Bitcoin Forum

Love when people say it's dead.Crypto is only 1 decade old. Just imagine a few years or decades more. Patience could really pay off on altcoins. I see it as a once in a lifetime deal. HODL, if you have money . Who risks nothing has nothing. It could happen again be ready or not.

I think this is his exact words:


https://twitter.com/brian_armstrong/status/1165307728740270080

Obviously, for majority of bitcoin enthusiast we really think that eventually the price will go to the moon in the next coming years. But for no-coiner, it's hard to preach that because they don't understand what HOLDing means. Owning 1 BTC is not that hard, and newbies think that they have to invest 1 BTC quick. But for me the approach is that you should invest what you can afford to lose, maybe you can buy just a portion and in no time you could be a member of 1 BTC club.

If bitcoin price can be at the highest price, yes, that can change our life. But if the bitcoin price still not increase higher, then we need to wait for a while and patient. But the question is, how much the bitcoin price increase higher so we can change our life? That will vary for the answer because the expenses for every people in all countries will be different. Maybe some people in another country will say that with the bitcoin price now, they can buy everything they want. But in a developing country, I don't think that having 1 bitcoin will be enough for them to buy everything. So that we can wait until the price can increase so high, then 1 bitcoin will be the way to change our lives significantly.

For real 1 bitcoin can change some people's life. It's kinda an important amount of money and we can even hold it or just invest it in a small project, so yeah it could change a life of a person. I really like most to hold around 50% of my bitcoin's earning because I know that at some point I will make a huge profit. It's really an amazing investment if it's not the best.

He's right, no doubt, if you are acumulating BTC and can reach 1 BTC (not only one whole BTC, you can have some satoshis) and if you can afford to hold for some time you can have a great reward when BTC reaches some higher prices

I think you're just taking it literally, 1 bitcoin is very important in every country who values it as much as their fiat currency. Although 1 bitcoin is obviously a small amount, but can you imagine this 1 bitcoin can help those people who don't have anything like those who lived in Africa. They experience scarcity but that 1 bitcoin can help them a lot.

For example, bitcoin holders who want to donate 1 bitcoin per person can earn depends on the population who contributed to the donation. By this, you can change someone's life by the help of 1 bitcoin donation.

There are risks everywhere. It would not be a wise Idea to invest everything on crypto. But you should have some of your savings in bitcoin. It's better to risk than to regret for not having a bitcoin in latter time. Bitcoin is now going below 8K and it could be the best time to get hold of some before the price rise.

1 BTC can change alot of peoples lives! 10k (average) is alot of money for some people. Especially those living in 3rd world countries. I recently read that some people predict 1 Bitcoin to be worth 200 acres of land in the United States some day. That alone is life changing!

You only need to take a little peek at the historical data of crypto's prices and it is enough for one to realize that indeed there is something that is waiting for the HODLers in the future. You need not look farther, Bitcoin is a good proof that there is worth in HODLing. Ethereum confirms that. But be extra careful in choosing what to HODL. Shitcoins will be decomposed before they even grow.

There's a lot of influential people who were stating the same statement that if we could only have 1 Bitcoin, it can change our life but that doesn't mean this year or in the next year, of course, it will be in a couple of years. Here in our county, 1 Bitcoin is big sum of money, so having 1 of it will cost a lot of time for us to save and for us to buy at least 1. So for me to be able to have Bitcoin, I need to save little by little from my campaign and trading profits.

Bitcoin and the entire crypto ecosystem is the future of the financial world.  Without understand and knowledge, you might not understand the relevance of bitcoin and cryptocurrencies in general. Speculators that always spread FUDs saying bitcoin or cryptocurrency is dead do not really know and understand the real purpose of bitcoin and cryptocurrency. These people fail to research and try to understand the reasons behind the creation of bitcoin and cryptocurrency in general. They are just ignorant.

