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Author Topic: Who is the richest person?  (Read 25918 times)
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December 10, 2019, 05:14:56 PM
 #321

Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.



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December 10, 2019, 06:24:58 PM
 #322

To be fair it's almost impossible to say who is the richest person because we don't and won't know. Don't you know that magic happens behind the scenes?
Bitcoin is a great example for you to imagine who stays behind the wealth. Who stays behind the bitcoin? Satoshi which we don't know, can 100% say the same.
The Federal Reserve is privately owned which prints money and takes any decisions regarding USD, it looks like we all have debt of them. Even that richest "Jeff Bezos" has their debt.
There are very rich families that are left in shadow, for example Rothschilds, Rockefellers, Morgans and etc.
This world is very hard to understand in overall and I have no idea why human can turn from a good, lovely child into emperor and evil person.


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December 10, 2019, 09:08:58 PM
 #323

I think a nice work can be done. I don't have the information to do this work. We need to learn about Bitcoin investments of the rich people in the world. If Bitcoin is not a very important project, they will not be interested in it. Or vice versa, everyone will attack bitcoin.
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December 11, 2019, 03:11:27 AM
 #324

Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.

How did you got to the calculation of $72 billion? Satoshi's wallets contain a total of BTC980,000. As per the current exchange rates, his stash will be worth $7.1 billion. But that is not all. We are forgetting about all the forked coins, such as BCH, BTG and BTD. His Bitcoin Cash horde will be worth at least $200 million. Bitcoin Gold has gone down in value recently, but even then if he claims the BTG coins, then his stash will be worth another $5.5 million, which is not a small amount.

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December 11, 2019, 06:31:16 AM
 #325

Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.

How did you got to the calculation of $72 billion? Satoshi's wallets contain a total of BTC980,000. As per the current exchange rates, his stash will be worth $7.1 billion. But that is not all. We are forgetting about all the forked coins, such as BCH, BTG and BTD. His Bitcoin Cash horde will be worth at least $200 million. Bitcoin Gold has gone down in value recently, but even then if he claims the BTG coins, then his stash will be worth another $5.5 million, which is not a small amount.
Maybe when richest person want to invest and promote bitcoin I think bitcoin will have higher price, but until today no one richest person interested by investing with bitcoin and altcoin, there no expert blockchain talk about how bitcoin working to them and make richest person look busy with their business and never try to adopt bitcoin as their investing for the future.

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December 11, 2019, 06:52:06 AM
 #326

I know Jeff Bezos is considered the richest known person but there is a lot of hidden wealth in the world.

I've heard the following people may actually be trillionaires:

Putin
Oil Saudis
Rothschild family
We will not know who is the richest man in the world because we have hidden organizations that we cannot see or reach.
Drug dealers and arms dealers are very rich and they do not have to pay for taxes. in mafia boss movies we can see that and they are even so powerful that they can manipulate the police.
i agree with you, we will not know who is the richest man.. in my opinion richest man is people not need to work but has a lot of money such a he has a website used by many people in the world like Mark Zuckerberg as CEO facebook, or CEO this bitcointalk forum haha no, we will never know about the richest man. many people hide their wealth for many reason like fear with a tax, Crime or etc

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December 11, 2019, 01:36:24 PM
 #327

There are a lot of rich people all over the world and there are rankings when it comes who is the richest person in the world, but in my own opinion there are still richer than those people who are in the top rankings who still doesn't wanted to reveal their property and assets, so they could protect theirselves from bad people.



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December 11, 2019, 02:46:15 PM
 #328

Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.
I doubt Satoshi did create the bitcoin for himself. If that was the case in the very beginning then he could've move his bitcoin and sold it since then but he did not. I don't think Satoshi got a value at that amount, we did not even know who Satoshi is/are. As far as I know Winklevoss twins has the 1% of the circulating supply of bitcoin, they might not be the richest person with bitcoin but man that is huge money in there.

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December 11, 2019, 02:54:46 PM
 #329

Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.
I doubt Satoshi did create the bitcoin for himself. If that was the case in the very beginning then he could've move his bitcoin and sold it since then but he did not. I don't think Satoshi got a value at that amount, we did not even know who Satoshi is/are. As far as I know Winklevoss twins has the 1% of the circulating supply of bitcoin, they might not be the richest person with bitcoin but man that is huge money in there.

