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Ron~Popeil
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June 10, 2014, 02:30:28 AM |
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Great, this is a good step towards even better community
And toward a better world. The geeks shall inherit the earth.  |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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jiguqtmay511632
Member
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Activity: 105
Merit: 10
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June 10, 2014, 02:44:17 AM |
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Looks interesting and i have voted.
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snowdropfore
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June 11, 2014, 01:45:20 AM |
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just want to mark !!, hope we all can get rich after 2 years. 2 yearl later when bitcoin is 100000 per B ,i will be back..
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Bit_Happy
Legendary
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Activity: 2100
Merit: 1040
A Great Time to Start Something!
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June 11, 2014, 02:17:20 AM |
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just want to mark !!, hope we all can get rich after 2 years. 2 yearl later when bitcoin is 100000 per B ,i will be back..
Real value/wealth will come from gains in BTC/Gold, since $1,000,000/BTC will not matter if the Dollar is totally toilet paper. |
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Arriemoller
Legendary
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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June 11, 2014, 09:19:06 AM |
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just want to mark !!, hope we all can get rich after 2 years. 2 yearl later when bitcoin is 100000 per B ,i will be back..
Real value/wealth will come from gains in BTC/Gold, since $1,000,000/BTC will not matter if the Dollar is totally toilet paper.Or, you could use another currency for exchange, like the Zimbabweans did. There are other countries than the US you know. |
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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boumalo
Legendary
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Activity: 1890
Merit: 1018
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June 11, 2014, 12:51:00 PM |
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just want to mark !!, hope we all can get rich after 2 years. 2 yearl later when bitcoin is 100000 per B ,i will be back..
Real value/wealth will come from gains in BTC/Gold, since $1,000,000/BTC will not matter if the Dollar is totally toilet paper.At least you would have preserved your purchasing power by getting Gold/BTC but you can bet you would have make a profit in real terms as well |
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Tiger78601
Newbie
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Activity: 16
Merit: 0
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June 11, 2014, 01:23:58 PM |
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I am pretty certain if I would have read this post like 3 years ago I would be in my own Yacht & would have own my Island by own!
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boumalo
Legendary
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Activity: 1890
Merit: 1018
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June 11, 2014, 03:17:44 PM |
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I am pretty certain if I would have read this post like 3 years ago I would be in my own Yacht & would have own my Island by own!
How many BTC do you have?  |
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salmondance
Newbie
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Activity: 40
Merit: 0
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June 11, 2014, 05:06:27 PM |
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Wealthy elite? huh  there is a long long way to being a wealthy elite and im not even in the middle of it. |
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Beliathon
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June 11, 2014, 05:44:24 PM |
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just want to mark !!, hope we all can get rich after 2 years. 2 yearl later when bitcoin is 100000 per B ,i will be back..
Real value/wealth will come from gains in BTC/Gold, since $1,000,000/BTC will not matter if the Dollar is totally toilet paper.At least you would have preserved your purchasing power by getting Gold/BTC but you can bet you would have make a profit in real terms as well QFT, however... I would argue that gold as a preservation of purchasing power has now become a rather dubious proposition at best. Bitcoin will reduce the value of gold to its ACTUAL USE VALUE. Bitcoin is both digital cash AND digital gold, at the same time. It is cheaper and more secure to store than gold. Highly divisible. Any amount can be shipped to anywhere in the world, instantly, virtually for free. Money is everything in our society. Bitcoin fundamentally restructures money. This changes absolutely everything. The consequences for our world will be tremendously, unimaginably far-reaching. This is a revolution. Compare the exchange fees of Coinbase and Paypal and you will see what I mean. It's like comparing Blockbuster to Netflix - the former has no chance to compete in an open market - none. |
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ljudotina
Legendary
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Activity: 1260
Merit: 1029
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June 11, 2014, 05:51:44 PM |
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Only thing we should compare BTC to is something we all need and can not do without. Like food or water or something like that. How much, for example, bread can you buy with 1 BTC. Everything else, dollars, euros, gold, silver mean nothing and change all the time.
I know that it's higly inpractical to compare BTC to bread or milk, but if it could be done in some easy way, it would be information that we all need: "how much is BTC really worth in certain point of time".
