Bitcoin Forum

Economy => Speculation => Topic started by: Patel on July 29, 2014, 03:13:23 AM



Title: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Patel on July 29, 2014, 03:13:23 AM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Bitcopia on July 29, 2014, 03:27:48 AM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.

Yes. Network Effect of a distributed system that the world has been waiting for.

Between $1,000 and $1,000,000. $50,000 as my crystal ball guess for 1 BTC in July 2019.

Yep.

The upside potential greatly outweighs the failure possibility which is becoming less likely every day.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: WillyBTC on July 29, 2014, 05:00:22 AM
One. Mirrion. Dollars.

I could see it sub-100. I could see it where we are now. I could see five figures, or even six. My bet is on the latter two, but I'm trying to remain open and realistic.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Bobsurplus on July 29, 2014, 05:05:28 AM
$216,125 on 28/07/2019 @11:30 PM. Any time zone!


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: spiderbrain on July 29, 2014, 05:20:52 AM
50% chance $100k. 50% chance $0. great odds.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: InwardContour on July 29, 2014, 05:29:21 AM
There are much more probability for bitcoin to be over 10000$ than to be 0$ in my opinion,
the risk in this type of investment is big but the huge hypothetical gain is worth it.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: FeodoroAndy on July 29, 2014, 05:32:25 AM
It will sure be with us strong and healthy in 2019. Value ? It can vary between 5000$ and 200000$.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Justine on July 29, 2014, 06:04:27 AM
Very optimistic view from some people here.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: WillyBTC on July 29, 2014, 06:38:08 AM
There are much more probability for bitcoin to be over 10000$ than to be 0$ in my opinion,
the risk in this type of investment is big but the huge hypothetical gain is worth it.

That's the risk -- upside possibilities are sky high. Downside is limited. But that doesn't mean there is a higher probability for bitcoin to be $100k than $0. I'd probably give similar odds.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Qoheleth on July 29, 2014, 06:47:33 AM
I would be willing to stake quite a bit on the supposition that it will still exist, that blocks will still be coming at about 10 minutes between, and that the price will be above $2/coin. I consider those to be safe suppositions, since the only danger I can see there is if someone was able to partial preimage attack 2SHA256, preimage attack RIPEMD-160, or break our ECDSA curve. Even a miner revolt - often called out as a doomsday scenario - seems unlikely to me to push the price back below $2/coin, taking into account the state of the BTC economy the last time we were at that price compared to the infrastructure in place today.

More than that, I can't say. A lot can happen technologically in five years.

I'd not buy any now for five-year layaway, but that's mostly due to issues of variance comparing poorly to the size of a minimal useful bet. I've got my stash of old money; that's enough for me right now.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: WillyBTC on July 29, 2014, 08:41:07 AM
I would be willing to stake quite a bit on the supposition that it will still exist, that blocks will still be coming at about 10 minutes between, and that the price will be above $2/coin. I consider those to be safe suppositions, since the only danger I can see there is if someone was able to partial preimage attack 2SHA256, preimage attack RIPEMD-160, or break our ECDSA curve. Even a miner revolt - often called out as a doomsday scenario - seems unlikely to me to push the price back below $2/coin, taking into account the state of the BTC economy the last time we were at that price compared to the infrastructure in place today.

More than that, I can't say. A lot can happen technologically in five years.

I'd not buy any now for five-year layaway, but that's mostly due to issues of variance comparing poorly to the size of a minimal useful bet. I've got my stash of old money; that's enough for me right now.

But why would it stop at $2/coin? Seems to me that anything so catastrophic would probably just take it down to $0, make it worthless entirely. But maybe I am approaching this wrong.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: ensurance982 on July 29, 2014, 09:32:10 AM
It will! Ummm, I guess it'll be at about $32'000 USD. Mark my words!


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: OsNaP on July 29, 2014, 10:37:13 AM
When there will be quantum computers in general, 0!


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Brewins on July 29, 2014, 11:43:26 AM
No way to know, depends if the bitcoin price manages to be above the costs to mine them.

If bitcoin going to survive, price must be at least 4x600 = 2400, the price to generate one after two halvings.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: giveBTCpls on July 29, 2014, 11:54:25 AM
I'll say it again: The day Paypal accepts Bitcoin's existance the disruption in the market will be insane to proportions never even imagined before. Imagine ebay with big "Bitcoin Accepted" buttons every fucking where. Exactly, lots of 0's.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: spazzdla on July 29, 2014, 03:05:41 PM
Only a fool would think BTC will go away.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: ensurance982 on July 29, 2014, 03:28:44 PM
I can assure you it will be high! Trust me!


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: FreedomCoin on July 29, 2014, 03:31:10 PM
I would be willing to stake quite a bit on the supposition that it will still exist, that blocks will still be coming at about 10 minutes between, and that the price will be above $2/coin. I consider those to be safe suppositions, since the only danger I can see there is if someone was able to partial preimage attack 2SHA256, preimage attack RIPEMD-160, or break our ECDSA curve. Even a miner revolt - often called out as a doomsday scenario - seems unlikely to me to push the price back below $2/coin, taking into account the state of the BTC economy the last time we were at that price compared to the infrastructure in place today.

More than that, I can't say. A lot can happen technologically in five years.

I'd not buy any now for five-year layaway, but that's mostly due to issues of variance comparing poorly to the size of a minimal useful bet. I've got my stash of old money; that's enough for me right now.

But why would it stop at $2/coin? Seems to me that anything so catastrophic would probably just take it down to $0, make it worthless entirely. But maybe I am approaching this wrong.

SHA and PKI would have to be broken IMO.. and if that happens we have WAY bigger problems on our hands than some emunie.

I say yes it will be around... maybe based on a new currency.. like a global rate tied to some other metric that is not fiat.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: xDan on July 29, 2014, 06:10:21 PM
Yeah.

Actually, even if a "better" cryptocurrency comes along, I still see Bitcoin as being the gold standard and the go to store of digital wealth. It will forever remain the most battle tested, which means an awful lot.

Value? $5K - $1mil. Who knows.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: An amorous cow-herder on July 29, 2014, 06:32:29 PM
Will it still be there?
Most likely.

What will it be worth?
Far too much can happen in 5 years to guess that.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Kupsi on July 29, 2014, 06:44:19 PM
$200,000+


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: BitchicksHusband on July 29, 2014, 07:48:58 PM
Do you think Bitcoin will be around in 5 years?

Yes

If so, how much do you think it's value will be?

$50,000-$100,000

Would you buy some now, if you couldn't use it for 5 years?

Yes



Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Benjig on July 29, 2014, 08:28:40 PM
Do you think Bitcoin will be around in 5 years?

Yes

If so, how much do you think it's value will be?

$50,000-$100,000

Would you buy some now, if you couldn't use it for 5 years?

Yes



I think in five years this is even a conservative estimate hehe, if current trend continues, it can be higher.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: ThatDGuy on July 29, 2014, 08:39:15 PM
Do you think Bitcoin will be around in 5 years?

Yes

If so, how much do you think it's value will be?

$50,000-$100,000

Would you buy some now, if you couldn't use it for 5 years?

Yes



Agreed on all of these, with a small exception to the ceiling on the value.  I've been way too low on "realistic" medium-term gains for BTC throughout its history until now.  If BTC is still around in 2019, 6 figures seems like a valid possibility - going above that $100k potentially.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: peter378 on July 29, 2014, 10:13:17 PM
I was looking at all the shit coins at the bottom of coinmarketcap and wondering if bitcoin will ever go the same way. Will new coins ever take bitcoin's place and push it lower and lower down the capitalization chart?


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: DjPxH on July 29, 2014, 10:35:56 PM
I was looking at all the shit coins at the bottom of coinmarketcap and wondering if bitcoin will ever go the same way. Will new coins ever take bitcoin's place and push it lower and lower down the capitalization chart?

