Arriemoller
Legendary
 Offline
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
|
 |
April 17, 2014, 04:55:59 AM |
|
Does this mean that I am the first to identify a pattern? If so, I wish it to henceforth be known as "the Möller pattern". You may omit the dots if your keyboard is english.  |
Demokrati: Två vargar och ett lamm röstar om lunchmenyn. Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen. Freedom: A well armed lamb opposes the outcome.
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
|
|
April 17, 2014, 05:01:41 AM |
|
Does this mean that I am the first to identify a pattern? If so, I wish it to henceforth be known as "the Möller pattern". You may omit the dots if your keyboard is english. Enjoy your 15 minutes of fame, Möller (hey that was cool, my iPad let me do the ö...).... Anyway, um pretty sure the pattern will change to something else. |
|
|
|
|
|
railzand
Sr. Member
Offline
Activity: 462
Merit: 250
Lux e tenebris
|
|
April 17, 2014, 06:50:13 AM
Last edit: April 17, 2014, 07:15:45 AM by railzand |
|
No, not the first. But for clarity and simplicity of explanation, you win 2 internet stars and a lollipop.
|
|
|
|
keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
|
|
April 17, 2014, 07:15:10 AM |
|
How can your username be Anonymous ?
I was just going to ask the same thing - is it supposed to be Anonymous as in the hacking group?
https://bitcointalk.org/index.php?topic=12156.msg6168673#msg6168673 ...Most people in the world will never even own 1 coin!...
As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is. Buy now, before only the wealthy elite can afford them.  Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock? I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it) Yes there was a thread about that ~3 weeks ago, when Warren Buffet was saying bad things about BTC (based on lack of understanding) Our friend from Primedice (does everyone know Primedice.com is the best BTC gaming site?) was considering betting 300 BTC. I hope he wins if the bet is made.  I would put some side action on the BTC side. Berkshire is pretty stable, the amount it moves in a few weeks is like a few hours in BTC. It would all depend on how long the bet lasted. |
|
|
|
|
Deviant1
Member
Offline
Activity: 83
Merit: 10
|
|
April 17, 2014, 10:26:16 AM |
|
That is AWESOME! This thread is epic, it needs to continue on forever. |
|
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
|
|
April 17, 2014, 12:44:17 PM |
|
So if I have just one coin, I will be wealthy?
|
|
|
|
bitpop
Legendary
Offline
Activity: 2912
Merit: 1060
|
|
April 17, 2014, 12:48:06 PM |
|
So if I have just one coin, I will be wealthy?
No, a wealthy elite |
|
|
|
|
Lohoris
|
|
April 17, 2014, 01:14:35 PM |
|
So if I have just one coin, I will be wealthy?
No, sorry. |
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
|
|
April 17, 2014, 01:23:40 PM |
|
So if I have just one coin, I will be wealthy?
No, sorry. Well then how many do I need? |
|
|
|
bryant.coleman
Legendary
Offline
Activity: 3766
Merit: 1217
|
|
April 17, 2014, 01:28:23 PM |
|
So if I have just one coin, I will be wealthy?
Yes. But you might have to wait for one or two decades. In 5 years, we got from $0.0008 to $500. Who knows? In another 10 or 20 years, we might reach $1,000,000. Be patient, collect as many coins as you can... and hope for the best.  Note: And most importantly, keep your wallet secure and take regular backups. |
|
|
|
|
boumalo
Legendary
Offline
Activity: 1918
Merit: 1018
|
|
April 17, 2014, 01:44:09 PM |
|
So if I have just one coin, I will be wealthy?
Yes. But you might have to wait for one or two decades. In 5 years, we got from $0.0008 to $500. Who knows? In another 10 or 20 years, we might reach $1,000,000. Be patient, collect as many coins as you can... and hope for the best. Note: And most importantly, keep your wallet secure and take regular backups. Or use a paper wallet |
|
|
|
|
SlipperySlope
|
|
April 17, 2014, 02:20:14 PM |
|
So if I have just one coin, I will be wealthy?
