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Speculation
Re: $500,000 per Bitcoin, baby. The math behind it.
by
runam0k
on
01/08/2014, 13:03:45 UTC
Quote from: BurtW on August 01, 2014, 12:56:52 PM
So, in order to keep our power consumption under about 2% of world wide power production, we cannot/do not want the price to get to $500,000 before era 6, which is about 2033 or so.
$500k in 2033? I'll take that. I can be patient.