Quote from: rpietila on April 22, 2014, 01:35:14 PM

Quote from: uvwvj on April 22, 2014, 01:20:42 PM

Quote from: rpietila on April 22, 2014, 12:24:00 PM

- Number of Bitcoin millionaires at this price ($500) is about 400. This means that only 400 people worldwide can raise a $million by selling bitcoins, but about 30,000,000 people can invest a $million to buy bitcoins (without going into debt).

Remember my friend 30 mil people are fiat Millionaires but most are not liquid, and a $1mil dollar investment into bitcoins without having a $10 mil dollar estate (10%) is quite risky even now.

Similarly none of my friends in the BTC2,000-BTC20,000 range intends to sell bitcoins worth $1M at these prices, so that puts both numbers in the same ballpark

Of course not because if they wanted to sell they would have sell by now Tongue