I hope this thread doesn't exist yet. This is childish thread but I invite you all to speak up, I'm very interested of each opinion because a mass consciousness can tell and foretell many things.
I am thinking of the cash-bitcoin (you loose wallet, loose money irreversibly etc) analogy that was explained to me when I first got in here. I also think of the bitcoin-gold analogy (you mine for them, it stores value). I think bitcoin is just bitcoin, it's something different but it's more similar to gold. Being so, this means someday 1 BTC will have a huge value. Like an ounce of gold now.
What value could 1 BTC have? Well since the total amount of gold as of 2009 was 165.000 tons, worth 5 trillion dollars, could we estimate that 1 BTC could be 165000000 kgs of gold /2100000 total bitcoins => 1 BTC ~= 7kgs of gold?
That is 246 ounces (rounded), 1 ounce being 1300 USD => 1 BTC could be equal 319.800 USD. That if all the people in the world think about bitcoin as being valuable.
I know that by the time you will have almost 21 mil BTC, the total gold quantity will be greater but... doesn't really matter, i just want to know what YOU think a 1BTC will worth in 6 months; 1 year and 5 years. If you have arguments it's better if not, just make a prediction. On the global scale, each prediction is valuable since it is just the output of the processed input data by a human mind. Some of us have more correct input data, some have more, some have a better processing algo.