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Topic: [2014-07-16] The price of Bitcoin will hit $9 trillions by 2140! Great news;) (Read 2586 times)

hero member
Activity: 518
Merit: 500
$9 trillion zimbabwe dollars.
Whichever has the highest value by then Wink
BTW, if you don't believe in Bitcoin you SHOULD NOT be here in the first place!
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
$9 trillion zimbabwe dollars.
hero member
Activity: 518
Merit: 500
In essence it already is.  For every single physical $1 USD bill, you can rest assured there are at least 5 equivalent 'digidollars' somewhere in some high-risk derivative of some sort, or being loaned out in humongous to foreign central banks, or pretty much anything else you can think of other than it actually being loaned out to it's own citizens.

Somebody's debt is somebody else fortune. If you hold e.g. a treasury bill (government's debt) in your hands, you can sell it for cash. All debt, public and private, is about 350% of GDP. GDP is about 16 trln Dollar. Reserves of the banks and currency in circulation is about 1,7 trln Dollars. Now do the math.
Absolutely Wink
sr. member
Activity: 868
Merit: 250
In essence it already is.  For every single physical $1 USD bill, you can rest assured there are at least 5 equivalent 'digidollars' somewhere in some high-risk derivative of some sort, or being loaned out in humongous to foreign central banks, or pretty much anything else you can think of other than it actually being loaned out to it's own citizens.

Somebody's debt is somebody else fortune. If you hold e.g. a treasury bill (government's debt) in your hands, you can sell it for cash. All debt, public and private, is about 350% of GDP. GDP is about 16 trln Dollar. Reserves of the banks and currency in circulation is about 1,7 trln Dollars. Now do the math.
legendary
Activity: 1680
Merit: 1205
$9 trln for one BTC, how will it work?


Cheaper than coal.


Cheaper than wallpaper.


Cheaper than toys.


Cheaper than toilet paper.

That's my main concern, if btc fails you can't use it as fuel or toilet paper!
But it would still be cheaper than video games...
full member
Activity: 145
Merit: 112
To the moon!
Okay so my great grand-children will be obscenely rich Grin Better to shovel my paper wallet somewhere in the backgarden for the future generations Cool
Just cold storage only 0.00001 BTC and that's a great gift for your great great grand child!

then they'll be one of those spoiled trust fund kids that nobody likes...
hero member
Activity: 518
Merit: 500
Okay so my great grand-children will be obscenely rich Grin Better to shovel my paper wallet somewhere in the backgarden for the future generations Cool
Just cold storage only 0.00001 BTC and that's a great gift for your great great grand child!
legendary
Activity: 2604
Merit: 1036
Okay so my great grand-children will be obscenely rich Grin Better to shovel my paper wallet somewhere in the backgarden for the future generations Cool
legendary
Activity: 1441
Merit: 1000
Live and enjoy experiments
When in doubt, past history of fiat money is the best indication for the future to come ...  
hero member
Activity: 518
Merit: 500
But, this will be well after they start printing the thousand, million, billion and trillion dollar bills.
By then it's all digital, who needs paper money?

The US Dollar will be a cryptocurrency.
In essence it already is.  For every single physical $1 USD bill, you can rest assured there are at least 5 equivalent 'digidollars' somewhere in some high-risk derivative of some sort, or being loaned out in humongous to foreign central banks, or pretty much anything else you can think of other than it actually being loaned out to it's own citizens.
It takes time to get people used to the fact that they control their own destiny not their government!
legendary
Activity: 1610
Merit: 1000
Well hello there!
But, this will be well after they start printing the thousand, million, billion and trillion dollar bills.
By then it's all digital, who needs paper money?

The US Dollar will be a cryptocurrency.
In essence it already is.  For every single physical $1 USD bill, you can rest assured there are at least 5 equivalent 'digidollars' somewhere in some high-risk derivative of some sort, or being loaned out in humongous to foreign central banks, or pretty much anything else you can think of other than it actually being loaned out to it's own citizens.
newbie
Activity: 42
Merit: 0
Predictions...

1 yr: $1k
5 yr: $3k
10yr: $10k

Just my $.02
hero member
Activity: 518
Merit: 500
But, this will be well after they start printing the thousand, million, billion and trillion dollar bills.
By then it's all digital, who needs paper money?

The US Dollar will be a cryptocurrency.
It's 21st century and most if not everything should be digital Wink
full member
Activity: 145
Merit: 112
To the moon!
But, this will be well after they start printing the thousand, million, billion and trillion dollar bills.
By then it's all digital, who needs paper money?

The US Dollar will be a cryptocurrency.
hero member
Activity: 518
Merit: 500
But, this will be well after they start printing the thousand, million, billion and trillion dollar bills.
By then it's all digital, who needs paper money?
full member
Activity: 145
Merit: 112
To the moon!
But, this will be well after they start printing the thousand, million, billion and trillion dollar bills.
sr. member
Activity: 868
Merit: 250
$9 trln for one BTC, how will it work?


Cheaper than coal.


Cheaper than wallpaper.


Cheaper than toys.


Cheaper than toilet paper.
hero member
Activity: 518
Merit: 500
It's here to stay and the math is simple "Supply vs Demand"!
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
This looks no different to me than "bitcoin will drop to $1!!!!"  Roll Eyes
sr. member
Activity: 868
Merit: 250
if the fiat currency fails and the US Dollar reach the Zimbabwe Dollar figures

By then there will be US-Dollars traded as collectibles only. Wink
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