pereira4
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June 28, 2016, 02:30:44 PM Last edit: June 28, 2016, 02:54:52 PM by pereira4 |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. 1 BTC is not considered pioneer now, but for a person in 2035 it will be considered a pioneer. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fesotera.eu%2Fwp-content%2Fuploads%2F2015%2F08%2Fbtc-supply.png&t=665&c=6Bbt-PlHKTyLNw) So as you can see here, by 2035 the mining reward will be so low that 1 BTC will be considered a big amount. This can only mean one thing: Big purchasing power. It's so simple and so clear that it's all about buying and holding long term to get rich, but some people are in denial yet and can't believe the fact that BTC will be worth millions of dollars in the future.
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Corenin
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June 28, 2016, 02:36:37 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. 1 BTC is not considered pioneer now, but for a person in 2035 it will be considered a pioneer. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.mattwhitlock.com%2FBitcoin%2520Inflation%2520logarithmic.png%26t%3D565%26c%3D_ZbU8G9NS7OZhw&t=665&c=du32j173-06khQ) So as you can see here, by 2035 the mining reward will be so low that 1 BTC will be considered a big amount. This can only mean one thing: Big purchasing power. It's so simple and so clear that it's all about buying and holding long term to get rich, but some people are in denial yet and can't believe the fact that BTC will be worth millions of dollars in the future. I don't think that I will be alive by the year 2035 so I will not waste my time in thinking that long, I will prefer to keep on playing with it in short term and keep on earning profits.
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pereira4
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June 28, 2016, 02:48:19 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. 1 BTC is not considered pioneer now, but for a person in 2035 it will be considered a pioneer. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fwww.mattwhitlock.com%2FBitcoin%2520Inflation%2520logarithmic.png%26t%3D565%26c%3D_ZbU8G9NS7OZhw&t=665&c=du32j173-06khQ) So as you can see here, by 2035 the mining reward will be so low that 1 BTC will be considered a big amount. This can only mean one thing: Big purchasing power. It's so simple and so clear that it's all about buying and holding long term to get rich, but some people are in denial yet and can't believe the fact that BTC will be worth millions of dollars in the future. I don't think that I will be alive by the year 2035 so I will not waste my time in thinking that long, I will prefer to keep on playing with it in short term and keep on earning profits. Short term profits are just luck. One day you might try to short but the price will keep going up, and you will wake up at 1000+ but you sold at 700 thinking it was a great trade.
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useless4
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June 28, 2016, 02:55:27 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. well it depends on how much money you have and how much money you make out of your job, in my opinion its not that small of a sum because bitcoin price is going to be huge in the future i think its a really good thing to hold 1 bitcoin because in this way person who is holding will be able to make profit, also he is a bitcoins pioneer then as not a lot of people will have that much coins in the future
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Jmild1
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June 28, 2016, 03:18:08 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. We're still on the early stage of bitcoin, so I think holding 1 bitcoin will already make you a pioneer after 20-30 years of holding. As I think the bitcoin might be used worldwide, I dont exactly know how but I believe it will happen.
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crairezx20
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June 28, 2016, 04:37:48 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. We're still on the early stage of bitcoin, so I think holding 1 bitcoin will already make you a pioneer after 20-30 years of holding. As I think the bitcoin might be used worldwide, I dont exactly know how but I believe it will happen. Well don't you think bitcoin will more high value in the future.. its impossible for me that after 20-30 years we will see that the price of bitcoin will times 10 its impossible to think that even we are all using bitcoin.. and bitcoin price is always relaying in demand and supply not how much bitcoin live in crypto currency..
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richardsNY
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June 28, 2016, 04:42:38 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. We're still on the early stage of bitcoin, so I think holding 1 bitcoin will already make you a pioneer after 20-30 years of holding. As I think the bitcoin might be used worldwide, I dont exactly know how but I believe it will happen. It depends on what price you think some one can be a pioneer. I can't really see the price go much higher than $10,000 at some point in the far future. I think when you have 10 BTC that you are much more likely to be a pioneer.
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eddyubachs
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June 28, 2016, 04:47:21 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. We're still on the early stage of bitcoin, so I think holding 1 bitcoin will already make you a pioneer after 20-30 years of holding. As I think the bitcoin might be used worldwide, I dont exactly know how but I believe it will happen. It depends on what price you think some one can be a pioneer. I can't really see the price go much higher than $10,000 at some point in the far future. I think when you have 10 BTC that you are much more likely to be a pioneer. Yeah 10 btc is really good amount to hold for the future, and that should be our primary goal to hold that amount of coins, and if we hold more then it will be a bonus.
