Topic: Newbies Hangout - page 4. (Read 28520 times)
Hello from denmark
There is a possibility that the price goes upto 100k per coin especially seeing that a coin started out being worth like 3 cents in the beginning and now it's $1000.
I'm sure if it does become that expensive, some people will be really happy.
I'm sure if it does become that expensive, some people will be really happy.
Hi all, my first post!
Just getting into this as I have been reading a lot about it. I may be a noob now but I think people getting into it now are still early adopters!?
So can anyone point me in the direction of the best start up guide?
1. Which wallets to set up?
2. Best place to buy not just BTC but also ALT coins?
Thanks for your help!
Just getting into this as I have been reading a lot about it. I may be a noob now but I think people getting into it now are still early adopters!?
So can anyone point me in the direction of the best start up guide?
1. Which wallets to set up?
2. Best place to buy not just BTC but also ALT coins?
Thanks for your help!
I would say btc-e or cryptsy
eyyyyyy fellow noobs!
Against fiat it could very well go to 100000. I'll keep my eye on the gold to BTC ratio.
hey guys anyone considering armory's paper wallet over bitaddress.org's? Or bitaddress is just as ok / easier for beginners when done offline, on a livecd, with all sigs gpg's checked?
Hi all, my first post!
Just getting into this as I have been reading a lot about it. I may be a noob now but I think people getting into it now are still early adopters!?
So can anyone point me in the direction of the best start up guide?
1. Which wallets to set up?
2. Best place to buy not just BTC but also ALT coins?
Thanks for your help!
Just getting into this as I have been reading a lot about it. I may be a noob now but I think people getting into it now are still early adopters!?
So can anyone point me in the direction of the best start up guide?
1. Which wallets to set up?
2. Best place to buy not just BTC but also ALT coins?
Thanks for your help!
Crap i think we killed this thread. SOMEONE SAY SOMETHING SEMI INTELLIGENT!!!!
I`ll try first. Ahem..... Futt Bucker!! HaHa.....no...um... shit....stupid stupid stupid.
Next!!!
I`ll try first. Ahem..... Futt Bucker!! HaHa.....no...um... shit....stupid stupid stupid.
Next!!!
The price could still easily reach 100k. But at that point you wouldnt have to buy each coin at that price. For its continued sucess a system to buy at mBTC or uBTC would be implemented. And you would still be able to sell full coins. Should BTC ever hit that high it would be (idealy) accepted by just about every company in the world. New markets would open and even fortune 500 companies would buy them.
See the thing is that early investors would have 100's of BTC. Now the limits would be something like 1mbtc per day. It would take years to sell all your BTCs.
The way you`re looking at it though is that people will be treating BTC like stock shares instead of currency. People by that time would also (once again idealy) be using it for everything else. Bills, food, cars, home repairs etc etc.... Imagine going to the car lot and buying a brand new Mercedes for 1.2347 BTC. Yes people might have gathered hundreds but if you can use them like the analog why bother converting them?
Personally I dont think that its going to stand at 100000.
The price could still easily reach 100k. But at that point you wouldnt have to buy each coin at that price. For its continued sucess a system to buy at mBTC or uBTC would be implemented. And you would still be able to sell full coins. Should BTC ever hit that high it would be (idealy) accepted by just about every company in the world. New markets would open and even fortune 500 companies would buy them.
See the thing is that early investors would have 100's of BTC. Now the limits would be something like 1mbtc per day. It would take years to sell all your BTCs.
The way you`re looking at it though is that people will be treating BTC like stock shares instead of currency. People by that time would also (once again idealy) be using it for everything else. Bills, food, cars, home repairs etc etc.... Imagine going to the car lot and buying a brand new Mercedes for 1.2347 BTC. Yes people might have gathered hundreds but if you can use them like the analog why bother converting them?
The price could still easily reach 100k. But at that point you wouldnt have to buy each coin at that price. For its continued sucess a system to buy at mBTC or uBTC would be implemented. And you would still be able to sell full coins. Should BTC ever hit that high it would be (idealy) accepted by just about every company in the world. New markets would open and even fortune 500 companies would buy them.
See the thing is that early investors would have 100's of BTC. Now the limits would be something like 1mbtc per day. It would take years to sell all your BTCs.
The price could still easily reach 100k. But at that point you wouldnt have to buy each coin at that price. For its continued sucess a system to buy at mBTC or uBTC would be implemented. And you would still be able to sell full coins. Should BTC ever hit that high it would be (idealy) accepted by just about every company in the world. New markets would open and even fortune 500 companies would buy them.
hi
I say not
Thats a pretty steep estimate, $100,000:)
But it will never happen...
Thats a pretty steep estimate, $100,000:)
do you believe btc is reaching 10,000 in 2014?
and 100,000 in next years??
and 100,000 in next years??
Maybe, but selling it would then become impossible. Why would companies give you 100,000 dollars for bitcoins? Early investors would be rich and exchanges cant afford to buy BTC's from you.
Yes, but I dont think many people will be buying BTC's at 100,000 dollars.
In that case. the price will not reach 100,000 dollars.
do you believe btc is reaching 10,000 in 2014?
and 100,000 in next years??
and 100,000 in next years??
Maybe, but selling it would then become impossible. Why would companies give you 100,000 dollars for bitcoins? Early investors would be rich and exchanges cant afford to buy BTC's from you.
Yes, but I dont think many people will be buying BTC's at 100,000 dollars.
With so many new businesses adopting and accepting bitcoin i think the price will be going up (of couse with hurdles on the way)
If bitcoin is successful in the long run:
Total number of bitcoins possible : 21x 10^6.
Total USD in the system : 8.3x10^12.
divide USD/bitcoin totals = $395 238.0952.
is how much 1 bitcoin is worth if u do straight up maths.
$$$$$$CHI CHING$$$$
If bitcoin is successful in the long run:
Total number of bitcoins possible : 21x 10^6.
Total USD in the system : 8.3x10^12.
divide USD/bitcoin totals = $395 238.0952.
is how much 1 bitcoin is worth if u do straight up maths.
$$$$$$CHI CHING$$$$
do you believe btc is reaching 10,000 in 2014?
and 100,000 in next years??
and 100,000 in next years??
Maybe, but selling it would then become impossible. Why would companies give you 100,000 dollars for bitcoins? Early investors would be rich and exchanges cant afford to buy BTC's from you.
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