Bitcoin Forum
May 06, 2024, 06:18:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 »  All
  Print  
Author Topic: How MUCH will the FINAL BTC be WORTH?  (Read 12856 times)
dinofelis
Hero Member
*****
Offline Offline

Activity: 770
Merit: 629


View Profile
May 22, 2017, 06:00:36 AM
 #41

Asking the "final" price of Bitcoin is useless unless you were talking about within a certain time frame. You may as well ask what the final value of USD, EUR, Dogecoin will be.

what the hell is it with people here and reading comprehension?

here is the question again - How MUCH will the FINAL BTC be WORTH?

that therefore means what will the price be of the final bitcoin to be mined?

now answer it correctly.

Ah, to me the "final bitcoin" was the last bitcoin used (transacted).   People saying that they know now when the final bitcoin will be mined, are making several hypotheses already:
1) that the few lines of code that determine the emission curve of bitcoin will not be modified.  If the current emission scheme remains intact, indeed, the last Satoshi should be mined around 2140 or so, but in fact, these lines can be changed just as much as the block size can be changed: these are two scarcity parameters (one in the transactions market, the other in the satoshis market) that are not guaranteed to remain immutable.

2) that bitcoin will not fork over the ages in a miriad of competing chains, or that even the notion of "chain" gets abandoned.

3) that bitcoins will keep all of them the same price, even though bitcoins are not fungible (each one has a specific history, for instance, it may be that satoshi's original coins, if they start moving, have a special "historical premium" to them).

4) that bitcoin's chain will even still be running in some or other form.

This is why the "last bitcoin" sounds to me rather the "last used bitcoin" (the last transaction).  This can happen 2 years from now, 20 years from now, 2 centuries from now, whatever.  It seems logical to me that the last transaction will be about 0 value.

You could even say that if bitcoin forks off into, say, a PoS coin, then the last true bitcoin has 0 value because it is on a dead chain (another chain continued, but the true bitcoin PoW chain may be dead at a certain point).

You could just as well ask what is the value of "the last Deutsch Mark".  Well, it is zero (apart maybe for some collectors).  Because there were still Deutsch Mark around when Germany switched to the Euro and after a while, declared Deutsch Marks not to be exchangeable any more for Euros.  At that point, these Deutsch Marks became zero, but people mostly had converted their former Deutsch Mark into Euros.  This is similar to a substantive hard fork where the original dies.

1714976337
Hero Member
*
Offline Offline

Posts: 1714976337

View Profile Personal Message (Offline)

Ignore
1714976337
Reply with quote  #2

1714976337
Report to moderator
1714976337
Hero Member
*
Offline Offline

Posts: 1714976337

View Profile Personal Message (Offline)

Ignore
1714976337
Reply with quote  #2

1714976337
Report to moderator
1714976337
Hero Member
*
Offline Offline

Posts: 1714976337

View Profile Personal Message (Offline)

Ignore
1714976337
Reply with quote  #2

1714976337
Report to moderator
The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714976337
Hero Member
*
Offline Offline

Posts: 1714976337

View Profile Personal Message (Offline)

Ignore
1714976337
Reply with quote  #2

1714976337
Report to moderator
NatsuDragneel
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile
May 22, 2017, 06:22:21 AM
 #42

Asked before I'm sure.

What ya think?
There is no final bitcoin that you are saying. The price of the bitcoin is always unstable because it goes up and down. We can't predict that the price of the bitcoin will become stable.
aTriz
Hero Member
*****
Offline Offline

Activity: 1218
Merit: 683


Tontogether | Save Smart & Win Big


View Profile
May 22, 2017, 06:44:20 AM
 #43

Asked before I'm sure.

What ya think?
I am actually not entirely sure what you actually mean by the final bitcoin but i'm going to assume that you mean the bitcoin price when the final bitcoins are being produced.

this is a very complex question because you have to put a lot of variables in - for example the value of fiat when bitcoin is at its final block reward stages when the block rewards are so little they can be ignored is a big question mark. It could collapse, it could be around the same value as it is right now. Nobody can tell but I'm going for the collapse option over the value staying the same option.

I'd say at least $1 million dollars because fiat will be entirely worthless pieces of paper - if we still have the USD and other major fiats, that is.

Schuyler
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
May 22, 2017, 06:48:17 AM
 #44

There will be no final price or exact worth for bitcoin since its value changes from to time, same with other things like fiat and gold. Fiat goes through a period where it loses some of its value, while gold, even if its been around for so long still has some volatility in its price. So the same can be said of bitcoin, even if its gets to live for a hundred more years or so.
Wowcoin
Hero Member
*****
Offline Offline

Activity: 910
Merit: 507



View Profile
May 22, 2017, 06:50:06 AM
 #45

Nothing can say will the final BTC be worth because bitcoin can be go down and up. Like now bitcoin goes up we don't know when to stop getting high. Much better you do if you have bitcoin just keep it because i know bitcoin are continually amazed the investor.
TastyChillySauce00
Legendary
*
Offline Offline

Activity: 2982
Merit: 1028


Leading Crypto Sports Betting & Casino Platform


View Profile
May 22, 2017, 06:50:39 AM
 #46

Asked before I'm sure.

