[ExI] [mta] Long Term Bitcoin Catastrophe?

[Mirco Romanato]

Il 20/06/2013 05:47, Brent Allsop ha scritto:
> 
> 
> Not just Paypal.  Visa, Mastercard, Amex, Discover, all near $100
> billion capitalization companies, all built on their ability to muscle
> their way into steeling 3% of every effing transaction in the world.
> 
> Making money by shorting MasterCard International because of Bitcoin?
> 
> Priceless!
> 
> So, what's your current thinking about what a Bisection will be worth in
> 1 year, and long term.  How high could they go?  Anywhere near 1 Satoshi
> = $1?  At that value all of them would start to be close to all the real
> estate in all the world, at today's prices.

Not just them, near all the banking sector is about payments: receiving
and sending payments.

With bitcoin they are made obsolete.

This is a chart from, bitcointalk:

The first half is mine (using Bitcoincharts), the second part is the
projected exponential trend (on a log scale)

"the lowest line bring us to 10K in April 2016, 100K in May 2017 and 1
M$ in July 2017.
The "median" line to 10K in June 2016 and 100K in July 2017 and 1 M in
August 2017"

Mirco