cuddaloreappu (OP)
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July 11, 2014, 05:04:20 AM |
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The day bitcoin goes for a million dollar each
same day each litecoin goes for 10,000 dollars each
each peer coin goes for 1000 dollars,
each dogecoin goes for 1 dollar,
We all become truly the elite wealthy gentlemen, from the greatest wealth redistribution ever in human history.
Hope far transcends metcalfe's law and technical models.
The millennium begins with this great economic story at the early part of the century.
till the day,
HOPE & HODL
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El Dude
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July 11, 2014, 05:06:38 AM |
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"dogecoin goes for 1 dollar,"
Someone drank the special special koolaid today.
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Bitcoin and Litecoin hodler
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harles9
Member
Offline
Activity: 68
Merit: 10
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July 11, 2014, 05:08:47 AM |
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What brings someone to post a thread like this? Why is this forum so full of bizarro posts like these?
/shrugs/
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BitProdigy
Full Member
Offline
Activity: 322
Merit: 114
We Are The New Wealthy Elite, Gentlemen
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July 11, 2014, 05:12:41 AM |
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What brings someone to post a thread like this? Why is this forum so full of bizarro posts like these?
/shrugs/
Because it's not impossible.
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Beliathon
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July 11, 2014, 05:15:34 AM |
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Hold, but don't hold your breath.
It could easily be a decade or more before we see the death of fiat you are describing.
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Traffic4u
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July 11, 2014, 05:21:36 AM |
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I didn't see a reason another coin can reach thousands dollars. You may dream,but for bitcoin only.
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cuddaloreappu (OP)
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July 11, 2014, 05:23:11 AM |
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What brings someone to post a thread like this? Why is this forum so full of bizarro posts like these?
/shrugs/
Becuase the bitcoin trendline recently is so boring and the forum is no fun for a long time
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libivan
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July 11, 2014, 05:25:58 AM |
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The day bitcoin goes for a million dollar each
same day each litecoin goes for 10,000 dollars each
each peer coin goes for 1000 dollars,
each dogecoin goes for 1 dollar,
We all become truly the elite wealthy gentlemen, from the greatest wealth redistribution ever in human history.
Hope far transcends metcalfe's law and technical models.
The millennium begins with this great economic story at the early part of the century.
till the day,
HOPE & HODL
Sure, it would be a dream, but, by then, how much would a million dollars be worth anyway, with inflation running astray (think about other commodities, gold, oil, energy, and we'll have a good value parameter)
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maurya78
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July 11, 2014, 05:59:02 AM |
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I want bitcoin at $10k per coin I really couldn't care less about where any of the other alts end up trading
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Ron~Popeil
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July 11, 2014, 06:01:36 AM |
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What brings someone to post a thread like this? Why is this forum so full of bizarro posts like these?
/shrugs/
Becuase the bitcoin trendline recently is so boring and the forum is no fun for a long time Boring is good if you are not a speculator. It means the volatility is calming down. One of the major criticisms seems to be slowing down.
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joshraban76
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July 11, 2014, 06:06:10 AM |
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I have a few alts I would love to skyrocket but the chances are slim. I think long term plans should just be to hold and see what happens. Millions per coin, I highly doubt it but we can dream i suppose.
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TaunSew
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July 11, 2014, 06:22:54 AM |
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The dot.com bubble in the late 1990s was $7 trillion and it created billionaires like Mark Kuban overnight. It's technically amazing things got that big considering that estimates suggest only like 2% of the world's population was even using the internet (compared to 39% today).
The more recent housing bubble of 2008 was $10 trillion. Worldwide there's $97 trillion investments, of which $2 trillion is gold. There's also $400 trillion in derivatives.
Crypto currencies at $10 billion is almost nothing - dropbox is worth more than Bitcoin and yet I don't see governments around the world trying to ban dropbox or write laws on it. The governments already realize the potential in crypto currencies but it's an education issue we are facing. The merchants could really speed up things if they offered 1% to 2% discounts to people who pay in crypto currencies.
I'm convinced crypto currencies will be trillions but it's a guessing game who'll receive the most share. The thing is Bitcoin's capitalization is so small relative to the size of this potential market (trillions) that Bitcoin might still be replaced by a present or upcoming alternate.
