jonahmarieaton101
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Activity: 112
Merit: 10
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October 09, 2016, 01:33:35 PM |
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In 20 years I would like to get rich with the bitcoin and make a lot of profit with it, I also hope to spend my bitcoin in real life.
Agree! Because one of the most way is to make a lot of profit. Half of it i will used it as buying things, the other half is in investments. Since the value of bitcoin is not stable, then im not that sure that it would make you rich  You can become rich with if you can manage to have descent amount of coins in your wallet, but the fact is its not smart to hold them for next 20 years as we never know how long it will survive. Yes you have your point. If we hold bitcoins for the next 20 years then we don't know that it would fall, that's very bad. |
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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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qiwoman2
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Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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October 09, 2016, 02:45:46 PM |
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LOL I will be seventy one years old then if I am still alive. I would like to have I guess a comfortable retirement and make sure my Son and his family are well taken care of and maybe help more and more people live a good life. At that age you just want to make things better for others and not just think of yourself, but that's me I guess.
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Newcoins2020
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October 11, 2016, 02:19:50 PM |
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I want to trade in all of my bitcoin by that time because then the price of the Bitcoin has to be somewhat high enough for me to trade my Bitcoin for.
But I just have to wait and see for my self what has happened by then.
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praprata
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October 11, 2016, 02:28:29 PM |
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In 20 years I foresee that bitcoin should be at a very high price or sooner than 20 years already and then I want to sell all my bitcoin and be rich.
Or if the price is going to be stable at like 1k per bitcoin in 20 years then I'll use be using bitcoin as main currency for everything.
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audaciousbeing
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October 11, 2016, 02:35:44 PM |
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I don't know whether bitcoin will show its presence even after 20 years or not, so till its alive I will prefer to collect as much as I can and also will spend when price has reached to my expected level.
This is something I haven't given much of a thought even though I would love it get to that level I would actually wished to have enough that I can really sell and make a lot of fortune in which I am sure of would have increased on the high side. I would want to be like the 17 year old boy story I read whether true or not who invested like $17 in 2009 and made a lot of fortune some years down the line. with amount close to a million dollars. |
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gerXhonza
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October 11, 2016, 05:58:02 PM |
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In 20 years I foresee that bitcoin should be at a very high price or sooner than 20 years already and then I want to sell all my bitcoin and be rich.
Or if the price is going to be stable at like 1k per bitcoin in 20 years then I'll use be using bitcoin as main currency for everything.
If bitcoin survives for next 20 years then it will be holding much higher price but the only issue is that no one knows what exactly will happen in future and what will be the price bitcoin would be holding and that makes bitcoin very risky. |
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jak3
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Activity: 1274
Merit: 1004
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October 11, 2016, 06:10:04 PM |
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i do not expect bitcoin to become $1,000,000 as i know it will never happen it is not a money generator or a magic its a balance which depends on how many users are using it and how they are trading it. if it reached $1000 then i am gonna sell all my savings and will qithdrawl all and if it became worthless i will switch to another currency
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jtalk
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Activity: 1610
Merit: 1004
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October 11, 2016, 06:13:59 PM |
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I am still holding some Bitcoins which I bought at $220 but to be honest I don't have plans for another two decades to keep them holdings. I will be much happy to sell them between $1.5k and 2k range if this happens in coming couple of years. This is my capacity how long I can hold them maximum.
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ged00u
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October 11, 2016, 06:16:29 PM
Last edit: October 12, 2016, 04:56:40 PM by ged00u |
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Personally I think i would sell my bitcoins irrespective of the value that it holds, I mean just keeping for 20 years would never be a good idea , I would spend and buy again when the price is lower. We can not be sure of anything
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chaosknight
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October 11, 2016, 06:19:59 PM |
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i do not expect bitcoin to become $1,000,000 as i know it will never happen it is not a money generator or a magic its a balance which depends on how many users are using it and how they are trading it. if it reached $1000 then i am gonna sell all my savings and will qithdrawl all and if it became worthless i will switch to another currency
Yeah its good to sell them when its allowing us to make profits instead of holding them longer as there is no guarantee that price will go in future so its better to sell them off and grab the profits. |
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richardsNY
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Merit: 1091
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October 11, 2016, 06:26:20 PM |
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Personally I would keep on spending my bitcoins irrespective of the value that it holds, I mean just holding for 20 years would be a foolish thing to do, I would spend and buy again when the price is lower. It's not possible to be sure of anything.
