You've probably seen this or similar written elsewhere. 
"The past is not a guide to the future and you may get back less than you originally invested."
"The past is not a guide to the future and you may get back less than you originally invested."
again, someone who doesn't have a clue.
It really doesn't have anything to do with past, but everything to do with the future.
I'm by far no bitcoin expert and not even that good at math, but I will at least try and understand how it sort of works.
Below is a simple way I try to explain bitcoin's value.
world fiat dollar market cap or dollar amount used in the world (just an example), probably much higher. Lets say it's 7 trillion dollars and bitcoin can take just 1% percent of that. look below at my basic math.
$7,000,000,000,000 total fiat currency used in the world
$70,000,000,000 1% of of above amount
BTC13,000,000 amount of bitcoins in existence today
$70,000,000,000 / BTC13,000,000 = $5,384.61 each bitcoin (don't forget this is if bitcoin could only take 1% which it will definitely do and much more)
now if someone with better explanation could please elaborate and correct me if I'm way off or incorrect in my calculations.
Cheers
merv77
Those aren't calculations, they're wild speculations. I'm mining btc and believe in btc.
It's not a certainty bitcoin will achieve any of what you're claiming. And to assert it as truth is arrogant and frankly ridiculous. I hope it happens but I'm not staking my entire future on it and neither should anyone else, that said if you're prepared to take the risk then all power to you.
seriously, I think you should read the headlines and why would you even buy a miner if you don't believe in it.
fuck man, even governments and countries believe more than you. http://youtu.be/okNhH7EoV6I who's going to be following the Germans
amazing 
