Quote from: brg444 on November 11, 2014, 10:35:35 PM

Quote from: cypherdoc on November 11, 2014, 10:29:11 PM

Quote from: brg444 on November 11, 2014, 08:43:01 PM

Quote from: cypherdoc on November 11, 2014, 08:25:57 PM

Moon? i lol'ed:

"So I said OK well let's assume it's something like goldThere's a finite amount of it," Pal said in an interview with Grant Williams on Real Vision Television. "There's a finite amount that's been mined. The rest is underground. We kind of know how long it's going to take before all the gold is mined or before all the bitcoins. Put them in the same kind of equation we get a value of bitcoin and that value is a million dollars. Now, you'll never hear an analyst say thisbut I don't mind thisI could be wrong by 90%, and it's still worth $100,000."

http://uk.businessinsider.com/raoul-pal-on-bitcoin-2014-11?r=US

I suggest you watch the video at the end of the article if you haven't already. Much more interesting than the article.

Only at the end does he drifts into nonsense suggesting gold will be improved to allow for currency use. It seems he hasn't accepted yet that Bitcoin is effectively gold's replacement but he definitely understand its value proposition

he even uses the words "gold collapses"! is he here? Wink

ask him for a shoutout on twitter, he'll probably get you even more views than me Cheesy