cryptocult live
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Activity: 37
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April 23, 2015, 08:29:41 AM |
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This is the speculation forum so lets speculate.
When the next big crash happens like the 2008 crash people will realize how much the current system is broken. They will go to bitcoin. 100 satoshi = 1$ by the year 2018.
Sorry to disappoint you but people will go 1st to the broker to open a shortposition on stocks and currency and second they will go see their bullion dealer BECAUSE THAT'S WHAT THEY KNOW. Not many will buy BTC in a crisis, most will run to gold. |
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BitmoreCoin
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April 23, 2015, 08:33:49 AM |
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If it does happen, I will keep thinking of all the transaction fees that I paid to get my transaction processed.  No worries. If it does happen, the transaction fees will be 0.00000001. If not enough, we can add more 0 in front. |
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Zoomer
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April 23, 2015, 08:40:46 AM |
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This is the speculation forum so lets speculate.
When the next big crash happens like the 2008 crash people will realize how much the current system is broken. They will go to bitcoin. 100 satoshi = 1$ by the year 2018.
Ok i speculate that we will never see 100 satoshi be worth $1 at current standards, however much this would be something i would like it just isn't happening and is on the extreme end of wishful thinking at best. When the next big crash happens which is many many years between and might even be the last we see in our lifetime if they keep pumping it with the funny money, anyway my point even if it did crash in our lifetime why would people choose something even less stable and something they have little to no idea about? Saying all that if people understood what the dollar was really worth it would indeed be worth close to what you describe but people don't want to or choose not to want to know the truth that it is barley worth the paper it is printed on. So until they do...... |
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samson
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April 23, 2015, 01:25:38 PM |
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This will never happen  |
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rjclarke2000
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Activity: 1358
Merit: 1016
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April 23, 2015, 10:39:34 PM |
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This is the speculation forum so lets speculate.
When the next big crash happens like the 2008 crash people will realize how much the current system is broken. They will go to bitcoin. 100 satoshi = 1$ by the year 2018.
Sorry to disappoint you but people will go 1st to the broker to open a shortposition on stocks and currency and second they will go see their bullion dealer BECAUSE THAT'S WHAT THEY KNOW. Not many will buy BTC in a crisis, most will run to gold. Wise to hold both. I hold Precious metals and Bitcoin. |
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chaoman (OP)
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April 23, 2015, 11:59:31 PM |
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Snapchat went for billions. Bitcoin is around 3 billion. The pump is yet to happen.
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lexuz
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April 24, 2015, 12:37:57 AM |
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I think is imposible 100satoshi = $1. Because now is easy earn bitcoin
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ajw7989
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Activity: 924
Merit: 1000
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April 24, 2015, 02:03:06 AM |
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I highly doubt this will ever occur but definitely not anytime soon.
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BitmoreCoin
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April 24, 2015, 08:41:26 AM |
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I think is imposible 100satoshi = $1. Because now is easy earn bitcoin
If 10% of world population want to own 1 bitcoin, it will be $1m. But it will not happen soon. |
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Icardi09
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April 24, 2015, 12:05:55 PM |
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if economic crisis happen, people would go to precious metal like gold
gold price will skyrocket if economic crisis happen
bitcoin will get attention from people if many people think bitcoin is safe haven for their wealth
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minerpumpkin
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April 24, 2015, 05:28:50 PM |
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Snapchat went for billions. Bitcoin is around 3 billion. The pump is yet to happen.
The question is whether Snapchat was paid for with FIAT money or whether they actually used stock shares, or whatever. The market capitalization of Bitcoin (and other assets) says nothing about the total amount of money that actually went into the asset! There haven't been $3b invested into Bitcoin - which is a good thing if you want higher prices. This means that we would be no where near the top! |
I should have gotten into Bitcoin back in 1992...
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randy8777
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April 24, 2015, 05:45:58 PM |
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Snapchat went for billions. Bitcoin is around 3 billion. The pump is yet to happen.
The question is whether Snapchat was paid for with FIAT money or whether they actually used stock shares, or whatever. The market capitalization of Bitcoin (and other assets) says nothing about the total amount of money that actually went into the asset! There haven't been $3b invested into Bitcoin - which is a good thing if you want higher prices. This means that we would be no where near the top! i think 50% fiat and 50% not direct sellable shares. bitcoin as a whole should be valued much and much higher. especially if you look at the possibilities of bitcoin. |
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TQMA
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Activity: 59
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Bitcoin is the currency of resistance.
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April 24, 2015, 06:01:30 PM |
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A long time ago: 1 bitcoin for 1/10/100/1000 dollar was too IMPOSSIBLE, so said people..  |
R e m e m b e r , b e b i t c o i n e r .
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gentlemand
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Welt Am Draht
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April 24, 2015, 06:25:01 PM |
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A long time ago: 1 bitcoin for 1/10/100/1000 dollar was too IMPOSSIBLE, so said people.. Reaching a market cap of a tens/hundreds of millions/ low billions is a comparative piece of piss. There's room in the world for that to happen thousands of times over. If you're aiming for a trillion or more there'll be a whole planet to convince. |
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Omikifuse
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April 24, 2015, 06:50:22 PM |
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Dunno, but if we can convince 100M people to use BTC we will have some good profit
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Biodom
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April 24, 2015, 06:53:45 PM |
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I think is imposible 100satoshi = $1. Because now is easy earn bitcoin
If 10% of world population want to own 1 bitcoin, it will be $1m. But it will not happen soon. Less than 0.3% of earth population can EVER have 1 bitcoin (on a long term basis). |
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ipbo
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April 24, 2015, 06:57:30 PM |
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Time will decide when will it be happened. Hoping one day for a shooting stars for bitcoins.
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chaoman (OP)
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April 24, 2015, 06:58:08 PM |
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impossible  thats what they said about going to the moon. or bitcoin reaching 1$ LOL |
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Inotanewbie
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April 24, 2015, 06:58:18 PM |
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This is the speculation forum so lets speculate.
When the next big crash happens like the 2008 crash people will realize how much the current system is broken. They will go to bitcoin. 100 satoshi = 1$ by the year 2018.
There will only be a 'big' crash when the powers that be want a big crash and who is to say we will even be alive for the next who is to say the next is not the end of life as we know it so it would not matter about bitcoin it would be back to the gold standard which is really the best system and has proven so for 100'- 1000's of years. Lets just say that people do want to and are allowed to leave fiat, the price could be 100sats to $1 it could even be 10sat to $1 i guess it all depends how inflated the dollar gets but judging by current standards it will be no where near these predictions and as said who is to say they will let another crash happen. No to 100sat to $1 in most scenarios |
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