Bitcoin’s $100K Probability - Speculation or Economic ...

Titcoin - the one and only adult industry crypto coin

Titcoin was developed as a secure and anonymous form of digital currency specifically catering to the adult entertainment industry.
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Bitcoin Discussion

A place for cultivating high-quality, open and serious discussions about Bitcoin. Your best source for ideas, discussions, and debate regarding technical, economic, business and political developments about the world's first and best cryptocurrency - Bitcoin. Welcome!
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Nutcoin

Nutcoin - The Anti Scarcity Stabilized Currency
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You can't be "out of the market" anymore, because the future value of the US dollar is now highly speculative. (x-post from /r/Bitcoin)

submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Speculation: When Bitcoin is valued at 1 Million USD

If that ever happens, something tells me that it is actually bad, there will be a new class of millionaires/billionaires but won't that result in such a USD devalution that would make the Million dollar valued like a $200,000 making it harder to buy a house as that will be priced accordingly?

Change my mind.
submitted by qazwsx1112 to Bitcoin [link] [comments]

06-26 12:24 - 'Investment Guru Jim Rogers: The Value of Bitcoin Will Drop to Zero The investment guru who said #Bitcoin was in a bubble as early as 2017 recently speculated that all cryptocurrencies will be gone eventually. In...' (i.redd.it) by /u/Randy_hill removed from /r/Bitcoin within 23-33min

Investment Guru Jim Rogers: The Value of Bitcoin Will Drop to Zero The investment guru who said #Bitcoin was in a bubble as early as 2017 recently speculated that all cryptocurrencies will be gone eventually. In an interview with the Asahi publication AERA d
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Author: Randy_hill
submitted by removalbot to removalbot [link] [comments]

According to Powell "Bitcoin is a speculative store of value, just like gold." The marketcap for global gold market: 7 trillion

According to Powell submitted by cryptogisan to Bitcoin [link] [comments]

Is Bitcoin a safe haven asset or just a speculative store of value? (podcast)

Is Bitcoin a safe haven asset or just a speculative store of value? (podcast) submitted by CoinCompassBTC to Bitcoin [link] [comments]

Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory

submitted by bobbyw24 to Economics [link] [comments]

QuietGrowth maintains that investing in bitcoin is measured speculation. Bitcoin is yet to prove to be a dependable store of value. ~35% drop in value during current market volatility due to corona virus outbreak isn't helping the case of bitcoin.

QuietGrowth maintains that investing in bitcoin is measured speculation. Bitcoin is yet to prove to be a dependable store of value. ~35% drop in value during current market volatility due to corona virus outbreak isn't helping the case of bitcoin. submitted by quietgrowth to QuietGrowth [link] [comments]

03-19 13:25 - 'Companies and industries produce goods for the want of dollars or other currencies it gives them value, and the dollar is backed by authority. / Bitcoin is a tool of speculation nothing more!' by /u/CreepyCranfield9 removed from /r/Bitcoin within 432-442min

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Companies and industries produce goods for the want of dollars or other currencies it gives them value, and the dollar is backed by authority.
Bitcoin is a tool of speculation nothing more!
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Author: CreepyCranfield9
submitted by removalbot to removalbot [link] [comments]

03-18 12:45 - 'Oh I see because it keeps going up indefinitely to supply the extra cash economies need, so based on that fact why does it go up forever as it does not produce value. / I can only imagine the speculation is it’s long...' by /u/CreepyCranfield9 removed from /r/Bitcoin within 123-133min

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Oh I see because it keeps going up indefinitely to supply the extra cash economies need, so based on that fact why does it go up forever as it does not produce value.
I can only imagine the speculation is it’s long term model for price rises and that’s worse than the fiat system and the banks we have today.
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Author: CreepyCranfield9
submitted by removalbot to removalbot [link] [comments]

03-15 15:45 - 'There is no value in Bitcoin because it’s not used in any meaningful way, that’s why it’s price gains and falls are all linked to speculation. / So I reiterate for you that I find no meaningful value in Bitcoin.' by /u/CreepyCranfield6 removed from /r/Bitcoin within 202-212min

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There is no value in Bitcoin because it’s not used in any meaningful way, that’s why it’s price gains and falls are all linked to speculation.
So I reiterate for you that I find no meaningful value in Bitcoin.
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Author: CreepyCranfield6
submitted by removalbot to removalbot [link] [comments]

Bitcoin is a medium of exchange, not a speculative asset. This is what creates a real value thus a strong economy.

