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Author Topic: 7 digits before the end of the year.  (Read 3992 times)
Alonzo Ewing
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May 26, 2014, 10:25:56 PM
 #21

Possible? More unlikely things have happened.

Not with Bitcoin.  It has never had a 2000x increase in 6 months.
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blatchcorn (OP)
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May 27, 2014, 07:44:39 AM
 #22

Possible? More unlikely things have happened.

Not with Bitcoin.  It has never had a 2000x increase in 6 months.
https://www.youtube.com/watch?v=dZyUWLW7kEI

Unlikely things can happen with bitcoin.  Tbh,  I am a bear so this is probably a pessimistic forecast by other standards.
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May 27, 2014, 08:53:56 AM
 #23

Possible? More unlikely things have happened.

Not with Bitcoin.  It has never had a 2000x increase in 6 months.
https://www.youtube.com/watch?v=dZyUWLW7kEI

Unlikely things can happen with bitcoin.  Tbh,  I am a bear so this is probably a pessimistic forecast by other standards.

Luck has a funny way to change.

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bitbob82
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May 27, 2014, 09:30:49 AM
 #24

lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen
chessnut
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May 27, 2014, 09:44:24 AM
 #25

lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

bitbob82
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May 27, 2014, 09:48:02 AM
 #26

lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen

btc-owl
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May 27, 2014, 10:05:11 AM
 #27

are you serious?
Arghhh
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May 27, 2014, 10:26:22 AM
 #28

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen
YipYip
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May 27, 2014, 11:22:03 AM
 #29

lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen


...seriously laughed really really hard after reading your post ... i started to cry a little bit as well

Oh taht was soo funny ... i think you are awesome ...but can i enquire that the there is a lot of JR in junior member ?

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piramida
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May 27, 2014, 11:40:34 AM
 #30


Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



It's obvious that after they sold everything to buy 1000 bitcoin then they go to work minimal wage at burger king flipping burgers! That's how billionaires roll - in disguise. So that will happen soon, for reals.

i am satoshi
YipYip
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May 27, 2014, 12:08:44 PM
 #31


Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



It's obvious that after they sold everything to buy 1000 bitcoin then they go to work minimal wage at burger king flipping burgers! That's how billionaires roll - in disguise. So that will happen soon, for reals.

At least they would be able to buy lots of pokemons for their DS as there is bitcoin pokemon exchange called MtPokEGoX

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gentlemand
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May 27, 2014, 12:16:58 PM
 #32

lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



We are moving into a more virtual age. Instead of lounging on super yachts we will see billionaires sitting on benches showing each other their mycelium balances. They will then return to their flop houses with the glow of a day well lived.
blatchcorn (OP)
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May 27, 2014, 12:55:59 PM
 #33

lets see,

say that suddenly out of no where, bill gate and warren buffet both decided to sell everything and buy bitcoin

so they both got like 120 billion dollar

say if both of them go to the exchange and buy 1 bitcoin = 1 million dollar, they can only manage to buy 120,000 bitcoin

but as far as you know, there are 12 million bitcoin in circulation and if 10% bitcoin want to sell off for 1 miliion each, you have 10 times the supply over the demand

you can only wish that only 1% of the bitcoin in circulation wanna sell of at 1 million each so you can sustain the price for like a few seconds

so the conclusion is

NOPE, wont happen

there are more than 1500 billionaires in the world, net worth 45 trillion. there is a lot more where that came from too.

Ok then, let say the 1500 bilionaires all buy the bitcoin for 1 million each, then what ? is not like they can do anything with it yet, so those billionaire have sold everything they got and all they can do now is to stare at the 1000 bitcoin they have, yes, the number "1000" on their monitor screen



We are moving into a more virtual age. Instead of lounging on super yachts we will see billionaires sitting on benches showing each other their mycelium balances. They will then return to their flop houses with the glow of a day well lived.
Hahahaa funniest thing I have seen on here since Fonzie Cheesy
JimboToronto
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May 27, 2014, 01:02:41 PM
 #34

LOL thread.

 Smiley Wink Cheesy Grin Roll Eyes
YipYip
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May 28, 2014, 01:37:15 AM
 #35

Just bumped one of the funniest threads I have read Cheesy

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williamj2543
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May 28, 2014, 01:39:20 AM
 #36

Lets do 20000 digits. I will be very happy...

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blatchcorn (OP)
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May 28, 2014, 06:24:57 AM
 #37

Lets do 20000 digits. I will be very happy...
Not out of the question either.
DolanDuck
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May 28, 2014, 12:40:49 PM
 #38

eheh this thread made me laugh, 7 digits, 1.000.000$ for 1 btc is almost impossible even in the future...
but who knows, let's see how far it will go.

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okthen
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May 28, 2014, 01:28:50 PM
 #39

I think in one year the optimists around went from "quite pessimistic" to "absurdly optimistic".
I'd be happy with 4 digits in the end of the year, and I think 5 are possible. 6 would be a crazy 2011 type of thing. But 7...
blatchcorn (OP)
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May 29, 2014, 09:46:38 AM
 #40

I think in one year the optimists around went from "quite pessimistic" to "absurdly optimistic".
I'd be happy with 4 digits in the end of the year, and I think 5 are possible. 6 would be a crazy 2011 type of thing. But 7...
Would you be sad with 3 digits?
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