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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59356 times)
jethrorn99
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January 02, 2016, 11:23:02 AM
 #121

Bitcoin hit $1,000,000 = I could paid off my college and buy a house.
Bitcoin hit  $1,000 = I'll sell some for college too and some for things i want to buy in the internet.
Bitcoin stayed  = Well, i'll keep it and wait until the price rise.
Bitcoin became worthless = I'll keep it, maybe i can have enough for 1 pizza later on  Grin
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January 02, 2016, 11:36:03 AM
 #122

If we talk about next 20 years then I am also expecting a price of at least 100,000 $ for Bitcoin.I will always keep in my holdings at least 2 Bitcoin to see my dream becoming true in a decade or two.Bitcoin's limited supply will turn it into very valuable even sooner than this time frame.
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January 02, 2016, 11:40:38 AM
 #123

What would I do if:
Bitcoin hit $1,000,000:I make a big house with expansion in my business.I will not take early retirement and necessary things what a rich man takes to live a high standard life.
Bitcoin hit  $1,000 again:In this case I can do thing than keep holding for another rise in price.
Bitcoin stayed where it was:The reaction will be same as for question 2.
Bitcoin became worthless, or a few cents:I will accept it as my destiny that I can never become rich.
And which of these do you think is most probable? I think fist option is most probably to happen and will happen as I believe .
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January 02, 2016, 11:44:12 AM
 #124

I don't think we will need to wait that long.I have my own plan to sell my bitcoins and for me 5000$/BTC will be acceptable and much more profitable to liquidate my funds.That day can come when prices touch 100000 $.


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January 02, 2016, 11:45:10 AM
 #125

Bitcoin hit $1,000,000: buy an island and just sit on beach sipping mojitos.
Bitcoin hit  $1,000 again: Nothing just keep watching the world pass by sipping my mojitos.
Bitcoin stayed where it was: Be where I am today  Cry
Bitcoin became worthless, or a few cents: Nothing, it wouldn't matter to me really  Undecided

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January 02, 2016, 12:29:02 PM
 #126

Bitcoin hit $1,000,000: buy an island and just sit on beach sipping mojitos.
Bitcoin hit  $1,000 again: Nothing just keep watching the world pass by sipping my mojitos.
Bitcoin stayed where it was: Be where I am today  Cry
Bitcoin became worthless, or a few cents: Nothing, it wouldn't matter to me really  Undecided

I don’t think I will wait for bitcoin to reach such an amount, that’s greediness. And I am not sure bitcoin will reach such an amount, though I am not saying it won’t be possible, it could, and if it ever happens that would take bitcoin hundred years to do so.
So what I am trying to say is that even $1000 is enough for me, if bitcoin reaches $1000 it is good price, considering the amount of bitcoin I have now.
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January 02, 2016, 03:08:19 PM
 #127

Well, right now I have some bitcoin funds in my wallet and really have big ''hope'' that in 20 years value of bitcoin will increase a lot, maybe 50-100 times.
In this happened, I will be able to quit my offline job, close loan in the bank, travel around the world .)
Yes, in 20 years I will spend this bitcoin and finally enjoy my life.

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January 02, 2016, 03:20:14 PM
 #128

Bitcoin hit $1,000,000: buy an island and just sit on beach sipping mojitos.
Bitcoin hit  $1,000 again: Nothing just keep watching the world pass by sipping my mojitos.
Bitcoin stayed where it was: Be where I am today  Cry
Bitcoin became worthless, or a few cents: Nothing, it wouldn't matter to me really  Undecided

If bitcoin hits $1,000,000 I think I will use it to make an investment which I will withdraw in the form of cash, with this cash I think I can probably start up a factory or a business that I will benefit. I will change all my bitcoins to cash if it reaches $1,000,000. Even $10,000 for each Btc is enough for me.

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January 02, 2016, 03:26:14 PM
 #129

Bitcoin will never hit $1,000,000 in exchange value for the USD.  There is just nothing supporting that this would happen in any way.  If it hit $1,000 again in the near future, i think that it would end up dropping again, for to many people would sell off and get scared.  It would not matter to me if it dropped to a few cents for I do not keep much of it, I use what I sell as soon as I find something I want once I earn it.

