redwoods (OP)
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November 28, 2013, 10:46:03 AM |
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All options are approximate obviously !
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bryant.coleman
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November 28, 2013, 10:49:53 AM |
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I don't think the exchange price of Bitcoin (versus USD) will ever stabilize.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
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beetcoin
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November 28, 2013, 10:53:28 AM |
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I don't think the exchange price of Bitcoin (versus USD) will ever stabilize.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
well yeah, but it could be much more stable than it currently is.. like gold, which i believe has been in the range of $1100-1600 over the past 3-4 years.
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teff
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November 28, 2013, 11:34:10 AM |
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We should be looking to measure its worth in trade value in the future, not against another currency.
I'd be more interested to know how much in bitcoins people think we will be paying for a loaf of bread, wedge of cheese or pint of milk in the future.
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niothor
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November 28, 2013, 12:28:04 PM |
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Why did you post 50$ and 250$ ? Want to troll some bears with this?
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Hawker
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November 28, 2013, 12:33:06 PM |
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Bitcoin mining will carry on until about 2140.
At that point, the dollar may no longer exist and the "price" of Bitcoin will be expressed in terms of a commodity like gold or copper.
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PenAndPaper
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November 28, 2013, 12:38:03 PM |
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There isn't a thing like "final price of bitcoin" thats why every other bullish thread is like "bitcoin 1000000000000000$ when?"
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Wilhelm
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November 28, 2013, 12:43:40 PM |
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Probably it will stabilize at goldbar price of roughly half a million dollars a coin in about 5 years. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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chemicalbruva
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November 28, 2013, 12:47:21 PM |
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According to the following source http://www.dailyfinance.com/2013/11/17/bitcoin-bubble-or-value/ btc will stabilize at around 38,000 usd if it achieves 5% of the value of gold. In my opinion, it would be a disaster if it doesn't achieve at least this level. It will take some years to break the 100,000 usd mark and this will only happen if it becomes a major, mainstream commodity.
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sgbett
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November 28, 2013, 01:47:12 PM |
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IMHO it will go to 10 to 100x the final 'stable' value at some point during the mainstream adoption gold rush. Then the sell-off will be epic. There will be the largest redistribution of wealth in history. It will make/or break millions. After the final grand oscillation period it will settle in to the 5 or 6 figure range. I think this is 5-10 years out. I also think there is about 0.1% chance that I am accurate ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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fred1111
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November 28, 2013, 02:26:23 PM |
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It will take some years to break the 100,000 usd mark and this will only happen if it becomes a major, mainstream commodity.
Speculation will anticipate this valuation by many years as it will be quite a safer bet than buying bitcoin @ $35
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oda.krell
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November 28, 2013, 02:43:55 PM |
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IMHO it will go to 10 to 100x the final 'stable' value at some point during the mainstream adoption gold rush. Then the sell-off will be epic. There will be the largest redistribution of wealth in history. It will make/or break millions. After the final grand oscillation period it will settle in to the 5 or 6 figure range. I think this is 5-10 years out. I also think there is about 0.1% chance that I am accurate ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Dude, I like your posts.
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Not sure which Bitcoin wallet you should use? Get Electrum!Electrum is an open-source lightweight client: fast, user friendly, and 100% secure. Download the source or executables for Windows/OSX/Linux/Android from, and only from, the official Electrum homepage.
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chemicalbruva
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November 28, 2013, 02:48:21 PM |
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It will take some years to break the 100,000 usd mark and this will only happen if it becomes a major, mainstream commodity.
Speculation will anticipate this valuation by many years as it will be quite a safer bet than buying bitcoin @ $35 Maybe im missing something but: Im talking about btc stabilizing at 100000 usd as a result of its maturity. You're talking about it reaching that price as a result of speculation. Imo, speculation tends to cause bubbles and doesnt necessarily promote stability (keep in kind there are no btc watchdogs/ stabilization mechanisms as such today). Also, according to your statement. Do you think 1 btc = 100000 usd within a year as a result of speculation?
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Newscastix
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November 28, 2013, 02:54:19 PM |
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I don't think the exchange price of Bitcoin (versus USD) will ever stabilize.
This is because the BTC is guarded against inflation, while the USD is not so. So the BTC will gain on exchange with the USD, as time progresses.
deflationary /thread
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zendantom
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November 28, 2013, 02:54:53 PM |
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Bitcoin will stabilize around 2,000 usd for few months, but the trend will always be bit upward because of USD inflationary nature
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Sindelar1938
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November 28, 2013, 02:56:18 PM |
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Between $50k and $100k
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SnowMonkey_CG
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November 28, 2013, 02:57:55 PM |
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I reckon around $300k a coin, not lower than $100k and not higher than $1M. Those are today's dollars.
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anu
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November 28, 2013, 03:02:38 PM |
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All options are approximate obviously !
“Paper money eventually returns to its intrinsic value – zero.” (Voltaire, 1694-1778) So where you think the stable value of Bitcoin will be at, in USD? Or do you want to know the price in NewDollar? New-D-Mark, SDR? Maybe its better posing such a question in relation of something that can actually be compared to Bitcoin. Gold, for example.
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redwoods (OP)
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November 28, 2013, 04:09:59 PM |
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All options are approximate obviously !
“Paper money eventually returns to its intrinsic value – zero.” (Voltaire, 1694-1778) So where you think the stable value of Bitcoin will be at, in USD? Or do you want to know the price in NewDollar? New-D-Mark, SDR? Maybe its better posing such a question in relation of something that can actually be compared to Bitcoin. Gold, for example. This poll is only meant as a bit of speculative fun, we all know about inflation and the fact that all fiat currencies throughout history eventually became history.
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sgbett
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November 29, 2013, 02:19:34 AM |
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IMHO it will go to 10 to 100x the final 'stable' value at some point during the mainstream adoption gold rush. Then the sell-off will be epic. There will be the largest redistribution of wealth in history. It will make/or break millions. After the final grand oscillation period it will settle in to the 5 or 6 figure range. I think this is 5-10 years out. I also think there is about 0.1% chance that I am accurate ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Dude, I like your posts. Thanks! I think it best not to take anything *too* seriously, but in particular oneself. For that road leads to a dark place!
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"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" - Satoshi Nakamoto*my posts are not investment advice*
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