Quote from: talks_cheep on May 10, 2016, 01:26:56 AM

Quote from: pitham1 on May 10, 2016, 01:19:21 AM

Quote from: Kysduckson on May 09, 2016, 08:46:17 PM

Quote from: gentlemand on April 26, 2016, 06:12:28 PM

Quote from: randy8777 on April 26, 2016, 06:07:50 PM

i only consider the $1000 price level to be "the moon". and i don't think we will reach that price just because of the block halving. we will need much more than the halving to come even close to that price.

$1000 is still fuck all in the great scheme of things. If that's your moon then you need to zoom out, or in, can't decide. I don't think there's any danger of $1000 this year anyway.

$1000 could be a good price target to achieve in 12 months. The mass adoption of the coin can help the price.

If there is a bull run after the halving, we won't have to wait 12 months. Wink

There's no mass adoption. There will not be a mass adoption, very few people use btc as a currency, most people use btc as a storage of wealth, it's become a speculative vehicle. Why spend btc when you know it's likely to become more valuable as time passes by? This is a paradox and a yoke around the neck of bitcoin.

This exactly and I've been saying it in other threads. Bitcoin sucks as a currency and will continue said sucking until we get paid in bitcoin and goods are priced in bitcoin. Despite that, I'm a fan and I do hope we're off to the moon.