I am pretty confident we are the new wealthy elite, gentlemen. - page 180.

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: ChuckBuck on April 14, 2014, 04:58:04 PM

Quote from: BitChick on April 14, 2014, 04:43:45 PM

Quote from: Bit_Happy on April 14, 2014, 04:34:02 PM

Quote from: ChuckBuck on April 14, 2014, 04:29:22 PM

Quote from: BitChick on April 14, 2014, 04:26:10 PM

Quote from: ChuckBuck on April 14, 2014, 04:02:36 PM

Quote from: Bit_Happy on April 14, 2014, 03:47:55 PM

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

Dang...how do I get to Wealthy elite! Cry

I'm just merely future wealthy... Sad

Buy more coins. Wink

Haha true! Maybe you can convince my wife that I should buy more even though she thinks we have 1 too many. Cool

Has she seen this thread? ........LOL? Cheesy

Show her the thread. Help her believe.

Tell her that someday in the near future she will be able to spend only $1 for a pair of $100 shoes or maybe even $1 for a $1000 handbag if she just holds onto Bitcoin for a few years.

I try my best to convince her. Tongue

She gets scared easily, thinks it's too risky. I try to explain the benefits, but she says a little investment is okay for now. To put more into bank savings not bitcoin savings.

It's an ongoing struggle, but at least I convinced her to download Bitcoin Core and buy 1 BTC for herself. Just to see where it goes. Grin

I'll take the small victories. I think when her girlfriends and family start talking about it, she'll take me more seriously. I genuinely think she thinks I'm crazy. Cheesy

In a good way though...she lets me do my thing. Once we spike up to $1000, I'm sure I'll be cursing her to holy hell though! Angry

Maybe you can convince her to buy some gold too it is way better than fiat

disclaimer201

legendary

Activity: 1526

Merit: 1001

Quote from: Fatpony on April 14, 2014, 05:05:42 PM

I am optimistic but not that much. One can hope thou

This was the biggest mistake of my life. Either be optimistic, or leave it be. Both is fine, but you will regret "a little optimistic".

Fatpony

member

Activity: 74

Merit: 10

I am optimistic but not that much. One can hope thou

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: BitChick on April 14, 2014, 04:43:45 PM

Quote from: Bit_Happy on April 14, 2014, 04:34:02 PM

Quote from: ChuckBuck on April 14, 2014, 04:29:22 PM

Quote from: BitChick on April 14, 2014, 04:26:10 PM

Quote from: ChuckBuck on April 14, 2014, 04:02:36 PM

Quote from: Bit_Happy on April 14, 2014, 03:47:55 PM

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

Dang...how do I get to Wealthy elite! Cry

I'm just merely future wealthy... Sad

Buy more coins. Wink

Haha true! Maybe you can convince my wife that I should buy more even though she thinks we have 1 too many. Cool

Has she seen this thread? ........LOL? Cheesy

Show her the thread. Help her believe.

Tell her that someday in the near future she will be able to spend only $1 for a pair of $100 shoes or maybe even $1 for a $1000 handbag if she just holds onto Bitcoin for a few years.

I try my best to convince her. Tongue

She gets scared easily, thinks it's too risky. I try to explain the benefits, but she says a little investment is okay for now. To put more into bank savings not bitcoin savings.

It's an ongoing struggle, but at least I convinced her to download Bitcoin Core and buy 1 BTC for herself. Just to see where it goes. Grin

I'll take the small victories. I think when her girlfriends and family start talking about it, she'll take me more seriously. I genuinely think she thinks I'm crazy. Cheesy

In a good way though...she lets me do my thing. Once we spike up to $1000, I'm sure I'll be cursing her to holy hell though! Angry

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: Bit_Happy on April 14, 2014, 04:34:02 PM

Quote from: ChuckBuck on April 14, 2014, 04:29:22 PM

Quote from: BitChick on April 14, 2014, 04:26:10 PM

Quote from: ChuckBuck on April 14, 2014, 04:02:36 PM

Quote from: Bit_Happy on April 14, 2014, 03:47:55 PM

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

Dang...how do I get to Wealthy elite! Cry

I'm just merely future wealthy... Sad

Buy more coins. Wink

Haha true! Maybe you can convince my wife that I should buy more even though she thinks we have 1 too many. Cool

Has she seen this thread? ........LOL? Cheesy

Show her the thread. Help her believe.

