BitCoinDream
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The revolution will be digital
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September 09, 2014, 08:28:42 AM |
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Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time
That would be a very light statement in my opinion. World's strongest currency wont evaporate in air overnight. |
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MasterCasino
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September 09, 2014, 12:15:53 PM |
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Satoshi Nakamoto is not one person. He is atleast 20 people in the making. |
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minerpumpkin
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September 09, 2014, 12:35:10 PM |
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Well I believe that we mustn't confuse the value of the Bitcoins one holds with the potential money you can get for them. The total market cap doesn't reflect the actual amount of money put into Bitcoin, after all! |
I should have gotten into Bitcoin back in 1992...
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spazzdla
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September 09, 2014, 12:46:49 PM |
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The Rothschilds beat him/her/them to it.
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BitCoinDream
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The revolution will be digital
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September 09, 2014, 04:39:46 PM |
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The Rothschilds beat him/her/them to it.
Which individual Rothschilds u r talking about ? They are a family who are into business for generations... |
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LiteCoinGuy
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In Satoshi I Trust
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September 09, 2014, 04:43:56 PM |
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first trillionaire ? i guess not anymore  |
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TaunSew
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September 09, 2014, 05:48:18 PM |
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Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time
That would be a very light statement in my opinion. World's strongest currency wont evaporate in air overnight. Maybe not trillionaires but the currency did lose 98% of its' purchasing power since the 1910s. $10 million today, based on historic inflation, might only be worth the equivalent of lower six figures in 40 years. Of course the world, with all its' debt, is in a very peculiar state compared to the Cold War decades and inflation could surpass historic inflation. In some ways most people already know this - there's a reason why the middle class, once getting their paycheque, puts their money into real estate or gives it to investment funds who promise returns beyond inflation. |
There ain't no Revolution like a NEMolution. The only solution is Bitcoin's dissolution! NEM!
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BitCoinDream
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Activity: 2394
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The revolution will be digital
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September 09, 2014, 05:57:56 PM |
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Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time
That would be a very light statement in my opinion. World's strongest currency wont evaporate in air overnight. Maybe not trillionaires but the currency did lose 98% of its' purchasing power since the 1910s. $10 million today, based on historic inflation, might only be worth the equivalent of lower six figures in 40 years. Of course the world, with all its' debt, is in a very peculiar state compared to the Cold War decades and inflation could surpass historic inflation. In some ways most people already know this - there's a reason why the middle class, once getting their paycheque, puts their money into real estate or gives it to investment funds who promise returns beyond inflation. On the contrary, Bitcoin is a deflationary currency in nature as its supply diminishes with time and demand increases. So, at some point, rather than real estate or other legacy investment funds, people may chose to invest in Bitcoin as a better store of it value. |
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leex1528
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September 09, 2014, 06:13:14 PM |
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We really got to stop posting in threads like this because obviously no, he will not, and it is bumping an old thread too.
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Orangina
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September 09, 2014, 06:32:32 PM |
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We will never know who is Satoshi  |
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lemfuture
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September 09, 2014, 06:34:29 PM |
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We will never know who is Satoshi he and his peer knows |
1ADLcfwTofFXb95pKhebpeRkJ4WTWsvQXB
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daimyo
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September 09, 2014, 06:47:03 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.
maybe we all are gonna be trillionaires after a next war... assuming that a loaf of bread costs a billion dollars  |
Value does not exist outside of human consciousness
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Yeni78
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September 09, 2014, 11:29:39 PM |
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first trillionaire ? i guess not anymore They control the printing press. They control the Federal Reserve. |
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Bobblehead Pete
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September 10, 2014, 01:57:42 PM |
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We will never know who is Satoshi he and his peer knows I still believe that Satoshi is not an "is" |
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btchaste
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September 10, 2014, 02:54:36 PM |
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Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire.
The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! |
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jazzhot
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September 10, 2014, 03:14:44 PM |
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Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire.
The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! But, only 21,000,000 coins will exist. If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire. |
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BitCoinDream
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The revolution will be digital
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September 10, 2014, 05:21:24 PM |
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Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire.
The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! But, only 21,000,000 coins will exist. If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire. We can all be trillionaires, if we measure our wealth in grains of rice. The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro... let alone grains of rice. |
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InwardContour
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September 10, 2014, 06:48:50 PM |
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Trillionaires cannot exist with bitcoin. The highest status you can achieve is millionaire.
The thread is about Satoshi, not us simple users, if we will be millionaires then Nakamoto could be trillionaire for sure! But, only 21,000,000 coins will exist. If one bitcoin will be valued 1 million dollar then Satoshi will be trillionaire. We can all be trillionaires, if we measure our wealth in grains of rice. The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro... let alone grains of rice. If we count 1 satoshi as the unit of measure than we will have many trillionaires in the future. |
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BitCoinDream
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The revolution will be digital
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September 10, 2014, 10:55:49 PM |
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This is still fantasy.
Bitcoin will have many competitors soon. Who knows what the price will be.
If u r talking about Alts, none is close as of yet. The combined market-cap of all the alts are far lower than Bitcoin's market-cap alone. |
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dankkk
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September 11, 2014, 11:38:08 PM |
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This is still fantasy.
Bitcoin will have many competitors soon. Who knows what the price will be.
If u r talking about Alts, none is close as of yet. The combined market-cap of all the alts are far lower than Bitcoin's market-cap alone. I read an article several months ago that said the combined market cap for all altcoins is roughly 20% of that of bitcoin, although I think this number has gone down as altcoins have done poorly over the past several months. Another issue with this is that altcoins are much less secure then bitcoin is, and when you add that to the fact that altcoins add nothing to the table that bitcoin does not provide you will result in all altcoins ultimately failing. |
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