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Author Topic: How much bitcoin do you need now to be a millionaire?  (Read 2922 times)
coynedterm
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August 10, 2017, 01:26:57 AM
 #21

Bitcoin now is over 3000 usd.  How much bitcoin would you say you need now to be a millionaire in the future?  I heard there is an expert that said bitcoin will hit 100k but this would take a very long time.  This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this.


If bitcoin hits 100k a coin, you would need 10 bitcoin.  And of course, most people do not have 10 bitcoin or anywhere close to that amount unless they got bitcoin when it was very cheap... or of course they have a lot of money to invest.


To those of you with say 5 bitcoin, do you think its possible?  What about those with say 10 bitcoin?  I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire?  I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money. 
I think all factors which are telling thst price of the bitcoin will be 10k$/btc at the end of the year 2020 are falls because currently the increasing price is directly showing what will happen in the last of this year  , may be the target will be achieved by the bitcoin in the mind of the next year .
So in my opinion we want to be millionaires in the next year then we should have 10 btc in the current time because 10k$ can't make rich but surely if we will have 10btc instead of 1 btc then we will have 100K$/BTC which is sufficient for those who want to say as rich person in this current time .
Well currently i have about 5+btc in my wallet and currently i am feeling that i am ruch and will get success much like this in the next year easily  with the increasing price only .

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August 10, 2017, 01:37:06 AM
 #22

Having a lot of bitcoin to become a millionaire is the dream of everyone who is in this community, I personally do not have a lot of bitcoin but I'm very grateful to be able to get bitcoin anytime. People usually will never be satisfied with what they have, so until whenever people will keep trying to have a lot of bitcoin to become a millionaire.

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August 10, 2017, 01:39:43 AM
 #23

Having a lot of bitcoin to become a millionaire is the dream of everyone who is in this community, I personally do not have a lot of bitcoin but I'm very grateful to be able to get bitcoin anytime. People usually will never be satisfied with what they have, so until whenever people will keep trying to have a lot of bitcoin to become a millionaire.

He grew out to be the new messiah. Check XMY. Carachter of DGB but home at 065. (085 2017) A pump going wrong i guess.

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August 10, 2017, 01:49:25 AM
 #24

This entirely depends on the growth happening in the price of bitcoin. When the price of bitcoin was around $350 it's speculated that more bitcoins were required to be a millionaire. Now it has grown 10times high in value, so this keeps on changing with regards to time and growth happening. At least a 100 coin seems to be a must to be a millionaire even in any situation as the price increase and decrease can happen anytime.
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August 10, 2017, 02:30:08 AM
 #25

[quoteHere i my self have 6 btc without any much hard work anr made witg my smart work only][/quote]

what is you say "witg my smart work"? If you'd be so kind as to share with us I'd be greatly appreciative.
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August 10, 2017, 02:34:18 AM
 #26

Bitcoin now is over 3000 usd.  How much bitcoin would you say you need now to be a millionaire in the future?  I heard there is an expert that said bitcoin will hit 100k but this would take a very long time.  This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this.


If bitcoin hits 100k a coin, you would need 10 bitcoin.  And of course, most people do not have 10 bitcoin or anywhere close to that amount unless they got bitcoin when it was very cheap... or of course they have a lot of money to invest.


To those of you with say 5 bitcoin, do you think its possible?  What about those with say 10 bitcoin?  I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire?  I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money. 
I don't know exactly amount of bitcoin that i need to become a millionaire. I believe that until i have so many income and it was continuously added, i think it was very near to me to become a millionaire someday. And besides, if bitcoin was keep pricing up,  i will earn that and i will exchange if that will be enough for me.



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August 10, 2017, 02:36:48 AM
 #27

Bitcoin now is over 3000 usd.  How much bitcoin would you say you need now to be a millionaire in the future?  I heard there is an expert that said bitcoin will hit 100k but this would take a very long time.  This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this.


