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Bitcoin In 2018 (self.Bitcoin)

tryBitcoinDude が 投稿

It's February 19th, 2018. I wake up, check my phone. Good, bitcoin is up another 5% overnight to around $18k per coin. The world is starting to come around to the notion of decentralized currency, but us early adopters know there's still more to come. A lot more.

I've been accumulating coins since 2014 with each paycheck. Not to brag, but I've got quite the nest egg. Best of all, nobody knows it but me. No bankers. No stock brokers. Just me and the blockchain.

I shower and get dressed. I take my dog for a walk. The sun is shining and all of the drones are headed to their lousy jobs. My phone beeps. Ha, Roger Ver just tweeted that Western Union is getting bought by Coinbase. Nice.

After a short breakfast I head to the car dealership where I test drive the latest from Tesla. Think I'll wait a bit. After world markets started quoting the price of oil in bitcoin, I don't really sweat the ups and downs of gas prices. Think I'll stick with what I have. Besides, I don't want my neighbors to realize that the scruffy guy next door is one of the richest people in town.

I drop by my office (literally MY office since I own the whole building). Bitcoin is up another 2% on the WU news..sweet! Most of my tenants pay their rent in bitcoin. Every month they each swing by with a Trezor. No need for a shady middle man or bank. Ah, forgot to mention that my office building is actually an old bank. They seem to be closing up left and right these days.

After a little work (have to keep up appearances, right) I close up and head over to the bar. Things are a little slow so I fire up some satoshi dice on the ol' android phone. Too bad IOS fell off the map...such a shame that ApplePay took the whole thing down. Over in the corner of the bar some goobers play video poker. Good luck fellas have fun putting your cash in uncle sam's wallet.

With not much going on around town I head home and watch Rise and Rise of Bitcoin Part 7 on Netflix. Man I love that movie. The part about Lawsky's trial is my favorite part. Afterwards I fire up the grill and cook up some prime steaks from the butcher, paid for in bitcoin of course. I love getting a 20% discount for paying in bitcoin. Just as the delicious smoke starts drifting away from the grill, the neighborhood suckers start coming home from their jobs. Bet you guys wish you hadn't bet on fiat.

Edit: Wow a lot of people think I'm nuts. I'm not saying that every single thing I predicted will come true. Also contrary to the negative comments I'm not obsessed with the price of bitcoin. This is just a thought exercise. It was Dwight Eisenhower that said "plans are useless, but planning is indispensable"

Edit2: Trolls are jumping on my 20% discount prediction. What you fail to understand is that when bitcoin starts to take off people are not going to want to hold fiat because the value will drop. So business owners will have an incentive to be paid in a strong currency and willing to accept less of it relative to fiat. After all why would someone accept something that rises in value on par with something that loses value? Econ 101

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[–]MistakeNotDotDotDot 33 ポイント34 ポイント  (7子コメント)

So... your tenants' rent effectively went up by 7% in one day?

[–][deleted] 1 ポイント2 ポイント  (4子コメント)

went up by 7% in one day?

I suppose the 2018 world proposed by OP is one in which a large portion of the economy is done in bitcoin. Which means some people live only in bitcoin--receive salary, pay for goods/services in bitcoin. It would have it's own value, no longer being tied to the dollar.

In OPs fictitious (for now) world, saying that the tenant's rent price went up by 7% would be like saying the same today because the Euro had gained a 7% increase.

OP also neglects that, if BTC is valued at $18k by 2018, it most likely won't be fluctuating at ~5% on a daily basis.

[–]MistakeNotDotDotDot 8 ポイント9 ポイント  (3子コメント)

Right, but then why is OP so happy that the price went up? I don't care about how the Euro fluctuates, I don't do any of my business in Euros.

[–][deleted] 23 ポイント24 ポイント  (0子コメント)

Right, but then why is OP so happy that the price went up?

Probably because he, like many bitcoiners, is more interested in getting rich than about "changing the world with crypto currency.

[–]rydan -2 ポイント-1 ポイント  (1子コメント)

I care about the Euro. When it goes up more Europeans convert the Euros to USD and give it to me.

[–]believeshit 3 ポイント4 ポイント  (0子コメント)

No they don't. Or should I say no we don't. Because we don't.

[–]FredrickFreeman 0 ポイント1 ポイント  (0子コメント)

Not necessarily. The purchasing power of bitcoin could have stayed the same and fiat lost 7%.

