Topic: What are you going to do, when (if) bitcoin hit $1000/BTC? - page 2. (Read 10841 times)

Considering that the question is
Will people take bitcoin as worldwide coin?
Really hope so...

Well just do the math yourself:
How many people there are?
How many bitcoins there are?
How many bitcoins would a single person want/would be able to obtain?

After few simply calculations, you'll figure out the value

Is possible that sometime 1btc=U$S1000?

Which are the chances?

It's all about perspective! Good observation.

It's only $1 for 0.001 btc.

Unless you have a fivehead I son't think it will fit.

Gonna tattoo that on my forehead 

We need a pass-phrase exchange to get on The Island:

1)
Query; "How goes the bitcoin mining?"
Answ: "Does it worth it?"

2)
Query; "Are you ever gonna spend those bitcoin on anything?"
Answ: "Hookers and blow"

3)
Query: "Nothing more valuable than bitcoin."
Answ: "Nothing except carrots"


Phrases can be, and should be, asked in random order, need to be letter perfect, and salted into a typically idle conservation one might have with a stranger at your average island heliport.

Me three

Although I may ease out of it with some part time work...  I don't think this is an uncommon dream among programmers.

You guys need to get a stand up routine ... that was good.

Filthy, dirty, messy, pig-sty wallowing rich ... huh?

OK - I can't stand holding onto the idea any longer. I posted my logic why I think bitcoin price increases are just getting started:

https://bitcointalksearch.org/topic/bitcoin-price-increases-are-just-getting-started-7985

Have fun buying CHINA.

I'm guessing you think that Bitcoins could become the next defacto international reserve or common trade currency.  I think that the quantum leap in transaction costs versus current systems is so dramatic that most fiat currencies might not even have a reason to exist. In which case, the US FRN, the Euro, the Pound, etc don't collapse so much as fade away.

I wouldn't go so far as to call it filthy but it's definitly dirty 

That's sounds filthy enough.   

FTFY

I think a collapse of the dollar is inevitable, and very close

I have a background in trading speculative stocks, and I can tell you that this kind of speculative price explosion usually collapses back to nearly nothing eventually (thanks Timothy Sykes).

However, I have my own reasons for believing that bitcoins won't collapse, and may in fact reach the astronomical values people are dreaming about. I'm keeping those reasons to myself for now until I get a chance to gather more bitcoins.

$1000/bitcoin won't make me filthy rich, but I might be rich enough to quit my day job and devote the rest of my life to ministry, raising my kids (and maybe foster kids?), and developing bitcoin-powered websites.

I'm going to step out on a limb and make some predictions about bitcoin price increases:

1) A lot of kids with graphics cards are going to get a LOT of spending money just because they saved the few bitcoins they mined after reading about it in a forum somewhere
2) The term "bitcoin billionaire" is going to become somewhat commonplace, and will refer to someone who became a billionaire through bitcoin investment.
3) The world's first trillionaire (by USD valuation) will be one of the first big investors in bitcoins.
4) This will all happen WITHOUT the collapse of the US dollar, and without bitcoins becoming a commonplace way to pay at the grocery store.

I guess we'll see if I'm right.

Note for posterity: current bitcoin price is in the $5-$6 range after a big run-up.

Everybody who wants to live on an island, I think we should all chip in so we don't have to wait that long.
Here's my take on how life should be:
https://www.bitcoin.org/smf/index.php?topic=6297.msg100801#msg100801

Anybody in their right mind would buy at that price as bitcoins are actually worth infinity dollars. You can thank me later for saving you a fortune.

First I'd slap myself for the hundreds (nearly thousands) of coins I sold for less than $5.  Then I'd shrug it off and hope my mining pool can generate $1000/day in donations, transaction fees, and rounding .