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Author Topic: If you hold 1 BTC you are a pioneer  (Read 9102 times)
Rizky Aditya
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May 09, 2016, 09:21:45 PM
 #121

I definitely wouldn't consider someone that owns one bitcoin a pioneer. A pioneer would be someone who invested in bitcoin when it first came out.
torrentheaven
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May 09, 2016, 09:42:38 PM
 #122

I definitely wouldn't consider someone that owns one bitcoin a pioneer. A pioneer would be someone who invested in bitcoin when it first came out.

Yeah and 1 btc is not a huge amount to hold unless its value is in millions and that seems to be impossible, I think if you hold 50 btc or more then  surely you are an pioneer.
knowhow
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May 09, 2016, 10:25:53 PM
 #123

I definitely wouldn't consider someone that owns one bitcoin a pioneer. A pioneer would be someone who invested in bitcoin when it first came out.

Well i agree with the vision about being pioneers,should be the first members to hold and trade bitcoin not a rank system to qualify the ammount they hold ,and well holding just 1 btc is very easy ,soo i believe those ranks are for holders with atleast 20 bitcoins those are maybe pioneers.
by.Szun
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May 09, 2016, 10:34:43 PM
 #124

I.think that the biggest problem with Bitcoin is that its' amount is limited. That would probably be also the biggest obstacle for more massive use.

No.. that is the biggest feature.... It is the near perfect gold...
Not sure of that. Gold's finite quality isn't actually locked down. As conventional deposits are getting mined, more sources are being explored. However, we KNOW that there is a LOCKED limit for bitcoin. Gold's value is partially tied to the ease, or lack thereof, of obtaining it. If a new gold mine is discovered, the price would plummet. If a new sieve system is invented for harvesting from Alaskan waters, the price will reduce. If sanctions are imposed on gold producing nations, the price will increase.

In this way, Bitcoin is almost more robust than gold. However, it also means that there is an absolute endgame, wherein the trade of bitcoin is a zero-sum game. At that point, it will have a value determined by global consensus. A major controlling stake in the global supply would be needed to seriously change the perceived value relative to usable commodities/services.
betohell
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May 09, 2016, 10:47:01 PM
 #125

I definitely wouldn't consider someone that owns one bitcoin a pioneer. A pioneer would be someone who invested in bitcoin when it first came out.
probably the first person to use bitcoin as a user and bought more than 100 BTC or more.
maybe it could be pionerr. if the thought has 1 BTC is a pionner? then there is a lot of pioneers

Supercrypt
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May 10, 2016, 05:45:58 PM
 #126

I definitely wouldn't consider someone that owns one bitcoin a pioneer. A pioneer would be someone who invested in bitcoin when it first came out.
probably the first person to use bitcoin as a user and bought more than 100 BTC or more.
maybe it could be pionerr. if the thought has 1 BTC is a pionner? then there is a lot of pioneers
Well, considering that there can only be at most 21 million people who can hold 1BTC each, we can be considered pioneers. But the fact is that there can never be 21 million people that holds 1 bitcoin each because some large groups are holding on to large amounts of bitcoins.
chaosknight
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May 10, 2016, 09:23:13 PM
 #127

I definitely wouldn't consider someone that owns one bitcoin a pioneer. A pioneer would be someone who invested in bitcoin when it first came out.
probably the first person to use bitcoin as a user and bought more than 100 BTC or more.
maybe it could be pionerr. if the thought has 1 BTC is a pionner? then there is a lot of pioneers
Well, considering that there can only be at most 21 million people who can hold 1BTC each, we can be considered pioneers. But the fact is that there can never be 21 million people that holds 1 bitcoin each because some large groups are holding on to large amounts of bitcoins.

Yeah and I think majority of users on this forum would be holding less then 1 btc, there will be very few users who holds more and those are ones who are actively participating in trading.
ajun96
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May 10, 2016, 09:44:20 PM
 #128

It is hard to be sure about this completely but I believe even if you can hold around 5 bitcoins your children will have so much better life.
I have 5 BTC but my ordinary life not too rich and not too poor. I still find it difficult to shop for my money is still small ?
maybe if bitcoin prices rose more than $ 10k. certainly it will be a different story
holds 5 bitcoin maybe already have a comfortable life ?
SquallLeonhart
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May 10, 2016, 10:18:35 PM
 #129

It is hard to be sure about this completely but I believe even if you can hold around 5 bitcoins your children will have so much better life.
I have 5 BTC but my ordinary life not too rich and not too poor. I still find it difficult to shop for my money is still small ?
maybe if bitcoin prices rose more than $ 10k. certainly it will be a different story
holds 5 bitcoin maybe already have a comfortable life ?


I think you are already a rich guy, 5 btc is really good amount to hold at a moment, as I only have 0.8 with me now which I will sell when I see higher price.
mrhelpful
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May 10, 2016, 10:26:02 PM
 #130

I think you need a minimum of 50 btc to get somewhere.

