thejaytiesto (OP)
Legendary
Offline
Activity: 1358
Merit: 1014
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:07:51 PM |
|
I can't believe people that still don't own any Bitcoins are waiting for it to get any lower to get in. Anyone that isn't a complete moron should known by now that Bitcoin is insanely underpriced at only 10 billion dollar marketcap at the potential to grow is immense. I can't believe so many short sighted idiots are watching such a once-in-a-lifetime opportunity to pass by like this, time after time as they are always waiting for a perfect price.
Listen, it doesn't fucking matter if you get in at 1000 or at 100, in the long term, anyone that didn't buy when the price was this cheap, will cry and have suicidal thoughts over it. But I guess some people can't put things into perspective only after those things happen, which is ironically why few get rich while most stay poor and mediocre as they cry about missed opportunities. Those pussies don't deserve to be right anyway.
|
|
|
|
Adriandmen
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 292
Merit: 251
Telegram: @Adriandmen
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:09:35 PM |
|
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
|
|
|
|
Red-Apple
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:15:39 PM |
|
I can't believe people that still don't own any Bitcoins are waiting for it to get any lower to get in. Anyone that isn't a complete moron should known by now that Bitcoin is insanely underpriced at only 10 billion dollar marketcap at the potential to grow is immense. I can't believe so many short sighted idiots are watching such a once-in-a-lifetime opportunity to pass by like this, time after time as they are always waiting for a perfect price.
Listen, it doesn't fucking matter if you get in at 1000 or at 100, in the long term, anyone that didn't buy when the price was this cheap, will cry and have suicidal thoughts over it. But I guess some people can't put things into perspective only after those things happen, which is ironically why few get rich while most stay poor and mediocre as they cry about missed opportunities. Those pussies don't deserve to be right anyway.
i also believe that bitcoin is extremely undervalued right now but that is no way to address the issue by insulting others. and also i have accepted the fact that investing in bitcoin is a risky business and you always have to consider everything before getting your hands dirty. also i want to add that by undervalued i mean it should be at above $2000 not at an unreal price like 10K
|
--signature space for rent; sent PM--
|
|
|
thejaytiesto (OP)
Legendary
Offline
Activity: 1358
Merit: 1014
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:23:33 PM |
|
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
You must have brain for bricks, or I guess you are just shitposting for the signature campaign. In any case, to claim that you don't know how Bitcoin works. I mean who the hell is talking about mining being unprofitable as time goes by being a problem if you have been here for some time, then you haven't learned anything.
|
|
|
|
thejaytiesto (OP)
Legendary
Offline
Activity: 1358
Merit: 1014
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:25:27 PM |
|
I can't believe people that still don't own any Bitcoins are waiting for it to get any lower to get in. Anyone that isn't a complete moron should known by now that Bitcoin is insanely underpriced at only 10 billion dollar marketcap at the potential to grow is immense. I can't believe so many short sighted idiots are watching such a once-in-a-lifetime opportunity to pass by like this, time after time as they are always waiting for a perfect price.
Listen, it doesn't fucking matter if you get in at 1000 or at 100, in the long term, anyone that didn't buy when the price was this cheap, will cry and have suicidal thoughts over it. But I guess some people can't put things into perspective only after those things happen, which is ironically why few get rich while most stay poor and mediocre as they cry about missed opportunities. Those pussies don't deserve to be right anyway.
i also believe that bitcoin is extremely undervalued right now but that is no way to address the issue by insulting others. and also i have accepted the fact that investing in bitcoin is a risky business and you always have to consider everything before getting your hands dirty. also i want to add that by undervalued i mean it should be at above $2000 not at an unreal price like 10K Again, 10K is not unreal in 10 years. That's unreal is that it's not 10K in 10 years. We are at 10 billion marketcap. This is absolutely nothing in the big picture. Bitcoin has a potential to reach hundreds of billions of dollars for a marketcap, if not trillions in the future.
