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Author Topic: 1 in a million  (Read 6063 times)
doomistake
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April 27, 2017, 01:17:02 PM
 #141

I wouldn't mine nor invest in bitcoin even if i get to travel back to the past (with memory loss), because at that time bitcoin was simply worthless and useless except to buy some cheap unbranded dried meat called bitjerky made by a joe six-pack.

It is a crazy thought, if you can travel time, you should store it and use it for the future, because then the bitcoin carries a very low value, it is even equal to 1/6 present value. If you store bitcoin in the past, you will become an extremely wealthy at the present time. However, it is only wishes that never happen.

A very crazy thought that @Dorky have there, time travel with memory loss? what is the sense of travelling back to the time when bitcoin is completely worthless if you have memory loss? it is very ironic that you are going to travel through time and you are going to have memory loss, such a waste of time, lol. Because the reason why we are going to do time travel (if possible) is to earn bitcoin, and save it and go back to the present to be a wealthy man in an instant.

But, if this time travel is going to be a real one, I am sure that we need to spend a huge amount of money to make this come true, it would be a big risk but it is going to worth it if it is going to be successful.

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April 27, 2017, 01:37:38 PM
 #142

This post should be updated.

Price of 21 BTC today :  27000$

I prefer to live a day like a wolf than a hundred years as a lamb.

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
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April 27, 2017, 02:10:54 PM
 #143

I wouldn't mine nor invest in bitcoin even if i get to travel back to the past (with memory loss), because at that time bitcoin was simply worthless and useless except to buy some cheap unbranded dried meat called bitjerky made by a joe six-pack.

It is a crazy thought, if you can travel time, you should store it and use it for the future, because then the bitcoin carries a very low value, it is even equal to 1/6 present value. If you store bitcoin in the past, you will become an extremely wealthy at the present time. However, it is only wishes that never happen.

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April 27, 2017, 02:21:06 PM
 #144

This is really interesting! I never thinkike this. Those who started mining and buying earlier, is so lucky. But the thing is I can never own 21 btc.  Cry
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April 29, 2017, 11:10:24 PM
 #145

They are the legends. The early ancestors in Bitcoin that has been in the early stages. I've heard about Bitcoin in the documentary called the " Deepweb ". But I just started to be part of this community when a friend explained me what he is doing online. Even if he's just one year ahead of me. The difference in our experiences and our wallet is so vast. I think that because this is the golden age of development of cryptocurrencies and the rapidly increasing of value of the Bitcoin. I've said rapidly because we're lucky that Bitcoin even clock to 1200 $ while gold takes a decade to grow value.

One in a million is a term itself of being one in a million. It's a combination of hard work, luck, persistent, patience and being early on this. Don't weep because you started late. And I feel so late too, but I'm doing my best to catch up to these and be part of this revolutionary and evolutionary change.

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April 30, 2017, 05:40:25 AM
 #146

This post should be updated.

Price of 21 BTC today :  27000$

If I am to update the post each time price moves, then the first post will be 100 pages long in a month. however I have decided to update it at least twice a year, meaning every 6 month or so but probably will do it sooner because my main purpose in this topic is to show the long term change of price not each small swing that bitcoin has.

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April 30, 2017, 05:47:32 AM
 #147

This is really interesting! I never thinkike this. Those who started mining and buying earlier, is so lucky. But the thing is I can never own 21 btc.  Cry
You can own 21 bitcoins, it is not too late to collect and accumulate a lot of bitcoins because bitcoin is just getting started in the market and it is still a young currency, sooner or later we will see a 2k price for bitcoin in USD rate, so if i were you, i will work hard and earn bitcoins as much as a can even not that 21 bitcoins but at least 1 bitcoin.

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May 29, 2017, 10:47:52 PM
 #148

being one in a million is one of those interesting topics in bitcoin if you ask me. we all know that there will only be 21 million maximum bitcoins available (ignoring the number of coins lost).

so if you have 21 bitcoins you can be one in a million.

now we all know there are 7.5 billion people in the whole world and there is a very limited supply of bitcoin available.

The following is the cost of being 1 in a million throughout the past years.
* bubbles are ignored and price is average

Year|21BTC cost
2008-2010|Practically free!
2010|$3.7
2011|$84
2012|$188
2013|$2,200
2014|$9,030
2015|$5,670
2016|$12,117
2017|$21,210 Today's price

when you look at things like that, they seem pretty ridiculous that once you could be 1 in a million with only 3 bucks but today you have to pay 21 grand to be 1 in a million
Great thread, it will come to the point the average person will not be able to hold 21 bitcoins, I’m sure that for the person in the third world trying to get 21 bitcoin at the current price is going to prove very difficult if not impossible.

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June 02, 2017, 05:24:38 AM
 #149

As promised the 6 months updates of the cost of being 1 in a million (also see the full updated table in OP):

Date|21BTC cost
2016|$12,117
2017-1|$21,000
2017-6|$50,400
2018-1|$##

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June 03, 2017, 06:37:34 AM
 #150

Got to this thread from a link on another. https://bitcointalk.org/index.php?topic=1933765.msg19203230#msg19203230
Good thing I did.

