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Capitalism Prevails (OP)
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June 05, 2013, 05:40:28 AM
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I've read somewhere online it is estimated the entire quantity of money circulating globally is $30,000,000,000,000.  So if you divide that number by 21 million(bitcoins) you get $1,428,571.49.  Do you think Bitcoin will ever make it that far or will other currencies retain some demand no matter what?  I think the price of $10,000 is well within the ball park.
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June 05, 2013, 05:43:00 AM
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That IMHO is never going to happen.  I could possibly see BTC pushing 1000 USD, but higher than that, I really doubt it.
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