Bitcoin Forum

Economy => Speculation => Topic started by: jehst on June 19, 2015, 05:36:55 AM



Title: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 19, 2015, 05:36:55 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Metadextrous on June 19, 2015, 05:39:47 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?
Bill Gates, why? Well, he has a company which is leading the technology and computer, which is essential for Bitcoins :D


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: pa on June 19, 2015, 05:40:12 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

How much will it cost Bill to buy 1 million btc?


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 19, 2015, 05:46:44 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

How much will it cost Bill to buy 1 million btc?

How much would Satoshi get if he tried to sell 1 million BTC?


 


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: gentlemand on June 19, 2015, 09:05:33 AM
Satoshi is the one with the best chance mainly because I assume Bill wants to leave the world having spent most of his bread.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Anirban Sarkar on June 19, 2015, 09:11:29 AM
This depend upon the time and the work of the company..!!!! Bitcoin is different


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: damiano on June 19, 2015, 09:11:50 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

His wealth maybe be growing like a rolling snowball but he is not even 10% of the way to the trillion which you are speaking. Satoshi and his 1 million bitcoin is not worth $250million, go try and sell 100,000 coins you will see what it does to the market. Neither of them will become a trillionaire but Gates will be the closest.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Amph on June 19, 2015, 11:23:18 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

How much will it cost Bill to buy 1 million btc?

How much would Satoshi get if he tried to sell 1 million BTC?


 

depend, if he sell small amount per time, without crashing the market, he can sell all his bitcoin at currenct market price or slightly less

otherwise by selling everything at once, you would crush the entire market, and more than half of his million will be waste at 100 or sub 100 price

but i doubt he is that stupid, to do such a thing


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 19, 2015, 11:37:54 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

His wealth maybe be growing like a rolling snowball but he is not even 10% of the way to the trillion which you are speaking. Satoshi and his 1 million bitcoin is not worth $250million, go try and sell 100,000 coins you will see what it does to the market. Neither of them will become a trillionaire but Gates will be the closest.

Bill Gates might live for 30 more years or longer. Whether he becomes a trillionaire depends on what the dollar does. I believe the dollar will eventually experience a hyperinflation event. Microsoft will do well because it will keep selling XBOXes in China or whatever while the USD tanks. He will get a trillion dollars but they will be worth less than 350 billion is today.

Perhaps Satoshi becoming a trillionaire also depends on the same hyperinflation event.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: AtheistAKASaneBrain on June 19, 2015, 11:39:38 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

His wealth maybe be growing like a rolling snowball but he is not even 10% of the way to the trillion which you are speaking. Satoshi and his 1 million bitcoin is not worth $250million, go try and sell 100,000 coins you will see what it does to the market. Neither of them will become a trillionaire but Gates will be the closest.

Satoshi will be the first trillonaire because we are at the bottom of BTC now and he would need something along the lines of 1MM per BTC, which is a given during our lifetimes. What I doubt is Satoshi still owns all of those coins at this point, also im not sure how old he is, he would need to be rather young to make it.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: damiano on June 19, 2015, 11:52:07 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

His wealth maybe be growing like a rolling snowball but he is not even 10% of the way to the trillion which you are speaking. Satoshi and his 1 million bitcoin is not worth $250million, go try and sell 100,000 coins you will see what it does to the market. Neither of them will become a trillionaire but Gates will be the closest.

Satoshi will be the first trillonaire because we are at the bottom of BTC now and he would need something along the lines of 1MM per BTC, which is a given during our lifetimes. What I doubt is Satoshi still owns all of those coins at this point, also im not sure how old he is, he would need to be rather young to make it.

Do you have proof we are at the bottom right now? I am looking for facts not fairytale from some nutt jobs dream. How on earth did you come to the valuation of $1million per bitcoin? $1 million per btc in our life time is a "given" lol Satoshi doesn't seem to care about his coin, we haxve after all been to $1000+ and he never touched any hmmm


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Coinshot on June 19, 2015, 12:30:48 PM
No one.

They both will die before 1T is a feasible fortune for a human being alone, due to inflation. Might take 1 century or more.