People have been spending Bitcoin regardless of the price since the very beginning. People that look at the price and make the decision on whether or not to spend, see Bitcoin more as an investment tool than a currency tool. |
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BitcoinSupremo
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October 11, 2016, 06:28:07 PM |
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I am still holding some Bitcoins which I bought at $220 but to be honest I don't have plans for another two decades to keep them holdings. I will be much happy to sell them between $1.5k and 2k range if this happens in coming couple of years. This is my capacity how long I can hold them maximum.
Depending on the amount of coin, if I had large amount like 100 or more bitcoins I would surely wait no more than 800 USD, as 80.000 USD is a nice amount to me. In my country you add another 50.000 USD and you buy a small house for yourself. I agree though that if you sell like 100 bitcoins for 2000 USD each than that is an even more wonderful amount. Lately I have stopped gambling and I am conserving every single penny in my hardware wallet. I have 3.3 bitcoin so far and I want to make at least 20 or 30 before doing anything major with them. For 20 years I am sure I would have done 1000 btc by then if things stay like they are now. |
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kryptqnick
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Join the world-leading crypto sportsbook NOW!
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October 11, 2016, 07:19:22 PM |
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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
If Bitcoin became one million $ then I'll buy myself a flat and I'll buy a flat for my great professor. If it stayed where it was or hit 1000 than I would like to give the money I earned to my children. I am planning on keeping some money I am going to earn here within years and then give it to my kids when they grow up (turn 18). |
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croutonhexagon
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October 11, 2016, 07:40:27 PM |
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Well I don't have much experience with bitcoin so I can't figure out exactly what i should do with bitcoin. Although i had planned something like opening business related to bitcoin. And i am planning to keep I hold and just wait for price hike.
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Newcoins2020
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October 12, 2016, 01:52:14 PM |
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At this moment I do not know what I would like in 20 years because that is a long time and I am sure that by then there are going to be other things that are cool to buy.
I now that over 20 years it is going to change for sure.
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martinacar
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October 12, 2016, 01:59:04 PM |
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In 20 years I hope I don't have bitcoin anymore and my plan succeeded. Hoping for bitcoin to become very high value within 15 years max and then sell all my bitcoin to gain alot of wealth so if it succeeds I have no more btc in 20 years.
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mark coins
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October 12, 2016, 02:08:18 PM |
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In 20 years I hope I don't have bitcoin anymore and my plan succeeded. Hoping for bitcoin to become very high value within 15 years max and then sell all my bitcoin to gain alot of wealth so if it succeeds I have no more btc in 20 years.
I will not prefer to hold them even for 15 years as its too long time for me to hold them, in fact I will keep on making profits from small fluctuations on regular basis and it will also multiply my coins. |
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fiscorcle
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October 12, 2016, 02:14:32 PM |
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I would like to be able to move my money and bitcoin seemlessly so not to have to pay any fees to these processors of my payments.
This should be possible in less than 20 years.
But if you mean what I want to be able to buy with it then I wish to by an electric car by then with my bitcoin like that CEO that bought a Tesla. Haha!
Holding the coin is not the way to do it. Spend now and regret later is the way bitcoin has been known for when waiting on the price to go up or in this case for it to go down.
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AicecreaME
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October 12, 2016, 02:25:17 PM |
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It would be great if it would hit $1,000,000 because we will be an instant millionaires in just a blink of an eye but I think it's a little bit of funny because it is really that high. $1000 to $2000 won't be bad for it's price if it will go that again. In case that would really happen in the near future, I would use my bitcoin to buy a house and cars. I know it will worth it.
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fkvidar
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October 12, 2016, 02:27:13 PM |
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It would be great if it would hit $1,000,000 because we will be an instant millionaires in just a blink of an eye but I think it's a little bit of funny because it is really that high. $1000 to $2000 won't be bad for it's price if it will go that again. In case that would really happen in the near future, I would use my bitcoin to buy a house and cars. I know it will worth it.
Majority of users will be satisfied even if it touches the price of $2k in future and even that price can make us rich if we have managed to save descent number of bitcoins, but the price in millions is never possible. |
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