I have been making an analysis about how people is getting real rich thanks to the increse of BTC and it is amazing to think that people are getting real rich, lets hope and this will continue so the people that holds very little BTC also gets rich.
This is the analisis I made:
On February 1st 2015 you will need 4,219 BTC to have 1 million USD, now that is worth: 10,125,600 usd
On Febraury 1st 2016 you will need 2,681 BTC to have 1 million USD, now that is worth: 6,434,400 usd
On February 1st 2017 you will need 992 BTC to have 1 million USD, now that is worth: 2,380,800 usd
Today you need 404 BTC to have 1 million USD ( the person who has now 404 BTC it is millionaire, and in Feb 2015 just had with the same 404 BTC 95,757 USD
That is amazing.
I wonder what are the new rich people doing right know? have they realised that they are rich yet.
yeah, that's crazy, I'm pretty sure bitcoin has made tons of millionaires over the last decade. It's really cool to know that, though it would be even cooler if I bought bitcoins while it still was cheap. Right now I'm feeling like I have already missed the train, so I'm waiting for a big dump to possibly buy bitcoins then. To be honest I don't even care about getting rich with bitcoins, I really like the technology and as bitcoin is growing, I'm fine with it even without having it. |
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So... Is there going something forward? When do I get the payout now? Did you have enough time to check my transactions?
Again, I did no double spend so you should pay me out!
The website is shutdown right now, so you might need to wait for it for quite a while. Though the owner seems to pay for all the winners sooner or later so I would just advise you to stay calm and wait. I hope that the new website will be way better, though I'm curious whether people will still use it as litecoin is not as popular at the moment as litecoin and you would have to buy it specially for this website. |
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Can anyone tell which Wallet with lowest transaction fee both desktop and web wallet.
Thanks
Blockchain i think has the lowest possible fees on each transactions and xapo too,though xapo is known as the walllet with the smallest fee before they adopted on this bitcoins network error and raise their fee now So what that it has the lowest transaction fee at the moment? The thing is that the lower the fee is the more time your transaction needs to get confirmed, what might even take a few days sometimes. You should always send it with the bigger fee in order to get it confirmed as soon as possible even though it might be a bit expensive. Hopefully the block size issue will be solved asap and we'll have segwit. |
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We cannot say if yes or not but for me i think yes because so many people or users use bitcoin and it so convenient when paypal and bitcoin is combined.
True, Bitcoin and PayPal are combined and can not be compared. They will exist both, because they are two different directions. well to be honest they are not different at all when you think about it. Both of them allows sending money from one person to another, both of them uses online currency to send over fiat (usually). The only fact that is different between them is that paypal needs third party in order to operate and bitcoin does not. That's why bitcoin is much better than paypal is and that's why it is going to become bigger soon. |
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only on really rare occassions
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omg i would buy the house, nice car, travel all over the world and donate the rest
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of course even girls are playing games , they will never get outdated with the trend  there are ladies that going to some casinos and in my country even at the streets all the gossipers are there playing card games, mahjong, bingo etc . you are right, in my opinion girls definitely gamble and it is normal because everyone likes winning money |
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paper money will definitely have no future, i think that bitcoins will just replace all the fiat in the future
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The price of Bitcoin change more than traditional currencies because it's digital currency working only online, and depend in the market so the price is not stable.
but we can believe that a time will come when bitcoin will be widely used not only on digital market but also in our offline market and then we can expect that the price will get stability. of course such time is going to come, in my opinion bitcoin will make me some huge profit because of that |
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yes there is no doubt about this that bitcoin is too safe and that is the reason that i have invested more that half of my assets in bitcoin and still want to invest because i trust on bitcoin.
of course bitcoins are really safe in my opinion and it will remain like that, i hope i will never lose with it |
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Bitcoin is worth to work for. Unlike fiat currency bitcoin will allow you to invest globally and will not be limited to your own country. Bitcoin is the best investment since it is dynamic unlike paper money which is static. But I don't despise paper money since it is still important. But in terms of investment and savings bitcoin is advantageous than paper money.
you are right, i think that bitcoins are really worth the work, i hope that it is going to grow a lot in the future |
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if you want buy bitcoin with personal person
not exchanger only personal person you must use escrow
i never do that to be honest because i feel like i would always lose a lot of money only and never make profit |
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I don't remember exactly but i think it was like 1btc+ onetime when i have bought it with fiat from exchange platform but quickly sold it for profit to local guy.
