>BITCOIN TO HIT $500,000 if this doesnt get you to invest,

>>1947365
>500,000

If BTC is that inflated, markets would have already collapsed by that stage lel.

>>1947365
>Snapchat’s first investor
Proof that he doesn't know jack shit about investing.

File: 1489941142966.jpg (140KB, 700x939px) Image search: [Google]

140KB, 700x939px

>snapchat's first investor

i dont get this meme, if im the first to buy some no name pennystock or some unknown crypto, does that mean i have any kind of financial experience???

>blockchain CEO

Every major ceo thinks their company is worth the entire world's net worth

If anything, this is actually a red flag, bitcoiners has gone mad

>>1947371
Confirming if this happened the world economy would be dead, bottle caps would be the only tangible currency, and super mutants will be going ass to mouth with us on the reg. Hard pass.

>>1947395
alot of bitcoiners forgets that they are dealing with a currency, not a stock / share

if bitcoin reached 500.000$, it would mean it would have replaced fiat currency all over the globe, and thus will be regulated by governments and central banks, and they sure as hell would never allow it to reach those heights, they'll just pump out more bitcoin into the pool

seriously, sell your bitcoin and convert it to ethereum or something else, this is madman talk coming from the blockchain founder

Just for reference, this would mean BTC would have a market cap significantly higher than gold.

>>1947405
>they'll just pump out more bitcoin into the pool
Most bitcoiners seem to think that being artificially scarce makes it immune to fractional reserve banking.

>guy invested in blockchain company says bitcoin could hit $500k in over a decade
>OMG U GUISE, BTC DEF GOING TO THE MOON
Typical coiner reaction.

>>1947410
That kind of shit will not be accepted by banks or governments

and is also why it'll never reach those stupid prices

>hey guys, lets replace all our fiats with bitcoins that's being controlled by chinese whales and has higher fees than normal bank transfers

>>1947379
Eyyyyyyy !

>>1947468
If Bitcoin replaced fiat it would lose most of the advantages of Bitcoin. It would be like ordinary currency on the gold standard except that the thing backing it would have no utility and therefore no intrinsic value, effectively making it the same as fiat except that it would be slightly harder to control inflation.
The most user-friendly wallets wouldn't even be private. Hell, the government could make totally private wallets illegal.

>>1947494
correct, another reason why it never would hit 500.000$

>$500,000
When the world ends perhaps. And bitcoins won't save you from the post apocalyptic marauders raiding your boipussy.