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Author Topic: Where do YOU see bitcoin in 1 month? 1 year? 5 years?  (Read 2273 times)
marcotheminer
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September 24, 2014, 06:44:06 PM
 #1

As the title states, share your beliefs!

Personally:

1 month - Same as now (price wise, no major adoption taking place)

1 year - Price is 'steady' at 2k, adoption by a few chains online and fewer locally.

5 years - Price is still at 2k, adoption is close to peaking, with most retailers accepting it online and some locally.
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matt608
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September 24, 2014, 06:51:13 PM
 #2


1 month - $320 - $650

1 year - $1500 - $6000

5 years - $25k - $50k


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marcotheminer
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September 24, 2014, 06:55:15 PM
 #3


1 month - $320 - $650

1 year - $1500 - $6000

5 years - $25k - $50k



Any reasons or theoretical future figures that led you to believe in those numbers?
Melbustus
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September 24, 2014, 07:01:01 PM
 #4

OP, note that "adoption" is not simply merchant acceptance. That may be the trend right now, because bitcoin is currently a superior global payment network, but that won't be the primary value long-run. Eventually, fiat-payment systems will catch up. Then it will be more obvious to people that bitcoin's core value is in a confiscation-resistant, limited-supply, complete-monetary-information, open, permissionless currency and asset-class.

So "adoption" can better be thought of as some combination of number of holders and market-cap. Merchant adoption currently helps both, but will stagnate eventually, at which point the above considerations rightfully becomes dominant.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Cryptoasset rankings and metrics for investors: http://onchainfx.com
Schwarzalbert
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September 24, 2014, 07:09:45 PM
 #5

As the title states, share your beliefs!

Personally:

1 month - Same as now (price wise, no major adoption taking place)

1 year - Price is 'steady' at 2k, adoption by a few chains online and fewer locally.

5 years - Price is still at 2k, adoption is close to peaking, with most retailers accepting it online and some locally.


This prediction would be awesome.

Could be realistic in my opinion.

!!!!!!!!!! ΠΞΜ - New Economy Movement !!!!!!!!!!
LFC_Bitcoin
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September 24, 2014, 07:10:15 PM
 #6


1 month - $320 - $650

1 year - $1500 - $6000

5 years - $25k - $50k



Really hope you're close with those predictions.

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September 24, 2014, 07:11:48 PM
 #7

1 month : 500
1 year : 5 000
5 years : 25 000
betterangels
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September 24, 2014, 07:15:18 PM
 #8

1 month          = 520 usd
2 years (2016) = 2.000 usd 
5 years (2019) = 2.500 usd each
Jerrietg
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September 24, 2014, 07:32:55 PM
 #9

1 month          = 520 usd
2 years (2016) = 700USD
5 years (2019) = 1000USD 'steady price

reason? bitcoin is great , i think it will go rise  step by step and finally become Universal equivalent
marcotheminer
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September 24, 2014, 07:34:39 PM
 #10

1 month          = 520 usd
2 years (2016) = 700USD
5 years (2019) = 1000USD 'steady price

reason? bitcoin is great , i think it will go rise  step by step and finally become Universal equivalent


I wouldn't mind a 1000USD price as long as it is stable and adoption increases continuously!
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September 24, 2014, 07:36:26 PM
 #11

1 month          = 520 usd
2 years (2016) = 700USD
5 years (2019) = 1000USD 'steady price

reason? bitcoin is great , i think it will go rise  step by step and finally become Universal equivalent


If it takes 5 years to ever hope to stratch ATH again, it means we lost the boat and we'll never be rich (or we will be too old to enjoy the wealth). Maybe even it would mean the adoption is way too slow for BTC to become something that normal people is going to care about. Let's hope this is not the case. In any case, if you don't own at least 300 BTC now you'll never retire from BTC which is what everyone wants secretly, so im already kinda meh about Bitcoin. If I can't retire off it, it's pointless.
noob2001
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September 24, 2014, 07:39:07 PM
 #12

If bitcoin is only $1000 in 2019, then it has failed.

Bitcoin needs a high market cap to become a stable currency and a store of value.

Therefore, I think bitcoin will be above $50k in 2019
marcotheminer
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September 24, 2014, 07:39:18 PM
 #13

1 month          = 520 usd
2 years (2016) = 700USD
5 years (2019) = 1000USD 'steady price

reason? bitcoin is great , i think it will go rise  step by step and finally become Universal equivalent


If it takes 5 years to ever hope to stratch ATH again, it means we lost the boat and we'll never be rich (or we will be too old to enjoy the wealth). Maybe even it would mean the adoption is way too slow for BTC to become something that normal people is going to care about. Let's hope this is not the case. In any case, if you don't own at least 300 BTC now you'll never retire from BTC which is what everyone wants secretly, so im already kinda meh about Bitcoin. If I can't retire off it, it's pointless.

That is NOT the attitude. No one should care if bitcoin will make you "rich". Its about forming a new currency. I dont see anyone else investing in the pound and saying "if in 5 years I can't retire from a $10,000 investment" it's worthless..

Its a currency, an asset. Not a money making, get rich quick scheme.

If bitcoin is only $1000 in 2019, then it has failed.

Bitcoin needs a high market cap to become a stable currency and a store of value.

