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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41297 times)
iv4n
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February 05, 2016, 07:44:30 PM
 #241

100 BTC? 0.00000001 BTC? Nah... extremes are not for me.

What do you guys think?

No way man, too early for your dreams. Maybe we are talking here about 2070.. if btc survive until then, if world survive until then.
Steady rise is the best rise. This is to optimistic, if something like this can happen then its good to sell everything u have and buy btc...to good to be real.

I hope for 1000 $ in next few years, but not just to reach it also to stay on it!

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rtrtcrypto
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February 05, 2016, 08:38:54 PM
 #242

It's not about optimism. You either think that the protocol will have an astronomical value by 2030 or that it will have almost NO value - price will be something along those lines. Either massive price or close to zero. There is no scenario in which BTC can stay around a few hundred of a few thousand dollars in 2030 - either there is massive adoption or the protocol will be insecure at low valuations.

If people don't get this, then they don't understand how the code works and how the protocol will scale over time (or they don't believe it CAN scale). If you don't think it can scale or don't think it will be adopted, you must sell - because you are saying you think the price will trend towards zero.

If not 100,000 (which = massive adoption on a world wide scale), then at least well over 10,000 is more or less NEEDED. I think the "winner" in this space will have a market cap of trillions, so, yes, I am optimistic about the future of some crypto system. I hope BTC is that system.





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.
Sandroxa
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February 05, 2016, 08:41:20 PM
 #243

Becoming a millionare with 10 BTC, I don't think so.
Maybe you will triple your money. But no way you will become a millionaire.
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February 05, 2016, 09:00:19 PM
 #244

I don't think so, but I believe one thing. In future people who doesn't own a bitcoin may consider people with few number of bitcoins as rich person. These days itself someone joining new to bitcoin think people already here were very rich seeing the price of bitcoin.

rtrtcrypto
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February 05, 2016, 09:30:44 PM
 #245

These are the kinds of quotes I'm talking about... lol. Triple your money in 2030? LOL. You just don't understand what you've invested into (if you invested at all). Period.


Becoming a millionare with 10 BTC, I don't think so.
Maybe you will triple your money. But no way you will become a millionaire.
popovicbit
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February 05, 2016, 09:34:38 PM
 #246

These are the kinds of quotes I'm talking about... lol. Triple your money in 2030? LOL. You just don't understand what you've invested into (if you invested at all). Period.


Becoming a millionare with 10 BTC, I don't think so.
Maybe you will triple your money. But no way you will become a millionaire.

Lol...I totally agree. Either btc in 16 years is worth WAY more than 3 times what it is now or there was a serious problem along the way.
Moneyburner
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February 05, 2016, 09:37:48 PM
 #247

I would venture to believe no, as that would be 100k a coin. Outlook is slim for that in 15 years

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futureofbitcoin
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February 05, 2016, 09:41:10 PM
 #248

It's not about optimism. You either think that the protocol will have an astronomical value by 2030 or that it will have almost NO value - price will be something along those lines. Either massive price or close to zero. There is no scenario in which BTC can stay around a few hundred of a few thousand dollars in 2030 - either there is massive adoption or the protocol will be insecure at low valuations.

If people don't get this, then they don't understand how the code works and how the protocol will scale over time (or they don't believe it CAN scale). If you don't think it can scale or don't think it will be adopted, you must sell - because you are saying you think the price will trend towards zero.

If not 100,000 (which = massive adoption on a world wide scale), then at least well over 10,000 is more or less NEEDED. I think the "winner" in this space will have a market cap of trillions, so, yes, I am optimistic about the future of some crypto system. I hope BTC is that system.





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.

It's amazing how delusioal idiots think that they are the ones who are "realistic".

And it's so freaking sad how many idiots there are in this sub-forum. I come here every time hoping for insightful comments, only to be bombarded by a bunch of idiots who are hoping bitcoin goes up by about 5% in 50 years. I must be a masochist.

rtrtcrypto
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February 05, 2016, 09:49:04 PM
 #249

Humans don't deal well with exponentials... most people don't understand how these types of networks scale (if they ever do) and what that means to the value of the system in question.

