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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 508202 times)
LostDutchman
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July 10, 2014, 10:57:02 AM
 #1761

I need more BTC... trying to buy a little at a time.. Wish i got in 3 years ago when they were cheap Smiley

Me too but I thought Bitcoin was just silly gaming shit.

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JayJuanGee
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Put BTC here: 1GSwznUNG4co5rS3ctmRgtYGcWiHAnwAyj


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July 11, 2014, 02:03:01 PM
 #1762

If bitcoin reaches that amount, there is going to be lot of rich anarchists and libertarians. I imagine that will have interesting political consequences...

That is why I usually do not waste any time convincing liberals to buy bitcoins...they can enjoy the system they prop up.

The longer they prop it up the more painful it will be when it falls. I must admit I don't talk about it much to anyone. I want more time to accumulate my own before everyone else figures it out.


Yeah, if we are lucky, maybe you will be able to double your BTC holdings from 2BTC to 4 BTC within the next 2-6 months.  I am thinking that you will need quite a bit of luck, if you think that BTC prices are going to stay down in the next 6, but surely anything is possible.

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July 11, 2014, 02:17:18 PM
 #1763

I need more BTC... trying to buy a little at a time.. Wish i got in 3 years ago when they were cheap Smiley
They weren't cheap then either. $1 per bitcoin was seen a crazy high price. 

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin=https://bitcointalk.org/index.php?topic=1610684
kuusj98
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Why you looking here? Read the goddamn tread!


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July 11, 2014, 02:24:51 PM
 #1764

Hmm, what will I do with my Bitcoin's?

I think, that when they are worth a whole lot more they will sponsor my first car Cheesy
Like a Golf GTI or something...

Let's hope all the people who don't dare touching BTC will get burned to death when we are all rich people!
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July 11, 2014, 02:31:37 PM
 #1765

Hmm, what will I do with my Bitcoin's?

I think, that when they are worth a whole lot more they will sponsor my first car Cheesy
Like a Golf GTI or something...

Let's hope all the people who don't dare touching BTC will get burned to death when we are all rich people!


I see the new wealthy elite will be much the same as the old one  Roll Eyes
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July 11, 2014, 04:35:39 PM
 #1766

I need more BTC... trying to buy a little at a time.. Wish i got in 3 years ago when they were cheap Smiley

Me too but I thought Bitcoin was just silly gaming shit.

What do you mean? What sort of gaming did you think it was? Gambling or something?
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July 11, 2014, 04:59:11 PM
 #1767

Hmm, what will I do with my Bitcoin's?

I think, that when they are worth a whole lot more they will sponsor my first car Cheesy
Like a Golf GTI or something...

Let's hope all the people who don't dare touching BTC will get burned to death when we are all rich people!

Let's not, and just be happy.  Smiley

15DYJpWJe9H1YofsNQbP9JEWWNn7XPZgbS
JayJuanGee
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July 11, 2014, 08:04:12 PM
 #1768

I need more BTC... trying to buy a little at a time.. Wish i got in 3 years ago when they were cheap Smiley
They weren't cheap then either. $1 per bitcoin was seen a crazy high price. 


Yes, it is most prudent to make our current calculations about what we should do, and how much we should invest, and how much risk to take based on the current situation and current market conditions, rather than wallowing in what could have been or speculating about how we could have made better decision(s) in the past. 

In any event, many of us now still believe that bitcoin remains a very good investment, we also recognize that there are quite a few "earlier adopters"  who got in for a lot lesser investment, and also there are some people who got in early, but they made mistakes and spent their profits and/or got out too soon. 

In the end, there are going to continue to be a lot of challenging times ahead of us in terms of attempting to calculate our investment strategy(ies) in respect to our own risk-tolerance(s) and financial abilities.


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July 11, 2014, 10:04:37 PM
 #1769

Even if that happens, i feel myself very tiny, just have 1 BTC, maybe those 10k would be 130k here in Mexico but it's not so much as i want.

Really hope the current prices stay still a little longer so i can get first class the next travel to moon...
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July 11, 2014, 10:34:53 PM
 #1770

Even if that happens, i feel myself very tiny, just have 1 BTC

There will never be more than 0.5 million individuals with 1 BTC.

You are in about as exclusive company as one who owns $15 million dollars these days...   Cool Grin

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July 12, 2014, 01:46:26 AM
 #1771

In case if you are confused if one bitcoin is a good and decent investment, read this

https://bitcointalk.org/index.php?topic=641800.0
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July 12, 2014, 06:31:14 AM
 #1772

Even if that happens, i feel myself very tiny, just have 1 BTC

There will never be more than 0.5 million individuals with 1 BTC.

