Bitcoin wins.
Period. It is the ideal solution to a very complicated n-person game theory problem. It perfectly balances human greed vs. growth, and as I have said before: is the equivalent of a financial virus that is destined to take over the world.
Worrying about bitcoin at $220 vs. $280 will seem absurd in the future when the bit reaches US cent parity and bitcoins are worth $21,000 each.
This topic will be hundreds of pages long, and people will refer back to this comment and laugh and say,
"Holy shit, that guy was right!" and it is obvious in retrospect as it should be obvious in reverse-retrospect (FUTURESPECT)
.
Bitcoin is about $200. The day will come with it will be $2000, and $20,000, and yes... $200,000 and $2M. It's all a matter of time and rate. I can't predict that.... all I know is that the limit of this function, starting at zero is one. And one is total global domination.
I'm not a perma-bull.
I'm a rational observer of one of the greatest triumphs of mathematics in the history of our civilization.
And it should be just as obvious to you what will happen. Let the plebs argue about whether numbers on a computer are worth absurd amounts of value. We know the truth.
That's right fuckers. It's April 14th, 2015! Bitcoins cost $220 each... that's a million bits in future speak. That's two-hundredths of a cent per bit... that means that every U.S. cent will buy you about 45 bits, and every dollar buys about 4,545 bits.... that's crazy to think about, huh?
4,500 bits for a single U.S. dollar. I'll bet you wish you could come back to now, knowing what you know now, huh?
But don't be mistaken. The atmosphere now at the bottom of this latest crash is toxic as hell. Paid trolls and bears are everywhere. Anyone who buys bitcoin is shunned and ridiculed... it's not a celebration: far from it. And yet, some of us know.
Some of us can see through the FUD to what will happen.
Look me up. I'll probably be throwing some pretty kick ass parties by now.
Like I posted on another thread, if this is WAVE II that is ending, then the top of WAVE III will be at around $120k/Bitcoin. If this comes to pass, there will be a transfer of wealth into Bitcoin the likes of which humanity has never experienced. As technological development advances, and hits the proverbial knee of the curve in the 2030's, the purchasing power of a Bitcoin will rise to heights unimagined - Probably on the order of tens or hundreds of millions of dollars in today's money. Even 1 Billion USD/Bitcoin in purchasing power (and beyond) are possible. The value of Bitcoin will represent the future growth projections of the Human/Machine civilization which will be rapidly expanding into virtual worlds and virtual economies as large as those we see today from G1 nations.
