5 year bump thread...guess the price of BITCOIN 5 years from now (PART 2)

[lagwagon]

50 Bitcoins

[Ferus]

Originally Posted by jscott

I think you mean Ferus, and if I remember correctly, I thought his exit point was just $16k

Close. My exitstrategy was lower, but it reached $18k before I managed to cash out (got $15k each in a private deal)... And a fair part of that was mined on a old ATI gpu back when the price was around a dollar.

I invested 45% of it in hydrogen tech (Nel and nikolai) and that is up +600 so far.... So things are good. A fews years from now it will be a lot more, and all of the profit goes to my new forrest foundation as donation(=No tax on the profit)

In five years I think most the value will be gone. Blockchain will stay, but bitcoin will have lost its value.

[Smack dat]

Originally Posted by Ferus

Close. My exitstrategy was lower, but it reached $18k before I managed to cash out (got $15k each in a private deal)... And a fair part of that was mined on a old ATI gpu back when the price was around a dollar.

I invested 45% of it in hydrogen tech (Nel and nikolai) and that is up +600 so far.... So things are good. A fews years from now it will be a lot more, and all of the profit goes to my new forrest foundation as donation(=No tax on the profit)

In five years I think most the value will be gone. Blockchain will stay, but bitcoin will have lost its value.

Sorry Ferus, you can't say that and not give a ballpark figure.

[jscott]

Originally Posted by Ferus

Close. My exitstrategy was lower, but it reached $18k before I managed to cash out (got $15k each in a private deal)... And a fair part of that was mined on a old ATI gpu back when the price was around a dollar.

I invested 45% of it in hydrogen tech (Nel and nikolai) and that is up +600 so far.... So things are good. A fews years from now it will be a lot more, and all of the profit goes to my new forrest foundation as donation(=No tax on the profit)

In five years I think most the value will be gone. Blockchain will stay, but bitcoin will have lost its value.

Bitcoin is what brings value to Blockchain. Blockchain alone is a slow as hell database. Bitcoin is a truly decentralized & immutable chain, can you name another?

(Remember, ETH had previous rollbacks and premined, centralized. Bcash has 51% attacks due to centralized mining and low hashrates, Ripple owns/will own more than 60% of all XRP, ALL altcoins have similar issues or risk)

[Pink24]

Originally Posted by jscott

Yes, very possible, but if it reaches $1mil, the purchasing power of $1mil wont be the same as today

If/when BTC reaches $1mil, maybe a Mcdonalds happy meal cost $25 by then, inflation inflation!

If bitcoin reaches $1 million you won't be paying in USD <----2 satoshis

[Pink24]

Originally Posted by Smack dat

Sorry Ferus, you can't say that and not give a ballpark figure.

So, I am guessing the price you sold at is right around where we are not - give or take.

[adultchatpay]

to the moon!

[CjTheFish]

$100.00

The glory days are over, I'm a perma bear

[nikki99]

today is crashing....

[jscott]

Originally Posted by nikki99

today is crashing....

After a 40% runnup in a month you'd call a 3% correction a "crash"??

C'mon Nikki. Where's that long term thinking (not daily, hourly or minutely).

Zoom out ;)

[just a punk]

I told you so...

[Pink24]

Still buying.

Fucking hell. I love bitcoin.