1 percent and you call that huge ? to you maybe but to me it sounds pretty small . huge to me means over 5 percent ( if we are talking a total of 10 percent ) and over 50 percent ( if we are talking about 100 percent ) but i guess satoshi did create his btc for himself first because that what he wanted to happen but he also care for other people because what is the reason for building it anyway when we already have existing payment methods and currencies  but he build something unique and useful  . many people outside crypto are more richeier than satoshi .
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December 11, 2019, 04:22:44 PM
 #330

Satoshi if still surviving could be another most riches person in the world

The details here dont matter that much as its illiquid wealth and also market cap is reliant on those coins not being moved.   The second any long term deposits of that size start being moved, it will mean market reacts to a new source of liquidity and likely adjusts downwards.

The real answer to this question of riches is the means of production is the wealth, holding alot of cash is never quite as useful as confusing as that might be.  Its something Warren Buffet recognises I think and he constantly gains an advantage from spending cash on capacity which increases his ability to garner a premium in various markets.   The Amazon wealth is a product of consumer culture partly though the company has other operations, I'm not convinced long term it is worth as it might first appear.  Of course Bezos cant sell all his shares either.

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December 12, 2019, 02:28:37 PM
 #331

Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.

How did you got to the calculation of $72 billion? Satoshi's wallets contain a total of BTC980,000. As per the current exchange rates, his stash will be worth $7.1 billion. But that is not all. We are forgetting about all the forked coins, such as BCH, BTG and BTD. His Bitcoin Cash horde will be worth at least $200 million. Bitcoin Gold has gone down in value recently, but even then if he claims the BTG coins, then his stash will be worth another $5.5 million, which is not a small amount.
Maybe when richest person want to invest and promote bitcoin I think bitcoin will have higher price, but until today no one richest person interested by investing with bitcoin and altcoin, there no expert blockchain talk about how bitcoin working to them and make richest person look busy with their business and never try to adopt bitcoin as their investing for the future.
This is not fair to state that richest people are not interested in bitcoin or blockchain technology. Rich people must be aware of this technology and somehow linked with it. Even facebook CEO launched his own crypto coin which clearly shows the interest of billionaires in this technology. Rich people are the ones who need decentralized system the most so that they can have all control over money.
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December 12, 2019, 02:46:59 PM
 #332

This is not fair to state that richest people are not interested in bitcoin or blockchain technology. Rich people must be aware of this technology and somehow linked with it. Even facebook CEO launched his own crypto coin which clearly shows the interest of billionaires in this technology. Rich people are the ones who need decentralized system the most so that they can have all control over money.

We may never know whether they are investing in Bitcoin or not, due to the anonymous nature of cryptocurrency. Only a few of the large Bitcoin holders have come out in the open about their stash. And that said, there are billionaires such as Mark Zuckerberg who want to create their own cryptocurrency. But I have a feeling that this is doomed to fail, as they will never get the sort of user base or trust from the ordinary people.
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December 12, 2019, 03:18:28 PM
 #333

I know Jeff Bezos is considered the richest known person but there is a lot of hidden wealth in the world.

I've heard the following people may actually be trillionaires:

Putin
Oil Saudis
Rothschild family

Presidents of the countries are just puppets in the hands of puppeteers.
Rothschild family - closer to the truth.
But not only them.
In addition, there are much more influential structures that rule the whole world. It is not known about them unless you study this topic, because it is more profitable for them to remain in the shadows.

But, to be honest, the richest person is the one who has a good heart and soul, who shares with others every day and gets back even more. The richest man - is the kindest man.
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December 12, 2019, 03:39:50 PM
 #334

This is not fair to state that richest people are not interested in bitcoin or blockchain technology. Rich people must be aware of this technology and somehow linked with it. Even facebook CEO launched his own crypto coin which clearly shows the interest of billionaires in this technology. Rich people are the ones who need decentralized system the most so that they can have all control over money.

We may never know whether they are investing in Bitcoin or not, due to the anonymous nature of cryptocurrency. Only a few of the large Bitcoin holders have come out in the open about their stash. And that said, there are billionaires such as Mark Zuckerberg who want to create their own cryptocurrency. But I have a feeling that this is doomed to fail, as they will never get the sort of user base or trust from the ordinary people.

