Bitcoin Forum

As the title states, share your beliefs!

Personally:

1 month - Same as now (price wise, no major adoption taking place)

1 year - Price is 'steady' at 2k, adoption by a few chains online and fewer locally.

5 years - Price is still at 2k, adoption is close to peaking, with most retailers accepting it online and some locally.

1 month - $320 - $650

1 year - $1500 - $6000

5 years - $25k - $50k

Any reasons or theoretical future figures that led you to believe in those numbers?

OP, note that "adoption" is not simply merchant acceptance. That may be the trend right now, because bitcoin is currently a superior global payment network, but that won't be the primary value long-run. Eventually, fiat-payment systems will catch up. Then it will be more obvious to people that bitcoin's core value is in a confiscation-resistant, limited-supply, complete-monetary-information, open, permissionless currency and asset-class.

So "adoption" can better be thought of as some combination of number of holders and market-cap. Merchant adoption currently helps both, but will stagnate eventually, at which point the above considerations rightfully becomes dominant.

This prediction would be awesome.

Could be realistic in my opinion.

Really hope you're close with those predictions.

1 month : 500
1 year : 5 000
5 years : 25 000

1 month          = 520 usd
2 years (2016) = 2.000 usd 
5 years (2019) = 2.500 usd each

1 month          = 520 usd
2 years (2016) = 700USD
5 years (2019) = 1000USD 'steady price

reason? bitcoin is great , i think it will go rise  step by step and finally become Universal equivalent

I wouldn't mind a 1000USD price as long as it is stable and adoption increases continuously!

If it takes 5 years to ever hope to stratch ATH again, it means we lost the boat and we'll never be rich (or we will be too old to enjoy the wealth). Maybe even it would mean the adoption is way too slow for BTC to become something that normal people is going to care about. Let's hope this is not the case. In any case, if you don't own at least 300 BTC now you'll never retire from BTC which is what everyone wants secretly, so im already kinda meh about Bitcoin. If I can't retire off it, it's pointless.

That is NOT the attitude. No one should care if bitcoin will make you "rich". Its about forming a new currency. I dont see anyone else investing in the pound and saying "if in 5 years I can't retire from a $10,000 investment" it's worthless..

Its a currency, an asset. Not a money making, get rich quick scheme.


Is price the only thing that determines bitcoin's success for you?! Well, it shouldn't be.. Go read the Satoshi whitepaper please and learn about the advantages and impacts bitcoin has had/can have.

Very nice prediction, but I will not be so oiptimistic.
Even if Bitcoin price will reach 520 usd by the end o0f this year, this will be good.
It seems today we have more sellers than buyewrs of Bitcoin.
Real, ''big'' changes will begin when big merchants  accept Bitcoin as payment option, not before.
I hope this will happen in 2 or maximum 5 years.

1 month - $100 - 200

1 year - $10 - $15

5 years - $0

Well thats pessimistic! Are you suggesting litecoin will boom?

Its the other way around: More innovation in the bitcoin ecosystem wil encourage a higher market cap. Just like price affects demand. Demand (in a the ideal economic/free market model) does not affect price.

1 month - 450 - 800 - AVG Price = 650
1 Year - 500- 10000 - AVG Price = 4,000
5 Years - 4000-1,000,000 - AVG Price = 200,000+

Numbers are based on me just being overly optimistic + research from several other models two come to mind: / https://bitcointalk.org/index.php?topic=366214.0 / https://bitcointalk.org/index.php?topic=694401.0

1 month: $350
1 year:  $1500
5 years: $8000

1 month = 500 $
6 mos (Q1 2015) = 750 - 1,250 $    
1 year (Q3 2015) = 1,500 - $2,500 $
2 years (2016) = 3,000- 5,000 $
5 years (2019) = 6,000 - 12,000 $
10 years (2026) = 25,000 - 100,000 $
15 years (2031) = $ 500,000 +
20 years (2036) = ∞ (fiat scrip no longer exists)
40 years (2056) = ∅ (capitalism no longer exists)

Source: I'm really smart.

1 month = $300 - $500

1 Year = $2000+

5 Year = $25000+

The price is always decided by daily coin supply and daily fiat money inflow. The daily coin supply can be calculated at about several thousand coins (see my signature), but daily fiat money inflow is unknown

Long term wise, the daily coin supply will eventually stabilize at certain level, but you need continuously increased fiat money inflow to get a higher and higher exchange rate. The question is: What is the ultimate reason that daily fiat money inflow increases year over year?

I can think of 3 reason:

1. Current fiat money system must exponentially increase money supply, otherwise the debt can not be repaid, so each year more and more fiat money are available to purchase bitcoin

2. New people get more confident in using bitcoin and the user base increases year over year, this will last at least several years, maybe one decade

3. Same people put more and more fiat money into bitcoin, this will last until they reach their pre-defined harvest time, 2-20 years later

1 Month (500-600)

1 Year Depending on the speed we come out of the selling pressure curve caused by merchant adoption
Either (700 or 3250)

5 Years Adoption and selling have balanced out at this point in time we have a good stable network of flows and ebbs
So around 3000 stable to 10,000

1 Month: $ 600

1 Year: $15,000

5 year: $700,000

1 Month: $ 500

1 Year: $10,000

5 year: $100,000

1 month: $575

1 year: $4250

5 years: $ 66,666.66

1 month = 300-400 $
1 year = 1,300 - $2,000 $
2 years = 7,000- 9,000 $
3 years = 30,000- 50,000 $
5 years = 300,000 - 600,000 $
30 years =  (price is irrelevant , fiat becomes minor part of world economy)
60-80 years  =  (FIAT no longer exists)

:D LOL!!!

But I do agree with this :)

1 month - $200-$350 (downtrend continues, even though dead cat bounce/fake rally not impossible)

1 year - $10-$100 (party is coming to an end, people are realizing bitcoin is nothing but a speculation vehicle, that it won't make it as a next big thing, that they won't get rich, even speculators are getting out before final capitulation)

5 years - sub $10 (only fanatics, criminals and die hard cultists remain)

1 month: 290 - 620
1 year: 600 - 9,800
5 years: 90 - 100,000

I'd be satisfied with a the median  in 5 years ;)

All i can see is a tombstone with BTC initials while a japanese dog is pissing on it.
Could anyone decipher this dream i had?

1 month: $340.

1 year: $25.

5 years: $0.05.

I am wondering what you think will replace capitalism?  The alternatives are rather terrifying.

1- month $100-300

1-year 5000. (At the halving in 2016)

5-years 200,000

1 month - No major changes, but price down to $300

1 year - Possibly major adoption with price of around $5,000. Otherwise, continued hype cycles and selloffs between $100-$800

5 years - Bitcoin has been replaced. Price <$10



Heh, we think alike! I dont think it will break below $100 significantly within a year though.

Seems everyone agrees. In 10 years it will be worth a fortune or next to nothing.  The question is which?

One month: $350-450
One year: >$600
After GFC II explodes on the scene: 3-5% of 'global GDP'

Mark (IndiaMikeZulu), Australia