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Author Topic: You want to be a millionaire? if you own 0.01 btc you already are  (Read 3138 times)
worldofcoins (OP)
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December 04, 2017, 07:33:57 AM
Last edit: December 09, 2017, 10:08:50 AM by worldofcoins
 #1

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis.  Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins.  Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis.  so if you do the math owning 0.10,000,000 = 10 million USD  so if you own 0.01 that makes it 1 million dollars.  

You are wondering why I am saying bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.
  
Edit: It seems a few of you are agreeing and few are not.  I remember a time the few of you said the same thing about 10,000 USD a bitcoin.  I remember when they said that about 1,000 USD.  Guess what they are all kicking their arses now.  

Here is another factor to add that Bitcoin a World Wide curreny that is competing with fiat.

https://www.google.ro/search?q=how+many+people+in+the+world&ie=utf-8&oe=utf-8&client=firefox-b-ab&gws_rd=cr&dcr=0&ei=b0gmWuzOGOHWjwTI9bz4BQ


Edit:  Another add you should read https://www.cnbc.com/2017/12/09/bitcoin-cameron-winklevoss-predicts-multitrillion-dollar-value-for-cryptocurrency.html

Winklevoss just made this prediction as well.


We've always felt that bitcoin, given its properties, is gold 2.0 — it disrupts gold. Gold is scarce, bitcoin is actually fixed. Bitcoin is way more portable and way more divisible. At a $300 billion market cap, it's certainly seen a lot of price appreciation, but gold is at $6 trillion and if bitcoin disrupting gold is true and it plays out ... then you can see 10 to 20 times appreciation because there is a significant delta still," Cameron Winklevoss told CNBC on Friday.

"Long term, directionally, it is a multitrillion-dollar asset — I don't know how long it takes to get there," he added.

+_-
shacc
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December 04, 2017, 06:06:12 PM
 #2

but after how many years will 1 satochi be equivalent to 1 usd
i see it too far from now
Platonicus
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December 04, 2017, 06:17:39 PM
 #3

Probably this is a first prediction for 100 mil worth of bitcoin  Grin Cool. My children may be will see that time, doubt about me.
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December 04, 2017, 06:20:16 PM
 #4

100 million dollars for each bitcoin is a dream, I mean we have to be realistic here. The rise up to 10K took a very long time already, and issues like energy costs and transaction fees and a large number of unconfirmed transactions are popping up, to say nothing about whether the crypto economy will make it possible to reach 100M. I think it is highly improbable and actually practically impossible.

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December 04, 2017, 06:22:12 PM
 #5

I wonder how much energy bitcoin mining will take if it costs that much. At least the miners will find it profitable.

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December 04, 2017, 06:24:34 PM
 #6

thats really unrealistic! bitcoin could climb up to 50k in the next 5 years,i think that is possible but why do u think 100millions for 1 btc?
that would make millions of millionaire!!i dont believe that it can happen anytime.

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December 04, 2017, 06:25:49 PM
 #7

100 million dollars for each bitcoin is a dream, I mean we have to be realistic here. The rise up to 10K took a very long time already, and issues like energy costs and transaction fees and a large number of unconfirmed transactions are popping up, to say nothing about whether the crypto economy will make it possible to reach 100M. I think it is highly improbable and actually practically impossible.

Its nothing more than a dream. Its good to have a dream but something which does make sense and feasible is what you can work upon to achieve it. Rest it would be magic if it can even reach 50k in coming years. Their would be many obstacles that might come in between due to which drop will happens and it would have to recover from their.

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zenrol28
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December 04, 2017, 06:29:20 PM
 #8

Well let's see. If we're still alive to witness it. Maybe our grandchildren might. But as time goes, technology is evolving. If bitcoin stays as it is by now, it might be overthrowned.
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December 04, 2017, 06:51:39 PM
 #9

Well for one thing, that's objectively false.  Regardless of whether you think it'll happen, you still need to use the future tense.

Secondly, there's absolutely no guarantee that it will happen either.  Actually, I consider it extremely unlikely, especially in our lifetimes.  BTC currently isn't capable of handling more than a few transactions per second so as of yet it's simply incapable of replacing fiat money.

