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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 21836 times)
protzein
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December 20, 2015, 11:40:59 AM
 #21

maybe 1000. but 5 years is still long
avw1982
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December 20, 2015, 11:55:15 AM
 #22

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!)
I feel Its upto bitcoin mining and adoption of bitcoin only will impact on that price raises because If demand and many adoption happens It will move to high price in the market and According to predictors It reach 5000$ with 5 years. Will hope and see.
MissionPhailed
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December 20, 2015, 01:13:36 PM
 #23

Hard to predict (no shit), but if BTC really gains momentum among the general public and large organizations decide to adopt it, I'd say 50 Bitcoin could be enough to make one a fiat millionaire. Measured in USD or EUR ofcourse.
Newcoins2020
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December 20, 2015, 01:53:58 PM
 #24

To be a millionaire in 5 years, I think you'll need at least 1000 bitcoins to become one. Seeing as to what bitcoin is worth today, I don't think bitcoin is able to grow in value that fast in only 5 years. I think bitcoin would at least need 10+ years to achieve this. Unless some miracle mass adaption to bitcoin will happen, which I am kinda doubting.
bryant.coleman
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December 20, 2015, 03:38:30 PM
 #25

A significant increase in adoption is necessary for the exchange rates to rise to the $1,000 per coin levels once more. However, the early signs are that the adoption has stalled. Many of the online Bitcoin based market places have close down (such as Bitmit) and according to payment processors such as Bitpay, the daily volumes are down by as much as 50%. 
Decoded
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December 21, 2015, 12:45:34 AM
 #26

To be honest, I really don't think will survive more than five years.

To me, at least 500. Because I don't think bitcoin will be worth more than $5000 in five years. But sure, feel free to prove me along, guys.

looking for a signature campaign, dm me for that
bitlancr
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December 21, 2015, 08:19:03 AM
 #27

I think you'll need at least a 1000 bitcoins. 5 years is not that long for bitcoin to grow that fast. Even if bitcoin reaches $1000 again, a lot of people will dump. I doubt that many people would pump when bitcoin reaches 1 million.
n2004al
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December 21, 2015, 08:34:40 AM
 #28

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

This is a question which on itself have a value one million us dollar if founded. Because is like to find something than cannot be found. So if someone is able to find something that cannot be found that mean that him is God or an unknown being. Being God a "kind" that cannot be meets the remaining one who can found something that cannot be found is the unknown being. This being, being unknown, is very hard to be contacted but if the OP is ready to give me a reward I can try to find it (but without giving the word that will do this for sure). If found he for sure will give an exact answer about the exact amount of bitcoin needed to make millionaire someone but most of all will give undeniable facts about the why of this amount. Facts that no one in this world can give. Even if jump all the day (or even the week) only with one feet.

As a conclusion: Why make threads in which everyone can tell every kind of stupid thoughts that want regarding the main post? Where is the value of this kind of threads? What new things offer this kind of threads to them who read those?
LuckyYOU
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December 21, 2015, 08:35:14 AM
 #29

To be honest, I really don't think will survive more than five years.

To me, at least 500. Because I don't think bitcoin will be worth more than $5000 in five years. But sure, feel free to prove me along, guys.

I agree with you there. I don't think 1 bitcoin will ever be equal to 1 million dollars. You should be okay with 500 bitcoins to become a millionaire in 5 years.
That is only if bitcoin continues to grow and has risen more in value rather than dropping and experiencing dips.

Amph
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December 21, 2015, 08:42:30 AM
 #30

maybe 1000. but 5 years is still long

1000 is too much, no one can buy that amount in 5 year

a normal salary is $10k per year, which mean 25 btc per year, in 5 that's only 125, not to mention the increase in price that will happen in those 5 years
Altynbekova
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December 21, 2015, 08:50:29 AM
 #31

maybe 1000. but 5 years is still long

1000 is too much, no one can buy that amount in 5 year

a normal salary is $10k per year, which mean 25 btc per year, in 5 that's only 125, not to mention the increase in price that will happen in those 5 years

The only think that can happen if some one win a big amount of money thru casino or something. And yeah 1000 bitcoins is just to big where the hell will you save that kind of amount. For me I am fine with having 50 bitcoins I know I won't be millionair with it, but that is high for something aside that just fiat money.
asa.convex
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December 21, 2015, 08:51:58 AM
 #32

My vote is 500-1000 BTC because a price of $1000-$2000 BTC is very easy to achieve.

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December 21, 2015, 01:11:42 PM
 #33

I put more that 1000 because 5 years is a blonk of the eye. I know we've had massive jumps on less years but it will be slower to build up to the bigger numbers.

gkv9
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December 21, 2015, 02:17:11 PM
 #34

That actually depends upon the value you are willing to sell your coins at...
For example,
BTC1 = $1000, then you will need 1k BTC,
& if BTC1 = $10000, then even BTC100 would do...

If all depends upon how much time are you willing to wait in order to sell your coins higher if it ever happens, I mean if $10000 ever takes place...

safari88
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December 21, 2015, 03:08:30 PM
 #35

500-1000BTC we do not know the price of bitcoin for the future, so 1000BTC enough to be a millionaire Cool

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December 21, 2015, 03:28:11 PM
 #36

my vote : More than 1000BTC, of course 1000BTC will make you a millionaire, although using current prices.

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December 21, 2015, 03:45:05 PM
 #37

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.

Gold marketcap is on the trillions of dollars.. we only need a small part of Gold owners to start putting their trust in Bitcoin to see 5 figures a coin.
I would say in the next 5 years, you would need something in the 3 figures to become a millionaire, but in the next decade, im sure people in the 21 BTC club are going to be if not millionaires near 7 figures (in dollars).
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December 21, 2015, 04:02:36 PM
 #38

1000 BTC is very difficult for me to get it, so I vote 100 BTC and I hope 100 BTC could make me became a millionaire Smiley
Razick
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December 21, 2015, 04:13:00 PM
 #39

No one knows. Polls like this are 100% pointless and have been done over and over again. The correct answer is somewhere between 0 and infinity but you don't have that as an answer.

ACCOUNT RECOVERED 4/27/2020. Account was previously hacked sometime in 2017. Posts between 12/31/2016 and 4/27/2020 are NOT LEGITIMATE.
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December 21, 2015, 04:14:13 PM
 #40

1000 Bitcoins will make you a millionaire in quite a short time possibly. But I will go for 100 Bitcoins for the very long term, and 200 Bitcoins for the medium long term.
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