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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41297 times)
gregyoung14
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February 22, 2016, 04:06:33 PM
 #321

I think this will not happen, you need a lot more bitcoins to do that, also the bitcoin will maybe not even exists anymore in that year.
If you ask me I think the bitcoin will disappear and there will come another currency for its place.

I beg to differ. Bitcoin will still stand its ground. The idea here is people have invested too much already on Bitcoin it will be a waste to just let it go. Plus a lot of people is already following on it.
zalucia
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February 22, 2016, 09:35:01 PM
 #322

I think this will not happen, you need a lot more bitcoins to do that, also the bitcoin will maybe not even exists anymore in that year.
If you ask me I think the bitcoin will disappear and there will come another currency for its place.

I beg to differ. Bitcoin will still stand its ground. The idea here is people have invested too much already on Bitcoin it will be a waste to just let it go. Plus a lot of people is already following on it.

The network of followers is very big. If the user number increaser from 1 million to 10 million, the bitcoin price will be $40,000.

bakingbad
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February 22, 2016, 09:43:54 PM
 #323

most probably not, you would need bitcoin to reach the huge heights in order to become a millionaire, i dont think that it is possible
damiano
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February 22, 2016, 09:51:00 PM
 #324

most probably not, you would need bitcoin to reach the huge heights in order to become a millionaire, i dont think that it is possible

If we want to be exact we would need Bitcoin to reach $100,000 to hit just a million so lets assume we're needing the price to go to at least $150,000 to spend a little and still have more than a million. I hate to be the bearer of bad news but it won't be happening in an economy that is the way it is at present. And, by 2030 the dollar maybe inflated that much a million is nowhere near where it is today. That is saying a lot. Lets settle for 10 Bitcoin being worth 10 Bitcoin?
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February 22, 2016, 10:16:11 PM
 #325

Keep your imagination,  and do something that will help bitcoin grow.
No matter in which year you could be a millionaire with bitcoin! Just put some faith!

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techgeek
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February 23, 2016, 12:43:19 AM
 #326

most probably not, you would need bitcoin to reach the huge heights in order to become a millionaire, i dont think that it is possible

I have a different approach on being rich.

So relying on effortless work and depending on some coin to become a millionaire just means poor planning.. unless you already rake in a ton of coins like being a private investor at primedice, or something else know on this forum.

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February 23, 2016, 02:22:05 AM
 #327

2030. about 14 years. I thought the price of bitcoin will not stir too much maybe the price will only touch $1500
10 btc = $15000
not yet
actmyname
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February 23, 2016, 02:28:50 AM
 #328

To be a millionaire by 2030, the price of a single bitcoin would have to have risen to $100,000 USD (I assume you're in the United States, and typically people are using the dollar a lot to discuss the prices) and that's a pretty high amount. I have to doubt the possibility of that. 14 years of time is definitely not enough to push the price by 227x its current amount. That right there is a 22700% increase over 14 years. Unless there's some magic uprising or a seriously large amount of people investing an even larger amount of money into bitcoins, the price cannot rise by that amount.

My input.

Quarknet
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February 23, 2016, 01:52:45 PM
 #329

2030. about 14 years. I thought the price of bitcoin will not stir too much maybe the price will only touch $1500
10 btc = $15000
not yet

The price will be $1000 this year easily after the halving. If you think the price will double every 2 years, that will be 128 times of present price, or $128,000 each.
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February 23, 2016, 03:17:19 PM
 #330

If the demand of buyers will inflate in a huge amount just like 10% of global population will be enough to make the price of bitcoin go really high.

zalucia
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February 23, 2016, 07:50:58 PM
 #331

2030. about 14 years. I thought the price of bitcoin will not stir too much maybe the price will only touch $1500
10 btc = $15000
not yet

The price will be $1000 this year easily after the halving. If you think the price will double every 2 years, that will be 128 times of present price, or $128,000 each.

So 10 bitcoin will make you a millionaire.

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February 28, 2016, 03:36:18 PM
 #332

2030. about 14 years. I thought the price of bitcoin will not stir too much maybe the price will only touch $1500
10 btc = $15000
not yet

The price will be $1000 this year easily after the halving. If you think the price will double every 2 years, that will be 128 times of present price, or $128,000 each.

So 10 bitcoin will make you a millionaire.