Nah, I'd be really puzzled if some coin ever throws bitcoin off of the first place. It's a pure question about adoption and exposure. And Bitcoin is leading by degrees of  magnitudes. Side chains may incorporate other coins, though.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Patel on July 30, 2014, 01:35:52 AM
Interesting thoughts, keep em coming.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: mkc on July 30, 2014, 07:48:34 AM
binary, either p big or fade away to nothing


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: arbitrage001 on July 30, 2014, 11:33:54 AM
10M USD per coin. And a slice of bread would be around 500k usd.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: ensurance982 on July 30, 2014, 12:01:15 PM
I would be willing to stake quite a bit on the supposition that it will still exist, that blocks will still be coming at about 10 minutes between, and that the price will be above $2/coin. I consider those to be safe suppositions, since the only danger I can see there is if someone was able to partial preimage attack 2SHA256, preimage attack RIPEMD-160, or break our ECDSA curve. Even a miner revolt - often called out as a doomsday scenario - seems unlikely to me to push the price back below $2/coin, taking into account the state of the BTC economy the last time we were at that price compared to the infrastructure in place today.

More than that, I can't say. A lot can happen technologically in five years.

I'd not buy any now for five-year layaway, but that's mostly due to issues of variance comparing poorly to the size of a minimal useful bet. I've got my stash of old money; that's enough for me right now.

But why would it stop at $2/coin? Seems to me that anything so catastrophic would probably just take it down to $0, make it worthless entirely. But maybe I am approaching this wrong.

Are you the Mt. Gox Willy-bot? Could you maybe take care that this bubble we've been promised starts showing soon, please?


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: InwardContour on July 30, 2014, 12:29:22 PM
I was looking at all the shit coins at the bottom of coinmarketcap and wondering if bitcoin will ever go the same way. Will new coins ever take bitcoin's place and push it lower and lower down the capitalization chart?

Nah, I'd be really puzzled if some coin ever throws bitcoin off of the first place. It's a pure question about adoption and exposure. And Bitcoin is leading by degrees of  magnitudes. Side chains may incorporate other coins, though.

I don't think bitcoin will be replaced by an altcoin in the future simply because its developement is not completed.
It could still be modified to fix or add any characteristic in order to let it stay in the first place among all the cryptocoins.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Qoheleth on August 01, 2014, 09:53:03 AM
But why would it stop at $2/coin? Seems to me that anything so catastrophic would probably just take it down to $0, make it worthless entirely. But maybe I am approaching this wrong.
Basically my contention is that there is a subset of the current user population which would stick around for various (ideological or speculative or practical) reasons even if a high-profile double-spend were to occur, and that that subset is >= the number of true believers at the end of 2011 (when we were at the nadir of the post-bubble bear market and there was every reason to believe that the bitcoin experiment was just a flash in the pan). Since the price was unable to push below the $2/coin pricepoint at that time, my thought goes that it would not be able to push below that point in this hypothetical future scenario either.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: bitsmichel on August 01, 2014, 10:09:25 AM
Do you think Bitcoin will be around in 5 years?

Yes

If so, how much do you think it's value will be?

$50,000-$100,000

Would you buy some now, if you couldn't use it for 5 years?

Yes



Agreed on all of these, with a small exception to the ceiling on the value.  I've been way too low on "realistic" medium-term gains for BTC throughout its history until now.  If BTC is still around in 2019, 6 figures seems like a valid possibility - going above that $100k potentially.

I'm sure bitcoin will be around in 5 years, I do not think the bitcoin business will simply stop :) . I think we're still early adaptors, there are still many people I speak to who have never heard of bitcoin. For this reason, the marketprice $50,000-$100,000 does not seem unreasonable.
 


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Febo on August 02, 2014, 02:06:02 PM
Probably about as it is now.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Bit_Happy on August 02, 2014, 02:08:11 PM
Will Bitcoin be around in 5 years?
Yes
If so, what's its price?
Over $80,000 each  :)


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: vuduchyld on August 02, 2014, 02:23:08 PM
Subject to change of course, and I realize many will disagree, but right now my long term price estimate is $2341, based on M2 calculations and my subjective take on utilization and velocity. I think most analysts that I have read overstate velocity massively by including mining transactions in velocity calculations.

With my current cost average, that means I am hoping for about a 5x total return. Not sure how long it will take, but I am guessing  between 5 and 7 years. So for me, bitcoin is not likely to represent life-changing money, but just another long-term investment with a great ROI.

That said, there is certainly potential both to the upside and downside of my current estimate (read: guess). I am wide open to new information.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: bucktotal on August 02, 2014, 02:27:48 PM
exponential growth trend line points to ~15 million USD

o.0  ;D


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Bogleg on August 02, 2014, 03:32:29 PM
exponential growth trend line points to ~15 million USD

o.0  ;D

Even if that becomes true, I will cash out long before it reaches 15M and never look back.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Bit_Happy on August 02, 2014, 04:05:03 PM
exponential growth trend line points to ~15 million USD

o.0  ;D

Even if that becomes true, I will cash out long before it reaches 15M and never look back.

Always save at least 1 Bitcoin until we get over $14,000,000  ;D


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: mr angry on August 02, 2014, 05:22:13 PM
Subject to change of course, and I realize many will disagree, but right now my long term price estimate is $2341, based on M2 calculations and my subjective take on utilization and velocity. I think most analysts that I have read overstate velocity massively by including mining transactions in velocity calculations.

With my current cost average, that means I am hoping for about a 5x total return. Not sure how long it will take, but I am guessing  between 5 and 7 years. So for me, bitcoin is not likely to represent life-changing money, but just another long-term investment with a great ROI.

That said, there is certainly potential both to the upside and downside of my current estimate (read: guess). I am wide open to new information.

What are M2 calculations and would they have accurately have predicted today's price if they were used three years ago?


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: soccosocco on August 02, 2014, 05:25:27 PM
Will Bitcoin be around in 5 years?
Yes of course  :)
If so, what's its price?
hmm, maybe Over $60,000 each


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: vuduchyld on August 02, 2014, 07:08:44 PM
Subject to change of course, and I realize many will disagree, but right now my long term price estimate is $2341, based on M2 calculations and my subjective take on utilization and velocity. I think most analysts that I have read overstate velocity massively by including mining transactions in velocity calculations.

With my current cost average, that means I am hoping for about a 5x total return. Not sure how long it will take, but I am guessing  between 5 and 7 years. So for me, bitcoin is not likely to represent life-changing money, but just another long-term investment with a great ROI.

That said, there is certainly potential both to the upside and downside of my current estimate (read: guess). I am wide open to new information.

What are M2 calculations and would they have accurately have predicted today's price if they were used three years ago?

M2 is a measure of the supply of money.  M1 measures the most liquid supply of money--basically physical money and demand deposits.  M2 is a slightly more broad measurement of the money supply that would include examples of money being used as a store of value, for example, in a money market fund.  M3 is even more broad, still, and accounts for other assets that bitcoin doesn't represent well.  Personally, I think bitcoin compares most favorably to the M2 money supply measurement.  I'm not certain of this, but I think m2 is usually 4-5x M1 at any given time.

You may have seen this article:  http://honestnode.com/bitcoin-fair-value-a-first-assessment/

I think it's pretty good, but I don't agree that all of the different items he brings up should be additive.  I think they are mostly components of the global M2.  I also think his velocity calculation probably includes mining transactions.  I thought he treated the whole m2 of some random country a little carelessly, but again, I think his thought processes were mostly in line with the way I was trying to track value and growth. 

The last time I ran the numbers, I performed a similar exercise to what the author of the article did.  After making a bunch of guesses and assumptions (I'm used to doing that because I'm a CVA--Certified Valuation Analyst, which is very microeconomic, not macroeconomic...I value small businesses.  That DOES NOT make me an expert in this kind of macro valuation!!!) I came up with a percentage of the M2 that I thought bitcoin could likely command in the next 5 years.  That number, divided by the number of coins that would be mined at the time I was forecasting, was $2341.

I can't stress enough that I am definitely not an expert.  I could be very, very wrong.  I do have an MBA and my CVA, but I honestly don't know how much that helps for something like this.

So would I have made appropriate calculations three years ago?  It's hard to say, because a lot of the work is pretty subjective.  Would I have been able to guess reasonably well about the adoption rates, the businesses who are using it, the pending ETF?  And if I had, would I have accurately converted that to bitcoin's current share of M2?  Maybe not.  But with every year of maturity, those predictions get a little easier to make.  But I'm open to being wrong.   

