5 year bump thread...guess the price of BITCOIN 5 years from now

[JFK]

Fitty extinct BTC's

[NEW XTC]

Joshgirls - take your meds and focus on your vintage site man. RELAX BRO

China banned it and it took a shit - hahahahahaha

China didn't "Ban" it and the regs they put in place HELPED BTC - It went down a bit to 950 and stayed there for over a month...

The Chinese jumping into BTC was creating a bubble that corrected itself when the positive action of regs went into place.

http://www.cnbc.com/id/101333871

[mineistaken]

I addressed that earlier:



All winners will get rewards!

Missed that, sorry
In that case, put me in for 0.00$ as well

And I would not mind dollar payment tanked or not as blowjobs are expensive to deliver

[NEW XTC]

Missed that, sorry
In that case, put me in for 0.00$ as well

Mineistaken is down for 0

Looks like I might have to shoot a big blow bang scene/turkey cookout at my studio if BTC craps out...Turkey and Blowjobs for all!!!

[theking]

non-existant

Hate me all you want. It's my prediction

I concur.

[NEW XTC]

I concur.

Got the Unibomber in for a big goose egg too!

Dude I hear there are cabins selling for BTC - you sure man?

[nexcom28]

$4712 I guess.

[NEW XTC]

$4712 I guess.

Nexcom steps up big

[Alex1776]

$2679.87

[Penny24Seven]

After doing the math to figure there will always be a lot of money in bitcoins from people who forgot, lost them, died, in jail or stolen and not even knowing about them. Plus all the people who will go down with the ship I don't think they will ever go below 100 bucks and Oct this year they will be 2500 and in five years 6239.19

[mineistaken]

After doing the math to figure there will always be a lot of money in bitcoins from people who forgot, lost them, died, in jail or stolen and not even knowing about them.

How does that add to higher price of btc? Btcoins are and must be in someone's wallets despite the price..

[NEW XTC]

Deep Brian....deep

[RubyGoodnight]

$750

8char

[ruff]

Lots of haters and fanboys of Bitcoin here.

Lets see who's prediction is closest to the actual conversion (USD TO BTC) on Feb. 26 2019

My guess: $7,500

I will bump this thread in 5 years and personally reward the winner with something they consider valuable.

in 5 years Bitcoin will be valued at over $50,000 each.

[okok]

The Singularity will obviate all forms of currency.

[HerPimp]

$1,500


Is it bitcoin value going up or dollar value going down in 5 years.

[mineistaken]

in 5 years Bitcoin will be valued at over $50,000 each.

We have a winner

[NEW XTC]

in 5 years Bitcoin will be valued at over $50,000 each.

good call man - In the interest of being specific I'm going to put you down for 50,001 USD

[dyna mo]

$42,000

hedge guess!

[Juicy D. Links]

me and jfk are lovers

[nexcom28]

$42,000

hedge guess!

If you are closest you should ask him to send you one btc.

[dyna mo]

If you are closest you should ask him to send you one btc.

I like the cut of your jib!

[clickhappy]

About the same value as Flooz: $0

My guess: $7,500

The US Govt would shut it down and/or tax it long before it ever got to that point, making it the same value as cash. Or sending it underground making it illegal and no one professional wants to deal with illegal currency.

[NEW XTC]

About the same value as Flooz: $0



The US Govt would shut it down and/or tax it long before it ever got to that point, making it the same value as cash. Or sending it underground making it illegal and no one professional wants to deal with illegal currency.

What does the US have to do with anything - just exactly how can the US make Bitcoin "Illegal"?

and the "same value as cash" sorry but thats just kookoo for coco puffs

[clickhappy]

but thats just kookoo for coco puffs

uh huh
http://news.cnet.com/8301-13578_3-57...an-on-bitcoin/

[420]

It's hard to say if btc will retain it's authority. Bitcoin transactions are slower and cost more in fees than existing alts. So, it could be replaced by a new coin because of that.

It's nearly impossible to say what will happen in 5 years. On one hand, I can't see bitcoin ever being worth zero. Pennies perhaps, if regulations make it useless, but never $0. On the other hand, block rewards will half by then and I think the volatility will level out. I would guess the price hovers around $400 once that happens.

I pulled one more sentence out of my ass. I think it tops out at around $4000 each some time in 2017 and comes back down to today's level after a new alt gains authority.

[NEW XTC]

It's hard to say if btc will retain it's authority. Bitcoin transactions are slower and cost more in fees than existing alts. So, it could be replaced by a new coin because of that.

It's nearly impossible to say what will happen in 5 years. On one hand, I can't see bitcoin ever being worth zero. Pennies perhaps, if regulations make it useless, but never $0. On the other hand, block rewards will half by then and I think the volatility will level out. I would guess the price hovers around $400 once that happens.

I pulled one more sentence out of my ass. I think it tops out at around $4000 each some time in 2017 and comes back down to today's level after a new alt gains authority.

ok so.....$580.90 USD? (Preev current)

and c'mon - regulations make it useless? (can only make it stronger my man)

[420]

$400

I think any regulation that makes it harder to get fiat in and out of crypto will be detrimental.

[NEW XTC]

$400

I think any regulation that makes it harder to get fiat in and out of crypto will be detrimental.

ok 400 it is

and I could not disagree more with your reg opinion...

