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Topic: See $10,000 BTC or 1 Million Users on Bitcointalk first? - page 2. (Read 2996 times)

hero member
Activity: 770
Merit: 500
1 million users on BTT before BTC reached 10k because as soon as BTC surpasses $1000 , more and more people will be again interested in BTC and by the time BTC rallies to 10k , we would have more than 1M users.
legendary
Activity: 1372
Merit: 1252
1 million users on bitcointalk first, people need to come here to ask question before they buy BTC...

This makes sense. Anything you google about Bitcoin leads to this forum, and people will ask here before risking their money. Plus this forum has languages for everyone so its ideal.
legendary
Activity: 3122
Merit: 1538
yes
10000 will be first, 1M here will not be as soon possible.

I agree. 1 million users here would be quite interesting to watch.
member
Activity: 71
Merit: 10
10000 will be first, 1M here will not be as soon possible.
sr. member
Activity: 541
Merit: 362
Rules not Rulers
372,524 members
215 registrations per day


208 of those are fallllling though!
hero member
Activity: 784
Merit: 500
1 million users on bitcointalk first, people need to come here to ask question before they buy BTC...
STT
legendary
Activity: 4102
Merit: 1454
Inflation in dollars would likely exceed population growth in a more volatile short term way, so we could extrapolate that 10k btc is more probable to occur first.     Price is not value though and this 10k may only buy a loaf of bread which would make us all poorer
Certainly is absolute terms, its easier to add a zero on a balance sheet then create more people then are dying.  Both are in positive growth but dollars do not naturally expire.   Of course btc could just get more popular suddenly or just this forum, CNN features the web address or something like that might do it
legendary
Activity: 1106
Merit: 1005
We're not even close to 1 million members, and as adoption grows by a large margin (about 3 times, looking at the numbers), the value of bitcoin will also increase by a large margin (not necessarily by 3 times).

So, by that logic i'd say $10 000 is reached much earlier than 1 million members.

hero member
Activity: 588
Merit: 501
Price went from $0 to over $1000 in less than 5 years…
Price going up to $10,000 seems like the more obtainable goal
Bot pumps dont count.

More realistically:

Price went from $0 to $350 in less than 5 years.

The actual value of Bitcoin right now based on demand is basically $350.  With a little speculation on top, bringing it to $390's.

$1,000 was an anomaly powered by Bots and fake trades.

-B-


I have a different twist on that.

BTC true value is about $500, however because of the media pumps it was inflated well above.  When the media attention turned neg due to all of the scams (all internal) the value retarded to where it is now.    If the btc community could make the CC industry a safer place to do business it will go back up instantly.  The scandal at Mintpal will put another dent into the program.

legendary
Activity: 1442
Merit: 1186
372,524 members
215 registrations per day

So at current rate we would hit 1 million members in 7.99 years

---


Price went from $0 to over $1000 in less than 5 years…
Price going up to $10,000 seems like the more obtainable goal

Bot pumps dont count.

More realistically:

Price went from $0 to $350 in less than 5 years.

The actual value of Bitcoin right now based on demand is basically $350.  With a little speculation on top, bringing it to $390's.

$1,000 was an anomaly powered by Bots and fake trades.

-B-

You don't really believe that willey crap do you?
It was real demand.

Take a look here. Looks familiar doesn't it?  Sharp spike and then it settles before it launches again.

It's natural movement of a volatile market.
sr. member
Activity: 369
Merit: 250
When we break the old ATH new users will be flooding in.

I think we will see 10K first only because it doesn't take much to get there. To triple the amount of users isn't as easy

If it doesn't take much to see $10k bitcoins, then why haven't we seen them yet? The price couldn't stay stable at $1,000 for long and came crashing down in the following months. I think it would take considerably more than 'not much' to reach $10k.
hero member
Activity: 784
Merit: 1000
Price went from $0 to over $1000 in less than 5 years…
Price going up to $10,000 seems like the more obtainable goal
Bot pumps dont count.

More realistically:

Price went from $0 to $350 in less than 5 years.

The actual value of Bitcoin right now based on demand is basically $350.  With a little speculation on top, bringing it to $390's.

$1,000 was an anomaly powered by Bots and fake trades.

-B-

Not every buy up to 1000 was a bot. So some people out there considered the price to be that high and bought because it was worth it. You don't get to decide what bitcoin is worth.
hero member
Activity: 588
Merit: 501
372,524 members
215 registrations per day

So at current rate we would hit 1 million members in 7.99 years

---


Price went from $0 to over $1000 in less than 5 years…
Price going up to $10,000 seems like the more obtainable goal


the money is real however not all of the registrations are real -- like when facebook reached a billion members - I knew people with over 50 facebook accounts.   

Now given the sale of accounts and the rental of sigs, hahahaha bitcointalk is getting lots of new signups, but because of all of the market scams and wholesales losses of money, real people are leaving the community in droves.   

 



hero member
Activity: 924
Merit: 1001
Price went from $0 to over $1000 in less than 5 years…
Price going up to $10,000 seems like the more obtainable goal
Bot pumps dont count.

More realistically:

Price went from $0 to $350 in less than 5 years.

The actual value of Bitcoin right now based on demand is basically $350.  With a little speculation on top, bringing it to $390's.

$1,000 was an anomaly powered by Bots and fake trades.

-B-
hero member
Activity: 784
Merit: 1000
When we break the old ATH new users will be flooding in.

I think we will see 10K first only because it doesn't take much to get there. To triple the amount of users isn't as easy
legendary
Activity: 1442
Merit: 1186
372,524 members
215 registrations per day

So at current rate we would hit 1 million members in 7.99 years

---


Price went from $0 to over $1000 in less than 5 years…
Price going up to $10,000 seems like the more obtainable goal
sr. member
Activity: 369
Merit: 250
Huh

Bonus questions: How long will it take for us to reach 1 million users based on our current growth rate?

I think we'll see 1 million members here before $10k btc.
sr. member
Activity: 433
Merit: 250
 Huh

Bonus questions: How long will it take for us to reach 1 million users based on our current growth rate?
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