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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 594792 times)
Bitcoin Magazine
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September 26, 2014, 04:27:31 PM
 #1901

When bitcoin hits 10 thousand, bitcoin will be used almost everywhere, so I will use it as regular money, and not convert it to cash. Hopefully even pay my bills with bitcoin.

same here.  personally i will use it exclusively and not pay taxes here

i am here.
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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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September 26, 2014, 06:09:11 PM
 #1902

When bitcoin hits 10 thousand, bitcoin will be used almost everywhere, so I will use it as regular money, and not convert it to cash. Hopefully even pay my bills with bitcoin.

same here.  personally i will use it exclusively and not pay taxes here

You will need to pay taxes on your house if you have one, on your salary  and you may not be able to buy everything under the radar with BTC

If you have a bitcointalk account that you access from home without Tor or a VPN you will need to pay a lot of taxes on your bitcoin holdings since it will be obvious you have some

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September 26, 2014, 06:14:18 PM
 #1903

This thread is here for life! lol it just keeps coming back Smiley

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September 26, 2014, 09:23:18 PM
 #1904

Or you may be left holding fiat when bitcoin's price breaks out suddenly.  Grin


Ha... nope, I'm aware of that risk.

Before I'd ever SEND any bitcoin to someone (like if they're buying from me) I'd first BUY the same amount.

Then IF the buy didn't go thru for any reason (i.e. like maybe sometimes it's not available at locked-in price, on-exchange?) I wouldn't complete the sale.

That way, my BTC pile would never go down, and the only risk exposure would be if the exchange's locked-in price on that particular purchase didn't come thru for any reason (and, yes, it's a low risk if you're using a reliable trusted exchange source but still, THAT risk means I'd never sell out ALL the BTC I hold!!!  Only a portion of it at any one time would be allowed to be "pending" delivery, and the larger portion would always remain securely socked away in long-term cold storage... NOT to be TOUCHED at all!)

Honestly, I'd probably even put that BTC into a cold wallet that only my wife and my attorney knew the password to, so I wouldn't ever be tempted to dip into it myself, LOL... and hopefully my wife wouldn't divorce me and run off with my attorney.
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September 26, 2014, 09:29:07 PM
 #1905

the surge when it hits will be quite substantial their is many other factors at play though, the primary one at this stage though will be exchange collapses,
Yes, I'd say that's quite possible, there are a few exchanges make good candidates for this.
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September 26, 2014, 09:42:40 PM
 #1906

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.
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September 26, 2014, 10:49:20 PM
 #1907

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

Is this a fortune cookie?
bitcoinbelieve
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September 26, 2014, 11:01:36 PM
 #1908

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes
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September 26, 2014, 11:12:54 PM
 #1909

Pretty cool to look back at these 2011 posts... where people predicted a 100$ BTC... and look now a couple years later, on the right trend IMO

MEGA BULL RIGHT HERE (Grip strength of a thousand Silver Back Gorillas)

Helping to create the world's first loving economy, not something based on fear or greed. Principles of love, abundance, consistency, automation, decentralisation, open source, economic multifunctionality. Scientific analysis will be uploaded to my site shortly for peer review.
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September 27, 2014, 12:06:22 AM
 #1910

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

Is this a fortune cookie?

Haha, it should be.

Imagine getting a fortune cookie that read "You will get rich off bitcoins."
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September 27, 2014, 12:08:01 AM
 #1911

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes

What is there to tell? Obviously you should be working on stocking up as many BTC as possible.

Either you believe or you don't Smiley
BlindMayorBitcorn
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September 27, 2014, 12:19:05 AM
 #1912

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes

What is there to tell? Obviously you should be working on stocking up as many BTC as possible.

Either you believe or you don't Smiley

I will be stocking up at $300 thank you very much Wink

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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September 27, 2014, 12:35:22 AM
 #1913

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes

What is there to tell? Obviously you should be working on stocking up as many BTC as possible.

Either you believe or you don't Smiley

That is exactly what I have been telling everyone who will listen.   If you believe at all in the future of BTC, then you should be stockpiling as much BTC as you can afford right now.

If you are into gambling, it would also be a good time to gamble with BTC, because you can buy it so cheaply, and try to exponentially increase your holdings.
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September 27, 2014, 01:50:54 AM
 #1914

Pretty cool to look back at these 2011 posts... where people predicted a 100$ BTC... and look now a couple years later, on the right trend IMO
Hey geeks, I bring a message from the future
There's a new revolution heading to computers (c)

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September 27, 2014, 11:57:11 PM
 #1915

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

tell us more Roll Eyes

What is there to tell? Obviously you should be working on stocking up as many BTC as possible.

Either you believe or you don't Smiley

That is exactly what I have been telling everyone who will listen.   If you believe at all in the future of BTC, then you should be stockpiling as much BTC as you can afford right now.

If you are into gambling, it would also be a good time to gamble with BTC, because you can buy it so cheaply, and try to exponentially increase your holdings.

Each time you gamble you are expected to lose money so it is not a very good investment is it? Grin

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

Lots of us are feeling a new massive spike in price soon because it has always go like that, it usually happen a bit by surprise but past results cannot predict future results
Adoption, mining, traders, expectations and the state of the economy dictates the Demand/Offer of Bitcoin that is the cause of the price

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October 04, 2014, 12:56:52 AM
 #1916

Hahah i love the first post , i wish  saw it then , but i'm not late for this feast i hope Cheesy
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October 04, 2014, 01:00:44 AM
 #1917

why creator of the post is now anonymous?


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October 04, 2014, 01:06:34 AM
 #1918

why creator of the post is now anonymous?



If you read the thread, you will see that it was posted by Atlas.. who was subsequently banned.. and apparently a notorious poster.

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October 04, 2014, 09:23:59 PM
 #1919

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

baaa, it's almost touching the 200's now....depressing...where's the spike you promised?

Smiley
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October 04, 2014, 09:25:16 PM
 #1920

The time is coming...

We are only 3-6 months away from the next massive spike... and it will exceed all of your wildest dreams.

baaa, it's almost touching the 200's now....depressing...where's the spike you promised?

Never trust the weathy elite Wink

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
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