faiza1990
Sr. Member
 Offline
Activity: 420
Merit: 250
★☆★777Coin★☆★
|
 |
December 08, 2013, 07:48:59 PM |
|
I think we should change our thinking - the question should be asked if a dollar will be worth 0.0001 BTC one day  good question somebody must have to think about this |
|
|
|
SouthernTiger
Newbie
Offline
Activity: 56
Merit: 0
|
|
December 09, 2013, 06:34:42 AM |
|
A dollar will be worth 0.0001 BTC one day if many people want to buy btc. am i right?
|
|
|
|
|
best14you
Newbie
Offline
Activity: 4
Merit: 0
|
|
December 09, 2013, 06:42:46 AM |
|
If you can buy a tesla, the possibilities are endless. I say $700.000 max for each bitcoin that I saw was an accurate estimate.
|
|
|
|
|
|
greenlion
|
|
December 09, 2013, 07:30:46 AM |
|
We don't need mainstream point of sale whatsoever to support $10,000, just a small amount of Forex penetration takes you to five digit prices.
|
|
|
|
|
|
merv77
|
|
December 09, 2013, 12:07:24 PM |
|
BTC seems to be on the way up again. and this is normal volatile behavior. See video below. Some probably have seen it, but for the ones that haven't it's good great info. Bitcoin 101 Blackboard - Why Bitcoin's Growth is Normal & The S-Curves You Could Never See http://youtu.be/qHUPPYzzZrICheers, merv77 |
|
|
|
|
|
waqas
|
|
December 09, 2013, 04:35:51 PM |
|
If you can buy a tesla, the possibilities are endless. I say $700.000 max for each bitcoin that I saw was an accurate estimate.
your estimate needs nearly 20 to 25 years its too much for 1 btc  |
|
|
|
Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
|
|
December 10, 2013, 03:31:03 AM |
|
Easily within 10 years.
The real question is, will it hit $10,000?
Or even $100,000?
My guess is yes and yes, but not for another 30-50 years.
10 years off there buddy but not bad! Does that mean it will hit $100k in 3-5 years?  |
|
|
|
Euripides
Newbie
Offline
Activity: 7
Merit: 0
|
|
December 10, 2013, 05:13:58 AM |
|
prolly, thanks for listening.
|
|
|
|
|
Lauda
Legendary
Offline
Activity: 2674
Merit: 2965
Terminated.
|
|
December 10, 2013, 05:50:18 AM |
|
We're going towards $1000 again.
|
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
|
|
|
MoneyGod
|
|
December 10, 2013, 02:49:13 PM |
|
We're going towards $1000 again.
yes now before 25 December its touches again 1200$ and now have some worth to this figure correction is now going to end |
|
|
|
|
kik1977
|
|
December 10, 2013, 03:04:21 PM |
|
Bitcoin will reach $1000 no later than winter 2015.
By the beginning of 2014 the price of btc will be $250.
$10,000 per coin will be achieved by 2017 and in 2020 you will have to pay $100,000 to purchase one bitcoin.
I hope this information is useful.
It is, thanks!  Love reading these posts... |
We are like butterflies who flutter for a day and think it is forever
|
|
|
|
franz2
|
|
December 10, 2013, 03:06:49 PM |
|
Maybe one day: 1 Satoshi = 0.01 $
1 uBTC = 1$
It would be easy for calculating ;-)
|
|
|
|
|
|
MoneyGod
|
|
December 10, 2013, 03:09:01 PM |
|
Maybe one day: 1 Satoshi = 0.01 $
1 uBTC = 1$
It would be easy for calculating ;-)
but its too much we have to wait for this too much currently target is will $ worth to 0.0001 and next is very long |
|
|
|
Rassah
Legendary
Offline
Activity: 1680
Merit: 1035
|
|
December 11, 2013, 07:38:12 PM |
|
I don't think that 100k will be reach...
Imagine, you could get 50 btc every 10 min at the beginning with a laptop.
50 btc at 100k = 5 million $ lol
Yea I agree, it does seem a bit unrealistic. Bitcoin is not limited in time. It does not expire. It's also not limited by how much of the world's economy it could take over. So, it could break and get abandoned within 10 years, never going over a few $1,000, or it could continue to take over more and more of the world, the USD value can continue to decrease, the economy could continue to expand, and we could continue to lose bitcoins to lost passwords or fees paid to unspendable addresses. A hundred years or more from now, we could even end up with most bitcoins lost for whatever reason, and the entire world's massively bigger economy operating on just a couple of bitcoins, with each being worth trillions of dollars. But it's all arbitrary, because these bitcoins will be spread among many people. The important question is how big of a % of all the bitcoins do you own, and how big do you believe the bitcoin economy will get (and even more importantly, how can you yourself help to make that economy bigger). |
|
|
|
|
guybrushthreepwood
Legendary
Offline
Activity: 1232
Merit: 1195
|
|
December 11, 2013, 07:44:35 PM |
|
I'm banking on 10k by 2015 |
|
|
|
|
Baleinium
Newbie
Offline
Activity: 49
Merit: 0
|
|
December 11, 2013, 07:47:13 PM |
|
I don't think that 100k will be reach...
