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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59413 times)
diegz
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February 12, 2016, 12:45:33 AM
 #221

I think that in a few years, Bitcoin will have shot up and it could be worth around $4000+ but no one knows. If it stayed at $1,000, I'd like to probably buy a proper house and a nice car then keep the rest for saving.

yeah, that would be nice if atleast bitcoin would stay around $1000, and in 20 years if we have 100 coins then it would be approximately $100,000 so good enough for retirement house..  Smiley

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February 12, 2016, 01:09:07 AM
 #222

I would like to make a lot of money with it the bitcoin by trading.
The point is that the bitcoin is unpredictable.
So maybe it will not even survive this 20 years.
lol I think you do not need to wait 20 years to trade, you can do the trading right now, what are you waiting until 20 years it's not important

you're better off using bitcoin to charity at 20 years, cz 1 bitcoin must be very expensive
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February 12, 2016, 02:26:36 AM
 #223

At that point I'd like to use it as a decent chunk of my retirement ha. If I can get to my goal of 10 coins and build alot of weath outside of BTC I think I can alteast downgrade to a part time job

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February 12, 2016, 03:40:58 AM
 #224

I would like to make a lot of money with it the bitcoin by trading.
The point is that the bitcoin is unpredictable.
So maybe it will not even survive this 20 years.


when I join in 20 years then I want to join hole life because I earn money with bitcoin and bitcoin is good service and better

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February 12, 2016, 12:26:03 PM
 #225

I'm sure most people hope to spend it and that it is worth much much more. I personally hope that it is commonly used by all at that point. We will see.
But for supporting bitcoin to reach there , people need to start using and adopting it from now, as with that it will get strength and will increase its price value. The more a currency is accepted by people the more it achieves the strength.

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February 12, 2016, 01:36:41 PM
 #226

I'm sure most people hope to spend it and that it is worth much much more. I personally hope that it is commonly used by all at that point. We will see.
But for supporting bitcoin to reach there , people need to start using and adopting it from now, as with that it will get strength and will increase its price value. The more a currency is accepted by people the more it achieves the strength.

Yeah, adoption is the key here, if the adoption level is higher at the initial stage then the future of bitcoin is safe and it will be more popular in future and become a strong currency, more people mean more stable price of bitcoins.
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February 13, 2016, 01:29:48 PM
 #227

I'm sure most people hope to spend it and that it is worth much much more. I personally hope that it is commonly used by all at that point. We will see.
But for supporting bitcoin to reach there , people need to start using and adopting it from now, as with that it will get strength and will increase its price value. The more a currency is accepted by people the more it achieves the strength.

I use bitcoin when I do online shopping if the retailer accepts it. This will increase the value of bitcoin gradually.

 
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elloco4ever
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February 13, 2016, 01:41:02 PM
 #228

I'm sure most people hope to spend it and that it is worth much much more. I personally hope that it is commonly used by all at that point. We will see.
But for supporting bitcoin to reach there , people need to start using and adopting it from now, as with that it will get strength and will increase its price value. The more a currency is accepted by people the more it achieves the strength.

I use bitcoin when I do online shopping if the retailer accepts it. This will increase the value of bitcoin gradually.

you are doing the perfect thing because we all needs to do this and create awareness about bitcoin even if they dont accept atleast retailer ill be aware of this digital currency called bitcoin.

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February 13, 2016, 02:12:42 PM
 #229

since i am still young and don't own a house of my own. i am planning (wishing) that i can buy a house in the future.

and this is where my bitcoin investment comes in. i am earning, and gathering bitcoin through trading , etc for the future to sell it and have a decent profit that i can use to buy it.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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February 13, 2016, 02:30:50 PM
 #230

Well, hopefully you can get a house or pay for its renovations by just using bitcoin but we'll never know where is bitcoin by then. Technology is changing and industry leaders are changing.

