Title: What if I buy 3BTC now and forget about them for 10 years??? Post by: donbu7 on May 22, 2017, 04:31:50 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years???
Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Junko on May 22, 2017, 04:55:20 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Yes, you will be rich beyond your wildest dreams. Yes, if you lose your private keys/password(s) Depends, see above Yes, I would do it. In fact, I have been/am doing it right now. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: angrynerd88 on May 22, 2017, 04:55:43 PM The future of bitcoin looks promising at a moment and if bitcoin survives for next 10 years then you will surely become an millionaire with that amount as just look at the current increase in the price of bitcoins and if it continues then after 10 years may be will witness the price of bitcoin in millions but to be honest its really hard to predict what will be scenario after 10 years.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Asrael999 on May 22, 2017, 04:57:17 PM Define Rich?
Probably not Will likely have made lots of extra USD at some point in the ten year cycle but will a USD be worth anything? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Wilhelm on May 22, 2017, 05:12:20 PM Simple information
1. Nobody knows so if you ask you will get 1000000 advices. And remember it's not their money so they can easily give you shit advice. 2. If you have the money then why not give it a try. If you don't invest you will never win (or lose). 3. You might want to consider waiting for the next bear market and try buying lower or just ride out the 10 years hoping this was low compared to the $100k in 2027 ;-P. 4. Waiting 10 years is a good plan and I believe it will either be at least 1000% higher or extinct. But I would read up on Bitcoin and make an educated guess on when to get out. 5. You could do a phased buy. Buy 0.1 BTC every week or month. This will give you an average buy rate. 6. Look at the history charts and try and see patterns. 7. Greed kills so don't make any rush judgements. 8. If you still want to do the 10 year plan then stick to it and don't get scared even if it goes down the shitter for a while. Anyway. Read up and make your own plan and stick to it. I think that bitcoin will be >1000% higher in 10 years. I have been in Bitcoin since 2013 and my plan has been to hold until 2020. My reasoning has been that the game will change when mining is no longer profitable and only few coins are to be mined. I have tried trading with 1 BTC and lost most of it, but learnt a lot about trading. Now I view my BTC holdings as a lottery ticket which has a high potential of winning the lottery :) So in essence I am running the same plan as you are and I believe a lot of people are doing that too. In the beginning I was a bit scared seeing it all plummet but nowadays I don't care. I forget about Bitcoin regularly and don't obsess on it anymore. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: gentlemand on May 22, 2017, 05:30:37 PM The first question you should be asking yourself is - will I care if I never see that $6000 or so again?
If it's a yes then it's time to look into it. 10 years will be more than two halvings away. If Bitcoin survives and thrives it will pay off. There will never, ever be more than 7 million people who can own more BTC than you. Multiply that by a big chunk of the planet that wants Bitcoin and you might end up with a favourable result. And there will be significant dips along the way. Will you be able to hold out? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: JimboToronto on May 22, 2017, 05:39:12 PM I bought 25 bitcoins in 2011 at the price of 1 dollar my only regret is i didn't buy more i am not rich .. yet ;D Give it time. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Qartada on May 22, 2017, 05:48:58 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Quite possible. Depends where Bitcoin goes as a speculative investment, a "digital gold" or as a practical currency. There are a lot of factors that could affect this.Will I be rich?? Quote from: donbu7 Will I have lost all the money?? No, except for in the unlikely scenario that people give up on upgrading Bitcoin and move to a centralised altcoin with more powerful developers, or in the unlikely scenario that you lose your private keys/seed.Quote from: donbu7 Will I have just make a few extra dollars?? Absolutely not. It's very unlikely that Bitcoin will stabilise in price until it's found its place in society. If that place is nowhere, the price will be zero. As satoshi put it:Quote from: satoshi I'm sure that in 20 years there will either be very large transaction volume or no transaction volume. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: LFC_Bitcoin on May 22, 2017, 05:54:05 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? I'd say that you will have made a very, very nice profit. Personally I'd advise you to do it ASAP before the price soars even higher. This train waits for no man. I bought 25 bitcoins in 2011 at the price of 1 dollar my only regret is i didn't buy more i am not rich .. yet ;D I think we all wish that we'd bought more at much lower prices but we can't control the past & missed opportunities. Just make the most of the chances we have now i.e. HODL Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: hasiramasenju on May 22, 2017, 05:57:38 PM you would not lost your money because for next 10 years i'm pretty sure bitcoin still valuable on that year and regarding the price it is hard to predict even the price was so high currently but doesn't guarantee the price will increasing for every year and there are possibility you will be the rich man but possible too you will became poor man
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: lionheart78 on May 22, 2017, 06:03:18 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? There is always risk in every investment, the possibility of getting profit from it is quite big. Since Bitcoin have still huge way to go to saturate the market. If ever Bitcoin solved its scalability, I believe, option one will more likely to happen. You will be rich. Deflation and exponential adoption is the key factor in Bitcoin price increase. So definitely the price of bitcoin might be 10x after 10 years. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: rjclarke2000 on May 22, 2017, 06:09:35 PM Stop wasting time and buy the bitcoins and enjoy the ride. DO NOT sell if it drops a little.
