Bitcoin Forum

Economy => Economics => Topic started by: kaselit on November 08, 2015, 06:24:21 PM



Title: UPDATE
Post by: kaselit on November 08, 2015, 06:24:21 PM
UPDATE


Title: Re: My 21BTC Dream
Post by: blackmachinegun on November 08, 2015, 07:20:27 PM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.


Title: Re: My 21BTC Dream
Post by: smiletyson on November 08, 2015, 07:24:29 PM
It's a really nice *plan*. But you're too eager, just think about mass adoption. There're billions of people and you want 1/1mil of the total coins, it won't be a good welth distribution.


Title: Re: My 21BTC Dream
Post by: winguard on November 08, 2015, 07:37:50 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

The question is.. After your long wait of 15 years and Bitcoins will not reach $1M each in value. How would you feel? There's just no way Bitcoins will become so much in value in that time frame or perhaps in your lifetime.


Title: Re: My 21BTC Dream
Post by: actmyname on November 08, 2015, 07:48:40 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

The question is.. After your long wait of 15 years and Bitcoins will not reach $1M each in value. How would you feel? There's just no way Bitcoins will become so much in value in that time frame or perhaps in your lifetime.
Quite true. It's unlikely that after 15 years, Bitcoin will reach a price of 1 million each. I personally don't feel like that amount of demand will come to Bitcoins that easily, unless there's some catastrophic event that unfolds which makes Bitcoins super valuable.


Title: Re: My 21BTC Dream
Post by: iv4n on November 08, 2015, 08:25:55 PM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.

I`m trying to do same thing. To be honest I don`t have enough to buy 1 BTC. I`m trying to make something on several places, gambling also.. I invested once in some in beggining, of course that was scams. I`m trying to get into trading, but that is too hard for a newbie like me so it`s for a very little amounts. I think this dream is nice, you have around 10000 dolars and you choose bitcoin to invest in it well done. More people like you will push the bitcoin price for sure. But from my point of view I would try to make more from that money, cause I`m not in position to wait so much for some income. Good luck, I hope we will be here to talk for 5/10/15 year`s and to review everything we could do now but we didn`t. 


Title: Re: My 21BTC Dream
Post by: mr.coinstrader on November 08, 2015, 08:34:17 PM
Dreams do come true but sometimes dreams become nightmares.

There's always a risk but if you have faith on bitcoin, go buy your dream :) I'll just wish you good luck.


Title: Re: My 21BTC Dream
Post by: NorrisK on November 08, 2015, 08:44:24 PM
Did you think about the effect this valuation would have on the value of the dollar?

It would be very likely that if bitcoin reaches one million usd per coin, it has nowhere near the purchasing power that it has today. Maybe 10k usd could hardly get you by in a month at that time due to mass inflation.


Title: Re: My 21BTC Dream
Post by: Denker on November 08, 2015, 09:44:44 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

If you have that much money to invest in Bitcoin and know about the risk then do it.But you should really only invest money which you can afford to lose.
Being excited about Bitcoin is great. But try to stay realistic and don't get greedy.
How long do you know about Bitcoin?Since when you are following it?
Have you ever experienced the rollercoaster before? Feels much much different when you're invested into something.
So maybe start to buy a few first and then accumulate over time.


Title: Re: My 21BTC Dream
Post by: rax on November 08, 2015, 09:59:17 PM
I'm just surprised a doe-eyed fool like you still has even a grand to spare on anything.


Title: Re: My 21BTC Dream
Post by: BillyBobZorton on November 08, 2015, 10:57:14 PM
It's a really nice *plan*. But you're too eager, just think about mass adoption. There're billions of people and you want 1/1mil of the total coins, it won't be a good welth distribution.
What does this have to do with mass adoption? Bitcoins can be divided infinitesimaly, it doesn't matter if there is only 1 BTC available and it's worth 1 billion, it can be divided. Also yes, owning 21 BTC is my dream too for a long term storage. Anyone not seeing the amazing opportunity that owning 21 BTC is, is an idiot at this point.


Title: Re: My 21BTC Dream
Post by: Triple on November 08, 2015, 10:59:45 PM
If you truly believe BTC is the future, then that's a hell of an investment. I wish you the best of luck. I really hope you keep to your word though. Don't sell off your coins just because you see a decrease.


Title: Re: My 21BTC Dream
Post by: pattu1 on November 09, 2015, 12:06:05 AM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.

The OP has already worked hard to get the fiat needed to buy 21 BTC.
It doesn't matter whether you earn BTC, or earn fiat and convert it to BTC.


Title: Re: My 21BTC Dream
Post by: expert4knowledge on November 09, 2015, 12:27:31 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
You have very sweat dream and there is no limitation in dreaming!


Title: Re: My 21BTC Dream
Post by: seoincorporation on November 09, 2015, 01:01:10 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

The hard part of your dream is when the value of btc hit 1M/1btc... I'm really optimist and hope your dream come true, but see that prize will be hard.


Title: Re: My 21BTC Dream
Post by: saturn643 on November 09, 2015, 01:25:33 AM
I highly doubt Bitcoin will reach $1 million in 15 years. I think it will take at a minimum, 50 years. But you can wait that long right?

If you do this, make sure that your Bitcoins are secure. You will need to probably encrypt the wallets, since 21 Bitcoin is quite an amount right now. You should have them on paper wallets because paper wallets cannot have hardware failures like computers and flash drives do. You will need passwords that you will never forget, and someone with 50 years of password cracking cannot break. You will need something that can stand up to new technologies, like potentially quantum computers. And you will need to will to not spend the Bitcoin before you reach your goal.

Good luck.


Title: Re: My 21BTC Dream
Post by: botany on November 09, 2015, 01:31:40 AM
Only invest the money you can afford to lose. If you have the money to spend, you should go for it. If BTC goes to $100, you shouldn't be disheartened. If it does go to $1 million, consider it a bonus.


Title: Re: My 21BTC Dream
Post by: romjpn on November 09, 2015, 01:33:18 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

The question is.. After your long wait of 15 years and Bitcoins will not reach $1M each in value. How would you feel? There's just no way Bitcoins will become so much in value in that time frame or perhaps in your lifetime.
Quite true. It's unlikely that after 15 years, Bitcoin will reach a price of 1 million each. I personally don't feel like that amount of demand will come to Bitcoins that easily, unless there's some catastrophic event that unfolds which makes Bitcoins super valuable.

No one knows actually. Technology is progressing very fast those days and I think we will see major changes quite soon.


Title: Re: My 21BTC Dream
Post by: Nahl on November 09, 2015, 03:38:29 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
1 btc = 1M $ ?
and that is very beautiful dreams because in the real life i pretty doubt the bitcoin price will reach to that price


Title: Re: My 21BTC Dream
Post by: pissedoff on November 09, 2015, 03:43:28 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
1 btc = 1M $ ?
and that is very beautiful dreams because in the real life i pretty doubt the bitcoin price will reach to that price

Its highly unlikely that the bitcoin price will rise that high, But who knows after 5/10/15 years it might be possible.


Title: Re: My 21BTC Dream
Post by: zeraTunerse on November 09, 2015, 03:47:01 AM

2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

You also dream of AIDS and SLA , i cant believe it maybe in future at the time you are expecting the antidote for Aids will come and you wont have to spend much money on that as govt will distribute it for free as polio drops.


Title: Re: My 21BTC Dream
Post by: saturn643 on November 09, 2015, 03:50:32 AM

2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

You also dream of AIDS and SLA , i cant believe it maybe in future at the time you are expecting the antidote for Aids will come and you wont have to spend much money on that as govt will distribute it for free as polio drops.
I think he was saying that he wants to donate 2 Million to research about those things to help others, not for his own medical expenses.


