Quote from: netrin on July 11, 2011, 11:49:00 PM

Quote from: S3052 on July 11, 2011, 10:33:44 PM

In the next 2-5 years BTC will likely be higher than AAPL in $terms.

Even if BTCUSD remains at 14$...!

Because the upcoming major stock market crash will bring back AAPL to the teens (and I love the Apple brand, have nothing against them, but consumers will not have the $'s left in their purse or credit to affort those high margin Apple products).

Certainly your guess as to how AAPL will respond to lower consumer purchasing power is as good as any. But both Greenspan and Bernanke hold the stock market darling with no regard for base M0 monetary inflationary policy. The lesson Keynesians learned from '29-39 was that contraction of the money supply was both cause and effect of the stock market collapse. The Fed is now buying assets with printed money to prevent both. No, the stock market won't deflate, the Fed will just claim commodity supplies are decreasing, naturally increasing prices on tangible necessities.

I am happy to bet with you that the DJI will fall below 4000 by 2015, to underline that I am serious with my forecast.