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Offline nomoreheroes7

How high can she go?
« on: September 30, 2014, 12:55:58 PM »

Alright, so I'm thinking to myself that Bitcoin aims to be the world's currency, while BitShares' approach is much broader: to be the world's investment (more or less). Based on this alone, isn't the market BitShares is trying to grab much greater than Bitcoin's, and thus the potential future market cap much, much higher? As in, BitShares seeks to take down banks, stock exchanges, forex, gold markets, USD, etc etc etc...is a trillion dollar market cap reasonable say even 20 years into the future, considering the vast sums of wealth contained in these markets??

Am I delusional??

Offline tonyk

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Re: How high can she go?
« Reply #1 on: September 30, 2014, 01:04:59 PM »
is a trillion dollar market cap reasonable say even 20 years into the future, considering the vast sums of wealth contained in these markets??

Am I delusional??
No, you are too conservative.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline nomoreheroes7

Re: How high can she go?
« Reply #2 on: September 30, 2014, 01:07:10 PM »
is a trillion dollar market cap reasonable say even 20 years into the future, considering the vast sums of wealth contained in these markets??

Am I delusional??
No, you are too conservative.

lol tony I never know if you're being serious or just trolling...for my own amusement I'm going to assume you're serious.  :D

Offline tonyk

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Re: How high can she go?
« Reply #3 on: September 30, 2014, 01:11:58 PM »
Absolutely serious and not alone, in that expectation:

https://bitsharestalk.org/index.php?topic=9486.msg123508#msg123508
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Mysto

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Re: How high can she go?
« Reply #4 on: September 30, 2014, 01:15:33 PM »
is a trillion dollar market cap reasonable say even 20 years into the future, considering the vast sums of wealth contained in these markets??

Am I delusional??
No, you are too conservative.

Maybe it is conservative but it sure as hell won't be an easy ride. The day we get passed or even near bitcoin is the day we will be in the spot light. When that day comes expect extreme attacks and smear campaigns from the bitcoin community (I know they have already started but I think they will do much worst) and then soon after from the mass media. The bigger we get the more downwards pressure will be applied on us.

Offline Mysto

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Re: How high can she go?
« Reply #5 on: September 30, 2014, 01:21:55 PM »
is a trillion dollar market cap reasonable say even 20 years into the future, considering the vast sums of wealth contained in these markets??

Am I delusional??
No, you are too conservative.


Maybe it is conservative but it sure as hell won't be an easy ride.

He asked after 20 years... you are talking about less then a year from now.  :)
Yea I'm talking about getting there.

Offline nomoreheroes7

Re: How high can she go?
« Reply #6 on: September 30, 2014, 01:25:03 PM »
Yea I'm talking about getting there.

Road won't seem as rough if you're an iron clad hodler. I'm 100% BitShares right now, so I will either prosper immensely or go down with the ship, no in between.

Offline Stan

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Re: How high can she go?
« Reply #7 on: September 30, 2014, 02:24:29 PM »
is a trillion dollar market cap reasonable say even 20 years into the future, considering the vast sums of wealth contained in these markets??

Am I delusional??
No, you are too conservative.

Maybe it is conservative but it sure as hell won't be an easy ride. The day we get passed or even near bitcoin is the day we will be in the spot light. When that day comes expect extreme attacks and smear campaigns from the bitcoin community (I know they have already started but I think they will do much worst) and then soon after from the mass media. The bigger we get the more downwards pressure will be applied on us.

Which is all the more reason why everything we do as a community be done with integrity, honor, humility, and respect.

I'm still working on the humility part...  :)
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Offline oldman

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Re: How high can she go?
« Reply #8 on: September 30, 2014, 05:08:43 PM »
>Trillion dollar BTSX cap is not unrealistic; just did a little pumping here https://bitsharestalk.org/index.php?topic=9486.msg123619#msg123619.

Offline nomoreheroes7

Re: How high can she go?
« Reply #9 on: September 30, 2014, 06:18:06 PM »
>Trillion dollar BTSX cap is not unrealistic; just did a little pumping here https://bitsharestalk.org/index.php?topic=9486.msg123619#msg123619.

lol OldMan I always appreciate your pump posts...but still...having a reality cap on, it just seems so...extraordinary, you know? As in things in life aren't usually so easy. But I read your posts and they just make so much damned sense...just doesn't seem real. At least the reality I'm used to hah.

Put this way -- if I were an outsider looking in, having not yet invested in BTSX, I would read such crazy speculation claims and think "there's no way in hell this isn't a scam to line the pocket books of Dan!" and I would continue walking. Hopefully others will be more open minded than my theoretical other self...lol

...and hopefully my real self is correct in my line of thinking: that BTSX is something truly unique, once-in-a-lifetime, and potentially world-changing that can't be ignored.  :)
« Last Edit: September 30, 2014, 06:21:18 PM by nomoreheroes7 »

Offline inarizushi

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Re: How high can she go?
« Reply #10 on: September 30, 2014, 06:50:39 PM »
So, do you guys believe that everybody presently on this forum is a future millionaire/billionaire ? My mind cannot compute that.

If really trillions are on the table, the real world is full of really bad shit (murder/violence). Delegates will have to watch their asses.
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Offline bytemaster

Re: How high can she go?
« Reply #11 on: September 30, 2014, 06:52:49 PM »
So, do you guys believe that everybody presently on this forum is a future millionaire/billionaire ? My mind cannot compute that.

If really trillions are on the table, the real world is full of really bad shit (murder/violence). Delegates will have to watch their asses.

I suspect the value will be spread across a dozen different DACs...
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Offline tonyk

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Re: How high can she go?
« Reply #12 on: September 30, 2014, 06:56:38 PM »
So, do you guys believe that everybody presently on this forum is a future millionaire/billionaire ? My mind cannot compute that.

If really trillions are on the table, the real world is full of really bad shit (murder/violence). Delegates will have to watch their asses.


I personally hope to not become millionaire just holding my USD...Already experienced being millionaire holding other fiat... no champagne and roses...
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline nomoreheroes7

Re: How high can she go?
« Reply #13 on: September 30, 2014, 06:57:38 PM »
So, do you guys believe that everybody presently on this forum is a future millionaire/billionaire ? My mind cannot compute that.

If really trillions are on the table, the real world is full of really bad shit (murder/violence). Delegates will have to watch their asses.

I suspect the value will be spread across a dozen different DACs...

Do you mean a trillion dollar market cap would likely be spread across the entire BitShares ecosystem (like Music, DNS, Vote, etc)? I imagine if BTSX is truly successful, many of these other DACs would be successful as well; but if any has the possibility of reaching trillions it'd be BTSX, wouldn't it?

Offline xeroc

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Re: How high can she go?
« Reply #14 on: September 30, 2014, 06:58:25 PM »
I personally hope to not become millionaire just holding my USD...Already experienced being millionaire holding other fiat... no champagne and roses...
You can be millionaire in sweden with roughly 100k$ :)
Still some big gap for me to achieve that ..  :-\
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