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Title: Will Satoshi Nakamoto be world's first trillionaire ? Post by: upal on July 26, 2014, 06:44:10 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php).
What is your opinion ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: cbeast on July 26, 2014, 06:46:44 PM There probably already is a trillionaire in the House of Saud. If not, then the next war will make one.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: tntdgcr on July 26, 2014, 06:48:58 PM depends , do you think there might not be a couple controlling parties with so much time to put together so many trusts, corps, and businesses over decades or generations to be worth over that ?
By not being able to enumerate them all, we'd never know Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: franky1 on July 26, 2014, 06:52:21 PM firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: adoni on July 26, 2014, 06:56:36 PM Actually I've read that the first trillion dollar company may be a bitcoin related company
Satoshi is like the mist, vapor, intelligence reports say the name is FAKE So if he does have 1M coins 1K btc makes he only a billionaire $100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin Apple is or is one of the top valued companies in the world, only 600Bil in cap value. Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read. I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people. Through reading the core code. So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are That's my OPinion Now you can all say Satoshi is real, he exists etc. Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard. So let's say it was 4 people, 250K of the 1M stash each then But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins. So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: farlack on July 26, 2014, 07:00:22 PM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives Actually you're right, its more like 900,000. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: keanbosch on July 26, 2014, 07:09:27 PM AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: franky1 on July 26, 2014, 07:22:02 PM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives Actually you're right, its more like 900,000. nope its not. the FUD about how many coins he got is based on people adding together all the different addresses of the coins from january 2009 forward for a few months.. but im sad to say that satoshi, hal finney, and a few other notable names all were mining at the same time. it was not just satoshi by himself. by christmas 2009 theres were DOZENS of people mining, not just 5, i only used 5 in last post as a random number, but there were alot more.. so they were all sharing the rewards out, meaning its impossible for satoshi to have anywhere close to 900k - 1mil coins. sorry but that bubble of fud had to burst so lets just break down 2 years of mining. (5.25mill coins.) 1year=2.625 so lets say there were 10 people mining bitcoin version 0.1 for the first month-to a year satoshi gets 262,500 coins lets say by december 2010 there were 3000+ people (oh look theres a user registration number to prove the number of users went that high at the time https://bitcointalk.org/index.php?action=profile;u=3027) so knowing there was 2.6 mill coins generated in that year and upto 3k users in the bitcoin ecosystem.. equates to less then 1000 coins obviously 2010-2011 more users and the year satoshi vanishes. again less than 1000 coins., bringing the more realisti total to be under 300k.. but lets pretend that for 3 years (2009-2011) there were only 10 people.. yea lets play that exaggeration game even though the link proves there were thousands of users as of 2011.. but 10 people would only equal 787500 coins he would have over the 3 years.. not 900k, not 1 million.. but like i said that me exaggerating the low populations.. where as the reality puts satoshi to hoard AT MOST 300k coins.. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: slaveforanunnak1 on July 26, 2014, 07:26:54 PM i think the Rothschilds are already trillionaires
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 26, 2014, 07:45:12 PM AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them. LoLz... there is a world outside USA where IRS cant do anything. There probably already is a trillionaire in the House of Saud. If not, then the next war will make one. But, AFAIK there is no confirmed trillionaire individual as of yet. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Meuh6879 on July 26, 2014, 07:55:37 PM not a problem if he sells regulary is trillon of "equivalent in FIAT money" to beginner entering in bitcoin...
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 26, 2014, 08:05:42 PM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Inotanewbie on July 26, 2014, 08:09:17 PM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 26, 2014, 08:14:22 PM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- If u look upto 2014, i.e. 2/3rd of the total period under consideration, the figures are almost true. Rather 2014 target of 1000 usd has already been achieved in 2013 and it'll most likely repeat in 2014. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Chef Ramsay on July 26, 2014, 09:45:31 PM No way to confirm exactly but it's not crazy talk to say that the Rothschild family has trillions in assets and bank ownerships throughout the world.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: keithers on July 27, 2014, 12:37:33 AM AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them. Don't think there are any trillionaires in the United States. Elsewhere would be out of IRS reach.. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: S133p on July 27, 2014, 12:51:48 AM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- If u look upto 2014, i.e. 2/3rd of the total period under consideration, the figures are almost true. Rather 2014 target of 1000 usd has already been achieved in 2013 and it'll most likely repeat in 2014. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Lorenzo on July 27, 2014, 01:16:36 AM Well, Satoshi has 1 million bitcoins, or about 1/21 of all the BTC that will ever exist. If Bitcoin's market cap ever reaches $21 trillion, then he would be a trillionaire.
In such a world, 1 BTC would be worth $1 million, and 1,000 BTC would be worth $1 billion. Other than hyperinflation, the only possible way this could happen is if Bitcoin completely replaced all the world's fiat. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: adoni on July 27, 2014, 01:29:56 AM even on a million btc it would have to get to 240K a btc
since the gov will want 60% in taxes so 2.4 tril nets you a trillionaire haha you make a trillion you only got 400Billion hehe Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: ThomasCrowne on July 27, 2014, 01:30:55 AM i think the Rothschilds are already trillionaires Agreed. If you take their combined family fortune wealth/assets and add them all up far in excess of a trillion dollars imho.Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: adoni on July 27, 2014, 01:33:19 AM name some living rothchilds
go ahead here's a head start now show their wealth no where near 1 tril rothchilds wealth is nothing compared gates buffet oracle founder yahoo founders jobs woz zuck twit apple 600B MS 500B there's 1 Tril and nothing like it in the ratchildren family of inbreds Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: CasinoBit on July 27, 2014, 02:39:11 AM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: coinmaster222 on July 27, 2014, 02:45:16 AM An estimation I once saw said that Satoshi merely had 1m coins maximum. I know that this could be inaccurate, but it sounds impossible that 1m bitcoin could one day worth 1 trillion dollars. This would not only require Bitcoin to go up in price, but also the dollar to go down in value to a point where no one wants to sell his bitcoins for dollars so we get ridiculous prices.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Possum577 on July 27, 2014, 06:52:57 AM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- I'm sorry, I missed the explanation. Or maybe I'm not smart enough to get it but simply listing exponential numbers by year doesn't actually explain why those numbers could or would become reality. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: deert on July 27, 2014, 09:52:05 AM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- 2015 BTC price on 10,000 USD? This does not seem possible that Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: DrG on July 27, 2014, 11:10:41 AM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time By his last year in office Obama will probably have QE712 and will have the mint pumping out the trillion dollar coin. Then he can tell China "debt repaid, shove it" - of course we'll all be dead in WW3. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: minime on July 27, 2014, 11:20:10 AM Actually I've read that the first trillion dollar company may be a bitcoin related company da spooks know...Satoshi is like the mist, vapor, intelligence reports say the name is FAKE So if he does have 1M coins 1K btc makes he only a billionaire $100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin Apple is or is one of the top valued companies in the world, only 600Bil in cap value. Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read. I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people. Through reading the core code. So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are That's my OPinion Now you can all say Satoshi is real, he exists etc. Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard. So let's say it was 4 people, 250K of the 1M stash each then But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins. So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: RocketSingh on July 27, 2014, 12:51:16 PM Well, Satoshi has 1 million bitcoins, or about 1/21 of all the BTC that will ever exist. If Bitcoin's market cap ever reaches $21 trillion, then he would be a trillionaire. In such a world, 1 BTC would be worth $1 million, and 1,000 BTC would be worth $1 billion. Other than hyperinflation, the only possible way this could happen is if Bitcoin completely replaced all the world's fiat. Not really. World's economy is far bigger than 21 trillion USD. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 27, 2014, 02:37:07 PM even on a million btc it would have to get to 240K a btc since the gov will want 60% in taxes so 2.4 tril nets you a trillionaire haha you make a trillion you only got 400Billion hehe Which govt tax 60% on Bitcoin earning ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Technologov on July 27, 2014, 02:47:35 PM Satoshi Nakamoto potentially may become the world's first trillionaire, yes.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: galbros on July 27, 2014, 03:51:17 PM I think it would be great. He devised something truly revolutionary that has made all our lives better.
