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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59360 times)
pereira4
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August 07, 2016, 12:27:28 PM
 #1041

In 20 years Bitcoin should be about 1 million per coin, that would be enough for me to retire by selling 50% and enjoying passive income from bank interest, of course assuming that banks still exist by then and the system has not completely collapsed.
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August 07, 2016, 01:03:32 PM
 #1042

I am not sure what value it will be holding after 20 years but I hope it will be much higher so I will try to keep on increasing my coins in my wallet till next 20 years.

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August 08, 2016, 09:39:52 AM
 #1043

If my coins are that much worth in the future i will defently buy something special from it because what else can i buy but maybe in the future the price
of the bitcoin is much more worth then he is right now you know.
I do not think there will be people who know about the future of bitcoin as well as the price of bitcoin? deployment of bitcoin might then stop and whenever bitcoin prices could go down or die. so I think the future is not necessarily better. you should still be careful when to launch an investment with a huge amount of money in bitcoin for a long period of time
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August 08, 2016, 09:43:23 AM
 #1044

maybe no 1 will use BTC in 20 years...who knows...

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August 08, 2016, 12:41:53 PM
 #1045

Maybe buy some property/land/building overseas. That would be something big...
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August 08, 2016, 12:50:05 PM
 #1046

It's really hard to predict what could happen in this world in 20 years. Bitcoin might not even exist anymore. If it would.. I guess it'd have a really great price to sell Cheesy
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August 08, 2016, 01:48:23 PM
 #1047

I am not sure what value it will be holding after 20 years but I hope it will be much higher so I will try to keep on increasing my coins in my wallet till next 20 years.
I have the same idea as yours, and when there are more and more people know about bitcoin and become fascinated in it, the price of it will surely go up very very higher in the next 20 years.
Therefore, trying to earn as much bitcoin now and saving them for the purpose of using after our retirement kind of long term investment returns are some of my plan to do with bitcoin in 20 years of time.
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August 08, 2016, 03:06:24 PM
 #1048

It's really hard to predict what could happen in this world in 20 years. Bitcoin might not even exist anymore. If it would.. I guess it'd have a really great price to sell Cheesy
i dont think it will disappear cause many are using it... but the price will get higher... eventhough the present rate is much stable but it will hit the sky with 2000$-10000$ in the coming 20 year....
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August 08, 2016, 03:09:41 PM
 #1049

It's really hard to predict what could happen in this world in 20 years. Bitcoin might not even exist anymore. If it would.. I guess it'd have a really great price to sell Cheesy
i dont think it will disappear cause many are using it... but the price will get higher... eventhough the present rate is much stable but it will hit the sky with 2000$-10000$ in the coming 20 year....


Yup There is no symptoms like bitcoin is getting disappear from us and you can not hold your fiats for next 20 years also but at the same time you can save and hold your bitcoins for next 20 or even 50 years also. That is the power of bitcoin and it will get multiplied minimum thousand times in next 20 years may be more than you speculated.
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August 08, 2016, 04:18:08 PM
 #1050

The future of bitcoin is really bright and potential so there will be a lot of things to do with it. Buying something special might be practical or starting your own business will be a good solution for 20 years planning.
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August 08, 2016, 04:35:44 PM
 #1051

i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.
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August 08, 2016, 05:22:13 PM
 #1052

i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.

That's a good idea, even if the price of bitcoin would stay  at $1000 per bitcoin, 100 bitcoin would still be a big amount, but I think it won't be enough for retirement... If in 20 years I am already nearing retirement, and if the price would stay at $1000, I'll just pull out my coins and convert it to fiat, I'll just engage in business and probably be accepting bitcoin.

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August 09, 2016, 10:38:06 AM
 #1053

i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.

That's a good idea, even if the price of bitcoin would stay  at $1000 per bitcoin, 100 bitcoin would still be a big amount, but I think it won't be enough for retirement... If in 20 years I am already nearing retirement, and if the price would stay at $1000, I'll just pull out my coins and convert it to fiat, I'll just engage in business and probably be accepting bitcoin.

In 20 years, if the bitcoin still exists, the price will be very high and it is widely accepted. So you can use it directly.

 
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August 09, 2016, 10:39:57 AM
 #1054

i think holding 100bitcoin for retirement day in next 20years is good option, im sure in future bitcoin will be famous currency and 40% offline merchand use it like visa/ master card.

