yokosan (OP)
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April 05, 2013, 06:37:28 AM |
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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
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April 05, 2013, 06:47:20 AM |
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[ ] arguments
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Elwar
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Viva Ut Vivas
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April 05, 2013, 06:49:18 AM |
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I predict the price at $2,346 at some point that day.
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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Ozymandias
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April 05, 2013, 07:09:06 AM |
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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
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smoothie
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LEALANA Bitcoin Grim Reaper
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April 05, 2013, 09:07:25 AM |
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Here is my prediction: $5001.01 per bitcoin ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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| . ★☆ WWW.LEALANA.COM My PGP fingerprint is A764D833. History of Monero development Visualization ★☆ . LEALANA BITCOIN GRIM REAPER SILVER COINS. |
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oakpacific
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April 05, 2013, 09:17:07 AM |
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Here is mine: (some single digit number)*(proudhon's pension)/BTC
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IIOII
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April 05, 2013, 09:43:51 AM |
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Well, I've been wrong in the past - so why not do another prediction? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I'd say $ 300 / BTC - after a big correction.
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turboNOMAD
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April 05, 2013, 12:55:07 PM |
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Random guess: $4000 per 1 BTC on 2014/04/05. So, let's remember this thread in a year and have a good laugh ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Nikolaj06
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WINSTARS - We are changing the face of gambling
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April 05, 2013, 01:18:55 PM |
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Random guess: $4000 per 1 BTC on 2014/04/05. So, let's remember this thread in a year and have a good laugh ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Or cry miserably.. However I'm still optimistic! Go quintuble digits! :b
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Jobe7
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Now they are thinking what to do with me
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April 05, 2013, 01:52:08 PM |
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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 ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) 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.
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LoweryCBS
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firstbits 1LoCBS
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April 05, 2013, 01:54:31 PM |
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I predict 136.14
No, wait... make that 136 even.
... hold on ... calling it ... 136.81
Edit: 136.99
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Ekaros
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April 05, 2013, 02:22:08 PM |
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60
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mp420
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April 05, 2013, 02:27:47 PM |
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Hm, let's say $50. After a bubble, a crash, and some recovery. And $500 by 2015/04/05
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Piper67
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April 05, 2013, 02:32:29 PM |
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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.
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BitcoinAshley
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April 05, 2013, 02:35:49 PM |
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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.
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humanitee
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April 05, 2013, 02:38:26 PM |
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Haha, this is the most bullish thread ever.
I think it'll be around $1000 if we're lucky.
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| Whitepaper Medium Reddit
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Zaih
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April 05, 2013, 02:39:04 PM |
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I have high hopes that it'll hit 4 digits this year!
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justusranvier
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April 05, 2013, 02:39:51 PM |
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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.
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Piper67
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April 05, 2013, 02:46:12 PM |
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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 ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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justusranvier
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April 05, 2013, 02:52:27 PM |
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Your maths is wrong. It's approximate. Calculation method is a spreadsheet that multiplies the cell above by 1.05.
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