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25529871 No.25529871 [Reply] [Original]

>$1M within a decade
>$100 within a decade
Which is more likely?

>> No.25529920

100 in a decade. And then 100m the next decade

>> No.25529971

>>25529920
$100?
hahahahahhahahahahahahahahhaha

>> No.25529972

>>25529871
That’s exactly true OP. The first decade already passed and it went to 100 clearly. Currently in the second decade, 100 million here we come.

>> No.25530125

>>25529972
it was never exactly $100

>> No.25531004

>>25529972
>That’s exactly true OP.
Huh

>> No.25531025

>>25529871
$100M within the decade

>> No.25531547

>>25529871
1 BTC will equal 1 trillion

>> No.25531596

>>25529871
10,000 but 100 is more likely

>> No.25531609

>>25529971
Reading comprehension. Get some

>> No.25531626

>>25529871
if btc were the marketcap of gold each btc would be roughly 500k per.

>> No.25531659

>>25529871
$1m within a decade due to Hyperinflation

>> No.25531663

>>25529920
going to $100 is a failure of BTC. If that happens, it will be replaced.

>> No.25531796

>>25529871
$100. BTC is the MySpace of coins. It's only popular because it was first. Technology wise It's not the best, just the most popular and heard of. If something is adopted It's going to be something better.

>> No.25531901

>>25531796
So Etherium then

>> No.25532101

>>25531796
Technology wise Bitcoin is the best and most efficient, and still the most decentralized

>> No.25532279

>>25531901
Nobody wants to pay 1k in gas fees for a single transaction. ETH is the literal definition of "shitcoin"

>> No.25532306

>>25529871
$1M by 2030

>> No.25532400

>>25529871
$1M in a decade, because the dollar will be worthless

>> No.25532452
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25532452

>>25531796
MySpace wasn't a technical innovation. It was thr same technology and software everyone already had but applied to socializing.
Bitcoin is always historically valuable like the T-Model Ford for cracking the double spending problem and establishing the first working decentralizing payment network that can run on zero trust.

>> No.25532476

>>25532101
also the only one with an immaculate conception, which makes it more like an organic asset, like gold for example.

>> No.25532514

>>25532400
>$1M in a decade, because the dollar will be worthless
try 5 years

>> No.25532538

>>25530125
So you're saying there's a gap. Bearish.

>> No.25532633

>>25529871
Go back.

>>25529920
Homoerotic COPING.

>> No.25533288

>>25530125
>Never

>> No.25533341

>>25532101
No, it isn’t. The tech is old as shit & has been overlapped by plenty of other alts. Its transactions are slow as shit too it takes forever to send & receive BTC.

>> No.25533995

>>25533341
all these retards are just nucoiner faggots who don't know shit
the real pro for btc is the network effect. it's fucking 11 years old now, no major hacks have occurred, and it has a critical mass of people using it compared to most times in the past. it has a severely big moat that will protect it from full devaluation, but of course a black swan could always happen (i.e. btc core code is hacked somehow)

>> No.25534010 [DELETED] 

Those who are saying Bitcoin will die or be replaced cannot see what the billionaires see. The most valuable thing about Bitcoin is that the protocol has kept its scarcity fixed at 21 million no matter what.

There are zero forks, governance votes, rollbacks, or modifications of core code in Bitcoin's history that has changed this rule. It survived the garbage thrown at it from every angle and refused to budge on 21 million fixed supply with zero monetary protocol changes for 11 years.

The 21 million fixed scarcity protocol is beyond any one man, organization, or government to change. Bitcoin is literally the most perfect hard money ever invented by man for over 2,000 years. You could quite literally rebuild human civilization from the ground up just solely on Bitcoin's absolutely fixed monetary principles.

And people still don't see it, they are trying to invest in the next Bitcoin with a different circulating supply that is not on the core protocol. They still don't get it. The problem that Bitcoin solved is transferring money across time and space with zero thermodynamic loss. That problem is literally worth 250 trillion USD right now and it is centralizing on Bitcoin as the solution.

>> No.25534079

>>25533341
Look up Michael Saylor. I was just as dumb as you, I listened to Schiff and thought I knew it all. God I thought it was so simple. It's not. DYOR or get absolutely financially destroyed.

Also Raoul Pal, Preston Pysh and Jeff Booth. Not here to argue. But if you're confused take a listen. Good luck.

>> No.25534085

>>25534010
>The most valuable thing about Bitcoin is that the protocol has kept its scarcity fixed at 21 million no matter what.
this too, but more related to the deflationary aspect than the raw supply. the supply is really just a factor that determines the price. if there had been double the supply when satoshi scratched his nuts and picked 21 million then the gains still would've been the same, btc would've probably just tracked near half it's value (of course assuming everything else in history was exactly the same except the supply was doubled)

though i agree having tens of millions of coins was probably a smarter idea than having a couple million coins for divisibility

>> No.25534093

>>25529871
Both

>> No.25534117

>>25534085
>>25534010
haha based anon deleting your comment, i see you. based. these nerds don't need any of this information, let them flop around

>> No.25534123

>>25532452
Friendster was the shit before myspace

>> No.25534124

Those who are saying Bitcoin will die or be replaced cannot see what the billionaires see. The most valuable principle about Bitcoin is that the protocol has kept its circulating supply scarcity fixed at 21 million.

