Quote from: randy8777 on June 14, 2015, 10:15:50 AM

Quote from: eerygarden on June 13, 2015, 05:46:35 PM

Quote from: odolvlobo on June 13, 2015, 03:54:54 PM

Quote from: Amph on June 13, 2015, 02:49:30 PM

5-10 years for reaching a mere 690? this must be a joke, if by that time bitcoin is still at 690, then something went utterly wrong, and bitcoin is done, none can save it anymore

It is entirely possible for Bitcoin to become widely adopted while the price to remains where it is now or even falls.

Do you think? I look at it in the sense that if it becomes widely adopted then it's demand would obviously sky rocket and naturally the exchange price would rise. I would be quite surprised if it's popularity increased and its current value remained the same.

you expect too much from bitcoin, bitcoin at $1000 will be an amazing achievement. a market cap of around $20 billion is more than enough.

You know what? You are probably right. I first got excited by bitcoin around a year ago. I bought a few and held until I sold for roughly 50%-60% loss a couple of months ago. The thing that remains though is that the technology is still very exciting and it's potential is huge. It's all down to other people though to make it happen. I can only join in with dreaming the dream. But that's actually pretty important as the more people that believe bitcoin has value is what will actually make it more valuable.