Will Satoshi Nakamoto be world's first trillionaire ? - page 4.

sobitcoin

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Quote from: GigaBit on January 13, 2015, 10:36:20 AM

Uhm... the Rothschild family is the world's first trillionaire.

Discover how the world was bankrolled by one evil man using deception at the last Napoleonic war.

Although we advance so far in technological terms, the world still feels like it's an emperors and slaves picture... Wait a second....

it is.. Roll Eyes

GigaBit

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Leading Crypto Sports Betting & Casino Platform

Uhm... the Rothschild family is the world's first trillionaire.

Discover how the world was bankrolled by one evil man using deception at the last Napoleonic war.

TookDk

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One coin to rule them all

Quote from: leex1528 on January 13, 2015, 09:28:03 AM

Yeah I was just quickly guessing without doing math. That sounds a lot more correct though. Anyway, not going to happen.

Pretty ok estimate from the hip then, cheers

leex1528

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Yeah I was just quickly guessing without doing math. That sounds a lot more correct though. Anyway, not going to happen.

TookDk

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One coin to rule them all

Quote from: leex1528 on January 13, 2015, 08:54:51 AM

so if Satoshi has 1.6 million coins, he would need the value of said coins to be around 30,000 dollars I believe? Not going to happen.

Your math is broken...

1.6*10^6 * 30*10^3 = 48*10^9

A trillion is 1*10^12.

The value of each of the 1.6 million coins you mention should be:

1*10^12 / 1.6*10^6 = 625000

Each coin needs to be valued $625000 if he should be a trillionaire in terms of dollars.

leex1528

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so if Satoshi has 1.6 million coins, he would need the value of said coins to be around 30,000 dollars I believe? Not going to happen.

jubalix

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Quote from: CasinoBit on July 26, 2014, 09:39:11 PM

Knowing the U.S. and the history of inflationary monetary systems we'll all be trillionaires in no time

This + 1000 and for any central bank.

$1 million is pretty low ball as 1 mill is not that much any more. Looking at some stats lately house have gone up between 5 or 10 x wages in the last 30 years. Where has this money come from?

Printing with banks giving money to themselves and friends.

"A" Beauty of BTC is you can't really short or inflate it.

slaveforanunnak1

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Quote from: ThomasCrowne on July 26, 2014, 08:30:55 PM

Quote from: slaveforanunnak1 on July 26, 2014, 02:26:54 PM

i think the Rothschilds are already trillionaires

Agreed. If you take their combined family fortune wealth/assets and add them all up far in excess of a trillion dollars imho.

they own countries lol

moko666

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yes he will be the bitcoin will be first one to give the world a trillionaire
but it will possible after bitcoin reach 1000$ and he hold his bitcoins till then

newIndia

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Quote from: bornil267645 on November 20, 2014, 01:25:49 AM

It very much on the card. As far as we are concerned, he may be sitting on the biggest BTC wallet. And who knows, when the price spikes up, maybe he will become even more rich.

Satoshi's stash is Proof of Stake for bitcoin... or u can say Proof of Burn too Wink

bornil267645

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It very much on the card. As far as we are concerned, he may be sitting on the biggest BTC wallet. And who knows, when the price spikes up, maybe he will become even more rich.

vm_mpn

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If you look at historical data you will see first 50BTC transaction recorded January 3, 2009 by one unique address.

A week later 14 transactions have been recorded with 750 BTC in existence. We have 14 unique addresses and they can easily belong to one man (Satoshi?) testing send / receive.

A year later we have over 1.6 Million BTC in existence with 119 unique addresses active that day. This generally tells you how very few people Bitcoin network had a year after genesis block. A handful of insiders already owned over 1.6 mil coins.

So, yes, I can easily believe Satoshi owns 1 million coins.

Btcregistry.com is in my sig if you want to check more historical blockchain data.

bongger

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If I was Satoshi I wouldn't give a crap cuz I'd be rich!!!! Bitch!!! Grin

yeponlyone

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Quote from: exocytosis on September 29, 2014, 01:51:13 PM

Satoshi will be more or less broke in a couple of years. Unless he starts dumping his coins today.

I hope not, for everyone invested's sake Undecided

bitboy11

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Maybe his grandchildren will be the 1st Trillionaires. Grin

OmegaStarScream

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Quote from: lamaze on September 18, 2014, 02:22:06 AM

Satoshi I think is a group of people running this show. One of them maybe is lurking in this forum.

Most likely only one person , and obviously he is watching the forum with another account here . I don't think he will let his project just like that beside Theymos and BadBear probably know him IRL even if they deny it.

Beliathon

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https://youtu.be/PZm8TTLR2NU

Quote from: BitCoinDream on July 26, 2014, 02:45:12 PM

Quote from: keanbosch on July 26, 2014, 02:09:27 PM

AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them.

There is a world outside USA where IRS cant do anything.

Not on this planet there's not.

sobitcoin

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Quote from: dankkk on September 11, 2014, 06:38:08 PM

Quote from: BitCoinDream on September 10, 2014, 05:55:49 PM

Quote from: ?? on ??

This is still fantasy.
Bitcoin will have many competitors soon. Who knows what the price will be.

If u r talking about Alts, none is close as of yet. The combined market-cap of all the alts are far lower than Bitcoin's market-cap alone.

I read an article several months ago that said the combined market cap for all altcoins is roughly 20% of that of bitcoin, although I think this number has gone down as altcoins have done poorly over the past several months.

Another issue with this is that altcoins are much less secure then bitcoin is, and when you add that to the fact that altcoins add nothing to the table that bitcoin does not provide you will result in all altcoins ultimately failing.

I see ALT coins nothing more than marketing value. Formainstream adoption it's all about merchant integration, as far as I have seen BTC and Doge lead the market for that.

pitham1

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Quote from: coinmaster222 on November 17, 2014, 02:07:26 AM

Whoever the man is by name I am led to believe he destroyed all his coins ages ago

We can never be sure. There are eagles watching for any movement in those early wallets.

coinmaster222

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I have wondered for ages is his name an anogram

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