Therefore, I think bitcoin will be above $50k in 2019

Is price the only thing that determines bitcoin's success for you?! Well, it shouldn't be.. Go read the Satoshi whitepaper please and learn about the advantages and impacts bitcoin has had/can have.
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September 24, 2014, 07:40:45 PM
 #14

1 month          = 520 usd
2 years (2016) = 2.000 usd 
5 years (2019) = 2.500 usd each

Very nice prediction, but I will not be so oiptimistic.
Even if Bitcoin price will reach 520 usd by the end o0f this year, this will be good.
It seems today we have more sellers than buyewrs of Bitcoin.
Real, ''big'' changes will begin when big merchants  accept Bitcoin as payment option, not before.
I hope this will happen in 2 or maximum 5 years.

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September 24, 2014, 07:45:56 PM
 #15

1 month          = 520 usd
2 years (2016) = 700USD
5 years (2019) = 1000USD 'steady price

reason? bitcoin is great , i think it will go rise  step by step and finally become Universal equivalent


If it takes 5 years to ever hope to stratch ATH again, it means we lost the boat and we'll never be rich (or we will be too old to enjoy the wealth). Maybe even it would mean the adoption is way too slow for BTC to become something that normal people is going to care about. Let's hope this is not the case. In any case, if you don't own at least 300 BTC now you'll never retire from BTC which is what everyone wants secretly, so im already kinda meh about Bitcoin. If I can't retire off it, it's pointless.

That is NOT the attitude. No one should care if bitcoin will make you "rich". Its about forming a new currency. I dont see anyone else investing in the pound and saying "if in 5 years I can't retire from a $10,000 investment" it's worthless..

Its a currency, an asset. Not a money making, get rich quick scheme.

If bitcoin is only $1000 in 2019, then it has failed.

Bitcoin needs a high market cap to become a stable currency and a store of value.

Therefore, I think bitcoin will be above $50k in 2019

Is price the only thing that determines bitcoin's success for you?! Well, it shouldn't be.. Go read the Satoshi whitepaper please and learn about the advantages and impacts bitcoin has had/can have.

A $5billion market cap is pathetic. ie Facebook blew $16billlion on whatsapp.

In order for bitcoin to be taken serious, and to become a global store of value and a stable medium of exchange it needs higher market cap. Satoshi knew this....

A higher market cap will also encourage more innovation in the bitcoin ecosystem.

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September 24, 2014, 08:03:46 PM
 #16

1 month - $100 - 200

1 year - $10 - $15

5 years - $0

marcotheminer
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September 24, 2014, 08:16:30 PM
 #17

1 month - $100 - 200

1 year - $10 - $15

5 years - $0

Well thats pessimistic! Are you suggesting litecoin will boom?
marcotheminer
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September 24, 2014, 08:18:49 PM
 #18

1 month          = 520 usd
2 years (2016) = 700USD
5 years (2019) = 1000USD 'steady price

reason? bitcoin is great , i think it will go rise  step by step and finally become Universal equivalent


If it takes 5 years to ever hope to stratch ATH again, it means we lost the boat and we'll never be rich (or we will be too old to enjoy the wealth). Maybe even it would mean the adoption is way too slow for BTC to become something that normal people is going to care about. Let's hope this is not the case. In any case, if you don't own at least 300 BTC now you'll never retire from BTC which is what everyone wants secretly, so im already kinda meh about Bitcoin. If I can't retire off it, it's pointless.

That is NOT the attitude. No one should care if bitcoin will make you "rich". Its about forming a new currency. I dont see anyone else investing in the pound and saying "if in 5 years I can't retire from a $10,000 investment" it's worthless..

Its a currency, an asset. Not a money making, get rich quick scheme.

If bitcoin is only $1000 in 2019, then it has failed.

Bitcoin needs a high market cap to become a stable currency and a store of value.

Therefore, I think bitcoin will be above $50k in 2019

Is price the only thing that determines bitcoin's success for you?! Well, it shouldn't be.. Go read the Satoshi whitepaper please and learn about the advantages and impacts bitcoin has had/can have.

A $5billion market cap is pathetic. ie Facebook blew $16billlion on whatsapp.

In order for bitcoin to be taken serious, and to become a global store of value and a stable medium of exchange it needs higher market cap. Satoshi knew this....

A higher market cap will also encourage more innovation in the bitcoin ecosystem.



Its the other way around: More innovation in the bitcoin ecosystem wil encourage a higher market cap. Just like price affects demand. Demand (in a the ideal economic/free market model) does not affect price.
juju
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September 24, 2014, 09:01:50 PM
 #19

As the title states, share your beliefs!

Personally:

1 month - Same as now (price wise, no major adoption taking place)

1 year - Price is 'steady' at 2k, adoption by a few chains online and fewer locally.

5 years - Price is still at 2k, adoption is close to peaking, with most retailers accepting it online and some locally.

1 month - 450 - 800 - AVG Price = 650
1 Year - 500- 10000 - AVG Price = 4,000
5 Years - 4000-1,000,000 - AVG Price = 200,000+

Numbers are based on me just being overly optimistic + research from several other models two come to mind: / https://bitcointalk.org/index.php?topic=366214.0 / https://bitcointalk.org/index.php?topic=694401.0

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September 24, 2014, 09:29:48 PM
 #20

1 month: $350
1 year:  $1500
5 years: $8000

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