jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
|
|
June 02, 2014, 03:27:16 PM |
|
The only catch is, 10-20 years is a long time.
|
|
|
|
the_sunship
|
|
June 02, 2014, 03:46:53 PM |
|
In the summer of 2004 , the marines invaded falluja. I remember that ridiculous hell like it was yesterday. 10 years will go by very quick my friend.
|
|
|
|
zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
|
|
June 02, 2014, 08:44:02 PM |
|
The only catch is, 10-20 years is a long time.
it would surprise me if it would take that long in the first place
|
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
|
|
June 02, 2014, 09:10:53 PM |
|
The only catch is, 10-20 years is a long time.
it would surprise me if it would take that long in the first place might be closer to 6-7.
|
|
|
|
keithers
Legendary
Offline
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
|
|
June 02, 2014, 09:22:55 PM |
|
anyone holding over 10 bitcoin today will probably have 1 million USD (in today's purchasing power) in 10-20 years. most of the fiat pundits who mock bitcoin today will be eating their hat when the USD finally implodes. be glad you are lucky enough to be here in this moment in time when bitcoin is first invented, it will be quite a story to tell...
His name was Robert Paulson Was kind of just murmuring the same thing to myself after reading that...lol.. Don't think BTC will ever replace the USD...but truly running along side of it as a better version of the USD, would be just as amazing.
|
|
|
|
Robert Paulson (OP)
|
|
June 03, 2014, 12:38:01 AM |
|
there is simply no way bitcoin will not replace fiat. all fiat currencies are in the final years of their lifetime and are being printed to oblivion, the world fiat experiment is about to end in failure any year now. if bitcoin didn't exist i would say the world would go back to gold, but bitcoin beats gold in every way:
bitcoin is more easily divisible than gold - bitcoin divides down to a unit of 10^-8 bitcoin, try that with gold. bitcoin is more durable than gold - gold coins can be damaged, gold can be confiscated by force. bitcoin is more portable than gold - you can instantly send your bitcoins anywhere in the world for next to nothing, transporting gold is alot more complicated. bitcoin is more fungible than gold - there are no fake bitcoins, verifying gold authenticity requires special equipment. bitcoin maintains its purchasing power - bitcoins mining is predictable and limited, gold mining isn't as predictable, this means bitcoin has less supply side fluctuations than gold.
for 5000 years the free market has selected gold as money. this is the first time in history humanity has something better, most of the world is not aware of this fact yet but they are starting to wake up. anyone who jumps on the bitcoin train right now will be filthy rich when the masses start arriving.
|
|
|
|
jonald_fyookball
Legendary
Offline
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
|
|
June 03, 2014, 12:45:56 AM |
|
there is simply no way bitcoin will not replace fiat. all fiat currencies are in the final years of their lifetime and are being printed to oblivion, the world fiat experiment is about to end in failure any year now. if bitcoin didn't exist i would say the world would go back to gold, but bitcoin beats gold in every way:
bitcoin is more easily divisible than gold - bitcoin divides down to a unit of 10^-8 bitcoin, try that with gold. bitcoin is more durable than gold - gold coins can be damaged, gold can be confiscated by force. bitcoin is more portable than gold - you can instantly send your bitcoins anywhere in the world for next to nothing, transporting gold is alot more complicated. bitcoin is more fungible than gold - there are no fake bitcoins, verifying gold authenticity requires special equipment. bitcoin maintains its purchasing power - bitcoins mining is predictable and limited, gold mining isn't as predictable, this means bitcoin has less supply side fluctuations than gold.
for 5000 years the free market has selected gold as money. this is the first time in history humanity has something better, most of the world is not aware of this fact yet but they are starting to wake up. anyone who jumps on the bitcoin train right now will be filthy rich when the masses start arriving.
thx for the hope i believe you're right...its just a question of when.
|
|
|
|
bitcoinsrus
|
|
June 03, 2014, 12:49:15 AM |
|
there is simply no way bitcoin will not replace fiat. all fiat currencies are in the final years of their lifetime and are being printed to oblivion, the world fiat experiment is about to end in failure any year now. if bitcoin didn't exist i would say the world would go back to gold, but bitcoin beats gold in every way:
bitcoin is more easily divisible than gold - bitcoin divides down to a unit of 10^-8 bitcoin, try that with gold. bitcoin is more durable than gold - gold coins can be damaged, gold can be confiscated by force. bitcoin is more portable than gold - you can instantly send your bitcoins anywhere in the world for next to nothing, transporting gold is alot more complicated. bitcoin is more fungible than gold - there are no fake bitcoins, verifying gold authenticity requires special equipment. bitcoin maintains its purchasing power - bitcoins mining is predictable and limited, gold mining isn't as predictable, this means bitcoin has less supply side fluctuations than gold.
