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Question: How valuable will 1 Bitcoin be 2 years from now?  (Voting closed: May 02, 2013, 07:48:12 AM)
$1000 - 30 (34.1%)
$5000 - 23 (26.1%)
$10,000 - 12 (13.6%)
$100 - 16 (18.2%)
More than we can fathom - 7 (8%)
Total Voters: 88

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Author Topic: How valuable will 1 Bitcoin be 2 years from now? Make an educated guess.  (Read 1598 times)
Luckybit
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April 02, 2013, 07:48:12 AM
 #1

This is really simple but I want the newbie perspective on this even though I lurk in the speculator section I consider myself new because I barely have 4-5 Bitcoins. The question is, how many much will those 4-5 Bitcoins be worth in a couple years?

Do you seriously believe that we can make a living doing this?
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Luckybit
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April 02, 2013, 08:06:36 AM
 #2

Such a guess can only be speculation and not an "educated" guess.

Feel free to speculate my friend.
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April 02, 2013, 08:13:38 AM
 #3

Such a guess can only be speculation and not an "educated" guess.

I disagree, someone who is far better than math at me could look at the current rate of printing going on as well as various political activities like Cyprus to make a very good educated guess on how much it's going to be worth in USD. As for the other currencies, it depends on what the other countries are planning, but they all seem desperate to hold onto power so they'll probably go the same way as the USD eventually.
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April 02, 2013, 08:55:02 AM
 #4

I see $300 end 2013 provided continuing turmoil in eurozone .If the euro cripples down, then $900 is a fair price..

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April 02, 2013, 09:09:14 AM
 #5

might have to change that second last option, it's already over 100!  Smiley http://blockchain.info/charts/market-price
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April 02, 2013, 09:39:02 AM
 #6

I'm putting my money on them becoming either really expensive ($300+) or really cheap (under $15)
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April 02, 2013, 09:44:56 AM
 #7

This is really simple but I want the newbie perspective on this even though I lurk in the speculator section I consider myself new because I barely have 4-5 Bitcoins. The question is, how many much will those 4-5 Bitcoins be worth in a couple years?

Do you seriously believe that we can make a living doing this?

Make a living doing *what*? Trading virtual currency? Only if you are very lucky. Mining virtual currency? Only if you have a shit ton of money to spend on a mining rig.
Jace
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April 02, 2013, 09:49:08 AM
 #8

In one year from now, somewhere between $400 and $1000.
In two years from now, somewhere between $1000 and $3000.

Regardless of the recent rise (which is history and thus should be ignored), there is much, SO MUCH more potential in Bitcoin. Combined with all the shit that's going on with the euro and dollar (which can only go one way: down hill) and the new possibilities, freedom, independency and safety that Bitcoin offers for people's money, I see things going sky high in the near future.


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April 02, 2013, 10:17:23 AM
 #9

I think around 1.000$ would be normal.

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April 02, 2013, 10:24:14 AM
 #10

It is hard to make an educated guess.

I think the price will be closely linked to its real-life-real-objects usage. Can you buy milk with Bitcoins in two years? If yes: Very valuable If no: Not so much.

(Substitute Milk with any other product)

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Acesbomb
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April 02, 2013, 11:32:05 AM
 #11

Depends, if the Euro or USD are still around in 2 years.  Cheesy
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April 02, 2013, 12:40:06 PM
 #12

OK - the recent rise has been largely "blamed" on the trouble in Cyprus. Cyprus is a tiny economy.

But the EU has been full of near disasters in the last 5 years. Anyone in the UK will remember Northern Rock bank. The bitcoin didn't exist then, not in the public consciousness anyway.

In the future, when banking crises occur in Europe, and they will occur due to the EU putting sticking plasters on massive economic problems, people from those countries will head to the bitcoin.

If lots of Germans or Brits headed to the bitcoin for example, you can wave $200, $300 per bitcoin goodbye very easily.

So my guess is the genie is out of the bag thanks to Cyprus. Every new major EU banking crisis will add $50 to $100 to the bitcoin price, more for the major EU economies.
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April 02, 2013, 12:57:12 PM
 #13

I'm going to guess around $200.

But IMO bitcoin is better off without the investors because it needs long term sustainability.  Investors will leave once a bubble and subsequent crash occurs.  Long term users who use it to buy and sell will not leave as long as bitcoin does what they need.
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April 02, 2013, 01:04:30 PM
 #14

I picked $1000, but think that $300-$400 is more likely.  When (if) a large number o ASIC devices go online then the value may go down as supply could increase slightly faster.  I guess the increase in difficulty should nip that in the bud, but if BTC availability rapidly increases the value may level off.  Or it could be the opposite as people scramble to hold on to a few for speculation...
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April 02, 2013, 01:06:22 PM
 #15

Over 1k, how much i'm not sure. maybe around 3.5k per BTC.

Thats ballparking that it can grow just .5% per day for the next 2 years.

But remember the worth of the $ will also be less in 2 years.


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April 02, 2013, 01:19:37 PM
 #16

Around 10k after Russia enforces the 10k cash-carry limit in 2015.

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April 02, 2013, 01:44:36 PM
 #17

I think we're in a bubble right now, approaching a peak (I could be wrong); I'm expecting it to be worth somewhat less than or maybe around $100. Could be totally wrong.
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April 02, 2013, 01:48:47 PM
 #18

Depends, if the Euro or USD are still around in 2 years.  Cheesy

If the Argentinian Peso can still be around, I'm pretty sure we'll still have plenty of room for and be seeing Greenbacks.

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April 02, 2013, 01:58:43 PM
 #19

In 2 years eighter it hit little over $1000 or will be under $1. Depends if goverments begin "to fight back" bitcoin drugs/terrorist/money laundering.
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April 02, 2013, 02:03:37 PM
 #20

2 years is too far out.  Even 6 months is too far out. There are too many variables to consider. It's even difficult to speculate what the price might be at the end of April  If things continue on the current trajectory, then we're looking at close to $200 by the end of this month.  But only if the price pattern adheres to the current trend.

What I'm about to put forward is more along the lines of an investors/speculators reasoning and not the reasoning of a BTC - kill the banks zealot. What we're missing is (I'm going to create a new word here) "INSTANTY".  There needs to be a mechanism in place that would permit a purchaser to rapidly fund their account so that the purchase of a BTC can be almost instantaneous.  Think about, by the time that you make the decision to purchase a coin, to the time you fund your account and then hit the buy button, the darn coin might have increased 5% - 10%.  The use of a credit card would assist with that, but we all know how those attempts went.  

I read on the forum a discussion about getting BTC into the FX market.  That would be awesome to say the least. If we were to attract credit into our market, then the price of a BTC would go through the roof and into the clouds. If Mt.Gox became something akin to an E-Trade where we could buys shares of a currency/fund/stock that was attached to BTC and our account could be buttressed by MARGIN, then we'd be able to purchase 2x (or 10x) our account holdings.  Now that would drive the price of each coin into triple digits at minimal.

And we're not even talking about main stream adoption yet. That would push it even higher.  

Just my 2 cents.



 
 
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