Newcoins2020
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January 27, 2016, 04:27:12 PM |
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I don't think you will be a millionaire. Times change. Bitcoin perhaps does not even exist anymore.
Or is there another method of payment, you never know. You can not go now predict.
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Herbert2020
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January 27, 2016, 04:50:29 PM |
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Its possible but I don't think it will happen, in 2030 there will be only digital currency's. I think the bitcoin will be dead in 2030 and there will stand up a other digital currency. The bitcoin will be worth much in the future but I think it will not hold till 2030.
It all depend on how the price getting increased over the coming years. By the year 2030 probably you and users owing 10btc will be millionaires. Even if there is not much growth we can experience a random growth with certain time gaps in order to have a one of million dollar, bitcoin price needs to go as high as $100,000 so if you want to call it a millionaire it needs to go 50 times more than that. it is hard to predict 15 years from now but i don't think bitcoin price can rise up to that much money. it sounds nearly ridiculous.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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makingwin1
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January 27, 2016, 07:07:18 PM |
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you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit
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FruitBucket
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January 31, 2016, 09:41:52 PM |
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you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit
It depends on the adoption of the bitcoin. If the bitcoin adoption increase from 1m users to 100 million users, the price could be $100,000 easily.
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asriloni
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February 03, 2016, 11:00:54 AM |
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you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit
It depends on the adoption of the bitcoin. If the bitcoin adoption increase from 1m users to 100 million users, the price could be $100,000 easily. The price of a mass product or a media company is related to the square of the users. So 10 times of user increase is equal to 100 times value increase.
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mtnsaa
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February 03, 2016, 10:31:08 PM |
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you will surely still not be a millionaire as 10 bitcoins will surely not be worth a tenth of a million in just a decade and a half, though it would be really cool i must admit
It depends on the adoption of the bitcoin. If the bitcoin adoption increase from 1m users to 100 million users, the price could be $100,000 easily. People are flocking to altcoins and other different projects. No common people will ever adopt Bitcoin that's actually quite clear right now after Hearn's statements, it's sad but true but he was right in many points. Unless Bitcoin can create some actual demand from the mainstream it will die and it will die soon. Right now it only exists because it's a gateway and bridge to other altcoins and projects plus it's an investment commodity but that won't hold for long in my opinion. I suggest you diversify your portfolio and get into new and upcoming projects in the crypto world.
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ajareselde
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February 03, 2016, 10:52:47 PM |
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I don't think you will be a millionaire. Times change. Bitcoin perhaps does not even exist anymore.
Or is there another method of payment, you never know. You can not go now predict.
There isn't really point in having anything else since bitcoin can be "modified" one day, if it becomes an imperative for it to change. Point is that decentralized money transfers are the future, just like everything else in similar branch, and bitcoin is the ultimate adaptable solution.
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BlackPanda
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February 03, 2016, 11:20:35 PM |
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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.
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mrhelpful
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February 04, 2016, 01:09:04 AM |
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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.
10 btc currently is only $3,704 are current rates. I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops.
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the_poet
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February 04, 2016, 01:22:12 AM |
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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.
10 btc currently is only $3,704 are current rates. I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops. Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000.
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Under construction.
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jt byte
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February 04, 2016, 02:18:32 PM |
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That would ever be touched. But I think frankly not. You never know namely what can happen. Bitcoin might exist at that time no longer whether it is really bad right with Bitcoin.
You can not know because it is unpredictable.
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Bitcoinbro
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February 04, 2016, 02:48:07 PM |
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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.
10 btc currently is only $3,704 are current rates. I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops. Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000. I do not see this happen, the bitcoin will be rise to a high number. It will rise but I don't think it will rise to such a high number. I think we just need to wait till its so far.
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hasiramasenju
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February 04, 2016, 03:12:52 PM |
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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.
i consider that 10 btc will not make you rich if we see with the current price because with 10 btc you even can not buy a new car with $3800 but nothing impossible in this world and might be 1 btc will reach to $10k in the future
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azguard
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February 05, 2016, 11:41:41 AM |
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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.
10 btc currently is only $3,704 are current rates. I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops. Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000. this can be achieved even sooner but there are lot of factor to decide we might seen that 10btc which is hard dont worth much also 10btc can be nice amount but we only have to wait for it
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rtrtcrypto
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February 05, 2016, 03:09:23 PM |
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If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.
With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.
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gkv9
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February 05, 2016, 07:04:19 PM |
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for now it looks like 10 BTC will not make you as milionare. 10 BTC currently making you rich. for 2030, 10 BTC will make you very rich.
10 btc currently is only $3,704 are current rates. I doubt this # will fold x10000 times, and if it does then it just means that theres a super high demand of bitcoin which can change overnight on price points if whatever happened to any of the major services for bitcoin stops. Why 10,000 times? It's much much less than you think. The value of BTC would need to fold about 270 times in order for 10 BTC to be worth $1,000,000. this can be achieved even sooner but there are lot of factor to decide we might seen that 10btc which is hard dont worth much also 10btc can be nice amount but we only have to wait for it It's not just hard, but very hard... But all I would say that nothing's impossible in this world to achieve and so, BTC does possess the possibility for it to reach at least 200 times the price it currently has...
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richardsNY
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February 05, 2016, 07:23:35 PM |
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If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.
With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.
You are way too optimistic. I can't think of a reason why some one will think in terms of $100,000 per coin while we still haven't seen the price touch $1000 or $10,000. It's nice dreaming and having a fantasy about what you like to see, but you also need to have at least some reality in mind.
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Ruzka
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February 05, 2016, 07:28:32 PM |
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If BTC is still alive (I think it will be) - then in 2030, usage should be such that the value of each unit (coin) is over 100,000 dollars. So, yes.
With 250,000,000 users or with a decent IoT utilization, the value would be astronomical.
You are way too optimistic. I can't think of a reason why some one will think in terms of $100,000 per coin while we still haven't seen the price touch $1000 or $10,000. It's nice dreaming and having a fantasy about what you like to see, but you also need to have at least some reality in mind. Many here on the forum are to optimistic wanting to become millionaires for holding ten coins give or take. It just is not happening and even if it did the people who was calling for it would have sold long before. I have 10btc in one paper wallet so can only hope I am wrong and it does make me a million, I won't hold my breath for it though.
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European Central Bank
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February 05, 2016, 07:30:27 PM |
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People are flocking to altcoins and other different projects.
Where can I see these people flocking? Why can't I spend anything other than bitcoin? Why do I need bitcoin to buy any of these other coins? We need regular folks. None of them are going to flock to something that is basically useless. There comes a time when technical fancy pants stuff is no longer relevant. Trust and usage overrules that. If bitcoin sorts its shit out then it's game over for most other things. It's all to play for in the next few years. $100,000 is attainable if it becomes a true global currency.
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dothebeats
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February 05, 2016, 07:31:57 PM |
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Honestly, if you want to be a millionaire by 2030, there are a lot of other investment opportunities you might take in order for your goal to be achieved. In bitcoin? I doubt it, but the potential of it having a huge value is strong. Maybe something around 30-50 btc would make you feel safe in achieving that goal of yours. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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