You are in about as exclusive company as one who owns $15 million dollars these days...   Cool Grin

That's a comforting thought.  Smiley
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July 12, 2014, 07:37:25 AM
 #1773

Even if that happens, i feel myself very tiny, just have 1 BTC

There will never be more than 0.5 million individuals with 1 BTC.

You are in about as exclusive company as one who owns $15 million dollars these days...   Cool Grin

That's a comforting thought.  Smiley

Really, really comforting Grin
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July 12, 2014, 08:09:28 AM
 #1774

I need more BTC... trying to buy a little at a time.. Wish i got in 3 years ago when they were cheap Smiley

Me too but I thought Bitcoin was just silly gaming shit.

What do you mean? What sort of gaming did you think it was? Gambling or something?

A couple years ago this is what some/many in the gambling community thought the primary use of Bitcoin would be (maybe the only use besides buying drugs). A way for US citizens to circumvent their country's draconian gambling laws.

Bitmixer sucks

Bit-X sucks
Baitty
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July 12, 2014, 01:40:03 PM
 #1775

Even if that happens, i feel myself very tiny, just have 1 BTC

There will never be more than 0.5 million individuals with 1 BTC.

You are in about as exclusive company as one who owns $15 million dollars these days...   Cool Grin

Nice comparison  Roll Eyes

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hollowframe
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July 14, 2014, 04:43:53 AM
 #1776

And yet there are something like 13 million millionaires in the world..being a millionaire is now commonplace and doesn't make you important.

Owning a single bitcoin one day will mean you are a magnitude more wealthy than today's "millionaires".

Bitcoin may not suceed, think it will but it may not, it is good not to be too unrealistic

655$ on Bitstamt at the moment so maybe we can get excited? Grin

It will be back at $1k by year end.
If history proves anything it will be much higher then this by year end. Bitcoin went up 100x~ last year, and it ending the year at 1k would mean it stayed roughly even for the whole year.
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July 14, 2014, 10:14:31 AM
 #1777

And yet there are something like 13 million millionaires in the world..being a millionaire is now commonplace and doesn't make you important.

Owning a single bitcoin one day will mean you are a magnitude more wealthy than today's "millionaires".

Bitcoin may not suceed, think it will but it may not, it is good not to be too unrealistic

655$ on Bitstamt at the moment so maybe we can get excited? Grin

It will be back at $1k by year end.
If history proves anything it will be much higher then this by year end. Bitcoin went up 100x~ last year, and it ending the year at 1k would mean it stayed roughly even for the whole year.

Yeah, people forget that we were at 1k this year, not past year Grin
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July 14, 2014, 12:00:57 PM
 #1778

Even if that happens, i feel myself very tiny, just have 1 BTC

There will never be more than 0.5 million individuals with 1 BTC.

You are in about as exclusive company as one who owns $15 million dollars these days...   Cool Grin

Where did you get this number from? The maximum supply of bitcoins is 21 million so wouldn't it be more correct to say there will never be more than 21 million individuals with 1 BTC?

And yet there are something like 13 million millionaires in the world..being a millionaire is now commonplace and doesn't make you important.

Owning a single bitcoin one day will mean you are a magnitude more wealthy than today's "millionaires".

Bitcoin may not suceed, think it will but it may not, it is good not to be too unrealistic

655$ on Bitstamt at the moment so maybe we can get excited? Grin

It will be back at $1k by year end.
If history proves anything it will be much higher then this by year end. Bitcoin went up 100x~ last year, and it ending the year at 1k would mean it stayed roughly even for the whole year.

Bitcoin has increased every year but some years were much better than others. 2012 was a very poor year ($5 to $13 or 3-fold increase) while 2013 was an extremely good year ($13 to $1,000 or 80-fold increase). 2011 was also a very good year ($0.20 to $5 or 25-fold increase). Personally, I feel that the increase in 2013 was a bit too much, and it might be a while before we see another spike. I wouldn't be surprised if 2014 turns out to be Bitcoin's worst year. Sad

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July 14, 2014, 12:03:19 PM
 #1779

So if  times is a bad yes the 3*720 equals  2160 minimum price by year end.

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July 14, 2014, 12:07:26 PM
 #1780

This is all that people care about Bitcoin, being the new "wealthy elite" guaranteeing shit nothing changes beyond the 1% of early investors lives.

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