There's nowhere near enough money in the world for the price to be $100,000,000, so you would have to hope for the US dollar to hyperinflate before that time.
Bitcoin is becoming mainstreamed
Really?  Tell me three merchants, in the last month, that you bought goods from using BTC.
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December 04, 2017, 06:52:04 PM
 #10

I agree time will come that a satoshi can bĺe worth a million. The question is when though no ne can tell the specific date holding some of your satoshis might give you the opportunity of becoming a millionaire in the future we should be patience while waiting for now focus on earning bitcoin and as much as possible try to keep some for investment and do not sell them right away if you don't need the money yet.
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December 04, 2017, 06:59:22 PM
 #11

A good story, I like it, but highly unlikely? Why? Because if bitcoin reaches this target, fiat will be obsolete i.e. this 100 millions will not be worth and the only available currency will be crypto. And still we will have 0.01 btc Smiley
But who knows, in the future 0.01 btc could buy a lot of things Smiley

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December 04, 2017, 07:05:51 PM
 #12

You are too optimistic hoping that Satoshi value will be equal to 1 dollar or 1 Euro.
Even if that happen, it will be after many years and probably we will not be here to see it happen.

It is good to be optimistic but when you talk about money, you have to be more realistic and predictions like the one you mentioned in your thread
have to be based on facts and accurate analysis.

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December 04, 2017, 07:09:39 PM
 #13

This is the most random prediction I've ever heard. Huh Even McAffee aka the dickeater is more scientific in making his predictions.
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December 04, 2017, 07:10:47 PM
 #14

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis.  Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins.  Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis.  so if you do the math owning 0.10,000,000 = 10 million USD  so if you own 0.01 that makes it 1 million dollars.  

You are wondering why I am saying bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.
  




If you own 1/4 of a single bitcoin you will be a millionaire in 15 years
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December 04, 2017, 07:12:05 PM
 #15

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis.  Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins.  Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis.  so if you do the math owning 0.10,000,000 = 10 million USD  so if you own 0.01 that makes it 1 million dollars.  

You are wondering why I am saying bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.
  




If you own 1/4 of a single bitcoin you will be a millionaire in 15 years

At 4 million plus a coin, that's a market cap of over 75 trillion... What world do you live in!?!?!
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December 04, 2017, 07:12:37 PM
 #16

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis.  Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins.  Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis.  so if you do the math owning 0.10,000,000 = 10 million USD  so if you own 0.01 that makes it 1 million dollars.  

You are wondering why I am saying bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.
  




If you own 1/4 of a single bitcoin you will be a millionaire in 15 years

At 4 million plus a coin, that's a market cap of over 75 trillion... What world do you live in!?!?!

A world where inflation is so great that 75 trillion dollars tomorrow will only be worth what 7.5 trillion dollars is worth today
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December 04, 2017, 07:15:13 PM
 #17

a good idea, I like this story, but I think that it can not. If possible, we can not see their descendants may be we will see
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December 04, 2017, 07:15:37 PM
 #18

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis.  Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins.  Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis.  so if you do the math owning 0.10,000,000 = 10 million USD  so if you own 0.01 that makes it 1 million dollars.  

You are wondering why I am saying bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.
  




The world in which market cap is properly applied only to things like stocks, while currencies are measured by their circuiting supply or value exchanged per year.
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December 04, 2017, 07:15:49 PM
 #19

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis.  Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins.  Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis.  so if you do the math owning 0.10,000,000 = 10 million USD  so if you own 0.01 that makes it 1 million dollars.  

You are wondering why I am saying bitcoin is worth 100 million dollars right?  We have a long way to go.  Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars.  Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN.  There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil?  because they are probably around 5 million bitcoins lost.  If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.
  




If you own 1/4 of a single bitcoin you will be a millionaire in 15 years

At 4 million plus a coin, that's a market cap of over 75 trillion... What world do you live in!?!?!

A world where inflation is so great that 75 trillion dollars tomorrow will only be worth what 7.5 trillion dollars is worth today

Then being a millionaire as suggested in OP's title won't mean shit either
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December 04, 2017, 07:16:35 PM
 #20

Yep, some channels  says - don't be a stupid, let's buy 0.01 for your kids
, and they won't be angry on you. But i think this time,
when 0.0000001 btc will be costs 1 dollar still very far.

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