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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41267 times)
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December 07, 2015, 04:11:04 PM
 #21

By 2030, a Dollar will be worthless, so you can't put valuations of BTC in that Denominations, the value of BTC in the future will be determined by usefulness and capability/resiliency of the blockchain. Watch.

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December 07, 2015, 04:22:18 PM
 #22

Maybe but for now 10 bitcoins isn't worth nearly enough to be a millionaire. Even if you do have 10 bitcoins, you could still work hard to stack that up. You never know what bitcoin could be worth in the future. The more you have, the better.

Yup very true, you need always to have a back up just incase have a fiat money.
I think bitcoin will increase in the future but you just can't be sure if that happens.
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December 07, 2015, 04:23:15 PM
 #23

I think there is good chance that you can become rich by having 10 btc.
It will be worthless or worth millions, you know.



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Paashaas
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December 07, 2015, 04:38:16 PM
 #24

When Bitcoin goes mainstream you have enough with 10 coins. Do you got the balls to hold for the comming 15 years?

No panic sell at $2.500 to buy a new car you saw that week in a magazine?

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December 07, 2015, 04:50:40 PM
 #25

i dont think each bitcoin will be worth 100,000 in like 15 years so you're prolly not becoming a millionaire. but im guessing ull still be pretty rich.
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December 07, 2015, 04:53:00 PM
 #26

if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire  Grin

Terrible mathematical skills!

No neither will probably be true, we have to face the truth that Bitcoin has a slim chance of surviving. So far... Bitcoin has survived beyond odds so it may live on!
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December 07, 2015, 04:56:21 PM
 #27

Truth? Slim chance? Based on what? How did you declare these as facts?

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December 07, 2015, 04:56:43 PM
 #28

How many people all over the world can have 10 BTC in 2030. How many BTC will there exist in 2030? Is that about 12 million or so or am i wrong?

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December 07, 2015, 05:02:51 PM
 #29

Truth? Slim chance? Based on what? How did you declare these as facts?

Look at the Bitcoin network. Look at the clients. Then look at the source code. So many ways to manipulate the software with bugs that can be undetected from teh Bitcoin Network for intelligent bitcoin network programmers.
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December 07, 2015, 05:10:24 PM
 #30

You don't sound intelligent enough to be bashing the security of the bitcoin network which stores Billons of dollars in value just in the crypto currency that secures it alone. I doubt you've even gone through the source code, let alone interpreted it in any analytic capacity. If not bitcoin, block chains, are the future of asset transfer and ownership.

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December 07, 2015, 05:20:50 PM
 #31

Look at the Bitcoin network. Look at the clients. Then look at the source code. So many ways to manipulate the software with bugs that can be undetected from teh Bitcoin Network for intelligent bitcoin network programmers.

To save us wading through the source code in its entirety, could you link to the relevant bug reports?

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December 07, 2015, 05:38:14 PM
 #32

How many bitcoins are there exactly? How many people can own 10BTC?

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December 07, 2015, 05:47:40 PM
 #33

How many bitcoins are there exactly? How many people can own 10BTC?

There will only ever be 21 million bitcoin's.

At the moment there are around 14.9 million bitcoin's that have been mined & are in circulation.


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December 07, 2015, 05:54:29 PM
 #34

Look at the Bitcoin network. Look at the clients. Then look at the source code. So many ways to manipulate the software with bugs that can be undetected from teh Bitcoin Network for intelligent bitcoin network programmers.

To save us wading through the source code in its entirety, could you link to the relevant bug reports?

No! I will not share my industry secrets in the failures of Bitcoin! As far as I know so far, it hasn't been documented... I may be wrong though!
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December 07, 2015, 05:59:26 PM
 #35

Look at the Bitcoin network. Look at the clients. Then look at the source code. So many ways to manipulate the software with bugs that can be undetected from teh Bitcoin Network for intelligent bitcoin network programmers.

To save us wading through the source code in its entirety, could you link to the relevant bug reports?

No! I will not share my industry secrets in the failures of Bitcoin! As far as I know so far, it hasn't been documented... I may be wrong though!

I'm sorry, I thought when you said...
Quote
...look at the source code. So many ways to manipulate the software with bugs that can be undetected from teh Bitcoin Network for intelligent bitcoin network programmers.
...that you were  talking about bugs that a developer would be able to locate, recognise as an issue, and potentially fix. If you're actually talking about <ahem> industrial secrets I won't bother trawling through the source code on the word of an anonymous internet dude. Thanks, I guess, for saving me and others the time.

For anyone who supports Bitcoin and the open source development process it uses, you can log bugs on the issue tracker.

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December 07, 2015, 06:10:02 PM
 #36

Let us calculate something, nowadays 10BTC costs around $4,000 to buy.

So the price should be x250 comparing with the actual price which is pretty impossible to think now.

The technology trend can make any surprise but in 15 years it's pretty hard or saying impossible to be millionaire with only 10BTC
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December 07, 2015, 06:16:13 PM
 #37

Well ... that's certainly a possibility if Bitcoin really gains momentum and gets a strong foothold in the financial world, but I guess that'll indeed be for the long term. Perhaps a scenario comparable with the internet; a technological niche around 1995 but global and a prominent phenomenom in the lives of billions in 2010. One could nowadays claim a faucet that could be worth a months salary in 2030.
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December 07, 2015, 06:50:31 PM
 #38

I am true lover of bitcoin but i doubt it to survive till 2030, as due to vast technological development we may see quantum computer pooping before that 2030. So no you will not be millionaire, you will be with nothing in hand by 30.

better to keep on using bitcoin than saving it for many years.

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December 07, 2015, 06:55:18 PM
 #39

i dont think each bitcoin will be worth 100,000 in like 15 years so you're prolly not becoming a millionaire. but im guessing ull still be pretty rich.

That's true even I believe Bitcoin might not reach the value of $100,000 but still can't predict because when it started we all know how much was bitcoins value when compared to USD but now it's vice versa. You are right even if people with 10 BTC cannot become a millionaire but they will be much richer when compared with others.

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December 07, 2015, 07:01:07 PM
 #40

if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire  Grin

No if 10btc makes someone a millionaire. Say $1,000,000 each then 100btc would still make them a millionaire won't it. OP no you will not be a millionaire with just 10btc in 2030 but that is obviously my opinion and you never know. 

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