Post
Topic
Board Speculation
Re: Bold statement: Next target is low ~$700s (Awaiting scream of laughter)
by
ensurance982
on 05/05/2015, 16:27:27 UTC
A truly limitied supply will throw manipulators right off.  For 100's .. 1000's of years they have been able to endlessly print new money or promises of gold.. 

Many of you understand BTC is something new, many understand it allows you to do a lot of things a lowly peseant has never been able to do throught all of history, very very very few understand what potential this has good and bad as probably even less can see how easily it could be used to control the entire population.

I for see a massive bubble than a hard fork to a UN/BRICs controlled bitcoin.

Even if the supply is "truly limited", the debate over a reasonable price for Bitcoin is still going very strong. We simply don't know whether it it $1, $50, $235, or $1000 or even $100'000. Slow accumulation can potentially be the best strategy for people who believe in the long-term success of Bitcoin!