Edit: clarity

[–]realhacker -2 ポイント-1 ポイント  (0子コメント)

1 btc = 1 btc. In this scenario USD went down 7%

[–]imahotdoglol 29 ポイント30 ポイント  (1子コメント)

Every month you have to meet up with your tenant? That is terribly inconvenient.

[–]Bitcointagious 10 ポイント11 ポイント  (0子コメント)

Sounds like Bitpay must have gone out of business.

[–]David_Prouse 128 ポイント129 ポイント  (2子コメント)

It's February 19th, 2018. At the bottom of my mom's basement I fantasize about having money, then I begin to cry.

[–]TulipCoins 23 ポイント24 ポイント  (0子コメント)

I think that can be brought forward to 2015.

[–]sietemeles 1 ポイント2 ポイント  (0子コメント)

Mi casa su casa.

[–]Adog353 47 ポイント48 ポイント  (2子コメント)

This post gave me cancer.

[–]z_5 3 ポイント4 ポイント  (1子コメント)

Shouldn't have, but I actually LOLed... /u/changetip €0.5

[–]changetip 0 ポイント1 ポイント  (0子コメント)

The Bitcoin tip for 2,402 bits (€0.50) has been collected by Adog353.

ChangeTip info | ChangeTip video | /r/Bitcoin

[–]Lethalgeek 22 ポイント23 ポイント  (0子コメント)

Im surprised you were able to write this much with 1 hand

[–]cryptorrhea 30 ポイント31 ポイント  (0子コメント)

Besides, I don't want my neighbors to realize that the scruffy guy next door is one of the richest people in town.

I love when you drop the whole pretense of bitcoin being this world-changing instrument of financial liberation and equality and get right down to the neckbeard get-rich-quick scheme nitty gritty of it. You're going to sit on your ever-growing bit-hoard as it becomes worth obscene amounts of money because everyone else totally isn't doing the same thing but are actually silly enough to use it.

[–]my_stepdad_rick 43 ポイント44 ポイント  (7子コメント)

Goddammit...this reads like a parody of a delusional bitcoin fanatic. Posts like these really make me question my belief in bitcoin.

[–]Thorbinator 18 ポイント19 ポイント  (0子コメント)

Delusional fantasies like this are a sell signal.

[–]Lixen -3 ポイント-2 ポイント  (0子コメント)

Posts like these really make me question my belief in bitcoin.

Your belief in bitcoin is contingent on what some overly optimistic / delusional people hope and wish for?

Sounds like you needs to re-evaluate how you determine your stance...

[–][deleted] 66 ポイント67 ポイント  (13子コメント)

I have very similar predictions regarding the lottery ticket I just bought.

[–]Jahamin 16 ポイント17 ポイント  (0子コメント)

Wake up February 19th 2015, debt collectors at the door.

[–]Purplekeyboard 10 ポイント11 ポイント  (1子コメント)

In this imagined future, why would anyone give you a 20% discount for paying in bitcoin?

Also, as all these banks are closing, where do people go to borrow money?

[–]KW160 10 ポイント11 ポイント  (0子コメント)

No one needs to borrow money because they're all rich!

[–][deleted] 3 ポイント4 ポイント  (0子コメント)

Are you relatives with this guy, OP?

[–]Roger_Mexico_ 5 ポイント6 ポイント  (1子コメント)

So, in this masturbatory fever dream of yours, why exactly did Ben Lawsky go on trial?

[–]xXxConsole_KillerxXx 16 ポイント17 ポイント  (3子コメント)

It's February 19th, 2018. I wake up, check my iphone. Good, AAPL is up another 5% overnight to around $18k per share. The world is starting to come around to the notion of shiny bullshit, but us early adopters know there's still more to come. A lot more.

I've been accumulating shares since 2014 with each paycheck. Not to brag, but I've got quite the nest egg. Best of all, nobody knows it but me. No bankers. No stock brokers. Just me and Tim Cook.

I shower and get dressed. I take my dog for a walk. The sun is shining and all of the windows drones are headed to their lousy jobs. My phone beeps. Ha, Jony Ive just tweeted that Google is getting bought by Apple. Nice.

