Bitcoin price in 10 years.....

[Biodom]

I think this shows that the bear market is not done with yet.

If you think there's a good possibility that coins will be even >$5k in 5 years, then around $220 is extremely cheap. From this you have to ask why aren't people falling over themselves to buy?

Seems like many are waiting for a catalyst (ie Wall St or think we've got a ways lower to head yet.

OT: Sometimes i wonder where ~$400 mil in bitcoin VC funding of 2013-2014 went?
Certainly, i had seen nothing in "products" to justify these investment numbers.
Around me, i see absolutely no increase in bitcoin usage or interest in it, apart from myself, despite trying to interest friends and relatives.

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[bornil267645]

In ten years, here is the situation:

1. Bitcoin price around 500$

2. Bitcoin is the worlds top ten currency.

3. Some of the leading countries have adopted BTC

4. Nobody uses pocket wallet anymore, they use bitcoin wallet.

Wouldn't that be a scenario....

[futureofbitcoin]

In ten years, here is the situation:

1. Bitcoin price around 500$

2. Bitcoin is the worlds top ten currency.

3. Some of the leading countries have adopted BTC

4. Nobody uses pocket wallet anymore, they use bitcoin wallet.

Wouldn't that be a scenario....

I think no. 1 and 2 are pretty much contradictory by definition. It's impossible for both to happen at the same time, due to the maximum limit on the number of bitcoins in circulation.

No.1 and the rest are also pretty much contradictory.

[LFC_Bitcoin]

I think if BTC is to really succeed and be around in the mainstream in 10 years it'll be a lot more than 500 dollars per coin.

[Amph]

In ten years, here is the situation:

1. Bitcoin price around 500$

2. Bitcoin is the worlds top ten currency.

3. Some of the leading countries have adopted BTC

4. Nobody uses pocket wallet anymore, they use bitcoin wallet.

Wouldn't that be a scenario....

I think no. 1 and 2 are pretty much contradictory by definition. It's impossible for both to happen at the same time, due to the maximum limit on the number of bitcoins in circulation.

No.1 and the rest are also pretty much contradictory.

you think that bitcoin can't have a small price and at the same time be a mainstream currency?

i'm not sure about that, it could be that at the end, people will use many different crypto, and thus dilute the price among severals crypto currencies..resulting in many coin with a low value, but still accepted in all the world

[futureofbitcoin]

In ten years, here is the situation:

1. Bitcoin price around 500$

2. Bitcoin is the worlds top ten currency.

3. Some of the leading countries have adopted BTC

4. Nobody uses pocket wallet anymore, they use bitcoin wallet.

Wouldn't that be a scenario....

I think no. 1 and 2 are pretty much contradictory by definition. It's impossible for both to happen at the same time, due to the maximum limit on the number of bitcoins in circulation.

No.1 and the rest are also pretty much contradictory.

you think that bitcoin can't have a small price and at the same time be a mainstream currency?

i'm not sure about that, it could be that at the end, people will use many different crypto, and thus dilute the price among severals crypto currencies..resulting in many coin with a low value, but still accepted in all the world

I think bitcoin can't have a small price and be a TOP TEN CURRENCY. How do you define top 10 currency anyway? The easiest way I can think of is market cap. 21M * 500 would obviously not be in the top 10 currency in terms of market cap.

I'm not saying bitcoin cannnot survive with a low value, I've written about this before, and you've commented after my post as well. I think it's quite possible that bitcoin's price remains low yet there's a niche group using it.

I wouldn't call it mainstream, though.

[GregH37]

In ten years, here is the situation:

1. Bitcoin price around 500$

2. Bitcoin is the worlds top ten currency.

3. Some of the leading countries have adopted BTC

4. Nobody uses pocket wallet anymore, they use bitcoin wallet.

Wouldn't that be a scenario....

First of all its price will be more than 1000$ speculation said
May or May not be
I think No, Because btc can be hacked by hacker these big companies will avoid using btc
i think no, it may be in more than 20 year when this could or may happened.

[ensurance982]

If things are headed upwards, I believe we're looking at a $35k coins in 10 years or so. There will be some more bubbles, some bigger than others, but we will find some sort of equilibrium at some point - maybe comparable to gold!

[thejaytiesto]

If things are headed upwards, I believe we're looking at a $35k coins in 10 years or so. There will be some more bubbles, some bigger than others, but we will find some sort of equilibrium at some point - maybe comparable to gold!

It will be fun looking at the all time graph a decade from now or so. That 1.2K ATH peak will look literally like a small bump. Just like the first 30 USD peak now looks like nothing.

