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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59357 times)
Kolder
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March 15, 2016, 11:36:38 AM
 #421

That's too long to even guess since the indicators right now are worthless when guessing for such a long period of time, it can easily be worth a million dollars or a thousand dollars or any amount of USD.

It's quite simple. By that time Bitcoin will either be worth a lot, or absolutely nothing. There are only 2 outcomes possible.

That is right. With strong development team, the bitcoin will rise in value quite a lot. If we have good community, it is even better.

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March 15, 2016, 11:45:26 AM
 #422



You can not hold your fiats for next 20 years but at the same time you can save and hold your bitcoins for next 20 or even 50 years also. That is the beauty of bitcoin and it will get multiplied minimum thousand times in next 20 years.

Thats not certain bitcoin itself will be unchanged but this is why people compare it to gold which is inert.    The main thing is if bitcoin last 20 years it will have proven itself and so be more reliable to a wider section of society.  This implies far greater worth then now as bitcoin coin growth is greatly behind natural human population growth so the price rises

Sell them for a ton of cash "literally a ton Tongue"
If bitcoin is around in 20 years it will be superior to cash at that point.    So you are saying you'd swap all of this superior standard for some simple cash which is easily degraded compared to a monetary standard thats last 20 years.  
Dollars dont really last 20 years as they keep printing far more then the population of the country rises or the productive capacity of the country rises, this means the standard of dollar is constantly falling.   Over 20 years that fall is quite large, possibly we see 50% loss in value.     It might not be true but if bitcoin was almost perfect in comparison, it'd be seen as much more reliable.    The other scenario is bitcoin destroys itself or overtaken by hack attacks or technology itself allows it to be corrupted.  I dont know how but it'd quite astonishing if bitcoin really did last 20 years.  

   The scenario I expect is technology replaces and surpasses the bitcoin concept, perhaps in a postive good way I dont know

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Altynbekova
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March 15, 2016, 02:41:19 PM
 #423

That's too long to even guess since the indicators right now are worthless when guessing for such a long period of time, it can easily be worth a million dollars or a thousand dollars or any amount of USD.

It's quite simple. By that time Bitcoin will either be worth a lot, or absolutely nothing. There are only 2 outcomes possible.

That is right. With strong development team, the bitcoin will rise in value quite a lot. If we have good community, it is even better.
I really dont know what to do with the coins. But I hope that we can have all some profit later. And that the price will rise.
Maybe Bitcoin will used later as an international payment method. That will be so good. And that many people are going to use it. But you never know what will happen.
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March 16, 2016, 09:19:18 AM
 #424

I don't know about 20 years since that's too far to even predict but in around 3-4 years I think bitcoin will reach the $1,000 , it's already increasing and with increased publicity and media coverage I think the price will improve.
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March 16, 2016, 09:38:22 AM
 #425

If bitcoin worth a million dollar then my bitcents would actually worth allot of money, I would withdraw it and keep it as an investment in the bitcoin field and on other small fields of investment online.
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March 16, 2016, 12:33:11 PM
 #426

if it hits a million it would be great but it wont happen

1 million is too much for bitcoin, even the 10,000 goal is still too far from now...After 20 years, and I haven't collected  a sufficient amount of bitcoin for myself, well, I guess I would then be starting to go back and invest to fiat...

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March 16, 2016, 12:43:54 PM
 #427

If bitcoin worth a million dollar then my bitcents would actually worth allot of money, I would withdraw it and keep it as an investment in the bitcoin field and on other small fields of investment online.

Don't you think that million dollars each whole of bitcoin is too much and impossible to reach ?
But if you are patient to invest your bitcoin and wait it until 20 years again, I believe, you will get some profit.

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March 18, 2016, 02:15:53 AM
 #428

If bitcoin worth a million dollar then my bitcents would actually worth allot of money, I would withdraw it and keep it as an investment in the bitcoin field and on other small fields of investment online.

Don't you think that million dollars each whole of bitcoin is too much and impossible to reach ?
But if you are patient to invest your bitcoin and wait it until 20 years again, I believe, you will get some profit.

Not at all, I expect gold to go up to a million dollars an ounce by the middle of next year. Some real estate can increase to a higher rate faster than any other holding. I'm going to sell my house for a half billion dollars next year too.

I guess no one has the capacity for logic or reason on this forum.

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March 18, 2016, 02:18:42 AM
 #429

Twenty years seems like a long time but it will be here before you can find a girl,get married,settle down,have a kid,watch them grow,send them to University,maybe retire,but besides that its a short time.

I expect to find it after losing it for the 5th time and go to old pawn shop to find out its worth less than I thought and be told I should have sold 5 years ago when it was collectors item.

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March 19, 2016, 10:27:10 AM
 #430

In 20 years I think bitcoin might be worth much more than it worth now, specially if you look at how the price and the adoption to BTC is increasing IMO.
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April 01, 2016, 09:52:18 AM
 #431

In 20 years I think uᴉoɔʇᴉq might be worth much more than it worth now, specially if you look at how the price and the adoption to BTC is increasing IMO.

If the price rises 50% a year, the price will be 3325 fold of present value. So it will be around $1.33 million.

 
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April 07, 2016, 03:49:41 AM
 #432

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

Firstly i like to invest my Bitcoins i think i can get more bitcoins and also get profit instead of saving Bitcoins, because 20 years a long time priod, i will go some more other things which it already in my mind.   
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April 07, 2016, 09:21:06 AM
 #433

In 20 years I think bitcoin might be worth much more than it worth now, specially if you look at how the price and the adoption to BTC is increasing IMO.

Truly everything said will happen, I had decided to make as much possible within the 20 years time. This may help me have a relaxed life for the next 20 years or more.

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April 07, 2016, 09:53:42 AM
 #434

With in 20 years I'd like Bitcoin to become even more popular and successful. But what I really wish for is that you can use bitcoins to pay at almost every store just like Paypal.
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April 07, 2016, 10:05:21 AM
 #435

With in 20 years I'd like Bitcoin to become even more popular and successful. But what I really wish for is that you can use bitcoins to pay at almost every store just like Paypal.

If you think about it, things are working out well in according to this. More and more merchants are accepting bitcoins for their transactions. Bitcoin is getting treated seriously more and more. Given this, 20 years from now? Bitcoin would have already gave me huge double-ups for my funds, and you know, basically have that money used for other investments or for retirement perhaps.

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April 07, 2016, 10:21:14 AM
 #436

With in 20 years I'd like Bitcoin to become even more popular and successful. But what I really wish for is that you can use bitcoins to pay at almost every store just like Paypal.
Right mate, I think in 20 years almost all the stores accept bitcoin. We can see more and more people using bitcoin. Those people who neglected bitcoin too use it in future.

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April 07, 2016, 11:01:20 AM
 #437

in 20 years from now ... ummm .. I would like to see BTC being used as a local currency in every part of world Smiley
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April 07, 2016, 11:16:31 AM
 #438

In 20 yrs i would save up more bitcoin so that i could earn more money or if the bitcoin price started going down i would spend it all.

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April 07, 2016, 12:48:58 PM
 #439

In 20 years I'd like bitcoin to be worth enough to enable me to retire early or even buy me another house or something. Basically I hope bitcoin can make me significantly wealthier one day Smiley

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April 07, 2016, 12:57:59 PM
 #440

In 20 years from now, I expect bitcoin to be universally accepted so that we can use it a mode of payments for almost anything. Paying rent, buy gas, pay electricity bill, go to a coffee shop, a restaurant and get a hooker for yourself are just but a few things that i will like to be used with bitcoin
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