Who knows but if you think it’s in that direction it’s probably better just to buy BTC now and not be crying if it’s 9,999 on New Years
Comment
LT Profits
SBR Aristocracy
10-27-06
90963
#4
Originally posted by SharpAngles
Who knows but if you think it’s in that direction it’s probably better just to buy BTC now and not be crying if it’s 9,999 on New Years
But if it does got to 10K, +200 is better payout than going from 7K to 10K.
Comment
SharpAngles
SBR Hall of Famer
04-15-14
9467
#5
Originally posted by LT Profits
But if it does got to 10K, +200 is better payout than going from 7K to 10K.
LT that’s where IF comes in. Rather be up roughly 3k a coin if it doesn’t hit 10k before January. What are the limits on this anyways? Let’s just do both
Comment
TheMoneyShot
BARRELED IN @ SBR!
02-14-07
28690
#6
I doubted this coin for numerous months... too many people getting involved now.... everyone talking about it.... this thing might be a runaway train. sky's the limit
Comment
ace7550
SBR MVP
05-08-15
3729
#7
I do think it'll reach 10k but not before the year is out.
Comment
JAKEPEAVY21
BARRELED IN @ SBR!
03-11-11
29578
#8
yes
Comment
big joe 1212
SBR Posting Legend
06-01-08
19380
#9
Comment
Roscoe_Word
SBR MVP
02-28-12
4005
#10
I got an email saying (I think) the FORK is on (partially)?
Is anyone moving BTC today without impediments?
BTW, 10k would be huge!
Comment
Optional
Administrator
06-10-10
62937
#11
Forum leaning toward the dog
Yes +200 57.89%
No -260 42.11%
.
Comment
moojoo
SBR Wise Guy
09-02-16
938
#12
Gonna be under 3k soon...
Comment
Goatman
SBR High Roller
06-27-17
166
#13
I voted yes but I also think it will crash shortly thereafter. Bitcoin is no longer viable as a medium of exchange and there are countless other cryptos that serve that purpose much better than Bitcoin (Dash is my favorite). Some think that Bitcoin will become a "store of value" like gold, but I don't see how that's possible. If Bitcoin is no longer useful as a currency, what real value does it actually have? None.
Comment
Optional
Administrator
06-10-10
62937
#14
Originally posted by Goatman
I voted yes but I also think it will crash shortly thereafter. Bitcoin is no longer viable as a medium of exchange and there are countless other cryptos that serve that purpose much better than Bitcoin (Dash is my favorite). Some think that Bitcoin will become a "store of value" like gold, but I don't see how that's possible. If Bitcoin is no longer useful as a currency, what real value does it actually have? None.
It appears Bitcoin Core see it as an investment vehicle mainly.
If that doesnt change and they dont put more effort into usability I agre that it could be vulnerable.
.
Comment
lonnie55
SBR MVP
04-08-16
2689
#15
Originally posted by moojoo
Gonna be under 3k soon...
Gonna be near zero one day, the only question that matters is when to sell it
Comment
bitcoinLuke
SBR Sharp
05-12-17
390
#16
Originally posted by moojoo
Gonna be under 3k soon...
No. Not a chance
Comment
Mr. Peepers
SBR MVP
09-22-09
1425
#17
Imo need it to be an accepted form of payment for sites like Amazon or Wal-Mart to take it to the next level
Comment
Optional
Administrator
06-10-10
62937
#18
Originally posted by Mr. Peepers
Imo need it to be an accepted form of payment for sites like Amazon or Wal-Mart to take it to the next level
I think that will help with ordinary man acceptance. For the late adopter types.
But in reality if a consumer can have a card that is compatible Dollars, Euros, Yen, Bitcoin, Ether etc all at once, retailers have no need to accept Bitcoin directly.
Someone will produce this type of card very soon. One that uses exchange rates to the end users advantage to fund and pay for goods in whatever is the best way for them is at that moment. Automatically.
And we also already have regular bitcoin loadable cards that can be used anywhere.
.
Comment
Mr. Peepers
SBR MVP
09-22-09
1425
#19
Originally posted by Optional
I think that will help with ordinary man acceptance. For the late adopter types.
But in reality if a consumer can have a card that is compatible Dollars, Euros, Yen, Bitcoin, Ether etc all at once, retailers have no need to accept Bitcoin directly.
Someone will produce this type of card very soon. One that uses exchange rates to the end users advantage to fund and pay for goods in whatever is the best way for them is at that moment. Automatically.
And we also already have regular bitcoin loadable cards that can be used anywhere.
Good points
Comment
thechaoz
SBR Posting Legend
10-23-09
12154
#20
No, it will probably be around 8.5k
Comment
thomorino
Restricted User
06-01-17
46053
#21
I've traded stocks and options for years, Bitcoin is a momentum trade like buying stock in previous years in companies like Chipotle and Priceline. The difference with bitcoin is that its not going to be the only major digital currency forever. There are many other digital currencies, but bitcoin is the king by far. I think bitcoin will top out when you see one or more digital currencies begin to compete with it, but who knows when that will occur. Very few major sportsbooks allow deposits or withdrawals in digital currencies other than bitcoin.