If bitcoin hits 100k a coin, you would need 10 bitcoin.  And of course, most people do not have 10 bitcoin or anywhere close to that amount unless they got bitcoin when it was very cheap... or of course they have a lot of money to invest.


To those of you with say 5 bitcoin, do you think its possible?  What about those with say 10 bitcoin?  I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire?  I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money. 

if bitcoin will reach 5000$ before the end of the year , i will need to have at least 4 bitcoins to become a millionaire but that would not be the ideal life that i wanted. Maybe 50 bitcoin is good enough for me to live a nice life and fulfill the dreams that i wanted.

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August 10, 2017, 02:39:22 AM
 #28

10 to 15 BTC is great, perfect!!
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August 10, 2017, 02:50:13 AM
 #29

Bitcoin now is over 3000 usd.  How much bitcoin would you say you need now to be a millionaire in the future?  I heard there is an expert that said bitcoin will hit 100k but this would take a very long time.  This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this.


If bitcoin hits 100k a coin, you would need 10 bitcoin.  And of course, most people do not have 10 bitcoin or anywhere close to that amount unless they got bitcoin when it was very cheap... or of course they have a lot of money to invest.


To those of you with say 5 bitcoin, do you think its possible?  What about those with say 10 bitcoin?  I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire?  I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money. 
become millionaire is relative where someone live. one who live in usa maybe need 1.000.000 usd in bitcoin to become a millionaire, but in my country i am becoming millionaire with only 1 btc and if 1 btc change to my fiat i will get tens million. so here i am a millionaire because value of bitcoin towards my fiat is very high.

more over if i have 3 or 4 bitcoin now i will possible to buy a house (buy with fiat) in my region but it is very hard to me collect that amount. so maybe criterion of millionaire for everyone is different.

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August 10, 2017, 02:52:14 AM
 #30

It will depend on what country are you residing because for some they just need 5 bitcoin to become one and others would need 10 - 15 bitcoin. Lucky for those early adopters of bitcoin since they got it cheap and hold maybe 100 coins or above but maybe they already sold it a few years ago when the price go up and is also one of us now trying to accumulate coins to be one of those millionaires. With hard work, we can reach the goal of becoming one in the near future if the value of bitcoin continue to go up.

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daringdiscovered
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August 10, 2017, 02:53:54 AM
 #31

Maybe 100btc is enough to live a happy life here in my country,with that amount of money i can go whatever i want,eat whatever i like buy everything that will make my family cause they are the reason why im doing it. I dont have any plan for myself its them why im working so very hard.

100 BTC is indeed enough, especially if its price will go more higher than what we are expecting, I think if we are storing a large amount of bitcoin in our wallets, then I could say that we could have billions of dollars and we are going to be rich people without having a sweat. Easy money on bitcoin is the thing that we should know by now, because we can't earn money in gambling like the money what we could earn in this Forum.
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August 10, 2017, 02:59:33 AM
 #32

If Bitcoin can survive its governance problems, forkmania, get some decent exchanges and something ETF esque I think $20,000 is achievable by the early 2020s. So 50 gets my vote. That's not remotely achievable for most here now.

Of course if you and Bitcoin stick around long enough you'll end up being a millionaire simply thanks to inflation with one or less.

Probably, the keyword to remember here is to wait. Patience is a virtue as they say. If we'll wait for the right time, we'll know how much bitcoin we'll need and live like a millionaire. Being a millionaire is a lifestyle, right? It's not a goal. So, the road to getting there requires patience and consistent hardwork.

