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

[Rinder]

According to my wild guess..... the exchange rates after 5 years will be around $10,000 per coin. So to become a millionaire, you would need BTC100 in your wallet. Difficult to imagine any rates above 10K... considering the current market cap of the major fiat currencies.....

I do believe that your value its outside of being realistic, bitcoin at next 5 years should reach 1000-1300 dollars, and maybe into 20-50 years it can reach 5000 dollars for each bitcoin, soo i would say that would require atleast 200-500 bitcoins.

[qyzackk]

According to my wild guess..... the exchange rates after 5 years will be around $10,000 per coin. So to become a millionaire, you would need BTC100 in your wallet. Difficult to imagine any rates above 10K... considering the current market cap of the major fiat currencies.....

I do believe that your value its outside of being realistic, bitcoin at next 5 years should reach 1000-1300 dollars, and maybe into 20-50 years it can reach 5000 dollars for each bitcoin, soo i would say that would require atleast 200-500 bitcoins.

If so you need to wait, I will not live. Old already. Probably my dreams with the help of Bitcoin be a very super rich will not succeed.

[horace08122]

According to my wild guess..... the exchange rates after 5 years will be around $10,000 per coin. So to become a millionaire, you would need BTC100 in your wallet. Difficult to imagine any rates above 10K... considering the current market cap of the major fiat currencies.....

Five years, a very long time, especially for Bitcoin. The fact that none of stability to guarantee can not give. I do not think that even $ 10k could be a reality.

Why to wait for five years, at the current price of bitcoin when converted to my country fiat currency if i get 1k bitcoins is enough for me to make me fiat millionaire. And live my life in luxurious without doing any work.

I do not believe that in my life I earn so much that I could become a millionaire. Even when Bitcoin will rise in price, it will not give special advantages.

[pyata4ok]

According to my wild guess..... the exchange rates after 5 years will be around $10,000 per coin. So to become a millionaire, you would need BTC100 in your wallet. Difficult to imagine any rates above 10K... considering the current market cap of the major fiat currencies.....

Five years, a very long time, especially for Bitcoin. The fact that none of stability to guarantee can not give. I do not think that even $ 10k could be a reality.

Why to wait for five years, at the current price of bitcoin when converted to my country fiat currency if i get 1k bitcoins is enough for me to make me fiat millionaire. And live my life in luxurious without doing any work.

We will still be happy when Bitcoin really be $ 1k, because we have already experienced a fall that plunged the people are losses. Perhaps it will not happen a second time.

[StarofBTC]

According to my wild guess..... the exchange rates after 5 years will be around $10,000 per coin. So to become a millionaire, you would need BTC100 in your wallet. Difficult to imagine any rates above 10K... considering the current market cap of the major fiat currencies.....

I do believe that your value its outside of being realistic, bitcoin at next 5 years should reach 1000-1300 dollars, and maybe into 20-50 years it can reach 5000 dollars for each bitcoin, soo i would say that would require atleast 200-500 bitcoins.

Yes and I think it depends on the price of bitcoin, if after 5 years the price of bitcoin is trading at a high price levels then every a little amount of bitcoin itself could make you to millionaire or even multi millionaire, I am hopeful the trend of bitcoin price increasing will continue for next few years.

[Napole0n]

For the distribution of the bitcoin can be said, but I'm sure, the owners of the bitcoin will become millionaire, probably number about 15% of all owners of the bitcoin.

[Multipulty]

for me i think that it all depends on individual all i think is that you to invest more or you have to grow up profit either by buying or selling or  better still you have to go for say 100 or 500 bitcoins before you can get there. and also it has to also depend on the exchange rate too because exchange rate is not stable. 

[Gotottack]

I think it depends on which fiat currency we are talking about. How bout if we are talking about the Vietnamese Dong? If it was the Dong, then you only need around 0.01 Bitcoin to be a millionaire in Dong currency. But if we would talk about the USD, then that's another matter. You will probably need 1,000 Bitcoin to be a millionaire after five years. This means the price should be $1,000 per coin after five years. Hopefully, at that date, the price is at $1,000 or more.

