Quote from: randy8777 on February 09, 2016, 03:49:40 PM

Quote from: arthurminton on February 09, 2016, 03:33:41 PM

in this kind of market gold can act as a safe haven at a resistance of $1191 in the global markets. bitcoin is also kind of a same haven but it might top out at $500.

top out at $500? if you mean for the short term, then it makes sense. but the long term we'll most definitely break through the magical $1000 barrier again. i know $1000 is very far away from the current price of $374, but i think we'll manage to hit $1000 before december 2017.

From what I can see, as the price is slightly more stable now.
And, at every block halving the price should double.
This means:

period (year)	min average	max average
2010-2015	£100	£200
2015-2020	£200	£400
2020-2025	£400	£800
2025-2030	£800	£1600
2030-2035	£1600	£3200
2035-2040	£3200	£6400
2040-2045	£6400	£12800
2045-2050	£12800	£25600

(NOTE: I KNOW THIS IS NOT VERY ACCURATE AND IT WILL REDUCE DUE TO THE AMOUNT OF COINS ALREADY AVALIABLE, BUT IT IS A ROUGH ESTIMATE)