Bitcoin Forum

Economy => Speculation => Topic started by: turtlehurricane on May 13, 2014, 12:37:38 AM



Title: ...
Post by: turtlehurricane on May 13, 2014, 12:37:38 AM
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Title: Re: Simple logic as to why Bitcoin will be worth thousands of dollars in the future
Post by: jbrnt on May 13, 2014, 12:46:50 AM
I am not saying bitcoin will not be worth thousand in the future, but "innovative idea" is not a valid arguement. What about adoption, liquidity, price stability? I hope your full article will address these areas.

Where and when will you publish this article of yours?


Title: Re: Simple logic as to why Bitcoin will be worth thousands of dollars in the future
Post by: Bitcopia on May 13, 2014, 02:00:55 AM
I am not saying bitcoin will not be worth thousand in the future, but "innovative idea" is not a valid arguement. What about adoption, liquidity, price stability? I hope your full article will address these areas.

Where and when will you publish this article of yours?

Price stability issue will be fully resolved when XBT futures are released. The issue is already mostly resolved by companies such as Coinbase and Bitpay. They just don't have the funds to support major retailers like Amazon.
Liquidity generally solves itself. As bigger players come in, creating need for liquidity, more people join the ecosystem, creating more liquidity.
Adoption is consistently increasing.


Title: Re: Simple logic as to why Bitcoin will be worth thousands of dollars in the future
Post by: zoinky on May 13, 2014, 02:03:31 AM
Only reason Bitcoin won't be worth thousands if it stops working as its intended.


Title: Re: Simple logic as to why Bitcoin will be worth thousands of dollars in the future
Post by: jbrnt on May 13, 2014, 02:20:05 AM
The article isn't about Bitcoin's price, that's just a small piece of it. Can you expand on what you mean though?

You gave this thread a title about bitcoin being worth thousands, so I thought you are going to outline the reasons why bitcoin is going to appreciate in value but with lower volatility; the process to gain adoption globally with brick and mortar stores accepting bitcoin; and how exchanges can work better with banks to boost bitcoin liquidity.

Are these points covered?