millionaires of the world, be reminded... - page 2.

jbreher

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Quote from: MingLee on November 20, 2016, 12:35:47 PM

Most millionaires are not stupid

While that is likely true, it is also likely true that most millionaires are absolutely ignorant about cryptocurrency. Heck, they are even probably mostly ignorant about the nature of our current partial reserve fiat monetary system.

600watt

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Quote from: Carlsen on November 20, 2016, 01:51:01 PM

Somehow I do not get it.
What signs of economic crisis?

2008 type of crisis. too much debt. banks unhealthy, €-crisis, etc. why do you think central banks risk everything in order get economies going? i do not think those central bankers ZIRP or even NIRP just for the fun of it.

Quote from: Carlsen on November 20, 2016, 01:51:01 PM

And why would it be difficult to achieve for a millionair to own whole bitcoin?

not for a millionaire. for all of them.

there maybe are more millionaires than bitcoin existing. that is my whole point.

Carlsen

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Quote from: 600watt on November 20, 2016, 03:34:49 AM

dear milionaires,

the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

Somehow I do not get it.
What signs of economic crisis?
And why would it be difficult to achieve for a millionair to own whole bitcoin?
Am I missing something here?

Amadues

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Money doesn't make happy, but it's really hard to see a millionaire sad

.

I guess most of btc millionaire (early adopter!) are already on forum just to see major change in the community or because they are running some service...

Perhaps we forget an important point... they can buy 1 btc at "every" price, it's not matter now is undervalued, if go up to 100k $ they could even buy without problem, I think this is only a problem for us.

But to attract new "rich man" , maybe some investment funds could create a portfolio that include also bitcoin!

olubams

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But the issue that op is raising to millionaires I believe are those who dont know or who have no idea about Bitcoin because I am so certain that there is no millionaire who is on this forum or read what OP stated that is not already having at least 1 Bitcoin and then the issue is the others that are no here are those ones the message should be directed to...

Also the economic crises of 2008 came and went as well and the rich people were still standing, that was even before Bitcoin so if another should come I dont see their wealth eroded away simply because they did not invest in Bitcoin...

thejaytiesto

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Quote from: 600watt on November 20, 2016, 03:34:49 AM

dear milionaires,

the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

It's never enough to remind people the importance of owning at least 1 full BTC. People can't perceive this because the price is still more or less affordable, but soon they will realize how much of a mistake it was to not buy BTC monthly, as much as possible, trying to buy and stock on them. 3 figure per Bitcoin will be soon a thing of the past and there will be a lot of depressed people when they realize their mistake. Those are the idiots that are constantly waiting for "the perfect price" instead of buying at whatever price, because all prices are good in the long term.

calkob

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I think there is still a massive pump to come first, before we see a crash, they havnt rode this high enough yet

Ayers

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Quote from: chesatochi on November 20, 2016, 07:12:44 AM

Quote from: Cashew on November 20, 2016, 05:40:26 AM

I think there is more than 16 millions millionaire. That's even sure. Just in Europe there is probably more than that.

I made a search on google to see how many millionaire on Europe and I found the following information on Wikipedia. You could verified the information by yourself at the following link.

https://en.wikipedia.org/wiki/Millionaire

High Net Worth Individuals.
Europe 3.41 million $10.9 trillion

I hope on my lifetime to be able to reach that status Wink

yeah but in the world, not in europe alone, and we should diversify by low millionare with 1 2 million nd higher millionare with plenty of millions or trillions

Quote from: Shiroslullaby on November 20, 2016, 10:45:32 AM

You don't have to be a millionaire,
anyone who has the ability to earn $750, even if it takes you weeks or months,
would be wise to invest in at least one Bitcoin.
Even if you have to save money by not going out as much, cooking meals at home instead of eating fast food, etc,
owning a little bit of digital currency is a wise investment.

yes but not everyone can actually buy it, because if everyone start to buy now the second buyers that buy one bitcoin will already need to pay $751 and so on, so in the end only millionare can buy the majority of bitcoin, remember that bitcoin is limited and the majority of bitcoin will not be sold at current price

MingLee

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Quote from: 600watt on November 20, 2016, 03:34:49 AM

dear milionaires,

the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

There might be an economic crisis on the way, but what makes bitcoin a good investment now? Most millionaires are not stupid and they are very well prepared when it comes to hedging their money in anticipation of some sort of dramatic event, much like an economic collapse. The more you have, the better hedged you are.

Plus, if you look at the market right now, most are probably waiting for the trough. And the market looks really keen on giving them one.

600watt

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Quote from: Hazir on November 20, 2016, 10:59:52 AM

It is not that you need whole 1 bitcoin or that bitcoin is limited to only full units. I am wondering why Op is addressing his words to people who already are rich.
I would rather won't have current millionaires have bitcoin. What is wrong with ordinary working people having it instead?

that is my point: not enough whole bitcoins around even for the wealthy elite. not enough for them, not enough for us, not enough at all. on the other hand: currently one btc only costs $728,-

get them NOW... Wink

Xester

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Quote from: Hazir on November 20, 2016, 10:59:52 AM

It is not that you need whole 1 bitcoin or that bitcoin is limited to only full units. I am wondering why Op is addressing his words to people who already are rich.
I would rather won't have current millionaires have bitcoin. What is wrong with ordinary working people having it instead?