for 5000 years the free market has selected gold as money. this is the first time in history humanity has something better, most of the world is not aware of this fact yet but they are starting to wake up. anyone who jumps on the bitcoin train right now will be filthy rich when the masses start arriving.
thx for the hope i believe you're right...its just a question of when. Bitcoin on Almost Human Sci-fi TV Series https://www.youtube.com/watch?v=k8LqlMzEe-I(Is this the future? )
|
|
|
|
ChanceCoats123
|
|
June 03, 2014, 02:22:18 AM |
|
In death, a member of Project Mayhem has a name. His name was Robert Paulson
His name was Robert Paulson.
|
|
|
|
megashira1
Legendary
Offline
Activity: 1146
Merit: 1000
|
|
June 03, 2014, 03:49:16 AM |
|
In death, a member of Project Mayhem has a name. His name was Robert Paulson
His name was Robert Paulson. His name was Robert Paulson.
|
|
|
|
tss
|
|
June 03, 2014, 07:13:04 AM |
|
just about every forum is full of millionaires
oh and his name was Robert Paulson.
|
|
|
|
ErisDiscordia
Legendary
Offline
Activity: 1133
Merit: 1163
Imposition of ORder = Escalation of Chaos
|
|
June 03, 2014, 07:30:22 AM |
|
In death, a member of Project Mayhem has a name. His name was Robert Paulson
His name was Robert Paulson. His name was Robert Paulson. His name was Robert Paulson.
|
It's all bullshit. But bullshit makes the flowers grow and that's beautiful.
|
|
|
okthen
|
|
June 03, 2014, 10:10:33 AM |
|
In death, a member of Project Mayhem has a name. His name was Robert Paulson
His name was Robert Paulson. His name was Robert Paulson. His name was Robert Paulson. His name was Paul Robertson.
|
|
|
|
indiemax
|
|
June 03, 2014, 11:46:41 AM |
|
In death, a member of Project Mayhem has a name. His name was Robert Paulson
His name was Robert Paulson. His name was Robert Paulson. His name was Robert Paulson. His name was Paul Robertson. His name was Robert Robinson
|
|
|
|
MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
|
|
June 03, 2014, 02:49:49 PM |
|
The only catch is, 10-20 years is a long time.
Its rly rly rly fcn long time in bitcoin world.
|
|
|
|
spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
|
|
June 03, 2014, 02:54:58 PM |
|
The only catch is, 10-20 years is a long time.
Its rly rly rly fcn long time in bitcoin world. Hence the phrase HODL!!.. HODL men and women, HODL. We live a lot longer than 10-20 years. With any luck(i'm 28) I'll own a golf course by 38 due to my holdings in BTC. I plan to never retire.. that's boring. Even if BTC utterly collapses and I go to plan B I'll go to a stress free job at 60 till I die.
|
|
|
|
MICRO
Legendary
Offline
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
|
|
June 03, 2014, 03:05:47 PM |
|
The only catch is, 10-20 years is a long time.
Its rly rly rly fcn long time in bitcoin world. Hence the phrase HODL!!.. HODL men and women, HODL. We live a lot longer than 10-20 years. With any luck(i'm 28) I'll own a golf course by 38 due to my holdings in BTC. I plan to never retire.. that's boring. Even if BTC utterly collapses and I go to plan B I'll go to a stress free job at 60 till I die. Such a nice plan. I have similar one. But i cant buy any btc so my plan is starting from sending an .1 btc to cold storage everymonth till it rises high enough.
|
|
|
|
Torque
Legendary
Offline
Activity: 3738
Merit: 5329
|
|
June 03, 2014, 03:52:07 PM |
|
In death, a member of Project Mayhem has a name. His name was Robert Paulson
His name was Robert Paulson. His name was Robert Paulson. His name was Robert Paulson. His name was Paul Robertson. His name was Robert Robinson His name was Robert Patterson.
|
|
|
|
pinksheep
|
|
June 03, 2014, 05:12:01 PM |
|
I'm in my mid 40s so I feel I can't wait 10 years...I'll be old then
|
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
|
|
|
Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
|
|
June 03, 2014, 05:14:36 PM |
|
I'm in my mid 40s so I feel I can't wait 10 years...I'll be old then Then the good news is that it will only take 5 years at most unless something catastrophic happens. 3 being more likely.
|
Look inside yourself, and you will see that you are the bubble.
|
|
|
|