How much will a bit coin cost in 3 years

[nerFohanzo]

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..

And you can make yourselves thousands more alternative coins.

But what really matters is the number of people using the coin - so clearly there is no alternative to Bitcoin

[Johnny Bitcoinseed]

Of course nobody can guess.  Catastrophes happen sometimes, that is a fact of life.  Sometimes catastrophes can have other consequences, such as if a failing currency in Greece, Argentina, China, or even the USA causes millions of people to flee government currencies in exchange for bitcoin.

I can see Bitcoin being easily worth the equivalent of thousands of US dollars, maybe even tens of thousands.  But, it could also go to Zero or maybe have some value as a simple collectors item as an experiment that didn't quite pan out.

In other words, don't bet the farm on bitcoin but it is wise to acquire a few coins just to be in on the game and see where it goes.  It is an interesting ride to be sure.

[mcmike313]

i wonder what percent of bitcoins have been lost and what percent have been mined but never been transacted if that makes sense

[Sindelar1938]

Between 1000 and 3000 USD

[World]

Anyone got the Bitcoin, Paypal, WU and Gold comparison image to hand?

http://coinometrics.com/bitcoin/btix

[maz]

Anyone got the Bitcoin, Paypal, WU and Gold comparison image to hand?

http://coinometrics.com/bitcoin/btix

Thanks mate

[jsmith16]

lets hope around a thousand stock up now

[deadlyninja]

It really could go either way. Something catastrophic could happen. such as someone cracking the hash and BTC will be worthless.

On the other hand, most people believe the hash is quite safe and the price could just rise and rise.

[hermann1983]

i wonder what percent of bitcoins have been lost

Estimated around 10% last time I read discussin on this matter. I dont belive it has much affect on price thoug, max 10% higher now I guess

[infinitybo]

It's effectively difficult to say but the price could be between ~600 and ~10.000

[DeboraMeeks]

IMHO it will be at the level of $2000-$3000 in that time of course with no proof except just my opinion that the price might continue to grow with the same growth pattern and more stably.