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It's some of these silly semantic conventions we have.
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You can't actually use alt coins. They are for purely giving money to the next guy that promotes his alt enough to get rich.
Some alts are legit, but thats tre most of the alts are just money making schemes. |
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Well, last night's low was $208. Around $220-$225 now.
As I point out occasionally, the two Bitcoin bubbles were driven by external illegal use cases - Silk Road drugs, and China exchange controls evasion. Both of those holes have now been plugged. Without a new use case that provides a similar boost, there's no reason for Bitcoin to have a value much higher than it had before the Silk Road bubble.
We'll have a very long period at 120-220 territory imo. |
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Maybe im reading your post wrong but it sounds like your thinking bitcoin will take over as the no1 world currency which i dont think will ever happen.
There is already companies like bitcoinjam were users can borrow BTC and pay back with interest, so in effect they are in debt until the BTC plus intrest is paid back.
You are right though, the whole world runs off an ever increasing debt level.
Before anything like this could work, whoever wants to borrow or get bailed out via btc would need he people their in debt with accept bitcoin.
It is still an interesting idea, i would like to hear more,
And how do they force people to pack back? do they ask for private information i guess? like ID and whatnot. |
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Peter Schiff suffers from the same condition Warren Buffet suffers from, which consists on not being able to see whats going on beyond fiat, metals and regular stocks: Being old as fuck.
A lot of the mainstream economists were derided when they were warning about BTC last year. Turns out they were correct and anyone who ignored them lost a lot of their wealth. Schiff may be wrong but there is a tendency to deride anyone who has a negative view. Sure thing Bitcoin was inflated, but they dont say that, they basically say Bitcoin is doomed in the long run. |
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This is 2015. Anyone can ban any website and anyone with half a brain can figure a way to access whatever website they want to. Politics-R-dum
Dont be that sure tho, most people dont know what a proxy is actually. |
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If Selena Gomez said so then so be it, she has more money than all of us here combined :p
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There are slaves, free men and masters like allways in human history just in earlier ages there were more free folks than now.
Are you serious? In early ages everyone was literally a slave, at least nowadays you can have some sort of sense of freedom if you have a deecnt wage. |
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Finally. They've been using nothing but idiots, now we'll have a legitimate bitcoin connoseur, looking forward to see what happens.
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Bitcoin is being boycotted as we speak, the price is being pushed down, someone is slow-buying cheap coins.
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All these huge ass brands getting on bitcoin and the marketcap still so low, its obvious they are keeping it down in purpose.
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There are two classes, the ones that have to re-check their wallets and accounts before the month ends and the ones that don't.
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Dollar is here to stay. The entire world economy depends on it and its the refuge everyone takes in times of crisis.
BTC was supposed to be superior but everybody can not wait to rush into dollars at any sign of trouble.
In our lifetime we may have to deal with the fact the dollar will be strong enough to survive for at least 50 to 100 years. |
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And incidentally, boycotters tend to be the boat missers.
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The masses will only do what they think is right based on what they see in the mass media. Back to square one.
Social media can influence opinions as well. It would be very, very difficult for governments to gag social media. It's all about getting bitcoin trendy in twitter, its all we need to get it mainstream as hell. |
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I like the subject. It's smart to attract people. In the same time it creates ilusion that bitcoin is not for ordinary people, like complicate rocket science thing. Bitcoin is not going to moon and not in the space. That's what I think.
We need to make more accessible to people, people is generally dumb and dont care beyond 2 clicks. |
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It's amazing how this guy seems to consistently forget to delete his traces. From his email being public, to all those transactions via clearnet, without mixing coins...
It's amazing he did it this far.
PS: I'm not defending him. Neither condoning him.
Yeah its not bitcoins fault, if you really want to use bitcoin and stay anonymous you need to be anonymous in essence, also i would use monero and not bitcoin anyway. |
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nah we already hit the floor bro.
Market still sliding, I don't think predictions of $200- are too unreasonable. Yup, but OP seems to be convinced to wait near the 100's territory. Too risky imo. |
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$35
Temporarily going under $100 is possible, but going under $50 doesn't seem too likely.
$3,500?
A juicy target for the next big high is ~$3,400 to $4,000, but getting over $3,000 will be a stretch.
How about both?
Given the history of extremes with BTC prices, it is possible we will see both $35 and $3,500 within ~36 to 48 months.
The future will be amazing!
Which is more likely for Bitcoin prices within 24 months:
$35 or $3,500?
I like your range of action, very realistic. 35 could happen in a super crash, I dont see it happening, 3500 is more likely, old money is gonna start dropping by after the NYSE and NASDAQ exchanges kick in. |
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At the moment its dollar and it will continue to be due the rigging of the system. If they can rig the system to make it be flat line (or at least perceived flat line by the common folk when they do groceries) they will still be #1.
For Bitcoin to reach that level we need mass adoption + a lot of years into the future when the emission of mined BTC is really slow.
The dollar is the best world money now, but traders decide, and that decision can change quickly. Traders aren't everything. If Mr Rothchild and friends are under severe danger if the dollar collapses, do you think they will let it happen? the super elite is not going to sit down and relax as "traders" decide to collapse dollar and adopt bitcoin or god knows what will happen. If folks want some type of money, they use it, and the dominators can do nothing. But you would need insane amounts of adoption for the so called dominators to give up and join Bitcoin themselves (which would be good because It would only make the price higher). |
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