Will Bitcoin be around in 5 years? If so, what's its price?

[Patel]

Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.

[Bitcopia]

Do you think Bitcoin will be around in 5 years?

If so, how much do you think it's value will be?

Would you buy some now, if you couldn't use it for 5 years?

Feel free to express your opinion.

Yes. Network Effect of a distributed system that the world has been waiting for.

Between $1,000 and $1,000,000. $50,000 as my crystal ball guess for 1 BTC in July 2019.

Yep.

The upside potential greatly outweighs the failure possibility which is becoming less likely every day.

[WillyBTC]

One. Mirrion. Dollars.

I could see it sub-100. I could see it where we are now. I could see five figures, or even six. My bet is on the latter two, but I'm trying to remain open and realistic.

[Bobsurplus]

$216,125 on 28/07/2019 @11:30 PM. Any time zone!

[spiderbrain]

50% chance $100k. 50% chance $0. great odds.

[InwardContour]

There are much more probability for bitcoin to be over 10000$ than to be 0$ in my opinion,
the risk in this type of investment is big but the huge hypothetical gain is worth it.

[FeodoroAndy]

It will sure be with us strong and healthy in 2019. Value ? It can vary between 5000$ and 200000$.

[Justine]

Very optimistic view from some people here.

[WillyBTC]

There are much more probability for bitcoin to be over 10000$ than to be 0$ in my opinion,
the risk in this type of investment is big but the huge hypothetical gain is worth it.

That's the risk -- upside possibilities are sky high. Downside is limited. But that doesn't mean there is a higher probability for bitcoin to be $100k than $0. I'd probably give similar odds.

[Qoheleth]

I would be willing to stake quite a bit on the supposition that it will still exist, that blocks will still be coming at about 10 minutes between, and that the price will be above $2/coin. I consider those to be safe suppositions, since the only danger I can see there is if someone was able to partial preimage attack 2SHA256, preimage attack RIPEMD-160, or break our ECDSA curve. Even a miner revolt - often called out as a doomsday scenario - seems unlikely to me to push the price back below $2/coin, taking into account the state of the BTC economy the last time we were at that price compared to the infrastructure in place today.

More than that, I can't say. A lot can happen technologically in five years.

I'd not buy any now for five-year layaway, but that's mostly due to issues of variance comparing poorly to the size of a minimal useful bet. I've got my stash of old money; that's enough for me right now.

[WillyBTC]

I would be willing to stake quite a bit on the supposition that it will still exist, that blocks will still be coming at about 10 minutes between, and that the price will be above $2/coin. I consider those to be safe suppositions, since the only danger I can see there is if someone was able to partial preimage attack 2SHA256, preimage attack RIPEMD-160, or break our ECDSA curve. Even a miner revolt - often called out as a doomsday scenario - seems unlikely to me to push the price back below $2/coin, taking into account the state of the BTC economy the last time we were at that price compared to the infrastructure in place today.

More than that, I can't say. A lot can happen technologically in five years.

I'd not buy any now for five-year layaway, but that's mostly due to issues of variance comparing poorly to the size of a minimal useful bet. I've got my stash of old money; that's enough for me right now.

But why would it stop at $2/coin? Seems to me that anything so catastrophic would probably just take it down to $0, make it worthless entirely. But maybe I am approaching this wrong.

[ensurance982]

It will! Ummm, I guess it'll be at about $32'000 USD. Mark my words!

[OsNaP]

When there will be quantum computers in general, 0!

[Brewins]

No way to know, depends if the bitcoin price manages to be above the costs to mine them.

If bitcoin going to survive, price must be at least 4x600 = 2400, the price to generate one after two halvings.

[giveBTCpls]

I'll say it again: The day Paypal accepts Bitcoin's existance the disruption in the market will be insane to proportions never even imagined before. Imagine ebay with big "Bitcoin Accepted" buttons every fucking where. Exactly, lots of 0's.

[spazzdla]

Only a fool would think BTC will go away.

[ensurance982]

I can assure you it will be high! Trust me!

[FreedomCoin]

I would be willing to stake quite a bit on the supposition that it will still exist, that blocks will still be coming at about 10 minutes between, and that the price will be above $2/coin. I consider those to be safe suppositions, since the only danger I can see there is if someone was able to partial preimage attack 2SHA256, preimage attack RIPEMD-160, or break our ECDSA curve. Even a miner revolt - often called out as a doomsday scenario - seems unlikely to me to push the price back below $2/coin, taking into account the state of the BTC economy the last time we were at that price compared to the infrastructure in place today.

More than that, I can't say. A lot can happen technologically in five years.

I'd not buy any now for five-year layaway, but that's mostly due to issues of variance comparing poorly to the size of a minimal useful bet. I've got my stash of old money; that's enough for me right now.

But why would it stop at $2/coin? Seems to me that anything so catastrophic would probably just take it down to $0, make it worthless entirely. But maybe I am approaching this wrong.

SHA and PKI would have to be broken IMO.. and if that happens we have WAY bigger problems on our hands than some emunie.

I say yes it will be around... maybe based on a new currency.. like a global rate tied to some other metric that is not fiat.

[xDan]

Yeah.

Actually, even if a "better" cryptocurrency comes along, I still see Bitcoin as being the gold standard and the go to store of digital wealth. It will forever remain the most battle tested, which means an awful lot.

Value? $5K - $1mil. Who knows.

[An amorous cow-herder]

Will it still be there?
Most likely.

What will it be worth?
Far too much can happen in 5 years to guess that.