There are plenty of people who have made 100x or 200x return on bitcoin...or more.  Last time I calculated my cost average, it was $476.  I have bought more in the last 10 days on the dips, so my cost average is up, but I'll have to refigure again to know how much.  My opinion is that I was too late of an adopter to make ridiculous gains.  I missed out, obviously, on huge potential gains.  But I still think there is opportunity out there.  At 46, I'm probably older than most in this forum.  My financial path to a comfortable retirement is pretty much set.  So I'm only risking a small percentage of my net worth on bitcoin.  If I can get a 5x return, I'll be thrilled with that.  That is a HUGE investing success, contrary to what one might think.  Life-changing money doesn't happen to most of us. As information becomes more available, I may revise my opinion, buy more, hope for a better return, or even sell (although I don't see that anywhere NEAR the horizon right now...I'd almost rather HODL to zero, because even if I lose everything, this doesn't impact my personal plan).

As always, your mileage may vary.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: martinw79 on August 05, 2014, 02:05:43 AM
Yes.  $191k per coin @ 2019



Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Febo on August 05, 2014, 06:27:54 PM
I was looking at all the shit coins at the bottom of coinmarketcap and wondering if bitcoin will ever go the same way. Will new coins ever take bitcoin's place and push it lower and lower down the capitalization chart?

Nah, I'd be really puzzled if some coin ever throws bitcoin off of the first place. It's a pure question about adoption and exposure. And Bitcoin is leading by degrees of  magnitudes. Side chains may incorporate other coins, though.

I don't think bitcoin will be replaced by an altcoin in the future simply because its developement is not completed.
It could still be modified to fix or add any characteristic in order to let it stay in the first place among all the cryptocoins.

Is not about replaced. Bitcoin is not currently internet money as we all predict will be. I think one altcoin will become that. Bitcon will stay what t is now, some thinyg to store your wealth inside. like is Gold. Bitcoin needs much more inflation to become really net currency that people will love to spend and love to get salary in.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: devphp on August 05, 2014, 06:32:46 PM
Yes, it will be in the $2500-$5000 range.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: boraf on August 05, 2014, 06:33:33 PM
Lots of insane prediction here. The highest I hear from this sub forum is 5M per coin.

Why not make 1T per coin prediction?


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: dyland on August 05, 2014, 07:19:32 PM
Something in me says that if bitcoin becomes the pipeline for value in the world within five years, those with the thicker pipelines (more bitcoins) are going to be worth more. It's hard to estimate 5 years out, and I'm not even going to throw a number out there, but once you start seeing BTC prices on retail items in the grocery store, using the pipeline will be in very high demand.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Ektra on August 06, 2014, 04:04:53 AM
Subject to change of course, and I realize many will disagree, but right now my long term price estimate is $2341, based on M2 calculations and my subjective take on utilization and velocity. I think most analysts that I have read overstate velocity massively by including mining transactions in velocity calculations.

With my current cost average, that means I am hoping for about a 5x total return. Not sure how long it will take, but I am guessing  between 5 and 7 years. So for me, bitcoin is not likely to represent life-changing money, but just another long-term investment with a great ROI.

That said, there is certainly potential both to the upside and downside of my current estimate (read: guess). I am wide open to new information.

One relatively minor (by bitcoin standards) bubble with associated media coverage and your long term estimate will be easily surpassed and suddenly everyone will be contemplating 5 digits with seriousness. Of course, this is not guaranteed to happen, but I suspect if sufficient time passes without it happening, the all-or-nothing mentality of a lot of bitcoiners will tend to bring the price to the Nothing side of things, way before 5 years is up.

So while I support a sober valuation of BTC, honestly, if it fails to surpass a couple of grand in five years (that's as long as the entire lifetime of the blockchain so far!), bitcoin will be considered a failure, and far from reaching and staying at 2k, it will crumble to nothing.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Patel on February 17, 2015, 02:40:08 AM
Hmmm... question still remains.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: AtheistAKASaneBrain on February 17, 2015, 04:43:40 PM
3853.85958348


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: premium_domainer on February 17, 2015, 05:35:56 PM
The price will probably stay in the $210-250 range for the next 10-12 years

lol.

if demand is started then price will be increase... merchants number is increasing day by day, it will hit around $6k / BTC in 2019.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: anonyymi on February 17, 2015, 06:18:50 PM
My estimate Bitcoin will hit $600 this year. Maybe 2020 we can see finally five digit prices.

Winlevoss are putting up regulated marketplace Gemini and also a Bitcoin ETF (if they get good amount of investors, this will put the price of bitcoin to the moon).
When these start, there is no stopping of the price climbing.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Chef Ramsay on February 18, 2015, 01:10:57 AM
I can appreciate some peoples' guesses being extremely modest for the near term considering what happened last year and the start of this one but the Wink ETF is due before the end of the year and that alone will push us into the thousands, yes plural. The organic growth between now and then or whether the are whales running a new bull market w/ the absence of sellers sometime soon or on a regular basis for some time (purifying the market of sellers til the next big rally) things could already be on the move prior to the ETF going live.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: croato on February 18, 2015, 01:12:52 AM
Sure it will be around, it is hard to kill something decentralised lol. Price? Who knowes, my best guess is somwhere in $100-$100K range.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: fonzie on February 18, 2015, 01:13:09 AM
10-30$


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: neurotypical on February 18, 2015, 01:23:57 AM
10-30$
Oh cmon, dont ruin our optimism party. If Bitcoin is that low by then it means we survived WW4.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Bralex on February 18, 2015, 04:13:31 AM
See it could be anywhere between $1 and $1000 for some reason i just cannot see it going to these supid numbers some are saying lol people hardly want to buy them now why are they going to want to pay x amount of thousands? What am i missing  ???


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: bcoinbilly on February 18, 2015, 04:18:19 AM
 I predict it will have similar prices of that of Gold. Meaning it may reach an all time high of $2000 and no more. Even though bitcoin is not Gold, the markets will dictate as such with prices running within the same range as the precious metal.

The question is will the price not even matter and Bitcoin takes over as the official currency of the world  ;D


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Patel on March 07, 2015, 06:13:34 AM
I am thinking can't bitcoin coexist with the legacy financial system. Because it can either take it over, or it will fail. It's hard for me to see bitcoin value still high in 2019.

We have not seen any "here to stay" bitcoin companies besides coinbase, and maybe bitpay but I am skeptical about them.

All of these other companies that got media attention have not reached the point where you can see them around in 5 years. I expect 75% of them to go bust.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: cheekychap on March 07, 2015, 07:43:16 AM
I am thinking can't bitcoin coexist with the legacy financial system. Because it can either take it over, or it will fail. It's hard for me to see bitcoin value still high in 2019.

We have not seen any "here to stay" bitcoin companies besides coinbase, and maybe bitpay but I am skeptical about them.

All of these other companies that got media attention have not reached the point where you can see them around in 5 years. I expect 75% of them to go bust.

I doubt it will ever fail, looking at the advantages it has over the existing system. I feel they will coexist.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: dothebeats on March 07, 2015, 08:55:28 AM
Definitely yes. Bitcoin will probably be around in the next 5 years. In regards to the price, I can't assume an exact value because the markets are very hard to predict, so is the time frame that you've given. So yeah, it will be around.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: dothebeats on March 07, 2015, 08:59:23 AM
I am thinking can't bitcoin coexist with the legacy financial system. Because it can either take it over, or it will fail. It's hard for me to see bitcoin value still high in 2019.

We have not seen any "here to stay" bitcoin companies besides coinbase, and maybe bitpay but I am skeptical about them.

All of these other companies that got media attention have not reached the point where you can see them around in 5 years. I expect 75% of them to go bust.

I doubt it will ever fail, looking at the advantages it has over the existing system. I feel they will coexist.

But people have to adopt it for it to succeed. Unless that happens, it will havev a hard time succeeding.

5 years is a lot of time for adoption to happen. Slowly we will get there, but within 5 years? Maybe it will become widespread and more people will use it, and by then we can concur that we have a successful currency within our reach. ;)


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: mrkavasaki on March 07, 2015, 09:05:08 AM
do you guys think it is possible to go  $10k/btc by 2020?


