Quote from: Bobsurplus on December 21, 2013, 04:30:43 PM

Quote from: hoewer4what on December 20, 2013, 02:24:55 PM

More realistic is max prediction value between 100,000 and 1,000,000. Obviously 10+ years

Not ten years, more like 2 years. If bitcoin keep rising at the current pace then we'll see a 50-100K BTC within the next two years.

Why should it keep rising at the same rate? That's what I like about bitbench's article: He starts talking about **value**, while all others just look at the price charts and make their "opinions" on how it would continue. Here's what I think: It's impossible to predict the future development of a chart just by looking that past chart. It **is** possible though, to **think** about long term value. All credit goes to bitbench to have that discussion started for Bitcoin. Nobody has done that before. Everyone just seems to "know" how the price will develop just by looking at how it has developed so far. It's soooo ridiculous.