It'll drop and then blast through the ATH again if you are patient. Long term you'll win. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: rjclarke2000 on May 22, 2017, 06:11:13 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? There is always risk in every investment, the possibility of getting profit from it is quite big. Since Bitcoin have still huge way to go to saturate the market. If ever Bitcoin solved its scalability, I believe, option one will more likely to happen. You will be rich. Deflation and exponential adoption is the key factor in Bitcoin price increase. So definitely the price of bitcoin might be 10x after 10 years. Even 10x what it is now wouldn't make you rich where I am from if you only have 3. Sucks really. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: harizen on May 22, 2017, 06:17:55 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? There are some things today that backing up the bitcoin price increase so it's reasonable to believe that it will go up more plus some of the expected big news that will happen this year. If those postive speculations will happen then expect more big surprises for many years to come. For spare money of mine, why not? If those money that will you used will not affect your current financial status as you will consider that amount as "loss" for now because you will idle it then you go with that plan. Will you be rich? Depends on how you define rich as how much money must a person holds before we can say there are rich. Will you have lost all the money? Has chance that's why prior to sleeping them you must considered them as invisble and loss already. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Siren on May 22, 2017, 06:19:49 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? 1. Yes Definitely you will be rich because the price of bitcoin is doing good. And there will be another halving is 3 years that makes bitcoin scarce because the supply is so little. So the price can go up. Sky is the limit. 2. You will not lost your money because the price is going to the moon. 3. You will not make a few extra dollars. You will make thousands of dollars from it. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: willope on May 22, 2017, 06:26:48 PM Well in 10 years you will have exactly 3 bitcoins.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Zicadis on May 22, 2017, 06:58:21 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? First you should understand bitcoin is not a free ticket to riches your might make 5 times your money or find the same value today after that 10yrs period but as long as demand will be there am certain you be a happy man when you check you wallet.Quote Will I be rich?? if you consider $30k rich yep you will be a rich man,good luck Quote Will I have lost all the money?? As i said already this is not a golden ticket to becoming rich hence the risk factor tied to it, there is a possibility of making a loss but chances are low for that to happenQuote Will I have just make a few extra dollars?? What i can guarantee is a profit will be there, just don't know how much it will beWould you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: olushakes on May 22, 2017, 07:06:58 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? In addition to what others have said if I have that amount of money that I am not using and I am sure even if I lose it, it won't affect my financial status by any means, I tell you I will gladly make that decision without looking back because I am sure I am forgetting about it and that is the most important thing. But when you do, just don't be distracted about whatever its going to happen to price in the short term focus on the long term.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: goinmerry on May 22, 2017, 07:15:23 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? If kinds of questions like that are easy to answer then we might get rich by now and able to hold bitcoin back when the price reaches it's lowest price after Mt Gox saga. The one you should do is to take the risk if you can afford to spend that kind of amount to puchase BTC3 and see what will happen. Realistically it's not enough to just put trust on bitcoin but learn the real thing that can push the bitcoin price in unimaginable price. If I will do it? If I have extra bucks to risk on that kind of thing then yes. Let my coins and accept whatever happen after 10 years, a nice reunion or a graveyard? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: lite on May 22, 2017, 07:29:45 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? You probably won't be rich but you will have a lot more usd than you invested. i'm buying small amounts of bitcoins every month. :)Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: susila_bai on May 22, 2017, 07:37:53 PM Nothing can be told about the future, but one thing is their the way it is getting accepted by some country if you are lucky and most of the country have accepted bitcoin as currency then surely you will be having the value which is not imaginable, till that time you have too be very secure and keep secured your wallet.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: coinplus on May 22, 2017, 08:15:48 PM The future of bitcoin looks promising at a moment and if bitcoin survives for next 10 years then you will surely become an millionaire with that amount as just look at the current increase in the price of bitcoins and if it continues then after 10 years may be will witness the price of bitcoin in millions but to be honest its really hard to predict what will be scenario after 10 years. Yes I agree with you that the future seems positive and everything is going as one can wish. But actually 10 years is a long time and I wonder what would be the state of coins after 10 years, might even die or might even reach sky high prices.Maybe its smart idea to invest now and once price reaches 3-4k in coming months, years then sell them and buy the bitcoins with the profit you got. This way you would never regret saving them. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: lionheart78 on May 22, 2017, 08:29:53 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? There is always risk in every investment, the possibility of getting profit from it is quite big. Since Bitcoin have still huge way to go to saturate the market. If ever Bitcoin solved its scalability, I believe, option one will more likely to happen. You will be rich. Deflation and exponential adoption is the key factor in Bitcoin price increase. So definitely the price of bitcoin might be 10x after 10 years. Even 10x what it is now wouldn't make you rich where I am from if you only have 3. Sucks really. I am sure he will continue to accumulate that is why I said that stuff. An investor will keep on investing once he saw his initial investment grow. Aside from that 10 years is very long time, during those times he would have learned trading, and probably will keep on saving from his earnings from those trades, Aside from that, in certain part of the world, 3 bitcoins equals more than million of their currency. if it increase 10x. And that is enough to make them rich. And I agree, it sucks when we realized that what we holding right now can make people in other part of the world rich while it will never have an effect to our financial status where we are from. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: DrGuns4Hands on May 22, 2017, 08:36:31 PM At that juncture, investment is another risky thing in this cryptoworld. But if you have that 3BTC yes! You can be rich as much as you want because if you already have 3BTC and you start earning money? In that case, you can afford to buy more bitcoin and that's an okay job to start earning a huge amount.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: jc89 on May 22, 2017, 09:40:38 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? No. You forgot that you have 3 BTC in possession so you will not gain any benefit from it. Will I have lost all the money?? Yes. As to what I've said earlier, forgotten BTC = no benefit = all money lost. Will I have just make a few extra dollars?? No. Refer above. Would you do it?? No because I cannot afford to buy even a single bitcoin so I have to pass. IF ever that I purchased 3 BTC, I will not forget that I have them. I will KEEP them and stay untouched (the btc, not me) until the next 10 years. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: wuvdoll on May 23, 2017, 12:22:13 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Honestly speaking not just because I am using this forum that I have to speak positively but actually the price of bitcoins in coming 10 years might be un-imaginable because you see the price is not going down at all. It's not very wise to buy now that the price is so high but yeah even if you buy and have a long term in sight then you might see some bonkers income when you open your wallet after 10 years, maybe a millionaire.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: ViceOfBTC21 on May 23, 2017, 01:25:29 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Maybe, you are gambling that price will go up or be the same when you will find these BTC. Yes, if you lose wallet where you store your BTC or BTC will lose its value. When you have it, no. I can only guarantee that you will any, even small profit. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: afbitcoins on May 23, 2017, 02:34:55 PM Buying now is not the best entry point as price has already increased a lot, however you might see huge gains in just a month or two the rate its going never mind 10 years.
