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beckspace (OP)
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August 16, 2012, 09:00:39 PM |
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In other words: Will Bitcoin get almost daily coverage on bloomberg someday? I'm tired of hearing about dollars, euros, pounds, gold, bonds, bailouts and nothing about the greatest financial invention of our times.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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waspoza
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August 16, 2012, 09:06:15 PM |
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Im not sure if bitcoin is ready for mainstream. Default client is certainly not.
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ElectricMucus
Legendary
 Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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August 16, 2012, 09:18:55 PM |
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If by mainstream media you mean thing like the major news outlets and tv networks: Never, and I am certain of that. But they stopped being the "main" stream a while ago  |
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dissipate
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August 16, 2012, 09:30:50 PM |
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Im not sure if bitcoin is ready for mainstream. Default client is certainly not.
Default client (Satoshi client) will never be ready for mainstream if it includes a full blockchain download. I predict that if Bitcoin ever goes mainstream it will be through some cloud wallet service like coinbase.com. Then, the only clients that might go mainstream will be 'light' clients like Electrum. People's attention spans these days are extremely short. A relatively few number of people will want to sit and wait for the blockchain to download. |
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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August 16, 2012, 10:00:18 PM |
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For a 1% of the world M1 money supply one needs a price of approximately USD 10,000 to 1 BTC so I would say none of the above. I would suspect BTC would be quoted on Bloomberg on a regular basis once it reaches say USD 50,000 to USD 100,000 to 1 BTC. Provide options such as USD 5000, USD 10000, USD 50000 and USD 100000 and then I will vote in this poll.
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beckspace (OP)
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August 16, 2012, 11:58:50 PM |
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You have a point. Indeed mainstream media may only talk about something really meaningful percentage wise of the world M1 money supply.
This may take a while.
Options added.
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ArticMine
Legendary
Offline
Activity: 2282
Merit: 1050
Monero Core Team
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August 17, 2012, 12:46:48 AM |
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Thank you. I voted 50,000 USD per BTC which for 21 million BTC would translate into 1.05 trillion USD or roughly 5% of world M1.
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Bjork
Sr. Member
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Activity: 457
Merit: 250
Look for the bear necessities!!
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August 17, 2012, 08:57:50 AM |
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As an American, I find your use of commas confusing.
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bitcon
Legendary
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Activity: 2212
Merit: 1008
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August 17, 2012, 09:05:28 AM |
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Im not sure if bitcoin is ready for mainstream. Default client is certainly not.
Default client (Satoshi client) will never be ready for mainstream if it includes a full blockchain download. I predict that if Bitcoin ever goes mainstream it will be through some cloud wallet service like coinbase.com. Then, the only clients that might go mainstream will be 'light' clients like Electrum. People's attention spans these days are extremely short. A relatively few number of people will want to sit and wait for the blockchain to download. i let the chain download while im asleep |
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Poll
