chrisivl
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February 06, 2017, 08:56:23 PM |
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In five years, it is very difficult to become a millionaire, even if doing bitcoin. This is another area having sufficient cash resources can make millions in a few years, and I am taking into account first.
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Pab
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February 06, 2017, 09:39:24 PM |
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Depends what fiat currency,also depends on economic situation in developed countrys,lets say euro will crash,i believe euro will crash,than even 0.100 can make milionoier but euro will worthless, To be more realistic inflation is coming back to europe,same will be in USA,if turn in to hyper inflation than 1Btc can be 10k$ easy,if derivative market will crash than only one way will be new begining Price is relative value is importent
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one-day0
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February 06, 2017, 10:12:26 PM |
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Depends what fiat currency,also depends on economic situation in developed countrys,lets say euro will crash,i believe euro will crash,than even 0.100 can make milionoier but euro will worthless, To be more realistic inflation is coming back to europe,same will be in USA,if turn in to hyper inflation than 1Btc can be 10k$ easy,if derivative market will crash than only one way will be new begining Price is relative value is importent
You are very attached to the course cryptocurrency economic conditions in different countries and even the world financial system. Of course the value of bitcoin all want the more the better, but the forecast at the level of $ 10k this particular belief in a bright future bitcoin.
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t3ChNo
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February 06, 2017, 10:22:51 PM Last edit: February 08, 2017, 08:05:50 PM by t3ChNo |
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If there won't be any problems with Bitcoin in the future, hopefully it should reach around the $2000 mark in the next few years. We have seen how it moves recently so having Bitcoin maybe at least 100 should make you a decent millionaire.
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elena-tur
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February 06, 2017, 10:30:56 PM |
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Assuming there is no problem with bitcoin like issues, regulations, stability every month, it should reach at least around $2500-$3000 in five years. We need 500-1000 to be fiat millionaire, it seems such a decent amount. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I also believe in such cryptocurrency growth rates over the next few years, but it seems to me that this is not at all enough to collect a vast fortune and get the status of a millionaire.
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ifightformerkel
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February 06, 2017, 10:56:09 PM |
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In my opinion in 5 years the btc price will be at 20.000 Dollar.
So you would need minimum 50 btc to be a fiat millionair.
I think really think that the btc price will be maybe higher, but 20k is realistic.
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angaper
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February 06, 2017, 11:25:20 PM |
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In my opinion in 5 years the btc price will be at 20.000 Dollar.
So you would need minimum 50 btc to be a fiat millionair.
I think really think that the btc price will be maybe higher, but 20k is realistic.
Why not? Sometimes I have been a bit pessimistic about these interesting figures, but when I analyze the potential of bitcoin and compare it with the global financial situation to be expected in five years, it doesn't seem so unlikely a future scenario when the bitcoin price achieve 20k at least.
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n691309
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February 06, 2017, 11:26:56 PM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
At the current price we need around 1000 BTC to become millionaire and seems that most of the people has voted this in the poll above, but I think that in 5 years bitcoin price can be increased more and maybe we need 200-500 BTC to become millionaire, just my opinion.
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EdenHazard
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February 07, 2017, 12:07:08 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
At the current price we need around 1000 BTC to become millionaire and seems that most of the people has voted this in the poll above, but I think that in 5 years bitcoin price can be increased more and maybe we need 200-500 BTC to become millionaire, just my opinion. honestly it is depend on how you describe millionaire in your life . for some people having 10 million dollar are more than enough , but for some people too it wasn't enough , at least have 900 million dollar! then if you are an early adopter , you bought 900,000 bitcoin for $1 each it's enough! nowadays it seems hard to make it happen.
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mornabo
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February 07, 2017, 12:32:34 AM |
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I vote 100-500 since i believe that there will be mass adoption in some years and BTC will be used as a safe heaven to troubled times ahead.
of course within 5 years to come bitcoin prices will be higher than this view bitcoin users continues to grow, so maybe you just need at least 100 bitcoin to be a millionaire
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Natalim
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February 07, 2017, 05:26:03 AM |
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I vote 100-500 since i believe that there will be mass adoption in some years and BTC will be used as a safe heaven to troubled times ahead.
of course within 5 years to come bitcoin prices will be higher than this view bitcoin users continues to grow, so maybe you just need at least 100 bitcoin to be a millionaire Well, if this current trend will continue that is not impossible to happen, I am actually very optimistic that we will have a good success if we will choose to invest now. Bitcoin's success cannot be stop anymore, it is our voice and actions that will make it successful and I believe this will lead to a better world as bitcoin continues to exist.
