Bitcoin's 10 trillion dollar valuation is fast approaching

Newton is no genius, but a dumbbell… :laughing:

Really? No 20k bitcoin? No $1M bitcoin 1 year from now??? :rofl:

In a democracy, if majority says so, he is.
He is a genius in Physics only, nobody say he is a financial genius.
According to WB, monkey or any dumbbell is the ultimate financial genius.

And Math. He invented calculus.

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His greatest is calculus, as sheriff pointed, which is root for major technological change.

$200k Bitcoin investment in 2010 would be worth $400M now. You might be able to do the same with a pre-IPO investment in google

I think there is no point to discuss the fundamentals. Bubble can make Bitcoin a more credible currency. It’s the digital gold and the gold price do fluctuate a lot. I guess gold price did have an astromical rise when Europeans bought gold from native Indians.

Botcoin could replace the gold and make the Keynesian economics die. What will be the alternative economy when none of the governments can issue new currencies at will? We may go back to the old days of gold standard, but it’s going to be called Bitcoin standard economy

Nah. It’s going much higher. Some people say futures trading will allow people to short it and thus may tamper the bubble. But who dares to short bitcoin?

Cryptocurrency could replace gold.
Gold is obsolete.
Bitcoin is the first but not necessary the THE.

When it breaks down. Plenty will.

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Did somebody mention my name? :laughing: I will not invest $1k in it even though I believe Digital currency is here to stay. That’s because I don’t have a good sense of the dollar amount of value they bring. It is very difficult to estimate whether the current value is too high or way too low. Plus I already filled up my high risk bucket.

Cryptocurrency ownership is really low now. When ownership reaches 50%, it would be time to sell. Before that, just buy.

Also, to think that cryptocurrency is the “next big thing” is just lame… Why don’t they invent a drug to cure old age… I would definitely invest into something like that… :rofl:

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After your old age is cured you will realize the beauty of bitcoin. :smile:

I did not have much resistance to Bitcoin. But I did not take it seriously in 2012. My mistake, should have spent time to find out how to buy 10k

Ok if my old age can get cured I’ll definitely buy some bitcoin… :rofl:

Don’t worry, plenty of room for bitcoin or ether to run to $1M per coin… sell your house and use the proceeds to buy all that you can… :rofl:

Why create a critical path? Ain’t those two processes independent?

No they are not independent… they are one and the same… because neither will ever happen… :rofl:

Don’t sell your house to buy coin. Buy bitcoin with your spare cash only. Play responsibly! At your own risk!!

You don’t gamble big, you will only make peanuts… :wink:

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