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Author Topic: What will Bitcoin be worth in 5 years?  (Read 2510 times)
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September 23, 2017, 09:17:46 PM
 #61

I agree that soon the whole world will pass into the crypto currency. But I do not think it will be bitcoin. It seems to me that each country will issue its own national crypto currency

Indeed. Governments have zero interest in adopting one of the already existing crypto currencies if they easily can get their own centralized version developed, and tie to their local fiat currency. It more than ever puts the control in the hands of the governments. Think about them being able to freeze any balance with just a few mouse clicks, that they can give anyone an instant haircut if they think it's necessary, they can follow every step you set wherever you conduct payments, etc. As a person caring about financial freedom and decentralization, this is obviously not going to be much of a help to me. One of the main reasons I use Bitcoin for is that it allows me to avoid dealing with any banking or governmental related entity.

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September 23, 2017, 09:27:43 PM
 #62

I agree that soon the whole world will pass into the crypto currency. But I do not think it will be bitcoin. It seems to me that each country will issue its own national crypto currency

Indeed. Governments have zero interest in adopting one of the already existing crypto currencies if they easily can get their own centralized version developed, and tie to their local fiat currency. It more than ever puts the control in the hands of the governments. Think about them being able to freeze any balance with just a few mouse clicks, that they can give anyone an instant haircut if they think it's necessary, they can follow every step you set wherever you conduct payments, etc. As a person caring about financial freedom and decentralization, this is obviously not going to be much of a help to me. One of the main reasons I use Bitcoin for is that it allows me to avoid dealing with any banking or governmental related entity.

That's right everything in bitcoin is freedom and it's a freewill of everybody in this world. Bitcoin's worth is deeply recognized and even how long years will it be, still it will rise higher within a span of time and even more years to go. Particular investments will grow even higher and will bring us profit and make changes of every people's lives.

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September 23, 2017, 09:34:51 PM
 #63

I agree that soon the whole world will pass into the crypto currency. But I do not think it will be bitcoin. It seems to me that each country will issue its own national crypto currency

Indeed. Governments have zero interest in adopting one of the already existing crypto currencies if they easily can get their own centralized version developed, and tie to their local fiat currency. It more than ever puts the control in the hands of the governments. Think about them being able to freeze any balance with just a few mouse clicks, that they can give anyone an instant haircut if they think it's necessary, they can follow every step you set wherever you conduct payments, etc. As a person caring about financial freedom and decentralization, this is obviously not going to be much of a help to me. One of the main reasons I use Bitcoin for is that it allows me to avoid dealing with any banking or governmental related entity.

That's right everything in bitcoin is freedom and it's a freewill of everybody in this world. Bitcoin's worth is deeply recognized and even how long years will it be, still it will rise higher within a span of time and even more years to go. Particular investments will grow even higher and will bring us profit and make changes of every people's lives.

I agree with what you had said guys but I don't know if I'm too much reading of conspiracies all over the web with some sort of societies and one world government stuffs. I'd read there that there will be a one world currency, gov't and almost everything that will be issued for all the countries will be united with it. And with the one world currency thing, I'm thinking that it will be bitcoin.

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September 23, 2017, 09:38:22 PM
 #64

I predict, that the price will be about 20000 per bitcoin, or maybe there will be some other highprice coin instead of bitcoin)
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September 23, 2017, 09:44:50 PM
 #65

We will be like....  Cool


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September 23, 2017, 11:18:02 PM
 #66

For me After 5 years possible price of bitcoin is more than 15k dollars. Because as of now the price is 3800 dollars and for sure it will continue to increase after few years . But for sure its very hard once bitcoin reach 10k dollars because for sure once they reach that many people sell their bitcoin . But we dont know what exact price.

