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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41269 times)
phreaky
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May 23, 2016, 03:21:38 PM
 #461

10 bitcoins is way too low to achieve this in my opinion, I think it will be a way too low amount, you at least need 200 to do this in my opinion.
Another fact is that 2030 is maybe not even a very good year for the bitcoin..
richardsNY
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May 23, 2016, 03:24:50 PM
 #462

10 bitcoins is way too low to achieve this in my opinion, I think it will be a way too low amount, you at least need 200 to do this in my opinion.
Another fact is that 2030 is maybe not even a very good year for the bitcoin..

200 Bitcoins means that the price has to go up at least to $5000 per coin which is not a bad target for 2030. We don't know if Bitcoin by that time is still the leading digital currency or that it doesn't exist anymore. One thing is sure: Bitcoin will be worth a lot or ends up being forgotten and thus worth next to nothing.
Dr.Osh
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May 23, 2016, 05:00:13 PM
 #463

Well, 10 BTC may be too little to make you into a millionaire in 2030. perhaps you could add more numbers according to your abilities. more importantly, continue to pursue the ideals that you become rich, maybe in 2030 you only had 10 BTC, but at that time you also have become millionaires. Essentially, we just have to try to collect bitcoin from now

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Doubletrade
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May 23, 2016, 05:02:06 PM
 #464

10 btc or millionaire thats impossible to believe in 2030 and the price of bitcoin is always depends in demand and supply..
Shinpako09
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May 24, 2016, 06:09:23 AM
 #465

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.
Cyaren
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May 24, 2016, 07:56:55 AM
 #466

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.

No, it is not actually. It is very possible in my opinion because the OP is measuring the value of his coins in fiat currency. As we all know by now, fiat currencies degrade and inflate over time when governments over print them to fund expenditures for war or stuff like that.

Bitcoin is indeed a very good long term investment, I'd agree with you on that. And 15 years is pretty long term for me. The price going to $100k in 15 years is not impossible, instead possible or even probable. Just look at how far we have come during those 7 years since bitcoin's founding.
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May 24, 2016, 04:29:40 PM
 #467

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.

It depends on the usage of the bitcoin by general public. If there are 100 million people using it, the price could be $1m.

michietn94
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May 24, 2016, 04:34:48 PM
 #468

If I answer it for now, surely that you will be a millionaire since bitcoin will reach halving in less than 45 days

I can feel bitcoin's value atmosphere getting increase by seeing crowded transaction traffic recently !

But still bitcoin is unpredictable currency as you already know the risk !

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DavidoAlto
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May 25, 2016, 08:30:05 AM
 #469

With 10 Bitoins I do not believe that you are going to be a millionaire with only 10 bitcoins you will have to earn more then that. That means in order for you to become a millionaire the Bitcoin price has to be 100,000 per Bitcoin thatb is not going to happen.
Sandroxa
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May 25, 2016, 02:11:04 PM
 #470

I do really believe in bitcoin that this is a long term investment. But I dont think that you will become millionaire by 2030 with only 10btc. Your likely saying that the price would be $100k per 1btc by that time. Sorry but the price you predicted is nearly impossible.

It depends on the usage of the bitcoin by general public. If there are 100 million people using it, the price could be $1m.
That is a lot of Bitcoin but you need to know that it can takes a long time until the value will be more worth and I dont think that it would be possible for you that you can be a millionaire.
Because the price is rising slowly and not that fast so that have to change and must rise for a long time.
Mr.grin
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May 25, 2016, 04:20:10 PM
 #471

With 10 Bitoins I do not believe that you are going to be a millionaire with only 10 bitcoins you will have to earn more then that. That means in order for you to become a millionaire the Bitcoin price has to be 100,000 per Bitcoin thatb is not going to happen.
true, but it would not be possible. the price was very high, and may bitcoin will not get prices like that. 10 bitcoin will not be enough to make you rich, so much competition in the world, even where you live, so it took from 10 BTC to make you a millionaire
RhodaGila
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May 25, 2016, 04:32:05 PM
 #472

In 2030 only with 10 BTC? I think it will not make you richer. You do not count the number of rising costs and prices would certainly not be the same as now, so gather again more bitcoin
SanaButt
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May 25, 2016, 05:22:51 PM
 #473

Yes in this time if you save 10 Btc for your future 2030, you can say that you will be millionaire, but in that time millionaire is not a big amount, because currency value will be count. 2030 you mean after 14 years later, most of currencies value will not be same.     

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zimmah
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May 25, 2016, 07:47:28 PM
 #474

There is a god chance that you will have money in 2030 but becoming a millionaire is impossible to attain in just 10btc alone you will need to add more bitcoin in your stash so that you can become a millionaire.
Yeah having 10btw won't make you a millionaire, make some good investments and grow your coins, if it goes well you more possibilities to become a millionaire in 2030. If not keep on trying you can achieve it within another 5 to 10 years.

i'd be very surprised if by 2030 even 1 bitcoin wouldn't be worth a million dollars. (compared to current dollar value)

you guys are underestimating bitcoin by a lot
Newcoins2020
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May 26, 2016, 07:52:23 AM
 #475

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 that is really true than everyone who have 10 bitcoin in the future will just be a millionaire and just retire.
Why work if you have that money. I think in year 2030 bitcoin will just be around 5K - 10K dollars.
But we now that 10 coins is not going to be enough to become a millionaire in the future you will need allot more then that. I do not know what the price is going to be in 2030 because we still have 14 more years to go.
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May 30, 2016, 09:10:23 AM
 #476

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 that is really true than everyone who have 10 bitcoin in the future will just be a millionaire and just retire.
Why work if you have that money. I think in year 2030 bitcoin will just be around 5K - 10K dollars.
But we now that 10 coins is not going to be enough to become a millionaire in the future you will need allot more then that. I do not know what the price is going to be in 2030 because we still have 14 more years to go.

It depends on the usage of the bitcoin. When it is more widely used by the people in the world, it is just a matter of time to reach $100,000.

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May 30, 2016, 09:59:31 AM
 #477

if with just 10BTC can make you become a millionaire , what about people who own 1000BTC? i think they'll be a quillionaire  Grin
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.
I dont think that will happen soon and that is because it takes a long time until the value will be that high so it will be also better if you are selling it on the right moment.
And we have to stay realistic and dont dream you will need a lot of more coins if you want to be a millionaire.
FruitBucket
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May 31, 2016, 07:25:27 AM
 #478

There are very few people use the bitcoin at the moment, if the user increase by 10 folds, the price will rise 100 folds.

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May 31, 2016, 09:19:26 AM
 #479

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.
zalucia
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June 02, 2016, 07:18:06 AM
 #480

I think that you will need allot more coins then just ten if you want be a millionaire in the future. I suggest that you invest in allot more coins if you want to go for that chance to become a millionaire.

It depends on the mass adoption of the bitcoin. The more people use it, the higher the price. So $1 million is possible.

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