Topic: Ultimate ATH of Bitcoin in 5 years?? - page 2. (Read 320 times)
Bitcoin doesn't scale according to some imaginary plan made by wishful investors. It looks to me like the practical side of the currency is diminishing as the price rises, it is losing it's functional use in every day trades and becoming a tool for speculators only. If it is too expensive for people to use and takes too long to process, then it is not valuable anymore.
I do not understand why the world is destroyed? At any price of bitcoin remains Fiat. If people are not profitable will use the bitcoins they always have an alternative. This message is fake which is intended to stir interest in bitcoin. This forum is also a lot of newcomers who make only one message and then never appear in the network.
Pretty much spot on, but why are we wasting our time?
"I am sending this message from 2025. The situation here is lousy, and some of you are responsible for it"
The world is ruined in 2025....
Take away points
---------------------------
So stay up to 2021 at least and get $1M/BTC
Then party hard and die before 2025
Anyways it is easy to do what he does
2010 $0.1
2011 $1
2012 $10
2013 $100
------------------
2015 $1,000
2017 $10,000
2019 $100,000
2021 $1,000,000
------------------
2024 $10,000,000
2027 $100,000,000
2030 $1,000,000,000
2033 $10,000,000,000
------------------
2037 $100,000,000,000
2041 $1,000,000,000,000
2045 $10,000,000,000,000
2059 $100,000,000,000,000
Pretty much spot on, but why are we wasting our time?
The following text was published four years ago on Reddit by a user under the pseudonym of Luca Maniotta. This user did not appear in the network anymore. Links to the text to this day appear regularly in discussions about the future of crypto-currencies. It is published in Russian for the first time:
I came to you from the future with a request to stop your activities. I am sending this message from 2025. The situation here is lousy, and some of you are responsible for it. If you do not believe me - you can not read further. The way to prove that I'm what I call myself, I still do not. Now I turn to the point so as not to waste your time.
Each year, the cost of bitcoin increased by an average of ten times. From $ 0.1 in 2010 to $ 1 in 2011, up to $ 10 in 2012, up to $ 100 in 2013. Then the pace slowed and the cost began to increase tenfold every two years: up to $ 1,000 in 2015, up to $ 10,000 in 2017, $ 100,000 in 2019 and $ 1 million in 2021.
I came to you from the future with a request to stop your activities. I am sending this message from 2025. The situation here is lousy, and some of you are responsible for it. If you do not believe me - you can not read further. The way to prove that I'm what I call myself, I still do not. Now I turn to the point so as not to waste your time.
Each year, the cost of bitcoin increased by an average of ten times. From $ 0.1 in 2010 to $ 1 in 2011, up to $ 10 in 2012, up to $ 100 in 2013. Then the pace slowed and the cost began to increase tenfold every two years: up to $ 1,000 in 2015, up to $ 10,000 in 2017, $ 100,000 in 2019 and $ 1 million in 2021.
The core devs have to do something about energy consumption.I think that it`s possible to lower the energy consumption rates and make mining more useful,by using the heat from the mining hardware during the winter.
I read that all the cryptocurrncy mining in the world consumes the same amount of energy of a small country like Serbia and it increases all the time.
Mining and transaction issues are more important that the bitcoin price and it`s ATH,but the people just don`t care about that.
I read that all the cryptocurrncy mining in the world consumes the same amount of energy of a small country like Serbia and it increases all the time.
Mining and transaction issues are more important that the bitcoin price and it`s ATH,but the people just don`t care about that.
I wonder what will happen with the price of Bitcoin in 2, 3, 5 years ...
taking into account the following aspects:
- The enormous consumption of energy necessary for mining.
- What will happen when it is no longer profitable to mine Bitcoin?
- Bitcoin will end up being a means to store value, or will it be used as currency for micro payments?
Finally, do you think that the price has a ceiling? what would be? 1 million usd?
What would happen according to you when that ceiling was reached? Would it collapse to less than half, or would it remain more or less stable?
Thank you...
taking into account the following aspects:
- The enormous consumption of energy necessary for mining.
- What will happen when it is no longer profitable to mine Bitcoin?
- Bitcoin will end up being a means to store value, or will it be used as currency for micro payments?
Finally, do you think that the price has a ceiling? what would be? 1 million usd?
What would happen according to you when that ceiling was reached? Would it collapse to less than half, or would it remain more or less stable?
Thank you...
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