There are zero forks, governance votes, rollbacks, or modifications of core code in Bitcoin's history that has changed this rule. It survived attacks at it from every angle and refused to budge on 21 million fixed supply without any monetary protocol changes for 11 years.

The 21 million fixed scarcity protocol is beyond any one man, organization, or government to change. Bitcoin is the most perfect hard money ever invented by man. You could rebuild human civilization from the ground up just solely on Bitcoin's unchangeable monetary principles.

And people still don't see it. They are trying to invest in the next Bitcoin with a different circulating supply that is not on the core protocol. They don't get it. The problem that Bitcoin solved is transferring money across time and space with zero thermodynamic loss. The solution to this problem is worth 250 trillion US dollars today. And billionaires are selecting Bitcoin as the solution for that problem.

>> No.25534212

>>25529871
i'm selling for the first time ever at 2k and rebuying at 100. i read an article about some guy with a buy order at .01 for the whole supply

>> No.25534214

>>25534117
I made a typo in the original post and thought "well damn." Reposted it with it fixed.

>> No.25534265

>>25529871
Gold should have a MKTcap of $20 Trill and BtC should at least have a MKTcap to match. 1 Mill could happen within the next 3-5 years at the rate the world is going

>> No.25534280

>>25534124
yeah you're gmi anon

>> No.25534334

>>25534124
world economy can't run on BTC. muh transactions per second.

also the energy cost would be enormous.

>> No.25534343

>>25534124
Wrong. There have already been more than 21 million BTC once, and they did a hardfork rollback to fix it, ruining the concept of blockchain immutability several years before the DAO incident.
https://en.bitcoin.it/wiki/Value_overflow_incident

>> No.25534369

>>25534124
What does thermodynamics have to do with currency you weirdo

>> No.25534434

>>25534334
the world economy isn't supposed to run on BtC. It's going to either run on EtH if they can deliver over the next 2-3 years, or another chain that can implement defi contracts

>> No.25534528

>>25534343
>https://en.bitcoin.it/wiki/Value_overflow_incident
yeah, and btc is still 32k rn
this shit literally happened like a year after btc was made, you realize how hard it is to code with no bugs right? even fucking nasa has bugs and they have like the tightest requirements for code submission

> This was possible because the code used for checking transactions before including them in a block didn't account for the case of outputs so large that they overflowed when summed.
like no shit, this literally could've been a one or two character bug

>> No.25535249

>>25534334
Muh "blockchain technology", blockchains are inherently fucking dogshit at scaling. The only way to increase the scaling directly is to centralize it in some way, either through block increase or sharding and other techniques. At the end of the day you still made a tradeoff.

Bitcoiners refuse to make this tradeoff on the core underlying asset, instead the tradeoff will be made with centralized banking layers, federated sidechains, lightning, coinpools, and anything else that can be dreamt up. But the core underlying unit will not have tradeoffs, you will choose your own degree of centralizing tradeoffs depending on which layer 2 network you use and they will all be interconnected through periodic settlement on the base. Vast majority of the world will let cash app, paypal, etc provide the instant transactions for low value, and store their life savings in on chain vaults with seamless UX experience

The real problem that was solved here is that we have a true bearer instrument controlled by no single entity with no tradeoffs, that is maximally decentralized that anyone can scale on top of permissionlessly by introducing their own set of tradeoffs to scale it in unique ways

>> No.25535319

>>25534343
Bitcoin protocol is code that executes a social consensus. If a bug breaks the social rules, you don't abandon the social rules, you abandon the code. This action had universal consensus, which is exactly how hard forks should occur.
This was an extremely bullish event and good practice. There will be more things like this in the future for all chains

>> No.25535389

>>25533341
And fiat has had 0 advancements made since it was founded. Your point?

>> No.25535413

>>25529871
You will never, ever, see bitcoin $100 again in your entire life

>> No.25536007

>>25529871
The miners won’t accept selling at $100. So 100k more likely.

>> No.25536029

Or 1 million. Idk, but it will be huge, I know that.

>> No.25536653

>>25534079
Didnt Michael Saylor do some scamy shit and get sued? I was interested in MicroStrat, was trying to figure out how to work for them. Did not see it coming he would dump so much of their reserves into btc.

>> No.25536942

>>25533288
Show me the filled order at exactly $100. Not $99.99. Not $100.01.

>>25532538
Yeah. It has to fill the 2 penny gap at $100 before it can break $40k

>> No.25537018

>>25533341
Do you even realize how many altcoins wouldn't even exist without libsecp256k? Ultra fast, highly optimized C library for cryptographic signatures, open sourced by the Bitcoin developers. Its literally the gold standard for crypto programming libraries and getting further optimized with latest efficiency research constantly.
This just scratches the surface, Bitcoin has creme of the crop when it comes to devs