ensurance982
|
|
April 21, 2015, 10:59:07 AM |
|
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 $35k is way too high. doesn't sound very realistic if you ask me. I can't really afford 'a lot of coins' but I have my small measly stack in the game. I think this may very well be still the beginning of a very interesting technology and potentially something even bigger!
|
We Support Currencies: BTC, LTC, USD, EUR, GBP
|
|
|
|
|
|
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
ensurance982
|
|
April 21, 2015, 11:08:47 AM |
|
well the variation are like bitcoin in 2007 20$ 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
Have you actually looked at long-term charts? Apart from the fact that there was no Bitcoin back in 2007, just imagine what people in 2011 thought about a $100 coin - unbelievable! The same argument could be made about a $10k coin today.
|
We Support Currencies: BTC, LTC, USD, EUR, GBP
|
|
|
chaoman
|
|
April 21, 2015, 12:16:28 PM |
|
You guys are all too conservative. I can see bitcoin being 1 million a piece. This is to money what the internet is to information.
|
|
|
|
ensurance982
|
|
April 21, 2015, 12:19:28 PM |
|
You guys are all too conservative. I can see bitcoin being 1 million a piece. This is to money what the internet is to information.
You don't need money to enter the Internet - well at least not to that extent. Also, the Internet is an even more basic technology and provides an incredible amount of utility to the people using it. Just don't fall too hard for that analogy!
|
We Support Currencies: BTC, LTC, USD, EUR, GBP
|
|
|
minerpumpkin
|
|
April 21, 2015, 12:34:13 PM |
|
I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!
|
I should have gotten into Bitcoin back in 1992...
|
|
|
pereira4
Legendary
Offline
Activity: 1610
Merit: 1183
|
|
April 21, 2015, 12:44:39 PM |
|
You guys are all too conservative. I can see bitcoin being 1 million a piece. This is to money what the internet is to information.
You don't need money to enter the Internet - well at least not to that extent. Also, the Internet is an even more basic technology and provides an incredible amount of utility to the people using it. Just don't fall too hard for that analogy! How do you enter the internet without paying an ISP? Also, we could say Bitcoin is to money what TCP/IP was to internet, and it's a pretty accurate analogy, even Andreas agrees with this view.
|
|
|
|
Dalmar
|
|
April 21, 2015, 12:46:09 PM |
|
Either a very low price / nonexistent.
Or about the same market cap as Apple. I don't think it will ever replace fiat, but will just become an important alternative.
|
|
|
|
▄▄▄▄▄▄▄▄▄▄▄ ▄▄████████████████▄ ▄▄██████████████████████▄ █████████████▀█████████████▄ ▄█████████████▀ ▄█▀ ███████████ ▄██████████ ▀▀ ████████████ ▄█████████████ ▄▄▄ ▀▀██████████ █████████████▀ ████▄ ▀█████████▄ █████████████ ▀▀█▀▀ ▄██████████ ████████████▀ ▄▄ ████████████ ████████████ ▄████▄ ███████████ █████████ ██████ ██████████ █████████▄▄ ▄██████████ ▀██████████ ██ ▄▄▄▄████████████ ▀█████████▄▄█▄ ███████████████▀ ▀██████████████████████████▀ ▀█████████████████████▀ ▀▀██████████████▀▀ ▀▀▀▀▀▀▀ | | B i t c o i n t a l k ▄▄▄▄▄
