about chat - sorry communications - blockchain is about resources. But where are we in that cycle in regards to Bitcoin? This is a real thing. Imagine 1 satoshi became roughly worth. Some see Bitcoin as the new gold, an immutable element, hard to create, indestructible and no more or less abstract as money than as a lump of yellow metal. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome. So what do I think? Round numbers shouldnt have any effect on prices but in practice they. After bitcoins dramatic drop this month, what are the probably decrease targets and the way can we calculate them? This will only set back absa forex rates calculator progress but Im not bold enough to plan my retirement on the moon spending my 1c Satoshi, when a Florida beach will do just fine.
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The idea is that there is always a top to any boom or bubble and while "to the moon" is a great motto, it is not a likely outcome. Finally there is the fact that Bitcoin has 100,000,000 satoshis. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. While trees might not grow to the skies, there appears to be plenty of head room for the price of Bitcoin and if one thing is destiny it is that blockchain trees will be sprouting left right and centre for the foreseeable future, bringing about. Personally I will start to get itchy to sell around 30,000 a coin.