What Do You Think the Exact USD-BTC Rate Will be at Christmas?

Published at: July 11, 2014

There's nothing like this (hopefully) million-Bitcoin question to catch our experts unaware: how much will Bitcoin be worth by Christmas?

The last time we served as a medium between the indusrtry's professionals who made this prediction and you, our readers, was a month and a half ago. One interesting result is that the average price prediction this time remains little changed from then – US$2218 now compared with US$2072 previously.

Never mind the long-term predictions; Cointelegraph wanted to stare into the crystal ball just a few months - and the answers we got were curious. 

Take a peek at the video below from the Inside Bitcoins Hong Kong and CEBE conferences - we interviewed leading lights from a host of Bitcoin entities and startups, so you can sit back and ponder the speculations from the experts.

Like what you hear? Be sure to follow Cointelegraph for more of the latest news and analysis on everything Bitcoin and crypto.

 

What have people said:

Alan Meckler from Mediabistro - In 5 to 10 years, we could see bitcoins as high as $10–$15,000 or higher.

Vitalik Buterin from Ethereum - It’s too hard to tell.

Dan Wells from DanWellsRacing.com - $900

Security expert Pavel Kravchenko - $800 to $900

Zennon Kapron from Kapronasia - It’ll either be worth a couple of dollars and be an enthusiast currency, or it could be worth quite a bit of money and be generally accepted by the population

Bastian Brand from Pathfinder Capital - I can imagine that it comes up again to 1,500, something like that, and the main driver of that will be finally the launch of Bitcoin ETFs.

Xavier Hawk from Permacredits - $5,432

Noah Silverman from Smart Media Corporation - Christmas this year, I’d like to see a $900 Bitcoin.

Josh Zerlan from Butterfly Labs - We’ll see a dip, and then we’re going to start climbing again.

Stanislav Wolf from Yacuna AG - Bitcoin just holds still and gains more traction.

Tone Vays from LibertyLifeTrail.com - Around $1,000

Lutz Auffenberg from Winheller Attorneys at Law - $1,021

Leonhard Weese from Bitcoin Association of Hong Kong - 3,000 US. Just a wild guess.

Guy Corem from Spondoolies-Tech - So, above $1000 per Bitcoin.

Economist Zheng Weiwu - 1000 to 3000 USD

Arthur Hayes from BitMEX - $1,200

David Johnston from BitAngles - I think the price will take care of itself.

Eddy Travia from Seedcoin - I will aim for $1,500 this year.

Antony Lewis from itBit - I don’t comment on exchange rates. I don’t really have a view on price.

Michal Wendrowski from Rublon - $4,600

Adam Krellenstein from Phantom Phreak - $3,000

Denis from CoolIT Systems - That is a million-dollar question. I have no idea.

Martin Westhead from Groupon - Anywhere between 200 and 3,000.

Star Xu from OKcoin - As a CEO of an exchange, I cannot predict the price.

Adam Vaziri from Diacle Ltd. - On the whole, I think it’s the infrastructure that’s improving. As a result, people are having more confidence in the price.

Hugh Madden from ANX - Around $1,100

Jorg Platzer from Room77 - The exchange rate right now is absolutely irrelevant. It’s the technology that counts.

Cyril Houri from Brawker - We’re going to have like a plateau again, but this time around $1500 rather than the $5–600 where we are now.

Benjamin Bommhardt from Draglet GMBH - It might be at $3,000 or $3,500 at the end of this year.

Ken Lo from ANX - $2,000

Dmitry Murashchik from Mycelium - $2,000 to $5,000

Jean-Marie Mognetti from Global Advisors - $900, if not higher

Marco Streng from Genesis Mining - Well, I guess that it will break $1,200 in any case.

Anson Zeall from CoinPip - Around $900

Verdan Kajic from Bspend - Around $3,000

Dave Chapman from ANX - To be honest, I don’t really care. That’s not where I think the most prominent feature of Bitcoin is. I’m not one to speculate.

Dominik Zynis from Mastercoin Foundation - $3,000 to $5,000

Yurii Rashkovskii from Gitchain - Around $800

David Shin from Cryptomex.io - $1,000 between now and December

Tags
Bitcoin
Bitcoin Price
Bitcoin Community
Society
Related Posts
‘Billion of users adopting Bitcoin? Maybe in 10 years,’ says Dan Held
Bitcoin has a good chance of becoming the world’s reserve currency, although we are “at least 10 years away from that,” said Dan Held, Kraken's head of growth, in an exclusive interview with Cointelegraph. According to Held, the transition to "hyperbitcoinization" — a world where Bitcoin (BTC) is adopted by billions of users — starts with retail users, then institutional investors, and finally, governments getting involved. The permissionless nature of Bitcoin is the fundamental property that is leading this transition. “It’s true, free money. It’s money that no one can control other than you,” he pointed out. He said that …
Adoption / June 25, 2021
Bad Day For Bitcoin But Community Saves The Day
If you had the pleasure to watch ‘The Revenant’, you might have noticed how nature helps, as well as torments, the protagonist during his struggle to survive. And it is this protagonist who, despite facing the harshest evils, triumphs over his insufferable pains. He emerges as a hero — tormented yet alive. It might sound like an exaggerated comparison but Bitcoin has seen this same struggle. It had a wonderful year in 2015, with lots of investments and adoptions coming its way. In terms of trading, Bitcoin was named the most profitable investment of 2015 by many mainstream media outlets. …
Bitcoin / Jan. 31, 2016
Bitcoin miners’ exchange flow reaches 7-month high as BTC price tanks below $21K
Bitcoin’s (BTC) price tanked to a 52-week low of $20,800 earlier on Wednesday, down by over 70% from its all-time high of $68,788. Although the price has since recovered above $21,000, key market indicators point toward bears having a significant hold on the current market. Bitcoin Miners to Exchange flow, a metric that indicates the volume of BTC sent by miners to crypto exchanges, rose to a seven-month high of 9,476. The rise in exchange flows indicates miners are currently selling their BTC in anticipation of the price going down. The actions of the BTC miners often reflect the larger …
Bitcoin / June 15, 2022
Why the crypto market crash may play in Bitcoin's favour
Natalie Brunell, the host of Coin Stories podcast, thinks that the recent incidents involving Terra (LUNA, now rebranded LUNC) and Celsius (CELH) and the following market sell-off will lead to regulatory action that will likely favor Bitcoin (BTC) over the rest of cryptocurrency. “I'm going to be watching for regulation developments, just signifying that Bitcoin is a digital property and that maybe there's more fair accounting that can be done to allow institutions to invest," she said in her latest interview with Cointelegraph. "And the other cryptocurrencies, I think will be deemed securities,” she continued. Brunell defines herself as a …
Bitcoin / June 20, 2022
How the Ordinals movement will benefit the Bitcoin blockchain
Bitcoin (BTC) NFTs will have a positive impact on Bitcoin ecosystem by improving its security and incentivizing developers to build on the network, according to independent developer Udi Wertheimer. The number of newly created Ordinals, also referred to as "inscriptions", have been spiking in recent weeks, causing a surge in transaction fees and average block size on the Bitcoin blockchain. According to Wertheimer, Bitcoin NFTs are going to be beneficial for Bitcoin's security budget: by driving up transaction fees, the creation of Ordinals will incentivize miners to secure the network while the revenue from mining reward will be decreasing with …
Adoption / Feb. 18, 2023