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There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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beetcoin
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July 11, 2014, 06:26:21 AM |
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"dogecoin goes for 1 dollar,"
Someone drank the special special koolaid today.
was it sponsored by dogecoin?
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cuddaloreappu (OP)
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July 11, 2014, 06:27:23 AM |
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The dot.com bubble in the late 1990s was $7 trillion and it created billionaires like Mark Kuban overnight. It's technically amazing things got that big considering that estimates suggest only like 2% of the world's population was even using the internet (compared to 39% today).
The more recent housing bubble of 2008 was $10 trillion. Worldwide there's $97 trillion investments, of which $2 trillion is gold. There's also $400 trillion in derivatives.
Crypto currencies at $10 billion is almost nothing - dropbox is worth more than Bitcoin and yet I don't see governments around the world trying to ban dropbox or write laws on it. The governments already realize the potential in crypto currencies but it's an education issue we are facing. The merchants could really speed up things if they offered 1% to 2% discounts to people who pay in crypto currencies.
I'm convinced crypto currencies will be trillions but it's a guessing game who'll receive the most share. The thing is Bitcoin's capitalization is so small relative to the size of this potential market (trillions) that Bitcoin might still be replaced by a present or upcoming alternate.
the dot com parallel story is the most exciting to compare with crypto
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Light
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July 11, 2014, 06:30:57 AM |
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I'm convinced crypto currencies will be trillions but it's a guessing game who'll receive the most share. The thing is Bitcoin's capitalization is so small relative to the size of this potential market (trillions) that Bitcoin might still be replaced by a present or upcoming alternate.
But that's the thing, why would companies want to pass on the savings they get on transaction fees to consumers? For them, they couldn't care less about Bitcoin going places; it's just another alernative payment method that convert to fiat after the purchase anyway. Bitcoin could be replaced, but honestly what other altcoin has enough impetus and userbase to get merchant adoption at this point. Unless something catastrophic happens to Bitcoin, altcoins are just going to be pump and dumps all day long.
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LostDutchman
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July 11, 2014, 06:32:38 AM |
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"dogecoin goes for 1 dollar,"
Someone drank the special special koolaid today.
It could happen.
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cuddaloreappu (OP)
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July 11, 2014, 06:51:00 AM |
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"dogecoin goes for 1 dollar,"
Someone drank the special special koolaid today.
It could happen. thank u Dutchmen... you are not lost.. you have people like me with you
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LostDutchman
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July 11, 2014, 07:02:43 AM |
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"dogecoin goes for 1 dollar,"
Someone drank the special special koolaid today.
It could happen. thank u Dutchmen... you are not lost.. you have people like me with you Very money! So future! Much bark!
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Bit_Happy
Legendary
Offline
Activity: 2114
Merit: 1040
A Great Time to Start Something!
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July 11, 2014, 07:03:36 AM |
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The dot.com bubble in the late 1990s was $7 trillion and it created billionaires like Mark Kuban overnight. It's technically amazing things got that big considering that estimates suggest only like 2% of the world's population was even using the internet (compared to 39% today).
The more recent housing bubble of 2008 was $10 trillion. Worldwide there's $97 trillion investments, of which $2 trillion is gold. There's also $400 trillion in derivatives.
Crypto currencies at $10 billion is almost nothing - dropbox is worth more than Bitcoin and yet I don't see governments around the world trying to ban dropbox or write laws on it. The governments already realize the potential in crypto currencies but it's an education issue we are facing. The merchants could really speed up things if they offered 1% to 2% discounts to people who pay in crypto currencies.
I'm convinced crypto currencies will be trillions but it's a guessing game who'll receive the most share. The thing is Bitcoin's capitalization is so small relative to the size of this potential market (trillions) that Bitcoin might still be replaced by a present or upcoming alternate.
the dot com parallel story is the most exciting to compare with crypto Actually, we are part of a special "dot com" Bitcoin phenomenon that doesn't crash (and stay down) like the original.
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jc01480
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July 11, 2014, 07:10:24 AM |
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Given the crisis' in the world right now, I think bitcoin is the safest bet. Can't take what they can't find.
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