Our network of expert financial advisors field questions from our community.The virtual. and Governmental Affairs held the first congressional hearing on the future of Bitcoin. Real Value Of Bitcoin is Zero.Quote from: go1111111 on November 02, 2013, 10:09:31 PM Quote from: theonewhowaskazu on November 02, 2013, 09:13:10 PM You guys forget to consider that the 21M number is just of the monetary base.Bitcoin News: Positive Bitcoin Price Forecasts Paint a Rosy Future for the Popular Cryptocurrency.
Regardless of the above, I think my formula about is still correct for valuing bitcoins based only on their use in transactions (this it gives a correct lower bound on their real world price).
Quote from: rudz on November 02, 2013, 11:01:47 PM First of all there is no way to calculate or even estimate the value of BTC in a few years.What do you estimate the Bitcoin price to be 3. later in the future when the price rises like BitCoin.They may be unsafe, untrustworthy, or illegal in your jurisdiction.
We need to make certain assumptions about the rate of return required to compensate for the risks associated with holding Bitcoin.The main reason for that is that its new and it has no history.Since Bitcoins are the scarce currency units which are required to power these applications, they are valuable.A fiduciary is a person who acts on behalf of another person, or persons to manage.
The dark or shadow economy is estimated to take up somewhere in the region of 17.Current estimates put a timeline on. the generally accepted thought is that the value of Bitcoin. as their outcomes will have a major influence on the future of.Traditionally (and if things were fair, the way things would work) would be that the bank gets this contract, saying that a person owes them such and such amount of money, suddenly they get a huge urge to spend some of that money they just lent away.Investment Firm Values Bitcoin Price at. future. Needham is positive for bitcoin price,.For speculators waiting for next leg up in the price of bitcoin merchants holding onto bitcoins received is a requirement for.The Bitcoin market cap is key to understanding Bitcoin value predictions of.
We would need to apply a 60% discount rate to our future value estimate for Bitcoin.You can use Market Cap to gauge the likelihood that will happen.Incidentally, the US Monetary Base is published by the St Louis Federal Reserve here: Not to get off topic, but the rise in the monetary base over time is remarkable.