Imagine, you could get 50 btc every 10 min at the beginning with a laptop.
50 btc at 100k = 5 million $ lol
Yea I agree, it does seem a bit unrealistic. Bitcoin is not limited in time. It does not expire. It's also not limited by how much of the world's economy it could take over. So, it could break and get abandoned within 10 years, never going over a few $1,000, or it could continue to take over more and more of the world, the USD value can continue to decrease, the economy could continue to expand, and we could continue to lose bitcoins to lost passwords or fees paid to unspendable addresses. A hundred years or more from now, we could even end up with most bitcoins lost for whatever reason, and the entire world's massively bigger economy operating on just a couple of bitcoins, with each being worth trillions of dollars. But it's all arbitrary, because these bitcoins will be spread among many people. The important question is how big of a % of all the bitcoins do you own, and how big do you believe the bitcoin economy will get (and even more importantly, how can you yourself help to make that economy bigger). Great point. However, I like to think about Bitcoins future compared to other cryptos. It is very rare that the first version of anything ends up lasting very long. It might not be the best example, but almost no one is still using Windows 3.1 anymore despite how revolutionary it was at the time. Perhaps we will start to migrate to another currency and synchronize this with the missing Bitcoins so that in 20xx we will be fully migrated to something else. Personally I don't think it exists yet, but I'm sure there will exist a crypto much more effective than Bitcoins (or any crypto for that matter) in a few years. If this is so then the very last Bitcoins could potentially be worth several millions of dollars. |
|
|
|
|
Rassah
Legendary
Offline
Activity: 1680
Merit: 1035
|
|
December 11, 2013, 08:17:35 PM |
|
I like to think about Bitcoins future compared to other cryptos. It is very rare that the first version of anything ends up lasting very long. It might not be the best example, but almost no one is still using Windows 3.1 anymore despite how revolutionary it was at the time.
That's actually a mistake a lot of people who are new to bitcoin make. They see bitcoin is a coin, or as a program or service of some sort, like Windows or Facebook, when it's actually a protocol, like HTML or POP3 for e-mail. Bitcoin instead should be compared to TCP/IP, in which case we had TCP/IP versus Novel Netware, and TCP won, probably due to it being more open and free. We still use TCP/IP, even though I am sure it has changed dramatically over the last few decades. Even if we take your Windows example, Bitcoin is closer to an OS kernel, with some evolving into Windows and some evolving into Linux (Bitcoin is the open source one with massive developer support). We still use Windows and Linux, despite them having huge improvements since their 1.0 versions. We will still be using Bitcoin, even when it changes so much that we may not recognize it from it's present day version. |
|
|
|
|
whenmunkysfly
Newbie
Offline
Activity: 1
Merit: 0
|
|
December 11, 2013, 08:27:43 PM |
|
based on the math i did there are 500,000 USD in circulation for every 1BTC that will ever exist. That would only account for the USD and not every other world currency so I consider it a safe number to shoot for as long as you have faith that BTC will one day be as accepted as a USD in trade.
|
|
|
|
|
Baleinium
Newbie
Offline
Activity: 49
Merit: 0
|
|
December 11, 2013, 08:31:42 PM |
|
I like to think about Bitcoins future compared to other cryptos. It is very rare that the first version of anything ends up lasting very long. It might not be the best example, but almost no one is still using Windows 3.1 anymore despite how revolutionary it was at the time.
That's actually a mistake a lot of people who are new to bitcoin make. They see bitcoin is a coin, or as a program or service of some sort, like Windows or Facebook, when it's actually a protocol, like HTML or POP3 for e-mail. Bitcoin instead should be compared to TCP/IP, in which case we had TCP/IP versus Novel Netware, and TCP won, probably due to it being more open and free. We still use TCP/IP, even though I am sure it has changed dramatically over the last few decades. Even if we take your Windows example, Bitcoin is closer to an OS kernel, with some evolving into Windows and some evolving into Linux (Bitcoin is the open source one with massive developer support). We still use Windows and Linux, despite them having huge improvements since their 1.0 versions. We will still be using Bitcoin, even when it changes so much that we may not recognize it from it's present day version. That's a very interesting idea. So in your opinion is it more likely that new Bitcoins will be minted (after a change in the protocol of course) or that the price just continues to increase to adjust for scarcity? |
|
|
|
|
klovishey
Full Member
Offline
Activity: 195
Merit: 100
Selling Coupons Babie
|
|
December 11, 2013, 08:35:52 PM |
|
Bitcoin will reach $1000 no later than winter 2015.
By the beginning of 2014 the price of btc will be $250.
$10,000 per coin will be achieved by 2017 and in 2020 you will have to pay $100,000 to purchase one bitcoin.
I hope this information is useful.
The good thing is when you will be wrong with "By the beginning of 2014 the price of btc will be $250" prediction, you will be likely wrong with the others as well |
|
|
|
|
|