Well you cant say that wont ever reach any value in the future,sure todays looks like it wont reach that value but in the past bitcoin were worthing peenies and reached 1000dollars and now its worthing 400 dolalrs soo ,dont understimate the value.I believe on the next 20 years we will see bitcoin atleast on 800 dollars if not at 2000dollars.
I am sorry but he can say that bitcoin will never hit the 1,000,000 value mark.  The simple reasoning behind that would be the fact that if bitcoin would hit the 1,000,000 mark, then the total bitcoin in the world would be worth $21,000,000,000,000 which is the value of 1/3 of all the money in the world.  That would never happen.

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January 02, 2016, 09:18:24 PM
 #130

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.

I dont probably buy yacht IF HITS SOMEDAY.  Cheesy Then i keep mouth shut and never tell anyone. - Maybe MOM and DAD.

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January 02, 2016, 09:35:20 PM
 #131

If it hit 1 million i would just sell it, i wouldnt care if it would hit 2 million after, 1 is enough Cheesy

But in 20 years, i would like to use it to buy anything online. Not in the real world, but at least online.
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January 02, 2016, 10:08:20 PM
 #132

Bitcoin HAS to hit 1 million dollars per coin, there's no other outcome if it's a success. The supply is too limited, and the marketcap is tiny right now. Make the marketcap higher where it should be (on the trillions right there with gold) and you'll have 1 million per BTC. Party hasn't even begun.
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January 02, 2016, 10:12:54 PM
 #133

Let's hope that in 20-year time bitcoin price could be between the $5000 and $10 000! And this possibility doesn't seem too far-fetched to me!
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January 02, 2016, 10:44:15 PM
 #134

If it hit 1 million i would just sell it, i wouldnt care if it would hit 2 million after, 1 is enough Cheesy

But in 20 years, i would like to use it to buy anything online. Not in the real world, but at least online.

Modernity makes someone want everything becomes simple. No problem if in 20 year advance you use your bitcoin just through online. Without exchange first and use in to your real life

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January 02, 2016, 11:46:56 PM
 #135

selling all of my bitcoin , because i've planned to save what i gain in a week atleast 10% of all btc to my cold wallet and will selling it when the price reached 1000$ or more
a good idea, because I also have a plan like that, because in the near future I do not plan to save bitcoin, I do not really like bitcoin as an investment, I would support the bitcoin as a currency, it will be easier to grow and look interesting, because I think the investment is not very appropriate for bitcoin.

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January 03, 2016, 09:25:14 AM
 #136

If it hit 1 million i would just sell it, i wouldnt care if it would hit 2 million after, 1 is enough Cheesy

But in 20 years, i would like to use it to buy anything online. Not in the real world, but at least online.

most likely you will be able to use it everywhere at that point, because let's be honest at 1M per coin, it mean that the adoption is crazy, better than gold or anything else

so is very probable that is going to be accepted everywhere, people tend to forget that only the adoption can make bitcoin reach to crazy volume

there is no way to reach 1M per coin and maintaining the current user base, which is estimated to be 3M only...this is an oxymoron
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January 03, 2016, 10:05:51 AM
 #137

Maybe in 20 years the bitcoins' price will be $1.000 and if the price reach it, i will sell all my bitcoin that i collect from now. but we don't know the price will increase or decrease.
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January 04, 2016, 04:24:26 PM
 #138

Let's hope that in 20-year time bitcoin price could be between the $5000 and $10 000! And this possibility doesn't seem too far-fetched to me!

Just rise even 1000-1200 dollars/BTC (bitstamp)  Tongue

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January 04, 2016, 04:26:17 PM
 #139

maybe by that time I had become a rich man and had to sell all bitcoin I have. or maybe that time I already had miners working tool automatically searches for bitcoin lot  Cheesy LOL

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wikenpp
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January 04, 2016, 06:12:06 PM
 #140

In 20 years I hope to buy a house on the regular market.
If bitcoin is used in major transactions it means bitcoin has matured and we have achieved our goal.
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