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: dothebeats on March 07, 2015, 09:41:28 AM
do you guys think it is possible to go  $10k/btc by 2020?

Hmm hard to tell. At the current conditions of the market, it is hard to see a price of $500, but again, 5 years is a lot of time to speculate. We don't know whether we'll see a price of $10k or we'll have a valueless coin.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Denker on March 07, 2015, 10:29:57 AM
do you guys think it is possible to go  $10k/btc by 2020?

In almost 6 years of time so many things can happen. No one here can predict what the price will be in 2020.
Could be 10K, could be less, could be more.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: dothebeats on March 07, 2015, 11:06:48 AM
do you guys think it is possible to go  $10k/btc by 2020?

In almost 6 years of time so many things can happen. No one here can predict what the price will be in 2020.
Could be 10K, could be less, could be more.

True. Bitcoin is such a speculative asset. No one can predict what exactly will the price be 5 years from now.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Monetizer on March 07, 2015, 11:10:40 AM
do you guys think it is possible to go  $10k/btc by 2020?

In almost 6 years of time so many things can happen. No one here can predict what the price will be in 2020.
Could be 10K, could be less, could be more.

True. Bitcoin is such a speculative asset. No one can predict what exactly will the price be 5 years from now.

This may not be a good thing though as bitcoin was made to be spent not held and sold... I think the price will grow when we see more and more use for the coin. In my country I can just about buy anything now with bitcoin which I will be taking up soon using a bitcoin debit card.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: dothebeats on March 07, 2015, 12:31:56 PM
do you guys think it is possible to go  $10k/btc by 2020?

In almost 6 years of time so many things can happen. No one here can predict what the price will be in 2020.
Could be 10K, could be less, could be more.

True. Bitcoin is such a speculative asset. No one can predict what exactly will the price be 5 years from now.

This may not be a good thing though as bitcoin was made to be spent not held and sold... I think the price will grow when we see more and more use for the coin. In my country I can just about buy anything now with bitcoin which I will be taking up soon using a bitcoin debit card.

Yup definitely right. Bitcoin isn't designed to be an investment, it is designed to be used as a currency. But what's really happening is that most users treat bitcoin as an asset, thus going against what it was meant to be used as.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: okthen on March 07, 2015, 12:52:05 PM
I think if it's alive by 2019 it will have reached the 50000 mark.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: ajw7989 on March 07, 2015, 12:54:35 PM
Bitcoin will always be around but the question is how much will a coin be worth. It could go back to a few bucks or soar to thousands all depending on upcoming news


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Monetizer on March 07, 2015, 12:58:01 PM
do you guys think it is possible to go  $10k/btc by 2020?

In almost 6 years of time so many things can happen. No one here can predict what the price will be in 2020.
Could be 10K, could be less, could be more.

True. Bitcoin is such a speculative asset. No one can predict what exactly will the price be 5 years from now.

This may not be a good thing though as bitcoin was made to be spent not held and sold... I think the price will grow when we see more and more use for the coin. In my country I can just about buy anything now with bitcoin which I will be taking up soon using a bitcoin debit card.

Yup definitely right. Bitcoin isn't designed to be an investment, it is designed to be used as a currency. But what's really happening is that most users treat bitcoin as an asset, thus going against what it was meant to be used as.

I think this is a big problem with where we are at right now, if it continues like this it may be unlikely that bitcoin will become a widely used currency. We are at a point where we create the outcome IMO.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Amph on March 07, 2015, 01:04:56 PM
i'm undecided, but i think yes it will be still here, maybe side by side with a new type of currency?

and price obviously will be high, i would say 10k for sure, 100k would be too far stretched i think


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: dothebeats on March 07, 2015, 01:52:37 PM
do you guys think it is possible to go  $10k/btc by 2020?

In almost 6 years of time so many things can happen. No one here can predict what the price will be in 2020.
Could be 10K, could be less, could be more.

True. Bitcoin is such a speculative asset. No one can predict what exactly will the price be 5 years from now.

This may not be a good thing though as bitcoin was made to be spent not held and sold... I think the price will grow when we see more and more use for the coin. In my country I can just about buy anything now with bitcoin which I will be taking up soon using a bitcoin debit card.

Yup definitely right. Bitcoin isn't designed to be an investment, it is designed to be used as a currency. But what's really happening is that most users treat bitcoin as an asset, thus going against what it was meant to be used as.

I think this is a big problem with where we are at right now, if it continues like this it may be unlikely that bitcoin will become a widely used currency. We are at a point where we create the outcome IMO.

It's hard to change every users' mindset, and we cannot deny the fact that in the current times, we are still bound to some other currencies, and the norms of the society dictates that everything we need is in terms of those currencies. Bitcoin is valued and priced with those currencies, and the value fluctuates wildly--people tend to ride the wave upwards then trade bitcoin to those currencies, in this case, bitcoin isn't used as money and is used as an investment that gained value over time.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: manis on March 08, 2015, 07:02:09 AM
i'm undecided, but i think yes it will be still here, maybe side by side with a new type of currency?

and price obviously will be high, i would say 10k for sure, 100k would be too far stretched i think

$10k is good enough.
10 bitcoins would be more than a year's salary for most people.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: atlantic miner on March 10, 2015, 01:55:28 AM
10-30$

lol About 3 years ago they said the same about price and look were we are now!


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Monetizer on March 10, 2015, 02:26:37 AM
I guess I am like most people with the hopes that bitcoin will only grow. I can see it stabalizing around the $1000 mark in 5 years pretty easily. I think this should be a good goal for bitcoin in the coming years.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Berau on March 10, 2015, 08:06:52 AM
I would say definitely. I have faith in the system and it has been around for 6 years or so and the price of it has jumped so dramatically. I don't see why not that bitcoins can't last another 5 years. Also bear in mind that only in 2140 will all the bitcoins be dug up. I doubt everyone will stop using bitcoins in 5 years.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: pooya87 on March 10, 2015, 09:19:38 AM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.
i think it will and also it's price will be more fixed than it is right now. the more acceptance and popularity will reduce its volatile price.

and yes i bought some at the minimum price and Holding it for now.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Patel on May 08, 2015, 05:47:13 AM
I think with after this month, I am confident bitcoin will be around in 2019-2020.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Brewins on May 08, 2015, 05:51:14 AM
Yes it will.

And it will be much bigger than today, like BTC today is bigger than 2 or 3 year back


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: afbitcoins on May 08, 2015, 01:14:31 PM
Despite its peak at nearly at $140,000 in 2018 by the time 5 years is passed people will be proclaiming the death of bitcoin after its price plummets down to about $23,000. However there will still be diehards saying that the all time high can be broken and bitcoin will go to the moon. Hardly anyone will own whole bitcoins by then.

https://www.tradingview.com/x/v2lf6JFN/


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Natalia_AnatolioPAMM on May 08, 2015, 01:55:03 PM
I think with after this month, I am confident bitcoin will be around in 2019-2020.

and after that?


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Biodom on May 08, 2015, 02:20:27 PM
Despite its peak at nearly at $140,000 in 2018 by the time 5 years is passed people will be proclaiming the death of bitcoin after its price plummets down to about $23,000. However there will still be diehards saying that the all time high can be broken and bitcoin will go to the moon. Hardly anyone will own whole bitcoins by then.

>image snip<

You are probably right in optimistic scenario, but i would so much preferred it just hugging a dark red trendline ;)
It would save so much angst.
I could not even fathom the emotions of a person if and when it goes to 140K only to "collapse" to 23K.
Knowing myself-I wouldn't be able to handle such volatility.
Almost nobody could-you basically would have to be removed from markets all together to not sell.
In any case, i don't think that we have two more "bubbles" left in bitcoin-perhaps just one, but it could be the biggest.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: snowdropfore on May 08, 2015, 03:20:00 PM
i think it will be still around in 2020.and the price will be 50k at least.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Amph on May 08, 2015, 04:08:14 PM
I think with after this month, I am confident bitcoin will be around in 2019-2020.

and after that?

there will be more significant halving, so it will be still around with a greater price

Yes it will.

