A year from now (2014/04/05)

[yokosan]

I predict that a year from now the bitcoin price will be in the quadruple digits.  I just want to enshrine this prediction in its own thread.  I hope somebody remembers to dig this up a year from now.  In the meantime I hope to take advantage of the current bitcoin bubble.  My the odds be ever in my favor.

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[Arzack]

[ ] arguments

[Elwar]

I predict the price at $2,346 at some point that day.

[Ozymandias]

If we're pulling guesses out of our asses (the only way I'm qualified to guess), I'll predict that at some point on 4/15/14 the exchange rate for a single bitcoin will be ~$1,728

[smoothie]

Here is my prediction: $5001.01 per bitcoin 

[oakpacific]

Here is mine: (some single digit number)*(proudhon's pension)/BTC

[IIOII]

Well, I've been wrong in the past - so why not do another prediction?

I'd say $ 300 / BTC - after a big correction.

[turboNOMAD]

Random guess: $4000 per 1 BTC on 2014/04/05.
So, let's remember this thread in a year and have a good laugh

[Nikolaj06]

Random guess: $4000 per 1 BTC on 2014/04/05.
So, let's remember this thread in a year and have a good laugh

Or cry miserably..

However I'm still optimistic! Go quintuble digits! :b

[Jobe7]

I predict by August (2013) btc will be worth roughly $100,000 probably more. Really depends on the evolutionary stages (as to when they occur).

By the end of April (2013), hmm... closing in on $800 to $1,000

I have my reasons

You heard it here first.

By April 2015 .. really again depending on when the evolutionary stages occur, but at a totally rough guess, $500k to $1 mil.

The fiat collapse will happen faster than you think.

[LoweryCBS]

I predict 136.14

No, wait... make that 136 even.

... hold on ... calling it ...  136.81

Edit: 136.99

[Ekaros]

60

[mp420]

Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05

[Piper67]

Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05

Nah. By 2015 we're either established or dead. Bitcoin has exploded so much in the media lately, it's not likely to simply fade away. In the next few months the big money will have to decide whether it chooses to move in or not. The bad news is that big money is notoriously fearful. The good news: It only takes one, the rest will follow.

[BitcoinAshley]

See, the Proudhon thread from early 2012 that Op copies almost ad verbatim here (i c wut u did), has Proudhon predicting single digits at this time (he was two digits off.) And the average prediction from other posters in that thread is around $14, which is a tenth of what it is now, a year later. What does this mean?

In April 2012, both the bears AND the bulls were way off, and predicted a price between 10 and 100 times lower than it is today. We need to use a new animal - perhaps the vulture? A big black scary-looking vulture with a cascascius coin hanging off a gold bling chain around its neck, and of course, grasped within its talons is a sinister package that it is delivering anonymously (next day air!) for Silk Road. Naturally, the vulture is a metaphor for the hungry, circling bitcoiners moving in on the sickly, decaying banksters and devouring the last bits of their wealth.

Now, Proudhon is stuck in a perpetual price microcosm and continues to see every single 2-hour 10% decrease (even if it is followed by a massive upswing) as sign of a humongous long crash lasting 6 months and bringing us back to single digits, so perhaps we need to start calling him a "dodo bird" or similar animal that is renowned for being silly and/or stupid. "Bear" is almost a compliment.

So I'm going to go ahead and say that in a year's time, 1 BTC will be at least $10,000 USD, but really I think 100,000 isn't too much of a stretch.

i seem to remember something about extrapolation... nah, not important. I'll be retiring in 6 months at age 24, folks. XKCD can go suck it.

[humanitee]

Haha, this is the most bullish thread ever.

I think it'll be around $1000 if we're lucky.

[Zaih]

I have high hopes that it'll hit 4 digits this year!

[justusranvier]

If the price grows at 5% weekly starting from 2013-01-01, $320
If the price grows at the lifetime average weekly rate of 7.3%, $1400
If the price grows at the rate it has achieved in 2013, $1.1 million.

[Piper67]

If the price grows at 5% weekly starting from 2013-01-01, $320
If the price grows at the lifetime average weekly rate of 7.3%, $1400
If the price grows at the rate it has achieved in 2013, $1.1 million.

