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Author Topic: You want to be a millionaire? if you own 0.01 btc you already are  (Read 3123 times)
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December 04, 2017, 07:19:26 PM
 #21

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

I went to the store the other day and the bread was already $2.50. So the price only has to double once. At 7% annual inflation, that is already expected to occur within 10 years. In 2027, we can expect to see $5 loafs of bread.
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December 05, 2017, 05:56:31 AM
 #22

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.
  




This is possible, however, it depends on the future if people would still believe on bitcoin. As you can see, there's a lot of issues that are around bitcoin. Some say that bitcoin is just a bubble, and it can be gone anytime. Some would say that it will keep growing that is why a lot of people are holding bitcoin. Let's just see how fast and how high bitcoin value will grow in the future.

People have been saying this for years, Only time it popped when bitcoin was stolen pn MTgox and that gold rush died onlly for a while.  Look it had no effect on where it is now.  Im going to continue to use bitcoin, I use it now without me holding.  I hold a few and use a few.  Too the ones that are holding just to covert back into fiat are not bright people,they are doing it soley on greed.  Bitcoin is going to be a rich mans coin.  
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December 05, 2017, 06:46:02 AM
 #23

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

with the value of bitcoin keep rising each year and people using bitcoin keep increasing. its posible.
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December 05, 2017, 06:52:30 AM
 #24

very interesting, i think to get 1 bitcoin it will be difficult, and if satoshi is equal to 1 usd or euro, then slowly i will collect sathosi so it will be 1 bitcoin. requires only patience and perseverance. and that's easy.
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December 05, 2017, 06:54:10 AM
 #25

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.
  




I hope your calculations about satoshi will come true but I think it will take some decades to reach 1 satoshi = $1 so if you can wait until then you will be a millionaire.But now the bitcoin price keeps increasing due to many factors the important is by increasing the demand of bitcoin.So people will have to hold their bitcoin to make more demands.
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December 05, 2017, 07:04:46 AM
 #26

Clearly you have just assumed that Bitcoin will reach $100 million. The theory is incomplete since you have not mentioned the time it will take for Bitcoin to reach $100 million. Bitcoin has real potential and I won't deny that but assuming 1 satoshi = $1 is a little to much and won't be certainly possible seeing the current issues like unconfirmed transactions, network overload, high transaction fees etc... These are real problems without any reliable solutions yet. Bitcoin has to solve these problems first in order to reach the $100 million milestone.

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December 05, 2017, 07:06:52 AM
 #27

Mhm just wondering why bitcoin make some people think like this maybe you are day reaming and you are sick because of your cough you should go and see your doctor lol, we are too far from that, bitcoin will hit million of dollars this is not impossible but it will take 10 or maybe 20 more years.

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December 05, 2017, 07:08:31 AM
 #28

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.
  




Actually, it doesn't make sense for 1 satoshi to be valued at 1 USD. Maybe when the dollar is even more priceless than it is today, it will be the case, but as long as it makes sense for the price of any item to be valued in cents, it will make sense for 1 satoshi to be at most 1 cent. So I would look for 1 BTC to be 1 mln USD in the long run, but I am very sceptical that it can achieve 100 mln USD
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December 05, 2017, 07:11:03 AM
 #29

I agree with the assumption that bitcoin will grow, I'm already preparing to buy bitcoin)
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December 05, 2017, 07:22:41 AM
 #30

Yes, you can say because 0.01 BTC might not be that much amount at the current time, but wait after 10 years even this amount can be make you millionaire. When everyone will jump into Bitcoin it is for sure that price train is not going to stop.

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December 05, 2017, 07:24:45 AM
 #31

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.
  




Actually, it doesn't make sense for 1 satoshi to be valued at 1 USD. Maybe when the dollar is even more priceless than it is today, it will be the case, but as long as it makes sense for the price of any item to be valued in cents, it will make sense for 1 satoshi to be at most 1 cent. So I would look for 1 BTC to be 1 mln USD in the long run, but I am very sceptical that it can achieve 100 mln USD
even it acheives 10 million you still can be a millionaire owning .10 btc 

Also here is food for thought VS 16 million bitcoins  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
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December 05, 2017, 07:50:08 AM
 #32

$100 million is just an arbitrary number and purely an assumption from your side. Bitcoin is still at $11k and it took 9 years for BTC to achieve such a target. Although the growth of Bitcoin has been too good this year we cant expect Bitcoin to grow at the same rate for the rest of the time. Bitcoin will be more volatile as it increases in price. Small fluctuations would mean changing the price in thousands of USD. This would create more problems to BTC than what it is facing now.

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December 05, 2017, 10:29:29 AM
 #33

$100 million is just an arbitrary number and purely an assumption from your side. Bitcoin is still at $11k and it took 9 years for BTC to achieve such a target. Although the growth of Bitcoin has been too good this year we cant expect Bitcoin to grow at the same rate for the rest of the time. Bitcoin will be more volatile as it increases in price. Small fluctuations would mean changing the price in thousands of USD. This would create more problems to BTC than what it is facing now.
do you know why it is having this growth?   Do the research before you say it is an arbitrary number.
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December 05, 2017, 10:39:28 AM
 #34

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



Okay. If I will be millionaire owning 0.01 btc, where is going to be Roger Ver? And Winklevoss brothers?)) Bros have 100 000 btc. So 100 000 x $100 000 000 = 10 trillion. Trillionaires?))) What are you smoking? Grin
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December 05, 2017, 10:44:41 AM
 #35

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



Okay. If I will be millionaire owning 0.01 btc, where is going to be Roger Ver? And Winklevoss brothers?)) Bros have 100 000 btc. So 100 000 x $100 000 000 = 10 trillion. Trillionaires?))) What are you smoking? Grin


Do not forget about Satoshi.  They will use there money to fund more bitcoin projects, you should be kissing their arses right now.
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December 05, 2017, 10:46:21 AM
 #36

if 1 satoshi will worth 1 dollar or euro ... i dont want think about the "fees" ... but when this day will come ... i dont i will be alive  Sad
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December 05, 2017, 10:48:59 AM
 #37

I honestly do not think I will see that much value attached to bitcoin in my lifetime. You are right in saying that the value will continue to increase as more and more people start to adopt bitcoin. As long as there is fiat a good proportion of people will continue to use that and not give a thought to using bitcoin.
It is a nice thought to think that bitcoin could create that many millionaires.

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December 05, 2017, 10:53:14 AM
 #38

Does this come true? I do not dare to believe, but I still hope
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December 05, 2017, 10:54:04 AM
 #39

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



This is more like a fantasy, although I don't t rule out the possibility of further growth in the price of bitcoin.
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December 05, 2017, 10:56:30 AM
 #40

Ridiculous beyond all thresholds. If $1,000,000 = 0.01 BTC, then what is going to be the value of 1 BTC? $100,000,000? If that is the price of one coin, then what will be the market cap of Bitcoin? Let's do the math. It is going to be $100 million x 21 million coins = $2,100 trillion. This is 7 times higher than the total global wealth.
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