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futureofbitcoin
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May 14, 2015, 09:03:19 PM |
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*non-troll*
While I agree with Amph's standpoint, I think he lost the argument... by far.
The thing is though, you can't just look at it that way. VCs normally expect returns in 5-10 years. If 2013 was when VC money first entered, it's only been 2 years. Give it another 3-7 years, and who knows.
It's like looking at an elementary student, and saying he can never be a world class swimmer. Way too slow. Well, guess what. He is still growing, and improving his speed.
Will bitcoin survive? Who knows. But to simply look only at price is not the answer. If that was so, it never would have reached $2 when it was $1.
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WhatTheGox
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May 15, 2015, 09:11:20 AM |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
If you can hold 100 bitcoins to $10k and you have no other money you are a better man then me, i will cash a few @ a few k but the rest i will hold forever.  |
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scumbag
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★Support For PHILIPPINES Sub Forum★
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May 15, 2015, 09:33:04 AM |
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I read an article, this coming 2020 the price of a bitcoin will be ranged to $100k - $1M. I don't know if this possible.
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Meuh6879
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May 15, 2015, 12:22:16 PM |
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I read an article, this coming 2020 the price of a bitcoin will be ranged to $100k - $1M. I don't know if this possible.
in 2012, BTC at 200 USD ... is impossible in the mind of bitcoin members. well, and now ...   |
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gentlemand
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Welt Am Draht
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May 15, 2015, 06:06:18 PM
Last edit: May 15, 2015, 06:25:19 PM by gentlemand |
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Bitcoin's rise to its present value can happen tens or hundreds of times over without making that much of a splash in a wider context.
Going from $0 to $100,000 + means that you're well on your way to biting a chunk out of the global consciousness. That can only happen a handful of times and it needs to be something massively compelling.
Maybe the foundations are being laid right now. Who knows?
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Fabrizio89
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May 15, 2015, 06:10:39 PM |
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By this rate you will be a trillionaire for sure.
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rjclarke2000
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May 15, 2015, 06:24:03 PM |
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I am not sure by 2020 you will be.
I think 100 is a great number and I am certain if Bitcoin continues you will be by 2025.
I wish I had 100!
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vOLUxF
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May 15, 2015, 06:24:54 PM |
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You will be poorer than now because the money you used to buy this 100 btc will be all gone, nil,zero$.
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Biodom
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May 15, 2015, 10:37:58 PM |
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1200 peak never happened it was all fabricated ad hoc
people keep beating up on this too much markets are supposed to be efficient...you cannot fake the market upwards for a long time if it "wants" to go down or will have to spend a lot of money trying. Was there a bubble in AMZN in 2000? 2001-2002 said that it was, and Henry Blodget with his $400 (now $100) target was driven out of Morgan Stanley as a result, but 2015 clearly says that it WASN'T a bubble afterall. Time has a habit of fixing old misconceptions. Check out this AMZN chart on max range:bubble-crash-steady rise. http://finance.yahoo.com/echarts?s=AMZN+Interactive#symbol=AMZN;range=my |
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Amph
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May 16, 2015, 07:07:38 AM |
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1200 peak never happened it was all fabricated ad hoc
people keep beating up on this too much markets are supposed to be efficient...you cannot fake the market upwards for a long time if it "wants" to go down or will have to spend a lot of money trying. Was there a bubble in AMZN in 2000? 2001-2002 said that it was, and Henry Blodget with his $400 (now $100) target was driven out of Morgan Stanley as a result, but 2015 clearly says that it WASN'T a bubble afterall. Time has a habit of fixing old misconceptions. Check out this AMZN chart on max range:bubble-crash-steady rise. http://finance.yahoo.com/echarts?s=AMZN+Interactive#symbol=AMZN;range=myit wasn't in fact for a long time but for two months or less( i don't remember exactly now), too short of a time for the price to skyrocket that much. it's obvious that it was all articulated by someone there is a theory behind it that say it was an hacker of mtgox that with many bots raised it |
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huadylmate
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May 16, 2015, 07:44:10 AM |
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100 btc you will be lucky if you make it to $50,000, so no in my opinion you will not become a millionaire because of 100btc but don't be said neither will we!
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avalonboy
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May 16, 2015, 10:14:57 AM |
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I think bitcoin price wll be around 10000 and more USD in next year because big economy colaps. EUR and USD currency drop down and BTC increase value to 10k
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rjclarke2000
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May 16, 2015, 10:21:39 AM |
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I think bitcoin price wll be around 10000 and more USD in next year because big economy colaps. EUR and USD currency drop down and BTC increase value to 10k
So if the dollar and euro drop we are down to the same old argument..... If that actually happened, what would be the purchasing power of that 10k? I guess not a lot |
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avalonboy
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May 16, 2015, 11:44:47 AM |
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Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future  |
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futureofbitcoin
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May 16, 2015, 03:41:44 PM |
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Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future 1.2 billion would be about a third of the marketcap today... |
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Denker
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May 16, 2015, 04:47:13 PM |
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Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future 1.2 billion would be about a third of the marketcap today... Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance. |
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Biodom
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May 16, 2015, 09:54:30 PM |
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Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future 1.2 billion would be about a third of the marketcap today... Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance. interesting, so "trillion" is called "billion" in german. Confusing as heck for US folks. I see... billion is called milliard(e). Further, next one after is billiard (10^12), then trillion (10^18 instead of US 10^12). so european trillion =a million of american trillions |
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rjclarke2000
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May 16, 2015, 09:59:38 PM |
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Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future 1.2 billion would be about a third of the marketcap today... Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance. interesting, so "trillion" is called "billion" in german. Confusing as heck for US folks. I see... billion is called milliarde. A trillion dollar market cap would be the most amazing thing to see. I hope to see this one day. |
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rjclarke2000
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May 16, 2015, 10:03:05 PM |
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Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future 1.2 billion would be about a third of the marketcap today... Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance. interesting, so "trillion" is called "billion" in german. Confusing as heck for US folks. I see... billion is called milliard(e). Further, next one after is billiard (10^12), then trillion (10^18 instead of US 10^12). so european trillion =a million of american trillions Not all of Europe. Unless I am being a total retard 1000 billion in the UK is a trillion |
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