Lauda
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August 26, 2013, 11:11:18 AM |
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It could go much higher. Hold 1000 btc till 2020 and see
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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fengchu
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August 26, 2013, 11:49:52 AM |
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同意啊..............
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marcingrze
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August 26, 2013, 03:54:56 PM |
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The $ 1000 are magic number for you? If one day BTC price reaches $ 1000 remains the question of the value of the dollar. Maybe then $ 1000 will not be a magic value like today price 11737.48 JPN / BTC. More interesting will be, for example the BTC/GOLD value. Few people know what it is hyperinflation (from own experience). The $ 1000 represent good portion of monthly income for most. But I agree in 20 years it might not represent interesting amount for most It is better to consider whether in the future for 1 BTC could we buy a house, a car, or maybe hamburger.
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Rassah
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August 26, 2013, 04:04:01 PM |
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The $ 1000 are magic number for you? If one day BTC price reaches $ 1000 remains the question of the value of the dollar. Maybe then $ 1000 will not be a magic value like today price 11737.48 JPN / BTC. More interesting will be, for example the BTC/GOLD value. Few people know what it is hyperinflation (from own experience). The $ 1000 represent good portion of monthly income for most. But I agree in 20 years it might not represent interesting amount for most It is better to consider whether in the future for 1 BTC could we buy a house, a car, or maybe hamburger. With Bitcoin, it will be, "I will gladly pay you Tuesday for 500 hamburgers today"
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differential350
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August 26, 2013, 04:08:55 PM |
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Wait for the raise of inflation. Thanks God the Fed exists
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Wozzoo
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August 26, 2013, 04:21:39 PM |
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I do think it will rise one day, whether it reaches $200, $1,000 or $1,000,000, but eventually, I think it will come to a stable price.
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allianz
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August 26, 2013, 04:43:20 PM |
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future will tell, meaning it's hard to say at the moment
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Lauda
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August 26, 2013, 09:41:22 PM |
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You just need a few big investors and it's a win.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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S3052
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August 26, 2013, 09:48:49 PM |
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its entirely possible, just depends on the when... if it goes down before back to below 100 $ or not
more can be found out on https://digitalcurrencyresearch.com/
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NuclearReactor
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August 26, 2013, 10:06:50 PM |
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I just typed out a longer response, but it didn't post for some reason. Maybe I'm an idiot, haha.
Anyway, I think it could reach much higher if adoption picks up significantly and the government doesn't crack down.
We shall see what happens, but those two are the most important.
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Winslow Strong
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August 26, 2013, 10:40:52 PM |
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When Japan's debt situation implodes, and JGBs become toilet paper, I expect the world's interest in bitcoin to explode. 1000 USD is just a start. Assuming something better hasn't replaced bitcoin in the meantime
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acs267
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August 26, 2013, 10:46:53 PM |
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I doubt it. If it goes this viral (Obviously because of people trying to make a quick buck), you can't imagine what the Government of countries would do. Not to mention how it would effect every currency in the world.
And I might want BTC to defeat the USD, but every currency is pushing it. Wallet hackers would increase, crappy altcoins (not saying all of them are terrible, but the good ones will be washed out), and Bitcoin would defeat itself. The mining equipment would be too high, and the scarcity would go up.
A tablet you may pay .89BTC for now could go up to 1-2BTC. Plus, ASICs will increase, thus, ruining itself.
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keng
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August 27, 2013, 12:21:48 AM |
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未来将会达到500美元
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geofflosophy
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August 27, 2013, 02:44:38 AM |
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I doubt it. If it goes this viral (Obviously because of people trying to make a quick buck), you can't imagine what the Government of countries would do. Not to mention how it would effect every currency in the world.
And I might want BTC to defeat the USD, but every currency is pushing it. Wallet hackers would increase, crappy altcoins (not saying all of them are terrible, but the good ones will be washed out), and Bitcoin would defeat itself. The mining equipment would be too high, and the scarcity would go up.
A tablet you may pay .89BTC for now could go up to 1-2BTC. Plus, ASICs will increase, thus, ruining itself.
None of what you said made any sense. - Wallets can't be cracked by hackers barring trojans/keystroke loggers or massive improvements in computing power (quantum computing). - Bad alt coins don't wash out good ones, they just die, and washing out altcoins doesn't have a negative effect on BTC anyway. - Mining equipment prices will level off and then decline as efficiency approaches theoretical maximums, and every day mined coins become a progressively smaller percentage of the total bitcoin economy anyway. - Every indicator suggests that appreciation of value of BTC or any currency results in spending because your money is worth more today than it was yesterday, making goods feel psychologically cheaper. For example, the CEO of Bitpay stated that his highest volume days are days when the BTC price goes up in a roundtable at Le Web this year.
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crazynoggin
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August 27, 2013, 03:52:57 AM |
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Depends on what happens in the world with cryptocurrencies. The Bitcoin will possibly reach a level near the point in 5-10 years if it is more widely accepted and traded on bigger markets. Its possible that it could also obtain value if governments try to get rid of it in that its rarity will increase which might increase the usage in the black market much more than it is used now.
Of course it could also loose value in the long run if everything becomes stagnant.
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Lauda
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August 27, 2013, 10:39:14 AM |
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Too much idiocy here now too.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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smoothie
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LEALANA Bitcoin Grim Reaper
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August 27, 2013, 10:53:04 AM |
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Wouldn't surprise me if Bitcoin touched $1,000 in the next 365 days.
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zengryT
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August 27, 2013, 10:58:53 AM |
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It will reach $1000 but not before next halving in 3 years.
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Not managing signature campaigns anymore.
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kowski
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August 27, 2013, 11:34:20 AM |
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Assuming that prices of things will rise only because of demand for it. Then in order for BTC to reach $1000, there need to be substantial increase in its demand. That is, it has to be more than just the early adopters buying it.
Where would that huge leap in demand come from? Trying to peep into the future...
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neordicICE
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August 27, 2013, 02:10:40 PM |
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Assuming that prices of things will rise only because of demand for it. Then in order for BTC to reach $1000, there need to be substantial increase in its demand. That is, it has to be more than just the early adopters buying it.
Where would that huge leap in demand come from? Trying to peep into the future...
Right now only few people use Bitcoin. If Bitcoin will be used as much as Facebook, $1000 is too cheap
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