And it will be much bigger than today, like BTC today is bigger than 2 or 3 year back

probably if you see that bitcoin has started from 1 and in 5 years we are at around 230, it means a x230 increase

so around 40-50k in 2020? however the rise should be exponential and not linear


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Biodom on May 08, 2015, 06:02:36 PM
i think it will be still around in 2020.and the price will be 50k at least.

it would be nice, but the questions would then be:
1. should I cover my mortgage with a few coins or continue to hold for 100K, 200K, etc.?
2. should I exchange a few more coins on another or better RE piece?


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: futurebit640 on May 08, 2015, 11:22:59 PM
around 2k -3k... I don't recommend investing money that you need for the next 2 years. Ideally 5 years. I do think we'll see a huge rise soon, but I'm not betting anything on it ... just buy and hold


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Icardi09 on May 09, 2015, 06:01:12 AM
2/3k will be price


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: ajareselde on May 09, 2015, 08:29:57 AM
Well the first question is a no-brainer, of course bitcoin is going to be alive and well in five years time, since there is no real way to kill it off, due to its design of decentralization.
The price factor is a bit harder to answer, and can be only speculative, but my estimates are about 2-5 k USD. It's impossible to know,but i believe it should be well above 2k for sure.
I only stated the price estimate for "regular" price, but there will probably be many pumps and hypes by then, that could go quite a bit higher than that.
cheers


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: coinableS on May 09, 2015, 08:12:25 PM
I think with after this month, I am confident bitcoin will be around in 2019-2020.

Agreed with the first legit and licensed exchange in NY (even though itbit is a foregin singapore corporation), the launch of bitcoin on NASDAQ Stockholm May 18th, and the active trading on OTCQX markets with GBTC puts bitcoin in a very solid foundation for the future. It is being taken seriously by more and more people and organizations every year. When this thread started in July 2014 people still dismissed BTC as a ponzi or pryamid scheme. We all got excited when merchants started adoption and now this year it's going on legit exchanges around the world. The smart money came in, and now we are opening up the institutional investors phase. Coinbase, Circle, 21 Inc are steadying their sights as the masses. 2016 will mark the block reward having, the block size increase and new apps from start ups. There's no doubt BTC will still be happening in 2019.
What will the price be? No idea, but the simple rule of supply and demand with only 21 million max coins makes me a regular buyer every paycheck.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: oblivi on May 09, 2015, 08:35:22 PM
Despite its peak at nearly at $140,000 in 2018 by the time 5 years is passed people will be proclaiming the death of bitcoin after its price plummets down to about $23,000. However there will still be diehards saying that the all time high can be broken and bitcoin will go to the moon. Hardly anyone will own whole bitcoins by then.

https://www.tradingview.com/x/v2lf6JFN/

It's the same as we see now. People will get proved wrong in 5-10 year cycles everytime they claim "It's over". We had the "it's over" moment 2 times already, with the first small bubble and the second 1.2k ATH, can't wait for the next stop.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: LFC_Bitcoin on May 09, 2015, 09:00:22 PM
Bitcoin will absolutely be around in 5 years, at this moment in time it's almost impossible to predict what the price will be.
There are so many possibilities.
We have the halving in summer 2016, Winklevoss twins will probably have their COIN ETF with NASDAQ approved, their Gemini exchange will be up & running, the NY Bitlicense will have been approved.
Plus there will be massive mainstream adoption by then.

If I had to have a guess at the price in 5 years I would conservatively say $2500 with room to be even more.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: coinableS on May 09, 2015, 09:19:46 PM
Bitcoin will absolutely be around in 5 years, at this moment in time it's almost impossible to predict what the price will be.
There are so many possibilities.
We have the halving in summer 2016, Winklevoss twins will probably have their COIN ETF with NASDAQ approved, their Gemini exchange will be up & running, the NY Bitlicense will have been approved.
Plus there will be massive mainstream adoption by then.

If I had to have a guess at the price in 5 years I would conservatively say $2500 with room to be even more.

That's very conservative for you LFC. Did you miss a zero or two in your prediction ;)
Seriously though, $2,500 would be my low end guess. That would be the crashing price, the bitcoin is dead price after it rises to $10K+


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: LFC_Bitcoin on May 09, 2015, 09:22:43 PM
Bitcoin will absolutely be around in 5 years, at this moment in time it's almost impossible to predict what the price will be.
There are so many possibilities.
We have the halving in summer 2016, Winklevoss twins will probably have their COIN ETF with NASDAQ approved, their Gemini exchange will be up & running, the NY Bitlicense will have been approved.
Plus there will be massive mainstream adoption by then.

If I had to have a guess at the price in 5 years I would conservatively say $2500 with room to be even more.

That's very conservative for you LFC. Did you miss a zero or two in your prediction ;)
Seriously though, $2,500 would be my low end guess. That would be the crashing price, the bitcoin is dead price after it rises to $10K+

I was just trying to be conservative mate :D
I certainly don't think bitcoin will be dead in 5 years, that's a ridiculous suggestion.
I think if we go to 10,000 dollars I'll sell probably over half of my stash as that'll make me a very happy man.
I'd always hodl a certain amount though.
Imagine if you sold everything at 10k & 10 years later we hit 100k.

 


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Biodom on May 09, 2015, 11:06:01 PM
Bitcoin will absolutely be around in 5 years, at this moment in time it's almost impossible to predict what the price will be.
There are so many possibilities.
We have the halving in summer 2016, Winklevoss twins will probably have their COIN ETF with NASDAQ approved, their Gemini exchange will be up & running, the NY Bitlicense will have been approved.
Plus there will be massive mainstream adoption by then.

If I had to have a guess at the price in 5 years I would conservatively say $2500 with room to be even more.

That's very conservative for you LFC. Did you miss a zero or two in your prediction ;)
Seriously though, $2,500 would be my low end guess. That would be the crashing price, the bitcoin is dead price after it rises to $10K+

I was just trying to be conservative mate :D
I certainly don't think bitcoin will be dead in 5 years, that's a ridiculous suggestion.
I think if we go to 10,000 dollars I'll sell probably over half of my stash as that'll make me a very happy man.
I'd always hodl a certain amount though.
Imagine if you sold everything at 10k & 10 years later we hit 100k.

 

This was discussed at length previously (sane and simple bitcoin savings plan, etc.)
Basically, the plan is to sell 10% of your stake at each doubling (and start with no more than 20% of your assets in BTC).
Not many can wait until x10 without selling some.

I saw another awesome plan: accumulate bitcoin in 2015-2016 until next halving, then stop and proceed to sell 1/x on every birthday with x being a number of years
remained in an average expected lifespan (x could be increased if you think that people in your family typically live longer than average).
Say, you are 30 and average lifespan for a male in US is 81, hence x=50 in 2016 and every year from then on you will be spending 2% of your bitcoin stash.
i think that it could be awesome-gifts, vacations, etc.
Personally, the latter plan looks better to me than waiting on doubling which may or may not come.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Amph on May 10, 2015, 10:15:45 AM
if there will be a raise after each halving, expect a crash after that too, i would sell after every big pump(you know it when you will see it)

so in 2020 you should be prepared to sell some of your stash, because of the third halving

my big worry is that the 2016 halving is too hyped, and if it fades or reserve bad experiences, bitcoin might end up being forgotten before 2020, like it happened with doge(after its first halving)...


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: WhatTheGox on May 10, 2015, 03:48:38 PM
The price will probably stay in the $210-250 range for the next 10-12 years

lol that would be the craziest outcome ever.  People might get bored if it does that bitcoiners want it all or nothing.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: gentlemand on May 10, 2015, 04:00:31 PM
The price will probably stay in the $210-250 range for the next 10-12 years

lol that would be the craziest outcome ever.  People might get bored if it does that bitcoiners want it all or nothing.

For a tech of the future, there's a mind boggling lack of foresight on here. People often can't see beyond the end of the week. The future will boot their balls through the tops of their mouths whether they like it or not.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: randy8777 on May 10, 2015, 06:40:58 PM
of course bitcoin will still be around. it's getting stronger and stronger. my guess for the longterm is a price of max $2000 before 2020


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Oscilson on May 10, 2015, 08:42:50 PM
of course bitcoin will still be around. it's getting stronger and stronger. my guess for the longterm is a price of max $2000 before 2020

If it is still around in 5 years, the price will be over $10,000.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: lexuz on May 10, 2015, 10:50:05 PM
Im not sure bitcoin still around in 5 year, maybe 2 year again ending of bitcoin.
Price will be back to $1


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: poncom on May 10, 2015, 10:55:13 PM
The price will probably stay in the $210-250 range for the next 10-12 years

lol that would be the craziest outcome ever.  People might get bored if it does that bitcoiners want it all or nothing.

