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SunBin
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October 20, 2014, 05:53:19 PM |
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Hodling hard until it reach $10,000...
And what will you do if that never happen? Will you sell if the price keep falling? |
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xcapator
Sr. Member
 Offline
Activity: 322
Merit: 252
Here I Am !!
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October 20, 2014, 08:48:26 PM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
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thew3apon
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October 21, 2014, 12:52:22 AM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. |
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pattu1
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October 21, 2014, 10:20:48 AM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. It doesn't matter if a majority of people believe the fair price should be $1000. What matters is will they act on their belief and spend fiat to buy bitcoins because they think it is undervalued? |
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bitsalame (OP)
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 21, 2014, 04:15:04 PM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. |
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username18333
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October 24, 2014, 02:12:40 AM
Last edit: October 24, 2014, 02:30:29 PM by username18333 |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. Yours is a labor theory of value. |
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bitsalame (OP)
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 24, 2014, 05:12:07 AM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. Your is a labor theory of value. Wtf |
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username18333
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October 24, 2014, 02:33:49 PM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. Your is a labor theory of value. Wtf Extrinsic valuation does not, necessarily, prove so hailed of intrinsic sacrifice therefor. |
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vvv8
Member
Offline
Activity: 420
Merit: 10
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October 24, 2014, 03:21:47 PM |
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HODLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL!!!!!
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o_o
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October 24, 2014, 05:21:21 PM |
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Main reason to hodl is that in 2016 there will be the halving and price will increase up a lot.
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Nikinger
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October 24, 2014, 05:23:58 PM |
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Main reason to hodl is that in 2016 there will be the halving and price will increase up a lot.
Like from $50 to $100? |
1EwKrY5Bn3T47r4tYqSv6mMQkUyu7hZckV
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o_o
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October 24, 2014, 05:25:55 PM |
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Main reason to hodl is that in 2016 there will be the halving and price will increase up a lot.
Like from $50 to $100? like you, I can not know price of bitcoin in the next future which will be. but, i can suggest you that there is an high possibility that price will increase. |
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bitsalame (OP)
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 24, 2014, 06:43:13 PM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. Your is a labor theory of value. Wtf Extrinsic valuation does not, necessarily, prove so hailed of intrinsic sacrifice therefor. Again, wtf^2 |
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username18333
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October 25, 2014, 02:26:05 AM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. Your is a labor theory of value. [WTF‽] Extrinsic valuation does not, necessarily, prove so hailed of intrinsic sacrifice therefor. Again, [WTF²‽] "People don't care about what you 'give up,' but about what they stand to gain." |
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bitsalame (OP)
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 25, 2014, 02:30:16 AM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. Your is a labor theory of value. [WTF‽] Extrinsic valuation does not, necessarily, prove so hailed of intrinsic sacrifice therefor. Again, [WTF²‽] "People don't care about what you 'give up'; they care about what they stand to gain." WTF^3 |
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username18333
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October 25, 2014, 02:36:37 AM |
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If 99% of BTC are being held by people who believe BTC to be worth $1,000 or even more, and 1% are being traded back and forth between a minority of the population at $300-$400 each, what is the real value of BTC?
I don't think majority of the people believe price to be $1000, if not the price will already be close to that.. Beliefs and opinions are irrelevant against the forces of the market. I might think that gravity sucks, but that doesn't change the fact that I am stuck on Earth. The same with the market, it is irrelevant if your belief is that it is worthless if there are millions of dollars being poured to the bitcoin ecosystem. The market will react regardless of your or anyone's beliefs. Your is a labor theory of value. [WTF‽] Extrinsic valuation does not, necessarily, prove so hailed of intrinsic sacrifice therefor. Again, [WTF²‽] "People don't care about what you 'give up'; they care about what they stand to gain." WTF[³‽] That "there are millions of dollars being poured to the bitcoin ecosystem" does not mean that it is suddenly, because of that, more valuable to consumers. |
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LightningBlade
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October 25, 2014, 07:02:44 AM |
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There are only 21 million of them, so hold...
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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October 25, 2014, 07:10:55 AM |
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I allready lost alot the 150$ worth I bought last week @ 455.79 CAD is now worth 112.18 CAD (was 140) completly screwed me over this drop I really really hope it goes back up... atleast make it worth 130.. sucks so bad
Start using those BTC to accumulate more BTC. If/When the price goes back up, you'll have more. 
I think I am screwed.. never ment to have the btc this long.. Spent all the money I had/have on it  And this is why Bitcoin adoption is doomed... |
Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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btcmulisha
Newbie
Offline
Activity: 28
Merit: 0
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October 25, 2014, 10:15:50 AM |
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Hodling hard until it reach $10,000...
And when do you think will that happen? |
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bitsalame (OP)
Donator
Hero Member
Offline
Activity: 714
Merit: 510
Preaching the gospel of Satoshi
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October 25, 2014, 05:50:39 PM |
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Hodling hard until it reach $10,000...
And when do you think will that happen? Next Year |
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