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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 631913 times)
Erdogan
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November 01, 2014, 05:41:48 AM
 #2061

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley

Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?



I suppose you mean there are two kinds of people, those who are meant to be rich, and those who are meant to produce the riches for them, and you are happy to be in the last mentioned group.

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November 01, 2014, 10:11:18 AM
 #2062

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley


Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?




I know several of the cons about being NOT rich... for example having to work and having to pay bills and having to spend a lot of time engaged in trivial tasks that I would prefer to contract out.... and NOT having as much time or money to engage in some activities that I would prefer.





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
pitham1
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November 01, 2014, 10:40:33 AM
 #2063


Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?


The cons of being rich?
Nope, that is a new concept for me.  Grin

wachtwoord
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November 01, 2014, 10:43:17 AM
 #2064

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley


Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?



Give me all the cons please. The cons are just bullshit that stupid people face who don't know how to handle the money.

yraskk
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November 01, 2014, 12:15:42 PM
 #2065

In which way is possible that this men is "anonymous" and we can not know nothing about his profile and his identity? Bitcointalk.org allow to register like anonymous?

LFC_Bitcoin
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November 01, 2014, 12:28:56 PM
 #2066

The only negatives to being rich are people from your past come begging & you just tell them to **** off.

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fabiola!
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November 01, 2014, 01:34:53 PM
 #2067

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley

Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?



I suppose you mean there are two kinds of people, those who are meant to be rich, and those who are meant to produce the riches for them, and you are happy to be in the last mentioned group.



It's not as black and white as that is it? Plenty of people in the middle I think.

chopstick
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November 01, 2014, 01:38:19 PM
 #2068

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley

Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?



I don't care for being super rich. I don't want to have a mansion or maids or anything stupid like that. I just want to have enough to be able to live comfortably and do cool things like travel the world and see exotic places. It would be nice to be able to take an extended vacation. Most people in america cannot afford such luxuries.
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November 01, 2014, 01:42:24 PM
 #2069

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley


Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?




I know several of the cons about being NOT rich... for example having to work and having to pay bills and having to spend a lot of time engaged in trivial tasks that I would prefer to contract out.... and NOT having as much time or money to engage in some activities that I would prefer.


Yes in an ideal world there's no money worries and we all do whatever we want with our time. But I meant there's a difference between being rich and being comfortable. Comfortable is an acceptable wish, having not many worries, and a bit of fun here and there, a bit of travelling maybe, enough to treat yourself to something you like, etc, but RICH is a bit greedy, anyone who dreams and wishes for more than a couple of million is a PR!ck in my opinion, if you ask people everyone wants to win the lottery like 20 million, 50 million, what For?Huh

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November 01, 2014, 01:47:04 PM
 #2070


Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?


The cons of being rich?
Nope, that is a new concept for me.  Grin

The richer you are the more you have to worry about losing it all, it takes a lot more time to keep an eye on things, if you can't do it all you're gonna have to trust people and worry they're not stealing from you behind your back, also being rich sadly attracts people who only like you for that, it's difficult to tell who actually likes you and who are your real friends. Enough cons? Of course being poor is horrible, but there's a middle ground in between, who are probably the happiest people in this planet, why not wish for that?
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November 01, 2014, 01:51:55 PM
 #2071

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley

Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?



I don't care for being super rich. I don't want to have a mansion or maids or anything stupid like that. I just want to have enough to be able to live comfortably and do cool things like travel the world and see exotic places. It would be nice to be able to take an extended vacation. Most people in america cannot afford such luxuries.

Totally agree with you, that's a good wish to have. It's just when people on here talk about being a billionaire elite it really bothers me, it's a stupid wish to have, that much money would bring a lot of problems and worries, and kill any chance of real happiness and peace of mind imho.

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November 01, 2014, 02:44:16 PM
 #2072

Why do you label yourself as wealthy?

Yeah, in what way are we wealthy?
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November 01, 2014, 08:26:07 PM
 #2073

Yeah, in what way are we wealthy?

Well, there can only ever be a maximum of 21,000,000 "whole bitcoins" that will ever exist.

Current population of the planet is said to be about 7,250,000,000 people.

So each human's "fair share" of bitcoin on the planet, oversimplified of course but otherwise all other things being equal -- should be about 0.00289655 Wink

This happens to equal current purchasing power in American $ fiat currency, of a little less than a $1 buck, at the moment Wink

As to what it'll equal in the future, that's anyone's guess.

But for anyone here who owns more than this, their tiny "fair share"...?

Or even, hopefully for most of us "early adopter" folks here, IF you happen own at least a WHOLE bitcoin, or maybe TWO, or MORE...Huh

Wheee... we're "wealthy elite!"  Grin

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November 01, 2014, 08:31:08 PM
 #2074

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley

Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?



I read this post on reddit a while back. Saved it to my bookmarks.

http://www.reddit.com/r/Bitcoin/comments/1bhhjg/any_bitcoin_millionaires_here_on_reddit_if_so/
JayJuanGee
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November 02, 2014, 01:06:25 AM
 #2075

In which way is possible that this men is "anonymous" and we can not know nothing about his profile and his identity? Bitcointalk.org allow to register like anonymous?


The OP is named "Anonymous" b/c apparently he was later banned from the forum.  He was NOT anonymous at the time that he originally made the OP.

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
JayJuanGee
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November 02, 2014, 01:25:09 AM
 #2076

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley


Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?




I know several of the cons about being NOT rich... for example having to work and having to pay bills and having to spend a lot of time engaged in trivial tasks that I would prefer to contract out.... and NOT having as much time or money to engage in some activities that I would prefer.


