Bitcoin is a bubble

[bamboylee]

Very entertaining song. The video was from 2013 and bitcoin bubble is  yet to burst. It must be a very strong bubble, if it really is a bubble. But I will still hold on my bitcoin even if the song said it is a bubble.

[Amadues]

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

1 milioni per btc in which fiat ? Dollar? Pound? Euro?
This BIG (and likely impossible value) could give the possibility to create up to 21.000.000 new millionaire !
I don't think it could be possible   but we can hope something like this (also 100.000 in fiat could be a great point for every bitcoiner!)

[Fatanut]

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

1 milioni per btc in which fiat ? Dollar? Pound? Euro?
This BIG (and likely impossible value) could give the possibility to create up to 21.000.000 new millionaire !
I don't think it could be possible   but we can hope something like this (also 100.000 in fiat could be a great point for every bitcoiner!)

It's pretty obvious that he was still talking about USD. 21,000,000 is the upper limit but the actual number would be far from that. Assuming that 1BTC = $1M, even mass adoption happens there wouldn't still be 21 million new millionaires because there are people holding thousands of bitcoins. In addition, I think an average bitcoiner holds more than 1btc in his wallet right now. So newcomers would most probably share not quite a big quantity of bitcoins since most of us are holding our coins.

[Catmony]

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

You can be sure that you will be able to see 10k USD per bitcoin within your lifetime if you are not old enough to live next 20-30 years. 

[kanazawa]

What Buffer Overflow said is undoubtely true. If you notice, every time since dec-2013 it was the same thing... When price is down, Bitcoin is dead, when it is stable it's not attracting, time to jump to shitcoins and when the price is high then some dumb "experttt" makes a videos, creates a thread here just to make some polemic history...

[Leonard2016]

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

i really doubt that becasue 10K and 1mil are two stupidly big prices which need a very huge pump (not a rise but a fake pump) from at least 10 willybots on 10 different (mtgox) exchanges to even make that happen and even then it would be hard.

[afbitcoins]

Next time bitcoin is in a real bubble you'll know it by your mum asking you to buy her some bitcoin

[CoinCidental]

Shit this makes me wanna dump everything i have and gtfo right away. Very good, nice lyrics also. 5/5 for you. Subscribed too.

Jokes aside; If it ever drops to 1$, there would be millions to support bitcoin from that price and it will bounce back to where it was before in miliseconds.

If it dropped to a $1 a few million people would jump on the train so fast it would probably exceed the current price by the following day, as crazy as that sounds, there is so many people who know about btc now but would buy more if it was cheaper, especially in developing countries

[CoinCidental]

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

You can be sure that you will be able to see 10k USD per bitcoin within your lifetime if you are not old enough to live next 20-30 years. 

If you can get to 2020 without dying, you will probably see 10k+ bitcoins.... Maybe even sooner than that!