Bitcoin Forum

$35
Temporarily going under $100 is possible, but going under $50 doesn't seem too likely.
 
$3,500?
A juicy target for the next big high is ~$3,400 to $4,000, but getting over $3,000 will be a stretch.

How about both?
Given the history of extremes with BTC prices, it is possible we will see both $35 and $3,500 within ~36 to 48 months.
The future will be amazing!

Which is more likely for Bitcoin prices within 24 months:
$35 or $3,500?

$3500

As you said going under $50 is very very unlikely, even $100 is very unlikely and if the price would go under $100 it wouldn't stay there for more than a couple minutes to an hour I think.

God bless your words! Anything around $1000 would be great for me :)

wouldnt it go down even more after some time after hitting 3k? i mean it went down really hard after hitting 1 k

Well 35$ is obviously more likely than the othjer option. But I don;t think either is likely to happen.

If it would go down after hitting 3k, it's very likely the price will correct itself as we saw after $32, $266 and $1163.

So if you time it right and if this would happen you could make a lot of profit from where we are now to 3k to ~500-600 or whatever prices we will see in the future.

OR adoption could explode and demand will completely eat away the asks after or before the next halving and everything that will happen in 2015-2016 (ETF first?)

$35 will be broken in the 3rd crash wave from here, time frame is 2-6 months.

 :D

You are hilarious.

For real though, you are on ignore

If it goes to under $100 I think the miners will be in big trouble. $3,500 is too farfetched without some massive mass adoption. We'd be lucky to get over 1k again. though I think half of that is reasonable.

I think that would be nice. I wouldn't mind seeing all the mega-miners drop out due to an inability to cover the cost of electricity and equipment.

Neither 35$ nor 3500$  ::)

That's right!
Golden middle 8)

bulltard is a moron

I think it won't even go below $100 to be honest as people will throw in so much fiat money to buy around that price level. At least I would.

That doesn't mean we won't test new lows, but all this is just speculation.

Let the Bitcoin price first go through the $1000 level before speculating about +$3000.

Five years in a "tight" 5x range, most of which has been traveled several times before?
The chance of that is near 0%, imo.

I would love both, but I think $35 is unlikely.

i think both $35 and $3500 is unlikely going to happen. IMO the price would go in the range of $100-400

I'm sure everyone would like having 3500$, and I think its more probable than 35$, but I'm sure we will be high or low in 24 months, I'm nervous to see the answer.

Its 3300$ to rreach the larger target, and only 200$ to reach 35$. No one will let it drop that low, as they will put in large buy orders at 100, and can't even go hiogh as people will dump big at 1000.
So its going to stay in the range of 100-150$ of what it is now.

In 24 month $10000 because top of 4th bubble.

Back to 3500 in 48 months.

it looks like you are a early bitcoiners,i think you are not kidding

And after the 4th bubble there will be the 5th bubble right? And after that the 6th bubble right? It will keep going in bubbles forever right?

When we are at one trillion we can't stop because hey! In 2011 price recovered.


mmh...

I like your range of action, very realistic. 35 could happen in a super crash, I dont see it happening, 3500 is more likely, old money is gonna start dropping by after the NYSE and NASDAQ exchanges kick in.

going to 35$ is more likely due to the following reason.

1) $230 is 6.6 times of $35.
2) $3500 is 15 times of $230.

So yeah, we are seeing 35$ first.

Maybe we will see both. Down to 35$ then rebound all the way up due to buying pressure.

If it ever dips below $100, that won't be long because at that price, bitcoin is just too cheap to pass on the chance to grab it. And seeing how things have changed so fast in such a short period of time, going back to $1000 is not something impossible. I would like to keep it realistic so $1000 seems an ideal level to aim for.

if the trading contiues like same, price will be in $150 - $225 in 48 months.

May be $600-$700 in next 48 months and that too seems a bit optimistic.

I would sign that right now!

neither, we will stay in 100-500 range, but i do expect a boom this year, dunno when, not as a big as 3500 boom although

Really?  Only a 3x increase within the next 4 years?  That must win for the most bearish prediction evar, right up there with "it's going to zero".

I predict worst case possible that we'll be back to $500+ or so no later than end of this year, a 200% increase.  That's if absolutely NOTHING spectacular happens.  And it would still spank 90% of the stock investments out there.

i think it will stay between 100-300 this year. 3500 is faaaaaaaaaar away.

I'd say $35 is way more likely than $3,500.

For kicks, I applied some lognormal distributions to a multinomial tree on a "generic stock" and looked to see neutral chances (while accounting for a marginal 8% gain per annum) of reaching either price over the next five years. Let's just say if I were a betting man, I'd stick with my first sentence.

[As a caveat, from the $100 point in September 2013, the same distributions said that $10 was much more likely than $1000 in five years, and we know what happened there...]

Btc will go to the moon.
Until then make it work for you.
Like for example investing it in Bitfinex to provide liquidity and get nice return.
Also try to trade on btc-e
Daily profit in btc is good because it adds up.
Even if you make few percent profit a week it all adds up!

What has more chances to give you great gains in 24 months, holding fiat, or holding btc?

3500

Look at the hash rate, it has been growing exponentially, and now it has turned to a halt basically.

Bitcoins price HAS to grow, or else it will collapse into nothing.

I think 1000$ is possible in 24 months no more
I plan on just hoarding mine and waiting to see where the market goes.

I think $35 is much more likely unless some big news comes out.

It might ruin the surprise but one day I just want to fast forward to see where bitcoin will be, the current price is way too boring and just slowly falling, we want to see some action!

at $3500 per coin the price will be much less volatile than now. you will dream of a 5% change in 1 day lol
so everyone will use leverage

probably much more likely to hit $35, maybe not for long, but it seems we're still headed down. recovery & fallout from gox fraud still happening...not to mention if another of the sketchier exchanges go down (btc-e)

24 months -I would say $3500.
I expect a big bull run after the next block reward halving.

We are NOT the wealthy elite gentlemen, sorry.



$3500 in 2020... MAYBE.... but I doubt it because nothing good w/ money happens to me

In my opinion it will be somewhere in the middle ;-)

Personally I have a sneaking suspicion that if BTC price drops below $150 for any length of time it will only be a matter of time before BTC experiences it's next 'fork' ultimately threatening to drive the price to $0

Don't see $3,500 happening anytime soon either even with the most bullish of news but all it would take to make this happen is an Argentina or Greece dumping a vast majority of their depreciating currency into the bitcoin ecosystem for this to change overnight.  Euro BTC pump anyone? :-p