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im3w1l (OP)
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November 13, 2013, 02:43:36 AM |
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Imagine if bitcoins were worth 10000 dollars. How nice wouldn't that be? Do you think it will ever happen?
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wobber
Legendary
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Activity: 1064
Merit: 1001
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November 13, 2013, 02:47:31 AM |
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It's too much! 1000 is ok, but 10,000?? Let's be serious.
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If you hate me, you can spam me here: 19wdQNKjnATkgXvpzmSrkSYhJtuJWb8mKs
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noedaRDH
Full Member
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Activity: 182
Merit: 100
Finding Satoshi
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November 13, 2013, 02:50:43 AM |
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Only 10k? It's gotta be worth more than that if it's widely used.
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1NwGKiLcAngD1KiCCivxT6EDJmyXMGqM9q
Ask not what Bitcoin can do for you - ask what you can do for Bitcoin.
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jojo69
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Activity: 3178
Merit: 4369
diamond-handed zealot
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November 13, 2013, 03:00:40 AM |
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I'm holding for $7,000,000
10,000 is chicken feed
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This is not some pseudoeconomic post-modern Libertarian cult, it's an un-led, crowd-sourced mega startup organized around mutual self-interest where problems, whether of the theoretical or purely practical variety, are treated as temporary and, ultimately, solvable.
Censorship of e-gold was easy. Censorship of Bitcoin will be… entertaining.
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ablewasiereisawelba
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November 13, 2013, 03:20:51 AM |
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This would mean a market cap of ~200 billion.
This is certainly not impossible if bitcoin becomes a popular method of storing value, but still certainly a "black swan event".
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Elwar
Legendary
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Activity: 3598
Merit: 2386
Viva Ut Vivas
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November 13, 2013, 03:21:09 AM |
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10k? It's over 9000!  |
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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chriswilmer
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Activity: 1008
Merit: 1000
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November 13, 2013, 04:55:32 AM |
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10k? It's over 9000! I want to come back to these threads when bitcoins are in the $5000+ range... there will be so many Dragonball Z references...  |
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TERA
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November 13, 2013, 05:40:10 AM |
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I wouldn't like 10,000 much. The volatility would probably be mostly gone and I make much more profit by trading than just holding.
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antimattercrusader
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November 13, 2013, 05:45:07 AM |
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I'm imagining it as we speak. However, unfortunately, that does not seem to be having the desired effect.
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BTC: 13WYhobWLHRMvBwXGq5ckEuUyuDPgMmHuK
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bitboyben
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November 13, 2013, 06:24:46 AM |
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I'm with the Winkelvii
100x now so....
$40,000
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Why did I sell at $5! Come back to me my old bitcoin! 1GjeBGS4KrxKAeEVt8d1fTnuKgpKpMmL6S
If you don't like the price of BTC come back in 8 hours.
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superduh
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November 13, 2013, 06:40:16 AM |
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the market "cap" will never be correct due to all the missing/destroyed/too afraud to spend due to theft coins etc
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ok
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 13, 2013, 07:44:54 AM |
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Less coins available=higher value of the remaining ones.
Wonder if this was an intended feature?
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Look inside yourself, and you will see that you are the bubble.
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600watt
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Activity: 2338
Merit: 2106
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November 13, 2013, 07:45:44 AM |
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imagining the first "10 000 is boring" posts. |
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electronistul
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November 13, 2013, 07:52:45 AM |
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Less coins available=higher value of the remaining ones.
[...]
How about mining gets sooooo unprofitable that most (99.999%) people just stop doing that. How long would a transaction of this many satoshi take in this case - hypothetically just a couple of computers still run the software, for the sake of it - ? |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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November 13, 2013, 07:59:30 AM |
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Mining difficulty is adjusted to the hash rate of the network. If 90% of miners dropped out the difficulty would drop, which would yield a bigger return for the remaining miners. Not an issue in other words. There will always be miners, even when all they get is the transfer fees.
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Look inside yourself, and you will see that you are the bubble.
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TERA
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November 13, 2013, 08:15:28 AM |
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100 million dollar pizza.
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BitchicksHusband
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November 13, 2013, 08:18:09 AM |
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Less coins available=higher value of the remaining ones.
[...]
How about mining gets sooooo unprofitable that most (99.999%) people just stop doing that. How long would a transaction of this many satoshi take in this case - hypothetically just a couple of computers still run the software, for the sake of it - ? The same 10 minutes per confirmation as always? |
1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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tutkarz
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November 13, 2013, 11:27:50 AM |
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Less coins available=higher value of the remaining ones.
[...]
How about mining gets sooooo unprofitable that most (99.999%) people just stop doing that. How long would a transaction of this many satoshi take in this case - hypothetically just a couple of computers still run the software, for the sake of it - ? sorry but how mining could be unprofitable with price of $10000 (and probably still rising) per bitcoin? |
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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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November 13, 2013, 11:33:13 AM |
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It's too much! 1000 is ok, but 10,000?? Let's be serious.
He said "imagine". I do it all the time with the lottery. You should try it. Great way to kill time on my public bus commutes around the city. ;-) |
more or less retired.
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phlogistonq
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November 13, 2013, 11:53:14 AM |
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I think we'll at least test $10,000 once in our lifetime.
Take it a little further... Imagine when entire countries see the light and begin to rely on bitcoins to store national wealth rather than gold.
And a rather significant fractions will have become lost by then.
$1000,000 easily!
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