tunctioncloud
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October 30, 2016, 05:09:53 PM |
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In 5 years, I see the price stabily (not pumps like now) at 800$, so you would need more than 1000BTC to be a fiat millionnaire.
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barabash
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October 30, 2016, 05:18:20 PM |
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I believe that 500 Bitcoins can make a person a millionaire in five years. The tendency of growth of prices for Bitcoin will make this possible. If anything globally will not change, it will bring a wealth of many Bitcoin
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Doamader
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October 30, 2016, 06:14:11 PM |
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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.
You mean 1000% or i read wrong, anyway sounds a big ammount to be able to reach those milion, currently for me reach the 1 milion into the currency where i live now, its just need 444 bitcoins.
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nizamcc
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October 30, 2016, 06:48:46 PM |
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If the price manages to reach $10,000 during these 5 years, then I think that 100 Bitcoins would be enough to make me a fiat millionaire and that will happen soon.
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mirakal
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October 31, 2016, 01:24:14 PM |
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If the price manages to reach $10,000 during these 5 years, then I think that 100 Bitcoins would be enough to make me a fiat millionaire and that will happen soon.
Well, you have a positive speculation in the future and I hope that will happen as for sure we are all going to benefit of the price increase. For 5 years time, I guess that is hard to achieve but let's see it.. My long term investment is already ready cause I am holding it long..
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arseaboy
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October 31, 2016, 02:43:49 PM |
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Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.
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Xester
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October 31, 2016, 04:03:16 PM |
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Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.
We are all expecting that. But even if bitcoin price will reach that high I am afraid I cannot be still able to become.a millionaire. I still do not have a good amount of bitcoin in my wallet. Even a single bitcoin is nowhere to be found on my wallet. I should first keep and save some to my wallet so I will be able to get a huge amount of money if I want to retire. Hope that its price will goes up.
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Aamir1
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October 31, 2016, 04:49:17 PM |
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Between 100-500 i guess, because as we can see the price of bitcoin has a growing nature so by then it would probably reach a high extent and even if it reaches 5k$ per coin we would become millionaire if we have that much bitcoins i mentioned.
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spazzdla
Legendary
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October 31, 2016, 06:41:57 PM |
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1000 or more... interesting.
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gandame
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October 31, 2016, 07:55:50 PM |
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Well i gues 100-500 bitcoin we need to become a millioner but its very hard to predict because bitcoin moving down and up. So we dont know if the price of bitcoin become stable or geeting higher or goes down. But if bitcoin goes higher than the price now if you earn 500 bitcoin that will be a million.
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SmirnoffVany
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November 01, 2016, 04:22:47 PM |
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Well i gues 100-500 bitcoin we need to become a millioner but its very hard to predict because bitcoin moving down and up. So we dont know if the price of bitcoin become stable or geeting higher or goes down. But if bitcoin goes higher than the price now if you earn 500 bitcoin that will be a million.
I don't think so that is enough be a millionaire if you are maxing out 500 bitcoins for it for 5 years I don't think so that will be sufficient. Because we need to consider on how the price of bitcoin is going to be on that years. So we need to consider both, price of bitcoin and volume of bitcoin. But each after year, price of bitcoin is increasing so maybe that would be $1,000 - $5,000 after all. So 1,000 bitcoins will make you millionaire for it. If this dream is really possible to become very wealthy. But the reality is probably quite a different format. If bitcoin will rise in price, increasing their own savings in cryptocurrency will bring a very good income.
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elena-tur
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November 01, 2016, 05:19:53 PM |
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Well i gues 100-500 bitcoin we need to become a millioner but its very hard to predict because bitcoin moving down and up. So we dont know if the price of bitcoin become stable or geeting higher or goes down. But if bitcoin goes higher than the price now if you earn 500 bitcoin that will be a million.
If it were possible even ten years ago to buy bitcoin on the price of a few coins, then I would have even at today's value would be a very rich man. But even some 1000btc would be a good savings.
