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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 631743 times)
S4VV4S
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May 29, 2015, 10:51:47 AM
 #2741

Let us found the Church of Crypto Coins (CCC)  Grin
Well, I think if cryptos will be a widely spread payment option sometime, many of the early members (and it's still early time of crypto coins) will become rich.

Well believing in crypto is the most important conditions.

So let us all believe we ll be rich.
yeeaaah now I have believed in crypto and this will make me rich.
and now I just hope to crypto  Smiley

If bitcoin becomes a religion, then it will be tax free, right? At least in the states Wink

How can it become a religion?
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findftp
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May 29, 2015, 11:24:14 AM
 #2742

http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/

After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.

The world just isn't going to be the same and we have been blessed as the pioneers.

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

And, I am quite surprised that this thread is still going from 2011  Shocked Shocked

This thread will be quoted in 2040 as well.
Just like this quote which says it will happen.
What the fuck, I might quote myself in 25 years if I'm still alive.


Well, then I hope that in 25 years from now you will learn how to quote properly  Tongue
LOL!

Just kidding......
or not  Tongue

Whoops, you're right.
Fixed it
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May 29, 2015, 11:32:55 AM
 #2743

Does anyone have a good pic with a skeleton at a computer. I think that would be a good way to communicate how long it's taking to become part of the wealthy elite.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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May 29, 2015, 11:36:51 AM
 #2744

OP may be quite naive. The only way any Bitcoin HODLers will ever become new wealthy elite is if all the current fiat holders go ALL IN into Bitcoin. And so far, only a tiny fraction of those fat cats have dipped their wallets into the Bitcoin wishing well. So if Bitcoiners value Bitcoin, value it for being Bitcoin, not because you're looking at US Dollar value of it. Otherwise, just worship the US Dollar.
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May 29, 2015, 06:20:00 PM
 #2745

Does anyone have a good pic with a skeleton at a computer. I think that would be a good way to communicate how long it's taking to become part of the wealthy elite.

You mean this? lol

tarzan2
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May 29, 2015, 06:21:05 PM
 #2746

there is something about the title of this thread that makes me puke in my mouth a little

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May 29, 2015, 06:22:18 PM
 #2747

Does anyone have a good pic with a skeleton at a computer. I think that would be a good way to communicate how long it's taking to become part of the wealthy elite.

You mean this? lol



lol


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"we" ?  Grin

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May 29, 2015, 06:25:15 PM
 #2748

Does anyone have a good pic with a skeleton at a computer. I think that would be a good way to communicate how long it's taking to become part of the wealthy elite.

You mean this? lol



lol


@tarzan2

"we" ?  Grin

well thats the obvious one.. but if i were to write it i'd say some thing like "arr i be pretty confident we be t' new wealthy elite,yew scallywags. t' cryptogold be where its at"- but thats just me

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May 30, 2015, 04:25:08 AM
 #2749

So far, Bitcoin seems to be stable for several months now. Higher probability, it will go up. Why don't you multiply your bitcoins by investing in good startups? Try Triple your BTC at ArchVentures SA, Portugal.


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May 30, 2015, 04:33:14 AM
 #2750

because good startups aren't going to take tiny amounts from no-name investors?
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May 31, 2015, 06:11:51 PM
 #2751

It all depends on the long term adoption and usefulness of bitcoin.

That's true. If the adoption goes high then we are gonna very rich in the future but at present the scenario is very few people are aware about the bitcoin so the rate of adoption is very low at a moment so if the demand increases in coming future then there would be great hike in the value of bitcoin.
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May 31, 2015, 06:15:43 PM
 #2752

It all depends on the long term adoption and usefulness of bitcoin.

That's true. If the adoption goes high then we are gonna very rich in the future but at present the scenario is very few people are aware about the bitcoin so the rate of adoption is very low at a moment so if the demand increases in coming future then there would be great hike in the value of bitcoin.

