sirohige
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November 23, 2015, 02:10:54 PM |
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Great dream OP.
A lot of people are pointing out that $1m per coin is unrealistic, I disagree. I think that this will happen if things continue the way they've been going the last 6 years, if the fundamentals don't change.
In fact I would say that $1m is shooting a little low. If things continue as they have been going bitcoin will absorb the market cap of all existing currencies, currently ~$60trn. This would give each coin a value of $2.9m. Of course, by then it'll be much much higher after 20 years of fiat inflation.
1BTC = $1m and maybe in future coffe cup = $200k LOL #kidding In my opinion "the reasonable bitcoin price " = $5000
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erickimani
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November 23, 2015, 06:12:31 PM |
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that is a very big but realistic dream and yes you can make it and even bigger. my only question to you is, what are doing to ensure that by that number of years the bitcoin will have raised to such high value? are you promoting it? I believe that instead of just dreaming we should compliment our dreams with actions. All the best friend
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thejaytiesto
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November 23, 2015, 07:17:36 PM |
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Great dream OP.
A lot of people are pointing out that $1m per coin is unrealistic, I disagree. I think that this will happen if things continue the way they've been going the last 6 years, if the fundamentals don't change.
In fact I would say that $1m is shooting a little low. If things continue as they have been going bitcoin will absorb the market cap of all existing currencies, currently ~$60trn. This would give each coin a value of $2.9m. Of course, by then it'll be much much higher after 20 years of fiat inflation.
GET AND HOLD YOUR GOAL RESERVE SPEND OTHER This is what I do. I am trying my hardest ever to try to get the 21 BTC goal and I never spend of the BTC that I want to hold long term until I have my stack. I really really really want to start spending my BTC in cool things specially in xmas when you feel like buying stuff but i must resist! buy and hold plan until 2017 or something, I hope to have my goal by then.
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Jwalker.
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November 23, 2015, 08:48:52 PM |
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May 10th, 2015 has long passed bud. 5/10/15
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Pollak
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Pollak
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November 23, 2015, 10:21:36 PM |
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Use bitcoin, to acquire more bitcoin. It's that simple.
The best thing so far is that you can make bitcoin, with innovative ideas, spending time etc.
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equator
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November 23, 2015, 10:48:00 PM |
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dreams are dreams, no one have control over dreams, it has been said that aim very very high so that if you reach 50% of that , that itself is very big achievement. and by the way your dream is then i think when it comes to that price of bitcoin then comparatively the cost of living will also become that much high that that time this amount will also look small.
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sirohige
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November 24, 2015, 12:05:35 AM |
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dreams are dreams, no one have control over dreams, it has been said that aim very very high so that if you reach 50% of that , that itself is very big achievement. and by the way your dream is then i think when it comes to that price of bitcoin then comparatively the cost of living will also become that much high that that time this amount will also look small.
Like i say if bitcoin price reach $1m The cost will be higher too Maybe 1 coffe cup =$200k And i think that day, we will need $3m to buy new antminer hardware
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bitboy11
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November 24, 2015, 12:43:23 AM |
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I believe that Bitcoin can probably be worth about $5,000 each in the next 20 years...certainly not $1,000,000 What you need is a nice strong cup of coffee...you're dreaming!
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Moneyburner
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November 24, 2015, 01:10:01 AM |
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Even if it only goes up to $5,000 I wouldn't be upset. Not many stocks get those types of returns
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Zudalar
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November 24, 2015, 09:04:05 AM |
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If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.
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mtnsaa
Legendary
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December 04, 2015, 12:55:34 AM |
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I was thinking about your thread the other day but I'm more modest in my ambitions, 21 BTC is just not possible for me, but I was thinking that maybe 2.1 BTC would be great and very easy to achieve for many of us, what do you guys think?
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Altynbekova
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December 04, 2015, 08:46:25 AM |
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Is a good dream, but don't for get will be bitcoin price so high in 5/10/15 years than? Maybe or it will.
All the person who has a bitcoin above 25 BTC will be millionair.
I hope for the future that it will happen well at least 5K with in 10 years that will be great.
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CryptoBjorn
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December 04, 2015, 09:21:13 AM |
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If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.
OMG! If that happens I just go retire why work In my country I just can live there for 100 years with that amount of money. You need to have 25 or more bitcoin at least.
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LuckyYOU
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December 04, 2015, 09:38:08 AM |
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If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.
OMG! If that happens I just go retire why work In my country I just can live there for 100 years with that amount of money. You need to have 25 or more bitcoin at least. You must be from a thrid world country Because with that amount, the amount of $6000, you will probably only survive like 6 months with that if you're lucky Maybe less, depending on your expenses.
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Hashminers
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December 04, 2015, 09:46:58 AM |
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Well if your dream came out let me know . Is just dream, so if I was you I will jsut get up and do something to make your dream become reality. Just having 25 Bitcoins is not go to happen.
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Zaun
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December 04, 2015, 03:42:12 PM |
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If 100 million people use bitcoin, each have $1000 worth of bitcoin, that is 100 billion, or $6000 each user. It is achievable in 20 years.
I think it so to that in 20 years will be worth a lot of money, because is the new generation. So any younger people we need to tell them about bitcoin so that they well use it.
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bitcoinmar
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December 04, 2015, 03:45:34 PM |
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Well if your dream came out let me know . Is just dream, so if I was you I will jsut get up and do something to make your dream become reality. Just having 25 Bitcoins is not go to happen. Yea its just dream and I think its not coming out good for OP as he is going for long term if he want to grow then must use them and trade and keep eye on all charts then he can take some good profit
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Blawpaw
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December 04, 2015, 03:48:49 PM |
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There goes the time when I had more than 21 BTC :\ Good times they were... now I'm reduced to less than a quarter of that amount...
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USB-S
Sr. Member
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In XEM we trust
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December 04, 2015, 04:09:11 PM |
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My 21btc dream sounds like a poem or a haiku. Please will someone turn it into one?
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STT
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December 04, 2015, 07:30:11 PM |
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Just sitting on the money doesnt benefit anyone. The source of wealth is usable production or utility even in a luxury sense this is what society is empowering or entitling the wealth in exchange to your product. So doing nothing with bitcoin is a foregone conclusion, it wont be valued by anyone. Somehow your plan is to go against the crowd, everyone else will actively use this product and by doing nothing its a plan to get rich. I hold royalty shares in a few BTC companies, I consider useful participation though Ive no idea if it works but seems more realistic
Ok so this is speculative commodity trading and you hope to keep this stockpile and meanwhile industry will demand greatly in future. Its very risky business, with anything coal to coffee the prices are all over the place. Add in the tech element and theres risk bitcoin is sidestepped and some other product is what becomes worth 1 million. I mean thats usually the way, nothing good ever comes that easy in my experience. Reminds me of raffle tickets but 21 btc is heck of a ticket price, you could do better in shorter periods of time. Ive said before, I think 1 btc is probably fine if it really stepped into the breach should dollar falter then thats 6 billion people in the sphere of btc
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