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Author Topic: 21 millions bitcoiners  (Read 4342 times)
jonald_fyookball
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August 02, 2015, 12:24:56 AM
 #61


The problem is that only a handfull of people have bitcoin.  

I agree it is a problem from the aspect that there is an adoption chasm
where the innovators are buying bitcion but the massive wave of early adopters
hasn't started because they're not sufficiently incentivized to do so.

Still, I think adoption is creeping forward and will continue..
 
 

GODLIKE (OP)
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LOL what you looking at?


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August 02, 2015, 12:47:07 AM
 #62

BTC will be 50 cents or 5 cents

When?

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gentlemand
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August 02, 2015, 01:43:08 AM
 #63

BTC will be 50 cents or 5 cents

May I ask why? Just curious.
b-trading
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August 02, 2015, 04:52:47 PM
 #64

BTC will be 50 cents or 5 cents
when it will happen? And for what reason?
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August 02, 2015, 04:54:10 PM
 #65

BTC will be 50 cents or 5 cents
when it will happen? And for what reason?

Maybe he's selling off his lover's coins who so brutally spurned him.
Denker
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August 02, 2015, 08:43:12 PM
 #66

BTC will be 50 cents or 5 cents
when it will happen? And for what reason?

He's just trolling I guess. Sure no one can predict the future and many possibilities are imaginable. But Bitcoin going down to almost 0 seems very unlikely.
ransomer
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August 02, 2015, 08:47:18 PM
 #67

Remember if bitcoin becomes too expensive to use (eg. a satoshi is worth more than a cent) there can always be alternatives like litecoin for the cheaper transactions and bitcoin to store the wealth.

There's no "too expensive" term.
People will buy what they can.
Much, much probably, 21 millionth Bitcoin adopter won't be able to buy an entire Bitcoin anyway.

Yes. Perhaps "buying a bitcoin" will sound like "buying a Billion $" sounds to us now...
jztxeno
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August 02, 2015, 08:52:39 PM
 #68

BTC will be 50 cents or 5 cents
when it will happen? And for what reason?

Just speculation...
timothythomas
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August 02, 2015, 09:16:59 PM
 #69

there is so much going on with bitcoin no one really can predict anything at this point .... but only time will tell. there are chances of success but  there are chances that it can crash too but those chances are still small as bitcoin is being adopted by more n more people globally.
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August 03, 2015, 01:17:25 AM
 #70

not trolling,we can bet,but 21mln will be mined whan,in 2030,2040,and than what,who will keep blockchain

positive vs diffrent
positve outlook for price  rise,only for price rise,After legislation,whatfinally will come in both Europe and USA,read Digital Chamber,chinise will add legislations also,china business will accept btc,alibaba etc,price jump,only price

diffrent negative,if to send size bigger than 1 mb  transaction fees will increase,mor and more hard mining,lot of electricity,biggest mining companys are close  to shut down,finally only Chinise will stay
most of btc is  owned by limited number of people

Blockchain stress test failed,aftersixyearsi nlyread,it could be,could be,could be will be in future
now 40 % of merchant stop to accept btc
BTC did his work,on that newdevelopments willappear and finally btcwill be not cryptore servecurrency

and than who will mine,and keep btc alive
Why,go try to mine btc,than comeback and answer why

All people talk only about price,but price is related to value

 
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futureofbitcoin
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August 03, 2015, 01:33:42 AM
 #71

English please, pab. If you want to speak another language, there are sections in this forum for other languages.
xhoneyael
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August 03, 2015, 02:36:46 AM
 #72

English please, pab. If you want to speak another language, there are sections in this forum for other languages.
what english are you talking about? its written in english..

Marbit
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August 03, 2015, 02:50:55 AM
 #73

What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?

At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.

How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?

My wild guess is: 160000 $.

