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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)
anasis
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November 01, 2016, 07:09:20 PM
 #161

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
If this prediction come true is very much bitcoin users become millionaires. If you already next year is expected for the $ 1k 1btc it is quite possible that in 5 years the price will rise by several times.
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November 01, 2016, 07:29:03 PM
 #162

Judging by the rapid increase in the price of Bitcoin,  500 BTC can make anyone a millionaire
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November 01, 2016, 07:33:52 PM
 #163

Judging by the rapid increase in the price of Bitcoin,  500 BTC can make anyone a millionaire

To have 500 right now, is already a nice amount to have in Bitcoin. I think in 5 years you will need less than 500 to reach 1 million. But, everything is relative where you live and the amount you need to buy the groceries, rent, etc...

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November 02, 2016, 06:35:35 AM
 #164

5 years is definitely too long for me in my own country because of the value of our FIAT in relation to dollar even as at todaytoday with the value of Bitcoin, I only need like 5btc to be a millionaire but that does not mean it will now make me live as a millionaire in USA or United Kingdom as the case may be.
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November 11, 2016, 05:51:24 PM
 #165

Forecasts of course sounds good, and therefore can be called even numbers 500. But this is not a fact, because in recent bitcoin growth slowed, although 5 years is a long time and perhaps the price of bitcoin will be more than $ 2k.
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November 11, 2016, 06:08:24 PM
 #166

i think 50-100bitcoin is more than enought to start the journey as a millionear i know that is not even 1million but i can make it to that mark and i think anybody can do it by a little mind and some extra hard work

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November 11, 2016, 06:14:49 PM
 #167

i think 50-100bitcoin is more than enought to start the journey as a millionear i know that is not even 1million but i can make it to that mark and i think anybody can do it by a little mind and some extra hard work
To become millionaire with maximum 100 bitcoins, we must need bitcoin prices at $10,000 levels. I guess  $10,000 price levels for one bitcoin will not be possible in next 5 years, maybe I go wrong with my speculations. Still, only with main stream adoption of bitcoins may get the levels.

At the same time, with 100 bitcoins in next 10 to 20 years will make anyone to millionaire for sure as bitcoin mining reward is will go very less in those periods.
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November 11, 2016, 06:16:24 PM
 #168

Probably more than 500.

To me, in 5 years we won't see a megapump like it happened in the past. (from 10$>100$>1000$) Early phase is over long time ago. What we have now, is a small but secure growth. Which is usually boring. If we see 2k or 3k in the next 5 years, i think we would be lucky.

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November 11, 2016, 06:34:25 PM
 #169

i think 50-100bitcoin is more than enought to start the journey as a millionear i know that is not even 1million but i can make it to that mark and i think anybody can do it by a little mind and some extra hard work
To become millionaire with maximum 100 bitcoins, we must need bitcoin prices at $10,000 levels. I guess  $10,000 price levels for one bitcoin will not be possible in next 5 years, maybe I go wrong with my speculations. Still, only with main stream adoption of bitcoins may get the levels.

At the same time, with 100 bitcoins in next 10 to 20 years will make anyone to millionaire for sure as bitcoin mining reward is will go very less in those periods.
Do you think that such a big time need to raise its revenue from bitcoin. So if you have 100btc only after 20 years, you can become rich? It makes me very puzzled. I plan to significantly faster and more profitable to invest money and make a profit for several years.
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November 11, 2016, 07:03:11 PM
 #170

Probably more than 500.

To me, in 5 years we won't see a megapump like it happened in the past. (from 10$>100$>1000$) Early phase is over long time ago. What we have now, is a small but secure growth. Which is usually boring. If we see 2k or 3k in the next 5 years, i think we would be lucky.
Nobody can foresee the real price of bitcoin, so do as much as you need to earn to be a millionaire can not say unequivocally no. Answers is all the desire of users.
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November 11, 2016, 07:28:54 PM
 #171

5 years is definitely too long for me in my own country because of the value of our FIAT in relation to dollar even as at todaytoday with the value of Bitcoin, I only need like 5btc to be a millionaire but that does not mean it will now make me live as a millionaire in USA or United Kingdom as the case may be.
If you imagine just come back ten years ago, and even though you spend $ 5 or $ 25 per bitcoin, it is now possible to have one would be a real millionaire. But how many now have to wait, and how much it needs to answer difficult.
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November 11, 2016, 07:57:05 PM
 #172

Judging by the rapid increase in the price of Bitcoin,  500 BTC can make anyone a millionaire
Do you think that after 5 years of bitcoin will cost $ 2000? This is a very bold predictions. Of course as they say, wants to ban can not, but I think the reality is quite different.
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November 11, 2016, 07:59:05 PM
 #173

I guess people on this forum think that nothing changes hugely is they voted for 'more than 1000 mostly'. Well, that seems fair, because we have never seen Bitcoin costing more than 1000 (or a bit more), so why should we think that the price would grow in more than 10 times in 5 years? However, there are big surprizes sometimes and we must remember that we can't infer the future things from present ones, just like Mr.Wittgenstein told us.

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November 11, 2016, 08:06:09 PM
 #174

I voted for more than 1000 because it's the only realistic number there! That's $1000 a bitcoin which would be about a 30% increase over 5 years. I see that happening but not a huge 10x increase.
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November 12, 2016, 08:28:36 AM
 #175

I voted for more than 1000 because it's the only realistic number there! That's $1000 a bitcoin which would be about a 30% increase over 5 years. I see that happening but not a huge 10x increase.
You have a big dream, you should work hard for that. It primarily depend on the place where you live. In our place, I can be satisfied already even for 100 BTC in the future and i really hope I can get that working and venturing in opportunities here online.

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November 12, 2016, 09:03:44 AM
 #176

Re: How many BTC will make you a fiat millionaire in 5 years?

As what I am saying, millionaires in what currency? Remember each country has teir own exchange rate, and values is different in every country. In other country 20-30 BTC,you can be millionaire already. Smiley


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November 12, 2016, 10:35:22 AM
 #177

To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
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November 12, 2016, 11:36:52 AM
 #178

To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
I'll take it slowly so I would start venturing into investment now. I believe since bitcoin is not stable yet, I can find a lot of opportunities here and I just have to take some risk so I can jump with opportunities that I can find. Some of my strategy is to invest in gambling sites and trading regularly.

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November 12, 2016, 11:50:06 AM
 #179

To be a fiat millionaire in 5 years, i'll say we need to have 25-200 bitcoin. I said it since if bitcoin have gone into a good turn by 2020, one only need 25 bitcoins to be a fiat millionaire in 5 years. If it have just sit at a value triple or quadruple of what it is now, Id say one needs 200 bitcoin above to be a fiat millionaire by 2020-2021.
I'll take it slowly so I would start venturing into investment now. I believe since bitcoin is not stable yet, I can find a lot of opportunities here and I just have to take some risk so I can jump with opportunities that I can find. Some of my strategy is to invest in gambling sites and trading regularly.
Your second mentioned stategy seems good but I dont recommend investing in gambling sites since it gives low returns and if you play your money on gambling, it might get high returns but most probably you will lose you money. In my opinion one needs to have more than 500 bitcoin to be a fiat millionaire in the future since the price by 2020-2022 might only double the price now and not pump that hard as some speculated.
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November 12, 2016, 12:24:26 PM
 #180

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

Maybe 0 (if bitcoin is destroyed and dissapears) or maybe 1000.

I don`t believe that bitcoin price will reach 1200$ ever again.

All the rumors that bitcoin might cost 10000$+ after years are a joke.

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