Bitcoin today is like what FB was in 2006

mvidetto

sr. member

Activity: 462

Merit: 250

Quote from: BitCloud on November 11, 2013, 10:08:58 PM

I see BTC having (at a minimum) a similar value potential to previous paradigm shifts:

- FB social
- GOOG search
- MSFT, AAPL hardware

Or Banking:
- BAC
- CITI
etc

All these companies start at around $150B in valuation.

Bitcoin has a 99% MONOPOLY in crypto currencies.

There's a good chance for BTC to enter the 150B league in 4-7 years which would result in a Btc/Usd of around $10,000.

Good analogy, however the time frame will probably be shorter. Bitcoin has been growing at a rate of 10x per year, and while this will in all likelihood slow down, even 4-5x per year will put us at 10k in 2-3 years.

BitCloud

newbie

Activity: 48

Merit: 0

I see BTC having (at a minimum) a similar value potential to previous paradigm shifts:

- FB social
- GOOG search
- MSFT, AAPL hardware

Or Banking:
- BAC
- CITI
etc

All these companies start at around $150B in valuation.

Bitcoin has a 99% MONOPOLY in crypto currencies.

There's a good chance for BTC to enter the 150B league in 4-7 years which would result in a Btc/Usd of around $10,000.

bitcon

legendary

Activity: 2212

Merit: 1008

Quote from: AlexNeto on November 11, 2013, 08:53:19 PM

Quote from: pand70 on November 11, 2013, 04:48:47 PM

Facebook has women. Bitcoin hasn't. Cry

Bitcoin has money.
If you have money, you will have women.

wrong. because i dont tell anyone how much money or BTC i have.

goxed

legendary

Activity: 1946

Merit: 1006

Bitcoin / Crypto mining Hardware.

Quote from: AlexNeto on November 11, 2013, 08:53:19 PM

Quote from: pand70 on November 11, 2013, 04:48:47 PM

Facebook has women. Bitcoin hasn't. Cry

Bitcoin has money.
If you have money, you will have women.

First comes money, then honey Wink

fleabag

member

Activity: 98

Merit: 10

Quote from: goxed on November 11, 2013, 04:27:31 PM

If you buy BTC now you are participating in your own private placement plan. Each BTC is like one share in a strict 21Million float.
Usually only accredited investors get to participate, but with BTC, anyone around the world can invest in this technology.

There are many social media copies like Orkut, myspace, google +, etc. etc. but we already know which one got to be the most popular and why. We also know of atleast 3 VCs common between FB and BTC

Good analogy

AlexNeto

hero member

Activity: 658

Merit: 536

Z-pay.io

Quote from: pand70 on November 11, 2013, 04:48:47 PM

Facebook has women. Bitcoin hasn't. Cry

Bitcoin has money.
If you have money, you will have women.

nanobtc

hero member

Activity: 605

Merit: 634

Quote from: pand70 on November 11, 2013, 04:48:47 PM

Facebook has women. Bitcoin hasn't. Cry

waitaminnut, this isn't Slashdot?

In Soviet Russia, bitcoin mines you.

Edit: Lest this seem puzzling or rude, Slashdot is a predominately male tech site. There is a long-running joke about "Soviet Russia", even though the term is wrong.

balanghai

sr. member

Activity: 364

Merit: 253

Hahaha but most of the bitcoin owners has at least been married or has girlfriend that has knowledge about bitcoin. So i guess not for the single ladies? Roll Eyes

notme

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Merit: 1002

Quote from: superduh on November 11, 2013, 05:01:33 PM

Quote from: notme on November 11, 2013, 04:50:17 PM

Quote from: pand70 on November 11, 2013, 04:48:47 PM

Facebook has women. Bitcoin hasn't. Cry

What about BitChick and BitcoinAshley? Tongue

Oh wait, that's the whole list. I guess you have a point.

what makes you think those are real women?

BitChick's husband might be able to vouch for her, and BitcoinAshley's attitude makes it pretty obvious (at least to me).

However pointing out and discussing the only 2 who are publically displaying their gender is probably not the best way to address the obvious gender imbalance.

Odrec

member

Activity: 112

Merit: 10

Quote from: kireinaha on November 11, 2013, 05:20:22 PM

Apples and oranges, my friend. The only thing in common is that if you invested in either platform in the first year or so (either being in the FB inner circle or mining bitcoins) you'd be filthy rich now.

Let's just hope bitcoin is the "Facebook" of cryptocurrency and not the MySpace.

That's why keeping some funds in the next best thing: litecoin, could be a good idea in case bitcoin becomes myspace and litecoin facebook.

kireinaha

sr. member

Activity: 350

Merit: 253

Apples and oranges, my friend. The only thing in common is that if you invested in either platform in the first year or so (either being in the FB inner circle or mining bitcoins) you'd be filthy rich now.

Let's just hope bitcoin is the "Facebook" of cryptocurrency and not the MySpace.

Kluge

donator

Activity: 1218

Merit: 1015

I, for one, can't wait to boot up the Bitcoin client and have a tall rectangle on the left-hand side trying to get me to play all the gambling games. Every day, I'll open up my email account and see the client has barraged me with messages... "You have one new transaction." "Do you know Satoshi Nakamoto?" "Cameron Winklevoss has invited you to Bitcoin Shiny Slots." "Gregory Maxwell has asked you for manure!" "Dank has posted a new message. 'weed cures vitamin K deficiency.'"

superduh

hero member

Activity: 602

Merit: 500

Quote from: notme on November 11, 2013, 04:50:17 PM

Quote from: pand70 on November 11, 2013, 04:48:47 PM

Facebook has women. Bitcoin hasn't. Cry

What about BitChick and BitcoinAshley? Tongue

Oh wait, that's the whole list. I guess you have a point.

what makes you think those are real women?

notme

legendary

Activity: 1904

Merit: 1002

Quote from: pand70 on November 11, 2013, 04:48:47 PM

Facebook has women. Bitcoin hasn't. Cry

What about BitChick and BitcoinAshley? Tongue

Oh wait, that's the whole list. I guess you have a point.

pand70

sr. member

Activity: 476

Merit: 250

Facebook has women. Bitcoin hasn't. Cry

rocks

legendary

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Merit: 1000

Quote from: goxed on November 11, 2013, 04:27:31 PM

We also know of atleast 3 VCs common between FB and BTC

This can not be underestimated. All the FB investors have essentially unlimited funds to throw at reach for the sky type projects, and the connections to build real teams to take the bitcoin infrastructure to the next level.

Wekkel

legendary

Activity: 3108

Merit: 1531

yes

Lets hope BTC wont follow Facebooks IPO aftermath. QE3 saved them...... for a while. Twitter the same boat. QE4 is needed to save that one from embarrasing low teens.

Bitcoin user not affected Cool

aenemic

newbie

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Soooo....... ?

http://farm5.staticflickr.com/4082/4867265230_cbda5fe22c_z.jpg

goxed

legendary

Activity: 1946

Merit: 1006

Bitcoin / Crypto mining Hardware.

If you buy BTC now you are participating in your own private placement plan. Each BTC is like one share in a strict 21Million float.
Usually only accredited investors get to participate, but with BTC, anyone around the world can invest in this technology.

There are many social media copies like Orkut, myspace, google +, etc. etc. but we already know which one got to be the most popular and why. We also know of atleast 3 VCs common between FB and BTC

Topic: Bitcoin today is like what FB was in 2006 (Read 1471 times)