Truth time fags

Deadlyinx
Deadlyinx

Truth time fags

where do you goys see btc and eth in 7 years.

keep in mind there will be a hardfork with btc/btu

All urls found in this thread:

cryptocoinsnews.com/bitcoin-will-hit-1-million-5-10-years-says-paypal-director/
washingtonpost.com/news/the-switch/wp/2013/11/09/the-11-million-in-bitcoins-the-winklevoss-brothers-bought-is-now-worth-32-million/
coinmarketcap.com/historical/20131110/
coinfox.info/news/3184-world-economic-forum-survey-10-of-global-gdp-may-be-stored-with-blockchain-technology-by-2027
twitter.com/Deloitte/status/866398442951778304
blog.sia.tech/want-to-deflate-the-token-bubble-fix-the-market-cap-indicator-d50f7f1e1ec4

LuckyDusty
LuckyDusty

btc 1-5 mil

eth 10k+ if nothing disastrous happens

New_Cliche
New_Cliche

I don't think BTC will crash for very long, even if it does crash very hard

people already know the potential of it now, so even with the flash crash of BTC coming very soon, I still see it far beyond what it is today. 10k at least.

ETH looks like it set it self up with investors super well, 5k~?

random fucking numbers honestly, main point is just up

Stupidasole
Stupidasole

BTC will never get to 1 mil

Spazyfool
Spazyfool

you gotta be shitting me, you think btc has more potential then eth.

currently their market share aren't the same but sooner or later they will be.

also have you consider smart contracts ?

Raving_Cute
Raving_Cute

Damn I'm bout to buy one Bitcoin and just keep it in Cold storage. This shit is literally like a partyhat in runey

Garbage Can Lid
Garbage Can Lid

LOL

SomethingNew
SomethingNew

around 5 cents - 1 dollar

iluvmen
iluvmen

btc is store of value in a world full of corrupt governments and banks

eth is for dapps which have limited implementation. it's interesting but the average person doesn't need dapps as much as they need a secure currency.

Burnblaze
Burnblaze

interesting, isn't eth more secure because of contracts?

eGremlin
eGremlin

holy cow i just realized the price of Ethereum is $190 on coinmarketcap. coinbase's value is $207.50 atm. talk about scalping. sheesh

Harmless_Venom
Harmless_Venom

just saw that fucking assholes

5mileys
5mileys

Eth is turing complete , to enable dapps. this means it's orders of magnitude less secure than btc, due to being able to run any kind of code on the platform. we've already seen it fork once due to a hack, which has never happened to btc despite it being worth more and being around longer.

kizzmybutt
kizzmybutt

eth: $2500
btc: $1500

happy_sad
happy_sad

shut up and bend over goy.

Sharpcharm
Sharpcharm

What this guy said.

Also take into account inflation. Supply of ETH is gonna double in only the next 5 years from 91 million to 182 millions. BTC will go from 16.5 to 18 in the same 5 years.

Obviously if BTC reached 1 million in those 5 years, that would mean a 18 trillion market cap lulz. But 10k ETH is also completely retarded. That's close to 2 trillions in 5 years.

I feel like this board has been run over by ppl who

cant even math

but at the same time it's nice to see all those newcomers/naabs who're gonna give us their shekels with their retarded expectations.

Bidwell
Bidwell

fair enough. if we hit a market cap of 1 trillion 1 btc will be worth like 50k. for comparison all the gold in the world is worth about 8 trillion.

Methnerd
Methnerd

but doesn't that also mean that i can sell my Ethereum on coinbase for that amount? not saying i am going to im not of course

Supergrass
Supergrass

do you think govt will ever let their market cap be more than 1 trillion? Can't they just raid every single one of these exchanges?

I mean btc/eth don't have an army to protect them.

Dollar is a reserve currency because it has military backing

Ignoramus
Ignoramus

You can't raid the houses of everybody and destroy their computers

Nude_Bikergirl
Nude_Bikergirl

mfw you literally don't know how a blockchain works

Methnerd
Methnerd

he felt for the hardfork meme
There will be no hard fork, BU is dead.

BTC will get segwit then LN, hit $10,000 in the next 3 years, and $100,000+ by 2025.

TalkBomber
TalkBomber

low IQ post

also we'll have decentralized exchanges soon

TurtleCat
TurtleCat

Guess I'm more conservative with my investments/predictions but I'd be happy if ETH hit $500 (little more than double what it is atm on Coinbase).

