I can translate to Scandinavian for you, sent you a PM

User: Fievel
Postion to Apply: Jr. Member
Posts Start: 36
Address: 1H6k5F9xkDLmFJpNb61bRYzTjA7BB69xWg

User: Fievel
Postion to Apply: Jr. Member
Posts Start: 35
Address: 1H6k5F9xkDLmFJpNb61bRYzTjA7BB69xWg

Imagine yourself asking a similar question in the year 1917; "will people still use typewriters 100 years from now?" No one living at the time could possibly imagine how the world would look today - advanced computers, robotics, smartphones. A 100 years from now, things could look very different, and the internet as we know it might have become a relic of the past or evolved into something completely unrecognizable.

LamiPassit knows what's up. Vsauce is really good, especially for those who need some inspiration after tiresome old lectures and monotone teachers. Michael presents the subjects like noone else can.

I think France will take it home this time around, as a revenge for the Euro final defeat last year. They're going to need Pogba in great shape to pull it off though.

Of course it won't keep rising exponentially forever. But what I don't get, is how many of you deem $250.000 to be impossible. That would only equal a market cap of roughly $4.6 trillion; gold sits at $8.2 trillion, all stock markets $66.8 trillion.

If someone told you it was going to be worth $6000 when it was at $0.05, wouldn't that have sounded equally "impossible"? $250.000 by 2020 is very possible once mass adoption happens and the big guys (wall street, major banks, etc) enter the market.

It looks like it's capable of going beyond $6k before the fork on October 25th, maybe even to $7k levels. These are exciting times for sure.

Exactly. Our galaxy alone contains 10 billion terrestial planets. Gas giants like Jupiter are not included here as they wouldn't be able to sustain life like we know it.
I repeat; 10 billion planets that have the potential to harbor life. And guess what, there are 2 trillion galaxies in the observable universe. That's 20 billion trillion, or 20.000.000.000.000.000.000.000 terrestial planets. That's only in the observable universe! The notion that Earth is the only place where life exists in the universe, is simply ignorant, self-centric, and unfathomably improbable.

Japan. The culture, cuisine, people are generally polite to tourists, one of the lowest homicide rates in the world, the best videogames (IMO) are made by Japanese developers, and of course, Bitcoin is widely supported there.

If it's 1 person we're talking about, and that person was in possession of something like 500.000 - 1.000.000 Bitcoins from what I've gathered, one would wonder why he/she hasn't cashed out any of it yet. I mean, it's a stupendous amount of money. The coins might be lost forever, the creator might have the integrity to leave them untouched, or the person is no longer with us.

The creator was obviously intelligent, and maybe he/she knew from the beginning that any commodity can artificially create additional value as long as there's a certain mystique associated with it. It's basically a myth now, and an interesting one that gathers the attention that Bitcoin might need to pull off what it was meant to do.

Real Madrid and Manchester United It would be incredible if Real were to win it for the 3rd consecutive time. I don't think any other team will be able to copy that feat in our lifetime. Watch out for PSG though, both the team (and the owners) want the trophy real bad.

Da er vi enige jeg misforsto hva KYC innebar, tenkte det gjaldt at det kreves færre personopplysninger når man kjøper hos Bitmynt. Ser nå at du mente prosessen med verifisering.

I believe the value will explode in a couple of years. What do you think all the potential investors with real serious cash are going to do, once Bitcoin reaches $10.000? Sooner or later, we'll see an influx of the big guys, wall street gets onboard, banks, state money, etc. We're still experiencing the startup period, the increase in value we're witnessing now is just a glimpse of what's to come.

I'm sure many of you have already seen this, but McAfee's London keynote is a must-see if you're interested in Bitcoin wallet security:

https://www.youtube.com/watch?v=syI9X_uKvUA

I just showed that short term fluctuations like that don't matter if you're holding long term (for at least a couple of years, like you said). Even if the price recovered in a short period of time, it demonstrates how it always reaches new hights, even after significant dips.

Well, I invested in Bitcoin when the price was $4600, then it started to drop the day after. It didn't stop until it hit $2900. If I was a short-term trader, that would've been an unfortunate time to invest. Look at the price now though, a month later. If you're in it for the long haul, there's no wrong time to get in. If you do it now you'd still be an early adopter, remember that like every speculative asset, Bitcoin can only rise so far. $100.000, $1.000.000, who knows when it'll stabilize (if it survives). Just don't wait for years, otherwise you'll forever have missed out on the (potentially) biggest payoff.

It's not realistic at all, but it could (in theory) happen if Phil_S' graph was to be continued. Yeah it's based on BTC price = 2300*1.26^x, where x = number of months from the start of the graph.

Interesting. Sure hope your equation holds up, because then we'll see Bitcoin pass $1.000.000 in less than 2 years (23 months). Fingers crossed

What impresses me is that conventional stock trading analysis and predictions don't apply to Bitcoin. The fact that it's so fundamentally different from other assets reaffirms my belief that it's not just a major bubble.