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-   -   5 year bump thread...guess the price of BITCOIN 5 years from now (https://gfy.com/showthread.php?t=1134484)

JFK 02-26-2014 12:03 PM

Fitty extinct BTC's :Graucho

NEW XTC 02-26-2014 12:04 PM

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 02-26-2014 12:16 PM

Quote:

Originally Posted by NEW XTC (Post 19996724)
I addressed that earlier:



All winners will get rewards!

Missed that, sorry :upsidedow
In that case, put me in for 0.00$ as well :2 cents:

And I would not mind dollar payment tanked or not as blowjobs are expensive to deliver :1orglaugh

NEW XTC 02-26-2014 12:17 PM

Quote:

Originally Posted by mineistaken (Post 19996744)
Missed that, sorry :upsidedow
In that case, put me in for 0.00$ as well :2 cents:

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 02-26-2014 12:20 PM

Quote:

Originally Posted by Harmon (Post 19996445)
non-existant

Hate me all you want. It's my prediction

I concur.

NEW XTC 02-26-2014 01:08 PM

Quote:

Originally Posted by theking (Post 19996752)
I concur.

Got the Unibomber in for a big goose egg too!

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

http://fitsnews.com/wp-content/uploa.../unabomber.jpg

nexcom28 02-26-2014 01:45 PM

$4712 I guess.

NEW XTC 02-26-2014 01:49 PM

Quote:

Originally Posted by nexcom28 (Post 19996826)
$4712 I guess.

Nexcom steps up big :thumbsup

Alex1776 02-26-2014 02:56 PM

$2679.87

Penny24Seven 02-26-2014 03:07 PM

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 02-26-2014 03:14 PM

Quote:

Originally Posted by Brian837 (Post 19996934)
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 02-26-2014 03:20 PM

Deep Brian....deep

RubyGoodnight 02-26-2014 03:29 PM

$750

8char

ruff 02-26-2014 03:36 PM

Quote:

Originally Posted by NEW XTC (Post 19996436)
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 02-26-2014 03:45 PM

The Singularity will obviate all forms of currency.

HerPimp 02-26-2014 03:48 PM

$1,500


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

mineistaken 02-26-2014 03:53 PM

Quote:

Originally Posted by ruff (Post 19996976)
in 5 years Bitcoin will be valued at over $50,000 each.

We have a winner :thumbsup

NEW XTC 02-26-2014 04:10 PM

Quote:

Originally Posted by ruff (Post 19996976)
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 02-26-2014 04:12 PM

$42,000

hedge guess!

Juicy D. Links 02-26-2014 04:13 PM

me and jfk are lovers

nexcom28 02-26-2014 04:18 PM

Quote:

Originally Posted by dyna mo (Post 19997029)
$42,000

hedge guess!

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

dyna mo 02-26-2014 04:20 PM

Quote:

Originally Posted by nexcom28 (Post 19997039)
If you are closest you should ask him to send you one btc.

I like the cut of your jib!


clickhappy 02-26-2014 04:33 PM

About the same value as Flooz: $0

Quote:

Originally Posted by NEW XTC (Post 19996436)
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 02-26-2014 04:37 PM

Quote:

Originally Posted by clickhappy (Post 19997066)
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 02-26-2014 04:42 PM

Quote:

Originally Posted by NEW XTC (Post 19997074)
but thats just kookoo for coco puffs

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

420 02-26-2014 04:55 PM

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 02-26-2014 05:04 PM

Quote:

Originally Posted by 420 (Post 19997094)
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 02-26-2014 05:08 PM

$400

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

NEW XTC 02-26-2014 05:11 PM

Quote:

Originally Posted by 420 (Post 19997110)
$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 02-26-2014 05:24 PM

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 02-26-2014 05:25 PM

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 02-26-2014 05:33 PM

Quote:

Originally Posted by 420 (Post 19997146)
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 02-26-2014 05:33 PM

Quote:

Originally Posted by ilnjscb (Post 19997141)
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 02-26-2014 05:38 PM

$1.952.19c

NEW XTC 02-26-2014 06:11 PM

Quote:

Originally Posted by scarlettcontent (Post 19997165)
$1.952.19c

got you

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

NEW XTC 02-27-2014 07:32 AM

Quote:

Originally Posted by ilnjscb (Post 19997141)

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



:helpme

Matt 26z 02-27-2014 07:39 AM

$32

......

Jel 02-27-2014 07:55 AM

Quote:

Originally Posted by ilnjscb (Post 19997141)
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 02-27-2014 08:02 AM

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 02-27-2014 08:35 AM

Quote:

Originally Posted by potter (Post 19997723)
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 02-27-2014 08:50 AM

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 02-27-2014 09:57 AM

Quote:

Originally Posted by Markul (Post 19997778)
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 :thumbsup

Quote:

Originally Posted by Double trouble (Post 19996511)


NEW XTC 02-27-2014 10:08 AM

Quote:

Originally Posted by JFK (Post 19996725)
Fitty extinct BTC's :Graucho

JFK's in on the blow bang - $0.00

greenleaf 02-27-2014 10:14 AM

Maybe $0.01

NEW XTC 02-27-2014 10:17 AM

Quote:

Originally Posted by greenleaf (Post 19997921)
Maybe $0.01

we got a low baller!

might have to give a prize to the worst guess too :winkwink:

Markul 02-27-2014 10:18 AM

Quote:

Originally Posted by NEW XTC (Post 19997882)
Gotta name an exact price to play my man.

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

Fair enough :)

Biggy 02-28-2014 02:00 PM

$12

5678901

NEW XTC 02-28-2014 02:02 PM

Quote:

Originally Posted by Biggy (Post 19999533)
$12

5678901

Biggies in the game
http://thumbs.dreamstime.com/x/pair-sixes-2082309.jpg

lucas131 03-01-2014 01:13 PM

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

DWB 03-01-2014 01:47 PM

Quote:

Originally Posted by NEW XTC (Post 19997074)
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.


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