Bitcoin Forum

If not fuck this shit, I'm out

So your going to sell 1 year from now?

You need about $1800BTC to see 6 figures...

So the question is, do you think we will see $1800BTC?

U wont get a 100% true and correct answer u could be a millionair or its just gonna be worth 5k

NO ONE KNOWS!!!

You need Bitcoin price to x4 in a year. This is unlikely to happen unless there is some big events happen in the crypto world. I'd say you might see six figures amount in your bank after selling your Bitcoin only in 2020 or 2025.

This question depend on how much money do you have in your bank today. If you already have 75 000 USD, you can see six figures amount in your bank today after selling your Bitcoin. This question also depend on what currency you are talking about. If you are talking about JPY, you would now see seven figures amount in your bank. :).

definitely

You think we won't see $2,000 BTC until 2020 or 2025?   :D

NO. You will only have 2 figures in your btc account 5 and 7, because you will absolutely not want to trade your bitcoin for fiat (or have a bank acct.) when they are worth 6 figures in fiat.

No chance in h3ll it will go to $1800 a coin. We will be lucky to see 600 before the halving in July 2016. We're going up in price but that doesn't mean there will be a plateau. ATH next year will be under 700. After the halving, we will see 3 years of bear market.

And who are you exactly

Is that what your brother told you?

You may get around 50k by 2016 if you take right decision at right time. It is quite un-realistic to think bitcoin will touch 1800$ around price within one year. After it reach past ATH of 1000 we will see lots of movement, i think more selling force.

We used to go 5-10X ATH every year until the last ATH..... and now the price doubling within a year is impossible?? LOL

I think so there is still possibility exist to see price around $2000 before end of year 2016 but in reality nobody can give you guarantee about this so calm down and see what happen there. 

Can you honestly say $2000 a coin by next year ::)

If it hasn't reach $500 by end of this year than that possibility is not written in BTC destiny.

It's ridiculous people are still doubting on reaching $500. In my view it's already in that range. You always can not expect the exact levels 10% up or down is most common with a fluctuating prices. Get ready for $1000 levels in first quarter of 2016 itself.

You are right $500 levels are already being tested.
A 6 digit figure is 0.1M and with 57 bitcoin is more possible in my way of speculating bitcoin prices. By the way 57 bitcoins are big number. How OP managed to save this many. Sharing the way of accumulating 57 bitcoins, it would be more energizer for many bitcoiners here.

it's feasible, not out of reality as i see it, remember that bitcoin can increase very fast, you forget the last ath how was achieved? in two week or so

now we are starting from 500, therefore it should be easy, but it will be an unstable increase for sure...

When speculating we can ignore 10% of prices, but for a bitcoin trader, in particularly looking for 6 digit numbers, they would be more conscious for reaching exact $500 price levels. I always aim for 7 digit figures in my bank account. But still I do not have one full bitcoin.

I think that we will see a new ATH in the 2016. You should be already happy with this. Will we see your price, I don't know!

You have a very nice amount of coins in my opinion! I wish I have nearly your amount! What you need is some patience! Give this thing another 4 years, not only a year! Stick your coins into a cold storage, relax and enjoy a ride!

You are right. Be patience. Bitcoin will get there, slow and steady wins the race. Don't cash out after 2016 when you haven't reached 6 figures. If bitcoin keeps on growing in value like the way it has, imagine what will happen next year. I believe that as long as I see potential and growth in bitcoin, I'll stick around.

Don't take your bitcoin profit for granted. There is no one who can predict what bitcoin economy will be in the future.
You probably earned a lot already, as recently bitcoin price is on the rampage after being low in the first half of 2015.
Bitcoin is good investment but it not the ultimate way of earning passive money. You need to be aware of that.

You shouldn't get out of bitcoin next year. You may not be able to see 6 digits in your bank account by the end of next year but you're able to see progress.
Progress is all that matters, just hold for 3 - 4 years and you'll be able to see those 6 digits.

Yeah i also think you will have 6 figures into your bank account with 57 BTC before end of next year it has great possibility for this to get price around $1800-$2000

Definitely, you will have 6-figures in your bank account

AND: the first figure will not be a '1' (of course also not a '0')

I think we already shown that bitcoin cam double in a year, heck, it doubled in a month or two just now grom 200- 400 range.

I wouldnt be surprised of You got six figures or close to it before the end of next year.

2016 I hope it for, you but dude just wait some few years 2013 and 2016 is not that far. People say that bitcoin will rise even more in 10 years.
So have some patients. Just be happy with bitcoin reach 1500 dollars.