Title: Re: My 21BTC Dream
Post by: zeraTunerse on November 09, 2015, 03:53:21 AM

2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

You also dream of AIDS and SLA , i cant believe it maybe in future at the time you are expecting the antidote for Aids will come and you wont have to spend much money on that as govt will distribute it for free as polio drops.
I think he was saying that he wants to donate 2 Million to research about those things to help others, not for his own medical expenses.

Yeah i didn't read the first word following diseases , It is indeed a good initiative but a future one and i cant say if the price will be to the moon or to the ditch.


Title: Re: My 21BTC Dream
Post by: n2004al on November 09, 2015, 06:13:31 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

I can't find the meaning of your M after the 21. But if M mean million you must wait to long and must be very young to arrive such price. And to tell the right I have no hopes that bitcoin will arrive this price some day. But as a bitcoiner don't exclude nothing about it.

As for the spread of your million dollars have from your 21 bitcoins I find wrong the second option because, I think, that they will be in the other world (sorry for that) when that price of bitcoin will be in that amount.

Anyhow it is a good thing have dreams. Even better if are big dreams. Make the life easier and happier.


Title: Re: My 21BTC Dream
Post by: Amph on November 09, 2015, 07:30:19 AM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.

eh really difficult, to do this now, and you don't have much time left, because when the price increase for the halving, all the earning will be reduced greatly, the time of big earning in bitcoin has ended already

only buying remain out there


Title: Re: My 21BTC Dream
Post by: elyas772 on November 09, 2015, 07:38:49 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

nice dream :)
i hope you can realize it


Title: Re: My 21BTC Dream
Post by: NordicRanger on November 09, 2015, 08:44:54 AM
Nice dreams/goals

Too bad you can't personally control when and how the bitcoin will rise in value

I doubt it will rise up to 1mill the next 15 - 20 years

Here's to dreaming!


Title: Re: My 21BTC Dream
Post by: gkv9 on November 09, 2015, 08:55:41 AM
Dream is great, but you are talking about something too good to be true...
You are saying that BTC will reach $1M, which seems impossible at present seeing that it couldn't even rise to $1k...


Title: Re: My 21BTC Dream
Post by: Sir_lagsalot on November 09, 2015, 09:17:01 AM
Your dream is what it is - a dream. There are a lot of bitcoin obsessors out there, who believe bitcoin will go into the millions. It will not, maybe it will reach the hundred thousands. With the coming halving, you really can't be sure whether Bitcoin is even going to go up. Sorry for the bad support bitcoin, I also hope for you to hit a million, but dreams... are still dreams.

Or, come back in 5 years and prove me wrong!


Title: Re: My 21BTC Dream
Post by: gkv9 on November 09, 2015, 10:33:51 AM
For now, is a dream. But i don't wanna wake up in 10 years and say to my self "If I only had invested on my feeling...". I'll never can say "I did not try".

However, BTC has potentials.

You won't, if you have the courage to take real life risks and challenges... ;)
And yes, if you are actually going to buy that much amount of sum, I would suggest you to put them in parts and not in a single wallet, and if you think you are good at investing online, you may go for investing on games that are being popped-up nowadays where others are investing too, I mean some dice games and brain games, etc...
In that case, many factors will work, but you have the chance to grow your BTC instead of sitting back with it expecting the price to rise that high...


Title: Re: My 21BTC Dream
Post by: Mickeyb on November 09, 2015, 12:05:42 PM
OP, congratulations on your investment. It's good to see that you have a plan. I won't reveal how many coins I do have, but I share your plan. I won't touch them in the next 5 years, so let's see where will this take me.

Now just make sure that you take good care of them. Paper wallet or a hardware wallet like Trezor is a must!


Title: Re: My 21BTC Dream
Post by: BillyBobZorton on November 09, 2015, 01:06:59 PM
No matter if we reach 100K or 1 million, we'll reach 10K guaranteed in less than 10 decades and therefore owning 21 BTC is already a success, you are on the winning team while the rest are still stuck in the middle ages.


Title: Re: My 21BTC Dream
Post by: mcplums on November 09, 2015, 01:15:08 PM
OP, congratulations on your investment. It's good to see that you have a plan. I won't reveal how many coins I do have, but I share your plan. I won't touch them in the next 5 years, so let's see where will this take me.

Now just make sure that you take good care of them. Paper wallet or a hardware wallet like Trezor is a must!

I thought about split it in 20 addresses of a password protected wallet... with seed and backup. Is not enough?

I don't think there's any point in splitting it over multiple addresses, if they're all going to be stored the same way. Just increases your chances of losing them.

But I am with you on your dream, I have done something very similar to you. I store mine on an offline raspberry pi using the Electrum wallet. Perfect for long term cold storage.



Title: Re: My 21BTC Dream
Post by: Mickeyb on November 09, 2015, 01:26:07 PM
OP, congratulations on your investment. It's good to see that you have a plan. I won't reveal how many coins I do have, but I share your plan. I won't touch them in the next 5 years, so let's see where will this take me.

Now just make sure that you take good care of them. Paper wallet or a hardware wallet like Trezor is a must!

I thought about split it in 20 addresses of a password protected wallet... with seed and backup. Is not enough?

I don't think there's any point in splitting it over multiple addresses, if they're all going to be stored the same way. Just increases your chances of losing them.

But I am with you on your dream, I have done something very similar to you. I store mine on an offline raspberry pi using the Electrum wallet. Perfect for long term cold storage.



Yes, if you are not gonna stored them on 20 USB keys I don't see the point of splitting them. And I don't think you will do that. You might as well keep them all in one address and making 3 USB backups. Just make sure your machine is malware free.

And remember, there is not only one way to store your coins safely. There are many ways, and all of these ways are safe enough if done correctly.


Title: Re: My 21BTC Dream
Post by: devil11 on November 09, 2015, 01:29:18 PM
I like your dream. But if you want to get this dream in true, you should have to work very hard. You have to make many effort, and i also want same thing like this ! :) It is my also dream.


Title: Re: My 21BTC Dream
Post by: andysbizz on November 09, 2015, 01:35:54 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Nice dream, but I do not think that the high price of Bitcoin reach


Title: Re: My 21BTC Dream
Post by: randy8777 on November 09, 2015, 01:42:53 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Nice dream, but I do not think that the high price of Bitcoin reach

that's why it is called a dream. it has nothing to do with the reality. my dream is for bitcoin to reach $10,000 at some point in the future. it's not realistic right now, but it will be in the future.


Title: Re: My 21BTC Dream
Post by: zodiac3011 on November 09, 2015, 03:46:45 PM
I think you can get a lot of profit ;D just think of 5/10 years later... bitcoin will become scarcer due to the halving which pumps the price up ;D yeah you can dream whatever you want!


Title: Re: My 21BTC Dream
Post by: StevenLiang on November 09, 2015, 05:14:16 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Nice dream, but I do not think that the high price of Bitcoin reach

that's why it is called a dream. it has nothing to do with the reality. my dream is for bitcoin to reach $10,000 at some point in the future. it's not realistic right now, but it will be in the future.

$10,000 is reachable. And i think in future it can be reached.
$1,000,000 for 1BTC in next 15 year.

Maybe you need to make some mini game for that.
Please don't troll in here.


Title: Re: My 21BTC Dream
Post by: Coxe on November 09, 2015, 09:10:21 PM
The price of bitcoin might reach $1m each in a few decades. The US national debt is $19 trillion. If that is represented in bitcoin, that will be $1.3 million for each bitcoin.


Title: Re: My 21BTC Dream
Post by: Wexlike on November 09, 2015, 11:20:55 PM
I'll never sell my BTC, except for little exchange to increase my BTC.

Ballsy statement. Let's talk again if Bitcoin continues with a bear market and the recent run-up was just a bull trap.