A stable price for years would be ironic. It's the last thing anyone would expect, but you never know. An article I read speculated that we had a flat, boring, stable price for a few long periods in the past, and maybe that's what Btcoin needs to be adopted more widely.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: bajing on May 11, 2015, 12:25:16 AM
its hard for to know, bitcoin still be around or nor in 5 years again. now some company accept bitcoin for payment its will help bitcoin price
and my guess price is $600


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: BlackSpidy on May 11, 2015, 04:21:50 AM
Bitcoin will be around for 2020. The price will be over $1000, maybe.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: blumangroup on May 11, 2015, 04:31:44 AM
If nothing nasty happens to bitcoin, like bad fork, hacks, major bans everywhere then yes i think it will be around in 5 years alive and well i have voted yes it will be but that is mainly because i want it to be of course, but no one knows what it has in store for us. Isn't it exciting? The price if still around at that time i woud take a guesstimate at around 5k USD at current USD rates.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: BlackSpidy on May 11, 2015, 04:43:28 AM
Bitcoin cannot be banned. If people are careful enough, there is no way they cannot be prevented from acquiring bitcoin. There would be just too many resources going into hunting people down. The United States government cant prevent people from getting their hands on certain substances. Bitcoin is so much easier to acquire, hide, and distribute than drugs. No government can successfully ban it. That kind of injustice would be so short lived, so universally opposed. Maybe North Korea could get away with it nowadays... but in the next 30 years, even that backwards nation will not be able to stop technology. I hear cellphones and internet access is getting smuggled into there. It's only a matter of time until everyone accepts bitcoin to some degree. It's already more widespread than some government-backed currencies.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: futureofbitcoin on May 11, 2015, 05:43:53 AM
Bitcoin cannot be banned. If people are careful enough, there is no way they cannot be prevented from acquiring bitcoin. There would be just too many resources going into hunting people down. The United States government cant prevent people from getting their hands on certain substances. Bitcoin is so much easier to acquire, hide, and distribute than drugs. No government can successfully ban it. That kind of injustice would be so short lived, so universally opposed. Maybe North Korea could get away with it nowadays... but in the next 30 years, even that backwards nation will not be able to stop technology. I hear cellphones and internet access is getting smuggled into there. It's only a matter of time until everyone accepts bitcoin to some degree. It's already more widespread than some government-backed currencies.
You make it sound as if bitcoin is so desirable that people are willing to go to such lengths to smuggle it.

Would you go out of your way to acquire reindeer poop if ownership of reindeer poop was strictly banned? The government doesn't need to go to every household everyday to search for reindeer poop. No one wants it anyway.

Bitcoin needs to first have a lot more people believing in it before your point has any relevance.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: BlackSpidy on May 11, 2015, 07:31:08 AM
You make it sound as if bitcoin is so desirable that people are willing to go to such lengths to smuggle it.

Would you go out of your way to acquire reindeer poop if ownership of reindeer poop was strictly banned? The government doesn't need to go to every household everyday to search for reindeer poop. No one wants it anyway.

Bitcoin needs to first have a lot more people believing in it before your point has any relevance.

Such lengths? What lengths? Making and smuggling a paper wallet is as easy as smuggling in a single piece of paper. Or even, a single digital image that can be printed out later. Nothing hard about that. The expansion of bitcoin is virtually unstoppable. I think the benefit of bitcoin are more than enough to make it desirable in certain markets (I personally know of an application my peers would be interested in). If a government were to ban it, the ban would be unenforceable, and if it's gotten enough attention to be banned, maybe it has enough attention to be (somewhat) commonly used.

Is bitcoin as useless as reindeer poop? No. Apples and oranges, my friend.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: americanpegasus on May 13, 2015, 01:19:11 PM
If bitcoin is around in 5 years, the price then (per coin) will be as ridiculous as "$240 after a crash from $1000" would sound to someone in 2010.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: mrhelpful on May 13, 2015, 07:19:22 PM
It lasted for the first 6 years, so I dont see why it wouldnt survived the next 5 years?

I say this cause those first 6 years were growth, direction, actual investors like those VCs to consider if this would be the next thing for everyone to use or not.

But these first 6 years is more of learning curb, esp how exchanges are and how easy things collapse.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Natalia_AnatolioPAMM on May 13, 2015, 08:06:37 PM
If nothing nasty happens to bitcoin, like bad fork, hacks, major bans everywhere then yes i think it will be around in 5 years alive and well i have voted yes it will be but that is mainly because i want it to be of course, but no one knows what it has in store for us. Isn't it exciting? The price if still around at that time i woud take a guesstimate at around 5k USD at current USD rates.

I think all of that will happen to bitcoin :)


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: shangerlaa on May 26, 2015, 06:45:35 PM
A lot of you i see are new to investing. It does't matter what bitcoin does the next 5 to 10 years its going to grow through businesses but doesn't mean it will go up. The best wy to invest in it is through a business not through bitcoin itself. The market will be manipulated by big wigs who will kill the price buy it low sell when it reaches 1000 and constantly let it go down over an over again. Look at gold it should be well over 100k an ounce and its 1200 an ounce over all these years people invested into it. Silver what 15 bucks it should be in the 1000s as well. Rich people will constantly kill the price of it so you wont get rich off of it. But they can't kill the businesses that monopolize the bitcoin market. So if you want to get rich go after a bitcoin business not bitcoin itself. Its gone up to 240 dollars thats pretty good a lot more then what peple expected last few years if it holds this value you should be happy with that.

But I think it can go up to 500 in next 5 years and hold a stable value as the market grows. But expecting 10k a coin wont ever happen big wigs will sell off so it kills the price and then you will see how investing works. They already done it several times over the last year or 2. And also businesses are putting in loop hole fees for buying things with bitcoin now so its not free transactions anymore. But it has a big future maybe in 50 years holding bitcoin will make you rich. I keep reading these articles people think its just gonna go up cause its growing doesn't work that way when the market is easily manipulated over and over again. And its the easiest market to manipulate the people have no identity.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: mrhelpful on May 26, 2015, 09:52:52 PM
Okay, actually I take back my previous comment.

If there was a issue with blocks taking up more then 1 mb or actually adding to be 1 mb within those 5 years, then I`d hope for some block to upgrade the space.

Or else we would see so many backlogs.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: techgeek on May 27, 2015, 01:34:48 AM
If nothing nasty happens to bitcoin, like bad fork, hacks, major bans everywhere then yes i think it will be around in 5 years alive and well i have voted yes it will be but that is mainly because i want it to be of course, but no one knows what it has in store for us. Isn't it exciting? The price if still around at that time i woud take a guesstimate at around 5k USD at current USD rates.

I think all of that will happen to bitcoin :)

I doubt it, most problems are already aware for the developers to add on something.

Esp, when hit with the whole 1mb issue when it does happen, we`ll have upgraded wallets.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Biodom on May 27, 2015, 02:03:37 AM
A lot of you i see are new to investing. It does't matter what bitcoin does the next 5 to 10 years its going to grow through businesses but doesn't mean it will go up. The best wy to invest in it is through a business not through bitcoin itself. The market will be manipulated by big wigs who will kill the price buy it low sell when it reaches 1000 and constantly let it go down over an over again. Look at gold it should be well over 100k an ounce and its 1200 an ounce over all these years people invested into it. Silver what 15 bucks it should be in the 1000s as well. Rich people will constantly kill the price of it so you wont get rich off of it. But they can't kill the businesses that monopolize the bitcoin market. So if you want to get rich go after a bitcoin business not bitcoin itself. Its gone up to 240 dollars thats pretty good a lot more then what peple expected last few years if it holds this value you should be happy with that.

