/biz/ - Business & Finance

>>333555
>What if zerocoin comes up with superior technology

So far there have been zero signs of this, and the delays in their release have been due to problems with their original idea not working at all.

>implying dealers will trust some internet shit instead of good ol cash

Of course I'm implying that.
http://www.techdirt.com/articles/20140501/18550127094/silk-road-20-now-larger-than-silk-road-ever-was.shtml

Now, do you actually have anything of value to add, or just more completely baseless doubts and assumptions from Unicornland?

>>328014
>>Hurr durr your retarded!
>>Ur such a dumbass Bitcoin is going to be worth $10k a coin!
>>FUcking IDIOTS Lel Bitcoin is the Next Reserve Currency! Your a stupid fuck


Actually, bitcoiners are the ones providing real information and logical arguments. OP, you're the main person here throwing bullshit around.

Example:
YOU
>>326576
>I wonder how all the dumbass VC feel that Bitcoin is letting them down so hard. All the startups that revolve around Buttcoins are crashing and burning.

ME:>>327154
>Too bad you can't list a single failure of any bitcoin business with VC backing.

YOUR COWORKER:
>>327160
>MtGox? Shit son you make this too easy.

ME AGAIN:
>>327288
>>MtGox?
>>NO VENTURE CAPITAL
>Shit son, you make this way too easy.

Nocoiners are reaching whole new dimensions of #REKT. Please, do continue.

>>290584
>50,000 btc for a pizza
>I don't know anything about BTC so I hate it

It was 10k BTC, nocoins.

>>275068
>sending $2,500,000 to an exchange based in a 3rd world country without legal protection

You give a bad name to bitcoiners. Either lower your float or wait until an exchange passes SEC clearance.

>>246648
Resistance at $500, double bottom already, you'll be crying in 6 months.

Can we have a serious thread on BTC future price?

So check this out:

https://www.youtube.com/watch?v=w3X03KyUYuo
https://www.youtube.com/watch?v=Pz_j2su9Ehc
https://www.youtube.com/watch?v=vdPWnYnpEOw

All these people have reputations. They are risking their whole reputation by making these claims. How can they claim 1 BTC = 1 million (or more)? How does that even compute?
If that was the case, so many random NEET's that mined Bitcoin back in the day to buy some weed in silk road and forgot about their wallets would become millonaires. Fuck, even I with my 1.5 BTC could become a millonaire, and nothing nice ever happens to me. So what the fuck are we talking about here specifically?

Say we reach that crazy ass 1 BTC = 1 million USD scenareo. What does it really mean? What would be the purchasing power of 1 BTC on that scenareo? Thats the question. Will I finally be able to buy a Ferrari and a mansion with it, or could you buy a Burger King meal with it because 1 USD dollar would be 1/1000000 of what it is today?

Discuss