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Author Topic: This is why bitcoin will go up X5-X10 more  (Read 2960 times)
traderCJ
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November 30, 2013, 09:26:48 AM
 #21


The 10K pizza guy is mentioned a lot.

Because thinking that you digested what 99.99% of people on earth will be unable to earn in their lifetime must be maddening if you don't control your greed Smiley

It is not completely true that this started btc economy, but it sure was one of the very highly referred to transactions. Thing is, this is not a million dollar pizza, it actually was a (still overpriced) $42 pizza. Value of something makes sense only at one point in time; it is a completely different object at a different time, you can't compare 10k btc from 2009 with 10k btc in 2013 - they are completely different things, one of which has been held tight through numerous hacks, rallies and crashes, hard drive failures and so on, so naturally they have much more value than 2009 coins - these were some rough times.

Indeed.  The more battle-hardened the concept is, the more valuable it will be.  People complain about how hard it is to use, how it has such a small chance of really "making it", low adoption rate, etc.  The truth is, if it had all of those things, you wouldn't be able to afford a mB let alone a full Bitcoin.
Le Happy Merchant
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November 30, 2013, 09:29:21 AM
 #22

Bought some stuff as well, also not sorry, but you can't help but go: "Wow, that bike I bought is now a 80000$ bike" ^^

On the other hand, if you ever sell anything for Bitcoin you can't help but go: "Holy shit, I sold that bike for $80000"

I got tipped 0.17BTC for teaching somebody on here the alphabet in numeric format. At the time it was ~$5.

lethe
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November 30, 2013, 10:20:27 AM
 #23

I have two $1300 Raspberry Pis Cheesy

Ha, I can top that with my $5600 Raspberry Pi :|
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