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/biz/ - Business & Finance

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3258496 No.3258496 [Reply] [Original]

So with the last bitcoin being mined in approx 100+ years and more and more people becoming aware of bitcoin, is it safe to assume that in the long run bitcoin will always be going up?

>> No.3258508

yes

>> No.3258516

i've been making that bet since january this year and been doing well so far

>> No.3258522

eventually some bitcoin tycoon will cash out

>> No.3258524

>is it safe
>always be going up
AHAHAHAHAHAHAHA

>> No.3258532
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3258532

>>3258496
MODS
DELET THIS

>> No.3258533

>>3258496

It's pretty likely you'll be able to break all current encryption with a calculator in 100 years. Mean uptrend for the next 10 though at least.

>> No.3258537

>>3258496
exponential growth -> no scaling -> exponential fees

>> No.3258540

>>3258522
By that time he can buy everything he wants without cashing out to fiat.

>> No.3258555

>>3258540
>implying bitcoin will ever be an actual currency