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I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 03:50:32 AM #1 http://astrohacker.com/ahc/bitcoin-is-the-economic-singularity/



After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.



The world just isn't going to be the same and we have been blessed as the pioneers.



What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop? After reading this, the scale of black market and digital economies and the effect Bitcoin will have on them I am pretty certain we are going to be very wealthy men -- even with a sum as small as 10 Bitcoins. It's just so hard to believe. We are only in the beginning storms with these significant rallies from 10 to 20 dollars. I will not be surprised to see prices from hundreds to thousands in the coming months.The world just isn't going to be the same and we have been blessed as the pioneers.What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?

Bazil



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Full MemberActivity: 126Merit: 100 Re: I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 04:09:00 AM #7 When I told my wife I was going to buy bit coins she was highly skeptical. Then the next morning I sat down to look how bitcoins had done and my wife asked me what I was doing. I said I was checking how my investment went and she started to say she was still skeptical. I interrupted her with "it made us $700 dollars overnight" Her skepticism disappeared completely. 17Bo9a6YpXN2SbwY8mXLCD43Wup9ZE4rwm

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Re: I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 04:11:04 AM #9 Quote from: zhalox on June 05, 2011, 03:55:57 AM

Are you currently putting all your money into bitcoin? If you say this, you show you believe it by your actions. I am putting all my money into bitcoin - I see a possibility of $50-$100+ per coin this year. Just think, once the "bankers" and hedge funds find out about this, we are going to the moon. Once my bitcoins are $1,000+ I will be able to pay off my growing college loans and maybe get an apartment, and my first car



I'm only a teenager. I could only scrounge up so much despite my 1000+ BTC loss. I have 95 BTC incubated so far.

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Full MemberActivity: 126Merit: 101 Re: I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 04:14:02 AM #11 While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.



I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate. 1DCj8ZwGZXQqQhgv6eUEnWgsxo8BTMj3mT

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Re: I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 04:18:07 AM #12 Quote from: Dude65535 on June 05, 2011, 04:14:02 AM While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.



I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.

I have never seen a boom and bust that wasn't perpetuated by government involvement. Bitcoin is immune from such things. I have never seen a boom and bust that wasn't perpetuated by government involvement. Bitcoin is immune from such things.

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LegendaryActivity: 1106Merit: 1006Hide your women Re: I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 04:27:30 AM #14 Quote from: Dude65535 on June 05, 2011, 04:14:02 AM While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.



I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.



I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it. I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks. I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it. I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks. insert coin here:

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1Ctd7Na8qE7btyueEshAJF5C7ZqFWH11Wc

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LegendaryActivity: 1708Merit: 1000 Re: I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 04:49:21 AM #17 Quote from: billyjoeallen on June 05, 2011, 04:27:30 AM Quote from: Dude65535 on June 05, 2011, 04:14:02 AM While I share the belief that bitcoin or something very like it will play a major role in the future, I think the road there is going to be a lot rougher.



I imagine we will see a huge boom then a bust, after that those who stick around will build the meaning full economy that will allow bitcoin or its successor to dominate.



I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it. I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks.

I don't care about the busts. I am riding this pig wherever it takes me. If it tanks, I'll have a helluva story to tell. I'm sick of half measures. I'm swinging for the fences and If I strike out, so be it. I won't be some mediocre drone living a life of quiet desperation. I believe in bitcoin and I'm going for broke, knowing the risks.

Amen, brother. Whatever will be, will be. When we get to whatever end, I'll be right there too. Amen, brother. Whatever will be, will be. When we get to whatever end, I'll be right there too. "The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."



- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'

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LegendaryActivity: 1708Merit: 1000 Re: I am pretty confident we are the new wealthy elite, gentlemen. June 05, 2011, 04:54:41 AM #18 Quote from: Atlas on June 05, 2011, 03:50:32 AM

What are you going to do with your Bitcoin wealth once your coins hit upwards of $10,000 a pop?



Pay of my debts, all denominated in nearly worthless FRN's, and then retire to the first libertarian seastead if the 'launch loop' isn't yet ready to take me to my ranch on the Moon. Pay of my debts, all denominated in nearly worthless FRN's, and then retire to the first libertarian seastead if the 'launch loop' isn't yet ready to take me to my ranch on the Moon. "The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."



- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'