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Question: lwhat will be bitcoin real value in future 2040
50.000$ - 1 (100%)
0 - 0 (0%)
Total Voters: 1

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Author Topic: bitcoin in 2040  (Read 4335 times)
cyth (OP)
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March 10, 2014, 04:45:09 PM
 #1

let's look back

2010 - 0.01$ (famous pizza event)
2011 - 10$
2012 - 100$
2013 - 1000$
mustyoshi
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March 10, 2014, 04:46:27 PM
 #2

I am officially giving my opinion that Bitcoin as we know it will not exist, or if it does, it won't be the major cryptocurrency in use.

Cryptocurrencies are here to stay, but I doubt Bitcoin will be a major player in the long run.
Tx2000
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March 10, 2014, 04:56:31 PM
 #3

I believe in Bitcoin.  That said, I don't believe Bitcoin will be around in 2040.  It will be replaced by something else in the same vain, that is more efficient, accessible and secure.
justusranvier
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March 10, 2014, 04:57:38 PM
 #4

By that time either Bitcoin will be the world currency, or else it will no longer exist.
bitcasino
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March 10, 2014, 05:07:18 PM
 #5

Bitcoin value will be 1 000 000 $ for 1000 Bitcoins, I guess. Wink
Dissonance
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March 10, 2014, 05:21:14 PM
 #6

I don't think we will see 10,000 this year.  I know that has been the patern but the Market Cap of Bitcoin will be a drag on its valuation.  Its easy to go up 10x when the market cap is small. However for Bitcoin to keep up this pace A 10x Move will push us close to the $100B in market cap....that's real money and its going to take a lot of mass adoption to move us to that valuation. We may get there in a few years but don't expect bitcoin to put up the gains it has in the past.
akujin
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March 10, 2014, 05:26:11 PM
 #7

$0
SHA256 gets cracked and everyone flee  Grin Grin Grin

BTC: 165rKPfGJ3ndrG1QziHR6ACnViP4EQHNK7
LTC: LMysGMFjmF9gR9RzStij74msXrDP1NqW8X
DOGE: DRZXGgcKN8kANwko3VycsBVVGqfy6XsSpM
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March 10, 2014, 05:33:37 PM
 #8

What if in 2040 dollar won't exist anymore?

dropt
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March 10, 2014, 05:35:21 PM
 #9

It won't exist because all of the speculation and profit taking will have driven it into the ground.
dropt
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March 10, 2014, 06:34:16 PM
 #10

Speculation is the topic of market analaysis to try and determine/predict market movements.

Well, I should say it's supposed to be, or it was.  Now it's mostly just full of idiot trolls because the mod is asleep at the wheel.

Speculation is the topic of market analaysis to try and determine/predict market movements.

Well, I should say it's supposed to be, or it was.  Now it's mostly just full of idiot trolls because the mod is asleep at the wheel.
Wilhelm
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March 10, 2014, 07:19:35 PM
 #11

let's look back

2010 - 0.01$ (famous pizza event)
2011 - 10$
2012 - 100$
2013 - 1000$

2014 - 10000$
2015 - 100000$
...
2040 - 1000000000000000000000000000000$

OMFG! it'll be like 1000000000000000000000 Billion $

We'ze all be rich!!!!

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
EuroTrash
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March 10, 2014, 07:38:11 PM
 #12

The US dollar won't exist or won't be relevant anyway.

No fiat currency managed to keep the status of world reserve currency over two full centuries so far.

<=== INSERT SMART SIGNATURE HERE ===>
Luno
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March 10, 2014, 07:41:06 PM
 #13

We will be fat and balding, no point in being rich in 2040
seleme
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March 10, 2014, 10:08:21 PM
 #14

We will be fat and balding, no point in being rich in 2040

lol, yeah, I'd be 63 then.

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Ekaros
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March 10, 2014, 10:12:36 PM
 #15

0...

12pA5nZB5AoXZaaEeoxh5bNqUGXwUUp3Uv
http://firstbits.com/1qdiz
Feel free to help poor student!
TERA
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March 10, 2014, 10:32:59 PM
 #16

One google dollars.
exocytosis
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March 11, 2014, 12:18:08 AM
 #17

Neither Bitcoin nor humans will exist in 2040. In the ruins of a war-torn planet, there might still be some cyborgs and/or robots, but they won't have any need for money or similar archaic concepts.

In the short to medium term:

Bitcoin will soon be succeeded by another cryptocurrency. One that is user-friendly, safe, fast and anonymous. The Bitcoin community is, sadly, failing to build a reliable, secure and -- most importantly -- user-friendly infrastructure. That will be the downfall of this particular cryptocurrency, but not of cryptos as such. I think Bitcoin's ATH was reached in November 2013. BTC price for most of 2014 will stay in the 300-700 USD price range, giving short-term traders decent opportunities to make money.
MAbtc
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March 11, 2014, 12:19:20 AM
 #18

Neither Bitcoin nor humans will exist in 2040.

What do you predict to be our extinction event?
pungopete468
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March 11, 2014, 12:37:43 AM
 #19

Probably worth this much:




Bitcoin in 2040 will be like comparing technology as it existed in 1988 to the tech of today.


1988:



2014:


.
..1xBit.com   Super Six..
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exocytosis
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March 11, 2014, 12:40:46 AM
 #20

Neither Bitcoin nor humans will exist in 2040.

What do you predict to be our extinction event?

Nuclear meltdown of more than 400 fission reactors + lack of food production due to runaway global warming caused by the activation of several self-reinforcing feedback loops. On a severely overpopulated Earth, this leads to nuclear and biological warfare for the remaining food, clean water, oil and other scarce natural resources. Famine, pandemics and cannibalism ensues, lasting until the last humans go extinct.

Have a look at some statistics, e.g. arable land per capita, if you want to be frightened. And take into account the fact that human civilization represents the sixth big extinction event in Earth's history. We're decimating biological diversity, just to accelerate the cancerous growth of our depraved economy.

http://www.peakfish.com/page/2/

Also: Guy McPherson's work is interesting if you're into the doom and gloom stuff.
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