Amph
Legendary
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Activity: 3248
Merit: 1070
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November 04, 2015, 08:15:52 AM |
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This is too early to call ourselves rich and upper class. But I'm sure our bitcoin will be more valuable in next years.
I wonder what people will call upperclass in bitcoins in a couple years. 1-10 btc will be upper class? 10-100 will likely be bitcoin elite very soon 100+ will be the Warren buffets of the crypto world... By that logic those with 10,000+ will own the fucking planet. there are still those with 100k+, at least one of them is still there they would call them universal...
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kalgecin
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November 04, 2015, 09:46:02 AM |
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Main Stream adoption is key. Buy Buy Buy while you can get a bargain
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Parazyd
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November 04, 2015, 09:53:43 AM |
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This is too early to call ourselves rich and upper class. But I'm sure our bitcoin will be more valuable in next years.
I wonder what people will call upperclass in bitcoins in a couple years. 1-10 btc will be upper class? 10-100 will likely be bitcoin elite very soon 100+ will be the Warren buffets of the crypto world... By that logic those with 10,000+ will own the fucking planet. They will. No more than 1400 person can theoretically own that. In practice much much less. We'll be the new illuminati!
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Bitcoininspace
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November 04, 2015, 09:58:30 AM |
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there are still those with 100k+, at least one of them is still there
they would call them universal...
Wouldn't it be nice if those with that coin amount started running charities that actually work? Not the charities you here about these days where people put in millions and only a fraction of a % goes to the actual people that needed the aid. There should be a new charity through the blockchain that makes them 100% go to the right places.
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kalgecin
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November 04, 2015, 09:59:39 AM |
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This is too early to call ourselves rich and upper class. But I'm sure our bitcoin will be more valuable in next years.
I wonder what people will call upperclass in bitcoins in a couple years. 1-10 btc will be upper class? 10-100 will likely be bitcoin elite very soon 100+ will be the Warren buffets of the crypto world... By that logic those with 10,000+ will own the fucking planet. They will. No more than 1400 person can theoretically own that. In practice much much less. We'll be the new illuminati! We need a secret hand chake.
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n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
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November 04, 2015, 10:23:39 AM |
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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? I must think about this if and when this level will be reached. But for sure I will spend some of m bitcoins for the fee of the universities for my two daughters. If the price will be reached before their going there. hen i will wait that the price go more to spend others. Have no other rush things to do for the moment. Maybe I will change some others just for diversification of my money but not sure about this. Anyhow, as i told in the beginning, everything will be decided in the right, desired and needed moment. When the price will arrive that fantastic figure.
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gripflierGO
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November 04, 2015, 10:32:32 AM |
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Main Stream adoption is key. Buy Buy Buy while you can get a bargain That is true mainstream adoption is the key to success, but at present the prices are comparatively going high so it is not the right time to buy, this is the right time to sell a part of bitcoins and make a profit out of it and if the prices goes down in the coming months than can again buy some bitcoins and hold it for the future for the price hike.
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kalgecin
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November 04, 2015, 10:34:59 AM |
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10k a pop. I would go around the world Back Packing
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kalgecin
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November 04, 2015, 10:36:45 AM |
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Main Stream adoption is key. Buy Buy Buy while you can get a bargain That is true mainstream adoption is the key to success, but at present the prices are comparatively going high so it is not the right time to buy, this is the right time to sell a part of bitcoins and make a profit out of it and if the prices goes down in the coming months than can again buy some bitcoins and hold it for the future for the price hike. With all respect I do not agree. Now is still time to buy. I feel the price will rise and fall down to what it is now. Then again this is all speculation but I got this gut feeling a while ago and really think this is another major bubble.
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LEONPATTON
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November 04, 2015, 10:44:04 AM |
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It is the truth if Bitcoin ever did realise its full potential. Its that finite supply you see. Essentially it would need to become the working capital of international trade. Bitcoin would then be taking $10 trillion of foreign currency. If that were the case, each Bitcoin could be worth about $1 million. The probability of that happening is low but certainly not impossible. More realistically is bitcoin becoming the preferred currency for certain types of trade but even then that would still see Bitcoin price well past its historical high. In this scenario we would be looking at anything from 5k to 20k per coin.
