If Bitcoin turned into a mainstream currency, used by most major businesses, the price would be astronomical. 10k, 100k, 1m, any price wouldn't surprise me.
dream dream dream the open question is how the price jumps from 300 EUR / BTC to 300000 EUR / BTC - how does the trading mechanic work ??
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Only highest $500 in 2014.
any body can make any guesses - 500 .. 800 .. 1300 whatsoever The interesting part would be a small analysis, new information or at least some comment about it
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$1000 early 2014.
Where is that kind of amount of money going to come from, in such a short period of time? When the money does not come from direct investors (speculators) it will be the circulation that will produce more value. (hopefulle )
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The current adoption speed is much faster than anything the world has seen before. The real question is not if it will go mainstream finally but more how the lifecycle of Bitcoin looks like. What will happen after 30 to 50 years when other positions take over the role of Bitcoin ?
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Ps. A trivia,I was going to use if you continued you're nonsense: Right now there are more people undergoing a sex change than people using bitcoin. Nice reply - you continue your unsubstantiated unfriendly talk starting with: "It doesn't fu*** matter" Hope you got your lesson.
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Next year, correction is underway and I am guessing it won't go up until the price is stable again..
Correction for what ? It is clear that the course cannot rise with drawbacks. But the fundamental model is that safe that only real correction will go beyond 10kUSD. Anything else are just small oscillations around the surging value. 10k USD? You're a madly optimistic man. Maybe - maybe not - check my other posting: https://bitcointalk.org/index.php?topic=328845.msg3542247#msg3542247
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Most of those really become , bitcoin has all the time to become on too but until that, as I said before , it's 149 950 000 uses/day short of it My friend - you miss the fact by magnitude. People are tired of paying debts, credit card fees and work for a completely corrupt finance industry - criminals in suits - believe me I know what I am talking about probably much better than you. For Bitcoins it means - as soon as the 'normal' people start to trust in Bitcoin you can forget VISA, WU, PP etc - they will be gone. That is no question of numbers anymore. For everything else refer to the WWW growth and shorten it to 10 years - the first 5 are gone already.
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@niothor You are not very friendly. And your stories sound very childish. Anyways I will give you some examples for comparable mass adoptions (means forget your numbers): - Internet In 1982, the Internet protocol suite (TCP/IP) was standardized (some expereiments before as ARPANET). Internet's takeover of the global communication landscape was almost instant in historical terms: it only communicated 1% of the information flowing through two-way telecommunications networks in the year 1993, already 51% by 2000, and more than 97% of the telecommunicated information by 2007DATE_____ | NUMBER OF USERS | % WORLD POPULATION | Dec, 1995 | 16 millions | 0.4 % | Mar, 2000 | 304 millions | 5.0 % | Dec, 2005 | 1,018 millions | 15.7 % | Sep, 2010 | 1,971 millions | 28.8 % | Mar, 2013 | 2,749 millions | 38.8 % |
- Web On 6 August 1991, Berners-Lee posted a short summary of the World Wide Web project on the alt.hypertext newsgroup. Currently with nearly 1/2 billion websites and at a growth rate of nearly 5% per month futurepredictions.com estimates nearly 1 billion active websites by the end of 2012. (ref: How big is the Internet? - mobile phone From 1990 to 2011, worldwide mobile phone subscriptions grew from 12.4 million to over 6 billion, penetrating about 87% of the global population and reaching the bottom of the economic pyramid. - SMS The first SMS text message was sent from a computer to a mobile phone in 1992 in the UK, while the first person-to-person SMS from phone to phone was sent in Finland in 1993.
The first mobile news service, delivered via SMS, was launched in Finland in 2000, and subsequently many organizations provided "on-demand" and "instant" news services by SMS.
SMS is the most widely used data application, with an estimated 3.5 billion active users, or about 80% of all mobile phone subscribers at the end of 2010. - google The domain name for Google was registered on September 15, 1997 In January 2013, Google announced it had earned $50 billion in annual revenue for the year of 2012. To understand for little children - just take the diagram of hostnames - it may represent what Bitcoin will going to very good. Only a fool cannot see where this is going to. And remember IBMs reply to micro computers and PCs - that was the reason for Microsoft incredible rise.
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From my side this thread is done. I suggest to close and continue in one of the "when will Bitcoin hit the 1000$" cap threads.
? how can I switch off this thread in my lists ?
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Next year, correction is underway and I am guessing it won't go up until the price is stable again..