Bitcoin is a medium of exchange, not a speculative asset. This is what creates a real value thus a strong economy. submitted by money78 to btc [link] [comments]

Some rough math about the non-speculative value of Bitcoin

Let's say right now about 10 mln people use Bitcoin every day, and they need to hold about $100 in Bitcoin to spend and replace. Then the ~20 million Bitcoins can be divided by 2 per person. If 2 bitcoins cost $100, then the current price should be $50 per Bitcoin. Everything else is speculation and manipulation.
The end goal is that 10 bln people use Bitcoin. If they only spend and replace, that means each person has (20 mln / 10 bln = ) 0.002 Bitcoins. If 0.002 Bitcoins cost $100, then 1 Bitcoin costs $50k. We are talking decades into the future here, and that price is pretty close at what we currently have for BTC.
BUT what if at that point people use Bitcoin for savings? That's the end goal we are all looking for here. It will probably come only after many years, world wars, and a complete world reorder.
So, at that point let's say each person holds about $10k in savings on average. Then those 0.002 Bitcoins per person make 2 Bitcoins worth $10 mln or 1 Bitcoin worth $5 mln. (Predictions of Bitcoin being worth $1 mln in 2020??)
Bitcoin currently is waay overpriced, unless you're 100% sure it's going to get to that final phase (a.k.a speculating). And if you are betting that much on the crippled BTC chain, I'd say those are pretty slim odds.
submitted by lubokkanev to btc [link] [comments]

11-12 15:54 - 'It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop us...' (v.redd.it) by /u/Nelsontunker removed from /r/Bitcoin within 210-220min

It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies.
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Author: Nelsontunker
submitted by removalbot to removalbot [link] [comments]

CMV: The rise in cryptocurrency valuations (bitcoin, ethereum, etc) is a bubble and has no value to return to investors other than speculative gains.

Bitcoin and non-Bitcoin cryptocurrencies or crypto-platforms (altcoins) have seen a crazy rise in total value, at $156 Billion, up from $20 Billion this Jan. A few of the coins seem to have value or product, but the vast majority do not. Bitcoin itself is hardly used as a currency, its actual intended use.
Given that there appears to be no way to ascribe valuations to the coins that traditional assets classes use (revenues, dividends, profits), all values that investors pay for the tokens have no basis whatsoever, and therefore aren't worthy of investment.
There are similar traits to the crypto markets as the dotcom boom, including people throwing money at new coins when they have no idea what they actually do. Currency valuations tend to be this loop of "cryptocurrencies are worth what people will pay for them", which means that there value is essentially limitless to infinity, and doesnt't give me any confidence.
On the flipside, blockchain technology is truly revolutionary for some items, including record keeping and sending currency instantly and for free, and for document auditing. Cryptocurrencies also makes sense, if the price stables eventually, for money storage, over gold.
That said, investors are throwing money at crypto markets in increasing amounts, but most of the coins, outside of something like Euthereum, promise nothing in return except the promise of high returns due to speculative increase, just like the dot-com boom. This is either the biggest bull market we will see in our lifetimes, or one of the biggest bubbles.
I know similar questions have been asked, but mine pertains more to the altcoin and crypto market as a whole, not just bitcoin.
submitted by kryost to changemyview [link] [comments]

Bitcoin SV does not need support from @coinbase or any other exchange to be successful. How is that? Because its value can come from being a commodity ledger. That has nothing to do with exchanges & speculation, and everything to do with attracting business use through scale. serpent rider @blogz

submitted by 2763rxmh to bitcoincashSV [link] [comments]

Bitcoin isnt "investing", its speculation. Can we stop using that word. Commodity traders don't invest, they speculate, because the intrinsic value isn't determined by fundamentals. Its just wrong to say so.

Just saying it is technically wrong to throw this word around and dupe young people into thinking they are actually investing when they are indeed speculating.
And there is no such thing as a commodity investor (versus commodity/FX trader), unless you count a guy who buries gold or cash in his backyard for the end of days.
submitted by rob14232 to Bitcoin [link] [comments]

Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory

Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory submitted by bobbyw24 to Libertarian [link] [comments]

Never forget: Satoshi built Bitcoin as a currency, not a store of value. Speculation can be very profitable, but at the end of the day it's just gambling.

