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Topic: Will BTC rise from the ashes? (Read 3815 times)

legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
July 08, 2014, 09:52:06 PM
#48
ashes.. really? btc = $0.01 would be ashes.

The ashes of the debt-based money system.

"Conan! What is best in life? "

"To crush your enemies, see them driven before you, and to hear the lamentation of their women."
legendary
Activity: 1022
Merit: 1000
July 08, 2014, 07:01:58 PM
#47
Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.

Problem is internet by itself has no price tag and doesn't make any profit.

I still think the internet analogy holds.  Bitcoin is a payment network so it is bigger than any one firm, while lots of firms went broke in automobiles, airplanes, etc, cars and planes are still with us.  So I think bitcoin continues though I worry about things like blockchain size and Ghash.io inhibiting long term success.

Also, the survival of the network does not mean each bitcoin has to cost 1000+ USD, though I think it will.
newbie
Activity: 9
Merit: 0
July 08, 2014, 05:49:24 PM
#46
Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.

Problem is internet by itself has no price tag and doesn't make any profit.

and you cannot trade or speculate it. companies make profit by charging others to use the "network"...
full member
Activity: 169
Merit: 100
July 08, 2014, 05:08:15 PM
#45
Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.

Problem is internet by itself has no price tag and doesn't make any profit.
newbie
Activity: 9
Merit: 0
July 08, 2014, 05:03:54 PM
#44
ashes.. really? btc = $0.01 would be ashes.
hero member
Activity: 728
Merit: 500
July 08, 2014, 12:09:22 PM
#43
Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .

A little overly optimist on the future of bitcoin.

Don't forget all the investment in the past that change the world. The panama channel, radio, railroad, internet, housing, energy. Most companies during the boom year eventually went bust.


Bitcoin isn't a company, though.  It's more easily compared to the internet itself than an internet-based company.  That would be like Coinbase.
full member
Activity: 213
Merit: 100
July 08, 2014, 08:47:39 AM
#42
Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .

A little overly optimist on the future of bitcoin.

Don't forget all the investment in the past that change the world. The panama channel, radio, railroad, internet, housing, energy. Most companies during the boom year eventually went bust.
legendary
Activity: 2324
Merit: 1125
July 07, 2014, 10:36:29 PM
#41
Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .

Then you see why he likes his bet  Cool
sr. member
Activity: 336
Merit: 250
July 07, 2014, 09:59:30 PM
#40
It's fun to see how a comment gets a good flow of reactions Grin

Just to explain my point, I believe we are somewhere between the despair phase and the return to mean.
A lot of people I talk to outside of this forum believe Bitcoin is done for or will not succeed.
Also we have had a few moments that we were at a good support and the bottom fell out again.

In my opinion it is safer to assume we are still in the despair phase (aka rock bottom).

I do not believe we are at "the" breakout point yet as stated by maker88. I do hope so but I think we will be seeing a bear trap in the first take-off.

As stated by Tera it is also a "smart money" phase since the price fluctuates in a relatively predictible pattern.


On a side note, I am a hodler with quite some coins to my name. I'm hodling for 10k to 100k bitcoins so I'm a long-term bull and a realist.

approaching, not there. i think the real action will happen in the winter
hero member
Activity: 770
Merit: 500
July 07, 2014, 09:57:08 AM
#39
Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.

2020 is a long time , BTC will be over 1k by the end of this year .
legendary
Activity: 1722
Merit: 1000
July 07, 2014, 09:30:51 AM
#38
Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes

I've got $1000 that says BTC hits 1k again before 2020.
legendary
Activity: 2730
Merit: 1288
July 04, 2014, 10:09:08 AM
#37
Will BTC will 1000 dollars again?

No

Will LTC claim back above 20 dollars again?

No

Will the other early semi-successful coins PPC/NMC reach 10 dollars again?

Yes
full member
Activity: 224
Merit: 100
VocalPlatform.com
July 04, 2014, 01:42:26 AM
#36
That is for Bitcoin was made isn't it ?

Soon or later it will and i also hope Doges reach at least $1/coin   Cry , that would be very nice news to me...
legendary
Activity: 1176
Merit: 1010
Borsche
June 30, 2014, 09:46:02 AM
#35
It's fun to see how a comment gets a good flow of reactions Grin

Just to explain my point, I believe we are somewhere between the despair phase and the return to mean.
A lot of people I talk to outside of this forum believe Bitcoin is done for or will not succeed.
Also we have had a few moments that we were at a good support and the bottom fell out again.