You do realize its the lack of regs and the uncertainty that that brings is keeping trillions of dollars of hedge fund money out...ANYthing that legitimizes/taxes it..the Wall Street floodgates will open up.

[ilnjscb]

I have not heard that Chuck Norris bought any bitcoins, so while I agree that virtual currency will be important, bitcoins on this day in 2019: >$10 but < $30.

You know what IS depressing? bitcoins could go up to $50,000 like you .... well, let's call you "wildly optimistic" fellows think it will, and it still will be 1/20th of the $1 - $1000 rise between 2011 when this board started talking about it and the last top.

[420]

Sure, regs could give the masses confidence. But it's hard to speculate without knowing what those regulations might be.

Current aml regs already deter those who wish to remain anonymous. You have to send in 2 forms of ID to use the big exchanges. If exchanges like local bitcoins get shutdown, will those anonymous people get verified and use the big exchanges? I don't know and that's the situation I'd be worried about.

[NEW XTC]

Sure, regs could give the masses confidence. But it's hard to speculate without knowing what those regulations might be.

Current aml regs already deter those who wish to remain anonymous. You have to send in 2 forms of ID to use the big exchanges. If exchanges like local bitcoins get shutdown, will those anonymous people get verified and use the big exchanges? I don't know and that's the situation I'd be worried about.

The guys who want anonymity (they will always be able to have it with cryptos) are a drop in the bucket compared to the big funds and heavies who are on the sidelines for now.

People who think that being able to move cryptos to fiat anonymously is a big part of the appeal...well they don't know jack.

[ruff]

I have not heard that Chuck Norris bought any bitcoins, so while I agree that virtual currency will be important, bitcoins on this day in 2019: >$10 but < $30.

You know what IS depressing? bitcoins could go up to $50,000 like you .... well, let's call you "wildly optimistic" fellows think it will, and it still will be 1/20th of the $1 - $1000 rise between 2011 when this board started talking about it and the last top.

Huh?

8char

[scarlettcontent]

$1.952.19c

[NEW XTC]

$1.952.19c

got you

You aren't Scarlett that used to work at Falcon are you?

[NEW XTC]

You know what IS depressing? bitcoins could go up to $50,000 like you .... well, let's call you "wildly optimistic" fellows think it will, and it still will be 1/20th of the $1 - $1000 rise between 2011 when this board started talking about it and the last top.

yea that matters - good point

[Matt 26z]

$32

......

[Jel]

I have not heard that Chuck Norris bought any bitcoins, so while I agree that virtual currency will be important, bitcoins on this day in 2019: >$10 but < $30.

You know what IS depressing? bitcoins could go up to $50,000 like you .... well, let's call you "wildly optimistic" fellows think it will, and it still will be 1/20th of the $1 - $1000 rise between 2011 when this board started talking about it and the last top.

yeah but you'd need 1/100th of the amount of coins to show the same $$$ profit..

[potter]

My guess is lots of ups and downs over the years, but I'm going to say around $75 in five years time.

If bitcoin does well, then that is where it should settle. Anyone who wants cyrpto currency to become a real thing needs to understand in order for that to happen it has to first off settle and not be so volatile (stay steady in its price), and it also has to settle at a realistic price (one that is relevant for it to be used as currency).

[NEW XTC]

My guess is lots of ups and downs over the years, but I'm going to say around $75 in five years time.

If bitcoin does well, then that is where it should settle. Anyone who wants cyrpto currency to become a real thing needs to understand in order for that to happen it has to first off settle and not be so volatile (stay steady in its price), and it also has to settle at a realistic price (one that is relevant for it to be used as currency).

fair nuff

[Markul]

I vote that it's still around but on the fringes and worth around $0.2 - $1 per BtC - it will be replaced with something else.

[NEW XTC]

I vote that it's still around but on the fringes and worth around $0.2 - $1 per BtC - it will be replaced with something else.

Gotta name an exact price to play my man.

Put you down for 51 cents since Double Trouble already got fiddy

[NEW XTC]

Fitty extinct BTC's

JFK's in on the blow bang - $0.00

[greenleaf]

Maybe $0.01

[NEW XTC]

Maybe $0.01

we got a low baller!

might have to give a prize to the worst guess too

[Markul]

Gotta name an exact price to play my man.

Put you down for 51 cents since Double Trouble already got fiddy

Fair enough

[Biggy]

$12

5678901

[NEW XTC]

$12

5678901

Biggies in the game

[lucas131]

lol, dollar will have no value there, so what are we talking about here ...

[DWB]

What does the US have to do with anything - just exactly how can the US make Bitcoin "Illegal"?

You don't make Bitcoin illegal. You make it illegal to cash out to USD, then strong arm everyone else so you can't cash out in any other currency either. Then it's dead in the water. It's as easy as a stroke of a pen and a few phone calls to kill Bitcoin without actually having to kill Bitcoin. Without the ability to convert your coins to cash, what's the point?

China and Thailand already did it. If everyone else followed in their footpath, Bitcoin would become useless overnight unless you're wanting to spend them on online items, such as games.

Will that actually ever happen in the USA? No idea. But it could be easily done should they want to.

That said, it would have to be an all or nothing in order for it to work. If you can't convert to USD, but can in EU or another currency, that could work in favor of Bitcoin and make it even more valuable. Or not.