Bitcoin Forum

Economy => Economics => Topic started by: Bitcoiner on July 16, 2010, 02:38:13 AM



Title: Who's going to make out like a bandit...
Post by: Bitcoiner on July 16, 2010, 02:38:13 AM
... when Bitcoins are used by at least 10 million people, are at a supply of 10 million, and represent an economy of 10 billion?

1BTC = $1000 USD?

 :o ??? ;D


Title: Re: Who's going to make out like a bandit...
Post by: Anonymous on July 16, 2010, 03:18:11 AM
... when Bitcoins are used by at least 10 million people, are at a supply of 10 million, and represent an economy of 10 billion?

1BTC = $1000 USD?

 :o ??? ;D

The gold price should be over $5000 if they werent suppressing it  :D


Title: Re: Who's going to make out like a bandit...
Post by: TopSoil on July 16, 2010, 10:19:28 AM
yeah maybe you should reconsider this guys arguments: http://bitcointalk.org/index.php?topic=57.0


Title: Re: Who's going to make out like a bandit...
Post by: db on July 16, 2010, 11:30:59 AM
yeah maybe you should reconsider this guys arguments: http://bitcointalk.org/index.php?topic=57.0

So why aren't you spending all your money on bitcoins then? And why is the market rate not 1000 USD / BTC?

They might well be worth that much or more some day but there is also the risk of them becoming worthless through bubbles or not catching on.


Title: Re: Who's going to make out like a bandit...
Post by: joechip on August 02, 2010, 11:13:15 AM
yeah maybe you should reconsider this guys arguments: http://bitcointalk.org/index.php?topic=57.0

So why aren't you spending all your money on bitcoins then? And why is the market rate not 1000 USD / BTC?

They might well be worth that much or more some day but there is also the risk of them becoming worthless through bubbles or not catching on.


Such is the problem of the entrepreneur, forever balancing fear and greed.  The early-adopters of any technology are due to make out well if that technology is accepted in the marketplace.  The amount of resolution built into Bitcoin will make it a much more liquid market than a physical commodity with similar valuations due to a limit on fungibility.

But, in order for anyone to make out like a bandit, as the thread implies, the market for Bitcoins needs to improve dramatically. 

Ta,


Title: Re: Who's going to make out like a bandit...
Post by: NewLibertyStandard on August 02, 2010, 07:10:26 PM
People usually disagrees with me whenever I mention it, but the phrase "make out like a bandit" sure comes across as "kiss like a bandit". :-*  It sounds a lot better as "make off like a bandit". Am I right or am I right?


Title: Re: Who's going to make out like a bandit...
Post by: nelisky on August 03, 2010, 12:08:06 AM
At the risk of getting this thread way off topic, I have to agree with NewLibertyStandard. I'm not a native English speaker, and while I do have a lot of exposure to English on my everyday's work, some terms, such as the one in the thread topic, get me thinking: "Hmmm, I wonder how it is that bandits make out."

I don't like these thoughts, mind you, so I'll just distract myself by typing './bitcoind getinfo' on the console over and over again, and wonder in vain when is it that the pesky number of bitcoins will decide to change!


Title: Re: Who's going to make out like a bandit...
Post by: Red on August 03, 2010, 02:20:57 AM
Answering the actual question:

Knightmb


Title: Re: Who's going to make out like a bandit...
Post by: nanaimogold on October 10, 2010, 08:30:39 PM
"Make out" meant get away long before the sexual connotation.

Make your way out = get away.

The actual expression is _made_ out like a bandit. It makes better sense in past tense.

cheers!


Title: Re: Who's going to make out like a bandit...
Post by: gangplank on November 28, 2013, 03:39:30 AM
So did any of you make out like bandits?


Title: Re: Who's going to make out like a bandit...
Post by: Bill Bisco on November 28, 2013, 04:18:17 AM
I truly believe that $1000 USD / 1 BTC is just the beginning.  If people want to sell, that's their business.  I don't see any bandits here.


Title: Re: Who's going to make out like a bandit...
Post by: ScaryHash on November 28, 2013, 05:01:18 AM
I truly believe that $1000 USD / 1 BTC is just the beginning.  If people want to sell, that's their business.  I don't see any bandits here.

Today is the day !!

$1000 = 1 BTC.

Guess this is the day the believers were waiting for.


Title: Re: Who's going to make out like a bandit...
Post by: cr1776 on November 28, 2013, 12:01:26 PM
I truly believe that $1000 USD / 1 BTC is just the beginning.  If people want to sell, that's their business.  I don't see any bandits here.

Today is the day !!

$1000 = 1 BTC.

Guess this is the day the believers were waiting for.


The believers are waiting for $10,000 and $50,000.  :-)


Title: Re: Who's going to make out like a bandit...
Post by: ScaryHash on November 28, 2013, 06:05:06 PM
I hear you there.

But, at the moment, it does feel good to see it over $1000. Gox right now is at $1200...

People called Bitcoin lots of things, now they should sit up and take notice.

New article at CNN.com money, says it can actually be part of a portfolio, although "no more than 1%"....which I think is bs.

Why, because stocks aren't a bubble? lol


Title: Re: Who's going to make out like a bandit...
Post by: piramida on November 28, 2013, 07:40:13 PM

New article at CNN.com money, says it can actually be part of a portfolio, although "no more than 1%"....which I think is bs.

Why, because stocks aren't a bubble? lol


No, because that 1% would be worth more than the other 99% quickly and it'll balance out :)


Title: Re: Who's going to make out like a bandit...
Post by: thetopham on November 28, 2013, 07:41:54 PM
time machine please?


Title: Re: Who's going to make out like a bandit...
Post by: ajax3592 on November 28, 2013, 07:54:04 PM
time machine please?
That's what I need. Now, atleast we know which year do we have to land up exactly to get filthy rich!


Title: Re: Who's going to make out like a bandit...
Post by: mootinator on November 28, 2013, 10:58:51 PM
time machine please?
That's what I need. Now, atleast we know which year do we have to land up exactly to get filthy rich!

The time travelers who went back to 2009/2010 actually realized they were causing too much disruption, so they had to go back again to tell themselves to just go back to 2013.