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Author Topic: Bitcoin price in 5 years - 2/2013  (Read 3598 times)
notig (OP)
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February 03, 2013, 02:14:31 AM
 #1

Go!

I'm going to say 99 dollars per BTC.
adamstgBit
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February 03, 2013, 02:16:34 AM
 #2

5$  Wink

Melbustus
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February 03, 2013, 02:17:50 AM
 #3

1/4ozAU / BTC

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February 03, 2013, 02:19:51 AM
 #4

Between $200-$2000
Bowjob
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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.
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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

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ArticMine
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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
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February 03, 2013, 03:19:22 AM
 #8

75% probability of $0.

25% probability of $10,000+.
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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.
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February 03, 2013, 03:53:41 AM
 #10

75% probability of $0.

25% probability of $10,000+.

This is probably spot on.

Bowjob
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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
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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
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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.



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February 03, 2013, 08:19:00 AM
 #14

3 oz AU

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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
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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.

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February 03, 2013, 09:03:47 AM
 #17

I think we will be close to a 5 billion dollar market cap by 2018.
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February 03, 2013, 09:37:42 AM
 #18

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

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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.
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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.



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