HODLing 1 Bitcoin is a good goal. There will only be 21 million created but there are 7 billion people on earth. There aren’t enough to go around so the value gas to keep going up.

i dont see a connection from from your title of your thread to the body of your thread because your title says btc but your message says altcoins but if you can only put on your  title as hodling can change a life then that would be accpetable on me.

 1btc today as of writing is still cheap because today the price of the food and other neccesety needs are also expensive but if the price of 1 btc will go 100k and above then that is a different story anymore

I am sure that coming from the CEO of Coinbase which is recognized as one of the biggest leaders and a known pillar in this expanding and lucrative industry, this can be a big encouragement to many Bitcoin holders especially at this time when it appears that the bears are showing their fangs to all of us. I fully agree that since this is still a risky enterprise, we have to be careful with what we are investing here. As a good wisdom says: Hope for the best but prepared for the worst. Bitcoin is no guarantee that we will have a profitable venture and there is no guarantee whatsoever that it will be staying for good though I do not wish for that.

In my interpretation. He used the title as reference for his altcoin. Traditionally, When BTC pump then altcoin will follow so if BTC is worth a lot in the future so his altcoin will that's why he used that as
reference.

It depends on what country do you live. If you are living on a 3rd world country then it means a lot and it really change the life of someone he possess it.

What better encouragement can anyone have than btc progress from the past 10 years, this to me is enough encouragement, many people in crypto are just too impatient, the moment things aren't going the way they expect, they are not happy,
Any little drop in price, there will be headlines everywhere about the possible death of btc, we are not being fare to btc, this space needs our support to grow even stronger.

I don't think cryptocurrency is dead we could see the market is having its developments and growth through the years and also the same as the cryptocurrency.
We have bitcoin and other popular altcoins in the market still profitable, still, the volatility of bitcoin makes it one of the bitcoin investment in cryptocurrency I don't think cryptocurrency is dead and I can't think of a way how it is going to be dead or disappear.

in my country by selling 1 bitcoin can use it to buy new cars and also make an effort. so I think this statement is true 1 bitcoin can change my life. And I also admit I can achieve financial freedom and be able to build a house because of the investment results in bitcoin. bitcoin has changed the lives of many people. and in 2017 many new rich people were born from the rise of bitcoin. Hopefully in 2020 bitcoin can reach a new ATH so that it can change the lives of many people.

Yes 1 BTC can change your life as long as your strategy or trading is right, cryptocurrency in the next decade will continue to grow in the next few years, with market conditions like this you can take the opportunity to start trading, remember 1 btc is great You can make huge profits in the long run and invest in bitcoin.
Your life will change if you have found a way of life in the crypto world.

It could pay off but the risks are higher on altcoins. Taking risks is good, however too much risks make something foolish, such as investing in an altcoin you know is a shitcoin and does really nothing. You could however, make them as speculative investment and just wait for the most profit in your buy/sell orders, but once it goes weak, it would most likely to crash to death.

And what will happen to bitcoin when mining becomes unprofitable?

While I love the optimism, people need to think twice about buying and holding their bitcoins. By any means, don't sell your current house, car or whatever valuable things you have right now just for the sake of buying bitcoin. Some people make that mistake and eventually decide to do a suicide in 2018.

Don't forget that you have to live in the present, even though you can get 1 million dollars 5 years in the future.

yeah I think so too, when the number of bitcoins that can be mined is rare, the total supply cannot be increased, the development is inevitable if bitcoin is known to the whole world,but in the future maybe is impossible not what we expect, some things can greatly affect bitcoin, such as quantum computers, of course I don't expect that to happen

This should be the basis of small investors in the cryptocurrency especially in Bitcoin community, if we can think about the total volume of bitcoins, it is quite inducing a good feeling of pride if we hodl 1 BTC. Thus, we know in ourselves that we have a contribution to the BTC market. Right now, I am targetting to hodl and stick to bitcoin till I reach 1BTC, after this, if I find that I can be capable of accumulating more, I would like to encourage people because basically if we have a proof of holding even 1 BTC, we have a huge power to induce market adoption and refer bitcoin to others.