You need to recognise that investing in bitcoin is a risk though, there is a real chance you can lose out too. Only invest what you are comfortable with. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Taki on May 23, 2017, 03:41:08 PM Today we can only suggest what may happen with bitcoins. Bitcoin have all chances to raise higher, many economists predict 10000$ price for bitcoin. I am used to believe to them.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: el kaka22 on May 24, 2017, 08:52:29 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? I am not sure if you be rich or not. What is your standard to be called rich ? It depends upon you if you were smart enough to not forget about it and instead of leaving it aside go for something productive with it which makes your 3BTC a minimum of 3000BTCs. This will be your real success.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? I am very sure in next 10 years bitcoin may value in millions then owning just 3 bitcoins itself might make any one as fiat riches. I believe I could be rich in next 10 years this way. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Sundark on May 24, 2017, 09:14:32 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Probably not, but there is a high chance that you will won't lose any money, and earn some profits.Will I be rich?? There is no one who can guarantee you that Bitcoin will be always growing investment. We can only base our opinion of 8 years of bitcoin history, news and expected upgrades. I will tell you only that the future looks bright. If you have spare fiat money then don't wait, buy BTC now. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: BitcoinPanther on May 24, 2017, 09:17:27 PM If I consider the prediction of Paypal director Wences Casares (https://www.cryptocoinsnews.com/bitcoin-will-hit-1-million-5-10-years-says-paypal-director/) You will be multi-millionaire after 10 years of holding. Imagine bitcoin increasing to 1 million dollars a piece after 10 years. Though it is a bit exaggerated, holders like us are hoping for it to happen.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: DustyRah on May 25, 2017, 01:15:46 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? If you don't buy the 3 BTC, you would be the most foolish person in this world. The investment is so low but the upside is extremely high. You should do it right away! Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: naidray on May 25, 2017, 07:10:24 AM I bought 25 bitcoins in 2011 at the price of 1 dollar Yes I agree. You were lucky to buy it on such a cheap price but it is not yet the amount that one can say made him rich. My opinion about rich is that I will consider someone rich with bitcoins if his earnings are enough to buy some regular bitcoins and reaching 25 to 35 bitcoins and prices of bitcoins in 5 digits then I will say that yes I am rich now.my only regret is i didn't buy more i am not rich .. yet ;D With 3 bitcoins, we might need bitcoin to hit prices in millions to be come rich. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: jaberwock on May 25, 2017, 07:15:48 AM If you just forget about them, then you may lose them because you forgot your password and lost your backups or something like that, so better take a look at them once in a while.
