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Author Topic: 1 in a million (updated for 2018-6)  (Read 6134 times)
YuginKadoya
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April 24, 2017, 01:14:15 PM
 #101

Each day more and more people start to know about BTC and other cryptocurrencies and realizing its potential. It's safe to say that in the next couple years we'll see a huge interest in this subject, as more and more people want to have control over their assets. I don't say that every person in the world will adopt crypto, but that the user base will have a huge growth from today's number.

Then you are saying that each time there are new users in bitcoin there are a Viewable increase in the value, well maybe there should be an unnoticeable change in the value but in my opinion if that person would earn bitcoin, and by earning it taking the portion of bitcoin into his wallet, well there are some transactions and rotational data being gather to all users and I think that would be the time we would see an increase with the value.














 

 

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April 24, 2017, 01:57:19 PM
 #102

I wish i started mining and bying bitcoins back in 2010 like the early adopters.
I was pretty stupid at that time. Angry
I don`t know what`s the point of this "research"?Do you have 21 btc?
I will never have 21 bitcoins.

it is not over yet buddy, you may also earn it by now, just trust , everything is possible. just be patient and determined and success will follow. i have many friends that starts bitcoin years to now that has bitcoin and now happy.

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April 24, 2017, 02:13:34 PM
 #103

I wish i started mining and bying bitcoins back in 2010 like the early adopters.
I was pretty stupid at that time. Angry
I don`t know what`s the point of this "research"?Do you have 21 btc?
I will never have 21 bitcoins.

it is not over yet buddy, you may also earn it by now, just trust , everything is possible. just be patient and determined and success will follow. i have many friends that starts bitcoin years to now that has bitcoin and now happy.

Its never easy to earn 21 btc as very few people would have managed to hold that amount in their wallet and people who are earning bitcoins in different ways would be really struggling to have even 1 full btc in their wallet as earning bitcoin is much more difficult then earning fiat.

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April 24, 2017, 02:46:36 PM
 #104

I think the cost of bitcoin at the All Time high in late 2013 and early 2014 is as high as now, about $1000/BTC.

yes it is, as time goes by, bitcoin value has increases a lot due to the changing value of dollars , because we based our bitcoins to dollars , bitcoin value here in our country is big because the dollar is more bigger than our currency


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April 24, 2017, 03:03:54 PM
 #105

Still wonder who among those who got their bitcoin free when it starting are still holding their Bitcoin,but we will not know unless post their story about their Bitcoin being one of the early adopters,yeah it's indeed surprising how Bitcoin has become over the years.
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April 24, 2017, 04:02:42 PM
 #106

Each day more and more people start to know about BTC and other cryptocurrencies and realizing its potential. It's safe to say that in the next couple years we'll see a huge interest in this subject, as more and more people want to have control over their assets. I don't say that every person in the world will adopt crypto, but that the user base will have a huge growth from today's number.
That is a big possibility. Since bitcoin's popularity is bursting, there is no doubt about having huge interest in bitcoin. Since bitcoin's value depends on the law of demand and law of supply, having a continuous increase in bitcoin users, the higher the price bitcoin value will become.

I agree that not ever individual will adopt bitcoin since, practically, not all are capable in affording to have bitcoin in their pockets. Maybe they cannot afford a smartphone for a wallet or any device that will serve as their wallet, or maybe they cannot access internet.

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April 24, 2017, 04:05:29 PM
 #107

All of us should remember that not only bitcoin, but cryptocurrencies are gaining more and more interest from different kind of people from the every place on the planet.
The promises of insane profits and great returns by doing nothing are attracting such a big number of people, that it is just a little bit overwhelming for me. Luckily, big part of this newbies are going to leave bitcoin soon, and the reason will be very simple: they are going to get scammed by some older users, who are trying to exploit all these naive people that want to get their money doubled in a day without any effort.

