Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by AlcoHoDL (1)
Looking back at any period the easiest way to get rich was to just go and buy Bitcoin. This still holds true...
You must be new here...
Back in the day you could make 10000BTC by selling a pizza. Why watch ads for hours...
In 20 years the current 20k will easily be >1M.
So explain to me why it's not true
Don't you know Wihelm that eXPHorizon doesn't know nuttin?
If eXPHorizon had just invested $10 per week over the past 8 years (after he supposedly lost his MTGOX coins) then he would have right around 4 BTC right now.. Sure he would not necessarily be rich, but he would have more than the 3 BTC that he had been begging to receive for free from those of us who have been reasonably and prudently investing into bitcoin for a decent amount of time.
If the worlds wealth is 450 trillion btc is 1 out of 2000 of that wealth
ask yourself what is the realistic % of the worlds wealth it can have.
ask yourself what is the realistic % of the worlds wealth it can have.
The total addressable market for bitcoin is at least $1 quadrillion (in today's value storage).. so you are a little low (about 1/2) philip... other than that, I agree with the other aspects of your numbers.
How long it could take bitcoin to get there is another story.. maybe 150 years or more.
I sure hope so. Probably the quickest would be within one week but it could take up to a year, but the more likely scenario should be less than 6 months.. maybe even less than 3 months - even though there is so many factors that could cause it to take longer.
We might need a poll to address that question.