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September 24, 2017, 01:11:39 AM
 #67

For me After 5 years possible price of bitcoin is more than 15k dollars. Because as of now the price is 3800 dollars and for sure it will continue to increase after few years . But for sure its very hard once bitcoin reach 10k dollars because for sure once they reach that many people sell their bitcoin . But we dont know what exact price.
5 years is a lot of time to increase the price of bitcoin. so it's still possible to get bitcoin at rates above 10K. in theory this could have happened because the increase in bitcoin prices is now always stable every year. at the end of this year I speculated that bitcoin price rates could reach 5K USD. assuming that every year there will be an increase of 1K USD. so the next 5 years I projected that bitcoin prices could reach the highest value above 10K USD.

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September 24, 2017, 02:36:10 AM
 #68

What are your predictions?
In 5years I think bitcoin price will reach around $15k. But no one knows or maybe lower than that. We all just speculating but it is also important to us so w may know especily to those who are expert for a long time investing.
But for me bitcoin is now worth it to have. It has a good amount and a good thing to invest so we can gain profit in the future.



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September 24, 2017, 02:37:37 AM
 #69

Five years is a very long time, but I have an estimate for everyone as it is. I estimate that after five years, it will be at the level of 1000 dollars and at the level of 7,500 dollars.



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September 24, 2017, 05:12:44 AM
 #70

What are your predictions?

Even though bitcoin price is unpredictable, 4-5 years is a long enough timeframe for us to have an idea of where price is going.

In 4 years time we can definitely expect bitcoin price to double and reach levels close to or more than $10k per bitcoin. However in 5 years time i think the prices should have cooled down a bit and perhaps adjusted to $7-8k.

And these are quite conservative prediction figures as usually halvings can bring pumps way bigger than that (just look at 2013 and 2017, this year).



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September 24, 2017, 12:11:46 PM
 #71

What are your predictions?
My prediction about bitcoin is 7k to 5k? Is it funny and interesting but who now?  As i kmow there are possibility that bitcoin reach that value. .even its always volatile ..

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September 24, 2017, 01:20:23 PM
 #72

In the last 5 years, Bitcoin has "permanently" doubled 9 times, from $5 to $2500. This includes a 2 year bear market.

If it doubles 9 more times in 5 years, that would put us right around $1,300,000.

If we are a little more conservative and say the doubling rate halves, so only 4 or 5 more doublings, that would bring us down to only $40,000 or $80,000.

https://bitcointalk.org/index.php?topic=2203360.0
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September 25, 2017, 05:05:13 AM
 #73

For me After 5 years possible price of bitcoin is more than 15k dollars. Because as of now the price is 3800 dollars and for sure it will continue to increase after few years . But for sure its very hard once bitcoin reach 10k dollars because for sure once they reach that many people sell their bitcoin . But we dont know what exact price.
5 years is a lot of time to increase the price of bitcoin. so it's still possible to get bitcoin at rates above 10K. in theory this could have happened because the increase in bitcoin prices is now always stable every year. at the end of this year I speculated that bitcoin price rates could reach 5K USD. assuming that every year there will be an increase of 1K USD. so the next 5 years I projected that bitcoin prices could reach the highest value above 10K USD.
Your prediction will come true if Bitcoin get accept from the government in next time. If Bitcoin cannot does that, the price of Bitcoin never increases steady like your said, because it is unstable when no one fixed its value.


     
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Weawant
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September 25, 2017, 06:06:01 AM
 #74

For me After 5 years possible price of bitcoin is more than 15k dollars. Because as of now the price is 3800 dollars and for sure it will continue to increase after few years . But for sure its very hard once bitcoin reach 10k dollars because for sure once they reach that many people sell their bitcoin . But we dont know what exact price.
5 years is a lot of time to increase the price of bitcoin. so it's still possible to get bitcoin at rates above 10K. in theory this could have happened because the increase in bitcoin prices is now always stable every year. at the end of this year I speculated that bitcoin price rates could reach 5K USD. assuming that every year there will be an increase of 1K USD. so the next 5 years I projected that bitcoin prices could reach the highest value above 10K USD.
Your prediction will come true if Bitcoin get accept from the government in next time. If Bitcoin cannot does that, the price of Bitcoin never increases steady like your said, because it is unstable when no one fixed its value.