I dont like the thought that almost everywhere i need to be extremely cautious because of possible scam attempt, but it does one good thing for a bitcoin: it makes newbies disoriented and sometimes even they start to be against the crypto's, so I can acquire more BTC for better price Smiley looks fine for me haha!

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April 24, 2017, 04:07:42 PM
 #108

Still wonder who among those who got their bitcoin free when it starting are still holding their Bitcoin,but we will not know unless post their story about their Bitcoin being one of the early adopters,yeah it's indeed surprising how Bitcoin has become over the years.

My friend told me that in the past when the price of bitcoins was too low there were many faucet sites that were paying huge amount of bitcoins after every 15 minutes so people who have managed to earn at that time and still holding would have become millionaire by now.
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April 24, 2017, 05:06:20 PM
 #109

Still wonder who among those who got their bitcoin free when it starting are still holding their Bitcoin,but we will not know unless post their story about their Bitcoin being one of the early adopters,yeah it's indeed surprising how Bitcoin has become over the years.

My friend told me that in the past when the price of bitcoins was too low there were many faucet sites that were paying huge amount of bitcoins after every 15 minutes so people who have managed to earn at that time and still holding would have become millionaire by now.

That's a big lie, being a millionaire with Bitcoin by current standards mean you need about 1000 Bitcoins which I doubt could have been earned through faucetting at any point in time since Bitcoin started.



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Rainbot
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April 24, 2017, 05:12:12 PM
 #110

Still wonder who among those who got their bitcoin free when it starting are still holding their Bitcoin,but we will not know unless post their story about their Bitcoin being one of the early adopters,yeah it's indeed surprising how Bitcoin has become over the years.

My friend told me that in the past when the price of bitcoins was too low there were many faucet sites that were paying huge amount of bitcoins after every 15 minutes so people who have managed to earn at that time and still holding would have become millionaire by now.

Don't believed your friend mate. And I doubt that those claiming faucets before can be millionaires by now. Maybe your friend has other means of earning bitcoin before but faucet, nah, I don't think so. If your friend said mining, yeah they should be millionaires by now.

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April 24, 2017, 05:24:44 PM
 #111

I am very far far away from that 1 in a million race.  I always spend my bitcoins whenever I get some. and back in 2010 I wasn't aware of bitcoin.

but I wish I could be one of them.

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April 24, 2017, 06:08:36 PM
 #112

You explain about bitcoin very well, but i lost the chance to make me a million. Because i entered in bitcoin world very late, I know about bitcoin in last 2 years, but i am glad, when i know about bitcoin, than it was $285, and i bought 3 to 4 bitcoins, and now recently i sold them, than you guess who could i make profit from bitcoins.

True. It feels like we have it but later on we knew that it was only just a dream. Well it's really sad to know that, the chance of being a millionaire has been slip away. Imagine believing in bitcoins potential seven years ago and invest at least 500 BTC. That is a great amount now.

You're still lucky because you've bought Bitcoin with a price of less than 300$, many people here don't even reach the moment when Bitcoin still have that price.

I'm one of the people you talked to. I knew about bitcoin 5 months ago, and then it's worth about $ 900. And of course, I only own a very small bitcoin at the moment, it's not enough for me to get a profit from it. Maybe I would get rich if I knew bitcoin when it was only $ 300


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rajasumi3
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April 24, 2017, 06:14:28 PM
 #113

Its never too late to invest in bitcoins likewise it is to say it is never late to start trading.well i believe that even in this year only we will be able to see lot of events of price of bitcoins that will attract the traders to invest more in bitcoins.on the other hand to invest only in bitcoins would be foolish,invest in real estate properties.
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April 24, 2017, 10:27:26 PM
 #114

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

The time it takes a new technology to hit mainstream is about 10 years so I guess that is also an example of what the real return is when you invest early it does make a sound argument for some altcoins ^^.
Although Bitcoin still has quite some upside to go.

