Topic: Say BTC hits $10,000 each in 2014 (or 12 x for the year) - page 2. (Read 3368 times)
I see it hitting $10,000 and I don't know how long it'd take for it to hit $1,000,000
Let's get past 800, 900, 1000, 2000, 3000, 4000, 5000 etc and I'll start to believe.
Currenly there are 25 million millionaires in the world (probably more). Currently only about 75,000 people own 10 BTC or more. Assuming bitcoin hits $100,000, that's 75k new millionaires (if they hold their BTC until then).
Adding 75k millionaires to the 25 million that already exist is nothing!
Adding 75k millionaires to the 25 million that already exist is nothing!
Right. Think of it from another angle. What if those 25 million millionaires decide to store even a small portion of their investments in Bitcoin? What would that do to the price?
to da moon
Currenly there are 25 million millionaires in the world (probably more). Currently only about 75,000 people own 10 BTC or more. Assuming bitcoin hits $100,000, that's 75k new millionaires (if they hold their BTC until then).
Adding 75k millionaires to the 25 million that already exist is nothing!
Adding 75k millionaires to the 25 million that already exist is nothing!
Right. Think of it from another angle. What if those 25 million millionaires decide to store even a small portion of their investments in Bitcoin? What would that do to the price?
It is still hard to believe for me that BTC will hit 6 or even 7 figures. There would be too many millionairs out there. Every person who owns 10 BTCs would be a millionair. Probably a million will not be worth a million when this happens?!
And if BTC hits 10K, where is the point to sell? Hold forever and live at home with your mom and dad or pay out one day and live good!? If you own 50 BTCs 10K would be a good point to sell and live... Or at least sell the half or so...
And if BTC hits 10K, where is the point to sell? Hold forever and live at home with your mom and dad or pay out one day and live good!? If you own 50 BTCs 10K would be a good point to sell and live... Or at least sell the half or so...
Currenly there are 25 million millionaires in the world (probably more). Currently only about 75,000 people own 10 BTC or more. Assuming bitcoin hits $100,000, that's 75k new millionaires (if they hold their BTC until then).
Adding 75k millionaires to the 25 million that already exist is nothing!
Tenfold increase every year until semi-saturation. That's when half the people you know are using it. Enjoy the ride.
Or it becomes the myspace of cryptocurrencies.
Tenfold increase every year until semi-saturation. That's when half the people you know are using it. Enjoy the ride.
It is still hard to believe for me that BTC will hit 6 or even 7 figures. There would be too many millionairs out there. Every person who owns 10 BTCs would be a millionair. Probably a million will not be worth a million when this happens?!
And if BTC hits 10K, where is the point to sell? Hold forever and live at home with your mom and dad or pay out one day and live good!? If you own 50 BTCs 10K would be a good point to sell and live... Or at least sell the half or so...
And if BTC hits 10K, where is the point to sell? Hold forever and live at home with your mom and dad or pay out one day and live good!? If you own 50 BTCs 10K would be a good point to sell and live... Or at least sell the half or so...
If final price is $1m, growth will start slowing down once it reaches around $200,000
Thanks thats what I was looking for.
I worded my question wrong, but yeah thats waht I mean't. When would it start to slow down from exponential growth. thanks
Take a look at this:
https://bitcointalksearch.org/topic/stephen-reeds-million-dollar-logistic-model-366214
If final price is $1m, growth will start slowing down once it reaches around $200,000
Thanks thats what I was looking for.
I worded my question wrong, but yeah thats waht I mean't. When would it start to slow down from exponential growth. thanks
If final price is $1m, growth will start slowing down once it reaches around $200,000
2016
Say BTC hits $10,000 each in 2014 (or 12 x for the year)
What are the chances that it will still have room to grow in 2015 or 2016 by 10-25x? Meaning 10k to 100k in 2015 and 100k to 1 Million in 2016?
What are the chances that it will still have room to grow in 2015 or 2016 by 10-25x? Meaning 10k to 100k in 2015 and 100k to 1 Million in 2016?
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