Your maths is wrong. Doubling time is roughly 70 divided by the percentage increase per cycle. 70/5 = 14. That puts us at $260 in 14 weeks, and $520 14 weeks after that.

Compound's a bitch 

[justusranvier]

Your maths is wrong.

It's approximate. Calculation method is a spreadsheet that multiplies the cell above by 1.05.

[Elwar]

If the price grows at 5% weekly starting from 2013-01-01, $320
If the price grows at the lifetime average weekly rate of 7.3%, $1400
If the price grows at the rate it has achieved in 2013, $1.1 million.

Ok, so somewhere between $320 and $1.1 million. Can we hold you to that prediction?

[bb113]

Either zero or between 72 and graham's number.

...the observable universe is far too small to contain an ordinary digital representation of Graham's number, assuming that each digit occupies at least one Planck volume. Even power towers... are useless for this purpose, although it can be easily described by recursive formulas using Knuth's up-arrow notation or the equivalent, as was done by Graham. The last ten digits of Graham's number are ...2464195387.

https://en.wikipedia.org/wiki/Graham%27s_number
https://www.youtube.com/watch?v=XTeJ64KD5cg

[justusranvier]

Ok, so somewhere between $320 and $1.1 million. Can we hold you to that prediction?

Either between $320 and $1.1 million, or $0.

[BitcoinTate]

See, the Proudhon thread from early 2012 that Op copies almost ad verbatim here (i c wut u did), has Proudhon predicting single digits at this time (he was two digits off.) And the average prediction from other posters in that thread is around $14, which is a tenth of what it is now, a year later. What does this mean?

In April 2012, both the bears AND the bulls were way off, and predicted a price between 10 and 100 times lower than it is today. We need to use a new animal - perhaps the vulture? A big black scary-looking vulture with a cascascius coin hanging off a gold bling chain around its neck, and of course, grasped within its talons is a sinister package that it is delivering anonymously (next day air!) for Silk Road. Naturally, the vulture is a metaphor for the hungry, circling bitcoiners moving in on the sickly, decaying banksters and devouring the last bits of their wealth.

Now, Proudhon is stuck in a perpetual price microcosm and continues to see every single 2-hour 10% decrease (even if it is followed by a massive upswing) as sign of a humongous long crash lasting 6 months and bringing us back to single digits, so perhaps we need to start calling him a "dodo bird" or similar animal that is renowned for being silly and/or stupid. "Bear" is almost a compliment.

So I'm going to go ahead and say that in a year's time, 1 BTC will be at least $10,000 USD, but really I think 100,000 isn't too much of a stretch.

i seem to remember something about extrapolation... nah, not important. I'll be retiring in 6 months at age 24, folks. XKCD can go suck it.

+1 I will also be retiring at the ripe old age of 25

[bitcon]

my prediction: $5150/btc

[maxmint]

Either zero or between 72 and graham's number.

...the observable universe is far too small to contain an ordinary digital representation of Graham's number, assuming that each digit occupies at least one Planck volume. Even power towers... are useless for this purpose, although it can be easily described by recursive formulas using Knuth's up-arrow notation or the equivalent, as was done by Graham. The last ten digits of Graham's number are ...2464195387.

https://en.wikipedia.org/wiki/Graham%27s_number
https://www.youtube.com/watch?v=XTeJ64KD5cg

Grahams's number. Wow. I do have high expectations, but Graham's number – we just won't reach that

[Adrian-x]

All random estimates :
Me: up of $32,000
5 year old: $700
7 year old: $1048.41
Wife: $500
Dog: $0

[BitcoinTate]

For BTC to hit $100,000 within 10 years there would obviously have to be an average increase of $10,000 per year. Since most internet adoptions occur exponentially and I see no reason for BTC not to be worth at least $1 million 10 years from now. I would guess BTC might hit $10,000 by the end of this year. We will hit $300 by April 15th.

[BitcoinAshley]

Dog: $0

I would expect at least a $Woof. Your dog's more bearish than Proudhon!