And Microsoft is not the leader in technology since some time, so I doubt his fortune will increase, and since he has much more money than he could spend, I doubt he will make serious efforts to make it grown more than 10x.

Only feasible scenario I can think that would make someone be trillionaire is if one can develop a tech that turns out to be the basis of all future technology, like the electricity is the base of all current technology.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: qwk on June 19, 2015, 12:32:37 PM
Who do you think will reach 1 trillion first and why?
Bill. Satoshi will ever only have ~1 Million BTC.
Bill might become a $-Trillionaire ;)


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: BillyBobZorton on June 19, 2015, 12:38:49 PM
There are already trillonaires out there, they just don't pop up on Forbes because they've spreaded their wealth among their family members in purpose to not count as a single individual, but anyone that doesn't think some of the top Rothchilds couldn't own 1 trillion each is delusional. To super mega wealthy wouldn't benefit from being on Forbes.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: tiggytomb on June 19, 2015, 12:44:46 PM
There are already trillonaires out there, they just don't pop up on Forbes because they've spreaded their wealth among their family members in purpose to not count as a single individual, but anyone that doesn't think some of the top Rothchilds couldn't own 1 trillion each is delusional. To super mega wealthy wouldn't benefit from being on Forbes.

Yep, there are the Rothchilds, Kissenger and those who are not so much in the public eye that will have a stupid amount of money, funding wars etc, 


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Dilla on June 19, 2015, 01:25:11 PM
What if bill is satoshi  :o


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: RappelzReborn on June 19, 2015, 01:36:00 PM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Meh not sure why people are saying Bill gates , He have to sell a lot of stuff to get that as far as I know , it's not like he have 80 billions cash on banks . Also It took him a lot & a lot of years to have those 80 billion we are talking about here , It took Satoshi probably few years but not that much to develop BTC then have 1 million coin , So the first the price rise , he is a trillionaire without any efforts . no taxes and no shit
But he will need some time too , we have to pass by level which are the halving block reward over the years. also most likely Bill gates will die before reaching One trillion dollar  ::)


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Malin Keshar on June 19, 2015, 01:43:49 PM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Meh not sure why people are saying Bill gates , He have to sell a lot of stuff to get that as far as I know , it's not like he have 80 billions cash on banks . Also It took him a lot & a lot of years to have those 80 billion we are talking about here , It took Satoshi probably few years but not that much to develop BTC then have 1 million coin , So the first the price rise , he is a trillionaire without any efforts . no taxes and no shit
But he will need some time too , we have to pass by level which are the halving block reward over the years. also most likely Bill gates will die before reaching One trillion dollar  ::)

No one has 80 B in bank, let alone in cash.

They measure how rich someone is by how much all the stuffs they think they own are worth, according to the measurements of whoever is making the calculations.

You might disagree with their measures, but it is the same measure for everyone, and wouldn't be much different for satoshi because he can't just dump trillions and expect to get the money, so most of their fortune would be unable to be cashed out instantly, much like most of the rich's money are, because they would need to sell their stuff(gold/houses/Microsoft's/etc..)


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: spazzdla on June 19, 2015, 02:54:36 PM
The rothschilds familiy wealth is around 500T...

Sooo ya...


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: hellscabane on June 19, 2015, 05:41:30 PM
If we are talking in terms of USD, neither. Bill Gates, couldn't reach that level of capitalization if he tried. Consider that in order to accumulate $1T, you'd have to combine the net worths of the 24 richest billionaires in the world, and they come from all sorts of sectors.

As for Satoshi, $1T means that each bitcoin would have to cost $1M.

Don't think either is happening.

As for people who spout out stuff about the Rothschild family, if you combine all of their option-styled monies, that would be a few trillion, but in terms of pure M0 and RFC assets, it's only a fraction of that.

I'm also seeing insane comments about their overall value being worth in the hundreds of trillions. Think about it, the global M3 supply is estimated to be around $78T; if you assume those estimates are extremely conservative, you could create a value that is around $130T. For those of you who claim that their fortunes are multiples of that, you really need to take a pause and think about the validity of that...


