Topic: Bitcoin to $1000 on July 2016 - page 2. (Read 3296 times)

Quote from: TheRealistMassiah1 on July 13, 2015, 06:52:24 AM

Quote from: bornil267645 on July 13, 2015, 05:24:16 AM

Let's not get ourselves over the moon before bitcoin, okay? Let's think this through. Do you think it would be good for global adoption if bitcoin stays this volatile.? Don't you want to see bitcoin as a day to day currency rather that some pump and dump? How can you present some currency to some adopting venture if it doesn't yet have a steady market price? So I think reaching 1000 mark is too optimistic, don't you think?

Where do you retards all come from. Volatility is going to be a fact of life until we reach full adoption, many years from now. There is no way to avoid it and it is not even a bad thing.

You do realized stable economies want to limit volatility right.. Example is the Chinese markets as they are coming out from an emerging market growth ... When an Intangible Asset Account (aka bitcoin aka commodity note) has high volatility it ruins it since
... that type of volatility ruins the basis for its standing, especially when it is as fragile as bitcoin
... Volatility is the death of bitcoin not the future of it.

Volatility is unavoidable. Deal with it.

Quote from: Morecoin Freeman on July 13, 2015, 05:33:47 AM

The future of money isn't bitcoin and the future of bitcoin isn't money.

Agree. Still bitcoin the token will be worth a lot (more)!

Inca if the prices were to reach $100 that would mean hundreds of thousands of potential buyers have had a chance to buy at every other even denomination (eg .. $290 $280 $270 ... $200 ... $150.. $140 ... $100) it's a long path and if there is "support" and it still reaches the 100 dollar mark I have no clue how bitcoin will sustain itself and not further collapse as others have lost hope as they see the numbers dwindle down lower and lower =/ .... and lol your logic of "volatility is unavoidable... and just to obliviously deal with it" sigh......

and for 8up, "Bitcoin the token" ... is that the mascot name for bitcoin??? or am I forgetting something don't you mean Bitcoin the hashed string of characters that we keep privately O_O lols

in fact you are right. sorry for beeing to imprecise Wink

Edit: + bitcoin is more than that. it could function as money. but probably there are more important applications for these HSOC (hashed strings of charcters).

Bitcoin on a certain level facilitates a held "realized value" of money , it is not actual money until you "Realize the value" of it ... Example : you put money into an account lets say $100... then you hope day by day it either stays at $100 or more .. but if it goes below $100 to $90 well you haven't loss the $10 , until you exchange your "bitcoin" for money .... so its more of a "commodity note" / intangible asset account .... but none the less the "important applications" for bitcoin are already utilized on a very very large scale in real life at a market cap of 100's of times of bitcoins ...

Side note this market utilization = $400,000,000,000 in usd or more each DAY! ...

not on a trust enforcing basis. btw - i think we have a different understanding of important applications.

TheRealistMassiah1

newbie

Activity: 28

Merit: 0

Quote from: 8up on July 13, 2015, 07:21:18 AM

Quote from: TheRealistMassiah1 on July 13, 2015, 07:17:50 AM

Quote from: TheRealistMassiah1 on July 13, 2015, 06:52:24 AM

Quote from: bornil267645 on July 13, 2015, 05:24:16 AM

Let's not get ourselves over the moon before bitcoin, okay? Let's think this through. Do you think it would be good for global adoption if bitcoin stays this volatile.? Don't you want to see bitcoin as a day to day currency rather that some pump and dump? How can you present some currency to some adopting venture if it doesn't yet have a steady market price? So I think reaching 1000 mark is too optimistic, don't you think?

Where do you retards all come from. Volatility is going to be a fact of life until we reach full adoption, many years from now. There is no way to avoid it and it is not even a bad thing.

You do realized stable economies want to limit volatility right.. Example is the Chinese markets as they are coming out from an emerging market growth ... When an Intangible Asset Account (aka bitcoin aka commodity note) has high volatility it ruins it since
... that type of volatility ruins the basis for its standing, especially when it is as fragile as bitcoin
... Volatility is the death of bitcoin not the future of it.

Volatility is unavoidable. Deal with it.

Quote from: Morecoin Freeman on July 13, 2015, 05:33:47 AM

The future of money isn't bitcoin and the future of bitcoin isn't money.

Agree. Still bitcoin the token will be worth a lot (more)!

Inca if the prices were to reach $100 that would mean hundreds of thousands of potential buyers have had a chance to buy at every other even denomination (eg .. $290 $280 $270 ... $200 ... $150.. $140 ... $100) it's a long path and if there is "support" and it still reaches the 100 dollar mark I have no clue how bitcoin will sustain itself and not further collapse as others have lost hope as they see the numbers dwindle down lower and lower =/ .... and lol your logic of "volatility is unavoidable... and just to obliviously deal with it" sigh......

and for 8up, "Bitcoin the token" ... is that the mascot name for bitcoin??? or am I forgetting something don't you mean Bitcoin the hashed string of characters that we keep privately O_O lols

in fact you are right. sorry for beeing to imprecise Wink

Edit: + bitcoin is more than that. it could function as money. but probably there are more important applications for these HSOC (hashed strings of charcters).