Correction for what ? It is clear that the course cannot rise with drawbacks. But the fundamental model is that safe that only real correction will go beyond 10kUSD. Anything else are just small oscillations around the surging value.
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I think we should change this to the BTC>Gold party
That will be after bitcoin $1,000 , no problem about that Great - BTC>Gold would be a very good event. My support. And my suggestion for Bangkok for that.
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Edit: Just found this one: VisaNet authorizes, clears and settles an average of 150 million transactions per day in 200 countries and territories. So , 3000:1.
Keep in mind what VISA really is: - in the market since 1970 - at the stock market since 2008 - a first hint on their operational model is in http://de.wikipedia.org/wiki/Visa_Inc.#Einzelnachweise under "How Visa operates. In: Forbes. 25. Februar 2008, abgerufen am 9. Juni 2011" -- this link has been invalidated - the next hint is here: This is how visa worksFrom this one may take two lessons: 1. Bitcoin is by dimension faster than VISA 2. Bitcoin does not need to do filthy things to undermine people - its freedom and small fees From point 2 we all can expect massive attacks of VISA against BTC. It doesn't fu*** matter They could be around from 1601. The fact is that the number of trasactions is 3000:1. The thread was "Is Bitcoin entering the mainstream FINALLY? " The answer is NO. If the question was "Will Bitcoin entering the mainstream FINALLY? " Then all that you have said would mean anything. Yes it matters a lot. And the answer is "Yes BTC is short before being mainstream already". Your reply is little bit strange - " It doesn't fu*** matter" - I hope you are not one of the nasty VISA guys. If I would work for VISA I would look out for a new job right now before the problem becomes evident. Since Bitcoin started in 2009 it has grown over 30000% in only four years. And this is just the beginning. When the market flips, what happened often in history, then WU PP VISA and some other companies making lots of money with nothing will disappear or at least shrink to where they ought to be.
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Edit: Just found this one: VisaNet authorizes, clears and settles an average of 150 million transactions per day in 200 countries and territories. So , 3000:1.
Keep in mind what VISA really is: - in the market since 1970 - at the stock market since 2008 - a first hint on their operational model is in http://de.wikipedia.org/wiki/Visa_Inc.#Einzelnachweise under "How Visa operates. In: Forbes. 25. Februar 2008, abgerufen am 9. Juni 2011" -- this link has been invalidated - the next hint is here: This is how visa worksFrom this one may take two lessons: 1. Bitcoin is by dimension faster than VISA 2. Bitcoin does not need to do filthy things to undermine people - its freedom and small fees From point 2 we all can expect massive attacks of VISA against BTC.
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there is only one real thread to Bitcoin - another technology is thrown into the market that the majority of Bitcoiners adopt in a short time because it is supported aggressively by many countries at the same time. But if they do then they can also declare Bitcoin as their currency - very unlikely.
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who in their right mind wouldnt sell at 500-600USD when they were bought at under 300USD even??
Many because all of them expect more. the more people holding coins and not doing transactions make value go down,
wrong - the more coins are off the market the more the price goes up Spend them damn coins people if you want prices to climb.
true and false - basically it is very true that the market must adopt Bitcoin to be successful. But wrong because for the deflation phase it will be enough for Bitcoin to gain investors.
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Bangkok is really a nice place - Lebua state tower is one possibility. But there are so many in this great city: http://www.bangkok.com/top10-rooftop-bars.htmhttp://www.bangkok.com/top-10-bangkok-dining.htmSuggest a 1000 EUR party in Bangkok after the 1000 USD party as soon as BTC is stable over that level for 1 month or so. Program could be: - meetup up and welcome time and coffee - dinner with presentation of different entrepreneurs - relaxation in a roof top bar with smalltalk - party night in a rented club Big advantage - Bangkok is very near to China, India and all other Asian countries which are going to drive the world economy of the near future. sure, that hotel is just for the base... bkk is massivly fun, we would not stay in once spot for sure... yes true - but there should be some kind of organized start
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Bangkok is really a nice place - Lebua state tower is one possibility. But there are so many in this great city: http://www.bangkok.com/top10-rooftop-bars.htmhttp://www.bangkok.com/top-10-bangkok-dining.htmSuggest a 1000 EUR party in Bangkok after the 1000 USD party as soon as BTC is stable over that level for 1 month or so. Program could be: - meetup up and welcome time and coffee - dinner with presentation of different entrepreneurs - relaxation in a roof top bar with smalltalk - party night in a rented club Big advantage - Bangkok is very near to China, India and all other Asian countries which are going to drive the world economy of the near future.
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