But I think you would be richer than if you owned 3 Bitcoins today. Some people say that Bitcoin may reach 1M in 10 years, surely worth a try. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: tabnloz on May 25, 2017, 07:35:09 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? By then, you'll have a single block reward, more or less; a One Blocker. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: rajasumi3 on May 25, 2017, 07:52:03 AM You will be rich more than you can imagine.its rude to say but u dont know the future than how much you will earn in the future and even if u remembr bitcoins private keys.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: KroFly on May 25, 2017, 10:49:16 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Well, there are only 2 options: either you will be rich or you will lose all the money. I invest for the long term, but not the lodge all the funds in one cell. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: 1Referee on May 25, 2017, 11:09:42 AM If you just forget about them, then you may lose them because you forgot your password and lost your backups or something like that, so better take a look at them once in a while. But I think you would be richer than if you owned 3 Bitcoins today. Some people say that Bitcoin may reach 1M in 10 years, surely worth a try. In order to make sure that you never lose access to your coins, you should have a back up of each and every of your private keys. Best thing to do is to have them engraved on a piece of metal, as that will greatly contribute towards a strong durability. Printing them on a piece of paper (paper wallet) is also a good option, but here you enjoy less durability due to the fragility of the material. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: jubalix on May 25, 2017, 02:02:51 PM you will have between 100k and 3M adjusted back for inflation
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Amph on May 25, 2017, 02:15:36 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Well, there are only 2 options: either you will be rich or you will lose all the money. I invest for the long term, but not the lodge all the funds in one cell. or he simply have a good return without being rich, you know 3 bitcoin is not a good amount to become reach unless you believe that bitcoin will go to 1 millions per coins, which is really asking for too much even in the possible adoption scenario i can't think how it could reach such a value, which is also 3 times higher than the one of gold, if we were to compare to it Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Gameroid on May 25, 2017, 10:53:50 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Well, there are only 2 options: either you will be rich or you will lose all the money. I invest for the long term, but not the lodge all the funds in one cell. or he simply have a good return without being rich, you know 3 bitcoin is not a good amount to become reach unless you believe that bitcoin will go to 1 millions per coins, which is really asking for too much even in the possible adoption scenario i can't think how it could reach such a value, which is also 3 times higher than the one of gold, if we were to compare to it Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: hase0278 on May 26, 2017, 01:36:54 AM If you will buy btc now and forget them for 10 years, you can gain a huge sum of profit from your investment but there is still a risk of you getting a huge sum of loss too from the investment that you will make. I suggest before buying wait for a lower price range so that you will have more profit. I think personally that the price range we see now is high. If it is me I would definitely buy 3 bitcoin but not this time not unless I see it in a price which is just right for me to buy into.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Kimi80 on May 28, 2017, 06:20:51 PM It`s hard to predict. Lot of things can happened in 10 years. I can agree with people who say that it is a small amount to invest and expect to get rich. For short terms investment is okay, on long time, who knows. I would also wait for value to drop a bit and then would buy some.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Richard Branson on May 28, 2017, 06:32:14 PM If you will buy btc now and forget them for 10 years, you can gain a huge sum of profit from your investment but there is still a risk of you getting a huge sum of loss too from the investment that you will make. Upwards potential is huge. You can lose a max of 6k USD with 3 BTC. Nothing that really matters. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: maku on May 28, 2017, 06:35:19 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? According to Leader of @diginomics, Travis Patron: "Owning 100 bitcoins will give you the financial momentum to never have to work again."Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? and "Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years." So yes, buy Bitcoin while it is still cheap. There won't be second chances, we are still early adopters. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: MiladMax on May 28, 2017, 06:50:54 PM you'll be rich by then...
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: AjithBtc on May 29, 2017, 09:52:30 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? According to Leader of @diginomics, Travis Patron: "Owning 100 bitcoins will give you the financial momentum to never have to work again."Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? and "Owning even 1 bitcoin will put you in the top 1% financially within the next 30 years." So yes, buy Bitcoin while it is still cheap. There won't be second chances, we are still early adopters. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: HatakeKakashi on May 29, 2017, 02:59:31 PM If you buy 3 bitcoin and forget this for 10 years maybe you will become rich because they have possible the price will become $10,000 each bitcoin because the price everyear increase and I believe bitcoin will live long but it cannot live for more decades. Maybe 20 years is the maximum they live but I hope bitciin will live long . Many people for sure hold their bitcoin for their future. But remember no one can knows what happrn in the future maybe you can earn a lot of money but they have possible that your money gone.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: ofergul on May 29, 2017, 03:03:15 PM in 10 years i think 1 btc will worth 2 kg of gold and 6 kg of gold will certanly make you richer than you today.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Gilboa on May 29, 2017, 03:05:17 PM You honestly think you can refrain from price watching!
You're stronger than I as I cannot look away. The longest I went without looking at BTC price is maybe 1 week. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: sandor111 on May 30, 2017, 12:37:34 AM If you buy 3 bitcoin and forget this for 10 years maybe you will become rich because they have possible the price will become $10,000 each bitcoin because the price everyear increase and I believe bitcoin will live long but it cannot live for more decades. Maybe 20 years is the maximum they live but I hope bitciin will live long . Many people for sure hold their bitcoin for their future. But remember no one can knows what happrn in the future maybe you can earn a lot of money but they have possible that your money gone. It will take great patience to hold bitcoins for that long period of time as most of the people will start selling their coins when they see price going higher to make profits so there will be very few people who will manage to hold their coins with great level of discipline and there will be many who will get panic and may sell their coins at a wrong time. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Buerra on May 30, 2017, 12:53:41 AM Traders doesnt win with trading they are waiting for right moment. You need to sit tight and watch the chart,on every downtrend turn off computer and go to walk :D
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Luno on May 30, 2017, 01:05:40 AM If you succeed in doing that then I am sure that you will become rich after 10 years as at that time the price of bitcoin would be beyond our imagination and who knows only 3 bitcoins can make you millionaire so that would be the best investment to make and if you have more money then you can go beyond 3 btc as more bitcoins will give you more profits in future.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: aso118 on May 30, 2017, 01:48:26 AM If you have ~$6,000 that you have no immediate need for and can afford to lose, I would say go for it!!