Title: Re: My 21BTC Dream
Post by: tom555 on November 10, 2015, 02:37:32 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

really impressive dream,and inspiring me to do that too.
but nowdays,i dont have that much for buy bitcoin,but i hope for several years i can do that.
lets hope that bitcoin price will really good for next some years,and about your dream,i think i have to add some option,it was :
1M$ = giveaway for any bitcoiner  ;D
1M$ = make small bitcoin corporate  ;D


Title: Re: My 21BTC Dream
Post by: zimmah on November 10, 2015, 06:28:30 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

The hard part of your dream is when the value of btc hit 1M/1btc... I'm really optimist and hope your dream come true, but see that prize will be hard.

Not at all, consider that only at most 1 million people can even own 21 Bitcoin. 21 Bitcoin is an enormous amount.

It's only your lacking imagination that is holding you back.

And many others who think a Bitcoin isn't worth a million dollars. It's worth more than 1 million dollars.


Title: Re: My 21BTC Dream
Post by: knprest on November 10, 2015, 06:52:57 AM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.
and how are you going to do this? investing? gambling?
i do not consider that work, building from your btc is risky, it is not really work as it is not guaranteed.


Title: Re: My 21BTC Dream
Post by: brianlee01 on November 10, 2015, 07:52:24 AM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.
and how are you going to do this? investing? gambling?
i do not consider that work, building from your btc is risky, it is not really work as it is not guaranteed.
So what way to grow up that BTC from 0.1 to 21Btc?
I think with gambling way but is too risky make it doubled until 21 Btc, Gambling is only rely on luck. And about Investing i don't know about this.

Just wait someone send you 21 btc in your wallet
I think it just dream :D


Title: Re: My 21BTC Dream
Post by: Amph on November 10, 2015, 08:15:35 AM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.
and how are you going to do this? investing? gambling?
i do not consider that work, building from your btc is risky, it is not really work as it is not guaranteed.

he simply work in RL job, and convert a portion to bitcoin, is that simple, a medium wage can already earn you more than 1 btc per months

even with a part-time you can reach 0.5 btc right now, you are still in time to buy a few

at this rate reaching 21, would mean 21 months with a regular job, which is too much, he need something else, to speed up the process


Title: Re: My 21BTC Dream
Post by: coinpr0n on November 10, 2015, 08:21:36 AM
I think that $1M per bitcoin is way over-shooting it for now. And I always liked that scenario where they say: If Bitcoin ever reaches that high, you wouldn't even have to sell them (ie. they are the money).


Title: Re: My 21BTC Dream
Post by: Coxe on November 10, 2015, 03:45:11 PM
I think that $1M per bitcoin is way over-shooting it for now. And I always liked that scenario where they say: If Bitcoin ever reaches that high, you wouldn't even have to sell them (ie. they are the money).

Without popular adoption of bitcoin, the price will not be more than $100k, let alone $1M. So we need to use bitcoin.


Title: Re: My 21BTC Dream
Post by: StevenLiang on November 10, 2015, 04:03:30 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Nice dream, but I do not think that the high price of Bitcoin reach

that's why it is called a dream. it has nothing to do with the reality. my dream is for bitcoin to reach $10,000 at some point in the future. it's not realistic right now, but it will be in the future.

$10,000 is reachable. And i think in future it can be reached.
$1,000,000 for 1BTC in next 15 year.

Maybe you need to make some mini game for that.
Please don't troll in here.


What do u mean with minigame?
What do u mean with no troll here?

XD

Minigame to make BTC price going up from today rate https://www.bitstamp.net/ , Nov, 10 2015. $355
to $1,000,000  :D


Title: Re: My 21BTC Dream
Post by: arbitrage001 on November 10, 2015, 04:13:30 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Keep on dreaming ... and don't wake up.


Title: Re: My 21BTC Dream
Post by: saturn643 on November 10, 2015, 08:22:10 PM
I keep my dream, but think... what does satoshi are usefull for??

If 1 BTC equal to 1M $

then

1 btc can be write:

1,000,000.00

The last 2 digits are satoshi

that fit exactly like actual cents.

Think...think...
Then we can just add more subdivisions to Bitcoin. It is relatively easy to do that, just add a few more decimal places.


Title: Re: My 21BTC Dream
Post by: Coxe on November 11, 2015, 07:53:58 AM
Yes, i know. It was just to say that 1M$ per BTC is not so hard to reach.

1M$ per BTC is so hard to reach. It needs a lot of promotion of bitcoin. Bitcoin has to be used in many parts of life before the price of 1MS per BTC. It will also take decades.


Title: Re: My 21BTC Dream
Post by: Tstar on November 11, 2015, 08:15:37 AM
21 BTC is a good number to have in either case. We're still here and we're still waiting to see where this can go. We've seen a lot in only 6 years but that is nothing compared with what can still see.

Your dream is dream but think it this way: you are thinking in terms of today's prices. Maybe in 15 years a million dollar will be worth less than today.
And then I might want have asked for a billion dollar... let's stop here.
 ;)


Title: Re: My 21BTC Dream
Post by: Barnabe on November 11, 2015, 08:26:18 AM
I keep my dream, but think... what does satoshi are usefull for??

If 1 BTC equal to 1M $

then

1 btc can be write:

1,000,000.00

The last 2 digits are satoshi

that fit exactly like actual cents.

Think...think...

You look like my literature teacher trying to give everything a sense.
Just let it be. Even if it's true it's no indicator of the future value of Bitcoin.


Title: Re: My 21BTC Dream
Post by: Swordsoffreedom on November 11, 2015, 10:28:26 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

It's nice to have a dream like that the question is if you can resist the temptation to well take them out when the time comes
Also I would be a bit concerned about my dead man switch if I die then the coins will never be used.
(And um USB stick drive failure when that fateful day came ...)


Title: Re: My 21BTC Dream
Post by: HeroCat on November 12, 2015, 03:32:07 PM
Even 5 years is quite a long long time.  ;D In current and fast time even 6 months/half a year is a value  :D


Title: Re: My 21BTC Dream
Post by: Pierre 2 on November 13, 2015, 09:02:31 AM
I really cannot imagine 1 bitcoin = 1m dollars situation. I don't mean it is impossible.
But fiat money should be dead so we all use btc and gold (too see that kind of price).
But I think we may see 1000 to 10000s in short to long range.


Title: Re: My 21BTC Dream
Post by: FrostStick on November 13, 2015, 09:03:10 AM
You can never forget your bitcoins, not now that you know you're going to get rich because of it  ;)


Title: Re: My 21BTC Dream
Post by: elite3000 on November 13, 2015, 09:11:02 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

uhm well its free to dream but i highly doubt this will happen in max 15 years and $1M / btc won't happen. but just like people say, anything is possible, it seems you have a lot of faith on bitcoin :D keep it up then..


Title: Re: My 21BTC Dream
Post by: MichealKnightrider on November 13, 2015, 09:14:47 AM
Nice dreams, but still a dream

21 btc is good and nice to have but it's hard to predict what will happen in the future

Maybe someday your dream will come true but don't think it will happen any time soon


Title: Re: My 21BTC Dream
Post by: zodiac3011 on November 13, 2015, 02:15:04 PM
Nice dreams, but still a dream

21 btc is good and nice to have but it's hard to predict what will happen in the future

Maybe someday your dream will come true but don't think it will happen any time soon
yes you can I think. The supply will be lowered as time goes by because the halvings will occur in the future which push the price up


Title: Re: My 21BTC Dream
Post by: Decoded on November 13, 2015, 09:59:16 PM
My dream is to get 210 bitcoin :D I will be filthy rich after that hehehehe...

This is actually my goal. I'm buying 1 bitcoin every school term, and saving up.... slowly...


