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Question: How many BTC will make you a millionaire in 5 years?
0.01 - 2 (0.9%)
0.1 - 1 (0.4%)
1-3 - 1 (0.4%)
3-5 - 2 (0.9%)
5-10 - 7 (3%)
10-25 - 18 (7.8%)
25-50 - 7 (3%)
50-100 - 35 (15.2%)
100-500 - 48 (20.8%)
500-1000 - 38 (16.5%)
More than 1000 - 72 (31.2%)
Total Voters: 231

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Author Topic: How many BTC will make you a fiat millionaire in 5 years?  (Read 21691 times)
bitsmichel
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December 19, 2015, 12:51:00 PM
 #1

How many BTC will make you a fiat millionaire ($) in 5 years? Why?

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December 19, 2015, 01:00:20 PM
 #2

How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.
There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.
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December 19, 2015, 01:32:17 PM
 #3

How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.
There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.

However when you look at how far bitcoin has come in the last 5 years and it's only picking up speed. Do the brakes even work? I think this one has none. Grin

I'm going to be optimistic about this one and say it's 10-25 bitcoins.


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December 19, 2015, 01:38:35 PM
 #4

Right now, the market cap of Bitcoin is around $7 billion, which is around 10% of that of the second tier world currencies such as the Russian Ruble, Indian Rupee, and the Singapore Dollar. In an optimistic scenario, we can expect Bitcoin to catch up with these currencies, there by increasing the value by as much as 1,000%. So the exchange rate will become $4,500 per coin in 2020. That means that owning some 200 coins will make you a fiat millionaire by that time.



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December 19, 2015, 01:49:20 PM
 #5

How many BTC will make you a fiat millionaire ($) in 5 years? Why?

So this means 2021 (since we are few days before the end of the year) . I think that 100 BTC (little bit more or less) should be enough to make a millionaire assuming that we will pass by two halving block reward by that time and the price may/can reach 10k $ per BTC .

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December 19, 2015, 04:25:25 PM
 #6

I assume bitcoin will be around 10 k till 2021 or 5 years from now so 100+ coin will be enough for you to make millionaire.
If the manupulation doesn't end in few years we can't even predict what will happen after 1 month or 1 hour like last time price goes down from 460 to 400 mark within hour.
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December 19, 2015, 05:19:50 PM
 #7

In 5 years, the price will just about $10,000. So we need at least 100 bitcoins to make a millionaire.

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December 19, 2015, 05:23:22 PM
 #8

1,000,000BTC

1 million bitcoins will be required to b a millionaire in 2020!

Could be 1BTC could be NONE (if it is more than 40000000 BTC then it won't be possible!)

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December 19, 2015, 05:30:22 PM
 #9

for next 5 year 100-500 btc will make you millionaire but for next 1 year 1000 will do the same when bitcoin rise above 1000$
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December 19, 2015, 06:53:31 PM
 #10


10 bitcoins max will be enough

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December 19, 2015, 07:13:08 PM
 #11

Well pretty sure that would be something around 1400btc and 2200btc since on the next years currently there is nothing new into bitcoin,not a big company joining ,accepting bitcoin to their products,if that happen well sure price can go up fast,but well 5 years im expecting bitcoin being worth max 800 dollars and atleast 500 dollars.
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December 19, 2015, 07:17:09 PM
 #12

my guess is 100 to 500 bitcoins from the options you let us choose from. 100 bitcoins may take longer than 5 years to make you a fiat millionaire, but i do think that at least 300 bitcoins will be enough to make you millionaire.
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December 19, 2015, 07:39:42 PM
 #13

Voted 500 up, probably because I can't see enough reasons why bitcoin would appreciate in value that fast. 5 years is ages in the crypto world, but a small time-frame in the global economy. Unless massive adaption of the coin takes place, till then I can see such a massive appreciation in price.

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December 19, 2015, 07:51:02 PM
 #14

nobody know how much bitcoin we need to be fiat milionare in 5 years,because bitcoin price never stable,and if i should guess,i think we need more than 1000 BTC if bitcoin price sty on $450

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December 19, 2015, 08:30:37 PM
 #15

How many BTC will make you a fiat millionaire ($) in 5 years? Why?

Why are you interested in being a fiat millionaire?
Isn't it enough to know that the USD and all other currencies are losing it's purchasing power and the governments are printing this shitty paper into oblivion?!
Imo you're asking the wrong question.
You should ask and educate yourself what you can do to protect yourself regarding this issue and inevitable collapse which is going to come.
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December 19, 2015, 08:52:33 PM
 #16

With a price of 5000, 1000 will give you 5 Million USD.
Means if bitcoin goes 1000% in 5 years, you will be a millionare.

1000% is a lot but in 5 years a lot can happen..
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December 20, 2015, 09:34:45 AM
 #17

at least one old block, of the old reward, so 50 minimum, so with 10k inv alue you have half a million

otherwise you need to wait for the 10k-100k range, and sadly i don't think it's archivieable in 5 eyars
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December 20, 2015, 10:25:39 AM
 #18

I said 100-500 obviously I am being optimistic. If I had
to actually put more on it I would of probably said 1000+.

I wouldnt be shocked to see bitcoin at 2000 in 5 years thoough

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December 20, 2015, 11:31:52 AM
 #19

Will to be really sure that you need more than 1000 BTC, because you never can't tell what will happen the price of bitcoin.
If bitcoin price is going up and up thant I think 100 or 250 BTC would be enough. We can only see happening or not.
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December 20, 2015, 11:36:01 AM
 #20

I would have to go with around a thousand coins could make me a millionaire in 5 years. Why because that s speculating and I can't do nothing else except speculate. More than 1000 bitcoins valued at around $1000 makes me a fiat millionaire just a small one.

Not that it would really matter I would only exchange enough to pay up my mortgage and a new car for the wife assuming that they are not accepting bitcoin. If they are I would exchange nothing.
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