But I think it can go up to 500 in next 5 years and hold a stable value as the market grows. But expecting 10k a coin wont ever happen big wigs will sell off so it kills the price and then you will see how investing works. They already done it several times over the last year or 2. And also businesses are putting in loop hole fees for buying things with bitcoin now so its not free transactions anymore. But it has a big future maybe in 50 years holding bitcoin will make you rich. I keep reading these articles people think its just gonna go up cause its growing doesn't work that way when the market is easily manipulated over and over again. And its the easiest market to manipulate the people have no identity.

1. a "regular" person cannot easily invest in bitcoin business because 99.9% of them are private.
2. people don't realise that with 'just' 3bil market cap, bitcoin is pretty much useless as a "real" currency.
Currencies trade ~5.3 tril/day, so bitcoin is just too small.
For example, some investment company wants to sell $5 bil $$ and buy the same value of bitcoins without disturbing the price-it simply can't, even if every single owner released all their bitcoins. A single modest size transaction like this would send bitcoin literally into ATH.
3. Serious people thought that bitcoin would become currency-ish at ~$40-50K/BTC


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Dotto on May 27, 2015, 02:57:07 AM
Will be alive?

Most probably. For me the biggest menace is the breaking of encription algorithms

Price?

5.000-20.000


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Fiat_Hodler on May 27, 2015, 06:35:12 AM
fuck paypal and western union.

Bitcoin screws over both those companies and once it is more widely adopted the price will likely rise due to limited supply.



Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Amph on May 27, 2015, 07:25:39 AM
A lot of you i see are new to investing. It does't matter what bitcoin does the next 5 to 10 years its going to grow through businesses but doesn't mean it will go up. The best wy to invest in it is through a business not through bitcoin itself. The market will be manipulated by big wigs who will kill the price buy it low sell when it reaches 1000 and constantly let it go down over an over again. Look at gold it should be well over 100k an ounce and its 1200 an ounce over all these years people invested into it. Silver what 15 bucks it should be in the 1000s as well. Rich people will constantly kill the price of it so you wont get rich off of it. But they can't kill the businesses that monopolize the bitcoin market. So if you want to get rich go after a bitcoin business not bitcoin itself. Its gone up to 240 dollars thats pretty good a lot more then what peple expected last few years if it holds this value you should be happy with that.

But I think it can go up to 500 in next 5 years and hold a stable value as the market grows. But expecting 10k a coin wont ever happen big wigs will sell off so it kills the price and then you will see how investing works. They already done it several times over the last year or 2. And also businesses are putting in loop hole fees for buying things with bitcoin now so its not free transactions anymore. But it has a big future maybe in 50 years holding bitcoin will make you rich. I keep reading these articles people think its just gonna go up cause its growing doesn't work that way when the market is easily manipulated over and over again. And its the easiest market to manipulate the people have no identity.

1. a "regular" person cannot easily invest in bitcoin business because 99.9% of them are private.
2. people don't realise that with 'just' 3bil market cap, bitcoin is pretty much useless as a "real" currency.
Currencies trade ~5.3 tril/day, so bitcoin is just too small.
For example, some investment company wants to sell $5 bil $$ and buy the same value of bitcoins without disturbing the price-it simply can't, even if every single owner released all their bitcoins. A single modest size transaction like this would send bitcoin literally into ATH.
3. Serious people thought that bitcoin would become currency-ish at ~$40-50K/BTC

those are the big players, without their demand bitcoin will never skyrocket, if they will start playing with it, the price should increase by x100-x1000 in no time

we really need their influence, bitcoin can't certainly remain in this phase forever, it's a joke investments for kid right now

so going up to 500 in 5 years is meaning that bitcoin failed, that guy can't understand simply math


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: bornil267645 on May 27, 2015, 01:32:13 PM
If bitcoin were to falter, it would have already. And since it has already made it's way into the global market, it will remain in the market in the 2019 and the price will be around 300$ mark.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: oxiyusuf on May 27, 2015, 02:08:21 PM
If bitcoin were to falter, it would have already. And since it has already made it's way into the global market, it will remain in the market in the 2019 and the price will be around 300$ mark.
I minded the same to you, if the bitcoin will affect the world market, but I expect prices will bitcoin more than $ 300 in 2019, because the level of difficulty will be even greater bitcoin mining


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Benjig on May 27, 2015, 05:22:56 PM
Far too much can happen in 5 years to guess that.

Then you need to learn a little bit more about economics.

An investment, business, serious idea, at least, must wait at minimum a year to see if it is profitable or not; less time than that you run the risk of not considering all the facts; more time you lose your money if it is not profitable..

Bitcoin is starting its way, it's becoming known. By that date, it would be so alive and a minimum price of $1000.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: kaykawa on May 27, 2015, 07:23:19 PM
Bitstamp almost 234 and we'r still stuck here because of this bot


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Frost on May 27, 2015, 08:59:49 PM
I am tired of these discussions, because fact is,... we can't know.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Natalia_AnatolioPAMM on May 27, 2015, 09:01:43 PM
I am tired of these discussions, because fact is,... we can't know.

exactly! we never now with bitcoin where it's going even right now, not speaking about next year/decade


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: randy8777 on May 27, 2015, 09:56:18 PM
I am tired of these discussions, because fact is,... we can't know.

exactly! we never now with bitcoin where it's going even right now, not speaking about next year/decade

the only thing you can know, is that bitcoin will definitely be around by that time. if we go through the $1000 barrier by that time we can say bitcoin did well.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: mrhelpful on May 27, 2015, 09:59:16 PM
Bitcoins price should act similar to how the 1920`s were with the dollar value.

The same value now worth of a dollar is $1,000 is similar to having $70,000


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: thy on May 30, 2015, 06:27:56 AM
Yes bitcoins will be around in 5 years time i guess the price will be in the 5 000-10 000 usd/btc range if USA hasent defaulted by then, otherwise the price will be infinite verses that currency.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: oblivi on May 30, 2015, 05:30:13 PM
Bitstamp almost 234 and we'r still stuck here because of this bot
Bots are everywhere, in most big exchanges and possibly unknown ones as well. The regular stock market is full of bots too.
Only big pressure can defeat bots, big pressure from real people.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Oscilson on May 31, 2015, 08:34:31 AM
Yes bitcoins will be around in 5 years time i guess the price will be in the 5 000-10 000 usd/btc range if USA hasent defaulted by then, otherwise the price will be infinite verses that currency.

If it does not destroy itself, it will be around.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: AtheistAKASaneBrain on May 31, 2015, 01:14:35 PM
Yes bitcoins will be around in 5 years time i guess the price will be in the 5 000-10 000 usd/btc range if USA hasent defaulted by then, otherwise the price will be infinite verses that currency.

If it does not destroy itself, it will be around.
Let's hope that the devs stop fucking around and reach some consensus. I wish satoshi appeared and gave his real view on this already. We need some sort of guidande from the creator itself, otherwise devs will fight over bigger block size or 1MB block size forever.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: vendetahome on March 17, 2016, 05:19:18 PM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.

of course it should be alive for atleast next 25 years not 5 years only,  bitcoin is in good condition now, i don't see a reason why it should fall it will rise only because of upcoming halving

price now is pretty okay too, 430$ isn't low price so in 5 years price should be 1500$ or more


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: 7Priest7 on March 17, 2016, 06:36:53 PM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.

it should stay here in use for other 5 next year probably yes, but anything can happen

and price, well it's is really hard to predict prie fater 5 years but should be higher than 650$,  i mean halving in 2016 and 2020 should rise price, and price will fall a bit too of course so i think it will be around 650$


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Jmild1 on March 17, 2016, 06:55:27 PM
Bitcoin is getting popular as the time passes by, and it is also available now in different area of paying things. So from this conclusion.
As the time goes by, and the bitcoin is getting popular. It will be in-demand on people which will make the bitcoin value rise and make the bitcoin itself survive.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: peta4e on March 17, 2016, 07:09:13 PM
Bitcoin is getting popular as the time passes by, and it is also available now in different area of paying things. So from this conclusion.
As the time goes by, and the bitcoin is getting popular. It will be in-demand on people which will make the bitcoin value rise and make the bitcoin itself survive.

