where owning 1 BTC will mean that you're rich?
no.
Topic: Will we see the day... - page 2. (Read 2520 times)
no.
Grandpa, Is it true that you own a whole bitcoin?!? 
Not any more, I traded it for an oil tanker.
Look at the potensial in comparison to other data points in this brilliant article:
http://www.runtogold.com/2012/12/during-2012-fiat-currencies-and-gold-collapse-against-bitcoin/
http://www.runtogold.com/2012/12/during-2012-fiat-currencies-and-gold-collapse-against-bitcoin/
Grandpa, Is it true that you own a whole bitcoin?!?
Haha, as always. Bitcoin Jumps a few dollars and this kind of threads are showing up.
Can't wait for the this is the End threads when it goes down a bit.
No, I really doubt it. I think a 1000 (nowadays value) is possible, but not in the next 10 Years.
Bitcoin will IMHO always be "border case" currency, used mainly by those that suffer restrictions from payment providers / governments.
It's about free money, not about creating a new financial elite. And IMO that's a good thing.
Can't wait for the this is the End threads when it goes down a bit.
No, I really doubt it. I think a 1000 (nowadays value) is possible, but not in the next 10 Years.
Bitcoin will IMHO always be "border case" currency, used mainly by those that suffer restrictions from payment providers / governments.
It's about free money, not about creating a new financial elite. And IMO that's a good thing.
i guess Bitcoin will create it's own financial elite. When mining was in the reach of the many and prices low, everyone could get in with the hardware they had and get some.
ASICS will be for the few. The rest of us has to buy so normal market dynamics apply!
Haha, as always. Bitcoin Jumps a few dollars and this kind of threads are showing up.
Can't wait for the this is the End threads when it goes down a bit.
No, I really doubt it. I think a 1000 (nowadays value) is possible, but not in the next 10 Years.
Bitcoin will IMHO always be "border case" currency, used mainly by those that suffer restrictions from payment providers / governments.
It's about free money, not about creating a new financial elite. And IMO that's a good thing.
Can't wait for the this is the End threads when it goes down a bit.
No, I really doubt it. I think a 1000 (nowadays value) is possible, but not in the next 10 Years.
Bitcoin will IMHO always be "border case" currency, used mainly by those that suffer restrictions from payment providers / governments.
It's about free money, not about creating a new financial elite. And IMO that's a good thing.
I am very doubtful. I think BTC could eventually be worth several hundred or even $1,000, but I don't think it will ever be as widely used as a government-issued currency.
where owning 1 BTC will mean that you're rich?
Rich: Having a great deal of money or assets; wealthy.
With only 21 million BTC, it's not hard to predict that owning 1 BTC would be extremely hard and the decimal places will start to matter more and more.
How far are we of days where 1BTC will mean you are rich? I don't want to translate into $$$ amounts because maybe in 50 years one million dollars is what 50,000 dollars is today so. I just use the word "rich"
Rich: Having a great deal of money or assets; wealthy.
With only 21 million BTC, it's not hard to predict that owning 1 BTC would be extremely hard and the decimal places will start to matter more and more.
How far are we of days where 1BTC will mean you are rich? I don't want to translate into $$$ amounts because maybe in 50 years one million dollars is what 50,000 dollars is today so. I just use the word "rich"
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