Bitcoin Forum
December 06, 2016, 08:21:19 AM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 ... 172 »
  Print  
Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 507928 times)
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
October 23, 2013, 05:54:53 PM
 #441




How many pioneers have you brought on aboard?

Damn, you took my plate... Grin I love it though. I guess I'll settle with SATOSHI for my next plate. Smiley

a yellow one at that!

like a bright neon sign!
1481012479
Hero Member
*
Offline Offline

Posts: 1481012479

View Profile Personal Message (Offline)

Ignore
1481012479
Reply with quote  #2

1481012479
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1481012479
Hero Member
*
Offline Offline

Posts: 1481012479

View Profile Personal Message (Offline)

Ignore
1481012479
Reply with quote  #2

1481012479
Report to moderator
Erdogan
Hero Member
*****
Offline Offline

Activity: 714



View Profile
October 23, 2013, 08:42:45 PM
 #442

It's even harder do watch as everyone I care for has their savings and earnings devalued from right in front of them, and there's nothing I can do. They don't get it, they don't want to hear it, and I feel like I'm the one taking crazy pills.

Seems like a huge amount of people on these forums don't understand why expected inflation is not a big deal. If the dollar is inflating 2% per year, then this increase gets factored into wages and contracts (including bonds). Most people who have any significant amount of money don't keep it in cash. People who have invested their money in stocks and bonds over the last hundred years have done very well in general. There is no problem that you need to save these people from.

One of the things politicians want to achieve, is to adjust salaries and entitlements downwards. If and when everything is adjusted to expected inflation, inflation will increase to something that is unexpected.
BitChick
Legendary
*
Offline Offline

Activity: 1022


View Profile
October 23, 2013, 08:48:17 PM
 #443

Yes I would be the elite if I had bought 10 000 btc at 1$, but guess what I didn't.

Skip ahead two or three years. Someone will post "Yes I would be the elite if I had bought 10 BTC at $200."  Wink

1BitcHiCK1iRa6YVY6qDqC6M594RBYLNPo
pinger
Legendary
*
Offline Offline

Activity: 1316


BitcoinAtMail.com Free Bitcoins here


View Profile WWW
October 23, 2013, 09:20:41 PM
 #444

Yes I would be the elite if I had bought 10 000 btc at 1$, but guess what I didn't.

Skip ahead two or three years. Someone will post "Yes I would be the elite if I had bought 10 BTC at $200."  Wink
How about no. Smiley

Wrong

mootinator
Sr. Member
****
Offline Offline

Activity: 272


View Profile
October 23, 2013, 10:39:44 PM
 #445

Yes I would be the elite if I had bought 10 000 btc at 1$, but guess what I didn't.

If everyone who thinks they could have bought 10 000 btc at 1$ had actually bought 10 000 btc at 1$ then none of those people would have actually been able to buy 10 000 btc at 1$.

Alms for the middle class: 1Mootin8RQCHwb53zm3GTHNxBJfjRkUT15
TTC: TTyCoin4Fep8mEyKPv8uTNgiUtqjiPJ55n
go1111111
Full Member
***
Offline Offline

Activity: 182


View Profile
October 24, 2013, 01:57:36 AM
 #446

One of the things politicians want to achieve, is to adjust salaries and entitlements downwards. If and when everything is adjusted to expected inflation, inflation will increase to something that is unexpected.

Politicians want to win elections and have power, and they'll basically do whatever it takes to get those things.

If you have skills, then in most markets your salary will roughly reflect your skills regardless of what inflation is, unless you're in some sort of hyperinflation. That's why companies adjust salaries using a 'cost of living increase' every year, usually about 2%, because inflation has been about 2% for a while. It's not a big deal.
Anon136
Legendary
*
Offline Offline

Activity: 1204



View Profile
October 24, 2013, 04:25:04 AM
 #447

One of the things politicians want to achieve, is to adjust salaries and entitlements downwards. If and when everything is adjusted to expected inflation, inflation will increase to something that is unexpected.

Politicians want to win elections and have power, and they'll basically do whatever it takes to get those things.

If you have skills, then in most markets your salary will roughly reflect your skills regardless of what inflation is, unless you're in some sort of hyperinflation. That's why companies adjust salaries using a 'cost of living increase' every year, usually about 2%, because inflation has been about 2% for a while. It's not a big deal.

you are focusing on the seen and missing the unseen. that 2% inflation isnt just a magical mystical change in purchasing power that leeks into our dimension from the ether, it represents the fact that someone is printing money. that is a wealth transfer from the people who save to the people who print. thats represents a new computer or used car or w/e that you dont have, and that the printer of the money now does have. Yea in a prosperous economy you could still survive just like a human can survive with a tick on it, that doesn't mean we shouldn't try to remove ticks.

Rep Thread: https://bitcointalk.org/index.php?topic=381041
If one can not confer upon another a right which he does not himself first possess, by what means does the state derive the right to engage in behaviors from which the public is prohibited? Is there any process, procedure or ritual through which an immoral action can be legitimately transformed into a moral one with out changing the character of the action itself?
WinVery.com
Full Member
***
Offline Offline

Activity: 219


Winvery Casino


View Profile WWW
October 24, 2013, 08:48:03 AM
 #448

Yes I would be the elite if I had bought 10 000 btc at 1$, but guess what I didn't.

