johnyj
Legendary
Offline
Activity: 1988
Merit: 1012
Beyond Imagination
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September 25, 2014, 04:46:24 AM |
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The price is always decided by daily coin supply and daily fiat money inflow. The daily coin supply can be calculated at about several thousand coins (see my signature), but daily fiat money inflow is unknown
Long term wise, the daily coin supply will eventually stabilize at certain level, but you need continuously increased fiat money inflow to get a higher and higher exchange rate. The question is: What is the ultimate reason that daily fiat money inflow increases year over year?
I can think of 3 reason:
1. Current fiat money system must exponentially increase money supply, otherwise the debt can not be repaid, so each year more and more fiat money are available to purchase bitcoin
2. New people get more confident in using bitcoin and the user base increases year over year, this will last at least several years, maybe one decade
3. Same people put more and more fiat money into bitcoin, this will last until they reach their pre-defined harvest time, 2-20 years later
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Swordsoffreedom
Legendary
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Activity: 2870
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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September 25, 2014, 04:53:29 AM |
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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 (500-600) 1 Year Depending on the speed we come out of the selling pressure curve caused by merchant adoption Either (700 or 3250) 5 Years Adoption and selling have balanced out at this point in time we have a good stable network of flows and ebbs So around 3000 stable to 10,000
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SmoothCurves
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September 25, 2014, 05:00:38 AM |
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1 Month: $ 600
1 Year: $15,000
5 year: $700,000
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Bulletin
Member
Offline
Activity: 71
Merit: 10
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September 25, 2014, 05:08:25 AM |
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1 Month: $ 500
1 Year: $10,000
5 year: $100,000
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hodlmybtc
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September 25, 2014, 05:11:32 AM |
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1 month: $575
1 year: $4250
5 years: $ 66,666.66
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onealfa
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September 26, 2014, 06:51:35 PM |
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1 month = 300-400 $ 1 year = 1,300 - $2,000 $ 2 years = 7,000- 9,000 $ 3 years = 30,000- 50,000 $ 5 years = 300,000 - 600,000 $ 30 years = (price is irrelevant , fiat becomes minor part of world economy) 60-80 years = (FIAT no longer exists)
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Wilhelm
Legendary
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Activity: 1652
Merit: 1265
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September 26, 2014, 07:36:01 PM Last edit: September 26, 2014, 08:01:31 PM by Wilhelm |
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1 month: $575
1 year: $4250
5 years: $ 66,666.66
LOL!!! But I do agree with this
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Bitcoin is like a box of chocolates. You never know what you're gonna get !!
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DeadCoin
Sr. Member
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Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
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September 26, 2014, 07:43:40 PM |
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1 month - $200-$350 (downtrend continues, even though dead cat bounce/fake rally not impossible)
1 year - $10-$100 (party is coming to an end, people are realizing bitcoin is nothing but a speculation vehicle, that it won't make it as a next big thing, that they won't get rich, even speculators are getting out before final capitulation)
5 years - sub $10 (only fanatics, criminals and die hard cultists remain)
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frienemy
Full Member
Offline
Activity: 235
Merit: 100
I was promised da moon
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September 26, 2014, 09:09:36 PM |
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1 month: 290 - 620 1 year: 600 - 9,800 5 years: 90 - 100,000 I'd be satisfied with a the median in 5 years
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MCTRL_751 > END OF LINE
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fonzie
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September 26, 2014, 09:19:32 PM |
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All i can see is a tombstone with BTC initials while a japanese dog is pissing on it. Could anyone decipher this dream i had?
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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exocytosis
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September 26, 2014, 09:43:59 PM |
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1 month: $340.
1 year: $25.
5 years: $0.05.
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Bitmore
Full Member
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Activity: 413
Merit: 100
https://eloncity.io/
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September 26, 2014, 10:08:09 PM |
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1 month = 500 $ 6 mos (Q1 2015) = 750 - 1,250 $ 1 year (Q3 2015) = 1,500 - $2,500 $ 2 years (2016) = 3,000- 5,000 $ 5 years (2019) = 6,000 - 12,000 $ 10 years (2026) = 25,000 - 100,000 $ 15 years (2031) = $ 500,000 + 20 years (2036) = ∞ (fiat scrip no longer exists) 40 years (2056) = ∅ (capitalism no longer exists)
Source: I'm really smart.
I am wondering what you think will replace capitalism? The alternatives are rather terrifying.
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Bitmore
Full Member
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Activity: 413
Merit: 100
https://eloncity.io/
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September 26, 2014, 10:10:37 PM |
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1- month $100-300
1-year 5000. (At the halving in 2016)
5-years 200,000
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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September 26, 2014, 10:13:26 PM |
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1 month - No major changes, but price down to $300 1 year - Possibly major adoption with price of around $5,000. Otherwise, continued hype cycles and selloffs between $100-$800 5 years - Bitcoin has been replaced. Price <$10 1 month: $340.
1 year: $25.
5 years: $0.05.
Heh, we think alike! I dont think it will break below $100 significantly within a year though.
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jonald_fyookball
Legendary
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Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
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September 27, 2014, 12:43:48 AM |
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Seems everyone agrees. In 10 years it will be worth a fortune or next to nothing. The question is which?
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IMZ
Legendary
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Activity: 1498
Merit: 1000
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September 27, 2014, 01:43:04 AM |
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One month: $350-450 One year: >$600 After GFC II explodes on the scene: 3-5% of 'global GDP'
Mark (IndiaMikeZulu), Australia
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