It will take a lot of self control for you to hold on for the next 10 years though. At the end of it, you will be a rich man. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Schuyler on May 30, 2017, 01:58:51 AM If you have ~$6,000 that you have no immediate need for and can afford to lose, I would say go for it!! Being rich on those 3 bitcoins would still depend on a lot of things. Would bitcoin still be the top crypto currency in ten years' time? If that money is something that you wouldn't be needing in the next ten years and willing to forget about, then the decision is all yours. And maybe don't expect too much just so that you wouldn't be disappointed and maybe you'd be surprised if the price is higher than what you expected it to be.It will take a lot of self control for you to hold on for the next 10 years though. At the end of it, you will be a rich man. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: sandor111 on May 30, 2017, 01:59:06 AM If you have ~$6,000 that you have no immediate need for and can afford to lose, I would say go for it!! It will take a lot of self control for you to hold on for the next 10 years though. At the end of it, you will be a rich man. Yes self control, patience and discipline is must to hold bitcoins for that long term as he will surely see ups and downs in the price in that duration and if he manages to hold coins without getting panic then he will surely become a rich man in future as price will be much higher in next 10 years. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: bL4nkcode on May 30, 2017, 02:22:35 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? How can you be rich if you forget about them and if you didnt remember its login details if you use an encrypted one, 10 years is so long and so many things will happen. Even if you have an offline backup on it that you store/save in your treasure box, if there's no something bad then that's awesome, you will be rich on that year if and only if bitcoin is still alive :D Just kidding, I know bitcoin will survive for a long time.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Ayiranorea on May 30, 2017, 05:59:31 AM You'll be very rich holding a good volume of fiat in excess fulfilling all your desires. To have a clear understanding just think of the growth that has taken place in a time around 8-9 years. Just buying at 10$ long back have given around a profit of more than 250%, so investing now might get you similar growth after 10 years.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Yutard on May 30, 2017, 06:57:18 AM If you buy 3 bitcoin and forget this for 10 years maybe you will become rich because they have possible the price will become $10,000 each bitcoin because the price everyear increase and I believe bitcoin will live long but it cannot live for more decades. Maybe 20 years is the maximum they live but I hope bitciin will live long . Many people for sure hold their bitcoin for their future. But remember no one can knows what happrn in the future maybe you can earn a lot of money but they have possible that your money gone. That is right. But if the bitcoin or another coin such as Zcash are in active development and used widely, the price will rise. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: giveen on May 30, 2017, 08:22:07 AM Nothing much would happen you will suddenly discover your wallet with 10 btc and see it's totaly value will be some 100k and then you will either make another accou here or just post with this account another topic 'Found a wallet with 10 btc in it'. After you post that your pm will get flooded with people giving you useless tips and asking you if you can share some with them. But to the point of you actually plan to do that , then it's a really good idea in my opinion
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Yuuto on May 30, 2017, 08:58:11 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? How can you be rich if you forget about them and if you didnt remember its login details if you use an encrypted one, 10 years is so long and so many things will happen. Even if you have an offline backup on it that you store/save in your treasure box, if there's no something bad then that's awesome, you will be rich on that year if and only if bitcoin is still alive :D Just kidding, I know bitcoin will survive for a long time.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? I think it would be wise to do like an nlocktime transaciton instead of having your private key because i believe that bitcoin is definitely going to go up in the long term, so therefore selling anytime soon would be an absolute waste of effort and bitcoins. If you do an nlocktime transaction and throw away the private keys( make sure you do so securely) then you will be able to basically force yourself not to gamble/sell too low of a price. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: rjclarke2000 on May 30, 2017, 09:27:18 AM Do it.
Create a paper wallet and print 2 copies. Put a copy in 2 fire proof safes in 2 locations. Maybe even buy a waterproof/ fireproof sleeve to seal it in. Try and get on with your life and do not touch them. These will be safe stored offline. Go on bitaddress.org to get a paper wallet and make sure you wipe your history and have a printer that is offline when doing this. Share your private key with NO-ONE. 3btc may not be enough but who knows, it could be $100k per btc or far far less. Nobody knows what the price will be so invest and forget. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: freebutcaged on May 30, 2017, 12:32:16 PM Did anyone buy at $2100 yesterday? because price just hit $2290 and my jaws are on the floor, if you did buy 3 Bitcoins
At $2252 now you could sell only after 24-36 hours to earn pure $114, now tell me if that's not something extraordinary? Where on earth you can invest less than $7000 and earn $114 in 24 hours later? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: rjclarke2000 on May 30, 2017, 12:52:07 PM Did anyone buy at $2100 yesterday? because price just hit $2290 and my jaws are on the floor, if you did buy 3 Bitcoins At $2252 now you could sell only after 24-36 hours to earn pure $114, now tell me if that's not something extraordinary? Where on earth you can invest less than $7000 and earn $114 in 24 hours later? Yeah but that's the gamble. It could have dropped. Also with bitcoin that's nothing!!! I have woken up with huge gains over night and then the next day half the gains gone. Not for the faint of heart. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: MachineZero on May 30, 2017, 01:17:14 PM It is pretty much unanimous that Bitcoin will have a binary outcome. At its current trajectory, it is expected to be adopted by more people therefore grow is value vs fiat since there is a finite supply. At what price it will end up is anyone's guess. A variety of factors such as the market share vs altcoins and US dollar reserve currency status will mean the difference of 5 or 7 figures in a positive outcome. On the negative side, I do not think it'll go to zero, but can go near the current value of 1 dogecoin. Of course, that would be in the event of a catastrophic loss in confidence. The factors that will govern the price on a negative outcome is government regulation, chain split, change in PoW algorithm and again the market share & features of altcoins.
