Adrian-x
Legendary
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Activity: 1372
Merit: 1000
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November 22, 2013, 02:57:53 AM |
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That is the only way I will become a millionaire..... screw petty gains, $1000/BTC is nothing
You have to start somewhere, it will never be worth it if you decide to sell, it will be worth a million when you can get someone to agree with you
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Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
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cee3pee0
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Activity: 7
Merit: 0
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November 22, 2013, 03:48:43 AM |
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probably not gonna happen. but anything is possible
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oth
Newbie
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Activity: 2
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November 22, 2013, 04:08:28 AM |
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the more people use , maybe 5 years....
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PenAndPaper
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November 22, 2013, 04:17:14 AM |
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It's good to see people talking again about 100.000$ although i think the community is still shocked from the price dip of the last 2 days.
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bitmansachs
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November 22, 2013, 05:35:48 AM |
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reaching $100k could ultimately be more a function of a decline in value of dollar than a rise in the value of a bitcoin! maybe not take too long
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jarakteri
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November 22, 2013, 09:10:57 AM |
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It would be great if price of 1 BTC would rise to 100,000$ someday. Now is a good time to buy some BTCs.
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Alice_C
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Activity: 13
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November 22, 2013, 09:43:12 AM |
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I guess, never. Bitcoin has price because someone is willing to pay for it. Right now, because its price is going up, and Bitcoin is in short supply, people are willing to pay much money for it. And the ever-increasing demand for Bitcoin will keep driving the price up until people don't want to buy or hold it anymore. Would some one like to buy BTC for $100,000? Just to get $100,100 lately?
At that point, by the way, unless Bitcoin has become widely accepted as a legal means of exchange (as "money"), the price of BTC will collapse someday.
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beetcoin
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November 22, 2013, 10:05:02 AM |
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I guess, never. Bitcoin has price because someone is willing to pay for it. Right now, because its price is going up, and Bitcoin is in short supply, people are willing to pay much money for it. And the ever-increasing demand for Bitcoin will keep driving the price up until people don't want to buy or hold it anymore. Would some one like to buy BTC for $100,000? Just to get $100,100 lately?
At that point, by the way, unless Bitcoin has become widely accepted as a legal means of exchange (as "money"), the price of BTC will collapse someday.
or, you know, other cryptocurrencies will pop up.. not to take over BTC though.
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tescomatty
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November 22, 2013, 10:10:23 AM |
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At that point, by the way, unless Bitcoin has become widely accepted as a legal means of exchange (as "money"), the price of BTC will collapse someday.
This is the plan and has to happen before Bitcoin can reach $100,000 per BTC
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Okurkabinladin
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November 22, 2013, 10:24:18 AM |
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I guess, never. Bitcoin has price because someone is willing to pay for it. Right now, because its price is going up, and Bitcoin is in short supply, people are willing to pay much money for it. And the ever-increasing demand for Bitcoin will keep driving the price up until people don't want to buy or hold it anymore. Would some one like to buy BTC for $100,000? Just to get $100,100 lately?
At that point, by the way, unless Bitcoin has become widely accepted as a legal means of exchange (as "money"), the price of BTC will collapse someday.
or, you know, other cryptocurrencies will pop up.. not to take over BTC though. This. There already are cryptos that are far more convient for day to day trade. You also don´t use gold for buying food and paying bills, right? That said Btc could very well reach 100k by 2017, if current rate of growth holds. It would only take fraction of worlds wealth.
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Alice_C
Newbie
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Activity: 13
Merit: 0
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November 22, 2013, 10:37:28 AM |
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Bitcoin is about demand and supply. Who is ready to pay even $10,000 for it? Do YOU have this $10,000 to pay for it? How many ordinady people will pay $10,000 for 1BTC instead of spending it to food, house, cars and so on? Not so much, right? What will be done to the idea of BTC if only reach guys are able to buy it? I hope BTC is not about getting wealth doing nothing.
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wachtwoord
Legendary
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Activity: 2338
Merit: 1136
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November 22, 2013, 10:57:32 AM |
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Bitcoin is about demand and supply. Who is ready to pay even $10,000 for it? Do YOU have this $10,000 to pay for it? How many ordinady people will pay $10,000 for 1BTC instead of spending it to food, house, cars and so on? Not so much, right? What will be done to the idea of BTC if only reach guys are able to buy it? I hope BTC is not about getting wealth doing nothing.
They can spend $100 for 0.001 BTC surely
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PenAndPaper
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November 22, 2013, 11:02:26 AM |
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Bitcoin is about demand and supply. Who is ready to pay even $10,000 for it? Do YOU have this $10,000 to pay for it? How many ordinady people will pay $10,000 for 1BTC instead of spending it to food, house, cars and so on? Not so much, right? What will be done to the idea of BTC if only reach guys are able to buy it? I hope BTC is not about getting wealth doing nothing.
I have news for you. You don't have to buy 1 BTC. You can buy 0.1 or 0.24324 or 0.00067851 etc
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niothor
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November 22, 2013, 11:11:57 AM |
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04:04 PM on 12 March 2036.
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Okurkabinladin
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November 22, 2013, 12:03:06 PM Last edit: January 25, 2017, 05:51:23 AM by Okurkabinladin |
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04:04 PM on 12 March 2036.
You must be the most bullish polar bear I ever saw Or the most drunk ever. I love you. Will you take care for my children for me, please? I can promise you cozy life in country side. In mansion, servants, doggie. All that stuff and more. Just say yes this one time. I will take care of everything else for us.
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niothor
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November 22, 2013, 12:12:20 PM |
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04:04 PM on 12 March 2036.
You must be the most bullish polar bear I ever saw Or the most drunk one ever.........
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Mor_Nikvin
Newbie
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Activity: 4
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November 22, 2013, 01:37:27 PM |
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In March 2017.
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Jochen
Member
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Activity: 228
Merit: 10
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November 22, 2013, 01:54:46 PM |
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Bitcoin is about demand and supply. Who is ready to pay even $10,000 for it? Do YOU have this $10,000 to pay for it? How many ordinady people will pay $10,000 for 1BTC instead of spending it to food, house, cars and so on? Not so much, right? What will be done to the idea of BTC if only reach guys are able to buy it? I hope BTC is not about getting wealth doing nothing.
You can also divide the bitcoin.. And maybe they will use an alternate crypto like Litecoin or any for smaller transactions (food,drinks,...)
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PenAndPaper
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November 22, 2013, 02:10:36 PM |
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You can also divide the bitcoin.. And maybe they will use an alternate crypto like Litecoin or any for smaller transactions (food,drinks,...)
Although i like Litecoin to live as an alternative currency it's not in any way complementary to the bitcoin ecosystem.
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exstasie
Legendary
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Activity: 1806
Merit: 1521
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November 22, 2013, 02:12:33 PM |
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Bitcoin is about demand and supply. Who is ready to pay even $10,000 for it? Do YOU have this $10,000 to pay for it? How many ordinady people will pay $10,000 for 1BTC instead of spending it to food, house, cars and so on? Not so much, right? What will be done to the idea of BTC if only reach guys are able to buy it? I hope BTC is not about getting wealth doing nothing.
You can also divide the bitcoin.. And maybe they will use an alternate crypto like Litecoin or any for smaller transactions (food,drinks,...) This is when mBTC and satoshi's come into play. No one can really afford to buy or use a full BTC in today's market.
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