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Author Topic: Today BTC = $800, $9200 to go and why 10 BTC will never make you rich  (Read 8313 times)
Dalmar
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January 27, 2014, 03:59:55 PM
 #21

lol dogecoin

Yeah, Doge is the Zimbabwean dollar of cryptos.

But apparently this has positive affects on trade volumes.


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thms
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January 27, 2014, 04:03:04 PM
 #22

That's hardly a buzz, and even if it was, "oh there's only 21 billion" would also be a buzz

millions sounds rare and exclusive hence why it incentives people to hoard so much.. billions or trillions on the other hand start to sound more Zimbabwean.

SO you agree that it's all psychological.
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January 27, 2014, 04:03:28 PM
 #23

That's hardly a buzz, and even if it was, "oh there's only 21 billion" would also be a buzz

millions sounds rare and exclusive hence why it incentives people to hoard so much.. billions or trillions on the other hand start to sound more Zimbabwean.

lol dogecoin

because electricity is important ... I bought a billion tesla bank note to print in it my Bitcoin Armory offline wallet bak Wink


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January 27, 2014, 04:05:13 PM
 #24

Some of you hodlers make bitcoin look like a ponzi scheme. Tone it down.

Yeah! Don't get excited about a technology you think might have the potential to change the world. Go sit quietly in a corner by yourself and reflect on this until you can learn to be a zombie like everyone else.

Edit: Especially on a forum dedicated to discussion of said technology!

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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January 31, 2014, 10:19:43 PM
 #25

 

I might be thick, but I don't understand this bet.

Surely the smart thing would be to just vote No and then you still get 1.5x your investment back.  If it does reach 10k then you are happy anyway cos the coins you are hodling are now worth a fortune.  Seems like a win/win scenario or I missing something?

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January 31, 2014, 10:37:37 PM
 #26

A price of let's say, even 10,000 will make the 1k BTC holder worth 100 million USD.
I like your math. Smiley
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January 31, 2014, 10:56:58 PM
 #27

As the price has doubled more than 16 times over its lifespan, it could easily double a few times more. So, I think the only way to judge the maximum price is by how wealthy the elites such as the Winkelvii will be allowed to get, before capital flows to alt coins such as Litecoin.
the richest men in the world are multi billionaires, 27Billion is a cool sum. There are 1500billionaires in the world. There are hundreds of thousands of millionaires.

so lets say the Winkevii's stash is worth 30Bln some day. 100,000BC= $30,000,000,000,  1BC=$30,000.

but lets not forget that there are 1500 billionaires and a hundred thousand millionaires in the world to make this puppy fly.....

So lets say, some of those billionaires must be replaced because of the fundamental shift in wealth thats going on here.

Lets say then that at least 1 trillion market cap is required before the Billionaires are just balanced out between BTC/USD.

=> $100,000 BTC



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February 01, 2014, 12:21:57 AM
 #28

A price of let's say, even 10,000 will make the 1k BTC holder worth 100 million USD.
I like your math. Smiley

Yeah, 1000 bitcoins X 10,000 per bitcoin isn't 100 million, but 10 million.

:-)
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February 01, 2014, 01:14:56 AM
 #29

Some of you hodlers make bitcoin look like a ponzi scheme. Tone it down.

Yeah! Don't get excited about a technology you think might have the potential to change the world. Go sit quietly in a corner by yourself and reflect on this until you can learn to be a zombie like everyone else.

Edit: Especially on a forum dedicated to discussion of said technology!

It isnt that the tech. isnt valuable it is. It is that bitcoin is not valuable. The protocol is valuable but that is not proprietary. See banks and creditors dont need bitcoin they will just take the BTC off the front and put PP usd or visa usd they will adopt the tech and ditch the bitcoin itself. 
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February 01, 2014, 01:19:21 AM
 #30

OPs numbers are wrong. The latest projection by the rocket fueled turbobulls is $80,000,000. Confirmed.
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February 01, 2014, 01:23:00 AM
 #31

Come talk to me in April, then come talk to me in November. You might have a different outlook.

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February 01, 2014, 01:23:12 AM
 #32

bitcooin itself is already valued at $100k

its just the network and infastructure that isnt there to support it

also, probably 99% of people who heard about bitcoin doesnt realize this fact


wat?




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sublime5447
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February 01, 2014, 01:23:26 AM
 #33

http://bitbet.us/bet/635/1btc-10-000-usd/   this is just like InTrade... This business model didnt work out for Intrade the CFTC shut them down.
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February 01, 2014, 01:25:08 AM
 #34

bitcooin itself is already valued at $100k

its just the network and infastructure that isnt there to support it

also, probably 99% of people who heard about bitcoin doesnt realize this fact


wat?

They are just saying that if it had widespread adoption the price per BTC would be 100k each... Pipe dream Tongue
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February 01, 2014, 01:44:59 AM
 #35

The smell of cult is strong in this one.





Technical Analysis cultists drinking the TA Koolade?
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February 01, 2014, 02:07:42 AM
 #36

The smell of cult is strong in this one.





Technical Analysis cultists drinking the TA Koolade?

So, is that an elliot wave?

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February 01, 2014, 02:29:59 AM
 #37

Unfortunately I´m an late BTC adaptor (april 2013) and a member here since 2-3 months. I wonder, were this threads also like this 1-2 years ago? I mean, were people making threads with "will Bitcoin ever reach $10 or $100"?? I ask this because maybe we are awaiting too much grow from BTC at this point? I myself also cant imagine that 1BTC will be even worth $10.000.
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February 01, 2014, 02:34:28 AM
 #38

Unfortunately I´m an late BTC adaptor (april 2013) and a member here since 2-3 months. I wonder, were this threads also like this 1-2 years ago? I mean, were people making threads with "will Bitcoin ever reach $10 or $100"?? I ask this because maybe we are awaiting too much grow from BTC at this point? I myself also cant imagine that 1BTC will be even worth $10.000.


Oh ya I have been bearish since 22 usd. and remain bearish BTC's valuation is totally unjustified its a tulip bubble.
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February 01, 2014, 02:54:07 AM
 #39

You call 1,000,000 USD nothing?
I´ve invested almost 3,000USD so far and i´m halfway to my 10BTC so 1,000,000 USD in the future sounds dreamy awesome if you ask me  Grin

Oh wait, an ASIC being late is perfectly normal, predictable, and legal... - Hashfast_CL
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February 01, 2014, 03:05:46 AM
 #40

Unfortunately I´m an late BTC adaptor (april 2013) and a member here since 2-3 months. I wonder, were this threads also like this 1-2 years ago? I mean, were people making threads with "will Bitcoin ever reach $10 or $100"?? I ask this because maybe we are awaiting too much grow from BTC at this point? I myself also cant imagine that 1BTC will be even worth $10.000.

yes in early 2012 talking seriously about 100 dollar coins was laughed at like rpietelia 300k was in mid 2013.  lots of miners were saying "btc will never get above the 10.   im selling everything I mine to you forum suckers lol!"

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