Bitcoin will be always there in next 5 years and the price would be definitely high but cannot predict the exact price of bitcoins as price keeps on moving up and down.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Jmild1 on March 17, 2016, 07:46:45 PM
Bitcoin is getting popular as the time passes by, and it is also available now in different area of paying things. So from this conclusion.
As the time goes by, and the bitcoin is getting popular. It will be in-demand on people which will make the bitcoin value rise and make the bitcoin itself survive.

Bitcoin will be always there in next 5 years and the price would be definitely high but cannot predict the exact price of bitcoins as price keeps on moving up and down.

Yeah, so I will just assume the percentage that bitcoin survive about 90-10 percentage for 5 years. Given the conclusion that many people are now discovering bitcoin. This will surely rise the demand of it.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: MaxTax on March 17, 2016, 08:29:18 PM
The bitcoin will be still around but the price is not to predict because the bitcoin is now still unpredictable.
I think it will maybe be stable at a pretty high amount near the 900 dollar or something in that range.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: umaOuma on March 17, 2016, 09:45:45 PM
The bitcoin will be still around but the price is not to predict because the bitcoin is now still unpredictable.
I think it will maybe be stable at a pretty high amount near the 900 dollar or something in that range.

No, I think the price would be much higher in next 5 years, it is predicted that the price of bitcoin by the end of this year would be around $1k so we can expect better price after 5 years.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: CoinsRoyal on March 17, 2016, 10:58:39 PM
The bitcoin will survive this years, I have no doubt about that but the price will maybe not so good because you never know what will happen with the bitcoin.
It can also be that the bitcoin is on a high amount, around the 1,5k but its not to predict right now if I'm honest so..


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Jmild1 on March 17, 2016, 11:58:33 PM
The bitcoin will survive this years, I have no doubt about that but the price will maybe not so good because you never know what will happen with the bitcoin.
It can also be that the bitcoin is on a high amount, around the 1,5k but its not to predict right now if I'm honest so..

It will surely survive, becauase as technology is rising. People also adapt in new ways like ofcourse cryptocurrency. And this will surely hit a demand on people if we achieve technology era


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: n0ne on March 18, 2016, 07:13:40 AM
No need to fear about the survival of bitcoin. Already it has crossed various hard times. I expect a price around the tag of $1000 to $1300 by the falling years.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: hasiramasenju on March 18, 2016, 08:11:23 AM
now 2016 and bitcoin still alive and well i think next 5 years also bitcoin still survive and more popular than now
but about the prices i guess it would be reach to $1000 or even more


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: pissedoff on March 18, 2016, 08:15:59 AM
No need to fear about the survival of bitcoin. Already it has crossed various hard times. I expect a price around the tag of $1000 to $1300 by the falling years.
The only fear is that there might be a technology better than bitcoin and it will take over bitcoin.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Niemands on March 18, 2016, 08:17:00 AM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.

My bet - $10,000  ;D


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: pissedoff on March 18, 2016, 08:22:15 AM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.

My bet - $10,000  ;D
There were many predictions that bitcoin would go to $10,000 by the end of last year and now there are prediction's for the end of this year.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: bitcoin-hunter on March 18, 2016, 08:55:13 AM
The bitcoin will survive this years, I have no doubt about that but the price will maybe not so good because you never know what will happen with the bitcoin.
It can also be that the bitcoin is on a high amount, around the 1,5k but its not to predict right now if I'm honest so..

It will surely survive, becauase as technology is rising. People also adapt in new ways like ofcourse cryptocurrency. And this will surely hit a demand on people if we achieve technology era
Its hard to say. Because a currency is always changing and that is the problem. You never know what the value will be and that is really bad.
I hope later of course that the value will be more and that we can sell it later in the future with some good profit.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Hirose UK on March 18, 2016, 10:24:15 AM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.
I think the price will be up to $5,000 for one bitcoin. because the price still increases and as we know some country is legalizing bitcoin and many shops accepted bitcoin already


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Herbert2020 on March 18, 2016, 10:37:44 AM
i think bitcoin will be around in 5 years. that is for sure, i have no doubt.
even the crappiest altcoins with minimal support stay around for a couple of years after they die. so there is no doubt that something like bitcoin with this many people using it and supporting it can survive for a long time. besides bitcoin is a lot better than all of those altcoins that i mentioned, and if there is any small issues they are going to get fixed over time.
and the price will depend on the state bitcoin is going to be after 5 years, my opinion is that bitcoin will be popular and the price is going to be higher than $1000


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: GermanFoobla on March 18, 2016, 08:26:17 PM
Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.
I think the price will be up to $5,000 for one bitcoin. because the price still increases and as we know some country is legalizing bitcoin and many shops accepted bitcoin already

The bitcoin has a really good future in the upcoming 5 years but 5000 dollar for one bitcoin is just too much in my opinion.
The bitcoin will get stable in the next 5 years and around the 900 dollar range stable.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: coinzat on March 18, 2016, 08:32:50 PM
as this thread was written two years ago, bitcoin already succeeded in being alive for the half period of the 5 years. So I believe that in 2019 be more popular and the price will be more than four figures


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: sishendaoye on March 18, 2016, 09:50:57 PM
as this thread was written two years ago, bitcoin already succeeded in being alive for the half period of the 5 years. So I believe that in 2019 be more popular and the price will be more than four figures

Of course, its going very well with the bitcoin and it can easily live further than 2019, I have no doubts about that.
Its all a matter of time before we really know it but the chance is that the price is gonna be good and that a lot of people are using it.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: CoinsRoyal on March 18, 2016, 11:35:17 PM
as this thread was written two years ago, bitcoin already succeeded in being alive for the half period of the 5 years. So I believe that in 2019 be more popular and the price will be more than four figures
Well we are almost halfway and if you ask me, bitcoin is here to stay for a minimum of 15 years. Perhaps even longer if it succeed.
To me bitcoin has proven that it is here to stay.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Patel on March 19, 2016, 02:52:52 AM
So it's been 2 years (out of 5) since I posted this.

We're almost half way, interesting to see whose predictions will be right/wrong.

Thanks to whoever brought this thread up again. Was nice to see it after a long time.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: NewInCryptoCurrency on March 24, 2016, 10:34:58 AM
It will sure be with us strong and healthy in 2019. Value ? It can vary between 5000$ and 200000$.

I agree, with in 5 years from now bitcoin will be stronger then ever. More people will be tuning in with bitcoin witch is only a positive thing.
The price will go up that is for sure. It is now at around $400. 


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: InsideBjorn on March 24, 2016, 04:57:23 PM
In 5 years Bitcoin will have a higher value and also more popular. But the most important thing is that we must can spend it more.
I hope there will be more places later in the future that will also accept Bitcoin, so we can easily pay with it.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Lokfar on March 24, 2016, 07:24:09 PM
The bitcoin will be still around but the price is not to predict because the bitcoin is now still unpredictable.
I think it will maybe be stable at a pretty high amount near the 900 dollar or something in that range.

No, I think the price would be much higher in next 5 years, it is predicted that the price of bitcoin by the end of this year would be around $1k so we can expect better price after 5 years.
It is hard to predict of course, because Bitcoin is a currency and you never know what will happen with it.
And that is the problem, but I think that Bitcoin will be the most used payment method in the world around 5 years.


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Jmild1 on March 24, 2016, 07:33:31 PM
Bitcoin will increase it's value.

Here are the factor that get's the value increase

Told by media
Availability of bitcoin thru different payments in popular websites such as ebay, amazon, etc.
Advertised in television


Title: Re: Will Bitcoin be around in 5 years? If so, what's its price?
Post by: Zaun on March 24, 2016, 09:57:16 PM
The bitcoin will be still around but the price is not to predict because the bitcoin is now still unpredictable.
I think it will maybe be stable at a pretty high amount near the 900 dollar or something in that range.

No, I think the price would be much higher in next 5 years, it is predicted that the price of bitcoin by the end of this year would be around $1k so we can expect better price after 5 years.
It is hard to predict of course, because Bitcoin is a currency and you never know what will happen with it.
And that is the problem, but I think that Bitcoin will be the most used payment method in the world around 5 years.

Indeed, most likely it will be still alive in the future but of course this is also not to predict because the bitcoin itself is not to predict.
So yes most likely it will and the price would be stable and a bit higher but not much higher in my prediction.