MingLee
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April 26, 2016, 04:25:03 AM |
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we are getting closer to the big rises but i am still not convinced that you can become a millionaire only with 10BTC. cause that would require a huge rise
It's assuming Bitcoin will hit $100,000 per Bitcoin, and I highly doubt that we'll see that point within our life spans. I can maybe see it hitting $100,000 towards the mid 2100s, but definitely not before then.
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Herbert2020
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April 26, 2016, 04:39:49 AM |
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we are getting closer to the big rises but i am still not convinced that you can become a millionaire only with 10BTC. cause that would require a huge rise
It's assuming Bitcoin will hit $100,000 per Bitcoin, and I highly doubt that we'll see that point within our life spans. I can maybe see it hitting $100,000 towards the mid 2100s, but definitely not before then. it seems like yesterday when the bitcoin price was low and you could easily buy 10 bitcoin with $2000 now look where we are it is nearly 2.5 times more. price will rise in no time and maybe in about 5 more years we can see the real high value of bitcoin and maybe with 50 BTC we could become millionaires.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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btcltccoins
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April 26, 2016, 06:48:14 AM |
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100 BTC? 0.00000001 BTC? Nah... extremes are not for me.
What do you guys think?
Yes you are right, because of now bitcoin will grow up, i don't think that bitcoin will come at 100$, so think good if you save your bitcoin till 2030, than may be you are millionaire. but it all depend on bitcoin's future.
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Dr.Osh
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April 26, 2016, 07:08:26 AM |
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100 BTC? 0.00000001 BTC? Nah... extremes are not for me.
What do you guys think?
Yes you are right, because of now bitcoin will grow up, i don't think that bitcoin will come at 100$, so think good if you save your bitcoin till 2030, than may be you are millionaire. but it all depend on bitcoin's future. I hope so too. we need many bitcoin to become a millionaire by the time it arrived, so it might be wise to keep bitcoin we have for 2030, as we could have become a millionaire when that year arrived
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phreaky
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April 26, 2016, 08:00:53 AM |
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No that means that the price has to be so high, I do not think that that will happen with just 10 Bitcoins. I cannot predict what the price will be in 2030 but I think that you will need allot more Bitcoins if you want to become a millionaire.
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romero121
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April 26, 2016, 08:10:17 AM |
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No that means that the price has to be so high, I do not think that that will happen with just 10 Bitcoins. I cannot predict what the price will be in 2030 but I think that you will need allot more Bitcoins if you want to become a millionaire.
Price needs to be very high. If that happens surely the term millionaire goes valueless as we can see a lot millionaires roaming.
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LMGTFY
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April 26, 2016, 08:25:51 AM |
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Price needs to be very high. If that happens surely the term millionaire goes valueless as we can see a lot millionaires roaming.
By that reasoning, the term should already be valueless - lots of people mined thousands of BTC in the early days. People will sell as price rises, just as they have done in the past. They'll sell to buy pizza, to pay their bills, or simply because they don't believe price can go much higher. But they will sell. A few lucky and sensible people will hold - but they will be in the minority, just as they were in the past.
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Altcoinsupporter
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April 26, 2016, 08:35:30 AM |
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Nobody will know know what there will happen with Bitcoin and the bad thing is that it can be also risky because you dont know sometimes what to do and that is the problem. Maybe it would be also more worth in the future and that you can sell it with some nice profit, but you cant be a millionaire with only just some 10 BTC.
The chance is really small if that is going to happen so you have just now only to wait and see for what is going to happen.
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zalucia
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April 28, 2016, 10:30:36 AM |
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Price needs to be very high. If that happens surely the term millionaire goes valueless as we can see a lot millionaires roaming.
By that reasoning, the term should already be valueless - lots of people mined thousands of BTC in the early days. People will sell as price rises, just as they have done in the past. They'll sell to buy pizza, to pay their bills, or simply because they don't believe price can go much higher. But they will sell. A few lucky and sensible people will hold - but they will be in the minority, just as they were in the past. The early miners will sell to make a living. The later adopters will buy the bitcoin and use it. So it is neutral.