Maybe he goes and rains a billion of it on various gambling sites just to celebrate! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: knight22 on July 27, 2014, 03:52:23 PM How rich are you when you control the printing press of a currency?
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: shawshankinmate37927 on July 27, 2014, 04:16:45 PM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time Yeah, there were many trillionaires in Zimbabwe as their currency was collapsing. Same will happen with the USD. It's not a question of "if", but "when". Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: falllling on July 27, 2014, 04:17:38 PM Satoshi cashing out some Bitcoins!!!
Quote http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/ https://bitcointalk.org/index.php?topic=712502.0 The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were? I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is. ** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to. https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1 https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2 https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009. For those who do not know, the very first bitcoin block ever was mined on January 3, 2009 https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f The second one wasn't mined until 6 days later on January 9, 2009: https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048 So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this! These begin with block #2400!! All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!! And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published. So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end). i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: shawshankinmate37927 on July 27, 2014, 04:29:49 PM Not really. World's economy is far bigger than 21 trillion USD. The amount of debt that will be amassed by the politicians in the US federal government will probably surpass 21 trillion USD shortly after Hillary moves back into the White House. That would be 1 million USD of debt for each bitcoin that will ever exist. So, it's not hard to imagine 1 million USD/BTC. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: haploid23 on July 27, 2014, 04:46:13 PM "Trillionaire" implies that he's that rich in fiat. If this were to be true, then he would have to cash out hit btc to be this rich in fiat. (Lets just put aside how much each btc would be worth for this to happen, because this alone will show how BS this thread is). Now if he really were to cash out all his btc, do you honestly think he would get a trillion dollars, or would it eat up every buy order and crash the price?
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: findftp on July 27, 2014, 05:10:35 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). Bitcoin is maxed out at 21 million so trillion is impossible.What is your opinion ? Don't relate bitcoin to grains of sand, stars, water molecules or fiat, it's useless. Bitcoin IS money. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Minecache on July 27, 2014, 06:08:45 PM 1 bit coin at $1m you guys are deluding yourselves.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Bitcoinpro on July 27, 2014, 06:09:12 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? yaynay Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 27, 2014, 06:18:04 PM 1 bit coin at $1m you guys are deluding yourselves. I'm taking the pain to post it once again for u... I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: btcforall777 on July 27, 2014, 06:23:43 PM all very interesting..
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Cryptopher on July 27, 2014, 06:26:06 PM Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells. Maybe he can become a trillionaire in some weak currency. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: CasinoBit on July 27, 2014, 06:38:50 PM Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough. Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells. Maybe he can become a trillionaire in some weak currency. LOL, someone is thinking in fiat. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 27, 2014, 06:44:00 PM Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough. Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells. Maybe he can become a trillionaire in some weak currency. Bill Gates is not a billionaire by FIAT. He is a billionaire by considering his MS stock value. So why that would be different for Satoshi ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: jubalix on July 27, 2014, 06:44:28 PM Actually I've read that the first trillion dollar company may be a bitcoin related company Satoshi is like the mist, vapor, intelligence reports say the name is FAKE So if he does have 1M coins 1K btc makes he only a billionaire $100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin Apple is or is one of the top valued companies in the world, only 600Bil in cap value. Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read. I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people. Through reading the core code. So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are That's my OPinion Now you can all say Satoshi is real, he exists etc. Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard. So let's say it was 4 people, 250K of the 1M stash each then But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins. So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc there are already many > 1T companies and at least 1 x 10T companies, they are just private/gov. Eg Saudi Aramco Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Cryptopher on July 27, 2014, 07:15:54 PM Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough. Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells. Maybe he can become a trillionaire in some weak currency. LOL, someone is thinking in fiat. With all due respect the question by the OP was termed in fiat. What's more, the website which the OP linked to says the following: Quote If anybody holds a huge chunk of BTC (suppose 1 million) and .0000001 BTC equals 1 USD, there will be an eventual BTC trillionaire. Taken from: http://upalc.com/bitcoin-trillionaire.php Have you finished lolling yet? Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough. Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells. Maybe he can become a trillionaire in some weak currency. Bill Gates is not a billionaire by FIAT. He is a billionaire by considering his MS stock value. So why that would be different for Satoshi ? The MS stocks are very liquid in comparison to satoshi's bitcoins. Bill could go and generate $1 billion from his stocks ASAP, meanwhile there's no guarantee that satoshi could generate the equivalent from bitcoins. Realistically the only way he could would be to hand over access to the addresses to the prospective buyer on completion of the sale, else the market would tank. Though why anybody would buy the addresses is beyond me. I don't believe that satoshi's bitcoins could be realistically be included to his networth at the market price. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: johnyj on July 27, 2014, 07:53:08 PM Trillionaire in FIAT??? All central banks are.
The biggest scam within fiat money system is: Without first get the ownership of every newly created base money, the central bank can not loan out them (you can't loan out something that does not belong to you, that will be fraud). So they actually own every newly created dollar, so the increase in M0 will equal to the gain of their net worth each year Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: findftp on July 27, 2014, 09:52:20 PM You wanne be a trillionaire?
How about I give you one trillion grains of sand and you give me one bitcoin. Does that sound like a good deal to you? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: gambian- on July 27, 2014, 10:42:19 PM Come on OP...
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion Or better yet, 100 million coins at the price of $10,000 a coin Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence. Do some basic math before creating these threads, not hard! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: findftp on July 27, 2014, 11:13:45 PM Come on OP... Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion Or better yet, 100 million coins at the price of $10,000 a coin Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence. Do some basic math before creating these threads, not hard! http://bloggingblue.com/wp-content/uploads/2012/02/Billion_Dollar_Bill.jpg?6b854b Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: gambian- on July 27, 2014, 11:23:21 PM Come on OP... Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion Or better yet, 100 million coins at the price of $10,000 a coin Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence. Do some basic math before creating these threads, not hard! http://bloggingblue.com/wp-content/uploads/2012/02/Billion_Dollar_Bill.jpg?6b854b My math is correct as far as I can see Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: findftp on July 27, 2014, 11:27:46 PM Come on OP... Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion Or better yet, 100 million coins at the price of $10,000 a coin Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence. Do some basic math before creating these threads, not hard! http://bloggingblue.com/wp-content/uploads/2012/02/Billion_Dollar_Bill.jpg?6b854b My math is correct as far as I can see Now, when a loaf of bread costs 100.000.000USD, do you think a bitcoin could be worth 1 trillion? If not, do the math again. Your math is based on a fixed dollar while the dollar is FAR from that. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: walletla on July 28, 2014, 04:21:15 AM ;D not very likely unless USD died or thrid world war
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bbit on July 28, 2014, 04:43:58 AM Satoshi Nakamoto potentially may become the world's first trillionaire, yes. Basically, this ^^. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: gambian- on July 28, 2014, 04:56:44 AM Come on OP... Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion Or better yet, 100 million coins at the price of $10,000 a coin Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence. Do some basic math before creating these threads, not hard! http://bloggingblue.com/wp-content/uploads/2012/02/Billion_Dollar_Bill.jpg?6b854b My math is correct as far as I can see Now, when a loaf of bread costs 100.000.000USD, do you think a bitcoin could be worth 1 trillion? If not, do the math again. Your math is based on a fixed dollar while the dollar is FAR from that. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Syke on July 28, 2014, 06:03:39 AM the FUD about how many coins he got is based on people adding together all the different addresses of the coins from january 2009 forward for a few months.. but im sad to say that satoshi, hal finney, and a few other notable names all were mining at the same time. it was not just satoshi by himself. The estimate of Satoshi's bitcoin holdings (980k) is based on analysis of the data in the actual blocks, not just some sort of address guessing. Bottom line, Satoshi was a persistent miner with significant hardware. He mined a lot of bitcoins which are largely unspent. http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/ Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: justusranvier on July 28, 2014, 06:07:06 AM the only possible way this could happen is if Bitcoin completely replaced all the world's fiat. That has always been the plan, going back from before Bitcoin was invented.You could say that's the endgame of cryptoanarchism. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 28, 2014, 08:15:20 AM the FUD about how many coins he got is based on people adding together all the different addresses of the coins from january 2009 forward for a few months.. but im sad to say that satoshi, hal finney, and a few other notable names all were mining at the same time. it was not just satoshi by himself. The estimate of Satoshi's bitcoin holdings (980k) is based on analysis of the data in the actual blocks, not just some sort of address guessing. Bottom line, Satoshi was a persistent miner with significant hardware. He mined a lot of bitcoins which are largely unspent. http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/ Most of the people here are not ready to accept the outcome of this blockchain analysis for some unknown reason !!! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: findftp on July 28, 2014, 08:26:12 AM Come on OP... Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion Or better yet, 100 million coins at the price of $10,000 a coin Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence. Do some basic math before creating these threads, not hard! http://bloggingblue.com/wp-content/uploads/2012/02/Billion_Dollar_Bill.jpg?6b854b My math is correct as far as I can see Now, when a loaf of bread costs 100.000.000USD, do you think a bitcoin could be worth 1 trillion? If not, do the math again. Your math is based on a fixed dollar while the dollar is FAR from that. You should look at http://www.usdebtclock.org/ to see the progress. Bitcoin also inflates, but with a known rate, and instead of FIAT paper less and less every day untill they are all mined. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bitjoint on July 28, 2014, 10:34:58 AM What is your opinion ? First? LOL... There are already loads of trillionaires in Zimbabwe... http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpg http://si.wsj.net/public/resources/images/P1-BA632_ZIMDLR_DV_20110510183741.jpg ;D Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 28, 2014, 02:15:27 PM What is your opinion ? First? LOL... There are already loads of trillionaires in Zimbabwe... http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpg http://si.wsj.net/public/resources/images/P1-BA632_ZIMDLR_DV_20110510183741.jpg ;D The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: justusranvier on July 28, 2014, 02:39:56 PM The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro. Not quite.The common concept of a trillionaire is to have the equivalent purchasing power of 1 trillion contemporary US Dollars. (or Euros, or any other currency within the same order of magnitude). It's important to always reference purchasing power, since the USD could go full Weimar at any time. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: leex1528 on July 28, 2014, 02:46:18 PM We don't know if he is a single person, a group of people, or whom he is, how will we ever know how much money he has???
