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Topic: 100 bitcoins. Will I be a millionaire by 2020? - page 29. (Read 77417 times)

franckuestein
legendary
Activity: 1960
Merit: 1130
Truth will out!
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 03:48:58 PM
#457
Quote from: gurbar_nakub on June 16, 2015, 03:09:31 PM
Quote from: (Lithium) on February 07, 2015, 10:15:14 AM
as Satoshi said, you will either be a millionaire or have nothing by 2020

(you can easily find the quote)

when satoshi said like that? i dont know really.
if like satoshi said, 2020 is our real gamble tobe a millionaire or bummer???

No.
It has nothing to do with price or being a millionaire. What satoshi said is that (s)he's sure that in 20 years there will either be very large transaction volume or no volume.

Quote from: satoshi on February 14, 2010, 10:52:23 AM
Right.  Otherwise we couldn't have a finite limit of 21 million coins, because there would always need to be some minimum reward for generating.  In a few decades when the reward gets too small, the transaction fee will become the main compensation for nodes.  I'm sure that in 20 years there will either be very large transaction volume or no volume.
https://bitcointalksearch.org/topic/m.329
gurbar_nakub
sr. member
Activity: 323
Merit: 250
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 03:09:31 PM
#456
Quote from: (Lithium) on February 07, 2015, 10:15:14 AM
as Satoshi said, you will either be a millionaire or have nothing by 2020

(you can easily find the quote)

when satoshi said like that? i dont know really.
if like satoshi said, 2020 is our real gamble tobe a millionaire or bummer???
tiggytomb
legendary
Activity: 1848
Merit: 1000
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 03:02:42 PM
#455
There is a chance you could be, there is a chance that money will not matter be it a slim as hell chance but we never know.  I'm holding out for a Star Trek way of trade lol
lissandra
sr. member
Activity: 434
Merit: 250
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 02:52:48 PM
#454
Quote from: mr.coinstrader on June 16, 2015, 11:04:22 AM
if you make decent profit (and i think you will be able) don´t forget to direct some btc towards charity. it is good for your karma Smiley

karma lol.

people believe the superstitious view of karma? if shit happens shit happens, and as for charity we got plenty of those that non-profits pay themself in other ways. Its a form of business.
techgeek
hero member
Activity: 826
Merit: 1000
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 02:08:28 PM
#453
Quote from: franckuestein on June 16, 2015, 01:55:50 PM
IMAO, there's no need to worry about the current price or where it's going to be tomorrow.
The important thing about bitcoin is its potential, so... everything else will come as time goes on.

Yeah, the price isnt important. But, it just helps to motivate people to help and hold their coins.

I mean I already see being it used constantly for greeces events, with their financial stress of people wanting to move their money fast.
franckuestein
legendary
Activity: 1960
Merit: 1130
Truth will out!
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 01:55:50 PM
#452
IMAO, there's no need to worry about the current price or where it's going to be tomorrow.
The important thing about bitcoin is its potential, so... everything else will come as time goes on.
techgeek
hero member
Activity: 826
Merit: 1000
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 01:45:55 PM
#451
Quote from: lister storm on June 16, 2015, 11:29:45 AM
since Bitcoin has a golden future (I hope maybe in 5 or 10 years, hopefully sooner) you will be paid very well.

and what if did doesnt in the 10 years lol.

bitcoin is still trying to get a new userbase from somewhere, anywhere pretty much at this point.
lister storm
hero member
Activity: 770
Merit: 500
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 11:29:45 AM
#450
since Bitcoin has a golden future (I hope maybe in 5 or 10 years, hopefully sooner) you will be paid very well.
mr.coinstrader
sr. member
Activity: 278
Merit: 250
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 11:04:22 AM
#449
if you make decent profit (and i think you will be able) don´t forget to direct some btc towards charity. it is good for your karma Smiley
gringo1990
newbie
Activity: 20
Merit: 0
Re: 100 bitcoins. Will I be a millionaire by 2020?
June 16, 2015, 10:22:59 AM
#448
Well with it being at 244$ current I think people will eventually dump again and it will go back down but we atleast hit a new level so it can't go too low. Even CNY has surpassed 1500 per coin, so hopefully it will keep rising....Just gotta roll with them punch's Smiley
yefi
legendary
Activity: 2842
Merit: 1511
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 17, 2015, 06:33:06 PM
#447
Quote from: randy8777 on May 17, 2015, 01:48:14 PM
Quote from: thebenjamincode on May 17, 2015, 05:37:36 AM
Quote from: ekissane on February 07, 2015, 10:11:12 AM
What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

wow! did you really have that many bitcoins?
i hope that bitcoin would be well known by 2020 for it to happen

hell no. that dude is just talking trash. people who own a lot are quiet about their holdings. people who don't have much are loud while they don't have much. dreamers..

Registered April 19, 2011? Methinks not.
randy8777
legendary
Activity: 896
Merit: 1000
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 17, 2015, 01:48:14 PM
#446
Quote from: thebenjamincode on May 17, 2015, 05:37:36 AM
Quote from: ekissane on February 07, 2015, 10:11:12 AM
What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

wow! did you really have that many bitcoins?
i hope that bitcoin would be well known by 2020 for it to happen

hell no. that dude is just talking trash. people who own a lot are quiet about their holdings. people who don't have much are loud while they don't have much. dreamers..
thebenjamincode
hero member
Activity: 490
Merit: 500
37iGtdUJc2xXTDkw5TQZJQX1Wb98gSLYVP
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 17, 2015, 05:37:36 AM
#445
Quote from: ekissane on February 07, 2015, 10:11:12 AM
What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.

wow! did you really have that many bitcoins?
i hope that bitcoin would be well known by 2020 for it to happen
gentlemand
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 17, 2015, 05:20:46 AM
#444
Quote from: huadylmate on May 17, 2015, 04:05:00 AM
I don't want to pop your bubble but you will not be a millionaire from just 100btc OP but you obviously have a chance to get $100k Now get saving for 1000butcoins and then you have a nice chance at breaking $1million.

