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Author Topic: Bitcoin could be worth 100x more than today.  (Read 6659 times)
Martijnvdc
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November 16, 2013, 07:13:34 PM
 #61

It all depends on the bitcoin prices and the abusers of bitcoin

We as a bitcoin community will never become a massive currency if we have drug dealers using bitcoin
But If it does go x100 then Im happy
Drug dealers will use ANY currency. But i do think it's very bad for bitcoin's image... As the anonimity of bitcoin makes things easy for them.
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November 16, 2013, 07:59:27 PM
 #62

A stock in Berkshire Hathaway Inc. is worth $172.000. Bitcoins could surpass that within a decade or so..

Never Smiley cause Berkshire's stock might hit 1million when BTC hit 172,000$...

I would bet that Bershire's stock, when BTC is $172,000, is MUCH lower than BTC. The two will come to be inversely related as one is built on a corrupt system run by corporations and militaries and the other is a bit of the dismantling agent.

I don't think very many people understand how disruptive BTC is.

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BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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November 16, 2013, 09:27:16 PM
 #63

$100,000? wohoo, I will be millionaire if I have 10 BTC now!!

It's too much. Nobody will pay that amount for 1 coin. Not even 10,000 for 0.1 or 1000 for 0.01. It's insane.

1000-3000? Maybe...

It is just a number, if there where 10 bitcoins, they would already be in the millions each, its just a number and its possible
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November 16, 2013, 11:10:21 PM
 #64

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.

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November 17, 2013, 12:34:39 AM
 #65

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.
and it's reasonable in the distant future.  Tongue

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chaosknight
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November 17, 2013, 03:21:58 AM
 #66

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.

Why not? It might hit 1 Trillion market cap just like that...
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November 17, 2013, 04:35:50 AM
 #67

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.

$100,000 and give them a 2 Trillion USD market cap Smiley

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November 17, 2013, 04:52:54 AM
 #68

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.

$100,000 and give them a 2 Trillion USD market cap Smiley

I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?

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November 17, 2013, 08:50:18 AM
 #69

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.

$100,000 and give them a 2 Trillion USD market cap Smiley

I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?

When banks are consfiscating money and further talking about doing it en mass, you just want protection from the criminals. A profit to boot is nice. And you are talking denomination.  Huh

It sounds like you are simplifying BTC, don't understand it and are ignoring economics.
Start with this video and view the regulation nightmare one. http://m.youtube.com/watch?v=qHUPPYzzZrI&desktop_uri=%2Fwatch%3Fv%3DqHUPPYzzZrI

You have stumbled upon an ant-fragile disruptive protocall. And it is just crawling out of its cacoon.
Enjoy the show...

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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November 17, 2013, 10:25:28 AM
 #70

When bitcoin is worth 100x of today, the government would hire a bunch of FBI just to close down those Bitcoin company... This is one of the best way to go out of debts..

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November 17, 2013, 10:40:35 AM
 #71

$100,000? wohoo, I will be millionaire if I have 10 BTC now!!

It's too much. Nobody will pay that amount for 1 coin. Not even 10,000 for 0.1 or 1000 for 0.01. It's insane.

1000-3000? Maybe...

You make 1,000 to 3,000 sound like a slim possibility when you put it like that.  It might not be a guarantee, but it's really not that far off from where we are now.

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November 17, 2013, 11:11:04 AM
 #72

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.

$100,000 and give them a 2 Trillion USD market cap Smiley

I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?

I heard they BTC can increase the decimal if the creator choose to, meaning 1 mBTC can become  1BTC and 1 BTC become 1000 BTC... something like that...
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November 17, 2013, 11:20:12 AM
 #73

I think $10,000 would be good for BTC. That gives BTC a market cap of 210 billion USD. Any higher and we're talking record market capitalization (over 40,000 to break it), which is unreasonable in the near future.

$100,000 and give them a 2 Trillion USD market cap Smiley

I think both are too high prices for one coin. And I also think dividing bitcoin will not catch. People want one bitcoin, not satoshis or mBTC. And a 'satoshi' is a serious denomination?

I heard they BTC can increase the decimal if the creator choose to, meaning 1 mBTC can become  1BTC and 1 BTC become 1000 BTC... something like that...

They can just make it more divisible if that is the consensus. Right now there are 8 decimal places, giving 1BTC = 100,000,000 bits.
This way that can increase the divisibility (move the decimal place over) without stealing your wealth like banks do through inflation.

IAS

BTC = Black Swan.
BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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November 17, 2013, 11:34:24 PM
 #74

i would like that i find some coins like that i am forgot about them

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