Nahl
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November 12, 2016, 12:46:18 PM |
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To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
millionare need a lot of fiat to do so and if only needed at least 200 bitcoin to be a millionare in 5 years you must hoping the price could be reach $10000 for each bitcoin and from now to 5 years i have to says impossible to see bitcoin hit to those price and 200 bitcoin still less to be a millionare
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tabas
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November 12, 2016, 01:43:53 PM |
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To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
millionare need a lot of fiat to do so and if only needed at least 200 bitcoin to be a millionare in 5 years you must hoping the price could be reach $10000 for each bitcoin and from now to 5 years i have to says impossible to see bitcoin hit to those price and 200 bitcoin still less to be a millionare I think 200 bitcoin is not enough to make you a millionaire and for 5 years I don't think the price of bitcoin will reach $10,000. Let's assume that the price of bitcoin after 5 years will be $3,000. I guess 300-500 bitcoin is already enough to make yourself a bitcoin millionaire. But the question is how would you able to get that quantity?
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X-ray
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November 12, 2016, 02:01:39 PM |
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To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
millionare need a lot of fiat to do so and if only needed at least 200 bitcoin to be a millionare in 5 years you must hoping the price could be reach $10000 for each bitcoin and from now to 5 years i have to says impossible to see bitcoin hit to those price and 200 bitcoin still less to be a millionare price rising about 11x in 5 years is just too good to be true if it was from my opinion because honestly even gold which was states as a rare thing is still can't rising that far for its price especially bitcoin and if in 5 years there wil be released a digital money technology which even better than bitcoin it will become another problem for bitcoin to prevent its price from increasing
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carlfebz2
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November 12, 2016, 02:24:25 PM |
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I choose more than 1000 btc because bitcoin could possibly reach $1000/btc which means if i do have 1000 btc then when that time comes i would for sure a bitcoin millionaire but well we dont posses soo much bitcoin as of now because we are not early adopters on it and dont have the capability of buying even more bitcoins on current price. Its reality though.
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raven7886
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November 12, 2016, 02:27:59 PM |
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I think 200 bitcoin is not enough to make you a millionaire and for 5 years I don't think the price of bitcoin will reach $10,000. Let's assume that the price of bitcoin after 5 years will be $3,000. I guess 300-500 bitcoin is already enough to make yourself a bitcoin millionaire.
I am just speculating bitcoins prices to reach $10,000 levels in next five years so just 100 bitcoins will be more than enough as per my analysis. Bitcoin is known for wild rallies so it may reach beyond $10k levels also within the period of 5 years. But the question is how would you able to get that quantity?
That must be the biggest challenge in chasing our dream of becoming millionaire. But, I feel there will not be any wrong in dreaming big. One day, our dream will become real if we work hard also our dream will push us to innovate new ideas to reach our goals.
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Doamader
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November 12, 2016, 04:34:57 PM |
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Being realistic is something i do have pleasure to be, soo next halving at 2020, soo price should reach atleast 1000 dollars, with that for me 300 bitcoins would make me a milionaire, even knowing that there are great projects as augur and zcash and megaupload project that can easy make price raise maybe around 30-50% more above the 1000 dollars.
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Pwerd
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November 12, 2016, 05:19:29 PM |
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We cannot really know this to be honest because the price is important from the bitcoin and the price in about 5 years can be very low but also very high so we cannot predict this at all right now.
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Aamir1
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November 12, 2016, 05:33:30 PM |
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We cannot really know this to be honest because the price is important from the bitcoin and the price in about 5 years can be very low but also very high so we cannot predict this at all right now.
Though no one can predict the exact thing if what will happen in future but still we can do our prediction according to what we think, and what i think is that we would probably need 100-500 bitcoins even after 5 years to be a fiat millionaire as i feel the price would surely grow but it would not grow too high as what others might think.
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Qunenin
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November 13, 2016, 07:53:47 AM |
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First of all, it depend on bitcoin price, if bitcoin price continuously rising than no problem to make millionaire. And also it depend on your bitcoin number, I mean who many bitcoins you have it and how can you use it and earn a huge amount from it. But in my view, should have 500 to 1000 bitcoins need to make millionaire within 5 years.
