BTC Suicide Stack?

You must have bought low

Explain then faggot. Because 21 million btc in existence?

exactly, they lost me when they said there are 47 millionaires in the world.

retaarded bastard man thes mean something ef fuck u

They forgot a word. 47 million millionares.

this article smells like pajeet

In that case you would easily need at least 4700 BTC

Yes they did.
But its kind of true when you think about in a scenario where BTC becomes a truly mainstream asset in the future.

Good job user, you did some research after getting salty. Obviously that's why, since owning 21 BTC is an exclusive club. If 21 mil BTC is the maximum amount of BTC (Really it's closer to 16 million), then you are one in a million who can own 31 BTC. Whereas if you have just 1BTC, you are 1 in 21 million.

between 1.5k and 13k

>top 10% richest in the world
>WORLD

Thats not an big deal if you already live in a Western nation. I dont think you realize how poor the rest of the world is. Hell even Mississippi the poorest state has a higher median wealth than the UK.

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Yeah, I figured that out. But 21 vs 4.47 wont really make a big differenece since it will still be a sign of ultra wealth if lets say BTC reaches $1M per coin

Retard. Top 10% of the 47 million millionaires not your shitty normie world.

I only have ten btc but it's mostly in link and eth frens will I make it?

Im one btc short of that. I can still make it the citadel. Right guys...pls

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You won’t make it with 4.47 BTC. This is assuming BTC replaces gold, what is the average portfolio distribution of someone with an ultra high net worth in precious metals? Somewhere in the low single digits... 5% if we’re being generous. Only the goldbug schizos will allocate more than this. The cutoff for being ultra high NW is $30mm so we would expect them to hold about 1/20 in BTC or $1.5MM. This would give BTC a value of $333k.

This doesn't make sense. First of all wealth across the world is not divided in equal share, and this is true even among millionaires. A guy with a net worth of 100 million dollars is still closer to a homeless person than he is to the bald guy of Amazon.
Now consider the following: From the 21M btc there is almost 5M that are lost forever. Now consider the fact that out there it's packed with people who have dozens, hundreds and thousands of bitcoins already and that they wont ever sell them, or not any time soon in your life time. That leaves a very short supply for a lot of people, making it less than 4 btc to 'make it', but this is only true as long as you can wait many years holding it. Else just keep hoarding more or get into other cryptos while you are at it.

Cope

in the top million holders permanently and guaranteed, no way to be diluted. Actually you're doing even better than that once you factor in lost coins.

Globally there are 48.6 million millionaires. Over 100,000 publicly listed companies. Iran is mining reserves and other governments will eventually follow.

21 is pretty much just a way to do easy math for assuring you'll be part of the elite.

Anyone else get ticked off when people say "bitcoins"?