[randy8777]

If things are headed upwards, I believe we're looking at a $35k coins in 10 years or so. There will be some more bubbles, some bigger than others, but we will find some sort of equilibrium at some point - maybe comparable to gold!

which means you bought a lot coins and are holding them firmly. however i think $35k is way too high. doesn't sound very realistic if you ask me.

[futureofbitcoin]

100-fold in 10 years isn't even that good. Much less disruptive companies have gained way more than that over the years.

[coinableS]

If things are headed upwards, I believe we're looking at a $35k coins in 10 years or so. There will be some more bubbles, some bigger than others, but we will find some sort of equilibrium at some point - maybe comparable to gold!

which means you bought a lot coins and are holding them firmly. however i think $35k is way too high. doesn't sound very realistic if you ask me.

Truth can be stranger than fiction my friend 

[mladen00]

BTC MC > 1.000.000.000.000 ( 1-10 trillion USD mc)

so 1BTC from 47619 USD to 500.000,00 USD

[Mehek]

I think it will be $500 for 1bitcoin...or even $5000 for 1bitcoins as because the price is not depend on time so we cannot say what it will be.....and if you are thinking about the 2010-2013 then let me tell you that we have mtgox that time and it is the only one who make this bitcoin train upto $1000 lol...that's was the wounderful times

[futureofbitcoin]

I think it will be $500 for 1bitcoin...or even $5000 for 1bitcoins as because the price is not depend on time so we cannot say what it will be.....and if you are thinking about the 2010-2013 then let me tell you that we have mtgox that time and it is the only one who make this bitcoin train upto $1000 lol...that's was the wounderful times

Then why did you say 500 or 5000? Kind of contradicting yourself?

If bitcoin is 500 in 10 years, then it will never go mainstream. It'll just be used by pump and dumpers, so that VC run companies can make back their investment, and the few libertarians who desperately try to avoid government authority.

[Mehek]

I think it will be $500 for 1bitcoin...or even $5000 for 1bitcoins as because the price is not depend on time so we cannot say what it will be.....and if you are thinking about the 2010-2013 then let me tell you that we have mtgox that time and it is the only one who make this bitcoin train upto $1000 lol...that's was the wounderful times

Then why did you say 500 or 5000? Kind of contradicting yourself?

If bitcoin is 500 in 10 years, then it will never go mainstream. It'll just be used by pump and dumpers, so that VC run companies can make back their investment, and the few libertarians who desperately try to avoid government authority.

if I am wrong then the price will grow as time passes because it will also getting accepted by many big industrys but we should also see the disadvantags or bad results of it too.....it is not a stable currency(which is fun)(which is damaging too)....sorry for my poor english
~mehek

[mladen00]

In ten years, here is the situation:

1. Bitcoin price around 500$

2. Bitcoin is the worlds top ten currency.

3. Some of the leading countries have adopted BTC

4. Nobody uses pocket wallet anymore, they use bitcoin wallet.

Wouldn't that be a scenario....

1 BTC for 500 USD eql. MC is 21000000*500 = 10,5 B USD

for top 10 currency MC must be 100 times higher so btc must be around 50000USD

[muhrohmat]

well the variation are like bitcoin in 2007 20$ in 2014 800$ and now its a stable 200$ 300$ might get a bit bigger next few years in the middle of years each like 350 450 or 500$ in my opinion but that over the years like 2 or 3 not 10 i can not predict 10 years and the bit coin will be more diff to mine yes

[Amph]

well the variation are like bitcoin in 2007 20$ in 2014 800$ and now its a stable 200$ 300$ might get a bit bigger next few years in the middle of years each like 350 450 or 500$ in my opinion but that over the years like 2 or 3 not 10 i can not predict 10 years and the bit coin will be more diff to mine yes

there was no bitcoin in 2007, it started in 2009, 6 years olds at best, in another 10 years the supply will halve 3 times counting the next years, if we take in consideration that around the first halving bitcoin doubled, a good estimate would be 2k usd as a stable value, with a peak of 10k, basically like the last previous pump but with one more zero

[ensurance982]

If things are headed upwards, I believe we're looking at a $35k coins in 10 years or so. There will be some more bubbles, some bigger than others, but we will find some sort of equilibrium at some point - maybe comparable to gold!

It will be fun looking at the all time graph a decade from now or so. That 1.2K ATH peak will look literally like a small bump. Just like the first 30 USD peak now looks like nothing.

Ha, yeah that could very well be. At least if Bitcoin succeeds! We're still in the 'lunatic' phase, actually. And the price could have been inflated over the past 2 years or so - thing is, no one knows. But I think the risk/reward calculation is positive on this one (my opinion)