First of all congratz for such a nice amount of BTC!
And yes it is possible.What you need is a price around $1750.Not easy to reach I think but not unlikely.
Halving will play a big role but also other factors how we keep evolving, how much we will progress will have an impact on the price.
And if 2016 shouldn't be the year it will happen, then it's 2017 and you just need to be a bit more patient.
But then what?Selling? Holding and wait for the next $100k?
I'd just hold, maybe use a tiny amount to buy some new needed stuff.But don't waste it!

lol at op comment, 'fuck this shit i'm out' lol
but, actually, yes, I think in 2016 we may well see those highs and more, with halving, more adoption, press, and once we get over 1k again, bitcoin will be all over media
chinese will go silly again imo
at the minute the chinese really are buying in huge numbers, this is a tiny fragment of market potential
I have seen chinese in other markets and take essentially worthless things from $7 to £2k
they are currently doing it with 4 letter domains

they get obsessed by things and patterns, numbers, finite resources
bitcoin in many ways is like a wet dream for them and lets them use capital flight

Possibly, I think 2016 will be a time of something happening in the financial world, either bitcoin will boom up to crazy levels or it will be pushed to the side and remain around where it is popping up and down.

How the hell would anyone know that? Do you just want to hear some good news? Ok man, sure you will have 6 figures. Does that help?

There is no correct answer to this question. I think that you won't be seeing 6 digits by next year. The price next year will be around 1000 dollars.

You are dreaming that the bitcoin price will be somewhere at $1,800 which i doubt it will be until 31st december 2016, maybe before or after the next halving period.

There's a good chance how you will, if you indeed have that much bitcoins, but i don't see what's the rush ? If you invest that money somewhaere else, it
will take you much longer to double it, whereas with bitcoin, it will almost certainly reach > 2k USD within 5 years or so.
If you want to try to speed that up, start trading, but either way i still think it would be smart to keep some of the coins for far future.

cheers

5 years? I expect more in 5 years but that's not why I invested in bitcoin... what happened to the glory days of 2011-2013 when a 10X rise was normal?

The rush? I'll be over 30 by then, I wanna have 6 figures liquid wealth before I'm 30

We'll see 10,000$/BTC next year imo

You do realize that is much easier to have a 10X increase from $1 - $10 or $10 - $100 than from $450 - $4,500, don't you?

You don't have any formal definition of "much easier", don't you?

57 bitcoins? that's a more than decent amount to have in your wallet(s). the price will need to go over $17000 in order to make you a millionaire. maybe by the time the price is rising, you'll have increased your coin count. that will help you get closer to your $1 million target.

Yes, I realize.... that's why I have 400 LTC too





There's no way in hell I'll be a millionaire with 57 btc..... It would be a god-send if BTC even went to $10K/coin... at that point I would sell and happily retire for a year, until I blow all that money

At what price did you buy 57 BTC? If you got them below today's price, be patient, there is no rush!

In various prices since 2013.... I actually lost 12 BTC but I managed to improve my cost avg throughout the bear market.

I spent $33,000 total.... so my cost avg is $580/btc... still in the red bro

ah ok, you are not that much in the red! If you don't need money just hold them. IMO Bitcoin is digital money, money of the internet, it's new, never existed before and I think it can go viral, same way internet products go viral (youtube videos, soundcloud music, .... I am sure the price can reach $1000 dollars soon and crash again, so I would suggest you to place a market order between 900-1000$ if you don't want to miss the opportunity to sell your stash.

Big things already happened and are happening. Current market cap of Bitcoin is ridiculous, 4x in a year is pessimistic prognosis, I guess it will be 10x.

Why is it so? If it has reached you can not say it is a fact it will reach. Has it yet? No. So there you have it at present.

Possibly not by the end of 2016 but if you can HODL on until the halving 4 years after that then I think yes.

It doesn't matter what price he bought it at.
What matters is what his view is.
If he is bearish, he has to sell his coins.

i dont think that its actually possible the price would have to rocket really fast to the sky so its possible only if people would start buying it a lot and for that we need huge companies to start accepting bitcoins as the payment method

I don't believe so but you shouldn't get out, as long as you are seeing progress in bitcoin, you should never abandon it.
Just wait a couple more years and you'll reach that amount.