No, sorry. In contrast to mass conventional wisdom, I believe that owning a single bitcoin will rapidly become impossible for the average person in a developed country. Prices have been increasing on average 10x per year, and according to a logistic model of bitcoin adoption that I maintain, that astounding rate of increase will continue year by year until the half way point of adoption, at which the rate of increase rapidly diminishes. Anyone here should have some idea how far, far away we are from the half way point of adoption. Assume some portion of transacting entities, i.e. persons, businesses and governments, will ever use bitcoin - and some portion never will. How many years will it take for the former portion to have half its members adopt bitcoin? I believe the average person in this world having a single bitcoin will be among the wealthy persons in their respective city. It is difficult to imagine such a situation given the current price of a bitcoin - yet the great temptation will be to spend it too soon, i.e. within four years of purchase. |
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
|
April 17, 2014, 03:02:06 PM |
|
... and according to a logistic model of bitcoin adoption that I maintain, that astounding rate of increase will continue year by year until the half way point of adoption, at which the rate of increase rapidly diminishes.
...
I wonder about that. Your model does follow adoption of products for example. You may be right. But bitcoin has some properties that are more comparable to something like domain names. In that case the demand seems to grow based on increasing uses for the internet protocol. It's going to be interesting to look back 10 years from now. |
|
|
|
Arriemoller
Legendary
Offline
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
|
|
April 17, 2014, 04:28:02 PM |
|
|
Demokrati: Två vargar och ett lamm röstar om lunchmenyn. Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen. Freedom: A well armed lamb opposes the outcome.
|
|
|
Arriemoller
Legendary
Offline
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
|
|
April 17, 2014, 04:28:56 PM |
|
No, not the first. But for clarity and simplicity of explanation, you win 2 internet stars and a lollipop.
And thank you for the stars and the lollipop. |
Demokrati: Två vargar och ett lamm röstar om lunchmenyn. Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen. Freedom: A well armed lamb opposes the outcome.
|
|
|
|
Lohoris
|
|
April 17, 2014, 04:55:48 PM |
|
So if I have just one coin, I will be wealthy?
No, sorry. Well then how many do I need? Do I look like a fortune-teller? |
|
|
|
|
SlipperySlope
|
|
April 17, 2014, 05:28:34 PM |
|
... and according to a logistic model of bitcoin adoption that I maintain, that astounding rate of increase will continue year by year until the half way point of adoption, at which the rate of increase rapidly diminishes.
...
I wonder about that. Your model does follow adoption of products for example. You may be right. But bitcoin has some properties that are more comparable to something like domain names. In that case the demand seems to grow based on increasing uses for the internet protocol. It's going to be interesting to look back 10 years from now. Peter_R has discovered evidence that Metcalfe's Law applies to Bitcoin - which I comment about here . . . Metcalfe's Law Explains 10x Price Growth Vs. 3.2x Transaction Quantity Growth |
|
|
|
|
Dafar
Legendary
 Online
Activity: 1330
Merit: 1000
dafar consulting
|
|
April 17, 2014, 06:06:20 PM |
|
In contrast to mass conventional wisdom, I believe that owning a single bitcoin will rapidly become impossible for the average person in a developed country. Prices have been increasing on average 10x per year, and according to a logistic model of bitcoin adoption that I maintain, that astounding rate of increase will continue year by year until the half way point of adoption, at which the rate of increase rapidly diminishes.
You're on slippery slope buddy wut abt this guys?  |
|
|
|
|
ChuckBuck
|
|
April 17, 2014, 06:24:33 PM |
|
In contrast to mass conventional wisdom, I believe that owning a single bitcoin will rapidly become impossible for the average person in a developed country. Prices have been increasing on average 10x per year, and according to a logistic model of bitcoin adoption that I maintain, that astounding rate of increase will continue year by year until the half way point of adoption, at which the rate of increase rapidly diminishes.
You're on slippery slope buddy wut abt this guys? Why you gotta post this? Now, we're definitely going to zero now.  Nah, I don't buy it! All this means is cheap Bitcoins to buy. BUY BUY BUY! |
|
|
|
|