Tell her that someday in the near future she will be able to spend only $1 for a pair of $100 shoes or maybe even $1 for a $1000 handbag if she just holds onto Bitcoin for a few years.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: ChuckBuck on April 14, 2014, 04:29:22 PM

Quote from: BitChick on April 14, 2014, 04:26:10 PM

Quote from: ChuckBuck on April 14, 2014, 04:02:36 PM

Quote from: Bit_Happy on April 14, 2014, 03:47:55 PM

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

Dang...how do I get to Wealthy elite! Cry

I'm just merely future wealthy... Sad

Buy more coins. Wink

Haha true! Maybe you can convince my wife that I should buy more even though she thinks we have 1 too many. Cool

Has she seen this thread? ........LOL? Cheesy

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: BitChick on April 14, 2014, 04:26:10 PM

Quote from: ChuckBuck on April 14, 2014, 04:02:36 PM

Quote from: Bit_Happy on April 14, 2014, 03:47:55 PM

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

Dang...how do I get to Wealthy elite! Cry

I'm just merely future wealthy... Sad

Buy more coins. Wink

Haha true! Maybe you can convince my wife that I should buy more even though she thinks we have 1 too many. Cool

BitChick

legendary

Activity: 1148

Merit: 1001

Quote from: ChuckBuck on April 14, 2014, 04:02:36 PM

Quote from: Bit_Happy on April 14, 2014, 03:47:55 PM

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

Dang...how do I get to Wealthy elite! Cry

I'm just merely future wealthy... Sad

Buy more coins. Wink

ChuckBuck

hero member

Activity: 1372

Merit: 783

better everyday ♥

Quote from: Bit_Happy on April 14, 2014, 03:47:55 PM

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

Dang...how do I get to Wealthy elite! Cry

I'm just merely future wealthy... Sad

boumalo

legendary

Activity: 1918

Merit: 1018

It is strange to see all the negativity about Bitcoin in the "Wall Observer BTC/USD - Bitcoin price movement tracking & discussion" when it has gone from 0 to where it is and with all the potential and talent that has a vested interested in Bitcoin success

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

In the future:
wealthy = ~2 to 10 BTC
Wealthy elite = ~100+ BTC

For your grand-kids the numbers needed will probably be lower.
FYI: A ticket on Satoshi's spaceship (when he returns) will cost at least 10 to 20 BTC.

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: rpietila on April 14, 2014, 06:24:34 AM

Quote from: JayJuanGee on April 14, 2014, 06:16:54 AM

Quote from: bitpop on April 14, 2014, 06:07:15 AM

Quote from: Dafar on April 14, 2014, 06:04:19 AM

How do you guys plan on being a 'wealthy elite'?
Maybe if you have at least 1000 btc

All it takes is 1

I am NOT trying to screw up anybody's wishes, yet I would like to hear how 1 BTC is going to make the holder a wealthy elite, and by when.. and how much will it be?

I do understand the theory of BTC having the potential to take over about 25% or more of known currencies transactions and storage of value functions - however, something like that would be quite a ways into the future, if ever.

I also understand the theory of 7 Billion people in the world and only 21 million bitcoin (some bitcoin will be lost or forever removed from circulation) - but the 1 BTC to be a wealthy elite assumes fairly wide adoption of bitcoin and desire for bitcoin by the world... and acceptance by the current status quo wealthy to transfer some of their wealth into bitcoin.

So, by when will 1 BTC make a person a wealthy elite..? and how much will it be? and by the way, I don't expect to live forever, either, so I would like to enjoy some of this wealthy elite status while I still have some youth and energy.

