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Question: Chances of Bitcoin to survive
1% - 3 (5.4%)
10% - 4 (7.1%)
20% - 3 (5.4%)
50% - 10 (17.9%)
90% - 20 (35.7%)
100% - 16 (28.6%)
Total Voters: 56

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Author Topic: Chances of bitcoin  (Read 1557 times)
Wary (OP)
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September 12, 2013, 11:21:21 AM
 #1

Peter Thiel invested 2M in a BTC startup. Still, he thinks that chances of Bitcoin to survive are only 20%. What's you opinion? Why?

Fairplay medal of dnaleor's trading simulator. Smiley
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September 12, 2013, 11:27:53 AM
 #2

Bitcoin has a 100% chance of survival, if only because it cannot be killed. The real question is whether it will prosper, and how well.

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Mike Christ
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September 12, 2013, 11:29:27 AM
 #3

Surviving until when?  Everything on this planet, including the planet itself, has a 0% chance of survival if you go down the line long enough.

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September 12, 2013, 11:30:47 AM
 #4

bitcoin will always survive.. (except for Mike Christ's scenario) even if the price goes down to 1cent alot of people will just buy back in.. meaning it will always continue. as long as the world survives along with world communications methods. (no apocolypse)

this is why so many investors see the great oppertunity.

if only 21million people out of the 7billion world pop, just invested a months income, EVER. that would make bitcoin worth $1000 each.

so imagine 1000 people investing $21million
or 100 people investing $210million
or 210million people investing just $100...

it all shows atleast $1000/coin is easily possible..

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
will1982
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September 12, 2013, 11:44:14 AM
 #5

Bitcoin has a 100% chance of survival, if only because it cannot be killed. The real question is whether it will prosper, and how well.

This seems to make the most sense.
I'd say its chances of prospering are very high, seeing as it has gone so far already
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September 12, 2013, 11:07:52 PM
 #6

50%
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September 13, 2013, 06:56:15 AM
 #7

not sure because uncle same can do any time any thing about this

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September 13, 2013, 08:19:27 AM
 #8

not sure because uncle same can do any time any thing about this
Like what? Can they just close Bitcoin down, arrest the administrators, and take everybody's wallet? Oh, wait... Smiley

No sir. Uncle Sam can do just as little about Bitcoin as Kim Jung Un, Vladimir Poetin, or the Pope: virtually nothing.

Feel free to send your life savings to 1JhrfA12dBMUhcgh85wYan6HL2uLQdB6z9
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September 13, 2013, 09:17:12 AM
 #9

not sure because uncle same can do any time any thing about this
Lucky for me (and 6.8 billion other people), Sam is not my uncle.

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September 13, 2013, 09:33:07 AM
 #10

not sure because uncle same can do any time any thing about this
Like what? Can they just close Bitcoin down, arrest the administrators, and take everybody's wallet? Oh, wait... Smiley

No sir. Uncle Sam can do just as little about Bitcoin as Kim Jung Un, Vladimir Poetin, or the Pope: virtually nothing.

they do with Liberty Reserve and nobody do any thing many peoples like me lost nearly 6 Billion$ what happen nothing

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September 13, 2013, 10:58:32 AM
 #11

not sure because uncle same can do any time any thing about this
Like what? Can they just close Bitcoin down, arrest the administrators, and take everybody's wallet? Oh, wait... Smiley

No sir. Uncle Sam can do just as little about Bitcoin as Kim Jung Un, Vladimir Poetin, or the Pope: virtually nothing.

they do with Liberty Reserve and nobody do any thing many peoples like me lost nearly 6 Billion$ what happen nothing

I think the point was exactly that unlike Libery Reserve, with Bitcoin there's no central server or administrator that "they" (or anyone) could shut down or seize.

Use your Namecoin identity as OpenID: https://nameid.org/
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