What ya think?
there is no stable price for it even after 100 years price will still depend on the market
bitcoin is use for exchange even someday it will still the same

That's right. The price of bitcoin is purely based on demand and therefore it's definitely more volatile than many government's currencies. In a nutshell, market which determines the price bitcoin deserves.
by the way, there's no such thing as BTC's final. It's like telling something impossible so basically, this question is rather invalid. No exact answer to this question.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
DoublerHunter
Hero Member
*****
Offline Offline

Activity: 2590
Merit: 644


View Profile
May 22, 2017, 06:56:20 AM
 #47

There is no possible price for the final worth of bitcoin because there is still a lot of years to come and i think if you are talking for the final worth of bitcoin now for this year, then i will say that it will be stable and final at 2000 USD per 1 bitcoin. The price of bitcoin is not predictable and based on the price history, bitcoin doesn't fail to surprise us so i think there is a lot of price to wait.
joshy23
Sr. Member
****
Offline Offline

Activity: 1078
Merit: 256



View Profile
May 22, 2017, 07:00:59 AM
 #48

Asked before I'm sure.

What ya think?

I do not know if there will be a final price of bitcoin. We are still mining it as of now and until the last bitcoin is mine, there will be no final price of it. Only thing is certain though, bitcoin will continue to rise in the future. I didn't imagined that bitcoin can breached $2000, and now this mental barrier has been broken and going up still. So to predict is final price is futile.
DaveWave
Sr. Member
****
Offline Offline

Activity: 806
Merit: 250

CryptoTalk.Org - Get Paid for every Post!


View Profile
May 22, 2017, 07:14:01 AM
 #49

At some point an altcoin will surpass bitcoins market cap.
At that point people will realize that any altcoin has the potential to pass bitcoin.
There will be a massive altcoin freenzy, with many more coins and all increasing in value
Finally, everyone will realize that this is all made up money with nothing backing it other than faith and the whole lot will collapse.

TL:DR;
Zero

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
YoBit AirDrop $|
Get 700 YoDollars for Free!
🏆
CoinFoxs
Copper Member
Legendary
*
Offline Offline

Activity: 1722
Merit: 1004

Campaign Management & Translation Service


View Profile
May 22, 2017, 07:35:50 AM
 #50

Bitcoin is unpredictable, we can't tell the final price of bitcoin because bitcoin is unstable and it's price fluctuates, there are some factors that push bitcoin's price by increasing the demand of bitcoin in the market.And when price is high people start selling their coins so price decreases.
dinofelis
Hero Member
*****
Offline Offline

Activity: 770
Merit: 629


View Profile
May 22, 2017, 07:44:09 AM
 #51

At some point an altcoin will surpass bitcoins market cap.
At that point people will realize that any altcoin has the potential to pass bitcoin.
There will be a massive altcoin freenzy, with many more coins and all increasing in value
Finally, everyone will realize that this is all made up money with nothing backing it other than faith and the whole lot will collapse.

TL:DR;
Zero


I think this is a very plausible scenario, but the problem is, this can happen in 6 days, 6 weeks, 6 months, 6 years, 60 years, or 600 years.
Sooner or later, this will collapse, but it can be very, very long before it happens.  It is a belief system, and certain religions keep up a very long time.

tosmartak
Sr. Member
****
Offline Offline

Activity: 630
Merit: 250


View Profile WWW
May 22, 2017, 07:46:31 AM
 #52

There is no way you can know what it's final price is going to be as the market and few factors determines the price over and over hence, the whole fluctuations which makes it quite unpredictable. So if anyone tells you the ending price, it is basically an assumption and nothing else.
aesma
Hero Member
*****
Offline Offline

Activity: 2394
Merit: 916


fly or die


View Profile
May 22, 2017, 12:40:33 PM
 #53

I'll repeat my answer, the final value will be 1BTC.

Many people here talk about the value of 1BTC in dollars. Even though many of them have never touched a dollar.

Personally I've touched a dollar coin, but never been to the US, and never spent it.

So to me, a dollar is worth something in euros. And the BTC is worth something in euros. And one day, it will be the opposite. The euro and the dollar will be worth something in BTC, because I will be living in BTC, my income will be in BTC, and I won't care that much about fiat. So that day, 1BTC will be worth 1BTC.
evok3d
Sr. Member
****
Offline Offline

Activity: 534
Merit: 250


The Protocol for the Audience Economy


View Profile
May 22, 2017, 12:53:18 PM
 #54

I'll repeat my answer, the final value will be 1BTC.

Many people here talk about the value of 1BTC in dollars. Even though many of them have never touched a dollar.

Personally I've touched a dollar coin, but never been to the US, and never spent it.

