I am pretty confident we are the new wealthy elite, gentlemen.

[hermanhs09]

lol Lendary Thread

Definitely. The fact that it's posted by an anonymous person as well just makes this thread so special.

I definitely agree with you even now. Although some people may say that bitcoin has no future and the price is already at its highest, and it may never go higher again, I believe in otherwise. I believe in bitcoin, and I believe that whoever believes in it will get rewarded A LOT.

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[eurogts]

I was very lucky to purchase some bitcoins today. I think you are spot on. If less than 50 million will be made, the value per bit coin will be ridiculous in the coming months...

https://www.youtube.com/watch?v=8sLeqsMOi00

[Mayuyu48]

I shall keep a significant sum of my earnings into bitcoins, I have a lot of faith in it's future, let's see how it goes
and hope for the best.
I hope you're right though.

[pandalion98]

Remember, gentlemen,

This thread was created in the early days of BTC.

Right now, I'm confident that OP is now part of the wealthy elite.

[Crazygreek]

Omg, first post was in 2011, very happy to see a thread like this, what to take part of your gentlemens club, gentlemens
Long live bitcoin!

[pereira4]

OP deleted his account it seems, probably because he is so rich now that he doesn't want to post on forums anymore and is enjoying his new found wealth.

Hopefully we can be like OP in a couple of years. HODL.

OP is Atlas. A notorious troll who got banned in the end for faking (?) a suicide attempt.

That sounds like quite the interesting story. What happened, exactly? Why would he suicide if he made a thread basically saying that he was rich? (I assume Atlas was an early investor/miner)

By now, he should be really, really rich..

[QuestionAuthority]

OP deleted his account it seems, probably because he is so rich now that he doesn't want to post on forums anymore and is enjoying his new found wealth.

Hopefully we can be like OP in a couple of years. HODL.

OP is Atlas. A notorious troll who got banned in the end for faking (?) a suicide attempt.

That sounds like quite the interesting story. What happened, exactly? Why would he suicide if he made a thread basically saying that he was rich? (I assume Atlas was an early investor/miner)

By now, he should be really, really rich..

OP deleted his account it seems, probably because he is so rich now that he doesn't want to post on forums anymore and is enjoying his new found wealth.

Hopefully we can be like OP in a couple of years. HODL.

He was a 16 year old self proclaimed nihilist kid from Texas with mental problems, abused by his parents, that tried to commit suicide and posted about it on this forum.

The mighty:

[el kaka22]

how many btc do i need to have in order to be a part of this elite club

I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget.  By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.

Great advises for  new comers, but I think for a regular joe it is hard to acquire a 10BTC having considering that the value is changing. The market is changing everyone is changing. We will never know when is the time that BTC will change its value to a tremendous scale.
It is a good thing to save now, and have a good future.

[JayJuanGee]

how many btc do i need to have in order to be a part of this elite club

I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget.  By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.

Great advises for  new comers, but I think for a regular joe it is hard to acquire a 10BTC having considering that the value is changing. The market is changing everyone is changing. We will never know when is the time that BTC will change its value to a tremendous scale.
It is a good thing to save now, and have a good future.

O.k.  Maybe I am kind of assuming too much about folks when I suggest targeting 10BTC to 100BTC.

If someone is really brand new to BTC, then they may need to figure out a way to budget a portion of their income.

Let's say for example, that you have $1,000 per month in income and your rent and basic expenses cause you to have to spend about $750.  Then you have $250 left, but you have other expenses too, and maybe in the end, you can only afford $100 per month.

Everyone is going to have different amounts that they are able to set aside depending on their circumstances, and bitcoin likely remains a decent investment, but there may be a need to engage in a kind of dollar cost averaging investment, in the event that a person does not already have a savings that s/he can transfer into bitcoin, and s/he just puts in as much as s/he can reasonably afford to do so without causing personal hardship (s).

[zodin]

how many btc do i need to have in order to be a part of this elite club

I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget.  By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.

Great advises for  new comers, but I think for a regular joe it is hard to acquire a 10BTC having considering that the value is changing. The market is changing everyone is changing. We will never know when is the time that BTC will change its value to a tremendous scale.
It is a good thing to save now, and have a good future.

O.k.  Maybe I am kind of assuming too much about folks when I suggest targeting 10BTC to 100BTC.

If someone is really brand new to BTC, then they may need to figure out a way to budget a portion of their income.

Let's say for example, that you have $1,000 per month in income and your rent and basic expenses cause you to have to spend about $750.  Then you have $250 left, but you have other expenses too, and maybe in the end, you can only afford $100 per month.