Title: Re: My 21BTC Dream
Post by: FrostStick on November 13, 2015, 10:08:04 PM
My dream is to get 210 bitcoin :D I will be filthy rich after that hehehehe...

This is actually my goal. I'm buying 1 bitcoin every school term, and saving up.... slowly...

A student that can afford to buy 1 bitcoin every school term? Hmm, rich.

Good luck on getting to your goal.


Title: Re: My 21BTC Dream
Post by: mixan on November 13, 2015, 10:29:00 PM
My dream is to get 210 bitcoin :D I will be filthy rich after that hehehehe...

This is actually my goal. I'm buying 1 bitcoin every school term, and saving up.... slowly...

A student that can afford to buy 1 bitcoin every school term? Hmm, rich.

Good luck on getting to your goal.
I doubt students can afford to buy that much in a semester. They have tuition, books, rent, and the necessities to worry about. And don't have deposable income to spend on these investments. They have student loans to pay off at the end of their academics anyways.


Title: Re: My 21BTC Dream
Post by: francism on November 14, 2015, 03:02:53 AM
Sky's the limit if you're dreaming at the end of the day its just a dream of endless possibilities.  :D


Title: Re: My 21BTC Dream
Post by: BruceLee007 on November 14, 2015, 03:22:25 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

What's the update? did you bought?

well 2 things going to happen with you :

1)you're going to be a rich man
2) your money just gone and you're poor.

But i don't think its easy to stay your words.If you get $21M i don't think you're gonna spend like that.also don't invest what you can't afford to lose.

Good luck to you !


Title: Re: My 21BTC Dream
Post by: crazyivan on November 14, 2015, 07:49:26 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Nice dream. Maybe you should write a book. You could make some side money while waiting BTC to raise to that 1 million a piece.


Title: Re: My 21BTC Dream
Post by: planetroving on November 14, 2015, 09:52:23 AM
$1,000,000 is a lot for only 1 Bitcoin. Although Bitcoin started off worth almost nothing, and reached over $1000 at its peak in 2012, it is not likely that the price would go up to the hundreds of thousands, let alone the millions. Although, yes, there is a cap of 21M Bitcoins to be circulated, which would drive the price higher in the future, this is not a big enough factor to make 1BTC = $1M. Bitcoin being universally accepted by banks and businesses is likely to happen in the future, which would make demand high, which in turn would drive the price up. But again, this is not a big enough factor.

However, nobody can see far into the future. Anything can happen. Your investment in buying 21 Bitcoins may actually become $21M in the future. Who knows? As the poet Robert Frost once said in his poem The Road Not Taken: "And looked down one as far as I could/To where it bent in the undergrowth", he is trying to say that he can only see so far into the future, where the rest is a mystery. Have faith, and your dream might become a reality.

Good luck and we'll all be spamming you with messages of amazement when your prediction comes true. :P


Title: Re: My 21BTC Dream
Post by: BillyBobZorton on November 14, 2015, 02:58:23 PM
$1,000,000 is a lot for only 1 Bitcoin. Although Bitcoin started off worth almost nothing, and reached over $1000 at its peak in 2012, it is not likely that the price would go up to the hundreds of thousands, let alone the millions. Although, yes, there is a cap of 21M Bitcoins to be circulated, which would drive the price higher in the future, this is not a big enough factor to make 1BTC = $1M. Bitcoin being universally accepted by banks and businesses is likely to happen in the future, which would make demand high, which in turn would drive the price up. But again, this is not a big enough factor.

However, nobody can see far into the future. Anything can happen. Your investment in buying 21 Bitcoins may actually become $21M in the future. Who knows? As the poet Robert Frost once said in his poem The Road Not Taken: "And looked down one as far as I could/To where it bent in the undergrowth", he is trying to say that he can only see so far into the future, where the rest is a mystery. Have faith, and your dream might become a reality.

Good luck and we'll all be spamming you with messages of amazement when your prediction comes true. :P

There are more chances that we see hundred of thousands than we staying at around 4 figures in the long term. It is all or nothing. There are no other scenarios. Satoshi predicted this.


Title: Re: My 21BTC Dream
Post by: nickhiggins123 on November 14, 2015, 03:28:01 PM
So much negativity. Hell yeah, if you buy 21 bitcoins, only 20,999,999 people can ever be as rich or richer than you are. With a population of 7,000,000,000 I do believe that puts you in the 1% wealthiest if bitcoin takes off as a global currency. 8)


Title: Re: My 21BTC Dream
Post by: ajareselde on November 14, 2015, 11:05:07 PM
So much negativity. Hell yeah, if you buy 21 bitcoins, only 20,999,999 people can ever be as rich or richer than you are. With a population of 7,000,000,000 I do believe that puts you in the 1% wealthiest if bitcoin takes off as a global currency. 8)

21BTC is the most i can buy and accept to loose (7000€ about). However, if i don't reach 1M but 10K or 100K is great ROI for me ;D

How the hell are u going to ever reach dreams from op if you sell as soon as you hit 10k ?
I can bet that you're going to sell as soon as we reach 500+ again.


Title: Re: My 21BTC Dream
Post by: mtnsaa on November 14, 2015, 11:18:31 PM
I like your idea, it has a romantic and clear goal, 21M BTC so 21 coins. We all want BTC to be valued at 1M but let's face it, it's a long long shot. However, I can definitely see BTC increasing in value as it has in the last years. So I think you will make money, perhaps a lot, maybe not 21M but 1M is definitely possible if as others have said Bitcoin is more required and the overall supply is scarce.


Title: Re: My 21BTC Dream
Post by: Bit_Happy on November 15, 2015, 12:07:16 AM
I have a dream, that someday the Bitcoin community will be united not divided, peaceful not at war, a true open source dream to inspire future generations.  :)


Title: Re: My 21BTC Dream
Post by: Possum577 on November 15, 2015, 06:43:08 AM
your dream is just a dream, i prefer work hard now to get 21 btc from 0.1 btc.

The OP has already worked hard to get the fiat needed to buy 21 BTC.
It doesn't matter whether you earn BTC, or earn fiat and convert it to BTC.

This is a great point!

Everyone's dream is their dream and hard work will be required. It's clear the OP has initiated hard work to arrive at the $6-7,000 needed to get 21 BTC into his/her wallet.

Nice work and good luck!


Title: Re: My 21BTC Dream
Post by: Fraxinus on November 15, 2015, 06:45:25 AM
Good luck,I really hope this can happen because it means bitcoin will be very valuable.It's good to have such dreams and be able to pursue them.


Title: Re: My 21BTC Dream
Post by: Amph on November 15, 2015, 08:46:09 AM
I have a dream, that someday the Bitcoin community will be united not divided, peaceful not at war, a true open source dream to inspire future generations.  :)

it will come true after the block limit issue, after all it's the only thing that is dividing the community

my dream is more about future generations embracing bitcoin and get rid of fiat completely


Title: Re: My 21BTC Dream
Post by: Denker on November 15, 2015, 02:28:32 PM
Good luck,I really hope this can happen because it means bitcoin will be very valuable.It's good to have such dreams and be able to pursue them.

We all should have dreams and goals which we can go for. This is how you motivate yourself and keep moving forward, even in hard and tough times. All the successful businessmen and visionaries had been/are visionaries and dreamers.


Title: Re: My 21BTC Dream
Post by: bering on November 17, 2015, 10:44:34 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
every person have his own dreams but your dream is very impossible to be realized because i believe the bitcoin price will never hit 1M$ in the future


Title: Re: My 21BTC Dream
Post by: faridkifly on November 19, 2015, 12:04:28 PM
you have a good dream dude. but dreams will always be dreams until you wake up and realize that you have to work hard to get what you're dreaming for.
i think it's better to work hard than invest that. because we dont know how bitcoin in the future


Title: Re: My 21BTC Dream
Post by: sulfurtank on November 19, 2015, 07:28:59 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

The question is.. After your long wait of 15 years and Bitcoins will not reach $1M each in value. How would you feel? There's just no way Bitcoins will become so much in value in that time frame or perhaps in your lifetime.

