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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59415 times)
LowlandGorilla.
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December 07, 2015, 07:45:10 PM
 #41

Pay for my bus ride with Bitcoin, buy groceries with Bitcoin, etc.
megatron1337
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December 07, 2015, 08:36:25 PM
 #42

Hopefully it will be worth alot and I can retire and spend my days in a coffee shop looking outside the window and laughing at all the people going to work.  All that while having a nice espresso.

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December 07, 2015, 08:44:26 PM
 #43

I dont think that bitcoin will worth so much by then. Its to optimistic in my humble opinion. In 20 years I believe we can be able to buy things everywhere with bitcoin. So my answer is simple, in 20 years I will use bitcoin in everyday transactions. And gamble of course like I'm doing now.

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December 07, 2015, 08:46:34 PM
 #44

I believe in something like 800 dollars value into 20 years,maybe it can boom if countries accept it,anyway,i would buy a car to drive or maybe a new house ,the fact is i cant say how many bitcoins i would have into 2 years even worse when i think into 20 years but well the value for sure will affect what i will be buying.
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December 07, 2015, 11:29:25 PM
 #45

unlink my bank accounts from online payments and use my btc like the digital cash it is.
Pay for anything I choose with bitcoin.
Stop carrying paper and coin (actually maybe even physical wallets by then ;-).
I'd like to be back in real estate, specializing in unique properties and transactions involving
cryptographic currencies and "smart contracts".

As for price and 2 decades of revisions?
It's difficult to make an educated speculation that far out.

What I would like to see by that time is price and code stability,
and ordinary consumers using it seamlessly: everyday for everything without too much effort.

There 'used' to be more truth in forums than anywhere else.  Twitter:  @cryptobitchicks  Spock: "I am expressing multiple attitudes simultaneously. To which are you referring?"  INTJ-A
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December 07, 2015, 11:33:56 PM
 #46

I think we have no idea what will happen with bitcoin in 20 years. There is no point in guessing as it will be pure speculation.
I don't know what price we will have in 2016, and what halving will influence bitcoin economy to begin with.
As far as I can tell harmful government regulations can detroy bitcoin even before it will reach full potential.
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December 07, 2015, 11:42:57 PM
 #47

I would sell all my btc in the first two situations, and become a NBA season ticket holder. If it stayed the same in 20 years, I'd still sell it, cause there's no hope for it to go up. It it dropped to cents, I would just move on from there.

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December 08, 2015, 12:22:12 AM
 #48

Bitcoin hit $1,000,000:
Cash out a few coins, let myself, family and friends live comfortably yet not extensive lives, donate to medical research.

Bitcoin hit  $1,000 again:
Hold it, spend as I need, I expect it to hit this so already sort of have this planned out.

Bitcoin stayed where it was:
Would be a bit surprised but still hold and spend where I needed.

Bitcoin became worthless, or a few cents:
Be thankful for being a part of the process and still hold my coins with pride.

And which of these do you think is most probable?
Bitcoin hit  $1,000 again.
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December 08, 2015, 01:10:15 AM
 #49

I think I need a lot of bitcoin for the next 20 years, maybe I should have around 1000 Bitcoin, maybe in the future bitcoin prices have gone down so I had to have a lot of bitcoin  Grin

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December 08, 2015, 01:16:41 AM
 #50

* Bitcoin hit $1,000,000

Will donate some of it (40% or the like) and use the rest to life comfortably without the pressure of having to work to get a living. Would dedicate more time to my kids/grandchildren and enjoy life with my wife.

* Bitcoin hit  $1,000 again

More or less the same as the previous point, as if it gets to 1000, I will likely hold more by 2030.

* Bitcoin stayed where it was:

Keep earning some of it as an alternative income method, using some of it to pay bills.

* Bitcoin became worthless, or a few cents:

Probably still keep earning and supporting it as a hobby or for fun.

* And which of these do you think is most probable?

I think that for 2030, most probable is like point number 2 (1000 dollar value or the like). 1 Million seems too off the board.

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December 08, 2015, 01:51:22 AM
 #51

* Bitcoin hit $1,000,000

build my business or my little fam's business {i think i should already have a fam and childs in 20 year} , donate at least %25 for charity

* Bitcoin hit  $1,000 again

i will hold it again

* Bitcoin stayed where it was:

Keep using bitcoin

* Bitcoin became worthless, or a few cents:
still using coz it is one of the simplest payment processor ever

* And which of these do you think is most probable?

none of above, i think it's most profitable if 1 bitcoin is equals 1 dollar or even more, just hoping
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December 08, 2015, 02:11:51 AM
 #52

Who knows the fate of bitcoin? Who knows, it could be worth $10k next 20 years or even $1, may all even be the currency of our world. Who knows?
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December 08, 2015, 02:42:23 AM
 #53

The only thing one would hope right now to ensure growth up past the $10,000 mark, is for no foolish bubbles created by some exchange or more bad reputation associated with bitcoins in general. The more legit and established Bitcoin makes itself with world governments as a means to trade (export/imports) the higher the prices will become. If it gets to that point where there is steady healthy growth, we will eventually get there.

As for what I would do with it when that time comes, it will be more of a security measure of finance for me. I will still work and continue what I'm doing... But if times get tough, I know I have a couple bitcoins in my cold storage that I can tap into to help pay for bills and that sort of thing.

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December 08, 2015, 04:06:19 AM
 #54

In the future, people will definitely use digital currency
but do not know if it will be Bitcoin

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December 08, 2015, 05:26:04 AM
 #55

In the future, people will definitely use digital currency
but do not know if it will be Bitcoin
Bitcoin most successful when compare to other digital currencies like Altcoin,Dodge and etc... So I am sure the future digital money will comes under bitcoin only. It will act like U.S. dollar in future. which rules all other digital currency in the world.
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December 08, 2015, 06:22:59 AM
 #56

I do not have any doubt on what would bitcoin worth in 20 years. One satoshi will worth some 5 to 10 dollars. I believe at that time I will hold all my bitcoins saved from now. So, I will have more than 1000 bitcoins after 20 years. I will lead a philanthropist happy life just because of being a bitcoiner.
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December 08, 2015, 06:30:09 AM
 #57

In 20 years if bitcoin is worth more than it is now, it'll be going to my children

 

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December 08, 2015, 08:59:44 AM
 #58

In 20 years if bitcoin is worth more than it is now, it'll be going to my children
Yeah this is one of the good thinks about of bitcoin that in 20 years well be more worth and you can give to your children some bitcoin to start there thing. So than bitcoin in the future well be more bigger than now, because of the new generations like your kids. That will make bitcoin a succesful experiment.
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December 08, 2015, 09:30:58 AM
 #59

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

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1000 dollars is big money too.  Smiley

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December 08, 2015, 09:40:53 AM
 #60

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

Million dollars you get summerhouse, own car and own house, rest put investment
1000 dollars is big money too.  Smiley

Yeah I will just buy a whole island to live there a big white house with a a nice yacht.
But I doubt that 1 bitcoin will be a million.
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