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Author Topic: Bitcoins : Is it worth investing at this late stage?  (Read 1893 times)
dlresponse
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January 18, 2014, 05:53:58 PM
 #1

I have been having a chat with my Dad about whether it is worth investing in five or ten bitcoins in the hope that their value may go even higher in the next 2 years. Can you guys give a quick opinion about where you see the value of Bitcoins in 2 years from now. Have they reached their peak or is there still a long way up from here? Your opinions would be appreciated.

 
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January 18, 2014, 05:57:35 PM
 #2

I have been having a chat with my Dad about whether it is worth investing in five or ten bitcoins in the hope that their value may go even higher in the next 2 years. Can you guys give a quick opinion about where you see the value of Bitcoins in 2 years from now. Have they reached their peak or is there still a long way up from here? Your opinions would be appreciated.

Nobody can know that for sure. It depends if Bitcoin start out to be a success. If they are , then this is just the beginning. But this also requires for people to actually use BTC.

Either way. This is not a late stage as Bitcoin just got out of the shadows and into Mainstream.

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January 18, 2014, 06:05:51 PM
 #3

I have been having a chat with my Dad about whether it is worth investing in five or ten bitcoins in the hope that their value may go even higher in the next 2 years. Can you guys give a quick opinion about where you see the value of Bitcoins in 2 years from now. Have they reached their peak or is there still a long way up from here? Your opinions would be appreciated.

Nobody can know that for sure. It depends if Bitcoin start out to be a success. If they are , then this is just the beginning. But this also requires for people to actually use BTC.

Either way. This is not a late stage as Bitcoin just got out of the shadows and into Mainstream.

As above. Nobody can guarantee you anything with an investment and with any investment there's always risk. However, if Bitcoin keeps growing and gaining more mainstream adoption, then it's very likely that the price will go along with that, but nothing is guaranteed. Only you can choose whether to take the gamble and invest.

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January 18, 2014, 06:07:46 PM
 #4

It is not late. It'll be late when you can buy stuff in most highstreet stores. We're at least 6 months away from that and it could take a few years.

If Bitcoin replaced the USD, it would be worth like a million each or more. That's the potential

IMO, more realistically, provided bitcoin is not compromised, we could see BTC at over 5000 USD by next year.

If you haven't used bitcoin before, first buy a small amount and use it to get used to it. Experiment a little first.

Take your own risks, no-one knows the future.
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January 18, 2014, 06:16:27 PM
 #5

Yes,its never too late,dont invest too much at the begging,start low and if you make profit do higher amounts. good luck
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January 18, 2014, 06:25:09 PM
 #6

Yes,its never too late,dont invest too much at the begging,start low and if you make profit do higher amounts. good luck

It's too late if you invest the day before the end.

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January 18, 2014, 06:28:59 PM
 #7

This is just the beginning.

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January 18, 2014, 06:33:17 PM
 #8

This is just the beginning.

Of the end?

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January 18, 2014, 07:03:11 PM
 #9

I have been having a chat with my Dad about whether it is worth investing in five or ten bitcoins in the hope that their value may go even higher in the next 2 years. Can you guys give a quick opinion about where you see the value of Bitcoins in 2 years from now. Have they reached their peak or is there still a long way up from here? Your opinions would be appreciated.

I think it's safe to say Bitcoin will go higher...or blow up entirely. So while you may not see a big increase anytime soon, it's still worth a shot. The platform is still in it's infancy. Even many IT professionals are only dimly aware of it. The fact that we found this forum means we're part of the 1%!

Personally, I would be glad with even a very modest (~5%) YoY value increase. Right now the community needs stability. Of course I would love to see my investments pay off in a very big way, but I'm trying to keep my head cool.

That said, in my most optimistic expectations, a single BTC will hit $10,000 this year. More than this would be cuckoo-insane and probably be a major disruption of the world economy.
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January 18, 2014, 07:12:12 PM
 #10



I have been having a chat with my Dad about whether it is worth investing in five or ten bitcoins in the hope that their value may go even higher in the next 2 years. Can you guys give a quick opinion about where you see the value of Bitcoins in 2 years from now. Have they reached their peak or is there still a long way up from here? Your opinions would be appreciated.