No real reason for my prediction other than I usually think if something is too good to be true, it almost always is. The insane rise with BTC which took like 6 years with a couple big dips only got us to a roughly $2200 - and I honestly think that was a one-off anomaly. It seems unlikely that any crypto will repeat that pattern to me.

And believe me, I pray that I'm wrong!

iluvmen
iluvmen

Bitcoin: USD competitor. China's housing bubble will burst and BTC will go straight to fucking Andromeda.

Ethereum: Decentralized computing platform. Major competition is Amazon's Cloud Compute and Azure. Developers require 5 years to understand the platform and build an implementation. Privacy is the main goal stated by the EEA and as a result, it has high potential to replace backends for bank and other financial infrastructure (ACH's a fucking mess, but I doubt it'd replace that). Ethereum has a lot of support from huge names who want to understand how to use it and how to build it as a platform.

The main, short-term risk in ETH is the hard fork from PoW to PoS. I don't think any major coin has done this before. I don't understand the implications personally.

I believe in both. Both are long holds. There's going to be a lot of ups/downs in BTC as it's just a straight currency replacement, but ETH, being a platform for software development, is the safest bet in my opinion.

t. ETH shill

Firespawn
Firespawn

Look

ETH isn't good for decentralized computing in general. Its computing power is abysmal, 10 seconds on an AWS cluster will bring ETH's computational abilities to its knees

kizzmybutt
kizzmybutt

I'm not him, but pls explain

TurtleCat
TurtleCat

Top lel 1m per bitcoin. You know that's so fucking crazy that I'm going to buy some just in case.

Lord_Tryzalot
Lord_Tryzalot

people fretting over whether bitcoin or ethereum is the smart choice

dont you fuckers realize EITHER of these coins are going to make you absurdly rich

just pick one, dump $2500 into it, and forget about it for two years

come back and enjoy your $80m mansion in beverly hills

w8t4u
w8t4u

Elastic can destroy pretty much anything in terms of CC power. The point of ETH is that it works even if AWS goes down.

iluvmen
iluvmen

WHAT THE FUCK?

VisualMaster
VisualMaster

Supply of ETH is gonna double in only the next 5 years from 91 million to 182 millions.
That's completely wrong. I forgot the exact numbers but if I remember correctly it may not even go over 105mil within the next 5 years.
The 30k per day rate is very temporary and is going down even now, you can read about it if you're interested.

StrangeWizard
StrangeWizard

both of them will be above 10000% increase in the next two years
le screeny this postzini

Stark_Naked
Stark_Naked

i want to believe

Lord_Tryzalot
Lord_Tryzalot

Sooner or later BTC will implement all of ETH functions and suck up its market cap.
In 10 years no one will remember ETH

viagrandad
viagrandad

That would be over 10% of the current nominal GDP.

You seriously think 10% of the world's money is gonna be in crypto by 2024?

takes2long
takes2long

you seriously don't?

TalkBomber
TalkBomber

He's right. In about two years time, we'll be laughing at threads like these like how we laughed at threads in 2014+1.

Probably why Fidelity aims to serve BTC/ETH/LTC... We'll pay taxes, but it'll be legitimate millions in profits. Prepare yourselves.

AwesomeTucker
AwesomeTucker

i've already got the crest whitening strips on my anus.

New_Cliche
New_Cliche

This is wildly optimistic considering the length of time it took btc to reach 2k.

Booteefool
Booteefool

doesn't understand exponential growth
doesn't read the fucking news
just begs to be a poor fuck their entire life

cryptocoinsnews.com/bitcoin-will-hit-1-million-5-10-years-says-paypal-director/

hairygrape
hairygrape

Bitcoin will be X
Etherium will be Y

If these are going to be 100x what they are now... how come people aren't dumping cash into them? It feels too good to be true.

Evilember
Evilember

They are. Eth and bitcoin have exploded.

WebTool
WebTool

washingtonpost.com/news/the-switch/wp/2013/11/09/the-11-million-in-bitcoins-the-winklevoss-brothers-bought-is-now-worth-32-million/

What are you talking about?

LuckyDusty
LuckyDusty

Yeah to the tune of billions a day

DeathDog
DeathDog

Damn I'm bout to buy one Bitcoin and just keep it in Cold storage. This shit is literally like a partyhat in runey

This is college money if your kid is 1

AwesomeTucker
AwesomeTucker

my question is how can bitcoin go to a million of some people are multi millionaires (the ones who got in very early) already?