Yeah I hope we will see that again in 2013. I wish I started to know about bitcoin in year 2010.
So that know I would have moe than 100 bitcoins now.

this is interesting, notice how we are lead to a more stabilization(the swings between the begin and the end are less massive) even if the price look bad, this is a good sign

so it seems that the price will increase a bit slower in the future

First of all congratulations on nice stack. Secondly, if you had the patience to survive the last bear which was 18 month long, I would say don't worry if you won't be millionaire in 2016. As most probably you won't. 57 BTC is still too little to get you there, as rising to nearly $20k per coin would mean to grow 50 fold in market cap from where we are here. Impossible, unless every single person on Earth start using Bitcoin for their daily payments on January 1st, 2016.

this fantastic table only confirms, what I have been talking about in this forum for quite a while. It is very easy to grow 100 fold in the very beginning, but it is way much harder to grow 100 times from where we are now. And that is what you more or less need to become a millionaire, with the holdings you have. Quite unlikely not only in 2016, but also till the following halving (around 2021).

I wouldnt expect you to be a millionaire by 2016 with that many bitcoins, but with a stash like that i would be pretty happy and just hold. you should be looking long term not a few months into the future. maybe in 10 years or more. Sounds like you are just going to blow it all anyways though.

I do think it's possible for the price to reach a new ATH in 2016, but I'm not quite sure if the value of your 57 coins will be in the 6 figure range. It could be in 2017 as we then possibly may break through $2000. Then you have your 6 figure value.

Are you certain about this presumption now?  :-\

Go out!
We don't want people who criticise BTC , if you can sign from address holding 57 btc then we can believe that you are saying truth or else I believe it's all lie.

So do you have 57 bitcoins?  That's quite a bit, and I'd hold on to them if you can. 

I'm a piker in the cryptocurrency space, a newbie and I don't own much btc but I'm working on it.  But as to your question...no?  Probably no.  But this is bitcoin where anything can happen, and for the good of all of us who are long, I hope so.

Lol get the fuck out bitch boy... I used to have more than 57, I'm not gonna waste my time proving it to you. It's not even that much compared to others here

Lol 57 BTC ain't shit you broke ass niggas!

i highly doubt that you will have that much money out of bitcoins as i dont think that the price of the bitcoin can grow that fast in just one year though it would be great if this happened and it is kinda possible i guess as there will be a halving event the next year

you can't wait 30 weeks ?
bad for you ...  ::)

http://bitcoinclock.com/

 :D

It's not likely it will be 6 figures. But by the end of 2016 you will earn a lot more then you earn now with those 57 bitcoins.
To make your story even better you should try to get to 100 bitcoins.

Find a way to double it to about 100 and I think you can do it.

If 2016 will be like november/december of this year, then you will at least 6 figures.
Realistic saying... no it's not that easy.

6 figure is possible from 57btc
It only needs less than $2k per btc
Many analysts predict $2300-$4400 by 2017 and they maybe right
But also acquire a few more btc if you can, better safe than sorry ;)

And how would I do that without gambling or day trading? Neither of which I'm good at. I don't have another $40K to drop in a risky investment like btc

if I have 1 million satoshis will I be able to convert them to 1 million dollars after the halving?

A trillion.

Well when Bitcoin is going to Jupiter 10 times plus the way back and fiat is inflating like hell, then yes this could be a possible scenario. :D
But only then!!

The moment the bitcoin plan is working out, you will have a good amount of profit, but it won't be 6 figures.
Too many factors are unclear right now.

But there will be a nice little profit for you.

6 figures is only 100k, I  think it will happen for sure
But maybe not as fast as he would like.... 1800 per btc sounds reasonable to me Considering the halving and all the publicity from big companies who are getting interested....

keep ten coins and sell the rest

That makes zero sense to me.... Keep them all if you can afford it...

well for that, price of bitcoin have to be 1.754$, and that probably won't happen, but 1000$ may happen, so you would have 57000$ which is awesome too, if we want that high price we need to rise price much as we can now, before halving, so we will have larger price after it

You won't get it. If such incident takes place consider it to be an accidental incident. Such sudden growth in bitcoin will surely lead to some collapse.

I'm voting for a hell no. It would be sweet but there's nothing on the horizon to create that type of hype. If it was me I'd start making some wild alt bets with one or two coins.

A price of $1750-$1800 per coin which you will need to achieve your goal is not impossible but very unlikely.
If we are lucky we will see $700-$800 hopefully on a stable bases at the end of the year.
So I would say you will hav to wait a little longer to reach your 6 figures.