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitcoinMillionaire on July 28, 2014, 04:09:30 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? It's my mission to become the first BitcoinBillionaire! Who cares for FIAT Trillionaires, if you can have a trillion Bitcoin!!! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Beliathon on July 28, 2014, 05:13:33 PM AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them. LoLz... there is a world outside USA where IRS cant do anything. The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro. I dare you may have missed the point...Spoiler: The US dollar will not always be as valuable as it is today (https://www.youtube.com/watch?v=dQdmsL147j0). Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bitjoint on July 28, 2014, 05:21:34 PM It's important to always reference purchasing power, since the USD FTFY ;) http://www.economicnoise.com/wp-content/uploads/2012/04/inflationValueOfOne1913Dollar.png http://azizonomics.files.wordpress.com/2012/01/20120103_jpm_reserve.png Bitcoin to the rescue! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 28, 2014, 06:06:06 PM It's important to always reference purchasing power, since the USD FTFY ;) http://www.economicnoise.com/wp-content/uploads/2012/04/inflationValueOfOne1913Dollar.png http://azizonomics.files.wordpress.com/2012/01/20120103_jpm_reserve.png Bitcoin to the rescue! There is no problem in going by the purchasing power. But, then go for 1T USD's purchasing power. Not 1T zimbabwean dollar's. ;) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: wdmw on July 28, 2014, 06:30:15 PM i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives Are you unable to move on with your life if there is an open topic on a forum? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on July 28, 2014, 09:00:46 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? It's my mission to become the first BitcoinBillionaire! Who cares for FIAT Trillionaires, if you can have a trillion Bitcoin!!! BitcoinBillionaire is a vague concept. Forget about trillion Bitcoin. Bitcoin is restricted to 21 million by 2140. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Trance on July 28, 2014, 10:47:54 PM Sure, but only 'virtually' be worth that much.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Trance on July 28, 2014, 10:48:49 PM What is your opinion ? First? LOL... There are already loads of trillionaires in Zimbabwe... http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_$100_trillion_2009_Obverse.jpg http://si.wsj.net/public/resources/images/P1-BA632_ZIMDLR_DV_20110510183741.jpg ;D The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro. haha this is awesome where did you find that picture of the bill? lol Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: hamiltino on July 28, 2014, 11:51:37 PM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives yes "move on" Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: gtraah on July 29, 2014, 08:44:39 AM firstly satoshi does not own 1mill coins. sorry but just no.. between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives yes "move on" Please lets, he doesn't have 1 mill, If anything it would be in the range of 250k and that's if he constantly mined. Because lets not forget there were MORE people mining Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: ljudotina on July 29, 2014, 08:51:30 AM I'm pretty much sure that Rothschild's are already trillionairs when you put in acount everything they directly and indirectly own. So, Satoshi, if he still has private keys can become second trillionari or something along those lines.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: leex1528 on July 29, 2014, 12:42:16 PM How could he be that rich, first, we don't know what he/she/they are. 2nd-they don't have that many coins, right now it would take about
1,666,666,666 = 1 Trillion(roughly) 3rd-My guess is they are not even involved in Bitcoin anymore So simple answer, no Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: cryptomr on July 29, 2014, 12:47:31 PM Nope he'll end up as a bum
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: hellscabane on July 29, 2014, 02:57:28 PM You wanne be a trillionaire? Yes, this actually does sound like a good deal. Get me the sand first and I'll give you one bitcoin.How about I give you one trillion grains of sand and you give me one bitcoin. Does that sound like a good deal to you? [I'm not sure you actually took the trouble to calculate this out.] Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: ensurance982 on July 29, 2014, 04:53:26 PM Even if Satoshi became the world's first trillionaire, he could't sell all his stash for that much money. The market would have to grow many orders of magnitude to be even remotely able to absorb such a big amount of coins!
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: TookDk on July 29, 2014, 05:42:01 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? It's my mission to become the first BitcoinBillionaire! Who cares for FIAT Trillionaires, if you can have a trillion Bitcoin!!! Mission failed. There can only be ~21 million bitcoins in existence. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: leex1528 on July 29, 2014, 07:50:08 PM Even if Satoshi became the world's first trillionaire, he could't sell all his stash for that much money. The market would have to grow many orders of magnitude to be even remotely able to absorb such a big amount of coins! He cannot become a trillionaire unless the Bitcoin price skyrockets from what it is now. Assuming he had all 21million coins that aren't even out yet, I think the price would need to be about 5000 per coin(I am just mathing here folks)..... Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: jbreher on July 29, 2014, 09:02:20 PM Assuming he had all 21million coins that aren't even out yet, I think the price would need to be about 5000 per coin(I am just mathing here folks)..... You may think you are mathing, but you are not. Not by an order of magnitude. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: RocketSingh on July 29, 2014, 09:36:14 PM Even if Satoshi became the world's first trillionaire, he could't sell all his stash for that much money. The market would have to grow many orders of magnitude to be even remotely able to absorb such a big amount of coins! He cannot become a trillionaire unless the Bitcoin price skyrockets from what it is now. Assuming he had all 21million coins that aren't even out yet, I think the price would need to be about 5000 per coin(I am just mathing here folks)..... LoLz... u r really weak in math... r not u ? ;) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: CreationLayer on July 30, 2014, 01:39:22 AM I firmly believe that Satoshi is a collaboration of 3-4 developers, that likely mined early but the coins were distributed among them.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: RocketSingh on July 30, 2014, 09:06:50 AM I firmly believe that Satoshi is a collaboration of 3-4 developers, that likely mined early but the coins were distributed among them. But the blockchain analysis does not support your point of view. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: upal on August 16, 2014, 09:15:14 AM I expected at least few analytical comments on the article by those who read it. But interestingly people focussed on the word trillionaire and kept bashing here ...anyways !!!
