10 BTC. Will I be a millionaire by 2030?

[safari88]

You will need 1000btc in 2030 to be called a millionare, no one knows what would be the price of it when that year comes.
So by now start collecting bitcoins and save it for 14 years.

yes you are right, no one can predict 10 BTC will become a millionaire in 2030 because it takes a high price in the future.
if you believe that someone says 10 BTC will become a millionaire in 2030, and this would be bad for you in the future, when you only hold 10 BTC, and when the price is not too high. so better to at least have 100 BTC to become a millionaire in 2030.

[abugseuf]

You will need 1000btc in 2030 to be called a millionare, no one knows what would be the price of it when that year comes.
So by now start collecting bitcoins and save it for 14 years.

Do you mean the bitcoin price will be $1000 in 2030? I think the price of bitcoin can be $1000 next year.

but i am expecting that the price of bitcoin will cross 1200$ at the end of 2016 very easily. and may be cross 1500$ in 2017. so if in person is not millinion in 2030 but will financially too good.

[MingLee]

You will need 1000btc in 2030 to be called a millionare, no one knows what would be the price of it when that year comes.
So by now start collecting bitcoins and save it for 14 years.

Do you mean the bitcoin price will be $1000 in 2030? I think the price of bitcoin can be $1000 next year.

but i am expecting that the price of bitcoin will cross 1200$ at the end of 2016 very easily. and may be cross 1500$ in 2017. so if in person is not millinion in 2030 but will financially too good.

I'm seriously doubting that Bitcoin will cross the $1,000 mark before the end of this year, I'm thinking it will likely take until next year assuming that there isn't a dump like what happened with 2014/2015 and the trend continues upwards in a month or two. Bitcoin could very well have the potential to go and make a ton of value over the upcoming 5 months, but I'm not convinced by the market yet.

[PsursV]

it is totally depending on the price and value of bitcoin in 2030. but my personal view is that it is not possible. because if the price of bitcoin is increasing to such a high level then it is not possible for average person to buy it and do trade in bitcoin. therefore bitcoin will become worthless at that stage.

[Hugroll]

well i doubt bitcoin is going to hit $100,000 in 14 years, so you probably wont be a millionaire. but i think if you manage to get 100btc you would have a pretty good chance considering all the halfings that are going to happen.

[w00t]

I posted it elsewhere already but I guess it might be a good idea to post it here as well:

• Every single week I hear news that we are moving towards the cashless society. As far as I know the closest thing to cash is not gold or silver it's BTC for it's perfect divisibility and ease of transportation.
• With negative interests already in place in more and more countries the only way how to escape this extra tax in place is through cash, cash is about to be banned - see point #1
• USD M0 supply (M0 = bank notes and coins) is about 4 trillion USD, 1 million BTC is lost (or at least will never be traded) -> 4 trillion/20million and there you go 200k USD per 1 BTC is now easy. This is USD only, imagine if they go "cashless" in EU or some another country, you're easily at 500k USD per 1 BTC.
• A lot people is storing value in gold, valuing it close to 8 Trillion USD total as of today, simply because they don't know any better or are "scared" of anything else. Do your own calculation but speculating half of it will go to BTC there is another 4 Trillion market cap for you (+200k USD per 1BTC value). Once the ice will start moving and we go "cashless" gold can be easily pumped to 20 Trillion before they realize that they bet on the wrong horse.

Feel free to say I'm wrong, but say why I'm wrong. If you say "it's not possible" without giving a reason you look silly to say the least.

Edit: To make my prediction complete - I expect all this happen before year 2030 (going cashless). Therefore predicting 1BTC to be worth 1 Million USD (in today's prices) in next 14 years or less.

Sources:
http://www.tradingeconomics.com/united-states/money-supply-m0
http://onlygold.com/Info/All-The-Gold-In-The-World.asp

[romero121]

Anything could happen with bitcoin, none is sure what happens in the long run or short run. We can make predictions based upon the growth experienced in accordance to time. On such belief one with 10btc becoming a millionaire by 2030 is hard, because more adoption can be expected within 2030. This will keep price to be stable after certain price.

[dumpida]

well i doubt bitcoin is going to hit $100,000 in 14 years, so you probably wont be a millionaire. but i think if you manage to get 100btc you would have a pretty good chance considering all the halfings that are going to happen.

If the bitcoin price doubles every two years, the price will be 128 times of the current value, so the price could be $80,000 each.

[dunfida]

2030 is too far away  and we cant say if bitcoin still there and exist. As we can the the growth development in bitcoin last 7 years  you can see the price rose up  how many times since it existed. Therefore we can assume that it would happen the same in the future years to come since the trend i going up even though sometimes  it  goes down then goes up  again.

[FruitBucket]

2030 is too far away  and we cant say if bitcoin still there and exist. As we can the the growth development in bitcoin last 7 years  you can see the price rose up  how many times since it existed. Therefore we can assume that it would happen the same in the future years to come since the trend i going up even though sometimes  it  goes down then goes up  again.

I think in 10 years, the bitcoin price will be at least 100 to 500 folds of the current value if there is good adoption.

[Sanguintan]

2030 is too far away  and we cant say if bitcoin still there and exist. As we can the the growth development in bitcoin last 7 years  you can see the price rose up  how many times since it existed. Therefore we can assume that it would happen the same in the future years to come since the trend i going up even though sometimes  it  goes down then goes up  again.

I think in 10 years, the bitcoin price will be at least 100 to 500 folds of the current value if there is good adoption.

If the past performance is a guide, then 500 times increase is possible. But the it is more likely to be 100 times.

[Quarknet]

2030 is too far away  and we cant say if bitcoin still there and exist. As we can the the growth development in bitcoin last 7 years  you can see the price rose up  how many times since it existed. Therefore we can assume that it would happen the same in the future years to come since the trend i going up even though sometimes  it  goes down then goes up  again.

I think in 10 years, the bitcoin price will be at least 100 to 500 folds of the current value if there is good adoption.

If the past performance is a guide, then 500 times increase is possible. But the it is more likely to be 100 times.

In the last three years, the price of bitcoin has risen 8 times, that is double every year. It might behave similarly in the future.

[noictib]

after  2030 to reach you will be rich if you have hold 10 btc .
after some year not btc will be created and due to this the rate will increase more sharply . so i think the rate of btc in 2030 will atleast 2000$/btc.

[iqlimasyadiqa]

It could happen. by looking at the movement of bitcoin today we can predict that in the future bitcoin can reach high prices.
especially in 2030, maybe bitcoin could have prices many times higher than now.

[Sanguintan]

It could happen. by looking at the movement of bitcoin today we can predict that in the future bitcoin can reach high prices.
especially in 2030, maybe bitcoin could have prices many times higher than now.

I think there are more than 150 million rich people use the bitcoin on a daily basis, the price could be in million dollars.

[FruitBucket]

It could happen. by looking at the movement of bitcoin today we can predict that in the future bitcoin can reach high prices.
especially in 2030, maybe bitcoin could have prices many times higher than now.

I think there are more than 150 million rich people use the bitcoin on a daily basis, the price could be in million dollars.

That could be right. If more than 150 million people, similar number to the US rich population, the price will be high.