BitcoinPC
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December 26, 2016, 09:13:42 AM |
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Definitely, we need more than 1000 bitcoins to become rich and as you said millionaire within 5 years, But it depend on bitcoin price, if suddenly something wrong with bitcoin, I mean some bad incident would be happened with bitcoin, so definitely bitcoin price damage and it would be effect on bitcoin reputation and when reputation effect than its mean bitcoin down and down, and if we think good for bitcoin, than off course my best wishes always be with bitcoin.
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Denker
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Activity: 1442
Merit: 1014
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December 26, 2016, 11:05:42 AM |
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Let's assume Bitcoin will continue moving up and continue it's technolgical progress plus including a second layer for much more transactions happening than now, an ETF getting approved and some bigger money getting invested, I could imagine a price of $3000to $5000 per coin at the end of 2020 after the third halving. So to become a fiat millinaire you will need something between 333 to 200 coins!! However this is very optimistic scenario!We all know that some setbacks will/could happen which may delay or destroy the posibilities of that price ranges!
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Pattart
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December 26, 2016, 11:30:41 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
Let us be realistic for now so I would go for more than 1000 bitcoin based on its current value now. But, if the bitcoin continue to rise less than 1000 bitcoin would make you a millionaire in 5 years if you just hold your bitcoin and wait for it. That is why hold your bitcoin as much as you can before you feel sorry in coming years as I do. the higher the bitcoin price will be even richer we are in the future later. 1000 BTC at this time may be around $ 900,000. it is a very large amount. I can not imagine what will happen to you, if you are still holding 1000 BTC several years to come, I'm sure you'd be a billionaire
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millgates
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December 26, 2016, 02:47:38 PM |
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Definitely, we need more than 1000 bitcoins to become rich and as you said millionaire within 5 years, But it depend on bitcoin price, if suddenly something wrong with bitcoin, I mean some bad incident would be happened with bitcoin, so definitely bitcoin price damage and it would be effect on bitcoin reputation and when reputation effect than its mean bitcoin down and down, and if we think good for bitcoin, than off course my best wishes always be with bitcoin.
You know, if bitcoin get mass adoption the price will rise, may be until 4500% becouse of so many people in the world wants bitcoin. So many unemploye people, the bad condition of public economy also the bad economy issue in europe and china is the big factor for people to use bitcoin. So I think if bitcoin get mass adoption, only 10 bitcoin is enough to be millionaire of fiat.
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BALIK
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December 26, 2016, 03:39:52 PM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
I've only earned in trading, signature campaign, and some tasks online, I don't think that I can make a million dollars in 5 years only in bitcoin? maybe if I have a stable income but I think you can make million dollars if you're admin of gambling site.
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nara1892
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December 26, 2016, 11:47:26 PM |
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I think it would be 500-1000 bitcoins because bitcoin price now is increasing than before. and I can conclude that by the end of the year, the price of bitcoin increase so high. and it can make me a millionare when I have 500-1000 bitcoins.
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DoublerHunter
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December 27, 2016, 02:37:12 AM |
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100-500 bitcoin would be enough for me to become millionaire after 5 years because i can use those massive amount of bitcoin on investments that can generate passive income and help me to grow those bitcoins monthly or annually. I think after 5 years we can see the stable price of bitcoin on a 4 digit $ and i think that 100-500 would be enough to become millions of dollar.
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Malutash
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January 02, 2017, 04:00:51 PM |
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100-500 bitcoin would be enough for me to become millionaire after 5 years because i can use those massive amount of bitcoin on investments that can generate passive income and help me to grow those bitcoins monthly or annually. I think after 5 years we can see the stable price of bitcoin on a 4 digit $ and i think that 100-500 would be enough to become millions of dollar.
At the current rate of rise, it is about 125% per year, so in 5 years it will be $60,000 each. So we need 16 bitcoin.
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Natalim
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January 03, 2017, 04:40:33 AM |
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100-500 bitcoin would be enough for me to become millionaire after 5 years because i can use those massive amount of bitcoin on investments that can generate passive income and help me to grow those bitcoins monthly or annually. I think after 5 years we can see the stable price of bitcoin on a 4 digit $ and i think that 100-500 would be enough to become millions of dollar.
At the current rate of rise, it is about 125% per year, so in 5 years it will be $60,000 each. So we need 16 bitcoin. If we can see a consistent increase it will happen but we do not see the future so we must be conservative with our prediction. Being conservative means we must not be too aggressive with our prediction and we use a mathematical analysis with it, at the moment, it's still best to continue to save bitcoins consistently and do not focus more on the price of bitcoin to rise as big as such.
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SHAWN-MIDWAYS
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January 03, 2017, 06:01:11 AM |
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I would go for 500-1000 BTC for me to be a millionaire, as the price of bitcoins is likely to double or triple within the given time frame.
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bajing
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January 04, 2017, 02:56:16 PM |
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100-500 bitcoin would be enough for me to become millionaire after 5 years because i can use those massive amount of bitcoin on investments that can generate passive income and help me to grow those bitcoins monthly or annually. I think after 5 years we can see the stable price of bitcoin on a 4 digit $ and i think that 100-500 would be enough to become millions of dollar.
