Post
Topic
Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
Amph
on 17/05/2015, 15:09:36 UTC

What's wrong with $80,000 per coin?


Nothing much but isn't it considerably more of a stretch? A $1000 coin was achieved off the back of a few hundred thousand enthusiasts using comedy exchanges run by children and crooks.

$80,000 would need a decent chunk of global wealth being convinced to pour into it and stay there. It probably wouldn't actually require that much USD in global terms, maybe $100-250 billion of direct expenditure to push it that high but that's still far from chump change.

Possible but far more difficult to achieve.

NASDAQ is up in this bitch already. It only takes a couple whales joining the party, we don't need "Mass adoption" to hit 6 figures per coin.

i fully agree, it was never a problem of adoption, it's a problem of having whales in the market, not just holders and traders that want to be pro by playing with random bot

None from suggested speculated prices seems impossible.  Just imagine the price per bitcoin when millions of new bitcoiners will want to buy some.  Price will be astronomical.

mmh i don't know such price scenario seems still unreal to me, many would be rich with that price(100k), they would dump for sure, causing another tremendous crash

also faucets would be fucking profitable, they will start to reward you only 1 satoshi per hour..