Goal (OP)
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December 11, 2013, 01:31:53 AM |
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Ok, after doing some simple math, I believe I came up with what some alt coins may be worth by the end of 2014. I took bitcoins growth and plugged in net values along with total supplies and todays market values to get to what I believe to be a better than average estimation. Keep in mind in a market like crypto, prices will sway and are pretty much impossible to calculate. But I think I did a better than average estimate. Hope I helped. Also what do you think the prices will be?
ESTIMATIONS ARE BASED OFF 9/10/13 5:19 PST
Litecoin - $508 Peercoin - $579 Quarkcoin - $55 Worldcoin - $348 Namecoin - $1660 Megacoin - $569 Sexcoin - $277 Infinitecoin - $0.15 Digitalcoin - $1106 Stablecoin - $1422 Ixcoin - $711 Zetacoin - $77 Feathercoin - $465 Betacoin - $375
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Edward50
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December 11, 2013, 01:34:35 AM |
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Looking at those numbers I would say you are crazy.
however, I said bitcoins at $5.00 was way to high in 2011. I also never figured bitcoins would reach $1000 a coin.
So what do I know.
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Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
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Benson Samuel
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Landscaping Bitcoin for India!
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December 11, 2013, 01:35:08 AM |
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Ok, after doing some simple math, I believe I came up with what some alt coins may be worth by the end of 2014. I took bitcoins growth and plugged in net values along with total supplies and todays market values to get to what I believe to be a better than average estimation. Keep in mind in a market like crypto, prices will sway and are pretty much impossible to calculate. But I think I did a better than average estimate. Hope I helped. Also what do you think the prices will be?
ESTIMATIONS ARE BASED OFF 9/10/13 5:19 PST
Litecoin - $508 Peercoin - $579 Quarkcoin - $55 Worldcoin - $348 Namecoin - $1660 Megacoin - $569 Sexcoin - $277 Infinitecoin - $0.15 Digitalcoin - $1106 Stablecoin - $1422 Ixcoin - $711 Zetacoin - $77 Feathercoin - $465
Can ya take a poke at the price of Betacoin as well, it seems to be a stable release.
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myhoho
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December 11, 2013, 01:35:24 AM |
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I only do believe in Litecoin and Primecoin maybe, while Nxt or something alike should dominate the market. All the rest will be forgotten.
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Yurizhai
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December 11, 2013, 01:36:35 AM |
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This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?
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Goal (OP)
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December 11, 2013, 01:37:43 AM |
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Ok, after doing some simple math, I believe I came up with what some alt coins may be worth by the end of 2014. I took bitcoins growth and plugged in net values along with total supplies and todays market values to get to what I believe to be a better than average estimation. Keep in mind in a market like crypto, prices will sway and are pretty much impossible to calculate. But I think I did a better than average estimate. Hope I helped. Also what do you think the prices will be?
ESTIMATIONS ARE BASED OFF 9/10/13 5:19 PST
Litecoin - $508 Peercoin - $579 Quarkcoin - $55 Worldcoin - $348 Namecoin - $1660 Megacoin - $569 Sexcoin - $277 Infinitecoin - $0.15 Digitalcoin - $1106 Stablecoin - $1422 Ixcoin - $711 Zetacoin - $77 Feathercoin - $465
Can ya take a poke at the price of Betacoin as well, it seems to be a stable release. tohugh its new, and not sure of its possible growth, you could expect $375 at a full value
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VforVictory
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December 11, 2013, 01:39:52 AM |
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The thing is, nearly everycoin is tied to Bitcoin prices, and if Bitcoin falls they fall as well. So it's [re[psterous to think so many coins will be over Bitcoin, when, in reality, only one or two have actually proved it isn't tied to Bitcoin. Also, you fail at "Math".
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Benson Samuel
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December 11, 2013, 01:42:50 AM |
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Right or wrong, it's an entertaining read
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Goal (OP)
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December 11, 2013, 01:43:28 AM |
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The thing is, nearly everycoin is tied to Bitcoin prices, and if Bitcoin falls they fall as well. So it's [re[psterous to think so many coins will be over Bitcoin, when, in reality, only one or two have actually proved it isn't tied to Bitcoin.
thats why I feel these estimates are a better than estimate than just saying "we'll see". I feel altcoins are growing faster (ALOT) faster than bitcoin could becuase the way the crypto market is now setup. With companies such as paypal and JP Morgan bringing up crypto coins, and Ron Paul and such making big news about them, I truly see altcoins being at HUGE values by 2015. Just look at bitcoins growth in a time where they were unheard of and being called a joke at the time! I do belive my numbers are decently accurate, and are a good estimate at how much the coins will be worth at full value. ( This is all if bitcoin stays from 1k-1.3k in value) which I believe it will fluctuate between
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hayek
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December 11, 2013, 01:45:41 AM |
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Basically calling for 200 Billion in growth...
