RappelzReborn
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August 21, 2014, 04:09:35 PM |
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Like if this will ever happen 10k $ meh .. I don't think so
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BADecker
Legendary
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Activity: 3962
Merit: 1382
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August 21, 2014, 04:15:41 PM |
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Nobody knows when Bitcoin will hit $10,000. For it to do so, the banking system will have to remain in existence. Yet basic financial concepts suggest that a BIG banking crash is due any time. In fact, it is probably only the inertia of the people using fiat for their everyday lives that is keeping the crash from coming. Things in places like Ferguson, MO, just might set it all off. The point is, if the fiats crash, even only part of the way, and Bitcoin goes to $10,000 or more a bitcoin by the end of 2014, airline flights might not be available for anyone to go anywhere. Chain reactions might do anything to the economy. It can happen fast. Consider the chain reaction of neutrons colliding in an atomic bomb. FAST!
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DomoMan
Newbie
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Activity: 28
Merit: 0
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August 21, 2014, 04:28:44 PM |
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The question is: When will BTC have the purchasing power of 10K? In other words, when will I be able to buy a regular cheap car with 1BTC?
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BADecker
Legendary
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Activity: 3962
Merit: 1382
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August 21, 2014, 04:42:00 PM |
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The question is: When will BTC have the purchasing power of 10K? In other words, when will I be able to buy a regular cheap car with 1BTC?
Yes. That would be nice to know. I sure hope that the crash doesn't accelerate so fast that there is a major disruption in things that money can buy before I get to cash in some of my bitcoins and spend the fiat.
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Dafar (OP)
Legendary
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Activity: 1330
Merit: 1000
dafar consulting
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August 21, 2014, 04:58:16 PM |
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The question is: When will BTC have the purchasing power of 10K? In other words, when will I be able to buy a regular cheap car with 1BTC?
When I say I want BTC to rise to $10K... I'm talking about $10K in today's purchasing power... not some bullshit inflated $10k that buys you a cup of coffee, that's useless
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DomoMan
Newbie
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Activity: 28
Merit: 0
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August 21, 2014, 05:09:40 PM |
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The question is: When will BTC have the purchasing power of 10K? In other words, when will I be able to buy a regular cheap car with 1BTC?
When I say I want BTC to rise to $10K... I'm talking about $10K in today's purchasing power... not some bullshit inflated $10k that buys you a cup of coffee, that's useless Exactly, but thats what I want. Also, why would you cash out in FIAT? Isn't the point of BTC being a currency where you buy directly with BTC? Shouldn't you save taxes too? Let's say BTC goes to 10K out of nowhere in a huge rally in the next 10 years and we all become millonaires. Would you really cash out a big quantity of that BTC into fiat? they would fuck you up with taxes real bad.
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Dafar (OP)
Legendary
Offline
Activity: 1330
Merit: 1000
dafar consulting
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August 21, 2014, 05:39:09 PM |
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The question is: When will BTC have the purchasing power of 10K? In other words, when will I be able to buy a regular cheap car with 1BTC?
When I say I want BTC to rise to $10K... I'm talking about $10K in today's purchasing power... not some bullshit inflated $10k that buys you a cup of coffee, that's useless Exactly, but thats what I want. Also, why would you cash out in FIAT? Isn't the point of BTC being a currency where you buy directly with BTC? Shouldn't you save taxes too? Let's say BTC goes to 10K out of nowhere in a huge rally in the next 10 years and we all become millonaires. Would you really cash out a big quantity of that BTC into fiat? they would fuck you up with taxes real bad. Unless I can use bitcoin to purchase hookers and blow, yes i will cash out
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williamj2543
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August 21, 2014, 07:22:55 PM |
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Count me in, how many BTCs did you buy exactly? An increase of 20x is insane if you have lots of money in this.
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egghead123
Legendary
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Activity: 1330
Merit: 1000
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August 21, 2014, 07:29:47 PM |
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Hook me up with this offer..I also like to get drunk at the weekends if someone else is paying the tab ..thanks in advance
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ReBoRn
Sr. Member
Offline
Activity: 392
Merit: 250
Bitcoin will survive
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August 22, 2014, 03:11:52 PM |
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Like if this will ever happen 10k $ meh .. I don't think so no body knows dude , no body knows Yes any thing is possible in this world just four year ago no one know this is going to touch 1000 and its happen
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cisahasa
Legendary
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Activity: 910
Merit: 1000
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August 22, 2014, 03:25:50 PM |
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no seeing this happening
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Grownwithbtc
Newbie
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Activity: 59
Merit: 0
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August 22, 2014, 03:36:47 PM |
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Probably you wont, but I still believe in BTC :}
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SpongeBTCants
Newbie
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Activity: 28
Merit: 0
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August 22, 2014, 04:19:48 PM |
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How about OP resets it for next year (xmas 2015)
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martinnew
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August 23, 2014, 04:18:03 PM |
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Treat me by sending that HOPE shirt when 1BTC equals 10k, make it one dozen.
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waqas
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August 23, 2014, 06:14:28 PM |
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Probably you wont, but I still believe in BTC :}
Yes I also still believe in btc and hope is best thing which is first step in our success
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Winner
Legendary
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Activity: 1190
Merit: 1000
Look ARROUND!
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September 03, 2014, 09:18:08 AM |
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I doubt that'll happen considering the time we have left lol
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| | . • Telegram • ANN Thread • Bounty Thread • Whitepaper |
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boumalo
Legendary
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Activity: 1918
Merit: 1018
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September 07, 2014, 09:42:32 AM |
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no seeing this happening
Something dramatic would have to happen within 4months like a Dollar Collapse, a War, even some heavy positive regulation or Bitcoin integration to a multi national company such as Amazon would probably not be enough
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martinnew
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September 07, 2014, 03:48:24 PM |
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no seeing this happening
Something dramatic would have to happen within 4months like a Dollar Collapse, a War, even some heavy positive regulation or Bitcoin integration to a multi national company such as Amazon would probably not be enough A war? No one would like BTC to be 10k in exchange of war.
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mustang77
Newbie
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Activity: 56
Merit: 0
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September 07, 2014, 10:40:46 PM |
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Give us a nice treat next year
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TheButterZone
Legendary
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Activity: 3066
Merit: 1032
RIP Mommy
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September 07, 2014, 11:09:57 PM |
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no seeing this happening
Something dramatic would have to happen within 4months like a Dollar Collapse, a War, even some heavy positive regulation or Bitcoin integration to a multi national company such as Amazon would probably not be enough A war? No one would like BTC to be 10k in exchange of war. Wars are constantly raging. I will gladly see a permanent price floor of USD $10k BTC established in exchange for all war ending for the rest of time.
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Saying that you don't trust someone because of their behavior is completely valid.
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