Never forget: Satoshi built Bitcoin as a currency, not a store of value. Speculation can be very profitable, but at the end of the day it's just gambling. submitted by hiv3r to Bitcoin [link] [comments]

Head of U.S. Central Bank: Bitcoin Is ‘A Speculative Store of Value Like Gold’

Head of U.S. Central Bank: Bitcoin Is ‘A Speculative Store of Value Like Gold’ submitted by n4bb to CoinPath [link] [comments]

Head of U.S. Central Bank: Bitcoin Is ‘A Speculative Store of Value Like Gold’

Head of U.S. Central Bank: Bitcoin Is ‘A Speculative Store of Value Like Gold’ submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory

Fed chair Powell just called bitcoin a 'speculative store of value' like gold — adding weight to the safe haven theory submitted by leftok to atbitcoin [link] [comments]

Auto Post from Bitcoin: According to Powell "Bitcoin is a speculative store of value, just like gold." The marketcap for global gold market: 7 trillion

Auto Post from Bitcoin: According to Powell submitted by bunnywinkles to Crypto_Warriors [link] [comments]

Bitcoin Halving Price Speculation - $118k BTC IN 2021 ... Bitcoin Speculation Litecoin Speculation - The Biggest Concern To Price? Bitcoin Price Speculation Bitcoin: Pure Speculation or True Investment?

Speculation: Bitcoin could reach $250,000 in 2020. By Lutpin - June 12, 2017. 298. 1. SHARE. Facebook. Twitter. tweet . If a person who spent $10 back in 2010 to buy a pizza invested that money on Bitcoin, he would become a millionaire having $10 million by now. This fact clearly explains the price hike of Bitcoin. Digital currencies are considered as the future ad they are gradually in the ... Bitcoin price forecast at the end of the month $14114, change for October 31.5%. BTC to USD predictions for November 2020. In the beginning price at 14114 Dollars. Maximum price $17127, minimum price $13454. The average for the month $15005. Bitcoin price forecast at the end of the month $15323, change for November 8.6%. Kryptowährungen wie Bitcoin gelten bereits seit geraumer Zeit als mögliche Lösung für dieses Dilemma. Allein, den Nachweis für diesen Use Case konnte bisher niemand so recht erbringen. Bis jetzt. Der Trick mit den Gutscheincodes. In einem neuen Artikel schildert Matt Ahlborg eine Methode, Geld über den Globus zu verschicken, die selbst den hartgesottensten Bitcoiner verblüffen dürfte ... Bitcoin: Spending On Speculation. By. Nicholas Juhle - Jul 15, 2019, 12:58 pm. At over $12,000, Bitcoin (BTC) has more than tripled in value this year garnering renewed attention from the investment community, mainstream media, and the general public after a dramatic 1,700% rise (and subsequent fall) in 2017/2018. Our position is simple: while the technology underlying digital currencies ... Bitcoin speculation is like gambling at a casino. The fact that money has been exchanged does not mean that any ad ditional value has been created.

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Bitcoin Halving Price Speculation - $118k BTC IN 2021 ...

Bitcoin Price Drop Speculation, LTC HTC, Binance KYC Hack & The Bitcoin Shield ... Bitcoin Live Trading. Bitcoin Price Live. Trading BTC USD With Crypto Trading Robot DeriBot Deribot 283 watching ... Is speculation mania the biggest concern to the price of litecoin? Stepping away from technical analysis, I happen to think it is the biggest things to be worried about. A lot of people in the ... Longtime hedge fund manager Paul Tudor Jones said Monday that he believes Wall Street could be witnessing the historic "birthing of a store of value" through... Investment Bitcoin. Skip navigation Sign in. Search. Loading... Close. This video is unavailable. Watch Queue Queue. Watch Queue Queue. Remove all; Disconnect; The next video is starting stop ... Bitcoin Drops In Rankings, Bitcoin Price Speculation And Bakkt "Bull Run" The Modern Investor. Loading... Unsubscribe from The Modern Investor? Cancel Unsubscribe. Working... Subscribe Subscribed ...

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