Bitcoin Forum

Economy => Speculation => Topic started by: blatchcorn on May 25, 2014, 12:14:37 PM



Title: 7 digits before the end of the year.
Post by: blatchcorn on May 25, 2014, 12:14:37 PM
Possible? More unlikely things have happened.


Title: Re: 7 digits before the end of the year.
Post by: shizuska on May 25, 2014, 12:16:04 PM
Why so pessimistic, i say 10 digits


Title: Re: 7 digits before the end of the year.
Post by: blatchcorn on May 25, 2014, 12:17:16 PM
Why so pessimistic, i say 10 digits
I am a bear  ;)


Title: Re: 7 digits before the end of the year.
Post by: gentlemand on May 25, 2014, 12:18:02 PM
Googolplex


Title: Re: 7 digits before the end of the year.
Post by: BitchicksHusband on May 25, 2014, 12:24:53 PM
Possible? More unlikely things have happened.

No, because 7 digits means that bitcoin has taken over as THE payment system used worldwide.  Western Union, Paypal, Visa?  All thrown away in the dustbin of history because of bitcoin.

That MIGHT happen in 25 years+, but not this year.


Title: Re: 7 digits before the end of the year.
Post by: bitleif on May 25, 2014, 12:27:22 PM
I predict that by the end of 2014, all ten digits will (still) be used extensively in Bitcoin pricing.


Title: Re: 7 digits before the end of the year.
Post by: xenon481 on May 25, 2014, 12:28:16 PM
Possible? More unlikely things have happened.

No, because 7 digits means that bitcoin has taken over as THE payment system used worldwide.  Western Union, Paypal, Visa?  All thrown away in the dustbin of history because of bitcoin.

That MIGHT happen in 25 years+, but not this year.

Or it could just mean hyper inflation of the USD which isn't impossible, just unlikely.


Title: Re: 7 digits before the end of the year.
Post by: Hyena on May 25, 2014, 12:29:25 PM
Possible? More unlikely things have happened.

No, because 7 digits means that bitcoin has taken over as THE payment system used worldwide.  Western Union, Paypal, Visa?  All thrown away in the dustbin of history because of bitcoin.

That MIGHT happen in 25 years+, but not this year.

Time speeds up with an acceleration (measured by the frequency of innovations, see Terence McKenna's time wave theory). You might want to take the square root from 25. You would end up with just 5 years.


Title: Re: 7 digits before the end of the year.
Post by: Wandererfromthenorth on May 25, 2014, 01:01:51 PM
http://2.bp.blogspot.com/_NcSYDKoU8vM/TC4QPHolFlI/AAAAAAAAAJs/vr72yvA-tXo/s1600/cereal.png


Title: Re: 7 digits before the end of the year.
Post by: nesevis on May 25, 2014, 02:14:34 PM
[img]

Haha, nice one!


Title: Re: 7 digits before the end of the year.
Post by: vpitcher07 on May 25, 2014, 04:15:41 PM
This is what I like to call a bull (shit) outlook.


Title: Re: 7 digits before the end of the year.
Post by: cspeter8 on May 25, 2014, 04:27:02 PM
I think 5 digits before end of year has a significant possibility of happening.  I expect between 6000 and 11000  20,000 ATH.

I upped this a bit more after looking at straight line trendline of peak prices in http://bitcoincharts.com/charts/bitstampUSD#tgSzm1g10zm2g25zvzl


Title: Re: 7 digits before the end of the year.
Post by: amitrwt on May 25, 2014, 04:46:57 PM
even if it goes upto 5k i'll the happiest person around..! I just feel pity for the people who thought it will crash further from 420$-430$ .. should have bought then, still not too late i'll say .


Title: Re: 7 digits before the end of the year.
Post by: E-C.Guru on May 25, 2014, 05:30:42 PM
How much is 7 digits..?



100, 000.. no, thats six.

1, 000 000. Wow. Yes, alright, I agree, 7 digits! I can live with that.


And yes, as said, stranger things have happened. I do predict a market crash and some turmoil and war, rising oil and gold-prices etc. Not impossible.


