Re: I am pretty confident we are the new wealthy elite, gentlemen.

Are you currently putting all your money into bitcoin? If you say this, you show you believe it by your actions. I am putting all my money into bitcoin - I see a possibility of $50-$100+ per coin this year. Just think, once the "bankers" and hedge funds find out about this, we are going to the moon. Once my bitcoins are $1,000+ I will be able to pay off my growing college loans and maybe get an apartment, and my first car

What a dream? see this guy was talking just like a year ago and now see his dream turned to reality.

even faster than 1 year. I bought bitcoin when dump before fork last month about $ 2500 and I still hold it if I sell it now I can earn about $800- $1000 for 1 month. this is my lucky moment I plan to sell it this week if bitcoin does not show a price increase.

Yeah, right... Roll Eyes

Come to this thread and talk about selling and getting some kind of mediocre short-term profits, Roll Eyes

when I believe part of the lesson of this thread, should be, to hodl and accumulate BTC rather than thinking about cashing out for some mediocre amount of fiat profits.. ...

Accordingly, if you hodl and accumulate BTC, then it becomes much more likely that you can become part of "the new wealthy elite, gentlemen", and don't you want that? Huh

What is a better investment? Where you going to put it, if not BTC?

$10k-$40k is probably the target, and will probably be stable for a while. That's a marketcap of about $200B - $750B, roughly akin to the world's biggest companies.

But I think >$10k is unlikely until after 2020. That said, back in 2011/12, I thought $1000 was many years away, so what do I know.