Post
Topic
Board Speculation
Re: Predict the next 2 years, no take-backsies
by
Qoheleth
on 25/05/2012, 16:59:25 UTC
I do not think that Bitcoin will fall below $2/coin again.
I raise you to "Bitcoin will not fall below $4/coin."

I hope you're right, but a lot can happen in two years. A one-dollar price fluctuation would have been nothing strange just a few months ago, and I'm not quite convinced we've left volatility behind.

May 2014: ~$2200/coin

I expect Bitcoin to be handling about 1% of World GDP by that time and the above price represents that.
I could see this happening in ten years, depending on how things go, but I can't see it happening in two.

In fact, I'm sure enough about it that I'd propose a futures contract on the matter if I knew I could even find you two years from now Wink