If we were to have 21 million bitcoin users, the prices will surely sky rocket, but I think that just means we begin trading more in Satoshis than using bitcoins as a regular trading unit.
I really look forward to such a day Smiley

Wild Guess: 10k$ per btc when the users reach 21 million.
johnyj
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August 03, 2015, 02:54:13 AM
 #74

There are many abolished paper currencies, they all have limited number, but only worth something in the eyes of currency collectors. If a currency is not in circulation, then its demand and value will be very limited

investspot
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August 03, 2015, 03:14:07 AM
 #75

What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?

At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.

How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?

My wild guess is: 160000 $.

Vow, I'm proud to be one of this 21 millions.
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August 03, 2015, 03:27:10 AM
 #76

What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?

At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.

How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?

My wild guess is: 160000 $.

If we were to have 21 million bitcoin users, the prices will surely sky rocket, but I think that just means we begin trading more in Satoshis than using bitcoins as a regular trading unit.
I really look forward to such a day Smiley

Wild Guess: 10k$ per btc when the users reach 21 million.

Most actual bitcoin users today can say that they own at least one bitcoin.
If we have 21 million users that can no longer be said. Several people own more than one bitcoin and there are lost coins.
21 million users should push the price well over $10,000 IMO. The fear of missing out will mutate into crazed hoarding. Many will refuse to sell, pushing prices/value even higher.  

talkbitcoin
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August 03, 2015, 03:34:55 AM
 #77

What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?

At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.

How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?

My wild guess is: 160000 $.

if the number of users grow that much we can think of much higher prices

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futureofbitcoin
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August 03, 2015, 03:36:01 AM
 #78

What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?

At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.

How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?

My wild guess is: 160000 $.

If we were to have 21 million bitcoin users, the prices will surely sky rocket, but I think that just means we begin trading more in Satoshis than using bitcoins as a regular trading unit.
I really look forward to such a day Smiley

Wild Guess: 10k$ per btc when the users reach 21 million.

Most actual bitcoin users today can say that they own at least one bitcoin.
If we have 21 million users that can no longer be said. Several people own more than one bitcoin and there are lost coins.
21 million users should push the price well over $10,000 IMO. The fear of missing out will mutate into crazed hoarding. Many will refuse to sell, pushing prices/value even higher.  
totally not true. Most bitcoiners own less than a bitcoin even now.

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August 03, 2015, 03:56:22 AM
 #79

What will be the value of one Bitcoin when the number of users (people that will want to use Bitcoin) will hit 21 millions?

At this point, if each user wanted to have 1 Bitcoin, will have to pay a certain number of $ or € or Y, whatever. I'm going with $ just because it's the most used around the world.

How many $ do you think that person, the n. 21 millionth, who wants to buy 1 BTC will have to pay to obtain it?

My wild guess is: 160000 $.

If we were to have 21 million bitcoin users, the prices will surely sky rocket, but I think that just means we begin trading more in Satoshis than using bitcoins as a regular trading unit.
I really look forward to such a day Smiley

Wild Guess: 10k$ per btc when the users reach 21 million.

Most actual bitcoin users today can say that they own at least one bitcoin.
If we have 21 million users that can no longer be said. Several people own more than one bitcoin and there are lost coins.
21 million users should push the price well over $10,000 IMO. The fear of missing out will mutate into crazed hoarding. Many will refuse to sell, pushing prices/value even higher.  
totally not true. Most bitcoiners own less than a bitcoin even now.



Hmm... it would be nice to be able to get some facts on this.
I think most bitcoiners would have at least 1 BTC, especially with 1 BTC being less than $300. Set aside some money every month, soon you would have a bitcoin.
You think most bitcoiners have less than 1.
I guess that will lead a debate to, who counts a bitcoiner? If someone only has a few bits they received on changetip, but they don't advocate or continue to accumulate, are they really a "bitcoiner"?

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August 03, 2015, 04:06:50 AM
 #80

Then all the bitcointalk members will be rich like Bill Gates.
I am dreaming of that day to come.  Grin
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