Why would any bitcoin holder decide to simply "donate" 1 BTC per person??! This is not 2010 anymore. The early adopters are already among the "Wealthy Elite". They have as much incentive in "spreading the love" as any other philanthropist has in distributing their wealth. Nobody does that.

What people like you and me have to realize now that you have to work your asses off and choose to be paid in BTC instead of Fiat. Then you have to choose to not spend that BTC for your daily needs but hold them in the hope that it will moon. This, in my opinion, is a very optimistic scenario.
Pierre Rochard is one of those early adopters who suggested that bitcoin will change the definition of money. It will become Money replacing US Dollar as the de-facto reserve currency.  This scenario seems to be getting harder to achieve because Governments are now actively engaging to take the narrative in the direction of "Govt backed cryptocurrency". The whole "Libra hearing" drama is just the background to this.

I don't know why but nobody seems to be talking about this. At least, none of the people who seem to be the wealthy evangelists are saying anything about it on twitter or other social media. The only people who are risking themselves shouting about it from the rooftops, are ridiculed and considered crackpots. McAfee for example.

So the optimism and Sig campaign compulsions notwithstanding, I don't think we are going anywhere when it comes to real adoption and usage of BTC as of now. People are simply lording over their niches and fiefs with no guidance towards the future.

---

Valid question. But well, Lets not talk about it because...meh, It'll rise anyway..There is the halving. /s
Welcome to the cult!

The concerns about mining profitability are generally addressed by quoting two things.
1. Adoption will rise sufficiently so that the number of transactions are huge  (Using LN), and the settlement fees will be sufficient to keep miners going.
2. The price of bitcoin will rise ridiculously so that even fractional BTC earned from the coinbase transaction will have sufficient value.

All depends on adoption, for which people are working very hard on "Twitter". The other hope is that the technology becomes important enough to be used everywhere for which people have been searching for use-cases for half a decade without much success.

This is some 3-month-old news, and people are still surprised what some Brian writes on his twitter about Bitcoin. His opinion is not important at all, nor is it something he invented in his head, different people have been saying this for years, but they are a lot smarter than Brian. If you're wondering why, well Brian tells you this in 2019 when the price of Bitcoin is $8000, others tell the same thing when price of Bitcoin was only several hundred dollars.

It is never too late to go on the mission "I will have 1 BTC", smart people find ways to do it, without compromising their financial stability. But there is no guarantee that owning 1 BTC will really mean anything in 5 or 10 years, it's all a game that can end successfully, but also with a negative outcome.

It's doesn't need to be a CEO of Coinbase to say that, if you analyze the potential of Bitcoin over the years and for years to come, you will end up with a huge motivation to accumulate as many Satoshis as you can, it doesn't have to be one Bitcoin right away, this is the weak alibis of none believers and newbies always saying Bitcoin is expensive, $10 worth of Bitcoin every week can actually make a difference over the years.

This is the kind of stuff I hate to read from people who I consider old blood as far as the forum is concerned. Maybe not to the general bitcoin ecosystem but at least to the forum you can be considered a veteran. It's quite preposterous to say that He is just "some Brian"..LOL This is the CEO/ Co-founder of coinbase you are talking about, the largest , most influential cryptocurrency exchange in USA.

So saying something like "His opinion is not important" is pretty stupid. Brian has had a consistent stand towards enabling Open financial systems and for everyone to be able to have access to finance irrespective of their country and screw-ups by their respective Governments. (Say, Zimbabwe, Venezuela). His Vision statement on the blog is pretty genuine if you want to have a look. For any newbies wanting to understand how cryptocurrency can actually affect the world, its a must watch.
Here is the link:

https://blog.coinbase.com/the-coinbase-mission-vision-strategy-a3d68b0a7d6a (https://blog.coinbase.com/the-coinbase-mission-vision-strategy-a3d68b0a7d6a)

It's a life changing. I couldn't disagree with it, the moment I have met bitcoin, that's the time my life started to change. I do have some purpose and gave my life some lights. What more if I own one whole bitcoin? I own just some part of it but having a dream and a goal that can possibly reach 1 or more bitcoin is really near to happen.

