This could be the bitcoin bears nightmare!

[cuddaloreappu]

It is  interesting to think that

bitcoins valued in cents was not possible in 2011.

bitcoins valued at 1$ was not possible in 2012

 bitcoins valued  at 10$ was not possible in 2013.

bitcoins valued at 100$ was not possible in 2014.

there could be mild variations...
forget about complex regressions arms predictions.

child logic is bitcoins valued at 1000$ will not be possible in 2015.

and 10000$ not possible in 2016....

this I believe it's what makes bears fear!k

[doof]

child logic is bitcoins valued at 1000$ will not be possible in 2014.

Don't you mean 2015?

[cuddaloreappu]

child logic is bitcoins valued at 1000$ will not be possible in 2014.

Don't you mean 2015?

fixed

[Cyaren]

and 10000$ not possible in 2016....

yes
i believe that bitcoin will rise above 10000$ at next block reward half

[malaimult]

While you are correct that the price of bitcoin has risen by roughly 10x every year for the past several years, I do not think this is going to continue. The 'law of large numbers' will unfortunately prevent this rapid pace of price appreciation from continuing.

[cuddaloreappu]

While you are correct that the price of bitcoin has risen by roughly 10x every year for the past several years, I do not think this is going to continue. The 'law of large numbers' will unfortunately prevent this rapid pace of price appreciation from continuing.

and we can believe that it will have its effect after bitcoin reaches 1 million per btc

[malaimult]

While you are correct that the price of bitcoin has risen by roughly 10x every year for the past several years, I do not think this is going to continue. The 'law of large numbers' will unfortunately prevent this rapid pace of price appreciation from continuing.

and we can believe that it will have its effect after bitcoin reaches 1 million per btc

I think this is a bit of a stretch. Bitcoin is far from being able to replace fiat and probably never will.

When you have a price of  a million dollars for one bitcoin you will have exceeded the world GDP and even having a significant percentage of the world GDP is not realistic

[canary]

Bitcoin had the potential and it grew so fast until 2014, now we're in bear's market. It's not possible to increase like that anymore...

[LitcoinCollector]

It's anyones ballgame, I think spreading you assest is always the way to go.

[cryptworld]

1000$ is possible because it has already happen!
so 1000$ must be a fact for 2015 

[piepu75]

About the real intrinsic value of 1 BTC, the question is:

How Much Money Is There on Earth?

considering the M3 aggregate, that includes physical money, paper bills, metal coins, checking accounts, savings accounts, institutional money market funds and long term deposits, the answer is $75 trillion, at today 2014. (source: http://gizmodo.com/5995301/how-much-money-is-there-on-earth)

We all know that the total number of bitcoin can never exceed 21,000,000.

So if we do de math, assuming (very) hypothetically that all the money of the world will be converted in BTC, we will have

75,000,000,000,000 /
            21,000,000 =
____________________
$ 3,571,428  for  BTC


1 BTC = 3,5 million dollar!!!!

We all know that 1 BTC = 100,000,000 base units, friendly called "satoshis". This means that 1 satoshi =  $ 0,0357

I know, this is a very asymptotic scenario that never come true, but if we assume that only 10% of the total money supply will be converted in Bitcoin, we should have realistically:

1BTC = $ 357,142

I know, these calculations are very simplistic and do not include all the many factors that exist in determining the value of the exchange rate between two currencies, but I think they make, simply, the idea of the value that bitcoin might have if his concept becomes widespread capillary and in a stable manner worldwide.

My 2 cent, 

thanks,

1JScDgJYfVVafFzgveUFnst61gBgFbdVtv

[Flashman]

Fiscal policy of late seems to be aimed at bringing M4 out in the open, which is behind the curtain moneylike objects.... it's possible that bitcoin starts making a dent in that market ahead of M1,2,3 penetration.

[LiteCoinGuy]

10.000 $ maybe in 2020-2022. there is a long road.

[BombaUcigasa]

About the real intrinsic value of 1 BTC, the question is:

How Much Money Is There on Earth?

Why not consider how much value there can be on Earth?

10 billion people stable global population
45 years of work productivity with 75 years life expectancy (monetary supply should hold a lifetime of value)
50.000 USD GDP per average futuristic civilized capita someday in the future using current money
100% global privatization
20M Bitcoin (some are lost, irrecoverable, Satoshi doesn't cash out everything at once, not 2138 AD yet, etc)
90% blockchain market share
____________________
1 012 500 000 USD

One billion dollars in 2014's paper money.

[riiiiising]

It is  interesting to think that

bitcoins valued in cents was not possible in 2011.

bitcoins valued at 1$ was not possible in 2012

 bitcoins valued  at 10$ was not possible in 2013.

bitcoins valued at 100$ was not possible in 2014.

there could be mild variations...
forget about complex regressions arms predictions.

child logic is bitcoins valued at 1000$ will not be possible in 2015.

and 10000$ not possible in 2016....

this I believe it's what makes bears fear!k

sounds like sound logic to me. excuse me while i continue to huff this canister of varnish.

[ravenjt]

Meanwhile, 22 days before 2015 begins, BTC is worth 349 usd.

[chesthing]

While you are correct that the price of bitcoin has risen by roughly 10x every year for the past several years, I do not think this is going to continue. The 'law of large numbers' will unfortunately prevent this rapid pace of price appreciation from continuing.

Bitcoin went from over $1100 to $345 in 2014, btc yearly 10x rise ended 1 year ago.

[Dilla]

I can see this being somewhat true, but it would be tough.. Man wouldn't it be nice, by the time I graduate college, I could potentially retire at the same time  ...but screw that, I'd make my parents retire and take risk to do something with my life instead, hopefully make life better for everyone.

[AtheistAKASaneBrain]

and 10000$ not possible in 2016....

yes
i believe that bitcoin will rise above 10000$ at next block reward half

Im aiming for 2k but I hope you are right tho.

[3eme]

The other aspect to consider is stock to flow, Bitcoin currently holds its value because it is pretty much held tightly. It has an extremely high stock to flow ratio. "Stock" means those who are sitting tight on their Bitcoin, letting it lie still for the future, and "flow" means those who are presently trading their Bitcoin. A limited amount of money can flow through the same Bitcoin many times, over and over, driving it higher and higher with each pass, as long as new Bitcoin is not coaxed out of hiding. And the interesting thing in this process is that it actually causes the opposite of the expected supply/demand reaction. With each pass-through of money more "flow Bitcoin" is moved into "stock Bitcoin", not the other way around like commodities and currency.

Hodlers gonna hodl