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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41269 times)
CoinsRoyal
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December 08, 2015, 12:41:53 PM
 #61

Well if that happens than I would be very happy with my 0.05 Bitcoin than Cheesy
Well trying to get more as asson as possible, because I am sure the price of bitcoin will just increase later.
InsideBjorn
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December 08, 2015, 12:46:22 PM
 #62

if this is coming true I am glad that I start doing bitcoin this year.
Maybe I will get lucky in 10 years.
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December 08, 2015, 12:49:07 PM
 #63

BTW 1BTC = $100k means that Bitcoin marketcap would be around $1.9-2 trillion. US GDP is $17 trillion and World GDP is $75 trillion, so it's not a crazy estimate.

Do you really think Bitcoins will reach $100k in 2030???
If it reaches even 1/10th of that, we must feel lucky...
As after 5 years, the %s of increments are lowered a lot, and $100k is a very high target...

italianobitcoin
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December 08, 2015, 01:06:10 PM
 #64

This is going to depend on how much the bitcoin will be worth in 2030, I believe that around that time 1 bitcoin will be worth somewhere in the 10.000.
You can never know with bitcoin though, it just depends on how many people will adapt, the more demand the higher the price will increase.
AtheistAKASaneBrain
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December 08, 2015, 04:28:45 PM
 #65

BTW 1BTC = $100k means that Bitcoin marketcap would be around $1.9-2 trillion. US GDP is $17 trillion and World GDP is $75 trillion, so it's not a crazy estimate.

Do you really think Bitcoins will reach $100k in 2030???
If it reaches even 1/10th of that, we must feel lucky...
As after 5 years, the %s of increments are lowered a lot, and $100k is a very high target...

Bitcoin marketcap is tiny. You have to look at the potential growth and the potential growth is insanely high. Bitcoin marketcap is not even 2 figures on the billions right now, it's just ridiculously undervalued. Consider gold's marketcap, fiat marketcap, stock marketcap, silver marketcap, and random under the table cash that is not even stated... a small money of all those sectors in Bitcoin = 100K per Bitcoin.
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December 08, 2015, 05:07:16 PM
 #66

BTW 1BTC = $100k means that Bitcoin marketcap would be around $1.9-2 trillion. US GDP is $17 trillion and World GDP is $75 trillion, so it's not a crazy estimate.

Do you really think Bitcoins will reach $100k in 2030???
If it reaches even 1/10th of that, we must feel lucky...
As after 5 years, the %s of increments are lowered a lot, and $100k is a very high target...

Bitcoin marketcap is tiny. You have to look at the potential growth and the potential growth is insanely high. Bitcoin marketcap is not even 2 figures on the billions right now, it's just ridiculously undervalued. Consider gold's marketcap, fiat marketcap, stock marketcap, silver marketcap, and random under the table cash that is not even stated... a small money of all those sectors in Bitcoin = 100K per Bitcoin.
If we'd get 1% of those market caps one coin would be worth around 10k. There was a nice site with sliders to calculate the future value of bitcoin with existing markets. However it was shut down for some reason.

As for OP I think he should live a pretty comfortable life in the future.


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December 08, 2015, 05:27:38 PM
 #67

Id be happy to see 100k a coin but without being delusional i cant see that ever happening. if we make 1 k id be pretty happy but still not rich Sad

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December 08, 2015, 05:39:43 PM
 #68

BTW 1BTC = $100k means that Bitcoin marketcap would be around $1.9-2 trillion. US GDP is $17 trillion and World GDP is $75 trillion, so it's not a crazy estimate.

You are right.
Long back itself I have read in CoinDesk articles, the market cap are just numbers and more flexible with what ever price a commodity achieve, the financial world just take those numbers to compare any other things.
So, any price is possible for bitcoin value.
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December 08, 2015, 06:23:44 PM
 #69

Id be happy to see 100k a coin but without being delusional i cant see that ever happening. if we make 1 k id be pretty happy but still not rich Sad

based on this possibility everyone should hold 1 btc for a very long time, just to see if we can reach 100k one day

i know i will hold at least a small portion of my amount, just in case those crazy value will come, well i think at that point we are going to utilize bitcoin directly so the value will no matter much anymore....
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December 08, 2015, 06:46:37 PM
 #70

No OP...with 10 BTC, you will be a millionaire by 2130! Grin
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December 08, 2015, 07:05:30 PM
 #71

BTW 1BTC = $100k means that Bitcoin marketcap would be around $1.9-2 trillion. US GDP is $17 trillion and World GDP is $75 trillion, so it's not a crazy estimate.