In my opinion it is safer to assume we are still in the despair phase (aka rock bottom).

I do not believe we are at "the" breakout point yet as stated by maker88. I do hope so but I think we will be seeing a bear trap in the first take-off.

As stated by Tera it is also a "smart money" phase since the price fluctuates in a relatively predictible pattern.


On a side note, I am a hodler with quite some coins to my name. I'm hodling for 10k to 100k bitcoins so I'm a long-term bull and a realist.

Why do people always feel uncomfortable unless they can put a simple tag on something? "smart money" or "despair" who the hell cares, these are tags from an artificial graph which can be used to describe some asset's pricecharts to three-year olds, but which is not applicable to bitcoin at all because it have never followed that particular pattern - instead, it continues it's growth without ever revisiting lower pre-rally levels, making this whole phase tagging irrelevant.

We are definitely in a bitcoin adoption phase, there's no tag for it yet because humanity never yet witnessed creation of new money coming from people, not from the ruling body. That's all I personally need to know about phases Smiley Everything else are minor fluctuations around straight exponential growth.
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
June 28, 2014, 06:42:04 PM
#34
i dont know these "ashes" you speak of?
The ashes of thedarksun's reputation.  I know, there aren't any.
legendary
Activity: 1652
Merit: 1265
June 28, 2014, 02:52:31 PM
#33
It's fun to see how a comment gets a good flow of reactions Grin

Just to explain my point, I believe we are somewhere between the despair phase and the return to mean.
A lot of people I talk to outside of this forum believe Bitcoin is done for or will not succeed.
Also we have had a few moments that we were at a good support and the bottom fell out again.

In my opinion it is safer to assume we are still in the despair phase (aka rock bottom).

I do not believe we are at "the" breakout point yet as stated by maker88. I do hope so but I think we will be seeing a bear trap in the first take-off.

As stated by Tera it is also a "smart money" phase since the price fluctuates in a relatively predictible pattern.


On a side note, I am a hodler with quite some coins to my name. I'm hodling for 10k to 100k bitcoins so I'm a long-term bull and a realist.
sr. member
Activity: 336
Merit: 250
June 28, 2014, 02:19:05 PM
#32
despair phase? wtf are you guys all paying falling to be your financial advisor or something? more like return to mean. were approaching the breakout point. as samuel l jackson said in jurassic park, hold onto yer butts
sr. member
Activity: 294
Merit: 250
★777Coin.com★ Fun BTC Casino!
June 28, 2014, 11:54:08 AM
#31
maybe BTC will rise from the ashes when it comes to the ashes  Grin

It valued from cents to 100's in five years, and survived the GOX and China ban drama. Don't call it ashes if you got bad timming and sold all your family and stuff to buy at the 1000's

Even after GOX fiasco, BTC is still at good price , I won't even call such thing as Bitcoin in ashes.
sr. member
Activity: 639
Merit: 251
June 28, 2014, 09:41:16 AM
#30
Will BTC will 1000 dollars again? Will LTC claim back above 20 dollars again? Will the other early semi-successful coins PPC/NMC reach 10 dollars again?
Right now, hope fades away, slowly but safely...

IMO, the only way we can have a great rise again is if somehow the Chinese government drops all bans on Bitcoin and puts up regulations around it rather.

If you think cca 600$ per bitcoin makes bitcoin in ashes, youre gonna have a bad time.
Price means not that much to bitcoin, as payments in and out of bitcoin have little to do with the bitcoin price itself.


Well, it doenst mean Bitcoin will be more successful than it has already been. The 1000dollar china was a dumb bubble, I don't think we will ever see btc at that price again because it doesnt seem like China will accept bitcoin.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
June 28, 2014, 09:14:09 AM
#29
Will BTC will 1000 dollars again? Will LTC claim back above 20 dollars again? Will the other early semi-successful coins PPC/NMC reach 10 dollars again?
Right now, hope fades away, slowly but safely...

IMO, the only way we can have a great rise again is if somehow the Chinese government drops all bans on Bitcoin and puts up regulations around it rather.

If you think cca 600$ per bitcoin makes bitcoin in ashes, youre gonna have a bad time.
Price means not that much to bitcoin, as payments in and out of bitcoin have little to do with the bitcoin price itself.
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