The day that could make us all millionaires!

[cuddaloreappu]

OP are you the child of two bulls?

 I wish to be..

[leezay]

Speculator who think bitcoin will make them rich is what make me so pessimist in the coin.

Do early adopter expect price to go up this high?

[cuddaloreappu]

Speculator who think bitcoin will make them rich is what make me so pessimist in the coin.

Do early adopter expect price to go up this high?

why is there a general aversion to speculators and Hodlers ?

That is because the speculator will cash out one day causing the price to fall down and even sometimes crash the market,this is the reason people hate and even say speculation is the mother of all evil..

But think again when it comes to bicoin, a speculator trying to buy bitcoin now and wishing to dump it at when it reaches a million dollar per coin , would never do so because the whole economy will be changed to a point where you can buy almost anything and everything with bitcoins, that is the reason a bitcoin goes for a million dollar each, with that the need to sell bitcoin does not arise for the speculator and he just spends the coin ultimately further strengthening the bitcoin economy.

So in bitcoin case it is very different, there will be no crash after the million dollar bitcoin.

[cuddaloreappu]

I only own .40 BTC

Will someone lend me .60BTC so I can feel like a millionaire when this all happens?

I promise I'll send it back after I'm done feeling like a millionaire. Promise.

Do not worry, i think there wont be a rally atleast for the next 3 months, so keep buying in small amount until you reach 1 btc, and if you feel if 1 btc is a decent investment, then read this

https://bitcointalk.org/index.php?topic=641800.0

[enhu]

hope it will happen though. by that time, I wonder how much will be the value of a million USD in excahnge to a commodity 

[Bit_Happy]

I only own .40 BTC

Will someone lend me .60BTC so I can feel like a millionaire when this all happens?

I promise I'll send it back after I'm done feeling like a millionaire. Promise.

You still have time to earn/buy more BTC while it is under $1,000, but we are all running out of time.

[ThatDGuy]

I only own .40 BTC

Will someone lend me .60BTC so I can feel like a millionaire when this all happens?

I promise I'll send it back after I'm done feeling like a millionaire. Promise.

You still have time to earn/buy more BTC while it is under $1,000, but we are all running out of time.

I've felt that way since it was under 200 - still feels like it now.  Can't get BTC fast enough.

[Skele]

anyone who owns a whole bitcoin is already a millionaire in Mongolian tugrik - 1 BTC -> 1,152,900 Tugrik approximately.

ha ha 
+1

And what the f*ck am i doing in this country? Let's everyone move to Mongolia !

[bitcoinsrus]

anyone who owns a whole bitcoin is already a millionaire in Mongolian tugrik - 1 BTC -> 1,152,900 Tugrik approximately.

ha ha 
+1

And what the f*ck am i doing in this country? Let's everyone move to Mongolia !

[howardb]

Too many people spend too much time considering what will drive the price of bitcoin up. I tend to look at it the other way around, in that fiat is on a road to it's own demise, what can governments do to reverse that? Once you realise the difficulties involved in answering that, then the certainty of crypto dominance in general and bitcoin in particular becomes apparent. The question is when not if, you could spend your life searching in vain for an alternative to invest in with a more certain future than bitcoin. Just be prepared to be patient and HODL FOREVER!

[Benjig]

I only own .40 BTC

Will someone lend me .60BTC so I can feel like a millionaire when this all happens?

I promise I'll send it back after I'm done feeling like a millionaire. Promise.

Do not worry, i think there wont be a rally atleast for the next 3 months, so keep buying in small amount until you reach 1 btc, and if you feel if 1 btc is a decent investment, then read this

https://bitcointalk.org/index.php?topic=641800.0

Yeah we have plenty of time still to buy more until the next rally, you can take it a saving money .

[SirChiko]

Hah would be nice indeed, but because of unlimited coin supply dogecoin will never reach 1$.

[Erdogan]

The day bitcoin goes for a million dollar each

same day each litecoin goes for 10,000 dollars each

each peer coin goes for 1000 dollars,

each dogecoin goes for 1 dollar,


We all become truly the elite wealthy gentlemen, from the greatest wealth redistribution ever in human history.

Hope far transcends metcalfe's law and technical models.

The millennium begins with this great economic story at the early part of the century.

till the day,

HOPE & HODL

If you want to be a millionaire you should go out and do something awesome to try to earn a million dollars instead of just hodling bitcoin in hopes that it becomes worth a million dollars and you become rich doing nothing =/

Something like shuffle manure around, just quicker than anyone else? Maybe super long days and no vacations? No. Every fortune that has been created by means of merit, has been made by creating something new, a new process, meeting the demand of customers in a better way than the competition (those created without merit, of course by exploiting the force of the government).

