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

[Maesters1-]

yes we can say that we are pretty confident that we are the new wealthy elite gentlemen. but this statement only depend on the position of the bitcoin. we can see that in a single day the price of bitcoin dropped more than 100 USD. so if there is such kind of uncertainty then what how can it be possible. if we want to become rich from bitcoin, bitcoin needs to be stable, there should not be so much flexibility in the up and down of the rates of the bitcoin.

[chaosknight]

yes we can say that we are pretty confident that we are the new wealthy elite gentlemen. but this statement only depend on the position of the bitcoin. we can see that in a single day the price of bitcoin dropped more than 100 USD. so if there is such kind of uncertainty then what how can it be possible. if we want to become rich from bitcoin, bitcoin needs to be stable, there should not be so much flexibility in the up and down of the rates of the bitcoin.

If you want to get wealthy and rich with bitcoin then you have to hold huge amount of coins, and I really feel that if  we hold more then 100 btc then we are wealthy gentlemen.

[JayJuanGee]

yes we can say that we are pretty confident that we are the new wealthy elite gentlemen. but this statement only depend on the position of the bitcoin. we can see that in a single day the price of bitcoin dropped more than 100 USD. so if there is such kind of uncertainty then what how can it be possible. if we want to become rich from bitcoin, bitcoin needs to be stable, there should not be so much flexibility in the up and down of the rates of the bitcoin.

Aspiring towards stability any time soon in the bitcoin prices is nearly pure wishful thinking.

One of the most plausible ways for bitcoin to achieve some semblance of price stability is to transform its current market cap by about 100x higher from here, and who the hell knows whether that kind of market cap increase is coming any time soon? 

Surely, it feels possible to get some decent market cap increase in bitcoin in the near future, but more realistically, bitcoin is going to suffer from considerable volatility for quite a while to come because there are plenty of monied interests that do not mind pumping money into attempting to keep its price down (whether through propaganda or by dumping coins on the various exchanges or any other ways that they can consider to attempt to suppress the price).

Accordingly, if you are bothered by such great volatility in bitcoin's price and such likely continued great volatility in its price, then you need to consider ways in which you personally can take your own personal measures to either take advantage of bitcoin's nearly inevitable ongoing volatility or to some how cope with the ongoing volatility.

Again it seems to be unrealistic to attempt to wish away bitcoin's volatility and such wishing away seems to be quite detached from the real current state of affairs in the bitcoin space, especially at this price point and any price point short of a 100x higher market cap.   By the way, I am considering that from here, a 100x increase would cause bitcoin's market cap to sit around $1trillion and bitcoins would be individually priced in about the $65k arena.

[PemburuReceh]

I believe this is true, it's not going to happen overnight, but it will happen

[Cyaren]

This is such a legendary thread. We are definitely going to be a part of the wealthy elite even now when the bitcoin price is already sky high in my opinion. Even though there are already a lot of adopters right now, there are still opportunities.

So get onto this bitcoin ship while you still can.

[AsaroUk]

I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

[groll]

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 believe that people who have stocked huge amount of bitcoins today is a millionaire and a very rich person or individual. But let us also take into account that bitcoins prize is unstable, it depends on the buy and sell, supply and demand principle. This price unstability is somehow an event that we should prepare for and that is we should sell bitcoin at a higher price and buy bitcoins when they are low.

[Betwrong]

I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

I think it will be Bitcoin and maybe some other cryptoes too. Bitcoin is already established more than any other crypto currency so I see no reason for it not to be the number one in the future.

[ImHash]

once every body realize that the only ones profiting the most from bitcoin are firstly the inventor(s) and their friends and family members
Then who ever got in early than others.
Basically if you get in bitcoin you can profit more than the one who comes after you, I fear that day people be disappointed in bitcoin
And leave it to be.

[Labumi]

I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

Although there is a coin that offers excellence better than BTC, I think it will not make the BTC went down and lost his reputation. Because the BTC is a digital currency is different and is not bound by any company or individual, so that the BTC could stand by itself without in interfering by things that can cause his reputation declined because of policies that are not appropriate

[nururochac]

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 believe that people who have stocked huge amount of bitcoins today is a millionaire and a very rich person or individual. But let us also take into account that bitcoins prize is unstable, it depends on the buy and sell, supply and demand principle. This price unstability is somehow an event that we should prepare for and that is we should sell bitcoin at a higher price and buy bitcoins when they are low.

Pioneers is always the one who profit the most but that doesn't mean we cant profit as what they profited, I believe bitcoin is still on it's early days so It is still possible to make us millionaire.

[thejaytiesto]

I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

What usability, the same that made ETH a doomed coin? Get real. Usability is useless, unless the coin has a solid dev team and Core is the only solid dev team, and they are working on the biggest coin, so Bitcoin has 0 competition.