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: randy8777 on June 19, 2015, 05:54:50 PM
it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: gentlemand on June 19, 2015, 06:01:38 PM
it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

50 years is a long time with plenty of inflation to go too. Who knows what wonders are yet to emerge and who might corner their market?

If some little fella in his garage comes up with a guaranteed way to reawaken your dead loved ones or extend your life by 100 years, there's a pretty hefty market for that.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: futureofbitcoin on June 19, 2015, 07:37:03 PM
it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.
How do you know? It's been predicted that there are going to be 10 trillionaires by 2060. By people who are much more knowledgeable and powerful than you, with the resources to conduct actual research.

@everyone else:

You guys clearly don't understand what net worth means. Satoshi doesn't need to sell his coins and turn them into USD to be worth 1 trillion or whatever other number. Sure, selling 100000 btc will crash the price, but it's the same with with selling a huge % of Microsoft shares, or apple shares, or whatever else. All these billionaires you see on the net and TV don't necessarily have 1 billion CASH... most of them just hold significant stock in companies with a high market cap, similar to what would happen to Satoshi if bitcoin goes "to the moon".


Bill gates will almost certainly not become a trillionaire. If we were to just pick from the two, I'd say that Satoshi has a better chance.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: johnyj on June 19, 2015, 10:55:24 PM
Many bankers are trillionaires, especially the FED's stock holder, which is a guarded secret. The ownership of banks can become extremely complex thus no one really understand who owns the bank, but bank owners are definitely among the trillionaire club

In fact, the ownership is not important, the most important is the ability to control. Even if you have no money at your personal account, but you can control a bank to drive large acquisition operation, you can achieve much more influence than Bill Gates. And I suppose that banks can freeze Bill Gates' account easily, so Bill Gates really have no control over any bank, he is the game player while the banks are game designer

Before, nobles and kings used to have control over banks, but Rothschild family invented the way to virtualize their wealth into stocks/bonds/asset certificates around the world, thus avoided control from the greedy monarchs


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Mellnik on June 19, 2015, 10:57:32 PM
Billy is retired.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 19, 2015, 11:57:07 PM
Billy is retired.

He also made more money last year than 99.99% of non-retired people. Even when he's not working, his money is. His money never takes a break. It's just there collecting interest, collecting dividends, and growing like a snowball rolling down a neverending hill.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Btree on June 19, 2015, 11:59:01 PM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Bill gates he have a big company and strong capital to growth hes money


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: futureofbitcoin on June 20, 2015, 12:41:41 AM
except bill gates is giving a lot of money to charity. If it was his life goal to reach a trillion he may be able to, but that's not his goal.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 20, 2015, 01:31:54 AM
except bill gates is giving a lot of money to charity. If it was his life goal to reach a trillion he may be able to, but that's not his goal.

Is it Satoshi's goal?


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: futureofbitcoin on June 20, 2015, 01:42:19 AM
It doesn't need to be. Satoshi doesn't have to do anything because there are tens of thousands of people who want to see bitcoin's price increase, and it certainly has the possibility of doing so.

Whereas for Bill Gates, having Microsoft or whatever else he's invested in increase its marketcap by 15x is not very likely. And if it did, Bill Gates would just put more money into charity.

We haven't seen any evidence of Satoshi feeling the need to exchange or get rid of his bitcoins yet.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Amph on June 20, 2015, 07:17:02 AM
except bill gates is giving a lot of money to charity. If it was his life goal to reach a trillion he may be able to, but that's not his goal.

Is it Satoshi's goal?

if it was he should have sold a good amount at 1200, and help some charity out there, at 1200 you have polenty of money to help someone

fact is we don't know if he sold something at 1200 or not, so maybe he is the reason for the today price, and he is not very rich anymore


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: futureofbitcoin on June 20, 2015, 10:28:56 PM
uh yea we do? Because the first coins mined were not moved???


