Quote from: raveldoni on December 04, 2014, 10:49:08 AM

Quote from: clackersmaracas on December 03, 2014, 05:32:04 PM

Not sure mining chip increases will be possible, I think the only way is for mainstream adoption and transfer of existing fiat money to Bitcoin.

It's worth remembering that the Winklevoss Twins mentioned the potential Bitcoin to be worth $40,000 each, this would mean that;

- 2 terrahash mining
- currently mining $10 a day at $380 Bitcoins
- current mining value is $1000 per day if each Bitcoin ends up being worth $40,000 each.

Some people are saying Bitcoin, if it absorbs alot of global currency may become worth in excess of $500,000.

It's certainly interesting to see what happens, but nothing explains why all of a sudden 70 Petahash of mining has suddently just dropped off the radar..

http://www.coinwarz.com/cryptocurrency/coins/bitcoin

Im still concerned there is a new coin launched using the SHA256 protocol that only a handful of people know about.

The twins said this or the twins said that. What does it mean anyway? They can throw out any number they want like Max Kaiser does stuff like 1 million per BTC, yeah it might happen but you won't be here to see it, perhaps your grandchildren will. Then again a coke and burger will probably cost you $15,000 in 2075.

Exactly. They may wish whatever value, but that doesnt reflect the reality. We already know about their poor judgement from their Facebook involvement.