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Bitcoin Forum > Economy > Economics > Speculation > Bitcoin should be at $13,500 ?
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Author Topic: Bitcoin should be at $13,500 ?  (Read 6782 times)
semaforo
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June 22, 2013, 03:15:45 AM
 #81
It took hundreds of years between the first printing press and mass literacy...
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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June 22, 2013, 08:09:47 AM
 #82
Quote from: semaforo on June 22, 2013, 03:15:45 AM
It took hundreds of years between the first printing press and mass literacy...

except in korea.

also btc has many financial advantages in a short time frame, reading did not.
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https://www.binance.com/?ref=10062065
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June 23, 2013, 01:39:39 AM
 #83
Quote from: niothor on June 22, 2013, 01:24:34 AM
Mass Adoption , here we comeeeee

http://i40.tinypic.com/spjgw0.jpg

That's a very short timeframe showing the drop in volume since the bubble popped. A better timeframe would be the last six months and that shows that USD transaction volumes are still up over 5x what they were in January this year. How low it will go is anyone's guess but I think it's unlikely to return to January levels
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June 23, 2013, 01:40:57 AM
 #84
dfgjai
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crime generates tenfold more money then real businesses do in bitcoin. the fact you cant accept this just makes you a kike

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June 27, 2013, 08:40:06 PM
 #85
i figure it should be about $7500 right now as its at least 400 times more rare than gold and can be made invisible and teleported anywhere.
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