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Author Topic: If bitcoins become massive, what is a good amount to have?  (Read 1611 times)
shuadoom
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February 28, 2013, 02:35:28 PM
 #21

As many as you can..for as cheap as you can..cash out when value is high...
twolifeinexile
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February 28, 2013, 02:40:53 PM
 #22

Bitcoin could fail and collapse, or it could reach sustained mainstream use in everyday transactions.

Given the former, there isn't any amount of bitcoins you could hold on to that would make you "the new wealthy elite".

Given the later, it's conceivable that 1 BTC could be worth $100,000 someday.  In that case, 30 BTC would be worth $3 million!

Maybe you want to say $3M in 2013 USDs, otherwise, we are not sure where USD will be inflate/deflate to.
DannyHamilton
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February 28, 2013, 02:43:51 PM
 #23

Or until someone finds a weakness in one of the cryptographic primitives (or builds a working quantum computer).

Nah, bitcoin is capable of dealing with both those situations just fine.
zeroday
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March 01, 2013, 03:13:14 AM
 #24

Bitcoin is still super high risk in terms of investment. I wouldn't spend on in more than 5% of net wealth.
wickedgoodtrader
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March 01, 2013, 06:48:56 AM
 #25

If bitcoin is massive, all your money is the good number to have.

Wondering what amount to risk IF bitcoin becomes massive is another question.
BitcoinTate
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March 01, 2013, 08:51:27 AM
 #26

Moar. My plan is to keep buying what I can afford until I no longer need to. Then I will quit my day job. Bitcoin cannot fail unless either the laws of mathematics or human nature change.
+1

- aka The "DigiMan"
VinceSamios
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March 01, 2013, 09:03:26 AM
 #27

If bitcoins become REALLY massive - then just 1 BTC could be a life changer. There are as many millionaires in the world as there are bitcoins....

The Happy Clappy Bitcoin Chappy - http://twitter.com/vincesamios
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