At the current rate of rise, it is about 125% per year, so in 5 years it will be $60,000 each. So we need 16 bitcoin. If we can see a consistent increase it will happen but we do not see the future so we must be conservative with our prediction. Being conservative means we must not be too aggressive with our prediction and we use a mathematical analysis with it, at the moment, it's still best to continue to save bitcoins consistently and do not focus more on the price of bitcoin to rise as big as such. More precisely about our convictions how many bitcoin we hold for can make us become a millionaire in 5 years, no you are wrong the price is very important in this case when the prices have increased of course we have to think to be able to spend money that we have invested.
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RajaJudi
Sr. Member
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Less is more
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January 04, 2017, 03:55:12 PM |
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I would go for 500-1000 BTC for me to be a millionaire, as the price of bitcoins is likely to double or triple within the given time frame.
Well, keep dreaming about that visionary. Try to obtain 500 bitcoin before you die LOL I think we only need 10 Bitcoin. It is enough to become a millionaire after five years since the Bitcoin prices keep increasing significantly
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mrbigmugs
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January 04, 2017, 09:48:31 PM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
Let us be realistic for now so I would go for more than 1000 bitcoin based on its current value now. But, if the bitcoin continue to rise less than 1000 bitcoin would make you a millionaire in 5 years if you just hold your bitcoin and wait for it. That is why hold your bitcoin as much as you can before you feel sorry in coming years as I do. the higher the bitcoin price will be even richer we are in the future later. 1000 BTC at this time may be around $ 900,000. it is a very large amount. I can not imagine what will happen to you, if you are still holding 1000 BTC several years to come, I'm sure you'd be a billionaire in fact that is such a big amount of bicoin it can really make your billionaire, but the problem is that how to earn such amount of bitcoin, if you do not have any investment or any other strategy of making money.
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BitSat
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January 04, 2017, 10:53:29 PM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
Let us be realistic for now so I would go for more than 1000 bitcoin based on its current value now. But, if the bitcoin continue to rise less than 1000 bitcoin would make you a millionaire in 5 years if you just hold your bitcoin and wait for it. That is why hold your bitcoin as much as you can before you feel sorry in coming years as I do. the higher the bitcoin price will be even richer we are in the future later. 1000 BTC at this time may be around $ 900,000. it is a very large amount. I can not imagine what will happen to you, if you are still holding 1000 BTC several years to come, I'm sure you'd be a billionaire in fact that is such a big amount of bicoin it can really make your billionaire, but the problem is that how to earn such amount of bitcoin, if you do not have any investment or any other strategy of making money. Its a bigger amount but still achievable as we can check here Most of gambling site host have too much and currently 1000 bitcoins is going over 1 million dollars but its need some lengthy and positive planing currently investing is not good option just holding much better
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pealr12
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January 04, 2017, 10:58:39 PM |
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With the current flow of price this year 1000btc is enough to make you a fiat millionaire in 5 years. Cause bitcoin will get increase and increase everyday in its price.
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Positid
Sr. Member
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Activity: 378
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BULL RUN until 2030
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January 05, 2017, 03:40:37 AM |
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With the current flow of price this year 1000btc is enough to make you a fiat millionaire in 5 years. Cause bitcoin will get increase and increase everyday in its price.
That's too much dude, you can already live like a king with that number of bitcoins you have. Me, if I can have that, I will just spend the rest of my life roaming around the world and enjoy my money until I die.lol
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akar87
Sr. Member
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Activity: 980
Merit: 250
$CYBERCASH METAVERSE
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January 05, 2017, 10:01:03 AM |
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With the current flow of price this year 1000btc is enough to make you a fiat millionaire in 5 years. Cause bitcoin will get increase and increase everyday in its price.
That's too much dude, you can already live like a king with that number of bitcoins you have. Me, if I can have that, I will just spend the rest of my life roaming around the world and enjoy my money until I die.lol i am just 100K BTC to become fiat millionaire. also i can become capitalist.
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X-ray
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January 05, 2017, 10:16:22 AM |
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With the current flow of price this year 1000btc is enough to make you a fiat millionaire in 5 years. Cause bitcoin will get increase and increase everyday in its price.
That's too much dude, you can already live like a king with that number of bitcoins you have. Me, if I can have that, I will just spend the rest of my life roaming around the world and enjoy my money until I die.lol Do you even calculate? current rate now around ~$1000 and if it's multiplied by 1000 bitcoins it will result $1,000,000 , if you think it's just too much then i guess you're living in zimbabwe where to be a millionaire is really easy because of the overwhelming fluctiation which is occured there
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Monnt
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January 05, 2017, 12:57:06 PM |
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I would go for 500-1000 BTC for me to be a millionaire, as the price of bitcoins is likely to double or triple within the given time frame.
Well, keep dreaming about that visionary. Try to obtain 500 bitcoin before you die LOL I think we only need 10 Bitcoin. It is enough to become a millionaire after five years since the Bitcoin prices keep increasing significantly 500 bitcoins is really a big amount, you can see that the price of bitcoin is fluctuating rapidly, I think let the price first come stable and after that it will become easy for us to estimate the price which will be really good for us to become fiat millionaire. Still, if I happen to have 500 bitcoins then surely I will be a millionaire as bitcoin price is heading toward $10k price levels.
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xIIImaL
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January 05, 2017, 02:23:10 PM |
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With the current flow of price this year 1000btc is enough to make you a fiat millionaire in 5 years. Cause bitcoin will get increase and increase everyday in its price.
We do not able to speculate the bitcoin value at time. As of this price value. If we have 500btc we can become a millionaire. If you enough bitcoins with do not sell it out unwantly. Recently we saw good price pump around 150$ plus. Bitcoin always lead you to move up always.
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