On a realistic level I would say we will not be hitting $1000 per BTC until 2020 at the current rate Bitcoin is going, not to dampen spirits, though with all the bad publicity, then I can't see it this prediction happening. I would be happy if bitcoin prices remain flat. Any quick rise in price would attract a lot of gamblers which will result in heavy speculation and volatility. This will attract the unnecessary attention of governments and they will start making it harder and harder for bitcoin businesses to integrate with banks.


Title: Re: My 21BTC Dream
Post by: fuddudle on November 20, 2015, 02:33:50 AM
INtegrating bitcoin banks is like the worst idea ever. The idea is to side step the banks and be your own bank. The bitcoin economy doesn't need more fiat coming in necessarily, what it needs is more goods and services comparable to normal economy where things are priced independently of usd.


Title: Re: My 21BTC Dream
Post by: Ersonnert on November 20, 2015, 09:22:43 AM
Nice dreaming, maybe someday you will be able to fullfill your dreams

Keep working hard


Title: Re: My 21BTC Dream
Post by: StevenLiang on November 20, 2015, 11:47:10 AM
INtegrating bitcoin banks is like the worst idea ever. The idea is to side step the banks and be your own bank. The bitcoin economy doesn't need more fiat coming in necessarily, what it needs is more goods and services comparable to normal economy where things are priced independently of usd.

I don't know "goods and services" in your statement. What is that stand for?
"The bitcoin economy doesn't need more fiat coming in necessarily," (but all people definitely buy bitcoin from fiat money first, that's normal in fiat / digital currencies exchange)


Title: Re: My 21BTC Dream
Post by: pitham1 on November 21, 2015, 10:31:41 AM
INtegrating bitcoin banks is like the worst idea ever. The idea is to side step the banks and be your own bank. The bitcoin economy doesn't need more fiat coming in necessarily, what it needs is more goods and services comparable to normal economy where things are priced independently of usd.

I don't know "goods and services" in your statement. What is that stand for?
"The bitcoin economy doesn't need more fiat coming in necessarily," (but all people definitely buy bitcoin from fiat money first, that's normal in fiat / digital currencies exchange)

Nope, all people do not buy bitcoin from fiat money. A lot of people sell goods/ services  for Bitcoin. Your signature campaign is a good example.
If miners could pay for electricity using bitcoin, and power companies could use bitcoin to pay salaries (and so on), then you would see Bitcoin circulating without any fiat intervention


Title: Re: My 21BTC Dream
Post by: zeaderza on November 21, 2015, 09:09:42 PM
Sell sevices for bitcoin/use signature and make bitcoins.
In 2-3 years you will make 21 BTC,if price not going up.


Title: Re: My 21BTC Dream
Post by: Ares~ on November 21, 2015, 09:22:03 PM
Go luck with your dream, to make the money go further you could buy property abroad where the dollar is more stronger than the local currency!


Title: Re: My 21BTC Dream
Post by: AncilVTwo on November 21, 2015, 09:35:24 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
your dream relies on bitcoin actually reaching 1 million $ per coin, which i think is pretty unreasonable for the next 10-15 years


Title: Re: My 21BTC Dream
Post by: astrocity1981 on November 21, 2015, 10:04:21 PM
I am saving at least 5 bitcoins per Kid planning to have 4. I may have to save more for a daughter because of all the wedding expense. Also if they do go up in value I will also donate to charity. I will never gamble it though tempting but never that.


Title: Re: My 21BTC Dream
Post by: mhanbostanci on November 21, 2015, 10:21:05 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
yes this is really a dream!
1 btc = 1m$ so beautiful to be true
You should have more real dream
2050 will probably but. I'll be 75 years old :)
I do not want to be too old and rich


Title: Re: My 21BTC Dream
Post by: jeremy grol on November 21, 2015, 10:22:28 PM
Good luck!
I can only dream to have one day 21 btc in my wallet.  ;)


Title: Re: My 21BTC Dream
Post by: AncilVTwo on November 21, 2015, 10:41:46 PM
Good luck!
I can only dream to have one day 21 btc in my wallet.  ;)
it seems pretty far to me too, i only have 2btc rn. but dw we will get there some day. gotta keep collecting all those little bits and save em up.


Title: Re: My 21BTC Dream
Post by: mr.coinstrader on November 22, 2015, 07:01:37 PM
Good luck!
I can only dream to have one day 21 btc in my wallet.  ;)

If the bitcoin price does not rise in the next few years and you work hard to earn bitcoin then it is possible to have 21 bitcoins in your wallet. Otherwise, it is quite difficult.
wish you good luck.


Title: Re: My 21BTC Dream
Post by: bitcoin-hunter on November 23, 2015, 09:46:53 AM
Good luck!
I can only dream to have one day 21 btc in my wallet.  ;)

If the bitcoin price does not rise in the next few years and you work hard to earn bitcoin then it is possible to have 21 bitcoins in your wallet. Otherwise, it is quite difficult.
wish you good luck.

Yeah that is true. If that happends than we can buy more BTC but will it increase again? Maybe.
I hope so that will decrease and then increase. Well I still have alot of years to get more Bitcoin and then retire with my BTC. That is my dream.


Title: Re: My 21BTC Dream
Post by: HardForkComing on November 23, 2015, 09:50:11 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
If I were you, I'd give 50% of that to my parents.
But that's just me.

PS: You'd be throwing money if you donated for cancer, SLA and AIDS research. There are cures out there already, but the medical mafia won't give it away, so they sell expensive meds.


Title: Re: My 21BTC Dream
Post by: JITENDERPAR on November 23, 2015, 09:55:10 AM
wow!!!
This is great idea Mr.
you are right to own ways to get profit .
you will surely get profit . but you should
 take care that you will  waited for atleast
some year . otherwise you will not get that
much profit that you wants.
best of luck mann!!


Title: Re: My 21BTC Dream
Post by: calkob on November 23, 2015, 10:04:37 AM
goal of 21btc is high think my first goal is 5btc to start with and see what happens when i get there.   ;D


Title: Re: My 21BTC Dream
Post by: 1Referee on November 23, 2015, 10:50:59 AM
goal of 21btc is high think my first goal is 5btc to start with and see what happens when i get there.   ;D

People are different, so their goals are different as well. People should set themself the goals that are realistic and are achievable. My dream/goal is to have 50BTC in my cold wallets within 2 years. At this point I am not sure if I will reach my goal within 2 years as I am only trying to reach the 50BTC target with trading profits, and not by buying them. I started very early 2013 and I am still collecting my trading profits  :)


Title: Re: My 21BTC Dream
Post by: creador on November 23, 2015, 11:59:49 AM
At present, it is still possible to join the 21 bitcoin club for most people. In a few years, it is very difficult.


Title: Re: My 21BTC Dream
Post by: Struble on November 23, 2015, 12:30:12 PM
Those are some nice dreams. Hope you achieve those!

There are people out there who are already owners of 21 btc, now we just need to get the bitcoin up


Title: Re: My 21BTC Dream
Post by: mcplums on November 23, 2015, 12:39:42 PM
Great dream OP.

A lot of people are pointing out that $1m per coin is unrealistic, I disagree. I think that this will happen if things continue the way they've been going the last 6 years, if the fundamentals don't change.

In fact I would say that $1m is shooting a little low. If things continue as they have been going bitcoin will absorb the market cap of all existing currencies, currently ~$60trn. This would give each coin a value of $2.9m. Of course, by then it'll be much much higher after 20 years of fiat inflation.


