Quote from: darklight on April 02, 2014, 05:07:18 PM

Quote from: lynn_402 on April 02, 2014, 04:24:14 PM

Quote from: darklight on April 02, 2014, 04:17:54 PM

Totally agree. "Well it always rallied before to a new ATH, so it will again and we will see 1000% gains every year". Its obvious to anyone who does the maths that it can't keep having those gains every year forever

Bitcoin has a lower market cap than Western Union. I don't get why people fail to see the potential there. 1000% gain seem very likely.

I'm not saying there isn't potential, I'm saying that it can't increase that much every year until the end of time

The market cap is an interesting argument, but in my opinion the issue is how bitcoin will be used. I am no expert, but if it is handled the same way bitpay provides a solution to merchants where they convert directly to fiat, then I am guessing you don't need as much market cap to service the same amount of transactions.