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Author Topic: What is the price of BTC in 10 years?  (Read 513 times)
RAOLUOXIANG
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January 27, 2018, 04:50:06 AM
 #1

I think some common  questions that profession crypotocurrency investors are alway facing by new investors are:
“What do you think of BTC?”
“What is a Masternode?”
“Is it too late to buy BTC?”
…….
There are many basic questions and you do not have to be shame about, and I am going to share my understandings to you. (I am a new investor for just one year, please be tolerant. >_<)

Question1: Who indeed make big money in the development of bitcoin?
Answer: Alright, simple! The initial users, the traders in SilkRoad, the genius, the gamblers. Some of them noticed bitcoin when it worthed 50Penny, some just predicted the bright future of cryptocurrency,  they had balls, they are talented.

The answer is wrong.
And the right answer is : "The Noobs,”" The Geeks”, “The Nerds."
Let us clarify these three differenct devidends:
The Noobs are people who have forgotten they have some Bitcoin, further more, they lost the password either. (Rest life with regrets.) qutoed by some data, at least millons of bitcoins are lost. (I know it is not professional to not proovide accurate numbers. Sorry.)
The Geeks (Professional) are shocked by the code of bitcoin and its creator(or creators),S atoshi Nakamoto, the subtitles inside their mind is : “What the fack? Bitcoin is so beautiful! What the fack? Bitcoin is so cheap!”
The Nerds scorn the legal money, the followers of Austrian Schools. After reading the 《Denationalization of Money》: The Augument Refined (1974), they found it even is the only way to fight against the legal money. They held the concept perfect money all the way because they followed the book.

Only these guys kept holding and holding, and feel calm even if bitcoins worth a lot.
I wished I was one of them. >_<

So back to the title: What is the price of Bitcoin in ten years?
Because we are talking about a long period, I think there is no point to talk about technical and basic levels.
I am telling another concept: What is competitors of Bitcoin?
Answer: Litecoin, Ethereum, Dash, Ripple, Zcash, or the increasing more new altcoins like Cardano and DeepOnion.
The answer is wrong, again.
The right answer is: The legal currency (Like USD, EUR, Chinese Yuan)
Let me draw an inappropriate analogy: The competitors of a hooker are never her colleagues, the decent women are.
The contest between hookers and decent women actually is the contest of Valve and they take       sides, the power and politial fight are behind them. In this case, hookers and decent women.

In a Patriarchal society we are in, the Totalitarian society hope there would be no hookers in the world, because the sex consumption is cheap, pay-per, but having a wife would be expensive, is 50-year-per. (No offense.) If the legal exsistence of hookers is allowed, the poor would have right of sex without a marrage, women can control sex whether they are hookers or decent women. And then the controlable sex resources by the Ruling Class are decreased (Women have more choices, they get more rights, and the cost of occupying  a woman is increased), the cost of collective management gets higher. (Low family rate leads to high floating population cost.)
In a democratic society, sex would be more open, because sex is need and a good at the same time, a good have a price,  prices generates market, a market absorb trades, trades are beneficial to desperion of wealth and power. As long as the power are seperated, the democracy would be stable and healthy.
As Friedrich August von Hayek wroted in the Road to Serfdom, “Economic control is not merely control of a sector of human life that can be separated from the rest; it is the control of the means for all our ends”
In conclusion, the major enemy of bitcoin will never be altcoins,  Quantum Computers or so-called Regulation. The only competior is the Right of Printing Money controled by the Big Brothers. There is too much to talk about printing money and I am gonna talk about it. All you need to know is this right controlled by the higher power all the time.
The conclusions are:
1.The more M2 every country is contributing, the higher the bitcoin price is.
2.Bitcoin can not be perished by Right of Printing Money
3.It is impossile to for Bitcoin to have a 100x

Back to the initial question, what is the price of bitcoin in 10 years?
My prediction: $50000-$80000
Yes, it is just a hint. Because I do not think we can use equation to estimate the price by mathmatics we have today. (If I have that ability I will caculate your private key. >)<)
The next boom of bitcoin needs an engine, called the Disenchantment of Right of Printing Money. And it will be only two paths prepared for this Disenchantment:
1.Go back to Gold
2.Embrace the Bitcoin
No third path! The end.
I hope you guys can be tolerent with my writing, it looks nonlogical and ridiculous, I tried my best. :-) I hope you be a millonnare and have a nice day everyday.  (Congrats, you have ready been one.)
Thanks for your time! and I will end this post with Dicken’s quote:
It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had everything before us, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way – in short, the period was so far like the present period, that some of its noisiest authorities insisted on its being received, for good or for evil, in the superlative degree of comparison only.
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jerry29@
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January 27, 2018, 04:55:03 AM
 #2

It will depend upon the governmental activities towards Bitcoin, if will retain it's decentralization and no regularion towards Bitcoin investing then it's price may be around 100-200k or even more.
It is a long journey ahead,
So get ready for cruiser journey of Bitcoin.

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January 27, 2018, 05:26:40 AM
 #3

It's either very high or very low.  Im willing to bet it will be very high.  $100k-1mm
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January 27, 2018, 05:47:24 AM
 #4

If governments will not conspire to kill crypto, then BITCOIN will worth 10 to 100 times more than what it is today.
But if the governments continue introducing regulations, mass adoption will not probably happen, hence price lower or
just the same as the current.

