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Topic: Time is Running Out for Mark Williams Prediction of a $10 Bitcoin - page 2. (Read 5738 times)

legendary
Activity: 1260
Merit: 1029
even if his prediction comes true, its still bitcoin. As long as its worth even 1 dollar, its still usable.. its still bitcoin

It's usable even if it's 0.01$ or even less. You and me can trade even if noone else wants to use it. But yeah...point is...Williams is gonna get his ass raped 31.6 (figuratively speaking ofc) on Internet  Grin
legendary
Activity: 2324
Merit: 1125
even if his prediction comes true, its still bitcoin. As long as its worth even 1 dollar, its still usable.. its still bitcoin

Usable for different things though.
member
Activity: 146
Merit: 10
One Token to Move Anything Anywhere
even if his prediction comes true, its still bitcoin. As long as its worth even 1 dollar, its still usable.. its still bitcoin
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?
Does selling 180k SR sized bitcoins by US Marshals count as such a devastating event?

Probably not Smiley . It wont go even near 10$ .
hero member
Activity: 630
Merit: 500
The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?
Does selling 180k SR sized bitcoins by US Marshals count as such a devastating event?
legendary
Activity: 2324
Merit: 1125
sr. member
Activity: 350
Merit: 250
Decentralized thinking
This guy was just looking for some fame  Tongue
sr. member
Activity: 406
Merit: 250
The funny thing is that he might actually end up being right if we don't purge Ghash.IO of most of its hashing power.

Why would we as a community purge anyone of anything? Advocating punishing someone for economic activity is contrary to what we are trying to accomplish here.

Well , they are centralizing Bitcoin. So that is why they are receiving flak from the Bitcoin community.

They may increase activity , but they are not proving the integrity of Bitcoin.

No they aren't centralizing bit coin.

It isn't their job to prove the integrity of anything. Their job is to acquire wealth. They are quite good at it and that is good for bit coin. 
full member
Activity: 170
Merit: 105
ADSactly is an Autonomous Decentralized Society
Bitcoin Dropping to 10$ would virtually never happen the USD which is the World Reserve Currency
will go Below the 0.03 its worth this year mark my words!

BITCOIN is the NEW way to Buy Sell and Trade without Fiat Currency and Third Party Banksters!
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
I could not care less, wasnt even worried. These kinds of predictions never become reality.

+1 for properly saying "could not care less" instead of saying "i could care less" like so many idiots do.
newbie
Activity: 30
Merit: 0
I could not care less, wasnt even worried. These kinds of predictions never become reality.
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Even then people seem to have very little interest in new cryptocoin technology. It seems like even if a new coin were to come out with an entirely new code base and features that were objectively better than bitcoin, people still wouldn't care enough to switch. Or at best do some minor speculation.

I think at this point the only way a new crypto could have a shot at bitcoin is if it were backed by a group willing to spend millions on promoting it to the masses.

Thats is my thoughts also . So much money is spent on bitcoin . There might already be some better coins but they will have much harder time to beat bitcoin in mass adoption. Even bitcoin is having hardtime , any other coin will have 10x as that.
I dont see any coin taking over in near future .
member
Activity: 66
Merit: 10
The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Even then people seem to have very little interest in new cryptocoin technology. It seems like even if a new coin were to come out with an entirely new code base and features that were objectively better than bitcoin, people still wouldn't care enough to switch. Or at best do some minor speculation.

I think at this point the only way a new crypto could have a shot at bitcoin is if it were backed by a group willing to spend millions on promoting it to the masses.
newbie
Activity: 4
Merit: 0
Only if some previously unknown bug is found, which makes double spending and counterfeit possible, the BTC can go below $10 mark. And I don't think that such chances exceed more than 0.00000001% in probability for a 100-year return-period.  Grin

The probablility of a fatal bug in Bitcoin is small, but still much better than this. Your estimate is low to the point of being deluded.
legendary
Activity: 966
Merit: 1000
In holiday we trust
Cmon $10 per bitcoin then I would have only lost $30 only gambling  Grin here's hoping... Well dreaming!
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?

Will be rly hard for something better to replace it.
To mucj money and time invested in bitcoin infrastructure.
member
Activity: 112
Merit: 10
The only way I see bitcoin dropping back down to $10 is if something devastating happened, but even then I highly doubt it. Maybe if something better replaced it?
member
Activity: 200
Merit: 10
Gloating isn't clever, this is the 2nd article about this. Firstly these are premature, and secondly it's immature.
legendary
Activity: 2464
Merit: 1037
CEO @ Stake.com and Primedice.com
You know...it's a bit silly to gloat about something like this a month before the deadline...and even so, the 'deadline' is just some arbitrary number. Bitcoin is not invincible, we honestly have no idea whatsoever what can happen. If some critical flaw was exposed in Bitcoin the value could quite feasibly completely plummit to 0.


There are quite a few scenarious in whitch bitcoin can go to 0 . But when more and more people are using it than its less chance for that to happen.
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