i do love it when pople dont think before they make topics like this.. its soo easy to rebuttle the solution and move on with our lives
Are you unable to move on with your life if there is an open topic on a forum?
Topic: Will Satoshi Nakamoto be world's first trillionaire ? - page 9. (Read 17139 times)
Are you unable to move on with your life if there is an open topic on a forum?
It's important to always reference purchasing power, since the USD
FTFY
Bitcoin to the rescue!
There is no problem in going by the purchasing power. But, then go for 1T USD's purchasing power. Not 1T zimbabwean dollar's.
It's important to always reference purchasing power, since the USD
FTFY
Bitcoin to the rescue!
AFAIK There are already trillionaire's but doesn't want to show off because IRS will be chasing them.
LoLz... there is a world outside USA where IRS cant do anything.
The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro.
I dare you may have missed the point...Spoiler: The US dollar will not always be as valuable as it is today.
It's my mission to become the first BitcoinBillionaire! Who cares for FIAT Trillionaires, if you can have a trillion Bitcoin!!!
We don't know if he is a single person, a group of people, or whom he is, how will we ever know how much money he has???
The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro.
Not quite.The common concept of a trillionaire is to have the equivalent purchasing power of 1 trillion contemporary US Dollars. (or Euros, or any other currency within the same order of magnitude).
It's important to always reference purchasing power, since the USD could go full Weimar at any time.
What is your opinion ?
First? LOL... There are already loads of trillionaires in Zimbabwe...
The common concept of a trillionaire is to have trillion USD. Neither trillion zimbabwean dollar nor trillion euro.
What is your opinion ?
First? LOL... There are already loads of trillionaires in Zimbabwe...
Come on OP...
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
My math is correct as far as I can see
Now, when a loaf of bread costs 100.000.000USD, do you think a bitcoin could be worth 1 trillion?
If not, do the math again.
Your math is based on a fixed dollar while the dollar is FAR from that.
You should look at http://www.usdebtclock.org/ to see the progress.
Bitcoin also inflates, but with a known rate, and instead of FIAT paper less and less every day untill they are all mined.
the FUD about how many coins he got is based on people adding together all the different addresses of the coins from january 2009 forward for a few months.. but im sad to say that satoshi, hal finney, and a few other notable names all were mining at the same time. it was not just satoshi by himself.
The estimate of Satoshi's bitcoin holdings (980k) is based on analysis of the data in the actual blocks, not just some sort of address guessing. Bottom line, Satoshi was a persistent miner with significant hardware. He mined a lot of bitcoins which are largely unspent.
http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/
Most of the people here are not ready to accept the outcome of this blockchain analysis for some unknown reason !!!
the only possible way this could happen is if Bitcoin completely replaced all the world's fiat.
That has always been the plan, going back from before Bitcoin was invented.You could say that's the endgame of cryptoanarchism.
the FUD about how many coins he got is based on people adding together all the different addresses of the coins from january 2009 forward for a few months.. but im sad to say that satoshi, hal finney, and a few other notable names all were mining at the same time. it was not just satoshi by himself.
The estimate of Satoshi's bitcoin holdings (980k) is based on analysis of the data in the actual blocks, not just some sort of address guessing. Bottom line, Satoshi was a persistent miner with significant hardware. He mined a lot of bitcoins which are largely unspent.
http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/
Come on OP...
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
http://bloggingblue.com/wp-content/uploads/2012/02/Billion_Dollar_Bill.jpg?6b854b
My math is correct as far as I can see
Now, when a loaf of bread costs 100.000.000USD, do you think a bitcoin could be worth 1 trillion?
If not, do the math again.
Your math is based on a fixed dollar while the dollar is FAR from that.
Satoshi Nakamoto potentially may become the world's first trillionaire, yes.
Basically, this ^^.
not very likely unless USD died or thrid world war Come on OP...
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
My math is correct as far as I can see
Now, when a loaf of bread costs 100.000.000USD, do you think a bitcoin could be worth 1 trillion?
If not, do the math again.
Your math is based on a fixed dollar while the dollar is FAR from that.
Come on OP...
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
http://bloggingblue.com/wp-content/uploads/2012/02/Billion_Dollar_Bill.jpg?6b854b
My math is correct as far as I can see
Come on OP...
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
Maybe you should do the math:You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
Come on OP...
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
You would need 1 billion coins at the price of $1,000 a coin to hit a trillion
Or better yet, 100 million coins at the price of $10,000 a coin
Impossible...satoshi does not own anything close to this much let alone will there ever be this much in existence.
Do some basic math before creating these threads, not hard!
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