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Author Topic: Bitcoin price in 5 years - 2/2013  (Read 3308 times)
proudhon
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February 03, 2013, 12:11:12 PM
 #21

~$50
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Vladimir
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February 03, 2013, 12:42:08 PM
 #22

Another stab at it.

100 000 000 000 000 USD (one hundred trillion US dollars), give or take one-two zeroes, lol

P.S. BTW the guess in my post above still stands i.e. both 100 000 000 000 USD and 1 oz of gold could be possible at the same time.

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February 03, 2013, 12:44:14 PM
 #23

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.
I think most statements involving USD assume a constant USD value, even if that's not the reality. So what actually is meant is the value of today's USD.
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February 03, 2013, 12:44:35 PM
 #24

I say around $1000. That is in today's dollar purchasing value.

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February 03, 2013, 01:25:46 PM
 #25

US$6,189 in 2013 dollars  Cool

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Bowjob
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February 03, 2013, 01:31:40 PM
 #26

 Shocked Whatever it is you guys are smoking, stop. The correct value is $9421.02 on Feb 4, 2018

It seemed like a good idea at the time.
muyuu
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February 03, 2013, 01:43:18 PM
 #27

$100 in today's purchasing power.

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February 03, 2013, 03:36:06 PM
 #28

exactly 1 BTC minus exchange commision! Smiley

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February 03, 2013, 03:51:53 PM
 #29

$50 in 2018's purchasing power.
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February 03, 2013, 10:56:40 PM
 #30

No, by that time, there is no other currency, no exchange rate Cool

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February 03, 2013, 11:05:46 PM
 #31

It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

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February 03, 2013, 11:16:45 PM
 #32

It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

If there is really a fork with unlimited transaction size, then most will follow it without questioning, people are ignorant, as long as their coins are valid Grin

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February 03, 2013, 11:19:03 PM
 #33

The oracle say realistically between $0.00000099 and $99999999.99!

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February 03, 2013, 11:45:10 PM
 #34

It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

If there is really a fork with unlimited transaction size, then most will follow it without questioning, people are ignorant, as long as their coins are valid Grin

It's not a bug, it is a feature.

P.S. Ignorance, is definitely a factor with Bitcoin, however.


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February 04, 2013, 01:17:16 AM
 #35

It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

If there is really a fork with unlimited transaction size, then most will follow it without questioning, people are ignorant, as long as their coins are valid Grin

It's not a bug, it is a feature.

P.S. Ignorance, is definitely a factor with Bitcoin, however.



is there a possibility of bitcoin not forking though?  Is the feature of the block size limit to make transactions more profitable to entice more miners once the bitcoins have been mined?
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February 04, 2013, 02:30:43 AM
 #36

If the usd collapses $10k+

If not $500-$1000

If a major flaw is found in the code or encryption $0-$5

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February 04, 2013, 07:04:58 PM
 #37

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


I agree.  I don't give the dollar much chance of survival in 5 years ( well, the name could be the same but wouldn't be surprised if its worth 1/10 -  1/100 of what it is now.

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November 04, 2017, 04:22:56 AM
 #38

It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

How prescient!
thecodebear
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November 04, 2017, 07:22:01 AM
 #39

It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

How prescient!

haha wow nice find. I enjoyed seeing people's predictions. and then read that post and was like wow he was spot on 5 years ago!
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November 04, 2017, 09:01:46 AM
 #40

It's very possible in 5 years time there could even be a war within Bitcoin itself.  The problem with the 1MB size limit for example and how to deal with it.  As problems and solutions come up, I could see forks in Bitcoin as a possibility.  Some people go with Bitcoin-y for a certain reason while others go with Bitcoin-x for other reasons.

If that's the case then the early, pre-fork Bitcoins would be more valuable as they could be used on all chains.  An early adopter bonus, if you will.

How prescient!
Five years ago, they made really accurate predictions, and what they say is not happening. the username gives us a clue."prophet" Smiley



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