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cbeast
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July 26, 2014, 06:46:44 PM |
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There probably already is a trillionaire in the House of Saud. If not, then the next war will make one.
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Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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tntdgcr
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July 26, 2014, 06:48:58 PM |
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depends , do you think there might not be a couple controlling parties with so much time to put together so many trusts, corps, and businesses over decades or generations to be worth over that ?
By not being able to enumerate them all, we'd never know
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OregonMines is expanding. Are you expanding with us?
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franky1
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July 26, 2014, 06:52:21 PM |
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firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths
secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire..
so i dont think so..
i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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adoni
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July 26, 2014, 06:56:36 PM |
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Actually I've read that the first trillion dollar company may be a bitcoin related company
Satoshi is like the mist, vapor, intelligence reports say the name is FAKE
So if he does have 1M coins 1K btc makes he only a billionaire
$100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin
Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin
Apple is or is one of the top valued companies in the world, only 600Bil in cap value.
Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read.
I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people.
Through reading the core code.
So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are
That's my OPinion
Now you can all say Satoshi is real, he exists etc.
Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard.
So let's say it was 4 people, 250K of the 1M stash each then
But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc
If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO
Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins.
So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc
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farlack
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July 26, 2014, 07:00:22 PM |
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firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths
secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire..
so i dont think so..
i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
Actually you're right, its more like 900,000.
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keanbosch
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July 26, 2014, 07:09:27 PM |
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AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them.
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“It’s money 2.0, a huge huge huge deal.”
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franky1
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July 26, 2014, 07:22:02 PM |
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firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths
secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire..
so i dont think so..
i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
Actually you're right, its more like 900,000. nope its not. the FUD about how many coins he got is based on people adding together all the different addresses of the coins from january 2009 forward for a few months.. but im sad to say that satoshi, hal finney, and a few other notable names all were mining at the same time. it was not just satoshi by himself. by christmas 2009 theres were DOZENS of people mining, not just 5, i only used 5 in last post as a random number, but there were alot more.. so they were all sharing the rewards out, meaning its impossible for satoshi to have anywhere close to 900k - 1mil coins. sorry but that bubble of fud had to burst so lets just break down 2 years of mining. (5.25mill coins.) 1year=2.625 so lets say there were 10 people mining bitcoin version 0.1 for the first month-to a year satoshi gets 262,500 coins lets say by december 2010 there were 3000+ people (oh look theres a user registration number to prove the number of users went that high at the time https://bitcointalk.org/index.php?action=profile;u=3027) so knowing there was 2.6 mill coins generated in that year and upto 3k users in the bitcoin ecosystem.. equates to less then 1000 coins obviously 2010-2011 more users and the year satoshi vanishes. again less than 1000 coins., bringing the more realisti total to be under 300k.. but lets pretend that for 3 years (2009-2011) there were only 10 people.. yea lets play that exaggeration game even though the link proves there were thousands of users as of 2011.. but 10 people would only equal 787500 coins he would have over the 3 years.. not 900k, not 1 million.. but like i said that me exaggerating the low populations.. where as the reality puts satoshi to hoard AT MOST 300k coins..
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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slaveforanunnak1
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July 26, 2014, 07:26:54 PM |
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i think the Rothschilds are already trillionaires
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BitCoinDream
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July 26, 2014, 07:45:12 PM |
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AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them.
LoLz... there is a world outside USA where IRS cant do anything. There probably already is a trillionaire in the House of Saud. If not, then the next war will make one.
But, AFAIK there is no confirmed trillionaire individual as of yet.
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Meuh6879
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July 26, 2014, 07:55:37 PM |
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not a problem if he sells regulary is trillon of "equivalent in FIAT money" to beginner entering in bitcoin...
