If you have 100 btc...

[wobber]

Actually one needs very few limited resources to have a sane, wealthy, healthy and happy life.
- Good home, not too big but not small either, maybe with some self-sustainable features like green energy, garden
- Technology; TV, cellphone, computers, etc
- Cars. one or two, for the family
- Some physical silver and gold
- A few bitcoins (10 I'd say)
- Cash / bank account for emergencies, including medical

I'd say that for US 400,000 would be enough. For EU, 150,000 euros are great.

Everything people have above this and do not use to make things happen in this world (medical research would be at the top - check how many die each second without basic health services) is just greed. And greed for power, which is the worst, changes one's character in such twisted ways that you are reluctant to call that person human. I saw some cases...

[Rival]

People do not die because no one helps them. They die because of diseases, accidents, genetic issues, poisons, violence, and sometimes just simple old age.

If I were to use your logic, I could claim that I save hundreds of people every day by refraining from killing them.

[MaxBTC1]

And I'm stuck here with 0.23 

[wobber]

People do not die because no one helps them. They die because of diseases, accidents, genetic issues, poisons, violence, and sometimes just simple old age.

If I were to use your logic, I could claim that I save hundreds of people every day by refraining from killing them.

How many accidents can you prevent with knowledge and research (seat belt saves lives you know)
Diseases - see what i said about research.

Violence - is mainly because of the poor distribution of wealth. Thefts and robberies.

[Loki8]

You stated:

99% of the bitcoin's wealth is owned by 1% of bitcoiners.

This is a flat out lie.  You cannot prove this because it is not true.

Oh... It's just an expression to say that the world's wealth and the bitcoin's wealth are very unevenly distributed.

[Loki8]

The distribution [of wealth] always remains very unequal.

This is true.  But, I am curious:

It sounds as if you believe something should be done about it.  Is that true?

If you believe something should be done about it then what do you propose should be done?

Take a look at new innovative coins like eMunie or OpenUDC, the distribution of wealth is much less unequal and much more thought out.

[Arksun]

It is a fascinating thing to think about, when we know the exact maximum finite amount of Bitcoins.

Assuming Bitcoin really did takeoff and go mainstream to be used by hundreds of millions of people, that puts even those who own just 1 Bitcoin in a strong position. And for those who own the most Bitcoins, in terms of FIAT,  billionares?  trillionares?.

[Alty]

Maybe bitcoin could create the first ever trillionaire!

[Rival]

When btc are a million dollars each, owning a coin will not make you a millionaire, it will make you a single-aire.

[BurtW]

Take a look at new innovative coins like eMunie or OpenUDC, the distribution of wealth is much less unequal and much more thought out.

eMunie does look interesting.  At least it is not just another Bitcoin clone pump and dump shit coin.

From what I can tell OpenUDC looks like a huge SNAFU but all I could find was French pages that had to be translated into English.  Voting on money creation, hmmmmm... Created by a committee of French socialists, hmmmmm...

[beetcoin]

Actually one needs very few limited resources to have a sane, wealthy, healthy and happy life.
- Good home, not too big but not small either, maybe with some self-sustainable features like green energy, garden
- Technology; TV, cellphone, computers, etc
- Cars. one or two, for the family
- Some physical silver and gold
- A few bitcoins (10 I'd say)
- Cash / bank account for emergencies, including medical

I'd say that for US 400,000 would be enough. For EU, 150,000 euros are great.

Everything people have above this and do not use to make things happen in this world (medical research would be at the top - check how many die each second without basic health services) is just greed. And greed for power, which is the worst, changes one's character in such twisted ways that you are reluctant to call that person human. I saw some cases...

you mean 400,000 in assets with no income? because 400,000 is not nearly enough, especially if you are living in a city.

[DeathAndTaxes]

When btc are a million dollars each, owning a coin will not make you a millionaire, it will make you a single-aire.

No it will make you a billionaire (a billion satoshis that is).

[BitchicksHusband]

If you already have 100 BTC there will never be more than 210,000 people who have more bitcoins than you.

Think about that for a moment, and then think about how many have been lost forever already.

99% of the world's wealth is owned by 1% of people.

99% of the bitcoin's wealth is owned by 1% of bitcoiners.

Prove this or delete it.

Yeah can we have a explanation with some proof please?

https://bitcointalk.org/index.php?topic=316297.0

[techstorm2]

If you already have 100 BTC there will never be more than 210,000 people who have more bitcoins than you.

Think about that for a moment, and then think about how many have been lost forever already.

You should have put it that way when they cost $10 each. Now its too expensive for me to buy 100 btc (expensive as in i dont have the money, not that the price itself is expensive), because as you put it, if it ever becomes mainstream, then being in the top 0.0035% of bitcoin holders would be priceless.

These things have been posted many times when the price was lower than $10.

Fair enough, unfortunately I wasnt here to read these words of wisdom. Why does important crap like this never get to my Facebook page, instead I get pictures of lol catz and dogs... wtf?!?

They are funny though!! 

[techstorm2]

If you already have 100 BTC there will never be more than 210,000 people who have more bitcoins than you.

Think about that for a moment, and then think about how many have been lost forever already.

99% of the world's wealth is owned by 1% of people.

99% of the bitcoin's wealth is owned by 1% of bitcoiners.

Just reading a great book "the creature from jekyll island" about the creation of the Fed in 1913, at that time 25% of the world wealth was in the hands of less than 10 people!  scary stuff.  well worth a read.

[Eternity]

Rates of bitcoins are rising like hell

[bythesea]

When btc are a million dollars each, owning a coin will not make you a millionaire, it will make you a single-aire.

And that will never happen.

[johncarpe64]

If I have 100 BTC, I will hold it until 10,000$ each and sell it ...

[klmist]

Rival, let's hijack your thread and make a poll. I am very curious how many people have 5,10,50,100 or more BTC.

You can get some sort of an idea from this report; http://www.klmist.com/keysreport.html - updated daily. The top-owners report http://www.klmist.com/topowners.html is also enlightening - not updating currently.

[jeppe]

i only think there are 20k with 100 BTC ATM but there will be so manny more wallets that have been lost :/