|
|
|
|
sishendaoye
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:39:04 PM |
|
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
You may be right if the code code would not be changing, but i am 100% sure that it will be changing a lot. 2026 is 10 years from now, by then we got a super nice wallet interface, better security (2FA) and more users on the network.
|
|
|
|
RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:42:49 PM |
|
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
You need to (re)read the white paper by Satoshi Nakamoto. You are incorrect and all this was thought out years ago.
|
|
|
|
~Bitcoin~
Legendary
Offline
Activity: 994
Merit: 1000
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 03:48:52 PM |
|
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
You are completely wrong, just go through how actually mining is done, how mining difficulty is adjusted according to number of miners and mining power before assuming transaction will be slow by 2026. Transaction will always be confirmed at 10 minute of 1 mb blocks.
|
| ligma | | | | ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ ███ | | ███ ███ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ █ ███ ███ | | |
|
|
|
Biodom
Legendary
Online
Activity: 3878
Merit: 4295
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 04:11:06 PM |
|
i always thought that it it possible to reach 10k/btc soon, but here is one BIG problem...
People with large amounts of money, aka wallstreet, mutual funds, hedge funds, etc. look to be reluctant to invest in an asset where majority of trading and vast majority of transaction confirmations are chinese-based. Maybe it is a case of jingoism or fed implicitly or even explicitly tells them to back off, i have no idea. With wall street largely out of the picture, it is small speculators group which provides bullish uptick, but such speculators are notoriously fickle, ready to turn on a dime with each new reddit, hence large moves up and down, which, incidentally, diminish btc value as a payment method.
prognosis: lots of volatility for the next 10-20 years.
|
|
|
|
rekinthis
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 05:24:42 PM |
|
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
i doubt that bitcoin will ever die, in my opinion people will surely be using bitcoinis all the time and there will always be miners, i think that we might reach such price in 2026
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 05:34:33 PM |
|
People with large amounts of money, aka wallstreet, mutual funds, hedge funds, etc. look to be reluctant to invest in an asset where majority of trading and vast majority of transaction confirmations are chinese-based.
Is not the world's largest buyer of gold China? And they own lots of lovely US debt too. The Chinese bucket shops need to become an irrelevance. That'll require better exchanges and some actual demand, of which there is little to none in the real world. If and when there is a few sprinkles of it then off it'll go. I'm sure the average human is bright enough to know that the Chinese trading thing is a mirage but I don't think mining is going anywhere else any time soon.
|
|
|
|
Denker
Legendary
Offline
Activity: 1442
Merit: 1016
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 05:43:07 PM |
|
I agree with OP. A price of 10k+ in 10 years is not unlikely if Bitcoin still should be the number one coin in that time. I think it was the world economic forum who said to expect 10% of global gdp being stored in blockchain in 2027! As a metric they used the world money supply of $80 trillion I believe.I'm too lazy to search for that stuff now. Lol Let's assume these guys are right and 10% of global gdp will be stored in blockchain and that 1% of that would be in Bitcoin. That would be a $800million market cap and $40k per coin if we assume having 20million coins (satoshi coins lost).
|
|
|
|
hermanhs09
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 05:54:06 PM |
|
I can't believe people that still don't own any Bitcoins are waiting for it to get any lower to get in. Anyone that isn't a complete moron should known by now that Bitcoin is insanely underpriced at only 10 billion dollar marketcap at the potential to grow is immense. I can't believe so many short sighted idiots are watching such a once-in-a-lifetime opportunity to pass by like this, time after time as they are always waiting for a perfect price.
Listen, it doesn't fucking matter if you get in at 1000 or at 100, in the long term, anyone that didn't buy when the price was this cheap, will cry and have suicidal thoughts over it. But I guess some people can't put things into perspective only after those things happen, which is ironically why few get rich while most stay poor and mediocre as they cry about missed opportunities. Those pussies don't deserve to be right anyway.
