|
Title: When will satoshi become the worlds wealthiest person(s)? Post by: bitcoinsrus on June 17, 2014, 03:47:33 PM As of march 3rd 2014, bill gates is currently the wealthiest on the forbes list (76 bn)
http://www.forbes.com/sites/abrambrown/2014/03/03/forbes-billionaires-full-list-of-the-worlds-500-richest-people/ (assume this is true for this posts purpose) Lets assume Satoshi holds (only) 1 million coins. Currently around $600,000,000 (600 mn) (Assume gates and everyone elses wealth stays the same) 76.01 bn / 600 million = 126.6834 times richer. 126.6834 times 600 (price per btc around) = 76,010 per btc When will this happen? (I know math is probably off) if 0 - 6 mnths = 2500 - 5000 1yr - 1.5 yr = 12,500 - 25,000 2yr - 2.5 yr = 62,500 - 125,000 My guess is 2 - 3.5 yrs? Any comments appreciated (I know numbers and guesses are probably off) Title: Re: When will satoshi become the worlds wealthiest person(s)? Post by: JimboToronto on June 17, 2014, 04:06:23 PM Those on the Forbes list are hardly the world's richest.
They don't even mention the Sultan of Brunei, Queen Elizabeth or the Rothschilds. As for the original question, if the price of a bitcoin ever reached $1M, Satoshi would be (a) trillionaire(s), and probably still not make the Forbes list. |