Are we there in Bitcoin or not? Can we equiparate Microsoft which is a business, to Bitcoin which is intended to be a currency?
Topic: A Single Bitcoin will Worth $100K - Do You Believe it? (Read 13614 times)
So what do you guys think about this graphic as seen on the rpietla thread?
Are we there in Bitcoin or not? Can we equiparate Microsoft which is a business, to Bitcoin which is intended to be a currency?
Are we there in Bitcoin or not? Can we equiparate Microsoft which is a business, to Bitcoin which is intended to be a currency?
I guess until they make Bitcoin more secure, and if they reach that high I would imagine you would want something reversible like a bank account...
I mean, if they did get that high I would be absolutely terrified I would be hacked and all of the coins would be gone...
Yes you can take steps to prevent it and all that good stuff but what if I wanted to sell my coins at that point...I would have to put them online for a little bit...
I mean, if they did get that high I would be absolutely terrified I would be hacked and all of the coins would be gone...
Yes you can take steps to prevent it and all that good stuff but what if I wanted to sell my coins at that point...I would have to put them online for a little bit...
The simpler and easier it is, the more people invest to build on it.
I cannot improve on that answer, I have tried to say it before, although it took me a page and you a few words.
Do you mind if I quote you in order to add clarity?
Absolutely not.
Feel free. Reading your essay now. 
Edit: Wow, reading through Bitmark now. Impressive stuff.
Thank you, if you ever feel like discussing something interesting or sharing some insight, please feel free to drop in.
BitCoin will never probably go that high as it will face competition from newer better altcoins. The total market capitalization off all cryptocoins is expected to increase exponentially but BitCoin's share will gradually decrease.
At some point people have to collectively decide what they're going to get behind. You can't operate a very useful economy if it's hopelessly diluted by countless clones.
altcoins are way behind
Were are the altcoin ATMs, where can you spend your altcoins?
Nowhere, and you can't
end of story.
Altcoins are just a pump and dump pyramid scheme and they don't serve much other purpose.
If any altcoin actually improves on some aspect of bitcoin, it will be far easier to just change that aspect of the bitcoin protocol rather than having to rebuild all the infrastructure over and over.
Bitcoin is finally getting some traction in the physical world and big online companies are starting to notice it and sometimes even thinking about implementing it, but they'll never even stop to think about using scamcoin 3000.
ATM will no longer be needed they are going to disappear.
Mobile BTC device. Thats all you need.
The simpler and easier it is, the more people invest to build on it.
I cannot improve on that answer, I have tried to say it before, although it took me a page and you a few words.
Do you mind if I quote you in order to add clarity?
Question is which crypto?
Probably bitcoin, but possible an altcoin could surpass it if it has just the right features to be a currency.
First identify the 'right' features or focus, if the qualities to look for are known, then it will make identifying the potential currencies easier.
Financial services need to be able to be built on top of the blockchain, so XCP or VIA seem like good ideas.
Do they need to be currencies? can they not be bootstrapped or built on any blockchain?
but for us to have 1 coin to use mainly, it has to be completely perfect and sustainable for a while
Sustainable, yes. Fair to say practical? What makes a cryptographic currency impractical is also an interesting question.
Question is which crypto?
Probably bitcoin, but possible an altcoin could surpass it if it has just the right features to be a currency.
First identify the 'right' features or focus, if the qualities to look for are known, then it will make identifying the potential currencies easier.
Question is which crypto?
Probably bitcoin, but possible an altcoin could surpass it if it has just the right features to be a currency.
First identify the 'right' features or focus, if the qualities to look for are known, then it will make identifying the potential currencies easier.
Probably bitcoin, but possible an altcoin could surpass it if it has just the right features to be a currency.
pretty sure crypto is the future of money... its only a matter of time, crypto is far superior, its the next logical step, it wouldn't make sense to stick to fiat for very much longer, fiat has some serious security holes, easily taken adv of, always in a state of collapse, not good for the economy, and once you go crypto you never go back, so.... 
That we all agree.
Question is which crypto?
pretty sure crypto is the future of money... its only a matter of time, crypto is far superior, its the next logical step, it wouldn't make sense to stick to fiat for very much longer, fiat has some serious security holes, easily taken adv of, always in a state of collapse, not good for the economy, and once you go crypto you never go back, so....
My opinion is that either bitcoin is worth nothing, or worth a lot. If bitcoin can't work as a currency it will be worth a low amount, and if it is used as a global currency used by a lot of people, the market cap has to be in the ten to a hundred billions, or even trillions, meaning that a bitcoin has to be worth a lot more than 600$
the price of Bitcoin is exceeding 64 bitcorns on the last day of June..
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that.
I think he is officially wrong in half of the world now.
I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000
the price of Bitcoin is exceeding 64 bitcorns on the last day of June..
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that.
I think he is officially wrong in half of the world now.
I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000
If you are bullish how can you ever think BTC will go to $10 before $100,000?
The chance that the price will fall to $10 is almost zero. Even if SHA-256 is cracked it will be replaced fast by SHA-512 or whatever and there would be bigger problems in the world.
Previous bubbles have shown that there is just so much demand for BTC, after each new high there are higher lows and it's even very unlikely $330 will be seen again.
Along with all the great news lately how do you think it is far more likely?
Should know by now any event is possible however unlikely it is.
Has it occur to anyone that Fannie Mae, which is backed by US government, a company with close to 100 billion market cap before 2008, will go bankrupt and need bail out from taxpayer?
the price of Bitcoin is exceeding 64 bitcorns on the last day of June..
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that.
I think he is officially wrong in half of the world now.
I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000
If you are bullish how can you ever think BTC will go to $10 before $100,000?
The chance that the price will fall to $10 is almost zero. Even if SHA-256 is cracked it will be replaced fast by SHA-512 or whatever and there would be bigger problems in the world.
Previous bubbles have shown that there is just so much demand for BTC, after each new high there are higher lows and it's even very unlikely $330 will be seen again.
Along with all the great news lately how do you think it is far more likely?
the price of Bitcoin is exceeding 64 bitcorns on the last day of June..
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that.
I think he is officially wrong in half of the world now.
I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000
the price of Bitcoin is exceeding 64 bitcorns on the last day of June..
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
A nice prediction by a sad uni professor (Mr. Willams) that 1BTC=1bitcorn ($10) in June 2014
I think that he is to be make fun off until the end of bitcoin...
Hahaha, 10 dollars= 1 bitcorn is hilarious, I'm adopting that.
I think he is officially wrong in half of the world now.
I'm bullish on the future of BTC, but I still think it is far more likely that we see $10 before we see $100,000
it's funny when it comes from a professor who teaches economy though. And the fact that it was so obviously wrong even at the time he predicted it.
In fact most people would probably take him more seriously if he predicted $10 per millibitcoin.
In fact most people would probably take him more seriously if he predicted $10 per millibitcoin.
10,000 per bitcoin is more realistic, at least at short term, in future years we dont know what will happen to fiat empires.
I am a believer. I really hope so also cause I have a nice amount of bit coins.
oh it will be few millions.
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