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Author Topic: How much will a bit coin cost in 3 years  (Read 2346 times)
donbu7 (OP)
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November 05, 2013, 09:42:19 PM
 #1

How much do you think a bit coin could cost in 3 years from now? I know is difficult to say but I would like too hear what you think.

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exstasie
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November 05, 2013, 09:43:56 PM
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A lot more than right now...i'm hoping.

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November 05, 2013, 09:47:57 PM
 #3

How much do you think a bit coin could cost in 3 years from now?

Between 0 and 10 thousand USD

Most likely 3 digits, 100-999

Depends on Bitcoin demand
roflmao129
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November 05, 2013, 09:57:45 PM
 #4

Lets just hope it rises.

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November 05, 2013, 09:59:57 PM
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my guestimate...

It must rise to keep up as the process powers go up and cost more to mint the coins

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exstasie
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November 05, 2013, 10:04:39 PM
 #6

the real question is...will people still be talking about Bitcoin in 3 years from now?

durrrr
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November 05, 2013, 10:24:11 PM
 #7

Yes lets hope it rises. but i think bitcoin will keep rising and will probally reach 500$- 1000$ in the years to come. the more people adopting it and using the currency and the constant rise lately it cant be that far away

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November 05, 2013, 10:48:46 PM
 #8

A LOT, because there is no alternative and the base concept is great and there is a demand.
donbu7 (OP)
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November 05, 2013, 11:17:23 PM
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A LOT, because there is no alternative and the base concept is great and there is a demand.

There is no alternative?? how about litecoins, or Ripples, or any other web currency that may come out Huh
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November 05, 2013, 11:34:34 PM
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A LOT, because there is no alternative and the base concept is great and there is a demand.

There is no alternative?? how about litecoins, or Ripples, or any other web currency that may come out Huh

I think you're right.  With the success that bitcoins have been seeing, you can guarantee that there will bit other alternatives like litecoin where people might try and just on the bandwagon so they don't 'miss out' on whats happened with BTC over the last year.

I'd rather invest $10 now in some alternative in hopes it gets big, then miss out.

gargouri2001
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November 06, 2013, 12:13:03 AM
 #11

i would say 1000$ , Grin
Andrew333
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November 06, 2013, 07:37:25 AM
 #12

as economist and stock trader's say there is nothing worse than try to predict exchange rates.
bitbob82
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November 06, 2013, 07:47:12 AM
 #13

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
shizuska
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November 06, 2013, 09:00:31 AM
 #14

Difficult to say, i estimate that market cap of BTC in 3 years will be around 30 BIL, so that would make price of 1 coin equivalent of about 2500 usd
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November 06, 2013, 09:25:19 AM
 #15

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 would be fantastic but i think about 2-3k USD
Ged
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November 06, 2013, 09:48:23 AM
 #16

IMHO:
There will be no USD  Grin  Roll Eyes
If seriously, we should understand, in future we will use  mBTC and uBTC.
So, IMO in 2014 1 mbtc(0.001BTC) = 1 usd. It's very realistic, cos '1 bitcoin = 1000 dollars looks insane'

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klovishey
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November 06, 2013, 09:55:07 AM
 #17

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


I might wait to 2025 and buy island with my requested mBTC from free faucets  Grin

Seriously this wont happen obviously
ba55meister
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November 06, 2013, 10:16:46 AM
 #18

I hope it rises but I'm afraid it may be a victim of trading platforms failure or some sort of a hacking problem. April's fall in price was caused but DDOS attacks and general people's panic. Surely the same will happen again, and quite possible not just once
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November 06, 2013, 10:36:46 AM
 #19

$10,000 would be my guess... 3 years is really long and don't forget about the halve for miners.. Smiley
mikyt
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November 06, 2013, 11:00:17 AM
 #20

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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