Post
Topic
Board Bitcoin Discussion
Re: I am pretty confident we are the new wealthy elite, gentlemen.
by
Moonpig
on 19/07/2015, 15:00:17 UTC
that was before 1000$ BTC price.



it was after actually because 1k happened around january, but it does not mean anything because a manipulated price like that on one exchange only does not count at all

Finally, someone gets it. Bitcoin has never hit $1k exchange rate. That was a Karpeles con. It's actually a testament to Bitcoin's success that we've held stable at the $250-$300 range for so long. There's nothing wrong with it taking 30 years to reach $1k exchange rate. Most people just don't want to believe it will take that long because that doesn't fit neatly into their early retirement plan.

Well, it did hit it regardless of manipulation. Maybe someone could manipulate it back there too. I do think it is going to take a while for us to get back to 1k but if bitcoin is adopted by a major industry or company then I think we'll get their sooner than people think.