The Bitcoin civil war is bringing about uncertainty of future Bitcoin success vs Altcoins. It could be a blessing in disguise that allows for late comers to have a chance to accumulate. Or it can mark the beginning of the end of Bitcoin's reign and first mover advantage. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: FlightyPouch on May 30, 2017, 01:24:45 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Many things might happen but the best thing is that, it is a sure big profit. You will be rich because the time it was released on January 2009, more than 8 years ago, it was almost free, it is not even worth a dollar. You will be rich, the thing is, from a bitcoin which don't have a price became a $2100 or $3000 it is a big price and super big profit. You might lost your money, but from the investment that you made from bitcoin, multiply your money for almost 100 times. That is not an few extra dollars, that is a fortune. I would, the bitcoin is still not reaching 10 years, it might be something bigger. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: ktabb on May 30, 2017, 01:43:03 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? People on this thread telling you that you'll definitely be rich or questioning whether or not USD will be with anything are crazy. In 10 years, Bitcoin won't even be remotely close to overtaking USD as a currency. I don't know if it will ever be. It has a huge volatility problem. Right now it is not a currency, it is an investment or medium for transferring money. You probably won't be rich by holding btc for 10 years. You might make some money, but the odds of 3 btc making you rich are very small. Bitcoin has a lot of big hurdles to overcome before it can go up very much. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: makolz26 on May 30, 2017, 01:57:57 PM Then it is a sorry for you, just be vigilant in everything and of course you make some pattern in your password etc, make your personal email as your secret diary and just don't ever forget your email. As per me I see to it that I won't forget my email, I make pattern by myself and of course my spouse knows my password.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: YuginKadoya on May 30, 2017, 02:04:44 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Bitcoin is totally reaching the height we can not imagine it can reach and the answer to your question that I am really thinking right now is yes! you can be super rich if the price would go straight up within that 10 years span you have a 3 BTC but forget about the forgetting part because you might forget the password instead then goodbye bitcoin and millions of earnings that you have right now, I think you just need to save and just go with your life and don't spend that 3 btc in 10 years and lets see what happens. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Termin4tor on May 30, 2017, 02:24:31 PM Rich? Probably yeah. With the recent trends and everlasting increase in the price of btc I would presume you will double your initial investment.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: HatakeKakashi on May 30, 2017, 02:31:07 PM Rich? Probably yeah. With the recent trends and everlasting increase in the price of btc I would presume you will double your initial investment. Rich? If the op have 3 bitcoin only in his wallet and like you said his money possible to become double do you think that amount his rich? I think not because the total of his money for sure is $12,000 plus if they become double. Op said 10 years if the bitcoin price very big price they have possible op become rich but less percent only i think. Because those people have hundreds of bitcoins for sure they will become rich.3 bitcoin is small amount to become rich.Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: moviebuff777 on May 30, 2017, 02:50:48 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? I would expect the price to be around $5000 in 3 years. Who knows for sure. The price could drop or go to the moon, but I'm guessing a slower steady increase. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: freedomno1 on May 31, 2017, 04:56:43 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Probably more if you bought 3 BTC in 2013 Early in would be $90 if you bought at peak $250 or around $400 or so in 2014 Today in 2017 its at 2600 So its likely you will be significantly richer just holding assuming there are no issues 10 years may be a bit long but if you check in now and then wouldn't hurt to just leave them sitting there. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: marcuslong on May 31, 2017, 06:03:35 PM Then you can make a good profit after that expert says that bitcoin become $10,000 or maybe more than that or half a million depend on the fitire furtune of bitcoin we can say but most of the time a good prediction is always good i like it when bitcoin becoming expensive.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: JofryTheKing on May 31, 2017, 07:41:05 PM Then you can make a good profit after that expert says that bitcoin become $10,000 or maybe more than that or half a million depend on the fitire furtune of bitcoin we can say but most of the time a good prediction is always good i like it when bitcoin becoming expensive. 😊 I would also not mind that She climbed to 10,000 dollars and my Bitcoin Dali pair would have me a very decent condition or even an investment opportunity. Although if you look at the current trends in the currency market, then I am very positive and expect only good news in the future.Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Slark on May 31, 2017, 07:51:07 PM That is right. But if the bitcoin or another coin such as Zcash are in active development and used widely, the price will rise. Active development of certain coin is just not valid argument for investing in them. It won't guarantee that users will be interested and coin will be adopted.There are shitload of altcoin and most of them are in state of 'active development. Coins need to earn certain amount of reputation before it can be recognized first. Bitcoin due to fact that its reputation as the oldest cryptocurrency, reliability and proven longevity (at least compared to other coins) is the obvious choice for investors and hodlers. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Febo on June 02, 2017, 05:34:42 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? I belive there is 99% chance you wil have quite soem money. You wil not be a rich cich, but 3 BTC will be quite soemthing in 10 years. It is not important if BTC wil be most used coin then. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: xFiber on June 02, 2017, 05:39:50 PM Well you will probably be a couple of thousand dollars richer by that time but you won't become a millionaire in 10 years with only 3 BTC. Maybe in a couple decades when bitcoin is a million a coin but that's only speculation for now.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: DustyRah on June 02, 2017, 07:03:24 PM Would be the smartest decision you made in all your life especially if you are such a loser that 3 BTC is all you can buy.
