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Author Topic: How many BTC I need ?  (Read 1726 times)
klee
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September 09, 2015, 04:37:41 PM
 #21

1M so even if it goes to 1$ you are still a millionaire!

Damn you Satoshi....  Tongue

No reason for many to put $1 million into Bitcoin, unless they have a ton of money to spare. No interest can be gained off of it.
Once Bitcoin stabilizes and increases steadily in value, then people will store their wealth in Bitcoin. Bitcoin's too young right now, and too volatile for the rich to do that. Once it starts an uptrend, there will be an explosive amount of growth, since more people know about it and want to jump on the train, it may fall just as visciously back down, unless Bitcoin finds it's place in society. Once it does, as little as 10 could make you a millionaire.
I meant 1M BTC lol  Shocked
Monopoly
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September 09, 2015, 05:39:07 PM
 #22

Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.

I Think bitcoin can maximum rising up to $300 or $400 if good news will come ............ So you need 2500 BTC for becoming millioner ........

But i fear to say maybe we will see crashing to price $150 and never back to $200 .........

So No hope for buying ......... BTc is end in my opinion
Mickeyb
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September 09, 2015, 06:36:13 PM
 #23

Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.

If this thing really, really takes off, even 1 BTC will be enough in my opinion. So to be sorry, I would aim to have about 10 BTCs, stick them in cold wallet and give this technology a chance to really take off another 5-8 years.

Yes,it will be necessary to wait that amount of time. We need to wait that Bitcoin gets ready for the mass adoption, security, wallets, education of average Joes etc, all need to be improved and this takes time.
joust
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September 09, 2015, 06:37:01 PM
 #24

You need 50k bitcoins to be a millionaire!

g-unit
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September 09, 2015, 06:40:15 PM
 #25

I wouldn't worry about specific numbers...whether you have $300,000 or $700,000 or $1,200,000 worth of BTC, those are all GREAT ROI's. Just try to continually accumulate as many as you can in the meantime without overextending yourself. Prices will be cheap for a while most likely.
Habeler876
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September 09, 2015, 08:47:37 PM
 #26

I believe the price won't be so much greater in 3-5 year period, not withouth something really important enough to force on another market boom.
So the amount of bitcoins you should have to be a millionaire will probably be around 2000, but that's sort of a worst case scenario.

luciann
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September 09, 2015, 10:28:57 PM
 #27

You gotta factor the obvious up and down rates, so I say you need a sizable sum.

Maybe like 4-5,000 coins minimum.

Incase if you see the rate ever go back down to where it is now.

gentlemand
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September 09, 2015, 10:32:16 PM
 #28

You gotta factor the obvious up and down rates, so I say you need a sizable sum.

Maybe like 4-5,000 coins minimum.

Incase if you see the rate ever go back down to where it is now.

So if you want to be a millionaire, you already need to be one. That is most definitely the shortest route indeed.
Hopalong
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September 09, 2015, 10:51:29 PM
 #29

You gotta factor the obvious up and down rates, so I say you need a sizable sum.

Maybe like 4-5,000 coins minimum.

Incase if you see the rate ever go back down to where it is now.

So if you want to be a millionaire, you already need to be one. That is most definitely the shortest route indeed.

Everyone should know that the fastest way to get a million is to start with two...
lissandra
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September 09, 2015, 11:10:51 PM
 #30

You gotta factor the obvious up and down rates, so I say you need a sizable sum.

Maybe like 4-5,000 coins minimum.

Incase if you see the rate ever go back down to where it is now.

So if you want to be a millionaire, you already need to be one. That is most definitely the shortest route indeed.

Everyone should know that the fastest way to get a million is to start with two...

Regardless if they had a chance to get lot of coins is either done business really well.

Or you were the very few people about mining bitcoins with a gpu before the asic wars. Like that guy who bought pizza for 30,000 bitcoins or something I forget.

koryu
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September 10, 2015, 12:30:58 PM
 #31

the first million is the hardest
NoRespect
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September 10, 2015, 01:49:34 PM
 #32

50k btc,,,and keep save it
3-5 year later, you will be a billionare
ronaldo40
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September 10, 2015, 01:55:48 PM
 #33

to become a millionaire in the next 3-5 years I suggest you hold 1000 bitcoin. I guess it until you are old enough and do not need to work anymore Smiley

Amph
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September 10, 2015, 02:40:43 PM
 #34

You gotta factor the obvious up and down rates, so I say you need a sizable sum.

Maybe like 4-5,000 coins minimum.

Incase if you see the rate ever go back down to where it is now.

So if you want to be a millionaire, you already need to be one. That is most definitely the shortest route indeed.

Everyone should know that the fastest way to get a million is to start with two...

if you have one million you can consider yourself rich already, at least i would do in my case, one million is enough for retiring for me

pooya87
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September 10, 2015, 03:17:19 PM
 #35

Ok, so how much BTC I need to store from now to be millionaire Smiley in 3-5 years when Bitcoin grows mainstream ?
10 ? 50 ? 100 ? 1000 ?  Share Your thoughts.

you will need at least hundred thousands of bitcoin to become a millionaire in 3-5 years. because i don't think that bitcoin price is going to the moon, despite some people wish. it is going to grow but will not go to $10,000 for example.
take a price that you think is possible to reach in the future and then do the calculations. i say that price is going to be from $800 to $1500.

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