Let's make a change. Change makes you better. Change makes you smarter. Change makes you healthier.
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August 10, 2017, 03:01:26 AM
 #33

i'm having trouble understanding how the bitcoin keeps rising in value after the split (and another potential split coming up...)
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August 10, 2017, 03:02:37 AM
 #34

I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire?  I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money.  
Around 50-100 is enough, I think.
And yes, that's true. But, the poeple who got bitcoin earlier that bought it when it's very cheap,
Did they know that bitcoin price will become this expensive?
Are they even hold it untill now and are they even rich now?
Who knows, right? They might be or not.
Nanda Dewi277
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August 10, 2017, 03:07:09 AM
 #35

If Bitcoin can survive its governance problems, forkmania, get some decent exchanges and something ETF esque I think $20,000 is achievable by the early 2020s. So 50 gets my vote. That's not remotely achievable for most here now.

Of course if you and Bitcoin stick around long enough you'll end up being a millionaire simply thanks to inflation with one or less.

Probably, the keyword to remember here is to wait. Patience is a virtue as they say. If we'll wait for the right time, we'll know how much bitcoin we'll need and live like a millionaire. Being a millionaire is a lifestyle, right? It's not a goal. So, the road to getting there requires patience and consistent hardwork.
I agree with you, Patience and fight hard I'm sure the result will not lie, I mean with hard work the result is also good. Many people do not want to work hard so they commit fraud or scammer.

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August 10, 2017, 03:12:37 AM
 #36

For me 20 bitcoin I think is enough for me to become a bitcoin millionaire, I save the half and save the other half in the bank and I think that this is a good idea because I have invested bitcoin for long term. Bitcoin investor now are enjoining the benefits of bitcoin price increase and this will going far for more in this coming months...

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August 10, 2017, 03:14:47 AM
 #37

Bitcoin now is over 3000 usd.  How much bitcoin would you say you need now to be a millionaire in the future?  I heard there is an expert that said bitcoin will hit 100k but this would take a very long time.  This is the guy that predicted bitcoin would hit 2k etc when very few ppl thought about this.


If bitcoin hits 100k a coin, you would need 10 bitcoin.  And of course, most people do not have 10 bitcoin or anywhere close to that amount unless they got bitcoin when it was very cheap... or of course they have a lot of money to invest.


To those of you with say 5 bitcoin, do you think its possible?  What about those with say 10 bitcoin?  I assume those people who got bitcoin earlier and got like 100 bitcoin probably feel very good about being a millionaire?  I don't think it would be possible to be a millionaire now with bitcoin if you are buying bitcoin now unless you have alot of money. 

Well, a million USD is probably around a couple of hundred Bitcoin, which looking back at old prices from 2000-2010, really makes me think. I wonder what happened to the people who just bought 1000 Bitcoin when it was a couple of cents as a prank or when they were drunk and now they are pretty much millionaires. Bitcoin really swaps the positions of our society and can change someone who is in the lower portion of society into the higher parts of society.

Patience people, I think that bitcoin will rise to 5K soon and we will all be millionaires. Wonder what signature campaigns will be like, with prices at like 5K, I would be getting almost 200 USD a week from just messing around here.

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August 10, 2017, 03:19:24 AM
 #38

i'm having trouble understanding how the bitcoin keeps rising in value after the split (and another potential split coming up...)

The split worked quite well for people since the combined value is much higher now.

Maybe people are thinking it will be the same for the next potential split and is preparing by buying now.
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August 10, 2017, 03:41:05 AM
 #39

here in the Philippines. To become a millionaire I will increase approximately 7 BTC at an estimated price of $ 3,000. And if it's still rising at today's price 3 BTC is fine so I can call myself a millionaire. Even 1 BTC is now available to become a millionaire as it continues to increase the Bitcoins. Just hold it for a long time.
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August 10, 2017, 04:03:17 AM
 #40

Maybe 100btc is enough to live a happy life here in my country,with that amount of money i can go whatever i want,eat whatever i like buy everything that will make my family cause they are the reason why im doing it. I dont have any plan for myself its them why im working so very hard.
I do not think 100 btc in my country, you will become millionaire. That money is enough for you to buy a big house or a few cars. I think becoming a millionaire needs more btc than 100. Possibly owning that much btc then you will be rich but not suitable to call millionaire
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