The question is really - WILL BTC SURVIVE or NOT.

If answer = yes / PRICE = gigantic

If answer = no / PRICE = trend towards zero

The % that you place on the above should tell you how much you should risk in today's Dollars.

I think we are getting close to 50-50% that BTC will survive long term. I make investments accordingly.
If someone else thinks the number is 10%, then invest accordingly; if another thinks 95% then, invest accordingly.

So on and so forth.

Lastly, most people on these forums have much less than 1 bitcoin total.


It's not about optimism. You either think that the protocol will have an astronomical value by 2030 or that it will have almost NO value - price will be something along those lines. Either massive price or close to zero. There is no scenario in which BTC can stay around a few hundred of a few thousand dollars in 2030 - either there is massive adoption or the protocol will be insecure at low valuations.

If people don't get this, then they don't understand how the code works and how the protocol will scale over time (or they don't believe it CAN scale). If you don't think it can scale or don't think it will be adopted, you must sell - because you are saying you think the price will trend towards zero.

If not 100,000 (which = massive adoption on a world wide scale), then at least well over 10,000 is more or less NEEDED. I think the "winner" in this space will have a market cap of trillions, so, yes, I am optimistic about the future of some crypto system. I hope BTC is that system.





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.

It's amazing how delusioal idiots think that they are the ones who are "realistic".

And it's so freaking sad how many idiots there are in this sub-forum. I come here every time hoping for insightful comments, only to be bombarded by a bunch of idiots who are hoping bitcoin goes up by about 5% in 50 years. I must be a masochist.


DrLove2048
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February 05, 2016, 10:00:51 PM
 #250

Yes you will absolutely be a millionaire by 2030. If not come and find me and I'll make up the difference  Roll Eyes

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quadriple7
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February 06, 2016, 05:19:15 PM
 #251

its 50% to 50% chance we can all just predict for the best.
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February 06, 2016, 06:00:25 PM
 #252

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.

iwasneverhere
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February 06, 2016, 06:16:18 PM
 #253

I doubt it will ever get to 1000 again. My bet is that will always hover arround 300 to 400 and spike to 1000 once in while. Last spike was to 500.
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February 06, 2016, 09:40:15 PM
 #254

I doubt it will ever get to 1000 again. My bet is that will always hover arround 300 to 400 and spike to 1000 once in while. Last spike was to 500.

Yeah honestly I don't see the price going back to 1200 again.
reaching 600 can be called a miracle.
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February 07, 2016, 06:04:03 AM
 #255

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.
At that time there might be many modifications made to bitcoin is adopt the change in volume.
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February 07, 2016, 10:13:40 AM
 #256

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.
At that time there might be many modifications made to bitcoin is adopt the change in volume.

That is true. But the value of bitcoin will still be determined by the total adoption. So I think its value will increase.

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February 07, 2016, 10:37:30 AM
 #257

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.
At that time there might be many modifications made to bitcoin is adopt the change in volume.

That is true. But the value of bitcoin will still be determined by the total adoption. So I think its value will increase.
Yeah the value always needs to be determined the the adaption rate of bitcoin and I think many will adopt it in the coming future.
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February 07, 2016, 12:41:53 PM
 #258

That's too far ahead to tell really. If BTC survives up to that time, it is probable that 10 BTC will be worth a great ammount.

true will it be worth million or only 100000$ in both cases will be great amount for some to retire and for some to invest in future



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February 07, 2016, 02:11:19 PM
 #259

i thinmk yes you will be millionaire in the future so keep holding your bitcoin until the price reach above 10k usd per btc.
I hope it will happen the near future...
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February 07, 2016, 02:34:11 PM
 #260

maybe if you believe to bitcoin and bitcoin still can survive who knows many new millionaire in 2030 but for me 10 btc is not much. you need keep a lot bitcoin if you want to be a millionaire in 2020

Yes indeed, I think the bitcoin will not survive till 2030.
Yes the bitcoin is the future currency but there will come many more.
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