If they withdrew billions the world economy would collapse

JunkTop
JunkTop

Proof of work vs proof of stake

GoogleCat
GoogleCat

Pretty sure BTC can implement smart contracts.

Fried_Sushi
Fried_Sushi

Absolute delusion

King_Martha
King_Martha

Bitcoin or phat? I mean if they shut down the serves on rune then it would be worthless

Snarelure
Snarelure

Makes sense. Just feels too good to be true though. Like us chumps are going to get taken advantage of yet again.

SniperGod
SniperGod

Blockchain and Distributed Ledger Technologies (DLT) are bringing disintermediation to nearly all industries. A survey from Greenwich Associates highlights that financial and technology firms are expected to invest more than US$1 billion to bring blockchain technology to capital markets in 2016. According to the World Economic Forum, financial services will be transformed by this technology, with the expectation that at least 10 percent of the global GDP will be stored on blockchain platforms by 2025.

This is from Deloitte's website.

eGremlin
eGremlin

Yeah, BTC is going to be worth 18-90 Trillion. Fucking idiot

Bidwell
Bidwell

washingtonpost.com/news/the-switch/wp/2013/11/09/the-11-million-in-bitcoins-the-winklevoss-brothers-bought-is-now-worth-32-million/

coinmarketcap.com/historical/20131110/

32,000,000 / $ 316.81 = 101,006.91

Holy shit the Winklevoss bros have 100k Bitcoins

Thats now worth $ 261,708,910.70

Methshot
Methshot

global gdp today is ~$75 trillion
current crypto market cap is $66 billion

This sound right so far?

TalkBomber
TalkBomber

so current crypto is roughly 0.1% of GDP? So by that estimate we can expect maybe 100x gain by 2025?

BlogWobbles
BlogWobbles

How much do you guys think ETH is going to spike?

Think it'll crash or it'll plateau?

Nude_Bikergirl
Nude_Bikergirl

It sure can, which is why I will not buy ethereum

MPmaster
MPmaster

JUST FUCK MY SHIT UP

Evil_kitten
Evil_kitten

yeah, just as soon as they implement segwit and larger blocks

Snarelure
Snarelure

not in australia :^)

RavySnake
RavySnake

Mate BTC was at $900 a month ago

Fried_Sushi
Fried_Sushi

Crash to $150-$165 for a while. It'll be rockets once smart contracts start seeing adoption and big companies implement features they want.

Emberfire
Emberfire

$1 million btc valuation would be the equivalent of $21 trillion market cap (21m btc x 1 million dollars). there aren't even this many dollars in existence i believe. $1 million isn't realistic, unless there's hyperinflation (always a possibility)

Lunatick
Lunatick

THIS. If you Veeky Forums bros want to have a serious discussion, then debate this. I'm favoring POS but I don't know enough about the downsides of POS, only the downsides of POW.

idontknow
idontknow

Okay there bud

Evilember
Evilember

BTC will be in range of 5K - 100K
ETH will be in range of 0 - 100

StrangeWizard
StrangeWizard

how do you know?

Need_TLC
Need_TLC

You're full of crap

There's a reason bitcoin is volatile and ETH is projected to overtake it.

Raving_Cute
Raving_Cute

I think both will be largely replaced in 7 years by a superior technology, which the bank and silicon valley are now working on.

But as the market will keep growing for a while I expect they will still have value.

Gigastrength
Gigastrength

To add. Besides the mainstream coin there is room for a small amount of community coins.

Skullbone
Skullbone

The 20 year old NEET's guide to retiring wealthy at 40.

1. Buy bitcoin today.
2. Hold.
3. Hold.
4. Hold.
5. Hold.

BunnyJinx
BunnyJinx

100 satoshi = 1 dollar

Fuzzy_Logic
Fuzzy_Logic

no you and your insecure scamcoin is full of shit
we will see in near future

King_Martha
King_Martha

That crypto is the future is inevitable. Just like streaming music replacing CDs was inevitable. Just like Netflix replacing cable was inevitable.

Technology changes and morphs all the time. The only big issue with crypto is that it removes power from banks and government. Expect a lot of pushback down the road. The music industry's resistance to streaming will be a joke compared to the banking industry's resistance to crypto.

