B1tUnl0ck3r
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Activity: 854
Merit: 276
liife threw a tempest at you? be a coconut !
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April 05, 2018, 02:02:49 PM |
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edit: I miss carolina...
It's the most beautiful gif I have ever seen. thanks for sharing it. |
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infofront (OP)
Legendary
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Activity: 2590
Merit: 2622
Shitcoin Minimalist
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April 05, 2018, 02:08:40 PM |
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... allow me to butt in ... while the total expansion capacity of bitcoin value might seem infinite from our current 'small-time' vantage point it is most definitely finite, realistically we have at most 1.5 to 2 pimple tricks remaining (1 order of magnitude expansion over previous). A btc valuation in the USD300-700k range puts it at ~10trillion market cap or ~10% of global fiat monetary supply.
Another pimple trick after that would be almost total global domination of all monetary assets, which while possible is probably not realistic or desirable anyway.
Sounds reasonable to me. To reach gold parity in one or two decades is really an astounding feat. I do fear a bear market like no other after that point however. Nasdaq took 15 years to recover after the dot-com run-up, and perhaps Bitcoin will suffer such fate before we see more pedestrian and sustainable growth. Perhaps Bitcoin will recover 15 times faster. |
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dxbcoin
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Activity: 280
Merit: 12
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April 05, 2018, 02:09:23 PM |
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 edit: I miss carolina... Lol bitcoin price today |
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B1tUnl0ck3r
Sr. Member
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Activity: 854
Merit: 276
liife threw a tempest at you? be a coconut !
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April 05, 2018, 02:12:10 PM |
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... allow me to butt in ... while the total expansion capacity of bitcoin value might seem infinite from our current 'small-time' vantage point it is most definitely finite, realistically we have at most 1.5 to 2 pimple tricks remaining (1 order of magnitude expansion over previous). A btc valuation in the USD300-700k range puts it at ~10trillion market cap or ~10% of global fiat monetary supply.
Another pimple trick after that would be almost total global domination of all monetary assets, which while possible is probably not realistic or desirable anyway.
Sounds reasonable to me. To reach gold parity in one or two decades is really an astounding feat. I do fear a bear market like no other after that point however. Nasdaq took 15 years to recover after the dot-com run-up, and perhaps Bitcoin will suffer such fate before we see more pedestrian and sustainable growth. Perhaps Bitcoin will recover 15 times faster.it can double or more in one single trade...  |
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toknormal
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Activity: 2954
Merit: 1187
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April 05, 2018, 02:17:28 PM |
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We sliced through $5000 like a hot knife through butter I thought I was on a 9/11 conspiracy site there for a minute. |
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pacman7331
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April 05, 2018, 02:25:30 PM |
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We gotta test 6 before 5 right? Or does the laws of normal space-time-energy no longer apply to bitcoin due to volatility?  I'm ready to buy my 6k coins... A weekend sale would be nice. Where were you on Feb 5? I was buying on Coinbase. Another pump and dump? That makes 2 of the identical size in one day. Bear market... |
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Paashaas
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Activity: 3247
Merit: 3754
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April 05, 2018, 02:28:17 PM |
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Weak hands already sold only the bears playing with the market untill they run out of coins ore they get rekt by other whales.
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jbreher
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Activity: 2968
Merit: 1568
lose: unfind ... loose: untight
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April 05, 2018, 02:33:27 PM |
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Unexpected green!
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El duderino_
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Activity: 2044
Merit: 9823
BTC + Crossfit, living life.
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April 05, 2018, 02:38:11 PM |
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Weak hands already sold only the bears playing with the market untill they run out of coins ore they get rekt by other whales.
then let them get rekt ..... |
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pacman7331
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April 05, 2018, 02:39:03 PM |
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 I see a pattern here. Bitfinex Whale club? |
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jojo69
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Activity: 2716
Merit: 3815
1/21000000 , the only math you need to know
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April 05, 2018, 02:39:14 PM |
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unexpected green is PEOPLE!
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Torque
Legendary
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Activity: 3122
Merit: 4297
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April 05, 2018, 02:53:53 PM |
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We pop 4% after many weeks of 10% drop after 10% drops, and you guys are posting rocket gifs? |
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Globb0
Legendary
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Activity: 2660
Merit: 2029
Free spirit
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April 05, 2018, 02:56:07 PM |
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Why not?  |
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markj113
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Activity: 2254
Merit: 1043
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April 05, 2018, 02:56:59 PM |
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bitcoinPsycho
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Activity: 2016
Merit: 1385
$120000 by end of 2023 confirmed . Slava Ukraini
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April 05, 2018, 02:58:17 PM |
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that's right  and repeat |
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Raja_MBZ
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Activity: 1876
Merit: 1501
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April 05, 2018, 03:01:12 PM |
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I don't know why we consider the "India" factor that much in crypto. Indian contribution towards crypto volume is surely not above 2.5% to 3% or so. |
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B1tUnl0ck3r
Sr. Member
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Activity: 854
Merit: 276
liife threw a tempest at you? be a coconut !
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April 05, 2018, 03:01:35 PM |
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Why not?
This rocket is going in the wrong direction !!! |
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fabiorem
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April 05, 2018, 03:04:30 PM |
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I don't know why we consider the "India" factor that much in crypto. Indian contribution towards crypto volume is surely not above 2.5% to 3% or so.
Its the denial. They pick some small news in the sidelines to "explain" why the price is dropping. The same with these rocket gifs. We just had another bull trap and already we see rocket gifs. |
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markj113
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Activity: 2254
Merit: 1043
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April 05, 2018, 03:07:34 PM |
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I don't know why we consider the "India" factor that much in crypto. Indian contribution towards crypto volume is surely not above 2.5% to 3% or so.
India has a population of 1.3 billion I would have thought a ban there is significant even if user adoption is low currently. |
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Torque
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Activity: 3122
Merit: 4297
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April 05, 2018, 03:10:17 PM |
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India has a population of 1.3 billion I would have thought a ban there is significant even if user adoption is low currently.
Over 90+% of the population there is completely unbanked and uses fiat paper for everything. |
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