Title: Re: 7 digits before the end of the year.
Post by: gogxmagog on May 26, 2014, 03:21:58 AM
seven digits, but with a decimal somewhere around the middle.


Title: Re: 7 digits before the end of the year.
Post by: bitsmichel on May 26, 2014, 08:45:25 AM
seven digits, but with a decimal somewhere around the middle.

7 digits? As in 10 million USD per coin? Now that would be something... I think it is more probable to have a digit somewhere in the middle, $1000 to $10.000


Title: Re: 7 digits before the end of the year.
Post by: UnDerDoG81 on May 26, 2014, 10:15:09 AM
Lol 7 digits? You serious? Lets say 4 and IŽll be pretty happy already  :D



Title: Re: 7 digits before the end of the year.
Post by: bitcoinsrus on May 26, 2014, 11:46:18 AM
http://www.droidforums.net/forum/attachments/android-news/55424d1346431182-samsung-plans-sue-apple-if-they-release-lte-iphone-dr-evil-million-dollar-bill.jpg


Title: Re: 7 digits before the end of the year.
Post by: piramida on May 26, 2014, 12:42:08 PM
let's just hope at least some of those seven digits are not zeroes.


Title: Re: 7 digits before the end of the year.
Post by: gogxmagog on May 26, 2014, 10:23:48 PM
seven digits, but with a decimal somewhere around the middle.

7 digits? As in 10 million USD per coin? Now that would be something... I think it is more probable to have a digit somewhere in the middle, $1000 to $10.000

no
like this; 0.000001


Title: Re: 7 digits before the end of the year.
Post by: Alonzo Ewing on May 26, 2014, 10:25:56 PM
Possible? More unlikely things have happened.

Not with Bitcoin.  It has never had a 2000x increase in 6 months.


Title: Re: 7 digits before the end of the year.
Post by: blatchcorn on May 27, 2014, 07:44:39 AM
Possible? More unlikely things have happened.

Not with Bitcoin.  It has never had a 2000x increase in 6 months.
https://www.youtube.com/watch?v=dZyUWLW7kEI (https://www.youtube.com/watch?v=dZyUWLW7kEI)

Unlikely things can happen with bitcoin.  Tbh,  I am a bear so this is probably a pessimistic forecast by other standards.


Title: Re: 7 digits before the end of the year.
Post by: Hyena on May 27, 2014, 08:53:56 AM
Possible? More unlikely things have happened.

Not with Bitcoin.  It has never had a 2000x increase in 6 months.
https://www.youtube.com/watch?v=dZyUWLW7kEI (https://www.youtube.com/watch?v=dZyUWLW7kEI)

Unlikely things can happen with bitcoin.  Tbh,  I am a bear so this is probably a pessimistic forecast by other standards.

Luck has a funny way to change.


Title: Re: 7 digits before the end of the year.
Post by: bitbob82 on May 27, 2014, 09:30:49 AM
lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen


Title: Re: 7 digits before the end of the year.
Post by: chessnut on May 27, 2014, 09:44:24 AM
lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.


Title: Re: 7 digits before the end of the year.
Post by: bitbob82 on May 27, 2014, 09:48:02 AM
lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



Title: Re: 7 digits before the end of the year.
Post by: btc-owl on May 27, 2014, 10:05:11 AM
are you serious?


Title: Re: 7 digits before the end of the year.
Post by: Arghhh on May 27, 2014, 10:26:22 AM
Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen
https://i.imgur.com/B1Ku1sD.jpg


Title: Re: 7 digits before the end of the year.
Post by: YipYip on May 27, 2014, 11:22:03 AM
lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen


...seriously laughed really really hard after reading your post ... i started to cry a little bit as well

Oh taht was soo funny ... i think you are awesome ...but can i enquire that the there is a lot of JR in junior member ?


Title: Re: 7 digits before the end of the year.
Post by: piramida on May 27, 2014, 11:40:34 AM

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



It's obvious that after they sold everything to buy 1000 bitcoin then they go to work minimal wage at burger king flipping burgers! That's how billionaires roll - in disguise. So that will happen soon, for reals.


