The inevitable is upon us... - page 2.

gentlemand

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Quote from: LFC_Bitcoin on August 04, 2015, 03:20:48 PM

Maybe so but it'd make me pretty damn happy & a lot of people very, very wealthy. I dream of bitcoin becoming so very valuable that we can wipe our ass on gold plated toilet paper but in all honesty even if we were to reach a USD value of 1 bitcoin = 10,000 USD it'd be a dream to many of us. We'd have wealth not possible via our normal working lives.

Well, I dunno about a lot. Most on here seem to have 0.05 that they piss away gambling the moment they have it.

Don't get me wrong, it's a very respectable amount and would make it much harder to discount than is possible now, but it still would be a minor spillage in the global ocean rather than a drop.

LFC_Bitcoin

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#1 VIP Crypto Casino

Quote from: gentlemand on August 04, 2015, 08:58:11 AM

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

Maybe so but it'd make me pretty damn happy & a lot of people very, very wealthy. I dream of bitcoin becoming so very valuable that we can wipe our ass on gold plated toilet paper but in all honesty even if we were to reach a USD value of 1 bitcoin = 10,000 USD it'd be a dream to many of us. We'd have wealth not possible via our normal working lives.

eerygarden

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Quote from: gentlemand on August 04, 2015, 08:58:11 AM

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

Because of our sub standard education dickwad. Now explain it again. Only this time S.L.O.W.ERRRR.

Haha.

My apologies for the "dickwad" comment. I'm just joshing with you.

notme

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Quote from: gentlemand on August 04, 2015, 08:58:11 AM

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

$210B would be about 5x paypal's market cap, but only 1/30th of the gold market.

gentlemand

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Welt Am Draht

There really should be some type of fucking first grade arithmetic test before anyone's allowed to post here.

Got a big fat news flash for everyone - a $10,000 bitcoin is still fuck all in terms of the wider world.

The dollar does not need to collapse. A loaf of bread does not need to be worth $1000. Nothing needs to change other than the desire by a greater number of people to use and hold BTC.

Why are so many on here too dim to harness basic conceptualisation?

spazzdla

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Quote from: gloryninja on August 04, 2015, 06:33:20 AM

I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value. BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

The idea some alt coin will take BTC's place is such a joke. The reason is the exact reason you accept $20 USD for payment, everyone believes it has value.

ALL Cryptocurrency users accept BTC has value,

Some accept altcoin 1
some altcoin121421
some altcoin 235432

and so on.

Amph

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Quote from: gloryninja on August 04, 2015, 06:33:20 AM

I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value. BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

you want that this happen only because you sold everything, but the chance are very slim, bitcoin will be the 1 first coins for many years, because it's very hard to come up with something completely different yet revolutionary like it was bitcoin, and a simple pure clone will not cut it....

gloryninja

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I do not want btc to rise as i sold all my coins a month ago... and if it suddenly surges high than i will be pi**ed off. yeah im selfish lol but reality is that i do not think BTC will grow major until a couple years time. I honestly think that there would be another coin that will beat BTC in popularity and value. BTC is the foundation of all coins and it will be the starter of something even better. I hope we all make a good earning from it.

Borisz

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Quote from: NorrisK on August 04, 2015, 04:13:20 AM

Quote from: Borisz on August 04, 2015, 03:32:16 AM

Why do you want it to rise to 10'000$/BTC? Just to cash out on your investment and say bye? Why not just use it as it was mean to be instead of holding and hoping?

Also, I am curious what is this 10'000$/BTC hope based on? Purely that there is no inflation?

What if you used BTC at that point to buy a house or a car or something else that is expensive? Would you consider that cashing out? Or just spending bitcoin at the right moment?

In an ideal world yes. But then why not buy a car with bitcoins right now? Because people still hope to get rich. You think that actually this is what will happen (people spending it to buy things)? If you give someone the option to have a car or an equal amount of cash, he/she will go for the cash and spend it the way he/she likes. Although this is just my experience.