ETH will go down eventually, we are just seeing whales pumping it to dump it for BTC.

[JayJuanGee]

once every body realize that the only ones profiting the most from bitcoin are firstly the inventor(s) and their friends and family members
Then who ever got in early than others.
Basically if you get in bitcoin you can profit more than the one who comes after you, I fear that day people be disappointed in bitcoin
And leave it to be.

Naw...

You are making this out to sound like a ponzi scheme.   

I came into bitcoin in November 2013, and I bought my first coins at $1,200.  I have been buying on the way down to below $200 in 2015, and then I started trading in October 2015 (small at first).  Anyhow, with about the same amount of capital as some of the earlier investors, I have accumulated more coins, and my average cost per coin is below $450 - and I also have dollars accumulated from the trading to buy back more coins on price dips.

so you can accumulate and you can also hang onto your coins when others spend them, because over the years, bitcoin is likely to continue to considerably increase in value while other currencies depreciate.  So spend the fiat currencies first, and if you spend bitcoins, replace them because they are likely to appreciate in value in the coming months and years.

[rickadone]

I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

What usability, the same that made ETH a doomed coin? Get real. Usability is useless, unless the coin has a solid dev team and Core is the only solid dev team, and they are working on the biggest coin, so Bitcoin has 0 competition.

ETH will go down eventually, we are just seeing whales pumping it to dump it for BTC.

I do not exactly care whether eth goes down or anything since I have not invested any funds on Eth and I do not think bitcoin users are directly affected or if we are, it wouldn't be that bad of an effect.

[Biomech]

I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

What usability, the same that made ETH a doomed coin? Get real. Usability is useless, unless the coin has a solid dev team and Core is the only solid dev team, and they are working on the biggest coin, so Bitcoin has 0 competition.

ETH will go down eventually, we are just seeing whales pumping it to dump it for BTC.

I do not exactly care whether eth goes down or anything since I have not invested any funds on Eth and I do not think bitcoin users are directly affected or if we are, it wouldn't be that bad of an effect.

I have some prejudice against ETH. Trying to put that aside, it's utility really lies in other areas than remittance, and it's a great platform for a lot of things that bitcoin is not. I don't see any problem with them coexisting.

I don't believe that BTC will lose it's first mover position any time soon. I do think other coins will overtake it in time, as it has some disadvantages as well.

[Bit_Happy]

once every body realize that the only ones profiting the most from bitcoin are firstly the inventor(s) and their friends and family members
Then who ever got in early than others.
Basically if you get in bitcoin you can profit more than the one who comes after you, I fear that day people be disappointed in bitcoin
And leave it to be.

Naw...

You are making this out to sound like a ponzi scheme.   

I came into bitcoin in November 2013, and I bought my first coins at $1,200.  I have been buying on the way down to below $200 in 2015, and then I started trading in October 2015 (small at first).  Anyhow, with about the same amount of capital as some of the earlier investors, I have accumulated more coins, and my average cost per coin is below $450 - and I also have dollars accumulated from the trading to buy back more coins on price dips.

so you can accumulate and you can also hang onto your coins when others spend them, because over the years, bitcoin is likely to continue to considerably increase in value while other currencies depreciate.  So spend the fiat currencies first, and if you spend bitcoins, replace them because they are likely to appreciate in value in the coming months and years.

^^^
Good advice:
Bravo JayJuanGee, cost averaging is the key to great trading and/or brilliant collection for holding long-term.

[DOGE12321]

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 know. After like a couple of years, the price has a good chance of rising. During that time, we have a great chance to double, triple or even quadruple our profits. 

[Sir_lagsalot]

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 know. After like a couple of years, the price has a good chance of rising. During that time, we have a great chance to double, triple or even quadruple our profits. 

Take a look at the bitcoin price. There was a huge amount of hype after bitcoin jumped from 500 to 600, and then to 780. Now we're back at below 600.

[hermanhs09]

Well i dont think everyone here is an "elite" or "wealthy" member to btc but that could just be me, i know a lot of people on this forum that are not rich or poor they're just middlemen trying to figure out how to have fun and make money with BTC.

The best part about it is, if you have any little bit of BTC you are a stockholder!

[bryant.coleman]

I believe this is true, it's not going to happen overnight, but it will happen

I may happen. There are other coins on the market which offer far more usability then bitcoin. So if you ask me. Will a crypto con be the future. Yes it will
Will it be Bitcoin? Not sure.

As of now, there is no reliable alternative to Bitcoin. Most of the other crypto-coins (including DASH, ether, Litecoins, Namecoin, Dogecoin.etc) are just shameless copycats of the original. Still, there is a possibility that such an alternative may come up in the near future. Bitcoin has a lot of vulnerabilities. If someone can eliminate them, then he will be able to create the perfect crypto-coin.