Bitcoin is a bubble | Bitcointalksearch.org

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: Catmony on November 17, 2016, 11:28:13 AM

Quote from: unknown04 on November 17, 2016, 05:03:17 AM

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

You can be sure that you will be able to see 10k USD per bitcoin within your lifetime if you are not old enough to live next 20-30 years. Grin

If you can get to 2020 without dying, you will probably see 10k+ bitcoins.... Maybe even sooner than that! Wink

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: mindrust on November 16, 2016, 03:51:50 PM

Shit this makes me wanna dump everything i have and gtfo right away. Very good, nice lyrics also. 5/5 for you. Subscribed too.

Jokes aside; If it ever drops to 1$, there would be millions to support bitcoin from that price and it will bounce back to where it was before in miliseconds.

If it dropped to a $1 a few million people would jump on the train so fast it would probably exceed the current price by the following day, as crazy as that sounds, there is so many people who know about btc now but would buy more if it was cheaper, especially in developing countries

afbitcoins

legendary

Activity: 2101

Merit: 1061

Next time bitcoin is in a real bubble you'll know it by your mum asking you to buy her some bitcoin

Leonard2016

hero member

Activity: 1036

Merit: 520

Quote from: unknown04 on November 17, 2016, 05:03:17 AM

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

i really doubt that becasue 10K and 1mil are two stupidly big prices which need a very huge pump (not a rise but a fake pump) from at least 10 willybots on 10 different (mtgox) exchanges to even make that happen and even then it would be hard.

kanazawa

hero member

Activity: 756

Merit: 500

What Buffer Overflow said is undoubtely true. If you notice, every time since dec-2013 it was the same thing... When price is down, Bitcoin is dead, when it is stable it's not attracting, time to jump to shitcoins and when the price is high then some dumb "experttt" makes a videos, creates a thread here just to make some polemic history...

Catmony

hero member

Activity: 854

Merit: 500

Quote from: unknown04 on November 17, 2016, 05:03:17 AM

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

You can be sure that you will be able to see 10k USD per bitcoin within your lifetime if you are not old enough to live next 20-30 years. Grin

Fatanut

legendary

Activity: 1008

Merit: 1060

Quote from: Amadues on November 17, 2016, 07:45:01 AM

Quote from: unknown04 on November 17, 2016, 05:03:17 AM

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

1 milioni per btc in which fiat Cheesy

? Dollar? Pound? Euro?
This BIG (and likely impossible value) could give the possibility to create up to 21.000.000 new millionaire !
I don't think it could be possible

but we can hope something like this (also 100.000 in fiat could be a great point for every bitcoiner!)

It's pretty obvious that he was still talking about USD. 21,000,000 is the upper limit but the actual number would be far from that. Assuming that 1BTC = $1M, even mass adoption happens there wouldn't still be 21 million new millionaires because there are people holding thousands of bitcoins. In addition, I think an average bitcoiner holds more than 1btc in his wallet right now. So newcomers would most probably share not quite a big quantity of bitcoins since most of us are holding our coins.

Amadues

hero member

Activity: 924

Merit: 1001

Quote from: unknown04 on November 17, 2016, 05:03:17 AM

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

1 milioni per btc in which fiat Cheesy

? Dollar? Pound? Euro?
This BIG (and likely impossible value) could give the possibility to create up to 21.000.000 new millionaire !
I don't think it could be possible

but we can hope something like this (also 100.000 in fiat could be a great point for every bitcoiner!)

bamboylee

hero member

Activity: 1148

Merit: 504

Very entertaining song. The video was from 2013 and bitcoin bubble is yet to burst. It must be a very strong bubble, if it really is a bubble. But I will still hold on my bitcoin even if the song said it is a bubble.

unknown04

full member

Activity: 219

Merit: 100

Art is the triumph over chaos

I wonder if I have the chance to see USD10k or 1mil per bitcoin in this lifetime.....

sportis

sr. member

Activity: 406

Merit: 252

Veni, Vidi, Vici

Could you donate some bubbles? Seriously now. There are poor countries in the world that have so inflationary currency if you try to swap in a bank of economically strong countries would not give you a cent or penny. On the other side do you know a country, regardless if it is against their laws, that if I give them bitcoin I could not to exchange it with their fiat money?

jondeen707

member

Activity: 84

Merit: 10

Quote from: mindrust on November 16, 2016, 03:51:50 PM

Shit this makes me wanna dump everything i have and gtfo right away. Very good, nice lyrics also. 5/5 for you. Subscribed too.

Jokes aside; If it ever drops to 1$, there would be millions to support bitcoin from that price and it will bounce back to where it was before in miliseconds.

I totally agree with you, bitcoin is here to stay, so the support would be overwhelming in that case.

JimboToronto

legendary

Activity: 4200

Merit: 4887

You're never too old to think young.

I love poppin' them bubbles.

mindrust

legendary

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Shit this makes me wanna dump everything i have and gtfo right away. Very good, nice lyrics also. 5/5 for you. Subscribed too.

Jokes aside; If it ever drops to 1$, there would be millions to support bitcoin from that price and it will bounce back to where it was before in miliseconds.

crazywack

legendary

Activity: 1148

Merit: 1000

Well is a market of speculation, so yes swings do happen. More so than on a stock exchange because it isn't established like other things such as gold, silver.

TheKoziTwo

legendary

Activity: 1552

Merit: 1047

Nice to see my song getting a newer audience.

The song is ironic. A forum user with the nick of "proudhon" used to post his never ending pessimistic and bearish predictions here in 2012-2013, so much in fact that his name became notorious on the forums. The song is one sung from his perspective while the price keeps raising exponentially. It's a joke about him always remaining a true bear despite the price running away from him.

Original topic:
https://bitcointalksearch.org/topic/the-proudhon-song-bitcoin-is-a-bubble-169548

Buffer Overflow

legendary

Activity: 1652

Merit: 1016

Seems to me Bitcoin is always in one of these:

Price down - Crashing. Bitcoin doomed.
Price stable - Boring. Everyone's lost interest. Bitcoin doomed.
Price up - Bubble. Bitcoin doomed.

U2

hero member

Activity: 676

Merit: 503

I used to be indecisive, but now I'm not sure...

Spoiler alert:

It's that terrible "this girl is on fire" song but changed to "bitcoin is a bubble" . Ugh I hate that song to begin with but this is just durp. Why not take it down when you know you were wrong lol? Bitcoin crashed and now it's back up to $700. What nao!?!

Catmony

hero member

Activity: 854

Merit: 500

Bitcoin isn't bubble and this song seems to be written during GOX got shut down and price was dumping hard. There is no such situation right now for bitcoin.

BingoDog

hero member

Activity: 658

Merit: 505

Nice video for fun and to make you laugh but not very accurate though.
Some people maybe will not notice that this video is actualy old so they might be confused but nice try anyway.
And let us pray for Bitcoin to go even higher.

Topic: Bitcoin is a bubble (Read 1535 times)