You should do it now mate! Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: adzino on June 02, 2017, 07:07:21 PM Would be the smartest decision you made in all your life especially if you are such a loser that 3 BTC is all you can buy. How would that be the smartest decision? You can never know if bitcoin is going to survive the next 10 years or it's going to fall and became valueless. It's just a risky investment. You should do it now mate! You better invest it somewhere where you will get some interest and can keep track of bitcoins. If anything bad is about to happen just sell them. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: lady Royal on June 02, 2017, 07:08:16 PM You cannot predict anything if you buy 3 bitcoin now @2000$+ and after 10 years you see bitcoins are priced @200$ what will you do? You have lost much money. 10 years is a really long time to hold bitcoin. So, my opinion to you is just buy bitcoins when it is around 1000$ and then sold it when it goes up. keep checking its price daily check market and when it goes up sale it out.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: el kaka22 on June 02, 2017, 07:51:16 PM Nothing much would happen you will suddenly discover your wallet with 10 btc and see it's totaly value will be some 100k and then you will either make another accou here or just post with this account another topic 'Found a wallet with 10 btc in it'. After you post that your pm will get flooded with people giving you useless tips and asking you if you can share some with them. But to the point of you actually plan to do that , then it's a really good idea in my opinion It is a good idea but 10 years is a seriously long duration and a lot of things happen in a span of 10 years. I mean the price of bitcoins might reach something very enormous but maybe you do a mistake and loose them all, or there is something that makes you loose. I believe better than that would be you buy bitcoins and keep an eye on the price and be active but don't get tempted and make a firm mindset that you won't sell them at all, no matter what. I mean to say that don't just forget things, I had like 10 million doges in an addy some years ago now I can't recall which wallet it was :( Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: selline on June 04, 2017, 01:03:52 AM Today we can only suggest what might happen with bitcoins. Bitcoin has the opportunity to increase the higher, many economists predict the price $10000 for bitcoin. This price is absolutely extraordinary, then keep a bitcoin if need be use when the price is so high it will benefit us
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Dimelord on June 10, 2017, 06:27:46 AM Probably,you would be rich enough after ten years.If bitcoin price reaches $25,000 after ten years, then you would be having around $75,000.By doing that way,you could give your family a well settled life which would be the dream of every person.That would really be a great blessing.But be careful with your private keys.If you loose it,your dreams may get shattered into broken pieces.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: shine1123 on June 10, 2017, 06:45:32 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? It's like a gambling though. 10 years is really long, i'm not sure bitcoin will still exist or not on that year. My predict is bitcoin still exist and many people still using bitcoin on that years. The different is many countries are accepted bitcoin and the price of bitcoin might be so high. So yes, you can be rich. Well, it's really unpredictable lol. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Vaskiy on June 10, 2017, 08:03:57 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? It's like a gambling though. 10 years is really long, i'm not sure bitcoin will still exist or not on that year. My predict is bitcoin still exist and many people still using bitcoin on that years. The different is many countries are accepted bitcoin and the price of bitcoin might be so high. So yes, you can be rich. Well, it's really unpredictable lol. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: South Park on June 10, 2017, 04:44:53 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? That is what holders have doing from the very beginning, they buy bitcoin and then they forget about them, it is a simple strategy but one of the most effective in the long run, however there is a difference between not moving the coin and forgetting about bitcoin, try to stay in top of the news that way if something happens you could be able to sell and not lose your investment.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: bitebits on June 10, 2017, 05:15:58 PM Well in 10 years you will have exactly 3 bitcoins. Unless Bitcoin forks. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: dothebeats on June 10, 2017, 05:22:19 PM You will not forget it even in the next 2 years. $5000 is reachable with this kind of rally that we're having right now. I mean, who wouldn't want to buy a share of a brighter future for less tahn $3000? Good for that dude who sold his house for 600 btc when it was $450 each, he can now buy a new house and keep some of it for his vacation anywhere in the world.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Jon Connor on June 10, 2017, 06:41:41 PM Never never invest more than what you can lose. Some people can't afford to lose 3 BTC x todays price. Some people can. If you can afford to lose that amount then go for it. Maybe you can only risk buying 1 BTC. Maybe 0.5 BTC. Based on the underlying economics of bitcoin, in 10 years you will either have made an extremely big profit or you will have nothing. I made this bet 5 years ago and so far I have made a good profit from hodling. I will continue hodling.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: BitHodler on June 10, 2017, 06:47:03 PM Well in 10 years you will have exactly 3 bitcoins. Unless Bitcoin forks. Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Yutard on July 10, 2017, 06:49:25 AM Well in 10 years you will have exactly 3 bitcoins. Unless Bitcoin forks. Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins. That is right theoretically. But it will take some time to find the main one. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: pooya87 on July 10, 2017, 10:14:32 AM Well in 10 years you will have exactly 3 bitcoins. Unless Bitcoin forks. Whatever chain split happens, there can be only one Bitcoin ~ the coins you will have sitting in the other (minor) chain, are nothing more than altcoins. that is completely wrong. if and when a chain split happens, any coin that has existed on the main chain (the chain that existed before the fork) will always be valid because any new chain is building on top of that chain. there is no "minor chain" here. lets say you receive bitcoin on block #475095 (which was mined 14 minutes ago) and fork happens after a while on block #475500 and two chains exist. these two chains are building their blocks on top of previous blocks they both have the same block #0 to block #475500 but their blocks #475501 and above are different. