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Topic: THE REAL FUTURE OF BITCOIN (Read 880 times)

full member
Activity: 350
Merit: 102
April 10, 2014, 12:59:19 AM
#7
Good post.. because the idea and technology of bitcoin is damn damn good. Atms around the world.. merchants all accepting them as payments..

Best thing of bitcoin is we can keep them in our mind becuz of the private keys no one can steal them away easily.

Dun forget there are only 12mil coins now..
That is why bitcoin will go to the moon.. if its alot like ripple it will die sooner or later that is why ripple marketcap only 700m lol!
legendary
Activity: 2114
Merit: 1015
April 10, 2014, 12:27:57 AM
#6
... and the real reason bitcoin took off: you can buy drugs with it.

Maybe we're in depression because something bad is going on in the onion land right now?
full member
Activity: 150
Merit: 100
April 10, 2014, 12:16:34 AM
#5
... and the real reason bitcoin took off: you can buy drugs with it.
sr. member
Activity: 266
Merit: 250
April 09, 2014, 11:38:40 PM
#4
Based on life experience, and logic, here is my prediction.

Bitcoin will eventually go to the moon, the big question is when. That I don't know. But I do know that it will happen within the next few years.

Why?

1. It has already been ruled that it is considered property. It is a recognized asset in the US.
2. ETFs are being formed and will be ready for Wall Street investors by the end of this year.
3. Have you ever seen Bitcoin billboards when driving around the highway? I have, people do take notice of these things.
4. Stanford Business School, the TOP Business School in America, has a professor as a board member. These Ivy League schools has huge influences.
5. Infrastructure is being set up, and a real eco-system will be in place by the end of this year.
6. If 10% of the America population, 30 million people, invested 100 bucks, that would be 3 Billion dollars into the market, that would drive the price WAY OVER the ATH, probably close to 10,000 each.
7. Google is going to integrate this with google wallet.
8. Ebay has recognized it by creating a category just for Bitcoins and other crypto currency
9. Paypal is working on integrating bitcoins into their system.
10. Developing countries TRUST bitcoins more than their own currencies.

Feel free to add to this list. It goes on forever, it goes to show that Bitcoin has a bright future. Anyone spreading negativity about it and saying it is dead in the near future has no idea what they are talking about. And if they can give a GOOD answer to this question they might convince me otherwise.

When was the last time, a technology, has caught the attention of all the governments in the world at the same time, that is not owned by any 1 party, and what is this? And how did it do?


I think a mere 300 million dollars invested into BTC would drive the price close to 10,000 because only a fraction of the coins in existence are for sale at price below 10,000. I know I will not sell below 10,000 except what I need for living expenses and maybe a small portion to trade with. I would like to hear some expert opinions on what percentage of coins are in long-term cold storage (will not be sold within one year no matter what the price).
member
Activity: 90
Merit: 10
April 09, 2014, 10:51:17 PM
#3
Jared Polis bought bitcoin today. One of the biggest retailers in France will accept bitcoin by the end of the year. The online Square market accepts bitcoin and the Stripe reader is testing bitcoin functionality.

Lots of good news hidden under the panic.
legendary
Activity: 938
Merit: 1000
April 09, 2014, 10:26:03 PM
#2
Good post. Bitcoin does not need China. The Chinese investors will find a way to still play the game, but even if it was an all out "ban" (which it isn't) this really means very little to the long-term promise of bitcoin. When the fog of despair is lifted, the myopic people will be sorry for their sponge brain approach to "news"
full member
Activity: 177
Merit: 100
April 09, 2014, 09:55:13 PM
#1
Based on life experience, and logic, here is my prediction.

Bitcoin will eventually go to the moon, the big question is when. That I don't know. But I do know that it will happen within the next few years.

Why?

1. It has already been ruled that it is considered property. It is a recognized asset in the US.
2. ETFs are being formed and will be ready for Wall Street investors by the end of this year.
3. Have you ever seen Bitcoin billboards when driving around the highway? I have, people do take notice of these things.
4. Stanford Business School, the TOP Business School in America, has a professor as a board member. These Ivy League schools has huge influences.
5. Infrastructure is being set up, and a real eco-system will be in place by the end of this year.
6. If 10% of the America population, 30 million people, invested 100 bucks, that would be 3 Billion dollars into the market, that would drive the price WAY OVER the ATH, probably close to 10,000 each.
7. Google is going to integrate this with google wallet.
8. Ebay has recognized it by creating a category just for Bitcoins and other crypto currency
9. Paypal is working on integrating bitcoins into their system.
10. Developing countries TRUST bitcoins more than their own currencies.

Feel free to add to this list. It goes on forever, it goes to show that Bitcoin has a bright future. Anyone spreading negativity about it and saying it is dead in the near future has no idea what they are talking about. And if they can give a GOOD answer to this question they might convince me otherwise.

When was the last time, a technology, has caught the attention of all the governments in the world at the same time, that is not owned by any 1 party, and what is this? And how did it do?

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