Title: Re: 7 digits before the end of the year.
Post by: YipYip on May 27, 2014, 12:08:44 PM

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



It's obvious that after they sold everything to buy 1000 bitcoin then they go to work minimal wage at burger king flipping burgers! That's how billionaires roll - in disguise. So that will happen soon, for reals.

At least they would be able to buy lots of pokemons for their DS as there is bitcoin pokemon exchange called MtPokEGoX


Title: Re: 7 digits before the end of the year.
Post by: gentlemand on May 27, 2014, 12:16:58 PM
lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



We are moving into a more virtual age. Instead of lounging on super yachts we will see billionaires sitting on benches showing each other their mycelium balances. They will then return to their flop houses with the glow of a day well lived.


Title: Re: 7 digits before the end of the year.
Post by: blatchcorn on May 27, 2014, 12:55:59 PM
lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



We are moving into a more virtual age. Instead of lounging on super yachts we will see billionaires sitting on benches showing each other their mycelium balances. They will then return to their flop houses with the glow of a day well lived.
Hahahaa funniest thing I have seen on here since Fonzie :D


Title: Re: 7 digits before the end of the year.
Post by: JimboToronto on May 27, 2014, 01:02:41 PM
LOL thread.

 :) ;) :D ;D ::)


Title: Re: 7 digits before the end of the year.
Post by: YipYip on May 28, 2014, 01:37:15 AM
Just bumped one of the funniest threads I have read :D


Title: Re: 7 digits before the end of the year.
Post by: williamj2543 on May 28, 2014, 01:39:20 AM
Lets do 20000 digits. I will be very happy...


Title: Re: 7 digits before the end of the year.
Post by: blatchcorn on May 28, 2014, 06:24:57 AM
Lets do 20000 digits. I will be very happy...
Not out of the question either.


Title: Re: 7 digits before the end of the year.
Post by: DolanDuck on May 28, 2014, 12:40:49 PM
eheh this thread made me laugh, 7 digits, 1.000.000$ for 1 btc is almost impossible even in the future...
but who knows, let's see how far it will go.


Title: Re: 7 digits before the end of the year.
Post by: okthen on May 28, 2014, 01:28:50 PM
I think in one year the optimists around went from "quite pessimistic" to "absurdly optimistic".
I'd be happy with 4 digits in the end of the year, and I think 5 are possible. 6 would be a crazy 2011 type of thing. But 7...


Title: Re: 7 digits before the end of the year.
Post by: blatchcorn on May 29, 2014, 09:46:38 AM
I think in one year the optimists around went from "quite pessimistic" to "absurdly optimistic".
I'd be happy with 4 digits in the end of the year, and I think 5 are possible. 6 would be a crazy 2011 type of thing. But 7...
Would you be sad with 3 digits?


Title: Re: 7 digits before the end of the year.
Post by: blatchcorn on May 30, 2014, 04:30:05 PM
Getting more and more likely by each passing day  ;)


Title: Re: 7 digits before the end of the year.
Post by: BitChick on May 30, 2014, 04:40:01 PM
7 digits, no.

6 digits, maybe.

We will need to increase much faster than we are now though. ;)


Title: Re: 7 digits before the end of the year.
Post by: okthen on June 02, 2014, 11:57:55 PM
I think in one year the optimists around went from "quite pessimistic" to "absurdly optimistic".
I'd be happy with 4 digits in the end of the year, and I think 5 are possible. 6 would be a crazy 2011 type of thing. But 7...
Would you be sad with 3 digits?

No, I'd just be 'meh'.


Title: Re: 7 digits before the end of the year.
Post by: roslinpl on June 03, 2014, 12:00:55 AM
I say 7 digits - possible!
$10000.00 

:) why not? :) But this is highly low chance to be the truth..

no argue - possible :)


Title: Re: 7 digits before the end of the year.
Post by: williamj2543 on June 03, 2014, 11:30:29 PM
Lately is been rising so much :)