5mileys
5mileys

Bitcoin isn't just fueled by dollars, it's global. Don't forget that. I do think 100k is a more realistic expectation for the price though

Flameblow
Flameblow

Aren't banks investing heavily in crypto because it saves them a ton of money? Isn't it possible for this to get cointel'd?

DeathDog
DeathDog

If crypto becomes mainstream and replaces fiat in a large proportion there would be no more need for banks.
With crypto everyone can be his own bank.

Ignoramus
Ignoramus

fair enough. It's really tough for me to see people actually paying out wages in a crypto. Maybe I'm a little too closed minded.

TalkBomber
TalkBomber

Will ETH skyrocket once BTC crashes or will it go down with it?

Emberburn
Emberburn

its a global currency you fucking burger and you are forgetting about the 7 billion unbaked humans who will be brought online. via smart phones and satellite internet.

VisualMaster
VisualMaster

"ETH HAS MORE TECH SO IT'S WORTH MORE!!!"

Autism in effect.

lostmypassword
lostmypassword

scamcoin
Do you have a spare chromosome by chance?

Snarelure
Snarelure

they look so happy

kizzmybutt
kizzmybutt

$2000 isnt crazy ? if 5 years ago was for $2

Snarelure
Snarelure

in addition to what others have said, think of all the coins that have been permanently lost (press F to pay respects)

TurtleCat
TurtleCat

bank coins are worthless and mostly defeat the purpose of blockchain

and silicon valley IS working on bitcoin. it's not a stagnant piece of tech, it's evolving, but slowly, which makes it safe.

Fuzzy_Logic
Fuzzy_Logic

must be a shitload, id guess at least a quarter of them are lost

Spazyfool
Spazyfool

For real btc is going to hit 10-15 mil in our life times. Just put everything you can into it now and wait.

Need_TLC
Need_TLC

There you go, famalam

coinfox.info/news/3184-world-economic-forum-survey-10-of-global-gdp-may-be-stored-with-blockchain-technology-by-2027
twitter.com/Deloitte/status/866398442951778304

5mileys
5mileys

Same except I am still in HS and 16. Everybody at school wants me to help get them bitcoins. No stopping us. We are the next generation of billionaires

VisualMaster
VisualMaster

Kraken always gives me Cloudflare errors and it is shit slow! Are there DDOS attacks ongoing or what?

Flameblow
Flameblow

This is my favorite post on Veeky Forums so far this week

Illusionz
Illusionz

Mate delete your post or you're gonna get banned for underage

viagrandad
viagrandad

Banks are going to buy up as much fucking BTC as they can in order to inflate the price and begin selling to people. Banks won't be gone. 85% of the population is too stupid to buy and safely maintain cryptos without their hands being held.

Poker_Star
Poker_Star

We've had far more than that since its creation so I don't see why not. We x20 the bitcoin market cap to just 1 trillion and we're looking at $60,000 USD per coin. I don't think $100,000 isn't out of the picture.

w8t4u
w8t4u

Doesn't Zappos or Overstock or some other tech company already offer bonus payments in BTC?

Crazy_Nice
Crazy_Nice

Shit it says you cannot delete a post this old? I was only joking I am actually 21 please don't ban me, will I still be able to see other peoples posts if I get banned? Please help.

Firespawn
Firespawn

ya you just cant post for 24 hours usually

I don't think the mods are even that active on this board desu

Sir_Gallonhead
Sir_Gallonhead

Thanks man that isn't so bad

Snarelure
Snarelure

i am seeing so many smart young people online in the past 5 years, there is hope

Boy_vs_Girl
Boy_vs_Girl

F

TalkBomber
TalkBomber

bitcoin literally has a guy working for cia/nsa/freemasons as the main lead. He's put there to go "oh, we can't scale bitcoin becuase eval miners and/or too dangerous, serious gais, just listen to one of our 3 communication channels that's all owned by my friend and that deletes 200 msges in a 400 msg thread but seriously gais, look over there at those evil shills in that other sub!!". Nothing will happen to bitcoin because of this, as planned.

Therefore btc will tank when transactions stop working which will be a couple months from now. At that point people will get into other cryptos but altcoins will simultaneously become smaller too because the normies won't be able to realize why bitcoin is failing and think this is because "cryptos doesn't work dude".

TreeEater
TreeEater

Down in the depths of hell where they belong.