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Electra01
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February 07, 2017, 10:33:38 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
According to the poll 2 people believe that 1 BTC will be valued at $100,000,000 in 5 years. I don't think it will happen but I hope it does.
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gabmen
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February 07, 2017, 05:45:44 PM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
from the price of bitcoin now, it may take just around 1000 btcs to be a millionnaire and even less if the price continues to rise. Though i don't think it would be that easy to earn a thousand btc's also so it would really be a challenge if your goal is to be a millionnaire through bitcoins.
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Monnt
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February 08, 2017, 10:05:41 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
According to the poll 2 people believe that 1 BTC will be valued at $100,000,000 in 5 years. I don't think it will happen but I hope it does. I wish that it is going to happen but that is far from reality even though bitcoin is fast increasing when it comes to its price. That price of value for $100,000 after 5 years is very impossible and unbelievable to happen. Probably the price of bitcoin by that time will be $5,000. And that can make me fiat millionaire if I hold hundreds. Agreed, we can all agree that the bitcoin has been a roller-coaster, and the price reaching $1000 is a big milestone that makes us think that there is a possibility that it can reach higher prices, but that does not mean that it can reach unreasonable prices like $100,000, bitcoin has already made some people fiat millionaires, the ones who have supported the bitcoin since the beginning when the price was less than a $1.
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n691309
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February 08, 2017, 09:13:04 PM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
At the current price we need around 1000 BTC to become millionaire and seems that most of the people has voted this in the poll above, but I think that in 5 years bitcoin price can be increased more and maybe we need 200-500 BTC to become millionaire, just my opinion. honestly it is depend on how you describe millionaire in your life . for some people having 10 million dollar are more than enough , but for some people too it wasn't enough , at least have 900 million dollar! then if you are an early adopter , you bought 900,000 bitcoin for $1 each it's enough! nowadays it seems hard to make it happen. I doubt there were so many coins (around 1 million) for selling at $1, also who doesn't like 900 million?? lol. I think that if you have 1 million it isn't a small amount but not also a big amount if you think to invest in a project that you have searched or waiting for.
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rajasumi3
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February 09, 2017, 04:37:26 AM |
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I am very optimistic in the price hike and i think the price of bitcoins would go high up a lot .but to reach to it threshold level .we would need more bitcoins that is we need more than 2000 bitcoins if the demand for bitcoins goes high at a very fast level .
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hurain
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February 09, 2017, 06:26:04 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
from the price of bitcoin now, it may take just around 1000 btcs to be a millionnaire and even less if the price continues to rise. Though i don't think it would be that easy to earn a thousand btc's also so it would really be a challenge if your goal is to be a millionnaire through bitcoins. i think the rice of bitcoin is effecting the need of a person. for example a year before the price of bitcoin was trading below 500 USD so if a person was needed 1000 USD and if we compare the need of this person withe present price of bitcoin as bitcoin is now trading above 1050 USD level. so think he will need about 470 bitcoin to meet his needs. therefore i will like to say that it depend on the price of bitcoin.
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topesis
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February 09, 2017, 06:43:13 AM |
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BTC should be above $2000 in 5 years time. So I will need 500BTC to be a millionaire. If BTC hit the projected $10,000. I new set of millionaires would be born and may lead to power transfer
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coynedterm
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February 09, 2017, 06:45:38 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
Here the question is looking so simple but is not . Because here OP is asking how much bitcoin needed to be millionaire in the future without mention the risk associated with bitcoin , I mean bitcoin's price is included with much fluctuations So here chances are also for the down of price . But if we are discussing about the only increase in the price only then I will say we should have at least 50-100 BTC because , if we have very low amount of bitcoin then after increase of bitcoin price still will have profit of some dollers only , So here having much amount of bitcoin may be result into the big profit which is best looking profit for everyone .
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asriloni
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February 09, 2017, 07:12:38 AM |
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How many BTC will make you a fiat millionaire ($) in 5 years? Why?
According to the poll 2 people believe that 1 BTC will be valued at $100,000,000 in 5 years. I don't think it will happen but I hope it does. That's a troll, it's too far from making a sense thing. Bitcoin will never touch $100,000,000 at least it won't never touch $100,000. That's just dream. Too many the parties are trying to prevent the bitcoin price's hype. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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