Title: Re: My 21BTC Dream
Post by: sirohige on November 23, 2015, 02:10:54 PM
Great dream OP.

A lot of people are pointing out that $1m per coin is unrealistic, I disagree. I think that this will happen if things continue the way they've been going the last 6 years, if the fundamentals don't change.

In fact I would say that $1m is shooting a little low. If things continue as they have been going bitcoin will absorb the market cap of all existing currencies, currently ~$60trn. This would give each coin a value of $2.9m. Of course, by then it'll be much much higher after 20 years of fiat inflation.

1BTC = $1m
and maybe in future coffe cup = $200k

LOL  :D
#kidding

In my opinion "the reasonable bitcoin price " = $5000  :)


Title: Re: My 21BTC Dream
Post by: erickimani on November 23, 2015, 06:12:31 PM
that is a very big but realistic dream and yes you can make it and even bigger. my only question to you is, what are doing to ensure that by that number of years the bitcoin will have raised to such high value? are you promoting it? I believe that instead of just dreaming we should compliment our dreams with actions. All the best friend


Title: Re: My 21BTC Dream
Post by: thejaytiesto on November 23, 2015, 07:17:36 PM
Great dream OP.

A lot of people are pointing out that $1m per coin is unrealistic, I disagree. I think that this will happen if things continue the way they've been going the last 6 years, if the fundamentals don't change.

In fact I would say that $1m is shooting a little low. If things continue as they have been going bitcoin will absorb the market cap of all existing currencies, currently ~$60trn. This would give each coin a value of $2.9m. Of course, by then it'll be much much higher after 20 years of fiat inflation.

GET AND HOLD YOUR GOAL RESERVE :D
SPEND OTHER

This is what I do. I am trying my hardest ever to try to get the 21 BTC goal and I never spend of the BTC that I want to hold long term until I have my stack. I really really really want to start spending my BTC in cool things specially in xmas when you feel like buying stuff but i must resist! buy and hold plan until 2017 or something, I hope to have my goal by then.


Title: Re: My 21BTC Dream
Post by: Jwalker. on November 23, 2015, 08:48:52 PM
May 10th, 2015 has long passed bud.
5/10/15


Title: Re: My 21BTC Dream
Post by: Pollak on November 23, 2015, 10:21:36 PM
Use bitcoin, to acquire more bitcoin. It's that simple.

The best thing so far is that you can make bitcoin, with innovative ideas, spending time etc.


Title: Re: My 21BTC Dream
Post by: equator on November 23, 2015, 10:48:00 PM
dreams are dreams, no one have control over dreams, it has been said that aim very very high so that if you reach 50% of that , that itself is very big achievement. and by the way your dream is then i think when it comes to that price of bitcoin then comparatively the cost of living will also become that much high that that time this amount will also look small.


Title: Re: My 21BTC Dream
Post by: sirohige on November 24, 2015, 12:05:35 AM
dreams are dreams, no one have control over dreams, it has been said that aim very very high so that if you reach 50% of that , that itself is very big achievement. and by the way your dream is then i think when it comes to that price of bitcoin then comparatively the cost of living will also become that much high that that time this amount will also look small.

Like i say if bitcoin price reach $1m
The cost will be higher too
Maybe 1 coffe cup =$200k
And i think that day, we will need $3m to buy new antminer hardware


Title: Re: My 21BTC Dream
Post by: bitboy11 on November 24, 2015, 12:43:23 AM
I believe that Bitcoin can probably be worth about $5,000 each in the next 20 years...certainly not $1,000,000  ;D
What you need is a nice strong cup of coffee...you're dreaming! ;D


Title: Re: My 21BTC Dream
Post by: Moneyburner on November 24, 2015, 01:10:01 AM
Even if it only goes up to $5,000 I wouldn't be upset. Not many stocks get those types of returns



Title: Re: My 21BTC Dream
Post by: Zudalar on November 24, 2015, 09:04:05 AM
If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.


Title: Re: My 21BTC Dream
Post by: mtnsaa on December 04, 2015, 12:55:34 AM
I was thinking about your thread the other day but I'm more modest in my ambitions, 21 BTC is just not possible for me, but I was thinking that maybe 2.1 BTC would be great and very easy to achieve for many of us, what do you guys think?


Title: Re: My 21BTC Dream
Post by: Altynbekova on December 04, 2015, 08:46:25 AM
Is a good dream, but don't for get will be bitcoin price so high in 5/10/15 years than? Maybe or it will.

All the person who has a bitcoin above 25 BTC  will be millionair.

I hope for the future that it will happen well at least 5K with in 10 years that will be great.



Title: Re: My 21BTC Dream
Post by: CryptoBjorn on December 04, 2015, 09:21:13 AM
If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.

OMG! If that happens I just go retire why work :P

In my country I just can live there for 100 years with that amount of money.

You need to have 25 or more bitcoin at least.


Title: Re: My 21BTC Dream
Post by: LuckyYOU on December 04, 2015, 09:38:08 AM
If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.

OMG! If that happens I just go retire why work :P

In my country I just can live there for 100 years with that amount of money.

You need to have 25 or more bitcoin at least.

You must be from a thrid world country

Because with that amount, the amount of $6000, you will probably only survive like 6 months with that if you're lucky

Maybe less, depending on your expenses.


Title: Re: My 21BTC Dream
Post by: Hashminers on December 04, 2015, 09:46:58 AM
Well if your dream came out let me know :D.
Is just dream, so if I was you I will jsut get up and do something to make your dream become reality. Just having 25 Bitcoins is not go to happen.


Title: Re: My 21BTC Dream
Post by: Zaun on December 04, 2015, 03:42:12 PM
If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.

I think it so to that in 20 years will be worth a lot of money, because is the new generation.

So any younger people we need to tell them about bitcoin so that they well use it.


Title: Re: My 21BTC Dream
Post by: bitcoinmar on December 04, 2015, 03:45:34 PM
Well if your dream came out let me know :D.
Is just dream, so if I was you I will jsut get up and do something to make your dream become reality. Just having 25 Bitcoins is not go to happen.
Yea its just dream and I think its not coming out good for OP as he is going for long term if he want to grow then must use them and trade and keep eye on all charts then he can take some good profit


Title: Re: My 21BTC Dream
Post by: Blawpaw on December 04, 2015, 03:48:49 PM
There goes the time when I had more than 21 BTC :\
Good times they were... now I'm reduced to less than a quarter of that amount...


Title: Re: My 21BTC Dream
Post by: USB-S on December 04, 2015, 04:09:11 PM
My 21btc dream sounds like a poem or a haiku. Please will someone turn it into one?


Title: Re: My 21BTC Dream
Post by: STT on December 04, 2015, 07:30:11 PM
Just sitting on the money doesnt benefit anyone.    The source of wealth is usable production or utility even in a luxury sense this is what society is empowering or entitling the wealth in exchange to your product.   So doing nothing with bitcoin is a foregone conclusion, it wont be valued by anyone.  Somehow your plan is to go against the crowd, everyone else will actively use this product and by doing nothing its a plan to get rich.   I hold royalty shares in a few BTC companies, I consider useful participation though Ive no idea if it works but seems more realistic

Ok so this is speculative commodity trading and you hope to keep this stockpile and meanwhile industry will demand greatly in future.   Its very risky business, with anything coal to coffee the prices are all over the place.   Add in the tech element and theres risk bitcoin is sidestepped and some other product is what becomes worth 1 million.
 I mean thats usually the way, nothing good ever comes that easy in my experience.    Reminds me of raffle tickets but 21 btc is heck of a ticket price, you could do better in shorter periods of time.
   Ive said before, I think 1 btc is probably fine if it really stepped into the breach should dollar falter then thats 6 billion people in the sphere of btc


Title: Re: My 21BTC Dream
Post by: Sir_lagsalot on December 19, 2015, 03:25:20 AM
You're far too eager. Bitcoin is most probably not even going to hit a hundred thousand US dollars. But I could be wrong.

