criptix
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June 10, 2014, 10:02:14 PM |
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sorry to interupt, but while reading the thread title this came instantly in mind: When will BTC reach 50,000$ again? discuss  |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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howardb
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June 11, 2014, 12:25:52 AM |
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sorry to interupt, but while reading the thread title this came instantly in mind: When will BTC reach 50,000$ again? discuss The same day it equates to 1% of M3 money supply (currently 0.01%), 2-3 years IMHO. See: https://bitcointalk.org/index.php?topic=646186.0 |
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keithers
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This is the land of wolves now & you're not a wolf
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June 11, 2014, 06:07:07 AM |
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There will be so much government resistance when btc hits a few thousand per coin, let alone multiple thousands per coin. So many things would need to fall into place for us to get above probably 2k. The numbers we are talking here would be like literally replacing the currency of several first world countries
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boumalo
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June 11, 2014, 12:38:53 PM |
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There will be so much government resistance when btc hits a few thousand per coin, let alone multiple thousands per coin. So many things would need to fall into place for us to get above probably 2k. The numbers we are talking here would be like literally replacing the currency of several first world countries
I don't think we need that much to reach a few thousands dollars, just a loss of confidence in the future value of the USD, a financial crisis, higher rates of adoption or a bubble |
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okthen
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June 11, 2014, 12:40:15 PM |
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There will be so much government resistance when btc hits a few thousand per coin, let alone multiple thousands per coin. So many things would need to fall into place for us to get above probably 2k. The numbers we are talking here would be like literally replacing the currency of several first world countries
I don't think we need that much to reach a few thousands dollars, just a loss of confidence in the future value of the USD, a financial crisis, higher rates of adoption or a bubble You're right. Only one more bubble will take us there, and it can happen with mere speculation. |
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Wekkel
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yes
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June 11, 2014, 01:09:30 PM |
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There will be so much government resistance when btc hits a few thousand per coin, let alone multiple thousands per coin. So many things would need to fall into place for us to get above probably 2k. The numbers we are talking here would be like literally replacing the currency of several first world countries
The government cannot stop this.... at all. A mere next bubble can take us there should we cross the chasm. I think it's still too early for that, but I generally lag Bitcoin's progress. |
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Tatsumigaoka
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June 11, 2014, 01:16:42 PM |
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I don't think we need that much to reach a few thousands dollars, just a loss of confidence in the future value of the USD, a financial crisis, higher rates of adoption or a bubble
Sometimes I think that a lot bitcoiners hope for the "end of the world" just so that BTC will rise... |
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600watt
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June 11, 2014, 01:48:52 PM |
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I don't think we need that much to reach a few thousands dollars, just a loss of confidence in the future value of the USD, a financial crisis, higher rates of adoption or a bubble
Sometimes I think that a lot bitcoiners hope for the "end of the world" just so that BTC will rise... well, the idea of bitcoin was born in the midst of the 2008 financial crisis and its very concept is in opposition to the current financial system. the more problems the financial system produces, the more precious btc as a concept and as a unit will be. that may lead you to your conclusion, and it is designed to be that way. |
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RandomPedestrianN9
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June 11, 2014, 01:49:50 PM |
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So many experts, so many praises, so many TA charts confirming rise TO DA MOON! Yet im right and you are all wrong.....
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600watt
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June 11, 2014, 01:58:59 PM |
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+ 11517.98 % in the last 24 months. yeah, you must be right...  |
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bananaControl
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Decentralize All The Things!
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June 11, 2014, 02:38:55 PM |
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So many experts, so many praises, so many TA charts confirming rise TO DA MOON! Yet im right and you are all wrong.....
Now, if you actually came with valid criticism and cared to answer when being challenged, then maybe you would be seen as more than a trolling dickhead. The least you could do to to get just a tiny bit of credibility is to show us that you actually put your money where your mouth is. |
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ThatDGuy
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June 11, 2014, 02:51:32 PM |
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I don't think we need that much to reach a few thousands dollars, just a loss of confidence in the future value of the USD, a financial crisis, higher rates of adoption or a bubble
Sometimes I think that a lot bitcoiners hope for the "end of the world" just so that BTC will rise... well, the idea of bitcoin was born in the midst of the 2008 financial crisis and its very concept is in opposition to the current financial system. the more problems the financial system produces, the more precious btc as a concept and as a unit will be. that may lead you to your conclusion, and it is designed to be that way. Such simple truth here, but it definitely underlies a lot going on in the BTC space. Also important to keep in mind which financial system is becoming more robust each day, and which one is remaining stagnant and weaker. |
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boumalo
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June 11, 2014, 03:12:51 PM |
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I don't think we need that much to reach a few thousands dollars, just a loss of confidence in the future value of the USD, a financial crisis, higher rates of adoption or a bubble
Sometimes I think that a lot bitcoiners hope for the "end of the world" just so that BTC will rise... well, the idea of bitcoin was born in the midst of the 2008 financial crisis and its very concept is in opposition to the current financial system. the more problems the financial system produces, the more precious btc as a concept and as a unit will be. that may lead you to your conclusion, and it is designed to be that way. Such simple truth here, but it definitely underlies a lot going on in the BTC space. Also important to keep in mind which financial system is becoming more robust each day, and which one is remaining stagnant and weaker. The same practices and the same people are in place, debts are getting bigger and bigger in the states and various european countries |
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CoinDiver
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June 11, 2014, 05:37:44 PM |
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Sometimes I think that a lot bitcoiners hope for the "end of the world" just so that BTC will rise...
I think you mistake our intentions. We "know" (right or wrong is yet to be seen) that the entire financial paradigm worldwide is doomed. DOOOOOOMED! ( https://www.youtube.com/watch?v=0A5XOIMs6D0)  Some of us are in bitcoin simply to come out the other side of the crash in much better shape than everyone else. Some of those people feel the world will be better off after the crash. I don't pretend to know enough to predict how it will come out, or if it will occur. I am betting that it will all come down, and that I'll be better off for having been in bitcoin at the right time. I'm also betting that if it doesn't all come down, I'll still be better off for having been in btc. |
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boumalo
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June 11, 2014, 05:53:26 PM |
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Sometimes I think that a lot bitcoiners hope for the "end of the world" just so that BTC will rise...
I think you mistake our intentions. We "know" (right or wrong is yet to be seen) that the entire financial paradigm worldwide is doomed. DOOOOOOMED! ( https://www.youtube.com/watch?v=0A5XOIMs6D0) Some of us are in bitcoin simply to come out the other side of the crash in much better shape than everyone else. Some of those people feel the world will be better off after the crash. I don't pretend to know enough to predict how it will come out, or if it will occur. I am betting that it will all come down, and that I'll be better off for having been in bitcoin at the right time. I'm also betting that if it doesn't all come down, I'll still be better off for having been in btc. The crash has to happen because the excess and abuse of the past have not been cleaned but it will get way worse before it gets better and we can rebuild with a lower government and more freedom |
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fran2k
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July 01, 2014, 02:33:33 AM |
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When a gold ounce hits something in between 20-30k USD.
Maybe in the block halve to 6,25 in 2019.
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Skele
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VocalPlatform.com
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July 01, 2014, 02:43:57 AM |
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That sounds interesting  but if that happens by 2107  I really expect scientists finds a way for inmortality or years of life-increasing before that happens... So many experts, so many praises, so many TA charts confirming rise TO DA MOON! Yet im right and you are all wrong.....
Hope you have a very low IQ or you were drunk, drugged, stoned when you wrote those terrifying words... |
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