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April 24, 2017, 10:58:09 PM
 #115

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

The time it takes a new technology to hit mainstream is about 10 years so I guess that is also an example of what the real return is when you invest early it does make a sound argument for some altcoins ^^.
Although Bitcoin still has quite some upside to go.

Great info, and showing  the bitcoin growth through the years. Time really is a great partner in accumulation assets or wealth whether it is digital or in physical form.I think its not too late to invest, some business men are projection bitcoin to even hit at $500,000 dollar.

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BitMaxz
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April 24, 2017, 11:20:28 PM
 #116

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

The time it takes a new technology to hit mainstream is about 10 years so I guess that is also an example of what the real return is when you invest early it does make a sound argument for some altcoins ^^.
Although Bitcoin still has quite some upside to go.
Well many altcoins are rises but i think they are be still alternatives that can't take the position of bitcoin..
Unless if there are altcoin that their team are  too active they are adopting it so fast..  we are need an altcoin that useful than bitcoin
That we can not transaction problem unlike bitcoin slow transaction when receiving and sending.. and i think merchant and store who accepting altcoin as their payment mode.

If those will happen i am sure they can take the position of bitcoin..
For now better to use altcoin for trading purposes because there are times that the price was increasing fast and sometimes slow. 

About the story of this thread i think i heard bitcoins before 2010 because there is a site that honestly i forgot the name they are giving bitcoin as their payment for  making essay before. that not expecting that the price of bitcoin will increase i was join bitcoin 2015 when the price i think $280+

well they are lucky that their made a good profit in  holding it for a long time and hope they can be still holding it and making more profit..  and be a multi millionaire.

For me if i had that amount of btc and got this $21,210 Today's price
I am already millionaire here..  in my country

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April 25, 2017, 01:13:54 AM
 #117

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

That's why people get involved in alts. You can be a lot bigger than one in a million for a lot less.   

Although the alt scene is getting saturated. At the current rate of production I project we should reach 1 million different alt coin projects by 2023 (or 2019 if you include waves tokens  Cheesy)

this note's for you.
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April 25, 2017, 01:23:02 AM
 #118

I wish i started mining and bying bitcoins back in 2010 like the early adopters.
I was pretty stupid at that time. Angry
I don`t know what`s the point of this "research"?Do you have 21 btc?
I will never have 21 bitcoins.
This post is very useful, it allows to us to see a comparison on the average price as time has passed, in this year alone the amount of money needed to buy those coins has doubled if bitcoin keeps going in this direction it will not be long before it takes an amount of money that is out of the reach of most people in the world.
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April 25, 2017, 05:35:43 AM
 #119

I wish i started mining and bying bitcoins back in 2010 like the early adopters.
I was pretty stupid at that time. Angry
I don`t know what`s the point of this "research"?Do you have 21 btc?
I will never have 21 bitcoins.
This post is very useful, it allows to us to see a comparison on the average price as time has passed, in this year alone the amount of money needed to buy those coins has doubled if bitcoin keeps going in this direction it will not be long before it takes an amount of money that is out of the reach of most people in the world.

the only thing that the post you quoted shows, is that certain group of people will always remain where they are and never advance in their lives because they will always remain scared in the present and regret the past.
and unless they stop this behavior you will see them in the future saying the same thing about today: "i wish i did ... back then"

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April 25, 2017, 05:40:39 AM
 #120

all i coins is that the current money supply distribution for bitcoin, will not be the same in the future if you want the price to be much higher, the less bitcoin each person in the one have the better

some lucky oen will hold his 100/1000 btc forever and do a fortune in 10-20 years, but not many will have this privilege, same story as the pizza guy

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

That's why people get involved in alts. You can be a lot bigger than one in a million for a lot less.  

Although the alt scene is getting saturated. At the current rate of production I project we should reach 1 million different alt coin projects by 2023 (or 2019 if you include waves tokens  Cheesy)

no, not for that, people jump on the various altcoin, just to gain more bitcoin, no one really care about them, you don't see people running around claiming that they will use one of those coins in the future
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