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Author Topic: 10 BTC. Will I be a millionaire by 2030?  (Read 41273 times)
FruitBucket
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June 09, 2016, 08:06:41 AM
 #521

NO, you need arround 1000BTC to be millionare

The price will be around $1000, in the next 12 months. So you will be a millionaire within a year with 1000 coins.

I think in 5 to 10 years, even if you have just 100 bitcoin, you will be a millionaire in dollars. That is not very challenging.

I think the bitcoin price will be $10,000 in 2020. So if you have 100 bitcoin, you will be a dollar millionaire.

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June 09, 2016, 08:19:06 AM
 #522

That is hard to say,but the most people are thinking that the value will be not that high in 2030 but you never know what can happen, it can be nice if you can be a millionaire with only some 10 Bitcoins.
It will be better if you have some more coins to be for sure that you can make some more profit in the future.

I don't think that 10 btc can really make you millionarie by 2030 as I don't see it rising that high and if you want to be an millionaire then I think you should hold atleast 50 to 100 btc.
I also think that you will need more coins if you are serious about becoming a millionaire with Bitcoin. You will have to finds ways to earn Bitcoin so I wish you success.
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June 09, 2016, 08:28:19 AM
 #523

NO, you need arround 1000BTC to be millionare

The price will be around $1000, in the next 12 months. So you will be a millionaire within a year with 1000 coins.

Many people have large amount of bitcoins which they have preserved for future. Everyone hopes that it will going to increase and the rate drops are just trading fluctuations and most common for all commodities. So, it will be profitable if we save more bitcoins so do it as much wish!
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June 09, 2016, 08:53:07 AM
 #524

NO, you need arround 1000BTC to be millionare
absolutely right, if you have that much bitcoin in 2030 you will be a millionaire, but how you can generate that much bitcoin? it is still a mystery, but keep trying  Grin

you are right, in 2030 only that person will be millionaire, who has now 1000 BTC, but i m not that person, so its mean after 15 years bitcoin never make me millionaire. So sad.
But i believe no anyone here in bitcointalk who has now 1000 bitcoins, Can anyone tell me that he has ten thousand bitcoins?
Firstly, i tell you if i afford that amount of bitcoins, perhaps i will never take it because it is big amount,and it is clear no one have future grantee, actually i have only 10 bitcoins, and i have worried about it. So if i have 1000 bitcoins so i can't sleep for a long time.
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June 09, 2016, 10:38:08 AM
 #525

So 1 million divided by 10 BTC. The price has to be $100,000 each bitcoin. The timespan is long enough for me to safely to say that this kind of price level will be achieved by the time.

Simply because fiat currencies depreciate over time instead of appreciate. And bitcoin appreciates.
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June 09, 2016, 11:39:28 AM
 #526

So 1 million divided by 10 BTC. The price has to be $100,000 each bitcoin. The timespan is long enough for me to safely to say that this kind of price level will be achieved by the time.

Simply because fiat currencies depreciate over time instead of appreciate. And bitcoin appreciates.

if the price double on each halving it can double only other 3 times before 2030, this is not enough for 100k i think, but it can be enough for 10k, but with only 10 btc you will not be millionare

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June 09, 2016, 11:50:38 AM
 #527

So 1 million divided by 10 BTC. The price has to be $100,000 each bitcoin. The timespan is long enough for me to safely to say that this kind of price level will be achieved by the time.

Simply because fiat currencies depreciate over time instead of appreciate. And bitcoin appreciates.

if the price double on each halving it can double only other 3 times before 2030, this is not enough for 100k i think, but it can be enough for 10k, but with only 10 btc you will not be millionare

i believe that a lot of us who have invested in bitcoin always have this dream of becoming rich from out investment, or at least this dream of making a very big profit.

but i doubt if anybody who is logical enough thinks he can become a millionaire just by holding 10BTC, a simple math can prove such  a thing impossible.

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June 11, 2016, 06:55:36 AM
 #528

So 1 million divided by 10 BTC. The price has to be $100,000 each bitcoin. The timespan is long enough for me to safely to say that this kind of price level will be achieved by the time.

Simply because fiat currencies depreciate over time instead of appreciate. And bitcoin appreciates.

if the price double on each halving it can double only other 3 times before 2030, this is not enough for 100k i think, but it can be enough for 10k, but with only 10 btc you will not be millionare

i believe that a lot of us who have invested in bitcoin always have this dream of becoming rich from out investment, or at least this dream of making a very big profit.

but i doubt if anybody who is logical enough thinks he can become a millionaire just by holding 10BTC, a simple math can prove such  a thing impossible.

It is not possible to be a dollar millionaire in 10 years with 10 bitcoins. But it is very possible in 20 years.
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June 11, 2016, 07:00:46 AM
 #529

So 1 million divided by 10 BTC. The price has to be $100,000 each bitcoin. The timespan is long enough for me to safely to say that this kind of price level will be achieved by the time.

Simply because fiat currencies depreciate over time instead of appreciate. And bitcoin appreciates.

if the price double on each halving it can double only other 3 times before 2030, this is not enough for 100k i think, but it can be enough for 10k, but with only 10 btc you will not be millionare

i believe that a lot of us who have invested in bitcoin always have this dream of becoming rich from out investment, or at least this dream of making a very big profit.

but i doubt if anybody who is logical enough thinks he can become a millionaire just by holding 10BTC, a simple math can prove such  a thing impossible.

