Alonzo Ewing
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Activity: 1040
Merit: 1001
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May 26, 2014, 10:25:56 PM |
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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 |
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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=dZyUWLW7kEIUnlikely things can happen with bitcoin. Tbh, I am a bear so this is probably a pessimistic forecast by other standards.
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Hyena
Legendary
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Activity: 2114
Merit: 1015
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May 27, 2014, 08:53:56 AM |
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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=dZyUWLW7kEIUnlikely 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 |
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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
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chessnut
Legendary
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Activity: 924
Merit: 1001
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May 27, 2014, 09:44:24 AM |
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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.
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bitbob82
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May 27, 2014, 09:48:02 AM |
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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
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btc-owl
Newbie
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Activity: 47
Merit: 0
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May 27, 2014, 10:05:11 AM |
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are you serious?
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Arghhh
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May 27, 2014, 10:26:22 AM |
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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
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YipYip
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May 27, 2014, 11:22:03 AM |
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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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OBJECT NOT FOUND
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piramida
Legendary
Offline
Activity: 1176
Merit: 1010
Borsche
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May 27, 2014, 11:40:34 AM |
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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.
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i am satoshi
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YipYip
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May 27, 2014, 12:08:44 PM |
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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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OBJECT NOT FOUND
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gentlemand
Legendary
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Activity: 2590
Merit: 3014
Welt Am Draht
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May 27, 2014, 12:16:58 PM |
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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.
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blatchcorn (OP)
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May 27, 2014, 12:55:59 PM |
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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
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JimboToronto
Legendary
Offline
Activity: 4186
Merit: 4816
You're never too old to think young.
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May 27, 2014, 01:02:41 PM |
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YipYip
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May 28, 2014, 01:37:15 AM |
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Just bumped one of the funniest threads I have read
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OBJECT NOT FOUND
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williamj2543
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May 28, 2014, 01:39:20 AM |
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Lets do 20000 digits. I will be very happy...
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██████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
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blatchcorn (OP)
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May 28, 2014, 06:24:57 AM |
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Lets do 20000 digits. I will be very happy...
Not out of the question either.
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DolanDuck
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May 28, 2014, 12:40:49 PM |
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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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▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
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okthen
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May 28, 2014, 01:28:50 PM |
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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...
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blatchcorn (OP)
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May 29, 2014, 09:46:38 AM |
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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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