Unless you're saying that after mining became competitive, satoshi still had the resources to mine like any other miner, and sold those coins. In which case it wouldn't be any different than normal miners selling coins at all.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: randy8777 on June 20, 2015, 10:47:39 PM
it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

50 years is a long time with plenty of inflation to go too. Who knows what wonders are yet to emerge and who might corner their market?

If some little fella in his garage comes up with a guaranteed way to reawaken your dead loved ones or extend your life by 100 years, there's a pretty hefty market for that.

that's the thing, we don't know that. just realistically thinking from current point is that some one reaching trillionaire status is very very far away. maybe not even reachable, if ever.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: futureofbitcoin on June 20, 2015, 10:56:36 PM
it's good fun to see people react serious on a nonsense thread. no single person will reach trillionaire status in the comming 50 or so years.

50 years is a long time with plenty of inflation to go too. Who knows what wonders are yet to emerge and who might corner their market?

If some little fella in his garage comes up with a guaranteed way to reawaken your dead loved ones or extend your life by 100 years, there's a pretty hefty market for that.

that's the thing, we don't know that. just realistically thinking from current point is that some one reaching trillionaire status is very very far away. maybe not even reachable, if ever.
realistically thinking and extrapolating from current trends, there will be 10 trillionaires in 2060. You're not thinking realistically, you're imagining the world based on the very little that you know, and thinking it's the whole truth. Which is kind of typical, everyone does that to a certain extent.



Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: fishy91 on June 20, 2015, 11:00:36 PM
Many bankers are trillionaires, especially the FED's stock holder, which is a guarded secret. The ownership of banks can become extremely complex thus no one really understand who owns the bank, but bank owners are definitely among the trillionaire club

In fact, the ownership is not important, the most important is the ability to control. Even if you have no money at your personal account, but you can control a bank to drive large acquisition operation, you can achieve much more influence than Bill Gates. And I suppose that banks can freeze Bill Gates' account easily, so Bill Gates really have no control over any bank, he is the game player while the banks are game designer

Before, nobles and kings used to have control over banks, but Rothschild family invented the way to virtualize their wealth into stocks/bonds/asset certificates around the world, thus avoided control from the greedy monarchs

Bill Gates's maternal grandfather was J.W Maxwell, the creator and president of Seattle's National City bank. At a guess he probably owned a large share of that bank, and controlled it. Bill Gates's family was probably already extremely rich before he was even born. Perhaps the money he has added to that of his extended family would already make a trillion.

https://en.wikipedia.org/?title=Bill_Gates

Quote
...his mother served on the board of directors for First Interstate BancSystem and the United Way. Gates's maternal grandfather was JW Maxwell, a national bank president.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: ajareselde on June 21, 2015, 03:10:32 AM
The very fact that Satoshi can be compared as an right opponent for Bill Gates says a lot. imho both of them don't care about the money and figures anymore,
it's not about that, it's about doing something worthy of leaving behind as a legacy.

In theory, if they were to face in a rally to that trillion figure , i believe Bill would win tho. Even tho Satoshi made bitcoin, he has no more power over it, just the supposed bitcoins he still owns.
On the other hand, Bill has both liquidity and infrastructure to do just about anything he desires.

cheers


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: masterzino on June 21, 2015, 03:14:27 AM
In before Satoshi can't remember his bitcoin wallet's password, lol. I think it's unlikely that either of them become a trillionaire tbh.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: ArticMine on June 21, 2015, 05:19:38 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?
Bill Gates, why? Well, he has a company which is leading the technology and computer, which is essential for Bitcoins :D

Satoshi. If s/he has 1 million XBT then s/he is well ahead, unless of course s/he stored her/his XBT on a Microsoft Windows computer and lost it to one of the 10s of millions of Windows malware. By the the way there is nothing in Microsoft's products that is essential for Bitcoin and furthermore any Bitcoin user would be very well advised to stay well away from Microsoft products if they wish to hang on to their Bitcoins.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: NorrisK on June 21, 2015, 09:42:49 AM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Odalv on June 21, 2015, 09:51:19 AM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

How do you know that Bill Gates do not own 1,000,000 BTC ? ... it would be less than 1% of his wealth in BTC