Sad to say, I don't think bitcoin could survive a decade. If you really want to be down to earth, buy 210 bitcoin and be happy when you have 2.1 million in your pocket in a few years.


Title: Re: My 21BTC Dream
Post by: MTBTT on December 19, 2015, 03:29:00 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Good luck... I like the way you're already planning ahead in your life ;)

I support you fully although you should probably take inflation into the equation as 1 Million then might not even rent you a house for a week.


Title: Re: My 21BTC Dream
Post by: The Sceptical Chymist on December 19, 2015, 03:32:32 AM
It's a really nice *plan*. But you're too eager, just think about mass adoption. There're billions of people and you want 1/1mil of the total coins, it won't be a good welth distribution.
Yeah, this is totally a valid point.  It's nice to have one millionth the total bitcoins in your wallet, but only one million people can do that in total--and we have billions of people in this world.  This is why price needs to be far, far higher than it is, where average folks could only dream of having 21 btc.  Now that's a bullish statement, eh?


Title: Re: My 21BTC Dream
Post by: nichu on December 19, 2015, 03:36:51 AM
i would like to see how the price plays for the next two years and then we will plan for the million dollar dream  ;) it has the potential to reach new grounds ,but i have to see stability first, if then we would see good solid investment coming in and this is how i want things to happen


Title: Re: My 21BTC Dream
Post by: tobacco123 on December 19, 2015, 04:27:17 AM
I think this is a great dream and valid one. Potential of bitcoin is unimaginable- can be as high as 1BTC=1 million dollars, or as low as 0!
I guess I will aim to get 1BTC for the time being... No spare money to invest in fact.


Title: Re: My 21BTC Dream
Post by: 7788bitcoin on December 19, 2015, 04:36:24 AM
Sound like "I wish I will win a lottery". But I guess that's how main stream adoption starts.



Title: Re: My 21BTC Dream
Post by: lolgato on December 19, 2015, 05:31:16 AM
Thats some pretty high expectations you got there I would most likely not reach that amount in the timeframe you specified.


Title: Re: My 21BTC Dream
Post by: btcprospecter on December 19, 2015, 09:36:00 PM
Good plan but what if you forget about them or how to get them back in 15 years. Bitcoin needs to be used if it is to succeed


Title: Re: My 21BTC Dream
Post by: quentincole32 on December 19, 2015, 10:06:22 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?
lets be realistic,your dream will not come true for next year,and if you wish 5/10/15 years later,nobody can answer or predict about bitcoin on that year,i'm sure about that,and so nobody can answer what will happen to this world in next 5/10/15 years later. ;D


Title: Re: My 21BTC Dream
Post by: mirana12345 on December 20, 2015, 01:53:51 AM
You're far too eager. Bitcoin is most probably not even going to hit a hundred thousand US dollars. But I could be wrong.

Sad to say, I don't think bitcoin could survive a decade. If you really want to be down to earth, buy 210 bitcoin and be happy when you have 2.1 million in your pocket in a few years.

Don't worry, bitcoin will survive much longer than you think, and it surprises me that you all dream about cashing out and spending
profits all at once. Why ditch something that we are fighting for, for something we are fighting against ?

My dream, on the other hand is to not sell at all, and be able to live off and pay everything with my coins, and that the stash i have is big enough to do it,
who knows, it would be nice to leave something to the kids too.


Title: Re: My 21BTC Dream
Post by: White sugar on December 20, 2015, 01:57:23 AM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Just take inflation into account

21M will in 15/100 years won't be 21M today, and BTC probably won't reach 1M either.

But if you can afford, do it, you'll earn something anyway


Title: Re: My 21BTC Dream
Post by: agath on December 20, 2015, 04:03:08 AM
2M $ = for beneficence (cancer, sla, aids, handicap)

Heart diseases are the #1 cause of death, but medical research in this field is the less funded.


Title: Re: My 21BTC Dream
Post by: awas on December 20, 2015, 04:14:09 AM
Id suggest using them to actively earn and invest in the present. Put a few away if you believe they will become of that value but invest in other things rather their future value because you never know.


Title: Re: My 21BTC Dream
Post by: Zudalar on January 07, 2016, 03:54:25 PM
Sound like "I wish I will win a lottery". But I guess that's how main stream adoption starts.

Sounds like that. But the bitcoin price is just $450 each. So it is still possible to get 1 bitcoin. In 10 years, people will try to get 0.001 bitcoin.


Title: Re: My 21BTC Dream
Post by: MaritiJames3 on January 08, 2016, 09:08:43 AM
There goes the time when I had more than 21 BTC :\
Good times they were... now I'm reduced to less than a quarter of that amount...

It's something and better than not having any btc at all. Who knows what the quarter of 21 btc will be worth in a couple of years. Or even in a couple of months.
You might be able to sell some when a new ATH comes around and buy more bitcoins when the price goes back down and stabilizes.


Title: Re: My 21BTC Dream
Post by: phreaky on January 08, 2016, 09:16:51 AM
If that ever happens I don't see a 21 million dollars for just 21BTC.
I doubt that we ever well see that. In my opinion what bitcoin can reach as a real life is 5.000 dollars in 15 years.
If it come true that I will be also a million air than later.


Title: Re: My 21BTC Dream
Post by: Altynbekova on January 08, 2016, 11:05:41 AM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.


Title: Re: My 21BTC Dream
Post by: jmintuck02 on January 08, 2016, 11:14:21 AM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

People will be trying over and OVER again to hack and crack the privkeys to those addresses day and night. I dont know how that would stand to

24/7/365 day attempts, like all hour and minute attempts.


Title: Re: My 21BTC Dream
Post by: Braeron on January 08, 2016, 11:57:04 AM
You know what my dream is having 1 Bitcoin is just difficult for me as a newbie trying to earn bitcoin.
I can buy, but don't want to do that for now. But 21 million for 21 bitcoin is just a huge dream good luck with that.


Title: Re: My 21BTC Dream
Post by: quentincole32 on January 08, 2016, 12:08:14 PM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.

I don't think a lot of people will hold bitcoin when the price to the moon and reached $1M .
Before it happened, there will be a big drop price that make bitcoin looks will gone and dead.
And people starting sell all their coin and left. So only few people still hold bitcoin when it's happened. It's just my opinion.


Title: Re: My 21BTC Dream
Post by: steveds on January 08, 2016, 12:17:16 PM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.

I don't think a lot of people will hold bitcoin when the price to the moon and reached $1M .
Before it happened, there will be a big drop price that make bitcoin looks will gone and dead.
And people starting sell all their coin and left. So only few people still hold bitcoin when it's happened. It's just my opinion.
I think the current situation is what you are thinking of ,price was over a thousand dollar and then majority of them sold and thought it was dead.Now only few of them hold but are whales.However it is decentralized and nothing is appropriate anytime.


Title: Re: My 21BTC Dream
Post by: quentincole32 on January 08, 2016, 12:38:51 PM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.

I don't think a lot of people will hold bitcoin when the price to the moon and reached $1M .
Before it happened, there will be a big drop price that make bitcoin looks will gone and dead.
And people starting sell all their coin and left. So only few people still hold bitcoin when it's happened. It's just my opinion.
I think the current situation is what you are thinking of ,price was over a thousand dollar and then majority of them sold and thought it was dead.Now only few of them hold but are whales.However it is decentralized and nothing is appropriate anytime.