DONATION CAMPAIGN | | ▄ ▄██ ▄▄▄▄▄▄▄ ▄███ ▄█████████▄ ████ ▄▄▄ ▄████████████ ▄████▀ ▀██▄▄ █████████████ ▄█████▀ ▀█████▄ █████████████ ▄██████ ▀█████▄ ███████████▀▄███████ ▀██████▄▄▀▀██████▀ ████████▀ ████████▄ ▄████████▀ █████████▄ ▄██████████ █████████████████████ ████████████████████ ███████████████████ ███████████████████ ██████████████▀▀▀ ███████▀▀▀▀ ▀▀▀▀ | | BE A HOPE FOR A LIVABLE WORLD | | ▄▄▄█████████▄▄▄ ▄▄███████████████████▄▄ ▄▄█████████████████████████▄▄ ▄███████████████████████████████▄ ▄█████████████████████████████████▄ ████████████▀▀▀▀▀██████▀▀▀▀██████████ ███████████▀ ▀█▀ ▀█████████ ███████████▀ █████████ ███████████ █████████ █████████████ ███████████ ██████████████▄ ▄████████████ ████████████████▄▄▄ ▄█▀▀ ████████ ███████████▀▀ ▀▀█▄▄▄▄▄▄██ ▄████████ ██████▀█▄ ▀▀▀█▄ ▄█████████ ██████▄ █▄ ▄▄▄▄▄▄▄▀▀▄███████████ ██████▄ ▀█ ▄████████████ ██████▄ ██████▄▄▄ ▄██████████████ ▀██████▄██████████████████████████▀ ▀███████████████████████████████▀ ▀▀█████████████████████████▀▀ ▀▀███████████████████▀▀ ▀▀▀█████████▀▀▀ | | ONE | | little | | HELP CHANGES EVERYTHING | | ➦ | | ..DONATE.. |
|
|
|
LFC_Bitcoin (OP)
Legendary
Offline
Activity: 3528
Merit: 9525
#1 VIP Crypto Casino
|
|
April 21, 2015, 01:18:58 PM |
|
I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!
5000 USD would make a lot of us very comfortable. I wouldn't be rich as such but it'd give us mortgage free lives etc.
|
|
|
|
Biodom
Legendary
Offline
Activity: 3752
Merit: 3859
|
|
April 21, 2015, 05:28:26 PM |
|
I think most here are correct as far as it being either a lot of money or a negligible amount. It is almost like a game of alternative universes.
Points: 1. With BTC at 50thou-1mil, many techies and btctalk participants will become regular to multi-millionaires. 2. How likely is that a small group of people, distinguishable only by one attribute (btc participation) will become uncommonly wealthy? Anecdotally, it does not seem likely. I know of only a few groups like this-MSFT&Dell investors in the 90ies, Amazon & AAPL investors from 1997. 2. I wonder if someone can apply Bayesian or frequentist probability models to bitcoin's future and what the likely results would be.
|
|
|
|
rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
|
|
April 21, 2015, 07:02:29 PM |
|
I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!
5000 USD would make a lot of us very comfortable. I wouldn't be rich as such but it'd give us mortgage free lives etc. No mortgage would be a dream for me. You said it all right there.
|
|
|
|
manselr
Legendary
Offline
Activity: 868
Merit: 1004
|
|
April 23, 2015, 05:51:37 PM |
|
I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!
5000 USD would make a lot of us very comfortable. I wouldn't be rich as such but it'd give us mortgage free lives etc. 10K is a conservative price for me long term. 5000 is pretty much guaranteed. When comparing the current marketcap of BTC with other's of similar nature (even tho there is nothing similar to BTC, but for example, VISA, Mastercard, Paypal etc). When BTC takes the world, it will have the marketcap of all of those combined.
|
|
|
|
ThatDGuy
|
|
April 23, 2015, 06:02:17 PM |
|
I've seen similar sentiments back in 2013 when the price was around $70. People were predicting a continuing decline of the price back into the low double-digits, or even lower. With Bitcoin you really can't seem to postulate the bubbles and the heights it may achieve over time. I wouldn't be surprised at all to see $5000 in the coming years!
5000 USD would make a lot of us very comfortable. I wouldn't be rich as such but it'd give us mortgage free lives etc. No mortgage would be a dream for me. You said it all right there. Agreed. Would be wonderful and anything more would just be bonus.
|
|
|
|
Baghead
|
|
April 23, 2015, 06:08:13 PM |
|
Just a bit of fun speculation -
What price do you see one bitcoin being valued at in 10 years, take a guess?
I'd be absolutely fucking delighted with $5,000 per bitcoin.
