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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)
Telepo
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January 05, 2017, 02:28:28 PM
 #321

You must have at least 100 bitcoins and the price would be 10,000$ or more the you will be a millionaire after 5 years.
From now on you should spend you money for bitcoins as much as possible.
Good Luck, Guy.

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January 05, 2017, 04:38:02 PM
 #322

You must have at least 100 bitcoins and the price would be 10,000$ or more the you will be a millionaire after 5 years.
From now on you should spend you money for bitcoins as much as possible.
Good Luck, Guy.
Yes true but it is just dream that within 5 years Bitcoin price will be $10000 per Bitcoin. I wish to get 5000 Bitcoin at very cheap price and than want to sell these Bitcoin at $3000-$5000 price within 5 years.

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January 05, 2017, 10:43:25 PM
 #323

bitcoin price will continue going up, so in 5 five years from now on, so more less 1000 btc, should be enough, if anything weird, ont that time happens
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January 05, 2017, 10:50:42 PM
 #324

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.
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January 06, 2017, 02:06:55 AM
 #325

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.

So 10-99 lol
That's a nice margin of error to work with...
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January 06, 2017, 02:19:58 AM
 #326

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.

Assuming that we reach $5000 or even  maximum of $10,000 per bitcoin and you have two digit, maximum of 99 as post above mentioned, you will still fell short to $1 million in five years. That isn't going to be possible. Not to mention that $10,000 ATH is also a hard target, it isn't going to be hit in 5 years and if it does, we might experience a free fall again, just like what happened yesterday, and would need to rebuild the foundation again.

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January 06, 2017, 02:37:30 AM
 #327

Can 1 bitcoin equal to 1 million in the future?
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January 06, 2017, 02:41:15 AM
 #328

Can 1 bitcoin equal to 1 million in the future?

Yes but not until 2024 halving
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January 06, 2017, 02:45:38 AM
 #329

...

I decided to be optimistic, perhaps too optimistic in my poll response.  And of course it is impossible to predict with any accuracy and precision just what the price will be tomorrow evening, much less in 5 years...

Still, I picked 100 - 500 BTC, with my best wankery guess at some $4000 (average year price in 2022), 250 of 'em would yield you the $1,000,000.

My guess assumes no severe inflation (might not be a good assumption...), so +/- $4000 in real US$ terms.  My guess is, of course, worth nothing, but it does offer up an idea of what could happen.
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January 06, 2017, 03:43:01 AM
 #330

...

I decided to be optimistic, perhaps too optimistic in my poll response.  And of course it is impossible to predict with any accuracy and precision just what the price will be tomorrow evening, much less in 5 years...

Still, I picked 100 - 500 BTC, with my best wankery guess at some $4000 (average year price in 2022), 250 of 'em would yield you the $1,000,000.

My guess assumes no severe inflation (might not be a good assumption...), so +/- $4000 in real US$ terms.  My guess is, of course, worth nothing, but it does offer up an idea of what could happen.

Well, I think that there is definitely going to be a lot of inflation. Probably a deflation first and then an inflation, in my opinion.

That in itself would drive up the commodity prices, and bitcoin is a commodity as well. As bitcoin is a disinflationary currency that means that the inflation rate goes down over time. When people realise that they will buy into bitcoin, driving the price up.
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January 06, 2017, 03:55:18 AM
 #331

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.
I think it depends on the country, countries of Asia and Africa sure enough 2 digits, but for developed countries such as America and Europe certainly need at least 3 digits,

For myself, sure 2 digits are enough to make me a millionare but with prices now.
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January 06, 2017, 04:02:43 AM
 #332

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.
I think it depends on the country, countries of Asia and Africa sure enough 2 digits, but for developed countries such as America and Europe certainly need at least 3 digits,

For myself, sure 2 digits are enough to make me a millionare but with prices now.

Yeah for those people who are living in the third world countries 2 digit amount of bitcoin is already enough to become millionaire. But still it will be the best thing if you are going to hold hundreds or thousands of bitcoins. And still the floor price of bitcoin is still unidentified, hoping that everything will be always in the favor of holders.

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January 07, 2017, 08:30:12 AM
 #333

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.
I think it depends on the country, countries of Asia and Africa sure enough 2 digits, but for developed countries such as America and Europe certainly need at least 3 digits,

For myself, sure 2 digits are enough to make me a millionare but with prices now.

Yeah for those people who are living in the third world countries 2 digit amount of bitcoin is already enough to become millionaire. But still it will be the best thing if you are going to hold hundreds or thousands of bitcoins. And still the floor price of bitcoin is still unidentified, hoping that everything will be always in the favor of holders.
You people mean 10 bitcoins ? Then we must need bitcoin prices at 0.1 million dollars for considering decent fiat equivalent.

