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b_b  ·  4014 days ago  ·  link  ·    ·  parent  ·  post: 1 BTC traded over 1000 USD

    Would you be willing to promise to sell me 100 BTC (or a bag of peanuts, if bitcoin ceases to exist) in five years for a total price of ten dollars? Seriously, with signatures and escrow and whatever we need to make a deal.

Obviously not. There's no upside for me in that case. I'm not going to make a hard price prediction. There is a chance BTC will be worth a decent amount years from now, but if so, it will be through gradual adoption, which will make the price increase steadily. As it stands now, this is a bubble. Bubbles all burst eventually.