okthen
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June 30, 2014, 09:22:56 PM |
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the price of Bitcoin is exceeding 64 bitcorns on the last day of June.. A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014 I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that. I think he is officially wrong in half of the world now.
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leex1528
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July 01, 2014, 01:28:32 PM |
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When did he make that prediction?
Can't really laugh at people for making guesses though...And thats all it is, a guess on what will happen to the price!
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zimmah
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Activity: 1106
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July 01, 2014, 02:51:44 PM |
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it's funny when it comes from a professor who teaches economy though. And the fact that it was so obviously wrong even at the time he predicted it.
In fact most people would probably take him more seriously if he predicted $10 per millibitcoin.
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bananaControl
Sr. Member
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Activity: 322
Merit: 250
Decentralize All The Things!
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July 01, 2014, 11:02:05 PM |
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When did he make that prediction?
Can't really laugh at people for making guesses though...And thats all it is, a guess on what will happen to the price!
You don't think a professor should be able to at least make a qualified guess on something in his area of expertise, a guess that is more than a total joke from day one?
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BTCINVESTOR
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Activity: 176
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Cryptographic money will be the bedrock in time.
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July 02, 2014, 12:16:51 AM |
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I don't think we will see it hit $100,000 although I would love to see it. I suspect that altcoins and upgrades to math based currencies will bleed away a lot of bitcoin's marketshare over time. I wouldn't be surprised to see it hit 20-30K though.
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Math based currencies will supplant all sovereign currencies over time. Buy them now.
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Skele
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Merit: 100
VocalPlatform.com
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July 02, 2014, 12:59:01 AM |
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So much talking about the price, why you don't just accept Bitcoin as a new innovative and amazing economy step for humanity ?
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Hexcoin
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July 02, 2014, 09:28:26 AM |
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100K, can't say anything about this but we will see price over $2000 mark this year
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Febo
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July 02, 2014, 12:10:18 PM |
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oh it will be few millions.
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williamj2543
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July 19, 2014, 07:47:32 PM |
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I am a believer. I really hope so also cause I have a nice amount of bit coins.
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Benjig
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July 19, 2014, 08:02:26 PM |
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it's funny when it comes from a professor who teaches economy though. And the fact that it was so obviously wrong even at the time he predicted it.
In fact most people would probably take him more seriously if he predicted $10 per millibitcoin.
10,000 per bitcoin is more realistic, at least at short term, in future years we dont know what will happen to fiat empires.
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keithers
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This is the land of wolves now & you're not a wolf
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July 19, 2014, 08:55:37 PM |
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the price of Bitcoin is exceeding 64 bitcorns on the last day of June.. A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014 I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that. I think he is officially wrong in half of the world now. I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000
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williamj2543
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July 19, 2014, 08:58:04 PM |
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the price of Bitcoin is exceeding 64 bitcorns on the last day of June.. A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014 I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that. I think he is officially wrong in half of the world now. I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000 Realistically I see it sitting at either 100, 1,000, or 100,000 dollars. I don't see it being a random number because I think you should be able to easily convert it in your head. Out of those 3 I think that it will most likely be 1,000, but I'm not an expert or anything.
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hodlmybtc
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July 20, 2014, 02:43:30 AM |
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the price of Bitcoin is exceeding 64 bitcorns on the last day of June.. A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014 I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that. I think he is officially wrong in half of the world now. I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000 If you are bullish how can you ever think BTC will go to $10 before $100,000? The chance that the price will fall to $10 is almost zero. Even if SHA-256 is cracked it will be replaced fast by SHA-512 or whatever and there would be bigger problems in the world. Previous bubbles have shown that there is just so much demand for BTC, after each new high there are higher lows and it's even very unlikely $330 will be seen again. Along with all the great news lately how do you think it is far more likely?
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arbitrage001
Legendary
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Activity: 1067
Merit: 1000
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July 20, 2014, 02:51:16 AM |
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the price of Bitcoin is exceeding 64 bitcorns on the last day of June.. A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014 I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that. I think he is officially wrong in half of the world now. I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000 If you are bullish how can you ever think BTC will go to $10 before $100,000? The chance that the price will fall to $10 is almost zero. Even if SHA-256 is cracked it will be replaced fast by SHA-512 or whatever and there would be bigger problems in the world. Previous bubbles have shown that there is just so much demand for BTC, after each new high there are higher lows and it's even very unlikely $330 will be seen again. Along with all the great news lately how do you think it is far more likely? Should know by now any event is possible however unlikely it is. Has it occur to anyone that Fannie Mae, which is backed by US government, a company with close to 100 billion market cap before 2008, will go bankrupt and need bail out from taxpayer?
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Chef Ramsay
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Activity: 1568
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July 20, 2014, 03:10:22 AM |
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the price of Bitcoin is exceeding 64 bitcorns on the last day of June.. A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014 I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that. I think he is officially wrong in half of the world now. I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000 Inflation alone should tell you that going that low isn't very likely. I'd consider that statement to be beyond bearish to say the least. I doubt all this investment money pouring in now and in the future spells anything even close to what you're envisioning.
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williamj2543
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July 20, 2014, 03:29:47 PM |
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My opinion is that either bitcoin is worth nothing, or worth a lot. If bitcoin can't work as a currency it will be worth a low amount, and if it is used as a global currency used by a lot of people, the market cap has to be in the ten to a hundred billions, or even trillions, meaning that a bitcoin has to be worth a lot more than 600$
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adamstgBit
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Activity: 1904
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Trusted Bitcoiner
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July 20, 2014, 03:39:14 PM |
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pretty sure crypto is the future of money... its only a matter of time, crypto is far superior, its the next logical step, it wouldn't make sense to stick to fiat for very much longer, fiat has some serious security holes, easily taken adv of, always in a state of collapse, not good for the economy, and once you go crypto you never go back, so....
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arbitrage001
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Activity: 1067
Merit: 1000
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July 21, 2014, 03:35:12 AM |
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pretty sure crypto is the future of money... its only a matter of time, crypto is far superior, its the next logical step, it wouldn't make sense to stick to fiat for very much longer, fiat has some serious security holes, easily taken adv of, always in a state of collapse, not good for the economy, and once you go crypto you never go back, so.... That we all agree. Question is which crypto?
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williamj2543
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July 21, 2014, 03:37:45 AM |
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Probably bitcoin, but possible an altcoin could surpass it if it has just the right features to be a currency.
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coinsolidation
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July 21, 2014, 04:03:36 AM |
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Question is which crypto?
Probably bitcoin, but possible an altcoin could surpass it if it has just the right features to be a currency.
First identify the 'right' features or focus, if the qualities to look for are known, then it will make identifying the potential currencies easier.
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