|
Title: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M Post by: n8rwJeTt8TrrLKPa55eU on March 06, 2013, 02:06:53 AM http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/
Title: Re: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M Post by: justusranvier on March 06, 2013, 02:09:14 AM I agree that 20 years from now one Bitcoin will either be worth $1x10^6 +/-$1x10^1 or worth nothing.
Title: Re: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M Post by: bbit on March 06, 2013, 02:23:46 AM I agree that 20 years from now one Bitcoin will either be worth $1x10^6 +/-$1x10^1 or worth nothing. One of the two is correct. Title: Re: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M Post by: FreeMoney on March 06, 2013, 02:51:03 AM I agree that 20 years from now one Bitcoin will either be worth $1x10^6 +/-$1x10^1 or worth nothing. I think that's more specific than you intended. I read it as $999990-$1000010. :P Title: Re: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M Post by: justusranvier on March 06, 2013, 02:55:59 AM I think that's more specific than you intended. I read it as $999990-$1000010. :P I know, but I think most people can figure it out.Title: Re: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M Post by: Dusty on March 06, 2013, 07:54:54 AM I think that's more specific than you intended. I read it as $999990-$1000010. :P I know, but I think most people can figure it out.Just write it as 10^(6 +/- 1) :) Title: Re: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M Post by: marcus_of_augustus on March 06, 2013, 10:26:36 AM I think that's more specific than you intended. I read it as $999990-$1000010. :P I know, but I think most people can figure it out.Just write it as 10^(6 +/- 1) :) Yeah, what's an order of magnitude amongst friends anyway? Either way it would be wild ride. You have got to admire Falkvinge's cahajone's for going all-in way back when he did .... but I think his estimates are heavily discounting the risk from bitcoin2.0-like competition. |