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-   -   5 year bump thread...guess the price of BITCOIN 5 years from now (PART 2) (https://gfy.com/showthread.php?t=1327919)

Smack dat 05-14-2020 03:44 PM

5 year bump thread...guess the price of BITCOIN 5 years from now (PART 2)
 
Lots of haters and fanboys of Bitcoin here.

Lets see who's prediction is closest to the actual conversion (USD TO BTC) on May. 15 2025

My guess: $56,000

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

ilnjscb 05-14-2020 03:54 PM

I guess $3,200

CaptainHowdy 05-14-2020 03:59 PM

Five years you say . . .


slapass 05-14-2020 06:17 PM

$1,500.00 if it is even around.

AlexFS 05-14-2020 06:26 PM

With all the fiat currency being printed (QE infinity) these are truly unprecedented times. Watch SouthPark's "Margaritaville" episode - Original air date‎: ‎March 25, 2009 - It's spot on, and history is repeating itself again in 2020. In theory should be no ceiling to scarce SOV assets like bitcoin and gold.

As a long term holder, of course I believe in future of Bitcoin. And getting the likes of JP Morgan involved with Coinbase & Gemini paints a bright future (among many other positive news and developments in crypto space). In May 2025 the block reward of mining will be 3.125 Bitcoin per block, as the next halving will happen around Feb 2024 in 4 years from now. I estimate Bitcoin to be worth around 270% of today's value between approximately $26.000 to $27.000.

Would like to see this topic evolve as 5 years ago lots of people believed the answer was $0.00 - I have been involved in Bitcoin since 2013 I believe the binary outcome success rate of 1 would have been about 1-3% in 2013, 3-5% in 2015, and currently we are looking at 10-12% success rate. And I don't mind taking a risk by investing into the future. Truth is we do need a decentralized / border-less financial system.

Anyone who deals with above average volume on International transfers will know the answer (affiliate payouts/payroll). Or frequent travelers understanding the legitimate problem of not being able to carry more then $10K passing a border without being a suspect. Looking forward to see the opinion in 2020 by the same people who thought Bitcoin was worthless and valued it $0.00 (in their 2015 predictions).

Disclosure: I have bullish sentiment and buy Bitcoin on daily basis (up or down, don't look at the price). My affiliate payouts where possible go to through Bitcoin as well. And yes, I could be wrong. But if I'm wrong, I'd be the first one to admit it. I would hold my Bitcoin to $0.00 going down with the ship and call it a day. Where most bears seem to advocate Bitcoin has no value ($0.00) since beginning of time, not willing to admit being wrong as Bitcoin continues to expand it's horizon OR research and self educate further past the most likely limited information they have on the subject. :)

Either way that's my humble prediction. Looking forward to see how this topic develops! PS: Not an attack any bears. Cheers :)

jscott 05-14-2020 10:43 PM

I'll put a $45,000 BTC price in 5 years.

I believe it should be higher but there will be a lot of resistance, from banking industry (ie: JPM), governments (ie: trump & sherman), nocoiners/haters, other store-of-value competitors (ie: schiff), and frauds (ie: csw)

This guys Bitcoin stock-to-flow model puts Bitcoin at MUCH higher. ($288k) He makes a good case but I don't believe we'll get that high THAT quick.

Smack dat 05-15-2020 02:12 AM

So, just to re-cap. We currently have:

ilnjscb saying $3,200
slapass saying $1,500
AlexFS said $26,000 - $27,000 so I will put you in the middle at $26,500
jscott said $45,000

Smack dat 05-15-2020 03:46 AM

Quote:

Originally Posted by jscott (Post 22667986)
I'll put a $45,000 BTC price in 5 years.

I believe it should be higher but there will be a lot of resistance, from banking industry (ie: JPM), governments (ie: trump & sherman), nocoiners/haters, other store-of-value competitors (ie: schiff), and frauds (ie: csw)

This guys Bitcoin stock-to-flow model puts Bitcoin at MUCH higher. ($288k) He makes a good case but I don't believe we'll get that high THAT quick.

I was going to say $70k but thought I would be reserved at $56k.

jscott 05-17-2020 10:34 AM

I'd love to see updated expert predictions from the previous 5yr thread, from these:

seeandsee, DWB, Roald, JFK, pinkz, javbucks, etc
(that's just the 1st page of those calling for $0 or nonexistant)

guess there's some who couldnt see an innovative great technology if it smacked em in the face by now!! :1orglaugh :1orglaugh

nikki99 05-17-2020 12:11 PM

Quote:

Originally Posted by jscott (Post 22667986)
I'll put a $45,000 BTC price in 5 years.

I believe it should be higher but there will be a lot of resistance, from banking industry (ie: JPM), governments (ie: trump & sherman), nocoiners/haters, other store-of-value competitors (ie: schiff), and frauds (ie: csw)

This guys Bitcoin stock-to-flow model puts Bitcoin at MUCH higher. ($288k) He makes a good case but I don't believe we'll get that high THAT quick.


