bryant.coleman
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Activity: 3766
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April 12, 2014, 07:21:14 AM |
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yeah when i said a better technology will overtake bitcoin , I was not talking about any shitty altcoin..! I was talking about a better technology , + a huge hype surrendering it with less flaws and better infrastructure around supporting it..! the example of Pyapal or Ebay may be considered as one example of what i'm talking .
It will be a great tragedy if the combined will of the politicians and bankers are able to defeat the Bitcoin. We have to fight had, to make sure that nothing like that will happen. |
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rohnearner
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April 12, 2014, 08:17:10 AM |
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It will be a great tragedy if the combined will of the politicians and bankers are able to defeat the Bitcoin. We have to fight har*d, to make sure that nothing like that will happen.
Even if we fight Hard we have to make sure we detect all the vulnerabilities of bitcoin and take them out of the bitcoin's eco system, the technology is still in beta phase it is still evolving, ..! |
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roslinpl
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Merit: 1199
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April 12, 2014, 10:00:51 AM |
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It will be a great tragedy if the combined will of the politicians and bankers are able to defeat the Bitcoin. We have to fight har*d, to make sure that nothing like that will happen.
Even if we fight Hard we have to make sure we detect all the vulnerabilities of bitcoin and take them out of the bitcoin's eco system, the technology is still in beta phase it is still evolving, ..! Maybe not really in beta phase but indeed it is still evolving and has been with us just from few years. It will bring a lit more to us in the futute. Perhaps 10k value too. |
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Kiki112
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April 12, 2014, 12:31:28 PM |
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might be 2016. or 2017.
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zeeshanblc
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April 13, 2014, 09:52:58 AM |
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hmmmm, NEVER not even then
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cech4204a
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April 13, 2014, 01:56:12 PM |
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When i did my simple calculation i got 187.000$ per piece under two very big conditions:
1. everyone in the world accepts bitcoin
2. all 24 million coins mined out
2.a) under 2014 conditions meaning no inflation/deflation effects or what so ever for future, which might be problematic for point 2.
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Bitcoin is DEAD
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Kiki112
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April 13, 2014, 03:46:37 PM |
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hmmmm, NEVER not even then
why do you think so? that's what people said for 100$ bitcoin when it was 1$  |
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friendly
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April 13, 2014, 06:07:49 PM |
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I think within 10 years it is possible. Or it will be replaced entirely within that time... sort of all or nothing.
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precrime3
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PM for journalist,typing,and data entry services.
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April 14, 2014, 02:40:12 AM |
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I think within 10 years it is possible. Or it will be replaced entirely within that time... sort of all or nothing.
Like the MySpace Facebook analogy? XD |
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friendly
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April 14, 2014, 03:14:34 AM |
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I think within 10 years it is possible. Or it will be replaced entirely within that time... sort of all or nothing.
Like the MySpace Facebook analogy? XD Pretty much. |
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Holm
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April 20, 2014, 05:24:48 PM |
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some day))))
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Maharaja
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April 20, 2014, 05:29:31 PM |
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I'm accumulating BTC for when it happens  . |
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cech4204a
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April 20, 2014, 08:27:20 PM |
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Maybe there will be bump in the price like the one from december, but it will not reach 10k$, maybe 3-5k$. Than we will have to wait another few months and again and again
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Bitcoin is DEAD
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Simon8x
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April 20, 2014, 08:47:04 PM |
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We won't see it this year or the next year IMO.
Bitcoin price may reach 10K 3-5 years from now, but that is just my speculation.
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Dogtanian
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April 20, 2014, 08:49:17 PM |
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We won't see it this year or the next year IMO.
Bitcoin price may reach 10K 3-5 years from now, but that is just my speculation.
Why wont it happen this near or next? IT's been slow this year but look at the speed and and value it shot up late last year. Same could happen this year. |
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Gervais
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April 20, 2014, 08:51:15 PM |
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The value all depends on demmand so get spreading the word and hope big merchants start accepting it.
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Simon8x
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April 20, 2014, 08:52:45 PM |
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We won't see it this year or the next year IMO.
Bitcoin price may reach 10K 3-5 years from now, but that is just my speculation.
Why wont it happen this near or next? IT's been slow this year but look at the speed and and value it shot up late last year. Same could happen this year. Unless we see some huge improvement in merchant acceptance, I doubt bitcoin price will go another 20x increase in 1 or 2 years. |
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cech4204a
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April 20, 2014, 08:53:42 PM |
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The value all depends on demmand so get spreading the word and hope big merchants start accepting it.
they don't want to accept it since they have nothing out of it except for the big risk of BTC getting banned or what soever. .. |
Bitcoin is DEAD
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precrime3
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April 20, 2014, 09:43:36 PM |
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I don't think we will ever break 4 digits unless these things happen:
1. A go-to person if something happens. Right now, it seems bitcoins best tech support is reddit and google. People, especially the more non-technical people, if they have a problem they want to talk to a person. I know this defeats the purpose of decentralization but face it, it needs to happen.
2. Higher difficulty. At first you guys are thinking what? I know, let me explain. If there is a higher difficulty, there is less chance that a 51% attack can occur, and thus double spending, forks, etc. If we can get a higher difficulty, to make the chances of a 51% attack basically 0, more merchants can adopt zero confirm transactions, or at the very most 1. 6 will seem like set in stone basically.
3. Goverment/legal support. Bitcoins, if ever wants to become a valid payment method, needs to comply with governments. If it wants to be international, that's going to take some work. Considering how long it takes for an international effort to happen, I seriously doubt that Bitcoin will be a legal globally accepted way to pay. if we can get the majority, say the US, China (big one right here), and most of Europe we should be okay.
4. MORE ATMS - ATMS > Adoption Rate > Liquidty > Market Stabiliation > Etc....
That's all I got from the top of my head if your looking for a numerical estimate? I'd say like 7-15 years.
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