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February 13, 2016, 03:13:02 PM
 #231

I'm sure most people hope to spend it and that it is worth much much more. I personally hope that it is commonly used by all at that point. We will see.
But for supporting bitcoin to reach there , people need to start using and adopting it from now, as with that it will get strength and will increase its price value. The more a currency is accepted by people the more it achieves the strength.

I use bitcoin when I do online shopping if the retailer accepts it. This will increase the value of bitcoin gradually.

you are doing the perfect thing because we all needs to do this and create awareness about bitcoin even if they dont accept atleast retailer ill be aware of this digital currency called bitcoin.

The only way this is a prefect thing is like you say can create awareness and if others also start using it to buy things which they need and thus increasing the adoption rate of Bitcoin, then of course more adoptions of Bitcoin the more demand for Bitcoin which will then increase the price.

We need more people like you who will spend Bitcoin and give more merchants incentive to accept it. More people like me because I rarely spend my coin on everyday items, I just trade it.

I would want Bitcoin to be adopted by many in the year 2020 and with that the price could be anything from here to 1000,s I doubt very much a million  Cheesy The most probable is 1000+ or failed experiment. Time will tell but if the former I would finish paying off my house in Bitcoin and possibly retire early.  
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February 13, 2016, 03:28:54 PM
 #232

It's not to difficult question for most of us.
We collecting bitcoin because we believe in the vision behind it and hope that later (when BTC become mainstream) value of Bitcoin will increase a lot.
This will help many of us to achieve financial freedom.
We can talk about ideas, revolutionary projects etc, but it's all about money, after all.
I don't think that bitcoin will replace main world currencies.
So, after 20 years, I will sell my bitcoin for maybe 50-500 times higher value than now and solve all my financial problems Smiley


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February 13, 2016, 03:30:09 PM
 #233

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?

In 20 years, the most probable out of your possibilites is Bitcoin hit  $1,000 again. $1,000,000 wont happen, to stay around $400 is unlikely, and few cents is impossible as well because some shitcoins have bigger market cap already even though hardly anyone accepts them as payment.


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February 13, 2016, 04:02:41 PM
 #234

Well, I think it is a bit hard to predict what will be the future of bitcoin in 20 years, because it is undoubted that technology never will end to surprise us! Actually I would be happy if bitcoin worth $1000 then, but we should prepare our minds to any potential scenarios, even the worst ones where bitcoin ceases to exist for good.  Undecided
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February 13, 2016, 04:04:27 PM
 #235

I would hold my bitcoins for next 20 years, as we are pretty sure that bitcoin would be a global currency till then, So I would spend less and save more so that I can sell when the value reaches the moon.

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February 13, 2016, 04:08:09 PM
 #236

In 20 years I should have 20 BTC so I would be retiring by them. Hopefully I can reach my goal this year, then hold long term for those 10 to 20 years and retire nicely. I am going to start spending until I achieve my 21 BTC dream, after 21 I will start spending some, but never go below 21 so I always have that number on my wallet, but it will take a lot of hard work still to get there.
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February 13, 2016, 04:40:48 PM
 #237

In 20 years I should have 20 BTC so I would be retiring by them. Hopefully I can reach my goal this year, then hold long term for those 10 to 20 years and retire nicely. I am going to start spending until I achieve my 21 BTC dream, after 21 I will start spending some, but never go below 21 so I always have that number on my wallet, but it will take a lot of hard work still to get there.

Yeah, 21 btc is dream of many of us, and we are putting all efforts to achieve that goal, but its not gonna easy to reach there, but once the goal is met, we need to keep all those coins safe in cold storage.
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February 13, 2016, 04:52:55 PM
 #238

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.
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February 13, 2016, 04:56:27 PM
 #239

The odds of Bitcoin eventually hitting $1,000,000 are really high, since paper money is heading for a collapse.
Hopefully, my $1,000,000 BTC will still be able to buy food for a couple weeks.

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February 13, 2016, 05:41:11 PM
 #240

I guess that if in 20 years, if I have a bitcion and it reaches $1000 then I would sell what i have and put up a business in the locality, I will accept bitcoin as payment for my services  Cool
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