If everyone who thinks they could have bought 10 000 btc at 1$ had actually bought 10 000 btc at 1$ then none of those people would have actually been able to buy 10 000 btc at 1$.

A single bitcoin is going to be very valuable in the future.  I plan to have many.

JakeGold
Member
**
Offline Offline

Activity: 93



View Profile
October 24, 2013, 11:10:57 AM
 #449

Yes I would be the elite if I had bought 10 000 btc at 1$, but guess what I didn't.

If everyone who thinks they could have bought 10 000 btc at 1$ had actually bought 10 000 btc at 1$ then none of those people would have actually been able to buy 10 000 btc at 1$.

A single bitcoin is going to be very valuable in the future.  I plan to have many.

That's so predictable. I know a few guiys who were kicking themselves a year ago for "not buying in when it was under $10", now they're complaining about "not buying when it was under $100". And they'll still be complaining next year for "not buying when they were under $1000".

I've been buying on a regular basis regardless of price and I'm bewildered by their thought process.

"But greed is the only snake that cannot be charmed"
JakeGold
Member
**
Offline Offline

Activity: 93



View Profile
October 24, 2013, 12:11:57 PM
 #450

So in 10 years I'll kick myself when it's 10 000$?  Cheesy

$/BTC will be a moot stat by then. Think Zimbabwe dollars  Tongue

"But greed is the only snake that cannot be charmed"
cheech300
Sr. Member
****
Offline Offline

Activity: 280


NEIN, ICH BIN DER BITCOIN!


View Profile
October 24, 2013, 02:13:11 PM
 #451

ya,

if i got money left, i buy BTC whenever i could. in my opinion everything under 1k is cheap!

i wish i could look into 2 years future of this forum.... many things will repeated loads of time....

The official thread for the international "when-bitcoin-reaches 1000,- $ party"

https://bitcointalk.org/index.php?topic=285771.0;           https://btc1k.com/
justusranvier
Legendary
*
Offline Offline

Activity: 1400



View Profile WWW
November 05, 2013, 04:56:00 PM
 #452

Bump  Cheesy
Bumping this thread doesn't work anymore.

Maybe try translating it to Chinese?
Hexadecibel
Human Intranet Liason
VIP
Hero Member
*
Offline Offline

Activity: 536


I still <3 u Satoshi


View Profile
November 05, 2013, 05:28:05 PM
 #453

Oh look its this thread again Wink
Bitobsessed
Sr. Member
****
Offline Offline

Activity: 291



View Profile
November 05, 2013, 05:39:14 PM
 #454

A little premature don't you think?
Rampion
Legendary
*
Offline Offline

Activity: 1078


View Profile
November 05, 2013, 06:45:34 PM
 #455

A little premature don't you think?

Yeah, please try again around 1000 USD/BTC price point, thank you!

Those who mined&bought BTC are already among the new wealthy elite, no need to wait for $1000 USD/BTC.

LiteCoinGuy
Legendary
*
Offline Offline

Activity: 1148


In Satoshi I Trust


View Profile WWW
November 05, 2013, 07:07:44 PM
 #456

A little premature don't you think?

Yeah, please try again around 1000 USD/BTC price point, thank you!

Those who mined&bought BTC are already among the new wealthy elite, no need to wait for $1000 USD/BTC.

yes, the very early adopters and now devs, businessmen etc etc are already very wealthy. they will build more on top of bitcoin and make the system even better.

Kouye
Sr. Member
****
Offline Offline

Activity: 336


Cuddling, censored, unicorn-shaped troll.


View Profile
November 05, 2013, 07:12:58 PM
 #457

I'll refrain bumping that post until people try to beg for a satochi in exchange of their 1$ bill.
But I will when it happens! Grin

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
vesperwillow
Hero Member
*****
Offline Offline

Activity: 616


View Profile
November 05, 2013, 07:54:38 PM
 #458

Hell, I'd love to buy bitcoin, especially over the past week.

$0 available to buy with Cheesy

dserrano5
Legendary
*
Offline Offline

Activity: 1638



View Profile
November 05, 2013, 08:40:24 PM
 #459

Bump  Cheesy
Bumping this thread doesn't work anymore.

The market seems to disagree with that. At least in the very short term Tongue.

sushi
Full Member
***
Offline Offline

Activity: 238

ASIC Myth Buster


View Profile
November 05, 2013, 10:40:47 PM
 #460

as more merchants accept bitcoins, the market must grow and get stronger.  Question is is the price stay leveled or as more coins are minted in the next few months with the crazy TH/S mining rate, if the mining produce more coins than it needs or the other way around.

Any Generous boy/girl, can you give me a starter BTC?  1AHNusc3BQA2QJCokySAQ1Qtymr1ZyAG6P


>>> PM me for New ASIC Miner's Info.  We will go check it out <<<
FEEL GENEROUS TODAY?  ==> 1AHNusc3BQA2QJCokySAQ1Qtymr1ZyAG6P
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 [23] 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 ... 172 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!