Everyone is going to have different amounts that they are able to set aside depending on their circumstances, and bitcoin likely remains a decent investment, but there may be a need to engage in a kind of dollar cost averaging investment, in the event that a person does not already have a savings that s/he can transfer into bitcoin, and s/he just puts in as much as s/he can reasonably afford to do so without causing personal hardship (s).

yes it is a fact but it depend on the bitcoin rate and its price. if it is going up and continue its trend then it is possible that we will be the next gentle men having a lot of money .

[JayJuanGee]

how many btc do i need to have in order to be a part of this elite club

I think that at the time of Op, there were quite a few people who owned 10k BTC and more because it would only cost a grand or less to accomplish such holdings.

Sure, over time the amount of coins is going to change and feeling wealthy is kind of relative, but probably, a person needs to minimally attempt to acquire 10 BTC at this price point.. and, yeah, if you can acquire 100 or more BTC at this point, you will likely be in decent shape in the future.

I don't really recommend investing balls to the walls, but if you are newbie getting into bitcoin now, then maybe you could front load a bit and then buy on dips and sell very small amounts on rises while keeping in mind that your goal is to attempt to accumulate as many coins as you can within your own budget.  By the way, I also don't believe in leveraging or borrowing in order to achieve such goals, but it could work out well in certain scenarios, even though it remains a fairly risky proposition (to leverage your BTC investment).

So, maybe newbies could target 10BTC to 100BTC, and just attempt to be reasonable in your acquisition and accumulation process.

Of course, perspectives and approaches are going to vary, so each of us has to find his/her own comfort level in this regard.

Great advises for  new comers, but I think for a regular joe it is hard to acquire a 10BTC having considering that the value is changing. The market is changing everyone is changing. We will never know when is the time that BTC will change its value to a tremendous scale.
It is a good thing to save now, and have a good future.

O.k.  Maybe I am kind of assuming too much about folks when I suggest targeting 10BTC to 100BTC.

If someone is really brand new to BTC, then they may need to figure out a way to budget a portion of their income.

Let's say for example, that you have $1,000 per month in income and your rent and basic expenses cause you to have to spend about $750.  Then you have $250 left, but you have other expenses too, and maybe in the end, you can only afford $100 per month.

Everyone is going to have different amounts that they are able to set aside depending on their circumstances, and bitcoin likely remains a decent investment, but there may be a need to engage in a kind of dollar cost averaging investment, in the event that a person does not already have a savings that s/he can transfer into bitcoin, and s/he just puts in as much as s/he can reasonably afford to do so without causing personal hardship (s).

yes it is a fact but it depend on the bitcoin rate and its price. if it is going up and continue its trend then it is possible that we will be the next gentle men having a lot of money .

I believe that also a part of my point was that I was expecting a large majority of folks to be earning money in fiat, but even if they do not, they still likely will calculate prices in fiat because that is how they spend their money.  The fiat remains the unit of value, and can remain so for a very long time, and we may consider that as bitcoin prices go up, we are not going to be able to accumulate as many BTC, even though we invest in the same amount of fiat (whether that be $100 per month $1,000 per month or some higher amount). 

In any event, if we want to attempt to become "new wealthy elite, gentlemen"  it may not matter so much how many bitcoin we have right now, but we continue  to recognize that bitcoin is going to continue to be the superior method of earning on your savings, and therefore you attempt to invest (and accumulate) as many as you reasonably can whether that is a percentage of your income or actual hard goals about how many BTC you would like to accumulate based on your own financial circumstances, timeline and ability to focus on your accumulation goals.

[Elwar]

Shoot for 2.1 bitcoins. That way you have 1/10 millionth of all bitcoins that will ever be created.

After that go for 21 so that you hold one millionth of all bitcoins.

If you can get there then go for 210 bitcoins. At that point you no more than 100,000 people will ever be richer than you.

If you work hard enough to accumulate 2100 you will be one of the 10,000 richest people in the world once Bitcoin is the world currency.

[Dafar]

Shoot for 2.1 bitcoins. That way you have 1/10 millionth of all bitcoins that will ever be created.

After that go for 21 so that you hold one millionth of all bitcoins.

If you can get there then go for 210 bitcoins. At that point you no more than 100,000 people will ever be richer than you.

If you work hard enough to accumulate 2100 you will be one of the 10,000 richest people in the world once Bitcoin is the world currency.

If you can't afford 2100 right now it will be too late already I think.

2100BTC = $1.5 million dollars. Can't afford it.... too late for me to become rich?

[spazzdla]

Shoot for 2.1 bitcoins. That way you have 1/10 millionth of all bitcoins that will ever be created.

After that go for 21 so that you hold one millionth of all bitcoins.

