merdlb (OP)
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June 05, 2013, 04:00:06 PM |
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There's a lot of talk of how much 'coins will be worth in the future. some say 13k/btc some say 100+k/btc some say 0. What do you all think?
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L-Pow
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June 05, 2013, 04:03:50 PM |
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the future's not ours to see. que sera sera
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Crindon
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June 05, 2013, 04:05:07 PM |
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Those big numbers you referenced seem quite optimistic, but it doesn't hurt to see the cup half full.
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nor9869
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June 05, 2013, 05:35:24 PM |
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100k per btc. in 2030.
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niko
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June 05, 2013, 05:44:48 PM |
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There's a lot of talk of how much 'coins will be worth in the future. some say 13k/btc some say 100+k/btc some say 0. What do you all think?
Your question implies that there is one future price that we are to predict here. What is the future price of anything? Look at gold, euro, heroin, wheat, roses, internet connection - do you ever see price fluctuating, then finding some equilibrium "future price" and staying there forever??? WTF?! Rethink your question, this is not working out. |
They're there, in their room.
Your mining rig is on fire, yet you're very calm.
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AlternaPost
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June 05, 2013, 06:02:05 PM |
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I think that the current coins won't be around for very long as better coins emerge, but I'm certain there is a very positive future for virtual currencies in general.
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KSV
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June 05, 2013, 06:02:17 PM |
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how far out in the future are you talking about?
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dandannn
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June 05, 2013, 06:05:34 PM |
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No-one knows... however, I have a good idea of how much i would LIKE them to be worth  |
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sidhujag
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June 05, 2013, 06:24:21 PM |
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about $0.001, devcoin will probably take over.
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KSV
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June 05, 2013, 06:45:50 PM |
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1K in 2015
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jezzyjensen
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June 05, 2013, 06:51:01 PM |
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I'd say it has no long-term future. It's slow and cumbersome. It's also associated with Pump and Dump, so few reputable vendors would accept it as payment (unless somehow it was hedged to the dollar).
In the short-term, I think about $300, maybe $500 is possible.
But if Silk Road went out of business ...
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KizunaAikawa
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June 05, 2013, 07:29:05 PM |
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$200-400 a few years down the road, depending on how received it will be with vendors.
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nobbynobbynoob
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June 06, 2013, 12:42:40 AM |
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$200-$400 is future? No, that was in the past already! Long term I'd hazard a complete guess at >>$10k/BTC, or zero. Both are very possible. |
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davidrools
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June 06, 2013, 04:17:54 PM |
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You can estimate a near-best case situation: Bitcoin completely replaces the US Dollar outside the US. Inside the US, they'll probably try to prevent that from happening. There are obviously many other currencies used outside the US, but the dollar gets used a lot. About 800 billion dollars worth. Say that all goes to the 21 million total Bitcoins to ever be minted. 800B divided by 21M = about $38,000 per bitcoin.
That's not going to happen. $260 was, I think, largely due to currency speculation. But as Bitcoins become more and more spendable, which they are, it's quite possible that they could be int he $500-$1000 range within 5 years. That's my guess, anyway.
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Eva Braun
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June 06, 2013, 04:19:14 PM |
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id say a million to a billion per btc
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Alexander The Great
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June 06, 2013, 04:24:45 PM |
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Time will only tell.
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https
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June 06, 2013, 04:27:56 PM |
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who can say that?
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Rampion
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June 06, 2013, 04:30:23 PM |
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Have fun with this Bitcoin value calculator that Techcrunch published a couple of days ago  |
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iamlordvoldy7
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June 06, 2013, 04:45:16 PM |
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haha that post really spoils a lot of optimism. btw, what do you guys think of the current stability of BTC/USD? it hasn't changed much since May
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nobbynobbynoob
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June 06, 2013, 04:47:30 PM |
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That's not going to happen. $260 was, I think, largely due to currency speculation.
The price is always in large part due to speculation, as with any commodity. We should consider that while a good deal of future potential may be priced in, that potential still includes the significant chance of falling to zero. We are over $100 per full bitcoin and the real bull hasn't even started yet. |
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