On the other hand, it is not only about the financial status bitcoin will bring and will change one's life but also the change of digital payments and the advanced technology that will change how the world's traditional system works.

Die  ;D

Well it really does change one's life. Its a great achievement for me if I can reach that 1btc. Even for a little signature campaign pay gives me happiness, how much more for that 1 btc. Its a good start to goal for 1btc now and eventually increase it sooner when it comes. Changing one's life is maybe different from person to person. It depends on our needs and lofe status. But whatever or how much it is, we are the one's responsible on how to change our life for a better and productive way.

One BTC for majority is very expensive. A good strategy is to buy at different rates rather to buy complete BTC at one rate. Let's say you buy few satoshis at current rate, few at next dip. In this way your average price of BTC is very reasonable.

for now even in some countries 1 BTLC has been able to change a person's life. we can see with the amount of 1 btc can be done for anything, for me the amount of 1 btc is a large amount and it can be doubled in a larger amount of profit.

More likely that patience will be rewarded with - fuck all.

I expect Bitcoin to still be here in some form in another decade or more. I really, really can't see the average alt being anything more than a forgotten footnote that'll be looked back on and laughed at.

As for Mr. Coinbase, I wonder how much he paid in therapy to summon the courage to write the word 'Bitcoin' for the first time in several years? It must have caused him a great deal of psychic pain so I assume he was surrounded by yogis, healers and was being breast fed while he typed it with shaky fingers.

Note he did add 'for better or worse' as a small out.

I'd love to know why so many of these large crypto companies actively dislike the one thing keeping them afloat. I guess it's because it's bigger than them.

I mean having  btc right now with its current price is enough to make a change in some people's life, in a few years the price might go up to the moon your whole financial life will be different, some of the early holders have become millionaires because of it, and that could be us if we just have the patience and faith in it, i mean it is crazy how bitcoin is changing the whole world not in terms of currency but everything, the blockchain technology is becoming more and more popular and that could only comeback with good things for us crypto users.

As of today one Bitcoin is worth around $7800, not bad for an actual organic price. Many people are upset because the price isn't anywhere near $20,000 anymore. Thats silly because at that particular time, the price was heavily inflated and anyone who is an avid investor knew a bubble like that one a few years ago, was destined to pop. WHen it did deflate considerable=y. I'm sure many band-wagoners who jumped into crypto after hearing about the price rise had lost the shirts off of their backs.
 If one Bitcoin was worth next to nothing and now one is worth $7800, I'd say that there is a life changing amount to some people. I could use that to pay off my debts and buy a beater car off craigslist before the winter comes, they don't plow snow good in my area, so being a pedestrian suck!  :-\

1 BTC in my country is more than a year's salary of a regular employee. If 1 BTC goes $20K again, its worth a fortune, I can even buy a new car for that. Since time those against BTC had been writing obituaries for bitcoin but to them BTC keeps rising up from ash when it didn't really died. 1BTC can change people's lives, it changed my life that I don't go out smoking pot anymore since I kept learning to trade, it kept me busy.

Other's said 1 btc is enough and it is true. with the current price of btc it can support your life for many months or even years or if you have a unique idea you can grow it even more. do a business or take a risk on trading and it is your choice whether you can change your life or not. with that huge amount of money if you convert it you can also help others. everyone can guarantee that btc are all worth in present and in future. if you have 1 btc it is enough to change your miserable life or you will gamble it to gain more? we can start a new beginning with that amount of money.

We still have some kind of freedom on this forum to express our opinion in accordance with the rules of the forum, what you hate or love is something else entirely. Ignore option is still available, and it is free ;)

Brian is just interested to get more money in his pocket, and despite his positive attitude, the idea of "open financial systems" is not something Coinbase can promote as centralized company working under US law.

