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Topic: Btc future value (Read 1211 times)

hero member
Activity: 952
Merit: 1009
September 03, 2013, 09:15:14 AM
#23


That's interesting, so the limit is 10x what it is today, what will happen when we constantly hit the 600,000 limit ?



There'll be a whole lot of "fucking told you so", also "The foundation and the developers should have solved this before" as well as "The foundation and the developers should keep their hands off of our bitcoins", sometimes both from the same persons, as well as "The solution is obvious, just buy less stuff" and "The solution is obvious, we need a zillion altcoins to do the job bitcoin is not doing".

Also sad faces.
member
Activity: 109
Merit: 10
Bitcoin Foundation Member
September 03, 2013, 09:02:50 AM
#22

The stability of Bitcoin value will get better the more daily transactions that happen,  today there are only tens of thousand transactions a day, next year this may increase to millions or even billions of transactions per day, so each transaction has less affect on the price

Actually, no. No. It won't. The max # of transactions the protocol can handle is 7 per second. So about 600000 per day.


That's interesting, so the limit is 10x what it is today, what will happen when we constantly hit the 600,000 limit ?

hero member
Activity: 952
Merit: 1009
September 03, 2013, 08:40:30 AM
#21

The stability of Bitcoin value will get better the more daily transactions that happen,  today there are only tens of thousand transactions a day, next year this may increase to millions or even billions of transactions per day, so each transaction has less affect on the price

Actually, no. No. It won't. The max # of transactions the protocol can handle is 7 per second. So about 600000 per day.
member
Activity: 109
Merit: 10
Bitcoin Foundation Member
September 03, 2013, 08:23:27 AM
#20

The stability of Bitcoin value will get better the more daily transactions that happen,  today there are only tens of thousand transactions a day, next year this may increase to millions or even billions of transactions per day, so each transaction has less affect on the price (that's my opinion anyway).

I wonder if a profit can be made by having a million dollars worth of bitcoin and then making a single two million dollar purchase, then selling the whole bunch a short time later...

Anyone have 3 million dollars I can borrow for a few days ?

legendary
Activity: 1292
Merit: 1000
September 03, 2013, 07:41:43 AM
#19
Lite coin is very cheap do you people think its worth investing in


imo no, it's only a clone of btc.



but this "clone" - has better forecast in decentralization, do you agree?
( https://bitcointalksearch.org/topic/m.3071360 )
Smiley
newbie
Activity: 1
Merit: 0
September 03, 2013, 07:40:17 AM
#18
There are a heap of variables to consider when looking to invest in Bitcoin. It is potentially one of the most volatile and risky ventures one can set their sights on as an investor.

Just a few tips from a guy who had been trading on Mt. Gox and some other popular exchanges for around 6 months:

- Don't jump in all at once, this can lead to uncertainty in your investment and you may end up selling at a loss in a haste to save your cash.
- Try trading with some Bitcoin you have acquired for free (there are hundreds of sites that offer very small amounts of free Bitcoin) to get a feel for the market and help yourself get used to fluctuations
- If you are wanting to go short-term to start off with and make some small trades the Bitcoin Live Chart by Clark Moody will be your best friend. You can watch in real time how prices react to peoples bids and asks for x-amount of BTC.
- This one is possibly the most important: Don't be afraid, big money is only made quickly through large risk.



Hope I could help  Smiley  

sr. member
Activity: 350
Merit: 250
September 03, 2013, 07:33:54 AM
#17
Lite coin is very cheap do you people think its worth investing in



LTC price might go up or down. Do not invest something you can't afford to lose.
b!z
legendary
Activity: 1582
Merit: 1010
September 03, 2013, 07:31:34 AM
#16
Lite coin is very cheap do you people think its worth investing in


imo no, it's only a clone of btc.
member
Activity: 527
Merit: 10
Join Ixinium
September 03, 2013, 07:24:10 AM
#15
Lite coin is very cheap do you people think its worth investing in
legendary
Activity: 1610
Merit: 1004
September 02, 2013, 07:10:10 PM
#14
I wouldn't be surprised if BTC is $1000+ next year

BTC is anything but stable...however if you look at the big picture it just goes up with time
member
Activity: 527
Merit: 10
Join Ixinium
September 02, 2013, 06:24:28 PM
#13
Sorry to write btc is stable.
But if btc is going to go up 1 day like upto 1000 plus usd.
Can lite coin go upto say around 100usd.

Regards
hero member
Activity: 744
Merit: 514
gotta let a coin be a coin
September 02, 2013, 04:07:22 PM
#12
I agree - not stable yet. Have you ever tried to order anything over $1000? It's nerve racking, because you have no idea if the price is going to drop the second you try to make the purchase.
newbie
Activity: 3
Merit: 0
September 02, 2013, 03:51:53 PM
#11
$200 by December. and $1000 each by December 2014.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
September 02, 2013, 03:49:39 PM
#10
between 1 and 400 in 2013 i guess.
newbie
Activity: 23
Merit: 0
September 02, 2013, 03:27:20 PM
#9
200 to the end of 2013!
full member
Activity: 182
Merit: 100
Swiss Money all around me!
September 02, 2013, 03:21:18 PM
#8
1$/BTC.
sr. member
Activity: 280
Merit: 250
September 02, 2013, 03:10:36 PM
#7
none knows for sure...

OP: Learn, think, make up your mind, act. It is the only way.
member
Activity: 88
Merit: 10
September 02, 2013, 03:07:28 PM
#6
none knows for sure...
sr. member
Activity: 350
Merit: 250
September 02, 2013, 02:25:41 PM
#5
+ 10% change in value in 1 day is not stable.
legendary
Activity: 1736
Merit: 1029
September 02, 2013, 02:24:05 PM
#4
BTC price is not stable now.

That's a matter of opinion, I don't disagree, but you're not providing any backup for your theory.
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