 21,000,000,000,000,000. I hope you understand how ridiculous that sounds......

Preserving your statement for history. Saying the dollar won't be worthless in 20 years is the same broken paradigm logic of every Fiat holder EVER.



Title: Re: A Glimpse into the Future of Bitcoin
Post by: EricTyle on September 18, 2014, 04:42:14 PM
I'm sorry but those predictions are based on nothing. There are 21,000,000 bitcoins. With those predicitions the total bitcoin value in 2035 will be $ 21,000,000,000,000,000. I hope you understand how ridiculous that sounds......

Preserving your statement for history. Saying the dollar won't be worthless in 20 years is the same broken paradigm logic of every Fiat holder EVER.



The thing is that if every bitcoin was one billion, then fiat would be worthless. Just paper. And let's be realistic, fiat has overstayed its welcome.