Here's two major reasons why Bitcoin will soon pass $2000 - page 2.

BitcoinBarrel

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Fill Your Barrel with Bitcoins!

Quote from: Syke on December 05, 2013, 05:29:05 PM

Quote from: BitcoinBarrel on December 05, 2013, 05:27:06 PM

But do they have $2000 per Bitcoin to invest?

Here's a secret.

People don't have to buy a full bitcoin.

That's not the point. If you're spending $2 for a mBTC then you are spending $2000 a coin. That's a lot of money for a Bitcoin when it was $10 in January.

India is a very tech-savvy country, and if they aren't onboard now then what makes you think they will be later?

hope4me

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Quote from: Wilhelm on December 05, 2013, 05:40:52 PM

Holland has indicated how tax should be paid on bitcoin. You can buy bitcoin through your bank.

When this happen worldwide, Bitcoin price will be above $10000

Hfertig

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Quote from: Wilhelm on December 05, 2013, 05:55:51 PM

Quote from: niothor on December 05, 2013, 05:52:11 PM

Quote from: Wilhelm on December 05, 2013, 05:40:52 PM

Quote from: Salivan on December 05, 2013, 05:34:28 PM

Quote from: Kazimir on December 05, 2013, 05:00:49 PM

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

honestly I doubt this at least at this point. We are still waiting for Europe to join the card, maybe than other countries will recognize bitcoin as serious investment

Europe is already in. I've been into bitcoin a while and half my department own bitcoins.
Even my mom and uncle knows about bitcoin.

Germany sees bitcoin as a valid denomination of money.
Holland has indicated how tax should be paid on bitcoin. You can buy bitcoin through your bank.

What do you mean with "We are still waiting for Europe to join the card" ?

Blockchain hold 27mils transactions.
Assuming every transaction is to a unique person we would still only have less than 5% of Europe population abroad

A lot of europeans know about bitcoin but don't participate.
I don't think >10% of the USA is in bitcoin either.

Yes I do believe that the heavy investors still need to get into bitcoin and believe it will drive the prive to new levels.
Another problem is that a lot of people don't understand how bitcoin works.

Why would investors "need" to get into bitcoin ?
Why Brazil and India ? Most people are very poor over there and do not even have a computer

Wilhelm

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Quote from: niothor on December 05, 2013, 05:52:11 PM

Quote from: Wilhelm on December 05, 2013, 05:40:52 PM

Quote from: Salivan on December 05, 2013, 05:34:28 PM

Quote from: Kazimir on December 05, 2013, 05:00:49 PM

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

honestly I doubt this at least at this point. We are still waiting for Europe to join the card, maybe than other countries will recognize bitcoin as serious investment

Europe is already in. I've been into bitcoin a while and half my department own bitcoins.
Even my mom and uncle knows about bitcoin.

Germany sees bitcoin as a valid denomination of money.
Holland has indicated how tax should be paid on bitcoin. You can buy bitcoin through your bank.

What do you mean with "We are still waiting for Europe to join the card" ?

Blockchain hold 27mils transactions.
Assuming every transaction is to a unique person we would still only have less than 5% of Europe population abroad

A lot of europeans know about bitcoin but don't participate.
I don't think >10% of the USA is in bitcoin either.

Yes I do believe that the heavy investors still need to get into bitcoin and believe it will drive the prive to new levels.
Another problem is that a lot of people don't understand how bitcoin works.

niothor

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in defi we trust

Quote from: Wilhelm on December 05, 2013, 05:40:52 PM

Quote from: Salivan on December 05, 2013, 05:34:28 PM

Quote from: Kazimir on December 05, 2013, 05:00:49 PM

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

honestly I doubt this at least at this point. We are still waiting for Europe to join the card, maybe than other countries will recognize bitcoin as serious investment

Europe is already in. I've been into bitcoin a while and half my department own bitcoins.
Even my mom and uncle knows about bitcoin.

Germany sees bitcoin as a valid denomination of money.
Holland has indicated how tax should be paid on bitcoin. You can buy bitcoin through your bank.

What do you mean with "We are still waiting for Europe to join the card" ?

Blockchain hold 27mils transactions.
Assuming every transaction is to a unique person we would still only have less than 5% of Europe population abroad

Salivan

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Quote from: Wilhelm on December 05, 2013, 05:40:52 PM

Quote from: Salivan on December 05, 2013, 05:34:28 PM

Quote from: Kazimir on December 05, 2013, 05:00:49 PM

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

honestly I doubt this at least at this point. We are still waiting for Europe to join the card, maybe than other countries will recognize bitcoin as serious investment

Europe is already in. I've been into bitcoin a while and half my department own bitcoins.
Even my mom and uncle knows about bitcoin.

Germany sees bitcoin as a valid denomination of money.
Holland has indicated how tax should be paid on bitcoin. You can buy bitcoin through your bank.

What do you mean with "We are still waiting for Europe to join the card" ?

sorry I am butchering english sometimes
I mean very low volume in Europe

Kazimir

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Quote from: BitcoinBarrel on December 05, 2013, 05:27:06 PM

But do they have $2000 per Bitcoin to invest?

Not sure, but they definitely got $2 to invest per mBTC.

Wilhelm

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Quote from: Salivan on December 05, 2013, 05:34:28 PM

Quote from: Kazimir on December 05, 2013, 05:00:49 PM

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

honestly I doubt this at least at this point. We are still waiting for Europe to join the card, maybe than other countries will recognize bitcoin as serious investment

Europe is already in. I've been into bitcoin a while and half my department own bitcoins.
Even my mom and uncle knows about bitcoin.

Germany sees bitcoin as a valid denomination of money.
Holland has indicated how tax should be paid on bitcoin. You can buy bitcoin through your bank.

What do you mean with "We are still waiting for Europe to join the card" ?

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: Kazimir on December 05, 2013, 05:00:49 PM

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

Country having money =/= citizens having money
Sorry but for 2k , 10k and 100k , we need those good old Us dollars and Euros.

Salivan

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DiMS dev team

Quote from: Kazimir on December 05, 2013, 05:00:49 PM

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

honestly I doubt this at least at this point. We are still waiting for Europe to join the cart, maybe than other countries will recognize bitcoin as serious investment

Syke

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Quote from: BitcoinBarrel on December 05, 2013, 05:27:06 PM

But do they have $2000 per Bitcoin to invest?

Here's a secret.

People don't have to buy a full bitcoin.

BitcoinBarrel

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Merit: 1034

Fill Your Barrel with Bitcoins!

But do they have $2000 per Bitcoin to invest?

Kazimir

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Activity: 1176

Merit: 1011

1. India
2. Brazil

These countries have shit loads of money ready to be invested in new opportunities. Once these guys go crazy over Bitcoin, I expect another huge, HUGE rise.

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