I think the thing you are doing right now is getting just over-excited about bitcoin. It is a great tool,but you cannot expect THAT big rise,it may really go up very high,but just dont say things like that...
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 06:03:13 PM |
|
I think the thing you are doing right now is getting just over-excited about bitcoin. It is a great tool,but you cannot expect THAT big rise,it may really go up very high,but just dont say things like that...
Yes, He Must Be Stopped. Of course it's possible. Nobody knows how likely it is. Whatever happens there's going to be so much rich reading for people perusing this forum in a decade. Hello, futurepeople. Either you envy or pity us. Don't judge.
|
|
|
|
Dafar
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 06:04:43 PM |
|
Listen, it doesn't fucking matter if you get in at 1000 or at 100
It kinda does... if I have 1000 to spend on BTC I would either have 1 BTC or 10 BTC depending on when I get in. At 10K/btc... I would either have $10K with a single BTC or $100K with 10 BTC, huge difference And 2026? Wow.... I hope we get to $10K a lot sooner
|
|
|
|
Adriandmen
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 292
Merit: 251
Telegram: @Adriandmen
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 06:05:42 PM |
|
In 2026, mining would be very unprofitable. Transactions would take days or even longer and the bitcoin is going to die at that point.
i doubt that bitcoin will ever die, in my opinion people will surely be using bitcoinis all the time and there will always be miners, i think that we might reach such price in 2026 Hmm, maybe you're right. Maybe it will be substituted by something else that is even better than bitcoins. But only time will tell.
|
|
|
|
mrhelpful
Legendary
Offline
Activity: 1456
Merit: 1002
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 07:15:50 PM |
|
The market cap will only increase due to failed economic turmoils that each country will go through.
And during this crisis people will find other ways to sustain their loss as much as possible - if they find bitcoin then they will take a stab at it.
Bitcoin has been proven enough despite being volatile that its still earned its place to be an option.
|
|
|
|
markj113
Legendary
Offline
Activity: 2254
Merit: 1043
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 07:17:56 PM |
|
The market cap will only increase due to failed economic turmoils that each country will go through.
And during this crisis people will find other ways to sustain their loss as much as possible - if they find bitcoin then they will take a stab at it.
Bitcoin has been proven enough despite being volatile that its still earned its place to be an option.
This hasnt shown to be true during the last few weeks of economic uncertainty. People have turned to gold for safety driving the price higher.
|
|
|
|
greatr
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 11, 2016, 07:22:20 PM |
|
of course we will be at 10 thousand dollars after ten years, thats a lot of time and a lot of people will be buying their bitcoins, in my opinion we might see even bigger price growths soon
|
|
|
|
azguard
Legendary
Offline
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 12, 2016, 07:56:28 AM |
|
The market cap will only increase due to failed economic turmoils that each country will go through.
And during this crisis people will find other ways to sustain their loss as much as possible - if they find bitcoin then they will take a stab at it.
Bitcoin has been proven enough despite being volatile that its still earned its place to be an option.
This hasnt shown to be true during the last few weeks of economic uncertainty. People have turned to gold for safety driving the price higher. its gonna be always like struggle with to invest in bitcoin or gold some will do on one thing other will invest in both and some will not invest at all still believe that both are good to invest and for that in 10 year price for bitcoin will go much higher then 10k
|
▄▄▄██████▄▄▄ ▄██████████████████▄ ▄████████████████████████▄ ▄▄ ▄████████████████████████████▄ ███████████████████████████████████▄ ▀▀█████████████████████████████████▄ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ▀████████████████████████████████▀ ▀██████████████████████████████▀ ▀▀██████████████████████████▀ ▀██████████████████████▀ ▀▀▀████████████▀▀▀ | .
| .....█ .....█ .....█ .....█ .....█ .....█ | | █ █ █ █ █ █ |
|
|
|
|