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boumalo
Legendary
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Activity: 1890
Merit: 1018
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June 11, 2014, 05:55:37 PM |
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Wealthy elite? huh there is a long long way to being a wealthy elite and im not even in the middle of it. Get started now It only takes a decade or two to change from financial despair to financially confortable |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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June 11, 2014, 05:59:01 PM |
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I am pretty certain if I would have read this post like 3 years ago I would be in my own Yacht & would have own my Island by own!
So make sure you take action now, or you're going to fess up the same thing in 3 years. |
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BittBurger
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June 11, 2014, 06:04:17 PM |
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Yep. $600 is a joke compared to whats coming in the next 5 years.
-B-
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JayJuanGee
Legendary
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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June 11, 2014, 07:01:03 PM |
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just want to mark !!, hope we all can get rich after 2 years. 2 yearl later when bitcoin is 100000 per B ,i will be back..
Real value/wealth will come from gains in BTC/Gold, since $1,000,000/BTC will not matter if the Dollar is totally toilet paper.Or, you could use another currency for exchange, like the Zimbabweans did. There are other countries than the US you know. Yes there are other countries and other currencies besides the US of A, but the point is that the US dollar is and has been the international reserve currency for several decades, and that is why the US dollar was mentioned in the earlier posts as the comparison point, rather than some other currency. I believe that the other point that is being batted around here in these series of recent posts is that if BTC holds value over time and it is truly deflationary over time, then BTC is going to need some tangible measuring points besides being compared with inflationary fiat currencies. As others have inferred, using a basket of goods and services may be a better measure of value over time - though in the immediate future, it seems that we are going to continue to make comparisons to various fiat - even while those various fiat currencies are losing their value at a very rapid rate that is difficult to measure... but may likely become more apparent when it comes to play out that the $80 billion printed every month for years and years is coming home to roost... and when banks stop sitting on those dollars that are piling up in their warehouses. |
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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ps2604
Newbie
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Activity: 1
Merit: 0
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June 11, 2014, 10:41:17 PM |
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Can't believe I read through the whole thread but it was quite entertaining and informative, I currently only have 0.02 Bitcoin but I'm looking to dump whatever I have right now into buying as much Bitcoin as possible (only a student at the moment so it won't amount for very much  ). I regret not looking into Bitcoin when I heard murmurs about it a couple of years back but oh well, I believe we're still heading full speed ahead and its better late than never! - from one future wealthy elite to another |
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ljudotina
Legendary
Offline
Activity: 1260
Merit: 1029
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June 11, 2014, 10:48:38 PM |
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Question....how much one would need to have (in BTC) now, to be considered wealthy men in future....2-3 years from now? Would 1 BTC be enough for reasonable comfy life? Or maybe 10? Or less?
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jonald_fyookball
Legendary
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Activity: 1302
Merit: 1004
Core dev leaves me neg feedback #abuse #political
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June 11, 2014, 10:51:44 PM |
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Question....how much one would need to have (in BTC) now, to be considered wealthy men in future....2-3 years from now? Would 1 BTC be enough for reasonable comfy life? Or maybe 10? Or less?
Answer.... Depends how high Bitcoin goes obviously...which is speculation. |
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Bit_Happy
Legendary
Offline
Activity: 2100
Merit: 1040
A Great Time to Start Something!
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June 11, 2014, 11:04:06 PM |
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Question....how much one would need to have (in BTC) now, to be considered wealthy men in future....2-3 years from now? Would 1 BTC be enough for reasonable comfy life? Or maybe 10? Or less?
You need at least 10 BTC to be invited on Satoshi's spaceship when he returns. |
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jmintuck
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June 11, 2014, 11:11:57 PM |
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Can't believe I read through the whole thread but it was quite entertaining and informative, I currently only have 0.02 Bitcoin but I'm looking to dump whatever I have right now into buying as much Bitcoin as possible (only a student at the moment so it won't amount for very much ). I regret not looking into Bitcoin when I heard murmurs about it a couple of years back but oh well, I believe we're still heading full speed ahead and its better late than never! - from one future wealthy elite to another I also regret not looking into bitcoin when it was but a murmur. If I did, I don't know what would have happened to me by now. |
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