RandomPedestrianN9
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Activity: 84
Merit: 10
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June 09, 2014, 09:40:27 PM |
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I just bought 10 Bitcoins, kicking myself for not buying sooner...
It happens, at least your in now and willing to take the risk and return Welcome to Bitcoin  Welcome to bagholding. |
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Swordsoffreedom
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Activity: 2800
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
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June 09, 2014, 09:48:04 PM |
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I just bought 10 Bitcoins, kicking myself for not buying sooner...
It happens, at least your in now and willing to take the risk and return Welcome to Bitcoin Welcome to bagholding. Haha I admit that is a bit true in itself, but at least your bag has an increasing merchant adoption rate and a fixed supply of units. On the other hand it is a tad more volatile but it works well enough and has a nice dev team unlike the fiat system |
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okthen
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June 09, 2014, 09:55:13 PM |
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I just bought 10 Bitcoins, kicking myself for not buying sooner...
It happens, at least your in now and willing to take the risk and return Welcome to Bitcoin Welcome to bagholding. Haha I admit that is a bit true in itself, but at least your bag has an increasing merchant adoption rate and a fixed supply of units. On the other hand it is a tad more volatile but it works well enough and has a nice dev team unlike the fiat system And you really hold your bag. And you can make it very, very hard to steal. So it's the best kind of bagholding |
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RoadStress
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Activity: 1904
Merit: 1007
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June 09, 2014, 09:57:17 PM |
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When do you think BTC will reach $50,000?
After two more halfings! |
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pinksheep
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June 09, 2014, 09:57:57 PM |
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When do you think BTC will reach $50,000?
After two more halfings! When's the 2nd of the 2 due to happen? |
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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findftp
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Activity: 1022
Merit: 1006
Delusional crypto obsessionist
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June 09, 2014, 10:11:58 PM |
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2095 will reach 50k
wont edit this post as i will be dead on that time lol
Are you sure that the US Dollar will not become extinct before that date? It will be better to measure the value of Bitcoin in gold or some other form of wealth than measuring it in the US Dollar. Let's say that in 2095, 1 BTC will be equal to 1kg of gold.  but in 2095 gold may be considered a completely worthless entity....just like sea shells used to be the most valuable traded currency in ancient times.. so maybe in 2095 1 btc will be worth 1 litre of pure water Gold has been around for thousands of years... But no one knows for sure how much there is above or below earth surface. Also, every bar or coin is suspect to counterfeit. You never know for sure if there is no tungsten inside. 300 years ago they were not able to put tungsten inside gold, now they are. So 5000 years doesn't mean that much anymore. With bitcoin, we do not need to worry about supply and counterfeits anymore. But, in case bitcoin fails, gold and silver will take it's role again, temporarily. I think there will be a big dent in crypto when bitcoin fails. It's always good to diversify your holdings. Imho gold and silver are always better than FIAT at the current moment. |
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findftp
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Activity: 1022
Merit: 1006
Delusional crypto obsessionist
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June 09, 2014, 10:15:05 PM |
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I just bought 10 Bitcoins, kicking myself for not buying sooner...
We all kick our head, except Satoshi because he was the first. Don't worry, you are still an early adopter. There are *loads* of people looking at bitcoin in fear of missing the train. I know a few. They will capitulate, when BTC reaches much higher levels. Then, they will provide you with goods and services, and you will pay in BTC. |
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pinksheep
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June 09, 2014, 10:16:57 PM |
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I just bought 10 Bitcoins, kicking myself for not buying sooner...
It happens, at least your in now and willing to take the risk and return Welcome to Bitcoin Don't kick yourself; it would have been worse if you'd bought last Nov & paid $1200 a coin. Just think - you got almost twice as many BTC for your money as people who bought back then |
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PRIMEDICE The Premier Bitcoin Gambling Experience @PrimeDice
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jonald_fyookball
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Core dev leaves me neg feedback #abuse #political
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June 09, 2014, 10:35:56 PM |
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I just bought 10 Bitcoins, kicking myself for not buying sooner...