I will try my best to accumulate 10 bitcoin within 2 years. The first 5 bitcoin might be easy to get. I have to pay more for the next 5 coins.
Red-Apple
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February 28, 2016, 04:56:35 PM
 #333

2030. about 14 years. I thought the price of bitcoin will not stir too much maybe the price will only touch $1500
10 btc = $15000
not yet

The price will be $1000 this year easily after the halving. If you think the price will double every 2 years, that will be 128 times of present price, or $128,000 each.

So 10 bitcoin will make you a millionaire.

I will try my best to accumulate 10 bitcoin within 2 years. The first 5 bitcoin might be easy to get. I have to pay more for the next 5 coins.

you should buy it.
10BTC is around $4200, you might buy half of it for around $2000 and try to work with those in order to earn profit on them.

you can do things like investing, lending loans, trading and some more for profit.

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February 29, 2016, 11:30:31 AM
 #334

2030. about 14 years. I thought the price of bitcoin will not stir too much maybe the price will only touch $1500
10 btc = $15000
not yet

The price will be $1000 this year easily after the halving. If you think the price will double every 2 years, that will be 128 times of present price, or $128,000 each.

So 10 bitcoin will make you a millionaire.

I will try my best to accumulate 10 bitcoin within 2 years. The first 5 bitcoin might be easy to get. I have to pay more for the next 5 coins.

you should buy it.
10BTC is around $4200, you might buy half of it for around $2000 and try to work with those in order to earn profit on them.

you can do things like investing, lending loans, trading and some more for profit.
You never know what can happen and that is not good. I hope that more people will also use Bitcoin.
And that they can also have some more profit. It is hard to predict the value and that is quite risky.
randy8777
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February 29, 2016, 03:07:20 PM
 #335

2030. about 14 years. I thought the price of bitcoin will not stir too much maybe the price will only touch $1500
10 btc = $15000
not yet

The price will be $1000 this year easily after the halving. If you think the price will double every 2 years, that will be 128 times of present price, or $128,000 each.

So 10 bitcoin will make you a millionaire.

I will try my best to accumulate 10 bitcoin within 2 years. The first 5 bitcoin might be easy to get. I have to pay more for the next 5 coins.

anything can happen in 2 years time. right now is the best moment to scoop up as many bitcoins as possible. the longer you wait the higher the price will be. if accumulating 10 bitcoins is too much for you, then just set yourself a more realistic target amount. start with 2 bitcoins and work your way up. i buy every month $100 worth of bitcoin and directly send it to my cold wallet. good way to increase your coin count.
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February 29, 2016, 03:26:10 PM
 #336

Anything might happen, Sometimes you might a millionaire, sometimes you might not be getting a single earning from the bitcoin investment. So everything is decided based on the value of bitcoin. Lets wait and see how its growing to predict the 2030.

MaritiJames3
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February 29, 2016, 03:35:28 PM
 #337

Anything might happen, Sometimes you might a millionaire, sometimes you might not be getting a single earning from the bitcoin investment. So everything is decided based on the value of bitcoin. Lets wait and see how its growing to predict the 2030.

No I disagree this will not happen with the point that the bitcoin can go to a high amount but its pretty unpreditable, and ask yourself this question : will the bitcoin still exist in 2030 that is even not to predict so I think it will not happen also due the point its not a high number of bitcoins you are having.

I think that you can be rich because of it but not a millionaire.
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February 29, 2016, 04:03:34 PM
 #338

You will be millionaire if the value of bitcoin reach 10k value but depends in your country.. If  you are in us you can't be millionaire for 10btc.
So if it will happen in the future its better to collect more bitcoins beore 2030... so that i will be a millionair in the future..

Decided to end it with zer0 profit.
Hashminers
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February 29, 2016, 04:14:47 PM
 #339

You will be millionaire if the value of bitcoin reach 10k value but depends in your country.. If  you are in us you can't be millionaire for 10btc.
So if it will happen in the future its better to collect more bitcoins beore 2030... so that i will be a millionair in the future..

This will not happen its not realistic what you are saying the bitcoin is now unstable and it will never reach to such a high amount to be a millionaire with only 10 btc, I do not believe this.

I think you can get rich but not a millionaire its not realistic and also its to far  away to even predict.
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February 29, 2016, 08:55:28 PM
 #340

I am confused why a lot of people are wanting to become a millionaire just by bitcoin trading.
Bitcoin is not here to make new millionaires. The ones that did were lucky.

The main goal is to create a safe and anonymous payment environment.
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