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ASHLIUSZ
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June 28, 2016, 06:00:32 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. We're still on the early stage of bitcoin, so I think holding 1 bitcoin will already make you a pioneer after 20-30 years of holding. As I think the bitcoin might be used worldwide, I dont exactly know how but I believe it will happen. It depends on what price you think some one can be a pioneer. I can't really see the price go much higher than $10,000 at some point in the far future. I think when you have 10 BTC that you are much more likely to be a pioneer. To me if I hold 3btc in future I think myself as a pioneer in bitcoin, that too is difficult to earn in few days, it takes long days to reach this goal.
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tampazeus
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June 28, 2016, 07:36:34 PM |
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Well its nice to hold more than 1 btc now. I think all who holds bitcoin should be called pioneer not just the ones holding more than 1 BTC. I think everyone is a pioneer because they hold bitcoin even if the future is unpredictable.
you're right, maybe this time good enough to hold one bitcoin, even if you are a pioneer, but it was just a designation, you can make a profit any time with 1 BTC, even with hold 1 btc is not a big amount to hold now, so I think we should make more efforts to collect maximum coins now and in future we can surely become an pioneer. We're still on the early stage of bitcoin, so I think holding 1 bitcoin will already make you a pioneer after 20-30 years of holding. As I think the bitcoin might be used worldwide, I dont exactly know how but I believe it will happen. It depends on what price you think some one can be a pioneer. I can't really see the price go much higher than $10,000 at some point in the far future. I think when you have 10 BTC that you are much more likely to be a pioneer. To me if I hold 3btc in future I think myself as a pioneer in bitcoin, that too is difficult to earn in few days, it takes long days to reach this goal. Yes earning bitcoin is not easy at all, you really need to work hard on it, but its not impossible to earn it, and if your full time job doesn't allow to spare time for bitcoin then you should simply buy it.
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groll
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June 29, 2016, 01:13:48 AM |
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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.
It does not necessarily mean that if you have a large stocks of bitcoin then you are already a pioneer. Others just have more cash to begin with but there is also partial truth in what you said since not all who have cash purchase large bitcoins some earn it overtime. But let us also consider those who own bitcoins in very huge volume and hire people to operate them.
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Zooplus
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June 29, 2016, 07:50:52 AM |
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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.
It does not necessarily mean that if you have a large stocks of bitcoin then you are already a pioneer. Others just have more cash to begin with but there is also partial truth in what you said since not all who have cash purchase large bitcoins some earn it overtime. But let us also consider those who own bitcoins in very huge volume and hire people to operate them. Only the long time holders will be a winner in the end, regardless of your amount in holdings does not quality you as a pioneer as pioneer for me would mean those people who adopted early with bitcoins and becomes filthy rich already.
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LoyceV
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June 29, 2016, 08:02:56 AM |
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Although I like the statement that we're all pioneers, you can only know that for sure when much more people use it. With blockchain being full without space for more transactions that won't happen though, the netwerk simply can't handle it.
What do you mean by this? that the block chain size is growing substantially and it will eventually become to large? I can see this happening, as time goes on, the blockchain grows exponentially. Its already around ~80Gb. Factor increased transactions, increased usage, its not unfeasible to see this number grow into the terabytes in a few years. The total blockchain size doesn't matter, but the blocks are full. It's not possible for (say) 10 times more users to make 10 times more transactions, unless blocks grow in size from 1 to 10 megabyte each.
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Washika
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June 30, 2016, 06:55:21 AM |
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Although I like the statement that we're all pioneers, you can only know that for sure when much more people use it. With blockchain being full without space for more transactions that won't happen though, the netwerk simply can't handle it.
What do you mean by this? that the block chain size is growing substantially and it will eventually become to large? I can see this happening, as time goes on, the blockchain grows exponentially. Its already around ~80Gb. Factor increased transactions, increased usage, its not unfeasible to see this number grow into the terabytes in a few years. The total blockchain size doesn't matter, but the blocks are full. It's not possible for (say) 10 times more users to make 10 times more transactions, unless blocks grow in size from 1 to 10 megabyte each. The block size is almost full now. We need the block size capacity to double every year if the number of users also double.
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Dudeperfect
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September 14, 2016, 01:07:55 PM |
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That’s really a cool statement. Well although no one can predict accurate future, it feels really great to ride in a boat which is going on a long journey. Bitcoin price will keep fluctuating for a long time, probably a decade but it will keep increasing because the law of demand and supply. I seriously think if we really care about bitcoin then we should also spend our bitcoins instead of just acquiring because movement is the key to growth.
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