Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 10/01/2018, 22:33:51 UTC
btc price 10 Jan 17 $883
today $14120  I can live with that
I only look at the yearly chart too.

Yep, it really depends on how much you initially invested into it. I may not get superrich with it, but it´s a blast. Even if it goes down by half, or so.
People forget the timeline here. My bank would have given me one or two percent for my money, per fcking year !
No risk, no fun.



You enter the category of "superrich" at 30 million USD. I suspect a lot of the old bitcoiners in this thread are getting fairly close soon.



You could be correct for once, fatty patty.

However, there could be a bit of a definitional argument here too regarding exactly where the threshold for "super" rich is.

Even with a $10 million value in stash, you have the ability to pretty much count on about a $30k per month passive income - which surely seems decently in the super rich category because $30k per month would be coming from passive income.  That seems pretty decent to me, so if we  3x that, then we have nearly $100k per month passive income, which surely is better, but I am not sure if such levels of passivity is necessary to be considered "super" rich?

But I do see the argument, too, that even though $10million is very comfortably in the rich category, it does not quite get to the "super" rich arena.

Maybe in the end, I am coming around to agreeing with you, fatty patty?