lyth0s
Legendary
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Activity: 1260
Merit: 1000
World Class Cryptonaire
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October 14, 2014, 01:53:41 AM |
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Right now there is 3600 bitcoins created a day, which sounds freaking HUGE. But then when you take into consideration that the US debt increases by about 2.5 BILLION dollars a day...suddenly the bitcoin world seems to be a lesser evil. Yes there is difference in percentage of total market cap that is being created per day, but at least we all know that the percentage of new bitcoins / market cap WILL decrease over time. As for the USD the amount of new debt per day will likely increase in relation to the total USD "market cap".
Also keep in mind that every year the purchasing power of bitcoin is going up, while the purchasing power of the USD decreases by 2-9% depending on who's inflation statistic you want to use.
Was $1000/coin last year a huge bubble? You bet. I'm personally pretty comfortable knowing that my $100 bitcoin last year is now worth $300 in purchasing power and I expect it to be even higher next year as the USD continues to devaluate as most countries are purposely attempting to weaken their own currency to encourage exports.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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culexevilman
Legendary
Offline
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
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October 14, 2014, 01:54:55 AM |
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Bitcoin should be 5000 USD by next year @ this time.
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touhonoob
Newbie
Offline
Activity: 42
Merit: 0
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October 14, 2014, 01:55:55 AM |
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Bitcoin should be 5000 USD by next year @ this time.
quote for reminding  |
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solex
Legendary
Offline
Activity: 1078
Merit: 1002
100 satoshis -> ISO code
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October 14, 2014, 02:03:38 AM
Last edit: October 14, 2014, 05:52:51 AM by solex |
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...
Because I knew this thing was going to crash and stablize at no more than $100, for a very very long time. I was here in 2011, and I knew bitcoin's potential was that it had potential. That was about it. Now that it has reached its potential, which is that it might have more potential, it is nothing more than just a dot com bubble and might be useful, the protocol, few hundred years down the line. And that is in very rare and extreme cases.
At any rate, this is my final warning. I will sit back and just watch the show with popcorn in hand. Good night folks.
HA HA HA. Just seen this. Final warning folks, say good night to any chance of $100 orders getting filled. |
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awesome31312
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October 14, 2014, 02:51:37 AM |
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Bitcoin should be 5000 USD by next year @ this time.
quote for reminding These fail speculations always fail |
Account recovered 08-12-2019
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fewcoins
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October 14, 2014, 01:09:13 PM |
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...
Because I knew this thing was going to crash and stablize at no more than $100, for a very very long time. I was here in 2011, and I knew bitcoin's potential was that it had potential. That was about it. Now that it has reached its potential, which is that it might have more potential, it is nothing more than just a dot com bubble and might be useful, the protocol, few hundred years down the line. And that is in very rare and extreme cases.
At any rate, this is my final warning. I will sit back and just watch the show with popcorn in hand. Good night folks.
HA HA HA. Just seen this. Final warning folks, say good night to any chance of $100 orders getting filled. $100 in short term probably won't happen as fast as we thought... But please don't let these "paint job" traders fool you into painting this chart to look like strength. There will be a correction back to the mean, nobody knows when, but to say HAHA everytime it goes up for a few days it just shows you have no patience & will probably be the first one to sell on the way down |
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Unbelive
Full Member
Offline
Activity: 210
Merit: 100
Invest & Earn: https://cloudthink.io
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October 14, 2014, 02:12:21 PM |
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I think Xiaoxiao abandoned his own thread.
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fewcoins
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October 14, 2014, 07:11:37 PM |
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I think Xiaoxiao abandoned his own thread.
Why wouldn't he... everyone just bashes anyone who doesn't say BUY BUY BUY  |
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pattu1
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October 15, 2014, 01:32:02 PM |
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He will be back once the btc price starts going down again.  |
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fewcoins
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October 15, 2014, 01:52:35 PM |
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He will be back once the btc price starts going down again. I doubt it... this community doesn't discuss what price it will fall too! They just say buy buy buy , perma bull BS! |
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RodeoX
Legendary
Offline
Activity: 3066
Merit: 1147
The revolution will be monetized!
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October 15, 2014, 01:55:41 PM |
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He will be back once the btc price starts going down again. I doubt it... this community doesn't discuss what price it will fall too! They just say buy buy buy , perma bull BS! He is clearly gone because the price is going up. As are most of the bear-trolls. Just like every time the price goes up. Now the perma-bulls take over and make equally silly predictions. |
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resya
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October 15, 2014, 01:57:07 PM |
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It's holding strong above $340, I think we are safe now
Much lower than $340 would be Fucked up for bitcoin, plan on visiting $300s at some point after that, but my money is all-in for this Day TODAY.... you can knock me down and watch me bleed, but you can't keep no chains on me ~ BTC |
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pattu1
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October 15, 2014, 04:42:15 PM |
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It's holding strong above $340, I think we are safe now
Much lower than $340 would be Fucked up for bitcoin, plan on visiting $300s at some point after that, but my money is all-in for this Day TODAY.... you can knock me down and watch me bleed, but you can't keep no chains on me ~ BTCWe should be over $400 soon and that will be the new floor. |
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nelruk
Member
Offline
Activity: 115
Merit: 11
Bitcoin is revolution
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October 15, 2014, 05:25:48 PM |
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Before you go Xiaoxiao, I need your BTC, I have Zimbawe's dollar and argentinian peso but also United States dollar so if you don't like anymore your virtual coins please send me. |
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Gimpeline
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October 15, 2014, 05:34:13 PM |
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Before you go Xiaoxiao, I need your BTC, I have Zimbawe's dollar and argentinian peso but also United States dollar so if you don't like anymore your virtual coins please send me. I think I can outbid. If I remember right, faiili.. sorry Xiaoxiao said bitcoin will be worth 10 dollars soon. I'm willing to buy them for 11  This is your chanse to make some proffit faii.. I mean Xiaoxiao |
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asdlolciterquit
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October 16, 2014, 09:16:37 AM |
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Stop going all in on bitcoins, and start holding on to something that is more reliable, like fiat. This was my post when bitcoin went OVER 1k. A lot of you guys were at a type of high unrivaled by anyone, not even a crack head. This was my post: "You guys are all FUCKED" Because I knew this thing was going to crash and stablize at no more than $100, for a very very long time. I was here in 2011, and I knew bitcoin's potential was that it had potential. That was about it. Now that it has reached its potential, which is that it might have more potential, it is nothing more than just a dot com bubble and might be useful, the protocol, few hundred years down the line. And that is in very rare and extreme cases. At any rate, this is my final warning. I will sit back and just watch the show with popcorn in hand. Good night folks. i don't understand why you think this... |
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awesome31312
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October 18, 2014, 06:12:09 AM |
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Prediction: $200 Bitcoin soon
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Account recovered 08-12-2019
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xcapator
Sr. Member
Offline
Activity: 322
Merit: 252
Here I Am !!
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October 18, 2014, 10:55:06 AM |
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I think BTC is going to hit $350 again in near future, there are projections all over r/bitcoin, people are being instructed to dump and buy back at that price or even lower
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awesome31312
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October 18, 2014, 11:23:39 AM |
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I think BTC is going to hit $350 again in near future, there are projections all over r/bitcoin, people are being instructed to dump and buy back at that price or even lower
yeah, good thing r/bitcoin doesn't hold a monopoly over the economy |
Account recovered 08-12-2019
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Xiaoxiao (OP)
Legendary
Offline
Activity: 1274
Merit: 1000
The Golden Rule Rules
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November 03, 2014, 05:49:43 AM |
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bulls did not heed to my final warning, now they are hamburger patties.
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