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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41297 times)
takingthis4
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March 02, 2016, 02:51:49 PM
 #341

it is possible, 15 years from now, you can be millionaire with 10 bitcoins only, price of bitcoin should be around 500 000$, which is possible y 2030, earlier no i think

 
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March 02, 2016, 03:04:33 PM
 #342

it is possible, 15 years from now, you can be millionaire with 10 bitcoins only, price of bitcoin should be around 500 000$, which is possible y 2030, earlier no i think

now 10bitcoin is only $4300 i doubt you can be billionare with 10btc
i think the price not reasonable to reach $500.000, i think only people with 100bitcoin can be millionare in future

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March 02, 2016, 03:09:03 PM
 #343

it is possible, 15 years from now, you can be millionaire with 10 bitcoins only, price of bitcoin should be around 500 000$, which is possible y 2030, earlier no i think

now 10bitcoin is only $4300 i doubt you can be billionare with 10btc
i think the price not reasonable to reach $500.000, i think only people with 100bitcoin can be millionare in future

To be a millionaire in fiat terms Bitcoin only needs to have a value of $10.000 when you hold 10 BTC.
That should be possible if Bitcoin succeeds.Question is how much purchasing power will these $10.000 have in years!
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March 02, 2016, 03:20:31 PM
 #344

it is possible, 15 years from now, you can be millionaire with 10 bitcoins only, price of bitcoin should be around 500 000$, which is possible y 2030, earlier no i think

now 10bitcoin is only $4300 i doubt you can be billionare with 10btc
i think the price not reasonable to reach $500.000, i think only people with 100bitcoin can be millionare in future

To be a millionaire in fiat terms Bitcoin only needs to have a value of $10.000 when you hold 10 BTC.
That should be possible if Bitcoin succeeds.Question is how much purchasing power will these $10.000 have in years!


You are right but I doubt this will work, I think a millionaire is far from what is gonna happen you can be rich because of the 10 bitcoins you have.
But you will never be a millionaire with only 10 bitcoins, I think this is not possible, its eve the question if the bitcoin than still exists.

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March 02, 2016, 03:20:39 PM
 #345

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

Lol! You are right. Those who own many BTC, they will gone mad of money. I think, me from now starting earning BTC and in 2030, i will have about 10BTC, so i will be very rich !  Grin
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March 06, 2016, 08:52:53 AM
 #346

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

Lol! You are right. Those who own many BTC, they will gone mad of money. I think, me from now starting earning BTC and in 2030, i will have about 10BTC, so i will be very rich !  Grin

We are the early adopters. So we should accumulate as many bitcoin as possible. We will all be millionaire at lest.
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March 06, 2016, 01:53:44 PM
 #347

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

Lol! You are right. Those who own many BTC, they will gone mad of money. I think, me from now starting earning BTC and in 2030, i will have about 10BTC, so i will be very rich !  Grin

Yeah, 10 btc is really good amount to hold, and if btc survives till 2030 then no doubt you can be a millionaire as the value of bitcoin would be at moon, so you can start counting days from now  Wink
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March 12, 2016, 02:59:28 PM
 #348

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

Lol! You are right. Those who own many BTC, they will gone mad of money. I think, me from now starting earning BTC and in 2030, i will have about 10BTC, so i will be very rich !  Grin

We are the early adopters. So we should accumulate as many bitcoin as possible. We will all be millionaire at lest.

If you can collect 100 bitcoins, you will definitely be a millionaire in 2030. The price will be more  than $10,000 then.

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March 12, 2016, 04:17:25 PM
 #349

Maybe you should raise your 10 btc to 100 btc. as I think one bitcoin may worth 10000 dollars in that time.
but it would be an extremely high risky investment as no one really know if bitcoin will be alive in 2030 or not :/
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March 13, 2016, 03:53:25 PM
 #350

Maybe you should raise your 10 btc to 100 btc. as I think one bitcoin may worth 10000 dollars in that time.
but it would be an extremely high risky investment as no one really know if bitcoin will be alive in 2030 or not :/

in this period we can expect to be on maybe 5 digits in price also it can stay at current level so who now how much it will worth in that time



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March 13, 2016, 05:33:03 PM
 #351

Maybe you should raise your 10 btc to 100 btc. as I think one bitcoin may worth 10000 dollars in that time.
but it would be an extremely high risky investment as no one really know if bitcoin will be alive in 2030 or not :/

In order to get the Bitcoin price to $10,000 there has to be a lot new money coming into the Bitcoin market. We need Wall Street level investors to enter the market to come even close to the $10,000 price level. If these wealthy guys don't enter the market, then forget about it. It will not happen then.
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March 13, 2016, 06:03:51 PM
 #352

I don't think having 10 bitcoin will make you a millionaire by the year 2030. The reason is that when adoption increases bitcoin price grows but after certain limit such growth will not continue.

