You heard it hear 1st

[Wilhelm]

Bitcoin will be the next thing like mobile phones, the internet and computers. In the beginning they seemed stupid/useless but once widespread and adopted a trilliondollar business.

[wormbog]

Come on people, if you can't provide a date it's not a prediction!

"We'll have affordable flying cars by 2020." <-- prediction

"We'll have affordable flying cars someday!" <-- fapping

[Cluster2k]

BTC is for the poor, not the rich. I travel to india quite a bit, and people there are just starting to get it. 6 -12 month fluctuations are irrelevant. It's time is coming, in the short term in may not make a bunch of lazy assholes super rich like they were planning, but it will full fill its promise.

Offer a poor Indian US$1000 of bitcoins or US$1000 of gold.  Which do you think they would prefer to store their wealth?

[Cluster2k]

Come on people, if you can't provide a date it's not a prediction!

"We'll have affordable flying cars by 2020." <-- prediction

"We'll have affordable flying cars someday!" <-- fapping

Many people would consider both statements to be caressing the fun sausage.

[NotLambchop]

BTC is for the poor, not the rich. I travel to india quite a bit, and people there are just starting to get it. 6 -12 month fluctuations are irrelevant. It's time is coming, in the short term in may not make a bunch of lazy assholes super rich like they were planning, but it will full fill its promise.

Please understand that if not for those lazy assholes, 1 BTC would be worth pennies at most.  That would be [arguably] good for Bitcoin, but I suspect YOU wouldn't want that to happen, amirite?

[maker88]

Here is my prognosis:

The chances of sub $50: only 10% chance

sub $100: 20% chance

70% chance of:

"Final capitulation" .... looks to stand at around $120-$250

So zero% chance you are wrong?  Seems like you'd have a lot more credibility if you admitted some fallibility.

He didn't place a date on it. Ergo, there is zero chance that he is wrong. Zilch, Zero, nil.

Of the many many retarded things you've said in the last week, this one takes the cake.

[Xiaoxiao]

It's ridiculous that anyone who predicts and sees a down swinging bear market, and a overrated protocol / currency, is deemed as troll by the majority of bull guarders on this forum.

The truth is that the troll has shifted nowadays from the bears to the bulls.

[DeadCoin]

Bitcoin will be the next thing like mobile phones, the internet and computers. In the beginning they seemed stupid/useless but once widespread and adopted a trilliondollar business.

Or a Segway

http://www.theatlantic.com/business/archive/2013/11/bitcoin-is-the-segway-of-currency/281625/

[phoenix1]

LOL Segways !!

you can't ride a Segway without looking like a "smug dork." And people generally try to avoid looking like that.

 

[oceans]

Not quite sure myself how anyone can predict exactly what may happen but I am all for listening to people's views and seeing where they are coming from. Bitcoin could drop in price again and if it does we should be prepared for that, whether it will drop as low as you predict is something we will find out sooner or later.

[DeadCoin]

LOL Segways !!

you can't ride a Segway without looking like a "smug dork." And people generally try to avoid looking like that.

 

Conclusion:

"So the biggest difference between Segway and Bitcoin might be that even mall cops won't use Bitcoin."

[spacehopper]

"So the biggest difference between Segway and Bitcoin might be that even mall cops won't use Bitcoin."

No, I heard the guy that invented Segway was killed after falling off a cliff when riding one. Bitcoin probably won't kill Satoshi.

[Wilhelm]

"So the biggest difference between Segway and Bitcoin might be that even mall cops won't use Bitcoin."

No, I heard the guy that invented Segway was killed after falling off a cliff when riding one. Bitcoin probably won't kill Satoshi.

If his identity is uncovered and he's holding BTC1200000 there will be enough motive to get him killed....
So Bitcoin is more like Segway than you think.

[inca]

It's ridiculous that anyone who predicts and sees a down swinging bear market, and a overrated protocol / currency, is deemed as troll by the majority of bull guarders on this forum.

The truth is that the troll has shifted nowadays from the bears to the bulls.

Oh calm down silly sausage. Just because the huge preponderance of obvious trolling threads and a few accounts of ONE single person have been silenced. What a difference it makes, too - harmony and ill feeling has left the forum in one fell swoop to reveal the true feeling of the forum.

Reasonable debate is to be welcomed always.

Your contribution so far is to suggest there is a 70% chance of  fall to 50-100 dollars from 475 dollars citing no evidence whatsoever. Good luck with your short.

[bazar165g]

the fact remains there is a lot more poeple into bitcoin ( more die hard believers  ) than ever, i can't believe price is inflated.... price was inflated at 1000$, but its not like there wasn't massive dumps at these "inflated" levels, and it snapped back over and over. now price is depressed because everyone that was in it for a quick buck has left. even some "sophisticated investors", are leaving because of the poor performance bitcoins has been showing the past year.

so what, good riddance, we don't need them, they will probably come back at the worst possible entry point anyway, lol.

meanwhile, a buttload of newbies are waiting for predictions like " if we break 440 its going to crash to 350 in hours " to come true b4 buying, i bet most of them haven't even bothered signing up to a exchange and getting ready, when / if that price comes, that will be the kick in the ass they need to send in the AML paper work, only there will be a backlog, we're gonna see the stampede coming, market will have no choice to go back above 500, newbies are going to "wait for bitcoin to crash again b4 buying in" only it will not crash... then some ETF will come out, brokers gonna call people,  the roof will be on fire, "sophisticated investors" are going to come back full force, and bam 5000$ pre bitcoin, and no sign of topping out.