It is not possible to be a dollar millionaire in 10 years with 10 bitcoins. But it is very possible in 20 years.
It depends on the price of bitcoin.. even if you have only save 5 btc ,but price per bitcoin is 100000$ ,you can be a millionare,
But in the other hand,you save almost 1000$ btc  but the price is only 50$ ,,then its frustrating.
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June 14, 2016, 08:28:51 AM
 #530

So 1 million divided by 10 BTC. The price has to be $100,000 each bitcoin. The timespan is long enough for me to safely to say that this kind of price level will be achieved by the time.

Simply because fiat currencies depreciate over time instead of appreciate. And bitcoin appreciates.

if the price double on each halving it can double only other 3 times before 2030, this is not enough for 100k i think, but it can be enough for 10k, but with only 10 btc you will not be millionare

i believe that a lot of us who have invested in bitcoin always have this dream of becoming rich from out investment, or at least this dream of making a very big profit.

but i doubt if anybody who is logical enough thinks he can become a millionaire just by holding 10BTC, a simple math can prove such  a thing impossible.

It is not possible to be a dollar millionaire in 10 years with 10 bitcoins. But it is very possible in 20 years.
It depends on the price of bitcoin.. even if you have only save 5 btc ,but price per bitcoin is 100000$ ,you can be a millionare,
But in the other hand,you save almost 1000$ btc  but the price is only 50$ ,,then its frustrating.

I think the bitcoin price will be more likely to rise than to fall. It will be $1000 later this year, $2000 in 12 months.
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June 14, 2016, 01:56:47 PM
 #531

So 1 million divided by 10 BTC. The price has to be $100,000 each bitcoin. The timespan is long enough for me to safely to say that this kind of price level will be achieved by the time.

Simply because fiat currencies depreciate over time instead of appreciate. And bitcoin appreciates.

if the price double on each halving it can double only other 3 times before 2030, this is not enough for 100k i think, but it can be enough for 10k, but with only 10 btc you will not be millionare

i believe that a lot of us who have invested in bitcoin always have this dream of becoming rich from out investment, or at least this dream of making a very big profit.

but i doubt if anybody who is logical enough thinks he can become a millionaire just by holding 10BTC, a simple math can prove such  a thing impossible.

It is not possible to be a dollar millionaire in 10 years with 10 bitcoins. But it is very possible in 20 years.
It depends on the price of bitcoin.. even if you have only save 5 btc ,but price per bitcoin is 100000$ ,you can be a millionare,
But in the other hand,you save almost 1000$ btc  but the price is only 50$ ,,then its frustrating.

I think the bitcoin price will be more likely to rise than to fall. It will be $1000 later this year, $2000 in 12 months.

It is very possible. As long as we have more users of bitcoin in the future, the price will rise a lot.

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June 14, 2016, 02:39:37 PM
 #532

The value of Bitcoin will be not that high and that is because it will takes a longer time to rise that high and you dont even know what will ever happen later in the future and that is bad.
But it should be nice if that is possible but we have to stay realistic and that is important.

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June 14, 2016, 02:56:41 PM
 #533

I dont think.so,, the only matters in the year 2030 is bitcoin price ,even you have save a lot of btc ,but the orice is 1$ ,bitcoin will become worthless.
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June 15, 2016, 02:04:11 PM
 #534

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

What do you guys think?
No you will need more coins then just ten. Becoming a millionaire is not going to happen if you do not even have more bitcoins ten just ten of them.


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June 15, 2016, 02:16:37 PM
 #535

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

What do you guys think?
No you will need more coins then just ten. Becoming a millionaire is not going to happen if you do not even have more bitcoins ten just ten of them.

Yep. Ten coins won't do you any good. If anything that would just get you disappointed thinking you should have invested and saved more and gathered more than just 10 BTCs. If you are really committed to this, save more than what you have right now.

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June 15, 2016, 02:40:57 PM
 #536

I guess when prices reach $ 1000 and stabilize at that time, maybe you only have about $ 30,000 if you have 10 BTC in your wallet. Well this time, even if you had $ 30,000 I guess it can not be said to be a millionaire today, even in the year 2030. You may need more
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June 15, 2016, 03:07:13 PM
 #537

we are seeing a golden age of bitcoin which will only increase over time. but also the price will rise because of this situation with bitcoin.

but i don't think 10 bitcoin is ever enough to become a millionaire until 2030 or even ever with that much. you will require much mroe bitcoin for that.

Buying the dip...
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June 16, 2016, 01:19:59 PM
 #538

we are seeing a golden age of bitcoin which will only increase over time. but also the price will rise because of this situation with bitcoin.

but i don't think 10 bitcoin is ever enough to become a millionaire until 2030 or even ever with that much. you will require much mroe bitcoin for that.

I reckon the bitcoin price could be between $100,000 to 250,000 in 2030. So 10 bitcoin can make us live happily.

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June 16, 2016, 02:02:00 PM
 #539

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

What do you guys think?
I think that 10 Bitcoins is not enough for you to become a millionaire, lets say that you will need at least 100 of them. The chance then will be allot bigger.
It is also going to depend on the price because if the price is not high enough then you can have as many Bitcoins as you want.
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June 17, 2016, 06:29:14 AM
 #540

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

What do you guys think?
I think that 10 Bitcoins is not enough for you to become a millionaire, lets say that you will need at least 100 of them. The chance then will be allot bigger.
It is also going to depend on the price because if the price is not high enough then you can have as many Bitcoins as you want.

I think the bitcoin price in 2030 will be between $250,000 to $500,000 according to the recent price performance.
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