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1  Economy / Speculation / If Dow Jones falls 80%, bitcoin will fall 99% ? on: April 13, 2022, 07:27:51 PM
It is remarkable that during all these 13 bitcoin years (2009-2021) we have witnessed no big stock market crash - the fiat money mass has only increased and increased.

During this period there have been no years like 1929 or even 2008. But when the last remarkable stock market fall emerged (in March 2020), bitcoin fell much more than major stock indexes...

How sharply will bitcoin price react to the next Big Crash ?
2  Bitcoin / Bitcoin Discussion / Happy 13th Birthday, Bitcoin. You are a teenager now! on: January 03, 2022, 12:01:09 AM
For this important milestone you have achieved many things...

You have more than 100 million owners.

You are a legal tender of a country (El Salvador).

90% of Americans have heard about you.

Your market cap is around one trillion USD (it is close to the biggest companies and only 10 times less than the market cap of gold).   

Your price has increased about 50 million times (from 0.001 USD to 50 000 USD). 


Not bad for this short time period (3 January 2009 - 3 January 2022).
3  Economy / Economics / How far is bitcoin from full adoption (100% mass adoption)? on: December 18, 2021, 03:20:27 PM
 Please answer, how do you feel about it...
4  Other / Off-topic / I have a dream - free bitcoin lottery with 1 million BTC prize on: December 05, 2021, 07:20:26 AM
I imagine that there will be a lottery that costs nothing to participants and makes the winner the (first) real bitcoin millionaire, the richest man of the world. Not one of the richest, but the richest one with no doubt.

The idea of this lotto is basically the same as https://freebitco.in/ : every entry will give some free satoshis and participants can play a Multyply-BTC lottery with these satoshis.
Only the maximum prize of the lottery will be 1 million bitcoins (contrary to only 20 bitcoins as in https://freebitco.in/ today). The probability of winning this huge prize will be about 1: 100 000 000 000 000 per entry.

Nowadays the biggest fiat lottery prizes are about one billion dollars. This bitcoin lottery will give out 50 billion dollars in nowadays BTC/USD exchange rate. But if the bitcoin will become the world first currency then the prize in fiat can exceed even one trillion dollars or TEN THOUSAND TONS OF PAPER FIAT (one 100usd bill weights 1 gram) - the winning amount that is worth its name !

The source of the prize money can be donation or advertisement incomes. As there are no bitcoin millionaires now then the number of donation-makers has to be more than 1.

I bet this project is worth the life work (in Estonian: see ettevõtmine on väärt elutööd).
5  Other / Off-topic / the KEYWORD game: turn your valuable keyword into money on: November 30, 2021, 10:09:41 AM
As we know some words are very valuable in proper place and time. For example, the keyword BITCOIN was worth millions in 2009-2010.
But it is very difficult to directly sell such valuable keywords.

Therefore I suggest the following game...
If you have such potentially valuable keyword (or -phrase), then please write it here and add the address where we can donate to you crypto.
6  Economy / Speculation / Bitcoin price: with 12 years from nothing to maturity on: October 31, 2021, 07:20:47 AM
It is interesting to look at this zodiac circle:

31.10.2009 0.001 usd
31.10.2010 0.20 usd (+ 200 times), Tiger, red
31.10.2011 3.19 usd (+ 15.95 times), Rabbit, green
31.10.2012 11.20 usd (+ 3.51 times), Dragon, yellow
31.10.2013 216.00 usd (+ 19.29 times), Snake, blue
31.10.2014 348.67 usd (+ 1.61 times), Horse, black
31.10.2015 311.24 usd (+ 0.89 times), Sheep, white
31.10.2016 686.24 usd (+ 2.20 times), Monkey, grey
31.10.2017 5734.00 usd (+ 8.36 times), Rooster, brown
31.10.2018 6309.11 usd (+ 1.10 times), Dog, purple
31.10.2019 9550.60 usd (+ 1.51 times), Pig, pink
31.10.2020 13803.41 usd (+ 1.45 times), Rat, orange
31.10.2021 61343.90 usd (+ 4.44 times), Ox, beige.

Every year is unique, and they together form almost eight orders of magnitude (100 000 000 times) increases (+4.5 times or +350% per year, on average). The maximum rise potential from 0.001 usd is ca nine orders of magnitude (1 000 000 000 times) in nowadays purchasing power because there is no more money in the world  Kiss

I think, one thing is sure:
Bitcoin price has no potential to rise more than approximately one order of magnitude (10  times). The maximum price can not significantly exceed 1 000 000 dollars per bitcoin in nowadays purchasing power even with best scenario (mass adoption, becoming the currency of the world). We can say that bitcoin price has achieved (almost) full maturity in just 12 years - eight from nine orders of magnitude.
This means that there will be no price gain per year comparable to 2020-2021 (or the 2009-2021 average) without huge price crash - no room for 300% or higher price rises per year (in nowadays purchasing power) from present level.
7  Alternate cryptocurrencies / Altcoin Discussion / Really small cap (less than 10M usd) altcoin faucets on: September 26, 2021, 07:10:25 AM
Hi!

I am looking for these small-cap-altcoin-faucets.

I have found one: https://stakecube.net/app/community/faucets
(10+ small cap altcoin faucets)

But I quess somewhere are tens or houndreds of them...

Jaanus
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