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Btree on June 21, 2015, 09:53:20 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

satosi will be The First Trillionaire


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: fishy91 on June 21, 2015, 12:14:19 PM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

How do you know that Bill Gates do not own 1,000,000 BTC ? ... it would be less than 1% of his wealth in BTC

How do you know that Bill Gates isn't Satoshi? In that case both Bill Gates and Satoshi would become trillionaires at exactly the same time and a damn sight faster than anyone would have expected.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Anirban Sarkar on June 21, 2015, 01:06:41 PM
lol.... well it a very interesting question and answer is also interesting to give but reality is real and we have to wait ..!!! to see


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: adzino on June 21, 2015, 01:41:04 PM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

satosi will be The First Trillionaire

And how did you guess that satoshi will be the first trillionaire? Being realistic, none of them is going to be trillionaire. Even Bill Gates isn't no where near being a trillionaire.

But assuming one of them gets to be a trillionaire it's going to Bill Gates as he has a huge company and a strong capital


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: TinEye on June 21, 2015, 01:48:52 PM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

How do you know that Bill Gates do not own 1,000,000 BTC ? ... it would be less than 1% of his wealth in BTC

How do you know that Bill Gates isn't Satoshi? In that case both Bill Gates and Satoshi would become trillionaires at exactly the same time and a damn sight faster than anyone would have expected.

because there is no proof of it being satoshi, and the burden of proof is on the claimant, you can't simply say satoshi is that satoshi is this, without providing proof, otherwise i can just imput that satoshi was an animal, and no one would say otherwise, anyway i don't think satoshi is bill gates they have different attitude


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: BillyBobZorton on June 22, 2015, 12:53:14 AM
The rothschilds familiy wealth is around 500T...

Sooo ya...

And there are less than 100 Rothchilds alive, and there are tons of Rothchilds out there that aren't that relevant and don't have much novelty and therefore aren't holding any of the good ol old money. Therefore there is an elite within the Rothchilds and im pretty sure, doing some simple math, that more than 1 Rothchild is holding a couple trillions in a combination of mansions, gold and art alone.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 22, 2015, 01:21:30 AM
The rothschilds familiy wealth is around 500T...

Sooo ya...

And there are less than 100 Rothchilds alive, and there are tons of Rothchilds out there that aren't that relevant and don't have much novelty and therefore aren't holding any of the good ol old money. Therefore there is an elite within the Rothchilds and im pretty sure, doing some simple math, that more than 1 Rothchild is holding a couple trillions in a combination of mansions, gold and art alone.

Realistically, guys like Vladimir Putin and the leaders of China are squirreling away billions if not trillions. But we can only count the people who have their wealth documented publicly.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: ajareselde on June 22, 2015, 01:37:12 AM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

Well that depends if bitcoin will end up where it belongs, or it's going to be beaten off by banks and givernment. In the case no#1 it would trully be better off with
1 million bitcoin rather than with fiat, since fiat can be(is) printed 24/7 and will continue to inflate, where in bitcoin's case it will always be under 21 million.
And if Bill is to invest into bitcoin, he could easily outnumber Satoshi in count of coins.

cheers


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Cconvert2G36 on June 22, 2015, 01:52:36 AM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

Well that depends if bitcoin will end up where it belongs, or it's going to be beaten off by banks and givernment. In the case no#1 it would trully be better off with
1 million bitcoin rather than with fiat, since fiat can be(is) printed 24/7 and will continue to inflate, where in bitcoin's case it will always be under 21 million.
And if Bill is to invest into bitcoin, he could easily outnumber Satoshi in count of coins.

cheers

Watch that slippage!  :o


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: gentlemand on June 22, 2015, 01:54:20 AM

Watch that slippage!  :o

Bill's in the charity business now. He'll extend that kindness to enriching the early adopters because he's nice that way. They're more deserving than a few million poor and sick people anyway.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: manselr on June 22, 2015, 06:03:45 PM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

