El Cabron (OP)
Gnomo
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November 13, 2013, 06:30:01 PM |
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Right now at $430 it takes 2325BTC
(If you hold 2,100BTC you need the price to be $476.19)
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Gordon_Freeman
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November 13, 2013, 07:24:06 PM |
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Some predictions:
13.11.2013 - 2325BTC
13.11.2015 - 232.5BTC
13.11.2017 - 23.25BTC
13.11.2019 - 2.325BTC
13.11.2021 - 0.002325BTC - USD HyperInflated
Hyperinflation will occur much sooner than 2021, don't you think? |
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AndrewWilliams
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Fourth richest fictional character
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November 13, 2013, 07:42:10 PM |
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Something very disconcerting about the thought of people holding as little as 2 BTC as millionaires in the future, LOL.
Talk about a power shift!
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Lauda
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November 13, 2013, 07:45:19 PM |
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Something very disconcerting about the thought of people holding as little as 2 BTC as millionaires in the future, LOL.
Talk about a power shift!
Yeah we will have many rich people.  |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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AndrewWilliams
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November 13, 2013, 07:50:22 PM |
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Yeah we will have many rich people. Yeah. Alot of nerdy types and alternative type thinkers, that's for sure, LOL. People will be like, how can that person afford a Rolls Royce?  In social circles, there will be old money, new money, and Bitcoin money. |
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Lauda
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November 13, 2013, 07:54:04 PM |
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That's why investing in Crypto right now is a good option. If I ever get $100,000 out of it, it will be probably my best investment ever.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Gordon_Freeman
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November 13, 2013, 07:55:24 PM |
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Yeah we will have many rich people. Yeah. Alot of nerdy types and alternative type thinkers, that's for sure, LOL. People will be like, how can that person afford a Rolls Royce? In social circles, there will be old money, new money, and Bitcoin money. Let's not get ahead of ourselves! That's why investing in Crypto right now is a good option. If I ever get $100,000 out of it, it will be probably my best investment ever.
What's this? Sorry I'm new lol |
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Lauda
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November 13, 2013, 07:58:19 PM |
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That's why investing in Crypto right now is a good option. If I ever get $100,000 out of it, it will be probably my best investment ever.
What's this? Sorry I'm new lol Let's say you invest now and buy 5 BTC for ~ $2000 In 5 - 10 years that turns into $100,000 , wouldn't that be a very good investment. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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beetcoin
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November 13, 2013, 08:00:49 PM |
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ugh, i wish i'd have purchased more bitcoins (i know, everyone says this). i stopped following BTC for a while too. it would give me the flexibility and power to live my life freely.
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Lauda
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November 13, 2013, 08:06:55 PM |
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There is no better time to buy than the present.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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Pajamaw
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November 13, 2013, 08:14:50 PM |
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There is no better time to buy than the present.
As much as I love idioms, now is definitely not the right time to buy. Sure it may go up incrementally, or even explosively in the next couple weeks, but right now BTC is in a huge bubble, and throwing down money now instead of waiting a month or so will probably end up costing you money unless you can play the short run well enough. Cause ya know what they say... A penny saved is a penny earned. |
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drrussellshane
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November 13, 2013, 08:15:04 PM |
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There is no better time to buy than the present.
It's always the present! |
Buy a TREZOR! Premier BTC hardware wallet. If you're reading this, you should probably buy one if you don't already have one. You'll thank me later.
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Lauda
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Terminated.
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November 13, 2013, 08:17:30 PM |
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There is no better time to buy than the present.
As much as I love idioms, now is definitely not the right time to buy. Sure it may go up incrementally, or even explosively in the next couple weeks, but right now BTC is in a huge bubble, and throwing down money now instead of waiting a month or so will probably end up costing you money unless you can play the short run well enough. Cause ya know what they say... A penny saved is a penny earned. First: It is not a huge bubble. Second: It is not a bubble at all. After the ETF you will regret not listening to me. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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ajax3592
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Crypto News & Tutorials - Coinramble.com
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November 13, 2013, 08:33:17 PM |
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There is no better time to buy than the present.
As much as I love idioms, now is definitely not the right time to buy. Sure it may go up incrementally, or even explosively in the next couple weeks, but right now BTC is in a huge bubble, and throwing down money now instead of waiting a month or so will probably end up costing you money unless you can play the short run well enough. Cause ya know what they say... A penny saved is a penny earned. First: It is not a huge bubble. Second: It is not a bubble at all. After the ETF you will regret not listening to me. No matter what you say, I do have a gut feeling we will have a similar drop like Silk Road time in coming 4 months |
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AndrewWilliams
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November 13, 2013, 08:57:46 PM |
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When is the expected debut of the ETF?
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Lauda
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November 13, 2013, 09:00:11 PM |
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No matter what you say, I do have a gut feeling we will have a similar drop like Silk Road time in coming 4 months
The price recovered within the same day. I don't understand what your point is? |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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BittBurger
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November 13, 2013, 09:08:28 PM |
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right now BTC is in a huge bubble LOL !! I love it. The never ending Bubble. At least now the bubble boys are calling it a "huge" bubble. Before it was just a "big" bubble ... Bubble boys .... this bubble sure is lasting a long time. At what point do you guys stop calling it a bubble and start recognizing it for what it is? Worldwide propagation of an ingenious new financial technology that is being adopted by tens of thousands of merchants as we speak, currently conducting over 86,000 transactions PER DAY by consumers, and is capable of providing 6 billion humans without a bank account the ability to hold and transact money for the first time in human history? Bitcoin. |
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Lauda
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November 13, 2013, 09:12:06 PM |
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When is the expected debut of the ETF?
I believe Q1 in 2014 to be the longest possible period of wait. They have submitted the application or whatever is necessary for it. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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jamesg
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AKA: gigavps
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November 13, 2013, 09:12:18 PM |
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Worldwide propagation of an ingenious new financial technology that is being adopted by tens of thousands of merchants as we speak, currently conducting over 86,000 transactions PER DAY by consumers, and is capable of providing 6 billion humans without a bank account the ability to hold and transact money for the first time in human history?
Bitcoin.
Well said. |
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Lauda
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Terminated.
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November 13, 2013, 09:24:14 PM |
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Worldwide propagation of an ingenious new financial technology that is being adopted by tens of thousands of merchants as we speak, currently conducting over 86,000 transactions PER DAY by consumers, and is capable of providing 6 billion humans without a bank account the ability to hold and transact money for the first time in human history?
Bitcoin.
Well said. It will be very useful for future reference. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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