Nocoiner here. :'-(

Evilember
Evilember

A $4.5 TRILLION marketcap? What are you smoking?

Burnblaze
Burnblaze

At 25 at most

LuckyDusty
LuckyDusty

BTC will be around 10k in 5 years.
ETH will be around 1-2k in 5 years.

TreeEater
TreeEater

You're an idiot lol

TreeEater
TreeEater

Nah. ETH will 1k by December

Emberfire
Emberfire

Transactions will cease because bitcoin wont be scaled? Well couldnt they scale it then to remedy the problem? I mean if they are forced between a crash because no one can use them and scaling them but risking no one will use them then??

RavySnake
RavySnake

If ETH somehow makes it to 5k I am set for life

kizzmybutt
kizzmybutt

What do you guys expect BTC to be by the end of 2017?

PackManBrainlure
PackManBrainlure

5 years

too conservative i think
- normie interest is going parabolic
- institutional investor interest is rising
- applications that dev's have dreamed up years ago are coming to fruitition making it easier for normies
- economic uncertainty all over the world meaning venezuelans , chinese, greeks, etc are going to flood into crypto as if their life depended on it (it literally does)

it's growing exponentially by every metric. expect growth at a rate we've never witnessed before.

CodeBuns
CodeBuns

Kek

askme
askme

they can't even implement larger block size and they been in talks for years.

massdebater
massdebater

Like 1500

Gigastrength
Gigastrength

keep in mind there will be a hardfork with btc/btu

Do you people still live in March 2017 or something?

SniperGod
SniperGod

this i can agree with. (((they))) will pass a law to make btc illegal

JunkTop
JunkTop

not knowing that Bitcoin is part of ((( their ))) plans

Lmao

whereismyname
whereismyname

good point. cash less sheeple

Spazyfool
Spazyfool

THEY'RE UTILIZING THE INCREDIBLE POTENTIAL OF A BLOCK CHAIN WHILE INCORPORATING THE COIN AS GAS TO RUN THE ENTIRE THING WHILE CREATING DEMAND FOR SAID COIN

Yeah I'm going to dismiss that whole concept and put my net worth on MiloCoin. Cya cucks.

Methshot
Methshot

Should I buy in now or are they going to dip soon before rising up again?

DeathDog
DeathDog

The delusion regarding bitcoin in this thread is phenomenal. No serious investor is putting money into bitcoin. Its reputation is one of being linked to criminals, drug dealers and money launderers. It's controlled by a handful of Chinese citizens (e.g. Jihan Wu). It's slow, it's clunky and transaction fees are through the roof. And don't get me started on the whole "it's digital gold" shit and "it's a store of wealth". Bullshit, each bitcoin is just a string of zeroes and ones that doesn't have any practical use or real monetary value. If people want a store of wealth they buy real physicial gold, not some useless "digital" gold.

Fuck me you people are retarded. Ethereum will win, and you autistic shits need to realise that soon for your own sake.

StrangeWizard
StrangeWizard

I guess that's why it's worth nothing right?

Raving_Cute
Raving_Cute

You think some Venezuelan farmer looking to dump his life savings into a safe haven asset cares about the technological application of said asset, or speed, or paying $1 fee?

No, he want reliability, stability, deflation, and some kind of peace of mind that the tech wont have any security problems.

askme
askme

Source:
blog.sia.tech/want-to-deflate-the-token-bubble-fix-the-market-cap-indicator-d50f7f1e1ec4

And I think Vitalik may have said something about that in his comment if it was "completely wrong" I mean he would know...

Emberfire
Emberfire

"Investing" in bitcoin is like investing in a shittier version of CNY. Bitcoin isn't decentralised, you have to be legally retarded to not see that.

I guess that's why it's worth nothing right
All you have to do is read this thread to see why it's worth what it is and why it's going up. See . When you have millions of people thinking like this, the price will pump. There's nothing but FOMO and speculation driving the price up. When you look beneath the surface, it's disastrous.

StonedTime
StonedTime

I agree that btc is pretty prehistoric but it's like the petro dollar. It's not going anywhere. ETH truly is the future and it will eventually become that. The entire benefit of crypto its decentralization and instant, easy peer to peer transactions --btc hardly does either. But the banks have bought so much fucking btc that they are going to convince the entire public to buy into it at some point. It will eventually hit something like $10,000+ so it's not a bad idea to get in early.

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