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BitCoinDream
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July 26, 2014, 08:05:42 PM |
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firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths
secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire..
so i dont think so..
i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
I have a statistical explanation why 1 BTC may equal 1M USD in future... Value of 1 BTC (around figure) 2009 => 10 -2 USD 2010 => 10 -1 USD 2011 => 10 0 USD 2012 => 10 1 USD 2013 => 10 2 USD 2014 => 10 3 USD 2015 => 10 4 USD 2016 => 10 5 USD 2017 => 10 6 USD --- Early Adoption Ends Here and The Price Stabilizes ---
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Inotanewbie
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July 26, 2014, 08:09:17 PM |
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firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths
secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire..
so i dont think so..
i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
I have a statistical explanation why 1 BTC may equal 1M USD in future... Value of 1 BTC (around figure) 2009 => 10 -2 USD 2010 => 10 -1 USD 2011 => 10 0 USD 2012 => 10 1 USD 2013 => 10 2 USD 2014 => 10 3 USD 2015 => 10 4 USD 2016 => 10 5 USD 2017 => 10 6 USD --- Early Adoption Ends Here and The Price Stabilizes --- I don't think it is realistic for bitcoin to have a 1000% return every year for this long.
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BitCoinDream
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July 26, 2014, 08:14:22 PM |
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firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths
secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire..
so i dont think so..
i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
I have a statistical explanation why 1 BTC may equal 1M USD in future... Value of 1 BTC (around figure) 2009 => 10 -2 USD 2010 => 10 -1 USD 2011 => 10 0 USD 2012 => 10 1 USD 2013 => 10 2 USD 2014 => 10 3 USD 2015 => 10 4 USD 2016 => 10 5 USD 2017 => 10 6 USD --- Early Adoption Ends Here and The Price Stabilizes --- I don't think it is realistic for bitcoin to have a 1000% return every year for this long. If u look upto 2014, i.e. 2/3rd of the total period under consideration, the figures are almost true. Rather 2014 target of 1000 usd has already been achieved in 2013 and it'll most likely repeat in 2014.
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Chef Ramsay
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July 26, 2014, 09:45:31 PM |
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No way to confirm exactly but it's not crazy talk to say that the Rothschild family has trillions in assets and bank ownerships throughout the world.
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keithers
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July 27, 2014, 12:37:33 AM |
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AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them.
Don't think there are any trillionaires in the United States. Elsewhere would be out of IRS reach..
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S133p
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July 27, 2014, 12:51:48 AM |
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firstly satoshi does not own 1mill coins. sorry but just no..
between 2009-2011 5 mill coins were produced. and trust me there were more then 5 people mining.. do the maths
secondly lets say satoshi had 500k coins instead (again exaggerated but lets roll with it) would require each coin to be worth $2m each.. or if we use the FUD amount of a 1million coin hoard, it would be $1mill a coin for him to be a trillionaire..
so i dont think so..
i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
I have a statistical explanation why 1 BTC may equal 1M USD in future... Value of 1 BTC (around figure) 2009 => 10 -2 USD 2010 => 10 -1 USD 2011 => 10 0 USD 2012 => 10 1 USD 2013 => 10 2 USD 2014 => 10 3 USD 2015 => 10 4 USD 2016 => 10 5 USD 2017 => 10 6 USD --- Early Adoption Ends Here and The Price Stabilizes --- I don't think it is realistic for bitcoin to have a 1000% return every year for this long. If u look upto 2014, i.e. 2/3rd of the total period under consideration, the figures are almost true. Rather 2014 target of 1000 usd has already been achieved in 2013 and it'll most likely repeat in 2014. at one point the law of large numbers will take effect to prevent further growth at these rates. You should also keep in mind that previously the market cap of bitcoin was very small.
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Lorenzo
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July 27, 2014, 01:16:36 AM |
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Well, Satoshi has 1 million bitcoins, or about 1/21 of all the BTC that will ever exist. If Bitcoin's market cap ever reaches $21 trillion, then he would be a trillionaire.
In such a world, 1 BTC would be worth $1 million, and 1,000 BTC would be worth $1 billion. Other than hyperinflation, the only possible way this could happen is if Bitcoin completely replaced all the world's fiat.
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adoni
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July 27, 2014, 01:29:56 AM |
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even on a million btc it would have to get to 240K a btc
since the gov will want 60% in taxes
so 2.4 tril nets you a trillionaire
haha
you make a trillion you only got 400Billion
hehe
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ThomasCrowne
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July 27, 2014, 01:30:55 AM |
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i think the Rothschilds are already trillionaires
Agreed. If you take their combined family fortune wealth/assets and add them all up far in excess of a trillion dollars imho.
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