Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Spaceman_Spiff_Original
on 14/07/2021, 09:28:00 UTC
⭐ Merited by El duderino_ (10)
Quote from: ImThour on Today at 09:06:54 AM
Quote from: Spaceman_Spiff_Original on Today at 09:02:01 AM
Quote from: ImThour on Today at 08:06:33 AM
Just don't forget these words by Hal and you all will be good.

"With 20 million coins, that gives each coin a value of about $10 million."
Hal was a smart guy, but he arrived at that number through faulty economic reasoning.
Then I would rather believe his faulty economic reasoning. Cheesy
You prefer snorting hopium over truth?  To each his own I guess  Wink .

Of course it seems inevitable that if bitcoin remains relevant (which most of us here strongly believe), and the us dollar is still a thing, that purely due to inflation it will reach a 10 million usd/btc price.  It just won't be dollars with the purchasing price of those in 2009 when Hal made the prediction.