Quote from: NorrisK on August 04, 2015, 06:10:17 AM

Quote from: mallard on August 04, 2015, 05:18:55 AM

Why do we need to care about the price of Bitcoin? Huh

In the UK we don't have shops that sell things for "$1 of GBP", we have shops that sell things for £0.60.

So the thing we need is shops selling things for BTC0.002 instasted of £0.60, than we are a big step closer!

This would be a large step indeed. However, I am afraid we still ave to wait for something like this about 5 years minimum to appear on a larger scale.

dothebeats

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Improbable, I'd say. The last ATH was purely manipulated by the Willy bot, so I think the price rise to $10k naturally is nearly impossible, unless people will begin to realize that bitcoin is the way to go.

NorrisK

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Quote from: mallard on August 04, 2015, 05:18:55 AM

Why do we need to care about the price of Bitcoin? Huh

In the UK we don't have shops that sell things for "$1 of GBP", we have shops that sell things for £0.60.

So the thing we need is shops selling things for BTC0.002 instasted of £0.60, than we are a big step closer!

mallard

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Why do we need to care about the price of Bitcoin? Huh

In the UK we don't have shops that sell things for "$1 of GBP", we have shops that sell things for £0.60.

neoneros

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I can draw your avatar!

Quote from: NorrisK on August 04, 2015, 04:13:20 AM

Quote from: Borisz on August 04, 2015, 03:32:16 AM

Why do you want it to rise to 10'000$/BTC? Just to cash out on your investment and say bye? Why not just use it as it was mean to be instead of holding and hoping?

Also, I am curious what is this 10'000$/BTC hope based on? Purely that there is no inflation?

What if you used BTC at that point to buy a house or a car or something else that is expensive? Would you consider that cashing out? Or just spending bitcoin at the right moment?

That is why we want it to rise indeed, to spend more, share the wealth. See the fruits of our investments. Being able to oshow off your new car/house/whatever and say: Bought it wiht Bitcoin! A big told you so to all the haters and non believers. 10.000 might be a bit far fetched, but the halving will cause a price rise, and the price is gradualy rising, or fiat is falling, anywhich way goes...

NorrisK

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Quote from: Borisz on August 04, 2015, 03:32:16 AM

Why do you want it to rise to 10'000$/BTC? Just to cash out on your investment and say bye? Why not just use it as it was mean to be instead of holding and hoping?

Also, I am curious what is this 10'000$/BTC hope based on? Purely that there is no inflation?

What if you used BTC at that point to buy a house or a car or something else that is expensive? Would you consider that cashing out? Or just spending bitcoin at the right moment?

Marbit

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My guess is a little more conservative compared to other predictions.
I don't think the government would let lose their monopoly with ease, and for a scenario as you have projected, it would take a little longer and drastic to happen.

My Guess: 24th June 2021

Borisz

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Why do you want it to rise to 10'000$/BTC? Just to cash out on your investment and say bye? Why not just use it as it was mean to be instead of holding and hoping?

Also, I am curious what is this 10'000$/BTC hope based on? Purely that there is no inflation?

talkbitcoin

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All I know is that I know nothing.

i can't say when or if it is going to happen but i doubt if it happens in 2016

thebenjamincode

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37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP

well In my opinion i think when bitcoin reaches its 20 million coins distribution and ended. it will finally collapse.
why? because if there are many bitcoins that are being lost forever. there will be fewer and fewer bitcoin circulating everyday
and it will be a great impact on its value and price in the long run. but i think 2016 will be a good year for bitcoin if the distribution still hasn't ended

Amph

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not sure, but probably this halving will not be enough for a stable 10k per coin, for a unstable value it can happen, like a peak that last 1 few hours/days

i'm more looking forward for something in between 1200 and 10k for the next halving

Herbert2020

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the 10,000 USD/ coin seems to me like a long shot and a dream of bitcoin holders that want to become millionaires in one night.
this sort of inflation requires a mass adoption of bitcoin and falling of the current banking system which leads to people looking for a substitute. this doesn't look like happening to me in at least 10 years.

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