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Sheldor333 on August 16, 2014, 02:51:08 PM Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on August 16, 2014, 03:05:05 PM Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so. Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: zen2 on August 16, 2014, 03:08:00 PM I think not but 21 Mio People Give 1 mio Dollar for 1 BTC in any Time
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bomb177 on August 16, 2014, 03:46:16 PM Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so. Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. In my opinion bitcoin won't reach 1 million USD ever, it should be the world currency to hit that value. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: leex1528 on August 16, 2014, 03:49:26 PM No, since he is not 1 person he cannot be a trillionaire. Even if they have 1 million bitcoins(Which I highly doubt they do) they probably split them up between the group, so say there are 5 of them(No idea how many there are) that would mean each person has 200,000 coins. Which means each coin would need to be worth like 100 million dollars......Keep dreaming.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: JLynn171 on August 16, 2014, 03:51:43 PM i think the Rothschilds are already trillionaires Agreed. If you take their combined family fortune wealth/assets and add them all up far in excess of a trillion dollars imho.yeah pretty sure their networth is about 400 Trillion lol Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Daniel91 on August 16, 2014, 04:03:10 PM Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so. Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. In my opinion bitcoin won't reach 1 million USD ever, it should be the world currency to hit that value. Yes, I agree. In fact, several countries should accept bitcoin as their currency and maybe, in such case, such scenario can happen. I doubt this will happen in the near future. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Sheldor333 on August 16, 2014, 04:06:42 PM Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so. Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bryant.coleman on August 16, 2014, 06:23:45 PM Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so. Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. Total world wealth is less than $200 trillion, and less than 5% of that is in the form of fiat cash. Even if BTC could capture 10% of the fiat market share, its market cap would only come to $1 trillion. With 1 million coins, Satoshi's stash will be worth some $50 billion. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on August 17, 2014, 09:25:27 AM Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so. Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. Total world wealth is less than $200 trillion, and less than 5% of that is in the form of fiat cash. Even if BTC could capture 10% of the fiat market share, its market cap would only come to $1 trillion. With 1 million coins, Satoshi's stash will be worth some $50 billion. Where did u get that data that the total world wealth is less than $200 trillion ? Any authentic source to support that claim ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: RocketSingh on August 18, 2014, 08:10:54 PM i think the Rothschilds are already trillionaires Agreed. If you take their combined family fortune wealth/assets and add them all up far in excess of a trillion dollars imho.yeah pretty sure their networth is about 400 Trillion lol They are a family... not an individual. Bill Gates has more wealth than a single Rothschilds. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 08, 2014, 10:33:54 PM The suspected trillionaire has just asked for some coins from theymos ;)
The email said: Quote from: satoshin@gmx.com Michael, send me some coins before I hitman you. Not exactly Satoshi's normal style. ;) @theymos does an email get expired on gmx.com ? I don't know. Have u received previous mails from him ? Did he use to sign those ? I did receive emails from him in 2010. He didn't sign them. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: oceans on September 09, 2014, 12:06:28 AM Not too sure about him becoming the worlds first trillionaire that would take a lot and I am sure he works with people whom he would need to share anything he gets with so I don't personally see this being the case.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: LumphiniGarden on September 09, 2014, 12:19:44 AM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). Well, technically it's possible. What is your opinion ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: blatchcorm on September 09, 2014, 02:53:41 AM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 09, 2014, 08:28:42 AM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time That would be a very light statement in my opinion. World's strongest currency wont evaporate in air overnight. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: MasterCasino on September 09, 2014, 12:15:53 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? Satoshi Nakamoto is not one person. He is atleast 20 people in the making. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: minerpumpkin on September 09, 2014, 12:35:10 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? Well I believe that we mustn't confuse the value of the Bitcoins one holds with the potential money you can get for them. The total market cap doesn't reflect the actual amount of money put into Bitcoin, after all! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: spazzdla on September 09, 2014, 12:46:49 PM The Rothschilds beat him/her/them to it.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 09, 2014, 04:39:46 PM The Rothschilds beat him/her/them to it. Which individual Rothschilds u r talking about ? They are a family who are into business for generations... Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: LiteCoinGuy on September 09, 2014, 04:43:56 PM first trillionaire ? i guess not anymore :P
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: TaunSew on September 09, 2014, 05:48:18 PM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time That would be a very light statement in my opinion. World's strongest currency wont evaporate in air overnight. Maybe not trillionaires but the currency did lose 98% of its' purchasing power since the 1910s. $10 million today, based on historic inflation, might only be worth the equivalent of lower six figures in 40 years. Of course the world, with all its' debt, is in a very peculiar state compared to the Cold War decades and inflation could surpass historic inflation. In some ways most people already know this - there's a reason why the middle class, once getting their paycheque, puts their money into real estate or gives it to investment funds who promise returns beyond inflation. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 09, 2014, 05:57:56 PM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time That would be a very light statement in my opinion. World's strongest currency wont evaporate in air overnight. Maybe not trillionaires but the currency did lose 98% of its' purchasing power since the 1910s. $10 million today, based on historic inflation, might only be worth the equivalent of lower six figures in 40 years. Of course the world, with all its' debt, is in a very peculiar state compared to the Cold War decades and inflation could surpass historic inflation. In some ways most people already know this - there's a reason why the middle class, once getting their paycheque, puts their money into real estate or gives it to investment funds who promise returns beyond inflation. On the contrary, Bitcoin is a deflationary currency in nature as its supply diminishes with time and demand increases. So, at some point, rather than real estate or other legacy investment funds, people may chose to invest in Bitcoin as a better store of it value. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: leex1528 on September 09, 2014, 06:13:14 PM We really got to stop posting in threads like this because obviously no, he will not, and it is bumping an old thread too.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Orangina on September 09, 2014, 06:32:32 PM We will never know who is Satoshi ::)
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: lemfuture on September 09, 2014, 06:34:29 PM We will never know who is Satoshi ::) he and his peer knowsTitle: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: daimyo on September 09, 2014, 06:47:03 PM There probably already is a trillionaire in the House of Saud. If not, then the next war will make one. maybe we all are gonna be trillionaires after a next war... assuming that a loaf of bread costs a billion dollars :D Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Yeni78 on September 09, 2014, 11:29:39 PM first trillionaire ? i guess not anymore :P They control the printing press. They control the Federal Reserve. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Bobblehead Pete on September 10, 2014, 01:57:42 PM We will never know who is Satoshi ::) he and his peer knowsI still believe that Satoshi is not an "is" Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: btchaste on September 10, 2014, 02:54:36 PM Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire. The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: jazzhot on September 10, 2014, 03:14:44 PM Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire. The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! But, only 21,000,000 coins will exist. If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 10, 2014, 05:21:24 PM Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire. The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! But, only 21,000,000 coins will exist. If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire. We can all be trillionaires, if we measure our wealth in grains of rice. The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro... let alone grains of rice. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: InwardContour on September 10, 2014, 06:48:50 PM Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire. The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! But, only 21,000,000 coins will exist. If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire. We can all be trillionaires, if we measure our wealth in grains of rice. The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro... let alone grains of rice. If we count 1 satoshi as the unit of measure than we will have many trillionaires in the future. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 10, 2014, 10:55:49 PM This is still fantasy. Bitcoin will have many competitors soon. Who knows what the price will be. If u r talking about Alts, none is close as of yet. The combined market-cap of all the alts are far lower than Bitcoin's market-cap alone. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: dankkk on September 11, 2014, 11:38:08 PM This is still fantasy. Bitcoin will have many competitors soon. Who knows what the price will be. If u r talking about Alts, none is close as of yet. The combined market-cap of all the alts are far lower than Bitcoin's market-cap alone. Another issue with this is that altcoins are much less secure then bitcoin is, and when you add that to the fact that altcoins add nothing to the table that bitcoin does not provide you will result in all altcoins ultimately failing. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Orangina on September 12, 2014, 06:36:45 PM Why is that lel , he is not known & I don't really see how he is making money from BTC .
