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/biz/ - Business & Finance


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25041707 No.25041707 [Reply] [Original]

>only 210 million people can own 0.1 BTC
>we KNOW many people already own MUCH MORE than that (1.5M wallets with >10 BTC).
>only 30 million BTC wallets atm

what can a poorfag like me do with 0.1 BTC in 10 years?

>> No.25041722

buy a honda civic

>> No.25042758

FUCK FUCK FUCK FUCK I used to have 0.6 BTC and now it's all fucking GONE FUCK

>> No.25042791
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25042791

>>25041707
Ten years from now 0.1 bitcoin is enough to buy a house. 20-30 years from now 0.1 bitcoin is enough to retire in luxury and do what you want.

>> No.25042792

>>25041707
Reminder about 5-6 million BTCs are lost.

>> No.25042823

>>25042791
What I want to do is slide my shaft between those tig ol bitties

>> No.25042854
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25042854

>>25042823
Lyn is not for lewds.

>> No.25042876

>>25042854
Even better if she leaves her shirt on

>> No.25042921

>>25041707
feels good anon. BTC is one of the largest transfers of wealth in human history. ETH won't be too far behind

>> No.25042978

EOY = 25-30 k hovering
Early Spring bitcoin 45k solid
Summer lull, may be a good dip anywhere between 45-70
fall 70k solid
Winter 100k

>> No.25043164
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25043164

>>25041707
>210 million can own 0.1 Bitcoin

Assuming even spread with all available Bitcoin and no other people. Same with the 21 million 1 BTC number.
Reality is there are 7 billion people and if it's spread evenly everyone should own 0.03 Bitcoin so anyone who owns more than that made it.

Now of course efficiency rules don't allow for an even spread, even in a world where everyone is treated equally so a likely outcome is that 20% of the population will own 80% of the Bitcoin (Pareto Principle).
That means 16 million coins will be owned by 1.4 billion people and if you want to be above average for them you will need to own more than 0.0114 Bitcoin to make. Today that's just 260$. 260$ to be made for life.

In an early estimate from Hal Finley who calculated that Bitcoin would be worth 10 million if it actually became the underlying asset of everything that would be 114k in 2009 value. It's not filthy rich, but we were talking above average.

Considering that a lot of Bitcoin are permanently lost 0.01 is probably an okay "still will make it some day" stack if you keep just hodling to that amount

>> No.25043178

>>25043164
>Reality is there are 7 billion people and if it's spread evenly everyone should own 0.03 Bitcoin so anyone who owns more than that made it.

*0.003 Bitcoin