The problem of you and most others here in the forum (or in general) is that you admiring individuals who do nothing but get rich under the slogan "We are for Bitcoin!. What Brian is saying is that we need to buy more Bitcoins so he and his mates can get more money from fees.

One man is nothing, strength is in numbers - at least Satoshi was aware of this, which is why he decided that an individual should never be above the project as a whole.

I believe in this thing too, but it is not that easy to have 1 Bitcoin for now, still it is a large money specially in third world countries like here. An ordinary person doesn't have that much money to buy 1 Btc, and won't risk their money just for it. They will just make money as freelancer but it is hard for everyone of us to invest with that amount especially that crypto is too risky, you don't know what will happen today and tomorrow.

1 Bitcoin is a big deal to me its value in our money here in my country is almost half a million that it can buy a car or build a home. And if there is a chance that I will earn this much I will not miss it and will make sure that I use it in the right way that will help me to grow this money even more.

As bitcoin is a volatile Asset and if we think one bitcoin will change our life is that actually right, will it actually change.

For some extent its right, now bitcoin is becoming higher and growing. Some are surviving with these bitcoin only.

Those people who are using daily bitcoin with their daily needs for them it is really very good news.

As bitcoin is growing higher if it continues the same in the future then yes one bitcoin can actually change your life.  

Invest only what you can afford to lose because no one knows what will happen tomorrow, if you can afford 1 btc then go for it, i belief that 1 btc will cost alot in near future, patience and persistent is the winner's way

This is why I am very sad I was forced to use my bitcoin at the beginning of this year when I had 1.6 btc now I have less than 0.10 I had to pay for things and I didn't want to sell but I had to. This is why I try desperately to make as much more as I can. I want a whole bitcoin again. So I diversify and work at many different places at once. I get paid in bitcoin this is why I always sell and not buy.

1 Bitcoin is really now expensive compared before hence this will really a huge impact in someones who holding this amount. Besides, if you keep holding this for a long time this could possibly make you millionaire and use to purchase a real estate. Bitcoin is now half a million in our country that is why this will be a real deal.

Thanks for quoting that.

For one thing, I wouldn't expect the CEO of Coinbase to say anything different--they're in the business of selling bitcoin, so it makes sense he'd make a bullish statement like this.

But the other thing is that it's very true.  Even now, with bitcoin's price tanking, owning a whole bitcoin still could be life-changing for people in poorer countries.  I'm pretty sure there are places in this world where $7500 is more than a year's wages.  Even for a person struggling financially in a developed country like the US, Canada, or somewhere in Europe, that amount of money could definitely get them out of a hole. 

The problem the CEO is not mentioning is that for the above population, getting that 1BTC in the first place is probably not an option.  For people who aren't struggling, owning that 1BTC might not ever be life-changing unless bitcoin's price shoots up to $100k or $1 million, and who knows if and when that's going to happen.  Most of it has to do with demand, and there's no guarantee that demand for bitcoin is always going to be high.  I hope it remains high, but nothing is certain.

I certainly would agree to his statement. 1 btc isn't jist a small amount, especially when bitcoin finally reaches its peak or highest point. Here in my country, which is a third world country, when you convert 1 btc, you already do and buy a lot of things there, what more if the price increases. It can really change your life depending on how arr you gonna use it. A lot of people and families here are struggling to survive, and holding a bitcoin is enough for them to supply their needs.

That statement (title) depends on how much 1 BTC is worth.
Imagine if it was back in cents days where nobody knew what it would become.
You need to be positive and informative about how 1 BTC can turn into some gold mine.

As for instance today worths 8k tomorrow will be around 20k. It really depends on the day you decide to buy / sell.
So for sure it can change your life depending on the event timeline. It's a matter of luck or proper decision.
Also getting self aware of whats going on at the world's markets (capitals) makes you a better victim of sucess.

Looking at the fact that the yearly average price of Btc keeps increasing, and that cryptocurrencies are are one of the best performing asset classes(better than coins), holding at least one btc is definitely a good idea, even if it's merely out of speculation.  Looking at its past performance, it'll definitely be a good investment.