I think the biggest negative for bitcoin is their really aren't any significant barriers to entry in the digital currency market. If a major company like Chase or Citigroup wanted to develop their own digital currency they could do it in months, not years. If bitcoin does reach 10k than a group of private equity investors will just put up 30-40 million and develop their own digital currency with MIT graduates and other individuals ensuring safe keeping.
Comment
soxwin1917
SBR MVP
09-09-08
1188
#22
Originally posted by thomorino
I've traded stocks and options for years, Bitcoin is a momentum trade like buying stock in previous years in companies like Chipotle and Priceline. The difference with bitcoin is that its not going to be the only major digital currency forever. There are many other digital currencies, but bitcoin is the king by far. I think bitcoin will top out when you see one or more digital currencies begin to compete with it, but who knows when that will occur. Very few major sportsbooks allow deposits or withdrawals in digital currencies other than bitcoin.
I think the biggest negative for bitcoin is their really aren't any significant barriers to entry in the digital currency market. If a major company like Chase or Citigroup wanted to develop their own digital currency they could do it in months, not years. If bitcoin does reach 10k than a group of private equity investors will just put up 30-40 million and develop their own digital currency with MIT graduates and other individuals ensuring safe keeping.
But you're missing the huge drawing card for BTC. You say a company like Chase could just create their own - true. However the decentralized nature of BTC is exactly why so many are so fanatical about it.
Comment
Hman
SBR Posting Legend
11-04-17
21454
#23
Voted no
Comment
themike78
SBR MVP
07-01-13
4883
#24
Big companies want nothing to do with bitcoin because it is a currency that is used for mostly illegal activity. Most people dont want to be associated with it for that one reason.
Comment
Optional
Administrator
06-10-10
62937
#25
Originally posted by themike78
Big companies want nothing to do with bitcoin because it is a currency that is used for mostly illegal activity. Most people dont want to be associated with it for that one reason.
Well apart from Virgin, Steam, Microsoft, JC Penny, Amazon, Dish, Gap etc etc etc etc etc
What a load of rubbish. All the big businesses have been taking cash for years despite its widespread use for illegal activities and ease of theft.
Corporations in general give zero thought to that aspect.
You just gave up on it after one problem and have been projecting your self anger at the tech ever since. You were wrong, deal with it sometime Mike!
.
Comment
thomorino
Restricted User
06-01-17
46053
#26
Big companies can always lobby to change the laws if they start losing money because of bitcoin, but private equity, pools of capital, could put up big money and develop and competing currency that has the same appeal as bitcoin. There are not significant barriers to entry for competitors. Most sportsbooks only take bitcoin right now - in a year or so bitcoin won't have what is essentially a monopoly.
Comment
JAKEPEAVY21
BARRELED IN @ SBR!
03-11-11
29578
#27
Originally posted by Optional
Well apart from Virgin, Steam, Microsoft, JC Penny, Amazon, Dish, Gap etc etc etc etc etc
What a load of rubbish. All the big businesses have been taking cash for years despite its widespread use for illegal activities and ease of theft.
Corporations in general give zero thought to that aspect.
You just gave up on it after one problem and have been projecting your self anger at the tech ever since. You were wrong, deal with it sometime Mike!
he is a hater and jealous watching us all make money
Comment
thomorino
Restricted User
06-01-17
46053
#28
Originally posted by themike78
Big companies want nothing to do with bitcoin because it is a currency that is used for mostly illegal activity. Most people dont want to be associated with it for that one reason.
I don't agree with you that bitcoin is primarily used for illegal purposes, of course gamblers in countries like the US use bitcoin,but bitcoin is used for all kinds of transactions, I think illegal activity is significantly less than 50% of the use of the currency.
Comment
thomorino
Restricted User
06-01-17
46053
#29
Originally posted by Optional
Well apart from Virgin, Steam, Microsoft, JC Penny, Amazon, Dish, Gap etc etc etc etc etc
What a load of rubbish. All the big businesses have been taking cash for years despite its widespread use for illegal activities and ease of theft.
Corporations in general give zero thought to that aspect.
You just gave up on it after one problem and have been projecting your self anger at the tech ever since. You were wrong, deal with it sometime Mike!
Lol, I think he's still arguing topbet is a scam and no one will get paid.
Comment
convick
SBR MVP
11-03-11
3954
#30
Originally posted by themike78
Big companies want nothing to do with bitcoin because it is a currency that is used for mostly illegal activity. Most people dont want to be associated with it for that one reason.
This is like the 5th time you said this. How come you didnt say it was dropping to 9 dollars like you did last time?
Comment
blittydeuce
SBR Hall of Famer
06-11-08
5572
#31
Yes
Comment
Optional
Administrator
06-10-10
62937
#32
Looks like the linesman at BOL was sharp with the odds.
24 taking the dog and 27 the chalk after 51 votes.
.
Comment
lonnie55
SBR MVP
04-08-16
2689
#33
How many voted yes because they wish it hits 10k?
Comment
JAKEPEAVY21
BARRELED IN @ SBR!
03-11-11
29578
#34
Originally posted by lonnie55
How many voted yes because they wish it hits 10k?
count me in on that but I also think it's possible