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: bajing on July 10, 2017, 10:32:19 AM I do not know what you will get, become rich because bitcoin prices rise high in the next 10 years. the one things that I'm sure, you can get a profit but i've a little hesitant you can be rich only with 3 btc. you need invest more if you want become rich with bitcoin.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: BitcoinGirl.Club on July 10, 2017, 10:50:58 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? It will depend on how much money you consider to become rich, so if after 10 years a single bitcoin is going for 10 grand or so i wouldn't say you rich and losing all your money is practically impossible at the moment you might make a handsome profit after waiting for a long time and a loss is out of the pictureWill I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: celested on July 10, 2017, 10:56:05 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? I think you are talking about the value of bitcoin in the future, I think it can continue to exist for a long time, so its value will increase in the future. If you buy it for storage, and then you to lose it, that really is a pity. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: renderkiss on July 10, 2017, 12:29:42 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? I think in the future, the supply of Bitcoin is not so much so that Bitcoin price will increase more than now so if you hold 3 BTC for 10 years from now, I think you will be rich, really rich. Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Luno on July 12, 2017, 01:31:26 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? I think in the future, the supply of Bitcoin is not so much so that Bitcoin price will increase more than now so if you hold 3 BTC for 10 years from now, I think you will be rich, really rich. Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? That's right the supply of bitcoin is limited and its demand can go much higher then our expectations which will make the price of bitcoins to touch the moon and in that case if he holds his 3 btc for next 10 years then he can expect huge profits from it which can surely make him rich in future. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: CyberKuro on July 12, 2017, 01:42:18 AM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Right now, there are some prices decline and it seems bitfinex show the lowest exchange rate around $2224 and may continue to decrease. And the highest price rate since May 22th maybe around $2800-$2950, if you've bought 3 bitcoin when it was $2252 and sold it at $2900, then you should get $1944 profits. But, if you didn't sell it, don't worry. I will definitely take the chance to buy bitcoin whenever dip occurs and wait for 10 years later, my bitcoin value will increase obviously just like what happens all this time. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Logik on July 12, 2017, 02:15:56 AM Well bitcoin is always a good as an long term investment so if you buy them now and save for next 10 years then you can expect good and positive results out of it and as of now price has gone down so it would be really great time to buy bitcoins at lower price.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: meebs on July 12, 2017, 04:27:24 AM Yes that is the right thing to do as price is low now so you can buy bitcoins and hold them for next few years and sell them when it reaches to your expected price level and if you have more then you can invest some of them in trading too.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: wxa7115 on July 12, 2017, 10:30:51 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? It is difficult to know since we will be speculating, but if we assume bitcoin will go up about 20% every single year then the price will be close to 13k after 10 years which would mean that your investment will have a value of 39k, not bad but it is not going to be life changing money.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: marcuslong on July 12, 2017, 10:56:19 PM Then you can make a good profit after that expert says that bitcoin become $10,000 or maybe more than that or half a million depend on the fitire furtune of bitcoin we can say but most of the time a good prediction is always good i like it when bitcoin becoming expensive. 😊 I would also not mind that She climbed to 10,000 dollars and my Bitcoin Dali pair would have me a very decent condition or even an investment opportunity. Although if you look at the current trends in the currency market, then I am very positive and expect only good news in the future.Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: BartS on July 13, 2017, 09:11:18 PM I am wondering, what would happened if I can get some cash to buy 3 BTC that means at the prices of this moment 1 BTC = 2,252 USD so would be 3BTC= 6,756 USD and forget that I Have them for 10 Years??? It is better to say that you are going to leave alone your coins than to say you are going to forget about them because some people have in fact forgot about their coins and they lost a lot of money that way.Will I be rich?? Will I have lost all the money?? Will I have just make a few extra dollars?? Would you do it?? Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: tabas on July 13, 2017, 09:27:21 PM Go for it, the price is quite lower today than before. As long as it was under $2,500 buy it. Don't believe others that the price will go down, bitcoin is becoming popular and countries are showing so much interest into it. They want to adopt bitcoin with every single transactions in their economy and it was really helpful for them.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Esphere.in on July 13, 2017, 09:30:26 PM If you are planning to purchase bitcoin right at this moment and then planning to forget about it for ten years ,then you might lose some coins if there is split and make sure that you monitor everything that is happening and then make sure you take the right decision,one thing is certain the price of bitcoin would go up in ten years time but it is always good to watch the market closely.
Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: Biodom on July 13, 2017, 09:45:19 PM I would split your funds between btc and alts.
Maybe 2btc and 1 btc equivalent of whatever strikes your fancy (ethereum, zcash, etc). Watch for new things as well (eos, tezos, etc.). Not necessarily buy them, but be informed. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: wxa7115 on July 14, 2017, 07:54:43 PM I would split your funds between btc and alts. Good advice but the opener wants to forget about its coins and this is not possible with new projects, even if those are the ones that gives the biggest earnings, so it is better to invest in bitcoin and known altcoins so the risk of losing your money is as low as possible.Maybe 2btc and 1 btc equivalent of whatever strikes your fancy (ethereum, zcash, etc). Watch for new things as well (eos, tezos, etc.). Not necessarily buy them, but be informed. Title: Re: What if I buy 3BTC now and forget about them for 10 years??? Post by: xFiber on July 14, 2017, 07:58:10 PM Rich? In today's dollars? You will probably be able to live comfortably. Lose all your money? Probably not, if you don't lose your private keys obviously. Just do it.
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