You wanne be a trillionaire?
How about I give you one trillion grains of sand and you give me one bitcoin.
Does that sound like a good deal to you?
Topic: Will Satoshi Nakamoto be world's first trillionaire ? - page 10. (Read 17139 times)
Trillionaire in FIAT??? All central banks are.
The biggest scam within fiat money system is: Without first get the ownership of every newly created base money, the central bank can not loan out them (you can't loan out something that does not belong to you, that will be fraud). So they actually own every newly created dollar, so the increase in M0 will equal to the gain of their net worth each year
The biggest scam within fiat money system is: Without first get the ownership of every newly created base money, the central bank can not loan out them (you can't loan out something that does not belong to you, that will be fraud). So they actually own every newly created dollar, so the increase in M0 will equal to the gain of their net worth each year
Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
LOL, someone is thinking in fiat.
With all due respect the question by the OP was termed in fiat.
What's more, the website which the OP linked to says the following:
Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
Bill Gates is not a billionaire by FIAT. He is a billionaire by considering his MS stock value. So why that would be different for Satoshi ?
The MS stocks are very liquid in comparison to satoshi's bitcoins. Bill could go and generate $1 billion from his stocks ASAP, meanwhile there's no guarantee that satoshi could generate the equivalent from bitcoins.
Realistically the only way he could would be to hand over access to the addresses to the prospective buyer on completion of the sale, else the market would tank. Though why anybody would buy the addresses is beyond me.
I don't believe that satoshi's bitcoins could be realistically be included to his networth at the market price.
Actually I've read that the first trillion dollar company may be a bitcoin related company
Satoshi is like the mist, vapor, intelligence reports say the name is FAKE
So if he does have 1M coins 1K btc makes he only a billionaire
$100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin
Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin
Apple is or is one of the top valued companies in the world, only 600Bil in cap value.
Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read.
I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people.
Through reading the core code.
So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are
That's my OPinion
Now you can all say Satoshi is real, he exists etc.
Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard.
So let's say it was 4 people, 250K of the 1M stash each then
But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc
If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO
Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins.
So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc
Satoshi is like the mist, vapor, intelligence reports say the name is FAKE
So if he does have 1M coins 1K btc makes he only a billionaire
$100K btc could have to occur to make him a trillionaire IF he really owns 1M bitcoin
Now if 1M btc occurs he would be the first 10 digit trillionaire IF he really owns 1M bitcoin
Apple is or is one of the top valued companies in the world, only 600Bil in cap value.
Now a company that acquires a large percentage of btc or develops must use tech for btc or a legit btc exchange or bank, may become a trillion buck asset in the article I read.
I'm sure the NSA knows who he is and from what I've heard they think he's a composite of multiple people.
Through reading the core code.
So the original 'people' creating satoshi all had their original ip's traced down from years ago and the spooks know who the movers are
That's my OPinion
Now you can all say Satoshi is real, he exists etc.
Maybe one person wrote the white paper on bitcoin, but the core had several personalities on it from what I've heard.
So let's say it was 4 people, 250K of the 1M stash each then
But if one person, ok they say 'he' or it may be a she or whatever, owns 1M btc
If he or she steps out into the light, and says here's my public keys then that's how you know what the person owns IMO
Now if you all have some old post here showing how he acquired 1M btc so fast, fine, if no miners maybe he did, at what point did mining become hard enough not to produce many coins.
So a graph showing when coins were minted can be used to figure out # of miners and then it may be possible to figure out what miners got the easy early btc
there are already many > 1T companies and at least 1 x 10T companies, they are just private/gov. Eg Saudi Aramco
Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
Bill Gates is not a billionaire by FIAT. He is a billionaire by considering his MS stock value. So why that would be different for Satoshi ?
Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
LOL, someone is thinking in fiat.
Nah. He would have to sell his coins to become a trillionaire by definition. I can't see the market value of Bitcoin being anywhere near high enough for his current holdings - assuming that he can still even spend them - to amount to enough.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
Then you need to find sellers - any spend activity around satoshi's known addresses would cause a huge push for sells.
Maybe he can become a trillionaire in some weak currency.
all very interesting..
1 bit coin at $1m you guys are deluding yourselves.
I'm taking the pain to post it once again for u...
I have a statistical explanation why 1BTC may equal 1M USD in future...
Value of 1BTC (around figure)
2009 => 10-2 USD
2010 => 10-1 USD
2011 => 100 USD
2012 => 101 USD
2013 => 102 USD
2014 => 103 USD
2015 => 104 USD
2016 => 105 USD
2017 => 106 USD
--- Early Adoption Ends Here and The Price Stabilizes ---
yaynay
1 bit coin at $1m you guys are deluding yourselves.
