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Author Topic: At the average rate of growth...  (Read 513 times)
cbeast
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April 12, 2013, 04:49:18 PM
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it will take Bitcoin over ten thousand years to become a useful currency. It's grown an average of one dollar a month over the past 4 years. Remarkable. I need to get away from this awhile.

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Kazu
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April 12, 2013, 05:02:50 PM
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it will take Bitcoin over ten thousand years to become a useful currency. It's grown an average of one dollar a month over the past 4 years. Remarkable. I need to get away from this awhile.

Things tend not to grow linearly. It 'tends' to be worth almost 5 times what it was the previous year the next year, and that isn't taking into account more coins from mining.

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April 12, 2013, 05:07:37 PM
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it will take Bitcoin over ten thousand years to become a useful currency. It's grown an average of one dollar a month over the past 4 years. Remarkable. I need to get away from this awhile.

Things tend not to grow linearly. It 'tends' to be worth almost 5 times what it was the previous year the next year, and that isn't taking into account more coins from mining.

This.

And that the average price this week, month, year is a lot more than that $56 we just saw.

I tweet crypto nonsense: https://twitter.com/DunningKruger_
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