Bizarre as it seems, that's the first faintly complimentary thing he's said about Bitcoin in many, many years. It's the first time he managed to utter the word in public in many, many years.

I presume Satoshi boned his mother and dumped her because I can't really think why the CEO of the one of the world's biggest Bitcoin companies dislikes it so much.

Earning 1 Bitcoin might be a big deal to a lot of people even for me, in my whole thing in cryptocurrency i don't even earn a amount like 1bitcoin so i thing earning this amount is really a life-changing to a lot of people also the bitcoin market price as we all know is so volatile a lot of people have no problem investing in bitcoin but as we know the market price is already high so we cannot buy a big volume of bitcoin that could make high profit when the market price pump. So definitely investing or holding 1 bitcoin will surely give you a high profit for long term investment but also you need to consider the time that you are wasting in investment if I am the one to decide I might just end up investing the 1 bitcoin in a passive income.

in my opinion, that opinion is only for people whose minds are short. for 1 btc can change someone's life is for me not too able, just adding to the sufficiency may be, does not mean our lives immediately change .. that is the wrong opinion. !!

Considering the total supply of bitcoin, 1 bitcoin might be able to change the life of someone but not everybody.  Bitcoin might have the possible of becoming worth $100k per 1 bitcoin and also it has the potential being worth less than $5k. You can't really conclude that Bitcoin can change the life of everybody.  Well, that is the opinion of the CEO of Coinbase and since we are living in a world where people are entitled to their person opinion, lets just leave it as it is.

1 Bitcoin is worth $ 7500 which is a great asset for many people.  In poor countries in Asia and Africa, it can help them build a house to live in.  But the world has 8 billion people and we can't have enough Bitcoin for everyone.
If you currently invest 01 Bitcoin at $ 7500 in the future you can get a profit of either x2 or x3 times now.

But how to earn 1 btc to change our live? for investing we need money and joining free way to earn altcoin like bounty campaign and airdrop project is not enough how to receive 1 btc, did you have ideas how to earn 1 btc to change our live and using for investment. Better give way how to get 1 btc without give feature after having 1 btc in our wallet, keep make safety with bitcoin and altcoin to get profit later.

It can't applied to all the people in society. We are living in different standards.

Taking the risk is not a joke for an average guy who just earned enough for daily living. The risks of hodling will take several years in the process so basically, the amount that will put in BTC should consider as a loss since it will be idle for a long time.

As much as possible, I never suggest to anyone, especially those who don't have knowledge about bitcoin, to buy bitcoin and someday they will have a good profit in return. It's kind of, forcing them into something that might put them instead into depression once they can't handle the risks of hodling.

Of course, I like everyone, at least, to take part in accumulating BTC no matter the standard of their life. However, it's not as easy as what we think even how positive we are in the future of BTC. Instead, I will try my best to educate them if ever they ask for some guidance so that they can think outside the box on how they can save little by little so that they will see from themselves if BTC1 can actually change their life in the future.

His articulating openly that he intends to support open finance does mean something, even if it is under the US Law.I don't think mass adoption will come or that cryptocurrency will fulfill its promise without co-opting the existing systems in some way.
Again, using the "More money in his pocket" argument is very Socialist to me. Even Satoshi holds keys to a million BTC, Right?

You took it as a personal attack so I accept your reply. Yet, My problem isn't like most others in the forum. I am not an early adopter and  couldn't care less after the intial 2017-18 craze whether BTC or crypto makes me rich or not. This is just one of the many things I'll need to do as an individual if i ever hope to get rich.

LOL, Thanks for the quote. Hail the proletariat..

1 btc is not really huge amount of money but it's not low amount because if i convert it to my local currency i can buy several important stuffs for my life and to change someone life 1 btc isn't enough for me but indeed if i having at least that amount and hold it for next several years then i'm very optimistic the value will be increase compare to the current price

I wouldn't dispute the fact by coinbase Ceo that hodling 1 BTC could change the hodler's fortune or life, if early investors could endured and hodl for a long term fortunately or luckily for them 2107 was a remarkable year for those hodlers, I also foresee another great opportunities for the present hodlers as the the demand for bitcoin grows and becomes scarce in the future invariably its price would pump to a new highest high.

