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Author Topic: How much will a bit coin cost in 3 years  (Read 2169 times)
mikyt
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November 06, 2013, 11:00:17 AM
 #21

Nobody can predict the future but if we think that Amazon has a ~15 billion USD volume/ year, I find it more than reasonable to approximate with that.
so I would guess that ~15 million BTC equals 15 bilion USD so 1 BTC equals 1000 USD.

This assuming that all the BTCs will be in continous trading and not kept somewhere. If we consider only half of the coins will be used for trading, it means 1 BTC ~ 2000 USD.

Logically speaking, I find it very likely 1-2 year(s) from now, BTC to have this value.

Nobody though can calculate the mass hysteria of investors having their funds chased for (to be read as being robbed) as in Cyprus example.

I think any event threatening the security of financial markets will lead to a BTC price increase.

To sum up, it is impossible to predict a price, but 2 years from now, 2000USD/BTC i find it very very likely.

All the best to all of you!
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Lethn
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November 06, 2013, 11:13:11 AM
 #22

1oz gold Smiley
SemiMolten
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November 06, 2013, 11:36:20 AM
 #23

Around $280 or more

phaskie
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November 06, 2013, 11:39:48 AM
 #24

$100.  Can see it getting to $10k, but think the price will stabilize about $100.
Birgit-Sen
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November 06, 2013, 11:49:45 AM
 #25

Around $280 or more
it should be way more the bitcoin grew in the last months extrem, its already on 220$ right now.. imagine in 3 years
SemiMolten
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November 06, 2013, 12:02:12 PM
 #26

Around $280 or more
it should be way more the bitcoin grew in the last months extrem, its already on 220$ right now.. imagine in 3 years
Well, maybe it might suddenly burst and go down in value like last time when bitcoin hit $260

x0rcist
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November 06, 2013, 12:39:51 PM
 #27

Eventually it will stabilize somewhere around 200$, this will happen when the other cryptos get more integrated the way BTC is now more and more accepted and integrated.. If the price for 1 BTC is to high people go search for alternatives
maz
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November 06, 2013, 12:45:47 PM
 #28

Bitcoin is unique because of it's community. Everyone who has one, has an invested interest in it. It's like everyone is a share holder. Because of that, no one's going to be happy with just letting it 'sit around 200'. The average Joe bitcoin owner will always be thinking of new ways to promote it, exchange it, or integrate it with something. It will probably be volatile for many years, but I think it will definitely reach 4 figures per coin after 3 years.

Anyone got the Bitcoin, Paypal, WU and Gold comparison image to hand?
balanghai
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November 06, 2013, 12:46:30 PM
 #29

Maybe a thousand dollar or more?

1 BITCOIN bisa beli Berapa Bungkus MICIN ?
piratemonigan
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November 06, 2013, 02:42:33 PM
 #30

see this

year 2009  0.001
year 2010  0.025
year 2011  0.5
year 2012  10
year 2013  200
year 2014  4,000
year 2015  80,000
year 2016  1,600,000


it will grow 20x every year
That will be great! Wink
yussuf89
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November 06, 2013, 04:34:08 PM
 #31

the real question is...will people still be talking about Bitcoin in 3 years from now?
I think answer is yes Smiley


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terman45x
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November 06, 2013, 04:54:15 PM
 #32

Nobody can predict the future but if we think that Amazon has a ~15 billion USD volume/ year, I find it more than reasonable to approximate with that.
so I would guess that ~15 million BTC equals 15 bilion USD so 1 BTC equals 1000 USD.


And this is just one company. If Bitcoin is adopted much more, only the sky is the limit. I believe Bitcoin price equeals to adoption
Dealazer
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November 06, 2013, 05:07:04 PM
 #33

Inputs.io hacks does provide an launch of making the price going down on Bitcoin today Sad
But I'm sure we hit 300$ before the end of year.

My website full of music -->  www.dealazer.com
poelling92
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November 06, 2013, 05:38:16 PM
 #34

Inputs.io hacks does provide an launch of making the price going down on Bitcoin today Sad

I dont believe this, all stolen funds are going back to user ballances from TradeFortress pocket.

So no inpact on trustworthy for Inputs.io
canadian_bitcoin
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November 06, 2013, 06:13:21 PM
 #35

You people are overly optimistic. It is incredibly difficult to transact between BTC and fiat and that's whats holding it back, nobody is going to go straight bitcoin, you need ability to convert.

Adoption of bitcoin is also problematic, it cannot possibly compete with Visa/Mc, or even paypal/wu at this point.

this will be the biggest problem to solve, becoming accepted method of transactions.

or some kind of viral-like meme that just convinces everyone its an eternal store of value. not very likely, as network miners must be rewarded, and they are now losing money.

birkomester
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November 06, 2013, 06:26:59 PM
 #36

Nobody knows.
But i hope bitcoin will worth much more.

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fiddelingones
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November 06, 2013, 06:36:55 PM
 #37

or some kind of viral-like meme that just convinces everyone its an eternal store of value. not very likely, as network miners must be rewarded, and they are now losing money.


After paying electricity cost , ASIC devices still generating BTCs

It was mistake to buy over expensive units in first place, these will never pay back.  I will wait for the cheap ones  Wink

AvalonMiner
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November 07, 2013, 12:46:59 AM
 #38

A LOT, because there is no alternative and the base concept is great and there is a demand.
There are several alternatives some even using the same algorithm as bitcoins..

Ged
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November 07, 2013, 08:57:54 AM
 #39

Alt-coins are fake, cos Bitcoin have one SPECIAL SPECIAL SECRET that nobody knows for now. But you can turn on your fantasy, throw away 'mind', and imagine:
https://en.wikipedia.org/wiki/Message_From_Earth
And in just 1 year we got BITCOIN, that is factually GIANT HUGE ENCRYPTED MESSAGE, and someone pays money for DECRYPTION, right ?
I'm not crazy, but concept of Bitcoin looks like something really fantastic, it opens door to true Technical Progress, so maybe 'they' just waiting till 'mokeyz' reach higher level, and then come to us ? I think in whole Universe so much unknowed, we even dont know actually what is on the deep of ocean (https://en.wikipedia.org/wiki/Deep_sea_fish) - and we even can't imagine what is Deep Space (like Deep Web, where we can hire hitman or buy drugs, human slaves etc, but also can find something beautiful, like Bitcoin).. IMO, there are no 'humandois' in seemed future, just people from another planet, that want to help us reach some higher level, and keep the Planet in good mood..

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KeepIt300D
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November 07, 2013, 09:10:38 AM
 #40

I'd guess 500$, but really, who know?
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