Post
Topic
Board Bitcoin Discussion
Re: You want to be a millionaire? if you own 0.01 btc you already are
by
worldofcoins
on 09/12/2017, 08:33:01 UTC
Honestly, this thread gives me back to mood and make me smile hehehe, although because i have more than 0.01 BTC and thinking what if this thread say's true? In the next few incoming years bitcoin will become $1m per BTC? How does is it? Then all bitcoiners right now technically would become millionaire if they still doing bitcoin before bitcoin become $1m hehehe

Yes but I think and hope at that time we can buy products with bitcoin without exchanging it back into fiat.  I do not want to convert back bitcoin into something like fiat ever again.  I want to be half dependent on government money.



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.
   
Edit: It seems a few of you are agreeing and few are not.  I remember a time the few of you said the same thing about 10,000 USD a bitcoin.  I remember when they said that about 1,000 USD.  Guess what they are all kicking their arses now. 

Here is another factor to add that Bitcoin a World Wide curreny that is competing with fiat.

https://www.google.ro/search?q=how+many+people+in+the+world&ie=utf-8&oe=utf-8&client=firefox-b-ab&gws_rd=cr&dcr=0&ei=b0gmWuzOGOHWjwTI9bz4BQ


Edit:  Another add you should read https://www.cnbc.com/2017/12/09/bitcoin-cameron-winklevoss-predicts-multitrillion-dollar-value-for-cryptocurrency.html

Winklevoss just made this prediction as well.


I own more than 0.01 that means I a millionaire cough cough I am not yet lol. Bitcoin rising to levels that we have never seen before, and that is good and bad. First I'll tell you why it's good, with increase in price's, we should see more and more people coming in Bitcoins, more usage for the crypto king. Why I don't like it cause, price increase is being done by the future people, these corporates are here to mess the coin and countries shall end up banning it. Currently I am not a millionaire, but someday hope to be.

I agree I do not like the fact CME group futures is doing, they think they are helping bitcoin but in honestly is not fair to others who were true believers.  These people can speculate and buy bitcoins, and make profit by manipulation.  Who knows if that is the plan, I think are job is not buy anymore bitcoins and let them pump the coin.  I think we might have a 5.000 USD crash after the first week of January as well.  I really hate the fact bitcoin is being used as a fast money making investment.  What can we do?  Ride the waves baby