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drakahn (OP)
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January 16, 2013, 06:26:53 AM |
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With all this talk of 8 decimal places not being enough in the long run, how long do you think it will be before 1 bitcoin is worth $1000 or more?
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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zoinky
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January 16, 2013, 06:37:58 AM |
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Why isn't never an option?
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drakahn (OP)
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January 16, 2013, 07:05:55 AM |
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Why isn't never an option?
It was, but then i changed it to not in our lifetime and didn't re add Never.... Now i have. |
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jl2012
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January 16, 2013, 07:15:03 AM |
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In the past 1.5 year the exchange rate increased by about 280%/yr. By extrapolation we will have $100/coin at the end of 2014 and $1000/coin in 2017
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Donation address: 374iXxS4BuqFHsEwwxUuH3nvJ69Y7Hqur3 (Bitcoin ONLY)
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ElectricMucus
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January 16, 2013, 07:26:27 AM |
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Bitcoin could be worth the equivalent purchasing power of $1000 some day, but I don't think it will ever be worth $1000.
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drakahn (OP)
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January 16, 2013, 07:29:33 AM |
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Bitcoin could be worth the equivalent purchasing power of $1000 some day, but I don't think it will ever be worth $1000.
Wouldn't "$1000 today money" purchasing power be worth more than "$1000 future money"? |
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Jakers
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January 16, 2013, 07:31:59 AM |
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I actually just mentioned this in a different post. I used $1000 as the example it would be in 10 years, lol.
Instead of sending Bitcoins to people, you'll be sending .005 of a BTC for a $100 payment sooner or later. Maybe not in out lifetime, but definitely sometime.
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ElectricMucus
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January 16, 2013, 07:33:48 AM |
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Bitcoin could be worth the equivalent purchasing power of $1000 some day, but I don't think it will ever be worth $1000.
Wouldn't "$1000 today money" purchasing power be worth more than "$1000 future money"? Yes, of course. The reason I say that is that is that the USD would not survive such large inflation and I don't think the purchasing power of bitcoin can rise to these levels without the disappearance of the Dollar in the first place. At the same time any significant valuation of Bitcoin demands for it to play a major role which I don't think will happen before the USD is gone. |
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cedivad
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January 16, 2013, 07:51:54 AM |
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5 to 10 years.
How long until 0.10$ per Bitcoin? Probably less.
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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drakahn (OP)
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January 16, 2013, 08:41:03 AM |
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5 to 10 years.
How long until 0.10$ per Bitcoin? Probably less.
Damn, If that's true I'll be very rich in 5-10 years... since I would put hundreds into 10 cent bitcoins |
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cedivad
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January 16, 2013, 09:06:09 AM |
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5 to 10 years.
How long until 0.10$ per Bitcoin? Probably less.
Damn, If that's true I'll be very rich in 5-10 years... since I would put hundreds into 10 cent bitcoins Sorry, i meant that it is either one or the other. These kind of topics are pointless, if we all think that the price will eventually go up, why is it still stable? We don't know. It will either be 0.1$ or 1000$ in a decade, i'm quite sure of it. |
My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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thebaron
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January 16, 2013, 09:13:26 AM |
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As soon as it's being used to sell "illegal" high cap mags, ammo, and pistol grips.
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proudhon
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January 16, 2013, 12:54:42 PM |
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Not going to happen. Never.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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molecular
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January 16, 2013, 02:20:07 PM |
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Not going to happen. Never.
quoted for future reference |
PGP key molecular F9B70769 fingerprint 9CDD C0D3 20F8 279F 6BE0 3F39 FC49 2362 F9B7 0769
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server
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1 BTC =1 BTC
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January 16, 2013, 02:51:07 PM
Last edit: January 16, 2013, 03:18:53 PM by server |
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Never.
$100.. more realistic, maybe a short bubble like the $30+ days/hours... but no, not for a long period of time.
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mccorvic
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January 16, 2013, 03:00:26 PM |
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Not going to happen. Never.
This means it'll probably happen later today. |
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Kupsi
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9.9.2012: I predict that single digits... <- FAIL
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January 16, 2013, 03:13:15 PM |
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Not going to happen. Never.
This means it'll probably happen later today.  |
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cbeast
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Let's talk governance, lipstick, and pigs.
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January 16, 2013, 03:22:10 PM |
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There is a lot of experimentation going on with hardware. There are theoretical models that point to the inevitability of global adoption. It is only a matter before the gearheads create the killer app. Then 1000 USD will fly by like road sign on the Autobahn.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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lassdas
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January 16, 2013, 03:28:36 PM |
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Never.
$100.. more realistic, maybe a short bubble like the $30+ days/hours... but no, not for a long period of time.
Is it never, or not for a long period of time now?  And what makes $100 more realistic? |
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server
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1 BTC =1 BTC
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January 16, 2013, 03:46:30 PM |
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Never.
$100.. more realistic, maybe a short bubble like the $30+ days/hours... but no, not for a long period of time.
Is it never, or not for a long period of time now? Ok. $1000 never. And what makes $100 more realistic?
It's 10 times less then $1000. But $100 means a market of us$ 2.1 billion... ok us$ is weak.. but... it's a lot. |
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