Quote from: Renr on December 04, 2017, 07:19:26 PM

Quote from: Rludd on December 04, 2017, 07:10:47 PM

Quote from: worldofcoins on December 04, 2017, 07:33:57 AM

The title says it all get 0.01 btc and you are on ur way to becoming a millionaire, you already are one if you do not know the true value of bitcoins, cough cough Satoshis. Forget about owning a full bitcoin, you want to earn satoshis, which we call the units of 0 and 1 or Mbits milibitcoins. Soon a few years from now 1 satoshi will be the equivalent of 1 USD or Euro if money is still around. You know yes most of you missed the billion dollar train but still you have time to have a million dollars worth of satoshis. so if you do the math owning 0.10,000,000 = 10 million USD so if you own 0.01 that makes it 1 million dollars.

You are wondering why I am saying bitcoin is worth 100 million dollars right? We have a long way to go. Cough cough, Many factors that contribute the value of 1 bitcoin being worth 100 million dollars. Well Bitcoin is not just a local or gov owned store of value, its competing with Fiat currency all over the world, from USD, to the YEN. There are many factors I can shoot out but one major one is that Bitcoin is becoming mainstreamed and the fact there is probably going to be 16 million bitcoins in circulation, why I said 16 mil? because they are probably around 5 million bitcoins lost. If you want to add to this topic any more factors that reason why you are already sitting on a million dollars, please be free to do so.

If you own 1/4 of a single bitcoin you will be a millionaire in 15 years

I went to the store the other day and the bread was already $2.50. So the price only has to double once. At 7% annual inflation, that is already expected to occur within 10 years. In 2027, we can expect to see $5 loafs of bread.

This is the point.
We are used to analize Bitcoin from inside Bitcoin world, but outside there's also a world that's changeing very fast. And thre are a lot of factors that can determine Bitcoin value.
Prices of goods are rising, a smartphone can costs $1000 or more and for the same price you can buy a cheap car, food is scarce for a half or most of the population of the planet...we are payng double for most of prices and services that a 2 decades ago....
What if Bitcoin hodlers are indirectly participating to a big shift that's breaking up with fiat money and starting a new era of digital money owned by that part of the population that owns goods, resources and...power?

I don't like this panorama and I am not supporting this elites (if they exist), it's only a theory .....and it could be an incentive to re-think what we would/should do if we became millionaires

Bitcoin market cap just passed Visa.....

believe it or not but are in the middle of a revolution
Cheers