Are you a member of the Millionaire Club? - page 3.

pinkpanther03

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Quote from: Dorky on April 02, 2017, 09:18:29 AM

Description:
Bitcoin supply is limited to 21 million units.
If each person owns 21 Bitcoin, there would be just 1 million persons that own all Bitcoin (pardon any deviation in ownership).
Thus if you own at least 21 Bitcoin, then you are part of the 1 million population of Bitcoin owners.
Are you part of the Club?

Mark of the BTC

No, I'm not a member of the Millionaire club but its cool to hear that if you are part of it, isn't? but I do believed I'm close to that position Wink

but for now need to work hard to achieve my goals of earnings this year 2017 Wink

boris singer

sr. member

Activity: 882

Merit: 268

21 bitcoin is nominal that's still affordable for now although I haven't reached the nominal amount, especially if the issue of bitcoin unlimited really dominated the market will happen actually be more affordable. I hope in future, wallet security will be improved because it will be a lot of gaps and spam fighting to rob our bitcoin.

richardsNY

legendary

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BTC is nothing more than one of the several nominations that we have. If we're talking about units, then it's better to say that the supply is limited to just under 2,100,000,000,000,000 units aka satoshi's. From there it's pointless to focus on reaching 21 BTC since it's nothing more than information being displayed at GUI level for the sake of easiness. You can switch to mBTC or uBTC whenever you want to change the 'unit' quantity.

Yakamoto

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I'm still pretty far away from being a one-in-a-million when it comes to Bitcoin, but I'm kind of hoping that I get to reach that point one day. If I was a bit more dedicated time-wise and I had the opportunities to becoming more involved and earn more Bitcoin, then I might have been in that place by now, but for right now I'm still sitting at least a few BTC away form that target.

I'm more than one in 21 million, though.

bitbunnny

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Unfortunately I'm not in 21 club. I wish I was, this is a very nice sum. The worst thing is that I had great chance to owe such amount of Bitcoins and even more but I've missed it and missed my opportunity to get a very well backed up with Bitcoins.
Anyway, my congratulations to everyone who has 21 Bitcoins in the wallet.

Hazir

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Quote from: dserrano5 on April 02, 2017, 11:48:13 AM

Quote from: NorrisK on April 02, 2017, 11:19:30 AM

Nothing is worse than not declaring your bitcoin and in 5 years sitting a million USD in fiat that you cannot use because there is no way to explain to the IRS how you paid for that new car or house.

—I suck dick. They pay well.

You made my day with that comment. I loled so hard. The sad part is that you might be right here Wink

Quote from: franky1 on April 02, 2017, 11:55:55 AM

Quote from: QuestionAuthority on April 02, 2017, 11:50:50 AM

LOL, 21 btc. That's what most of the old time miners earned their first few days or week of mining. There's a ton of people around here that have a lot more than 21 coins.

shhh, or the sigspammers earning pennies a month will get jealous and start plotting

franky1 we all know that you are very rich bitcoin whale, anyone with activity higher than 1500 is, that is a proven fact. /jk

As for me I joined BTC hype train in 2014, with no capital to invest in BTC and poor decision making with BTC trading led me nowhere.
With high BTC price there is no way I will ever own 21 BTC.

alani123

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There are several people that are actively do Fri bring to the Bitcoin economy July buying BTC and using it for services but don't accumulate coins. With it's volatilitg, Bitcoin isn't the store of wealth for everyone.

scox

full member

Activity: 147

Merit: 100

Excuse the technicality but aren't bitcoin millionaires people who own $1m< in Bitcoin?
Hehe stated my nonsensical punch line, yes I do have well over 21 bitcoin and enjoy my non US residency far from those IRS tax vultures.

PS @LE/IRS, you know I'm just trying to show off and don't actually have a penny. Please let me be... I'm having trouble with rent.

franky1

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Activity: 4410

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Quote from: QuestionAuthority on April 02, 2017, 11:50:50 AM

LOL, 21 btc. That's what most of the old time miners earned their first few days or week of mining. There's a ton of people around here that have a lot more than 21 coins.

shhh, or the sigspammers earning pennies a month will get jealous and start plotting

QuestionAuthority

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You lead and I'll watch you walk away.