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January 27, 2018, 06:05:53 AM
 #5

It is not possible to predict the bitcoin price for the long time period like 10 years bitcoin is the digital currency and there are some uncontrollable factors which can't be predict easily. Bitcoin price in unstable and we can't measure the actual position of the bitcoin it is very difficult to say that bitcoin price will be the same as now it is the volatile currency and will affect by the people interest of buying and usage.

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January 27, 2018, 06:25:27 AM
 #6

If quantum computers can crack bitcoin's private keys, then the  cryptocurrency market could disappear in 10 years.
There are still a lot of uncertainties about the future of bitcoin, but if these difficulties can be overcome, I think it will be worth $1 million.

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January 27, 2018, 06:32:36 AM
 #7

in my opinion the possibility of bitcoin prices occurring after 10 years could reach $ 50K- $ 80K.but we don't know about cryptocurrency will alive...i hope cryptocurrency will alive for long time...
Webcelerator
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January 27, 2018, 06:54:16 AM
 #8

To predict the price is very difficult, already produced 80% of bitcoin and will soon begin to affect the deficit of the cryptocurrency. Of course, this is a very large jump in prices. So exact prices can not guess even a good seer.


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derago21
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January 27, 2018, 06:57:28 AM
 #9

Block chain technology will die in the next 5 years. There are new emerging techlogies which will surpass it.

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January 27, 2018, 07:19:27 AM
 #10

The price depends on supply and demand like everything.
As can be seen as so far the price of bitcoin has been strongly correlated on the nr of accounts that hold bitcoin.

The question is what will bitcoin ultimately be used for. Payments / Loans / Equity / Derivatives?
If its just payments it will be a part of a 90 trillion dollar supply
If it includes everything it will be a part of a several quadrillion dollar global market

There are many alternatives to bitcoin today but bitcoin is still the most widespread and distributed currency.
If it will remain this case looking at history we can expect 90% of the other coins to disappear.

Expect it to fly high if it stays the big gun.

https://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18
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January 27, 2018, 07:32:05 AM
 #11

No one can predict the price of bitcoin after 10 years. Bitcoin price is unstable. And we're not sure if bitcoin can reach it's supply 10 years from now.
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January 27, 2018, 07:51:50 AM
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I think bitcoin will grow in 10 years because it will get known by the other investors. And they will invest and invest.
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January 27, 2018, 07:53:57 AM
 #13

The price depends on supply and demand like everything.
As can be seen as so far the price of bitcoin has been strongly correlated on the nr of accounts that hold bitcoin.

The question is what will bitcoin ultimately be used for. Payments / Loans / Equity / Derivatives?
If its just payments it will be a part of a 90 trillion dollar supply
If it includes everything it will be a part of a several quadrillion dollar global market

There are many alternatives to bitcoin today but bitcoin is still the most widespread and distributed currency.
If it will remain this case looking at history we can expect 90% of the other coins to disappear.

Expect it to fly high if it stays the big gun.

https://www.marketwatch.com/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18

Future cannot be predicted.Anything can happen in ten years.Either bitcoin can rule the market or it can disappear from the world.But if see the current situation of bitcoin in the market,we can say that it will continue to function even after 10 years.Its price has recahed new heights.It has become the leading cryptocurrency now.No other cryptocurrency has the potential to overtake bitcoin even in the future.It can also give competition to paper money too.

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January 27, 2018, 07:54:53 AM
 #14

It is not possible to predict the bitcoin price after ten years because bitcoin is a digital currency and its price may increase or decrease at any time.

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January 27, 2018, 07:56:06 AM
 #15

100k $ comingggggg :lol
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January 27, 2018, 07:57:02 AM
 #16

It will depend upon the governmental activities towards Bitcoin, if will retain it's decentralization and no regularion towards Bitcoin investing then it's price may be around 100-200k or even more.
It is a long journey ahead,
So get ready for cruiser journey of Bitcoin.

Very true, yet no one can predict what really will happen to the price of bitcoin since we are here in a cryptocurrency in which everything is volatile.  But yeah if government continue to support bitcoin and people will continue to invest it is very likely to happen. There is a big possibility that bitcoin will continue to fly high.

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January 27, 2018, 07:57:20 AM
 #17

This is hard to predict, but I think there are only two possibilities. It is unimaginable that we have high prices, or we go bankrupt directly and are worthless. This is the final result of bitcoin. But 10 years, during what happens during the change We can not imagine, think about Bitcoin 9 years ago appeared, encryption currency world has now developed.
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January 27, 2018, 07:58:14 AM
 #18

Great Britain is calling for a meeting to hopefully have Bitcoin regulated in some way, so we really don't know what the outcome will be until it happens... Bitcoin could disrupt the entire Govt system which I wouldn't want since there will be chaos all over.
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January 27, 2018, 08:03:26 AM
 #19

This is good question.If we analyze history of BTC,it will implicate that BTC was nothing just few years ago,it got fame and after fluctuations ups and down it went high more than people expectations.BTC told the world that it has tremendous potential to come up with the expectations of the people.Although its being banned temporarily in some countries,but it can not be centralized.Its person to person transactions.If government involve to overcome it,it will be complicated.Secondly there is also demand and supply matter.Its volatile no doubt,but it attracted many people.In coming years it will reach around $100k-$200k.It has become a name of trust in cryptocurrency market.King always remain king....
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January 27, 2018, 08:30:00 AM
 #20

I think 10 years later there will be no bitcoin, because the bitcoin inventory will run out in 2024, or maybe the only remaining in the market is just a little, and make the bitcoin price becomes very high. may reach $ 100,000 more. this is my long term prediction about bitcoin.

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