If BTC does as well as gold (which was my last year revelation, considering fractional reserve and such - which is only now coming mainstream) having BTC1 is good and BTC10 is really rich.

I must be Warren Buffett then.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: rpietila on April 14, 2014, 06:24:34 AM

Quote from: JayJuanGee on April 14, 2014, 06:16:54 AM

Quote from: bitpop on April 14, 2014, 06:07:15 AM

Quote from: Dafar on April 14, 2014, 06:04:19 AM

How do you guys plan on being a 'wealthy elite'?
Maybe if you have at least 1000 btc

All it takes is 1

I am NOT trying to screw up anybody's wishes, yet I would like to hear how 1 BTC is going to make the holder a wealthy elite, and by when.. and how much will it be?

I do understand the theory of BTC having the potential to take over about 25% or more of known currencies transactions and storage of value functions - however, something like that would be quite a ways into the future, if ever.

I also understand the theory of 7 Billion people in the world and only 21 million bitcoin (some bitcoin will be lost or forever removed from circulation) - but the 1 BTC to be a wealthy elite assumes fairly wide adoption of bitcoin and desire for bitcoin by the world... and acceptance by the current status quo wealthy to transfer some of their wealth into bitcoin.

So, by when will 1 BTC make a person a wealthy elite..? and how much will it be? and by the way, I don't expect to live forever, either, so I would like to enjoy some of this wealthy elite status while I still have some youth and energy.

99% of people don't (really) care shit about gold, but still if you have 1/21,000,000 of the world's gold (approx 9 kg), you are pretty well off. Not rich yet, but 10 times that amount makes you really rich. Even if 99% don't care.

If BTC does as well as gold (which was my last year revelation, considering fractional reserve and such - which is only now coming mainstream) having BTC1 is good and BTC10 is really rich.

If it becomes more accepted than gold is now, even BTC1 could suffice. But because the road there is so bumpy, make sure you have at least BTC10 now so that you don't squander all in the speed bumps ahead

Yes, and we know that bitcoin has a lot more potentially useful features, as compared with gold, so I agree with you about that.

I know in the wall observer thread you have given your bitcoin price projections for 2014, and I believe I had seen some of your various bitcoin price projections beyond that.. so I kind of have ideas from where you are coming.

Generally, I agree with your optimism about bitcoin, and certainly each of us have different expectations and experiences (whether relating to bitcoin or other areas). Even though you are quite a bit more bullish than me, I would prefer for some of your scenarios to come to fruition rather than my own.

Actually, another thing that I have noticed is that a different perspective regarding BTC likely evolves after achieving a bit of a profit cushion... so I am definitely looking forward to that day, with my current bitcoin portfolio.

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: bitpop on April 14, 2014, 06:22:38 AM

1 btc = $1 million

Could you be more specific? I mean I was pretty specific in my questions, and I am NOT trying to get you to do all the work but only to disclose more specifically your projection. If I were to make such a prediction / projection, I would attempt to be somewhat specific (and a range is usually safer than an absolute specific number)

boumalo

legendary

Activity: 1918

Merit: 1018

Quote from: Biomech on April 14, 2014, 04:29:00 AM

Quote from: Arriemoller on April 10, 2014, 07:40:02 PM

Is there any particular reason for the dip? According to fiatleak the Chinese are still buying like crazy.

Personally I think we will soon see the price moving up again, it seems to move in cycles of approximately seven months.

Not sure. I think a lot of it is the rumour, even now that it's largely dispelled, that China is going to ban BTC. Also, it's just short of tax day in the US, and that's always a downer in that market.

Personally I hope it stays down for a few more weeks. Slows down the network growth a little bit, and besides, I have a new, better job. I can buy in if it stays low! Cheesy

Last time it went way down like this, the spike upward was pretty fantastic, so those of you HODLing, keep it up. You'll likely be rewarded.

