Don't forget the aluminum bubble, or the coal bubble, or the gasoline bubble, or the crude bubble, or the rhodium bubble, or the.... every other commodity on Earth, I think. Not just millionaires, either, of course. It's easy-come easy-go. People don't usually walk away and retire from work/gambling when they're a millionaire, and there are going to be sharp declines in the value of whatever you sell or hold, too.
Much more impressive than being a millionaire is consistently being a millionaire or billionaire for more than ten years.
Topic: Have people become wealthy before, like with bitcoin? - page 4. (Read 4129 times)
They have, people who bought gold before the year 2005 and hodled it did made a huge profit as shown below:
And it will happen again, with what commodity or with which coin, hard to say but it is going to happen. And govt can't do anything about it.
Likewise with the stock market, either buying in the financial crisis or after WW2 And it will happen again, with what commodity or with which coin, hard to say but it is going to happen. And govt can't do anything about it.
They have, people who bought gold before the year 2005 and hodled it did made a huge profit as shown below:
And it will happen again, with what commodity or with which coin, hard to say but it is going to happen. And govt can't do anything about it.
And it will happen again, with what commodity or with which coin, hard to say but it is going to happen. And govt can't do anything about it.
If bitcoin becomes million dollars each, or litecoin goes for 500$ and dogecoin goes for 1$ the sheer number of fiat millionaires it could create in the world could be thousands..
Is this socially possible? yes lot of people have become lot wealthy with lots of bubbles in past, the dot com bubble is a classical example creating lot of millionaires.
So what happens to the world if millions of millionaires are created all of a sudden?
will governments and rich people who have a lot of influence over the world(like Bilderberg), allow that to happen?
Is this socially possible? yes lot of people have become lot wealthy with lots of bubbles in past, the dot com bubble is a classical example creating lot of millionaires.
So what happens to the world if millions of millionaires are created all of a sudden?
will governments and rich people who have a lot of influence over the world(like Bilderberg), allow that to happen?
They won't have a choice. There is way too much capital inflow to shut it down now.
no but it is only 15 million bitcoins in circulation, so that would put to 15 trillion..
bitcoin cuts into 9 trillion gold market atleast 20%
that adds 2 trillion,
butcoin cuts into metals and commodity markets that could add 3 trillion to market cap
bitcoins cuts into remittance market that adds some trillions.
all with some speculation could definitly put it at that range..
remember what satoshi told,, if it is suscessful , the value of bitcoin will be the maximum in the world's wealth and zero if it does not succeed..
so if bitcoin could go for 1 trillion then 15 trillion is just as possible as 1 trillion
bitcoin cuts into 9 trillion gold market atleast 20%
that adds 2 trillion,
butcoin cuts into metals and commodity markets that could add 3 trillion to market cap
bitcoins cuts into remittance market that adds some trillions.
all with some speculation could definitly put it at that range..
remember what satoshi told,, if it is suscessful , the value of bitcoin will be the maximum in the world's wealth and zero if it does not succeed..
so if bitcoin could go for 1 trillion then 15 trillion is just as possible as 1 trillion
If bitcoin becomes million dollars each, or litecoin goes for 500$ and dogecoin goes for 1$ the sheer number of fiat millionaires it could create in the world could be thousands..
Is this socially possible? yes lot of people have become lot wealthy with lots of bubbles in past, the dot com bubble is a classical example creating lot of millionaires.
So what happens to the world if millions of millionaires are created all of a sudden?
will governments and rich people who have a lot of influence over the world(like Bilderberg), allow that to happen?
Is this socially possible? yes lot of people have become lot wealthy with lots of bubbles in past, the dot com bubble is a classical example creating lot of millionaires.
So what happens to the world if millions of millionaires are created all of a sudden?
will governments and rich people who have a lot of influence over the world(like Bilderberg), allow that to happen?
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