The scientists are arguing whether the Universe will ultimately implode into one big black hole (so-called Big Crunch) or explode into nothingness (so-called Big Rip). The Big Rip essentially means that all the matter of the Universe including stars, atoms and elementary particles as well as spacetime itself will be torn apart by the expanding Universe in the future. As I see it, the Big Crunch in respect to Bitcoin would mean accumulating all bitcoins in a few or just one pair of hands, but this is not very likely to happen, so the Big Rip seems to be more possible as we see with the price sky-rocketing right now. Given the Bitcoin infinite divisibility, the Big Rip of Bitcoin would mean the price per 1 BTC shooting through the moon and farther into the depths of the Universe, thereby making Bitcoin and its 21 million coins dissolve completely in the financial spacetime...
So how likely is this, and what is your understanding of how things might unfold in this regard?
So how likely is this, and what is your understanding of how things might unfold in this regard?
What`s the point of combining astronomy and bitcoin?
Obviously, I'm not combining astronomy with bitcoin. All I do is draw analogies with cosmic events to make my point clearer. After all, it is basically the same laws that drive everything around us, right? If you disagree with that, you can try to challenge this stance, but remember, just declaring your disagreement most likely won't be of any interest to anyone. In case you don't understand what I am trying to say here, I guess you may want to read the OP more carefully. If you still don't understand something, feel free to ask...
If understanding is really the point of your presence here, of course
Reading this forum while ago , and always happen the same, as a coin rises , everything is hyp, and wow! and this and that, a lot of posts all talking about how wonderfull is btc, today $1000 tomorrow 10000, bla bla ... and so, next day the coin crash as hard as it was pumped, and everything goes in black-apocalyptic posts etc
In fact, exactly this rally pushed me toward the question what would happen if Bitcoin price continued to rise indefinitely, but this has nothing to do with talks over how wonderful Bitcoin is