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Author Topic: In 20 years, what would you like to do with your bitcoin?  (Read 59360 times)
useless4
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August 11, 2016, 01:29:48 PM
 #1081

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.
better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.
yeah, opening a business with bitcoin would definitely be great, i would also like to shop with bitcoins and use it daily all the time

 
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uname
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August 11, 2016, 02:15:03 PM
 #1082

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.
better is to use most of the bitcoin to open a business in the real world. I suggest to open a business related about the technology. because with technology we can help the development of bitcoin in this world.
yeah I think a good business in the future is about technology. because the technology will be needed in the future. but you must remember that the technology will be more advanced. If your item does not sell quickly then you will lose

RealityTruth
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August 11, 2016, 02:15:27 PM
 #1083

I don't currently have any  Sad

Roger Burton
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August 11, 2016, 02:16:44 PM
 #1084

1) Chill
2) Whatever
3) I will survive
4) It will be sad

Dunno about you but that's how I feel Smiley
mark coins
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August 11, 2016, 02:18:52 PM
 #1085

I am not thinking of that long as there is no guarantee that bitcoin will survive till that point of time, my focus is on short term and I believe in making quick profits.
bitsoldiers
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August 11, 2016, 02:28:02 PM
 #1086

if bitcoin hit $1,000...wow will go into whole investmest...and own a small private company that deal with bitcoin mining!!!!
marketgold
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August 12, 2016, 02:42:00 AM
 #1087

I think first option will happen and then second and will stay like that. Probably i will start cloud mining , at current bitcoin price personally i cant make profit with cloud mining
hendra147
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August 12, 2016, 02:46:11 AM
 #1088

I think first option will happen and then second and will stay like that. Probably i will start cloud mining , at current bitcoin price personally i cant make profit with cloud mining

cloud mining? are you sure you can take profit in cloud mining system..? i think cloud mining is just only f*cking hidden ponzi scheme, better you build your bitcoin rig now and you can earn a lot money in future.
Supercrypt
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August 12, 2016, 05:21:13 AM
 #1089

Bitcoin will never rise upto $1,000,000 or $1,000 anytime soon!

In my opinion it'll stay at $600 max.

No wonder whether all governments will accept it or not, but it'll stay there for sure.

For me, Bitcoin price will rise upto 1000$ in the year 2018-2020. But we dont know that for sure. But for me, that price will be achieved. Look at the people who are investing now.  We are now growing, and still even now. But the problem is, when do bitcoin stops producing ? We are now experiencing some Halving events and lately, Bitcoin price rose upto 700$.
the price is definitely going to grow to way bigger prices pretty soon, i think that something like 10 thousand dollars per bitcoin will be possible
Possible, but that is not something that we can accurately predict since 20 years is a really long time, even for a long-term investment. That actually can be considered a double long-term investment time since usually, it's only 10 years. A lot can happen within those 20 years.
Dark.Angel
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August 12, 2016, 07:25:05 AM
 #1090

In 20 years, bitcoin might get some more adoption. So that, the price might goes up! i speculate about USD 15,000/BTC. And in 20 years from today, i might totally forgot about bitcoin and i'll roll on fiat. once again it just my oppinion..
Betwrong
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August 12, 2016, 09:35:30 AM
 #1091

In 20 years, bitcoin might get some more adoption. So that, the price might goes up! i speculate about USD 15,000/BTC. And in 20 years from today, i might totally forgot about bitcoin and i'll roll on fiat. once again it just my oppinion..


In 20 years it will be impossible for anyone to ignore Bitcoin so I don't think you'll forget about it. Imo Bitcoin is like personal computers: when they first appeared only a few predicted that in 20 years everyone will be wanting to have them.

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thejaytiesto
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August 12, 2016, 01:49:02 PM
 #1092

If a person holding 21 BTCs isn't RICH in 20 years it will only mean that Bitcoin failed. If Bitcoin has reached mainstream status by 2036, the price should be on the 6 to 7 figures each coin, anything else just doesn't add up, mathematically. It will either be A LOT or nothing at all. No intermedium.
hero1111
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August 12, 2016, 05:05:20 PM
 #1093

20 years is really long term and i think bitcoin will live 20 years later too and many people will use bitcoin and  the value of Bitcoin will increase too much and if i save bitcoin in next 5 years i can be so rich person 20 years later and I set up my own company.
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August 12, 2016, 06:48:13 PM
 #1094

20 years is really long term and i think bitcoin will live 20 years later too and many people will use bitcoin and  the value of Bitcoin will increase too much and if i save bitcoin in next 5 years i can be so rich person 20 years later and I set up my own company.

yeah try to collect as much as you can and save it for the future as price will be much higher in future so its better to save them for future to earn good profits.
richardsNY
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August 12, 2016, 07:44:30 PM
 #1095

If a person holding 21 BTCs isn't RICH in 20 years it will only mean that Bitcoin failed. If Bitcoin has reached mainstream status by 2036, the price should be on the 6 to 7 figures each coin, anything else just doesn't add up, mathematically. It will either be A LOT or nothing at all. No intermedium.

No, Bitcoin will not fail when you aren't getting rich with a low number of coins as 21 BTC in 20 years. My definition of being rich is when you have more than $1,000,000 as wealth. $1,000,000 divided by 21 = $47,619 per coin!! Will not happen. So according to you Bitcoin will fail guaranteed right?
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August 12, 2016, 08:14:02 PM
 #1096

i would like to be able to buy food and stuff like that with bitcoins in 20 years
marketgold
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August 12, 2016, 11:33:03 PM
 #1097

I am not thinking of that long as there is no guarantee that bitcoin will survive till that point of time, my focus is on short term and I believe in making quick profits.
You never know . It can survive 5 years more or 50 years more.
Efemen
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August 14, 2016, 09:30:26 AM
 #1098

i would like to be able to buy food and stuff like that with bitcoins in 20 years

In 10 years, we should be able to do that. In fact, you can use the bitcoin credit/debit card to do that now.
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August 14, 2016, 10:51:07 AM
 #1099

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
Bitcoin will hit 1000$ faster then 20 years . In 20 years it can triple his value

richkellj
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August 14, 2016, 08:07:31 PM
 #1100

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
Bitcoin will hit 1000$ faster then 20 years . In 20 years it can triple his value
I sure do hope so.
Well, we can not really be sure. These baseless speculations are kind of frowned upon in the forums now.
There is an infinite number of possibilities out there that can happen within 20 years and the value of bitcoin is market dependent which is why it is highly volatile.
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