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Shiroslullaby
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November 13, 2016, 07:55:22 AM |
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1000 x $1000 = 1 million. So that's my vote. 5 years from now I can see the price of BTC being in the $1000-1200 range.
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irsykes
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November 13, 2016, 09:27:28 AM |
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25-50 maybe , but who don't know what will happen in future bitcoin price will be so high or maybe crash
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ronaldo40
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November 13, 2016, 10:12:46 AM |
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we still need a lot around 500-1000 BTC to become a millionaire. because in my opinion, the price is hard to rise very high above $5k. we might be able to predict the price of bitcoin will always be in the range of $1k-$2k to the highest point.
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transabox
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November 13, 2016, 10:55:46 AM |
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we still need a lot around 500-1000 BTC to become a millionaire. because in my opinion, the price is hard to rise very high above $5k. we might be able to predict the price of bitcoin will always be in the range of $1k-$2k to the highest point.
I also think that this will be enough. But there is no guarantee, no one can guess what will Bitcoin. We can only wait
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Betwrong
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I stand with Ukraine.
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November 13, 2016, 11:10:54 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
Voted 100-500 because I really think that it's pretty possible that in 5 years Bitcoin will be around $10,000. I'm not saying it will happen soon. In fact I'm almost sure it won't happen in 2 years. But in 5 years many things could change and one of those things is Bitcoin's adoption. The price will rise due to higher adoption, the only question is how much will it rise?
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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Wandering Soul~
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Wolf
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November 13, 2016, 03:34:19 PM |
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No one knows what the price will be so just to be safe, I think you need more than a thousand bitcoins in order to be a millionaire.
But it is without a doubt that bitcoins price will exceed our expectations in the near future.
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Dudeperfect
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November 13, 2016, 03:43:13 PM |
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To be honest we can get almost as number of predictions as much as the number of Bitcointalk community members. I personally think that 1,000 BTC is enough to become a millionaire as far as period of next 5 years is concerned. We will see many people around us will be using bitcoin along with other crypto currencies and thus it would bring dramatic impact on the price of bitcoin.
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talkbitcoin
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All I know is that I know nothing.
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November 13, 2016, 03:54:34 PM |
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some speculations about this time frame which is 5 years say that bitcoin price will be around 4 to 5 thousand dollars and that is the speculation that i mostly agree with because of the way bitcoin has been rising.
so if we say price is $5000 then to be a millionaire you have to at least have a couple of mil, in that case you need more than 1000BTC to begin to be a millionaire.
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chesatochi
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November 14, 2016, 05:12:59 PM |
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some speculations about this time frame which is 5 years say that bitcoin price will be around 4 to 5 thousand dollars and that is the speculation that i mostly agree with because of the way bitcoin has been rising.
so if we say price is $5000 then to be a millionaire you have to at least have a couple of mil, in that case you need more than 1000BTC to begin to be a millionaire.
I think if the price reach 5000$ for each bitcoin in 5 years you will you get at least 1000 into your wallet. You will be 5 times millionaires . That would be very cool if the price can reach that price, but only the time will tell, no one can truly predict the price. I have hope that the Bitcoin will have a bright and strong future.
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Barbut
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November 14, 2016, 06:24:07 PM |
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Reasonable is too assume that price will be between 1000 and 2000 $ for 5 years. After that calculation is simple, between 500 and 1000 bitcoins will make someone a fiat millionaire. That is a safe bet in my gambler opinion, only surprise can be that price goes above 2000 $ in 5 years, well halving is for 4 who knows what can happen for 5.
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BitcoinPanther
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November 15, 2016, 02:51:42 AM |
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Assuming the price of bitcoin reached 2000 USD in the next 5 years. Doing the math for 1m USD then ($2000/1BTC)*(xBTC/$1000000) =2000x/1000000 = 500 BTC. So I think we need 500 BTC to be able to have 1 million USD in the next 5 years which I think very possible for BTC to reach 2000 USD due to adoption, update and upgrades of BTC.
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