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Author Topic: Will BTC rise from the ashes?  (Read 3514 times)
wachtwoord
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July 08, 2014, 03:36:29 AM
 #41

Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .

Then you see why he likes his bet  Cool
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scryptasicminer
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July 08, 2014, 01:47:39 PM
 #42

Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .

A little overly optimist on the future of bitcoin.

Don't forget all the investment in the past that change the world. The panama channel, radio, railroad, internet, housing, energy. Most companies during the boom year eventually went bust.
ThatDGuy
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July 08, 2014, 05:09:22 PM
 #43

Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .

A little overly optimist on the future of bitcoin.

Don't forget all the investment in the past that change the world. The panama channel, radio, railroad, internet, housing, energy. Most companies during the boom year eventually went bust.


Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.
tmnt
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July 08, 2014, 10:03:54 PM
 #44

ashes.. really? btc = $0.01 would be ashes.
Justine
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July 08, 2014, 10:08:15 PM
 #45

Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.

Problem is internet by itself has no price tag and doesn't make any profit.
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July 08, 2014, 10:49:24 PM
 #46

Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.

Problem is internet by itself has no price tag and doesn't make any profit.

and you cannot trade or speculate it. companies make profit by charging others to use the "network"...
galbros
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July 09, 2014, 12:01:58 AM
 #47

Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.

Problem is internet by itself has no price tag and doesn't make any profit.

I still think the internet analogy holds.  Bitcoin is a payment network so it is bigger than any one firm, while lots of firms went broke in automobiles, airplanes, etc, cars and planes are still with us.  So I think bitcoin continues though I worry about things like blockchain size and Ghash.io inhibiting long term success.

Also, the survival of the network does not mean each bitcoin has to cost 1000+ USD, though I think it will.
aminorex
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July 09, 2014, 02:52:06 AM
 #48

ashes.. really? btc = $0.01 would be ashes.

The ashes of the debt-based money system.

"Conan! What is best in life? "

"To crush your enemies, see them driven before you, and to hear the lamentation of their women."

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
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