Remind the dog that more bitcoin income means you can afford the fancy dog food. Remind her that according to the AAFCO, vague terms in the bargain kibble ingredients like "rendered bone meal" tend to mean unscrupulous things like "euthanized dogs and cats with pentobarbitol ground up and bathed in acid then added to pet food for dogs and cats." In no time your dog will be barking for $1000 by May. 


... Can we take a similar approach with Proudhon?

[zoinky]

I think were few years away from the growth a majority of the people in this thread are predicting.  We will definitely see some sort of crazy volatile event by this time next year in which a lot of people will lose a lot of money. 

[Transisto]

I predict that a year from now the bitcoin price will be in the quadruple digits.  I just want to enshrine this prediction in its own thread.  I hope somebody remembers to dig this up a year from now.  In the meantime I hope to take advantage of the current bitcoin bubble.  My the odds be ever in my favor.

[foo]

i seem to remember something about extrapolation... nah, not important. I'll be retiring in 6 months at age 24, folks. XKCD can go suck it.

 +1

[XXthetimeisnowXX]

Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05

Nah. By 2015 we're either established or dead. Bitcoin has exploded so much in the media lately, it's not likely to simply fade away. In the next few months the big money will have to decide whether it chooses to move in or not. The bad news is that big money is notoriously fearful. The good news: It only takes one, the rest will follow.

INDEED! 

[theowalpott]

Just to get my guess in: I'm gonna estimate it'll be trading for $14.43 at some point on that day. Eventually Proudhon is going to be right!

[Wekkel]

I say $250 and stable.

[mp420]

Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05

Nah. By 2015 we're either established or dead. Bitcoin has exploded so much in the media lately, it's not likely to simply fade away. In the next few months the big money will have to decide whether it chooses to move in or not. The bad news is that big money is notoriously fearful. The good news: It only takes one, the rest will follow.

Back in 2011, when the price shot above $10, I was convinced Bitcoin would never drop below $4 again. Yet down it came.

I see single digits as a possibility even now. The market sentiment changed a lot in late 2011. It can turn around again.

[Newscastix]

Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05

Nah. By 2015 we're either established or dead. Bitcoin has exploded so much in the media lately, it's not likely to simply fade away. In the next few months the big money will have to decide whether it chooses to move in or not. The bad news is that big money is notoriously fearful. The good news: It only takes one, the rest will follow.

Back in 2011, when the price shot above $10, I was convinced Bitcoin would never drop below $4 again. Yet down it came.

I see single digits as a possibility even now. The market sentiment changed a lot in late 2011. It can turn around again.

My take:

Back then it was an even smaller market, drastic changes can happen fast...
Today everyone knows bitcoin is for real and is waiting for cheap coins, any crash towards 50 or below and people will be buying like mad...

Maybe i'm dead wrong...

[Luckybit]

Your maths is wrong.

It's approximate. Calculation method is a spreadsheet that multiplies the cell above by 1.05.

Can you take a screenshot

[Luckybit]

I think were few years away from the growth a majority of the people in this thread are predicting.  We will definitely see some sort of crazy volatile event by this time next year in which a lot of people will lose a lot of money. 

How can you lose money if you don't SELL OUT?

[TheJuice]

Its quite funny reading this thread and shows how drastically the sentiment has changed from a year ago. The 2012 version washumorous in retrospect because the highest guess was a magnitude off. In this thread, save a prediction everyone is anticipating around a 10-100x increase.

in a year we will read this and I hope Im wrong but my guess is we will be disappointes.


for fun: $4.2 per mBTC.

[matt608]

I'll throw in a guess at $1750 per BTC this time next year, though we could have smacked up against $2000 and corrected down within that time.

[hous]

$1,000,000.09-$1,000,000.89

[yolo2222]

end of april: 250 $

end of 2013: 2500 $

[Charm Quark]

I'm excited to see just how high it can get

[tonto]

I predict somewhere in the range of $0 and $1,000,000,000,000,000,000,000,000 per bitcoin. 

[Jobe7]

you're all thinking too linear, its all about exponential growth

[ajk]

983.26

[hous]

If i sell my push bike for a 5 bitcoins now next year i will be able to buy a super car i think .