Bitcoin was created by the inventor, helped by the developers, executed by the miners, supported by the service companies. The important holders are the ones that envisioned and still envision what it can be, a super effective money system. The holders make sure the coin has value before it's effectiveness in fact can be demonstrated. There are two goals. To be a store of value, taking waste of resources like houses out of the saving process, and shaving off at least 2-3 percent cost of every fucking trade in the world. That is progress, and the holders take part in creating that.

[cuddaloreappu]

The day bitcoin goes for a million dollar each

same day each litecoin goes for 10,000 dollars each

each peer coin goes for 1000 dollars,

each dogecoin goes for 1 dollar,


We all become truly the elite wealthy gentlemen, from the greatest wealth redistribution ever in human history.

Hope far transcends metcalfe's law and technical models.

The millennium begins with this great economic story at the early part of the century.

till the day,

HOPE & HODL

If you want to be a millionaire you should go out and do something awesome to try to earn a million dollars instead of just hodling bitcoin in hopes that it becomes worth a million dollars and you become rich doing nothing =/

Something like shuffle manure around, just quicker than anyone else? Maybe super long days and no vacations? No. Every fortune that has been created by means of merit, has been made by creating something new, a new process, meeting the demand of customers in a better way than the competition (those created without merit, of course by exploiting the force of the government).

Bitcoin was created by the inventor, helped by the developers, executed by the miners, supported by the service companies. The important holders are the ones that envisioned and still envision what it can be, a super effective money system. The holders make sure the coin has value before it's effectiveness in fact can be demonstrated. There are two goals. To be a store of value, taking waste of resources like houses out of the saving process, and shaving off at least 2-3 percent cost of every fucking trade in the world. That is progress, and the holders take part in creating that.

well said..

[Harley997]

"dogecoin goes for 1 dollar,"

Someone drank the special special koolaid today.

LOL. The day that a DOGE trades for $1 will be the day that is after a major period of hyper inflation with the US dollar.

[Zawamiya]

Only if darkcoin price rise to 1million each....

[TheJuice]

The dot.com bubble in the late 1990s was $7 trillion and it created billionaires like Mark Kuban overnight.    It's technically amazing things got that big considering that estimates suggest only like 2% of the world's population was even using the internet (compared to 39% today). 

 The more recent housing bubble of 2008 was $10 trillion.  Worldwide there's $97 trillion investments, of which $2 trillion is gold.  There's also $400 trillion in derivatives.

Crypto currencies at $10 billion is almost nothing - dropbox is worth more than Bitcoin and yet I don't see governments around the world trying to ban dropbox or write laws on it.  The governments already realize the potential in crypto currencies but it's an education issue we are facing.  The merchants could really speed up things if they offered 1% to 2% discounts to people who pay in crypto currencies.


I'm convinced crypto currencies will be trillions but it's a guessing game who'll receive the most share.   The thing is Bitcoin's capitalization is so small relative to the size of this potential market (trillions) that Bitcoin might still be replaced by a present or upcoming alternate.


 

Good analysis. If BTC = GOLD then that would be a 500x increase. Seems about right over the next years/decade.

[T.Stuart]

I'm convinced crypto currencies will be trillions but it's a guessing game who'll receive the most share.   The thing is Bitcoin's capitalization is so small relative to the size of this potential market (trillions) that Bitcoin might still be replaced by a present or upcoming alternate.

I can't see another alt overtaking Bitcoin without some serious manipulation going on. The established ones have pretty pathetic track records and it seems like every new one is a get-rich quick project for the devs / pump groups or an outright scam.

Say though, for the sake of facile argument, Mark Zuckerburg decided to throw his backing behind something like Reddcoin by letting them use Facebook as a platform for their "social currency"... partnerships with already established big business and things like that might begin shifting the balance of power, although to be honest in the above scenario I could see Litecoin being surpassed but not Bitcoin, by a long shot yet.

[Bit_Happy]

The day bitcoin goes for a million dollar each

same day each litecoin goes for 10,000 dollars each

each peer coin goes for 1000 dollars,

each dogecoin goes for 1 dollar,


We all become truly the elite wealthy gentlemen, from the greatest wealth redistribution ever in human history.

Hope far transcends metcalfe's law and technical models.

The millennium begins with this great economic story at the early part of the century.

till the day,

HOPE & HODL

Congrats you are VERY HIGH on Bitcoins.
Is this your first really good buzz? 

[Zohann]

Too many people spend too much time considering what will drive the price of bitcoin up. I tend to look at it the other way around, in that fiat is on a road to it's own demise, what can governments do to reverse that? Once you realise the difficulties involved in answering that, then the certainty of crypto dominance in general and bitcoin in particular becomes apparent. The question is when not if, you could spend your life searching in vain for an alternative to invest in with a more certain future than bitcoin. Just be prepared to be patient and HODL FOREVER!

I think this way too.. Well put!