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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 631743 times)
Littleshop
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October 16, 2013, 11:41:26 AM
 #361



Well now there goes that rally!  This thread is the poison that usually stops it. 

"The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." -- Satoshi
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saif92
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October 16, 2013, 03:20:15 PM
 #362

today as I watch this touching 145$ I was very happy my wallet is going up in dollars my 0.02 is almost near 3$  Cheesy

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October 16, 2013, 03:54:14 PM
 #363

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

Are we?
nobbynobbynoob
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October 16, 2013, 04:04:56 PM
 #364

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

Are we?

Only if we have more than about BTC70k at these prices, dear. Grin

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October 16, 2013, 04:10:05 PM
 #365

Bitcoin can hit 100k$, though the worth of dollar at that point... Grin

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October 16, 2013, 04:27:59 PM
 #366

Bitcoin can hit 100k$, though the worth of dollar at that point... Grin

Based on that logic (quite reasonable), there is no upper limit to bitcoin's value in fiat terms. Smiley

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October 16, 2013, 04:33:55 PM
 #367

Bitcoin can hit 100k$, though the worth of dollar at that point... Grin

Based on that logic (quite reasonable), there is no upper limit to bitcoin's value in fiat terms. Smiley

True, just think how many zimbabwean dollars one btc could have been worth Grin

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Gordonium
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October 16, 2013, 11:22:44 PM
 #368

How many Bitcoins you will need to hold to be part of this new elite?
notme
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October 16, 2013, 11:25:05 PM
 #369

How many Bitcoins you will need to hold to be part of this new elite?

1

https://www.bitcoin.org/bitcoin.pdf
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Littleshop
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October 16, 2013, 11:43:10 PM
 #370

Well now there goes that rally!  This thread is the poison that usually stops it. 

So... you are saying that all US gubmint has to do to avoid USD collapse and losing of the "exorbitant privilege" is to post once a day in this thread?



No.  They only need to post every few months.  Maybe next in January.

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October 16, 2013, 11:49:48 PM
 #371

How many Bitcoins you will need to hold to be part of this new elite?


Only if we have more than about BTC70k at these prices, dear. so its still long way to go for weathy elite gentlemen  Huh

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October 16, 2013, 11:59:48 PM
 #372

http://www.youtube.com/watch?v=K2ku1A5Ox8U
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October 17, 2013, 01:06:00 AM
 #373


The world just isn't going to be the same and we have been blessed as the pioneers.


I haven't been blessed. It was through my foresight that I saw bitcoin for how valuable it was. No man helped me along, and many discouraged me.

yeah little to no support, no one, got my first 70btc at 10$... the only support i needed was max keiser and brotherjohnf both time to time talking about bitcoin very highly ...

im sure a TON of people who, even starting to buy right now for the first time, are still making the leap mostly by themselves...

transitioning to everyday life does anyone feel this way, as i do, about nearly everything that interests me and so on... hopefully not forever but its really heavy living the life of a lone wolf

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October 17, 2013, 02:06:45 AM
 #374

transitioning to everyday life does anyone feel this way, as i do, about nearly everything that interests me and so on... hopefully not forever but its really heavy living the life of a lone wolf

I hear that.
I'm getting old now. Imagine trying to find out about strange lone wolf kinds of things back before the Internet, before cable TV, before DVD and VHS. That was some work. Used book stores, used record stores, late night AM radio shows, sending money orders to PO boxes, reading foreign newspapers at the library, traveling to other cities to check out their book stores, record stores and libraries.
And on and on.

"The only real freedom you have is to figure things out for yourself"
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October 17, 2013, 08:07:41 AM
 #375

Thanks for reminding me that there are zero females in this community.

Society doesn't scale.
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October 17, 2013, 08:25:12 AM
 #376

Thanks for reminding me that there are zero females in this community.

and what for do you need females everywhere? Isn't it enough that we can buy them what they want?

Johnny Bitcoinseed
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October 17, 2013, 08:37:03 AM
 #377

Remember: this is not a done deal.

The best laid schemes of mice and men
Often go awry.

- John Steinbeck 1937


Wisdom of the ages.

That being said, it sure looks promising.

I recommend diversification.  Some gold and silver, some cash, no debt, have at least several weeks (and preferably several months) food and supplies on hand, and, when all else is in order, some Bitcoin.

Gold and Bitcoin cannot be eaten.  You may be able to buy food in exchange for them, but only if someone is willing to sell.

Sincerely I am, Johnny BitcoinSeed .com
bg002h
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October 18, 2013, 12:33:15 AM
 #378

How many Bitcoins you will need to hold to be part of this new elite?


Only if we have more than about BTC70k at these prices, dear. so its still long way to go for weathy elite gentlemen  Huh

You have to put things in context. Back then, things were changing really fast. I remember these coin things that I made with my laptop and I thought were worthless actually had a non-zero value...it was surprising.

Don't forget, early on, every body (not many) had more coins than they knew what to do with...because there was nothing to do with them...Gavin started giving them away in a recycling faucet...you request 5 BTC play with it...send it back when you're done...it was a trivial amount of bitcoin for the time...

Going from a value of 0 to not 0 was a huge "% increase". It seemed every month the price went up...then every week...then every day...the effect on one's brain of this process was truly remarkable to experience...it was (for me) unbelievable...but I believe it now...Bitcoin is here to stay.

Hardforks aren't that hard. It’s getting others to use them that's hard.
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illpoet
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October 18, 2013, 01:03:32 AM
 #379

we are still the new wealthy elite.

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havecoch
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October 18, 2013, 01:17:06 AM
 #380

we are still the new wealthy elite.

way to go !

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