I read 650k in 10 years and will be the top

ghjghj 05-17-2020 05:12 PM

450k here

Smack dat 05-17-2020 06:38 PM

Quote:

Originally Posted by nikki99 (Post 22669419)
I read 650k in 10 years and will be the top

Are you guessing $650k then? Would you like me to put you down for that?

Quote:

Originally Posted by ghjghj (Post 22669536)
450k here

ghjhhj steps up big.$450,000 for 1 bitcoin!

Denny BongaCash 05-19-2020 05:16 AM

I guess it will be around 33,000$ :thumbsup

AlexFS 06-08-2020 02:59 AM

Bump for more entries. Would love to hear new predictions!

wankawonk 06-08-2020 03:07 AM

I think about this a lot lately

I think bitcoin is here to stay, I think price will be higher. many of us have need of it and enjoy/prefer using it in many situations

But I don't think it will be 10x higher. i think most who have need of it are already using it and that it's not very useful for day-to-day transactions

I think 20k-30k is a reasonable guess, mark me down for...23k

ilnjscb 06-08-2020 07:35 AM

given the past 3 years up to 50k is a fair guess, but my guess factors in a chinese effort against. I have no basis other than anecdotal for that though.

celandina 06-08-2020 08:12 AM

There will NOT be a Bitcoin and dozens will be jailed all over the world :2 cents:

nikki99 06-08-2020 08:46 AM

yesterday I read an article about BTC going to 1million dollars

jscott 06-08-2020 12:51 PM

Quote:

Originally Posted by nikki99 (Post 22681596)
yesterday I read an article about BTC going to 1million dollars

Yes, very possible, but if it reaches $1mil, the purchasing power of $1mil wont be the same as today :2 cents:

If/when BTC reaches $1mil, maybe a Mcdonalds happy meal cost $25 by then, inflation inflation!

CaptainHowdy 06-08-2020 01:00 PM

This ain't my kind of daydreaming . . .

funkypigeon 06-08-2020 01:46 PM

$500. watch this space

maxjohan 06-08-2020 01:53 PM

$33,700

:thumbsup

thirdworldxxx 06-08-2020 02:08 PM

put me down for 69,000

ZedsDead 06-08-2020 02:13 PM

45k right here

Smack dat 06-08-2020 05:27 PM

Ok, quick update as of 9th June.

So, just to re-cap. We currently have:

Smack Dat said $56,000
ilnjscb saying $3,200
slapass saying $1,500
AlexFS said $26,000 - $27,000 so I will put you in the middle at $26,500
jscott said $45,000
nikki99 said $650,000
ghjhhj said $450,000
Denny BongaCash said $33,000
wankawonk said $23,000
celandina said $0
funkypigeon said $500
maxjohan said $33,700
thirdworldxxx said $69,000
ZedsDead said $45,000

thanks for all the guesses so far. Keep them coming.

Smack dat 06-08-2020 05:29 PM

Quote:

Originally Posted by Smack dat (Post 22681896)
Ok, quick update as of 9th June.

So, just to re-cap. We currently have:

Smack Dat said $56,000
ilnjscb saying $3,200
slapass saying $1,500
AlexFS said $26,000 - $27,000 so I will put you in the middle at $26,500
jscott said $45,000
nikki99 said $650,000
ghjhhj said $450,000
Denny BongaCash said $33,000
wankawonk said $23,000
celandina said $0
funkypigeon said $500
maxjohan said $33,700
thirdworldxxx said $69,000
ZedsDead said $45,000

thanks for all the guesses so far. Keep them coming.

Who was the guy who sold all his bitcoin at $13k and made a nice life for himself? I would like to hear from him right now.

ruff 06-08-2020 09:48 PM

My guess by 2025 BTC will be over $500,000.

RFremont 06-08-2020 10:09 PM

https://99bitcoins.com/bitcoin-obituaries/


btc not going anywhere but up

jscott 06-08-2020 10:40 PM

Quote:

Originally Posted by Smack dat (Post 22681898)
Who was the guy who sold all his bitcoin at $13k and made a nice life for himself? I would like to hear from him right now.

I think you mean Ferus, and if I remember correctly, I thought his exit point was just $16k

ilnjscb 06-08-2020 11:23 PM

Quote:

Originally Posted by jscott (Post 22682005)
I think you mean Ferus, and if I remember correctly, I thought his exit point was just $16k

The real prophet in the desert was Frank - remember how we all made fun of him when he urged us to buy at $1? We went after him so hard, and he was correct. We even busted his chops after it went to $1000 and then fell to $400 for like two years. Then it went to $19000 and he was right again. But I don't think he kept his position, or didn't make a bunch off it. Too bad.

nikki99 06-10-2020 01:33 PM

almost 10k now

ilnjscb 06-10-2020 01:44 PM

Quote:

Originally Posted by nikki99 (Post 22682962)
almost 10k now

Are you able to get back to Brasil? How are things in South America now?

