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Author Topic: 2013-03-05 Falkvinge: Target Value for Bitcoin is $100K to $1M  (Read 1497 times)
n8rwJeTt8TrrLKPa55eU
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March 06, 2013, 02:06:53 AM
 #1

http://falkvinge.net/2013/03/06/the-target-value-for-bitcoin-is-not-some-50-or-100-it-is-100000-to-1000000/
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March 06, 2013, 02:09:14 AM
 #2

I agree that 20 years from now one Bitcoin will either be worth $1x10^6 +/-$1x10^1 or worth nothing.
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March 06, 2013, 02:23:46 AM
 #3

I agree that 20 years from now one Bitcoin will either be worth $1x10^6 +/-$1x10^1 or worth nothing.

One of the two is correct.


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March 06, 2013, 02:51:03 AM
 #4

I agree that 20 years from now one Bitcoin will either be worth $1x10^6 +/-$1x10^1 or worth nothing.

I think that's more specific than you intended. I read it as $999990-$1000010.  Tongue

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March 06, 2013, 02:55:59 AM
 #5

I think that's more specific than you intended. I read it as $999990-$1000010.  Tongue
I know, but I think most people can figure it out.
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March 06, 2013, 07:54:54 AM
 #6

I think that's more specific than you intended. I read it as $999990-$1000010.  Tongue
I know, but I think most people can figure it out.

Just write it as 10^(6 +/- 1) Smiley

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marcus_of_augustus
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March 06, 2013, 10:26:36 AM
 #7

I think that's more specific than you intended. I read it as $999990-$1000010.  Tongue
I know, but I think most people can figure it out.

Just write it as 10^(6 +/- 1) Smiley


Yeah, what's an order of magnitude amongst friends anyway? Either way it would be wild ride.

You have got to admire Falkvinge's cahajone's for going all-in way back when he did .... but I think his estimates are heavily discounting the risk from bitcoin2.0-like competition.

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