You are right.
Long back itself I have read in CoinDesk articles, the market cap are just numbers and more flexible with what ever price a commodity achieve, the financial world just take those numbers to compare any other things.
So, any price is possible for bitcoin value.

Exactly. And let's not forget that one of the most popular sayings in the Bitcoin world is that by its 20th birthday we will either be rich or have nothing  Grin

Under construction.
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December 08, 2015, 07:44:53 PM
 #72

It's mostly not possible as it is not enouogh to make you millionaire, maybe multiplying it by 100 - 1000x then in this case maybe by 2030.
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December 08, 2015, 08:27:42 PM
 #73

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

They wouldn't even register on the top 100 richest people.. but okay.
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December 08, 2015, 08:30:11 PM
 #74

same thing can be said about the first person owning 10,000 btc when it started.


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December 08, 2015, 08:33:14 PM
 #75

It can go both ways of course, it can be valued at practically nothing or become a joke or it rise as high as 100k as many said, even more (not so sure about that but there's also a small chance there). If you are really serious and devoted (10 BTC is enough and a big sum) you can try to get 21 BTC like many others do.
CannedFish
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December 08, 2015, 09:44:05 PM
 #76

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

Yes, they will
But like any other tech... The people who were first to realise the potential are going to gain the most.... But btc is still relatively cheap and undervalued at this time


The only comparison I can make is the people who invested in apple  /Microsoft etc  or similar before it took off


There is still a huge advantage at this price but the price is being watched by the big dogs, rest assured, the price will  still rise exponentially

If you don't use or hold any btc, you will miss out but I don't need to say this to the people who already know, just the people who say they  "missed the train " etc

Imo the train is still here and anyone who doesn't acquire a %  if their classic asset will lose big.... The only difference is in 2013 max.... Was unexpected

The next rise will still make millionaires, they're is more important things at play now

Don't believe then don't buy..... Up2u


But plz don't cry of this is the last time we see $400§ for a full btc and you didn't buy any....


....


Sometimes I wish I bought that pizza for 10,000BTC lol.
Nimbulan
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December 08, 2015, 09:49:43 PM
 #77

its most definitely possible in my opinion in order for this to happen bitcoin has to be at about 100000 each so its achievable in 14 years for sure as it will evolve much more and the community will be way bigger then so i hope i will have a lot more money too

 
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December 08, 2015, 09:58:17 PM
 #78

BTW 1BTC = $100k means that Bitcoin marketcap would be around $1.9-2 trillion. US GDP is $17 trillion and World GDP is $75 trillion, so it's not a crazy estimate.

Do you really think Bitcoins will reach $100k in 2030???
If it reaches even 1/10th of that, we must feel lucky...
As after 5 years, the %s of increments are lowered a lot, and $100k is a very high target...

May I recommend you the following website?!
http://worldbitcoinnetwork.com/BitcoinPriceModel-Alpha.html

May I recommend you the following video?!
Title: Bitcoin 101 - Modelling the Price of Bitcoin - Is a $100,000 bitcoin possible?
https://www.youtube.com/watch?v=g2nXgK34HIM

As AtheistAKASaneBrain has already mentioned, Bitcoin has HUGE potential in several markets and still is compared to each of them very very tiny!
$100k is a lot and for now seems to be impossible to reach.
But I believe it is possible. And think a bit outside of the box and try to imagine what Bitcoin and blockchain apps might make possible and available, what we can't even think about right now!
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December 08, 2015, 10:35:03 PM
 #79

Id be happy to see 100k a coin but without being delusional i cant see that ever happening. if we make 1 k id be pretty happy but still not rich Sad

If Bitcoin would reach its true potential and to do so it needs to solve its limitations, I see it being possible to reach these prices one day. This technology is truly groundbreaking with so much potential!

Also we have a lot of smart people working on solving Bitcoin problems and we will attract even more brain power as time passes. So why wouldn't we reach these prices one day?
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December 08, 2015, 10:38:42 PM
 #80

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

yeah I like the quillionaire Cheesy because also people with small quantities can be just a bit with more cash than "days before".

but I read from some months same discussions about price that "will go up" Cheesy ... maybe one day Cheesy I think can reach good price for all!
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