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Topic: We going back to $30 - page 3. (Read 6929 times)

sr. member
Activity: 462
Merit: 250
Free World
June 09, 2013, 04:35:43 PM
#58
 Roll Eyes

full member
Activity: 210
Merit: 100
June 09, 2013, 04:33:40 PM
#57
who said i dont have the $ ?

I'm sure you have more than I.  I was thinking more along the lines of Amazon & Google.   Grin
legendary
Activity: 868
Merit: 1000
ADT developer
June 09, 2013, 04:29:25 PM
#56
who said i dont have the $ ?
full member
Activity: 210
Merit: 100
legendary
Activity: 868
Merit: 1000
ADT developer
full member
Activity: 210
Merit: 100
June 09, 2013, 04:19:49 PM
#53
I do hope that they don't try to mimic bitcoin and make their own little ecosystems for their currencies in the long run lol
[...]

The tragic thing about Bitcoin is *anyone* could copy it -- it's open source.  And if that someone had $$$, clout & a decent PR dept...
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
June 09, 2013, 04:14:45 PM
#52
Obviously people are going to love for Bitcoins to come down, but that's only early adopters. These 'early adopters' are normally looking for a quick rich scheme and are not interested in supporting Bitcoin whatsoever. It's sad actually, I for one want to see Bitcoin strive and succeed. Imagine how awesome it would be going to amazon and checking out with Bitcoin. Yeah, that might not happen but what if it did?

Then we have defeated Amazon Coins
But I understand the sentiment

Yeah, I was just giving a example, maybe I should of thought of another online merchant, lol.

I do hope that they don't try to mimic bitcoin and make their own little ecosystems for their currencies in the long run lol
Or
Corporate Coin - A Conglomeration of multiple entities into a unified corporate system lol
staff
Activity: 3304
Merit: 4115
June 09, 2013, 04:10:23 PM
#51
Obviously people are going to love for Bitcoins to come down, but that's only early adopters. These 'early adopters' are normally looking for a quick rich scheme and are not interested in supporting Bitcoin whatsoever. It's sad actually, I for one want to see Bitcoin strive and succeed. Imagine how awesome it would be going to amazon and checking out with Bitcoin. Yeah, that might not happen but what if it did?

Then we have defeated Amazon Coins
But I understand the sentiment

Yeah, I was just giving a example, maybe I should of thought of another online merchant, lol.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
full member
Activity: 210
Merit: 100
June 09, 2013, 04:00:54 PM
#49
i will be happy when people stop seing bitcoin as a investment and see it as a curentcy

This

Actually to be technical the framework for some 2.0 development designs might be able to separate them but for now they are always interrelated

How does that work?
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
June 09, 2013, 03:55:56 PM
#48
i will be happy when people stop seing bitcoin as a investment and see it as a curentcy

This

Actually to be technical the framework for some 2.0 development designs might be able to separate them but for now they are always interrelated
legendary
Activity: 1834
Merit: 1019
June 09, 2013, 03:54:20 PM
#47
i will be happy when people stop seing bitcoin as a investment and see it as a curentcy

This

Why, since this currency is appreciating? It's clearly both at this point in time
full member
Activity: 168
Merit: 100
June 09, 2013, 03:49:42 PM
#46
i will be happy when people stop seing bitcoin as a investment and see it as a curentcy

This
legendary
Activity: 1834
Merit: 1019
June 09, 2013, 03:42:58 PM
#45
Obviously people are going to love for Bitcoins to come down, but that's only early adopters. These 'early adopters' are normally looking for a quick rich scheme and are not interested in supporting Bitcoin whatsoever. It's sad actually, I for one want to see Bitcoin strive and succeed. Imagine how awesome it would be going to amazon and checking out with Bitcoin. Yeah, that might not happen but what if it did?


If it weren't for the kind of people with the vision to push the price so high in the first place, would we have gotten the attention and interest as quickly as we did? How many projects would've been started that much later? High price increases the incentive for development, even if its initially driven by us speculators. Never forget, I figure many a speculator is simply saving for the big one to invest in. Myself, I plan on joining and supporting one of those new Venus Project or Free State Project like societies
staff
Activity: 3304
Merit: 4115
June 09, 2013, 03:42:21 PM
#44
I predict you are all wrong.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
June 09, 2013, 03:40:00 PM
#43
$30 - possible but unlikely.

$60-70 ... more likely

I think that $60 - $70 is dangerous, because at that point people might just give up and lose faith, then the value will fully collapse back to single digits.

I can't wait.

yes that would be pretty sweet.

but i'm not counting on it, the way things are going the bear market won't last long, and we will  soon start heading toward bubble #3 in a calm and orderly manner of course   Cheesy
full member
Activity: 134
Merit: 100
June 09, 2013, 03:35:11 PM
#42
I assume you mean half a million dollars of "new" money, rather than turnover. E.g. I mean people trading their coins with others for fiat - but where the total price of those trades is greater by 500 K than the preceding day. I presume this means any current hike (like the one from 12:15 to 21:30 UTC on 9th June) that has rallied to 100 USD, is likely unsustainable? 
sr. member
Activity: 826
Merit: 250
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June 09, 2013, 03:15:22 PM
#41
I predict a bottoming out of the latest downtrend at around 50-80 followed by a return to at or near 100.  That will be followed by a slow grind down to 10-30 dollars and then a rebound to 30-50 that will be maintained for months or years (assuming BTC is not being supplanted by a superior coin, if that happens I see single dollar values).

Remember long term sustainable prices are dictated by the amount of dollars willing to CONTINUOUSLY flow into purchase of new coins, 30 dollars represents the original bubble price adjusted for the new 25 coin block rewards.  120 dollars would have required a half million dollars a day to sustain which is far more then could be asked of the current user base.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
June 09, 2013, 02:17:03 PM
#40
Obviously people are going to love for Bitcoins to come down, but that's only early adopters. These 'early adopters' are normally looking for a quick rich scheme and are not interested in supporting Bitcoin whatsoever. It's sad actually, I for one want to see Bitcoin strive and succeed. Imagine how awesome it would be going to amazon and checking out with Bitcoin. Yeah, that might not happen but what if it did?

Then we have defeated Amazon Coins
But I understand the sentiment
staff
Activity: 3304
Merit: 4115
June 09, 2013, 02:15:30 PM
#39
Obviously people are going to love for Bitcoins to come down, but that's only early adopters. These 'early adopters' are normally looking for a quick rich scheme and are not interested in supporting Bitcoin whatsoever. It's sad actually, I for one want to see Bitcoin strive and succeed. Imagine how awesome it would be going to amazon and checking out with Bitcoin. Yeah, that might not happen but what if it did?
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