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Gnarrrly on September 12, 2014, 06:48:32 PM Rothchilds are, they just dont report it imo.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: TwoCoins1Purse on September 12, 2014, 08:32:05 PM Rothchilds are, they just dont report it imo. I wonder how much wealth and influence they would have if the world did transition to a digital currency economy Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BTCINVESTOR on September 12, 2014, 10:05:53 PM Correct me if I'm wrong, but aren't Satoshi's bitcoins scattered among a huge number of individual addresses on the blockchain?
I think, knowing his nature, he likely was throwing them away into addresses that he was not keeping private keys for. Most of the coins were generated in the early days of bitcoin when they were hardly worth anything. I suspect he was throwing them away in an effort to provide an artificial scarcity in the coin, hoping it would make them more rare and desirable. Perhaps he second guessed himself in the early days, wondering if he had produced too many of them in the algorithm. If he did want to keep them for himself, he would likely have tended to consolidate them into fewer addresses. I suspect they will never be used. He is the kind of guy that prizes efficiency and would have wanted an easier way to keep track of something like that don't you think? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: edgar on September 13, 2014, 05:10:13 AM Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire. The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! But, only 21,000,000 coins will exist. If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire. We can all be trillionaires, if we measure our wealth in grains of rice. The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro... let alone grains of rice. maybe in the USA is a national concept/currency considered 'the common...' do you honestly believe that europeans, australians, asians, africans et al, consider USD the common concept of ANYTHING? i know you do, but it makes you ignorant of the rest of the worlds opinions and realities based upon your own myopic world view. books. ftw. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: belk on September 16, 2014, 11:44:44 AM Satoshi Nakamoto must be USD millionare Satoshi Nakamoto isnt a millionaire or a trillionaire - Satoshi Nakamoto, I think, is more than 1 people. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: gtraah on September 16, 2014, 11:57:49 AM I am not sure if he is one or more people, sounds to me from his writings that he is one guy, but who knows. There is one thing I don't believe for a SINGLE second is that he mined 1 million BTC on his own. More than just a few people started mining the first year. This 1 million rumor keeps coming back around and around and doesn't seem to get through to anyone, calculations were done which make it very improbable that he actually mined 1000 000 on his own, I do not understand why people still assume it after giving it some logical thought.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: giveBTCpls on September 16, 2014, 04:38:02 PM Families like Rothchilds are sitting on trilli's... of course you don't see them in magazines like Forbes because it would actually be bad for them. Why become a target? they keep doing their thing in the shadows.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: tzortz on September 16, 2014, 08:58:25 PM He deserves it to be one.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: exocytosis on September 16, 2014, 09:07:00 PM Satoshi will be broke a couple of years from now, unless he's dumped his BTC stash by then.
Then he'll have to start a new Ponzi scheme. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Velkro on September 17, 2014, 07:50:36 AM time will tell
only it Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: halfbitcoin on September 17, 2014, 08:10:19 AM If he will be trillionaire, I will have some real money, so I'm hoping it.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: OrientA on September 17, 2014, 08:55:06 AM 1 million BTC will be 1 trillion USD. But I doubt Satoshi will live that long to see it.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 17, 2014, 09:12:15 AM Satoshi will be broke a couple of years from now, unless he's dumped his BTC stash by then. Then he'll have to start a new Ponzi scheme. Do u know when a scheme is called Ponzi ? It needs to commit a return on a certain investment whilst paying old investors with the investment of new investors and having no real business to grow the investment value. Please tell me, where do u see Bitcoin to satisfy this condition ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: OrientA on September 17, 2014, 10:04:51 AM Satoshi will be broke a couple of years from now, unless he's dumped his BTC stash by then. Then he'll have to start a new Ponzi scheme. Do u know when a scheme is called Ponzi ? It needs to commit a return on a certain investment whilst paying old investors with the investment of new investors and having no real business to grow the investment value. Please tell me, where do u see Bitcoin to satisfy this condition ? I do not think he understands what a Ponzi is. BTC is useful. It is just not an investment. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: lamaze on September 18, 2014, 07:22:06 AM Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: 78lower01 on September 18, 2014, 07:27:27 AM Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum. We know he was a single person and btw I think also that he is here reading us. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: OrientA on September 26, 2014, 03:40:21 PM Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum. We know he was a single person and btw I think also that he is here reading us. ...and laughing hilariously ;) He is not so low. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on September 26, 2014, 04:08:00 PM Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum. We know he was a single person and btw I think also that he is here reading us. ...and laughing hilariously ;) He is not so low. Why do u think that laughing hilariously in private at the childish behavior of some individual is something low ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: newIndia on September 29, 2014, 06:48:20 PM Satoshi Nakamoto must be USD millionare Satoshi Nakamoto isnt a millionaire or a trillionaire - Satoshi Nakamoto, I think, is more than 1 people. If he is a single person, then he is definitely an USD millionare now. But the way price is falling, I'd wonder if he can become a Billionaire soon... forget being trillionare for the moment :) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: exocytosis on September 29, 2014, 06:51:13 PM Satoshi will be more or less broke in a couple of years. Unless he starts dumping his coins today.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: keithers on October 03, 2014, 12:39:07 AM I wonder if he will ever allow his true identity to be known publicly. The bigger that BTC gets the more likely it becomes that he doesn't want to be known.
I guess even if a fatal flaw or something was found, then he still wouldn't want to be found because he would get blamed by a lot of people for losing money. It is basically a lose/lose situation if his identity is found, so he has done a great job of staying out of the public eye... He must be hanging out somewhere with Tupac and Elvis...or maybe Santa Claus Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Itsumo on October 03, 2014, 05:06:19 AM I still dont believe that Satoshi Nakamoto is 1 person only.. But yes, the "company" that he built maybe worth a trillion years from now.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: OrientA on October 03, 2014, 08:22:49 AM I still dont believe that Satoshi Nakamoto is 1 person only.. But yes, the "company" that he built maybe worth a trillion years from now. He probably has the collective talents of many people. He is worth hundreds of so called economists. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on October 13, 2014, 09:56:42 PM I wonder if he will ever allow his true identity to be known publicly. The bigger that BTC gets the more likely it becomes that he doesn't want to be known. I guess even if a fatal flaw or something was found, then he still wouldn't want to be found because he would get blamed by a lot of people for losing money. It is basically a lose/lose situation if his identity is found, so he has done a great job of staying out of the public eye... He must be hanging out somewhere with Tupac and Elvis...or maybe Santa Claus May be like Deep Throat (https://en.wikipedia.org/wiki/Deep_Throat_(Watergate)), Satoshi will reveal himself after a very long time... Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: tzortz on October 13, 2014, 10:37:03 PM Satoshi will be more or less broke in a couple of years. Unless he starts dumping his coins today. So funny. You have anything better than that? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Minecache on October 13, 2014, 10:48:16 PM Actually I've read that the first trillion dollar company may be a bitcoin related company Satoshi is like the mist, vapor, intelligence reports say the name is FAKE So if he does have 1M coins 1K btc makes he only a billionaire $100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin Apple is or is one of the top valued companies in the world, only 600Bil in cap value. Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read. I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people. Through reading the core code. So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are That's my OPinion Now you can all say Satoshi is real, he exists etc. Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard. So let's say it was 4 people, 250K of the 1M stash each then But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins. So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc Grow up man. What is this DC Comics? FFS. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: coinmaster222 on November 17, 2014, 07:07:26 AM Whoever the man is by name I am led to believe he destroyed all his coins ages ago
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: coinmaster222 on November 17, 2014, 07:12:43 AM I have wondered for ages is his name an anogram
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: pitham1 on November 18, 2014, 01:39:29 AM Whoever the man is by name I am led to believe he destroyed all his coins ages ago We can never be sure. There are eagles watching for any movement in those early wallets. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: sobitcoin on November 18, 2014, 01:46:38 AM This is still fantasy. Bitcoin will have many competitors soon. Who knows what the price will be. If u r talking about Alts, none is close as of yet. The combined market-cap of all the alts are far lower than Bitcoin's market-cap alone. Another issue with this is that altcoins are much less secure then bitcoin is, and when you add that to the fact that altcoins add nothing to the table that bitcoin does not provide you will result in all altcoins ultimately failing. I see ALT coins nothing more than marketing value. Formainstream adoption it's all about merchant integration, as far as I have seen BTC and Doge lead the market for that. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Beliathon on November 18, 2014, 02:15:38 AM AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them. There is a world outside USA where IRS cant do anything. http://www.ronpaulinstitute.org/media/119271/US-Military-Bases-Worldwide-1-.jpg Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: OmegaStarScream on November 18, 2014, 06:37:34 PM Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum. Most likely only one person , and obviously he is watching the forum with another account here . I don't think he will let his project just like that beside Theymos and BadBear probably know him IRL even if they deny it. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bitboy11 on November 18, 2014, 08:43:55 PM Maybe his grandchildren will be the 1st Trillionaires. ;D
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: yeponlyone on November 18, 2014, 08:56:39 PM Satoshi will be more or less broke in a couple of years. Unless he starts dumping his coins today. I hope not, for everyone invested's sake :-\ Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bongger on November 19, 2014, 07:37:42 PM If I was Satoshi I wouldn't give a crap cuz I'd be rich!!!! Bitch!!! ;D
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: vm_mpn on November 20, 2014, 05:02:33 AM If you look at historical data you will see first 50BTC transaction recorded January 3, 2009 by one unique address.