Thus only millonaires can only have 1 btc or more? If you are determined to earn 1 btc per month or even for a year, i think it was really possible. Hardworking is the key to success to have at least 1 btc. A person can start a small investment and keep it rolling. I know its hard to earn 1 btc but if you are determined, you can think of another way to earn the certain amount that you wish to have.

Hazir

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It is not that you need whole 1 bitcoin or that bitcoin is limited to only full units. I am wondering why Op is addressing his words to people who already are rich.
I would rather won't have current millionaires have bitcoin. What is wrong with ordinary working people having it instead?

Shiroslullaby

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You don't have to be a millionaire,
anyone who has the ability to earn $750, even if it takes you weeks or months,
would be wise to invest in at least one Bitcoin.
Even if you have to save money by not going out as much, cooking meals at home instead of eating fast food, etc,
owning a little bit of digital currency is a wise investment.

arseaboy

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It don't really matter for me at all since I'm not a millionaire.. yet. What matters is as long as I'm earning my bitcoins that would be fine for me.. even if I'm going to be a millionaire I will find an alternative way to eran money other than bitcoin.

talkbitcoin

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Quote from: odolvlobo on November 20, 2016, 04:35:00 AM

There are only 1.3 million shares of Berkshire Hathaway stock. It is impossible for every millionaire own a share.

lol i had to google it, and i have no idea why you mentioned it here.
and i gotta say that is in US and nobody else cares about, whereas bitcoin can be bought, used, and held from literary any place in the world and no one can stop you from doing it.

Lucius

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You do not need to worry about millionaires,they have money they can not spend the whole life.Probably these people not care too much for BTC these days,maybe if price is x000$ it would attract their attention.But then many holders will sell their coins and millionaries would have bought them if they estimate that they can earn with such investment.

There will always be those who will want to buy and those who will want to sell,and if we assume that BTC in the future will be worth a lot more than today, then the millionaires will be the ones who will be able to buy, regardless of price.

clickerz

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Quote from: xuan87 on November 20, 2016, 07:42:17 AM

It will be interesting when 21 miilions of bitcoin finished being mined, at that time we will see a super high price of bitcoin, i think when the millionaire decided to play in bitcoin there wont be enough bitcoin for us, and we will see another crypto currency being used, so i think in the future if really all of the people join to bitcoin world and the supply is not enough they will find another alt coins to invest

All millionaires i the world decided to own at least 1 BTC, I agree it will drive the bitcoin price value to all time high. Its advantage to those who aere pioneer and to those who are starting to hold. The bright future lies ahead.

600watt

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Quote from: piloder on November 20, 2016, 07:39:22 AM

Quote from: 600watt on November 20, 2016, 03:34:49 AM

dear milionaires,

the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

So really there are 16 million millionaires in this world?
If so than it seems not everyone gonna get 1 bitcoin, and also one millionaire gonna buy more than 1 bitcoin or even 1000 bitcoin for sure as they can afford it.

It seems total millionaire are around 14.6 million as of 2015 report http://www.cnbc.com/2015/06/24/how-many-millionaires-in-the-world-it-depends.html

credit suisse counts 33 million millionaires for 2015:

http://publications.credit-suisse.com/tasks/render/file/index.cfm?fileid=C26E3824-E868-56E0-CCA04D4BB9B9ADD5

(page 106)

if that is true, not even theoretical possible for each of those to own one btc.

Shocked

tee-rex

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Quote from: dothebeats on November 20, 2016, 05:13:52 AM

Even if stocks or wall street crashes, these millionaires would still find a way to create money out of thin air and effortlessly. Although some might fall extremely hard due to the crash, still there would be lots of millionaires holding on and making money, just like what they usually do. Lastly, the impending economic crash doesn't guarantee a win situation for bitcoin IMHO.

It would largely depend on the scale of the crisis. If it should be mild, conditionally hard currencies and assets such as American dollar and gold may certainly get a boost. Bitcoin would be somewhere in between these two. If it will be more severe, all monies including Bitcoin will burn and only gold will reign, with silver as change.

MONKEYJUNK

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Quote from: davis196 on November 20, 2016, 07:58:23 AM

Quote from: 600watt on November 20, 2016, 03:34:49 AM

dear milionaires,

the signs of economic crisis are on the wall. if you guys decide that it could be appropriate to own at least ONE btc, be reminded that this will be very difficult to achieve.

there are 16 million of you on our planet. but there will only be 21 million btc ever. 16 million btc are already mined. no one knows how many are lost, no one knows how many are held by hardcore hodlers (who will never sell), no one knows if the first million btc (satoshis stash?) will ever move.

edit: typo

I don`t think that millionaires read bitcointalk,or will ever read your post.

The economic crysis is here,it isn`t coming.

Strange thing is that during economic crysis the number of millionaires actually grows.

I think the same that you, I don't think millionaires come here...

Or they are already in others projects or they are enjoying life, maybe we will find 0,001% that will invest in cryptos and that's all.

How many people becomes millionaire with bitcoin/cryptos?

Topic: millionaires of the world, be reminded... - page 2. (Read 2038 times)