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Well see continued stability until dumbasses outside the BTC choo choo train realize they are late as big players jump in.
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The longer it takes to start, the higher the bubble.
Emotions drive bubbles, so if they believe the bubble will likely go to 6000, they will wait longer to start selling than if they believe the bubble will only go to 2500. When everyone is anxious and worried that there will be no more bubbles, discussing how overdue it is, I hope it take another 2 months. Desperation will turn into euphoria and buying.
My best guess is 3-4k, but I would love to see 10k even if there would be a massive crash afterwards.
Yeah, but what if 10K is the new floor and you cash out? This kills me. |
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Retailers seem like a double edged sword to me. They say "ohh yeah, we support Bitcoin" and so on, but then they act as Bitcoin dumping machines as they convert all of their gains to fiat.
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100 btc will be enough for retirement in 4-5 years but if you wait 2020, after the second btc halving from now, maybe with 50 btc you will live peacefuly untill heaven/hell.
Yes, 200BTC plus ~$500K-1mil in fiat accounts (stocks, bonds) plus paid off RE (0.5-1mil) plus soc sec-all this together should be enough, I hope. Well then it's not 200 BTC, its a shit ton more. |
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private property as we knowing must basically dissapear. Things will be lended. Say you need whatever device to do whatever task, like record a movie or whatever, you ask for any free cameras and you get one sent, when you are done you send it back and some other person uses it.
Who sends you the camera? Who stores it? Who fixes it when it's broken? If two people want it at the same time, who decides who gets it? What happens to the person who "borrows" it and never sends it back? Statistics could get extracted in terms of "how many cameras are used and for how much time are they used, and how many of them get broken" and then manufacture under these %'s. These cameras are built by automated robots, which manufacture given the data input that I mentioned earlier. The wasted stuff aka unrepairable will be decomposed and the prime materials used again. In 1000 years the human imput to keep this cycle going will be peanuts. Who extracts these statistics? Who decides how much in terms of resources gets spent on digital cameras, smartphone cameras, video cameras, other types of cameras, and / or R&D on new types of cameras? Of course some sort of centralized (as in central or "Main", not closed source) computer having realtime date of worldwide resources. I don't see any other solution. The core of what dictates if something can be manufactured or not is judging by the dictatorship that is nature (nature is only true dictatorship, we must align to it, to whatever resources are available) and also to the well being of everyone. If what you are requesting, whatever that is, compromises the basic needs of a person a continent away, then you deal with it and not get said thing until this equilibrum of resources and global well being + your specific not basic need demand not compromising any of the former is meet. How do you plan to convince the world population to subjugate themselves to your centralized computer? They will naturally as they see it's just better. Of course you are free to live outside the civilized world. |
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Bitcoin hasn't been worth mining for ages. Of course when everyone gets told that it's not worth mining, well... somebody has to do the mining, for the coin to work, but basically whoever started first scallated on his mining business and now owns tons of hashing power, so whoever comes after that is just mining peanuts.
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How many new millionaires would pop outta nowhere if this happened? And how are we going to see even 1 million in our lifetimes?
I wish but my realistic big goal for the next 10 years or so is 10K. That would be pretty rad.
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It's pretty adictive, once I did a recount I realized I was lossing money and stopped. Of course I did it only a couple of times to test it out.
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PST has been one of the few good coins that didn't try too hard to be innovative with nothing but dumb gimmicks. Solid coin, solid developer, simple stuff and the most important part is this: being able to use the coin in actual goods. Of course the coin needs a bigger audience or it will die/get engulfed by Bitcoin just like 99.99% of altcoins.
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This is simply bitting yourself in your own foot because anyone with half a brain knows Monero and the dev team is legit and has a trusteable background in the crypto enviornment. I still think there is a considerable amount of Darkcoin bagholding up in this.
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Bitcoin (kind of obvious), then Monero, (also kind of obvious if you have a clue about the cryptomarket). This is a coin ready to takeoff from the dead end that is Darkcoin.
