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It looks like Bitcoin will stay around the $8000 USD price range for the next few weeks.
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These 21 million people are not your average humans. They are very smart.
They know that as long as they own 1 full Bitcoin, they are never obligated to sell it at the current market price.
They get to set their own price per Bitcoin. Yes, that's right. Each one of those 21 million people only sell their Bitcoin for $1 million USD each.
When these smart people get a hold of Bitcoin, let's just say there won't be much supply left to buy.
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Bitcoin passed $8000 mark.
There are currently 21 million people in this world that are on a mission. That mission is to own 1 Bitcoin forever.
21 million people are trying their very best to own 1 Bitcoin and hold forever.
Full coverage coming soon showing you how these 21 million people are doing.
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This guy has gone total insane over Bitcoins by trying to criticize Bitcoins giving so many negatively publicized statements, one of which was this recent one: ‘Stupid’ Bitcoin Buyers Will Pay the Price." So, we're stupid enough eh!?
I salute to this guy who looks too much scared about his empire and ending era of his fear over people being a complete mafia in the world of trading. A person who used to influence markets too much, is extremely "stupid" enough IMHO as he is just helping Bitcoins way too much by commenting over it. I am glad he is saying all this to Bitcoins and thank him to carry over the bullshit. Well, what comes to my mind first when I see his comments nowadays is that this guy must be doing something shady behind like investing himself in Bitcoins and making a fool of everyone by asking them to drop their idea of putting their money in Bitcoins to buy the dips. What's on your mind about this?
You do not need to continue to be mad at Jamie Dimon, any good or bad publicity is free advertising for Bitcoin. |
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Bitcoin passed the $7000 mark.
Stay tuned, more to come soon . . .
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Considering that money (i.e. Bitcoin) is a merely representation of assets to provide a medium of exchange: The total world assets* = $294 trillion
Total amount of Bitcoins = 21 million
294 trillion / 21 million = 14 million
$14 million = 1 Bitcoin Of course, this metric and calculation is only viable if all other currencies are rendered useless and bitcoin is the only currency that is used; In Layman's terms, this is the maximum amount of monetary value one bitcoin could represent**. *https://www.marketwatch.com/story/global-stock-market-cap-has-doubled-since-qes-start-2015-02-12 **If no more assets are either, created or destroyed. You can try to do your calculation by replacing the "Total World assets" with "Total USD already printed and in circulation." |
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Warren Buffet knows his company Berkshire Hathaway will lose its share price value if he supports Bitcoin. Each share in Berkshire Hathaway currently cost over $280,000 USD just to own 1 share of Berkshire Hathaway. http://finance.google.com/finance?q=NYSE%3ABRK.A&ei=b6_3WYHeNNWxjAHbnJe4CAIf, he supports Bitcoin. The price of Bitcoin will be over $1,000,000 USD per coin. That's many times more expensive then Berkshire Hathaway. Warren Buffet wants each share of Berkshire Hathaway to worth over $1,000,000 per share. Therefore, he's not going to support Bitcoin. |
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How do I pay for Bitcointalk advertising?
Where are the payment links?
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