It is nice to read optimistic but realistic comments based on Bitcoin history and facts

Today's prices seem like a buying opportunity when you remember how you felt about the price in November and December were you would have sell you car and go in debt to have an opportunity to buy at 320$ or even 460$

rpietila

donator

Activity: 1722

Merit: 1036

Quote from: JayJuanGee on April 14, 2014, 06:16:54 AM

Quote from: bitpop on April 14, 2014, 06:07:15 AM

Quote from: Dafar on April 14, 2014, 06:04:19 AM

How do you guys plan on being a 'wealthy elite'?
Maybe if you have at least 1000 btc

All it takes is 1

I am NOT trying to screw up anybody's wishes, yet I would like to hear how 1 BTC is going to make the holder a wealthy elite, and by when.. and how much will it be?

I do understand the theory of BTC having the potential to take over about 25% or more of known currencies transactions and storage of value functions - however, something like that would be quite a ways into the future, if ever.

I also understand the theory of 7 Billion people in the world and only 21 million bitcoin (some bitcoin will be lost or forever removed from circulation) - but the 1 BTC to be a wealthy elite assumes fairly wide adoption of bitcoin and desire for bitcoin by the world... and acceptance by the current status quo wealthy to transfer some of their wealth into bitcoin.

So, by when will 1 BTC make a person a wealthy elite..? and how much will it be? and by the way, I don't expect to live forever, either, so I would like to enjoy some of this wealthy elite status while I still have some youth and energy.

99% of people don't (really) care shit about gold, but still if you have 1/21,000,000 of the world's gold (approx 9 kg), you are pretty well off. Not rich yet, but 10 times that amount makes you really rich. Even if 99% don't care.

If BTC does as well as gold (which was my last year revelation, considering fractional reserve and such - which is only now coming mainstream) having BTC1 is good and BTC10 is really rich.

If it becomes more accepted than gold is now, even BTC1 could suffice. But because the road there is so bumpy, make sure you have at least BTC10 now so that you don't squander all in the speed bumps ahead

bitpop

legendary

Activity: 2912

Merit: 1060

1 btc = $1 million

Dafar

legendary

Activity: 1330

Merit: 1000

dafar consulting

Quote from: bitpop on April 14, 2014, 06:07:15 AM

Quote from: Dafar on April 14, 2014, 06:04:19 AM

How do you guys plan on being a 'wealthy elite'?
Maybe if you have at least 1000 btc

All it takes is 1

Maybe our grandchildren

JayJuanGee

legendary

Activity: 3948

Merit: 11416

Self-Custody is a right. Say no to"Non-custodial"

Quote from: bitpop on April 14, 2014, 06:07:15 AM

Quote from: Dafar on April 14, 2014, 06:04:19 AM

How do you guys plan on being a 'wealthy elite'?
Maybe if you have at least 1000 btc

All it takes is 1

I am NOT trying to screw up anybody's wishes, yet I would like to hear how 1 BTC is going to make the holder a wealthy elite, and by when.. and how much will it be?

I do understand the theory of BTC having the potential to take over about 25% or more of known currencies transactions and storage of value functions - however, something like that would be quite a ways into the future, if ever.

I also understand the theory of 7 Billion people in the world and only 21 million bitcoin (some bitcoin will be lost or forever removed from circulation) - but the 1 BTC to be a wealthy elite assumes fairly wide adoption of bitcoin and desire for bitcoin by the world... and acceptance by the current status quo wealthy to transfer some of their wealth into bitcoin.

So, by when will 1 BTC make a person a wealthy elite..? and how much will it be? and by the way, I don't expect to live forever, either, so I would like to enjoy some of this wealthy elite status while I still have some youth and energy.

bitpop

legendary

Activity: 2912

Merit: 1060

Quote from: Dafar on April 14, 2014, 06:04:19 AM

How do you guys plan on being a 'wealthy elite'?
Maybe if you have at least 1000 btc

All it takes is 1

Topic: I am pretty confident we are the new wealthy elite, gentlemen. - page 180. (Read 631985 times)