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The $15,000 / $20,000 bitcoin value will be reached in 2016, when the reward will be halved. You can check the countdown in this website: http://bitcoinclock.com/According to the site, the date will be: 2016-08-09 22:32:52 UTC (105 weeks, 3 days, 13 hours, 20 minutes) Exactly what poster above said. Everyone was like "yoo, Dogecoin to the moon when halving". Guess what happened. Of course, we can't really take altcoins as true evidence of what will happen, but at least altcoin wise, nothing changed. |
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This shits too scary for me. I always imagine something like this will be what ends with the human race, rather than some kind of mega war.
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I need you to ask Lady Shazam when we are hitting 10K so I can start daydreaming about retirement.
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Im gonna a bit conservative and say we are going to be seeing something a little bit above all time high as best case scenareo (conservative as in the 2000 winning one)
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Really fascinating. As a study in human "reality making". If you go back and read this guy's posts over the last couple of years, it is amazing how he had already made up his mind (years ago) about what "is true" about bitcoin. And no matter what data shows up over the years that actually conflict with his "truth" he can not accept it, and just keeps believing the same old story. We humans (I include myself in this) obviously mostly only let in data that matches what we already believe (when we are "certain") and only data which supports our current version of reality. It is hard to stay honest to facts, and be truly scientific - and impossible if you have already made up your mind and are "sure"  As of RIGHT NOW, 10K seem insane, utterly nuts, ludicrious, mentally disturbed to think about. I want to visit this thread in 10 years and prove myself wrong. This is the last chance for me to get some good luck going. Until them im gonna be racking as much BTC as possible. |
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Like I said before, about shit nothing. If in countries in Europe you can barely save any extra cash to risk on Bitcoin, the people that go from bill to bill literally, don't know about Bitcoin and even if they did, so what? they can't move money to Bitcoin because they do not have any money to move there in the first place. Guess who benefits? the same people as always, people that ALREADY has money, so they can hide their money on Bitcoin.
You really have to stop sobbing. You know something now, you can intervene to change the course of events for yourself. Live and let live. What do you mean I know nothing? I know people in argentina and I know they don't have any money. Tell me how Bitcoin helps them, when they can't have any Bitcoin in the first place. |
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private property as we knowing must basically dissapear. Things will be lended. Say you need whatever device to do whatever task, like record a movie or whatever, you ask for any free cameras and you get one sent, when you are done you send it back and some other person uses it.
Who sends you the camera? Who stores it? Who fixes it when it's broken? If two people want it at the same time, who decides who gets it? What happens to the person who "borrows" it and never sends it back? Statistics could get extracted in terms of "how many cameras are used and for how much time are they used, and how many of them get broken" and then manufacture under these %'s. These cameras are built by automated robots, which manufacture given the data input that I mentioned earlier. The wasted stuff aka unrepairable will be decomposed and the prime materials used again. In 1000 years the human imput to keep this cycle going will be peanuts. Who extracts these statistics? Who decides how much in terms of resources gets spent on digital cameras, smartphone cameras, video cameras, other types of cameras, and / or R&D on new types of cameras? Of course some sort of centralized (as in central or "Main", not closed source) computer having realtime date of worldwide resources. I don't see any other solution. The core of what dictates if something can be manufactured or not is judging by the dictatorship that is nature (nature is only true dictatorship, we must align to it, to whatever resources are available) and also to the well being of everyone. If what you are requesting, whatever that is, compromises the basic needs of a person a continent away, then you deal with it and not get said thing until this equilibrum of resources and global well being + your specific not basic need demand not compromising any of the former is meet. |
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IMO automatic updates are a good idea for the third party lightweight wallets, but not for the people running actual nodes (Bitcoin-QT) because of obvious reasons.
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-Chat (chatting to addresses so you can confirm the person is online and so on before sending a payment).
There's nothing inside the Bitcoin protocol that could enable chat in any way. You could use BitMessage, or maybe some 3rd party software that uses Bitcoin addresses as usernames, but since that would be centralized by nature, it would never be included in Bitcoin Core. P2P crypto chat is not possible within Bitcoin wallet? what is the tech being used by the wallets that have chats? couldn't they just add the same? |
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