How many people should get rich and how much is rich?

[CtrlAltBernanke420]

Is there no carrying capacity of bitcoin? Unlike that of a petri dish.


Anyways, how many people should be able to get rich off bitcoin. Is there a limit of how many and or when bitcoiner's can get rich.

There is something about bitcoin that seems it could be a major economic driver with its frictionless abilities.


Does it matter if bitcoin's price is $1 $50 $100 $250 $300 $350, $1265, $2000, $5000?

How is that bankers have not been able to think of this… Perhaps they have but would dare go near it for it destroys their model, Why can't i simply send dollars or any arbitrary value measure, via any sort of technology medium that can also perhaps create a network, like effect..hmmm..

[1714962213]

1714962213

[abcdave]

Getting rich should just by a byproduct of bitcoin. If you believe in bitcoin and have chosen to invest time and money in it then maybe the may get rich eventually depending on how many coins they have and hold, though it's not a guarantee and I don't think people should be getting into bitcoin just to be rewarded this way though that's up to them. As for the limit, there is no limit but that will be dictated by the market and supply and demand and obviously how many coins they hold.

[medUSA]

Anyways, how many people should be able to get rich off bitcoin. Is there a limit of how many and or when bitcoiner's can get rich.

Bitcoin doesn't get people rich now. Very early adopters who mined thousands of bitcoin might be rich now. We have already passed that phase. Current Bitcoin users/adopters might profit from bitcoin in the future, we wouldn't be life-changing "rich".

[CtrlAltBernanke420]

Anyways, how many people should be able to get rich off bitcoin. Is there a limit of how many and or when bitcoiner's can get rich.

Bitcoin doesn't get people rich now. Very early adopters who mined thousands of bitcoin might be rich now. We have already passed that phase. Current Bitcoin users/adopters might profit from bitcoin in the future, we wouldn't be life-changing "rich".

So owning 1 bitcoin will never be a life changer you think?

[CtrlAltBernanke420]

Getting rich should just by a byproduct of bitcoin. If you believe in bitcoin and have chosen to invest time and money in it then maybe the may get rich eventually depending on how many coins they have and hold, though it's not a guarantee and I don't think people should be getting into bitcoin just to be rewarded this way though that's up to them. As for the limit, there is no limit but that will be dictated by the market and supply and demand and obviously how many coins they hold.

you didn't really answer any question posed.. Nice try. Yay you can type words.

[sAt0sHiFanClub]

So owning 1 bitcoin will never be a life changer you think?

Define 'life changing'? Are you hoping for 1 bitcoin to be worth $1m+?

And what are you doing to deliver this?

[innocent93]

Remember a few people are holding the most Bitcoins right now, even Bitcoin hit the 10,000$, only few people will benefit from it, most people are small-amount holder.

[BigBertie]

thats an interesting question really

depends where you are sitting

in a HIGH office

or down at home on a Monday morning
after a weekend in Greater Manchester

[chennan]

We know there are only a few ppl sitting on large amount of bitcoin and being super rich in bitcoin. They are luck enough to get involved in it early. But most of bitcoin holders are just hoping to get rich in one night. It is impossible now. We need true believers who can hold, spend them and help improve its ecosystem. Probably one day we will find it worth the contributed time and money.

[gambit1]

If you want to business with bitcoin and get rich then great. Speculation get richery is passe.

If you just want to get rich easy then you need an alt. With its recent fall in price, litecoins looking pretty good to me.

[OpenOcean]

Anyways, how many people should be able to get rich off bitcoin. Is there a limit of how many and or when bitcoiner's can get rich.

Bitcoin doesn't get people rich now. Very early adopters who mined thousands of bitcoin might be rich now. We have already passed that phase. Current Bitcoin users/adopters might profit from bitcoin in the future, we wouldn't be life-changing "rich".

So owning 1 bitcoin will never be a life changer you think?

I personally can't say whether holding one bitcoin will be a life-changer or not, but if you want to increase the chances of becoming rich INNOVATE! Especially now that you have a sophisticated field built on simple concepts in which the incumbent powers are currently overlooking (they won't be overlooking for long).

The people who bought and shared early added a lot. They literally risked their income. What can we add now that is relevant and pushes the protocol forward with the same sort of importance? What is the risk we have to overcome now to earn a reward to mirror those before us?

[neoneros]

There is a finite amount of BTC, when those are out, the value of bitcoin is determined by the largest group of users, those willing to spend the coins for simple things in life, housing, food and water. Those who want to be rich will stay rich and cling to their bitcoin and assets bought with it, the world will not change dramaticly.

[1Referee]

The smartest people (very early adopters) in Bitcoin had the chance to get filthy rich very quickly.

This isn't the case anymore. Sure, if you have a load of fiat to trade with you can make good profits, but it won't be anything like some years ago.

But hey, no one knows how much Bitcoin is worth in 2020... Perhaps WE are still early adopters.

[Beliathon]

Everyone deserves to be rich. How much is rich? An abundance of close friends and family who love and respect you.

[pooya87]

how many people should be able to get rich off bitcoin. Is there a limit of how many and or when bitcoiner's can get rich?
the number of people who will get rich from bitcoin will be small since there are a lot of maipulation in price and as a result a lot of panic sells and stuff like that.

There is something about bitcoin that seems it could be a major economic driver with its frictionless abilities.


Does it matter if bitcoin's price is $1 $50 $100 $250 $300 $350, $1265, $2000, $5000?
i think not! no matter what the price is or will be there always will be some people (experienced traders) who will profit by trading bitcoin at any price and fill their pockets while others buy with the hope of da moon and sell on the first deny in price!

[Daniel91]

In different countries in the world we have different standard what is ''rich'' man.
I don't think that is possible that each person in the world become rich or each bitcoin user become reach.
This will never happen.
If UN statistic is correct, 1 % of world population owns 99% of the world's wealth.
I think that this answer your question.

[cambda]

Does it matter if bitcoin's price is $1 $50 $100 $250 $300 $350, $1265, $2000, $5000?

In some extremes like $1 per Bitcoin it does matter, because there are limited amount of 21 million of Bitcoins, trades worth ten million $ in Bitcoins would be impossible.

[oldmaid]

That's a great question for the whole world of money. How many rich people can a system support? It seems to depend on the system and how RICH each group is. The US seems to be a top system, and 1 million seems to be what we consider rich. So the US system is supporting 9.63 million millionaires. Is that like 3% or something... It would be great to contrast that with historical data and see if the system is getting stronger or weaker.

[numanoid]

Man! i want to be rich

[runpaint]

I think the OP is a random assortment of words generated by a bot.