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Author Topic: How much will bitcoin be worth in 5-10 years?  (Read 11574 times)
TradeAnalyst
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November 18, 2013, 07:52:07 PM
 #21

Hi when I said a satoshi would be worth one dollar ( this is a thought that satoshi maybe thought is name will be in all memories )

but on-line business will be in satoshi this is for sure ( no one is going to pay 0.0000014521 BTC ) to complicated

Satoshis donation are welcome on my own adress below because I believe in satoshi  Wink Wink

Live a great day  Smiley

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November 18, 2013, 09:20:41 PM
 #22

Satoshis donation are welcome on my own adress below because I believe in satoshi  Wink Wink

Well said. So do I. Smiley
Mondy
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November 19, 2013, 12:41:09 AM
 #23

around 1000 will be the cap i think

BtcBling
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November 19, 2013, 01:40:41 AM
 #24

5-10 years its over 10.000$ or 0.

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November 19, 2013, 04:52:19 AM
 #25

around 1000 will be the cap i think

Kind of crazy that $1000/XBT was topped today in China.
toomsie
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November 19, 2013, 05:58:55 AM
 #26

I believe a lot of wealthy investors will gamble their money for the chance to be world richest person or at least killer rich. We don't need sheeples to know how to use a client for that. If government officials see bitcoins as a fret, the most corrupt and dishonest ones would buy bitcoins secretly as a hedge. 
BitchicksHusband
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November 19, 2013, 09:07:17 AM
 #27

I would say $10k would be the 2-4 year outlook. 5-10 year may be closer to 100k

It should reach the top by 2018 regardless of how high it is going.

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BitchicksHusband
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November 19, 2013, 09:08:28 AM
 #28

It's hard to say really. Think of how accurate your price outlook would have been a year in the past, and try to speculate that uncertainty for a decade and you get the idea. As much as I love Bitcoin, I wouldn't pin my retirement plans on it!

Too late.  I plan on retiring next year in my mid-40s.

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
Dragooon
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November 19, 2013, 10:54:24 AM
 #29

It'll go up till 10k$, then crash to 5c Cheesy

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Trade101
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November 28, 2013, 01:44:00 PM
 #30

around 1000 will be the cap i think

still thinking that Tongue ?

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prof7bit
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November 28, 2013, 03:39:07 PM
 #31

more than 100k USD

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Speaker
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November 28, 2013, 04:01:18 PM
 #32

No more than 5k. It will never reach 100k becauuse no one is gonna btc at that point or any point near it.
Martijnvdc
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November 28, 2013, 07:21:26 PM
 #33

what the hell are you guys basing these estimates on?
Just wild guesses?
prof7bit
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November 28, 2013, 07:28:15 PM
 #34

what the hell are you guys basing these estimates on?
Just wild guesses?
Yes. Since it is inevitable that at one point we will have to cross 100k to reach 1M (we can't just quantum-tunnel through this price) we have to guess when exactly this will happen (we cannot calculate the time exactly) and 5 to 10 years seems to be a reasonable guess.

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Ekaros
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November 28, 2013, 07:46:43 PM
 #35

what the hell are you guys basing these estimates on?
Just wild guesses?
Yes. Since it is inevitable that at one point we will have to cross 100k to reach 1M (we can't just quantum-tunnel through this price) we have to guess when exactly this will happen (we cannot calculate the time exactly) and 5 to 10 years seems to be a reasonable guess.

Or it never reaches 1M... And at some point someone dumps large quantity and rest of the investors withdraw and it ends up at 1-10$ level or less...

As valid prediction as any...

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mestar
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November 29, 2013, 01:58:31 AM
 #36

Miners have to sell BTC to pay for the electricity costs.

That's your limiting factor right there.

Higher the price, more electricity the whole network uses. Bitcoin price can not go very high.

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November 30, 2013, 01:25:14 AM
 #37

Miners have to sell BTC to pay for the electricity costs.

That's your limiting factor right there.

Higher the price, more electricity the whole network uses. Bitcoin price can not go very high.



That is true, but ASIC technology will only get better. Moore's law is still in effect. Mining will just become larger scale and more efficient.
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November 30, 2013, 01:43:19 PM
 #38

Between $50k and 200k per coin
Why are you so pessimistic?

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November 30, 2013, 01:52:09 PM
 #39

Bitcoin was at $13 to start the year, now we're at $1,100.

Conservatively:

2014- $50,000
2015- $150,000
2016- $400,000

My 0.02 mBTC
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November 30, 2013, 02:10:21 PM
 #40

Miners have to sell BTC to pay for the electricity costs.

That's your limiting factor right there.  Higher the price, more electricity the whole network uses. Bitcoin price can not go very high.


It's amazing how many people confuse cause and effect, especially with regard to Bitcoin and electricity. Miners respond to the price of bitcoin, not the other way around. If electricity costs go up, inefficient miners stop mining and mining difficulty drops.
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