Originally posted by Bouncer
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Bitcoin to 500k by 2030
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As an amusing thought experiment, imagine that Bitcoin is successful and
becomes the dominant payment system in use throughout the world. Then the
total value of the currency should be equal to the total value of all
the wealth in the world. Current estimates of total worldwide household
wealth that I have found range from $100 trillion to $300 trillion. With
20 million coins, that gives each coin a value of about $10 million
https://www.mail-archive.com/cryptog.../msg10152.html
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China Bitcoin Exchange to Stop Trading Virtual Currencies Amid Crackdown
https://mobile.nytimes.com/2017/09/1...gtype=Homepage
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Originally posted by Bouncer View PostChina Bitcoin Exchange to Stop Trading Virtual Currencies Amid Crackdown
https://mobile.nytimes.com/2017/09/1...gtype=Homepage
Banks are scared of bitcoin that's why. It still won't kill it Japan has over taken China in bitcoin trading and now over 250k stores in Japan accept bitcoin payments.
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I was gonna ask where redback went but he must of taken his bitcoin in his pouch and ran off lol.
https://cointelegraph.com/news/austr...esses-no-taxes
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Originally posted by TrapsBrah View PostBanks are scared of bitcoin that's why. It still won't kill it Japan has over taken China in bitcoin trading and now over 250k stores in Japan accept bitcoin payments.
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Originally posted by Bouncer View Postyou don't seem to understand a very fundamental fact about EVERY government. they will not allow a currency they cannot control to thrive. it will be weighed down with restrictions and blocks until it is no different from standard currency.
Bitcoin Block Reward Halving Countdown
Everytime bitcoin halved the price doubled rather quickly.
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Originally posted by TrapsBrah View PostBitcoin will be used bouncer - I am all in and this thread will be revived in 5 years and the ones who didn't buy any bitcoin will regret it.
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I bought some Bitcoin back in 2010 some guys in my circle were raving about it so I went for it as it was less than a dollar. I was always skeptical. When it shot up to $1000 back in 2013 I sold it all. I had about 20-25 coins at the time. I remain skeptical about it but I do know some very smart and wealthy guys who are into it heavily and believe it in. I'm still a bit skeptical, but not nearly as skeptical as I one was. I also shouldn't have sold mine back in 2013.
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Bitcoin has lost 25 percent of its value in 14 days
https://arstechnica.com/tech-policy/...are-cratering/
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