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furry04
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November 19, 2017, 02:58:52 PM |
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I am not sure if the pioneers would ever be the new wealthy elite. Because being so requires a lot than just money. And if we have like 10 btc the elite I am surely that they have 100 of it. So its not that easy to shift the power withing a few years.
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jbreher
Legendary
 Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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November 19, 2017, 10:10:31 PM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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szpalata
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November 19, 2017, 10:17:47 PM |
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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? It is really curious that OP is not a forum member any more. He probably became so wealthy that wanted to delete any trace of his identity. It is a pity that the article he was quoting has also disappeared. Anyway, he was a visionary. We are going to reach $10.000 soon probably, maybe even this year. It is not 100% sure but if it happened none of us would be surprised. The question is, will people starting to get into bitcoin nowadays be also part of the new wealthy elite in the future? It seems unlikely future returns will be as high as past ones in terms of %. Yes, you might be right percentage wise things wouldn't be the same as before because for bitcoin to rise by 800% in less than a year is incredible and i don't think it will again easily even though there is a general crave for bitcoins globally. |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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November 20, 2017, 12:09:46 AM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. Maybe that is why you have been acting so disgruntled, recently, jbreher? It's the junoreactor theory of having had sold too many coins at a lower price? Remember folks, when in doubt HODL, and if you want to sell some coins, don't sell too many.  |
1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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November 20, 2017, 12:57:27 AM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. Maybe that is why you have been acting so disgruntled, recently, jbreher? It's the junoreactor theory of having had sold too many coins at a lower price? Remember folks, when in doubt HODL, and if you want to sell some coins, don't sell too many. Not at all. I was laughing because I know for a fact -- i.e. personal experience -- that junoreactor's assumption was faulty. After all we've shared, I would think you would know this about me, JJG. |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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Arriemoller
Legendary
Offline
Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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November 20, 2017, 01:12:44 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? It is really curious that OP is not a forum member any more. He probably became so wealthy that wanted to delete any trace of his identity. It is a pity that the article he was quoting has also disappeared. Anyway, he was a visionary. We are going to reach $10.000 soon probably, maybe even this year. It is not 100% sure but if it happened none of us would be surprised. The question is, will people starting to get into bitcoin nowadays be also part of the new wealthy elite in the future? It seems unlikely future returns will be as high as past ones in terms of %. Yes, you might be right percentage wise things wouldn't be the same as before because for bitcoin to rise by 800% in less than a year is incredible and i don't think it will again easily even though there is a general crave for bitcoins globally. Here's the article. http://themonetaryfuture.blogspot.se/2011/06/bitcoin-is-economic-singularity.htmlThe OP was named Atlas and was banned from the forum a long time ago due to too much trolling, The name disappeared at the same time and was replaced with Anonymous. |
Demokrati: Två vargar och ett lamm röstar om lunchmenyn. Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen. Freedom: A well armed lamb opposes the outcome.
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junoreactor
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November 20, 2017, 01:20:51 AM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. Okk... please don't read my post too literally but you know what I meant I am sure, and big kudos to you, wish I was there earlier. But again perhaps in ten years time many will say wish I was there back in 2017, everything is relative. |
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Dannaey
Full Member
Offline
Activity: 468
Merit: 100
Experience the Future of DeFi
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November 20, 2017, 02:32:54 AM |
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Even though I haven't much of Bitcoin here in my wallet, but I truly believe and grateful that we in our country today are the pioneers of Bitcoin users. If you are going to look back the time, those who sold their Bitcoins back then because they lose faith are now regretting why they even sold their Bitcoin and not hold them. But it is never too late for us. There are still left Bitcoins to be mined. We still have a chance. One day we all are the new generation of elite.  |
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heleng05
Member
Offline
Activity: 322
Merit: 10
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November 20, 2017, 02:46:28 AM |
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I thought it was a bad idea to put my money to make it bitcoin, then I see the potential growth that can happen in bitcoin in every single day. And I was wrong and now I put all my money to make grow, so I agree that we are the new wealthy elite.
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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November 20, 2017, 03:28:04 AM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. Maybe that is why you have been acting so disgruntled, recently, jbreher? It's the junoreactor theory of having had sold too many coins at a lower price? Remember folks, when in doubt HODL, and if you want to sell some coins, don't sell too many. Not at all. I was laughing because I know for a fact -- i.e. personal experience -- that junoreactor's assumption was faulty. After all we've shared, I would think you would know this about me, JJG. I am kind of busting your bear balls, and perhaps even jumping on the "beat up jbreher" gravy train - for your ongoing pumping of BTC forks. So in that regards, you likely deserve a bit of beating up. Yes, on a more personal level, I understand that you have been consistently proclaiming to hold a large majority of your already previously acquired BTC stash, so in that respect, you do not really sell your BTC, contrary to the likely deficient junoreactor theory of what long term BTCers. |
1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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tempebacem
Member
Offline
Activity: 161
Merit: 10
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November 20, 2017, 05:19:18 PM |
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Are you telling me that those starving people in Africa can't put away $10 a month for bitcoin? they have access to internet cafes and can easily open an account on some kind of future exchange. in a few hears, there will probably be cards or paper wallets issued with the private keys, that can then be redeemed when necessary. maybe that's the reason why so many in the third world are poor and need access to banking services -- to promote savings and investment habits.
i think what we need are PR people in places like africa that can visit communities and teach the locals about the benefits of bitcoin and how it can help them. for just $10 a month, they can watch their investment grow; this can save them from poverty.