https://i.imgur.com/4IfRhU6.png A week later 14 transactions have been recorded with 750 BTC in existence. We have 14 unique addresses and they can easily belong to one man (Satoshi?) testing send / receive. https://i.imgur.com/MvB2eRd.png A year later we have over 1.6 Million BTC in existence with 119 unique addresses active that day. This generally tells you how very few people Bitcoin network had a year after genesis block. A handful of insiders already owned over 1.6 mil coins. https://i.imgur.com/Tb0FqhV.png So, yes, I can easily believe Satoshi owns 1 million coins. Btcregistry.com is in my sig if you want to check more historical blockchain data. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bornil267645 on November 20, 2014, 06:25:49 AM It very much on the card. As far as we are concerned, he may be sitting on the biggest BTC wallet. And who knows, when the price spikes up, maybe he will become even more rich.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: newIndia on December 31, 2014, 02:09:43 PM It very much on the card. As far as we are concerned, he may be sitting on the biggest BTC wallet. And who knows, when the price spikes up, maybe he will become even more rich. Satoshi's stash is Proof of Stake for bitcoin... or u can say Proof of Burn too ;) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: moko666 on December 31, 2014, 05:10:28 PM yes he will be the bitcoin will be first one to give the world a trillionaire
but it will possible after bitcoin reach 1000$ and he hold his bitcoins till then Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: slaveforanunnak1 on January 02, 2015, 06:47:35 AM i think the Rothschilds are already trillionaires Agreed. If you take their combined family fortune wealth/assets and add them all up far in excess of a trillion dollars imho.they own countries lol Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: jubalix on January 02, 2015, 10:00:47 AM Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time This + 1000 and for any central bank. $1 million is pretty low ball as 1 mill is not that much any more. Looking at some stats lately house have gone up between 5 or 10 x wages in the last 30 years. Where has this money come from? Printing with banks giving money to themselves and friends. "A" Beauty of BTC is you can't really short or inflate it. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: leex1528 on January 13, 2015, 01:54:51 PM so if Satoshi has 1.6 million coins, he would need the value of said coins to be around 30,000 dollars I believe? Not going to happen.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: TookDk on January 13, 2015, 02:04:46 PM so if Satoshi has 1.6 million coins, he would need the value of said coins to be around 30,000 dollars I believe? Not going to happen. Your math is broken... 1.6*10^6 * 30*10^3 = 48*10^9 A trillion is 1*10^12. The value of each of the 1.6 million coins you mention should be: 1*10^12 / 1.6*10^6 = 625000 Each coin needs to be valued $625000 if he should be a trillionaire in terms of dollars. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: leex1528 on January 13, 2015, 02:28:03 PM Yeah I was just quickly guessing without doing math. That sounds a lot more correct though. Anyway, not going to happen.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: TookDk on January 13, 2015, 03:34:33 PM Yeah I was just quickly guessing without doing math. That sounds a lot more correct though. Anyway, not going to happen. Pretty ok estimate from the hip then, cheers :) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: GigaBit on January 13, 2015, 03:36:20 PM Uhm... the Rothschild family is the world's first trillionaire.
Discover how the world was bankrolled by one evil man using deception at the last Napoleonic war. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: sobitcoin on January 14, 2015, 12:01:14 AM Uhm... the Rothschild family is the world's first trillionaire. Discover how the world was bankrolled by one evil man using deception at the last Napoleonic war. Although we advance so far in technological terms, the world still feels like it's an emperors and slaves picture... Wait a second.... it is.. ::) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: jbreher on January 14, 2015, 07:09:46 AM ... the last Napoleonic war. I hate to make righteous Rothschild indignation more diffuse, and I can't claim to be a historical scholar, but wouldn't the Napoleonic wars start and end with Napoleon? Is any finer parsing necessary for making the point about wars and central banking? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: newIndia on February 15, 2015, 10:48:48 AM so if Satoshi has 1.6 million coins, he would need the value of said coins to be around 30,000 dollars I believe? Not going to happen. Your math is broken... 1.6*10^6 * 30*10^3 = 48*10^9 A trillion is 1*10^12. The value of each of the 1.6 million coins you mention should be: 1*10^12 / 1.6*10^6 = 625000 Each coin needs to be valued $625000 if he should be a trillionaire in terms of dollars. Where do we have the data that Satoshi owns 1.6 million coins ? According to https://bitcointalk.org/index.php?topic=321265.0, he owns 980,000 and it is very unlikely that he mined more with an ASIC after this stash. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: 12345mm on February 15, 2015, 11:06:02 AM I think the real question is ... do we the people of earth actually want a or any trillionaires to exist ? ... at what point is enough enough ? ... when you have 10 dollars per every person on earth ? ... when you have 100 per every person on earth ? ... 1000? ... will the world actually be a better place if one person claims the title of "money god" ? ... never to be surpassed ever until a solar flare ends electrical society ? ... why not 1 person owns all the resources on earth and everyone else owns nothing and are permanent slaves ? ... is the natural end result of capitalism true hell for all people on earth aside from 1 person / family ? ...
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: RocketSingh on February 15, 2015, 11:25:37 AM I think the real question is ... do we the people of earth actually want a or any trillionaires to exist ? ... at what point is enough enough ? ... when you have 10 dollars per every person on earth ? ... when you have 100 per every person on earth ? ... 1000? ... will the world actually be a better place if one person claims the title of "money god" ? ... never to be surpassed ever until a solar flare ends electrical society ? ... why not 1 person owns all the resources on earth and everyone else owns nothing and are permanent slaves ? ... is the natural end result of capitalism true hell for all people on earth aside from 1 person / family ? ... Unfortunately, this is how our world works. You might like to see this - https://www.youtube.com/watch?v=uWSxzjyMNpU Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Honeybooboo on February 15, 2015, 11:32:27 AM I think the real question is ... do we the people of earth actually want a or any trillionaires to exist ? ... at what point is enough enough ? ... when you have 10 dollars per every person on earth ? ... when you have 100 per every person on earth ? ... 1000? ... will the world actually be a better place if one person claims the title of "money god" ? ... never to be surpassed ever until a solar flare ends electrical society ? ... why not 1 person owns all the resources on earth and everyone else owns nothing and are permanent slaves ? ... is the natural end result of capitalism true hell for all people on earth aside from 1 person / family ? ... Why not? As long as they did positive things with it what would be the bad thing about it? I'd like to see what satoshi would actually do if he became a trillionaire. Owning that sort of money could make him come out of hiding (or even actually stay hidden). He could change the world with that sort of money and maybe he may feel obliged to actually use it for good in some way. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: 12345mm on February 15, 2015, 11:43:13 AM there certainly are some arguments as to the benefit of having an "enlightened dictator" ... really what else could you do if you owned all of the resources of earth other than help people ? ... oh wait .. you could commit genocide on billions so you could convert euroasia into a panda and rhino hunting preserve ...