You're right. The crypto sphere is gradually developing and has every chance of becoming super profitable within 5 years. HODL is reasonable advice, I support it

I don't think so, if I have 1 BTC it's only enough for my living needs for 3 months it can't change my life to have a house or anything, but unfortunately I have difficulty getting 1 BTC from my job as a bounty hunter, but I will buy it if bitcoin cheap under $ 100, I don't think it will be possible for the price to drop below $ 100 so I will continue to raise funds to hold 1 BTC later

That's the reason why bitcoin can't go to the moon, some people have too much, they are the whales who can manipulate bitcoin price whenever it rise.
BTC1 equal to $7461 at current price will reach probably $100K in the next few years, but who have the patience to buy and wait for such a long time while ignore all the temptation whenever the price spike up?

Well, I think everything depends on the geographic location and the method in which we use that bitcoin, if you are in a developed country, with the need for life to be so high, a bitcoin cannot really change anything, conversely, when in a country with a low cost, a bitcoin can change a lot of things.  However, using bitcoin for the sake of maintaining costs and daily life is not the ideal purpose, we should use it for purposes such as investing and optimizing income streams with bitcoin, a bitcoin is a large amount of capital to start a new income stream.

Possession of 1 Bitcoin symbolizes the path of liberation from centralization. And every year this will be encouraged both financially and physically. Freedom, independence and wealth are what Bitcoin gives. Perhaps this is exactly what Amstrong’s message means

Compare one Brian of Coinbase with Satoshi Nakamoto is beyond any common sense, and that means you think Satoshi has made Bitcoin for his own personal gain? Satoshi holds by some a significant amount of coins, but only because he was the first to start mining. He did not spend single satoshi from that, and we all benefit from that today - 1 million less coins on market.


I don't think I attacked you on a personal level, I just reacted to your statement that it is sad people like me (you use term veterans) thinks different from you. I would not say that "to become rich" one day is not a tempting idea, but BTC is actually much more than that, power and financial independence for anyone who does not want to depend on banks and corrupt governments.



You can laugh as much as you want, you laugh at the very idea presented by Satoshi Nakamoto.

Bitcoin investing requires an iron stomach, but it's easy to get an iron stomach if you can grasp a firm understanding of how and why Bitcoin works. Once you've crossed this mental threshold you realize the price today or tomorrow doesn't matter, you just know you must accumulate as much as you reasonably can before wide spread adoption. I remember reading posts like these in 2015-2016 as morale boosters. They still make me feel bullish and that bitcoin is still cheap at $7,200. If you can manage to accumulate 1 coin or even 0.5 bitcoin and hold it for 10 years you will have a lot of purchasing power.

1 satoshi can be equal to 1 cup of starbucks coffee in the future or a ticket for different sports events :D.

There is a video on youtube and he stated there that 0.003 BTC can change your life already and he said that 1 BTC. I agree on him but lesser than 1 BTC can also changed your life but it requires many patience because you need to hold Bitcoin for a long time to achieve it. If 1 BTC = 1 person then only ~17 Million will become rich (considering some of the Bitcoins are inaccessible + the 1M of Satoshi which is now cannot access too).

One bitcoin is really big and also a potential life saver. Specially if you live in country where USD have high rate like here in my country, converting bitcoin to usd then to local currency always give me more profit.
Bitcoin is still maturing and once it is fully matured we can see its true potential.

Even not in the future, even if someone gave you 1 Bitcoin today, it will be a life changing for you as you can already use this to start a small business, just like here in our country, it is already a big thing, so if given the chance to have 1 Bitcoin today, will just invest only 20% to retain in Bitcoin and will cash out the 80% and will use it for traditional business.