So when do you expect this to happen?

Adam scammer! Give me money!

[Mccoy818]

Bitcoin will be the next thing like mobile phones, the internet and computers. In the beginning they seemed stupid/useless but once widespread and adopted a trilliondollar business.

Can bitcoin be used by poor people? Mobile phones are used by the poor nowadays.

[qwerty555]

Bitcoin will be the next thing like mobile phones, the internet and computers. In the beginning they seemed stupid/useless but once widespread and adopted a trilliondollar business.

Can bitcoin be used by poor people? Mobile phones are used by the poor nowadays.

yes............  very much so
....
Billions of people on the planet have no access to bank accounts and, frankly, the banking system has shown no interest in them.

Already, mobile phone technology has moved in to fill the gap – by creating a whole new payment system that allows people to move money by text. The M-Pesa system in Kenya is the most developed example. In that country, 12 million people use a text message system developed by Vodafone to make transfers - that's more than a quarter of the population.

http://www.channel4.com/news/bitcoin-bank-of-england-super-rich-excluded-poor-internet-currency

http://cryptocrimson.com/2014/06/bitcoin-leveraged-bitpesa-makes-official-debut-kenya/

[lightningmccoin]

Bitcoin will be the next thing like mobile phones, the internet and computers. In the beginning they seemed stupid/useless but once widespread and adopted a trilliondollar business.

Can bitcoin be used by poor people? Mobile phones are used by the poor nowadays.

yes............  very much so
....
Billions of people on the planet have no access to bank accounts and, frankly, the banking system has shown no interest in them.

Already, mobile phone technology has moved in to fill the gap – by creating a whole new payment system that allows people to move money by text. The M-Pesa system in Kenya is the most developed example. In that country, 12 million people use a text message system developed by Vodafone to make transfers - that's more than a quarter of the population.

http://www.channel4.com/news/bitcoin-bank-of-england-super-rich-excluded-poor-internet-currency

http://cryptocrimson.com/2014/06/bitcoin-leveraged-bitpesa-makes-official-debut-kenya/

So are yout thinking poor people could have internet in their homes? have pc or laptop or even phones? You think the slums of India have internet?

[qwerty555]

Bitcoin will be the next thing like mobile phones, the internet and computers. In the beginning they seemed stupid/useless but once widespread and adopted a trilliondollar business.

Can bitcoin be used by poor people? Mobile phones are used by the poor nowadays.

yes............  very much so
....
Billions of people on the planet have no access to bank accounts and, frankly, the banking system has shown no interest in them.

Already, mobile phone technology has moved in to fill the gap – by creating a whole new payment system that allows people to move money by text. The M-Pesa system in Kenya is the most developed example. In that country, 12 million people use a text message system developed by Vodafone to make transfers - that's more than a quarter of the population.

http://www.channel4.com/news/bitcoin-bank-of-england-super-rich-excluded-poor-internet-currency

http://cryptocrimson.com/2014/06/bitcoin-leveraged-bitpesa-makes-official-debut-kenya/

So are yout thinking poor people could have internet in their homes? have pc or laptop or even phones? You think the slums of India have internet?

There are enough and the numbers are growing fast. The poorest of the poor do not yet have their own but they will most probably know someone who has and have the opportunity to use that until they can get their own. Why would they? E commerce and remittance via sms saves money.

http://www.dazeinfo.com/2014/07/11/mobile-internet-india-2014-349-million-unique-mobile-phone-users-70-traffic-mobile-india-shining-infographic/

http://www.dazeinfo.com/2014/06/22/smartphone-apac-market-forecast-2014-2018-india-china-australia-japan-growth/


http://www.statista.com/statistics/257048/smartphone-user-penetration-in-india/

[lamaze]

Bitcoin will be the next thing like mobile phones, the internet and computers. In the beginning they seemed stupid/useless but once widespread and adopted a trilliondollar business.

Can bitcoin be used by poor people? Mobile phones are used by the poor nowadays.

yes............  very much so
....
Billions of people on the planet have no access to bank accounts and, frankly, the banking system has shown no interest in them.

Already, mobile phone technology has moved in to fill the gap – by creating a whole new payment system that allows people to move money by text. The M-Pesa system in Kenya is the most developed example. In that country, 12 million people use a text message system developed by Vodafone to make transfers - that's more than a quarter of the population.

http://www.channel4.com/news/bitcoin-bank-of-england-super-rich-excluded-poor-internet-currency

http://cryptocrimson.com/2014/06/bitcoin-leveraged-bitpesa-makes-official-debut-kenya/

So are yout thinking poor people could have internet in their homes? have pc or laptop or even phones? You think the slums of India have internet?

There are enough and the numbers are growing fast. The poorest of the poor do not yet have their own but they will most probably know someone who has and have the opportunity to use that until they can get their own. Why would they? E commerce and remittance via sms saves money.

http://www.dazeinfo.com/2014/07/11/mobile-internet-india-2014-349-million-unique-mobile-phone-users-70-traffic-mobile-india-shining-infographic/

http://www.dazeinfo.com/2014/06/22/smartphone-apac-market-forecast-2014-2018-india-china-australia-japan-growth/


http://www.statista.com/statistics/257048/smartphone-user-penetration-in-india/

KNowing someone who was is not the same if you have you own