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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 598712 times)
Dafar
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April 16, 2014, 05:04:43 PM
 #1061

OP was correct... but only for people who got in from 2009-2012, he's not talking about the rest of us schmucks unfortunately.  Undecided

He is a "wealthy elite" now so he doesn't hang out here anymore.




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April 16, 2014, 05:23:08 PM
 #1062

OP was correct... but only for people who got in from 2009-2012, he's not talking about the rest of us schmucks unfortunately.  Undecided

He is a "wealthy elite" now so he doesn't hang out here anymore.

OP was perma-banned for being a (generally) disruptive troll and repeated rule violations.
This thread was one of his best contributions.

Also many people who started in 2011-12 are not wealthy (like me), the best time was 2009 to 2010.
There is still time to start new projects, sites, etc.

We Can Be Happy!
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April 16, 2014, 08:49:53 PM
 #1063

use this wealth wisely, my friends, and for social and political rather than personal gains

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April 16, 2014, 09:51:03 PM
 #1064

use this wealth wisely, my friends, and for social and political rather than personal gains

+1

You know, at one time this classic thread would be bumped by old hands as a way to sarcastically deflate the manic enthusiasm during a bubble run up. But now, when we are already past the once unsurpassable milestones of $100 and $1000, and can reasonably project $10000+ in 2015, the awe and wonder expressed by the OP are taken more seriously.

And this is a good thing.
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April 16, 2014, 10:00:43 PM
 #1065

use this wealth wisely, my friends, and for social and political rather than personal gains

+1

You know, at one time this classic thread would be bumped by old hands as a way to sarcastically deflate the manic enthusiasm during a bubble run up. But now, when we are already past the once unsurpassable milestones of $100 and $1000, and can reasonably project $10000+ in 2015, the awe and wonder expressed by the OP are taken more seriously.

And this is a good thing.


It's been a fascinating few years.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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April 16, 2014, 10:14:11 PM
 #1066

use this wealth wisely, my friends, and for social and political rather than personal gains

+1

You know, at one time this classic thread would be bumped by old hands as a way to sarcastically deflate the manic enthusiasm during a bubble run up. But now, when we are already past the once unsurpassable milestones of $100 and $1000, and can reasonably project $10000+ in 2015, the awe and wonder expressed by the OP are taken more seriously.

And this is a good thing.


It's been a fascinating few years.

I'm just glad to be a part of this "bubble".   Smiley

Has it been 5 years already?  I can't wait to see what happens in the next 5.

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April 16, 2014, 10:14:46 PM
 #1067

OP was correct... but only for people who got in from 2009-2012, he's not talking about the rest of us schmucks unfortunately.  Undecided

He is a "wealthy elite" now so he doesn't hang out here anymore.

People in 2012 said this about the people from 2010 and earlier.
People in 2013 said this about the people from 2011 and earlier.
Now you, in 2014, say it about the people from 2012 and earlier.

See the pattern? Wink

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April 16, 2014, 11:30:16 PM
 #1068

OP was correct... but only for people who got in from 2009-2012, he's not talking about the rest of us schmucks unfortunately.  Undecided

He is a "wealthy elite" now so he doesn't hang out here anymore.

People in 2012 said this about the people from 2010 and earlier.
People in 2013 said this about the people from 2011 and earlier.
Now you, in 2014, say it about the people from 2012 and earlier.

See the pattern? Wink

Right?  We are all still so early in this.  Just buy a coin or two, or three.  Most people in the world will never even own 1 coin!  When my husband told me that last year something clicked and I decided we needed to get as many as we possibly could afford.

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April 16, 2014, 11:57:17 PM
 #1069

Has it been 5 years already?  I can't wait to see what happens in the next 5.

I keep count from 2010 - therefore 5 years. Satoshi mined a million coins on several computers in 2009 while alpha testing the Bitcoin network, but I do not count that year.
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April 17, 2014, 12:05:19 AM
 #1070

...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

We Can Be Happy!
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April 17, 2014, 12:27:44 AM
 #1071

...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Some people would say we are at that point already if we consider third world countries, or just about anyone without any disposable income. 

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
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April 17, 2014, 12:54:24 AM
 #1072

...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock?

I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it)
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April 17, 2014, 01:23:29 AM
 #1073

Only 21 million people can ever own a whole Bitcoin and that's no longer possible

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April 17, 2014, 01:39:33 AM
 #1074


Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock?

I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it)

Lol that will be surely a gentlemen's bet like no other. i will be tempted even to accept a 10% of Class A vs. 0,10 BTC   ^_^

GROUP BUY EVERYONE CMON

lol. Time frame... 2015? 2018 as much?

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April 17, 2014, 01:47:43 AM
 #1075

How can your username be Anonymous ?
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April 17, 2014, 01:51:06 AM
 #1076

How can your username be Anonymous ?

I was just going to ask the same thing - is it supposed to be Anonymous as in the hacking group?
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April 17, 2014, 01:57:03 AM
 #1077

How can your username be Anonymous ?

I was just going to ask the same thing - is it supposed to be Anonymous as in the hacking group?

https://bitcointalk.org/index.php?topic=12156.msg6168673#msg6168673


...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Speaking of wealthy, wasnt there a prop bet in the making for BTC Vs. Berkshire Hathaway Class A stock?

I thought I heard of a few people putting up BTC against 1 share of the stock for earnings (with the winner taking it)

Yes there was a thread about that ~3 weeks ago, when Warren Buffet was saying bad things about BTC (based on lack of understanding)
Our friend from Primedice (does everyone know Primedice.com is the best BTC gaming site?) was considering betting 300 BTC.
I hope he wins if the bet is made. Smiley



We Can Be Happy!
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April 17, 2014, 01:59:01 AM
 #1078

...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy


The thought never leaves my mind.
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April 17, 2014, 02:38:33 AM
 #1079

...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy


The thought never leaves my mind.


Yeah, bitcoin's price dynamics are reversed. Usually assets have stair-step upward motions and then brutal cliffs on the downside. Bitcoin is the reverse. The rises on even just 1yr time scales are vertical, and the falls are stairways down... Likely due to the fact that the 21M supply cap is staring people in the face when bitcoin is hot, and on the flipside, enough people never lose sight of that, preventing the falls from being as dramatic.

Bitcoin really redefines "panic buy".

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
Cryptoasset rankings and metrics for investors: http://onchainfx.com
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April 17, 2014, 03:31:53 AM
 #1080

...Most people in the world will never even own 1 coin!...

As the prices rises (like the last couple days) people very quickly remember how limited the supply of BTC is.
Buy now, before only the wealthy elite can afford them.   Cheesy

Furthermore, there are corporate entities holding lots of working capital and otherwise spare cash that will get allocated into Bitcoin - which can readily be spent or sold for fiat. Apple, while not currently friendly to bitcoin, has $150 billion in cash and short term securities, that I believe would be better allocated into bitcoin as a deflating store of value. These are the sort of late-adopting entities that will push bitcoin values into what only can be dreamed about today.
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