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Author Topic: Why bitcoin is worth $1 Trillion  (Read 2718 times)
crazy_rabbit
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April 08, 2013, 09:34:55 PM
 #21

If there are no speculator and 1% of people (70,000,000) will invest $1000 into FREE MONEY then  we have invested $70B ($70,000,000,000 USD)  and we will split 11M BTC (11,000,000)

result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364

===
I think FAIR PRICE :-)

Wouldn't most alt coins would be worth atleast a dollar each then?

Not just Lite coins but....different.. alts such as Dev and BBQ coin?


If one type of nonsense goes to the moon that does not necessarily mean that all nonsense goes to the moon with it.

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April 08, 2013, 09:37:39 PM
 #22

This is just one sentence, and it's not catchy, but it is a simple truth that all by itself would make Bitcoin worth trillions if wealthy people all understood it: There's simply nowhere else a billionaire can really hide or transport his money with impunity anywhere near as effectively as Bitcoin. Every billionaire must invest a significant portion of their assets; it is inevitable if Bitcoin sticks around, and is a very attractive option even right now, in the face of uncertain capital controls and leaks. The Rothschilds will do Bitcoin!

And another thing everyone seems to miss: the actual value potential is in the quadrillions, because the economy fueled by Bitcoin will be far, far more efficient than the current one, so everyone will be far wealthier and each bitcoin will have to cover that much more.
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April 08, 2013, 09:43:45 PM
 #23

This is just one sentence, and it's not catchy, but it is a simple truth that all by itself would make Bitcoin worth trillions if wealthy people all understood it: There's simply nowhere else a billionaire can really hide or transport his money with impunity anywhere near as effectively as Bitcoin. Every billionaire must invest a significant portion of their assets; it is inevitable if Bitcoin sticks around, and is a very attractive option even right now, in the face of uncertain capital controls and leaks. The Rothschilds will do Bitcoin!

And another thing everyone seems to miss: the actual value potential is in the quadrillions, because the economy fueled by Bitcoin will be far, far more efficient than the current one, so everyone will be far wealthier and each bitcoin will have to cover that much more.

I was trying to be modest with that $1 trillion figure.

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April 08, 2013, 09:44:09 PM
 #24

If there are no speculator and 1% of people (70,000,000) will invest $1000 into FREE MONEY then  we have invested $70B ($70,000,000,000 USD)  and we will split 11M BTC (11,000,000)

result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364

===
I think FAIR PRICE :-)

Wouldn't most alt coins would be worth atleast a dollar each then?

Not just Lite coins but....different.. alts such as Dev and BBQ coin?


If one type of nonsense goes to the moon that does not necessarily mean that all nonsense goes to the moon with it.

A alt coin being priced at 1 dollar per coin, compared to bit coin's 6,364 is not going to the moon.



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April 08, 2013, 11:04:26 PM
 #25

Bitcoin might be revolutionary and incredibly useful but what we are seeing now IS a bubble. The price has been rising fast for no reason other than speculation. At some point, likely fairly soon, the speculators will want to get their money out and we'll see a correction.
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April 08, 2013, 11:27:18 PM
 #26

Bitcoin might be revolutionary and incredibly useful but what we are seeing now IS a bubble. The price has been rising fast for no reason other than speculation. At some point, likely fairly soon, the speculators will want to get their money out and we'll see a correction.

Personally, I think that is a couple months away.
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April 08, 2013, 11:37:14 PM
 #27

There are now countless threads talking about "where is the support for this price?" And the press calling it a bubble because there is "no support for the price".

Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.

Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.

This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.

Because bitcoin is the fulfillment of the internet and digital manifest destiny.

Security through numbers, freedom through cryptography.


+1

crazy_rabbit is not so crazy!

I look at it as personal banking that you have total control over your money at all times.  That is, if you do your homework!
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April 08, 2013, 11:45:10 PM
 #28


This. Encrypted money. This is why Bitcoin is worth a trillion dollars.


And how many apples does bitcoin worth?

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Kazu
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April 08, 2013, 11:48:27 PM
 #29


This. Encrypted money. This is why Bitcoin is worth a trillion dollars.


And how many apples does bitcoin worth?

2.346

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April 08, 2013, 11:51:12 PM
 #30


This. Encrypted money. This is why Bitcoin is worth a trillion dollars.


And how many apples does bitcoin worth?

2.346

Proof, please?  Smiley

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