Not sure if the situation like what happening now Are what I talking about. Because it's too early.
Maybe when bitcoin price dropped to $100 or so , people will start thinking bitcoin will worth nothing soon and they were wrong in the next year bitcoin reach $5k or so. That moment are I talking about I guess.


Title: Re: My 21BTC Dream
Post by: StevensonCarl on January 08, 2016, 12:46:29 PM
Seems like a nice dream
Hopefully you'll continue to work towards this


Title: Re: My 21BTC Dream
Post by: steveds on January 08, 2016, 12:56:42 PM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.

I don't think a lot of people will hold bitcoin when the price to the moon and reached $1M .
Before it happened, there will be a big drop price that make bitcoin looks will gone and dead.
And people starting sell all their coin and left. So only few people still hold bitcoin when it's happened. It's just my opinion.
I think the current situation is what you are thinking of ,price was over a thousand dollar and then majority of them sold and thought it was dead.Now only few of them hold but are whales.However it is decentralized and nothing is appropriate anytime.

Not sure if the situation like what happening now Are what I talking about. Because it's too early.
Maybe when bitcoin price dropped to $100 or so , people will start thinking bitcoin will worth nothing soon and they were wrong in the next year bitcoin reach $5k or so. That moment are I talking about I guess.
To be more descriptive ,the current price is 400 and if it goes to a hundred then its at 25% of its original price and as bitcoin was over a thousand then dropped to 200's which is 20% of the original and so the situation is similar cause it again got back to 500's but your imagination of 5k & OP's of millions is unrealistic.


Title: Re: My 21BTC Dream
Post by: chokesir on January 08, 2016, 02:30:59 PM
I like this dream, but will it ever happen 1 bitcoin to 1 million I think you need to wait a long time to happen.
For me I am just happy if bitcoin reach 1500 dollars that is so nice to see and that it will be stable.


Title: Re: My 21BTC Dream
Post by: phreaky on January 08, 2016, 02:39:15 PM
You know what my dream become a happy guy at the end. I don't see money make me happy.
Well money can make me happy, but don't need to be rich.
Also there is a lot of people with 1 bitcoin I doubt that bitcoin will be 1 million dollar worth.


Title: Re: My 21BTC Dream
Post by: lethalethereal on January 09, 2016, 09:38:21 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Is a sweet dream...


Title: Re: My 21BTC Dream
Post by: mesimpleme on January 09, 2016, 10:16:51 PM
This week, i'm gonna buy BTC for a total of 21. Then, i'll storage them offline and just forgot bout it for 5/10/15 years. Waiting they'll reach  a comparable value of 21M $.

How i'll use them?

12M $ = live with 10K$ / month from here to other 100 years
2M $ = to my parents, for them retire
5M $ = for further investment
2M $ = for beneficence (cancer, sla, aids, handicap)

What do you think about my dream?

Is a sweet dream...

Yes, is a sweet dream, but in life.... nothing is impossible


Title: Re: My 21BTC Dream
Post by: calkob on January 09, 2016, 10:23:02 PM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.

I don't think a lot of people will hold bitcoin when the price to the moon and reached $1M .
Before it happened, there will be a big drop price that make bitcoin looks will gone and dead.
And people starting sell all their coin and left. So only few people still hold bitcoin when it's happened. It's just my opinion.

when bitcoin is worth $1,000,000 then it will be the dominate currency and you wont want to sell it, thats the point you will be able to buy everything in bitcoin because there wont be enough bitcoin to go about it will drive the price higher? 


Title: Re: My 21BTC Dream
Post by: STT on January 10, 2016, 04:44:16 AM
In any healthy economy there has to be a two way system, give and take, demand and supply for any value to be built up.  People just dreaming on this seems like, its obvious dollar is top at the moment and theres a long history leading up to and supporting its position.  Even while they waste that legacy there it is, dollar has good reasons and bitcoin does not have any of that to support it so it might be well used in future but it wont be dominate I'm sure!


Title: Re: My 21BTC Dream
Post by: Yakamoto on January 10, 2016, 04:58:37 AM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.
I don't mean to be rude, but I'm not sure if you fully understand how this type of economics works. To be fair I don't have a degree, but I think you might be missing the point.

Food prices won't increase because more people became millionaires; prices increase due to inflation. Someone having $1m just means that a person has received money from other people, no additional money has been created.

If there are 10 people, including myself, who each have $1, and there is a loaf of bread costing $2, if I create an item (or own an item) that I can break down and sell for $1 to each of the other people, I now have $10, everyone else has $0, and the loaf will still cost $2.


Title: Re: My 21BTC Dream
Post by: gkv9 on January 10, 2016, 09:03:48 AM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

That would be nice right? and I think also that later the food will be expensive also, because there will be a lot of people that is kinda reach and later I think people that they are millionaire 100 dollars is maybe a normal price for a milk. We don't know what will happen if this come true.

I don't think a lot of people will hold bitcoin when the price to the moon and reached $1M .
Before it happened, there will be a big drop price that make bitcoin looks will gone and dead.
And people starting sell all their coin and left. So only few people still hold bitcoin when it's happened. It's just my opinion.

That won't happen as a sudden drop will not come when the prices will be at a pace from where even dumping will just "a no-go" type of alternative, and they will wait even more...

A time will come when people will just have their BTC in their pockets and they will sell them at seriously huge rates...


Title: Re: My 21BTC Dream
Post by: Denker on January 10, 2016, 11:45:26 AM
You know what my dream become a happy guy at the end. I don't see money make me happy.
Well money can make me happy, but don't need to be rich.
Also there is a lot of people with 1 bitcoin I doubt that bitcoin will be 1 million dollar worth.

Yes money can't make you a happy man. I know guys who have more than enough money but also have a good amount of trouble/stress on their daily life. Wife is unhappy, cheating and so on and so on.
But emough money can give you financial safety which is something almost everybody would like to have.
Just because you doubt that Bitcoin can not reach this value doesn't mean it is not possible. Sure it won't happen over night or in the next 10 years but everything is possible. Satoshi himself said that in far future Bitcoin will be dead or we will see millions of transactions every day.
Furthermore we have really a few guys invested in Bitcoin who believe that Bitcoin could at least reach 6 digits in value, meaning hundred thousands of dollars.Some of these guys had been very early adopters and investors.In that time when they spread the word for Bitcoin people laughed about them and said they are crazy. Today these guys are already millionaires because they relalized the tremendous potential Bitcoin is having and that it is not just a new form of money.


Title: Re: My 21BTC Dream
Post by: NorrisK on January 10, 2016, 12:08:52 PM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth

People will be trying over and OVER again to hack and crack the privkeys to those addresses day and night. I dont know how that would stand to

24/7/365 day attempts, like all hour and minute attempts.

That would stand for millions of years. The number of keys you would need to generate are so insanely huge, it is just incomprehensible by the human brain, that's why you are probably afraid of people attempting this.

Even if computational powers would increase dramatically, it would not come close to cracking private keys through brute forcing.

Trying to get your hands on the keys through social engineering is way more likely.


Title: Re: My 21BTC Dream
Post by: AtheistAKASaneBrain on January 10, 2016, 03:34:24 PM
I don't know, i just can't see it happening there are around 500,000 people holding 1 or more bitcoin, lets say bitcoin did reach $1 Million then the world will have loads of millionaires and a couple of addresses will be worth over 100 billion making them the richest on earth
Where did you get from that 500,000 DIFFERENT people are holding 1 btc or more?

A ton of addresses belong to the same person, and A TON of addresses are coins that are lost forever since back then Bitcoin was worthless and people didn't put effort into remembering their passphrasses and doing backups.

Also there are a ton of new millonaries yearly, this is not a problem and is statistically probable.


Title: Re: My 21BTC Dream
Post by: Financial_Genius on January 10, 2016, 07:57:57 PM
It's just dream...