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gripflierGO
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November 04, 2015, 11:51:30 AM |
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Main Stream adoption is key. Buy Buy Buy while you can get a bargain That is true mainstream adoption is the key to success, but at present the prices are comparatively going high so it is not the right time to buy, this is the right time to sell a part of bitcoins and make a profit out of it and if the prices goes down in the coming months than can again buy some bitcoins and hold it for the future for the price hike. With all respect I do not agree. Now is still time to buy. I feel the price will rise and fall down to what it is now. Then again this is all speculation but I got this gut feeling a while ago and really think this is another major bubble. I Agree. But the fact is that the newbie who wants to get into the bitcoins for the first time will he buy at this price?? I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy.
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Bagatell
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November 04, 2015, 12:03:09 PM |
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I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy.
I was a n00b the first time the price hit $400. Your advice would have been bad then and I think it's probably bad now.
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CoinCidental
Legendary
Offline
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
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November 04, 2015, 12:55:06 PM |
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I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy.
I was a n00b the first time the price hit $400. Your advice would have been bad then and I think it's probably bad now. I agree, this may be the last time to get coins sub 500 The next ATH will make the last one look like peanuts
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kalgecin
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November 04, 2015, 02:59:39 PM |
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I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy.
I was a n00b the first time the price hit $400. Your advice would have been bad then and I think it's probably bad now. I agree, this may be the last time to get coins sub 500 The next ATH will make the last one look like peanuts We all hope!
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QuestionAuthority
Legendary
Offline
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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November 04, 2015, 10:57:45 PM |
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I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy.
I was a n00b the first time the price hit $400. Your advice would have been bad then and I think it's probably bad now. I agree, this may be the last time to get coins sub 500 The next ATH will make the last one look like peanuts We all hope! Give it a week and you'll be able to get them for sub $250 again.
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Biomech
Legendary
Offline
Activity: 1372
Merit: 1022
Anarchy is not chaos.
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November 05, 2015, 03:56:12 AM |
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I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy.
I was a n00b the first time the price hit $400. Your advice would have been bad then and I think it's probably bad now. I agree, this may be the last time to get coins sub 500 The next ATH will make the last one look like peanuts We all hope! Give it a week and you'll be able to get them for sub $250 again. I'm going with a bit higher than that, but I think overall you're right. Then again with China imposing capital controls and the continuing meltdown in Greece, We could both be totally wrong
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Xian01
Legendary
Offline
Activity: 1652
Merit: 1067
Christian Antkow
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November 05, 2015, 04:27:46 AM |
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Give it a week and you'll be able to get them for sub $250 again.
I sincerely hope you are wrong on this one.
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zimmah
Legendary
Offline
Activity: 1106
Merit: 1005
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November 05, 2015, 05:07:01 AM |
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Main Stream adoption is key. Buy Buy Buy while you can get a bargain That is true mainstream adoption is the key to success, but at present the prices are comparatively going high so it is not the right time to buy, this is the right time to sell a part of bitcoins and make a profit out of it and if the prices goes down in the coming months than can again buy some bitcoins and hold it for the future for the price hike. With all respect I do not agree. Now is still time to buy. I feel the price will rise and fall down to what it is now. Then again this is all speculation but I got this gut feeling a while ago and really think this is another major bubble. I Agree. But the fact is that the newbie who wants to get into the bitcoins for the first time will he buy at this price?? I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy. Soon the world will buy m BTC instead of full BTCThere aren't enough full BTC for everyone, it's only natural the price of 1 BTC is beyond reach of even first world citizens. If you would want to give every citizen of Tokyo a Bitcoin, you would not even have enough to give each of them a full Bitcoin (not enough by half). And that's just one city. It's ridicilous to expect the price of Bitcoin to stay so low that it is accessable for the average person, it's not designed to be. The average person should be able to afford just about 3 m BTC (21 million divided by 7 billion) if you hoor more than that your already ahead of the curve.
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Cereberus
Legendary
Offline
Activity: 910
Merit: 1000
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November 05, 2015, 05:11:12 AM |
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I believe he will wait for the prices to get lower down, and yes the people who are using bitcoins since long time they can still afford to buy as they have already made profits out of it, but for the newbie I don't think its a right time to buy.
I was a n00b the first time the price hit $400. Your advice would have been bad then and I think it's probably bad now. I agree, this may be the last time to get coins sub 500 The next ATH will make the last one look like peanuts This advice is bogus and todays deep dip of $100 out of nowhere proves that. I'll wait until $300 to get in on the buying frenzy.
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RealBitcoin
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November 05, 2015, 05:18:13 AM |
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I want to be part of the elite too Let's work hard on this beautiful Bitcoin project!
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