Quote from: Febo on May 29, 2015, 07:49:44 PM

Quote from: Razick on May 29, 2015, 01:41:56 AM

Quote from: Febo on May 28, 2015, 09:04:53 PM

Quote from: Window2Wall on May 28, 2015, 02:13:28 PM

Nobody can grantee that, but I'm sure of that... Bitcoin will break $1000 barrier, it's just a matter of time (1-3 years). In this timeline we'll see a lot of price variations.

It will break $1000 in less then a year. It will not stay there. But for sure will get there at some point.

That's not a fact though, it's an opinion. Will it for sure break $1,000 in less than a year? No. If Bitcoin became obsolete a month from now due to a much better alternative, it might never reach $1,000, or it could just take longer than expected. Not to mention that if it does break $1,000 it may well stay there.

If $1,000 was guaranteed a year from now, Bitcoin would be at least $900 or so since its present value would be $1,000 - (time value of money for 1 year).

Bitcoin will not get any close to obsolete in next 3 years from any better alternative. Only option is that there come to some terrible flaw in protocol. That is only way Bitcoin gets obsolete in one year time.

There are experts looking for bugs daily, tons of them. If any major flaw was there it would have occurred before. The protocol is rock solid, at this point is just not something worth worrying, so is a potential coin deprecating BTC anytime soon.