The future value of Bitcoin

[Hello Im Me]

So when i first heard of Bitcoin in 2013 it was a little bit over 1000$.
Do you think the price will ever be that high again?
Or what do you think the future value of Bitcoin will be?

Personally I hope that Bitcoin will be a currency that the government will start using to pay debt with. Cause if The government start using high quantities of it it will be even more attracted thus the price will rice.
Now this is just my idea 
What do you think?

[Pecunia non olet]

Be aware of downward pressure - every transaction costs now 8$ and that's a low

https://blockchain.info/de/charts/cost-per-transaction


https://bitcointalk.org/index.php?topic=918068.0


Multiply 3600 coins (generated in 24h) with marketprice and you get the daily costs of this nonsense. I think Bitcoin is pretty much a fail and will have make way for more efficient solutions. It's just burning money away for the investor and nothing else.

People don't like to hear it, i know.

At a price of 1000$ the network would burn 3.6 Million USD every day just for mining, that's 1.314 BILLION in a year - so think again. The answer is: in case it reaches 1000$ that will only be for minutes or hours but i doubt we will see even 400$ anytime soon.

[Hello Im Me]

Be aware of downward pressure - every transaction costs now 8$ and that's a low

https://blockchain.info/de/charts/cost-per-transaction


https://bitcointalk.org/index.php?topic=918068.0


Multiply 3600 coins (generated in 24h) with marketprice and you get the daily costs of this nonsense. I think Bitcoin is pretty much a fail and will have make way for more efficient solutions. It's just burning money away for the investor and nothing else.

People don't like to hear it, i know.

At a price of 1000$ the network would burn 3.6 Million USD every day just for mining, that's 1.314 BILLION in a year - so think again. The answer is: in case it reaches 1000$ that will only be for minutes or hours but i doubt we will see even 400$ anytime soon.

Sometimes the truth hurts :,(

[coinableS]

Great thread! Sell sell sell.... sell into my buy orders

[ajaxmoor]

So when i first heard of Bitcoin in 2013 it was a little bit over 1000$.
Do you think the price will ever be that high again?
Or what do you think the future value of Bitcoin will be?

Personally I hope that Bitcoin will be a currency that the government will start using to pay debt with. Cause if The government start using high quantities of it it will be even more attracted thus the price will rice.
Now this is just my idea 
What do you think?

The price increased to 150% in 24 hours today. Obviously, if something groundbreaking comes on, I think it might come to 700-800 levels again. Not sure if we will be seeing plus 1000 levels soon.

[stonerider]

Be aware of downward pressure - every transaction costs now 8$ and that's a low

https://blockchain.info/de/charts/cost-per-transaction


https://bitcointalk.org/index.php?topic=918068.0


Multiply 3600 coins (generated in 24h) with marketprice and you get the daily costs of this nonsense. I think Bitcoin is pretty much a fail and will have make way for more efficient solutions. It's just burning money away for the investor and nothing else.

People don't like to hear it, i know.

At a price of 1000$ the network would burn 3.6 Million USD every day just for mining, that's 1.314 BILLION in a year - so think again. The answer is: in case it reaches 1000$ that will only be for minutes or hours but i doubt we will see even 400$ anytime soon.

Do all of us a favor and just go away, disappear your hateful self.

[Pecunia non olet]

Do all of us a favor and just go away, disappear your hateful self.

dude, i can make good money with understanding the above. I am doing pretty well and there's no reason for me to go anywhere. It's numbers, no opinion. Hate the message not the sender. If you want moontalk make a moderated thread. I called the crash from 280$ beginning of month, i called this a pump and dump. If you would have listened you would have made money. Do the numbers on the fundamentals and then think again about it. It's not that i want it to fail - it just fails. Not because of me but because of the socialist distribution idiology behind it which supports high inflation.
I have my short open from the top of the pump (sold at 290$) and am making bitcoin as it dumps. So why you come at speculation section? To hear others opinions on coming pricedevelopement or to hate at others?