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eminem90
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November 01, 2016, 06:04:02 PM |
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Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.
We are all expecting that. But even if bitcoin price will reach that high I am afraid I cannot be still able to become.a millionaire. I still do not have a good amount of bitcoin in my wallet. Even a single bitcoin is nowhere to be found on my wallet. I should first keep and save some to my wallet so I will be able to get a huge amount of money if I want to retire. Hope that its price will goes up. $ 10k is very strong expectation. I tell the truth, even never thought that bitcoin can raise its price to a level. Here even 100btc be enough.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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November 01, 2016, 06:13:38 PM |
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Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.
We are all expecting that. But even if bitcoin price will reach that high I am afraid I cannot be still able to become.a millionaire. I still do not have a good amount of bitcoin in my wallet. Even a single bitcoin is nowhere to be found on my wallet. I should first keep and save some to my wallet so I will be able to get a huge amount of money if I want to retire. Hope that its price will goes up. $ 10k is very strong expectation. I tell the truth, even never thought that bitcoin can raise its price to a level. Here even 100btc be enough. If you are in US country 100 btc is enough to hold bitcoins for a long time that can be millionaire if the price is keep rising.. but here in my country 30-40 btc is enough to hold and i think if the price is keep rising until 1400 value we can be rich in that amount and be millioniare..
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bitdumper
Sr. Member
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Activity: 266
Merit: 250
One world One currency, Bitcoin.
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November 01, 2016, 06:24:49 PM |
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i think if i have 50-100 btc then i can surely aquire the millionare status in some years with some hard work and brain use and yes after becoming a millionare i have to hold that money too for a long time :v
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oblivi
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November 01, 2016, 06:27:52 PM |
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An investment of 10 dollars back in 2010 would make you a millonaire in 2016. In 5 years an investment of 10.000 dollars will make you a millionaire. So I would say about 20 to 30 BTC is enough to be rich in 5 years. Things change faster than most people can perceive.
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eXtatiC
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November 01, 2016, 06:29:03 PM |
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I guess 500-1000 bitcoin we need to become a fiat millionaire in 5 years.
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maister77777
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November 01, 2016, 06:36:04 PM |
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Very positive outcome for you guys. I'm also expecting the same $10k value for bitcoin. But I think it will not be possible but still hoping for it so I can be a millionaire as well.
We are all expecting that. But even if bitcoin price will reach that high I am afraid I cannot be still able to become.a millionaire. I still do not have a good amount of bitcoin in my wallet. Even a single bitcoin is nowhere to be found on my wallet. I should first keep and save some to my wallet so I will be able to get a huge amount of money if I want to retire. Hope that its price will goes up. $ 10k is very strong expectation. I tell the truth, even never thought that bitcoin can raise its price to a level. Here even 100btc be enough. If you are in US country 100 btc is enough to hold bitcoins for a long time that can be millionaire if the price is keep rising.. but here in my country 30-40 btc is enough to hold and i think if the price is keep rising until 1400 value we can be rich in that amount and be millioniare.. And then you can do to become a millionaire in a short period of time without having a sufficient number of bitcoin on their wallets.
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crairezx20
Legendary
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Activity: 1638
Merit: 1046
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November 01, 2016, 06:38:59 PM |
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I guess 500-1000 bitcoin we need to become a fiat millionaire in 5 years.
Its a large amount of money and bitcoin.. here in my country i think 25 btc to 30 btc is enough to hold and if the price will touch in 1400 value we can be millionaire.. if you are live in US 25 to 30btc is small amount to hold but here in my country it is a large amount of money..
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Blitzboy
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November 01, 2016, 06:40:47 PM |
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Due to the economic situation, i think you must have more than 100 bitcoin to become rich after 5 years. Bitcoin's price always goes up although at the present the increasing happens slowly. Thus, you will need to have a large amount of bitcoin so that you can easily earn profit from it
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