After a short breakfast I head to the car dealership where I test drive the latest from Tesla. Think I'll wait a bit. After world markets started quoting the price of oil in AAPL, I don't really sweat the ups and downs of ipad prices. Think I'll stick with what I have. Besides, I don't want my neighbors to realize that the scruffy hipster next door is one of the richest people in town.

I drop by my office (literally MY office since I own the whole building). AAPL is up another 2% on the GOOG news..sweet! Most of my tenants pay their rent in ApplePay. Every month they each swing by with a ipad. No need for a shady middle man or bank. Ah, forgot to mention that my office building is actually an old Microsoft Store. They seem to be closing up left and right these days.

After a little work (have to keep up appearances, right) I close up and head over to the bar. Things are a little slow so I fire up some angry birds on the ol' Iphone Too bad android fell off the map...such a shame that ApplePay took the whole thing down. Over in the corner of the bar some goobers play video games. Good luck fellas have fun putting your cash in EA's wallet.

With not much going on around town I head home and watch JOBS on Netflix. Man I love that movie. The part where Steve fires the guy that doesn't like pretty fonts is my favorite part. Afterwards I fire up the grill and cook up some prime steaks from the butcher, paid for with ApplePay of course. I love getting a 20% discount for paying in ApplePay. Just as the delicious smoke starts drifting away from the grill, the neighborhood suckers start coming home from their jobs. Bet you guys wish you hadn't bet on PC.

[–]Antandre 9 ポイント10 ポイント  (0子コメント)

It's February 19th, 1995.

If you would have bought into Apple heavily 10-20 years ago, this fanfiction would not be too far from the truth.

[–]ncsakira -1 ポイント0 ポイント  (1子コメント)

/s Gotcha! stocks are closed sourced wallet garde that can be devalued at the whim of a CEO, instead of a infinitely divisible open ecosystem.

[–]miserable_failure 5 ポイント6 ポイント  (0子コメント)

The problem with your comment is you think it's a good one.

At least stocks are backed by something.

[–]greenseaglitch 5 ポイント6 ポイント  (0子コメント)

Cool so let's see if the math checks out. The current fiat price of a bitcoin is $239. A 7% daily increase in the fiat price of a bitcoin can be calculated as such:
239 * (1 + 0.07)365*3
Result:
$35779516396305200000000000000000000 per bitcoin
Conclusion:
OP is dumbfuck.

[–]udontknowwhatamemeis 12 ポイント13 ポイント  (3子コメント)

Oil markets are being quoted in BTC and you think the price is only $18k? What the hell is wrong with you?

[–]usrn 4 ポイント5 ポイント  (0子コメント)

That was the point where I couldn't go further.

This fan fiction is just too depressed and pessimistic for my liking. :)

[–]SheikhOfBitcoin 0 ポイント1 ポイント  (1子コメント)

It's 2018, not much use for oil anymore :(

[–][deleted] 6 ポイント7 ポイント  (0子コメント)

Plastics isn't going to be replaced by 2018.

[–]sietemeles 8 ポイント9 ポイント  (0子コメント)

Bitcoin. The solution to the Two Generals Problem:

Alice in Wonderland sends a payment to Bob in the Basement.

Meanwhile, in the real world, where we don't waste our time on childish fantasies there are dozens of clever people working on cryptocurrencies.

[–]heyheyitscaturday 2 ポイント3 ポイント  (1子コメント)

Not sure if serious

[–]cbeast 5 ポイント6 ポイント  (0子コメント)

I was going to say sober.

[–]GrayGreyMoralityFan 1 ポイント2 ポイント  (0子コメント)

That reminded https://np.reddit.com/r/Bitcoin/comments/1lsw2l/its_2015how_has_bitcoin_changed_your_life/

[–]jabraunlin 2 ポイント3 ポイント  (0子コメント)

This is a great picture you have painted of the future in my mind. I could almost see it materializing minus the sentence about how ApplePay brought down Apple, a $700 billion company.

But yes. Bitcoin is here to stay.

[–]TravisPatron 4 ポイント5 ポイント  (9子コメント)

On February 19th, 2018, bitcoin will be worth more than $18k.

[–]AndrewCoja 3 ポイント4 ポイント  (0子コメント)

Yes, the total value of all the bitcoins will be worth $18K

[–]bazookadaver 2 ポイント3 ポイント  (0子コメント)

Yah. It will be priceless.

