will the bitcoin reach $1000 one day...? - page 99.

LosVegas

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Quote from: magic man on August 23, 2013, 11:33:45 PM

With that spike a while back up to $260+ its really hard to say. Bitcoins can't be interpreted like typical currency exchange.
That said I really wish I would have cashed out at that all time high but then again I was getting greedy and thinking it could easily see the $500 mark lol

btc at 200+ a coin rocked

magic man

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With that spike a while back up to $260+ its really hard to say. Bitcoins can't be interpreted like typical currency exchange.
That said I really wish I would have cashed out at that all time high but then again I was getting greedy and thinking it could easily see the $500 mark lol

standardcrypto

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Some crypto currency will.

geofflosophy

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Quote from: MrJiggledaddy on August 23, 2013, 02:46:51 PM

I think the bigger question, is that when the bitcoin's value is at what would right now be $1000 usd, will the usd still be worth anything?

Do you really honestly believe that USD inflation is rising at a rate anywhere approaching the rate of bitcoin adoption? If you do, I'd love to see your zeroed out savings and investment accounts.

g83

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Quote from: MrJiggledaddy on August 23, 2013, 02:46:51 PM

I think the bigger question, is that when the bitcoin's value is at what would right now be $1000 usd, will the usd still be worth anything?

Yes you can buy 1 bitcoin for it and wait for a rise to 10000. Grin

MrJiggledaddy

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I think the bigger question, is that when the bitcoin's value is at what would right now be $1000 usd, will the usd still be worth anything?

Rassah

legendary

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It's August. 2012. A bitcoin is worth about $7. It will obviously NEVER reach $100. At least not any time soon. The idea that it would get there in a year is ridiculous.

Lesson - never say never.

DannyHamilton

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Quote from: elliwilli on August 23, 2013, 11:37:46 AM

Well i mean it is theoretically possible. it will definitely take a long time. possibly once we reach cap and no more coins can be minted it will reach that. the chances are slim though.

Won't reach cap for over 120 years. So, you're saying not in our lifetime?

elliwilli

sr. member

Activity: 307

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et rich or die tryi

Well i mean it is theoretically possible. it will definitely take a long time. possibly once we reach cap and no more coins can be minted it will reach that. the chances are slim though.

BitBlink

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We all certainly hope so! Wink

Rassah

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Quote from: Joker88 on August 23, 2013, 04:46:00 AM

Not sure because LTC has more advantages in the future

Just one, actually: Shorter confirmation times. And it's a crappy one, since the confirmation times are still 2.5 minutes. In the future, that may even be a disadvantage, since, once the network gets really large, 2.5 minutes may not be enough time for transactions and blocks to propagate around the world (block sizes will eventually be quite large), and the whole Litecoin system may explode in fork chains Sad

Joker88

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Not sure because LTC has more advantages in the future

immortal4now

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Quote from: operrajunk74 on August 23, 2013, 04:21:46 AM

Quote from: slavo on August 22, 2013, 11:22:25 AM

super topic

will i be rich soon : yes of course ! Roll Eyes

Only few have balls to buy and hold a lot of Bitcoins

But those who do, will be rich Wink

operrajunk74

sr. member

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Quote from: slavo on August 22, 2013, 11:22:25 AM

super topic

will i be rich soon : yes of course ! Roll Eyes

Only few have balls to buy and hold a lot of Bitcoins

spa4rtacus

newbie

Activity: 54

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BTC is inherently deflationary. By design it has a fixed number of whole coins - 21 million. So far there had been hundreds if not thousands of coins lost (forgotten passwords, lost wallets, etc...). This means there are actually less usable/transferable coins than the total that currently exists. As long as demand rises, while supply stays limited, prices will rise accordingly.

spa4rtacus

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Quote from: Rassah on August 22, 2013, 11:40:52 AM

Quote from: spa4rtacus on August 22, 2013, 11:36:40 AM

Unless the feds and major banks succeed in destroying bitcoin, then sure!

So, in other words, sure?

I like your optimism... Cool

Rassah

legendary

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Quote from: spa4rtacus on August 22, 2013, 11:36:40 AM

Unless the feds and major banks succeed in destroying bitcoin, then sure!

So, in other words, sure?

spa4rtacus

newbie

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Unless the feds and major banks succeed in destroying bitcoin, then sure!

slavo

hero member

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super topic

will i be rich soon : yes of course ! Roll Eyes

marina77

newbie

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yes it probably will one day, once bitcoin gets VERY popular and they will be very hard to mine.
but i guess until that point, most of us will have already sold their bitcoins because prices went up soo high

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