Yes in an ideal world there's no money worries and we all do whatever we want with our time. But I meant there's a difference between being rich and being comfortable. Comfortable is an acceptable wish, having not many worries, and a bit of fun here and there, a bit of travelling maybe, enough to treat yourself to something you like, etc, but RICH is a bit greedy, anyone who dreams and wishes for more than a couple of million is a PR!ck in my opinion, if you ask people everyone wants to win the lottery like 20 million, 50 million, what For?Huh





Sounds as if you are lumping too many situations together and being overly judgmental about the desires of some people.

 Every person's level of comfort will be different.  Surely with about $1million or $2million, you can generate a fairly decent passive income from that ($3k to $6k per month); however, with $5million to $10 million the passive income will be even greater ($15k to $30k per month).   Some of us could be completely happy with a passive income of $3k per month; however, I would be more content with around $6k to $10k per month - and surely, I would likely be even more content with a bit more than $10k per month. 

Some would call $10k per month rich and some would NOT, and some would call $3k per month rich - especially if gotten from passive income.

$20 million to $50million would generate about $60k to $150k of income per month, and I agree that would be much more than what a lot of people would need to be happy - however, if a person had that kind of money, I am fairly certain that s/he would be able to figure out ways to spend it in order to strive towards increasing happiness... It is also possible that in the end, the person will NOT be any more happy with $50 million than s/he would have been with $5million... in other words, there may be a point of diminishing returns, yet that point of diminishing returns is likely going to differ from person to person.


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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November 02, 2014, 01:43:24 AM
 #2077

I'm not feeling wealthy or elite.
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November 02, 2014, 02:13:48 AM
 #2078

I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  Wink

If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time.

These things tend to happen gradually. It will not take 10 years.

2-3 years TOPS, probably more like 1 year.

I think that is a reasonable amount of time to wait to be rich Smiley

Also gives you time to stock up on as many BTC as possible Smiley


Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich?




I know several of the cons about being NOT rich... for example having to work and having to pay bills and having to spend a lot of time engaged in trivial tasks that I would prefer to contract out.... and NOT having as much time or money to engage in some activities that I would prefer.


Yes in an ideal world there's no money worries and we all do whatever we want with our time. But I meant there's a difference between being rich and being comfortable. Comfortable is an acceptable wish, having not many worries, and a bit of fun here and there, a bit of travelling maybe, enough to treat yourself to something you like, etc, but RICH is a bit greedy, anyone who dreams and wishes for more than a couple of million is a PR!ck in my opinion, if you ask people everyone wants to win the lottery like 20 million, 50 million, what For?Huh





Sounds as if you are lumping too many situations together and being overly judgmental about the desires of some people.

 Every person's level of comfort will be different.  Surely with about $1million or $2million, you can generate a fairly decent passive income from that ($3k to $6k per month); however, with $5million to $10 million the passive income will be even greater ($15k to $30k per month).   Some of us could be completely happy with a passive income of $3k per month; however, I would be more content with around $6k to $10k per month - and surely, I would likely be even more content with a bit more than $10k per month. 

Some would call $10k per month rich and some would NOT, and some would call $3k per month rich - especially if gotten from passive income.

$20 million to $50million would generate about $60k to $150k of income per month, and I agree that would be much more than what a lot of people would need to be happy - however, if a person had that kind of money, I am fairly certain that s/he would be able to figure out ways to spend it in order to strive towards increasing happiness... It is also possible that in the end, the person will NOT be any more happy with $50 million than s/he would have been with $5million... in other words, there may be a point of diminishing returns, yet that point of diminishing returns is likely going to differ from person to person.



Nah I wasn't being judgemental at all. I meant that after having the basics and a bit more for a few extras, everyone should be happy enough. Of course a few more extras would be nice. But I think there's a tipping point where too many extras could actually work against you. That's all I was saying.

But you guys still haven't answered my question..if you want to be rich, What's your main motive? (Apart from being able to have more fun and work less)
Are you trying to impress girls? Impress colleagues? Family members? Get confirmation you're not bad at business? Which one is it?? Is it something else??


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November 02, 2014, 03:17:28 AM
 #2079

Nah I wasn't being judgemental at all. I meant that after having the basics and a bit more for a few extras, everyone should be happy enough. Of course a few more extras would be nice. But I think there's a tipping point where too many extras could actually work against you. That's all I was saying.

But you guys still haven't answered my question..if you want to be rich, What's your main motive? (Apart from being able to have more fun and work less)
Are you trying to impress girls? Impress colleagues? Family members? Get confirmation you're not bad at business? Which one is it?? Is it something else??


I make around $60K a year and I consider myself rich; I have everything that I need, I can travel, buy stuff that I like, live in a nice house in a neighbourhood I'm in love with, save a decent amount and even waste money from time to time (especially when I'm drunk, and start buying drinks, which lead to expensive champagne...).

I'm a real advocate of the fact that money doesn't buy happiness, especially after a certain amount. Once you are comfortable, happiness comes from inside. Most people today, in this money-driven society, believe that happiness can be achieved with material things solely; the vast majority of these people will never feel they have enough.

It's not my wish to be super rich, but I'm not stupid either; I own a couple of bitcoins and I constantly work on developing skills for my career, which bring more income every year. I just think of money as one more thing. Happiness consists of multiple factors, and money is just one of them. Nothing more than that.




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November 02, 2014, 04:38:28 AM
 #2080

I'm not feeling wealthy or elite.
Oh you will... Just wait. In a decade or two you may be a millionaire.
Or maybe an altcoin will overtake Bitcoin. We just have to wait.
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