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Author Topic: How many of you are Satoshi Millionaire?  (Read 980 times)
matchi2011
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October 13, 2019, 05:39:14 PM
 #81

I think that amount isn't enough to be called crypto or Satoshi millionaire. However, there are already lots of millionaires and even billionaires in crypto world these days. Most of them are those who invested a lot of those who have invested in the early phase of Bitcoin. I believe that when the bull run approaches again, there would be more people who will get rich here.
For now it's not that huge in value but who knows what will happen next to this industry. Like how those early investors who are now enjoying the value of their investment. It's good to hold even in a small amount of bitcoin, if you can afford to invest from time to time chances that it will bounce
high again and be more expensive after some years. Becoming satoshi millionaire begins with holding this asset try to store to whatever extent that you can have.

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October 14, 2019, 05:12:32 AM
 #82

I think if you want to have a dream, then dream something big. Do not dream a dream that is very easy to achieve. For me being a satoshi millionaire is not that hard or difficult to achieve. What we must be persevere for us to achieve is to be a satoshi billionaire. It might be a dream for now but patience and being in the right track will make us achieve that dream.

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October 16, 2019, 07:25:12 PM
 #83

Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.

There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.

is there really a thing like satoshi millionaire? this is quite interesting, never knew we had people who consider themselves to be millionaire by have pocket change of Bitcoin which are not worth anything that much and still consider themselves to be millionaire. Then I guess I'm a satoshi billionaire considering the amount of bitcoin I own.   Grin Grin Grin

Nice to know that you own 10+ BTC. That's going to be a life changing amount in near future.

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October 16, 2019, 07:36:50 PM
 #84

Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.

There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.

Who knows, one day if I scrimp and save and don't eat or turn on the lights or turn up the heating and keep working hard every hour of every day I might eventually get there.
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October 16, 2019, 10:57:23 PM
 #85

Used to be a Satoshi Millionaire. I remember the days where BTC was worth $1 and I got a few BTC from a guy for finding a spelling error in his website. I also remember losing 10 BTC to a Minecraft casino a couple years later, when I was fairly young and they were worth about $100 each, that was fun. I guess having 10 BTC means that I was a Satoshi Billionaire at one point, in fact.

I don't think 0.01 BTC is really that big a deal if you're from a first world country, most people can scrape together $80.

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November 16, 2019, 04:11:16 PM
 #86

Used to be a Satoshi Millionaire. I remember the days where BTC was worth $1 and I got a few BTC from a guy for finding a spelling error in his website. I also remember losing 10 BTC to a Minecraft casino a couple years later, when I was fairly young and they were worth about $100 each, that was fun. I guess having 10 BTC means that I was a Satoshi Billionaire at one point, in fact.

I don't think 0.01 BTC is really that big a deal if you're from a first world country, most people can scrape together $80.

Just from your own confession, it is evident that, a few years ago, even 10 BTC was not a big a deal. Time changes. So the value of a deflationary asset.

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November 16, 2019, 04:52:14 PM
 #87

Used to be a Satoshi Millionaire. I remember the days where BTC was worth $1 and I got a few BTC from a guy for finding a spelling error in his website. I also remember losing 10 BTC to a Minecraft casino a couple years later, when I was fairly young and they were worth about $100 each, that was fun. I guess having 10 BTC means that I was a Satoshi Billionaire at one point, in fact.

I don't think 0.01 BTC is really that big a deal if you're from a first world country, most people can scrape together $80.
Just like you I can consider myself as Satoshi Millionaire. I remember back in the day Bitcoin price is just around $700 and look how much it is now, I never imagine that Bitcoin will this be expensive. If we will look back 0.01 worth of Bitcoin is not that pricey compared to what it is have now. This only means that Bitcoin's value is getting more extravagant as time passes by. If you've started to know or earn Bitcoin way back later 2017, I'm pretty sure you have been a Satoshi Millionaire or should I say Satoshi Billionaire.

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November 16, 2019, 07:48:39 PM
 #88

Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.

There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.

You need to be kidding, 0.01 It's a little amount of money, in terms of Fiat and Bitcoin, a real accomplishment should be to own at least 10% of the total value of one BTC.

0.1 wich it's market value today it's something around 800$, Why I said this arbitrary value? Because it's an easy amount to get for almost anyone in the world with the willingness to put the necessary effort to get it.

And also the BTC value in 2016 was around $ 600 - $ 800 before this crazy ride to $ 20K, so getting  0.1 at least should give anyone a taste of riding the Bitcoin-like if were in 2017 if we get into a new bull run straight to $ 100K.

To finish I will share the Bitcoin rich list to put you in perspective of how much people have at least 0.01 in Bitcoin savings and how much people have 0.1 or more.

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You gave a good statistics. Not many are bitcoin millionaire.
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November 17, 2019, 12:39:38 AM
 #89

To be a Satoshi Millionaire isn't hard at all, we are talking about $85... So, shouldn't be hard at all to earn the title. What is hard is to get 0.1 or 1BTC, i miss the old times when was cheap to hold a whole bitcoin. But maybe if we hold that million of satoshis in some years it will be some serious money.