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: steven.G999 on February 15, 2015, 11:59:21 AM so how easy he makes bitcoin then sell them in large quantities ??? ???
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: TookDk on February 15, 2015, 01:22:36 PM --snip Btcregistry.com is in my sig if you want to check more historical blockchain data. That is a great webpage, good job, if you are the creator! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: havecoch on February 15, 2015, 02:05:27 PM There is no way he can sell all that btc without crashing the price to a dollar.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bf4btc on February 15, 2015, 02:06:31 PM In short no he will not be, because there are already a few trillionaires, rothschild to name 1 i doubt they hae the est 500 trillion but they sure have trillions.
Bitcoin has been dropping ever since the bubble and unfortunately it is going to continue :( Think the only reason it ever got to fairy good money was because of gox nothing else, we ladys and gentleman are on a sinking ship. This is where you shoot the messenger :) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: thejaytiesto on February 15, 2015, 04:29:14 PM firstly satoshi does not own 1mill coins. sorry but just no.. Bitcoin needs to be 1 million per coin eventually, otherwise i'll kill myself and so the world ends.between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire.. so i dont think so.. i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: manselr on February 15, 2015, 04:36:25 PM We don't know how many btc bitcoin has, its all speculation.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: moriartybitcoin on February 15, 2015, 08:25:39 PM Satoshi is either dead, lost his bitocin, or doesn't care about the crypto anymore .. either way, he's out of the picture
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: caga on February 15, 2015, 08:51:21 PM There is no way he can sell all that btc without crashing the price to a dollar. I doubt he will sell it. If he wanted to, then he would have. But seems no movement happening. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: croato on February 16, 2015, 12:30:17 AM Well someone got to be first.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: el kaka22 on February 16, 2015, 12:38:56 AM We don't know how many btc bitcoin has, its all speculation. yep we may only guess how many bitcoin he had Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: sakira on February 16, 2015, 01:47:46 AM should he be rich No. 1 in the world, because he creates and sells bitcoin :)
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Beymond on February 16, 2015, 03:39:05 AM He might be in future if the prices goes according to I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: viboracecata on February 16, 2015, 08:02:18 AM If you use bitcoin to judge his wealth, then he can be, but if you judge with US dollar, he never ever can be a trillionare
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: TriggerX on February 16, 2015, 08:06:27 AM should he be rich No. 1 in the world, because he creates and sells bitcoin :) Agree with this :D That Satoshi Nakamoto The Boss of Bitcoin 8) Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: liteon on February 16, 2015, 09:52:40 AM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). If BTC gets sky-value, he might be more then that.What is your opinion ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: nikona on February 16, 2015, 10:38:58 AM He might be in future if the prices goes according to I have a statistical explanation why 1BTC may equal 1M USD in future... Value of 1BTC (around figure) 2009 => 10-2 USD 2010 => 10-1 USD 2011 => 100 USD 2012 => 101 USD 2013 => 102 USD 2014 => 103 USD 2015 => 104 USD 2016 => 105 USD 2017 => 106 USD --- Early Adoption Ends Here and The Price Stabilizes --- Lol..i dont think this will happen the way given in the above figures...loads of factors r involved..The price doesnt go up just like that. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Inotanewbie on February 16, 2015, 02:11:21 PM You guys who think it will go to $1000 - $10000 - $1 000 000 are so cute ;D
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: cbeast on February 16, 2015, 02:28:12 PM You guys who think it will go to $1000 - $10000 - $1 000 000 are so cute ;D It already did go to $1000. Sorry you missed it. Stick around for the $10k. I want to see the look on your face then. So adorable. :DTitle: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: koelen3 on February 16, 2015, 03:25:15 PM Wait! Isn't he already s if we look in case of BTC
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: pereira4 on February 16, 2015, 04:18:21 PM You guys who think it will go to $1000 - $10000 - $1 000 000 are so cute ;D It already did go to $1000. Sorry you missed it. Stick around for the $10k. I want to see the look on your face then. So adorable. :DYeah what a tool. "Inotnanewbie" LOL. People back in 2009 said that everyone thinking BTC would reach 1 dollar were mentally delusional idiots. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: wadili89 on February 16, 2015, 04:28:10 PM i think the Rothschilds are already trillionaires Agreed. If you take their combined family fortune wealth/assets and add them all up far in excess of a trillion dollars imho.we are talking about individual here , individualy bill gates own the most money and if ever satoshi owns more then bill gates then no one gonna know that because he is annonimus Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: RocketSingh on February 16, 2015, 06:17:00 PM In short no he will not be, because there are already a few trillionaires, rothschild to name 1 i doubt they hae the est 500 trillion but they sure have trillions. Bitcoin has been dropping ever since the bubble and unfortunately it is going to continue :( Think the only reason it ever got to fairy good money was because of gox nothing else, we ladys and gentleman are on a sinking ship. This is where you shoot the messenger :) Restrict your imagination somewhere. Total world wealth is around 250 trillion. Please do understand that trillion is a VERY BIG NUMBER. 1 trillion = 1000,000,000,000 Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: OrientA on February 21, 2015, 02:09:40 PM Bitcoin needs to be 1 million per coin eventually, otherwise i'll kill myself and so the world ends. It will take long time to reach $1m. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Herbert2020 on February 21, 2015, 02:36:55 PM millionaire maybe but trillionaire! it is not possible but if the price of bitcoin skyrockets and we assume that he is going to dump a lot of BTC on the market he still has a long way to be a big trillionaire
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: irfan_pak10 on February 21, 2015, 02:43:48 PM millionaire maybe but trillionaire! it is not possible but if the price of bitcoin skyrockets and we assume that he is going to dump a lot of BTC on the market he still has a long way to be a big trillionaire May be who knows he is a millionare now. No one knows anything about satoshi so we cant predict about him Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: X7 on February 21, 2015, 02:44:45 PM millionaire maybe but trillionaire! it is not possible but if the price of bitcoin skyrockets and we assume that he is going to dump a lot of BTC on the market he still has a long way to be a big trillionaire May be who knows he is a millionare now. No one knows anything about satoshi so we cant predict about him No... he will be the first Bitillionaire Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: GonnaGrinditout on February 21, 2015, 02:46:36 PM Trillionaire? I don't think so.. A lot of tech CEO warn about a tech crash.. And Bitcoin is in the tech sector.
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Madness on February 21, 2015, 02:50:26 PM Let's just don't abuse , shall we ?
If he really owns 1.2 million BTC then the best he can be for now is a multi millionaire , Probably Billionaire after investing or waiting till the price rise . Beside , we have no idea who is Satoshi Nakamoto , so he is maybe already a Billionaire or a Millionaire and his BTC will just be a "small" amount to add to his fortune ;D ~ Madness Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: koelen3 on February 21, 2015, 08:30:38 PM Let's just don't abuse , shall we ? If he really owns 1.2 million BTC then the best he can be for now is a multi millionaire , Probably Billionaire after investing or waiting till the price rise . Beside , we have no idea who is Satoshi Nakamoto , so he is maybe already a Billionaire or a Millionaire and his BTC will just be a "small" amount to add to his fortune ;D ~ Madness We don't even know if it's a he/she or a group of people but i doubt that will make him/her/them trillionaire even in long run Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: pereira4 on February 21, 2015, 11:14:33 PM Let's just don't abuse , shall we ? If he really owns 1.2 million BTC then the best he can be for now is a multi millionaire , Probably Billionaire after investing or waiting till the price rise . Beside , we have no idea who is Satoshi Nakamoto , so he is maybe already a Billionaire or a Millionaire and his BTC will just be a "small" amount to add to his fortune ;D ~ Madness We don't even know if it's a he/she or a group of people but i doubt that will make him/her/them trillionaire even in long run Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: fatguyyyyy on February 21, 2015, 11:33:53 PM it's questionable whether satoshi is even alive at this point .. or if he has access to his coins at all
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: neurotypical on February 22, 2015, 01:15:32 AM it's questionable whether satoshi is even alive at this point .. or if he has access to his coins at all He posted recently (like months ago) when the Dorian Nakamoto incident happened.Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: dKingston on February 22, 2015, 03:01:55 AM does anyone really believe that silly newsweek story?
