Post
Topic
Board Speculation
Re: Tuur Demeester - Bicoin as an Investment
by
Luckybit
on 30/05/2013, 22:53:16 UTC
I love the graphs around 29:38 in the presentation.  Who does not want to see BTC rise to 500,000! 

Question, you mention the "Shadow Economy" using BTC could cause the price to $160,000.  Do you think the problems with Liberty Reserve could indeed spur this on sooner, rather than later?  Personally, I am not sure I am too excited about making profit from questionable underground activity, but I am curious nonetheless.







I think a rise to $500,000 is unrealistic. $50,000 is probably the max we will see before something else comes along to replace Bitcoin. It takes a long time for market cap to rise that much.