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Question: How high can bitcoin go in the next 2 years?  (Voting closed: June 15, 2011, 11:10:30 AM)
it has already peaked at 30 on June 10 - 5 (7.8%)
50 - 7 (10.9%)
100 - 10 (15.6%)
500 - 10 (15.6%)
1.000 - 12 (18.8%)
5.000 - 5 (7.8%)
10.000 or more - 15 (23.4%)
Total Voters: 64

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Author Topic: How high can bitcoin go in the next 2 years?  (Read 3847 times)
Neyo
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June 11, 2011, 11:10:30 AM
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How high can bitcoin go in the next 2 years?
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Sjalq
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June 11, 2011, 11:14:09 AM
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With 1000 new members joining this board in the last 18 hours you tell me where you think the price of something so limit as bitcoins is going?

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newunit16
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June 11, 2011, 11:17:39 AM
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depends on a) how many vendors will accept it as payment for goods and b) how many people adopt. these will determine its value and are rather related to each other. i estimate a rather large jump in the next 6 months if a major retail market starts to accept them, followed by a slow decline and then another large bump as more retailers start to accept BTC. after that it should be a rather steady rise as more people accept and adopt BTC as a useable currency.

i say 6 months as just an estimate for a large well known online retail outlet to start accepting BTC. if you're smart, you will hang onto your BTC in hopes for this to happen. i will be:)
Cluster2k
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June 11, 2011, 11:18:51 AM
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With 1000 new members joining this board in the last 18 hours you tell me where you think the price of something so limit as bitcoins is going?

1000 in the last 18 hours?  There are 19250 members at time of writing.  The number of users increased by 5%?  Extraordinary.

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June 11, 2011, 11:33:01 AM
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It could go up to 1 million dollars or down to 0.01$.

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June 11, 2011, 11:35:04 AM
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With 1000 new members joining this board in the last 18 hours you tell me where you think the price of something so limit as bitcoins is going?

1000 in the last 18 hours?  There are 19250 members at time of writing.  The number of users increased by 5%?  Extraordinary.

Don't know about the last 18 hours, but the stats page says over 5k in June so far.

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June 11, 2011, 11:35:37 AM
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It could go up to 1 million dollars or down to 0.01$.

Is that supposed to be a 95% CI?   Tongue

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June 11, 2011, 11:38:04 AM
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1000 in the last 18 hours?  There are 19250 members at time of writing.  The number of users increased by 5%?  Extraordinary.

19262 (+0.062% since you posted, 17 mins ago, equivalent to 113,438% annual growth)

I voted 10k, and i believe we can reach Berkshire parity at some point.

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June 11, 2011, 11:40:34 AM
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Like most small cap stocks the short term value is going to be directly related to the volume of news. I think we'll see a slow decline to about $10, until the next big event happens (Big merchant accepting bitcoins, Silk road 2.0 etc). In the long term, if people actually start using bitcoins as a currency, the sky is the limit (but i'm not seeing a lot of evidence of this happening at the moment).

Just my 0.02bitcent

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June 11, 2011, 11:44:47 AM
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Like most small cap stocks the short term value is going to be directly related to the volume of news. I think we'll see a slow decline to about $10, until the next big event happens (Big merchant accepting bitcoins, Silk road 2.0 etc). In the long term, if people actually start actually using bitcoins as a currency, the sky is the limit (but i'm not seeing a lot of evidence of this happening at the moment).

Just my 0.02bitcent

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June 11, 2011, 03:30:17 PM
 #11

I think we could top off at $100 (Giving an eventual value of 2.1 Billion) if some major gambling sites and online stores start accepting BTC. But until then I see $10-20 being the average price. This latest drop shows $30 is still too high of a valuation.

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