Bitcoin on a certain level facilitates a held "realized value" of money , it is not actual money until you "Realize the value" of it ... Example : you put money into an account lets say $100... then you hope day by day it either stays at $100 or more .. but if it goes below $100 to $90 well you haven't loss the $10 , until you exchange your "bitcoin" for money .... so its more of a "commodity note" / intangible asset account .... but none the less the "important applications" for bitcoin are already utilized on a very very large scale in real life at a market cap of 100's of times of bitcoins ...

Side note this market utilization = $400,000,000,000 in usd or more each DAY! ...

8up

hero member

Activity: 618

Merit: 500

Quote from: TheRealistMassiah1 on July 13, 2015, 07:17:50 AM

Quote from: TheRealistMassiah1 on July 13, 2015, 06:52:24 AM

Quote from: bornil267645 on July 13, 2015, 05:24:16 AM

Let's not get ourselves over the moon before bitcoin, okay? Let's think this through. Do you think it would be good for global adoption if bitcoin stays this volatile.? Don't you want to see bitcoin as a day to day currency rather that some pump and dump? How can you present some currency to some adopting venture if it doesn't yet have a steady market price? So I think reaching 1000 mark is too optimistic, don't you think?

Where do you retards all come from. Volatility is going to be a fact of life until we reach full adoption, many years from now. There is no way to avoid it and it is not even a bad thing.

You do realized stable economies want to limit volatility right.. Example is the Chinese markets as they are coming out from an emerging market growth ... When an Intangible Asset Account (aka bitcoin aka commodity note) has high volatility it ruins it since
... that type of volatility ruins the basis for its standing, especially when it is as fragile as bitcoin
... Volatility is the death of bitcoin not the future of it.

Volatility is unavoidable. Deal with it.

Quote from: Morecoin Freeman on July 13, 2015, 05:33:47 AM

The future of money isn't bitcoin and the future of bitcoin isn't money.

Agree. Still bitcoin the token will be worth a lot (more)!

Inca if the prices were to reach $100 that would mean hundreds of thousands of potential buyers have had a chance to buy at every other even denomination (eg .. $290 $280 $270 ... $200 ... $150.. $140 ... $100) it's a long path and if there is "support" and it still reaches the 100 dollar mark I have no clue how bitcoin will sustain itself and not further collapse as others have lost hope as they see the numbers dwindle down lower and lower =/ .... and lol your logic of "volatility is unavoidable... and just to obliviously deal with it" sigh......

and for 8up, "Bitcoin the token" ... is that the mascot name for bitcoin??? or am I forgetting something don't you mean Bitcoin the hashed string of characters that we keep privately O_O lols

in fact you are right. sorry for beeing to imprecise Wink

Edit: + bitcoin is more than that. it could function as money. but probably there are more important applications for these HSOC (hashed strings of charcters).

TheRealistMassiah1

newbie

Activity: 28

Merit: 0

Quote from: TheRealistMassiah1 on July 13, 2015, 06:52:24 AM

Quote from: bornil267645 on July 13, 2015, 05:24:16 AM

Let's not get ourselves over the moon before bitcoin, okay? Let's think this through. Do you think it would be good for global adoption if bitcoin stays this volatile.? Don't you want to see bitcoin as a day to day currency rather that some pump and dump? How can you present some currency to some adopting venture if it doesn't yet have a steady market price? So I think reaching 1000 mark is too optimistic, don't you think?

Where do you retards all come from. Volatility is going to be a fact of life until we reach full adoption, many years from now. There is no way to avoid it and it is not even a bad thing.

You do realized stable economies want to limit volatility right.. Example is the Chinese markets as they are coming out from an emerging market growth ... When an Intangible Asset Account (aka bitcoin aka commodity note) has high volatility it ruins it since
... that type of volatility ruins the basis for its standing, especially when it is as fragile as bitcoin
... Volatility is the death of bitcoin not the future of it.

Volatility is unavoidable. Deal with it.

Quote from: Morecoin Freeman on July 13, 2015, 05:33:47 AM

The future of money isn't bitcoin and the future of bitcoin isn't money.

Agree. Still bitcoin the token will be worth a lot (more)!

Inca if the prices were to reach $100 that would mean hundreds of thousands of potential buyers have had a chance to buy at every other even denomination (eg .. $290 $280 $270 ... $200 ... $150.. $140 ... $100) it's a long path and if there is "support" and it still reaches the 100 dollar mark I have no clue how bitcoin will sustain itself and not further collapse as others have lost hope as they see the numbers dwindle down lower and lower =/ .... and lol your logic of "volatility is unavoidable... and just to obliviously deal with it" sigh......

and for 8up, "Bitcoin the token" ... is that the mascot name for bitcoin??? or am I forgetting something don't you mean Bitcoin the hashed string of characters that we keep privately O_O lols

Ibian

legendary

Activity: 2268

Merit: 1278

Quote from: TheRealistMassiah1 on July 13, 2015, 06:52:24 AM