[coretechs]

$315 +/- $10   

[falcoiii]

The max value between now and 2014/04/05 will be $1000 +/- $200.

The actual price will be $687... +/- $687

[piramida]

I assume the math is right and I do believe it is not too risky.  

Can't tell if this is a joke or not, but one thing for sure - if it grow to 1000 or above, you will be dearly sorry that you only bought 0.12. Same thing with "early adopters" sorry now they only bought 100, 1000 etc. There's no stopping the greed

[ManBearPig]

A year from now: I'm sure it will be higher but will have been lower before it gets there

How about where we *could* be in 21 days time?

[Wekkel]

Already counting 

[Luckybit]

I predict that a year from now the bitcoin price will be in the quadruple digits.  I just want to enshrine this prediction in its own thread.  I hope somebody remembers to dig this up a year from now.  In the meantime I hope to take advantage of the current bitcoin bubble.  My the odds be ever in my favor.

I expect it to be $5000-10,000 a year from now. Perhaps even more than $10,000.

[BitcoinTate]

I predict this is how most of us will be feeling this time next year:

[Krabby]

I think we are all deluded.

[chrsjrcj]

$140

[w00t]

There is literally too many variables.

Considering all the benefits BTC has, let's say:

7 777 USD per BTC

But I would not be too much surprised if the price goes into 5 digits range (or more) if we have more Cypruses

so 77 777 USD per BTC might be also a good guess.

[Adrian-x]

The average last year (2012 prediction for 2013) was around $14, the guess here are crazy.

[Adrian-x]

Bump,
There was a lot more Bull around here a year ago. This tread contains predictions from this time last year fun read.

the predictions from 2012. https://bitcointalk.org/index.php?topic=76716.0 fun read too.

Dog: $0

I would expect at least a $Woof. Your dog's more bearish than Proudhon!

Remind the dog that more bitcoin income means you can afford the fancy dog food. Remind her that according to the AAFCO, vague terms in the bargain kibble ingredients like "rendered bone meal" tend to mean unscrupulous things like "euthanized dogs and cats with pentobarbitol ground up and bathed in acid then added to pet food for dogs and cats." In no time your dog will be barking for $1000 by May.  


... Can we take a similar approach with Proudhon?

yip underestimated DogeCoin

[serenitys]

Their problem?

Everyone was just guessing and taking shots in the dark, as they're doing now for the 2015 thread instead of looking around at the technology erupting right in front of them around the world and products and companies who are incorporating bitcoin, accepting it in a major way, which means their respective customers will be moving to bitcoin at a massive rate...which is where the next wave of money is going to come from.

Bitcoin's value doesn't happen in a vacuum. There's shit going on in the world that sends people to it - and it's not fake media manipulating the candyasses.

[grahvity]

I predict that a year from now the bitcoin price will be in the quadruple digits.  I just want to enshrine this prediction in its own thread.  I hope somebody remembers to dig this up a year from now.  In the meantime I hope to take advantage of the current bitcoin bubble.  My the odds be ever in my favor.

saved

[kooke]

Only 1 guess was within $50 of the current price. Just goes to show that no one can predict the long term price and everyone was just throwing out numbers out of thin air.

[Bit_Happy]

$7,776 might be too high, but...
These markets have proven the ability to go crazy!

[serenitys]

Just in my short going on day 2 as signed up on this forum I have to agree this market seems pretty spastic. It's not volatile like up awhile and down awhile; it's more like OMGOMGOMGUPPPPPPNODOWNDOWNDOWN OMGOMGOG UP UP UP CHINA IRS DOWN OMGOMG HAAALP

Makes a girl dizzy.

I do have to agree that it seems to be holding in the $400 range but will likely go back up here shortly for about a month, but then these other tech announcements that incorporate or accommodate bitcoin at the social level will see the general public starting to use bitcoin, and from that pool, a huge upsurge of investing from those who have the V8 moment about its future and its principles.

Soon as the exchange links up my account I'm going to start picking up BTC, even if it drops lower - and if so, I'll pick up more - and ride up smiling.

[PoolMinor]

Prediction for 2015/04/05 :

$14,156.61/BTC

Based on a 6.18% increase every 6.18 days for the next year.