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)