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Ziskinberg
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October 24, 2016, 02:38:14 AM |
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Based on the survey as of this date, it is 1000 BTC or more. I also selected that figure since I believe in the next 5 years there will already be a substantial increase on the price of bitcoin like what happen this year alone. Everything is going to a positive way and to be honest I am more confident now than the past that my investment will give me more profit if I hold longer than 5 years.
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Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
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ethereumhunter
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October 24, 2016, 02:48:52 AM |
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i think 50-100 bitcoin is enough to makes me a fiat millionaire in 5 years but its depend on how much the price of bitcoin. if the price is in range $1,000 - $5,000 then i think it can makes me millionaire.
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JITENDERPAR3
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October 24, 2016, 03:19:20 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
in my opinion if we want became millionaire then we need to hold btc about 500-1000 btc . because we can't accurately define the price of btc per year but according to my thinking per year sure increase of 50$ this will result in better Profit for 500-1000 btc . in this way we can become a millionaire . |
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Mr. Big
Member
Global Moderator
Legendary
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Activity: 2310
Merit: 1176
While my guitar gently weeps!!!
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October 24, 2016, 03:30:54 AM |
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i think 50-100 bitcoin is enough to makes me a fiat millionaire in 5 years but its depend on how much the price of bitcoin. if the price is in range $1,000 - $5,000 then i think it can makes me millionaire.
If that price is reach, even at maximum of $5000, you are still half way there... I think you will need more than 100 bitcoins to be a millionaire after five years... I think for me I will need more than 1000 in five years, if the price stays the same, I am still half way and if the price reaches the price you predicted then I will have more than 1 million fiat after five years... I hope I could have atleast half of it which is very impossible...  |
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hajimasan
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October 24, 2016, 04:03:16 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
i think we need more than 1000 btc to hold in our bitcoin wallet to get profit in millions . the reason for such type of bulk holding is because we can't say surely whether how much doller per btc will increase in per year . for example in this year it jumps about double of its price but in other previous your conditions was different . do we need more than 1000 btc . |
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Doms
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October 24, 2016, 04:08:28 AM |
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Anything above the 1000 range would be the safe bet, because 5 years from now, it is hard to tell at what price bitcoin will be. If ever it reaches the $3000 range within that span of time, your bitcoin will net a you a cool $3M. Whether bitcoin hits that price by that time is another story since 5 years is a relatively short period of time.
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Junko
Legendary
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Activity: 1512
Merit: 1000
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October 24, 2016, 05:35:51 AM |
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In five years? I'd say at least 1.5K btc. Maybe a little more to pay taxes since you want to convert it to become a fiat millionaire.
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diegz
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October 24, 2016, 06:13:44 AM |
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As others said, I also need atleast 1000 bitcoin to be a millionaire in five years, there could be a good increase in price but I still prefer to have atleast 1000, who knows price might stay the same, atleast I am not too far from having a $1million in five years. Sad to say I can't make 1000 bitcoin in five years, not even 1/8 of it.
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bamboylee
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October 24, 2016, 06:51:02 AM |
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I bet for the price to reach between 1000 to 2000$ in the next five years. so I think 500 - 1000 BTC is enough to make me a millionaire. The question is if we can collect and hold that much in the next 5 years. It is near to impossible to me, but I think others can do it.
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Malutash
Newbie
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Activity: 9
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October 24, 2016, 07:03:03 AM |
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I bet for the price to reach between 1000 to 2000$ in the next five years. so I think 500 - 1000 BTC is enough to make me a millionaire. The question is if we can collect and hold that much in the next 5 years. It is near to impossible to me, but I think others can do it.
It is better to be more optismistic. The $1000 could be achieved in the middle of next year, $2000 is for 2018. |
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Farcoin12
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October 24, 2016, 07:12:38 AM |
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Well here in my country 60 to 100 btc is enough to hold for a long time because bitcoin price here are gold it is high enough and 80 btc yo u have 2 million already so if the price will increase more not only 2millioin plus you will get i think 5 million if we are lucky to hit even 1200 usd price..
