gentlemand
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Welt Am Draht
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February 10, 2014, 11:22:30 PM |
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210 is way beyond the reach of mere mortals now unless they got in long beforehand. 21 is a stretch too. It'll be a cool club to be in one day.
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No Gods or Kings. Only Bitcoin
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meanig
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February 10, 2014, 11:27:46 PM |
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And where does rpietila prove that 927 people have more than 1K BTC?
He is one of the most reputed members around here and he did some sort of a study, which is by and large considered as sufficiently accurate.
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damnek
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February 10, 2014, 11:29:44 PM |
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As a Vladimir Junior member you are expected to have control over the private key in which your 21 bitcoins are stored; they cannot be hold on an exchange such as Mt.Gox.
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keithers
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This is the land of wolves now & you're not a wolf
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February 10, 2014, 11:37:49 PM |
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210 is way beyond the reach of mere mortals now unless they got in long beforehand. 21 is a stretch too. It'll be a cool club to be in one day.
Really? You feel that 21 btc is a stretch? Yes, 210 is a lot, but if it is supposed to be elite, than 21 is far too low. My friend got 500 as a wedding present when they were like $1, that's how I heard about bitcoins
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gentlemand
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Welt Am Draht
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February 10, 2014, 11:48:30 PM |
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That's over $10,000 buying in now. It was over $22,000 a few weeks back. I dunno what circles you move in, but there really aren't that many people in the world with that type of money to throw at such a risky endeavour.
For all the thousands or millions of people who may eventually arrive in the market, 21 is going to be a pipe dream.
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keithers
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This is the land of wolves now & you're not a wolf
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February 10, 2014, 11:59:50 PM |
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That's over $10,000 buying in now. It was over $22,000 a few weeks back. I dunno what circles you move in, but there really aren't that many people in the world with that type of money to throw at such a risky endeavour.
For all the thousands or millions of people who may eventually arrive in the market, 21 is going to be a pipe dream.
Yes, timing is everything. 10k is a decent sized investment, but in terms of investing (if you want a sizable return), whether it be in crypto, regular currency, commodities, stocks, etc, it is probably the amount you would need to throw at it (if you can afford to do so). I guess it all depends on how much money you are making at your job/career, and how risk averse you are. I think certain lines of work make you lose the perception of the value of a dollar, and you become real easy come, easy go with money.
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gentlemand
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Activity: 2590
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Welt Am Draht
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February 11, 2014, 12:05:48 AM |
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Aye, I'm often slightly shocked at the figures people are throwing around on this forum. Perhaps most made their dollars from Bitcoin or they just have larger balls than average. I guess anyone who has even a little bit right now, be they male, female or NSA supercomputer, is much more adventurous than most.
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cbeast (OP)
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Let's talk governance, lipstick, and pigs.
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February 11, 2014, 10:47:05 AM |
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21 BTC won't buy you a home. I guess it depends on your priorities. Do you feel a home is security for your future or will you join the Over 21 Club? I wouldn't presume to advise you to sell your house to buy Bitcoin, but some here might. Personally, I don't have a lot of bitcoins because families are expensive, but I sacrificed having a nice home to get the bitcoins I have. I am not at the Vladimir level, but between 21 and 210 is a good place to be and I am all in with Bitcoin.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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davidgdg
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February 11, 2014, 11:17:48 AM |
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vladimir club is 0.01% of whole number of coins or 1/10000 thus 21 mill/10000 = 2100
a mini vlad would be 210 coins, which right now I think most people don't have
According to the latest stats, only 927 people have more than 1K coins. Source? This is the best place to use: http://btc.ondn.net/searchEndless hours of fun to be had. Currently there are 1,120 addresses with 1,000 BTC or more. Of course this does not mean that there are 1,120 people holding 1,000 BTC or more. It is probably a smaller number as some people control more than 1 address (alternatively it could be larger if a significant number of those addresses are cold wallets for exchanges. We just don't know).
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"There is only one thing that is seriously morally wrong with the world, and that is politics. By 'politics' I mean all that, and only what, involves the State." Jan Lester "Escape from Leviathan"
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keithers
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This is the land of wolves now & you're not a wolf
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February 21, 2014, 10:49:47 PM |
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21 coins has gotten a lot cheaper over this past week...
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cbeast (OP)
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Let's talk governance, lipstick, and pigs.
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February 23, 2014, 08:54:18 AM |
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21 coins has gotten a lot cheaper over this past week...
That's how people acquire more coins.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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