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ekissane (OP)
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February 07, 2015, 03:11:12 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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(Lithium)
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February 07, 2015, 03:15:14 PM |
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as Satoshi said, you will either be a millionaire or have nothing by 2020
(you can easily find the quote)
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Bobsurplus
Legendary
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Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
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February 07, 2015, 03:19:43 PM |
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yes.. 10K by 2020 is possible... It could be a bit longer though... just sit tight and HODL!
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BillyBobZorton
Legendary
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Activity: 1204
Merit: 1028
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February 07, 2015, 03:30:56 PM |
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Most likely. By 2025 the mining reward will be low and bitcoin will be mostly mined, so it should be way higher than 10k.
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nor9865
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February 07, 2015, 03:42:53 PM |
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I expect the price to breach 5k in 10 years.
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Buffer Overflow
Legendary
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Activity: 1652
Merit: 1015
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February 07, 2015, 03:43:20 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Possibly, but what will $10,000 buy you then? A loaf of bread? |
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rikkie
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February 07, 2015, 03:43:59 PM |
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I hope you are right.
That should be good for everyone i think.
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nor9865
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February 07, 2015, 03:45:29 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Possibly, but what will $10,000 buy you then? A loaf of bread? The US dollar isn't inflating THAT much, cmon. |
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JakeThePanda
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February 07, 2015, 03:45:51 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Possibly, but what will $10,000 buy you then? A loaf of bread? Yeah because the USD has really been getting killed lately.  Globally, people can't get enough USD these days. 10k EUR? That's another story, |
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michaeladair
Sr. Member
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Activity: 448
Merit: 250
I'm a Web Developer: HTML, CSS, PHP, JS.
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February 07, 2015, 03:46:33 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Possibly, but what will $10,000 buy you then? A loaf of bread? The US dollar isn't inflating THAT much, cmon. Lol that's a shitload of inflation, do you know how much you'd need for minimum wage if $10k only bought a loaf of bread? |
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picolo
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February 07, 2015, 03:53:58 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
It could be 10 000$ a coin by then but maybe you will have sold before and the Dollar will be worth less than now in real terms. |
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coinableS
Legendary
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Activity: 1442
Merit: 1179
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February 07, 2015, 04:14:52 PM |
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Unless $23K is an insignificant amount for you, no you will not. You are over invested and will be emotional on price movements. If price falls 80% will you panic sell? If you double your money one year and then it falls back to your original investment amount the following year will you still hold?
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Amph
Legendary
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Activity: 3206
Merit: 1069
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February 07, 2015, 05:06:35 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Possibly, but what will $10,000 buy you then? A loaf of bread? they said the same thing in 90 year, about 2010-2015 years, and guess what, nothing has change |
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Pecunia non olet
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Activity: 882
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PayAccept - Worldwide payments accepted in seconds
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February 07, 2015, 05:45:45 PM |
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Millionaire? Likely you'll be broke.
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Buffer Overflow
Legendary
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Activity: 1652
Merit: 1015
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February 07, 2015, 05:53:07 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
Possibly, but what will $10,000 buy you then? A loaf of bread? they said the same thing in 90 year, about 2010-2015 years, and guess what, nothing has change Yeah, perhaps I was a little extreme. Okay, two loaves of bread and a croissant.  |
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ajareselde
Legendary
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Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
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February 07, 2015, 05:53:38 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
It could easily happen, but there is also possibility that bitcoin will be worth few bucks. And the inflation is real,but on 5 year forecast it wont be that noticable, but looking so far ahead maybe isn't as bright as we hope it will be. |
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rower2000
Newbie
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Activity: 43
Merit: 0
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February 07, 2015, 06:22:09 PM |
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Let's hope you will be a millionaire by then because that would mean I will be a millionaire too |
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goxed
Legendary
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Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
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February 07, 2015, 06:23:47 PM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
depend on who controls the private keys to the said coins |
Revewing Bitcoin / Crypto mining Hardware.
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ekissane (OP)
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February 07, 2015, 07:43:57 PM |
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Unless $23K is an insignificant amount for you, no you will not. You are over invested and will be emotional on price movements. If price falls 80% will you panic sell? If you double your money one year and then it falls back to your original investment amount the following year will you still hold?
Don't worry, it's all profit for me. I bought in originally at $1 and again at $7 and $13 and made enough money to buy my house. I've 100btc left and just want to retire. I'm sick of my job. |
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fonzie
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February 07, 2015, 07:58:39 PM |
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Unless $23K is an insignificant amount for you, no you will not. You are over invested and will be emotional on price movements. If price falls 80% will you panic sell? If you double your money one year and then it falls back to your original investment amount the following year will you still hold?
Don't worry, it's all profit for me. I bought in originally at $1 and again at $7 and $13 and made enough money to buy my house. I've 100btc left and just want to retire. I'm sick of my job.   |
"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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