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June 3, 2013 05:00 am GMT

Calculating The Long-Term Value Of A Bitcoin

bitcoinsEditor's note:Joshua Seims is an angel investor andentrepreneurbased in San Francisco. He is currently building a company that provides secure storage of Bitcoins.A big question that's debated in the Bitcoin community is "How much will Bitcoins be worth in the long term." Here's how I approach this question. First, I agree with the common sentiment that in 10 years, bitcoins will either be worth nothing, or a lot more than they are now -- there is no middle ground.

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