What do you think the price of bitcoin will be 1 year from today (feb 2015)?

[JimboToronto]

This board is full of young kids trying to make a fast dollar.

No! Really?

 

[thelema93]

with sites starting to accept bitcoin as payment, it looks good for btc future
there is no telling what will happen to btc but it looks like people will definitely invest in it if the price dips and what not

Governments banning it.

US regulatory stance still not yet decided.

Market totally cornered by a relative handful of whales who end up in a big fight to the death.

Exponentially growing computational demands that already requires the power of 50 Super computers.

Dodgy exchanges going under with everyone's funds and Bitcoins.

.......go and google E-Gold. An electronic digital payments system backed by precious metals, right through the period of precious metals expansive boom. Talk about Win-Win-Win. Over 5 million users. Where is it now?

Bitcoin used by thousands more people everyday.
Instant money exchange - no fees.
India, Africa can afford to send money to relatives easily, quickly
Totally decentralized and IMPOSSIBLE to shut down
Price determined by users not banksters
German government & US Government accept bitcoin as a real currency
who gives a toss about e-gold?
Where is Matthecat now?

If you hate bitcoin so much what are you doing here exactly? I mean seriously all you do is tell people how bad bitcoin is.

PS. the price in 1 year will be over $5000

[fallinglantern]

8591.26 USD

[thefunkybits]

I was just about to come in here and post my prediction of aroun $8K but somebody has beat me to it!
ah well...


$8000 BTC is my conservative estimate for Feb. 2015

[Hunterbunter]

I don't know what the price will be in 2015, but I know the price in 2020 will be $100k/coin.

[Yololintian]

$2100-$2400

[pungopete468]

2014 and 2015 are going to be stressful years for crypto. The resistance we encounter for next two years will determine the near-term fate of Bitcoin as a mainstream technology. If it survives in the mainstream market until 2016/2017 then it's won a place in the world economy and the price cap will be insanely high. It's impossible to tell right now...

I predict we'll see $10,000 within 12 months assuming we establish some regulatory clarity.

As far as regulation is concerned; the world will continue to spin tomorrow in the same fashion that it does today. The powers that currently exist will try to grab as much power as they can get away with grabbing. The reality of the matter is that regulators can never have more than the illusion of control if they seek it with Bitcoin...

Regulating Bitcoin isn't the same as regulating the dollar... They don't own the control over it and are simply limited in the powers available to them... The protocol can't be regulated; only within the businesses and exchanges that convert it to USD can they effectively enforce regulations.

The dollar is highly regulated; of course any transactions that convert BTC into dollars will be regulated as well. Outside the scope of exchange for dollars they can't accomplish anything with regulation.

If you can't live with regulation then don't exchange BTC for USD. The P2P aspect will never be regulated for as long as the government wishes to maintain the image of a representative government. Any attempt would simply be unenforceable for lack of the governmental tools and powers to do it.

I have no idea where we'll be next year. I just think it's all or nothing with Bitcoin...

[Biodom]

basis for prediction: if price stays the same-$700-$800, then with monthly difficulty rises at 50% (much less than current~72%) by October-November cost of electricity will be approximately the same as monthly bitcoin production (in most places). Considering that machines cost anywhere between $6000-10000 for 2-3TH, the situation would be untenable.

Therefore, BTC has to be at no less than $2500 somewhere between July and Nov (with 50% average monthly rise).
With 40% monthly diff rise-at least $1600
With 30%-at least $900
With anything below these $$ numbers-mining is in jeopardy.

Feb 2015 is too far to predict. Could be between 0 and 10000.

[Dafar]

Lol at all the bulls ITT...

I think the most likely scenario will be around $800-900/btc. I said this around december and I still believe we are about to see the longest sideways movement we've ever encountered. We'll see our next rally somewhere around mid to late 2015... maybe with wallstreet action, huge breakthroughs or wrinkelvoss etf's... thats plenty of time for weak hands to leave the train before it takes off again with the lucky ones

[jenaric]

Edit: I'm not trying to be mean.

pun intended? get it "mean" charts!? HAHAHAHAHA!

[d5000]

667,45 $.

[jenaric]

667,45 $.

+1

[cAPSLOCK]

I like to look at past trends and the history of bitcoin has been phenominal.  What price do you think 1 btc will cost one year from today (feb 2015)?

From seeing the past trend it seems to be exponential to me.

You might do well to consider the possibility of Bitcoin not even existing by Feb 2015. I am not saying that I think this will happen; although it is certainly possible that this star has shone too bright too soon, I am just saying that it might do your frame of mind the world of good to consider this possibility and the many ways that a Bitcoin death event might be brought about.

If you came to Bitcoin back in October or November with your obvious level of enthusiasm and anxiety to get invested. You would have done very well. But it is a very different market right now. Instead of dreaming about exponential profits, try focussing on learning to read these markets and choosing a good entry point, and then nursing your position and ensuring that you aren't going to go underwater on it. Let Feb 2015 take care of Feb 2015 itself.

I will bet you 25BTC that Bitcoin will indeed exist in Feb 2015.

[MatTheCat]

If you hate bitcoin so much what are you doing here exactly? I mean seriously all you do is tell people how bad bitcoin is.

I don't hate Bitcoin. I just want to see you lose everything. That would be so funny.

[Mythul]

> $8000 There is no stopping the rocket.

[apuestascoin]

1000$

In a year , too many coins with no diference with bitcoin , only was the first .

[hellscabane]

Huh, for some reason, I want to say that the market cap will actually hit $25B for a short while, but I don't have it coinciding with Feb. 2015. So, I'm going to say $650. That sounds like a somewhat okay number to go with...

[gentlemand]

1000$

In a year , too many coins with no diference with bitcoin , only was the first .

For crypto to get anywhere, at some point there needs to be a consensus as to which one the world is going to favour otherwise it's all been pointless.

That'll be the one that's highest in the minds of those who drive it. Right now that's Bitcoin.

[knightcoin]

3 x Platinum

[nmersulypnem]

zero.  ok ok, about $0.10.  It'll have a tiny value because it'll be like owning a little bit of history.  The first crypto!