Month and Year Returns - WOW 5,865.98% 1 -year return! 268,568% 3-year return!

empoweoqwj

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Quote from: kayim999 on January 07, 2014, 04:12:14 PM

The market cap will increase as more and more people jump on the bandwagon and big multi million dollar ETFs are launched. The real jump will happen when Bitcoin goes mainstream e.g. move away from the geeky elements and everyday people both understand and transact in Bitcoins in the high street.

I'll be happy with just the big market cap increase

might take much longer for everyday folk to understand and transact in it ....

kayim999

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The market cap will increase as more and more people jump on the bandwagon and big multi million dollar ETFs are launched. The real jump will happen when Bitcoin goes mainstream e.g. move away from the geeky elements and everyday people both understand and transact in Bitcoins in the high street.

empoweoqwj

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Quote from: cdog on January 06, 2014, 10:49:12 AM

Quote from: Lewis2 on January 04, 2014, 07:44:51 AM

Still, don't be too fast to expect continued growth like this. To double the value of bitcoin at this moment you have to double the market cap which is currently over $10,000,000.-. Good luck with that.

You are talking about economies that are worth trillions of dollars. Ten billion is nothing.

Talk to me about the difficulty of the market cap doubling when it gets to one trillion.

And his original statement about "doubling the value of bitcoin" is still nonsense. To double the market cap, you just have to have people buying bitcoins today for $2000 instead of $1000. Then "magically" the market cap doubles to 20 billion.

Dafar

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Quote from: cdog on January 06, 2014, 10:49:12 AM

Quote from: Lewis2 on January 04, 2014, 07:44:51 AM

Still, don't be too fast to expect continued growth like this. To double the value of bitcoin at this moment you have to double the market cap which is currently over $10,000,000.-. Good luck with that.

You are talking about economies that are worth trillions of dollars. Ten billion is nothing.

Talk to me about the difficulty of the market cap doubling when it gets to one trillion.

I agree with this statement. $10 billion for as a global market cap is pretty damn low

cdog

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Quote from: Lewis2 on January 04, 2014, 07:44:51 AM

Still, don't be too fast to expect continued growth like this. To double the value of bitcoin at this moment you have to double the market cap which is currently over $10,000,000.-. Good luck with that.

You are talking about economies that are worth trillions of dollars. Ten billion is nothing.

Talk to me about the difficulty of the market cap doubling when it gets to one trillion.

MyLuckyMichelle

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Looks Great

empoweoqwj

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Quote from: Peacefrog on January 05, 2014, 01:22:35 AM

Quote from: empoweoqwj on January 03, 2014, 10:57:41 PM

Quote from: Skaterdiejosh on January 02, 2014, 05:36:15 PM

So lets say 2014 is another huge year for bitcoin !! If this does happen and we have gains like we have seen last couple years bitcoin price would be over 4000$ per bitcoin by jan 1st 2015 ?? Look at oct 13 then Nov 13 lol insane !!! 211$ at Oct 1200$ at Nov, seems hard to believe that we would ever see growth like that again???

Its entirely possible. Once lots of Americans can invest in bitcoins via ETFs, there will be hundreds of millions of US$ entering the market, and only so many bitcoins to buy

Sorry im a little behind but what are you talking about when you say ETFs?

Exchange-traded fund - google it for further details

Peacefrog

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Quote from: empoweoqwj on January 03, 2014, 10:57:41 PM

Quote from: Skaterdiejosh on January 02, 2014, 05:36:15 PM

So lets say 2014 is another huge year for bitcoin !! If this does happen and we have gains like we have seen last couple years bitcoin price would be over 4000$ per bitcoin by jan 1st 2015 ?? Look at oct 13 then Nov 13 lol insane !!! 211$ at Oct 1200$ at Nov, seems hard to believe that we would ever see growth like that again???

Its entirely possible. Once lots of Americans can invest in bitcoins via ETFs, there will be hundreds of millions of US$ entering the market, and only so many bitcoins to buy

Sorry im a little behind but what are you talking about when you say ETFs?

Dafar

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dafar consulting

Quote from: empoweoqwj on January 04, 2014, 11:41:03 PM

$5000 to $10,000 by end of 2014.

This. If bitcoin is not at LEAST $5000-$10,000 usd by the end of this year then botcoin has failed as far as i'm concerned. And you all have failed me too

empoweoqwj

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$5000 to $10,000 by end of 2014.

MyLuckyMichelle

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I believe bitcoin will be 10,000$ until the end of 2014, what do you think?

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: Lewis2 on January 04, 2014, 07:44:51 AM

Still, don't be too fast to expect continued growth like this. To double the value of bitcoin at this moment you have to double the market cap which is currently over $10,000,000.-. Good luck with that.

Nope. Only a small fraction of coins are on sale at one time. Someone buying bitcoins doesn't have to pay all bitcoin owners Wink

Lewis2

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Still, don't be too fast to expect continued growth like this. To double the value of bitcoin at this moment you have to double the market cap which is currently over $10,000,000.-. Good luck with that.

empoweoqwj

hero member

Activity: 518

Merit: 500

Quote from: Skaterdiejosh on January 02, 2014, 05:36:15 PM

So lets say 2014 is another huge year for bitcoin !! If this does happen and we have gains like we have seen last couple years bitcoin price would be over 4000$ per bitcoin by jan 1st 2015 ?? Look at oct 13 then Nov 13 lol insane !!! 211$ at Oct 1200$ at Nov, seems hard to believe that we would ever see growth like that again???

Its entirely possible. Once lots of Americans can invest in bitcoins via ETFs, there will be hundreds of millions of US$ entering the market, and only so many bitcoins to buy

BitchicksHusband

sr. member

Activity: 378

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Quote from: Skaterdiejosh on January 02, 2014, 05:36:15 PM

So lets say 2014 is another huge year for bitcoin !! If this does happen and we have gains like we have seen last couple years bitcoin price would be over 4000$ per bitcoin by jan 1st 2015 ?? Look at oct 13 then Nov 13 lol insane !!! 211$ at Oct 1200$ at Nov, seems hard to believe that we would ever see growth like that again???

No, more like 10× so at least $7500.

Skaterdiejosh

member

Activity: 115

Merit: 10

So lets say 2014 is another huge year for bitcoin !! If this does happen and we have gains like we have seen last couple years bitcoin price would be over 4000$ per bitcoin by jan 1st 2015 ?? Look at oct 13 then Nov 13 lol insane !!! 211$ at Oct 1200$ at Nov, seems hard to believe that we would ever see growth like that again???

pietje

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Nice to see this.
Promises big things for the future.

blo8i

hero member

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this is a great way to show the growth. looking forward for 2014. Roll Eyes

aneki

newbie

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Great and informative post, thank you for getting it done.

exstasie

legendary

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Merit: 1521

Always great to see it put into numbers like that! Keep holding and see where it goes in 2014! I'd be fine with another 5000% return

Topic: Month and Year Returns - WOW 5,865.98% 1 -year return! 268,568% 3-year return! (Read 3669 times)