This forum is full of future millionaires

[jonald_fyookball]

What are you smokin this morning

[Parazyd]

Rolling weed in paper wallets

[zimmah]

You would either need a very big army or have to know about some old country laws you can exploit to claim some unclaimed land and declare it a sovereign nation. And then wait until you're accepted by the other countries.

And there lies your problem. Why should they accept you? Just look at what's happening in Libya and Ukraine, it isn't easy to convince other nations of the validity of your claims.

But if you literally build a nation from scratch in international waters, then you are not stepping on anyones toes, thus making it easier to be accepted. My own personal utopian dream is that this is Satoshi's grand plan when one bitcoin is valued at one million USD (at 2014 USD value).

they would still need to accept you, it doesn't matter if you create your own island by digging up sand and mud from the ocean depths and dump it somewhere else in the ocean. It doesn't even matter if you would claim the moon as your own personal country. Or build a country from space debris. As long as other countries don't recognize you as a country, you're simply not a country, period.

[MICRO]

$5k in August?

By looking at this : . I must say it looks way to good to be ignored. I just cant get it off my mind So good graph.

[Jesu]

I don't think it's for certain that loads of people will become millionaires. The opposite could also happen and people become poor after they wasted their time, but I hope this doesn't happen.

[zimmah]

$5k in August?

By looking at this : . I must say it looks way to good to be ignored. I just cant get it off my mind So good graph.

I used another graph, but similar.

It may seem outrageous now, but let's see in 2 year how much of my predictions become truth or not.

[silentgwad]

Well, as most of the bitcoin holders are actually playing the day-to-day trading game, I don't really think we'll see that much millionaires guys here

[LavaWave]

I don't think it's for certain that loads of people will become millionaires. The opposite could also happen and people become poor after they wasted their time, but I hope this doesn't happen.

Yeah lets hope this doesn't happen! 

[Balls]

Well, as most of the bitcoin holders are actually playing the day-to-day trading game, I don't really think we'll see that much millionaires guys here

I think most of the bitcoin holders are just doing that and holding rather than trading.

[Parazyd]

I think most of the bitcoin holders are just doing that and holding rather than trading.

That's why it's called hodling.

But hell of a lot of people trade daily.

[Yeezus]

I don't think it's for certain that loads of people will become millionaires. The opposite could also happen and people become poor after they wasted their time, but I hope this doesn't happen.

Yeah lets hope this doesn't happen! 

I cant see this happening unless a flaw or something is found. Bitcoin will be around for a while yet.

[mvidetto]

If 1 bitcoin is valued at $1 million then one satoshi would be worth 1 cent.  Coincidence? I think not.

[Balls]

If 1 bitcoin is valued at $1 million then one satoshi would be worth 1 cent.  Coincidence? I think not.

Man, I hope that becomes true at some point. I'd be a millionaire!  I think 1 million per coin is a bit far fetched though.

[Parazyd]

If 1 bitcoin is valued at $1 million then one satoshi would be worth 1 cent.  Coincidence? I think not.

Man, I hope that becomes true at some point. I'd be a millionaire!  I think 1 million per coin is a bit far fetched though.

Why's it farfetched? There's enough satoshis for everyone

[Ibian]

We are the 0.1%

anyone holding over 10 bitcoin today will probably have 1 million USD (in today's purchasing power) in 10-20 years.
most of the fiat pundits who mock bitcoin today will be eating their hat when the USD finally implodes.
be glad you are lucky enough to be here in this moment in time when bitcoin is first invented, it will be quite a story to tell...

Who Is really interested in bitcoins and are hoping them to go over $100k will probably have more than 10 bitcoins because at the current price 10 bitcoins are only over $6k dollars and who can say that It's a lot? Those who think BTC will hop to 100k have at least 100 I think. And those who own 10 or something are just safely experimenting.

Some of us are poor.

[seleme]

Doubt 10 BTC would be enough to become a millionaire but 100 might be.

[Ibian]

Final price is going to be at least $100k. Possibly within 5 years or less. Likely less, in fact.

[okthen]

It's a nice idea, but really I don't believe we'll reach $100,00 USD a coin anytime soon. I doubt it'd even be in my lifetime. It would take massive adoption by nearly everyone in most major economies for us to have the price spike to that point - and realistically I doubt that will be the case until we can convince laypeople to use Bitcoin (considering that most don't understand it).

Agreed, it's a nice idea!

So $100,000/BTC by 2024?

It is actually possible, there will be some Bitcoiners on here that will hold for 10 years  

Like to think I'm a fairly logical person, have to concede that valuation is not outrageous

my prediction: (remember where you heard it first)

Code:

Aug 2014 - $5 000
Dec 2014 - $2 500
Apr 2015 - $45 000
Jun 2015 - $10 000 (and probably mass panic, but this will be a 'normal' correction)
Dec 2015 - $300 000
May 2016 - $100 000
Aug 2016 - $1 000 000+

Predictions this far in the future are unreliable, but i still think i'll be pretty close.

I like this prediction!
It's extremely bullish of course, but at least you also try to predict the "downs" after the bubble tops.
Even though, as I said elsewhere, I see 5000 as such a commonly used value for the next bubble that I think bitcoin will do its thing and surpass it 

[Parazyd]

Doubt 10 BTC would be enough to become a millionaire but 100 might be.

What about 41.193725231 BTC?

[jonald_fyookball]

$5k in August?

By looking at this : . I must say it looks way to good to be ignored. I just cant get it off my mind So good graph.

I used another graph, but similar.

It may seem outrageous now, but let's see in 2 year how much of my predictions become truth or not.

That's the folly of looking at a logarithm based price graph.  Look at a linear price graph to see what actually happened.  Not saying it won't go up a lot in the future but I really really REALLY doubt were gonna see 5k in August.