That's a good idea, even if the price of bitcoin would stay  at $1000 per bitcoin, 100 bitcoin would still be a big amount, but I think it won't be enough for retirement... If in 20 years I am already nearing retirement, and if the price would stay at $1000, I'll just pull out my coins and convert it to fiat, I'll just engage in business and probably be accepting bitcoin.

In 20 years, if the bitcoin still exists, the price will be very high and it is widely accepted. So you can use it directly.

Yeah if bitcoin survives for next 20 years then surely it will be sitting on the moon and it will be used and accepted everywhere directly so we don't have to depend on fiat at that time.
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August 09, 2016, 11:28:53 AM
 #1055

Bitcoin hit $1,000,000: even i get 1 bitcoin after 20 year's i would probably happy because i do buy all things i want build a house and lot where i can live free and alone because 1 bitcoin is equal to 1m dollar here in ph you can buy a lot with that money Smiley
Bitcoin hit  $1,000 again: i will exchange all this into fiat so that i can use it on my daily living where i can build a small business to start a business
Bitcoin stayed where it was: i will continue to collect and earn bitcoin and hold it until the price came back
Bitcoin became worthless, or a few cents: i don't know maybe i still continue to collect and earn as much as i can Smiley
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August 09, 2016, 12:47:00 PM
 #1056

In 20 years I'd be pretty happy if I could buy groceries and pay my bills exclusively and directly with Bitcoin... The rest might take some time and it might not even be Bitcoin as we know it powering it Smiley

Well, the problem is, Is bitcoin still be available after 20 years ? How about if the price of the bitcoin after 20 years will be 1$ ? Or much lower ? Because there will be no more Miners from bitcoin and maybe other cryptocurrency will rise. And the problem is, Bitcoin will be dumped in the future.


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August 09, 2016, 12:52:18 PM
 #1057

In 20 years I'd be pretty happy if I could buy groceries and pay my bills exclusively and directly with Bitcoin... The rest might take some time and it might not even be Bitcoin as we know it powering it Smiley

Well, the problem is, Is bitcoin still be available after 20 years ? How about if the price of the bitcoin after 20 years will be 1$ ? Or much lower ? Because there will be no more Miners from bitcoin and maybe other cryptocurrency will rise. And the problem is, Bitcoin will be dumped in the future.


We really cant say it might happen or not, i think in 20 years bitcoin will be widely accepted and stores are beginning to accept bitcoin, and that would be great. if i have big bitcoin savings at that time, i would like to buy a house or travel abroad together with my loved ones.

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August 09, 2016, 12:55:52 PM
 #1058

In 20 years I'd be pretty happy if I could buy groceries and pay my bills exclusively and directly with Bitcoin... The rest might take some time and it might not even be Bitcoin as we know it powering it Smiley

Well, the problem is, Is bitcoin still be available after 20 years ? How about if the price of the bitcoin after 20 years will be 1$ ? Or much lower ? Because there will be no more Miners from bitcoin and maybe other cryptocurrency will rise. And the problem is, Bitcoin will be dumped in the future.


We really cant say it might happen or not, i think in 20 years bitcoin will be widely accepted and stores are beginning to accept bitcoin, and that would be great. if i have big bitcoin savings at that time, i would like to buy a house or travel abroad together with my loved ones.

Bitcoin will be much popular and widely used and accepted in future, and if it stays alive for next 20 years then its price would be beyond our imaginations.
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August 09, 2016, 12:56:16 PM
 #1059

I am not sure what value it will be holding after 20 years but I hope it will be much higher so I will try to keep on increasing my coins in my wallet till next 20 years.
of course the price is going to be way higher pretty soon, in my opinion we will reach the new heights and the price will be like 20000 dollars per bitcoin

 
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August 09, 2016, 01:33:27 PM
 #1060

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 hits $1,000,000 in 20 years I'd sell half of one coin and travel around the world.

If Bitocin will be $1,000 I think with my few coins which I will probably have by that time I'd travel to one or two places I was always dreeming of.

If Bitcoin will be worthless, well, it will never happen IMO

And I think none of these is most probable because Bitcoin will be from $10,000 to $20,000 in 20 years.

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