Sunk in the South Sea by Chinese iceberg

[JimboToronto]

It's never too late to buy and hoard. Sure, it would have been nice to get coins for pennies or a few dollars each but those days are gone.

When coins are worth over $10k or over $100k each, quibbling over having paid $100 or $1000 will seem as foolish as worrying today about having spent $.01 or $1 a few years ago.

One of the best quotations I've gleaned from this forum is, "The best time to plant a tree is 20 years ago, the second best time is today".

[Mirsad]

When coins are worth over $10k or over $100k each, quibbling over having paid $100 or $1000 will seem as foolish as worrying today about having spent $.01 or $1 a few years ago.

If ever...
How should it work without enormous amounts of fiat money?
Only way is to tell all, that they should never sell -> just like a card house... if you pick the wrong card -> CRASH!

I'll post here to tell you in 2-5 years, when bitcoin is history and lots of lifes are destroyed due to poor decisions (bitcoin loans, ...). History repeats itself. Funny to watch. Greed has taken over.

[gentlemand]

The enormous amounts of fiat money would be from institutional investors and major players. Right now the entirety of Bitcoin is less than chump change to any of them.

Making the transition from a market cap that entices enthusiast investors to professionals is where things might falter.

If it can't make that leap then it most definitely still has a future, perhaps a 'purer' one, but it won't reach the serious figures being thrown around.

[SuperHakka]

@gentleman, we are long way from insitituional investing. believe me brah, it took like 20 years before institutions started believing hedgies were safe enough to put pension money in. btc, with all the government smakcdown? not any time soon mate. the trustees don't want to risk gaol time.

i got btccharts up on a screen, this is exciting I wish i had some popcorn. i still belive we are on a -90% correction. i can feel it in me joints. get out ye bulls before the market hands yer arse on a plate to ye.

look at the chart, its fudging epic indications of meltdown

on the sad side, i think this bubble has a chance to destroy bitcoin

[humanitee]

@gentleman, we are long way from insitituional investing. believe me brah, it took like 20 years before institutions started believing hedgies were safe enough to put pension money in. btc, with all the government smakcdown? not any time soon mate. the trustees don't want to risk gaol time.

i got btccharts up on a screen, this is exciting I wish i had some popcorn. i still belive we are on a -90% correction. i can feel it in me joints. get out ye bulls before the market hands yer arse on a plate to ye.

look at the chart, its fudging epic indications of meltdown

on the sad side, i think this bubble has a chance to destroy bitcoin

I can see you don't want Bitcoin to succeed. 

[SuperHakka]

@gentleman, we are long way from insitituional investing. believe me brah, it took like 20 years before institutions started believing hedgies were safe enough to put pension money in. btc, with all the government smakcdown? not any time soon mate. the trustees don't want to risk gaol time.

i got btccharts up on a screen, this is exciting I wish i had some popcorn. i still belive we are on a -90% correction. i can feel it in me joints. get out ye bulls before the market hands yer arse on a plate to ye.

look at the chart, its fudging epic indications of meltdown

on the sad side, i think this bubble has a chance to destroy bitcoin

I can see you don't want Bitcoin to succeed. 

you know nothing about me mate, i just want to buy back in at 100, i told you that before remember?

[darkmule]

on the sad side, i think this bubble has a chance to destroy bitcoin

Like the last one, and the one before that?  I suppose it does have a chance to do that, sort of like I have a chance to guess at random a brainwallet passphrase that gets me all of DPR's buried loot.