Not likely. No reason to buy bitcoins if they are too expensive. There are plenty of other coins now that are much cheaper.
Topic: Bitcoin will reach $10,000 (Read 5108 times)
Not likely. No reason to buy bitcoins if they are too expensive. There are plenty of other coins now that are much cheaper.
Not likely. No reason to buy bitcoins if they are too expensive. There are plenty of other coins now that are much cheaper.
wheres the moron who open this threat
That would be me. I threatened to drive btc to $10,000 with this thread. I'm surprised how easy it was to support my position. We are strong believers, huh? That $260 made us hungry.
Make another one with bitcoin will reach $100 000 000
1 BTC at 100mil? I don't know what I would do with the money really. Complete my fortress and fund a local senator enough to acquire military hardware defenses?
I know! I'm build a bloody space station!
I just cared when it will get back to 110 again.
Dreamers always achieve dreams by dreaming?
Dreamers always achieve dreams by dreaming?
wheres the moron who open this threat
That would be me. I threatened to drive btc to $10,000 with this thread. I'm surprised how easy it was to support my position. We are strong believers, huh? That $260 made us hungry.
Make another one with bitcoin will reach $100 000 000
Could happen but not until there are hundreds of billions of people in the economy. Talk to you in 2313
That would be CRAZY! ;-)
wheres the moron who open this threat
That would be me. I threatened to drive btc to $10,000 with this thread. I'm surprised how easy it was to support my position. We are strong believers, huh? That $260 made us hungry.
Make another one with bitcoin will reach $100 000 000
wheres the moron who open this threat
That would be me. I threatened to drive btc to $10,000 with this thread. I'm surprised how easy it was to support my position. We are strong believers, huh? That $260 made us hungry.
If USD was to go away tomorrow how would you know how much a Bitcoin is worth?
Euros, Yuan, gold, rubles?I think the OP was referring to an increase in Bitcoin's value, not the dollar's collapse, although both are probably inevitable to some degree.
What if there was no more gold or silver or fiat money, How would you determine Bitcoins value then?
wheres the moron who open this threat
Never. My conclusion is that while Bitcoin is useful, it's not THAT useful. It won't be eternally cheaper than other payment solutions, and it has its hassles. While it has way to go, I think it's grossly overpriced at the moment; the "natural" value of Bitcoin should not be over $20. So, in order to be "naturally" valued $10,000 the adoption should grow five-thousand-fold. I think this is unlikely. Not impossible but very unlikely.
If this does indeed happen, I'm going to be filthy rich.
Where did you come up with the "natural" value of Bitcoin as $20? If this does indeed happen, I'm going to be filthy rich.
Gut feeling based on comparing price to other adoption indicators (mainly number of transactions).
Show me the maths.
Oh, and I thought "five-hundred-fold" but typed "five-thousand-fold", it appears.
Never. My conclusion is that while Bitcoin is useful, it's not THAT useful. It won't be eternally cheaper than other payment solutions, and it has its hassles. While it has way to go, I think it's grossly overpriced at the moment; the "natural" value of Bitcoin should not be over $20. So, in order to be "naturally" valued $10,000 the adoption should grow five-thousand-fold. I think this is unlikely. Not impossible but very unlikely.
If this does indeed happen, I'm going to be filthy rich.
Where did you come up with the "natural" value of Bitcoin as $20? If this does indeed happen, I'm going to be filthy rich.
Gut feeling based on comparing price to other adoption indicators (mainly number of transactions).
Never. My conclusion is that while Bitcoin is useful, it's not THAT useful. It won't be eternally cheaper than other payment solutions, and it has its hassles. While it has way to go, I think it's grossly overpriced at the moment; the "natural" value of Bitcoin should not be over $20. So, in order to be "naturally" valued $10,000 the adoption should grow five-thousand-fold. I think this is unlikely. Not impossible but very unlikely.
If this does indeed happen, I'm going to be filthy rich.
Where did you come up with the "natural" value of Bitcoin as $20? If this does indeed happen, I'm going to be filthy rich.
Never. My conclusion is that while Bitcoin is useful, it's not THAT useful. It won't be eternally cheaper than other payment solutions, and it has its hassles. While it has way to go, I think it's grossly overpriced at the moment; the "natural" value of Bitcoin should not be over $20. So, in order to be "naturally" valued $10,000 the adoption should grow five-thousand-fold. I think this is unlikely. Not impossible but very unlikely.
If this does indeed happen, I'm going to be filthy rich.
If this does indeed happen, I'm going to be filthy rich.
not necessarily:
Never. My conclusion is that while Bitcoin is useful, it's not THAT useful. It won't be eternally cheaper than other payment solutions, and it has its hassles. While it has way to go, I think it's grossly overpriced at the moment; the "natural" value of Bitcoin should not be over $20. So, in order to be "naturally" valued $10,000 the adoption should grow five-thousand-fold. I think this is unlikely. Not impossible but very unlikely.
If this does indeed happen, I'm going to be filthy rich.
If this does indeed happen, I'm going to be filthy rich.
Inspired by this thread https://bitcointalksearch.org/topic/maybe-i-am-the-last-bull-245802 I thought I'd try the scientific approach.
Before 2020 is my non-fact-based estimate. What do you think?
Before 2020 is my non-fact-based estimate. What do you think?
it could happen. but then, it could not.
If USD was to go away tomorrow how would you know how much a Bitcoin is worth?
Euros, Yuan, gold, rubles?I think the OP was referring to an increase in Bitcoin's value, not the dollar's collapse, although both are probably inevitable to some degree.
What if there was no more gold or silver or fiat money, How would you determine Bitcoins value then?
Camels, salt, women, mobile phones, bread?
If USD was to go away tomorrow how would you know how much a Bitcoin is worth?
Euros, Yuan, gold, rubles?I think the OP was referring to an increase in Bitcoin's value, not the dollar's collapse, although both are probably inevitable to some degree.
What if there was no more gold or silver or fiat money, How would you determine Bitcoins value then?
Of course we usually quote value of one currency relative to another. As long as the market has faith in a currency, it isn't dependent on value on another currency, even gold, fiat, etc.
If USD was to go away tomorrow how would you know how much a Bitcoin is worth?
Euros, Yuan, gold, rubles?I think the OP was referring to an increase in Bitcoin's value, not the dollar's collapse, although both are probably inevitable to some degree.
What if there was no more gold or silver or fiat money, How would you determine Bitcoins value then?
I think this won't happen. There can't be no gold or silver.
The only way is that one "person" holds all the gold i.e. together and won't share it. Maybe Bitcoin will be an established currency but I don't think it will replace other currencies. Maybe the fiat like USD / EUR. But then you have a value between gold / silver / coins and Bitcoins
Greetings
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