Bitcoin Forum
May 09, 2024, 10:55:25 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Bitcoin price in 5 years - 2/2013  (Read 3576 times)
notig (OP)
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250


View Profile
February 03, 2013, 02:14:31 AM
 #1

Go!

I'm going to say 99 dollars per BTC.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715295325
Hero Member
*
Offline Offline

Posts: 1715295325

View Profile Personal Message (Offline)

Ignore
1715295325
Reply with quote  #2

1715295325
Report to moderator
adamstgBit
Legendary
*
Offline Offline

Activity: 1904
Merit: 1037


Trusted Bitcoiner


View Profile WWW
February 03, 2013, 02:16:34 AM
 #2

5$  Wink

Melbustus
Legendary
*
Offline Offline

Activity: 1722
Merit: 1003



View Profile
February 03, 2013, 02:17:50 AM
 #3

1/4ozAU / BTC

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
evoorhees
Legendary
*
Offline Offline

Activity: 1008
Merit: 1021


Democracy is the original 51% attack


View Profile
February 03, 2013, 02:19:51 AM
 #4

Between $200-$2000
Bowjob
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
February 03, 2013, 02:20:30 AM
 #5

1000.32 I am six significant figures sure.

It seemed like a good idea at the time.
smoothie
Legendary
*
Offline Offline

Activity: 2492
Merit: 1473


LEALANA Bitcoin Grim Reaper


View Profile
February 03, 2013, 02:48:17 AM
 #6

2010 - $0.50
2011 - $5.00
2012 - $13.00
2013 - $50.00
2014 - $100.00
2015 - $200.00
2016 - $400.00
2017 - $800.00
2018 - $1600.00

So my guess is at least $1600 per btc

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
ArticMine
Legendary
*
Offline Offline

Activity: 2282
Merit: 1050


Monero Core Team


View Profile
February 03, 2013, 03:08:10 AM
 #7

Over 10000 USD or possibly even over 100000 USD by 2018 are by far the most probable. If Bitcoin does not reach 1% market share by 2018 it is because it has failed drastically, so I will also give a small but finite probability of way under 0.01 USD.

As for the range of 0.01 USD to 10000 USD very unlikely.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card
Zangelbert Bingledack
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


View Profile
February 03, 2013, 03:19:22 AM
 #8

75% probability of $0.

25% probability of $10,000+.
chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
February 03, 2013, 03:20:30 AM
 #9

Over 10000 USD or possibly even over 100000 USD by 2018 are by far the most probable. If Bitcoin does not reach 1% market share by 2018 it is because it has failed drastically, so I will also give a small but finite probability of way under 0.01 USD.

As for the range of 0.01 USD to 10000 USD very unlikely.

I have to say, I kind of fall into this line of thinking.
Luceo
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


Per aspera ad astra!


View Profile
February 03, 2013, 03:53:41 AM
 #10

75% probability of $0.

25% probability of $10,000+.

This is probably spot on.

Bowjob
Sr. Member
****
Offline Offline

Activity: 294
Merit: 250



View Profile
February 03, 2013, 05:28:41 AM
 #11

75% probability of $0.

25% probability of $10,000+.

This is probably spot on.

That's basically suggesting all or nothing, which seems like the least likely scenario in a short 5 years.

Those odds are a delicious gamble though.

It seemed like a good idea at the time.
goldlyre
Hero Member
*****
Offline Offline

Activity: 1101
Merit: 512


View Profile
February 03, 2013, 05:58:28 AM
 #12

I wish to get on a time machine in order to have a look at price of bitcoin in 2018.

evolve
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500


daytrader/superhero


View Profile
February 03, 2013, 08:14:05 AM
 #13

5$  Wink

This. Or in the midst of a double digit bubble (like now)...boom and bust, just like the american economy.



Foxpup
Legendary
*
Online Online

Activity: 4354
Merit: 3044


Vile Vixen and Miss Bitcointalk 2021-2023


View Profile
February 03, 2013, 08:19:00 AM
 #14

3 oz AU

Will pretend to do unspeakable things (while actually eating a taco) for bitcoins: 1K6d1EviQKX3SVKjPYmJGyWBb1avbmCFM4
I am not on the scammers' paradise known as Telegram! Do not believe anyone claiming to be me off-forum without a signed message from the above address! Accept no excuses and make no exceptions!
FreeMoney
Legendary
*
Offline Offline

Activity: 1246
Merit: 1014


Strength in numbers


View Profile WWW
February 03, 2013, 08:25:02 AM
 #15

75% probability of $0.

25% probability of $10,000+.

This is probably spot on.

That's basically suggesting all or nothing, which seems like the least likely scenario in a short 5 years.

Bitcoin has gone from essentially not a money to here in about 3 years. It's gunna be happening for real in 5 or never.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
Jutarul
Donator
Legendary
*
Offline Offline

Activity: 994
Merit: 1000



View Profile
February 03, 2013, 09:01:11 AM
 #16

I say if people quote bitcoin prices they should denominate it in gold. USD won't exist for long.
Currently 1 BTC = 0.4 gram of gold
Thus BTC market cap is about 4 tons of gold. Assuming a max of 21 million coins and equal wealth distribution between bitcoin and gold, we're likely to see a BTC market cap of around 8,000 tons of gold (*/ 2), which would price a BTC at 400 gram of gold, or 21,200 USD by TODAYS gold price.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
zoinky
Hero Member
*****
Offline Offline

Activity: 811
Merit: 1000


Web Developer


View Profile
February 03, 2013, 09:03:47 AM
 #17

I think we will be close to a 5 billion dollar market cap by 2018.
TraderTimm
Legendary
*
Offline Offline

Activity: 2408
Merit: 1121



View Profile
February 03, 2013, 09:37:42 AM
 #18

I think it will defy any attempt to predict its true value.

fortitudinem multis - catenum regit omnia
phatsphere
Hero Member
*****
Offline Offline

Activity: 763
Merit: 500


View Profile
February 03, 2013, 09:46:22 AM
 #19

I want to remind everyone posting here USD values, that it isn't sure if the USD is still around in 5 years. (same goes for the EUR, with a higher probablility). So, maybe some more general measurements are necessary … AU is an example.
Vladimir
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1001


-


View Profile
February 03, 2013, 11:37:19 AM
 #20

Now this is my kind of thread (as opposed to "Bitcoin price in 5 days"). LOL

Optimistically, parity with 1 oz of gold in 5 years. But it is possible that it will be much more than that.



-
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!