Bitcoin Forum
October 15, 2018, 04:31:31 PM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: .  (Read 1816 times)
100x
Jr. Member
*
Offline Offline

Activity: 30
Merit: 500


Seek the truth


View Profile
.
April 01, 2013, 11:37:09 PM
 #1

.
1539621091
Hero Member
*
Offline Offline

Posts: 1539621091

View Profile Personal Message (Offline)

Ignore
1539621091
Reply with quote  #2

1539621091
Report to moderator
1539621091
Hero Member
*
Offline Offline

Posts: 1539621091

View Profile Personal Message (Offline)

Ignore
1539621091
Reply with quote  #2

1539621091
Report to moderator
1539621091
Hero Member
*
Offline Offline

Posts: 1539621091

View Profile Personal Message (Offline)

Ignore
1539621091
Reply with quote  #2

1539621091
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1539621091
Hero Member
*
Offline Offline

Posts: 1539621091

View Profile Personal Message (Offline)

Ignore
1539621091
Reply with quote  #2

1539621091
Report to moderator
1539621091
Hero Member
*
Offline Offline

Posts: 1539621091

View Profile Personal Message (Offline)

Ignore
1539621091
Reply with quote  #2

1539621091
Report to moderator
joecascio
Full Member
***
Offline Offline

Activity: 137
Merit: 100

Semi-retired software developer, tech consultant


View Profile WWW
April 01, 2013, 11:42:49 PM
 #2

It seems to me that what's driving bitcoin's growth is unique functional capability that other forms of currency/commodity do not have. This is not a simple comparison to existing traditional currencies, but rather a technology adoption curve, which behaves much differently. http://en.wikipedia.org/wiki/Technology_adoption_lifecycle

Joe Cascio
Python/Django & Android developer
Twitter: @joecascio
uk1
Hero Member
*****
Offline Offline

Activity: 490
Merit: 500


View Profile WWW
April 01, 2013, 11:50:08 PM
 #3

world drug Market Values
marijuana market is $141.80 Billion.
Cocaine     $85 Billion
Heroin    $68 Billion
Illegal Tobacco $50 Billion
Methamphetamine $28.25 Billion
Ecstasy$16.07 Billion

if silk road gets 1 percent Market Value bitcoin Market Value is easy 1 Billion

Elwar
Legendary
*
Offline Offline

Activity: 2618
Merit: 1257


www.varyon.io


View Profile WWW
April 02, 2013, 12:31:10 AM
 #4

Illegal Tobacco $50 Billion

As a small time illegal tobacco dealer I am trying to work my way up to the big time, maybe even become an illegal tobacco mob boss or something. Hopefully hit the $25-$30 billion range in illegal tobacco sales. Then I will convert to Bitcoin for all trades.

By illegal tobacco it is usually selling non-FDA approved cigarettes in the back alley or distributing packets of cigarettes without a warning label. All very dangerous of course, but it is a dangerous world, such is the life of an illegal tobacco dealer.

 Cool

                     ▄▓▓▓▓    ▄▓█▓▄
                  ▄▓██████    ██████▓▄
                ▐████████▓    ▓████████▌
            ▄▓▓▄ ▀██▓▀▀▀         ▀▀▓██▓ ▄▓▓▄
         ▄▓█████▌ ▄▄▓▓██▓▌     ▓██▓▓▄▄ ▐█████▓▄
       ▓███████▀▄▓███████▌    ▐███████▓▄▀▓██████▓
       ▓█████▓ ▓█████████▌     █████████▓ ▓█████▓
               ▀▓████████      █████████▓
     ▄▄             ▀▀▀▀▀       ▀▀▀▀             ▄▄
    ▓████▓▓                                  ▄▓█████
    ▐██████ ▄▓█▓▓▄▄                   ▄▄▓▓▓▓ ██████▌
     ▓█████ ████████▓▓            ▄▓████████ █████▓
      ▓███▓ █████████▓            ▓█████████ ▓████
            ▀███████▀               ▓██████▀
        ▓███▓ ▓███▓      ▄▓██▓▄      ▓███▓ ▓███▓
        ▓█████▄        ▄▓██████▓▄        ▄▓████▓
         ██████▓      ▓██████████▓      ▐██████
         ▐████▓       ▀▓████████▓▀       ▓████▌
           ▀▀▀    ▄▓██▓▓▄▄ ▀▀ ▄▄▓▓███▓     ▀▀▀
                 ▓█████████  ██████████▄
                 ▓▓██████▓▓  ▀▓██████▓▓
██
██
██
██
██
██
██
██
██
██
██
██
██
██
.......Social Media.......
██▄▓█████████████████████▓▓▄
▓██████████████████████████▌
███████████████████▓▓▀  ▓██▌
██████████████▓▀▀       ▓██▌
████████▓▀▀      ▄█    ▐███▌
███▓▀        ▄▄▓▀      ▓███▌
███▓▄▄▄   ▄▓█▓         ████▌
████████▓ ▓▌          ▓████▌
█████████▓    ▄       █████▌
██████████▌ ▄▓██▓▄   ▐█████▌
███████████████████▓▓██████▌
▐██████████████████████████
  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
▄███████████████████▄
██████████████████████▌
██████████████████████▌
████████████     █▀███▌
███   █████        ▐██▌
███               ▐███▌
███               ████▌
████             █████▌
█████▄▄         ██████▌
████         ▄████████▌
██████████████████████▌
██████████████████████▌
██
██
██
██
██
██
██
██
zoinky
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000


Web Developer


View Profile
April 02, 2013, 12:36:00 AM
 #5

I think this has been answered many times.  It can be anywhere from about $0 to about $100,000 a bitcoin.
zoinky
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000


Web Developer


View Profile
April 02, 2013, 01:10:50 AM
 #6

I think this has been answered many times.  It can be anywhere from about $0 to about $100,000 a bitcoin.

Did you read the post? The current transaction volume going through bitcoin most definitely does not support $100k per coin...

I thought you were asking about 5-10 years down the line?  It is very likely the block limit will be raised, also more services will pop up that handle transactions in-house instead of writing every single one to the blockchain.

To be honest, these threads are moot.  Your guess is as good as anybody else's.  And if you don't know the outcome of the replies you will receive from the Speculation forum...
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!