There is going to be a ton of computing power that will go online in the next 90 days. I highly suspect the next jump will be by March to around $1200 to $1500.
I don't think hashing power is correlated to the increase in price.
Topic: When will BTC be worth $100,000 per BTC??? - page 10. (Read 6871 times)
I don't think hashing power is correlated to the increase in price.
I for one didn't think it was going to jump from a study $300-450 to over $900 in one weekend.
There is going to be a ton of computing power that will go online in the next 90 days. I highly suspect the next jump will be by March to around $1200 to $1500.
There is going to be a ton of computing power that will go online in the next 90 days. I highly suspect the next jump will be by March to around $1200 to $1500.
100k$? Probably not going to happen... Maybe in some wild scenerio...
That is the only way I will become a millionaire..... screw petty gains, $1000/BTC is nothing
Whewnever the mainstream pushes it into the next bubble, perhaps even the bubble that breaks the system. Think about it, it isn't a bubble yet, but after significant rises once it gets hyped by the mainstream and all the highly leveraged players enter the market, the profits from Bitcoins and alt-coins will get ridiculous, and as soon as their price drops the fiat system will crumble. People always argue about whether Bitcoin is a bubble, and I say not yet. But eventually I don't see how there won't be highly leveraged players attracted to the profits and then it would get pushed into a bubble. We are far from that scenario, but I'm waiting for that to happen before I cash out.
It will happen in less than 2 years. Bit coin is viewed as digitall gold and will
be traded as a security/comodity. For day by day transactions we will have
another coins, probably a faster one ltc xpm, who knows.
be traded as a security/comodity. For day by day transactions we will have
another coins, probably a faster one ltc xpm, who knows.
It is such high amount I doubt $100,000 per BTC happens anytime.
It wont happen.. Face it
There are some more or less fundamental flaws with today's implementation of bitcoin. If they will not be corrected as time goes, then I would expect to see an alternative picking up the pace, leaving bitcoin behind. On the other hand, if they will be corrected, then there is no upper limit. Currently bitcoin is superior to its competitors, so it definitely has potential, but its deflationary aspects make it difficult for it to be considered a currency rather than a stock. It will not reach this price as a stock, only as a currency.
Couldn't it be used as a stock once the price becomes more stable?
am sure in year 2020.
There is much more than 1.22T dollar. I think you're just counting M0 
I just used whatever statistic I saw Here
There is like $10T in M2 and that's not even all as they stopped recording M3 which is higher still. No one knows how high though.
There is much more than 1.22T dollar. I think you're just counting M0
I just used whatever statistic I saw Here
There is much more than 1.22T dollar. I think you're just counting M0
The day that BTC reaches the same popularity worldwide as USD...
~1.22 Trillion Dollars in circulation
~21 Million Bitcoins (Max) in circulation
1.22T/21M = $58,095.2380952 per bitcoin!
Or if we match the popularity of gold!
~10 billion ounces of gold
~21 Million Bitcoins (Max) in circulation
10B/21M = 476.19047619 oz of gold per bitcoin...
476 oz of gold is approx. $591,857.142857 at today's prices. Oh my.
~1.22 Trillion Dollars in circulation
~21 Million Bitcoins (Max) in circulation
1.22T/21M = $58,095.2380952 per bitcoin!
Or if we match the popularity of gold!
~10 billion ounces of gold
~21 Million Bitcoins (Max) in circulation
10B/21M = 476.19047619 oz of gold per bitcoin...
476 oz of gold is approx. $591,857.142857 at today's prices. Oh my.
it will never hit 1000 USD
but to be honest: you will never hold your bitcoin when it raises slowly to 100.000 dollar. i dont think you are cool enough.
but to be honest: you will never hold your bitcoin when it raises slowly to 100.000 dollar. i dont think you are cool enough.
That is the only way I will become a millionaire..... screw petty gains, $1000/BTC is nothing
Probably never, but it would be great if it does. I agree with raspcoin, unless it becomes a over the counter currency it will never take off.
As of right now the biggest problem I see is that transfers and confirmations are too slow. Currently, I'm waiting 3 hours for a $100 exchange to confirm.
Could you imagine the 100 million transactions every morning just for peoples morning coffee fix. "I'm sorry sir, you can't leave until your funds clear. Yeah, estimated time....next year."
Blockchain overload. I see Bitcoins going to zero than before ever getting that high.
As of right now the biggest problem I see is that transfers and confirmations are too slow. Currently, I'm waiting 3 hours for a $100 exchange to confirm.
Could you imagine the 100 million transactions every morning just for peoples morning coffee fix. "I'm sorry sir, you can't leave until your funds clear. Yeah, estimated time....next year."
Blockchain overload. I see Bitcoins going to zero than before ever getting that high.
There are possible solutions for this, all was discussed earlier.
For your 3 hours transaction confirmation. You have to pay proper fees, then your transaction get confirmed fast
Please don't waster the next 2 years obsessively watching bitcoins go up and down everyday.
good advice. i don't really know if or when it will happen, but i sure as hell hope it does.
I agree with raspcoin, unless it becomes a over the counter currency it will never take off.
As of right now the biggest problem I see is that transfers and confirmations are too slow. Currently, I'm waiting 3 hours for a $100 exchange to confirm.
Could you imagine the 100 million transactions every morning just for peoples morning coffee fix. "I'm sorry sir, you can't leave until your funds clear. Yeah, estimated time....next year."
Blockchain overload. I see Bitcoins going to zero than before ever getting that high.
As of right now the biggest problem I see is that transfers and confirmations are too slow. Currently, I'm waiting 3 hours for a $100 exchange to confirm.
Could you imagine the 100 million transactions every morning just for peoples morning coffee fix. "I'm sorry sir, you can't leave until your funds clear. Yeah, estimated time....next year."
Blockchain overload. I see Bitcoins going to zero than before ever getting that high.
if you think that is the main problem, investing in LTC may sound like a good idea. i've been thinking about doing it myself.
Please don't waster the next 2 years obsessively watching bitcoins go up and down everyday.
3 more 8 month cycles.
so 24 months?
if you're wrong you got a whole world of pain coming your way
3 more 8 month cycles.
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