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Washika
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May 12, 2016, 07:39:47 PM |
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2030 is just 14 years from now. The price might not rise that fast. But if the adoption accelerates, it might happen.
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Fofofolo
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May 13, 2016, 08:30:22 AM |
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we are getting closer to the big rises but i am still not convinced that you can become a millionaire only with 10BTC. cause that would require a huge rise
It's assuming Bitcoin will hit $100,000 per Bitcoin, and I highly doubt that we'll see that point within our life spans. I can maybe see it hitting $100,000 towards the mid 2100s, but definitely not before then. I dont think so that it is possible because there are a lot of people that is hoping that they can earn in this year some profit and that is because they already waited a long time. But now there must be a time to rise otherwise they will get mad and not everyone have the patience to wait such a long time until the value will be high.
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avw1982
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May 13, 2016, 10:00:54 AM |
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I dont think so that it is possible because there are a lot of people that is hoping that they can earn in this year some profit and that is because they already waited a long time. But now there must be a time to rise otherwise they will get mad and not everyone have the patience to wait such a long time until the value will be high.
Its purely depends on how much bitcoin will be worth at that time. The market of bitcoin is very unpredictable. We can't really say how much the value will be by that time. Bitcoin could hit 10k in a couple of years at the same time, if it does hit it will go back down. It's not stable at all.
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zalucia
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May 14, 2016, 06:16:39 AM |
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I dont think so that it is possible because there are a lot of people that is hoping that they can earn in this year some profit and that is because they already waited a long time. But now there must be a time to rise otherwise they will get mad and not everyone have the patience to wait such a long time until the value will be high.
Its purely depends on how much bitcoin will be worth at that time. The market of bitcoin is very unpredictable. We can't really say how much the value will be by that time. Bitcoin could hit 10k in a couple of years at the same time, if it does hit it will go back down. It's not stable at all. That is right. The bitcoin could be $10,000 in 5 to 10 years, but for it to be $100,000, it will take many more years.
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UngratefulTony
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May 14, 2016, 06:27:17 AM |
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I don't see why not? Mewn me, buddy. Proost.
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xht
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hey you, yeah you, fuck you!!!
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May 14, 2016, 06:29:08 AM |
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2030 is just 14 years from now. The price might not rise that fast. But if the adoption accelerates, it might happen.
Maybe the prices will soar high in 14 years from now it all depends on whether halving the closest now will make bitcoin prices up high or not.
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cricketkhampion
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May 14, 2016, 06:30:36 AM |
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10 BTC is a small amount . For millionaire you need 1000BTC
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Marbit
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May 14, 2016, 07:17:37 AM |
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I dont think so that it is possible because there are a lot of people that is hoping that they can earn in this year some profit and that is because they already waited a long time. But now there must be a time to rise otherwise they will get mad and not everyone have the patience to wait such a long time until the value will be high.
Its purely depends on how much bitcoin will be worth at that time. The market of bitcoin is very unpredictable. We can't really say how much the value will be by that time. Bitcoin could hit 10k in a couple of years at the same time, if it does hit it will go back down. It's not stable at all. That is right. The bitcoin could be $10,000 in 5 to 10 years, but for it to be $100,000, it will take many more years. Yeah bitcoin worth will 10,000$ possible at the time of 2030 its enough not more then it and talking around 100,000$ its not possible because its price is rising up but slowly for that much it will take 100 years.
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Sanguintan
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May 19, 2016, 06:07:52 PM |
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10 BTC is a small amount . For millionaire you need 1000BTC
In 2030, the bitcoin will be at least 100,000 each, you just need 10 bitcoin to be a dollar millionaire.
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zalucia
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May 23, 2016, 02:26:27 PM |
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10 BTC is a small amount . For millionaire you need 1000BTC
In 2030, the bitcoin will be at least 100,000 each, you just need 10 bitcoin to be a dollar millionaire. That is 230 times price rise in 14 years or 47% a year compound growth. That can be achieved in the future.
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Icathia
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May 23, 2016, 03:17:05 PM |
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if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I think that you will need allot more Bitcoins then just 10 because that means that one Bitcoins needs to have the value of $100,000 and I do not see that happening.
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