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1  Other / Beginners & Help / Re: When will BTC be worth $100,000 per BTC??? on: November 25, 2013, 07:58:25 AM
The only way it'll ever get to be that high is if the main denominations become the fractions of bitcoin rather than the whole over time, like mBTC and uBTC. Most business shares for instance never wind up being worth a ton - they split the share once it gets to be worth an inconveniently high amount.
2  Other / Beginners & Help / Hi everyone on: November 25, 2013, 07:45:35 AM
Have been aware of bitcoin since it was under $1 but never bought any (d'oh!), been especially following it since early this year, mostly on Reddit, and am fascinated a lot with it.

I buy and sell domain names, have been doing that for a decade and in a way it's similar as it's an intangible item, but obviously different in that domain names are not used as currency. Still, have sold some domain names for 30,000% profit over the years and it's interesting to see something else come about that's similarly brought some amazing returns to people.

I do think bitcoin can have a future. I'm not entirely sold that it absolutely will have a future, as it's still been highly unstable and the propensity for fraud with irreversible transactions is going to make it harder for consumers to adopt over using credit cards they can chargeback with. Still, looking at it with an open mind and am open to selling domain names for bitcoin as well. On top of it, there's a chance that my stepfather who is involved with a business that is trying to establish their own Swiss bank may be interested in developing a debit card for bitcoin...we'll see what develops.

So yea, hi everyone. Smiley
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