Any value though, you need a certain more of a quantity basis then hoping for value increase.
pooya87
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May 11, 2016, 04:43:12 AM
 #131

how much bitcoin you are holding is just dependent on you and how much money you want to invest in bitcoin. if you have at least 1 bitcoin you can be considered a pioneer, or an early adopter who looks back to these days of cheap bitcoin and says i had bought bitcoin when it was cheap.

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Indrawan77
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May 11, 2016, 05:26:56 AM
 #132

I think its not quite like that, i think you need more than that to be called as an elite, its all depend on how they spend their bitcoin and how they contribute to bitcoin society
Cyaren
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May 11, 2016, 05:48:33 AM
 #133

If you hold 10 or more you are part of an elite.

This is my conclusion after the years I have been involved here. Absolutely no one in real life knows what the hell Bitcoin is, and even your most geeky friends may probably never heard about Bitcoin. Now if you take into account the people that has heard about it... what percentage own 1 BTC? Exactly.. you know almost no one.
And what percentage own 10 BTC? I personally know no one (people from this forum don't count obviously).

This simple observation shows you only need 1 BTC to be a pioneer on Bitcoin in 2016.

I totally agree with you. 1 BTC is quite a small amount of fiat at this time, but it's actually pretty hard to get if you decide to work for it.

10 BTC is even harder to get... As you mentioned, only a small part of the elite own more than 10 BTC.

I think bitcoin has a lot of potential. That's why i am involved in it.
Decoded
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May 11, 2016, 11:43:00 AM
 #134

Yes exactly, only 21 million people can have 1 Bitcoin.
And if some people have more then 1, even less people will be elite Wink

And this is also my goal just to have 1 bitcoin so my grandchildren will be rich as fuck Tongue


You don't know how right you are.

I was relatively late to the bitcoin game, but I managed to catch BTC on the rise to 1.2k. I made about 3 bitcoin from that. I knew a drop was imminent, so I backed off for a year. And here I am, 5 BTC in a cold wallet.

Another 5 are 7 feet under with my crashed hard drive.

looking for a signature campaign, dm me for that
Washika
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May 12, 2016, 07:11:32 PM
 #135

Yes exactly, only 21 million people can have 1 Bitcoin.
And if some people have more then 1, even less people will be elite Wink

And this is also my goal just to have 1 bitcoin so my grandchildren will be rich as fuck Tongue


You don't know how right you are.

I was relatively late to the bitcoin game, but I managed to catch BTC on the rise to 1.2k. I made about 3 bitcoin from that. I knew a drop was imminent, so I backed off for a year. And here I am, 5 BTC in a cold wallet.

Another 5 are 7 feet under with my crashed hard drive.

Do you mean you lost 5 bitcoin due to the problem in the hard driver?
JumperX
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May 12, 2016, 08:14:27 PM
 #136

I don't think 1 btc  will make you pioneer, if you want to be a pioneer then you need to hold more number of coins atleast say 100 btc.
Crazygreek
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May 12, 2016, 09:02:06 PM
 #137

I don't think 1 btc  will make you pioneer, if you want to be a pioneer then you need to hold more number of coins atleast say 100 btc.

100 btc it's not a pioneer, it's maybe a bitcoin pro or somebody else but it will not pioneer for sure Grin Pioneer with 40000$! LOL! Grin Grin Grin

Herbert2020
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May 13, 2016, 05:17:43 AM
 #138

yeah i agree, i think in this day and age everybody should hold at least 1 bitcoin. it is not really that expensive if you think about it. you are making an investment and when you think about the possible profit against the possible loss you will see that it is a profitable investment to make for long term investment.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
eddyubachs
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May 13, 2016, 01:39:45 PM
 #139

yeah i agree, i think in this day and age everybody should hold at least 1 bitcoin. it is not really that expensive if you think about it. you are making an investment and when you think about the possible profit against the possible loss you will see that it is a profitable investment to make for long term investment.

Yeah every investment needs time to grow, you cannot expect best returns in quick time, if you invest in bitcoin then you need to give it some time to earn best returns in future.
thejaytiesto (OP)
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May 13, 2016, 02:27:23 PM
 #140

Yes exactly, only 21 million people can have 1 Bitcoin.
And if some people have more then 1, even less people will be elite Wink

And this is also my goal just to have 1 bitcoin so my grandchildren will be rich as fuck Tongue

The goal to guarantee that you can enjoy big wealth yourself is to at least have 21 BTC, so don't settle for only 1, that's nothing. We are still in the early days so having BTC is doable if you keep working and buying and stay focused on buy and holding strategy.

Less than 1 million people will ever own 21 BTC, because a lot of BTC have been already lost, so you actually need around 18-19 BTC to be on this 1 million people only group, but having 21 BTC is just cool so I would aim for that.
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