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That's insane. Only a few months ago 1BTC was going for about $30 USD. There were threads discussing $30/BTC where people were saying that it was too late to ge
by cheeze 14y ago
That's insane. Only a few months ago 1BTC was going for about $30 USD. There were threads discussing $30/BTC where people were saying that it was too late to get on the wagon...
- M4v3R 14y ago3 months ago (january) 1 BTC was worth 14 USD.
- Permit 14y agoWhat's insane is that people here were trying to find out ways to short Bitcoin when it was at here at price.
- drivebyacct2 14y agoOh, there are a number of users that have been nay-saying for months, or longer. I hope they did manage to get a short in. That sounds vindictive, but even in this thread are people that clearly don't understand BTC firing off calling it a "scam". Poor people, should've bought two weeks ago.
- lambda 14y agoWhen I mined my first block of bitcoins a couple years ago (back when I could use the GPU on my aging laptop and still have a chance to mine a block) they were worth about 5¢; I sold a bunch when they were around $5 because I thought that was ridiculously high, and the price was sure to collapse. Silly me; had I not sold them, I could have a few thousand dollars from a couple of days worth of GPU time.
- nawitus 14y agoIf bitcoin ever gets widely adopted, one bitcoin will be worth atleast thousands of dollars.
- iso-8859-1 14y agodid you do the math or are you just pulling numbers out of your hat?
- mrb 14y agoThat is just math. The worldwide money supply is roughly 50 trillion USD (~20 trillion USD + ~20 trillion EUR + others). If Bitcoin ends up capturing 0.1% of $50 trillion, this is $50 billion, divided by 21M bitcoins total = $2400 per bitcoin.