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MaritiJames3
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December 30, 2015, 05:20:20 PM |
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I will pull a total guess out of my ass - 400.
I think that's achievable within five years.
It's a weird guess but most of the guesses coming out from one's asses are weird.. :S I do think you should hold over 1000 bitcoins to become a fiat millionare 1000 bitcoins * 1000 USD would give you 1.000.000 USD |
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Mr.grin
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Activity: 1218
Merit: 1000
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December 30, 2015, 08:09:10 PM |
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I will pull a total guess out of my ass - 400.
I think that's achievable within five years.
It's a weird guess but most of the guesses coming out from one's asses are weird.. :S I do think you should hold over 1000 bitcoins to become a fiat millionare 1000 bitcoins * 1000 USD would give you 1.000.000 USD meant to be more than 1000 BTC, maybe we should have a minimum of 10,000 BTC at a high price in order to become a millionaire |
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Bitcoinbro
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December 30, 2015, 09:24:58 PM |
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I will pull a total guess out of my ass - 400.
I think that's achievable within five years.
It's a weird guess but most of the guesses coming out from one's asses are weird.. :S I do think you should hold over 1000 bitcoins to become a fiat millionare 1000 bitcoins * 1000 USD would give you 1.000.000 USD James bro you have some good calculation magic in you. I feel the force is strong with you. 1000 bitcoins at 1000 USD is reallistic even for pessimists. |
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Moneyburner
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Activity: 112
Merit: 10
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December 31, 2015, 12:51:22 AM |
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My gut says around 400. Which if you want to grow it into that in five years you will need atleast 100 or so today in hopes that you can double it up atleast twice within the five years, through loaning or some other source of income
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darkangel11
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Activity: 2394
Merit: 1348
Don't let others control your BTC -> self custody
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December 31, 2015, 02:10:02 AM |
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Just 100 BTC should suffice. If it survives for another 5 years its price will be high and fiat will inflate like crazy.
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EdenHazard
Legendary
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Activity: 2674
Merit: 1048
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December 31, 2015, 07:33:25 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
i estimate we need 100 to 1000 Bitcoin to become a millionaire within the next 5 years, not because I'm sure the price will bitcoin very well and continues to rise within the next 5 years, it is because I expect a very high price bitcoin at that time. |
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ace45954
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Activity: 70
Merit: 10
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January 01, 2016, 07:11:56 PM |
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Probably around 1000 I'd say.
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chokesir
Full Member
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Activity: 196
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
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January 01, 2016, 07:56:26 PM |
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At least 1000. there are no guarantees in this business.
Having seeing a price of over 1k doesn't mean it will happen again.
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richardsNY
Legendary
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Activity: 1232
Merit: 1091
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January 01, 2016, 08:25:12 PM |
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At least 1000. there are no guarantees in this business.
Having seeing a price of over 1k doesn't mean it will happen again.
$1000 can happen in 2016. Within 5 years it may go even much higher. Some people even think we will see $3000 by 2020. Then you will get a fiat millionaire with a much lower coin count. |
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cellard
Legendary
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Activity: 1372
Merit: 1252
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January 02, 2016, 01:39:14 AM |
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10-25. There will only be 21 BTC. Owning BTC puts you in the 1 million elite. 5 billion marketcap at 450 dollars a unit = INSANE growth ahead. 4 figures is nothing. You people are insane to not understand what we are talking about in here. Long term holders = millionaires in the making.
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sanadas
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January 04, 2016, 04:28:05 PM |
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I think the price could be around $200-5000 in 5 years, so you need about 20-50 bitcoins to be a dollar millionaire.
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cellard
Legendary
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Activity: 1372
Merit: 1252
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January 04, 2016, 04:55:12 PM |
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How many BTC will make you a fiat millionaire ($) 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. Are you serious? 1.000 BTC makes you a millionaire already at the laughably low 1.000 USD per BTC price. People here is conditioned by the 1.000 psychological barrier because it was the last ATH. I can't wait until we crush it again and go 4.000+ and we will do it before 5 years. I love when people's conditioned expectations get destroyed, and this time being optimistic is more realistic than being conservative. |
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HarryKPeters
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January 04, 2016, 05:05:21 PM |
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10-25. There will only be 21 BTC. Owning BTC puts you in the 1 million elite. 5 billion marketcap at 450 dollars a unit = INSANE growth ahead. 4 figures is nothing. You people are insane to not understand what we are talking about in here. Long term holders = millionaires in the making.
Perhaps we may see such thing in the 2030 but in 5 years, owning 1000 btc at least is needed to be a fiat millionare. Not sure though if we will see an expected price rise though. |
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newminer1988
Newbie
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Activity: 43
Merit: 0
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January 04, 2016, 05:15:18 PM |
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200 btc at €5000, that would be awesome! Still have to get 200 btc though....
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wikenpp
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January 04, 2016, 05:52:22 PM |
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With 100 BTC you could come far.
It's hard to predict what will happen after the 2020 halving, but it will get a boost.
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avw1982
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January 04, 2016, 07:13:11 PM |
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Just 100 BTC should suffice. If it survives for another 5 years its price will be high and fiat will inflate like crazy.
Sure its will be there and well i don't think that it would need a lot of bitcoins as the price of it will surely grow significantly in the future i am hoping that it will be enough to own as much as 100 bitcoins to be able to leave your job after a few years and live only from bit. |
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newcoins1978
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January 04, 2016, 10:30:27 PM |
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With 100 BTC you could come far.
It's hard to predict what will happen after the 2020 halving, but it will get a boost.
100 is far to less. The price in 5 years has a potential of around 2k. Which would mean you would hold around 200k. 500 bitcoins on the other hand would make you a fiat millionare. |
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randy8777
Legendary
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Activity: 896
Merit: 1000
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January 04, 2016, 10:54:02 PM |
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With 100 BTC you could come far.
It's hard to predict what will happen after the 2020 halving, but it will get a boost.
100 is far to less. The price in 5 years has a potential of around 2k. Which would mean you would hold around 200k. 500 bitcoins on the other hand would make you a fiat millionare. within 5 years i also think it's better to have 500 bitcoins in order to achieve the status of a fiat millionaire. that's quite a realistic guess. |
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justspare
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January 05, 2016, 03:07:03 AM |
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The price of Bitcoin isn't just going to shoot up like that. The price will gradually, key word gradually, rise. We can't expect ourselves to be millionaires in five years because of Bitcoin. If you invest in thousands of Bitcoin, then maybe you will become a millionaire. But there is really no telling where Bitcoin is going to go. So we can't tell you how many Bitcoins you would need.
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botany
Legendary
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Activity: 1582
Merit: 1064
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January 05, 2016, 07:21:42 PM |
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The price of Bitcoin isn't just going to shoot up like that. The price will gradually, key word gradually, rise. We can't expect ourselves to be millionaires in five years because of Bitcoin. If you invest in thousands of Bitcoin, then maybe you will become a millionaire. But there is really no telling where Bitcoin is going to go. So we can't tell you how many Bitcoins you would need.
People expect an all time high to be reached soon after the block reward halving. If that is true, you don't need to buy thousands of bitcoins to be a millionaire.  |
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