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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)
acroman08
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February 13, 2017, 11:15:42 AM
 #441

If the price of bitcoin continues to rise 50-100 btc is enough to make me a millionaire only in our country(Php peso), but if we are going to use USD then 1000btc is the safest way to go, but I doubt I will be able to earn that much of btc even after 10 years or more.

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February 13, 2017, 11:27:45 AM
 #442

The price of bitcoin now in the market is reaching the expected 1000$ which is being waited by the traders and users last year. Now everyone are desperate to earn this cryptocurrency. If I will save bitcoin in the future, I might need a thousand of bitcoin to help me in the future. I thin its price will be in 4000$ in the market, not sure but it is a possibility.
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February 13, 2017, 12:56:49 PM
 #443

Theoretically, for the following five years bitcoin can rise up to $ 2-3k for 1Btc, but if you consider how many bitcoin need to become a millionaire, it turns out that during this time will be very hard to earn that amount. Almost impossible. In practice, the average 400btc and where to get them for five years. What kind of work so generous.

The only way to store up such amount is to find an online jobs that pays in bitcoin. Do not convert those bitcoins that you earn into fiat currency but use them in trading, buy very low and sell very high. If you are lucky you can double or multiply your capital and after five years you can possibly earn 50 btc or more from trading. After 5 years possibly bitcoin is already priced at 10,000 $ each then you will be a bitcoin millionaire.
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February 13, 2017, 01:17:45 PM
 #444

If the price of bitcoin continues to rise 50-100 btc is enough to make me a millionaire only in our country(Php peso), but if we are going to use USD then 1000btc is the safest way to go, but I doubt I will be able to earn that much of btc even after 10 years or more.

That's already good enough to become millionaire. But for me I'd rather go with 100-500 BTC to secure myself and my family for so many years. And also I want to say that the price should remain $1,000 or even higher. In that case, I myself will be considered as one of the young millionaires here in my place too.

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February 13, 2017, 01:54:26 PM
 #445

Theoretically, for the following five years bitcoin can rise up to $ 2-3k for 1Btc, but if you consider how many bitcoin need to become a millionaire, it turns out that during this time will be very hard to earn that amount. Almost impossible. In practice, the average 400btc and where to get them for five years. What kind of work so generous.

Yes that is true. As theory people can't be enough to get as many btc as he want though becauae no one in this world is able to fulfill his satisfaction of money. The more money you got the higher needs that you really need to get. Mean while if you got enough then your needs can't be that high. But for me 100 btc is more than enough to be a milionaire in my country. Btw how are you going to get 400 btc in 5 years? 80 btc per year is really hard to get
stomachgrowls
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February 13, 2017, 02:34:08 PM
 #446

Theoretically, for the following five years bitcoin can rise up to $ 2-3k for 1Btc, but if you consider how many bitcoin need to become a millionaire, it turns out that during this time will be very hard to earn that amount. Almost impossible. In practice, the average 400btc and where to get them for five years. What kind of work so generous.

Yes that is true. As theory people can't be enough to get as many btc as he want though becauae no one in this world is able to fulfill his satisfaction of money. The more money you got the higher needs that you really need to get. Mean while if you got enough then your needs can't be that high. But for me 100 btc is more than enough to be a milionaire in my country. Btw how are you going to get 400 btc in 5 years? 80 btc per year is really hard to get
Even 10 btc would be really hard for me because earning 1 btc is very hard and we all know that and most people are experiencing this kind of thing too.People doesnt have any satisfaction when it comes to money because its part of human nature of being greedy for money.

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grenade launcher
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February 13, 2017, 06:43:28 PM
 #447

If this level of bitcoin prices will persist for several years, and the growth rate will not be as strong, I think does not really become a millionaire. And all because in the signature campaign, what I'm doing, you will not become rich. It is necessary to work and sex life is not assured of success.
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February 13, 2017, 07:19:52 PM
 #448

How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.
There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.


Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000) Cheesy
I doubt BTC will drop to 500$, in which case you would need 2000BTC

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February 13, 2017, 07:49:24 PM
 #449

How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.
There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.


Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000) Cheesy
I doubt BTC will drop to 500$, in which case you would need 2000BTC
Calculations can spend without any problems, so only the complexity of their implementation will be something that can, and if the price will rise to $ 2k, then earn 500btc during these five years will be not so easy. I would try, if I advised.
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February 21, 2017, 07:46:25 PM
 #450

How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.
There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.


Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000) Cheesy
I doubt BTC will drop to 500$, in which case you would need 2000BTC
It is very hard to have to say the first million, you can earn in any way. The price of bitcoin is not stable at all, and therefore in the five years to do it is not possible.
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February 21, 2017, 08:41:46 PM
 #451

According to forecasts but, bitcoin will produce a few more years until the last mined bitcoin. When it's over, the price may rise to $ 10k, and then it will be easier. Total 100btc and you're king.
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February 21, 2017, 09:07:06 PM
 #452

In 5 years, if bitcoin will still be in existance, I predict the price to be no less then 15K$ a coin.
At that price, about 65 bitcoins will make you a millionaire at USA terms.
Anyway, BTC investing is really risky, so again I am saying, do not buy bitcoins with money that you can't afford losing.

