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Rupture
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November 16, 2013, 09:49:05 PM |
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Yay! Next stop 21m
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Rluner (OP)
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November 16, 2013, 10:02:09 PM |
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12 Million now!
Gz
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protokol
Legendary
Offline
Activity: 1188
Merit: 1016
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November 16, 2013, 10:38:04 PM |
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Yay! Next stop 21m 1 - Aquire some coins, wait till price reaches 1m USD. 2 - Pay in BTC for cryogenic freezing of your body (together with a paper wallet containing 1 BTC, and a Block Erupter) in the event of your death, with instructions to revive in the year 2140 2135. 3 - Commit suicide in a publicity stunt involving Bitcoin (Maybe use your leftover BTC to buy a Rolls-Royce and drive it out the back of a plane you hired with BTC, with some naked bitches you tricked into coming aboard by flashing your phone wallet?). Price rises. 4 - Awaken in the year 2135, Everyone's dead, but you find a small deserted museum with some shitty looking computer exhibits, apparently powered by geothermal energy. You smash the glass surrounding an exhibit, happily plug your Block Erupter into a spare USB, and quickly mine the last ever satoshi. 5 - 6 - Profit?
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rampalija
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November 16, 2013, 10:40:29 PM |
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price will never reach 1mil, cuz there is no money in whole world 21 000 000 BTC X 1 000 000 $
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Jos-T
Newbie
Offline
Activity: 49
Merit: 0
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November 16, 2013, 11:00:26 PM |
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price will never reach 1mil, cuz there is no money in whole world 21 000 000 BTC X 1 000 000 $
Apart from the fact that there is...
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sonikku13
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November 16, 2013, 11:07:02 PM |
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Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
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AMD Ryzen 7 1800X, Radeon R9 Fury X, ASUS Prime X370 Pro, 16 GB DDR4-3200 SDRAM, 240 GB SanDisk Extreme Pro BTC: 161E5TTNh1GjdgYUC1WJ8zpFXKZoDJDKoL ETH: 0x8e0c8401EABDBa8bF4f26B05ae6B3516669EdA4a
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Corenin
Legendary
Offline
Activity: 1008
Merit: 1000
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November 17, 2013, 12:33:03 AM |
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Woohoo, 12million BTC, but it doesn't seems to change anything...
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whitemage
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November 17, 2013, 10:17:28 AM |
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Yay! Next stop 21m Nah next stop 13 million
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pabloangello
Legendary
Offline
Activity: 1344
Merit: 1001
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November 17, 2013, 10:45:41 AM |
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Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
That's informative thought, thanks!
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Undefeatable
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November 17, 2013, 12:22:38 PM |
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Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
Alright, $22,564 seems like a figure that can achieve right? we will know that 10 years later...
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Omikifuse
Legendary
Offline
Activity: 1848
Merit: 1009
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November 17, 2013, 02:42:54 PM |
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Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
Alright, $22,564 seems like a figure that can achieve right? we will know that 10 years later... Nothing is impossible, we just have to wait...
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SuperHakka
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November 17, 2013, 02:45:45 PM |
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satoshi one smart mofoker, I 'm sure he chose 21 m , such a small number and not 21 trillion because he knows that 21 million gives good chance of a high dollar price per btc within short time leading to investment activity. those who don't know wat I;m talking should research penny stock effect. bye!
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'First they ignore you. Then they laugh at you. Then they attack you. Then you win.' - Mohandas Gandhi "Whenever I'm about to do something, I think, 'Would an idiot do this?' and if he would, I do not do that thing." - Dwight Schrute
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rampalija
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November 17, 2013, 05:57:23 PM |
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satoshi one smart mofoker, I 'm sure he chose 21 m , such a small number and not 21 trillion because he knows that 21 million gives good chance of a high dollar price per btc within short time leading to investment activity. those who don't know wat I;m talking should research penny stock effect. bye!
give us a link to fint what is that effect
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xan_The_Dragon
Sr. Member
Offline
Activity: 322
Merit: 250
I AM A DRAGON
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November 18, 2013, 07:23:38 PM |
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Well, right now Apple's market cap is 472.35 billion USD. Divide that by 21 million BTC, and you get 22,564.28 per BTC. Seems like potential.
dont forget about lost coins
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MfFMEpgL5Ma9C2yw6iSsSX4QcbSVzjm6iK
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iCEBREAKER
Legendary
Offline
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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November 18, 2013, 07:43:30 PM |
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satoshi one smart mofoker, I 'm sure he chose 21 m , such a small number and not 21 trillion because he knows that 21 million gives good chance of a high dollar price per btc within short time leading to investment activity. those who don't know wat I;m talking should research penny stock effect. bye!
Agree. Using the 'Bitcoin|Startup' metaphor, the number of BTC now in circulation corresponds to the number of (basic) shares issued. Most companies have far more than 12M shares out (EG, Goldcorp has 800M+ outstanding). 12M is considered an extremely tight share structure, which for investors is very much preferable to a loose, diluted one. The next 10M BTC may be considered options and warrants, unissued shares to be released at a future date. But we know almost exactly when they will be exercised. Even fully diluted, 21M is still an incredibly small number of shares, making prices gains more rapid and permanent.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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mrhelpful
Legendary
Offline
Activity: 1456
Merit: 1002
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November 18, 2013, 08:30:26 PM |
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I hope it hits 20 million now.. lol
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Mondy
Member
Offline
Activity: 112
Merit: 10
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November 19, 2013, 12:53:09 AM |
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Woahhhholy shit! thats a lot of bitcoins!
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rampalija
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November 26, 2013, 10:25:56 PM |
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12 000 000 now, but 21 000 000 will not gonna be alive to see it
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