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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 21830 times)
tradoz
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December 07, 2016, 07:15:04 AM
 #261

Maybe I do not know for sure how bitcoin to be able to make me a millionaire because bitcoin prices continue to fluctuate. Perhaps to make me a millionaire in a year requires 100 bitcoin more. I hope the next 5 years the price of bitcoin is very good so that I could be a millionaire because if prices continue to rise bitcoin will be very easy to become a millionaire Grin

I hope so if the price will continue upward with this current trend than we have chance to become millionaire more early than this 5 years of period. Bitcoin is truly unpredictable in a year it gained more than 300X so maybe this could be possible to surpass $1000 in next 3 months.
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December 08, 2016, 09:39:21 AM
 #262

Its not guarantee but I am sure if someone keep 1000 bitcoins he could be millionaire in next five years because now its going to touch 1500$ and this amount can give him easily rank in millionaire
I believe the number of bitcoins we are holding is not important, but the value of bitcoin is more important, therefore to me I think it will depend on the price of bitcoin after 5 year and only then we can conclude that how many bitcoin can make a person fiat millionaire at that time.

In a rough estimation I guess less than 10 bitcoins too more than enough.
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December 09, 2016, 03:50:26 AM
 #263

Maybe I do not know for sure how bitcoin to be able to make me a millionaire because bitcoin prices continue to fluctuate. Perhaps to make me a millionaire in a year requires 100 bitcoin more. I hope the next 5 years the price of bitcoin is very good so that I could be a millionaire because if prices continue to rise bitcoin will be very easy to become a millionaire Grin

I hope so if the price will continue upward with this current trend than we have chance to become millionaire more early than this 5 years of period. Bitcoin is truly unpredictable in a year it gained more than 300X so maybe this could be possible to surpass $1000 in next 3 months.
Yes, I also hope bitcoin prices will continue to rise, so the opportunity to become a millionaire with bitcoin getting closer. Now bitcoin prices continue to rise and if this happens, as you say the price could reach $ 1,000 next few months. So in the next 5 years we can become a millionaire. But I still fear if bitcoin prices down and tumbled like last year, hopefully it will not happen so that we can become a millionaire with bitcoin.
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December 11, 2016, 09:07:21 AM
 #264

Well this not only depends on how much strong bitcoin gets but also on how weak the $ gets. And in 5 years you can not say. If for some reason the dollar value goes down then even a small amount of bitcoins can be enough to have millions of dollars but that does not mean its a lot of value.

If you are talking in the sense that the dollar value stays the same then I would say around 1000 bitcoins would be enough to become a millionaire in 5 years.
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December 11, 2016, 10:22:07 AM
 #265

If the price will not go down and maintain at 1000$ stable as its new bottom price 1000 btc is enough to make a better life for a long time.  You can do all whatever you want to do.
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December 13, 2016, 06:53:38 PM
 #266

If the price will not go down and maintain at 1000$ stable as its new bottom price 1000 btc is enough to make a better life for a long time.  You can do all whatever you want to do.
Well, with such figures is very simple arithmetic and become a millionaire is really easy. I think $ 1,000 for btc already will see in the next year.
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December 13, 2016, 10:25:07 PM
 #267

If the price will not go down and maintain at 1000$ stable as its new bottom price 1000 btc is enough to make a better life for a long time.  You can do all whatever you want to do.
That's just not clear how and where you can earn such amount of bitcoin. In the near future it will be not very easy.
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December 14, 2016, 12:50:46 AM
 #268

I don't think the price of bitcoin will rise beyond $5000 ever, so it would be needed at least $1,000 btc to ensure a pleasant retirement. However I am not so sure that by then the value of the dollar will be as significant as today after the Trump era.
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December 14, 2016, 02:01:01 AM
 #269

500-1000 is easy with another boom... Despite risk $1200-$1700 USD each would do.

A millionaire doesn't always mean to have that much in value, just enough to make that in a lifetime... For that figure to forth to obtaining more while you can!

Positid
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December 14, 2016, 03:19:48 AM
 #270

500-1000 is easy with another boom... Despite risk $1200-$1700 USD each would do.

A millionaire doesn't always mean to have that much in value, just enough to make that in a lifetime... For that figure to forth to obtaining more while you can!
There's no specific amount you can ensure everyone will enjoy, the decision is base on us because we have different interest in life and we have different lifestyle, for some it might not be enough but for others it's too much.

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virasog
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December 14, 2016, 12:42:27 PM
 #271

Definitely, we need more than 1000 bitcoins, than may be bitcoin make millionaire, But only when, bitcoin continuously rise up, because it is no guarantee that bitcoin will always go up, may be during the 5 years, bitcoin suddenly down. So our millionaire would be dream. So i think better is that only hold the bitcoin with no time limit.
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December 14, 2016, 07:13:17 PM
 #272

500-1000 is easy with another boom... Despite risk $1200-$1700 USD each would do.

A millionaire doesn't always mean to have that much in value, just enough to make that in a lifetime... For that figure to forth to obtaining more while you can!
If Bitcoin is only stable stand still or jump, then in this way will not be one millionaire. It is superfluous digits and nothing can succeed without raising prices.
Taki
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December 14, 2016, 07:30:55 PM
 #273

I counted that 500 bitcoin will be enough to me in five years. I believe to some bitcoin experts that promise 2000$ price for bitcoin after next halving in four years. After four years the price for bitcoin will grow to 2000-5000$ and I am going to keep all my bitcoins to cash it out in that moment.
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December 15, 2016, 04:03:43 AM
 #274

I counted that 500 bitcoin will be enough to me in five years. I believe to some bitcoin experts that promise 2000$ price for bitcoin after next halving in four years. After four years the price for bitcoin will grow to 2000-5000$ and I am going to keep all my bitcoins to cash it out in that moment.
I guess that's too much for me, I can live a decent life with 100 BTC. and I can only cash out half of that as I believe that bitcoin will continue to rise it's value.

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December 15, 2016, 08:26:37 AM
 #275

Next decade will have a rapid growth of cryptocurrencies. Bitcoin as a leader of them has an increased maturity and is world wide known because of blockchain technology. On the other side we see that fiat money try to take ideas from bitcoin like as their digital coins and private blockchains because they fear that people will lose their bank credit. I believe that a big part of world population will follow bitcoin and this is will be the decisive factor that will launch the bitcoin price maybe to $10000. 
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December 15, 2016, 09:23:09 AM
 #276

It depends on how much is the current rate of bitcoin to your country currency coz you will always exchange it to a fiat currency to know its value. If the value of bitcoin always go high then 1000 bitcoin will make you a millionaire on western country but if you live in Asia 500 is enough to live modestly.
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December 15, 2016, 02:27:42 PM
 #277

The price of bitcoins in the next 5 years is likely to double or triple as the price as being steadily gaining value which makes the range of 500-1000 bitcoins to be  the option for one to become a millionaire
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December 15, 2016, 05:05:52 PM
 #278

The price of bitcoins in the next 5 years is likely to double or triple as the price as being steadily gaining value which makes the range of 500-1000 bitcoins to be  the option for one to become a millionaire
If prices really will jump over the next 5 years, you should not count on a steady income and an opportunity to become a millionaire. It is of course if you are not a them.
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December 15, 2016, 05:26:43 PM
 #279

Its hard to say of course and cannot be predicted at any time but I think it will be around the 500 btc range..
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December 15, 2016, 06:21:29 PM
 #280

Its hard to say of course and cannot be predicted at any time but I think it will be around the 500 btc range..
This is a very serious assumption, because it is not necessary to hope in the near future the fact that prices will soar to great heights, yet there are no grounds.
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