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Vegas Matt

04/04/15 12:38 PM

#50447 RE: towerclimber92 #50443

Agree great long-term for BYSD and Bitcoin
That's why I own both :)

I am not looking at this for just a month or so,
but for years.

There are a limited number of bitcoins that can ever be mined - around 21 million. This is for the entire planet.

If this become widely adopted, and you have even 1 billion people out of 7 billion that we have currently using bitcoin - well you can see that the value of bitcoin would jump to thousands, if not tens of thousands of dollars.

GLTA longs

BITCOIN FAQ

the total BTC in circulation will always be slightly below 21 million
https://en.bitcoin.it/wiki/FAQ