Quote from: kehtolo on April 19, 2017, 07:39:20 AM

Quote from: HabBear on April 19, 2017, 02:14:13 AM

I like to dream. Instead of throwing around random numbers let's talk about how much adoption and demand would be required to drive the price from its current $1,200 to $47,000 per coin.

What kind of shifts in behavior and mindset are needed?

How can each of us do something to get us there...small actions now could have huge effects in 12 years. If each of us convinced 10 people to buy some bitcoin and each of those people convinced 10 people to buy some bitcoin, the growth becomes exponential.

Ok, I'll try this one.. All it would take is a failure of the Euro.. the US$ to get into trouble and the 10 TRN bond market to have a few hiccups and hell, you're there.

These things havce been predicted to happen for ages now.. i think withing the next 12 years there is a high chance of ALL of them happening.

At this point you are in the top 5% of the world. That is my estimate as to how many people even know about bitcoin, nevemind owning some.
When bad things happen to our traditional currencies, there will be a stampede to find other assets. Bitcoin is one such asset.

I think as well that the real potential of bitcoin lies in the big number of people who have no idea about it or do not use it yet.
And it does not even matter how much one of those is willing to invest.
It would only take a few percent of the world population who use bitcoin from time to time to reach a price level we could never even dream about.