millionaires of the world, be reminded...

[600watt]

dear milionaires,


the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

[1714807344]

1714807344

[1714807344]

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[1714807344]

1714807344

[mindrust]

Same as you, when I think about those, I can only imagine crazy high prices for the future. By crazy, I really mean it. 700 bucks would stay like a gum money if what i imagine becomes reality. (1 million dollars)

[odolvlobo]

There are only 1.3 million shares of Berkshire Hathaway stock. It is impossible for every millionaire own a share.

[serjent05]

I don't think it will be the end of the world for these millionaire if they fail to hold 1 Bitcoin.  There is always an alternative to trade if trading on one stock gone difficult because of its price.  But well I agree that bitcoin will certainly boom in price but i wonder what it is to the millionaires of the world .

[buwaytress]

Watch out if the 1 per cent decide to only use an altcoin or combination of and force merchants to only accept that for rewards.

They will never be worried. If they give btc no value then it has no value to them.

[dothebeats]

Even if stocks or wall street crashes, these millionaires would still find a way to create money out of thin air and effortlessly. Although some might fall extremely hard due to the crash, still there would be lots of millionaires holding on and making money, just like what they usually do. Lastly, the impending economic crash doesn't guarantee a win situation for bitcoin IMHO.

[Cashew]

I think there is more than 16 millions millionaire. That's even sure. Just in Europe there is probably more than that.

[Nahl]

i don't know this is related or not i have been heard similar such as this before but i was forgot the name of this person and he mentioned us to own at least 1 btc and he said that for those who have 1 bitcoin maybe in the future we will became an millionaires because holding 1 btc per person but i don't think would so easy and slightly impossible that 1 bitcoin will makes people so rich

[chesatochi]

I think there is more than 16 millions millionaire. That's even sure. Just in Europe there is probably more than that.

I made a search on google to see how many millionaire on Europe and I found the following information on Wikipedia. You could verified the information by yourself at the following link.

https://en.wikipedia.org/wiki/Millionaire

High Net Worth Individuals.
Europe 3.41 million $10.9 trillion

I hope on my lifetime to be able to reach that status

[piloder]

dear milionaires,


the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

So really there are 16 million millionaires in this world?
If so than it seems not everyone gonna get 1 bitcoin, and also one millionaire gonna buy more than 1 bitcoin or even 1000 bitcoin for sure as they can afford it.

It seems total millionaire are around 14.6 million as of 2015 report http://www.cnbc.com/2015/06/24/how-many-millionaires-in-the-world-it-depends.html

[xuan87]

It will be interesting when 21 miilions of bitcoin finished being mined, at that time we will see a super high price of bitcoin, i think when the millionaire decided to play in bitcoin there wont be enough bitcoin for us, and we will see another crypto currency being used, so i think in the future if really all of the people join to bitcoin world and the supply is not enough they will find another alt coins to invest

[davis196]

dear milionaires,


the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

I don`t think that millionaires read bitcointalk,or will ever read your post.

The economic crysis is here,it isn`t coming.

Strange thing is that during economic crysis the number of millionaires actually grows.

[MONKEYJUNK]

dear milionaires,


the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

I don`t think that millionaires read bitcointalk,or will ever read your post.

The economic crysis is here,it isn`t coming.

Strange thing is that during economic crysis the number of millionaires actually grows.

I think the same that you, I don't think millionaires come here...

Or they are already in others projects or they are enjoying life, maybe we will find 0,001% that will invest in cryptos and that's all.

How many people becomes millionaire with bitcoin/cryptos?

[tee-rex]

Even if stocks or wall street crashes, these millionaires would still find a way to create money out of thin air and effortlessly. Although some might fall extremely hard due to the crash, still there would be lots of millionaires holding on and making money, just like what they usually do. Lastly, the impending economic crash doesn't guarantee a win situation for bitcoin IMHO.

It would largely depend on the scale of the crisis. If it should be mild, conditionally hard currencies and assets such as American dollar and gold may certainly get a boost. Bitcoin would be somewhere in between these two. If it will be more severe, all monies including Bitcoin will burn and only gold will reign, with silver as change.

[600watt]

dear milionaires,


the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

So really there are 16 million millionaires in this world?
If so than it seems not everyone gonna get 1 bitcoin, and also one millionaire gonna buy more than 1 bitcoin or even 1000 bitcoin for sure as they can afford it.

It seems total millionaire are around 14.6 million as of 2015 report http://www.cnbc.com/2015/06/24/how-many-millionaires-in-the-world-it-depends.html

credit suisse counts 33 million millionaires for 2015:

http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=C26E3824-E868-56E0-CCA04D4BB9B9ADD5

(page 106)

 if that is true, not even theoretical possible for each of those to own one btc.

[clickerz]

It will be interesting when 21 miilions of bitcoin finished being mined, at that time we will see a super high price of bitcoin, i think when the millionaire decided to play in bitcoin there wont be enough bitcoin for us, and we will see another crypto currency being used, so i think in the future if really all of the people join to bitcoin world and the supply is not enough they will find another alt coins to invest

All millionaires i the world decided to own at least 1 BTC, I agree it will drive the bitcoin price value to all time high. Its advantage to those who aere pioneer and to those who are starting to hold. The bright future lies ahead.

[Lucius]

You do not need to worry about millionaires,they have money they can not spend the whole life.Probably these people not care too much for BTC these days,maybe if price is x000$ it would attract their attention.But then many holders will sell their coins and millionaries would have bought them if they estimate that they can earn with such investment.

There will always be those who will want to buy and those who will want to sell,and if we assume that BTC in the future will be worth a lot more than today, then the millionaires will be the ones who will be able to buy, regardless of price.

[talkbitcoin]

There are only 1.3 million shares of Berkshire Hathaway stock. It is impossible for every millionaire own a share.

lol i had to google it, and i have no idea why you mentioned it here.
and i gotta say that is in US and nobody else cares about, whereas bitcoin can be bought, used, and held from literary any place in the world and no one can stop you from doing it.

[arseaboy]

It don't really matter for me at all since I'm not a millionaire.. yet. What matters is as long as I'm earning my bitcoins that would be fine for me.. even if I'm going to be a millionaire I will find an alternative way to eran money other than bitcoin.

[Shiroslullaby]

You don't have to be a millionaire,
anyone who has the ability to earn $750, even if it takes you weeks or months,
would be wise to invest in at least one Bitcoin.
Even if you have to save money by not going out as much, cooking meals at home instead of eating fast food, etc,
owning a little bit of digital currency is a wise investment.