This. Encrypted money. This is why Bitcoin is worth a trillion dollars.
And how many apples does bitcoin worth?
Proof, please?
Topic: Why bitcoin is worth $1 Trillion (Read 2779 times)
This. Encrypted money. This is why Bitcoin is worth a trillion dollars.
And how many apples does bitcoin worth?
Proof, please?
This. Encrypted money. This is why Bitcoin is worth a trillion dollars.
And how many apples does bitcoin worth?
This. Encrypted money. This is why Bitcoin is worth a trillion dollars.
And how many apples does bitcoin worth?
There are now countless threads talking about "where is the support for this price?" And the press calling it a bubble because there is "no support for the price".
Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
+1
crazy_rabbit is not so crazy!
I look at it as personal banking that you have total control over your money at all times. That is, if you do your homework!
Bitcoin might be revolutionary and incredibly useful but what we are seeing now IS a bubble. The price has been rising fast for no reason other than speculation. At some point, likely fairly soon, the speculators will want to get their money out and we'll see a correction.
Personally, I think that is a couple months away.
If there are no speculator and 1% of people (70,000,000) will invest $1000 into FREE MONEY then we have invested $70B ($70,000,000,000 USD) and we will split 11M BTC (11,000,000)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
Wouldn't most alt coins would be worth atleast a dollar each then?
Not just Lite coins but....different.. alts such as Dev and BBQ coin?
If one type of nonsense goes to the moon that does not necessarily mean that all nonsense goes to the moon with it.
A alt coin being priced at 1 dollar per coin, compared to bit coin's 6,364 is not going to the moon.
Bitcoin might be revolutionary and incredibly useful but what we are seeing now IS a bubble. The price has been rising fast for no reason other than speculation. At some point, likely fairly soon, the speculators will want to get their money out and we'll see a correction.
This is just one sentence, and it's not catchy, but it is a simple truth that all by itself would make Bitcoin worth trillions if wealthy people all understood it: There's simply nowhere else a billionaire can really hide or transport his money with impunity anywhere near as effectively as Bitcoin. Every billionaire must invest a significant portion of their assets; it is inevitable if Bitcoin sticks around, and is a very attractive option even right now, in the face of uncertain capital controls and leaks. The Rothschilds will do Bitcoin!
And another thing everyone seems to miss: the actual value potential is in the quadrillions, because the economy fueled by Bitcoin will be far, far more efficient than the current one, so everyone will be far wealthier and each bitcoin will have to cover that much more.
And another thing everyone seems to miss: the actual value potential is in the quadrillions, because the economy fueled by Bitcoin will be far, far more efficient than the current one, so everyone will be far wealthier and each bitcoin will have to cover that much more.
I was trying to be modest with that $1 trillion figure.
This is just one sentence, and it's not catchy, but it is a simple truth that all by itself would make Bitcoin worth trillions if wealthy people all understood it: There's simply nowhere else a billionaire can really hide or transport his money with impunity anywhere near as effectively as Bitcoin. Every billionaire must invest a significant portion of their assets; it is inevitable if Bitcoin sticks around, and is a very attractive option even right now, in the face of uncertain capital controls and leaks. The Rothschilds will do Bitcoin!
And another thing everyone seems to miss: the actual value potential is in the quadrillions, because the economy fueled by Bitcoin will be far, far more efficient than the current one, so everyone will be far wealthier and each bitcoin will have to cover that much more.
And another thing everyone seems to miss: the actual value potential is in the quadrillions, because the economy fueled by Bitcoin will be far, far more efficient than the current one, so everyone will be far wealthier and each bitcoin will have to cover that much more.
If there are no speculator and 1% of people (70,000,000) will invest $1000 into FREE MONEY then we have invested $70B ($70,000,000,000 USD) and we will split 11M BTC (11,000,000)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
Wouldn't most alt coins would be worth atleast a dollar each then?
Not just Lite coins but....different.. alts such as Dev and BBQ coin?
If one type of nonsense goes to the moon that does not necessarily mean that all nonsense goes to the moon with it.