You're obviously not making money because you seem pretty butthurt. If it's too much for you don't do it. Not everyone can handle this market.

The bottom isn't in. Simple as that. Hate the guy who tells you to hold. Hate the pump and dump. But don't hate me for sharing some bearish thoughts in a bearish market, duh!

I tell you exactly WHY it dumps and you tell me to go away. Dude, get yourself some brain somewhere.

Before halving: no show
After halving: maybe show
moon: a long way off

[jaredboice]

Ignored.  Anyone else care to listen to this troll go on and on about an inflationary currency that is ultimately capped and we've almost already mined 2/3rds of the total Bitcoins in existence?

Inflationary.....riiiiiiiight

[lexuz]

Forget it about issue bitcoin reach to $1000

[BTCjust]

value is not equal to the price.

[Amph]

btc is not mature yet despite having 5 years of beta testing, eed more adoption and more block halving to do anything, price now is stable, but i think a crash is incoming, the trend of "dump-->recover--->stable--->crash" isn't over yet

no doubt the real value of btc is many times higher than current one, at least based on simple math

[NotLambchop]

value is not equal to the price.

When talking about money, it pretty much is.

[hdd3go]

Less talk about the price please.

We should be more concerned about the application and development of the Bitcoin.

[redsn0w]

No-one know the real value of bitcoin  because at the moment it is only a question of speculation, when this will finish we will know the "real" value (and obviously start to spend our bitcoins without "any problem").

[Corenin]

i don't think govts will accept bitcoin for payments but it is possible they use bitcoin technology for transaction

[arsenalfun]

Be aware of downward pressure - every transaction costs now 8$ and that's a low

https://blockchain.info/de/charts/cost-per-transaction


https://bitcointalk.org/index.php?topic=918068.0


Multiply 3600 coins (generated in 24h) with marketprice and you get the daily costs of this nonsense. I think Bitcoin is pretty much a fail and will have make way for more efficient solutions. It's just burning money away for the investor and nothing else.

People don't like to hear it, i know.

At a price of 1000$ the network would burn 3.6 Million USD every day just for mining, that's 1.314 BILLION in a year - so think again. The answer is: in case it reaches 1000$ that will only be for minutes or hours but i doubt we will see even 400$ anytime soon.

The transaction cost doesn't matter. You are just trying to suggest a reason why bitcoin could fail. So what if transaction cost is 8$ ? it doesn't even matter, as long as network is mined, the bitcoin network remains functioning, it simply works and that's it. And profits don't matter. If you are looking to make some quick money off bitcoin, you are 5 years late. Bitcoin is a payment processor, and that's why it will succeed, not because you personally can't milk 300% ROI out of it.

[NotLambchop]

...So what if transaction cost is 8$ ? it doesn't even matter, ...

As long as you don't use Bitcoin, you'll be fine.  If you plan to use it as money, OTOH... then transaction fees matter.

[ensurance982]

I, personally, think it will go to $1000 again, and most likely also above that even. But it may take some time. I really believe we may look back at this point as a good buying opportunity just like July 2013!

[kwukduck]

I, personally, think it will go to $1000 again, and most likely also above that even. But it may take some time. I really believe we may look back at this point as a good buying opportunity just like July 2013!

Seriously, what makes you think that?

There's basically no news that can save the price now, ETF won't do anything, ATM's won't do anything, merchant acceptance may grow but only pushes the price down... More exchanges won't make a difference...

Add to that the fundamentals are messed up beyond repair...

How is that going to go up in value... please explain...

[cakebet]

Yes, do elaborate.

I, personally, think it will go to $1000 again, and most likely also above that even. But it may take some time. I really believe we may look back at this point as a good buying opportunity just like July 2013!

Seriously, what makes you think that?

There's basically no news that can save the price now, ETF won't do anything, ATM's won't do anything, merchant acceptance may grow but only pushes the price down... More exchanges won't make a difference...

Add to that the fundamentals are messed up beyond repair...

How is that going to go up in value... please explain...