It happens, at least your in now and willing to take the risk and return Welcome to Bitcoin Don't kick yourself; it would have been worse if you'd bought last Nov & paid $1200 a coin. Just think - you got almost twice as many BTC for your money as people who bought back then or paid $1200 a coin and got goxxed and left with no coins. |
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okthen
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June 09, 2014, 10:41:21 PM |
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I just bought 10 Bitcoins, kicking myself for not buying sooner...
It happens, at least your in now and willing to take the risk and return Welcome to Bitcoin Don't kick yourself; it would have been worse if you'd bought last Nov & paid $1200 a coin. Just think - you got almost twice as many BTC for your money as people who bought back then or paid $1200 a coin and got goxxed and left with no coins. That's the worst scenario I can imagine. I hope it didn't happen to many people... |
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gentlemand
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Welt Am Draht
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June 09, 2014, 10:42:40 PM |
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Considering it's where many newbies who hadn't done any research were gaily steered to by various websites, I'm guessing it probably did happen to more than a few.
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AD_Infinitum
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June 09, 2014, 11:30:06 PM |
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Does anyone realistically think that Bitcoin will ever reach $50k? Don't get me wrong, I'd be more than happy if it reach even 1 zillion but...
I've watched it go from .01 to .1 to 1 to 10 to 100 to 1000. I think we can all agree that Bitcoin is far from everywhere, so the next step to 10,000 is almost assured. After that, we're just half a step away from 50k. The odds of that happening are pretty good! I hope you are correct. If it happens I'll tip you BTC0.1 ($5000). |
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okthen
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June 09, 2014, 11:37:00 PM |
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Does anyone realistically think that Bitcoin will ever reach $50k? Don't get me wrong, I'd be more than happy if it reach even 1 zillion but...
I've watched it go from .01 to .1 to 1 to 10 to 100 to 1000. I think we can all agree that Bitcoin is far from everywhere, so the next step to 10,000 is almost assured. After that, we're just half a step away from 50k. The odds of that happening are pretty good! I hope you are correct. If it happens I'll tip you BTC0.1 ($5000). That's pretty generous! Bitcoin makes people good |
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boumalo
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June 10, 2014, 10:35:59 AM |
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Usually on those threads more than 50% of the messages are negative; last week on this thread almost all messages are really positive, does that tell us we are getting there?
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NakedPony
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June 10, 2014, 12:19:00 PM |
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Never.
50000$ is faaar to much.
21M * 50000$ = 1*10^12$ = 1 000 BILLIONS DOLLARS.
5000$ is max.
edit: the only way is to destroy 20M bitcoins )) other 1M become priceless ^_^
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boumalo
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June 10, 2014, 07:58:14 PM |
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Never.
50000$ is faaar to much.
21M * 50000$ = 1*10^12$ = 1 000 BILLIONS DOLLARS.
5000$ is max.
edit: the only way is to destroy 20M bitcoins )) other 1M become priceless ^_^
Why 5000$ and 100B nominal valuation is max?  ? |
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gentlemand
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Welt Am Draht
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June 10, 2014, 07:59:48 PM |
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Because he's decided it must be so. I guess we'll have to get used to the Nakedpony paradigm from now on.
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jonald_fyookball
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Core dev leaves me neg feedback #abuse #political
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June 10, 2014, 08:04:38 PM |
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I decided that 1 trillion is minimum.
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howardb
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June 10, 2014, 09:42:25 PM
Last edit: June 11, 2014, 12:26:59 AM by howardb |
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If BTC hits 50k, what do you think the price of gold and silver would be at? How about gas or milk? I think we'd be living in some pretty fucked up times unfortunately.
Well if it happens in coming handful of years (as it probably will do) then the price of gold/silver will probably be pretty much as it is now relative to dollars, but compared to bitcoin they will have devalued hugely! Deflation is a strange concept to get your head around, things getting cheaper, the human brain is far more conditioned to price increases. See https://bitcointalk.org/index.php?topic=646186.0 |
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