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61  Economy / Economics / Re: How much will bitcoin be worth in 5-10 years? on: November 18, 2013, 09:20:41 PM
Satoshis donation are welcome on my own adress below because I believe in satoshi  Wink Wink

Well said. So do I. Smiley
62  Bitcoin / Bitcoin Discussion / Re: Bitcoin at the US Senate on: November 18, 2013, 08:55:58 PM
Do you wan't to know what I as a foreign 'hear' a lot?

"criminals"
"terorrists"
"money laundry"
"computer crime"

and once even

"child pornography"

To me it seems the undertone of that conversation is to associate 'bad things' with 'digital currencies'.

How far is this TV program spread accross the US? Do many people tend to watch this?
63  Bitcoin / Bitcoin Discussion / Re: Bitcoin at the US Senate on: November 18, 2013, 08:36:41 PM
Could someone of you native English speakers sum up the speech for the ones not able to understand any word they say as he/she is not _that_ good at English at that level? Thank you sooo much!

There should be a text transcript of the hearing available after...  Will look for a link for that for you.

Great! Thanks in advance!
64  Bitcoin / Bitcoin Discussion / Re: Bitcoin at the US Senate on: November 18, 2013, 08:30:29 PM
Could someone of you native English speakers sum up the speech for the ones not able to understand any word they say as he/she is not _that_ good at English at that level? Thank you sooo much!
65  Other / Beginners & Help / Re: Stupid assumption about future worth of Bitcoin? on: November 18, 2013, 08:24:22 PM
After some reading I did over the past month I *optimistically assume for myself* that the price will not be higher than a maximum of $ 3,000 per coin where this amount will not be stable. I assume it to raise this high until say around 2015 and then drop by 33% to finally stay at $ 2,000. That's my guess.
66  Economy / Economics / Re: How much will bitcoin be worth in 5-10 years? on: November 18, 2013, 01:48:15 PM
The answer is what will be worth a satoshi : possibly a dollar

No more BTC but international trade in satoshi for online business



I recently read a discussion that if a Satoshi would be worth $1 the sum of all Bitcoins would be 5 times the sum of all world currencies altogether - so I doubt that the price will rise that high.


Satoshi will never be that worth

That's what I said. Smiley
67  Economy / Economics / Re: How much will bitcoin be worth in 5-10 years? on: November 18, 2013, 09:58:35 AM
The answer is what will be worth a satoshi : possibly a dollar

No more BTC but international trade in satoshi for online business



I recently read a discussion that if a Satoshi would be worth $1 the sum of all Bitcoins would be 5 times the sum of all world currencies altogether - so I doubt that the price will rise that high.
68  Other / Beginners & Help / Re: Is it safe to tell your bitcoin adress to someone? on: November 17, 2013, 06:09:27 PM
By giving your Bitcoin address you giving possibility to track your other bitcoin addresses from your wallet, because when you send coins the transaction might include your other bitcoin addresses from your wallet



I don't really get what's the problem with that. It's like reveiling just another address, isn't it? This should just be a problem for anonymity or do I get something wrong?
69  Other / Beginners & Help / Re: Stupid assumption about future worth of Bitcoin? on: November 16, 2013, 11:40:35 PM
I often ask myself where thes price will settle around when the 'system is done and stable'. If a look at todays' price of say around $ 400 per Bitcoin the whole sum of 21 million coins isn't that much. Thus, I speculate, the price will rise for Bitcoin to be able to buy something really big. I mean, if you would try to buy ie. a huge company by Bitcoin it would just allow for exactly on deal. All coins would be needed for that one deal.

The things I currently cannot get are ie.

- What is the Bitcoin way of the "goods that relate to a money supply"? From what I know about money I think (correct me) that money supply should have a relation to the goods available. If the relation is messed up, the "money is messed up".

- How will Bitcoin work (and the acceptance of it) when one has to pay a $10 transaction fee one day?

- How will I be able to send $0.30 in 5 years when the value rises even more?

There are so many questions I come accross...
70  Other / Beginners & Help / Re: Stupid assumption about future worth of Bitcoin? on: November 16, 2013, 11:22:52 PM
Past performance is not a guarantee of future success.

Still if something is worth $0.02 today then it is worth $0.02 today.  Instead of wasting your time of pennies IF (and not saying it will happen) price rises 10,000x wouldn't it be smarter to just buy say $20 worth of Bitcoins and hold them.   Same increase on 1000x as many coins.

Hey,

I did buy already. I was just curious to know if these - as you say - pennies given away today could buy your new fridge in a couple of years. I always remember the "pizza thing" which was in one way very good (acceptance of Bitcoin for something from the real-world) but a desaster in the sense of investment.

71  Other / Beginners & Help / Stupid assumption about future worth of Bitcoin? on: November 16, 2013, 11:10:52 PM
Hi there,

I'm pretty new to Bitcoin and do not own much. However, I have an assumtion that I don't know is stupid or not. The following numbers are not by far accurate but I hope they deliver the outlines of what I mean:

Given there was a time I could buy

     10,000 Bitcoins for $10

and I project these numbers onto todays values where

     1/10,000th of the former sum is worth 40 times the value

which equals

     1 Bitcoin is worth $400

is is stupid to assume today that the satoshis that I gather from ie. freebitco.in will in - say 3 years - be also multiplied by the worth of 10,000? Meaning: if I click a week through this Web site and earn 0.00005000 what will be worth $0.02 today - is there a chance that these will be worth $ 200 in 3 years?

I know that I cannot calculate with the exact same growth but I'm interested in the general expectations that maybe you have...
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