3om3 06-10-2020 01:47 PM

around 45k

SekobA 06-10-2020 02:47 PM

Quote:

Originally Posted by celandina (Post 22681576)
There will NOT be a Bitcoin and dozens will be jailed all over the world :2 cents:

I agree.

Small number of people will cash, the rest will be millionaires only with a fake number

Smack dat 06-10-2020 03:20 PM

Quote:

Originally Posted by jscott (Post 22682005)
I think you mean Ferus, and if I remember correctly, I thought his exit point was just $16k

Are you sure it was ferus?

nikki99 06-10-2020 03:44 PM

Quote:

Originally Posted by ilnjscb (Post 22682975)
Are you able to get back to Brasil? How are things in South America now?

I live in Chile

is bad, 3 months quarantined now, with curfew eveery night for 3 months

AlexFS 06-11-2020 12:18 AM

Quote:

Originally Posted by SekobA (Post 22683027)
I agree.

Small number of people will cash, the rest will be millionaires only with a fake number

Perhaps before calling Bitcoin “fake numbers” would recommend doing more technical analysis on the blockchain & bitcoin adoption. By your message I understand we will put you down for $0,00 in 5 years from now. Respect your opinion of course only a friendly suggestion :)

jscott 06-11-2020 01:02 AM

Quote:

Originally Posted by celandina (Post 22681576)
There will NOT be a Bitcoin and dozens will be jailed all over the world :2 cents:

Quote:

Originally Posted by SekobA (Post 22683027)
I agree.
Small number of people will cash, the rest will be millionaires only with a fake number

^^ examples of those who clearly don't understand what Bitcoin is and why it has value.

"fake millioinaires" will be those with $1,000,000 cash and can't buy shit with it. (example: Zimbabwe, Venezuela, & many more to come)

wankawonk 06-11-2020 01:14 AM

Take either average (mean, median) of the answers here, you get the prediction bitcoin will go much higher

It's a good sign that its still a great investment

I currently own very little but honestly based on this thread, intend to buy a lot more

ilnjscb 06-11-2020 06:44 AM

Quote:

Originally Posted by wankawonk (Post 22683320)
Take either average (mean, median) of the answers here, you get the prediction bitcoin will go much higher

It's a good sign that its still a great investment

I currently own very little but honestly based on this thread, intend to buy a lot more

Good point. Demand is the only real indicator of current value. However, demand is very mutable, and can change rapidly. There was low demand for NYC real estate in 1989. Prices were 10 times higher in 2019. It looks like the ambient unmet demand right now for BTC is high as you say.

ruff 06-11-2020 07:14 AM

You have to look at where demand comes from. It's no longer the nerd in the basement hodling BTC, it's some of the major players on Wall Street. When something gets the attention of the greed merchants it bares watching.

ilnjscb 06-12-2020 06:46 AM

Quote:

Originally Posted by ruff (Post 22683414)
You have to look at where demand comes from. It's no longer the nerd in the basement hodling BTC, it's some of the major players on Wall Street. When something gets the attention of the greed merchants it bares watching.

*bears

Bare watching is what our surfers do :thumbsup

I'm on an asshole streak with these asterisk corrections, but your point is taken

ruff 06-12-2020 07:02 AM

Quote:

Originally Posted by ilnjscb (Post 22684003)
*bears

Bare watching is what our surfers do :thumbsup

I'm on an asshole streak with these asterisk corrections, but your point is taken

The Difference between Bear and Bare
Besides being the name of a big furry animal, bear functions as a verb. It means to tolerate, to carry something, or to endure. ... The verb bare means to reveal or open something to view.

Bear vs. Bare—What's the Difference? | Grammarly

ilnjscb 06-12-2020 03:11 PM

Quote:

Originally Posted by ruff (Post 22684025)
The Difference between Bear and Bare
Besides being the name of a big furry animal, bear functions as a verb. It means to tolerate, to carry something, or to endure. ... The verb bare means to reveal or open something to view.

Bear vs. Bare—What's the Difference? | Grammarly

Yep, the idiom is and always has been, "bears watching", as in, this "object or action can stand up to and potentially reward the scrutiny of required monitoring"

The Free Dictionary - bear watching

ruff 06-12-2020 04:57 PM

This thread bears watching. Are bears watching? There is barely any watching of bears that bares scrutiny.

ilnjscb 06-12-2020 06:43 PM

Quote:

Originally Posted by ruff (Post 22684277)
This thread bears watching. Are bears watching? There is barely any watching of bears that bares scrutiny.

And we're talking so much because we didn't buy BTC at $1 and retire to the south pacific

ruff 06-13-2020 08:52 AM

Quote:

Originally Posted by ilnjscb (Post 22684317)
And we're talking so much because we didn't buy BTC at $1 and retire to the south pacific

Jeez, don't remind me. Who knew?

mce 06-13-2020 02:10 PM

At least 100,000 USD

freecartoonporn 06-14-2020 08:44 AM

~35k
...........

nikki99 06-14-2020 09:01 AM

at least 2 --------------> pages


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