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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41297 times)
upsidedown75
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June 02, 2016, 08:29:34 AM
 #481

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.
Yes, when more people are adopting bitcoin then higher prices for bitcoin is possible.

At the same time, only the higher prices will attract more people to adopt bitcoin. So, we can expect both mass adoptions and higher prices of bitcoin will happen side-by-side.
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June 02, 2016, 09:28:48 AM
 #482

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 not because I believe that you will need allot more Bitcoin then that. 10 bitcoins is not nearly enough to become rich from so you need to find a way to earn allot more bitcoins.
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June 02, 2016, 10:19:05 AM
 #483

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 not because I believe that you will need allot more Bitcoin then that. 10 bitcoins is not nearly enough to become rich from so you need to find a way to earn allot more bitcoins.
yeah 10 bitcoin will never be a millionaire, but if you think prices in 2030 will be $100,000, well.  I would say it could be a millionaire. but in fact it is clearly not possible. 100 BTC may at least be able to become a millionaire in 2030
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June 04, 2016, 06:48:30 AM
 #484

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 not because I believe that you will need allot more Bitcoin then that. 10 bitcoins is not nearly enough to become rich from so you need to find a way to earn allot more bitcoins.
yeah 10 bitcoin will never be a millionaire, but if you think prices in 2030 will be $100,000, well.  I would say it could be a millionaire. but in fact it is clearly not possible. 100 BTC may at least be able to become a millionaire in 2030

$100,000 is just 200 times of present value. I believe the price will rise 60% a year in the next 20 years.
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June 04, 2016, 06:55:03 AM
 #485

you can never become a millionaire just by having 10 BTC.

even with the way bitcoin price is moving forward and the big rise with 10BTC you will need at least $100,000 just to have 1 million dollar and 1 mil doesn't make anybody millionaire. and price will never get there.

although if you trade bitcoin in the meantime you can earn a lot more money and if you get really into it you can become a millionaire with the profit.

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June 04, 2016, 07:04:59 AM
 #486

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

What do you guys think?

Definitely sir. By 2030, bitcoin prices will not even matter anymore. The currency will be so inflated that no one will use it anymore, and everyone will switch to the infinitely better alternative - bitcoin.

1 Satoshi for a million dollars is also possible, but if that happens, there is seriously no point for measuring anything in fiat currency.
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June 04, 2016, 06:57:33 PM
 #487

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 time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.
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June 04, 2016, 07:10:01 PM
 #488

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 time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.

That is if the price will rise, which can't be guaranteed now or ever. It's just a hope that the price will go that high.
My guess is that the price of bitcoin will rise over time, but never above the 3k.
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June 04, 2016, 08:45:20 PM
 #489

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 time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.

That is if the price will rise, which can't be guaranteed now or ever. It's just a hope that the price will go that high.
My guess is that the price of bitcoin will rise over time, but never above the 3k.

The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.
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June 05, 2016, 08:58:39 AM
 #490

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 time scale. If it is 10 years, you need 100 bitcoin, if it is 20 years, you just need 10.

That is if the price will rise, which can't be guaranteed now or ever. It's just a hope that the price will go that high.
My guess is that the price of bitcoin will rise over time, but never above the 3k.

The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.

I think the price of the bitcoin will be around $200.000 in 10 years, so 5 bitcoin will make you a millionaire.
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June 05, 2016, 09:02:01 AM
 #491


The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.
Well said, that's too minimal amount to be a millionaire ,a 50-80btc maybe to become a millionaire to hold until 2030 .more likely price is doubled about r-4 years block halving.

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June 05, 2016, 09:03:38 AM
 #492


The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.
Well said, that's too minimal amount to be a millionaire ,a 50-80btc maybe to become a millionaire to hold until 2030 .more likely price is doubled about r-4 years block halving.

2030 is a long way away.
Those who bought in 2011 had no idea that Bitcoin would rally so much in 2013.
We are all just playing blind here.


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June 05, 2016, 09:09:01 AM
 #493


The price will likely rise in the coming years but having 10 bitcoin will not make you a millionaire. Nor will 50 bitcoins make you a millionaire. Sure you can cash quite a good amount of money. But there is no such thing as an easy money with bitcoin anymore.
Well said, that's too minimal amount to be a millionaire ,a 50-80btc maybe to become a millionaire to hold until 2030 .more likely price is doubled about r-4 years block halving.

2030 is a long way away.
Those who bought in 2011 had no idea that Bitcoin would rally so much in 2013.
We are all just playing blind here.

I have 6 btc, hoping I'll be rich soon. But if each of us become a millionare, that would most probably mean that one million dollars would be worth maybe 100k in current value.
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June 05, 2016, 09:16:47 AM
 #494

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

What do you guys think?

I think you will at least be a millionaire, if not a billionaire. Simply because the fiat currencies will tumble down very soon and bitcoin will take over as the major currency instead.

But because of that there is literally no point in measuring anything in fiat anymore. But yes, your millionaire dream will come true.
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June 05, 2016, 07:47:18 PM
 #495

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

What do you guys think?

well we can't 100% predict what will happen in such a large amount of time like 16 years, but to be milionaire with 10 bitcoins their price have to be very large and bitcoins have to be very popular

but if bitcoin's price won't fall in this time and it's popularity will rise only then i really think that you can be very rich with 10 bitcoins only in 2030, we should wait and we will see

 
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June 06, 2016, 09:44:31 AM
 #496

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.
I dont think that it will be possible and you can even see now that the value of the Bitcoin is rising slowly but it wont rise to that high or it wont also even jump.
The most are hoping that the value will be higher soon because it was to stable for a long time so you cant do anything.
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June 06, 2016, 11:45:16 AM
 #497

No I think that you will need more Bitcoins then only ten, I am not sure how much you will need but I say that you at least need 1000 if you want to become a millionaire in the future.
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June 06, 2016, 07:34:10 PM
 #498

No I think that you will need more Bitcoins then only ten, I am not sure how much you will need but I say that you at least need 1000 if you want to become a millionaire in the future.

2030 is 14 years away from now. In the past 7 years, the price more than double every year on average. If it continue to do so, it will be more than 1 million each.

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June 06, 2016, 07:41:31 PM
 #499

if you start a good business with 10 BTC, and then expand it gradually then i am sure that in 2030 you will be a wealthy person.
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June 06, 2016, 07:50:37 PM
 #500

100.000 $ 14 years ago are 1M now?
So... dont, im sorry

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