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Yurizhai
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December 11, 2013, 01:46:09 AM |
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The thing is, nearly everycoin is tied to Bitcoin prices, and if Bitcoin falls they fall as well. So it's [re[psterous to think so many coins will be over Bitcoin, when, in reality, only one or two have actually proved it isn't tied to Bitcoin.
thats why I feel these estimates are a better than estimate than just saying "we'll see". I feel altcoins are growing faster (ALOT) faster than bitcoin could becuase the way the crypto market is now setup. With companies such as paypal and JP Morgan bringing up crypto coins, and Ron Paul and such making big news about them, I truly see altcoins being at HUGE values by 2015. Just look at bitcoins growth in a time where they were unheard of and being called a joke at the time! I do belive my numbers are decently accurate, and are a good estimate at how much the coins will be worth at full value. ( This is all if bitcoin stays from 1k-1.3k in value) which I believe it will fluctuate between My friend your numbers are no where near accurate. They may not be accurate for a single coin, definitely not all of them.
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User705
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First 100% Liquid Stablecoin Backed by Gold
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December 11, 2013, 01:46:20 AM |
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Sexcoin - $277
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Goal (OP)
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December 11, 2013, 01:48:44 AM |
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This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?
this is if these coins became the top altcoins. Meaning ofc many of the list will fall, but I believe I listed many that are top contenders to the crypto market. And yes I belive a few of these will have a bitcoin market cap in a little over a year. Not impossible, and in the current boom and crypto rush, Id say chances are pretty damn good ( especially compared to any other time you look at it)
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Yurizhai
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December 11, 2013, 01:51:45 AM |
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This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?
this is if these coins became the top altcoins. Meaning ofc many of the list will fall, but I believe I listed many that are top contenders to the crypto market. And yes I belive a few of these will have a bitcoin market cap in a little over a year. Not impossible, and in the current boom and crypto rush, Id say chances are pretty damn good ( especially compared to any other time you look at it) Sure. Everyone here is going to be a millionaire within 15 months everyone! You heard it here first!
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Goal (OP)
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December 11, 2013, 01:52:43 AM |
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you seem like one of the guys who was telling everyone in 2011 to sell their bitcoins for $15
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btcrich
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December 11, 2013, 01:59:05 AM |
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This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?
Bitcoin's current market cap is only $12 billion at the moment. A year fom now it could easily be $500+ billion...who knows. A lot of people think that even $100,000 per Bitcoin could be reached with only a small amount of the world's transactions being made by it. (something like 1%) The Bitcoin community has already done all the hard legwork in bringing digital currencies into the limelight. Hence the amount of time for an altcoin to be adopted and to mature is far less. Given that, I wouldn't think OP's forecasts are unreasonable, particularly in regards to a $500 Litecoin. That's only a ~1000% increase over a year, and it has risen far more than that already in less than 6 months. Anything could happen though, and here's hoping!
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Yurizhai
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December 11, 2013, 02:08:52 AM |
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This list is terrible. You expect almost every coin to have Bitcoin's current market cap within a year?
Bitcoin's current market cap is only $12 billion at the moment. A year fom now it could easily be $500+ billion...who knows. A lot of people think that even $100,000 per Bitcoin could be reached with only a small amount of the world's transactions being made by it. (something like 1%) The Bitcoin community has already done all the hard legwork in bringing digital currencies into the limelight. Hence the amount of time for an altcoin to be adopted and to mature is far less. Given that, I wouldn't think OP's forecasts are unreasonable, particularly in regards to a $500 Litecoin. That's only a ~1000% increase over a year, and it has risen far more than that already in less than 6 months. Anything could happen though, and here's hoping! Trust me, I understand how foolish it is to underestimate cryptocurrencies but this is going way too far for 1 year. SOME of these don't seem crazy but others are ridiculous.
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Goal (OP)
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December 11, 2013, 02:09:26 AM |
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exactly, you cant undermine the value and speed of the market, as its obviously moving very very fast.
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GameKyuubi
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December 11, 2013, 02:11:49 AM |
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Bitcoin's current market cap is only $12 billion at the moment. A year fom now it could easily be $500+ billion...who knows. A lot of people think that even $100,000 per Bitcoin could be reached with only a small amount of the world's transactions being made by it. (something like 1%)
The Bitcoin community has already done all the hard legwork in bringing digital currencies into the limelight. Hence the amount of time for an altcoin to be adopted and to mature is far less.
Given that, I wouldn't think OP's forecasts are unreasonable, particularly in regards to a $500 Litecoin. That's only a ~1000% increase over a year, and it has risen far more than that already in less than 6 months.
Anything could happen though, and here's hoping!
500 billion USD is just under half of the amount of TOTAL USD in circulation. While not impossible, it's a bit too optimistic, imo. Add in the values of the other coins and it doesn't quite make sense, imo.
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GameKyuubi
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December 11, 2013, 02:17:44 AM |
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Then again, the world capital is significantly more. I can't find a good estimate of it, but in order for this level of growth the BTC bug would probably have to spread to more countries.
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