We will never hit 10k.
Bitcoin is not made to hit 10k or even 100k.
It's made for transactions and yes having a rise in the value is good, but not mandatory for bitcoin to succeed.
Bitcoin is not made to hit 10k or even 100k.
It's made for transactions and yes having a rise in the value is good, but not mandatory for bitcoin to succeed.
In coming few years I don't think that we'll reach 1000$, which means to reach 1000$ itself it may take some more years. So counting in such manner it may take some 30-40years to reach 10000$.....
Are both of you having a party? How many bottles of rum did you guy's consumed?
Yeah, that must be dirty rum. I am amazed as well about how they do not understand anything about the possibilities of Bitcoin and bitcoin at all.
This is a great post OP btw! I can finally ignore all noise accounts with ease! I just need to check for 2 keywords together in a reply: '10.000' +'never' =auto ignore :-D
Anyone who thinks 10.000$/BTC is unattainable, or it needs decades - hello, ever heard of exponentially growing network effect?? -, just have no clue about the economics of the world or suck at mathematics (real bad!!), or both. 10.000$/BTC equals at the max. of 21 million coins as 210 billion dollars of market capitalization. Gold is a 7,5+ trillion dollar market today and it is basically useless in everyday economic activity, unlike bitcoin. Heck, a middle sized trust fund is bigger than 210 billion $.
All "skeptics" should check this out: http://money.visualcapitalist.com/all-of-the-worlds-money-and-markets-in-one-visualization/
It is an awesome and shocking graph about how small bitcoin is (like a small town's yearly budget).
Also:
Now tell us how bitcoin can't get above 1000$.