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Author Topic: The power of Bitcoin in global world  (Read 238 times)
el kaka22
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April 28, 2023, 06:31:56 PM
 #21

I do believe that we can't really make too much change by forcing our love of bitcoin to others. Do not go to world and say that bitcoin is good, let the world come to you and explain it, their receptors will be much more open when they are willing to listen.

There are too many people who worry what might happen with bitcoin if there are governmental overreach, but if you keep worrying about it then you would never grow. Do you think all good ideas started from "what if something went wrong?" mindset? People who improved the world in all of human history did so by not worrying about what could go wrong but instead thinking about how they could help everyone in spite of everyone and that is how we got here so far.

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April 29, 2023, 03:14:35 PM
 #22

Have you ever wonder how lucrative or powerful Bitcoin is in the crypto world.
And you ask yourself(especially as a beginner in cryptocurrency business) can 1 Bitcoin make you a millionaire?
Bitcoin has proven its strength from the year it was created until now it has a very solid foundation among other coins and you will find out how profitable Bitcoin is when you make Bitcoin a long-term investment.

We will try to convey at a glance from the price point of view how profitable Bitcoin is because I understand the direction of your question there.
1 Bitcoin purchased by someone at a price below $1K, now that person can enjoy big profits with multiplication of prices that have reached $60K - $69K.
Bitcoin is weak in its early days but there are many happenings that help Bitcoin become stronger. Bitcoin is like the foundation of crypto. Other crypto can collapse and the whole market can still run well but if BTC collapsed, that is going to be a big disaster. BTC is not new anymore and there are now records of its past performance which we can find on the web. That shows how profitable it was but the last ATH is not the final ATH it can achieve. We can join this ride for breaking another new ATH if we want to earn a profit.

Everyone is dreaming of buying 1 BTC at a cheap price but if we can turn back the time, I don't think they still have the confidence they have now. People are still sceptical about BTC before, that is why not all are buying during those times.

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April 29, 2023, 03:32:31 PM
 #23

You know Bitcoin is the start of everything in the cryptocurrency world, right? If having 0.06 BTC is enough, everyone who started here would definitely have changed their lives for the better. I do hope that it would be enough for the world, at least to have that is already enough to live better. If that happens, remember where you started.

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April 29, 2023, 07:09:42 PM
 #24

Have you ever wonder how lucrative or powerful Bitcoin is in the crypto world.
And you ask yourself(especially as a beginner in cryptocurrency business) can 1 Bitcoin make you a millionaire? Now listen!
The  creator of swiss key,kyle kemper created a formula that determines how much Bitcoin one has to own in relation to the value of the world's wealth and the rise of a Bitcoin over time.
According to Kemper's formula: A person need a total of 0.06624605 BTC in order to guarantee wealth worth $1 million.
Pretty impressive when I look that number so hopefully I will become a billionaire when that day arrives. Cheesy

Obviously he calculated the total available supply of bitcoin and estimated atleast half of the world's fiat replaced by bitcoin or cryptocurrency and then this figures will appear.

But I am living in the present currently its around 30K so don't forecast too much and just accumulate as much as you can but only if you have the faith in the future of cryptocurrency.

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April 29, 2023, 07:48:19 PM
Merited by The Sceptical Chymist (5)
 #25

Have you ever wonder how lucrative or powerful Bitcoin is in the crypto world.
You can see the answer in the bitcoin travel history and for now it is not too difficult for you to find out.

And you ask yourself(especially as a beginner in cryptocurrency business) can 1 Bitcoin make you a millionaire? Now listen!
Of course, in what way do you get bitcoin and if it is purchased purely using your money, then there is no sudden wealth from the process of 1 bitcoin that you hold. Except there was a period where bitcoin surpassed the Halving of the previous year and even then when you bought bitcoin at a cheaper price than it is currently.

The calculations you make are indeed more suitable for use in the long term, but don't just stop at 1 bitcoin in purchases, unless you remember that the price of 1 bitcoin is not much cheaper than the price of a slice of pizza and you already have 1 bitcoin at that time and maybe you are now has become one of the bitcoin millionaires.