I bet you would i would as well lol! I will play your game and have a wild guess at saying it will be either under $100 or over $3000, if it is under $100 i think $56 if it is over $3000 i think it will be $3899. It is funny to think about because if we knew we would be filthy rich wouldn't we.
|
|
|
|
LFC_Bitcoin (OP)
Legendary
Offline
Activity: 3528
Merit: 9525
#1 VIP Crypto Casino
|
|
April 23, 2015, 08:20:34 PM |
|
Just a bit of fun speculation -
What price do you see one bitcoin being valued at in 10 years, take a guess?
I'd be absolutely fucking delighted with $5,000 per bitcoin.
I bet you would i would as well lol! I will play your game and have a wild guess at saying it will be either under $100 or over $3000, if it is under $100 i think $56 if it is over $3000 i think it will be $3899. It is funny to think about because if we knew we would be filthy rich wouldn't we. We certainly would.
|
|
|
|
ensurance982
|
|
April 23, 2015, 08:47:10 PM |
|
You guys are all too conservative. I can see bitcoin being 1 million a piece. This is to money what the internet is to information.
You don't need money to enter the Internet - well at least not to that extent. Also, the Internet is an even more basic technology and provides an incredible amount of utility to the people using it. Just don't fall too hard for that analogy! How do you enter the internet without paying an ISP? Also, we could say Bitcoin is to money what TCP/IP was to internet, and it's a pretty accurate analogy, even Andreas agrees with this view. When you pay an ISP you exactly know what you're getting, there're no surprises and no risk of losing your money. Also the investment is relatively small. People may see at their friends houses how the Internet works and what the benefits are. If I really want to profit from BTC I have to buy some coins.
|
We Support Currencies: BTC, LTC, USD, EUR, GBP
|
|
|
pereira4
Legendary
Offline
Activity: 1610
Merit: 1183
|
|
April 23, 2015, 10:04:04 PM |
|
You guys are all too conservative. I can see bitcoin being 1 million a piece. This is to money what the internet is to information.
You don't need money to enter the Internet - well at least not to that extent. Also, the Internet is an even more basic technology and provides an incredible amount of utility to the people using it. Just don't fall too hard for that analogy! How do you enter the internet without paying an ISP? Also, we could say Bitcoin is to money what TCP/IP was to internet, and it's a pretty accurate analogy, even Andreas agrees with this view. When you pay an ISP you exactly know what you're getting, there're no surprises and no risk of losing your money. Also the investment is relatively small. People may see at their friends houses how the Internet works and what the benefits are. If I really want to profit from BTC I have to buy some coins. Dude we are talking at an analogy level, we are comparing protocols and putting things in context. You are missing the point completely. Of course when you pay an ISP you know what you are getting and no surprises, because its 2015. In the early days no one got internet because it was a mess, just like Bitcoin today.
|
|
|
|
minerpumpkin
|
|
April 23, 2015, 10:19:25 PM |
|
Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.
|
I should have gotten into Bitcoin back in 1992...
|
|
|
rjclarke2000
Legendary
Offline
Activity: 1358
Merit: 1016
|
|
April 23, 2015, 10:33:59 PM |
|
Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.
Or "katashi takamoto" as my wife thinks he's called.........
|
|
|
|
neurotypical
|
|
April 23, 2015, 11:07:15 PM |
|
Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.
Satoshi predicted everything thus far, including the centralization of mining. Guy was a genius, im pretty sure in 5 years we'll laugh at the current ATH since it will be nothing compared to the current price at that time.
|
|
|
|
minerpumpkin
|
|
April 24, 2015, 05:02:32 PM |
|
Just like Satoshi already said, I also believe that in 10 years the volume will either be very high on there will be no volume at all. This will directly be reflected by the price of BTC, which will either be very high or crash even below current levels.
Or "katashi takamoto" as my wife thinks he's called......... You're talking with your wife about Bitcoin? Is she also involved with it or just accepting it as your "weird hobby". I think when it comes to BTC you may either end up a genius or a total fool in 10 years (or maybe even earlier).
|
I should have gotten into Bitcoin back in 1992...
|
|
|
|