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March 14, 2016, 10:58:17 AM
 #353

it is possible, 15 years from now, you can be millionaire with 10 bitcoins only, price of bitcoin should be around 500 000$, which is possible y 2030, earlier no i think

now 10bitcoin is only $4300 i doubt you can be billionare with 10btc
i think the price not reasonable to reach $500.000, i think only people with 100bitcoin can be millionare in future

To be a millionaire in fiat terms Bitcoin only needs to have a value of $10.000 when you hold 10 BTC.
That should be possible if Bitcoin succeeds.Question is how much purchasing power will these $10.000 have in years!

Its hard to say for what is going to happen with the value and Bitcoin. It is a currency and that is always changing and that is the problem.
But I dont think it will be possible with 10btc that you will be a millionaire in the future. But you never know.

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March 27, 2016, 08:44:23 AM
 #354

it is possible, 15 years from now, you can be millionaire with 10 bitcoins only, price of bitcoin should be around 500 000$, which is possible y 2030, earlier no i think

now 10bitcoin is only $4300 i doubt you can be billionare with 10btc
i think the price not reasonable to reach $500.000, i think only people with 100bitcoin can be millionare in future

To be a millionaire in fiat terms Bitcoin only needs to have a value of $10.000 when you hold 10 BTC.
That should be possible if Bitcoin succeeds.Question is how much purchasing power will these $10.000 have in years!

Its hard to say for what is going to happen with the value and Bitcoin. It is a currency and that is always changing and that is the problem.
But I dont think it will be possible with 10btc that you will be a millionaire in the future. But you never know.

2030 is 14 years from now. If the bitcoin price rise 50% a year, it will be $45,000 each. So 10 bitcoin is just 0.45 millioin.
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April 12, 2016, 10:25:16 AM
 #355

One hundred bitcoin is very huge amount of money dude. Yes you can be a millionaire by that. But if you live in my country. You can change that a lot of bitcoin to my local fiat and be a millionaire. So i wish in someday i also have that lol  Grin

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April 12, 2016, 11:07:32 AM
 #356

Depends on how the world economy pans out in the future doesnt it? I mean its impossible to say right now whether that will be enough

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April 12, 2016, 12:12:21 PM
 #357

One hundred bitcoin is very huge amount of money dude. Yes you can be a millionaire by that. But if you live in my country. You can change that a lot of bitcoin to my local fiat and be a millionaire. So i wish in someday i also have that lol  Grin

Well, that's obvious, with 100 bitcoin you can be a millionaire when the price hit $10,000, and maybe having a greater value in the other country... But OP wants to know that at 10 bitcoin is it possible to be a millionaire at 2030 and I think it won't happen...
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April 12, 2016, 01:40:54 PM
 #358

I guess by the time 2030 had 10 BTC can become a millionaire. but it has special requirements, ie bitcoin prices should be very high at that time, and the prices of all commodities and oil to be cheap. maybe you could be a millionaire

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April 12, 2016, 01:53:58 PM
 #359

That means that each bitcoin is worth $100,000. It can happen but I think that it would not happen. The chance is small that it would be that high. Let see and wait will will happen with in 5 years before we go to 2030.
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April 12, 2016, 02:17:41 PM
 #360

That means that each bitcoin is worth $100,000. It can happen but I think that it would not happen. The chance is small that it would be that high. Let see and wait will will happen with in 5 years before we go to 2030.
The chance is really small that it can happen, because then Bitcoin must rise a lot and that will not happen as you can see because it is now already even stable so that is bad.
It will take a really long time or it will be impossible to be a millionaire with only some 10 BTC.
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