So you'd need to pour in $235,000 now for a chance of making $1 mil in five years? Considering the risks, that are still very apparent, I'd want guaranteed odds.
huadylmate
full member
Activity: 215
Merit: 100
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 17, 2015, 04:05:00 AM
#443
I don't want to pop your bubble but you will not be a millionaire from just 100btc OP but you obviously have a chance to get $100k Now get saving for 1000butcoins and then you have a nice chance at breaking $1million if that is your desire to break $1million I personally could not care less lol
Amph
legendary
Activity: 3248
Merit: 1070
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 17, 2015, 03:21:30 AM
#442
Quote from: Denker on May 16, 2015, 11:47:13 AM
Quote from: futureofbitcoin on May 16, 2015, 10:41:44 AM
Quote from: avalonboy on May 16, 2015, 06:44:47 AM
Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future  Grin
1.2 billion would be about a third of the marketcap today...

Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance.

it must be said that there is the long scale and the short scale, in the long scale 1 billion is 1kkkk in the shor is just 1kkk

they can be confused quite easily, also billion make you think about two million in a row so 1000.000.000.000, but that is actually a trillion in the short scale
rjclarke2000
legendary
Activity: 1358
Merit: 1016
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 16, 2015, 05:17:21 PM
#441
Quote from: Biodom on May 16, 2015, 05:08:51 PM
Quote from: rjclarke2000 on May 16, 2015, 05:03:05 PM
Quote from: Biodom on May 16, 2015, 04:54:30 PM
Quote from: Denker on May 16, 2015, 11:47:13 AM
Quote from: futureofbitcoin on May 16, 2015, 10:41:44 AM
Quote from: avalonboy on May 16, 2015, 06:44:47 AM
Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future  Grin
1.2 billion would be about a third of the marketcap today...

Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance.

interesting, so "trillion" is called "billion" in german.
Confusing as heck for US folks.
I see... billion is called milliard(e).
Further, next one after is billiard (10^12), then trillion (10^18 instead of US 10^12).
so european trillion =a million of american trillions


Not all of Europe. Unless I am being a total retard 1000 billion in the UK is a trillion

yeah, probably just continental
I wonder if a bank in France tries to pay a "billion" to UK, someone might get unhappy, LOL


Well they can send it to me and I guarantee I won't be unhappy no matter if the amount of zeros aren't correct!!
Biodom
legendary
Activity: 3892
Merit: 4331
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 16, 2015, 05:08:51 PM
#440
Quote from: rjclarke2000 on May 16, 2015, 05:03:05 PM
Quote from: Biodom on May 16, 2015, 04:54:30 PM
Quote from: Denker on May 16, 2015, 11:47:13 AM
Quote from: futureofbitcoin on May 16, 2015, 10:41:44 AM
Quote from: avalonboy on May 16, 2015, 06:44:47 AM
Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future  Grin
1.2 billion would be about a third of the marketcap today...

Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance.

interesting, so "trillion" is called "billion" in german.
Confusing as heck for US folks.
I see... billion is called milliard(e).
Further, next one after is billiard (10^12), then trillion (10^18 instead of US 10^12).
so european trillion =a million of american trillions


Not all of Europe. Unless I am being a total retard 1000 billion in the UK is a trillion

yeah, probably just continental
I wonder if a bank in France tries to pay a "billion" to UK, someone might get unhappy, LOL
rjclarke2000
legendary
Activity: 1358
Merit: 1016
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 16, 2015, 05:03:05 PM
#439
Quote from: Biodom on May 16, 2015, 04:54:30 PM
Quote from: Denker on May 16, 2015, 11:47:13 AM
Quote from: futureofbitcoin on May 16, 2015, 10:41:44 AM
Quote from: avalonboy on May 16, 2015, 06:44:47 AM
Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future  Grin
1.2 billion would be about a third of the marketcap today...

Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance.

interesting, so "trillion" is called "billion" in german.
Confusing as heck for US folks.
I see... billion is called milliard(e).
Further, next one after is billiard (10^12), then trillion (10^18 instead of US 10^12).
so european trillion =a million of american trillions


Not all of Europe. Unless I am being a total retard 1000 billion in the UK is a trillion
rjclarke2000
legendary
Activity: 1358
Merit: 1016
Re: 100 bitcoins. Will I be a millionaire by 2020?
May 16, 2015, 04:59:38 PM
#438
Quote from: Biodom on May 16, 2015, 04:54:30 PM
Quote from: Denker on May 16, 2015, 11:47:13 AM
Quote from: futureofbitcoin on May 16, 2015, 10:41:44 AM
Quote from: avalonboy on May 16, 2015, 06:44:47 AM
Goldman Sachs predicts 1,2 bilions USD in bitcoin market . It is 50 000 USD for 1 BTC in future  Grin
1.2 billion would be about a third of the marketcap today...

Maybe he is not native english and has mistaken billion with trillion. This would be the case in german for instance.

interesting, so "trillion" is called "billion" in german.
Confusing as heck for US folks.
I see... billion is called milliarde.

A trillion dollar market cap would be the most amazing thing to see. I hope to see this one day.
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