Lots of people know what Bitcoin is when I ask them. They tell me, "yeah, I've heard of Bitcoin. That's the money made for illegal drug users".

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May 31, 2015, 06:16:52 PM
 #2753

It all depends on the long term adoption and usefulness of bitcoin.

That's true. If the adoption goes high then we are gonna very rich in the future but at present the scenario is very few people are aware about the bitcoin so the rate of adoption is very low at a moment so if the demand increases in coming future then there would be great hike in the value of bitcoin.

Lots of people know what Bitcoin is when I ask them. They tell me, "yeah, I've heard of Bitcoin. That's the money made for illegal drug users".

I found one person who is a dr.  who I convinced to buy bitcoin. He didn't put up a fight and didn't mention drugs Smiley

It is here folks. DopeCoinGOLD . The #1 Crypto-Weed Coin.
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May 31, 2015, 06:18:00 PM
 #2754

It all depends on the long term adoption and usefulness of bitcoin.

That's true. If the adoption goes high then we are gonna very rich in the future but at present the scenario is very few people are aware about the bitcoin so the rate of adoption is very low at a moment so if the demand increases in coming future then there would be great hike in the value of bitcoin.

Lots of people know what Bitcoin is when I ask them. They tell me, "yeah, I've heard of Bitcoin. That's the money made for illegal drug users".

I found one person who is a dr.  who I convinced to buy bitcoin. He didn't put up a fight and didn't mention drugs Smiley

I heard there was one. So you found him! Lucky guy.

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June 17, 2015, 06:10:48 PM
 #2755

It all depends on the long term adoption and usefulness of bitcoin.

That's true. If the adoption goes high then we are gonna very rich in the future but at present the scenario is very few people are aware about the bitcoin so the rate of adoption is very low at a moment so if the demand increases in coming future then there would be great hike in the value of bitcoin.

well we all know it's pretty useful, for so many things. it has to live on.
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June 17, 2015, 06:26:58 PM
 #2756

My guess is that in the future a lot of people will be using Bitcoin without handling any BTC themselves.

Abra (https://www.goabra.com) is doing this, people can send money to others around the world, it's using the Bitcoin blockchain and I don't think there is any mention of "Bitcoin" on their site.

So massive user adoption MIGHT not be neccesairy but would help ofcourse.

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June 18, 2015, 02:06:35 AM
 #2757

The global currency circulation is doubling every 10 years or so. In 2009, there were banknotes and coins worth some $4.2 trillion in circulation. So we can expect some $8.5 trillion to $9 trillion by 2020. If we assume that a 10% market share will be taken up by Bitcoin (the current share is less than 0.1%), then the market cap and exchange rate of BTC can increase by 200 times. The exchange rate will go up from $250 to $50,000.

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June 18, 2015, 06:10:24 PM
 #2758

So far, Bitcoin seems to be stable for several months now. Higher probability, it will go up. Why don't you multiply your bitcoins by investing in good startups? Try Triple your BTC at ArchVentures SA, Portugal.



Yeah the future of Bitcoins will also depend mainly on the adoption and the stability of the price. If the price is stable it would attract more and more people to invest in bitcoins and if the adoption level is higher then the price of bitcoin will also reach to a next level.
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June 19, 2015, 01:26:33 AM
 #2759

If we assume that a 10% market share will be taken up by Bitcoin (the current share is less than 0.1%), then

The "just 1%" or "just 10%" idea is a very common fantasy when people think of the potential of new technologies.
If I start a search engine and get 10% of the market share, my search engine will be worth billions. That's true, but this line of reasoning totally ignores how difficult it is to get a 10% market share.

You can account for that possibility. But make sure you account for the other possibilities as well.

Year 2021
Bitcoin Supply: ~90% mined
Supply Inflation: <1.8%
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June 19, 2015, 01:44:43 AM
 #2760

Today is an awesome day to own Bitcoins.   Lips sealed

This time next week will be even awesomer.   Grin
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