If you can get there then go for 210 bitcoins. At that point you no more than 100,000 people will ever be richer than you.

If you work hard enough to accumulate 2100 you will be one of the 10,000 richest people in the world once Bitcoin is the world currency.

If you can't afford 2100 right now it will be too late already I think.

2100BTC = $1.5 million dollars. Can't afford it.... too late for me to become rich?

LOL  I was thinking the same thing.. LOL

If you can buy 2100 BTC you are already rich.. wtf you mean you can't become rich unless you have 2100.. wtf?

[Bit_Happy]

Shoot for 2.1 bitcoins. That way you have 1/10 millionth of all bitcoins that will ever be created.

After that go for 21 so that you hold one millionth of all bitcoins.

If you can get there then go for 210 bitcoins. At that point you no more than 100,000 people will ever be richer than you.

If you work hard enough to accumulate 2100 you will be one of the 10,000 richest people in the world once Bitcoin is the world currency.

210 Bitcoins sounds like a great goal.
I almost had 100 back in 2011/2012, but the slow recovery from $1.99992 to $7+ looked like a great time to get out 3x+ above the bottom...   ...lol?

[JayJuanGee]

Shoot for 2.1 bitcoins. That way you have 1/10 millionth of all bitcoins that will ever be created.

After that go for 21 so that you hold one millionth of all bitcoins.

If you can get there then go for 210 bitcoins. At that point you no more than 100,000 people will ever be richer than you.

If you work hard enough to accumulate 2100 you will be one of the 10,000 richest people in the world once Bitcoin is the world currency.

If you can't afford 2100 right now it will be too late already I think.

2100BTC = $1.5 million dollars. Can't afford it.... too late for me to become rich?

No your too late to own 2100 XBT. Ever. Sorry (I will also never own 2100 XBT)

I've been considering these various responses in response to the 2.1 / 21/ 210 and 2,100 question, and surely 2,100 is surely the most lofty of the goals, yet I am not sure whether it is impossible to achieve, for example if you have already achieve the 210 goal. 

Let's say for example, you are of fairly modest means (with a decent amount of disposable income), and you were able to acquire 210 coins in the lower $200s (let's say for a bit over $230 on average so you already invested most of your savings, around $50k). 

You invested most of your savings, but you were a bit afraid to invest more into bitcoin because you were not sure where it was going and you certainly did not want to leverage in any kind of way, yet you still have an outside disposable income, etc.  Therefore, besides your initial investment, you continued to dollar cost average around $1,000 per month in the past year, so now you have acquired around 250 coins.  Maybe you can continue to dollar cost average invest into bitcoin and to use part of your stash to trade and another part of your stash for security. 

Bitcoin is very volatile, so yeah, maybe 1,000 coins may be the most that you could expect to accumulate, without gambling too much and putting at risk your whole stake. 

O.k... maybe this is a bit of a dumb idea... and if you are just getting in now, maybe 210 coins would be lofty in itself, and maybe if bitcoin prices really surge with several more 10x price increases, then 21 coins would actually be sufficient to feel part of the new wealthy elite, gentlemen. 

Only three more  10 x increases from here, would put the 21 BTC stash at (21 x $736 = 15,500 x 10 = $150,500 x10 = $1,550,000 x 10 = $15,550,000).  Many of us would recognize $15 million as a fairly decent stash getting us close to "new wealthy elite, gentlemen."

[ATguy]

210 Bitcoins sounds like a great goal.
I almost had 100 back in 2011/2012, but the slow recovery from $1.99992 to $7+ looked like a great time to get out 3x+ above the bottom...   ...lol?

If you cashed out 3x of what you bought with, that is great return for the investment. The only unfortunate thing is you just bought with $200. Thats why I dont believe anyone buying today just around 1 BTC and store longterm can even retire from this - you need more coins, probably at least 21.

[Bobsurplus]

Shoot for 2.1 bitcoins. That way you have 1/10 millionth of all bitcoins that will ever be created.

After that go for 21 so that you hold one millionth of all bitcoins.

If you can get there then go for 210 bitcoins. At that point you no more than 100,000 people will ever be richer than you.

If you work hard enough to accumulate 2100 you will be one of the 10,000 richest people in the world once Bitcoin is the world currency.

Bring it on. Im ready to be in the top.
Praise the lord, we are the wealthy elite brought to you by Bitcoin.
I fucking love you Satoshi. Like Pure homo!  

[xDan]

Bring it on. Im ready to be in the top.
Praise the lord, we are the wealthy elite brought to you by Bitcoin.
I fucking love you Satoshi. Like Pure homo!  

[macartem]

I haven't been blessed.