Post
Topic
Board Beginners & Help
Re: will the bitcoin reach $1000 one day...?
by
OleOle
on 28/11/2013, 15:52:19 UTC

Yes it can because there are MUCH more than 21 million ounces of gold, and new x ounces of gold mined everyday  Smiley


One day, that 21 million ceiling is going to be forcibly broken, better not get too used to it.

Enjoy it while it lasts, but don't bet the farm on it.

 Smiley




All of the changes Bitcoin could make, changing 21 million Bitcoin cap is most unlikely. Hardly anyone would support it in hard fork

I said forcibly broken, I was not referring to anyone supporting it. Government control, corrupted bitcoin foundation, corporatisation of the network. The utopian dreams of satoshi hippies will not go on forever, it's my view that the ceiling will be removed far sooner than anyone anticipates.

Just a hunch, nothing more Wink