I hope that you have made enough profits from it by selling them at the right time, I never bought but since I am working on signature campaign since last 1.5 years I have earned enough bitcoins. to be honest i have tried doing that too though i have never managed to get anything big out of it i never manage to win a lot of money with that too to be honest, thats why i dont gamble a lot |
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Possibly because people use wallets because we prefer our bitcoins to be safe therefore using offline ones like armory and such...and there is a need for speed and fast transactions sometimes therefore using other wallets like blockchain/electrum and such.
well yeah i really like to use a lot of bitcoin wallets in my opinion because it allows us to keep bitcoins safe |
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So this guy bought bitcoin when the price was about $450 and now that they are $600 he's broke? lol
he is a lucky person and he also saw a price of $750 in the mid of the year so he got about 80% or more profit with that bitcoins. But I think he is saying it because he have buried them and is unable to use them for his needs. He should have to keep them in his living wallet. The problem is that we don't know how everything is right now. Perhaps he sold all his coins to secure profits. Perhaps that his coins, or the majority of it are still untouched. An update from OP would be a welcome thing here. op last active was today , would be nice to get an update from him right? but since he is planning to save the 5 bitcoin for very long term saving in bitcoin , i guess he just keep his bitcoin underground . the 'broke' that what op means are due he has spent the whole fiat money saving to buy bitcoin and buried it. so i guess he just have a great plan  not the real broke. Yeah, I would also like to see an update on this whenever he plans on selling or if he's already checked if it's still there :p But it's better to wait until he takes another action, now it's just waiting that he has to do. this dude is a legend already. and as far as i understand he has not intention of selling them soon (but he is learning more about bitcoin and how to use paper wallets), so they are most likely still there. That is right. The bitcoin is still in the very early stage of development. The price will still rise a lot in the near future. thats true, bitcoins are definitely going to grow a lot in the near future, in my opinion it would make me some good money |
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Gambling itself is not very wrong but I must say that its also not very smart these days, I think that you should not do it too much right now.
Gambling is very addicting so if you are doing it many times you will get addicted and that is wrong indeed.
Because of smart people who uses very usefull script for gambling sites and is nog very wrong if people trying to play with it with fun and we must say that we enjoying everymoment we in gambling site where we lose or win at least we tried If you are going to enjoy every single cent that you are gambling and it makes you happy then that is not a wrong way because you are enjoying it. And just think about that when you lose in gambling that is your payment for having fun as you gamble. Only the abusers or addicted ones are making gambling very wrong because they are using it in wrong way. Just do not think that you can outsmart the gambling sites, they are created to outsmart us and we should accept that to know our side. Just play gambling for fun and nothing bad will happen to us, accept the fact that we need to spend our money in gambling to enjoy. better to enjoy the gambling as an activity that really giving us some fun and entertaining rather than we play gambling with serious because this can make us getting big loss. thats true, gambling would make you lose all the money to be honest, thats why i never do it for money |
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This is going to be very different from person to person. If a person works in a low paying job ant he finds about bitcoin and manages to get work full time on a crypto project which pays him better, then it makes sense for him to quit his old job and get into the cryto project. On the other hand, if the crypto project which he plans to work doesn't pays him well, then he shouldn't be quitting his day job.
that's true , who the hell want to leave a good paying work for something uncertain? bitcoin job are suited for a freelancer , unless there is a clear job like maintain a mining farm , or creating an altcoin project etc , you are worth to quit and do that project . yeah, i would definitely not do that right now because in my opinion it would be too risky because of price fluctuations |
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Anybody want to do the math with me? There are 10.5 million bitcoin addresses in existence and 5.7 million with balances equal to $1 or greater, according to this site: https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html. Let's be generous and assume that of the 5.7m addresses that a different person owns each address. We know that's not true so this will be a very generous estimate. 5.7 million people with a bitcoin address (therefore using bitcoin) out of 7.4 billion people in the world. That results in ~0.0007% of the worlds population using bitcoin! So the scale of this poll isn't very realistic, but it's still fun to talk about. Let's lower our population to just those that have access to the internet, because without the internet you can't really get your hands on any coin. (You even need the internet to buy one of Mike Caldwell's Casascius coins!) There are 3.2 billion people with access to the internet. http://www.lmgtfy.com/?q=How+many+people+have+access+to+the+internet%3F5.7m people with a bitcoin address out of 3.2b people ups our digital currency savvy share of the population to ~0.0017%!Crazy small percentages. But that's ok. It means there's a lot of upside! We all just need to keep spreading the word. Thanks for this simple math, not simple either but this is much more realistic than the other statistics that are coming out. So the total of the users of bitcoin as of today are not even reaching 1% of the world's population, I'm not surprised either. But if we are going to think about it since 2009, good thing that there are already 0.0017% of world's population in total who uses bitcoin. That is really fast if we are going to think and technology is been very fast when it comes to adoption and innovation so for sure in 2020 this percentage is going to increase. What is more important there is we are increase in numbers on a yearly basis, as long as we see a good price, for sure more people will be interested to adopt and us bitcoin, I don't care if we are just less that 1% of the total population in the world as long as we are increasing in numbers. The bitcoin is getting popular day after day or year after year. This can be proved by the daily transaction volumes. thats true, bitcoin is getting increasingly popular with time and i think it can make us really rich |
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