Quote from: Borisz on July 07, 2015, 08:43:54 PM

Quote from: gentlemand on June 22, 2015, 12:20:16 PM

Quote from: arallmuus on June 22, 2015, 09:00:31 AM

You should stop getting yourself under such delusion because the future is still unclear and halvings will mostly affect miners the most and miners are not the one that controls the price. It will happen eventually if there is a demands on it, otherwise it will be just pure cheap talk no matter how many halvings that we have been through

I agree that the halvings leading up to 2024 are reasonably academic, but that one puts the annual coin inflation below 2%. Right now avalanches of coins arrive every day so the sheer dilution makes it hard to tell what the state of the market is.

Post 2024 perhaps it'll start to act in a genuinely deflationary manner.

Quote from: ammy009 on June 22, 2015, 08:33:43 AM

after halving in 2024 it will happen !!! 1 trillion dollar market cap of bitcoin

This halving thing is actually great... People think that this means the coin is become scarce and it will be more valuable, hence the price must rise. However, all it means that the inflation rate of bitcoin is halving. Nevertheless continuous money input into the network is required just to maintain its price, not rise.
If the market cap stays at say 1 Billion USD and we keep adding new coins by mining, what will happen? Bitcoin has to attract investors and expend or otherwise increase its perceived value just to maintain and possibly increase it's "price" (converted in USD/EUR/etc).

So this illusion of the coin becoming more valuable overnight after block reward halving has little to do with the actual fact of halving, rather than what people think.

Quote from: tyz on July 07, 2015, 06:08:32 PM

Trillion or billion? Last one could happen very soon when Chinese stock exchanges and economy will collapse Cool

As posted previously, the current market cap is already 4 Billion. (source example)

Quote from: ifightformerkel on July 07, 2015, 07:01:29 PM

A trillion marketcap means that 1 bitcoin will cost about 78.000 Dollar.

Someone will not believe this, but imo it will happen for 100% in the next 5 years, before 2021.
Only some big company must start with bitcoin payment and it will trigger a chain reaction.

I think some people are way too optimistic. The current market cap is negligible compared to 1 trillion, meaning that yearly 200 billion would be needed to get into the bitcoin economy. Not saying it is impossible, but looking at it realistically, its rather unlikely.

It is technically more scarce, no need to for the italicized "think". It inflation goes down, and the result is a more scarce asset, the total supply is constantly shrinking, and the fact the block reward gets cut in half makes it more valuable instantly. The pump will be epic.