In my opinion, the greatest returns (and the greatest risks) lie in the altcoin category. For example a $100 investment in Litecoin at the beginning of 2013 is now worth $30,000. There will be other coins in 2014 with similar returns. The question becomes "which ones?"

Your journey begins here: http://coinmarketcap.com

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BitcoinStacker
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January 18, 2014, 08:21:13 PM
 #11

I think BTC will hit the $10k in 2 years
ZjP
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January 18, 2014, 08:33:24 PM
 #12

One should never engage in an investment unless they are sufficiently familiar with it to understand the various probable outcomes, and how they would effect their investment.

If it is indeed 'late stage' for bitcoin, that would imply that bitcoin is well past the 50th percentile of its lifespan and will soon be no more. If you believe this to be the case, of course it would be foolhardy to 'invest'.
binarygangster
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January 18, 2014, 09:34:01 PM
 #13

I feel now is absolutely the right time to invest. There isn't really as much speculation as there used to be on whether or not the system can work. From massive network attacks to scammers and initial dismissal, bitcoin maintained it's course, thanks to the dedicated supporters . The networks only grow stronger from this point. If there was a time for it fail, bitcoin didn't get the memo and now it's too late.

It's now gaining support from the major financial institutions and the big players in business are rushing to join the fun too.

Overstock.com is now accepting bitcoin as payment it and I believe NewEgg is supposed to be following suit. Google is coming out with a nifty device to store all of your cryptocoin wallets on a secure device, which strengthens the positioning and appeal to some (certainly not all) of the other (mostly) scrypt based coins.

The direction is much more clear now and even the fact that it's a legitimately debatable topic to discuss the potential for Bitcoin to realistically replace USD and all the others for that matter.

IMHO, we have yet to even come close to seeing the level of success Bitcoin is capable of achieving.

Bitcoin no longer needs training wheels. Yeah it's a huge step but it's not even old enough to drive yet.
Kenshin
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January 18, 2014, 09:39:55 PM
 #14

I have been having a chat with my Dad about whether it is worth investing in five or ten bitcoins in the hope that their value may go even higher in the next 2 years. Can you guys give a quick opinion about where you see the value of Bitcoins in 2 years from now. Have they reached their peak or is there still a long way up from here? Your opinions would be appreciated.

 

I think it is not too late to invest in Bitcoin at this stage. But if I am you, I will wait till the FBI sell their bitcoins to the market. There will be a bog drop in price, when that happens. In 2 years time, I don't know what price it will be, but some analyst in Wall Street, think it will be around $10,000 per bitcoin.

Good luck in your decision.  Smiley
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January 18, 2014, 10:12:49 PM
 #15

Here are mostly Bitcoins believers (myselves included) so the opinions are biased.
I personally see Bitcoin is usefull in transfering wealth globally, so I give Bitcoin good future in continuing globalized world.
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January 18, 2014, 10:17:56 PM
 #16

It might be beginning of the end. It is as usually no one else can tell you when to invest successfully. Or if you fail they do not take any responsibility.

Play with the play money only as usually and you will be just fine.
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January 18, 2014, 10:32:31 PM
 #17

Don't invest any money you can't afford to lose. While Bitcoin has a lot of potential,  it is obviously volatile and could face challenges from other crypto-currency projects or aggressive government regulation.
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January 18, 2014, 10:34:16 PM
 #18

It always makes me laugh that everyone wants to guess what Bitcoin will be worth at some point in the future.

Everyone really needs to read their Taleb a little more...
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January 18, 2014, 10:53:32 PM
Last edit: January 19, 2014, 12:01:15 AM by Gulinborsti
 #19

I think there is no good or bad point to get into bitcoins at this stage. There are currently a lot of things going on and the near future of the bitcoin price is unpredictable.
As a long term investment I personally believe that it will turn out to be a successfull investment.

Just don't invest more than you can afford to loose or forced to hodl due to short term price drops.
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January 19, 2014, 12:11:59 AM
 #20

dont know. Have been trying to mine the alt coins as replacement and hope they will be worth more later.
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