Yes, we don't have idea at all, maybe it's Satoshi just waiting for the perfect timing or new all time high to cash out  his BTC, we really don't know and there's also a lot of people not related to crypto who are also very rich and can also have impact once they buy and sell Bitcoin, anyway, we might not that rich, but still we can still be able to maximize our fund and be rich in some ways.
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December 12, 2019, 04:56:17 PM
Last edit: December 12, 2019, 07:22:49 PM by STT
 #335

Quote
such as Mark Zuckerberg who want to create their own cryptocurrency

He wants to create digital token with himself in control of all users and their information and usage of those tokens.  You could almost say its the opposite of cryptocurrency with decentralisation, we keep mixing the two together.   FIAT can be digital currency and its still not close to cryptocurrency, most money in most western nations now is majority electronically transmitted.   We are not advancing anywhere by just continuing on what we already have.

Anybody on this forum needs to be going out onto twitter or anywhere else crypto is discussed and make sure to say Libra is not cryptocurrency, the water is very muddy on any fast moving technology.  Dont give more power to Zuckerberg or anyone similar and expect them not to use it their advantage and their shareholders, thats his job as a businessman but its nothing to do with Bitcoin or cryptocurrency in general imo anyhow.

https://www.coindesk.com/libra-isnt-a-cryptocurrency-its-a-glimpse-of-a-new-asset-class

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December 14, 2019, 03:26:41 AM
 #336

Satoshi if still surviving could be another most riches person in the world. Satoshi allegedly holds 1 million bitcoin which are about $72 billions at current price that comes along the money richest persons have. Imagine the moment bitcoin doubles, Satoshi would be the most richest person in the world.

How did you got to the calculation of $72 billion? Satoshi's wallets contain a total of BTC980,000. As per the current exchange rates, his stash will be worth $7.1 billion. But that is not all. We are forgetting about all the forked coins, such as BCH, BTG and BTD. His Bitcoin Cash horde will be worth at least $200 million. Bitcoin Gold has gone down in value recently, but even then if he claims the BTG coins, then his stash will be worth another $5.5 million, which is not a small amount.
He probably made a mistake and added a zero and that is why he got 10 times your amount but whatever the case we have no doubts that satoshi is one of the richest persons around the world and yet he has not moved his coins since he decided to disappear.

This gives credibility to all of those that believe that satoshi passed away long time ago, but this could also be a case of a person that just does not care about money at all and decided to create bitcoin just because he wanted to do it.
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December 14, 2019, 08:10:10 AM
 #337

This is not fair to state that richest people are not interested in bitcoin or blockchain technology. Rich people must be aware of this technology and somehow linked with it. Even facebook CEO launched his own crypto coin which clearly shows the interest of billionaires in this technology. Rich people are the ones who need decentralized system the most so that they can have all control over money.

We may never know whether they are investing in Bitcoin or not, due to the anonymous nature of cryptocurrency. Only a few of the large Bitcoin holders have come out in the open about their stash. And that said, there are billionaires such as Mark Zuckerberg who want to create their own cryptocurrency. But I have a feeling that this is doomed to fail, as they will never get the sort of user base or trust from the ordinary people.
If we logically think about the richest people of the world, they are the ones who have hands in every business. This is unlikely to happen that they are not into blockchain technology or precisely not involved in bitcoin. These rich people are actually the whales of crypto market. CEO of facebook has also tried to launch his crypto currency which simply means that he wants to conquer this market as well.

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Pinkris128
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December 14, 2019, 06:28:52 PM
 #338

In my own point of view, the names of the rich people that are mentioned might not be the richest person in the world because no doubt that there is someone who are more richer than them that they only hide their assets to protect themselves from danger. Who knows maybe they became rich just because they sell drugs, weaponry and other illegal things just to make them insanely rich, that is why they hide their true identity.
joshy23
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December 14, 2019, 07:16:39 PM
 #339

There are a lot of rich people all over the world and there are rankings when it comes who is the richest person in the world, but in my own opinion there are still richer than those people who are in the top rankings who still doesn't wanted to reveal their property and assets, so they could protect theirselves from bad people.
Most of those people who are secretly hiding their identities are the one who created or helped the people in the list, there's always someone at the back of every successful businessman who doesn't want to reveal to the public for private privacies. People who are really hiding from the spotlight but can control every financial institutions. They are just around the corner observing everything around.
kotik085
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December 25, 2019, 01:57:29 PM
 #340

This is not considered to be the richest that income is calculated and put on display for all. In addition to Putin, there are people richer than Putin. It’s just not disclosed.
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