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November 17, 2019, 12:57:58 AM
 #90

There was a time when new entrants wanted to reach goal of 21 BTC

I reached that goal, but then I spent the 21 BTC on 10 Friedcat USB stick miners.
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November 17, 2019, 03:16:15 AM
 #91

I think if you want to have a dream, then dream something big. Do not dream a dream that is very easy to achieve. For me being a satoshi millionaire is not that hard or difficult to achieve. What we must be persevere for us to achieve is to be a satoshi billionaire. It might be a dream for now but patience and being in the right track will make us achieve that dream.

Basically its quite interesting to have a goal in cryptocurrency space that we should obtain 1BTC to keep. Imagine, if the total supply is only 21million, we have a huge contribution to the market if we hold at least 1BTC. Actually it is a mindset that I want to provide for people that asks me what bitcoin is. Becoming satoshi millionaire is easy, maybe we could be proud of ourselves if we can accumulate exactly 1 BTC. Though it is quite hard since we need a lot of patience and dedication to doing this, many have tried, few successful and others are panic sellers.
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November 17, 2019, 06:24:12 AM
 #92

I doubt there is anybody in this forum who isn't a Satoshi Millionaire yet considering the fact that it's dollar equivalent is less than $90 at current rates, but just imagine when bitcoin hits $100,000 and this would be a far more lofty goal for Cryptocurrency enthusiasts even though being a Satoshi Million would be worth just $1000, but if bitcoin ever hits a million dollars, then we are in business, anyways I was a Satoshi millionaire almost from the day I opened my first bitcoin wallet.

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November 17, 2019, 10:21:10 AM
 #93

I think there is so many satoshi millionaires here in the forum because we all know that 1million satoshi is just a .01 btc only and it only values for about 85 USdollars right now and anyone can really obtain this anytime because this is kind of cheap right now, but if you will talk about the billionaires of satoshi then maybe it is often because it is likely having a 1 bitcoin or more and as we all know that the values of bitcoin was really high and it cannot be obtain by just anyone.



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November 17, 2019, 11:34:35 AM
 #94

satoshi multimillionair but still not a billionaire
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November 17, 2019, 12:36:33 PM
 #95

Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.

There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.
well owning 1 bitcoin right now become really hard and earning a million satoshis is not easy but reachable
but for me, I will stick in my goal before to become one in a million or have 100 bitcoin
in my opinion its better to set your goal higher so you will work harder





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November 17, 2019, 12:50:40 PM
 #96

Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.

There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.

This is quite interesting. Could it have been tried in the past? And maybe that's what some misinterpreted as 1 million satoshis owned by Satoshi? I hope not. Sometimes I wish he really owned alot of coins because he deserves it.

Well, I probably will have some saved long-term for others inheritance. Hopefully, it becomes very valuable by then. But I wouldn't hope on it too much.

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November 17, 2019, 01:59:20 PM
 #97

Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.

There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.
well owning 1 bitcoin right now become really hard and earning a million satoshis is not easy but reachable
but for me, I will stick in my goal before to become one in a million or have 100 bitcoin
in my opinion its better to set your goal higher so you will work harder
Same with me all do not that large around 10-20 BTC is enough for me , hopefully i can find way to get that amount as fas as i can. its really big help if i can makeit ,though i know it will be hard to do but its possible .
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November 17, 2019, 03:53:33 PM
 #98

Satoshi Millionaire is one, who has 1 million Satoshi, i.e. 0.01 BTC.

There was a time when new entrants wanted to reach goal of 21 BTC, i.e. one in a million. Then it became Satoshi Billionaire, i.e. 10 BTC. Then 21 million club, i.e. 1 BTC. Now, owning 1 BTC is difficult and being a Satoshi Millionaire is the new goal.
0.01BTC is not a big amount for most people. But in the future, if there is a small possibility that a BTC can cost $ 1 million as many people predict, We will have a different perspective on this issue.

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November 18, 2019, 08:08:48 AM
 #99

Used to be a Satoshi Millionaire. I remember the days where BTC was worth $1 and I got a few BTC from a guy for finding a spelling error in his website. I also remember losing 10 BTC to a Minecraft casino a couple years later, when I was fairly young and they were worth about $100 each, that was fun. I guess having 10 BTC means that I was a Satoshi Billionaire at one point, in fact.

I don't think 0.01 BTC is really that big a deal if you're from a first world country, most people can scrape together $80.

Just from your own confession, it is evident that, a few years ago, even 10 BTC was not a big a deal. Time changes. So the value of a deflationary asset.
If it was based on the time that I got to know bitcoin, 10 bitcoin was not only a tiny deal., but an insignificant deal that I would have even bought thousands of bitcoin for my house help for you to know how cheap bitcoin was and if I was to react to purchase bitcoin then, I think that by now, my satoshi is actually supposed to be running into billions and not even million.

It is something that I don’t actually want to remember again for making such mistake of not investing In bitcoin when I knew about it, and now, I am even struggling to have just 2 bitcoin which I am even spending from anytime that I am having any financial challenge that has to do with personal or family need, and I really wish I could turn back the end of time to that year when I would have accumulated thousands of bitcoin.
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November 18, 2019, 02:48:18 PM
 #100

Is this really a thing now? I know the 1BTC club that you mentioned but I never thought that 1 Million Satoshis club will be a thing.
Cheesy its not, its a semi-joke by me but maybe in future?
who knows if price will be $100000 per btc it could be a thing Smiley
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