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Topic: Bill Gates: "Bitcoin is a techno tour de force." (Read 12219 times)

legendary
Activity: 1652
Merit: 1015
September 12, 2013, 02:01:25 PM
#63
I'm sure he's pushing MS to get their own altcoin out there.  Given their penchant for ambiguous names that co-opt standard definitions, they'll probably name it something like MSbitcoin, bitcoin.dollars, or MSBucks.

MS altcoin. Oh dear. Bet it would be proprietary closed source.
sr. member
Activity: 504
Merit: 250
Bill Gates was Steve Jobs without megalomania
legendary
Activity: 2101
Merit: 1061

Maybe BIll Gates is really Satoshi  Shocked
sr. member
Activity: 364
Merit: 253
Maybe he's mining all the windows computers around the world! Yes! Grin
legendary
Activity: 1008
Merit: 1003
WePower.red
Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

$3125 (injecting that amount of $$ into the Bitcoin market would result in this price)

Right now, someone with about $10 million could push the price above $1000 on Mtgox.

Yea right - someone in other thread just calculated with $8M we went up $40 or so. And your math is from Mars?


Read the post above mine first. Reality is smth different.
FNG
hero member
Activity: 588
Merit: 500
Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

$3125 (injecting that amount of $$ into the Bitcoin market would result in this price)

Right now, someone with about $10 million could push the price above $1000 on Mtgox.

Yea right - someone in other thread just calculated with $8M we went up $40 or so. And your math is from Mars?
legendary
Activity: 1008
Merit: 1003
WePower.red
Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

$3125 (injecting that amount of $$ into the Bitcoin market would result in this price)

Right now, someone with about $10 million could push the price above $1000 on Mtgox.

Yea right - someone in other thread just calculated with $8M we went up $40 or so. And your math is from Mars?
newbie
Activity: 21
Merit: 0
Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

$3125 (injecting that amount of $$ into the Bitcoin market would result in this price)

Right now, someone with about $10 million could push the price above $1000 on Mtgox.
sr. member
Activity: 294
Merit: 250
This bull will try to shake you off. Hold tight!
Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

$3125 (injecting that amount of $$ into the Bitcoin market would result in this price)

How do you calculate that number?

So Bill Gates his wealth is 50 billion, 25 billion injection and then?
sr. member
Activity: 278
Merit: 251
Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

$3125 (injecting that amount of $$ into the Bitcoin market would result in this price)
legendary
Activity: 1148
Merit: 1010
In Satoshi I Trust
is the Munger guy dead Embarrassed ?! looks like...
legendary
Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Ah, rat poison...

Quote
Warfarin is used to prevent heart attacks, strokes, and blood clots in veins and arteries.

Sounds like just what the doctor ordered.
donator
Activity: 2772
Merit: 1019
Interesting quote,"I think Bitcoin is Rat Poison".

I agree. The banks are the Rats.

+1

This is it.. Like this short intro about BTC in this program, with those guys sitting there !


On second read I understand what you say. Good idea.

Maybe first in the video introduce bankers rat-like behaviour ("have you ever felt like you'd been robbed of your purchasing power?") and depict them as rats (image of rat with tie or something), then THE QUOTE: "I think bitcoin is Rat Poison"
legendary
Activity: 1372
Merit: 1000
...
History is being played out and it seems that the US, China, Bafin and most other regulators are choosing the path of regeneration instead of repression (only the Canadians it seems). It will be interesting to see how this plays out.
It looks like Canada is allowing for economic regeneration, so long as you register as a money transmitter as is the case with www.cavirtex.com. Looking at the latest actions of the US regulators it seems to be leaning towards repression. 
legendary
Activity: 1002
Merit: 1000
Bitcoin
Interesting quote,"I think Bitcoin is Rat Poison".

I agree. The banks are the Rats.

+1

This is it.. Like this short intro about BTC in this program, with those guys sitting there !
legendary
Activity: 1722
Merit: 1217
so if bill gates went into bitcoins in a big way he could, with his fortune alone, drive the price to 10,000 per coin.  Tongue

He would have to sell everything he has to do so. Rich people might own lots of land, businesses, condos but... liquidity is the secret.

still, i think you get my point  Tongue
legendary
Activity: 1722
Merit: 1217
Bill Gates will convert 50% of his wealth into bitcoins soon. What price should we expect?

~5,000 dollars per coin
legendary
Activity: 1064
Merit: 1001
so if bill gates went into bitcoins in a big way he could, with his fortune alone, drive the price to 10,000 per coin.  Tongue

He would have to sell everything he has to do so. Rich people might own lots of land, businesses, condos but... liquidity is the secret.
legendary
Activity: 1722
Merit: 1217
so if bill gates went into bitcoins in a big way he could, with his fortune alone, drive the price to 10,000 per coin.  Tongue
legendary
Activity: 2618
Merit: 1022
i think Bill was playing nice to the gov knowing full well the implications....just did not want to say
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