Quote from: gentlemand on December 12, 2017, 11:50:36 PM

Quote from: criptix on December 12, 2017, 11:47:26 PM

Quote from: milkshock100 on December 12, 2017, 11:38:31 PM

Eth the pumpers choice tonight ...

yeah this is the reason for the pump:

ethereum's newest and biggest ICO:

Give it a couple more years and he'll be able to place his brain in a jar and hand his body over to a Nike fitness brain who'll return it in peak condition a couple of months later.

He can still do conferences from his jar like Charlie Shrem already has.

-charlie's cookie jar-

i love futurama too Cheesy

Quote from: rolling on December 12, 2017, 11:57:24 PM

Quote from: criptix on December 12, 2017, 11:34:49 PM

I dont think you understand how much fiat money has to be put into btc for a 1 million valuation.

I think people overestimate how much fiat it will take to go up another 60x. Here is a thought experiment:

What if the decimal place was moved in bitcoin to give a 1:1000 split? If collectively everyone used the term bitcoin for the unit of value we currently call a millibit or mBTC making the total eventual supply 21 billion instead of 21 million, the price currently would be ~$16.70.

How hard would it be to pump it over $20? Would it be that hard to get to $100 again for an equivalent $100,000 value or $1000 for an equivalent $1,000,000 value?

2 years might be a little soon but who knows?

I somehwhat agree but only from the psychological perspective.

From the economic angle we have mainly two things:

1. Technological and political fundamentals
2. Supply and Demand

and these things have no connection to the number of decimals.