Bitcoin is maxed out at 21 million so trillion is impossible.
Don't relate bitcoin to grains of sand, stars, water molecules or fiat, it's useless.
Bitcoin IS money.
Don't relate bitcoin to grains of sand, stars, water molecules or fiat, it's useless.
Bitcoin IS money.
"Trillionaire" implies that he's that rich in fiat. If this were to be true, then he would have to cash out hit btc to be this rich in fiat. (Lets just put aside how much each btc would be worth for this to happen, because this alone will show how BS this thread is). Now if he really were to cash out all his btc, do you honestly think he would get a trillion dollars, or would it eat up every buy order and crash the price?
Not really. World's economy is far bigger than 21 trillion USD.
The amount of debt that will be amassed by the politicians in the US federal government will probably surpass 21 trillion USD shortly after Hillary moves back into the White House. That would be 1 million USD of debt for each bitcoin that will ever exist. So, it's not hard to imagine 1 million USD/BTC.
Satoshi cashing out some Bitcoins!!!
i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing
Quote
http://www.reddit.com/r/Bitcoin/comments/2bu43g/who_mined_the_bitcoin_blocks_in_the_first_three/
https://bitcointalksearch.org/topic/probably-satoshi-cashing-out-some-bitcoins-712502
The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were?
I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is.
** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to.
https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1
https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2
https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm
https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF
Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009.
For those who do not know, the very first bitcoin block ever was mined on January 3, 2009
https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
The second one wasn't mined until 6 days later on January 9, 2009:
https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048
So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this!
These begin with block #2400!!
All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!!
And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published.
So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end).
https://bitcointalksearch.org/topic/probably-satoshi-cashing-out-some-bitcoins-712502
The only people I know for sure mining a significant number of bitcoins blocks in the first three weeks were Satoshi and Hal Finney. Is it common knowledge by now that we know who the first early miners were?
I ask because someone who mined blocks between January 29 and February 7, 2009 has been cashing them out over the past nine months. I'm curious how large the list of likely suspects is.
** EDIT ** I have an article pending on 'Let's Talk Bitcoin' which includes all of the raw data. However, here is just one example of what I'm referring to.
https://blockchain.info/address/15coobWGLz5rTPPLwMqDrC848g5rSqgXX1
https://blockchain.info/address/1CgrbzKje66Pcz1egaAnhr7qEGfdk9atS2
https://blockchain.info/address/1KiCeqdXxzTYeq1dDUi6B1265cqFwsihzm
https://blockchain.info/address/14pDPbeBCCn4CoNKc7YZJnJSWnqfoxf1XF
Mined January 30, 2009 then February 4, 2009, then February 6, 2009, then February 7, 2009.
For those who do not know, the very first bitcoin block ever was mined on January 3, 2009
https://blockchain.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f
The second one wasn't mined until 6 days later on January 9, 2009:
https://blockchain.info/block/00000000839a8e6886ab5951d76f411475428afc90947ee320161bbf18eb6048
So, any blocks from January 30th are absurdly early in this history of the blockchain and only a handful of people could be responsible for this!
These begin with block #2400!!
All spent/transferred within minutes on February 6, 2014!!!!!!!!!!!!!!!!!!!
And these aren't the only very, very, very, early bitcoin blocks which have been redeemed. There have been a series of them, which is included in the data when the article gets published.
So now we know that the million Bitcoin is not lost and the guy still have control of the wallet, the next thing we need to know is if he will be selling some of that million and how, when and to where otherwise to whom (we might know who is satoshi at the end).
i guess he saw the end of bitcoin bubble is very close now, last chance to sell better than nothing
Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time
Yeah, there were many trillionaires in Zimbabwe as their currency was collapsing. Same will happen with the USD. It's not a question of "if", but "when".
How rich are you when you control the printing press of a currency?
I think it would be great. He devised something truly revolutionary that has made all our lives better.
Maybe he goes and rains a billion of it on various gambling sites just to celebrate!
Maybe he goes and rains a billion of it on various gambling sites just to celebrate!
Satoshi Nakamoto potentially may become the world's first trillionaire, yes.
even on a million btc it would have to get to 240K a btc
since the gov will want 60% in taxes
so 2.4 tril nets you a trillionaire
haha
you make a trillion you only got 400Billion
hehe
since the gov will want 60% in taxes
so 2.4 tril nets you a trillionaire
haha
you make a trillion you only got 400Billion
hehe
Which govt tax 60% on Bitcoin earning ?
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