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Topic: Where are we? - page 3. (Read 2580 times)

legendary
Activity: 4186
Merit: 4855
You're never too old to think young.
December 23, 2016, 03:14:04 PM
#10
Getting closer to the first sell off...


I thought that was what happened this past summer when it went down under $600.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
December 23, 2016, 03:04:38 PM
#9
Getting closer to the first sell off...
legendary
Activity: 4186
Merit: 4855
You're never too old to think young.
December 23, 2016, 03:01:01 PM
#8
legendary
Activity: 2730
Merit: 1288
December 23, 2016, 02:38:54 PM
#7
Atm we're sitting between 10B-20B MC; a new take-off - media attention.

-snip-

Why are you using this graph that says the current value of bitcoin is at $200? It's at $900, which makes the total market cap MUCH closer to Paypal and Credit card processors. Whether it compete in handling the volume of transactions that they perform is another question.

He most likely used few years old chart. So then not only Bitcoin data are false, but also Paypal, And credit card data are false.

Actually went to check and Paypal marketcap is 47B and Mastercard marketcap is 115B
legendary
Activity: 2688
Merit: 1192
December 23, 2016, 08:21:35 AM
#6
Atm we're sitting between 10B-20B MC; a new take-off - media attention.

-snip-

Why are you using this graph that says the current value of bitcoin is at $200? It's at $900, which makes the total market cap MUCH closer to Paypal and Credit card processors. Whether it compete in handling the volume of transactions that they perform is another question.
legendary
Activity: 3512
Merit: 4557
December 23, 2016, 07:57:12 AM
#5
Atm we're sitting between 10B-20B MC; a new take-off - media attention.

donator
Activity: 1617
Merit: 1012
December 23, 2016, 07:34:03 AM
#4


The current situation is starting to feel a lot like the big run up in nov/dec 2013. But where are we at right now?

Do you see many institutional investors buying Bitcoins at this time? No? Well then on your chart we are before the Institutional Investor phase.
hero member
Activity: 1078
Merit: 514
December 23, 2016, 07:14:25 AM
#3


The current situation is starting to feel a lot like the big run up in nov/dec 2013. But where are we at right now?
I think when bitcoin will cross the point of 1000$ it will attract attention of the media and that will make bitcoin even more popular and more useful. The attraction of new users will make the price to continue to grow.
sr. member
Activity: 299
Merit: 253
December 23, 2016, 07:11:12 AM
#2
If we break 1000 and then make it into the news expect a top around between 1300-2500
newbie
Activity: 56
Merit: 0
December 23, 2016, 06:37:07 AM
#1


The current situation is starting to feel a lot like the big run up in nov/dec 2013. But where are we at right now?
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