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Author Topic: Price Bitcoin in 10 years: $ 100 or $ 100.000  (Read 193 times)
Noril.Tovery
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March 07, 2018, 02:00:26 PM
 #1

Price Bitcoin in 10 years: $ 100 or $ 100.000

Harvard professor reflects on the future of the crypto currency.

"Actual use of Bitcoin as a means of payment is very small" compared to the use of a crypto currency for money laundering and tax evasion, says Kenneth Rogoff, a Harvard professor and former chief economist at the IMF.

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Taking into account the above facts, Professor Rogoff concludes: "I think that Bitcoin will cost a tiny fraction of what it costs now ... in ten years ...

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March 07, 2018, 02:06:06 PM
 #2

dont think anyone can say any parice for sure but afther last deep main holders as i know have bought more coins so they think price will much more higher than now maybe 100 k.

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March 07, 2018, 02:13:55 PM
 #3

I would go with the prediction of $100,000 per coin. If gold can have a market cap of $7 trillion, then it is quite possible that Bitcoin in future may be able to attain a market capitalization of $1.7 trillion. You also need to remember that the interest in assets such as gold is going down.

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First77
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March 07, 2018, 02:24:53 PM
 #4

I say Bitcoin $100.

Look at Silver price now. See my "Twitter page" for fastest gold and silver price updates, news, information and more with top bullion dealers

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March 07, 2018, 02:25:09 PM
 #5

more 100 then 100.000 because 10 years big time, try remember how our live changes in 10 years

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March 07, 2018, 02:33:32 PM
 #6

Another one of those persons who have a stature in life acting smart on Bitcoin. Even though he is a Harvard professor it does not mean all what he is saying will be 100$ true. Bitcoin is still growing and the acceptance of Bitcoin can become more prevalent in the future. And his argument about Bitcoin being used more for money laundering and tax evasion is not Bitcoin's fault but it is the fault of many bad individuals. Even before the creation of Bitcoin can be said the same thing to Fiat as it can be used for money laundering as well as tax evasion.

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March 07, 2018, 02:35:23 PM
 #7

My opinion maybe 10 years ahead the bitcoin price could reach $ 100.000 and it does not close the possibility of several months ahead bitcoin prices could reach $ 20.000, because bitcoin prices It depends heavily on the market price which is always experiencing Go down and go up drastically....
Thank you
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March 07, 2018, 02:38:56 PM
 #8

This could be possible in a given prior year and the price can be $100,000 mark by that time but we can not be possible because this is only a speculation but if this analysis is correct the price right now can be a tiny fraction of what the price can attain in the future, So just earn and hodl more bitcoin that you can right now because it can be very difficult to attain more bitcoin when that day comes.














 

 

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March 13, 2018, 05:58:20 PM
 #9

I think it can reach 10M$
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March 13, 2018, 06:05:13 PM
 #10

I think price is 1M$
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March 13, 2018, 06:26:31 PM
 #11

I would be hesitant to believe what I heard based solely on the source. If you are a ex chief economist at IMF, you probably still have some sort of bias. Also the dude is older which means generally they are resistant to change. Would change my opinion on the matter if this came from a young non IMF economist, but then again you probably wouldn't hear that from them Roll Eyes.

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March 13, 2018, 06:55:16 PM
 #12

Over the next ten years, bitcoin will have time to reach its maximum value and then descend because of panic among investors for whatever reason, to a minimum price. So, apparently, bitcoin during this time can reach a price of one hundred thousand dollars and fall to a hundred dollars.

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March 13, 2018, 06:58:28 PM
 #13

As I said earlier in another discussion. That bitcoin is not just an asset, it's a currency. And a very expensive currency. We can anonymously do transactions with minimal commissions. This is the future of money
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March 13, 2018, 07:01:53 PM
 #14

I think both are right in terms of the outcome being binary. I don't believe there'll be a middle ground by then. Either it'll have continued insinuating itself ever deeper into the wider world or it fades away.

I'm betting on six figures rather than three myself but I would do that being here and all.

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March 13, 2018, 08:11:01 PM
 #15

This is really a hard question. There are 2 possible scenarios : 1- Bitcoin will get more known and it will have more investors, that means that it will get more recognized and its value will increase the same as gold. The other scenario, Bitcoin will get more users but less investors. That will cause the decrease of its value.But, if i have to choose, i would say that its value will rise, i don't know how much. But it will.

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March 13, 2018, 08:18:02 PM
 #16

I dont agree with what the professor is saying,"bitcoin will cost a tiny fraction of what it cost now in ten years?" .The whole world is becoming digitalized as the years passes by, so i think the demand for bitcoin and cryptocurrency should rather go high in the coming years instead of decreasing.
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March 13, 2018, 08:19:36 PM
 #17

I would go with the prediction of $100,000 per coin. If gold can have a market cap of $7 trillion, then it is quite possible that Bitcoin in future may be able to attain a market capitalization of $1.7 trillion. You also need to remember that the interest in assets such as gold is going down.
This and I mean in the end BTC will be a finite resource people want to exchange the more widespread its use(which is the best we cn hope for in the future) the more it'll be worth

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March 13, 2018, 08:27:38 PM
 #18

He means bitcoin is going to be worth so much that a piece of it is worth much more than 1 dollar.
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March 13, 2018, 08:31:26 PM
 #19



i see bitcoin in few years from now touching 100,000$ for 1 because very soon more adopters will come in and more investors and multi million companies been opened daily. and banks will have no option than to start investing into bitcoin.
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March 13, 2018, 08:44:01 PM
 #20

Maybe Bitcoin drop to 100 Usd but this is certain there will be a coin which took place of Bitcoin. Blockchain and crypto still will be in future.

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