Hard to believe for the price to come for that digits but If there's a big news will happen on bitcoins and huge buy cap together with certain legalization will be happen I think bitcoins would reach for that price for upcoming 5 years from now. But I can't totally drop the exact figures but hopes that one will come and many eyes will roled to see the great happenings on bitcoins and that's for sure.



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September 25, 2017, 07:00:52 AM
 #75

In 5 years, bitcoin's worth will be like a holy grail for everyone. Every people around the world would gladly accept bitcoin as payment for their service or goods rather than fiat. I'm imagining a signage outside the window of a restaurant or store like "We only accept bitcoins".

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September 25, 2017, 07:03:17 AM
 #76

This would be interesting, my simple bet would be hundreds of dollars if not more.

In 10 years population will shift payments to cryptocurrencies.In this case your prediction can be true..
You are saying just 10 year i would like to say that it will take just less than 3 years because if it would take 3 years because bitcoin is spiriting around the world and it has break many records so i hope it will shift to crypto currencies.

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September 25, 2017, 07:32:15 AM
 #77

For me After 5 years possible price of bitcoin is more than 15k dollars. Because as of now the price is 3800 dollars and for sure it will continue to increase after few years . But for sure its very hard once bitcoin reach 10k dollars because for sure once they reach that many people sell their bitcoin . But we dont know what exact price.
5 years is a lot of time to increase the price of bitcoin. so it's still possible to get bitcoin at rates above 10K. in theory this could have happened because the increase in bitcoin prices is now always stable every year. at the end of this year I speculated that bitcoin price rates could reach 5K USD. assuming that every year there will be an increase of 1K USD. so the next 5 years I projected that bitcoin prices could reach the highest value above 10K USD.
Your prediction will come true if Bitcoin get accept from the government in next time. If Bitcoin cannot does that, the price of Bitcoin never increases steady like your said, because it is unstable when no one fixed its value.
That's not fair, because even now very few governments have accepted bitcoin in a legalized manner. Even before that the growth has been taking place in a stable and steady manner. Once after the adoption from governments the fluctuations took place in large scale taking the price grow much higher. So in 5 years time lot changes will happen.

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September 26, 2017, 12:35:00 PM
 #78

We do not know what's happening. But just one thing I'm sure, based on my knowledge that bitcoins will increase by almost $ 10,000. Many today are testing their way because of rumors of bitcoins in china, We have seen the collapse of it soon but will not break any bitcoins anymore. So let's keep our eyes on and watch what happens because bitcoins are powerful and nobody can break crypto.
Exactly I have predicted the crossing figure of 10000$ for bitcoin after five years. I think beside the value for bitcoin after five years, bitcoin would be close to recognize itself across the world a legal currency and most of the developed countries of the would have been declared a legal currency in their countries but a formal approval being a global currency would be required that time. The bitcoin holder will enjoy much that time.

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September 26, 2017, 12:59:21 PM
 #79

If bitcoin still survived and price are still increasing probably all members of bitcoin community become millionaire. How wonderful it is? This is great opportunity for us, and we should not waste this moment because I believe there is something great to happen in the future more than of what we have expected.


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September 26, 2017, 01:22:49 PM
 #80

If bitcoin still survived and price are still increasing probably all members of bitcoin community become millionaire. How wonderful it is? This is great opportunity for us, and we should not waste this moment because I believe there is something great to happen in the future more than of what we have expected.


The Bitcoin total supply is very limited, and if the number of millionaires in the world is higher than the number of Bitcoins available, as they say, I would not be surprised if a single Bitcoin becomes worth more than a million dollars. But I think it will take more than 5 years for this to happen.
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