Bitcoin Forum
June 16, 2024, 06:11:59 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: How many coins does it take to be a millionair (US$) right now?  (Read 2159 times)
kwoody
Sr. Member
****
Offline Offline

Activity: 454
Merit: 250


Technology and Women. Amazing.


View Profile
November 13, 2013, 09:41:18 PM
 #21

In 2020, anybody holding 10BTC will be a USD millionaire. However, it will cost you $500 to buy a loaf of bread.
Phinnaeus Gage
Legendary
*
Offline Offline

Activity: 1918
Merit: 1570


Bitcoin: An Idea Worth Spending


View Profile WWW
November 13, 2013, 09:50:17 PM
 #22

Read the title and noted the author. Conclusion: Goat doesn't know how to divide.  Grin Grin Grin
theecoinomist
Full Member
***
Offline Offline

Activity: 200
Merit: 100


View Profile
November 13, 2013, 10:26:16 PM
 #23

There is no better time to buy than the present.

As much as I love idioms, now is definitely not the right time to buy. Sure it may go up incrementally, or even explosively in the next couple weeks, but right now BTC is in a huge bubble, and throwing down money now instead of waiting a month or so will probably end up costing you money unless you can play the short run well enough.

Cause ya know what they say... A penny saved is a penny earned.

I beg to differ.. Bitcoin will explode even more within the next 12 months.. Those facebook brothers, ETF and China will push it above $1k easily.. And when the European Central Bank begins confiscating personal funds to pay off the Unions debt, crypto currencies will go through the roof aswell.

Also I bought a reasonable amount yesterday, so far im up 12%, and I'm hopefully gonna get some more fiat converted into bitcoins in the next months..

beetcoin
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


View Profile
November 13, 2013, 10:39:36 PM
 #24

There is no better time to buy than the present.

As much as I love idioms, now is definitely not the right time to buy. Sure it may go up incrementally, or even explosively in the next couple weeks, but right now BTC is in a huge bubble, and throwing down money now instead of waiting a month or so will probably end up costing you money unless you can play the short run well enough.

Cause ya know what they say... A penny saved is a penny earned.

I beg to differ.. Bitcoin will explode even more within the next 12 months.. Those facebook brothers, ETF and China will push it above $1k easily.. And when the European Central Bank begins confiscating personal funds to pay off the Unions debt, crypto currencies will go through the roof aswell.

Also I bought a reasonable amount yesterday, so far im up 12%, and I'm hopefully gonna get some more fiat converted into bitcoins in the next months..

if the 2nd part you say is true, you should hedge with precious metals in addition to buying your bitcoins.
Lauda
Legendary
*
Offline Offline

Activity: 2674
Merit: 2965


Terminated.


View Profile WWW
November 13, 2013, 10:53:49 PM
 #25

In 2020, anybody holding 10BTC will be a USD millionaire. However, it will cost you $500 to buy a loaf of bread.
That's pointless then.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!