1 Trillion Market Cap

[Gordonium]

Will it happen and when?

[VolanicEruptor]

Will it happen and when?

3013

[wobber]

I'm kinda tired by this kind of questions:

When will ... ?
What do you think ... ?
Can bitcoin ... ?
Is bitcoin ... ?
Are we ... ?

[Ozymandias]

With current purchasing power, assuming 2013 usd is the unit, I honestly doubt that the market cap/monetary base will reach 1 tril usd though 0.5-1 orders of magnitude lower is much more plausible and still not too shabby.

[adamstgBit]

yes, soon

 

[rocks]

With current purchasing power, assuming 2013 usd is the unit, I honestly doubt that the market cap/monetary base will reach 1 tril usd though 0.5-1 orders of magnitude lower is much more plausible and still not too shabby.

1 trillion is still a fraction of the current value of Gold out there. And that is the manipulated paper value of gold, if it was treated like a reserve asset, Gold would be 10x in price.

1 trillion is easy if the world starts to see bitcoin as a reserve asset that can not be stolen through inflation.

[adamstgBit]

With current purchasing power, assuming 2013 usd is the unit, I honestly doubt that the market cap/monetary base will reach 1 tril usd though 0.5-1 orders of magnitude lower is much more plausible and still not too shabby.

1 trillion is still a fraction of the current value of Gold out there. And that is the manipulated paper value of gold, if it was treated like a reserve asset, Gold would be 10x in price.

1 trillion is easy if the world starts to see bitcoin as a reserve asset that can not be stolen through inflation.

if the world could only realize what a bitcoin is.

if you still don't know what a bitcoin is, this video is for you -> http://www.youtube.com/watch?v=HYSEwwOt_ic

[ArticMine]

If Bitcoin has a growth pattern comparable to that of the Internet since the mid 1990's I would say around 2023 - 2028.

[wasserman99]

no, i think bitcoin encryption will be broken before that point.

[Pente]

Will it happen and when?

Years away, but not decades.

[CryptoMinter]

I'm kinda tired by this kind of questions:

When will ... ?
What do you think ... ?
Can bitcoin ... ?
Is bitcoin ... ?
Are we ... ?

I think you posted this under the wrong section maybe? "Speculation"

[Chalkbot]

I'm kinda tired by this kind of questions:

When will ... ?
What do you think ... ?
Can bitcoin ... ?
Is bitcoin ... ?
Are we ... ?

I think you posted this under the wrong section maybe? "Speculation"

Hehe, I was thinking he must HATE it every time he accidentally clicks "Speculation".

[somestranger]

My guess is around 2017 or 2018 we will see a $1T market cap.

[theonewhowaskazu]

no, i think bitcoin encryption will be broken before that point.

What the heck is 'bitcoin encryption...'

Unless you're talking about public/private keys, which would be absurd to try and 'break' considering their huge quantity, you can't just 'decrypt' bitcoins and somehow steal them that way.

[tomatitotarifa]

I'm kinda tired by this kind of questions:

When will ... ?
What do you think ... ?
Can bitcoin ... ?
Is bitcoin ... ?
Are we ... ?

May I suggest it is easy. Stop clicking on posts starting with

When will ... ?
What do you think ... ?
Can bitcoin ... ?
Is bitcoin ... ?
Are we ... ?When wil...?

[Zaih]

8 hours 23 mins

[telemaco]

In 30 trillion millisecondcoins

[vpitcher07]

no, i think bitcoin encryption will be broken before that point.

What encryption will be broken? SHA? That's not really how the system works.. I mean technically aren't miners breaking SHA everytime a block is found lol

[Hfleer]

I'd like to see that number, but it could take quite some time.  Bitcoin seems to be fluctuating a lot lately.

[Pente]

no, i think bitcoin encryption will be broken before that point.

What encryption will be broken? SHA? That's not really how the system works.. I mean technically aren't miners breaking SHA everytime a block is found lol

It is just the leading 30 to 40 bits (depending on current difficulty) of a 256 bit SHA result? Remember, each additional bit doubles the amount of time. I doubt we will ever even hit 100 bits of difficulty (as in the first 100 bits of the random hash must result in a zero) within our lifetimes.