what do you consider to be a shit-ton of bitcoin?

[wolverine.ks]

Comments...

[1715490528]

1715490528

[1715490528]

1715490528

[Rez]

For me ... 1,000 is a shit-ton.

Mostly because it's an unattainable goal for most at this point.

[niothor]

We know 200k bitcoins are a shitload of money
https://blockchain.info/address/12sENwECeRSmTeDwyLNqwh47JistZqFmW8

so a shit-ton would be 100k or 10k? =)))))

[Johnny Bitcoinseed]

Well according to the votes so far, I may have about a quarter of a shit-ton.  

Now is that metric shit-ton or and English measure shit-ton?  We need to be more specific on units here.

[anti-scam]

At this point, I'm pretty sure that even a hundred is more than the average income of a US household. Multiplying that by ten surely results in a guaranteed "shit-ton".

[SquashJ]

With the current rate, I'd be more than happy with 100 BTC...

[Carlton Banks]

Answer is 1.

What's 1/21 millionth of the world money supply? Absolute trucks-full, that's how much. If (and I should maybe say "when") Bitcoin realises it's potential, anyone with >1 will be rich.

[jaked]

Answer is 1.

What's 1/21 millionth of the world money supply? Absolute trucks-full, that's how much. If (and I should maybe say "when") Bitcoin realises it's potential, anyone with >1 will be rich.

1 BTC is not "trucks-full" of money, even under the most optimistic assumptions.
The global money supply is ~$8T. Divide that by 21M, assuming BTC has dominated the entire market, and you get ~$380K per BTC.

[Johnny Bitcoinseed]

I took a stab at it...

From one source there is something like $46.513 trillion dollars worth of money in the world (note: this is very difficult to measure as there are several types of "money")
There are about 7-billion people

This comes to an average of $6644 per person

$46.513 trillion dollars divided by 21-million bitcoins = $2,214,904 per bitcoin.

That is what dreams of made of.  Half a bitcoin could be $1 Million dollars US currency.  While not a truck full of money (unless it is in pennies) it certainly is a lifetime supply if used efficiently.

Ah, pipe dreams....

[Carlton Banks]

Answer is 1.

What's 1/21 millionth of the world money supply? Absolute trucks-full, that's how much. If (and I should maybe say "when") Bitcoin realises it's potential, anyone with >1 will be rich.

1 BTC is not "trucks-full" of money, even under the most optimistic assumptions.
The global money supply is ~$8T. Divide that by 21M, assuming BTC has dominated the entire market, and you get ~$380K per BTC.

Yup, $380,000 would be a terrible outcome. I totally agree.

[EvilPanda]

At current price I vote for 1k, simply because it would be impossible for me to obtain, ever, unless I won a lottery or something.