....

[souspeed]

….

[Piper67]

Oh my... 

[hacknoid]

More people need to take the red pill.. 

[SgtSpike]

1% of your assets in Bitcoin...



1% of:

The total value of the world's financial assets equaled $198.1 Trillion and the total value of all equities equaled $53.7 Trillion. Clearly equities, bonds, bank deposits and such are massively overshadowed by the notional value of the derivatives market which is over $700 Trillion.

= $428,571 per BTC.

[Le Happy Merchant]

1% of your assets in Bitcoin...
1% of:

The total value of the world's financial assets equaled $198.1 Trillion and the total value of all equities equaled $53.7 Trillion. Clearly equities, bonds, bank deposits and such are massively overshadowed by the notional value of the derivatives market which is over $700 Trillion.

= $428,571 per BTC.

Hell, even 1% of that 1% would be crazy.

[solex]

Bitcoin on Bloomberg: "Call it schmuck insurance".

I’ve told my friends that it is entirely rational to allocate one percent of your assets to Bitcoin -- as I have. Call it schmuck insurance. As the 2008 crisis proved, schmucks can cause a world of damage.

http://www.bloomberg.com/news/2013-05-30/bitcoin-the-perfect-schmuck-insurance.html

Unfortunately, a weak title for one of the best Bitcoin articles written about the long-term perspective.

[Bakemono]

After reading this article i have just one thing to say.
GO WARRIORS! 

[TheKoziTwo]

Assuming that Bitcoin can replace gold as a more useful store of value, then the upper bound of each Bitcoin would be almost $400,000 ($8 trillion/21 million bitcoins).

If Bitcoin grows into something bigger -- a useful reserve currency, then watch out: Its value will far exceed $400,000. I personally think that Bitcoin is already superior to gold. Its role as currency is yet to be determined, but over the next decade, being Gold 2.0 will suffice considering that it would represent a more than 3,000 times return.

Oh my... these money are up for grabs people, up for grabs

[lunarboy]

The transformation of Bitcoin image in the press from just the last 4 months is almost frightening.....  Much Hat eating going on  

The opportunity here is to think constructively about a world in which money flows are more transparent (Bitcoin), easy (Bitcoin), cheap (Bitcoin) and secure (Bitcoin). Does the Bitcoin economy need regulation? Possibly. Much like virtual guardrails enabled the Internet to thrive, the Bitcoin ecosystem may need something similar to begin rebalancing the financial services landscape.]The opportunity here is to think constructively about a world in which money flows are more transparent (Bitcoin), easy (Bitcoin), cheap (Bitcoin) and secure (Bitcoin). Does the Bitcoin economy need regulation? Possibly. Much like virtual guardrails enabled the Internet to thrive, the Bitcoin ecosystem may need something similar to begin rebalancing the financial services landscape.

There will be some bad and awkward moments, but lots of good, useful and powerful things will also ensue. It will reallocate financial strength and power to the people versus keeping it within a few centralized authorities.]There will be some bad and awkward moments, but lots of good, useful and powerful things will also ensue. It will reallocate financial strength and power to the people versus keeping it within a few centralized authorities.

[oakpacific]

And you wonder how Zuckerberg came to be familiar with Bitcoin...