So to me, a dollar is worth something in euros. And the BTC is worth something in euros. And one day, it will be the opposite. The euro and the dollar will be worth something in BTC, because I will be living in BTC, my income will be in BTC, and I won't care that much about fiat. So that day, 1BTC will be worth 1BTC.

Nice observation! Andreas said the same thing in a video. He said at one point we will stop saying how much is a Bitcoin worth and instead ask how much is a Euro worth in bitcoin. So instead of one bitcoin is 2000 euros, it will be one EUR is worth 0.0005303 BTC. This shift in exchange will change everything Smiley

  M E   D I   A
P  R -    ▄▄███████▄▄   
  ▄██████▀██████▄ 
 ███████   ███████
▐██████     ██████▌
██████▌     ▐██████
▐██████     ██████▌
 ▀██████▄ ▄██████▀
   ▀███████████▀  
      ▀▀▀▀▀▀▀     
- T  O  C - O - L
MEDIA Protocol in Action
              ▄▄██████▄▄
            ▄████████████▄
           █████▌ ▀▀███████
   ▄████▄▄██████     ▀█████▌
 ▄███▀ ▀████████      ▐█████
▐███▌   ▐████████      ████▌
▐███    ██████████▄▄  ▐████
 ▀███▄▄████▀▀████████████▀
   ▀▀███▀▀     ▀▀████▀▀
   ▄▄▄████████████████▄▄▄    
 ████████████████████████▄  
▐███████████████▀▀▀▀▀▀████▌ 
████████████▀▀▀        █████ 
█████████▀             █████ 
███████              ▐█████ 
█████▀               ██████ 
███▌              ▄██████ 
█████             ▄█████████ 
████▌          ▄▄██████████ 
▐████▄▄▄▄██████████████████▌ 
 ▀███████████████████████▀  
   ▀▀███████████████████▀    
DevilSlayer
Sr. Member
****
Offline Offline

Activity: 1414
Merit: 358


View Profile
May 22, 2017, 01:00:02 PM
 #55

Asked before I'm sure.

What ya think?
It is very unpredictable. We can't predict the final worth of the bitcoin. Because there is a time that the worth of bitcoin is suddenly goes up and goes down. There is no Final worth that you are saying.
Omegasun
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
May 22, 2017, 01:05:50 PM
 #56

Asked before I'm sure.

What ya think?
It is very unpredictable. We can't predict the final worth of the bitcoin. Because there is a time that the worth of bitcoin is suddenly goes up and goes down. There is no Final worth that you are saying.

There is no definite amount bitcoin can reach, same with what we experiencing now ot suddenly pump more than expected with a greater amount on value. So we cant really tell what may happen.


Tagz
█▀▀▀▀▀▀█
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█      █
█▄▄▄▄▄▄█

█▀▀▀▀▀▀█
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█ █▀▀▀ █
█  ▄██ █
█ ██▀  █
█ ▄▄▄█ █
█      █
█▄▄▄▄▄▄█
molsewid
Hero Member
*****
Offline Offline

Activity: 2170
Merit: 530


View Profile
May 22, 2017, 01:19:39 PM
 #57

We can't say that so , Bitcoin will be continuously rising and we can't say when it dies or when it grows that much we can only predict what will be the price of bitcoin but what I've read already is bitcoin can be growth till half million dollars as the blog says also blockchain ceo told that bitcoin will be rise on this way.
PhilPrime
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


BlockChainBroker - The Real Estate Exchange


View Profile
May 22, 2017, 02:13:34 PM
 #58

We can't say that so , Bitcoin will be continuously rising and we can't say when it dies or when it grows that much we can only predict what will be the price of bitcoin but what I've read already is bitcoin can be growth till half million dollars as the blog says also blockchain ceo told that bitcoin will be rise on this way.

Theres a possibility that it might happen in near future,but lets not expect too much dince what bitcoin offers now were really great, we just need to save and invest now to grab some future instances of being richer someday.

Nathan047
Sr. Member
****
Offline Offline

Activity: 504
Merit: 250



View Profile
May 22, 2017, 02:19:11 PM
 #59

Well, if you mean the “final Bitcoin” as in the last bitcoin mined then I am guess around 10,000 (although I have no idea, just a guess), of course there will never really be a “final Bitcoin” they’ll just keep circulating.

I'm starting a technology blog T4CH.top, check it out!
cabron
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 598


https://www.betcoin.ag


View Profile WWW
May 22, 2017, 02:21:28 PM
 #60

We can't say that so , Bitcoin will be continuously rising and we can't say when it dies or when it grows that much we can only predict what will be the price of bitcoin but what I've read already is bitcoin can be growth till half million dollars as the blog says also blockchain ceo told that bitcoin will be rise on this way.

Theres a possibility that it might happen in near future,but lets not expect too much dince what bitcoin offers now were really great, we just need to save and invest now to grab some future instances of being richer someday.

BTC has no limit price so it can be a million if its going to survive for years and years from now. But what usually happen is that what goes up will also come down.
There will be some other coin that will also rise might be valuable as ETH as well.

Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!