Well that depends if bitcoin will end up where it belongs, or it's going to be beaten off by banks and givernment. In the case no#1 it would trully be better off with
1 million bitcoin rather than with fiat, since fiat can be(is) printed 24/7 and will continue to inflate, where in bitcoin's case it will always be under 21 million.
And if Bill is to invest into bitcoin, he could easily outnumber Satoshi in count of coins.

cheers

I don't think Bill will invest in Bitcoin, or at least publicly. Im convinced he owns some, not a serious stack (by his standards), but im sure he owns quite a bit compared to all of us. Hell Microsoft accepts Bitcoin, and he has talked positively about it, so im sure he got some. But making it public? Not sure if it would benefit him. Bitcoin has some anarcho-capitalist like features that he doesn't enjoy.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 22, 2015, 06:11:04 PM

I don't think Bill will invest in Bitcoin, or at least publicly. Im convinced he owns some, not a serious stack (by his standards), but im sure he owns quite a bit compared to all of us. Hell Microsoft accepts Bitcoin, and he has talked positively about it, so im sure he got some. But making it public? Not sure if it would benefit him. Bitcoin has some anarcho-capitalist like features that he doesn't enjoy.

Bill Gates never reveals his real political views, but we can look at his actions.

He's not a fan of anti-trust and anti-competition laws.

He doesn't respect intellectual property/patent laws.

He doesn't seem to give a lot of aid money to African governments but he privately helps Africans with his private foundation.
 
It's likely that he holds some anti-government views but he's never going to admit it because it would hamper him professionally.

I agree with you because I also think he owns bitcoins and is funding bitcoin research and development or at least exploring ways to use bitcoin. But he simply can't accumulate 1 million bitcoins or anywhere near it without sending the price skyrocketing. The more he buys, the harder it gets to buy. Satoshi has a giant headstart and it's only going to get harder and harder to catch up to him no matter how rich you are.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Amph on June 22, 2015, 07:21:01 PM

I don't think Bill will invest in Bitcoin, or at least publicly. Im convinced he owns some, not a serious stack (by his standards), but im sure he owns quite a bit compared to all of us. Hell Microsoft accepts Bitcoin, and he has talked positively about it, so im sure he got some. But making it public? Not sure if it would benefit him. Bitcoin has some anarcho-capitalist like features that he doesn't enjoy.
I agree with you because I also think he owns bitcoins and is funding bitcoin research and development or at least exploring ways to use bitcoin. But he simply can't accumulate 1 million bitcoins or anywhere near it without sending the price skyrocketing. The more he buys, the harder it gets to buy. Satoshi has a giant headstart and it's only going to get harder and harder to catch up to him no matter how rich you are.

he could in theory buy 2k btc per day, in 1.5 years he would reach one million, basically he should equate the dumping from the miners, the price will rise if he do that because the demand and supply is well balanced now

but if he can divide his buying in multiple small one, let's say 200 btc every hours, for 10 hours a day, the price should not jump by much

he can match satoshi in this way, but he need to move nnow that coins are cheap


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 22, 2015, 07:33:46 PM

I don't think Bill will invest in Bitcoin, or at least publicly. Im convinced he owns some, not a serious stack (by his standards), but im sure he owns quite a bit compared to all of us. Hell Microsoft accepts Bitcoin, and he has talked positively about it, so im sure he got some. But making it public? Not sure if it would benefit him. Bitcoin has some anarcho-capitalist like features that he doesn't enjoy.
I agree with you because I also think he owns bitcoins and is funding bitcoin research and development or at least exploring ways to use bitcoin. But he simply can't accumulate 1 million bitcoins or anywhere near it without sending the price skyrocketing. The more he buys, the harder it gets to buy. Satoshi has a giant headstart and it's only going to get harder and harder to catch up to him no matter how rich you are.

he could in theory buy 2k btc per day, in 1.5 years he would reach one million, basically he should equate the dumping from the miners, the price will rise if he do that because the demand and supply is well balanced now

but if he can divide his buying in multiple small one, let's say 200 btc every hours, for 10 hours a day, the price should not jump by much

he can match satoshi in this way, but he need to move nnow that coins are cheap

Yes Bill, if you're reading this, then you need to get started now. Buy 3600 coins per day. Miners are dumping for cheap. Next year, there will only be 1800 per day.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Natalia_AnatolioPAMM on June 22, 2015, 09:04:21 PM
Bill Gates definitely. there's no point to make a pool ;)


