Tuesday, December 31, 2013

Systematic Bitcoin Price Forecast for 2014

There are many people speculating about the future price of Bitcoins in 2014, and indeed some are making a serious attempt at predicting a realistic price that Bitcoin will rise to in the coming year. I have put much effort into studying, obviously not all, but many of those predictions, and then tempering or combining the more realistic ones with the projected state of the world economy in a systematic study if you will, and while some of the wilder speculations are for a price of $100,000. or more, I have reached the most conservative low estimate of $2000. each with a high of $5000. My conclusion is Bitcoins will close out the year 2014 with a price between two thousand and five thousand dollars each, and most likely close to $4000. This is assuming there is no USD crash, and in that case, all bets are off and the sky is the limit. I would enjoy hearing readers thoughts. Happy 2014 to all Bitcoiners!

Bit Donations: 18MdrcxiD27eV43q9seHyGkVvVPMw7j4j3

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