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naidray
Legendary
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Activity: 1232
Merit: 1029
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October 24, 2016, 01:19:29 PM |
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I have voted for 100-500 bitcoins but i see many people voted for over 1000BTC because it depends on currency of that particular country.
But according to currency in my country you will be a millionarie for sure even with 2-3 bitcoins specially after 5 years when price of bitcoin would be more.
I will also go for the same amount as yours. Actually if I could get that amount, even before 5 years I can be very sure that I will use it for diversed investments that can yield very big returns for me which make me a big fiat millionaire. How I wish someone can just say take 500 bitcoins since that what you voted for, it will be like is this a magic or am I am just dreaming. |
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chixka000
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October 24, 2016, 01:43:28 PM |
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I honestly can't give my direct opinion for now yet,why? because there are a lot of factors that could affect the bitcoin economy and a .01 amount may give you a millions of $ but that certain 1000 btc also could only give you a hundreds of dollars and that does makes sense for me because a 5 year term is a long one tho.
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carlfebz2
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October 24, 2016, 01:44:47 PM |
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I have voted for 100-500 bitcoins but i see many people voted for over 1000BTC because it depends on currency of that particular country.
But according to currency in my country you will be a millionarie for sure even with 2-3 bitcoins specially after 5 years when price of bitcoin would be more.
I will also go for the same amount as yours. Actually if I could get that amount, even before 5 years I can be very sure that I will use it for diversed investments that can yield very big returns for me which make me a big fiat millionaire. How I wish someone can just say take 500 bitcoins since that what you voted for, it will be like is this a magic or am I am just dreaming. You are just dreaming though, who would able to posses such amount of bitcoin as you mentioned if you have then for sure you would be really a millionaire in upcoming 5 years, hence we already know that bitcoin would surely increase its price on those years but the question is how much bitcoin do you able to save up.? |
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Eroanwan
Member
Offline
Activity: 86
Merit: 10
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October 24, 2016, 01:50:28 PM |
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I dont think that the fiat can make people billionair becuas ei know for sure that lots of people are getting information about the bitcoin jujst becuase they want to make moneyu with it and not
such many momey becuase that is irrelevant.
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Doamader
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October 24, 2016, 07:48:06 PM |
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Well into 5 years we will be into the next halving price at 2020, with that said i do expect the price to reach 1000 dollars, besides that i do believe bitcoin will get a boost into the number of people around bitcoin community, soo into 5 years i do believe price will be around 1500 dollars, soo around 500-700 bitcoins would be enought to be milionaire.
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maydna
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October 25, 2016, 02:00:03 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
in my opinion if we want became millionaire then we need to hold btc about 500-1000 btc . because we can't accurately define the price of btc per year but according to my thinking per year sure increase of 50$ this will result in better Profit for 500-1000 btc . in this way we can become a millionaire . this is what i'm thinking too, because when the price is going to increase with just 500 btc, i think it will make me a millionaire, but if the price is suddenly drop, the amount of 1000 btc can covered and help from the inflasion of the money. i do believe that in 5 years later, bitcoin price will be increase and the price itself will be really high than now so while we are on here, i think better we collect more bitcoin and we can waiting for the good price to sell it. |
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madwica
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October 25, 2016, 02:58:57 AM |
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It will depends on the price of bitcoin on that time, we do not know if the price would go higher or it will remain what price today. I think we need just to collect more bitcoin as we can do not limit your time to work in bitcoin.
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J Gambler
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October 25, 2016, 04:02:12 AM |
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500 to 1000 bitcoin is enough to start business regarding bitcoin and buy and sell using bitcoin well this is really hard to earn 500 bitcoin to start with a capital and then stop when you really hit your goal as of now all i want to do is to work hard and then comeback when all are set this propbably the most happening in my life.
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Y U MAD AT ME
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ivan.daineko23
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October 25, 2016, 04:09:03 AM |
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It will depends on the price of bitcoin on that time, we do not know if the price would go higher or it will remain what price today. I think we need just to collect more bitcoin as we can do not limit your time to work in bitcoin.
it is right. Now you just need to collect Bitcoins and not spend on all sorts of stuff, which you can buy for Fiat. Personally, I now it seems that it will be enough 200-500 Bitcoin |
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Poll