[digaran]

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

If bitcoin price follows the current path I think you'll need more than 1000 bitcoins to become a true millionaire.
Given the price will be about $3k five years from now.

[machinek20]

I think i am going to need 200 btc and with assumption of bitcoin price reach more than 1000$ in 5 years and the inflation rate is low, with that money i can buy a house and car and live a good life

[Malutash]

I think i am going to need 200 btc and with assumption of bitcoin price reach more than 1000$ in 5 years and the inflation rate is low, with that money i can buy a house and car and live a good life

I think the price of bitcoin will reach $1000 in the middle of next year. There is no need to wait for 5 years.

[dihari]

If we assumption the price will growing up with 20% per annual, that will be 1btc = $1500. well you know it, just 100btc on your wallet will make you a billionaire.

[abel1337]

If we assumption the price will growing up with 20% per annual, that will be 1btc = $1500. well you know it, just 100btc on your wallet will make you a billionaire.

  If btc grow that large , We can be rich in a few years but it is not assured because some countries are slowly making their way to ban bitcoin on their country. If this happen and many counties banned bitcoin and make it illegal bitcoin price will surely dump

[just_Alice]

I think 100-500 BTC will be enough in 5 years, but it will be closer to 500 though. I mean it is very possible that Bitcoin be over $2,000 and hence having 500 BTC will make a millionaire. I do believe that one Bitcoin will be over $100k eventually, but not so fast, not in 5 years.

[error08]

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.

I assume there is no problem with bitcoin issues and regulations which stable increases every month, I think the possibilities price around $2500-$3000 in five years. We need 500-1000 to be fiat millionaire, it seems such a decent amount.  

[zoose]

I'm going to say you'll need about 500 Bitcoins. Good Luck!

[saiha]

I think 100-500 BTC will be enough in 5 years, but it will be closer to 500 though. I mean it is very possible that Bitcoin be over $2,000 and hence having 500 BTC will make a millionaire. I do believe that one Bitcoin will be over $100k eventually, but not so fast, not in 5 years.

I'm thinking that if the price is close to $1,000 or $2,000 then 500 bitcoins would be enough to declare ourselves as fiat millionaire.

That is already good amount here in my country and I can survive with that amount for the rest of my life.

I can also able to have a lot of investments and businesses with that amount that will able to grow that amount.

[Skarner21]

I think 100-500 BTC will be enough in 5 years, but it will be closer to 500 though. I mean it is very possible that Bitcoin be over $2,000 and hence having 500 BTC will make a millionaire. I do believe that one Bitcoin will be over $100k eventually, but not so fast, not in 5 years.

It is honestly very large amount compare here in my country 10-25 btc is enough and i think 5 years we will see more advantage on the price more price increase that we will see in the future. here in my country even 50 btc is enough and you can sell it right now to be millionaire unlike in other places like in US places or in canada.. they are need a large amount of bitcoin before they will be millionaire in that countries.

[bitebits]

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.

For 1400 BTC it took less than a year instead. A brief lesson for all the bears and naysayers.

Now if one could extrapolate this result.. Fact is it becomes increasingly dangerous to not be in Bitcoin.

[just_Alice]

I think 100-500 BTC will be enough in 5 years, but it will be closer to 500 though. I mean it is very possible that Bitcoin be over $2,000 and hence having 500 BTC will make a millionaire. I do believe that one Bitcoin will be over $100k eventually, but not so fast, not in 5 years.

It is honestly very large amount compare here in my country 10-25 btc is enough and i think 5 years we will see more advantage on the price more price increase that we will see in the future. here in my country even 50 btc is enough and you can sell it right now to be millionaire unlike in other places like in US places or in canada.. they are need a large amount of bitcoin before they will be millionaire in that countries.

I think it doesn't depend on a country you live in. When we say "millionaire" we mean in US Dollars and not in any other currency, because that would be nonsense. Since we are here from around the world when we talk about money we talk about US Dollars for convenience.