I never think bitcoin price can reach 15k$ per coin even bitcoin still exist in next 10 years and for being millionaire with bitcoin, you need hold around 200btc if the price can reach $2000-$4000 per coin.
To become a millionaire, 200 btc not enough. When those prices that you offer is not feasible. Although if you work 10 years, then anything is possible.
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February 21, 2017, 09:24:03 PM
 #453

How many BTC will make you a fiat millionaire ($) in 5 years? Why?
As I doubt bitcoin price will go totally insane in the near future I would say you will need more than 1.500 - 2.000 BTC to reach million dollars threshold.
There is probably no way that we will see price increase after the halving so it is hard to predict bitcoin price after that.


Even at todays BTC price you only need 1000BTC to be a millionaire (1000 x 1000 = 1.000.000) Cheesy
I doubt BTC will drop to 500$, in which case you would need 2000BTC
Maybe there are more options with hypnosis, because some people face greater health problems. Maybe it could save them from the pain. While others fight drug to feel nothing.
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February 21, 2017, 09:41:47 PM
 #454

Theoretically, for the following five years bitcoin can rise up to $ 2-3k for 1Btc, but if you consider how many bitcoin need to become a millionaire, it turns out that during this time will be very hard to earn that amount. Almost impossible. In practice, the average 400btc and where to get them for five years. What kind of work so generous.

Yes that is true. As theory people can't be enough to get as many btc as he want though becauae no one in this world is able to fulfill his satisfaction of money. The more money you got the higher needs that you really need to get. Mean while if you got enough then your needs can't be that high. But for me 100 btc is more than enough to be a milionaire in my country. Btw how are you going to get 400 btc in 5 years? 80 btc per year is really hard to get
Even 10 btc would be really hard for me because earning 1 btc is very hard and we all know that and most people are experiencing this kind of thing too.People doesnt have any satisfaction when it comes to money because its part of human nature of being greedy for money.
Earn cryptocurrency always hard or expensive or if in the case of mining. Therefore, direct examples of what some coins and their number can not earn any years to become rich, to say and to answer the question there is no possibility.
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February 21, 2017, 09:41:50 PM
 #455

It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.

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February 22, 2017, 02:14:51 AM
 #456

It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.

I my self is living in 3rd world country, All I could say is, assuming that the price of bitcoin was stagnant in $1000, I would only need also a little more than 20 bitcoins. But just to be sure about life, I think 50 is enough since after 5 years things around us will be changing and we might need more than 1 million, and we would be needing more to atleast survive without working, with that said, I think we should accumulate as many as we can.  Smiley

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February 22, 2017, 05:26:45 AM
 #457

According to forecasts but, bitcoin will produce a few more years until the last mined bitcoin. When it's over, the price may rise to $ 10k, and then it will be easier. Total 100btc and you're king.

A few more years? Try 100 years. We'll all be long gone, seriously. If we have to wait that long for BTC to hit $10,000 we'll never see it.

So, what's your take in 5 years....not 100 years? I'll say BTC1000. (Which would make you a bitcoin millionaire today)
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February 23, 2017, 05:22:36 PM
 #458

It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.

I my self is living in 3rd world country, All I could say is, assuming that the price of bitcoin was stagnant in $1000, I would only need also a little more than 20 bitcoins. But just to be sure about life, I think 50 is enough since after 5 years things around us will be changing and we might need more than 1 million, and we would be needing more to atleast survive without working, with that said, I think we should accumulate as many as we can.  Smiley
Obviously the more the merrier, if I got the amounts of money people have stated here they need to be millionaire in their countries, like hundreds of coins, then my future and the the future of my family will be guaranteed for the rest of our lives.

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February 24, 2017, 07:52:31 AM
Last edit: February 25, 2017, 02:25:19 AM by el kaka22
 #459

It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
Yup, it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin rate is much greater which can make you a millionaire quicker than you will imagine. I think, in next 2 year bitcoin growth will rate exceed up to greater levels then no need to wait for 5 years working, you will be millionaire in just 2 year if you will be continuously working for bitcoins.

like hundreds of coins, then my future and the the future of my family will be guaranteed for the rest of our lives.
No one ever can sure about it. Because inflation of fiat might make cost of living into 10X times too. No one can predict even 10 million USD also will be enough for next generations as US dollars also might lose its buying power.

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February 24, 2017, 09:15:17 AM
 #460

It depends on the currency you use and the price of bitcoin at the time, since the currency of my country has a very low price compared to the dollar I don't need a crazy amount of bitcoin or for the price to skyrocket to be a millionaire in my country I will only need 25BTC for that to happen.
yup it depends upon the currency rate of country and bitcoin exchange rate. According to the growth rate of bitcoin as compare to economical rate of any country bitcoin growth rate is much greater may be in coming time much less bitcoin can make you a millionaire.  I think, In coming 2-year bitcoin currency rate exceed up to greater level then why you wait for 5-year working you will be millionaire in just 2-year if you continuously working with bitcoin.
Most of the people who says millionaire means to millionaire in US terms.

So according to the growth rate of about x4 each year, you will be able to be a millionaire from 1 bitcoin in 6 years.

But again.. nothing is predictable so don't catch me on the word/
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