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Author Topic: Where are all those millionaires?  (Read 2485 times)
btcxyzzz (OP)
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January 18, 2015, 12:01:25 PM
Last edit: January 18, 2015, 04:09:45 PM by btcxyzzz
 #1

Wtf.. 10 million of dollars are just a dimes for many people out there.. I can't understand how they already didn't realised Bitcoin is superb store of value, better than fiat and gold. Why they don't put just a part of their wealth in it?

And where the fuck is Satoshi to support his project with this million of BTC he owns?

Token Bubbles – Transforming the ICO Rating and Analysis Space.
spiderbrain
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January 18, 2015, 12:04:49 PM
 #2

They are waiting for the bottom, just like everyone else. And they will wait too long, also just like everyone else. Satoshi is no doubt keeping his head down, as would I in his circumstances.

erre
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January 18, 2015, 12:07:37 PM
 #3

Satoshi lost the private keys.

And the people for whom " 10 million usd are just dimes" won't bother about a so tiny market, they won't put in so much effort and risk for making less than dimes...

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btcxyzzz (OP)
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January 18, 2015, 04:10:57 PM
 #4

Bitcoin rise was 100x in 2013. I doubt next bubble will be anything below 10x, and you can't call that just a dimes...

Token Bubbles – Transforming the ICO Rating and Analysis Space.
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January 18, 2015, 04:14:14 PM
 #5

They did get in.  Ever heard of Tim Draper?  He thought somewhere in the $500's was a good deal and I bet he's not even worried right now.  Oh, and the Winklevoss twins.  

Just because millionaires aren't advertising that they bought coins doesn't mean they didn't.  Bitcoin is supposed to be private for a reason.

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January 18, 2015, 04:22:44 PM
 #6

Tim Draper is the laughing stock of his peers.

He really didn't know much about Bitcoin when he got in. Did you hear his speech the day after he won the auction? The guy doesn't know the fundamentals of Bitcoin at all. His son told him to buy so he went balls in.
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January 18, 2015, 04:24:11 PM
 #7

They're already in.
There are 10 people holding 1 million BTC each, so half of the supply is in the hand of 10 people.






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Brewins
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January 18, 2015, 04:30:39 PM
 #8

They're already in.
There are 10 people holding 1 million BTC each, so half of the supply is in the hand of 10 people.


How can you know it?

(remember the same people might have multiple addresses)


Also the supply increases every day
ronald98
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January 18, 2015, 05:21:50 PM
 #9

They're already in.
There are 10 people holding 1 million BTC each, so half of the supply is in the hand of 10 people.


How can you know it?

(remember the same people might have multiple addresses)


Also the supply increases every day

You cannot know that for sure, the biggest address only holds 157,997 bitcoins.

http://bitcoinrichlist.com/top100
elephantas1
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January 18, 2015, 05:34:52 PM
 #10

They are waiting for the bottom, just like everyone else. And they will wait too long, also just like everyone else. Satoshi is no doubt keeping his head down, as would I in his circumstances.
you cant say will wait too long like everyone, because i dont wait with my bitcoins
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January 18, 2015, 06:17:23 PM
 #11

Wtf.. 10 million of dollars are just a dimes for many people out there.. I can't understand how they already didn't realised Bitcoin is superb store of value, better than fiat and gold. Why they don't put just a part of their wealth in it?

And where the fuck is Satoshi to support his project with this million of BTC he owns?

Do you think that after seeing Winklevoss Brothers getting involved in this are getting out of this, anyone would take interest in such a small community... Yes, small... I am sorry to say that, but its been 6 years now and BTC is still in development phase with so many bugs to be dealt with... Its not yet accepted by people like us only, yes, most of people don't know what BTC is and why they should get in...

As far as Satoshi is concerned, he ain't only responsible alone for this... Even if Mark Zuckerberg throws in $10 million into this, it wouldn't cost him anything, but he will only look currently into what he will get... Let's share this as a technology... Smiley

btcxyzzz (OP)
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January 18, 2015, 07:48:27 PM
 #12

Winklewoss Brothers getting out? Where did you hear that?

As for Satoshi, here's an idea how he should spend his BTC, he would stay anonymous:
https://bitcointalk.org/index.php?topic=784545.msg8840162#msg8840162

Token Bubbles – Transforming the ICO Rating and Analysis Space.
flipstyle
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January 18, 2015, 07:54:14 PM
 #13

Wtf.. 10 million of dollars are just a dimes for many people out there.. I can't understand how they already didn't realised Bitcoin is superb store of value, better than fiat and gold. Why they don't put just a part of their wealth in it?

And where the fuck is Satoshi to support his project with this million of BTC he owns?

Want to know why they're millionaires and you're not?

Because like...you know...they actually make 'sound' investment choices.  Aka NOT stuff like bitcoin.

btcxyzzz (OP)
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January 18, 2015, 08:01:30 PM
 #14

Since Bitcoin is the greatest invention since Internet, I wouldn't say it's not a sound investment.

Token Bubbles – Transforming the ICO Rating and Analysis Space.
Meuh6879
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January 18, 2015, 08:13:52 PM
 #15

Why they don't put just a part of their wealth in it?

because IRS is here.
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January 18, 2015, 08:30:42 PM
 #16

Wtf.. 10 million of dollars are just a dimes for many people out there.. I can't understand how they already didn't realised Bitcoin is superb store of value, better than fiat and gold. Why they don't put just a part of their wealth in it?

And where the fuck is Satoshi to support his project with this million of BTC he owns?

Ask this dude called "BitcoinMillionaire". But I think he is not millionaire anymore.

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January 18, 2015, 08:33:30 PM
 #17

They are silent about their investments, like almost all millionaires always are
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January 18, 2015, 08:43:04 PM
 #18

And where the fuck is Satoshi to support his project with this million of BTC he owns?

How is he supposed to support BTC price with his million BTCs? At best he can sell which is not supporting it.


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January 18, 2015, 10:03:33 PM
 #19

And where the fuck is Satoshi to support his project with this million of BTC he owns?

How is he supposed to support BTC price with his million BTCs? At best he can sell which is not supporting it.

he could have sold many million at 1k value, who know, he would be sitting on a mountain of dollars/euro, he can surely buy back and rise the current value
btcxyzzz (OP)
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January 18, 2015, 11:17:10 PM
 #20

How is he supposed to support BTC price with his million BTCs? At best he can sell which is not supporting it.

https://bitcointalk.org/index.php?topic=784545

Token Bubbles – Transforming the ICO Rating and Analysis Space.
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