I am not finding any feasibility of having bitcoin prices to that big high in next 5 years still I may go wrong when yuvan again start losing its worth. Yes, we need to depend on Chinese investors for becoming millionaires  Roll Eyes

Do not be so selfish to become millionaire by yourself alone. Make your friends also adopt bitcoin to become millionaire then we can fasten the possibilities (obviously without need of Chinese hand).
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January 07, 2017, 10:08:39 AM
 #334

I think we must have at least 100 Bitcoin if we ever want to be a millionaire in the next 5 years. Bitcoin prices slowly increase every year so I think the highest prices it can reach per 1 bitcoin is 10000$. Anyhow, investing money in bitcoin is still the best option right now. In the future, I think the situation will change and we need to buy other cryptos if we want to be rich again

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January 07, 2017, 10:11:57 AM
 #335

I think we must have at least 100 Bitcoin if we ever want to be a millionaire in the next 5 years. Bitcoin prices slowly increase every year so I think the highest prices it can reach per 1 bitcoin is 10000$. Anyhow, investing money in bitcoin is still the best option right now. In the future, I think the situation will change and we need to buy other cryptos if we want to be rich again

100 bitcoin won't suffice... Remember, we haven't even break the old ATH, and that means, that level is so high for bitcoin by now, and if we pass that level, I think it will start to go back just like this again... It seems like the history of bitcoin keeps on happening over and over again, and by that, I think 100 bitcoin won't be enough... We need more than that if we want to be a millionaire after five years...  Smiley
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January 07, 2017, 11:56:45 AM
 #336

Theres quite a lot of people who seem to think 100 bitcoins is going to be the number but imo theres no way that will be anywhere near enough to become a millionaire, Reaching 10k per coin in such a short time would not be good for bitcoin, If for some reason it reached that high so quickly then it would dump just as fast and hard. 100 bitcoins would still be a good number to have but you wont be a millionaire.

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January 07, 2017, 12:20:36 PM
 #337

I was feeling like 5-10 is more than enough seeing the current situations. But clicked on 10-25 just to fulfill the weird behaviors of the bitcoin market. I guess that will make you a millionaire for sure. Some people say Satoshi is holding more than a million Bitcoins, so who knows..?

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January 07, 2017, 12:42:40 PM
 #338

After looking at the current increase in the price of bitcoin I will say that not much amount will be required to make a person millionaire in the coming 5 years. At that time I am sure that we will require only 2 digit bitcoins to become millionaire.
I think it depends on the country, countries of Asia and Africa sure enough 2 digits, but for developed countries such as America and Europe certainly need at least 3 digits,

For myself, sure 2 digits are enough to make me a millionare but with prices now.

Yeah for those people who are living in the third world countries 2 digit amount of bitcoin is already enough to become millionaire. But still it will be the best thing if you are going to hold hundreds or thousands of bitcoins. And still the floor price of bitcoin is still unidentified, hoping that everything will be always in the favor of holders.
You people mean 10 bitcoins ? Then we must need bitcoin prices at 0.1 million dollars for considering decent fiat equivalent.

I am not finding any feasibility of having bitcoin prices to that big high in next 5 years still I may go wrong when yuvan again start losing its worth. Yes, we need to depend on Chinese investors for becoming millionaires  Roll Eyes

Do not be so selfish to become millionaire by yourself alone. Make your friends also adopt bitcoin to become millionaire then we can fasten the possibilities (obviously without need of Chinese hand).

Let's say 10 bitcoins and up, yes that is much enough already for those countries. Mostly those countries are just minimum earners and even attain to live $1 a day. And I'm not even that selfish either, as a matter of fact I used to share bitcoin with a close friend but a twist did happened that he is already in bitcoin for almost 4 years and managed to earn 10 BTC/monthly from deep web and basically he is now filthy rich.

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..CASINO....SPORTS....RACING..
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WarThunder
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January 08, 2017, 01:01:30 PM
 #339

I was feeling like 5-10 is more than enough seeing the current situations. But clicked on 10-25 just to fulfill the weird behaviors of the bitcoin market. I guess that will make you a millionaire for sure. Some people say Satoshi is holding more than a million Bitcoins, so who knows..?
Well, I am fully confident that the creator of bitcoin certainly not only a millionaire in dollar currency, it has millions of bitcoin.
ivan.daineko23
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January 08, 2017, 01:33:52 PM
 #340

If even now assume that bitcoin will rise to $ 1,000 measured for btc, it means that you need to have 1k btc on the purse to become a millionaire. But five years is the number of bitcoin probably difficult to collect.
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