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: mrhelpful on June 23, 2015, 12:32:01 AM
one of the richest guys on this planet, hes probably going to hit it first.

its like saying which is faster, sales or eventual growth. microsoft can come out with more xboxs or whatever and boom he just got richer.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: lissandra on June 23, 2015, 01:56:53 AM
if he has stupid purchasing power, he can play on both sides.

so theres no such thing as competiton then as a trillionaire lol.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: arvis on June 23, 2015, 06:06:11 PM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

With the slow growth rate of Bill Gate's wealth, he may never reach 1 trillion.  :)


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Zorrocoin on June 23, 2015, 06:32:49 PM
If satoshi still has all the bitcoins he mined at start then he will become trillionaire for sure before 2020, but if he already dumped them or burned them then there are less chances of this


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: gentlemand on June 23, 2015, 06:45:30 PM

With the slow growth rate of Bill Gate's wealth, he may never reach 1 trillion.  :)

Let's all do the right thing and donate. He can be our trillionaire if we all work together.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Cearea11 on June 23, 2015, 06:50:04 PM
Some researches said that Bill Gates will become the first trillionaire but he have to wait 25 years (2040). So probably the owner of Microsoft will be the main target of thieves ;D  ;D


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: neurotypical on June 23, 2015, 11:58:29 PM
Some researches said that Bill Gates will become the first trillionaire but he have to wait 25 years (2040). So probably the owner of Microsoft will be the main target of thieves ;D  ;D

I could very well be the case because I don't see any other company dethroning the hegemony of Microsoft when it comes to Operating Systems, same as I don't see any company dethroning Apple when it comes to mobile devices.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: gentlemand on June 24, 2015, 12:07:49 AM

I could very well be the case because I don't see any other company dethroning the hegemony of Microsoft when it comes to Operating Systems, same as I don't see any company dethroning Apple when it comes to mobile devices.

Myspace, Kodak, Blackberry. Once upon a time all of them looked down from the top of the tree and sneered. Fortunes change.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: trinaldao on June 24, 2015, 07:41:33 AM
Some researches said that Bill Gates will become the first trillionaire but he have to wait 25 years (2040). So probably the owner of Microsoft will be the main target of thieves ;D  ;D

satosi nakamoto need only 1hit
if some 1 pump bitcoin to 100.00$ satosi nakamoto will be 1st trillionare  ::)


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: freedomno1 on June 24, 2015, 08:45:06 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Both will die before they get to that level of wealth, but the assumption is that the wealth can be passed on
So given time I guess Bitcoin will make it if the technology is still used and valued as the owner of the key continues to own those coins in perpetuity :)


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Vhawk23 on June 24, 2015, 08:57:56 AM
I think Satoshi will be the first trillionaire
1 bitcoin is 300-400$ right now.
and maybe so many miners are out there mining bitcoins right now
while Bill Gates earn 100$/secs, which per-day he earns 86400$
and while satoshi... maybe he already had more than 86400$
so yup, i chose satoshi ;D


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Cearea11 on June 24, 2015, 09:33:02 AM
Some researches said that Bill Gates will become the first trillionaire but he have to wait 25 years (2040). So probably the owner of Microsoft will be the main target of thieves ;D  ;D

I could very well be the case because I don't see any other company dethroning the hegemony of Microsoft when it comes to Operating Systems, same as I don't see any company dethroning Apple when it comes to mobile devices.

In mobile devices apple is the most famous company but android by Google is the most spreaded OS and Google haven't just one CEO. In fact, if they had only one, there would be no chances for Satoshi and Gates.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Zorrocoin on June 24, 2015, 09:38:23 AM
I think Satoshi, if he has all those bitcoins with him.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Lorenzo on June 24, 2015, 10:35:57 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Here's an excerpt from an article from April 4, 1998 (17 years ago):

Quote from: CNET
Bill Gates's net worth now stands at about $50 billion, thanks to the recent run-up in Microsoft's stock to an all-time high. That means the Microsoft chief executive's personal net worth is more than the combined market value of Oracle, Sun Microsystems, and Netscape Communications.