LOL, 21 btc. That's what most of the old time miners earned their first few days or week of mining. There's a ton of people around here that have a lot more than 21 coins.

dserrano5

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Quote from: Dorky on April 02, 2017, 09:18:29 AM

If each person owns 21 Bitcoin, there would be just 1 million persons that own all Bitcoin (pardon any deviation in ownership).
Thus if you own at least 21 Bitcoin, then you are part of the 1 million population of Bitcoin owners.
Are you part of the Club?

I think you really mean "millionth" instead of "millionaire". The first thing "millionaire" suggests to me is having one million of something, either BTC or fiat. Having one million BTC is unreasonable. Having one million fiat depends on where are you from.

Quote from: NorrisK on April 02, 2017, 11:19:30 AM

Nothing is worse than not declaring your bitcoin and in 5 years sitting a million USD in fiat that you cannot use because there is no way to explain to the IRS how you paid for that new car or house.

—I suck dick. They pay well.

LTU_btc

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Offcourse not, I don't have 21 bitcoins. It's worth more than $21000 and I'm very far from such amount of btc.
I'm not sure that you will get many responses from people who have 21 bitcoins and more. Mostly people don't want to share in public what they have in their wallets. They don't want publicity I think.

amacar2

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I don't own more than 21 bitcoin, i even don't have BTC in two digit. May be i own around 3-4 bitcoin but i am quite sure the one who own 21+ bitcoin may not admit it in comment and the one who may post it may also not have that amount in reality. So this types of poll may not be give any accurate data Grin

NorrisK

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Quote from: BrewMaster on April 02, 2017, 09:55:13 AM

Quote from: franky1 on April 02, 2017, 09:31:55 AM

id suggest vote. but dont admit to such in comments or your messages inbox will get spammed with lots of people wanting to be your best friend and offering you links to go visit

first of which is going to be the good old IRS guys coming and knocking at your door to ask for their share of the money which you forgot to pay them. Wink

That should not be a problem if you simply declare your bitcoin holdings to the IRS.

Nothing is worse than not declaring your bitcoin and in 5 years sitting a million USD in fiat that you cannot use because there is no way to explain to the IRS how you paid for that new car or house.

Be smart and pay your taxes, makes your life a lot easier.

Emoclaw

sr. member

Activity: 420

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I just came here to ruin the party.
The millionaire club cannot exist, simply because some Bitcoins have been lost, due to loss of wallets.
Those Bitcoins do exist, but they can't be recovered with today's technology.
Therefore its impossible for 1 million people to have 21 BTC each.

edit: I'm also far away from 21 BTC.

ralle14

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Quote from: Dorky on April 02, 2017, 09:18:29 AM

Are you part of the Club?

No. I always spend my bitcoins on something that's why I won't become a part of the club that you're talking about. Highest amount that I had in my wallet overall was 2+ btc still not even close to 21.

Quote from: BrewMaster on April 02, 2017, 09:55:13 AM

Quote from: franky1 on April 02, 2017, 09:31:55 AM

id suggest vote. but dont admit to such in comments or your messages inbox will get spammed with lots of people wanting to be your best friend and offering you links to go visit

first of which is going to be the good old IRS guys coming and knocking at your door to ask for their share of the money which you forgot to pay them. Wink

Depends if you're in the US or not. Wink

pseexh

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Quote from: ethereumhunter on April 02, 2017, 09:57:07 AM

i am not yet in the millionaire club because i don't have 21 bitcoin in my wallet but i have a dream that i can make more bitcoin by doing trading and other ways. for people that don't have money and only have small part of bitcoin, they can feel its hard and difficult to earn more bitcoin but i am sure that they can do it like others people.

In my purse is now less than bitcoin, so I do not have a place in the club of millionaires. But I also hope that soon everything will change and I will earn a lot of bitcoins))

ethereumhunter

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i am not yet in the millionaire club because i don't have 21 bitcoin in my wallet but i have a dream that i can make more bitcoin by doing trading and other ways. for people that don't have money and only have small part of bitcoin, they can feel its hard and difficult to earn more bitcoin but i am sure that they can do it like others people.

BrewMaster

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Quote from: franky1 on April 02, 2017, 09:31:55 AM

id suggest vote. but dont admit to such in comments or your messages inbox will get spammed with lots of people wanting to be your best friend and offering you links to go visit

first of which is going to be the good old IRS guys coming and knocking at your door to ask for their share of the money which you forgot to pay them. Wink

franky1

legendary

Activity: 4410

Merit: 4766

id suggest vote. but dont admit to such in comments or your messages inbox will get spammed with lots of people wanting to be your best friend and offering you links to go visit

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