If there are no speculator and 1% of people (70,000,000) will invest $1000 into FREE MONEY then we have invested $70B ($70,000,000,000 USD) and we will split 11M BTC (11,000,000)
result
1 BTC = $70,000,000,000/11,000,000 = $6,364
result
1 BTC = $70,000,000,000/11,000,000 = $6,364
Not sure, since most of the money is not in private people's hands, not to speak about other financial instruments.
How about backing the Quadrillion Derivatives Death Star by BTC?
1,000,000,000,000 / 11,000,000 = $90,909
If there are no speculator and 1% of people (70,000,000) will invest $1000 into FREE MONEY then we have invested $70B ($70,000,000,000 USD) and we will split 11M BTC (11,000,000)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
I could live with that.
yawn this stuff about bitcoin being the future of money and killing bankers is starting to get tiring
find a new story bro
find a new story bro
you mean the enormous speculative bubble story?
There are now countless threads talking about "where is the support for this price?" And the press calling it a bubble because there is "no support for the price".
Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
Governments can torture so no, encrypted anything isn't a threat to any government. It's only going to increase risk to yourself. The best bet is to accept these risks from the start and assume there are no secrets which are kept from governments. The goal should be to make governments accept cryptocurrencies not fear them and to move to governments and countries which are more civilized.Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
Nothing stops governments from arresting people and torturing them into paying taxes so its easier to just pay the tax up front. Just pay the IRS.
Just to be clear, I have nothing against being a legal upstanding citizen, and I will be paying tax on my capital gains. But I stick by my OP- Russia being #1 in google trends for bitcoin is not about letting the government know your secrets.
If there are no speculator and 1% of people (70,000,000) will invest $1000 into FREE MONEY then we have invested $70B ($70,000,000,000 USD) and we will split 11M BTC (11,000,000)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
result
70,000,000 adopters
$70,000,000,000 market cap.
11,000,000 BTC (today)
====
every own 11,000,000/70,000,000 = 0,157 BTC ($1000 investment)
1 BTC = $70,000,000,000/11,000,000 = $6,364
===
I think FAIR PRICE :-)
yawn this stuff about bitcoin being the future of money and killing bankers is starting to get tiring
You have that backwards. Central bankers have been boring, tiring and predictable for too long. Time to light a fire under their asses.
yawn this stuff about bitcoin being the future of money and killing bankers is starting to get tiring
find a new story bro
find a new story bro
Governments also have trained expert hackers
By and large, entrenched government employees are the ones that couldn't cut it in the private sector. That's not to say that all government employees are incompetent but the incompetent are disproportionally represented in the public sector.
I have much more faith in math, P2P, crypto and the laws of physics than I do in banks or governments.
...you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars.
Exactly.
It's actually encrypted money that can be sent over the internet at ridiculously low cost.
It's also a great store of value, in that it's scarce, with a predictable and honest rate of creation.
It's also a payment processor, far more honest and efficient than anything Western Union, PayPal or any of the others have offered us so far.
If it achieves just one percent of its potential in any of these three areas (or one third of one percent in all three) it will already be worth more than 1 trillion dollars.
Extortion will also happen in the form of mafias which actually act as government.
There are now countless threads talking about "where is the support for this price?" And the press calling it a bubble because there is "no support for the price".
Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
Governments can torture so no, encrypted anything isn't a threat to any government. It's only going to increase risk to yourself. The best bet is to accept these risks from the start and assume there are no secrets which are kept from governments. The goal should be to make governments accept cryptocurrencies not fear them and to move to governments and countries which are more civilized.Well they are all wrong. The support for bitcoin is the most obvious part, yet no one publicly mentions it.
Bitcoin is encrypted money. Money that you can lock with a secret inside your brain, where no bank, government, or anyone else can take it.
This. Encrypted money. This is why Bitcoin is worth a trillion dollars. If we never spend it on groceries, but hold it like gold, it will still be worth a trillion dollars.
Because bitcoin is the fulfillment of the internet and digital manifest destiny.
Security through numbers, freedom through cryptography.
Nothing stops governments from arresting people and torturing them into paying taxes so its easier to just pay the tax up front. Just pay the IRS.
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