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RE: There will never be 21 million Bitcoins

in #bitcoin6 years ago (edited)

Wow! This article was written in gold words. I'm appreciated a lot.
Before i thought that only 3,7 million bitcoin is gone forever. Now I see, that numbers way bigger than I'm expected.

According Investopedia.com
In the U.S., there are 13.6 million people with $1 million or more in wealth, up 283,000 from the previous year. By the year 2021, the number of millionaires will reach 18 million – a 33% increase from current figures.

So it means that supply of bitcoin is not enough for single millionaire in the U.S but wait we have the rest of the world with much more millionaires.
So my question is: Guys do you see what I saw?

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Yep, that is why bitcoin is either going a lot higher or going to zero if doesn't catch on. The outcome from here is likely binary. :)

I have seen a more frightening figures.
22.6 million people worth more than $1M today.
source: https://www.theguardian.com/news/2019/jan/16/kerching-400000-new-dollar-millionaires-created-in-2018

If all them would like to divide the BTC pie equally today, gues what ?
13.4M : 22.6M is....

0.59 BTC to each of them.

And if this is still not enough....

400,000 NEW dollar millionaires created in 2018 alone
657000 new BTC mined in 2018

657000 :400000= 1.64 BTC for each new member of the club.

And 0.00 to you. And me.

This ratio and growing pace is so impressive to me.
Are you still considering to sell your BTC, while looking at the -83% price drop ???

Very nice comment and it makes me feels like we should sell our last pair of socks then buy btc and HODL till oblivion :D
And there to many evidence that we won't regret :)
Thanks @onealfa

Bad idea, bad (about last pair of socks)
NEVER put all eggs in one basket. No matter how much you trust it.

@onealfa Sveiki Viktorai Sutinku puikiai pasakete ir tai yra labai labai geras patarimas.Ir kaip kad didžiausias pasaulio investuotojas Warrenas Buffetas pataria, niekada nerizikuoti viskuo į vieno tipo investicija, dėl tos priežasties ir naudojam portfelio diversifikacijas :)