hodl_2015
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Activity: 371
Merit: 57
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May 24, 2019, 03:46:46 PM |
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Starlink revenue is estimated at $30 billion / year.
I don't believe it. Apparently, it is 3% of global telecommunications revenue, which does not sounds unreasonable to me. |
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Biodom
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Activity: 3738
Merit: 3843
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May 24, 2019, 04:02:22 PM |
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Ah, it's a number that I got in a calculation (for a projected scenario), not a coin that I may or may not have.
TL;DR: too high a price of bitcoin (in the multiple millions) will result in a drastic increase in global millionaire numbers (if hodlers do not sell en masse), which is unlikely, therefore the price in the multiple millions is unlikely.
My calculated upper bound price of btc that does not affect the total number of millionaires too much is about $1mil/btc.
I don't see multi-million BTC as implausible in 2030-2050 and certainly not beyond. Perhaps, but I was only talking (effectively) about the next 5-10 years, which is a time period where i have the most interest. |
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fillippone
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Activity: 2142
Merit: 15384
Fully fledged Merit Cycler - Golden Feather 22-23
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May 24, 2019, 04:08:48 PM |
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@fillippone checked your " Ranking up is possible" thread. Pretty impressive bro. I was under impression that you were very old user of this forum  Are you referring to my thread Ranking up is Possible! My top 10 Hints! (self promotion here) Yes, i am putting some effort on the forum since a few months. I firstly discovered it's quite effective way to learn new things about BTC, then i discovered it is also fun (WO played huge role here), in a different way than @permabulls chat on Telegram. And yes, I am quite new to the forum, but not for Bitcoin, I discovered a few years earlier (without investing accordingly, sadly). |
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Phil_S
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Activity: 2090
Merit: 1461
We choose to go to the moon
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May 24, 2019, 04:10:39 PM |
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Starlink revenue is estimated at $30 billion / year.
I don't believe it. Apparently, it is 3% of global telecommunications revenue, which does not sounds unreasonable to me. Existing telecommunication corporations are not going to just give them the share of the market, even 1% or it, just because the launched a few satellites. They all have their own satellites, and plenty of them. And revenue is not profit, btw. |
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LFC_Bitcoin
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Activity: 3514
Merit: 9483
#1 VIP Crypto Casino
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May 24, 2019, 04:11:50 PM |
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$8,173
Early weekend POMP
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gentlemand
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Activity: 2590
Merit: 3008
Welt Am Draht
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May 24, 2019, 04:12:15 PM |
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Existing telecommunication corporations are not going to just give them the share of the market, even 1% or it, just because the launched a few satellites. They all have their own satellites, and plenty of them.
And revenue is not profit, btw.
It's creating a market that didn't exist before. |
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Biodom
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Activity: 3738
Merit: 3843
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May 24, 2019, 04:13:09 PM |
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Wow, hidden in the news is a fact that facebook has an access to a "time machine" /s The bitcoin-inspired cryptocurrency, reportedly dubbed GlobalCoin, is set to be rolled out for testing by the end of 2018 |
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bitcoinPsycho
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Activity: 2464
Merit: 2064
$120000 in 2024 Confirmed
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May 24, 2019, 04:16:11 PM |
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You just gotta love fridays |
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VB1001
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Activity: 938
Merit: 2540
<<CypherPunkCat>>
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May 24, 2019, 04:32:47 PM |
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someone alphabetise those poor hats before i get epileptic seizures
kthxbye
Lol, You have to memorize hat/user or user/hat Forget about alphabetizing hats, your photographic memory must always be active to make the brain more agile.  V8, It is complicated for updates, if it were a list there would be no problem. |
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El duderino_
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Activity: 2492
Merit: 11985
BTC + Crossfit, living life.
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May 24, 2019, 04:35:28 PM |
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You just gotta love fridays We do, but first in 30 minutes”gritt athletic” Then gonna have to play on the soccer tables (finished first with two teams) today Will be the season champion  |
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xhomerx10
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Activity: 3822
Merit: 7962
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May 24, 2019, 04:36:07 PM |
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Good morning WO,s
Reading the last pages, very interesting comments about the real life of the people, for this reason I always say that you have to read all the pages, you always learn something.
Thx.
Yep, I love reading about colonoscopy while I'm having breakfast. Damn that seems familiar somehow...  I thought we agreed to never post that pic again !  I'm sorry for that but all my restraint is required to hodl my Bitcoin; I have little if any self-control remaining for anything else. Apologies in advance  |
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Phil_S
Legendary
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Activity: 2090
Merit: 1461
We choose to go to the moon
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May 24, 2019, 04:38:39 PM |
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Existing telecommunication corporations are not going to just give them the share of the market, even 1% or it, just because the launched a few satellites. They all have their own satellites, and plenty of them.
And revenue is not profit, btw.
It's creating a market that didn't exist before. What market? Internet access? |
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BitcoinGirl.Club
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 24, 2019, 04:42:19 PM |
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Good afternoon WO brothers.
Observing bitcoins @ $8,149
Much better than last two days. I am happy that we are seeing steady move.
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JSRAW
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Activity: 2142
Merit: 1536
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May 24, 2019, 04:46:00 PM |
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Good afternoon WO brothers.
Observing bitcoins @ $8,149
Much better than last two days. I am happy that we are seeing steady move.
Good Afternoon. Your post missing something " What did I miss?" Are you hacked? @fillippone Yes sir. |
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gentlemand
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Activity: 2590
Merit: 3008
Welt Am Draht
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May 24, 2019, 04:47:09 PM |
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What market? Internet access?
Yup. In huge swathes of the world where it wasn't accessible before. |
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nutildah
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Activity: 2968
Merit: 7939
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May 24, 2019, 04:53:22 PM
Last edit: May 24, 2019, 05:13:44 PM by nutildah |
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 Maybe I should put a nice lil picture of my hat next to each comment in this thread. That way I feel like I'm a bit more part of the gang, and it might increase my chances of being invited to the $100k party. Its kind of like how newbies would include their signature text in their comment field after they got demoted when the merit requirements went into effect. |
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LFC_Bitcoin
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Activity: 3514
Merit: 9483
#1 VIP Crypto Casino
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May 24, 2019, 04:57:15 PM |
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I might get my hat made seeing as though I wear an avatar for bitcasino.io in their sig campaign. Watch this space |
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BitcoinGirl.Club
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 24, 2019, 05:00:27 PM |
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Good Afternoon.
Your post missing something " What did I miss?"
Are you hacked?
Luckily not yet 🤪 I know you were waiting for it. So, what have I missed in the last few hours? |
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BitcoinGirl.Club
Legendary
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Activity: 2758
Merit: 2711
Farewell LEO: o_e_l_e_o
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May 24, 2019, 05:03:01 PM |
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I might get my hat made seeing as though I wear an avatar for bitcasino.io in their sig campaign. Watch this space I already have a hat but still I did not have the privilege to wear it and the reason is same like you 😉 By the way, thanks to bitcasino for those BTC they send me weekly 🙂 |
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