Post
Topic
Board Speculation
Re: Fear will replace greed (Single digit Bitcoins in 2014).
by
windjc
on 21/12/2013, 23:47:45 UTC
The amount of people interested in Bitcoin combined with the supply will not allow BTC to drop to single digits ever again.  Or double digits IMO.  I would buy so many if it did, just like everyone else would.

The law of supply and demand can't be beaten.

Most of people don't want to buy btc to play poker or satoshidice, they just want make profits. And if they can't make big profits anymore, they'll leave as the tulip system did 350 years ago...

Bitcoin Euphoria just reminds me of Second Life Hype. But Second Life is not dead, there are always people on there. Bitcoin won't die too. It follows the same way.

Your perspective is small and based on silliness. You do not comprehend the destruptive technology that bitcoin offers. To compare it to a virtual avatar world like Second Live shows how small your perspective is. You will be yet another person wondering how it all came to be.
I think you didn't know Second Life...





When it debuted in 2003, Second Life was an irresistible subject for Geeks and technophile reporters. It was the subject of endless, high-profile reports. Numerous companies attempted to capitalize on the attention by launching an official presence in SL.  Early adopters made millions too. The Linden Dollar, could soon influence whole industries and governments. Media coverage touted Second Life as the future of the Internet.

Yes, there are many similarities with bitcoin.


No, Second Life didn't solve major financial problems. Bitcoin does. If you don't know that, which its obvious you don't, then you will have to figure it out years down the road. I am not going to spend my time educating you.


EDIT: But if you are interesting in education yourself you can watch this: https://www.youtube.com/watch?v=DPiFMuPh1uA&feature=share