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Topic: Which side of the coin are you on? $1000 or $30000. Lets have a discussion. - page 2. (Read 261 times)

full member
Activity: 364
Merit: 106
30% of the population is unattainable. Bitcoin can achieve such results only in the case if it is built offline of the bitcoin economy. But now this is impossible because people want to have an additional income through bitcoin in Fiat. They do not share the idea of creating bitcoins. This is why there is no increase in the number of users.
full member
Activity: 378
Merit: 100
Bears are saying Bitcoin is headed to $1000.00 and then the Bitcoin craze will die and we will all be moving on to the next thing. The Bulls say Bitcoin isnt even close to its fullest potential and could be $30,000.00 per coin by years end.
I stand on $30,000 side

With less than 1% of the population dabbling in Bitcoin, does the value seem too high, too low, or just right to you?
It is still low, we should optimistic the value of population will increasing soon or later.

Google is about $1000.00 per share with about 30% of the population using it. What if 30% of the population starts using Bitcoin? How likely is that, and what will that do to the value of Bitcoin?
Are you think it is a logical basis? Why should Bitcoin need to decrease until $1,000 only to gain 30% of population will using it.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
With less than 1% of the population dabbling in Bitcoin, does the value seem too high, too low, or just right to you?

Too high or too low based on what? Based on public sentiment it seems a little low. Based on fundamentals, it seems too high. The potential is great, but there is not a lot to show for it.
full member
Activity: 364
Merit: 123
Why do we have to be one or the other. There are many who will be content with the price remaining around its current price and being steady. It does not have to fall or increase by a factor of 5x.

What if 30% of the population starts using Bitcoin? How likely is that, and what will that do to the value of Bitcoin?

That's basic economics... Price goes up a lot. It's not very likely to happen in the near future, just look in to how many people in the world use payments methods like debit/credit cards and you'll see why.
member
Activity: 98
Merit: 12
Bears are saying Bitcoin is headed to $1000.00 and then the Bitcoin craze will die and we will all be moving on to the next thing. The Bulls say Bitcoin isnt even close to its fullest potential and could be $30,000.00 per coin by years end.

With less than 1% of the population dabbling in Bitcoin, does the value seem too high, too low, or just right to you?

Google is about $1000.00 per share with about 30% of the population using it. What if 30% of the population starts using Bitcoin? How likely is that, and what will that do to the value of Bitcoin?

Which side of the coin are you on?

https://www.forbes.com/sites/panosmourdoukoutas/2018/04/08/wheres-bitcoin-price-heading-next-1k-or-30k/#32ce51232029

Lets have a discussion.
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