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Title: How many bitcoins to be set? Post by: jerry0 on December 18, 2018, 07:09:11 PM How many bitcoins would you say one must have minimum to be set where they don't have to worry about their financial freedom anymore? When mcafee said it would hit 1 million, i thought that is crazy and i still is. Then there is this video where a guy said just get 1 bitcoin because that 1 bitcoin could be 1 million dollars in the future. For most people, 1 million dollars is a lot of money. But of course it depends on where you are. That is not much in big cities.
I would think that you probably need at least 10 bitcoins at the minimum? Title: Re: How many bitcoins to be set? Post by: muslol67 on December 18, 2018, 07:14:14 PM 1) I think you should ignore McAfee. If you are aware of in this bad market conditions he does not appear around himself. He is a manipulator.
2) It is so hard (possibly impossible) to hit 1M but it can hit 100K in a few years. So we can consider 10 Bitcoin can be enough. At least, it will be enough for me if it will hit 100K! Title: Re: How many bitcoins to be set? Post by: franky1 on December 18, 2018, 07:15:29 PM How many bitcoins would you say one must have minimum to be set where they don't have to worry about their financial freedom anymore? When mcafee said it would hit 1 million, i thought that is crazy and i still is. Then there is this video where a guy said just get 1 bitcoin because that 1 bitcoin could be 1 million dollars in the future. For most people, 1 million dollars is a lot of money. But of course it depends on where you are. That is not much in big cities. I would think that you probably need at least 10 bitcoins at the minimum? imagining bitcoin being where 1 bit (100 sat) is $1 then bitcoin would go upto $1m but that is more of a extreme. id say bitcoin could not go up exponentially forever. especially if tx fee's start costing $2.50+ a tx (250byte+) people wont want to use bitcoin so $100k (25cent tx fee minimum) seems just about the level that utility and desire will start to tail off like an S curve. so dont aim for a $1m area. aim for $100k and then just treat anything higher as a bonus Title: Re: How many bitcoins to be set? Post by: RonF on December 18, 2018, 07:29:08 PM 1 Million dollars per bitcoin is not unrealistic. Simply obtain even a fraction of one bitcoin and wait - it could be life changing for you.
Title: Re: How many bitcoins to be set? Post by: seoincorporation on December 18, 2018, 07:32:32 PM How many bitcoins would you say one must have minimum to be set where they don't have to worry about their financial freedom anymore? When mcafee said it would hit 1 million, i thought that is crazy and i still is. Then there is this video where a guy said just get 1 bitcoin because that 1 bitcoin could be 1 million dollars in the future. For most people, 1 million dollars is a lot of money. But of course it depends on where you are. That is not much in big cities. I would think that you probably need at least 10 bitcoins at the minimum? I agree with you, looks like 10 bitcoins is a good number to warrant the future. We can't say each btc would be 1 million dollars, but for sure it can hit $100k each btc. Is about holding, that's all. For the next year, i will try to save 1 btc, that's my goal, and maybe with that i will be able to buy a house in some years. Let's see what happen with this crazy markets. |