I think 2k+ btc are very probable after the supply halving the available coins will take a while to dry up and then the sky is the limit... ;)

Why are people looking for such a quick return in bitcoin.....

fools..

You can be rich with 57 Bitcoin if you hold long term (and long term is 5 to 10 years), but you will not since I can tell you are desperate for quick gratification, this is why few people will become rich from Bitcoin, in the long term few people will hold their coins, making them rich.

A majority of the people looking for a quick return with bitcoin think that we'll experience another 2013, where the value spiked from $100 to $1.2k and they'll be able to walk away with a lot of money, while also completely disregarding the fact that a lot of the Mt.Gox value was manipulated into existence through a bot, and not through investors.

by the end of 2016, you will be having a good profit. you do not have to reach 6 figures number in one year. do not be greedy and be reasonable .

lol I forgot I made this thread.


I have 60 bitcoins now. My profit right now is decent, but I want 6 figures before I sell.... I need $1800/btc

well actually  i don't think that you have 1000000$ with only 57 bitcoins as their price should be very large, price of one bitcoin should be 17,543$ and that it way too much

i think that price at end of this year will be up to 1500$ so i think that you should wait to atleast 2020 to see 1000000$ price in your wallet with only 57 bitcoins

6 figures is $100,000 not  1,000,000$

i think that this will definitely possible because the price has to go to 2 thousand dollars per bitcoin, i think its possible

I think it's very likely.

lucky you, 60 coins is a big number. okay, if bitcoin market cap reach 100 billion, each coin will be around 5k, then you will have quarter mil.

Yeah I do not think that the price is going to be that high at the end of 2016 but as you can see right now the price is rising faster then ever.
If this can somewhat go on after the halving it is possible.

I have 62.7 now ;)


OMG $5K/btc would be a dream come true!

Just think how many more people/countries even  are on the train now that didn't know what a Bitcoin was back in 2013....
If it hits 1.2k on the next high there is  no reason why it would stop there, I foresee spikes to  1200-1500-1800-2000 this year and then it will correct itself down to some point that will still likely be above 1.2k

yeah, bitcoins is a real long term investment in my opinion and you will need to wait long for big prices

i think that you might need to wait a lot of time for having that much money with only 60 bitcoins

60's alot. when you throw in lost coins there'll probably never be more than two or three hundred thousand people who can ever own that many. when you throw in the massive amounts we know are hoarded by certain people it's probably a few tens of thousands.

sure, it's gonna take a while, if ever, but someone who owns that many is right up there if it goes global.

No, you will need at least 1000 coins to be a millionaire at the end of 2016. Yes, I think we will see $1000 by end of the year.

I prefer to keep a negative outlook in my bitcoin expectation my friend, this way you will avoid unnecessary deceptions. I personally will be satisfied if the bitcoin price is around $300 at the end of this year. Waiting for $2000 at those days seems a bit unrealistic seeing the permanent instability of the bitcoin price.

Well I think you wouldn't be seeing a 6 figure in your bank by the end of 2016. I think that way because you need bitcoin to be priced 1800$ or more to achieve that, but it would be hard because of the current rally now, going up and down. Just wait for it man I know it will be 6 digits not just now.

Du you mean "just not now", or?? Pls advise.

What he tries to say is that it will take more than 6 months to reach a sum of 100k+ with 57 coins.
OP will need to have a bit more patience.Give it another 18 to 24 months, so we speak about beginning to mid of 2018.Then I believe he could definitely be in the 6 figures with his stash of coins.

Better than seeing 6 figures in your bank account is seeing 57 bitcoins in your Bitcoin wallet.

6 figures means we need 2k a coin.  I think even hoping to have that by 2018 is going to be A long shot.  I think after the halfing price will get stuck below 1k and probably never get past it.  If bitcoin is around in 10 years time which i doubt as it will probably have been replaced then maybe we could reach
2k.

57 bitcoins and needing a six figures makes it 1 BTC to be near 1700 to 1800$. See the current price of bitcoins. It is 650$ (not even half of 1800$) . So you cannot have a six figure in your bank unless the price sky rocket for any unknown reasons.

That is right. I think the price of $1800 is for the time 18 to 24 months away from now, not 6 months.

We may all be having a good profit by the end of 2016.  Having 4 digits at the end of the year is good enough for me unless the BTC reached 10K, then we all hit the jackpot

Btw guys... I have 65.7 BTC now. When will it be worth $100K??

I do not think so. the price could be around $1000 by the end of the year, so you can have about $66,000.

$66K is shit