Hacker News new | ask | show | jobs
by infectoid 2419 days ago
When it hit around the $30 mark I was thinking that was going to be where it levelled off and I was actually excited for it to become a stable currency.

I was pretty wrong, both about it being a stable and a currency.

As another commenter mentioned, I'm also excited to have been here for it all and stille excited to see where it leads. Ultimately, whether you love it or hate it, Bitcoin has made its mark on history and has kind of become the giant shoulders that the next generation can stand on.

1 comments

I still remember the first thought that went through my head when it hit $30...

"Well that shit is gonna crash tomorrow"

Well, it did go from 30 to 3.
And from 1200 to 120, and from 20k to 3k, but today is 9k, so on the average year-to-year the price was always on the rise. You do know there are right now more millionaires on Earth then the total number of bitcoins that will ever be. So when bitcoin going to be all 21 millions mined, there will be not enough for all millionaires to buy one. Let that sink.
There are also more millionaires on earth right now than there ever will be of my exclusive cryptocurrency, MoonCoin. I’d be happy to sell you one for 1,000 USD
I’ll give you 50 cents for a billionth of 1 coin.
There it is. Market validation that each MoonCoin is worth $500M a piece.
> ... so on the average year-to-year the price was always on the rise.

Really? Even in 2018? It wasn't, it started at $17K (when I sold) and ended at $3k.

> So when bitcoin going to be all 21 millions mined, there will be not enough for all millionaires to buy one. Let that sink.

And? There's not enough millionaires in the world to buy more than 1 Transamerica Pyramid, either. That means absolutely nothing. There's not enough millionaires on earth to buy 1 BTC each today and it means nothing.