Link: http://news.cnet.com/Gates-worth-50-billion/2100-1023_3-209852.html

According to the latest figures from Forbes (link (http://www.forbes.com/profile/bill-gates/)), his net worth now stands at about $79 billion. Thing is, $50 billion back in 1998 would have been worth the equivalent of about $75 billion today so when measured in terms of purchasing power, the size of his wealth today isn't really any different from its size back in 1998.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Amph on June 24, 2015, 11:57:37 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?

Here's an excerpt from an article from April 4, 1998 (17 years ago):

Quote from: CNET
Bill Gates's net worth now stands at about $50 billion, thanks to the recent run-up in Microsoft's stock to an all-time high. That means the Microsoft chief executive's personal net worth is more than the combined market value of Oracle, Sun Microsystems, and Netscape Communications.

Link: http://news.cnet.com/Gates-worth-50-billion/2100-1023_3-209852.html

According to the latest figures from Forbes (link (http://www.forbes.com/profile/bill-gates/)), his net worth now stands at about $79 billion. Thing is, $50 billion back in 1998 would have been worth the equivalent of about $75 billion today so when measured in terms of purchasing power, the size of his wealth today isn't really any different from its size back in 1998.

basically bitcoin need to reach a level around 80k, to allow satoshi to match Gate's treasures

because 1M btc x 80000 + is 80B, not that easy to happen


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Q7 on June 24, 2015, 02:14:50 PM
That is a very interesting assumption. I guess if bitcoin price suddenly went up 4000 times or higher overnight, which is by the way very much unlikely, it could mean that sathoshi will become the first person to become trillionaire and beat bill gates. I think if you were to ask me, I still think bill stands a better chance because his business model is more conceivable.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: jehst on June 24, 2015, 09:28:13 PM
That is a very interesting assumption. I guess if bitcoin price suddenly went up 4000 times or higher overnight, which is by the way very much unlikely, it could mean that sathoshi will become the first person to become trillionaire and beat bill gates. I think if you were to ask me, I still think bill stands a better chance because his business model is more conceivable.

No one said overnight.


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: Btree on June 29, 2015, 07:56:44 AM
I guess it is more beneficial in the long run to be a bitcoin millionaire than a fiat trillionaire ;)

Bill Gates wealth did not grow that fast over the recent years right? He still has a long way to go..

How do you know that Bill Gates do not own 1,000,000 BTC ? ... it would be less than 1% of his wealth in BTC

How do you know that Bill Gates isn't Satoshi? In that case both Bill Gates and Satoshi would become trillionaires at exactly the same time and a damn sight faster than anyone would have expected.

because there is no proof of it being satoshi, and the burden of proof is on the claimant, you can't simply say satoshi is that satoshi is this, without providing proof, otherwise i can just imput that satoshi was an animal, and no one would say otherwise, anyway i don't think satoshi is bill gates they have different attitude

Think about Tax fee for transaction,

Price of bitcoin can up to 20.000$ or unlimited that why satosi will be 1st trillionare


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: bf4btc on June 29, 2015, 08:07:27 AM
I very much doubt neither will get become trillionares, but if one was to make it. Would probably be satoshi, now will he be around to enjoy and spend it..


Title: Re: Who will become a trillionaire first: Bill Gates or Satoshi?
Post by: siwakotisaurav on June 29, 2015, 08:14:13 AM
Bill Gates' wealth is growing like a snowball. Now it is 79.3 billion USD
Satoshi, with roughly 1 million bitcoin, is worth 250 million USD. Thus, Satoshi's fortune is hundreds of times smaller than Bill Gates.

Who do you think will reach 1 trillion first and why?
Bill Gates, why? Well, he has a company which is leading the technology and computer, which is essential for Bitcoins :D
I donīt think thats the reason behind his wealth, the main reason for his wealth increasing is his careful investment in shares of other companies.