Quote from: Hyena on November 05, 2015, 08:48:23 PM

Quote from: noob2001 on November 05, 2015, 08:35:25 PM

$200k isn't enough....
Bitcoin is destined to be at least $1M each

I said we would fall down to 200k. It means 200k would be the bottom. Of course it will grow higher as we come out of the bottom but it would never reach 5 000 000 again.

I actually sort of agree with this assessment. We would never reach 5M mainly due to the probable arrival of a super intelligence and an intelligence explosion thereafter. Possibly rendering money, digital or otherwise, obsolete.

See: http://hplusmagazine.com/2013/12/23/infinity-point-will-arrive-by-2035-latest/
See: http://www.kurzweilai.net/the-law-of-accelerating-returns