Winklevoss twins: Bitcoin will be bigger than Facebook

[Paashaas]

http://www.theguardian.com/technology/2014/may/19/winklevoss-twins-bitcoin-bigger-than-facebook-investors

A ''next-gen'' transaction system VS social media, hmm what do you pick?

[RandomPedestrianN9]

I pick messaging app worth 19bln over this anyday.

[TERA]

Why would I listen to bullish statements by someone who owned a million bitcoins?

[Wandererfromthenorth]

A ''next-gen'' transaction system VS social media, hmm what do you pick?

One of the great psychological appeals of bitcoin for the masses will also be the price increase.

[JustAnotherSheep]

Why would I listen to bullish statements by someone who owned a million bitcoins?

As long as you take everything with a grain of salt, and (as you already noticed) try to see beyond the obvious "bullish propaganda bias", there's insight to be gained. The Winklevii are far from idiots, and while their portrayed optimism can (and should) be seen as an attempt to pump the price by exciting the masses, their words still carry weight, and I believe their stated opinions (at least to some degree) may reflect their actual, informed ones.

[Torque]

Why would I listen to bullish statements by someone who owned a million bitcoins?

Because these guys frequently rub shoulders with industry insiders and wealthy investors, folks you never will.

[LOADING.READY.RUN]

Their prediction isn't even very bullish, at least by the standards of this forum. According to that article, Facebook is worth $150bn. For Bitcoin to reach this as a market cap, the price per BTC would have to go to about $20,000, something that many regulars here think can happen within the next 18 months.

[aasl]

let's hope so.

[kireinaha]

“Calling bitcoin volatile – it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do," said Winklevoss. “I can make the same argument about the internet in the early days. But sure enough, technologists came and worked hard at the problem, and it’s getting better.”

This year, the Winklevoss twins predict, will be the year that Wall Street will get involved

I'd expect more from these guys than just pulling shit off the front page of /r/bitcoin!

[knightcoin]

Why would I listen to bullish statements by someone who owned a million bitcoins?

btw, we can see satoshi coins on blockchain .. can we see Winklevoss coin too ? I mean, if someone wants to drop a nuke ... me as an ant..would like, at least, to hear the Nuclear Alarm Siren ...

https://www.youtube.com/watch?v=k2a30--j37Q

[Mervyn_Pumpkinhead]

Times like these makes one wonder on how the hell did they finish Harvard and Oxford. But then again, they were pretty good rowers.

a) Don't compare your current endeavors with a project that you were left behind from, probably causing an traumatic event. Comparisons like these smell of desperation and sadness.
b) Don't compare monetary services with social networking sites.

[knightcoin]

Times like these makes one wonder on how the hell did they finish Harvard and Oxford. But then again, they were pretty good rowers.

a) Don't compare your current endeavors with a project that you were left behind from, probably causing an traumatic event. Comparisons like these smell of desperation and sadness.
b) Don't compare monetary services with social networking sites.

Graduating from Alabama
https://www.youtube.com/watch?v=8ERO6FEPMYw

[Paashaas]

A ''next-gen'' transaction system VS social media, hmm what do you pick?

One of the great psychological appeals of bitcoin for the masses will also be the price increase.

The masses are not so interested in new techs they prefer fun facebook pictures, they dont understand Bitcoin yet. The higher prices will be fixed for them when the ''killerapp'' arrives where you can buy Bits.

Imo, Bitcoin ore crypto in general are much more important than facebook, so many markets that will rocket the prive beyond $20k.

[knightcoin]

ot ...

 in the meanwhile my_your_tube ...

Oxford Cambridge Boat Race 2014 - B&W (binary)
https://www.youtube.com/watch?v=FRwWVsJHIVE

















because athletes fuck hot girls;

[CEG5952]

Why would I listen to bullish statements by someone who owned a million bitcoins?

As much as I would like to assume what they are saying is true, how can we trust what they say? Exactly. If I held as much as them, I'd pump and dump bitcoins too!

[beetcoin]

Why would I listen to bullish statements by someone who owned a million bitcoins?

As much as I would like to assume what they are saying is true, how can we trust what they say? Exactly. If I held as much as them, I'd pump and dump bitcoins too!

i don't trust the winklevi bros either, but it's a question or the chicken or the egg.. do they own bitcoin because they truly think it will become huge, or are they saying it because they are hoping they can pump the value of bitcoin (since they already own so many).

[UglyTroll]

Whether or not believe in Bitcoin is not a issue at all for Twins, they're just business men   Typical speculators

[bitcoinsrus]

Why would I listen to bullish statements by someone who owned a million bitcoins?

As much as I would like to assume what they are saying is true, how can we trust what they say? Exactly. If I held as much as them, I'd pump and dump bitcoins too!

i don't trust the winklevi bros either, but it's a question or the chicken or the egg.. do they own bitcoin because they truly think it will become huge, or are they saying it because they are hoping they can pump the value of bitcoin (since they already own so many).

Of course they want to say things like bitcoin is bigger than facebook.  They do have a huge steak.  Maybe they want to see it pump.  

Then if the coins are worth ten times as much, they might consider keeping a majority share of their coins so they can off shoot more bit businesses.    

[Carra23]

Why would I listen to bullish statements by someone who owned a million bitcoins?

As much as I would like to assume what they are saying is true, how can we trust what they say? Exactly. If I held as much as them, I'd pump and dump bitcoins too!

i don't trust the winklevi bros either, but it's a question or the chicken or the egg.. do they own bitcoin because they truly think it will become huge, or are they saying it because they are hoping they can pump the value of bitcoin (since they already own so many).

Though they invested in Bitcoin at the right time, they do not strike me as too bright.

[Dotto]

Their prediction isn't even very bullish, at least by the standards of this forum. According to that article, Facebook is worth $150bn. For Bitcoin to reach this as a market cap, the price per BTC would have to go to about $20,000, something that many regulars here think can happen within the next 18 months.

Brilliant logic!. 18 months seems a bit too fast from my viewpoint, but who knows.