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Beymond on February 22, 2015, 04:30:29 PM No! he can't be a trillionare with current rate or anytime soon
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: dothebeats on February 22, 2015, 06:08:36 PM No one knows for certain who Satoshi Nakamoto is/are. And also, no one knows for certain whether bitcoin will gain value over time or decrease and soon be worthless in the coming years. We can safely say that whoever Satoshi Nakamoto is/are, he/she/they have some good fortunes accumulated already due to the popularity of bitcoins. But a trillionaire? come on, be realistic!
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: nikona on February 24, 2015, 01:04:18 PM No one knows for certain who Satoshi Nakamoto is/are. And also, no one knows for certain whether bitcoin will gain value over time or decrease and soon be worthless in the coming years. We can safely say that whoever Satoshi Nakamoto is/are, he/she/they have some good fortunes accumulated already due to the popularity of bitcoins. But a trillionaire? come on, be realistic! You never know mate...U never know.! :P Could be in trillions.. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: nor9865 on February 24, 2015, 01:06:14 PM By the time bitcoin reaches 1 million USD he will probably be dead if he isn't already??
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: koelen3 on February 24, 2015, 05:56:43 PM Let's just don't abuse , shall we ? If he really owns 1.2 million BTC then the best he can be for now is a multi millionaire , Probably Billionaire after investing or waiting till the price rise . Beside , we have no idea who is Satoshi Nakamoto , so he is maybe already a Billionaire or a Millionaire and his BTC will just be a "small" amount to add to his fortune ;D ~ Madness We don't even know if it's a he/she or a group of people but i doubt that will make him/her/them trillionaire even in long run Thinking that is awesome idea but i wonder if Someone like Tesla could exist again in a world how it is now Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: JessicaSe on March 01, 2015, 07:51:58 AM to become a bitcoin trillionaire he will need millions of coins and very high bitcoin price
i don't think it will happen ever that someone become a trillionaire because of bitcoin Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: opossum on March 01, 2015, 08:13:08 AM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? No chance of him becoming a bitcoin billionaire, i heard that he holds 1+million but chances are that is wrong because i am yet to find any facts/proof on this. Lets say he did hold that much he still needs the price to go to at least a million dollars a coin :/ I am hopeful for bitcoin but sorry it is not going anywhere near a million dollars in our life time if ever, does not mean he is not going to feel like a trillionaire because lets face it what is the difference between 10million or a trillion to an average person/programmer! The difference is un noticeable he will be loving it either way everything he could ever want he has :)? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: BitCoinDream on December 10, 2015, 06:53:51 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). What is your opinion ? No chance of him becoming a bitcoin billionaire, i heard that he holds 1+million but chances are that is wrong because i am yet to find any facts/proof on this. Lets say he did hold that much he still needs the price to go to at least a million dollars a coin :/ I am hopeful for bitcoin but sorry it is not going anywhere near a million dollars in our life time if ever, does not mean he is not going to feel like a trillionaire because lets face it what is the difference between 10million or a trillion to an average person/programmer! The difference is un noticeable he will be loving it either way everything he could ever want he has :)? Here is a blockchain analysis of the facts/proof you are looking for... http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/ Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: bitboy11 on December 11, 2015, 05:09:06 AM Dude you just bumped an old post.
Anyway...he might become a Jaillionaire!!! ;D Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Monnt on December 11, 2015, 07:50:43 AM Probably not. Although he is proven bitcoin's first millionaire(denominated in bitcoins of course).
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Straux on December 11, 2015, 07:54:17 AM Obviously not. I really don't believe that Bitcoin will rise that high. 1 million a piece, sorry, no. And also, how do we even know that Satoshi holds a million Bitcoin?
Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Amph on December 11, 2015, 08:21:57 AM Obviously not. I really don't believe that Bitcoin will rise that high. 1 million a piece, sorry, no. And also, how do we even know that Satoshi holds a million Bitcoin? it could increase to that value, but it could happen maybe in 2100, so everyone of us will be died already, included satoshi so there is no point thinking that he can be trillionare, at best billionare Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: steveds on December 11, 2015, 09:18:11 AM Obviously not. I really don't believe that Bitcoin will rise that high. 1 million a piece, sorry, no. And also, how do we even know that Satoshi holds a million Bitcoin? it could increase to that value, but it could happen maybe in 2100, so everyone of us will be died already, included satoshi so there is no point thinking that he can be trillionare, at best billionare I doubt it will hit that price in a century or two,after all it is speculation though Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Mickeyb on December 11, 2015, 10:36:05 AM i would definitely say yes, but just if there's enough trillion dollar currently traded on exchanger to be exchanged with satoshi's bitcoin I don't think so. Not that Bitcoin can't get to that price, but I honestly think that he will never sell his coins. His stash and his 1 million coins was just a necessity of the Bitcoin design. Someone had to mined them in order for network to get live. He is not in Bitcoin for money guys, whoever created this amazing technology! Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: EdenHazard on December 11, 2015, 02:00:57 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). this is the point :What is your opinion ? "Now, the question is whether a Bitcoin trillionaire is an acceptable idea or a mere wild guessing. From rational point of view it appears a reality if two conditions are simultaneously satisfied. If anybody holds a huge chunk of BTC (suppose 1 million) and .0000001 BTC equals 1 USD" hard to believe if bitcoin will be get to that price,and we all know if it happen,maybe we will hard to get .0000001 BTC on faucet,that normal. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: LFC_Bitcoin on December 11, 2015, 02:08:03 PM What's an estimate for his net worth (through bitcoin's that he reportedly owns) based on the current price?
I'm not asking if he still has access to those wallets, just be interesting to know what his current bitcoin to USD net worth is, roughly. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Wapinter on December 11, 2015, 02:13:37 PM It has been discussed in the article Bitcoin Trillionaire (http://upalc.com/bitcoin-trillionaire.php). He maybe if btc reaches somewhere around $10k which might take a decade or two or might not ever happen.At the current btc price he is certainly not a trillionaire but is still one of the richest man on eath.What is your opinion ? Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: jt byte on December 11, 2015, 02:53:58 PM I think so that Satoshi Nakamoto would be a Trillionaire, because he knew about the bitcoin and he is the firs with it.
I think he has more than 5000 Bitcoin. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: 27QVUTZj8rgZP1 on December 11, 2015, 03:11:56 PM You mean USD trillionaire?!
Do you know what 1 trillion is? If you think a single person can be a USD trillionaire then you probably do not. Quote Will Satoshi Nakamoto be world's first trillionaire ? Obviously not. He wouldn't stand a chance. Not even in your dreams.End of opinion. Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: Amph on December 11, 2015, 03:45:54 PM You mean USD trillionaire?! Do you know what 1 trillion is? If you think a single person can be a USD trillionaire then you probably do not. Quote Will Satoshi Nakamoto be world's first trillionaire ? Obviously not. He wouldn't stand a chance. Not even in your dreams.End of opinion. yeah , take a look at Bills Gates, he is the richest, yet he has only around 80B which is not even comparable to 1 trillion, which for those that forgot about it, it's 1k billion... Title: Re: Will Satoshi Nakamoto be world's first trillionaire ? Post by: davinchi on December 11, 2015, 03:56:58 PM You mean USD trillionaire?! Do you know what 1 trillion is? If you think a single person can be a USD trillionaire then you probably do not. Quote Will Satoshi Nakamoto be world's first trillionaire ? Obviously not. He wouldn't stand a chance. Not even in your dreams.End of opinion. yeah , take a look at Bills Gates, he is the richest, yet he has only around 80B which is not even comparable to 1 trillion, which for those that forgot about it, it's 1k billion... When bitcoin prices hit 1000$, Satoshi has became the first bitcoin billionaire. Same way when 100k dollars levels Satoshi will beat Bill gates to become the world's richest person. Similarly when bitcoin values 1000k, Satoshi would be the first trillionaire of earth. There are many speculations here in this forum for 10M dollars per bitcoin. 1000k=10M All the above, we need to assume Satoshi holds 1M bitcoins. |
