Post
Topic
Board Speculation
Re: 300 is broken, to never see again
by
RomertL
on 03/01/2015, 18:30:51 UTC
As the bitcoin economy matures, us folks inside will have an unfair advantage towards the cattle still stuck in the Matrix.

How will you have an advantage? What's the advantage, exactly?

Quote
And yea, by that time price with be a LOT higher than 300 USD even without the help of the sheeple.

And how will you get the price to stay above 300 USD, when only you and a few other bulltard cultists are trading/hodling the beanie coins? Magic?

The law of supply and demand will soon punch you in the face, my friend.





Well... I could probably write a whole book about the first question. Let's just mention a few. First of, we don't pay taxes. The value we create, we spend as we please. If some folks want to spend money together to finance some project, they do that. If others wants to spend their income individually, they do that. There's no regulations. Everybody can start any kind of business without any silly licence. We crowdsource, we crowdfund, we opensource, we issue bitcoinshares without fees and papers that are sold globally. We run our businesses without any borders, especially with digital services and products, we sell to, buy from, and compete with, companies in the whole world on the very same terms. Only competence is important in our world. Not whom you know, what fancy diploma you have, or what "country" you live in. We're sending millions of dollars instantly across borders without fees or bureaucracy. Do you want me to go on? Now, for your second question, I want you to take this whole economy, add a few years of development and innovation, including stuff nobody have thought about yet. Divide the value of all that potential with 21 000 000, the nr of all btc that will ever be created. You should now have a value that is a LOT higher than 300usd.