Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Searing
on 17/02/2014, 05:47:28 UTC
The 'its all or nothing' crowd needs to learn that there's different types of "all": You can have it "all" in 2 years or look like you've got shit for the next 10 years at which point it finally takes off. At this point, the people with the coins won't be willing to let them go for too cheap. Its been integrated in too many places, used for too many things, valued too high. This means that people will have to pay for it if they want it, even in a bad scenario. And this means Bitcoin has value, and this means that Bitcoin can be used as a currency, and as long as its used, people will see how much better it is than normal currency, causing it to be used more, until its price goes up again. The only conceivable scenario in which BTC won't succeed is if somebody like Google creates their own copy and it overtakes BTC.

yeah i've had that thought...if i ran google ...i'd say that i google was creating a sha-256 coin completely open like bitcoin to all on such and such a date no premine and the only thing different about it is google and maybe some other large "evil?* enities are behind it...

so you have a time/date diff at 0 ......off to the races

where would you point your knc jupiter 555gh that no longer ROI's at that point hmmm?

the catch is ..they'd have to probably even more tranparent and open source the bitcoin to prove bona fides

won't happen corp culture can't give up power ...would keep some hooks and that would be seen and doom the coin

but just saying......would sure be interesting

and i agree with you....you got to look at this long term 5+ years....but lots of folk would really really like to kill bitcoin if the press is any indication

(silly masses of people thinking they have some kind of control...i mean really)

Searing