According to Kemper's formula: A person need a total of 0.06624605 BTC in order to guarantee wealth worth $1 million.
It looks like this will be long if explained and I think the Kemper formula does not match the mathematical calculations that you imagine and believe it or not you can learn more about these numbers, although I agree that no matter how many bitcoins you have will bring big changes if invested regularly.

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April 29, 2023, 10:10:40 PM
 #26

You know Bitcoin is the start of everything in the cryptocurrency world, right? If having 0.06 BTC is enough, everyone who started here would definitely have changed their lives for the better. I do hope that it would be enough for the world, at least to have that is already enough to live better. If that happens, remember where you started.
If that’s already enough, having 1 Bitcoin can be more than enough as its value will be more than $10M. This is ridiculous, and unrealistic in short that formula didn’t work in real life. I do believe on Bitcoin as much as possible, there’s no doubt about this but if you are going to see this formula realistically, you’ll realize that there is something more and you should take cautious. Bitcoin is a good investment but remember if there’s an offer that is too good to be true, better to stay away because it can be a scam.

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April 30, 2023, 11:26:21 AM
 #27

Have you ever wonder how lucrative or powerful Bitcoin is in the crypto world.
And you ask yourself(especially as a beginner in cryptocurrency business) can 1 Bitcoin make you a millionaire? Now listen!
The  creator of swiss key,kyle kemper created a formula that determines how much Bitcoin one has to own in relation to the value of the world's wealth and the rise of a Bitcoin over time.
According to Kemper's formula: A person need a total of 0.06624605 BTC in order to guarantee wealth worth $1 million.
These are all just speculations and there is basically no reality or login in them, the calculations are also based on speculations and not data since there is basically no data available from the future, and if data from the past and present are used to evaluate something, that is considered speculating, so that's basically what it is.

We understand the potential of Bitcoin, and that it can reach a very high value at some point in the future but we can't determine the actual value it will reach nor we can know the exact time, all we can do is make speculations and predictions based on its current value and present data.

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April 30, 2023, 11:34:32 AM
 #28

That's according to Kemper but not in my opinion. Someone should try to have more than that amount of BTC because not everyone wants to accept the presence of BTC.

Bitcoin has shown its power to all of us, especially those who have followed BTC's journey from its inception until now. And they want to have more BTC because it means they can better prepare for their future.

Having 1 BTC might guarantee one's wealth but nowadays, to own 1 BTC requires hard work because the price is no longer as cheap as it was a few years ago.

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April 30, 2023, 02:57:02 PM
 #29

According to Kemper's formula: A person need a total of 0.06624605 BTC in order to guarantee wealth worth $1 million.
I ask myself once this happens, how worthful 1$ million dollars is going to be... With accelerated inflation, our fiat currencies, including dollar, are leading us to loss of purchasing power along the years. Central banks keep printing money, raising wages, while products and services also increase in costs. In the end it's just a makeup to give the masses the impression the economy is thriving.

The only thing thriving for real is the number of digits on our daily transactions. What you could acquire before for 10$, now you need 100$. What costed 1000$, now costs 10,000$... At some point to be a millionaire won't mean a big deal anymore.

So, be prepared to hold much more than 0.06624605BTC if you aim life quality and stability.

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May 02, 2023, 05:39:34 AM
 #30

That's according to Kemper but not in my opinion. Someone should try to have more than that amount of BTC because not everyone wants to accept the presence of BTC.

Bitcoin has shown its power to all of us, especially those who have followed BTC's journey from its inception until now. And they want to have more BTC because it means they can better prepare for their future.

Having 1 BTC might guarantee one's wealth but nowadays, to own 1 BTC requires hard work because the price is no longer as cheap as it was a few years ago.
No one should stop accumulating more Bitcoins only because someone made a prediction that owning 0.06 BTC in the future will be enough for someone to be a millionaire, there is no reality in that but it is just a speculation that might become true but we never know, so it's better to have as many as you possibly can.

Buying or accumulating Bitcoins isn't that expensive right now, it will be more difficult in the future for sure since there will be more adoption and the demand will increase. So it's better if someone buys and holds on to their Bitcoins from now on instead of waiting for a better opportunity.

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May 02, 2023, 09:48:49 AM
 #31

Bitcoin power is of course increasingly respected and now more and more countries are making regulations because the number of users continues to grow, moreover the support from many large companies will certainly make bitcoin's role more important and reckoned with in the future.

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