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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59354 times)
Gubzy
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September 09, 2016, 02:18:50 AM
 #1181

I'd like to wait and see if it goes up in value, then probably wait some more.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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dearbesz1219
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September 09, 2016, 06:19:26 AM
 #1182

Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...

What would you do if:

Bitcoin hit $1,000,000:      I think I will enjoy my life. And Put an orphanage and kids foundation.
Bitcoin hit  $1,000 again:   I will sell all my bitcoin where I stored it for a long time ago.
Bitcoin stayed where it was: I will Stay for holding it, And I will continue participate in trading and buy some other coins.
Bitcoin became worthless, or a few cents:  perhaps, I will shift into other atlcoin.
And which of these do you think is most probable?  I think when bitcoin hit 1000$

Thanks for your opinions,

 -Lags
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September 11, 2016, 06:54:38 AM
 #1183

Keep investing in bitcoin till the next halving, then convert it to fiat for more gains. Though I would assume that bitcoin will still remain a liquid currency and never devalue so rapidly. Using bitcoin for our every transactions is the future.
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September 11, 2016, 08:09:36 AM
 #1184

Keep investing in bitcoin till the next halving, then convert it to fiat for more gains. Though I would assume that bitcoin will still remain a liquid currency and never devalue so rapidly. Using bitcoin for our every transactions is the future.

Yes and I am not thinking of next 20 years but I will surely hold my coins till the next halving  and will try to collect as much as I can till we reach to that stage to earn higher profits.
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September 11, 2016, 10:05:04 AM
 #1185

Keep investing in bitcoin till the next halving, then convert it to fiat for more gains. Though I would assume that bitcoin will still remain a liquid currency and never devalue so rapidly. Using bitcoin for our every transactions is the future.

Yes and I am not thinking of next 20 years but I will surely hold my coins till the next halving  and will try to collect as much as I can till we reach to that stage to earn higher profits.

That's right and it will be a waste of time to keep on thinking of next 20 years as we don't know how long bitcoin will exist  and if it survives then what will be the price in next 20 years.
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September 11, 2016, 10:41:47 AM
 #1186


If bitcoin reached $ 1,000,000 I will continue to invest in bitcoin because it will be a huge advantage. If bitcoin hit $ 1,000 again maybe I am just going to collect bitcoin because I think it's still the usual normal increase.
And if bitcoin become worthless I would stop using bitcoin to recover. But I think most probably the bitcoin price hike will hit $ 1,000 again.
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September 11, 2016, 10:46:17 AM
 #1187


If bitcoin reached $ 1,000,000 I will continue to invest in bitcoin because it will be a huge advantage. If bitcoin hit $ 1,000 again maybe I am just going to collect bitcoin because I think it's still the usual normal increase.
And if bitcoin become worthless I would stop using bitcoin to recover. But I think most probably the bitcoin price hike will hit $ 1,000 again.

Wake up mate, stop dreaming, that high price of bitcoin is never possible in future, if everything goes fine with bitcoin then also it won't go beyond $10k anytime.
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September 11, 2016, 11:31:56 AM
 #1188

I would like to sell them for lots of money and then i would be rich
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September 11, 2016, 11:37:44 AM
 #1189

I will perform a variety of investment I can do. one is to make trades. other than that I will also buy some gold bars in order to secure my future.
with bitcoin has investments in the world and also the real world then I will live more comfortably.
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September 11, 2016, 11:40:29 AM
 #1190

I will perform a variety of investment I can do. one is to make trades. other than that I will also buy some gold bars in order to secure my future.
with bitcoin has investments in the world and also the real world then I will live more comfortably.

Yeah its good to diversity investments as even if bitcoin disappears in future you always have an alternate investment which can take care of future by giving some good profits.
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September 11, 2016, 11:42:12 AM
 #1191

id be holding my coin until year 2022.. i guess at that time btc value will skyrocket.. not sure though but thats my plan..  Cheesy
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September 11, 2016, 11:46:07 AM
 #1192

Well if by that year the price of bitcoin is going to be $10,000 for sure I am going to sell 90% the total amount of bitcoin that I am holding. I am going to use it for buying some properties or even my own car. And for the remaining amount of bitcoins, I am just going to keep on holding it and going to hope for continuous price increase.

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gandame
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September 11, 2016, 12:01:05 PM
 #1193

In 20yrs maybe i earn enough bitcoin to build a house for my family and for make a business. Bitcion can getting high or low hope that bitcoin is still active after 20 yrs. But i think in that year bitcoin have stable price and that time bitcoin can use to pay in department store or in any big store they accept bitcoin for payment.
john2231
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September 11, 2016, 12:03:52 PM
 #1194

In 20yrs maybe i earn enough bitcoin to build a house for my family and for make a business. Bitcion can getting high or low hope that bitcoin is still active after 20 yrs. But i think in that year bitcoin have stable price and that time bitcoin can use to pay in department store or in any big store they accept bitcoin for payment.
It can be happen to your life if you keep earnings in bitcoin and keep save it for a long time until you gain and reach your goal..
It takes a long time but you should do it for your future.
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September 11, 2016, 01:43:31 PM
 #1195

maybe if the rate is increased, i will sell my bitcoin but i will not sell all, maybe half of my bitcoin and make sure if there is any increase again. but we all don't know what will happen in future especially in 20 years from now. so better maximize from now and get as many bitcoin as we can.

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September 11, 2016, 01:56:48 PM
 #1196

Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...

What would you do if:

Bitcoin hit $1,000,000:
Bitcoin hit  $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?

Thanks for your opinions,

 -Lags
Very tempting conclusions, but 20 years is a very long time and if you take into account my age, I have to keep up this time to give his soul to God. But the fact that the price of bitcoin will continue to grow, that's for sure.
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September 11, 2016, 04:04:52 PM
 #1197

20 years for bitcoin very long time. But I think that my children will not live in poverty, would get when my savings in bitcoin.
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September 11, 2016, 05:06:31 PM
 #1198

20 years for bitcoin very long time. But I think that my children will not live in poverty, would get when my savings in bitcoin.

This is one of the things that I am going to do with my saved bitcoins but this is on my 2nd list only but still so that my relatives, children and as well as grand children will not going to have problems with financial and won't going to be starve.

First would be I am going to buy first my dream house and lot or even condominium this is going to be a treat for myself for hard work for 20 years with bitcoin.

Bu I am hoping that bitcoin is going to have a better price by that time.

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September 11, 2016, 05:38:38 PM
 #1199

Keep investing in bitcoin till the next halving, then convert it to fiat for more gains. Though I would assume that bitcoin will still remain a liquid currency and never devalue so rapidly. Using bitcoin for our every transactions is the future.

Yes and I am not thinking of next 20 years but I will surely hold my coins till the next halving  and will try to collect as much as I can till we reach to that stage to earn higher profits.
yet waiting for 20 years is such a big time and after 20 years i will not be able to do any thing with my bitcoin because after 20 year my children will do something with my bitcoin, i think we should adopt moderate polity and always try to lead a standard life.
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September 11, 2016, 05:58:46 PM
 #1200

Bitcoin will be worth much much more. I am hoping for a nice house in a nice country anywhere I want. Having some passive income to travel will be nice too.

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