Indeed, if you have enough knowledge and patience then it will be a good opportunity for you to have a better future. It actually depends on the person because if you know how you can properly use it then probably you are capable on making huge profit from it, just apply the things that you have learn to make wise decisions. You can't just underestimate it's value of bitcoin because it can be still profitable particularly when you know how to manage investments. 1 btc means a lot for people who are really determine to be successful.

 ;D even according to me too the bitcoins is amazing when it comes to ups and downs and people don't understand it that well but they could actually get a good amount if they invest at the right time , if someone buys bitcoins during the time of low then one can only imagine how much profit they would make even if they sell it in 1-2 days , this is what trading is , buying at the right time and selling at the highest.

It's all about timing, it is really good to have 1 btc but to be able to grew it more is a risky as of this time the market been too volatile and dump and pump happens unexpectedly for no reasons.  It's better to do day trading too for some alts that we don't sure if will last long in the market. Keep learning in crypto is a good investment too.

The same CEO told you that if you sold Bitcoin at 15k$ you should slap yourself and now , look at price , was he right ? Not at all. If Bitcoin trends continues on the same path like before , a simple math formula will give you the same results without being necessary to consult CZ Binance twitter. If you own 1 Bitcoin , you're supposed to be in top of the world one day, being a lucky person who own a full Bitcoin but regarding wealth its all about the price in the end.

You don't get it. 1 BTC can change your life because in the next 5 years it can easily go to 50k USD. This means that a 7k investment can turn to 50k or even 100k. While 7k is not much 100k would be life changing money for most of us "normal" people. In most parts of the world you can get your own apartment or even a small house for 100k. Going from living with your parents to having your own place is very important.

1 Bitcoin here in my country is huge amount of money if I convert it in fiat. Because it costs half a million pesos or can afford to buy own house and lot.  So 1 Bitcoin is very hard to get rid of and even in the long term I have been in bitcoin I have never experienced to earn 1 bitcoin or accumalute this kind of earnings.

Bitcoin definitely huge potential to achieve those higher/crazy numbers for the average joe that McAfee and others in the industry are talking about. Just going from simple fundamentals like the law of supply and demand and looking on the price history graphs we can notice that Bitcoin is an appreciating asset over time. Halving is coming, that means the supply flow will be impaired. You're probably aware that had major positive impact on the price in the past so why won't it have now? It's not like BTC price would be worth millions and people could not afford to buy it. lol

Even without looking into the future which a lot of people believed bitcoin would become extremely valuable because of the limit if the 21 million cap, as at today, 1btc could actually turn a life around depending on the country you are currently. For people in the well developed economy, it might not make much difference as a $7k might not even be enough for your schooling talkless of setting up a business but that money equivalent in local currency in some countries would get one an apartment, an average car and could even get you a small business to start from. So yea, 1btc can make a difference.

1 btc has already changed my life, so I believe him. We should just wait for the day when crypto change everything, including fiat market.

Yup that's true, the price of bitcoin can increase at anytime. And if you don't have much you will always be missing out from it. But the truth is, it's not everyone that has that kind of money to buy up to one BTC, especially those that are living in developing countries, the average person there will find it difficult to buy up to one BTC. Where I live, the current price of BTC converted the country's currency is a lot of money and an average person here is afraid of putting that kind of amount of money in anything that they are not sure about or something with a high risk. For an average person living in the US, buying one BTC will be easy, but it's not so for people in other places.

Well, Bitcoin can never finish, people buy and sell Bitcoin every day, so no matter when you join, there will always be one for you to buy.

Good for you!

I also know it to be true. I used to be very poor and every 100 USD really counted. You can leave for 20 weeks on 100 if you know how to cook ;)

When I was getting to know Bitcoin it was worth only a few hundred and got to 20 thousand which was an enormous growth. If you bought one like me in 2017 you could make a month of rent into 2 years of rent :D You could sell your cheap car, buy bitcoin and a year ago buy yourself a whole apartment. This is what changing life is all about.

Exactly... he stated that owing a 1 bitcoin is a big deal!