[–]platypii 4 ポイント5 ポイント  (3子コメント)

RemindMe! 3 years

[–][deleted] 1 ポイント2 ポイント  (0子コメント)

RemindMe! 3 years

[–]RemindMeBot -1 ポイント0 ポイント  (0子コメント)

Messaging you on 2018-02-19 06:33:48 UTC to remind you of this comment.

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[–]Jackpot777 -1 ポイント0 ポイント  (0子コメント)

RemindMe! 3 years

[–]connorcam 0 ポイント1 ポイント  (0子コメント)

RemindMe! 3 years

[–]TravisPatron 0 ポイント1 ポイント  (0子コメント)

RemindMe! 3 years

[–]oneisnotprime 0 ポイント1 ポイント  (0子コメント)

RemindMe! 3 years

[–]secret_bitcoin_login 1 ポイント2 ポイント  (0子コメント)

The moral of the thread comments: You're free to fantasize about the future of bitcoin, but /r/bitcoin should focus on the present status, not an imaginary future.

[–][削除されました]  (2子コメント)

[deleted]

    [–]xXxConsole_KillerxXx 2 ポイント3 ポイント  (1子コメント)

    You people who don't shut up about the price are like the fool focusing on the moon when a genius points to the sky.

    I think the term is more like: fools focus on his finger while genius points to the moon?

    [–]dalovindj 0 ポイント1 ポイント  (0子コメント)

    "Some genius, all that guy out there does all day is point at the moon. I'll have a Big Mac."

    [–]doomslothx -1 ポイント0 ポイント  (3子コメント)

    This is a delusion - reason being - first sentence "us early starters". It's common in human psychology to assume you're always right and imagine being rich and mighty - it's a self value thing. With the trend line progression of the bitcoin price I'd say the hype train has parked itself and the fiat money system will continue to function because way too many people are indoctrinated into it. it would take years of generational education to reteach the population about non regulated currencies and implement it. Probably various wars too. Bitcoin in 2018 will still be the same as it is now - only the price and it's access will have changed. Its value may have stabilized and it's public access is greater. Governments will be implementing systems to determine how to regulate and tax it and effectively they will slowly squeeze its unregulated soul into regulation just like the fiat system. Why? Because the minute bitcoin was given a fiat value - bitcoin lost.

    [–]camraid -3 ポイント-2 ポイント  (1子コメント)

    I'm inclined to think that we won't see quite the mania we saw in the 1200 bubble unless a big event (economic crash)... And the price in 2018 will be about $600, it will climb more steadily though, seeing less volatility, and creeping up slowly. But in 2026 we will have kids being born straight into crypto, bypassing the bank BS completely because crypto is easier.

    [–]doomslothx -1 ポイント0 ポイント  (0子コメント)

    this is can agree with. More realistic....

    [–][deleted] 0 ポイント1 ポイント  (0子コメント)

    Econ 101

    Thanks for the laugh, bro. I actually did laugh out loud a bit. Keep fighting the good fight, my special bitcoin man.

    [–]TotesMessenger 0 ポイント1 ポイント  (0子コメント)

    This thread has been linked to from another place on reddit.

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    [–]Solsometimes 0 ポイント1 ポイント  (0子コメント)

    Went up 7% against what?

    This fucking bitcoin chit has been the 'next big thing' since forever.

    [–]AlyoshaV -3 ポイント-2 ポイント  (1子コメント)

    Why are you selling bitcoin for food if it's rising 7% in a single day and on a very long upwards trend?

    [–]kiisfm 8 ポイント9 ポイント  (0子コメント)

    Hunger?

    [–]rydan -1 ポイント0 ポイント  (0子コメント)

    After a short breakfast I head to the car dealership where I test drive the latest from Apple.

    FTFY

    [–]c4p0ne -2 ポイント-1 ポイント  (0子コメント)

    Andreas Antonopoulos once said, "Bitcoin can save capitalism". I don't believe anything can "save" such an intrinsically exploitative system that supports and encourages the rent-seeking behavior TryBitcoinDude so proudly spoke of. However, all is not necessarily lost, as the "cryptoanarchy" component may just be a way out of capitalism one day.

    As such, I tend to look at Bitcoin and the blockchain not only as a revolutionary, financial renaissance-bringing technology capable of circumnavigating the ferociously criminal project of private-banking, but as a potential bridge - a stopgap measure - out of an even more diabolical enterprise that has plunged our species into a special kind of economic tyranny that may yet drive us into the abyss....