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Hoganye
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November 21, 2017, 10:58:16 PM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. Maybe that is why you have been acting so disgruntled, recently, jbreher? It's the junoreactor theory of having had sold too many coins at a lower price? Remember folks, when in doubt HODL, and if you want to sell some coins, don't sell too many. I only sell when I need to have some money for my life, because sometimes, the salary I earned from other fields and my primary job not enough for my life and family. Of course, I understand the benefit of holding Bitcoin for long term, but in my opinion, we need to keep safe our capital while we are holding it within a little of good reason and supporters. |
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Mabhel19
Newbie
Offline
Activity: 20
Merit: 0
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November 21, 2017, 11:03:32 PM |
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Yes we are the new elite gentlemen because at the young age many gentlemen can earn money and can support their atudiea by this.
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sathvik112
Member
Offline
Activity: 294
Merit: 10
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November 21, 2017, 11:09:44 PM |
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While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.
I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.
Imaginations are easy and we can make many but the face is we have to understand the past records by analyzing the price trend of bitcoin regarding profits this clearly proves practically how many users got benefited with bitcoin. I do accept i am pretty confident we are the new wealthy elite, gentlemen. People not invested cannot enjoy but who invested understands we make wealth with bitcoin as a gentlemen. |
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JayJuanGee
Legendary
Offline
Activity: 3710
Merit: 10240
Self-Custody is a right. Say no to"Non-custodial"
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November 22, 2017, 12:15:43 AM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. Maybe that is why you have been acting so disgruntled, recently, jbreher? It's the junoreactor theory of having had sold too many coins at a lower price? Remember folks, when in doubt HODL, and if you want to sell some coins, don't sell too many. I only sell when I need to have some money for my life, because sometimes, the salary I earned from other fields and my primary job not enough for my life and family. Of course, I understand the benefit of holding Bitcoin for long term, but in my opinion, we need to keep safe our capital while we are holding it within a little of good reason and supporters. Of course, you should not be investing in bitcoin in such a way that you would be forced to sell at a time that is not of your own choosing. that is why frequently it is good to sell a little bit as the price goes up but also to make sure that you are clear about your cashflow for several months in advance in order that you are not having to make emergency withdrawals into your bitcoin stash - which by definition an "emergency" withdrawal would not be a time of your own choosing, but instead caused by an outside force that is likely not correlated with bitcoin's price. |
1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Harriti
Sr. Member
Offline
Activity: 756
Merit: 256
HEX: Longer pays better
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November 23, 2017, 08:37:44 PM |
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Who bought in 2011 and still post on this forum? Probably no one.
Ha. Hahah. Hahahahahahhhaaaaa. Maybe that is why you have been acting so disgruntled, recently, jbreher? It's the junoreactor theory of having had sold too many coins at a lower price? Remember folks, when in doubt HODL, and if you want to sell some coins, don't sell too many. I only sell when I need to have some money for my life, because sometimes, the salary I earned from other fields and my primary job not enough for my life and family. Of course, I understand the benefit of holding Bitcoin for long term, but in my opinion, we need to keep safe our capital while we are holding it within a little of good reason and supporters. Of course, you should not be investing in bitcoin in such a way that you would be forced to sell at a time that is not of your own choosing. that is why frequently it is good to sell a little bit as the price goes up but also to make sure that you are clear about your cashflow for several months in advance in order that you are not having to make emergency withdrawals into your bitcoin stash - which by definition an "emergency" withdrawal would not be a time of your own choosing, but instead caused by an outside force that is likely not correlated with bitcoin's price. Sometimes, the cryptocurrency market and the price of Bitcoin can be quiet and stabilize. Sold a little amount of Bitcoin at high price can help you minimize the risk and have money for other fields or your life. There's no reason to sell all amount in once, split to more times and enjoy the profits, that's all. |
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Maren
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November 23, 2017, 09:30:56 PM |
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Atlas was way ahead of his time! A true visionary, a misunderstood genious. If only more people listened to him in 2011.
Bitcoin could be the singularity but.. what will be the bitcoin? The segwit VS big block battle is not yet resolved and I'd be willing to pay serious coin for an atlas-like revelation
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ZENC
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November 23, 2017, 11:22:36 PM |
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There is not much where the elites like them are here. Bitcoin owners already sold it at the first opportunity. Those who still have will sell it soon. No one is rich.
The rich already have already left bitcointalk.
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jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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November 24, 2017, 12:22:33 AM |
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There is not much where the elites like them are here. Bitcoin owners already sold it at the first opportunity. Those who still have will sell it soon. No one is rich.
The rich already have already left bitcointalk.
https://bitcointalk.org/index.php?topic=12156.msg24866272#msg24866272 |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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Mike Mayor
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November 24, 2017, 01:12:05 AM |
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Yes it is!! Yes we are!! I feel the power of Bitcoin pulse through my vains Bitcoin is strong, Bitcoin is great all hail Bitcoin. ^^ Atlas was way ahead of his time! A true visionary, a misunderstood genious. If only more people listened to him in 2011.
Bitcoin could be the singularity but.. what will be the bitcoin? The segwit VS big block battle is not yet resolved and I'd be willing to pay serious coin for an atlas-like revelation
I don't think it's ahead of it's time I think the timing is perfect. During a bad economy bitcoin is very welcome and is the answer. People are scared of going utside their comfort zone so taking the risk for Bitcoin is only for the gutsy while the other are left behind to play with fiat money which I now lovingly refer to as play play money. ^^ |
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