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Re:Someone just made a $147,239,214 Bitcoin transfer by mariusz79 on Friday November 22, 2013 @01:55PM (#6782894)
Size of the current bitcoin economy is "just" $8bln. While it sound like a lot of money, comparing to the rest of the economy it does not even qualify as a pocket change.
Re:Someone just made a $147,239,214 Bitcoin transfer by johnyzee on Friday November 22, 2013 @02:32PM (#6783173)
It is larger than more than half of the world's currencies: http://coinometrics.com/bitcoin/bmix
Re:Someone just made a $147,239,214 Bitcoin transfer by termain on Friday November 22, 2013 @02:05PM (#6782963)
So it's definitely worked well enough to create an 8 billion dollar economy?
Re:Someone just made a $147,239,214 Bitcoin transfer by throwaway1979 on Friday November 22, 2013 @02:24PM (#6783105)
I was a naysayer until recently. After the senate hearing, I ate crow. Too late to profit at this point though :(
Re:Someone just made a $147,239,214 Bitcoin transfer by localhorse on Friday November 22, 2013 @02:47PM (#6783271)
I'm not sure that's true.
Re:Someone just made a $147,239,214 Bitcoin transfer by throwaway1979 on Friday November 22, 2013 @03:05PM (#6783372)
What is your price target, if I may ask?
Re:Someone just made a $147,239,214 Bitcoin transfer by pazimzadeh on Friday November 22, 2013 @03:30PM (#6783505)
7,000 USD within five years.
Re:Someone just made a $147,239,214 Bitcoin transfer by BrokenPipe on Friday November 22, 2013 @06:54PM (#6784529)
More likely to be within 2014 at this velocity and no reason to think it won't be S curve adopted.
Re:Someone just made a $147,239,214 Bitcoin transfer by hnha on Friday November 22, 2013 @05:47PM (#6784255)
one that could turn into a 8 million thing in a day when the speculators stumble and the bubble bursts.