Thanks for this! I mean it. Woke me up.
being one in a million is one of those interesting topics in bitcoin if you ask me. we all know that there will only be 21 million maximum bitcoins available (ignoring the number of coins lost).

so if you have 21 bitcoins you can be one in a million.

now we all know there are 7.5 billion people in the whole world and there is a very limited supply of bitcoin available.

The following is the cost of being 1 in a million throughout the past years.
* bubbles are ignored and price is average

Year|21BTC cost
2008-2010|Practically free!
2010|$3.7
2011|$84
2012|$188
2013|$2,200
2014|$9,030
2015|$5,670
2016|$12,117
2017|$21,210 Today's price (2017-2)
I've been dillydallying for the past month, but seeing this yearly Bitcoin average price. Wow.
I mean, why didn't I think of that? Couldn't see the bigger picture. It's not about the weekly, or the monthly price. Long term is what's important.
Again, thanks.


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June 03, 2017, 06:46:54 AM
 #151

Being one in a million is the long time expectation of every bitcoin user as the generation of bitcoin is quite limited. Hope the price increase continue for a long time. Possibly I'll earn as much possible and my target is to have 21 btc in my wallet and be the one among the 21 million.


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June 03, 2017, 10:56:47 AM
 #152

But how long would you be 1 in a million ?

I have more than 10BTC and am probably already 1 in a million, because of Bitcoin distribution (lots of whales). I hold to my coins for now, buy some more, lend some, trade some, 21BTC is surely a goal, 42BTC another, but at some point, when what BTC I have will be worth a lot of fiat, let's say about 1 million $/€, then I will probably sell most of it. So I will no longer be 1 in a million BTC owners. Instead I will be one young retired man in a nice beach house someplace remote.

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June 10, 2017, 03:01:08 AM
 #153

Got to this thread from a link on another. https://bitcointalk.org/index.php?topic=1933765.msg19203230#msg19203230
Good thing I did.

Thanks for this! I mean it. Woke me up.
being one in a million is one of those interesting topics in bitcoin if you ask me. we all know that there will only be 21 million maximum bitcoins available (ignoring the number of coins lost).

so if you have 21 bitcoins you can be one in a million.

now we all know there are 7.5 billion people in the whole world and there is a very limited supply of bitcoin available.

The following is the cost of being 1 in a million throughout the past years.
* bubbles are ignored and price is average

Year|21BTC cost
2008-2010|Practically free!
2010|$3.7
2011|$84
2012|$188
2013|$2,200
2014|$9,030
2015|$5,670
2016|$12,117
2017|$21,210 Today's price (2017-2)
I've been dillydallying for the past month, but seeing this yearly Bitcoin average price. Wow.
I mean, why didn't I think of that? Couldn't see the bigger picture. It's not about the weekly, or the monthly price. Long term is what's important.
Again, thanks.
Long term always trumps it all, this is why people that have held bitcoin from the beginning are not selling why should they, they are in the best investment of all time.

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June 10, 2017, 03:21:27 AM
 #154

Well, I wish I could be one of the million but I don't think that I'll ever reach a point like that, maybe if I get lucky sometime in the future but it is doubtful at best to be completely realistic.
I don't think there will be a million people with 21 BTC though, especially considering the weird distribution of it. Maybe 500,000, maybe less than that. If I was able to be in that group by now I'd be happy, but I guess I just have to take what I can.
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June 19, 2017, 12:02:11 PM
 #155

I've changed my mind and now want to be 1 in a million soon. I've sold part of my shares in the stock market and am buying BTC in the dips. 21BTC planned for one month from now.

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tryer12
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October 30, 2017, 01:46:03 PM
 #156

I find this really amusing and amazing at the same time.

DaedRik3
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October 30, 2017, 01:48:43 PM
 #157

Pretty funny today when you know it worth more than 125 000$  Grin
xskl0
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Segshit ≠ P2P


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October 30, 2017, 02:07:43 PM
 #158

This post should be updated.

Price of 21 BTC today :  27000$


129.000$ today. WTF

I prefer to live a day like a wolf than a hundred years as a lamb.

BUY / SELL bitcoins  --->  https://bit2me.com/?r=ryOV8xZNb
logicgate
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October 30, 2017, 08:04:36 PM
 #159

Pretty funny today when you know it worth more than 125 000$  Grin
Bitcoin is so impressive that everyone is rushing toward it and the price you are talking about 12500$ that will also be achieved as now price is at 6.1k and more of it the user trend is all toward bitcoin and this difference will be soon captured as many of countries are thinking about to accept it by seeing its advantages there will be more investor in future that will bring price to the high points, it will be awesome.


DaedRik3
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November 02, 2017, 11:48:08 AM
 #160

This world is becoming crazy !

145 131$ today !!
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