jbreher
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lose: unfind ... loose: untight
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July 29, 2014, 09:02:20 PM |
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Assuming he had all 21million coins that aren't even out yet, I think the price would need to be about 5000 per coin(I am just mathing here folks).....
You may think you are mathing, but you are not. Not by an order of magnitude.
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Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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RocketSingh
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July 29, 2014, 09:36:14 PM |
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Even if Satoshi became the world's first trillionaire, he could't sell all his stash for that much money. The market would have to grow many orders of magnitude to be even remotely able to absorb such a big amount of coins!
He cannot become a trillionaire unless the Bitcoin price skyrockets from what it is now. Assuming he had all 21million coins that aren't even out yet, I think the price would need to be about 5000 per coin( I am just mathing here folks)..... LoLz... u r really weak in math... r not u ?
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CreationLayer
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July 30, 2014, 01:39:22 AM |
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I firmly believe that Satoshi is a collaboration of 3-4 developers, that likely mined early but the coins were distributed among them.
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RocketSingh
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July 30, 2014, 09:06:50 AM |
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I firmly believe that Satoshi is a collaboration of 3-4 developers, that likely mined early but the coins were distributed among them.
But the blockchain analysis does not support your point of view.
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upal (OP)
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August 16, 2014, 09:15:14 AM |
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I expected at least few analytical comments on the article by those who read it. But interestingly people focussed on the word trillionaire and kept bashing here ...anyways !!!
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Sheldor333
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August 16, 2014, 02:51:08 PM |
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Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
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BitCoinDream
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The revolution will be digital
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August 16, 2014, 03:05:05 PM |
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Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD.
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zen2
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August 16, 2014, 03:08:00 PM |
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I think not but 21 Mio People Give 1 mio Dollar for 1 BTC in any Time
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bomb177
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August 16, 2014, 03:46:16 PM |
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Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. In my opinion bitcoin won't reach 1 million USD ever, it should be the world currency to hit that value.
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leex1528
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August 16, 2014, 03:49:26 PM |
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No, since he is not 1 person he cannot be a trillionaire. Even if they have 1 million bitcoins(Which I highly doubt they do) they probably split them up between the group, so say there are 5 of them(No idea how many there are) that would mean each person has 200,000 coins. Which means each coin would need to be worth like 100 million dollars......Keep dreaming.
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JLynn171
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August 16, 2014, 03:51:43 PM |
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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. yeah pretty sure their networth is about 400 Trillion lol
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Daniel91
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August 16, 2014, 04:03:10 PM |
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Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. In my opinion bitcoin won't reach 1 million USD ever, it should be the world currency to hit that value. Yes, I agree. In fact, several countries should accept bitcoin as their currency and maybe, in such case, such scenario can happen. I doubt this will happen in the near future.
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Sheldor333
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August 16, 2014, 04:06:42 PM |
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Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. I didn't think he had millions of btc but millions of fiat currency that he could have gotten when btc was 1000$, so making him a fiat millionaire. Still I do think there are people out there that have million of btc.
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bryant.coleman
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August 16, 2014, 06:23:45 PM |
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Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. Total world wealth is less than $200 trillion, and less than 5% of that is in the form of fiat cash. Even if BTC could capture 10% of the fiat market share, its market cap would only come to $1 trillion. With 1 million coins, Satoshi's stash will be worth some $50 billion.
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BitCoinDream
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August 17, 2014, 09:25:27 AM |
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Why do you think that he has lots of BTC. Most of the people that invented some good stuff never got that much out of their inventions, some of them even died in poverty. I think he might have millions but more then that don't think so.
Satoshi's million USD holding can make him a trillionaire, if 1 Bitcoin equals 1 Million USD. Total world wealth is less than $200 trillion, and less than 5% of that is in the form of fiat cash. Even if BTC could capture 10% of the fiat market share, its market cap would only come to $1 trillion. With 1 million coins, Satoshi's stash will be worth some $50 billion. Where did u get that data that the total world wealth is less than $200 trillion ? Any authentic source to support that claim ?
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RocketSingh
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August 18, 2014, 08:10:54 PM |
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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. yeah pretty sure their networth is about 400 Trillion lol They are a family... not an individual. Bill Gates has more wealth than a single Rothschilds.
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BitCoinDream
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September 08, 2014, 10:33:54 PM |
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The suspected trillionaire has just asked for some coins from theymos The email said: Michael, send me some coins before I hitman you. Not exactly Satoshi's normal style. @theymos does an email get expired on gmx.com ?
I don't know. Have u received previous mails from him ? Did he use to sign those ?
I did receive emails from him in 2010. He didn't sign them.
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oceans
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September 09, 2014, 12:06:28 AM |
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Not too sure about him becoming the worlds first trillionaire that would take a lot and I am sure he works with people whom he would need to share anything he gets with so I don't personally see this being the case.
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LumphiniGarden
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September 09, 2014, 12:19:44 AM |
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Well, technically it's possible.
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blatchcorm
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September 09, 2014, 02:53:41 AM |
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Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time
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